Surani Steel Tubes (NSE:SURANI) Tax Expense: ₹10.0 Mil (TTM As of Mar. 2026)

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NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
56 GF Score
Price ₹99.80
GF Value ₹70.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Tax Expense?

Surani Steel Tubes NSE:SURANI -0.70% 56 Tax Expense is ₹10.0 Mil as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 56/100 and a GF Value™ of ₹70.01 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Surani Steel Tubes's tax expense for the months ended in Mar. 2026 was ₹4.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹10.0 Mil.


Surani Steel Tubes  (NSE:SURANI) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Surani Steel Tubes Tax Expense Related Terms


Surani Steel Tubes Tax Expense Historical Data

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The historical data trend for Surani Steel Tubes's Tax Expense 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 Tax Expense Chart

Surani Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 2.96 1.04 -3.20 9.96

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
Tax Expense 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 -0.05 1.38 -4.58 5.48 4.48
NSE:SURANI
56GF Score
Surani Steel Tubes Ltd NSE:SURANI
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹10.0 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹10.0 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a Tax Expense of ₹10.0 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Surani Steel Tubes and its competitors.
Is Surani Steel Tubes' Tax Expense too high?
Surani Steel Tubes' current Tax Expense is ₹10.0 Mil. Overall, Surani Steel Tubes has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Tax Expense compare to NUE and STLD?
Surani Steel Tubes' Tax Expense of ₹10.0 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 Tax Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Surani Steel Tubes and its competitors. Surani Steel Tubes's current Tax Expense is ₹10.0 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 ₹70.01, compared to a current price of ₹99.80 — trading 42.6% above its estimated fair value. The current Tax Expense is ₹10.0 Mil. Surani Steel Tubes' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Surani Steel Tubes (NSE:SURANI), the current Tax Expense is ₹10.0 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 ₹99.80 is trading 42.6% above its estimated GF Value™ of ₹70.01. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Tax Expense: ₹10.0 Mil
  • GF Value™: ₹70.01 vs. price of ₹99.80 (42.6% above fair value)
  • GF Score™: 56/100 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.
56GF Score

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

₹99.80
Price
₹70.01
GF Value