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Value-added products recorded sharp growth, with volumes rising 63.5% YoY to 90,612 tonnes in Q3 FY26, up from 55,410 tonnes in Q3 FY25. Within this, structural pipes and tubes stood at 57,262 tonnes, up 11.6% YoY, while pre-galvanised coils and pipes surged 2,667.2% to 19,979 tonnes from 722 tonnes a year earlier, while stainless steel coils volumes rose 294.1% YoY to 13,371 tonnes.
Intermediate product volumes slumped 60% YoY to 6,860 tonnes, compared with 17,149 tonnes in the corresponding quarter last year.
The company said the strong showing in value-added products reflects robust capacity utilisation, especially in the stainless steel segment, and underscores its strategic focus on scaling higher-margin products.
Sambhv Steel Tubes is a manufacturer of ERW steel pipes and structural tubes with integrated manufacturing capabilities spanning sponge iron to finished products, including ERW pipes, CRFH pipes, pre-galvanised coils and pipes, GI pipes and steel door frames. The company is among the limited number of domestic producers with backward-integrated stainless steel operations, manufacturing SS blooms and slabs for captive conversion into HR, HRAP and CR coils. Sambhv Steel Tubes operates two manufacturing facilities in Chhattisgarh with installed capacities of 350,000 MTPA for ERW pipes and tubes, 116,000 MTPA for GP coils, 100,000 MTPA for GP pipes and 58,000 MTPA for stainless steel coils, and distributes its products through 43 distributors across 15 states and one union territory, serving over 700 dealers in India.
The company’s consolidated net profit surged 468.8% to Rs 30.60 crore in Q2 FY26, compared with Rs 5.38 crore in Q2 FY25. Net sales jumped 83.4% YoY to Rs 580.17 crore in Q2 FY26.
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Sambhv Steel Tubes announced that the company has approved an expansion plan for manufacturing stainless-steel cold-rolled coils and pre-galvanised coils, with a proposed investment of Rs 50 crore.
As a part of expansion, the company will add another 58,000 MT each to its CRM & BA Line and CGL, taking the total annual capacity to 1,16,000 MT. The expansion will involve an investment of Rs 50 crore and is expected to be operational by Q4 FY26.
Sambhv Steel Tubes is a key player in India’s ERW steel pipes and structural tubes market, offering a diverse portfolio of in-house manufactured steel products.