Sambhv Steel Tubes (SAMBHV) had a P/E of 24.4× on 6 Nov 2026, above the industry P/E of 19.9×. Sales and net profit grew 37% and 33% a year over 3 years, with ROCE of 17% and ROE of 18%. Debt is 0.48× equity. It is a small-cap company with a market cap of ₹4,815 Cr, ranked 30th of 150 Steel companies by market cap; the shares rose 44% over the past year.
- ₹167.50
- ₹167.50
- ₹159.30
- ₹168.47
- 19.3 L
Health check
- ReturnsAhead
+43.5% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 24.4 vs industry 19.9.
- GrowthStrong
Sales +37.1%, profit +33.0% a year over 3 years.
- ProfitabilityAverage
ROCE 17.4% vs peer median 18.7%.
- Balance sheetSolid
Debt 0.48× equity, interest covered 5.7×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹4,815 Cr
- Small cap
- P/E
- 24.4
- Industry 19.9
- Price to book
- 4.11
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 18.2%
- Peers 23.4%
- ROCE
- 17.4%
- Peers 18.7%
- Debt to equity
- 0.48
- Debt ₹558 Cr
- EPS (TTM)
- ₹6.71
- Face value ₹10
- OPM (TTM)
- 11.9%
- Net margin 6.9%
- Sales growth
- +44.1%
- Latest quarter vs a year ago
- Profit growth
- +99.2%
- Latest quarter vs a year ago
- Price to sales
- 1.69
- EV/EBITDA 15.4
Strengths and risks
Strengths
- Return on equity of 18.2%.
- Quarterly profit up 99.2% on a year ago.
- Quarterly sales up 44.1% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Sambhv Steel Tubes
Sambhv Steel Tubes Limited manufactures and sells electrical resistance welded steel pipes, structural tubes, and stainless-steel coils in India. The company provides mild steel hot-rolled coil, cold rolled coil, and galvanized coils; ERW steel tubes and pipes, including rectangular tubes, round tubes, and square tubes; cold rolled full hard pipes, comprising rectangular pipes, round pipes, and square pipes; and steel door frames, which comprise single,…
- Headquarters
- Raipur
- Employees
- 2,303
- Sector
- Basic Materials
- ISIN
- INE12NJ01018
- Website
- sambhv.com
Price range
- Avg volume (3M)
- 38.7 L
- 1-year return
- plus 43.5%
- From 52-week high
- minus 8.7%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| SAMBHVSambhv Steel Tubes | 163.39 | minus 3.02% | 4,815 | 24.4 | 18.2 | 17.4% | 11.9% | 0.48 | 37.1% | plus 43.5% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 580 | 589 | 685 | 732 | 836 | |
| 520 | 538 | 593 | 637 | 735 | |
| 60.2 | 51 | 92.3 | 95.1 | 101 | |
| 10.4% | 8.7% | 13.5% | 13.0% | 12.1% | |
| 1.1 | 1.5 | 3.9 | 4.8 | 3.6 | |
| 8.3 | 7.5 | 9.7 | 10.6 | 10.8 | |
| 12.1 | 12.2 | 12 | 12.5 | 12.7 | |
| – | – | −3.5 | – | – | |
| 40.9 | 32.7 | 70.9 | 76.9 | 81.1 | |
| 25.2% | 25.6% | 24.8% | 26.5% | 24.9% | |
| 30.6 | 24.4 | 53.3 | 56.5 | 60.9 | |
| 1.04 | 0.83 | 1.81 | 1.92 | 2.07 |
Profit & loss
- Sales CAGR 3Y
- +37.1%
- Profit CAGR 3Y
- +33.0%
- EPS CAGR 3Y
- +35.1%
- ROE
- 18.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 936 | 1,282 | 1,508 | 2,411 | |
| – | +36.9% | +17.7% | +59.9% | |
| 819 | 1,121 | 1,354 | 2,135 | |
| 118 | 160 | 155 | 276 | |
| 12.6% | 12.5% | 10.3% | 11.5% | |
| 1.3 | 1.9 | 3.5 | 5.2 | |
| 21.4 | 30.4 | 45.5 | 40.4 | |
| 16.2 | 20.9 | 34.4 | 48.4 | |
| −0.2 | −0.1 | −0.1 | −2.5 | |
| 81.1 | 111 | 78.2 | 190 | |
| 25.6% | 25.6% | 26.8% | 25.3% | |
| 60.4 | 82.4 | 57.3 | 142 | |
| – | +36.5% | minus 30.5% | +148.2% | |
| 2.05 | 2.80 | 1.94 | 5.05 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.1 | 241 | 241 | 295 | |
| 190 | 197 | 254 | 759 | |
| 285 | 351 | 507 | 373 | |
| 56.7 | 151 | 403 | 639 | |
| 552 | 940 | 1,405 | 2,066 | |
| 337 | 609 | 849 | 1,073 | |
| 42.9 | 273 | 99.6 | 343 | |
| – | – | – | 26.3 | |
| 6.9 | 40.6 | 5.2 | 162 | |
| 165 | 17.5 | 451 | 461 | |
| 552 | 940 | 1,405 | 2,066 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 65.6 | 142 | 126 | 212 | |
| −84.9 | −312 | −233 | −396 | |
| 19.5 | 177 | 105 | 241 | |
| 0.1 | 7.4 | −2.4 | 56.7 | |
| −87.1 | −285 | −227 | −287 | |
| −21.6 | −143 | −101 | −75 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 2.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.