Sambhv Steel Tubes Ltd

Sambhv Steel Tubes Ltd announced that Crisil Ratings Limited has assigned a Long Term Rating of Crisil A+/Stable to its total bank loan facilities amounting to Rs 162.00 crore, including a Bank Debt of Rs 162.00, while Crisil also provided an initial Long-term bank facilities rating of Crisil A+/Stable, reflecting the company’s established market presence, integrated operations, and healthy financial risk profile; the rating agency also noted debt of Rs 675 crore tied up for a greenfield project, an expected annual cash accrual of Rs 250-400 crore, an annual term debt obligation of Rs 10-15 crore, and a stable outlook, alongside a revision in rating symbols for PPMLD, and further details regarding cash credit facilities from HDFC Bank Limited (Rs 25), State Bank of India (Rs 126), and YES Bank Limited (Rs 11), all rated A+/Stable by Crisil, and fund-based facilities of Rs 162.0, also rated A+/Stable.

Sambhv Steel Tubes Limited convened its 01st Extraordinary General Meeting on Monday, August 10, 2026, via video conference, where shareholders approved a special resolution for the issuance of fully convertible equity warrants on a preferential basis to promoters, promoter group, and non-promoter categories, with proceeds intended for investment in a subsidiary, capital expenditure, project expansion, incremental working capital requirements, and general corporate purposes. Manoj Khetan, Independent Director and Chairman of the Audit Committee, chaired the meeting in place of Suresh Kumar Goyal, and Rohtash Kumar Agrawal of M/s. Rohtash Agrawal & Co was appointed as the scrutinizer for the voting process.

A Monitoring Agency report indicates that Sambhaavdeep Securities Limited (SSTL) has utilized Rs. 1.50 crore of the Rs. 22.46 crore net proceeds allocated for General Corporate Purposes (GCP) since its initial public offering, primarily for reimbursement of raw material purchases. The company also utilized Rs. 0.20 crore for issue-related expenses, leaving Rs. 1.70 crore unutilized. The timeline for GCP fund utilization was extended from March 2026 to September 30, 2026, due to delays in vendor invoice submissions. The report notes that all fund deployments and the timeline extension were approved by SSTL’s Board of Directors, and the agency’s assessment is based on information provided by the company’s management and auditors, without independent auditing.

Sambhv Steel Tubes Limited will hold a board meeting on Monday, August 03, 2026, to consider the Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026, according to a regulatory filing.

Sambhv Steel Tubes announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 August 2026.

The board will, inter alia, consider raising funds through the issuance of equity shares, fully convertible equity warrants, convertible instruments, or any other eligible securities, either individually or in combination, subject to applicable regulatory and statutory approvals. Sambhv Steel Tubes is one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections) in India. The company is one of only two manufacturers in the country producing ERW steel pipes and tubes, including hollow sections, using narrow-width hot-rolled (HR) coils. The company reported a 221.5% surge in consolidated net profit to Rs 53.31 crore on a 38.4% increase in revenue from operations to Rs 685.31 crore in Q4 FY26 compared with Q4 FY25. Powered by Capital Market - Live

Sambhv Steel Tubes will hold a meeting of the Board of Directors of the Company on 15 July 2026.

Net profit of Sambhv Steel Tubes rose 221.53% to Rs 53.31 crore in the quarter ended March 2026 as against Rs 16.58 crore during the previous quarter ended March 2025. Sales rose 38.37% to Rs 685.31 crore in the quarter ended March 2026 as against Rs 495.26 crore during the previous quarter ended March 2025. For the full year,net profit rose 148.21% to Rs 142.15 crore in the year ended March 2026 as against Rs 57.27 crore during the previous year ended March 2025. Sales rose 59.67% to Rs 2413.24 crore in the year ended March 2026 as against Rs 1511.36 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales685.31495.26 38 2413.241511.36 60 OPM %13.469.72 -11.4510.22 - PBDT86.4234.24 152 242.09112.53 115 PBT74.4022.48 231 193.7078.18 148 NP53.3116.58 222 142.1557.27 148 Powered by Capital Market - Live

Sambhv Steel Tubes will hold a meeting of the Board of Directors of the Company on 9 May 2026.

Net profit of Sambhv Steel Tubes rose 130.78% to Rs 24.37 crore in the quarter ended December 2025 as against Rs 10.56 crore during the previous quarter ended December 2024. Sales rose 59.64% to Rs 589.14 crore in the quarter ended December 2025 as against Rs 369.04 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales589.14369.04 60 OPM %8.6610.29 - PBDT44.9825.28 78 PBT32.7315.02 118 NP24.3710.56 131 Powered by Capital Market - Live