Sambhv Steel Tubes Limited announced on December 8, 2025, that its Board of Directors approved an expansion plan for its Cold Rolling Mill (CRM) with Bright Annealing (BA) Line and Continuous Galvanizing Line (CGL) at the Kuthrel Unit in Raipur, Chhattisgarh. The proposal adds 58,000 MT per annum to the existing 58,000 MT capacity for both lines, doubling total capacity to 116,000 MT per annum, targeted for completion in Q4 FY26 with a ₹500 Million investment funded by internal accruals. This move addresses captive needs and rising market demand for stainless steel cold rolled coils and pre-galvanized GP coils.​

Company Business and Updates

Sambhv Steel Tubes Limited ranks among India’s leading manufacturers of electric resistance welded (ERW) steel pipes, structural tubes, hot-rolled coils, and value-added products like galvanized pipes and stainless steel coils, operating from integrated facilities in Raipur, Chhattisgarh. In 2025, the company listed via IPO in June-July, achieving 28.46x subscription, and pursued aggressive expansions including a prior ₹9,350 Million plan approved November 2025 for stainless steel CRM and a greenfield steel facility by Q4 FY27. No major orders received were noted in recent updates, but high utilization rates—such as 86% for CRM—underscore operational strength amid India’s infrastructure boom.

Recent Financial Performance

Sambhv Steel Tubes reported net sales of ₹558.63 Crores in Q1 FY26 (Jun-2025), up from ₹495.26 Crores in Q4 FY25, with profit after tax rising to ₹33.87 Crores from ₹16.58 Crores; for Q2 FY26 (Sep-2025), total income reached ₹581.24 Crores, a 3.9% QoQ increase from ₹559.40 Crores in Q1, though EBITDA dipped to ₹61.31 Crores from ₹73.46 Crores. Year-over-year data for Q2 FY25 remains unavailable post-IPO. No prominent investors like marquee funds are publicly linked to the company in 2025 disclosures.

MetricQ1 FY26 (₹ Crores)Q4 FY25 (₹ Crores)QoQ % ChangeQ2 FY26 (₹ Crores)Q1 FY26 (₹ Crores)QoQ % Change
Net Sales558.63495.26+12.8%581.24559.40+3.9%
PAT33.8716.58+104.3%N/AN/AN/A
EBITDA73.4650.75+44.7%61.3173.46-16.5%

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