About Sambhv Steel Tubes Limited
Sambhv Steel Tubes Limited, incorporated in 2017, is a leading manufacturer of Electric Resistance Welded (ERW) steel pipes and structural tubes in India. The company operates from a strategically located manufacturing facility in Sarora, Tehsil Tilda, Raipur, Chhattisgarh, benefiting from proximity to key raw materials like iron ore and coal sourced from Navratna and Maharatna PSU mines.
The company has built a widespread distribution network covering 15 states and 1 union territory, enabling strong market access and delivery efficiency. Their product portfolio includes sponge iron, blooms/slabs, narrow-width HR coils, and GI pipes, catering to a wide spectrum of industrial and infrastructure requirements. As of December 2024, Sambhv has demonstrated consistent financial performance and strong operational capabilities, positioning itself well in the growing Indian steel market.
Why To Invest in Sambhv Steel Tubes Limited
Integrated Manufacturing Advantage: Sambhv operates India’s only single-location backward integrated facility, ensuring cost and supply chain efficiency.
Strong Financials: FY24 (Annualised) PAT of 82.44 Cr and Revenue of 1,289.38 Cr with ROE of 25.42% and EBITDA margin of 12.43%.
Strategic Location: The facility is located near Asia's largest coal mines and public sector iron ore sources, reducing input costs.
Rising Demand: ERW steel pipes and tubes are witnessing increased demand due to infrastructure push, oil & gas pipelines, and housing sector growth.
Experienced Team: The promoters and leadership team bring deep industry experience, aiding robust execution and expansion strategies.
IPO Utilization: ?390 Cr of proceeds to be used for debt reduction expected to strengthen balance sheet and reduce interest burden.
Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|---|
Assets | 1,411.82 | 940.13 | 552.14 | 458.51 |
Revenue | 1,018.81 | 1,289.38 | 939.00 | 820.75 |
Profit After Tax | 40.69 | 82.44 | 60.38 | 72.11 |
EBITDA | 106.37 | 159.87 | 117.30 | 124.52 |
Net Worth | 478.46 | 438.28 | 210.40 | 149.30 |
Reserves and Surplus | 197.28 | 190.31 | 129.21 | |
Total Borrowing | 619.15 | 346.88 | 282.77 | 241.29 |
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