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 ₹ 3,686 Cr.
- Current Price ₹ 125
- High / Low ₹ 135 / 96.2
- Stock P/E 63.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 13.9 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 44.8 days to 33.2 days
Cons
- Promoter holding has decreased over last quarter: -15.7%
- 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 | 48 | 55 | 61 | 40 | 33 |
| ROCE % | 37% | 23% | 22% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23h - Copies of Newspaper Publication pertaning to financial Result of the company for the quarter and year ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Q1 FY26 sales volume up to 92,706 tons; strong growth in Pre-Galvanised and Stainless Steel products.
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Audited Standalone And Consolidated Financial Result Quarter And Year Ended 31St March 2025
2d - Approved audited standalone and consolidated financial results for year ended March 31, 2025 with clean audit opinions.
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Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 (Disclosure Of Event And Information) - SEBI (LODR) Regulations, 2015
2d - Audited standalone and consolidated financial results for FY ended March 31, 2025 approved and published.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting-Monday, July 14, 2025
9 Jul - Board meeting on July 14, 2025, to consider audited financial results for FY2025.
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.