Steamhouse India
- Market cap
- ₹ 3,631 Cr.
- P/E
- 94.3x
- P/B
- 20.63x
- 52-week range
- 91.6 – 143.5
- ROE
- 25%
- ROCE
- 16%
- Dividend yield
- 0%
- Debt / equity
- 1.94
- Sector
- Chemicals & Petrochemicals
- Industry
- Industrial Gases
- Listed on
- NSE, BSE
About
Steamhouse India Limited is an India-based company. The Company specializes in the generation and centralized distribution of industrial gases, including steam and nitrogen, through a pipeline network which provides an alternative to each individual customer. Its community industrial gas generation and distribution systems provide gas to various industrial customers from a pipeline network. Its industrial gas business consists of generation and distribution of steam, purchase and distribution of steam, separation, compression and distribution of nitrogen. It generates and distributes steam through community boiler systems and pipelines. It purchases steam produced by other steam generating entities and distributes it to customers through a pipeline network. It extracts nitrogen from atmospheric air by separating it from other atmospheric gases, compresses it and supplies purified nitrogen through a pipeline network.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Gases: 8 companies →Steamhouse India 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)94.3 against a typical 65.1: pricier than most peers (1st = cheapest).6th of 8
- Size₹ 3,630.6 Cr. market value against a typical ₹ 2,120.9 Cr. (1st = largest).3rd of 7
Latest announcements
Exchange filings and their impact on the company.
- Steamhouse signed an exploratory Rs 500 crore MoU with Haryana for community boiler projects, with no immediate order or revenue.
Steamhouse India signed an MoU with Haryana Enterprises Promotion Centre on October 27, 2026 to explore industrial infrastructure opportunities involving a proposed Rs 500 crore investment in Haryana, including community boiler systems for industrial clusters like Panipat and Sonipat. The company said the MoU only provides a framework for cooperation and government facilitation. Any project will depend on feasibility studies, industrial demand and regulatory approvals, so there is no committed order or facility yet.
- 10 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice −3.2% on 12 OctRecord Q1 volumes and 24% margins confirm operating leverage with capacity set to double to 705 TPH.
Steamhouse India held its maiden Q1 FY27 earnings call reporting steam sales of 305,816 tons up 16.7%, revenue of Rs 128.62 crore up 13.35%, EBITDA of Rs 30.93 crore up 60% at 24.05% margin, and PAT of Rs 18.34 crore up 80%. Management said 70% of 345 TPH capacity is tied up, utilization rose to 41.4%, EBITDA per ton of Rs 1,011 is sustainable, and it targets 60-65% utilization with 20-25% volume growth. It plans to expand to 705 TPH with Rs 60 crore to finish four projects this year and Rs 170 crore more over 15-18 months, plus a Rs 311 crore asset-light EPC community boiler project at Una in Himachal Pradesh and a new nitrogen business.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]BBB+ | Stable | 28 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 Sep 2026 | ▲ Upgrade | [ICRA]BBB+ | — | ICRA | ₹ 284.4 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 |
| 5 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 113 | 138 | 129 |
| Expenses | 94 | 112 | 98 |
| Operating Profit | 19 | 26 | 31 |
| OPM % | 17% | 19% | 24% |
| Other Income | 1 | 1 | 2 |
| Interest | 5 | 5 | 7 |
| Depreciation | 3 | 4 | 4 |
| Profit before tax | 12 | 18 | 22 |
| Tax % | 16% | 21% | 16% |
| Net Profit | 10 | 14 | 18 |
| EPS in Rs | 0.45 | 0.62 | 0.79 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 49%
- 3 Years
- 16%
- TTM
- 24%
- 10 Years
- —
- 5 Years
- 57%
- 3 Years
- 5%
- TTM
- 31%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 27%
- 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.
| Steamhouse India | ₹ 145.00 | ₹ 3,631 Cr. | 94.3x | 20.6x | 25% | — |
| Swiggy | ₹ 176.70 | ₹ 48,775 Cr. | — | 3.9x | — | −15.1% |
| Delhivery | ₹ 370.00 | ₹ 27,724 Cr. | 212.3x | 3.3x | — | 0.8% |
| Urban Company | ₹ 132.65 | ₹ 20,457 Cr. | — | 11.2x | — | −19.5% |
| Sagility | ₹ 44.10 | ₹ 20,645 Cr. | 22.1x | 2.2x | — | 13% |
| Indegene | ₹ 570.00 | ₹ 13,763 Cr. | 33.1x | 4.4x | — | 10.5% |
Management
- Vaibhav Gattani
- Chief Financial Officer
- Shyam Bhadresh Kapadia
- Company Secretary
- Vishal Sanwarpras Budhia
- Managing Director (Promoter)
Prices are delayed and for information only. Nothing on this page is investment advice.