Steamhouse India Ltd
Incorporated in June 2015, SteamHouse India
is an industrial gas company specialising in the generation and centralised distribution of steam and nitrogen through its pipeline network.[1]
- Market Cap ₹ 3,274 Cr.
- Current Price ₹ 118
- High / Low ₹ 118 / 91.5
- Stock P/E 70.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 25.3 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
Cons
- Company might be capitalizing the interest cost
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 68 | 184 | 316 | 292 | 395 | 492 | |
| 59 | 159 | 258 | 223 | 326 | 408 | |
| Operating Profit | 9 | 24 | 58 | 68 | 69 | 83 |
| OPM % | 14% | 13% | 18% | 23% | 18% | 17% |
| 0 | 1 | 1 | 1 | 3 | 3 | |
| Interest | 3 | 5 | 9 | 19 | 22 | 22 |
| Depreciation | 2 | 2 | 6 | 8 | 12 | 14 |
| Profit before tax | 5 | 18 | 44 | 43 | 39 | 51 |
| Tax % | 12% | 26% | 24% | 37% | 20% | 25% |
| 4 | 13 | 33 | 27 | 31 | 39 | |
| EPS in Rs | 13.37 | 43.90 | 4.45 | 1.20 | 1.38 | 1.71 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 16% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 5% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 27% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 15 | 45 | 45 | 45 |
| Reserves | 6 | 21 | 42 | 58 | 87 | 128 |
| 24 | 56 | 126 | 230 | 271 | 335 | |
| 20 | 68 | 65 | 89 | 140 | 171 | |
| Total Liabilities | 53 | 148 | 247 | 422 | 544 | 679 |
| 20 | 60 | 138 | 209 | 288 | 364 | |
| CWIP | 8 | 45 | 44 | 64 | 116 | 165 |
| Investments | 7 | 0 | 0 | 0 | 0 | 0 |
| 18 | 43 | 66 | 149 | 141 | 151 | |
| Total Assets | 53 | 148 | 247 | 422 | 544 | 679 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2 | 27 | 46 | 21 | 107 | 100 | |
| -11 | -26 | -90 | -126 | -123 | -145 | |
| 9 | -5 | 37 | 104 | 12 | 48 | |
| Net Cash Flow | -0 | -4 | -6 | -1 | -4 | 4 |
| Free Cash Flow | -8 | 5 | -36 | -79 | -33 | -39 |
| CFO/OP | 23% | 111% | 80% | 31% | 168% | 130% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 24 | 35 | 22 | 29 | 28 | 29 |
| Inventory Days | 42 | 7 | 13 | 94 | 59 | 44 |
| Days Payable | 94 | 74 | 35 | 74 | 100 | 99 |
| Cash Conversion Cycle | -28 | -32 | 1 | 49 | -13 | -26 |
| Working Capital Days | -30 | -100 | -88 | -99 | -132 | -167 |
| ROCE % | 41% | 41% | 24% | 16% | 16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of Q1 FY27 earnings call for quarter ended June 30, 2026, is now available.
-
Closure of Trading Window
- Trading window remains closed until 48 hours after Q2 FY27 results; extends beyond 7 October 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Submission of Newspaper advertisement clippings pertaining to the unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q1 FY27 PAT up 80%; won ₹311 crore Una boiler EPC order.
Business Overview:[1]
Steamhouse India Limited is an industrial-gas company focused primarily on the generation and centralized distribution of steam to the industrial customers through its community boiler and pipeline network. Instead of each customer maintaining its own boiler infra structure, the company generates steam centrally and supplies it through dedicated pipelines.
The company has also expanded into
nitrogen generation and distribution.