Sambhv Steel Tubes Ltd
Incorporated in 2018, Sambhv Steel Tubes Ltd manufactures finished products, including ERW black pipes and tubes (hollow section) and Galvanized iron (GI) pipes, using intermediate products such as sponge iron, blooms/slabs, and hot rolled (HR) coil.[1]
- Market Cap ₹ 3,303 Cr.
- Current Price ₹ 112
- High / Low ₹ 149 / 96.2
- Stock P/E 49.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 13.9 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
Cons
- Debtor days have increased from 25.2 to 35.5 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 479 | 819 | 937 | 1,286 | 1,511 | |
| 415 | 695 | 820 | 1,126 | 1,357 | |
| Operating Profit | 63 | 125 | 117 | 160 | 155 |
| OPM % | 13% | 15% | 13% | 12% | 10% |
| 1 | 1 | 2 | 3 | 6 | |
| Interest | 15 | 19 | 22 | 32 | 48 |
| Depreciation | 6 | 10 | 16 | 21 | 34 |
| Profit before tax | 44 | 97 | 81 | 111 | 79 |
| Tax % | 24% | 25% | 26% | 26% | 26% |
| 33 | 72 | 60 | 82 | 58 | |
| EPS in Rs | 16.47 | 35.89 | 30.05 | 3.42 | 2.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 23% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| TTM: | -30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 241 | 241 |
| Reserves | 58 | 129 | 190 | 197 | 255 |
| 158 | 242 | 285 | 351 | 536 | |
| 34 | 68 | 57 | 151 | 403 | |
| Total Liabilities | 270 | 459 | 552 | 940 | 1,434 |
| 114 | 235 | 294 | 337 | 715 | |
| CWIP | 60 | 17 | 22 | 216 | 86 |
| Investments | 0 | 0 | 0 | 0 | 65 |
| 97 | 206 | 236 | 388 | 569 | |
| Total Assets | 270 | 459 | 552 | 940 | 1,434 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 46 | 34 | 66 | 142 | 127 | |
| -57 | -100 | -85 | -312 | -262 | |
| 6 | 66 | 19 | 177 | 132 | |
| Net Cash Flow | -5 | -0 | 0 | 7 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 6 | 7 | 13 | 27 | 36 |
| Inventory Days | 33 | 72 | 74 | 59 | 87 |
| Days Payable | 10 | 18 | 15 | 39 | 111 |
| Cash Conversion Cycle | 29 | 60 | 73 | 47 | 11 |
| Working Capital Days | 17 | 8 | 17 | -7 | -9 |
| ROCE % | 37% | 23% | 22% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
17 Oct - Acuité reaffirmed ACUITE A/A1 on Rs.562 Cr; Rs.308.31 Cr withdrawn after IPO debt prepayment.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
4 Oct - Q2 FY26 sales 98,768t vs Q2 FY25 64,489t; SS coils 11,567t; release dated Oct 4, 2025.
-
Intimation For Appointment Of Secretarial Auditor.
1 Oct - Appointment of M/s Agrawal & Agrawal as Secretarial Auditor for five-year term from Sept 29, 2025 to 2030.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
1 Oct - AGM approved re-appointment of Bhavesh Khetan; appointed Saurabh Patil (ED) and Sarbesh Kumar Das (Independent), effective 30 Aug 2025.
Concalls
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Jul 2025Transcript PPT REC
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Jul 2025TranscriptNotesPPT
Product Portfolio:[1]
SSTL is engaged in the manufacturing of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections), including ERW black pipes, pre-galvanized (GP) pipes, Cold Rolled Full Hard (CRFH) pipes, galvanized iron (GI) pipes, and steel door frames. These products are manufactured using in-house produced intermediate materials such as sponge iron, blooms/slabs, hot rolled (HR) coils, cold rolled (CR) mild steel coils, and GP coils.