Shree Marutinandan Tubes IPO Peer Comparison
Shree Marutinandan Tubes Limited peer comparison with similar listed entities. (As on March 31, 2023)
| Company Name | EPS (Basic) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|
| Shree Marutinandan Tubes Limited | 8.20 | 130.60 | 17.44 | 75.36 | 1.09 | Standalone |
| Swastik Tubes Limited | 4.53 | 89.67 | 17.51 | 4.40 | | Standalone |
| Hi Tech Pipes Limited | 2.35 | 28.09 | 33.98 | 7.87 | | Standalone |
| APL Apollo Tubes Limited | 18.47 | 13.25 | 65.26 | 19.91 | | Standalone |
Notes:
- Based on the March 31st, 2023 restated financial statements.
- Annual Report of Peer Group Companies available on Stock Exchange.
- Basic & diluted Earnings per share (EPS) is calculated in the weighted average number of shares after considering Bonus Issue of Shares.
- Price Earing (P/E) Ratio in relation to the offer Price of ₹143.00 per share for the Issue Company and for Peer Companies Price on 31st March 2023.
- The face value of Equity Shares of our Company is ₹10 per Equity Share and the Issue price is 14.30 times the face value of equity share.
- The Issue Price of ₹143.00 is determined by our Company in consultation with the Lead Manager and is justified based on the above accounting ratios.
