Scoda Tubes Limited has scheduled a plant visit for a group of investors and analysts at its registered office in Gujarat on June 19, 2026. The event aims to provide stakeholders with an on-site review of the company's operations. The company stated that no unpublished price sensitive information shall be shared during the meeting, ensuring compliance with regulatory standards.

The plant visit is scheduled to take place at the company's facility located at Survey Nos.: 2437, 2442, 2443, 2446, Ahmedabad-Mehsana highway, Village: Rajpur, Tal. Kadi, Dist. Mehsana, Gujarat. The disclosure was made pursuant to Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The schedule of the meeting is subject to change due to exigencies on the part of the investors or the company. The list of attendees includes various asset managers and family offices.

The filing was submitted by Jagrutkumar Rameshbhai Patel, Managing Director of Scoda Tubes Limited.

Scoda Tubes Limited reported a 22.4% increase in net profit to ₹38.8 crore for the financial year ended March 31, 2026, compared to ₹31.7 crore in the previous year. Revenue from operations for FY26 rose to ₹518.7 crore from ₹484.9 crore in FY25. The company’s EBITDA for the year stood at ₹76.2 crore, a marginal decline of 2.3% year-on-year, with an EBITDA margin of 14.7%. The Board of Directors approved the audited standalone financial results during a meeting held on May 26, 2026.

The statutory auditors, M/s. Dhirubhai Shah & Co LLP, issued an audit report with an unmodified opinion. The company noted a change in its depreciation method from the written down value (WDV) method to the straight line method (SLM), which reduced depreciation expenses by ₹156.66 crore for FY26. Additionally, the Board approved the cancellation of a proposed investment of EUR 7,000 in Arvind sp.z o.o. due to operational difficulties and regulatory constraints.

Full-Year Financial Performance

The following table summarises Scoda Tubes' standalone financial performance for FY26 against FY25:

Q4 Performance

For the quarter ended March 31, 2026, Scoda Tubes posted a net profit of ₹6.3 crore against ₹6.8 crore in the year-ago period, while revenue remained broadly stable at ₹123.6 crore versus ₹123.7 crore year-on-year. EBITDA for the quarter declined to ₹16.7 crore from ₹17.4 crore in the corresponding period last year, with the EBITDA margin narrowing to 13.5% from 14.1% year-on-year.

Key Developments

The company completed its Initial Public Offer (IPO) in June 2025, issuing 15,714,200 equity shares at ₹140 per share, aggregating to ₹2,200 million. Consequently, comparative figures for periods prior to the year ended March 31, 2025, are presented for the first time. The trading window for designated persons remains closed until 48 hours after the declaration of financial results.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Scoda Tubes Limited submitted the audio recording of the earnings update call held on May 28, 2026. The link to the recording is available on the company's website.

Future Outlook

Management expects a 25% revenue growth in FY27 with EBITDA margins between 14% and 15%. The seamless capacity has increased to 20,000 metric ton per annum, and a new welded facility is expected to be operational by H2 FY27. The company is installing 8.79-megawatt DC of solar capacity to offset high electricity consumption, targeting annual savings of ₹8.63 crore.