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 ₹ 3,244 Cr.
- Current Price ₹ 110
- High / Low ₹ 149 / 96.2
- Stock P/E 35.4
- Book Value ₹ 33.2
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.32 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 937 | 1,286 | 1,511 | 2,003 | |
| 820 | 1,126 | 1,357 | 1,784 | |
| Operating Profit | 117 | 160 | 154 | 219 |
| OPM % | 13% | 12% | 10% | 11% |
| 2 | 4 | 5 | 5 | |
| Interest | 22 | 32 | 47 | 54 |
| Depreciation | 16 | 21 | 34 | 46 |
| Profit before tax | 81 | 111 | 78 | 124 |
| Tax % | 26% | 26% | 27% | |
| 60 | 82 | 57 | 92 | |
| EPS in Rs | 30.05 | 3.42 | 2.38 | 3.32 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 18% |
| Compounded Profit Growth | |
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| TTM: | -31% |
| Stock Price CAGR | |
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Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Sep 2025 | |
|---|---|---|
| Equity Capital | 241 | 295 |
| Reserves | 254 | 683 |
| 507 | 190 | |
| 403 | 354 | |
| Total Liabilities | 1,405 | 1,521 |
| 750 | 731 | |
| CWIP | 86 | 114 |
| Investments | 0 | 0 |
| 569 | 676 | |
| Total Assets | 1,405 | 1,521 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 126 | |||
| -233 | |||
| 105 | |||
| Net Cash Flow | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 36 | ||
| Inventory Days | 87 | ||
| Days Payable | 111 | ||
| Cash Conversion Cycle | 11 | ||
| Working Capital Days | -9 | ||
| ROCE % |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23h - Posted audio recording of Nov 10, 2025 investor conference call discussing Q2 FY26 unaudited results.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
23h - Monitoring Agency Report (Sep 30, 2025): IPO Rs.440 crore; Rs.436.37 crore utilized, Rs.3.63 crore unutilized.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Copies of Newspaper Publication pertaining to Financial Result of the Company for quarter and half year ended September 30 , 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Disclosure under Regulation 30 read with Schedule III of SEBI (LODR), 2015- Investors Presentation
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
8 Nov - Approved INR 1,800m cold-rolling and INR 7,550m greenfield steel expansion; completion by Q4 FY2027.
Concalls
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Nov 2025TranscriptNotesPPT
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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.