Sambhv Steel Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Industrial Products | Market Cap: ₹3.8K Cr

FY27 sales volume targets: - MS pipes and tubes: 230,000 to 240,000 tons - GP pipe and coil: ~90,000 tons - Stainless steel CR coil: ~60,000 tons - Total value-added product sales: ~400,000 to Sambhv Steel Tubes Limited expects EBITDA growth of 10% to 15% for FY27 over FY26 base.

From Sambhv Steel's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

129

Market Cap

₹3.8K Cr

P/E Ratio

22.9

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Sambhv Steel rank in Industrial Products?

Compare Sambhv Steel against every Industrial Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Sambhv Steel — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹685 Cr, net profit ₹56 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • FY27 sales volume targets:
  • - MS pipes and tubes: 230,000 to 240,000 tons
  • - GP pipe and coil: ~90,000 tons
  • - Stainless steel CR coil: ~60,000 tons
  • - Total value-added product sales: ~400,000 tons
  • Revenue growth guidance:
  • - 10% to 15% growth over FY26 revenue for FY27
  • - Similar 10%-15% volume growth expected over FY26
  • EBITDA per ton:
  • - FY27 guidance: INR 7,500 to 8,500 per ton overall
  • - Stainless steel EBITDA per ton expected around INR 10,000 (lower end) to INR 15,000 (normal range)
  • - FY28 EBITDA per ton expected upward of INR 8,000
  • Capacity expansions:
  • - MS capacity expected to reach ~500,000 tons by Q2 2028
  • - Planned capacity of 1 million tons by 2030 through phased expansions
  • Longer term:
  • - Target of 1 million tons capacity by 2030, tripling from current levels
  • - Gradual volume and revenue growth expected aligned with capacity ramp-up

📈 Profitability & Margins

Rank 3
  • Sambhv Steel Tubes Limited expects EBITDA growth of 10% to 15% for FY27 over FY26 base.
  • Revenue growth guidance for FY27 is also targeted at 10% to 15% over FY26.
  • EBITDA per ton for FY27 is guided in the range of INR 7,500 to INR 8,500, with stainless steel EBITDA per ton expected around INR 10,000 (bottom side) to INR 15,000 (regular).
  • For FY28, introduction of new capacity lines is expected to push EBITDA per ton upward of INR 8,000, with revenue around INR 4,500 crores.
  • Capacity expansions aim to increase total finished product capacity from 0.68 million tons to over 2 million tons by 2030, supporting significant long-term growth.
  • Net profit goals indicate targeting INR 300 crores within next 2-3 years from about INR 50 crores post IPO, implying strong earnings acceleration.

🏗️ Capital Expenditure Plans

Yes
  • Sambhv Steel Tubes Limited has announced a capex plan including:
  • - Expansion of MS pipe capacity from current 350,000 tons, adding 150,000 tons by Q2 2028 to reach 500,000 tons.
  • - Further expansion via Phase 2 and Phase 3 at Kesda to add an additional 500,000 tons, aiming for 1 million tons capacity by 2030.
  • - Stainless steel coil capacity expansion with a new greenfield plant at Kesda planned to start production in Q4 FY27.
  • - Development of a 150 MW captive power plant by 2030 (currently 25 MW operational) aiming to save INR180-200 crore in power costs.
  • - Investment in solar power (8 MW rooftop plant approved) to reduce power costs and increase renewable energy usage.
  • - INR100 crore preferential issue of fully convertible warrants to fund capex, working capital, subsidiary investments, and general corporate purposes.
  • - Investment in super alloy manufacturing through a 15% stake in a company to add high-value alloys to current manufacturing.

💰 Fundraising & Capital Structure

Yes
  • Currently, Sambhv Steel Tubes Limited does not have any immediate plans for new external fundraising through debt or equity.
  • The company has issued fully convertible warrants worth INR100 crores, which promoters and management are participating in.
  • The proceeds from these warrants will be used for capacity expansion, working capital, and investments in subsidiaries.
  • Future fundraising might be considered if required, but only with board approval.
  • Peak debt after current expansions (Kesda phase 1, power plant, DFT mill, solar plant) is expected to be around INR800-850 crores in term debt and INR200-300 crores in working capital debt by end of FY27.
  • Current cost of debt stands between 7.5% and 8%.

📋 Order Book & Pipeline

No information
The transcript provided does not mention or provide details about the current or expected order book or pending orders for Sambhv Steel Tubes Limited. The discussion primarily covers: - Capacity expansion plans and volumes for FY27 - Pricing outlook and EBITDA guidance - Market penetration strategies, especially in stainless steel coils through co-branding - Industry demand and supply dynamics - Debt and financial cost projections No specific information on order book size, value, or pending orders is given on the available pages.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

No information

Frequently Asked Questions

What were Sambhv Steel Q1 FY27 results?

FY27 sales volume targets: - MS pipes and tubes: 230,000 to 240,000 tons - GP pipe and coil: ~90,000 tons - Stainless steel CR coil: ~60,000 tons - Total value-added product sales: ~400,000 to Sambhv Steel Tubes Limited expects EBITDA growth of 10% to 15% for FY27 over FY26 base.

What is Sambhv Steel share price analysis?

Sambhv Steel currently shows a below-average growth signal. The stock trades at a P/E of 22.9 with a market cap of ₹3,812 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sambhv Steel planning capital expenditure?

Sambhv Steel Tubes Limited has announced a capex plan including: - Expansion of MS pipe capacity from current 350,000 tons, adding 150,000 tons by Q2 2028 to reach 500,000 tons.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Sambhv Steel's management said in earlier quarters

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