Sambhv Steel Tubes has reported a remarkable financial performance for the second quarter of fiscal year 2026, showcasing substantial growth across key metrics.

Financial Highlights

The company's unaudited standalone financial results for Q2 FY26 reveal:

Strong Revenue Growth

Sambhv Steel Tubes reported a robust revenue growth of 83.4% year-over-year, with total income reaching ₹5,812.43 crore in Q2 FY26, compared to ₹3,176.40 crore in the same quarter last year. This significant increase in revenue underscores the company's strong market position and growing demand for its products.

Profitability Surge

The company's profitability witnessed a remarkable improvement:

• Net profit soared by 445.5% to ₹300 crore, up from ₹55 crore in Q2 FY25.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) more than doubled to ₹602.5 crore, representing a 168.3% increase from the previous year.
• EBITDA margin expanded significantly to 10.39%, a 329 basis points improvement from 7.1% in Q2 FY25.

Operational Efficiency

The substantial increase in profitability indicates improved operational efficiency and effective cost management. Despite a 74.8% rise in total expenses to ₹5,409.81 crore, the company managed to significantly boost its bottom line.

Half-Yearly Performance

For the half-year ended September 30, 2025:

• Total income stood at ₹11,406.45 crore, a 75.8% increase from ₹6,489.84 crore in H1 FY25.
• Net profit for H1 FY26 reached ₹633.64 crore, more than doubling from ₹302.46 crore in the same period last year.

Balance Sheet Strength

As of September 30, 2025, Sambhv Steel Tubes reported:

• Total assets of ₹15,492.36 crore, up from ₹14,344.96 crore as of March 31, 2025.
• A strong equity position with total equity increasing to ₹9,772.28 crore from ₹4,960.46 crore at the end of the previous fiscal year.

Future Outlook

The Board of Directors has approved capacity expansion plans, including:

1. Setting up a Cold Rolling Mill (Stainless Steel) at Unit II in Kuthrel, Raipur, to increase capacity from 58,000 MT to 178,000 MT per annum.
2. A Greenfield Integrated Steel Manufacturing Project in Village Kesda, Tehsil Simga, which will significantly boost the company's production capabilities.

These expansions are expected to be completed by Q4 FY27 and will be financed through a combination of internal accruals and debt.

Sambhv Steel Tubes' impressive Q2 results and strategic expansion plans position the company for continued growth in the Indian steel market. The significant improvements across all financial metrics reflect the company's strong operational performance and its ability to capitalize on market opportunities.

Sambhv Steel Tubes has announced impressive sales volume growth for the second quarter of fiscal year 2026, showcasing strong performance across its product categories.

Overall Sales Performance

The company reported total sales volumes of 98,768.00 tons in Q2 FY26, marking a significant increase from both the previous quarter and the same quarter last year. This represents growth from 92,706.00 tons in Q1 FY26 and a substantial year-over-year increase from 64,489.00 tons in Q2 FY25.

Product-wise Breakdown

Sambhv Steel Tubes saw growth across various product categories:

The company's value-added products reached 89,562.00 tons, up from 79,717.00 tons in the previous quarter, indicating a strong focus on high-margin offerings.

Key Growth Drivers

The growth was primarily driven by:

1. Structural Pipes and Tubes: Leading the sales with 57,788.00 tons
2. Pre-galvanised Coils and Pipes: Adding 20,207.00 tons to the total sales
3. Stainless Steel Coils: Contributing 11,567.00 tons to the overall sales volume

The company's intermediate products also showed a notable contribution, totaling 9,206.00 tons for the quarter.

This comprehensive growth across product lines suggests a robust demand for Sambhv Steel Tubes' offerings and effective execution of its production and sales strategies.