Sambhv Steel Tubes Delivers Record Q1FY26 Performance with 69% Revenue Surge; PAT Up 103% QoQ

Raipur, July 25, 2025 – Sambhv Steel Tubes Limited (NSE: SAMBHV | BSE: 544430) has reported its best-ever quarterly performance for the first quarter of FY26, registering sharp gains across revenue, profitability, and volumes, driven by robust demand and increased capacity utilisation across segments.

Q1FY26 Financial Performance at a Glance

• The company reported strong year-over-year growth in Q1 FY26. Its revenue from operations rose to ₹5,586 million, up 69% from ₹3,308 million in Q1FY25.
• On a quarter-on-quarter basis, revenue increased by 13%, compared to ₹4,953 million in Q4FY25.
• EBITDA stood at ₹727 million in Q1FY26, reflecting a 58% rise over the ₹460 million reported in the same quarter last year.
• Sequentially, EBITDA jumped 51% from ₹482 million in the previous quarter.
• The EBITDA margin was at 13.02%, slightly below the 13.89% recorded in Q1FY25, but higher than 9.73% in Q4FY25.
• Profit After Tax (PAT) came in at ₹334 million, marking a 35% increase year-on-year and a sharp 103% rise compared to the previous quarter’s ₹165 million.
• PAT margin for the quarter was 5.98%, compared to 7.48% a year ago and 3.32% in the previous quarter.
• Earnings per share (EPS) grew to ₹1.39 in Q1FY26, from ₹1.03 in Q1FY25 and ₹0.68 in Q4FY25, showing YoY growth of 35% and QoQ growth of 104%.

What Did The Management Say?

“We have achieved our highest-ever quarterly total sales volumes, revenue, EBITDA, and PAT,” stated Mr. Suresh Goyal, Chairman & Executive Director. “Our integrated business model, value-added product focus, and geographic expansion continue to position us strongly for sustained growth,” he added.

Operational Highlights

• The company produced a total of 3,06,476 metric tonnes across all product segments during the reported period.
• The total sales volume was 92,706 metric tonnes.
• In the Structural Pipes & Tubes segment, production reached 51,223 MTPA, with 50,294 MTPA sold.
• The Stainless Steel segment recorded a production of 32,606 MTPA. Its sales volume was significantly lower at 9,439 MTPA.
• For Pre-Galvanised Coils & Pipes, production stood at 36,013 MTPA, with 12,989 MTPA sold.
• The company also produced 1,86,634 MTPA of Intermediate Products, but only 19,984 MTPA were sold.

Strategic Developments

• Environmental Clearance (EC) process for the upcoming Kesda facility progressed, with a public hearing successfully conducted
• Capacity enhancement approvals were received for doubling stainless steel CR coils and GP coils capacity from 58,000 MTPA to 116,000 MTPA
• Value-added products such as CRFH Pipes, SS CR Coils, and Galvanised Coils & Pipes are gaining traction, contributing to higher margins

Outlook

The company plans to commission its Greenfield facility in Kesda by FY27 under Sambhv Tubes Pvt. Ltd., targeting 1.2 MTPA of finished capacity in phases. Additionally, Sambhv aims to expand its distribution network across southern and coastal states, including Kerala, Tamil Nadu, Andhra Pradesh, and Goa, while entering export markets for ERW pipes and tubes.

Sambhv Steel Tubes Stock Performance

As of 10:37 AM IST, Sambhv Steel Tubes shares are trading at ₹142.34, which is a 3.60% gain on July 25, 2025. Sambhv Steel Tubes shares have gained 45% in the past year and 10.6% in the last 5 days.

The stock opened at ₹141.00 today. It touched a high of ₹146.45 and a low of ₹137.12 during the session. The company’s market capitalisation stands at ₹4,180 crore. The Price-to-Earnings (P/E) ratio is 73.03. The stock’s 52-week high is ₹149.40, while the 52-week low is ₹96.25.

About Sambhv Steel Tubes

Sambhv Steel Tubes Ltd is a listed, backwards-integrated manufacturer of structural steel pipes, tubes, and stainless steel coils headquartered in Raipur, Chhattisgarh. With an installed capacity of approximately 1.7 MTPA across various product categories, Sambhv serves a broad spectrum of industries, including infrastructure, water supply, irrigation, and telecommunications. The company was successfully listed on NSE and BSE in FY25, raising ₹440 crore through its IPO.

REF:https://nsearchives.nseindia.com/corporate/SAMBHAV2024_24072025193339_Filed_Investor_Presentation.pdf

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