Steel Pipes and Tubes Industry — Sector Outlook & Stocks

The Steel Pipes and Tubes industry on FinBizNet covers 24 listed companies, with broker-view summaries, sub-industry segmentation, latest quarterly results and peer comparisons for each constituent.

Steel Pipes and Tubes industry at a glance

Listed companies24
Combined market cap₹2,23,903 Cr
Median P/E (profitable companies)30.8
Median return on equity9.7%
Companies with latest quarterly results15 of 24

Companies in the Steel Pipes and Tubes industry

CompanyMarket CapP/EROEQuarterly RevenueQuarterly Net ProfitQuarter
Welspun Corp Ltd₹61,170 Cr37.918.9%₹4,644 Cr₹495 CrQ2 FY27
APL Apollo Tubes Ltd.₹59,644 Cr49.625.3%₹7,002 Cr₹382 CrQ2 FY27
Tube Investments Of India Ltd₹42,179 Cr66.410.2%₹7,330 Cr₹421 CrQ2 FY27
Ratnamani Metals & Tubes Ltd₹16,990 Cr35.213.6%₹1,348 Cr₹133 CrQ2 FY27
Jindal Saw Ltd.₹15,511 Cr16.08.0%₹4,472 Cr₹35 CrQ2 FY27
Man Industries (India) Ltd.₹5,438 Cr31.29.2%₹1,053 Cr₹61 CrQ1 FY27
Goodluck India Ltd₹5,103 Cr28.212.7%₹1,363 Cr₹51 CrQ2 FY27
Sambhv Steel & Tubes Ltd₹4,862 Cr32.718.4%₹836 Cr₹61 CrQ2 FY27
Electrosteel Castings Ltd.₹4,104 Cr25.42.8%₹1,426 Cr₹48 CrQ1 FY27
Jtl Infra Ltd.₹2,993 Cr30.47.5%₹614 Cr₹29 CrQ2 FY27
Hi-Tech Pipes Limited (Hitech)₹1,475 Cr19.45.9%₹1,466 Cr₹27 CrQ2 FY27
Gandhi Special Tubes Ltd.₹1,079 Cr15.823.5%₹58 Cr₹20 CrQ2 FY27
Anawil Wire & Engineering Ltd₹1,005 Cr21.4————
Jindal Supreme (India) Ltd₹820 Cr28.8————
German Green Steel & Power₹764 Cr6.8—₹366 Cr₹17 CrQ2 FY27
Remi Edelstahl Tubulars Ltd₹252 Cr92.24.8%———
Surani Steel Tubes Ltd₹232 Cr113.63.3%———
Anand Seamless Ltd₹84 Cr11.0————
Prakash Steelage Limited₹58 Cr69.29.0%₹17 Cr₹0 CrQ1 FY27
Rajasthan Tube Manufacturing Co.Ltd.₹45 Cr36.713.2%———
Swastik Pipe Limited₹38 Cr—-32.4%———
Umiya Tubes Ltd₹29 Cr16.514.2%———
Tamilnadu Steel Tubes Ltd.₹15 Cr263.60.6%———
Niraj Ispat Industries Limited₹13 Cr—10.7%₹1 Cr₹0 CrQ1 FY27

Market data from the FinBizNet stock universe; quarterly figures in ₹ crore, parsed from each company's exchange filing (XBRL).

Frequently Asked Questions

Which stocks are in the Steel Pipes and Tubes industry?

FinBizNet tracks 24 listed companies in the Steel Pipes and Tubes industry, including Welspun Corp Ltd, APL Apollo Tubes Ltd., Tube Investments Of India Ltd, Ratnamani Metals & Tubes Ltd, Jindal Saw Ltd., Man Industries (India) Ltd., Goodluck India Ltd, Sambhv Steel & Tubes Ltd, among others.

What are the largest Steel Pipes and Tubes companies by market capitalisation?

By market capitalisation, the largest Steel Pipes and Tubes companies are Welspun Corp Ltd (₹61,170 Cr), APL Apollo Tubes Ltd. (₹59,644 Cr), Tube Investments Of India Ltd (₹42,179 Cr), Ratnamani Metals & Tubes Ltd (₹16,990 Cr), Jindal Saw Ltd. (₹15,511 Cr).

What is the combined market capitalisation of the Steel Pipes and Tubes industry?

The 24 Steel Pipes and Tubes companies tracked on FinBizNet have a combined market capitalisation of about ₹2,23,903 Cr.

What is the median P/E ratio in the Steel Pipes and Tubes industry?

The median price-to-earnings ratio across 22 profitable Steel Pipes and Tubes companies is 30.8, and the median return on equity across the industry is 9.7%. Medians are shown for context only.

What does FinBizNet cover for the Steel Pipes and Tubes industry?

FinBizNet aggregates broker research, sub-industry breakdowns, quarterly results and peer-stock comparisons across the Steel Pipes and Tubes industry.