Sambhv Steel Tubes Limited (SAMBHV) — Financial Results | 9 May 2026(3 announcements)

Sambhv Steel Tubes Limited reported audited FY2026 results with net profit of [amount context mismatch] crores and total income of ₹15,167.01 crores for the year ended March 31, 2026. The Board approved a ₹1500 crore capacity expansion at Sarora plant adding 150,000 MTPA to reach 500,000 MTPA total capacity, backed by ₹350 crore debt financing. New director Bikash Agrawal was appointed with 18 years of finance experience. The company also sold its stake in Clean Max Energy Private Limited following failed obligations and consolidated labour laws. An unmodified audit opinion was confirmed by S S Kothari Mehta & Co.

Sambhv Steel Tubes Limited announced on May 9, 2026, that its board approved audited FY2026 financials showing revenue of [amount not verified] and profit of [amount context mismatch] crores, alongside approval of capacity expansion adding 150,000 MTPA and 30 MW power generation. Mr. Bikash Agrawal was appointed Additional Executive Director, while Bhavesh Khetan and Saurabh Patil were reappointed as Executive Directors. The filing also disclosed an unmodified audit opinion from S S Kothari Mehta & Co. on standalone and consolidated results, confirmed the sale of its entire stake in Clean Max Enviro Energy Solutions Pvt Ltd due to non-fulfilment of energy supply obligations, and noted consolidation of Indian labor codes effective November 21, 2025. The auditor highlighted a [amount not verified]million provision for doubtful advances as an exceptional item amid recovery uncertainty from a subsidiary fraud allegation.

Sambhv Steel Tubes Limited announced on May 9, 2026, that its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, show revenue of ₹5,891.35 crores and net profit of [amount context mismatch] crores, reflecting growth from prior periods, alongside the appointment of S S Kothari Mehta & Co. LLP as the new auditor following board approval.