Sambhv Steel Tubes Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a significant increase in performance, with Q4FY26 revenue growing by 38% year-on-year (YoY) and Profit After Tax (PAT) surging by 239% YoY. For the full fiscal year 2026, revenue increased by 60% YoY, while EBITDA and PAT saw substantial growth of 79% and 147% respectively, driven by strong operational execution and cost management. The company highlighted key strategic updates for Q4FY26, including product approvals from major government organizations like Powergrid Corporation Ltd and Hindustan Shipyard Ltd. Sambhv also executed six new MoUs with stainless-steel pipe partners and successfully completed the public hearing for its proposed 30 MW power plant at Sarora, Raipur. Furthermore, an MoU was signed with the Ministry of Steel under the PLI Scheme 1.2 for manufacturing Stainless Steel CR Coils. Financially, in Q4FY26, the company reported standalone revenue of ₹685.3 crore (INR 6,853 Mn), Operating EBITDA of ₹92.2 crore (INR 922 Mn), and PAT of ₹55.8 crore (INR 558 Mn). For the full year FY2026, standalone revenue stood at ₹2,413.2 crore (INR 24,132 Mn), Operating EBITDA at ₹276.3 crore (INR 2,763 Mn), and PAT at ₹143.3 crore (INR 1,433 Mn). Looking ahead, Sambhv Steel Tubes has outlined an ambitious future roadmap with a vision towards 2030. This includes greenfield expansion at Kesda & Kuthrel Unit-II to add 1.2 MMTPA of finished product capacity, with Phase-I targeting 0.36 MMTPA of Stainless-Steel Coils production capacity with an estimated CAPEX of ₹810 crore (INR 8,100 Million), slated for commissioning by Q4FY27. The company also plans to set up a 25 MW captive power plant at Kesda and a 30 MW power plant at Sarora, Raipur, with estimated CAPEX of ₹125 crore (INR 1,250 Million) and ₹150 crore (INR 1,500 Million) respectively, both targeted for commissioning by Q4FY27. Brownfield expansions for Stainless-Steel CR Coils and ERW Pipes & Tubes are also underway.
