Surani Steel Tubes (NSE:SURANI) Revenue : ₹1,551 Mil (TTM As of Mar. 2024)

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What is Surani Steel Tubes Revenue?

Surani Steel Tubes's revenue for the six months ended in Mar. 2024 was ₹905 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,551 Mil. Surani Steel Tubes's Revenue per Share for the six months ended in Mar. 2024 was ₹62.92. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹139.92.

Warning Sign:

Surani Steel Tubes Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Surani Steel Tubes was -8.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 11 years, Surani Steel Tubes's highest 3-Year average Revenue per Share Growth Rate was 28.00% per year. The lowest was 2.10% per year. And the median was 8.85% per year.

Surani Steel Tubes Revenue Historical Data

The historical data trend for Surani Steel Tubes's Revenue 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.

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Surani Steel Tubes Revenue Chart

Surani Steel Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Revenue

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955.38

1,043.98

1,335.51

1,236.03

1,551.35

Surani Steel Tubes Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Revenue	Get a 7-Day Free Trial											-	588.92	647.12	646.14	905.22

Competitive Comparison of Surani Steel Tubes's Revenue

For the Steel subindustry, Surani Steel Tubes's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Surani Steel Tubes's Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's Revenue distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's Revenue falls into.

Surani Steel Tubes Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹1,551 Mil.

Surani Steel Tubes (NSE:SURANI) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

Surani Steel Tubes Revenue Related Terms

Thank you for viewing the detailed overview of Surani Steel Tubes's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Surani Steel Tubes (NSE:SURANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surani Steel Tubes Ltd (NSE:SURANI) » Definitions » Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315

Website

https://www.suranisteel.com

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 Brochures. Geographically, it operates only in India.

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