Sambhv Steel Tubes shares surge over 7% after sales rise 50% in June quarter

Shares of steel tube maker Sambhv Steel Tubes rose as much as 7.17% to hit an intraday high of ₹126 on the BSE after its sales volume jumped by 50% to 92,706 tonnes in first quarter of current financial year from 61,908 tonnes. Sales of intermediate products which include sponge iron, blooms/slabs and HR coils jumped 67% to 12,989 tonnes.

Sales of its structural pipes and tubes, however, fell 7.32% to 50,294 tonnes in the first quarter of current financial year.

"Sambhv Steel Tubes Limited witnessed strong growth in its sales, particularly in Pre-Galvanised (GP) Coils and Pipes and Stainless Steel Coils product category, highlighting continued progress in its strategic focus on high-value product offerings," the company said in an exchange filing.

Meanwhile, in the quarter ended June 2025, Sambhv Steel Tubes' net profit declined 3.63% to ₹16 crore from ₹17 crore in the same period last year.

Its revenue from operations advanced 38% to ₹495 crore in the first quarter of current financial year from ₹358 crore in the year-ago period.

Sambhv Steel Tubes reported stable operational performance as its earnings before, interest, taxes, depreciation and amortisation also known as operating profit rose 27% to ₹48 crore but its operating profit margin contracted by 90 basis points to 9.72% from 10.60% in the corresponding period last year.

Sambhv Steel Tubes shares have handsomely rewarded investors since listing as the stock has gained 54%.

As of 10:21 am, Sambhv Steel Tubes shares traded 4.63% higher at ₹123.75, outperforming the SENSEX which was trading on a flat note.