Sambhv Steel Tubes has reported significant growth in its production volumes for the second quarter of fiscal year 2026, demonstrating strong performance across its product categories.

Production Highlights

The company's total production reached 98,768.00 tons in Q2 FY26, marking a 6.50% increase from 92,706.00 tons in Q1 FY26 and an impressive 53.00% jump from 64,489.00 tons in Q2 FY25. This substantial year-over-year growth underscores the company's expanding production capabilities and market demand for its products.

Value-Added Products Show Strong Performance

Sambhv Steel Tubes' focus on value-added products has yielded positive results, with production in this category reaching 89,562.00 tons in Q2 FY26, up from 79,717.00 tons in Q1 FY26. The breakdown of value-added products is as follows:

Quarterly Comparison

The company's performance shows consistent growth when compared to both the previous quarter and the same quarter last year:

Product Portfolio Expansion

Sambhv Steel Tubes has demonstrated significant growth in its stainless steel segment, with production increasing from just 2.00 tons in Q2 FY25 to 11,567.00 tons in Q2 FY26. This exponential growth highlights the company's successful expansion into the high-value stainless steel market.

Company Overview

Sambhv Steel Tubes is a leading manufacturer of electric resistance welded (ERW) steel pipes and structural tubes in India. The company operates two manufacturing facilities located in Chhattisgarh, with a combined installed capacity of 350,000.00 MTPA for ERW pipes and tubes, 100,000.00 MTPA for pre-galvanized pipes, and 58,000.00 MTPA for stainless steel coils.

The company's robust distribution network, comprising 43 distributors across 15 states and one union territory, along with over 700 dealers, positions it well to capitalize on the growing demand for its products in the Indian market.

Sambhv Steel Tubes Limited , a leading manufacturer of structural pipes, tubes, and value-added products, has reported exceptional financial results for the first quarter of fiscal year 2026, marking its highest-ever quarterly performance.

Strong Financial Performance

The company's revenue from operations soared by 69% year-on-year to INR 559.00 crores in Q1 FY26, showcasing robust growth across its product segments. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) witnessed a significant increase of 58% YoY, reaching INR 73.00 crores, with margins holding strong at 13.00%. The company's Profit After Tax (PAT) grew by 35% YoY to INR 33.00 crores, demonstrating improved profitability.

Record-Breaking Sales Volume

Sambhv Steel Tubes achieved its highest-ever quarterly sales volume, registering a remarkable 50% year-on-year growth. The company's EBITDA per ton stood at an impressive INR 7,800.00, reflecting operational efficiency and strong market demand for its products.

Product Segment Performance

The company reported strong performance across its diverse product portfolio:

Successful IPO and Expansion Plans

Sambhv Steel Tubes successfully raised INR 440.00 crores through its Initial Public Offering (IPO) in July 2025, marking its debut on the stock exchanges. The funds raised are being utilized for debt repayment, meeting working capital needs, and supporting the company's ambitious expansion plans.

Capacity Expansion Initiatives

The company has received consent to enhance its GP coils and stainless steel coils capacity from 58,000 to 116,000 metric tons per annum each. This expansion is expected to be operational by the end of FY26, further strengthening Sambhv's market position.

Additionally, a major Greenfield project is underway at Kesda, with a planned capacity addition of 1.2 million tons of finished products across three phases. The first phase, expected to be commissioned by the end of FY27, will add 180,000 tons each of ERW pipes and stainless steel production capacity.

Management Commentary

Vikas Kumar Goyal, Managing Director and CEO of Sambhv Steel Tubes Limited, commented on the results, stating, "We are delighted to report our highest-ever quarterly performance, which reflects the strong demand for our products and our ability to capitalize on market opportunities. Our strategic investments in capacity expansion and product diversification are yielding positive results, and we remain committed to delivering sustainable growth and value to our stakeholders."

Outlook

With a robust order book, ongoing capacity expansions, and a focus on value-added products, Sambhv Steel Tubes is well-positioned to capitalize on the growing demand in the Indian steel and pipe industry. The company aims to maintain its EBITDA margins at around 13.00% in the coming quarters, despite seasonal fluctuations and market dynamics.

As Sambhv Steel Tubes continues to strengthen its market presence and expand its production capabilities, it is poised for sustained growth in the evolving Indian infrastructure and construction sectors.