Sambhv Steel Tubes Hits Record Q1FY27 Value-Added Sales; GP Coils +49% YoY
Sambhv Steel Tubes achieved its highest-ever Q1FY27 Value Added Products sales volume of 1,01,191 tonnes, with GP Coils & Pipes rising 49% YoY and Stainless Steel Coils up 56% YoY. Total sales volume reached 1,07,771 tonnes versus 92,706 tonnes in Q1FY26, while Intermediate Products declined to 6,580 tonnes from 12,989 tonnes.

*this image is generated using AI for illustrative purposes only.
Sambhv Steel Tubes Limited achieved its highest-ever sales volume in Q1FY27 for Value Added Products, driven by strong contributions from Pre-Galvanised (GP) Coils & Pipes and Stainless Steel Coils. GP Coils and Pipes jumped 49% year-on-year while Stainless Steel Coils rose 56% YoY, underscoring the company's successful scaling of its high-value product portfolio. Overall volume remained stable despite global disruptions arising from ongoing war, which adversely impacted the broader industry.
The company reported a total sales volume of 1,07,771 tonnes for Q1FY27, compared to 92,706 tonnes in the corresponding period of the previous year. Value Added Products accounted for 1,01,191 tonnes in Q1FY27, up from 79,717 tonnes in Q1FY26. Intermediate Products volume stood at 6,580 tonnes for the quarter, a decrease from 12,989 tonnes in Q1FY26.
Segment-wise Performance
The growth in Value Added Products was led by Pre-Galvanised (GP) Coils and Pipes, which recorded a volume of 29,814 tonnes in Q1FY27, significantly higher than 19,984 tonnes in Q1FY26, representing a 49% YoY increase. The Stainless Steel Coils segment also posted robust growth, reaching 14,760 tonnes in Q1FY27 compared to 9,439 tonnes in the prior year quarter, a rise of 56% YoY. Structural Pipes and Tubes volume increased to 56,617 tonnes from 50,294 tonnes in the same period last year.
Historical Comparison
When compared to the preceding quarter Q4FY26, the total sales volume remained relatively stable at 1,07,785 tonnes. The Value Added Products volume in Q4FY26 was 95,797 tonnes. For the full fiscal year FY26, the company recorded a total sales volume of 3,96,731 tonnes, with Value Added Products contributing 3,55,688 tonnes and Intermediate Products contributing 41,043 tonnes.
The table below presents a detailed breakdown of sales volumes across product categories and periods:
| Product Category (Ton) | Q1 FY27 | Q1 FY26 | Q4 FY26 | FY26 | FY25 |
|---|---|---|---|---|---|
| Value Added Products | |||||
| Structural Pipes and Tubes | 56,617 | 50,294 | 58,755 | 2,24,099 | 2,12,623 |
| Pre-Galvanised (GP) Coils and Pipes | 29,814 | 19,984 | 22,857 | 83,027 | 12,648 |
| Stainless Steel Coils | 14,760 | 9,439 | 14,185 | 48,562 | 9,745 |
| Sub-Total | 1,01,191 | 79,717 | 95,797 | 3,55,688 | 2,35,016 |
| Intermediate Products | |||||
| Intermediate Products | 6,580 | 12,989 | 11,988 | 41,043 | 55,565 |
| Sub-Total | 6,580 | 12,989 | 11,988 | 41,043 | 55,565 |
| Grand Total | 1,07,771 | 92,706 | 1,07,785 | 3,96,731 | 2,90,581 |
Note: Structural Pipes and Tubes includes ERW black pipes & tubes, GI pipes and CRFH Pipes. Intermediate Products include Sponge Iron, Blooms/Slabs and HR Coils.
Historical Stock Returns for Sambhv Steel Tubes
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.07% | +6.59% | +11.94% | +36.52% | +3.95% | +25.23% |
Can the company sustain the 49% and 56% growth rates in GP Coils/Pipes and Stainless Steel Coils throughout the remainder of FY27?
How will the continued reduction in Intermediate Products volume impact the company's cost structure and input price volatility?
What capital expenditure or capacity expansion plans are in place to support the growing demand for Value Added Products?































