Sambhv Steel Tubes
- Market cap
- ₹ 4,616 Cr.
- P/E
- 27.7x
- P/B
- 4.48x
- 52-week range
- 81.42 – 175.5
- ROE
- 18%
- ROCE
- 19%
- Dividend yield
- 0%
- Debt / equity
- 0.35
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Sambhv Steel Tubes Limited is an India-based manufacturer of electric resistance welded (ERW) steel pipes and structural tubes (hollow section). The Company is principally engaged in the manufacturing of steel products like Sponge Iron, Blooms / Slabs, HR Coil, ERW black pipes and tubes, Captive power generation and a diverse range of steel products. Its products include Sponge iron, Blooms / Slabs (Mild steel and stainless steel), Narrow-width HR coil (mild steel and stainless steel), ERW black pipes and tubes, GI pipes, Steel door frames, CR coils (mild steel), GP coils, Stainless Steel HRAP coils, Stainless Steel CR coils, CRFH pipes, and GP pipes. The Company has a network of approximately 37 distributors with two distributors distributing through six branches in 15 states and one union territory, taking the total distributor network to over 43 in India. It has one operational manufacturing facility at Sarora (Tilda), Raipur, Chhattisgarh.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Sambhv Steel Tubes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)27.7 against a typical 18.6: pricier than most peers (1st = cheapest).94th of 146
- Sales growth+30.9% against a typical +13.1% from a year earlier.30th of 117
- Profit growth+72.7% against a typical +26.2% from a year earlier.30th of 105
- Share price, 3 months+45.3% against a typical −3.1%.12th of 135
- Size₹ 4,616 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).13th of 135
Latest announcements
Exchange filings and their impact on the company.
- Allotted 86.95 lakh warrants at Rs 115 to raise up to Rs 100cr, with Rs 25cr received now.
Sambhv Steel Tubes allotted 86,95,400 fully convertible warrants at Rs 115 each on a preferential basis on October 17, 2026, mainly to promoter group Anjaneya Minerals and promoters plus four non-promoters. The company received 25% upfront, Rs 25.0 crore, with the balance Rs 86.25 per warrant payable on conversion into one equity share within 18 months, for total proceeds up to Rs 100 crore. Paid-up capital is unchanged now; full conversion would add ~2.9% to share capital and strengthen the balance sheet.
- Sambhv appointed CARE to monitor Rs 100 cr warrant proceeds, adding growth capital with limited dilution.
Sambhv Steel Tubes appointed CARE Ratings on October 6, 2026 as monitoring agency for its preferential issue of warrants approved on August 10, 2026. The issue proceeds are Rs 99.99 crore. The monitoring ensures the funds are used as disclosed, strengthening the balance sheet to support expansion with modest dilution.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ to A by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 27 Oct 2026 |
| Acuite | Withdrawn | - | 22 Oct 2026 |
| CARE | CARE A | Stable | 29 Sep 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Oct 2026 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 1,327 Cr. | |
| 22 Oct 2026 | Withdrawn | was ACUITE A+ | — | Acuite | ₹ 562 Cr. | |
| 8 Oct 2026 | ▲ Upgrade1 notch | ACUITE A → ACUITE A+ | Low | Acuite | ₹ 562 Cr. | |
| 17 Aug 2026 | Rating action | Crisil A+ | — | CRISIL | ₹ 162 Cr. | |
| 15 Oct 2025 | Rating action | ACUITE A | — | Acuite | ₹ 870.31 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 17 Oct 2026 | Warrants | Allotted | ₹ 100 Cr. | ₹ 115 | +44.74% | |
| 6 Oct 2026 | Warrants | Allotted | ₹ 100 Cr. | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 3 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 Jul 2026 | Fund Raising | Board Meeting scheduled on July 15, 2026, to consider and approve the proposal for raising of funds |
| 9 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 31 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 8 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 24 Jul 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 358 | 331 | 316 | 369 | 495 | 559 | 580 | 589 | 685 | 732 |
| Expenses | 321 | 285 | 294 | 331 | 447 | 486 | 520 | 538 | 593 | 637 |
| Operating Profit | 37 | 46 | 22 | 38 | 48 | 73 | 60 | 51 | 92 | 95 |
| OPM % | 10% | 14% | 7% | 10% | 10% | 13% | 10% | 9% | 13% | 13% |
| Other Income | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 4 | 5 |
| Interest | 11 | 8 | 9 | 14 | 17 | 16 | 9 | 8 | 10 | 11 |
| Depreciation | 5 | 6 | 6 | 10 | 12 | 12 | 12 | 12 | 12 | 13 |
| Profit before tax | 23 | 33 | 8 | 16 | 22 | 45 | 40 | 32 | 74 | 77 |
| Tax % | 27% | 24% | 32% | 28% | 26% | 26% | 26% | 25% | 25% | 26% |
| Net Profit | 17 | 25 | 5 | 11 | 16 | 33 | 30 | 24 | 56 | 57 |
| EPS in Rs | 0.71 | 1.03 | 0.23 | 0.47 | 0.68 | 1.13 | 1.02 | 0.82 | 1.89 | 1.92 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 38%
- 3 Years
- 37%
- TTM
- 49%
- 10 Years
- —
- 5 Years
- 34%
- 3 Years
- 33%
- TTM
- 150%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 18%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Sambhv Steel Tubes | ₹ 166.45 | ₹ 4,616 Cr. | 27.7x | 4.5x | 18% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Vikas Kumar Goyal
- Chief Executive Officer, Managing Director (Promoter)
- Anu Garg
- Chief Financial Officer
- Bhavesh Khetan
- Chief Operating Officer, Executive Director
- Niraj Shrivastava
- Company Secretary, Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.