Scoda Tubes Ltd. (SCODATUBES) AI Stock Analysis

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Scoda Tubes Ltd.

(NSE:SCODATUBES)

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Rating:51Neutral

Price Target:INR 105.00▲(0.33% Upside)

Action:reiterated

Date:08/30/26

The score is held back primarily by persistently negative operating and free cash flow despite reported profits, which raises liquidity and funding risk. Weak technicals (below key moving averages with negative MACD) add near-term downside pressure. A moderate P/E provides some offset, but lack of dividend data and cash-flow weakness keep the overall score in the low-50s.

Positive Factors

Equity exceeds debtEquity materially exceeding debt provides a stronger capital base and some protection against financial stress. This balance can support continued operations and investment, while giving the company more flexibility than a structure dominated by borrowings.

Negative Factors

Persistent negative cash flowNegative operating and free cash flow despite reported profits indicates weak cash conversion and possible working-capital strain or heavy reinvestment. If this pattern persists, the company may depend more on external funding, reducing financial flexibility and increasing execution risk.

Scoda Tubes Ltd. (SCODATUBES) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 6.28B
Dividend Yield: ―
Average Volume (3M): 18.71K
Price to Earnings (P/E): 16.8
Beta (1Y): 1.04
Revenue Growth: ―
EPS Growth: ―
Country: India
Employees: 161
Sector: General
Sector Strength: 55
Industry: Steel

Scoda Tubes Ltd. Business Overview & Revenue Model

Company Description

Scoda Tubes Limited specializes in the manufacturing and global distribution of stainless steel pipes and tubes, catering to both the Indian domestic market and international clientele. The company offers a comprehensive range of stainless steel tubu...

Scoda Tubes Ltd. Financial Statement Overview

Summary

Reported profitability and scale improved sharply in FY2026, and equity exceeds total debt, which is supportive. However, cash conversion is a major weakness: operating cash flow and free cash flow were negative in both FY2025 and FY2026, implying funding reliance and execution risk. Revenue growth comparability is also low-quality due to a very small FY2025 base.

Income Statement

58Neutral

Balance Sheet

64Positive

Cash Flow

27Negative

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	5.46B	4.85B	5.19B	4.00B	3.05B	1.94B
Gross Profit	1.59B	765.60M	1.46B	1.04B	747.72M	262.51M
EBITDA	816.96M	780.52M	762.44M	602.36M	367.50M	103.77M
Net Income	370.10M	317.41M	388.43M	183.00M	103.36M	16.36M
Balance Sheet
Total Assets	0	4.46B	6.88B	3.30B	2.38B	1.56B
Cash, Cash Equivalents and Short-Term Investments	742.37M	439.46M	742.37M	223.99M	104.21M	7.01M
Total Debt	0	2.11B	1.87B	2.03B	1.40B	1.10B
Total Liabilities	-3.90B	2.96B	2.98B	2.67B	1.93B	1.21B
Stockholders Equity	3.90B	1.50B	3.90B	636.12M	453.11M	349.78M
Cash Flow
Free Cash Flow	-967.99M	-408.71M	-1.48B	-336.16M	-81.26M	-821.85M
Operating Cash Flow	-509.84M	-10.13M	-322.35M	22.64M	203.46M	-468.65M
Investing Cash Flow	-1.41B	-464.85M	-1.56B	-465.76M	-385.23M	-334.36M
Financing Cash Flow	1.85B	625.77M	1.78B	442.65M	179.36M	801.57M

Scoda Tubes Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price104.65

Price Trends

50DMA124.38Negative

100DMA133.28Negative

200DMA135.74Negative

Market Momentum

MACD-5.76Positive

RSI29.03Positive

STOCH19.60Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SCODATUBES, the sentiment is Negative. The current price of 104.65 is below the 20-day moving average (MA) of 116.14, below the 50-day MA of 124.38, and below the 200-day MA of 135.74, indicating a bearish trend. The MACD of -5.76 indicates Positive momentum. The RSI at 29.03 is Positive, neither overbought nor oversold. The STOCH value of 19.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SCODATUBES.

Scoda Tubes Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:SCODATUBES against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SAMBHV	77Outperform	INR 44.89B	27.19	―	―	41.91%	99.85%
IN:RATNAMANI	71Outperform	INR 162.60B	37.55	―	0.43%	-16.30%	-24.14%
IN:VENUSPIPES	71Outperform	INR 37.32B	35.91	―	0.08%	21.73%	13.47%
IN:APLAPOLLO	70Outperform	INR 600.02B	46.05	―	0.39%	15.83%	24.85%
IN:MANINDS	70Outperform	INR 54.45B	26.52	―	―	10.75%	9.71%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SCODATUBES	51Neutral	INR 6.27B	16.83	―	―	―	―

* General Sector Average

Performance Comparison

IN:SCODATUBES and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:SCODATUBES	Scoda Tubes Ltd.	104.65	-55.40	-34.61%
IN:APLAPOLLO	APL Apollo Tubes Limited	2161.00	370.34	20.68%
IN:MANINDS	Man Industries (India) Limited	725.95	326.55	81.76%
IN:RATNAMANI	Ratnamani Metals & Tubes Ltd.	2319.85	-150.56	-6.09%
IN:VENUSPIPES	Venus Pipes & Tubes Ltd.	1801.45	533.54	42.08%
IN:SAMBHV	Sambhv Steel Tubes Limited	152.35	38.25	33.52%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 30, 2026

Scoda Tubes Ltd. AI Stock Analysis