Sambhv Steel Tubes Posts Rs 338.7 Million Profit in Q1; Revenue Rises to Rs 5.59 Billion

Sambhv Steel Tubes Ltd has reported a consolidated net profit of Rs 338.7 million for the June quarter of FY26, supported by strong operational momentum and product diversification.

Key Highlights

- Revenue from operations stood at Rs 5.59 billion, reflecting robust demand across pre-galvanised coils, stainless steel tubes, and intermediate products.

- Sales volume surged 50 percent year-on-year to 92,706 tonnes, with sponge iron and HR coils contributing significantly.

- Operating profit rose 27 percent to Rs 480 million, although margins contracted slightly due to input cost pressures.

Strategic Developments

- The company continues to expand its high-value product portfolio, focusing on GP coils and stainless steel offerings.

- Structural pipe sales dipped marginally, offset by gains in export orders and domestic infrastructure demand.

- Sambhv is investing in automation and modular fabrication to enhance throughput and reduce turnaround time.

Market Performance

- Shares rose over 7 percent post-results, with investor sentiment buoyed by consistent earnings and volume growth.

- The company remains optimistic about sustaining momentum amid rising construction and industrial activity.

Sources: Economic Times, Business Standard, Upstox, Sambhv Steel Investor Filings.