SAMBHV STEEL TUBES LIMITED — Quarter and year ended March 31, 2026
| Sr. No. | Particulars | Sarora Expansion | Sambhv Steel Tubes Limited (Unit-3) |
|---|---|---|---|
| 1 | Existing Capacity | 350,000 MTPA | 25MW |
| 2 | Existing Capacity Utilization | 65% | 90% |
| 3 | Proposed addition of Capacity | 150,000 MTPA | 30MW |
| 4 | Total Capacity after proposed addition | 500,000 MTPA | 55MW |
| 5 | Period within which proposed capacity is to be added | Dec 2027 | Dec 2027 |
| 6 | Investment Proposed (₹ in Million) | ₹ 500 Million | ₹ 1,500 Million |
| 7 | Mode of Finance | ₹ 350 Million through debt and balance through internal accruals | ₹ 1,050 Million through debt/lease and balance through internal accruals |
| 8 | Rationale | Expansion to strengthen the portfolio, improve plant operational efficiency through Debottling of existing integrated facility, and contribute to long term growth and profitability | Captive power generation for round-the-clock uninterrupted energy supply, power cost optimization, and reduction in dependency on external power source |
| Particulars | Quarter Ended | Year Ended |
|---|---|---|
| March 31, 2026 (Audited) (Refer Note 4) |
December 31, 2025 (Unaudited) | |
| I. Income | ||
| (a) Revenue from operations | 6,853.10 | 5,891.35 |
| (b) Other income | 38.85 | 14.84 |
| Total income (I) | 6,891.95 | 5,906.19 |
| II. Expenses | ||
| (a) Cost of materials consumed | 5,126.52 | 4,167.50 |
| (b) Purchases of stock-in-trade | 82.00 | 13.29 |
| (c) Changes in inventories of stock-in-trade and finished goods | (401.32) | 131.68 |
| (d) Employee benefits expense | 359.67 | 346.54 |
| (e) Finance costs | 97.23 | 75.38 |
| (f) Depreciation and amortization expense | 120.16 | 122.45 |
| (g) Other expenses | 763.66 | 722.03 |
| Total expenses (II) | 6,147.92 | 5,578.87 |
| III. Profit before exceptional item and tax (I – II) | 744.03 | 327.32 |
| IV. Exceptional item -(refer note 9 ) | 35.10 | – |
| V. Profit before tax and share of net profits of investments accounted for using equity method (III- IV) | 708.93 | 327.32 |
| VI. Share of profit / (loss) of equity accounted investees | – | – |
| VII. Profit before tax (V+VI) | 708.93 | 327.32 |
| VIII. Tax expense ; | ||
| (a) Current tax | 157.64 | 66.09 |
| (b) Current tax on earlier year | (0.01) | – |
| (c) Deferred tax | 18.18 | 17.55 |
| Total tax expense (VI) | 175.81 | 83.64 |
| IX. Profit for the period/year (VII – VIII) | 533.12 | 243.68 |
| X. Other comprehensive income | ||
| Items that will not be reclassified to the statement of profit or loss | ||
| (a) Remeasurement gains / (losses) on the defined benefit plans | 4.95 | 2.11 |
| (b) Income tax relating to above | (1.25) | (0.53) |
| Other comprehensive income for the period/year (net of tax) (X) | 3.70 | 1.58 |
| XI. Total comprehensive income for the period/year (IX+X) | 536.82 | 245.26 |
| Net Profit / (Loss) attributable to : | ||
| Owners of the Company | 533.12 | 243.68 |
| Non Controlling Interests | – | – |
| Other Comprehensive Income / (Loss) attributable to : | ||
| Owners of the Company | 3.70 | 1.58 |
| Non Controlling Interests | – | – |
| Total Comprehensive Income / (Loss) attributable to : | ||
| Owners of the Company | 536.82 | 245.26 |
| Non Controlling Interests | – | – |
| XII. Paid up Equity Share Capital | 2,946.71 | 2,946.71 |
| XIII. Other Equity | ||
| *XIV. Earnings per equity share (face value per equity share INR 10/-) | ** | |
| (a) Basic (In INR) | 1.81 | 0.83 |
| (b) Diluted (In INR) | 1.81 | 0.83 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| A. Non-current assets | ||
| (a) Property, plant & equipment | 7,309.65 | 7,490.94 |
| (b) Capital work-in-progress | 1,918.11 | 858.31 |
| (c) Goodwill | 5.57 | 5.57 |
| (d) Other intangible assets | 0.25 | 0.23 |
| Investment Property | – | – |
| (e) Investments accounted for using the equity method | 0.01 | 0.02 |
| (f) Financial assets | ||
| – (i) Loans | 3.70 | 3.45 |
| – (ii) Other financial assets | 262.74 | 308.95 |
| (g) Deferred Tax Assets (net) | 8.83 | 137.69 |
| (h) Other non-current assets | 1,507.57 | 137.69 |
| Total non-current assets (A) | 11,016.43 | 8,805.16 |
| D. Current assets | ||
| (a) Inventories | 4,425.20 | 2,538.90 |
| (b) Financial assets | ||
| – (i) Investments | 1,000.56 | – |
| – (ii) Trade receivables | 2,225.98 | 1,471.55 |
| – (iii) Cash & cash equivalents | 619.04 | 52.04 |
| – (iv) Bank balances other than (iii) above | 223.05 | 110.49 |
| – (v) Loans | 17.59 | 8.60 |
| – (vi) Other financial assets | 78.67 | 22.69 |
| (c) Other current assets | 1,050.53 | 996.02 |
| (d) Current tax assets (net) | – | 40.40 |
| Total current assets (B) | 9,640.62 | 5,240.69 |
| Total Assets (A+B) | 20,657.05 | 14,045.85 |
| EQUITY & LIABILITIES | ||
| A. Equity | ||
| (a) Equity share capital | 2,946.71 | 2,410.02 |
| (b) Other equity | 7,589.36 | 2,543.39 |
| Total equity (A) | 10,536.07 | 4,953.41 |
| Liabilities | ||
| B. Non-current Liabilities | ||
| (a) Financial liabilities | ||
| – (i) Borrowings | 2,258.87 | 3,303.30 |
| – (ii) Lease liabilities | 17.64 | 20.23 |
| (b) Provisions | 39.66 | 21.71 |
| (c) Deferred tax liabilities (net) | 385.82 | 302.22 |
| Total non-current liabilities (B) | 2,701.99 | 3,647.46 |
| C. Current liabilities | ||
| (a) Financial liabilities | ||
| – (i) Borrowings | 1,454.19 | 1,740.98 |
| – (ii) Lease liabilities | 2.71 | 2.52 |
| – (iii) Trade payables | ||
| – Total outstanding dues of micro enterprises and small enterprises | 285.29 | 47.86 |
| – Total outstanding dues of creditors other than micro and small enterprises | 5,257.18 | 3,199.09 |
| – (iv) Other financial liabilities | 169.63 | 260.42 |
| (b) Other current liabilities | 185.84 | 183.53 |
| (c) Provisions | 13.30 | 10.58 |
| (d) Current tax liabilities (net) | 50.85 | – |
| Total current liabilities (C) | 7,418.99 | 5,444.98 |
| Total liabilities (B+C) | 10,120.98 | 9,092.44 |
| Total Equity & Liabilities (A+B+C) | 20,657.05 | 14,045.85 |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit before tax | 1,901.87 | 781.79 |
| Adjustments for: | ||
| Depreciation and amortisation expenses | 483.92 | 343.54 |
| (Profit)/Loss on sale of property, plant & equipment (net) | 0.15 | (0.71) |
| Gain on current investments | (0.71) | |
| Balance written off for receivables & advances | 8.27 | 1.41 |
| Allowance for doubtful debts, loans, advances and others | 0.19 | 1.49 |
| Fair value amortisation on loan to employees | 0.80 | 0.40 |
| Finance cost | 413.32 | 472.94 |
| Interest income | (36.15) | (37.12) |
| Share of loss of equity accounted investees (net of tax) | (0.02) | 0.01 |
| Operating profit before working capital changes | 2,771.64 | 1,563.75 |
| Adjustments for: | ||
| (Increase)/decrease in loans | (9.24) | (6.50) |
| (Increase)/decrease in other financial assets | 14.05 | (138.74) |
| (Increase)/decrease in other assets | (55.34) | (727.85) |
| (Increase)/decrease in inventories | (1,886.30) | (1,048.31) |
| (Increase)/decrease in trade receivables | (762.89) | (532.07) |
| Increase/(decrease) in provisions | 21.62 | 12.06 |
| Increase/(decrease) in trade payables | 2,293.23 | 2,269.27 |
| Increase/(decrease) in other financial liabilities | 40.75 | 24.48 |
| Increase/(decrease) in other current liabilities | 2.31 | 48.74 |
| Cash flow from operations | 2,429.83 | 1,464.83 |
| Less: Income tax paid (net) | (314.57) | (202.91) |
| Net cash (used in)/generated from operating activities (A) | 2,115.26 | 1,261.90 |
| B. Cash flow from investing activities | ||
| Payments for purchase of property plant and equipment including capital work-in-progress, intangible assets; capital advances and current creditors | (2,865.64) | (2,268.82) |
| Proceeds from sale of property, plant and equipment, CWIP and intangible assets | 5.00 | 3.52 |
| Investment (matured) in fixed deposit (net) | (124.20) | 209.34 |
| Purchase of business in subsidiary (refer note 51) | – | (324.77) |
| Purchase of Associate | * | (0.03) |
| Sale of investment in associates | 0.03 | – |
| Purchase of current investments | (1,400.00) | – |
| Proceeds from sale of current investments | 400.15 | – |
| Interest received | 23.97 | 49.17 |
| Net cash (used in) / from investing activities (B) | (3,960.69) | (2,331.59) |
| C. Cash flow from financing activities (refer note 45) | ||
| Proceeds from non-current borrowings | 1,982.06 | 2 |