Surani Steel Tubes (NSE:SURANI) Other Current Assets: ₹339.6 Mil (As of Mar. 2026)

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NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
55 GF Score
Price ₹96.95
GF Value ₹68.82
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Other Current Assets?

Surani Steel Tubes NSE:SURANI -0.05% 55 Other Current Assets is ₹339.6 Mil as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 55/100 and a GF Value™ of ₹68.82 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Surani Steel Tubes's other current assets for the quarter that ended in Mar. 2026 was ₹339.6 Mil.

Surani Steel Tubes's quarterly other current assets declined from Mar. 2025 (₹101.5 Mil) to Sep. 2025 (₹53.0 Mil) but then increased from Sep. 2025 (₹53.0 Mil) to Mar. 2026 (₹339.6Mil).

Surani Steel Tubes's annual other current assets declined from Mar. 2024 (₹142.0 Mil) to Mar. 2025 (₹101.5 Mil) increased from Mar. 2025 (₹101.5 Mil) to Mar. 2026 (₹339.6 Mil).


Surani Steel Tubes Other Current Assets Related Terms


Surani Steel Tubes Other Current Assets Historical Data

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The historical data trend for Surani Steel Tubes's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Surani Steel Tubes Other Current Assets Chart

Surani Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.18 42.71 141.99 101.45 339.57

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.99 162.83 101.45 53.01 339.57
NSE:SURANI
55GF Score
Surani Steel Tubes Ltd NSE:SURANI
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of ₹339.6 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a Other Current Assets of ₹339.6 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Surani Steel Tubes.
Is Surani Steel Tubes' Other Current Assets too high?
Surani Steel Tubes' current Other Current Assets is ₹339.6 Mil. Overall, Surani Steel Tubes has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Other Current Assets compare to NUE and STLD?
Surani Steel Tubes' Other Current Assets of ₹339.6 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Steel company?
A good Other Current Assets depends on the Steel industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Surani Steel Tubes. Surani Steel Tubes's current Other Current Assets is ₹339.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹68.82, compared to a current price of ₹96.95 — trading 40.9% above its estimated fair value. The current Other Current Assets is ₹339.6 Mil. Surani Steel Tubes' overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Surani Steel Tubes (NSE:SURANI), the current Other Current Assets is ₹339.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹96.95 is trading 40.9% above its estimated GF Value™ of ₹68.82. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Other Current Assets: ₹339.6 Mil
  • GF Value™: ₹68.82 vs. price of ₹96.95 (40.9% above fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the NSE:SURANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
55GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹96.95
Price
₹68.82
GF Value