Pursuant to Regulation 30 read with Para B of Part A, in the meeting held on May 09, 2026 has approved the proposed capacity addition.
SAMBHV · price
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Sambhv Steel Tubes Limited's Board approved audited Q4 and FY26 financial results showing strong growth, with total income rising 60% to ₹24,205 million and net profit doubling to ₹1,422 million. The Board also approved a major capacity expansion at its Sarora facility: adding 150,000 MTPA pipe mill capacity (43% increase to 500,000 MTPA) and a new 30 MW captive power plant (120% increase to 55 MW), with combined investment of ₹2,000 million funded through debt and internal accruals, targeted for completion by December 2027. Director changes include appointment of Mr. Bikash Agrawal as Additional Executive Director and re-designation of Mr. Suresh Kumar Goyal as Chairman cum Managing Director.
The aggressive capacity expansion signals confidence in demand growth and could drive future revenue, while the strong profit growth enhances earnings per share to ₹5.05, potentially supporting a positive stock reaction.