Vibhor Steel Tubes Limited has reported strong financial performance for the third quarter ended December 31, 2025, with EBITDA growing 16% to Rs 11.39 crore compared to Rs 9.81 crore in the same period last year. The company's total revenue increased by 23% to Rs 303.99 crore during the quarter under review, compared with Rs 247.43 crore in the previous year.

Q3FY26 Financial Performance

The company demonstrated robust operational performance across key financial metrics during the third quarter:

Nine Months Performance and Operations

For the nine months ended December 31, 2025, the company reported net profit of Rs 6.22 crore while operating income grew by 15% to Rs 814.22 crore. The strong performance was driven by robust demand from infrastructure and real estate sectors, supported by the government's sustained emphasis on infrastructure and manufacturing.

New Facility Operations and Product Portfolio

Vibhor Steel Tubes recently commenced supply from its greenfield plant located at Sundargarh in Odisha, which started commercial production in June 2025. The facility represents a total investment of Rs 119.83 crore with a capacity of 156,000 MTPA.

The company manufactures steel products including electric resistance welded pipes, hot-dipped galvanized pipes, hollow section pipes, primer painted pipes, metal beam barriers, transmission towers, high mast lighting poles, octagonal poles and monopoles. Over 80% of total turnover comes from its contract manufacturing agreement with Jindal Pipes under the brand name Jindal Star.

Management Commentary and Market Position

Commenting on the performance, Vijay Kaushik, Chairman and Executive Director, stated that the healthy growth in turnover was backed by robust demand for steel from infrastructure and real estate sectors. He emphasized the company's ability to garner a sizeable share of demand for value-added steel with the new capacity now onstream.

Manufacturing Operations and Market Reach

The company operates three manufacturing units across Maharashtra, Telangana, and Odisha with a total capacity of 377,000 MTPA. The facilities supply products to western and southern markets including Maharashtra, Gujarat, Madhya Pradesh, Telangana, Karnataka and Tamil Nadu. The Raigad facility in Maharashtra handles 100% of export sales.

Earnings Call Schedule

The company has scheduled an earnings conference call for February 19, 2026, at 3:00 PM to discuss Q3 and nine months FY2026 financial and operational performance. The call details were filed under Regulation 30 of SEBI (LODR) Regulations 2015.

Vibhor Steel Tubes Limited has announced the resignation of a senior management personnel, marking a key organizational change at the steel tubes manufacturer.

Senior Management Departure

Mr. Suresh Kumar Agrawal, who served as Factory Manager-Odisha, has tendered his resignation from the company's services. The resignation letter was submitted on February 6, 2026, with the departure taking effect from the close of business hours on the same date.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with regulatory requirements for senior management changes.

Ms. Pallavi Aggarwal, Company Secretary & Compliance Officer, signed the regulatory filing on behalf of Vibhor Steel Tubes Limited. The disclosure follows SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Transition Management

In his resignation letter addressed to the Managing Director, Mr. Agrawal expressed commitment to ensuring a smooth handover of responsibilities. He indicated willingness to provide necessary assistance during the transition period and thanked the Board of Directors, management, and colleagues for their support during his tenure.

Company Operations

Vibhor Steel Tubes Limited operates manufacturing units across multiple states, including facilities in Maharashtra, Telangana, and Odisha. The Odisha unit, where Mr. Agrawal served as Factory Manager, is located at Plot No. 45, Podbahal, Bhasma-42, Sadar Sundargarh, Sundargarh, Odisha.