Integrated Filing — IndAS



General information about company

Scrip Code 544430
NSE Symbol SAMBHV
MSEI Symbol NOTLISTED
ISIN INE12NJ01018
Name of company SAMBHV STEEL TUBES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 31-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The Company is in the business of manufacturing steel products having similar economic characteristics, primarily with operations in India. Hence, there is one operating segment.
Start date and time of board meeting 31-01-2026   17:30:00
End date and time of board meeting 31-01-2026   18:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 58,913.50 1,72,793.30
Other income 148.40 333.30
Total income 59,061.90 1,73,126.60
2 Expenses
(a) Cost of materials consumed 41,675.00 1,22,572.50
(b) Purchases of stock-in-trade 132.90 814.10
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,316.80 732.90
(d) Employee benefit expense 3,465.40 9,845.10
(e) Finance costs 753.80 3,160.90
(f) Depreciation, depletion and amortisation expense 1,224.50 3,637.70
(f) Other Expenses
1 Other Expenses 7,220.30 20,433.90
Total other expenses 7,220.30 20,433.90
Total expenses 55,788.70 1,61,197.10
3 Total profit before exceptional items and tax 3,273.20 11,929.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,273.20 11,929.50
6 Tax expense
7 Current tax 660.90 2,481.90
8 Deferred tax 175.50 563.60
9 Total tax expenses 836.40 3,045.50
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,436.80 8,884.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 (0.10)
16 Total profit (loss) for period 2,436.80 8,883.90
17 Other comprehensive income net of taxes 15.80 (29.90)
18 Total Comprehensive Income for the period 2,452.60 8,854.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 29,467.10 29,467.10
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.83 3.21
Diluted earnings (loss) per share from continuing operations 0.83 3.21
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.83 3.21
Diluted earnings (loss) per share from continuing and discontinued operations 0.83 3.21
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1) The above unaudited Consolidated financial results of Sambhv Steel Tubes Limited (formerly known as Sambhv Steel Tubes Private Limited and Sambhv Sponge Power Private Limited) (the Holding Company/ the Company) for the quarter and nine months ended December 31, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at it's meeting held on January 31, 2026. In compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Limited Review of these Consolidated Financial Results has been carried out by the Statutory Auditors. Statement of Unaudited Consolidated Financial Results for the quarter and nine months ended December 31, 2025 can be viewed on websites of the Company, National Stock Exchange of India Ltd. and BSE Ltd. at www.sambhv.com, www.nseindia.com and www.bseindia.com respectively. 2)The above statement of consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of Companies Act, 2013, read together with the Companies (Indian Accounting Standard) Rules, 2015 (as amended). 3)During the quarter ended September 30, 2025, the Holding Company has completed Initial Public Offer (IPO) of 6,58,64,549 equity shares of face value of INR 10 each, aggregating to INR 5,400.00 million, comprising of fresh issue of 5,36,69,429 shares, out of which 5,34,46,115 equity shares were issued at an offer price of INR 82 per equity share to all the allottees and 2,23,314 equity shares were issued at an offer price of INR 78 per equity share, after a discount of INR 4 per equity share to employees, which aggregates to INR 4,400.00 million and offer for sale of 1,21,95,120 equity shares by the selling shareholders aggregating to INR 1,000.00 million. Pursuant to the IPO, the equity shares of the Company were listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 2, 2025. The proceed from fresh issue of IPO were INR 4,400 million, Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company, General corporate purposes and Offer issue expenses has utilised amount of INR 3900.00, 209.55 and 254.12 millions respectively. INR 36.33 million is remaining to be utilised for General corporate purposes (15.00 million)and Offer issue expenses (21.33 million) 4) The figures for the nine months ended December 31, 2024, have been extracted from the Holding Company’s audited special purpose consolidated interim financial statements, and the quarterly figures represent the balancing amounts between the audited special purpose consolidated interim financial statements for the nine-month ended December 31, 2024 figures and the management prepared consolidated financial statements for the six months ended September 30, 2024.The quarterly figures have not been subjected to audit or limited review by the statutory auditors. 5) The above statement of unaudited consolidated financial results of the group are in accordance with the requirements of IND AS 110 Consolidated Financial Statement. The unaudited consolidated financial results include results of wholly owned subsidiary (Sambhv Tubes Private Limited) and associate (Clean Max Opia Private Limited), where the said companies became subsidiary and associate w.e.f. September 16, 2024, and November 13, 2024 respectively. 6) During the quarter ended June 30, 2025, as per the Board of Directors Meeting held on May 21, 2025, a resolution was passed to divest the Companys interest in Clean Max Opia Private Limited (CMOPL). This decision was taken due to CMOPLs non-fulfilment of its obligations under Article 3 of the Energy Supply Agreement dated September 20, 2024, specifically its failure to acquire the requisite land and to obtain Stage II connectivity approval for the project. Pursuant to the above resolution, the Company entered into a Share Purchase Agreement on May 27, 2025, with Clean Max Enviro Energy Solutions Pvt. Ltd. (Clean Max) and CMOPL for the sale of its entire shareholding in CMOPL back to Clean Max. Consequently, CMOPL was Associate till May 29, 2025. 7) The Group is in the business of manufacturing steel products having similar economic characteristics, primarily with operations in India. Hence, there is one operating segment. 8) Effective November 21, 2025, The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the New Labour Codes. The corresponding rules under these codes are yet to be notified by state / central authorities. Under Ind AS 19, changes to employee benefit plans arising from legislative amendments constitute a plan amendment, requiring recognition of past service cost in the statement of profit and loss. However based on the assessment made by the management, there is no impact on implementation of New Labour Codes on the employee benefit expense for the quarter and nine-months ended 31st December, 2025. Further, the Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting impact, if any, based of such developments. 9) Sambhv Tubes Private Limited , a wholly owned subsidiary of the Company, had paid an advance of INR 11.51 Crores towards a new land purchase situated at Nevda, Distt.Balodabazar, Chattisgarh. Subsequently, certain undisclosed encumbrances on the land were identified, pursuant to which an FIR was lodged on January 16, 2026 at Saraswati Nagar Police Station, Raipur, alleging fraud against the Subsidiary company involving concealment of material encumbrances by the counter-parties. Out of the total advance of INR 11.51 Crores , INR6.00 Crores Demand Draft (DD) and Cheques of INR 3.00 crore has been received against part payment, and the balance of INR 2.51 crores remains outstanding. Based on management’s assessment, including the status of legal proceedings, past recovery, and legal advice obtained, the carrying amount of the outstanding advance is considered recoverable. The incident has not resulted in any disruption to the Group’s normal business operations. The Group will continue to monitor developments in the matter and shall appropriately reflect any impact in the financial statements and disclosures, as required.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 (a) Remeasurement gains / (losses) on the defined benefit plans 21.10 (40.00)
Total Amount of items that will not be reclassified to profit and loss 21.10 (40.00)
2 Income tax relating to items that will not be reclassified to profit or loss 5.30 (10.10)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 15.80 (29.90)