Sambhv Steel Tubes share price today

Sambhv Steel Tubes Ltd's share price was ₹165.70 at the close on 4 November 2026. It has been rising for 27 weeks. That is 32.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹82 and ₹172, and at that close it sat 92% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sambhv Steel Tubes Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 19 weeks in a row.

Over the last 1 year the share price moved +62% while the NIFTY 500 moved −7%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 7 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) raised their stake for 4 quarters in a row and profit up on a year earlier for 6 quarters in a row.

1. Revenue up on a year earlier for 7 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹836 crore, +44.1% on a year earlier.

2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

   From 2.7% to 3.6% of the company by the October 2026 quarter.

3. Profit up on a year earlier for 6 quarters in a row

   In the September 2026 quarter profit was ₹61 crore, +103.3% on a year earlier.

For July to September 2026 (the quarter ended 30 September 2026), Sambhv Steel Tubes reported revenue of ₹836 crore, up 44.1% from ₹580 crore a year earlier, and a profit of ₹61.0 crore, up 103.3% from ₹30.0 crore.

Sambhv Steel Tubes results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Sambhv Steel Tubes' management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Sambhv Steel Tubes closed at ₹165.70 on 4 November 2026, up 36.3% from ₹121.59 a year earlier (7 November 2025). Its highest weekly close since July 2025 was ₹172.47 on 16 October 2026.

Sambhv Steel Tubes share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

77 weekly closes from 4 July 2025 to 4 November 2026.

4 Nov 2026: Sambhv Steel Tubes closed at ₹165.70, up 8.8% on the week and up 2.6% on the month. 30 Oct 2026: Sambhv Steel Tubes held its results call for July to September 2026.

Earlier

• Results for July to September 2026: Revenue up 44.1% and profit up 103.3% on a year earlier.
• Our read, 22 Aug 2026: Sambhv has delivered an earnings recovery through value-added mix and operating leverage, but the next leg depends on capital spending execution while management has repeatedly revised timing, ramp-up, debt and stainless-margin assumptions.

Our read of the business

Latest quarter: Revenue and profit rose while management reset the near-term framing around demand, prices and capacity timing.

Our read after the latest results, written 22 August 2026.

Sambhv Steel Tubes has paid no dividend on the NSE since its first NSE close in our records (4 July 2025), the start of the period we checked.

No. Sambhv Steel Tubes Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Sambhv Steel Tubes' management spoke about the quarter; the main points are below.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

The changes showing up in Sambhv Steel Tubes' own numbers are costs spread over more sales. It is too early to say whether they last.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

A sustained miss against the FY27 revenue and operating profit-growth ranges together with a further delay to Kesda commissioning would break the case that current capital spending can convert into a higher-value earnings base.

Each change stops working if

• Value-added product mix: Value-added volume stops growing faster than total volume or stainless pricing weakens enough to remove the mix benefit.
• Kesda Phase 1 stainless expansion: Commissioning slips beyond the stated goal or the first production year does not achieve the revised ramp plan.
• Integrated raw-material and power economics: External pricing falls faster than internal cost advantages or project spending raises financing costs before savings arrive.

The main risks

• Management guidance revisions: The latest call moved DFT timing and raised the FY27 operating profit-per-ton range without a full-year bridge. ✓ fact
• Stainless pricing and import competition: Management now expects softer stainless margins as shipments and sales from competing imports increase. ✓ fact
• Capital spending funding and peak debt: Expansion requires a larger debt and working-capital draw than the current balance-sheet position. ✓ fact
• Commodity-price and monsoon pressure: Management links near-term margin pressure to monsoon conditions, softer MS pricing and stagnant demand. ✓ fact

Our read after the latest results, written 22 August 2026.

When Sambhv Steel Tubes reports October to December 2026, these are the check that show whether the story is still on course. First: In the September 2026 quarter, operating margin stays at or above 10% (the floor management gives) while management expects mild steel prices to fall 3-5% and monsoon to weigh on output; operating profit stays above the 60 crore of September 2025.

Sambhv Steel Tubes is on 2 of our India lists: Multibagger study list and Momentum stocks.

Sambhv Steel Tubes Ltd earned ₹61.0 Cr of net profit in the Sep 2026 quarter, +103.3% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹143 Cr. Over 5 years profit has grown 34.1% a year on average. That is 7.3% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹30.0 Cr.

For the full year, FY26 profit was ₹143 Cr (+146.6% on the year before).

Why profit moved: revenue changed +44.1% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +136.0% and revenue +43.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Sambhv Steel Tubes Ltd reported ₹836 Cr of revenue in the Sep 2026 quarter, +44.1% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 5 years it has grown 38.2% a year on average. The last full year, FY26, came in at ₹2,413 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. The Capex Inflection Point applies: equipment orders and civil work are progressing, while the plant is intended to expand stainless capacity after commissioning. The forward case uses the stated timeline only as a monitorable, since the ramp-up and DFT dates have already moved across calls.

The last four reported quarters add to ₹2,842 Cr.

FY26 revenue was ₹2,413 Cr, +59.7% on the year before.

Recent pace: the last four quarters grew +43.3% on average, against 38.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Sambhv Steel Tubes Ltd's operating margin was 12.0% in the Sep 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 6 years it has been between 10.0% and 15.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. The Value Chain Climb applies because management identifies GP pipes, coils and stainless products as value-added offerings, while the latest quarter recorded higher value-added sales volume. The driver is credible only if the mix converts into realized margin after softer stainless pricing and imported competition are absorbed.

Why the margin moved: operating margin changed +1.7 percentage points on the year while gross margin changed −2.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 171% of Sambhv Steel Tubes Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹216 Cr of operating cash against ₹143 Cr of profit. After ₹134 Cr of spending on assets, ₹82.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 171% of profit came in as cash: the cash cycle got 19 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 6.5× depreciation over three years. The next section checks what that spending is building.

Sambhv Steel Tubes Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 10 days in FY26, down from 29 days in FY21. It spent ₹674 Cr on assets over the last 3 years. Customers take 34 days to pay, and stock sits for 94 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,413 Cr, each day of that cycle ties up about ₹6.6 Cr, so roughly ₹66.0 Cr is tied up in the business at any time.

FY26: customers took 34 days to pay and stock sat for 94 days, about 3.1 months of sales sitting as stock, for a full cycle of 10 days, shorter than FY21's 29.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 94 days. Customers pay about 34 days after that. Suppliers are paid at 117 days. Together that makes the 10-day cycle.

Spending on assets: ₹674 Cr over the last 3 years, against ₹104 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹187 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Sambhv Steel Tubes Ltd's P/E is 24.8×, near the low end of its own history: it has been lower only 31% of the time. Its usual P/E (the middle reading) is 28.4×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why this happened. Management states that brownfield stainless CR coil capacity was expanded and that co-branding partners have increased. This can convert a higher mix into sales before Kesda arrives, but it remains exposed to softer stainless margins and import competition.

Why the multiple is where it is: over the past year earnings per share moved +101.7% while the price moved +36.3%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Worked out from its price on 11 October 2026, Sambhv Steel Tubes Ltd's share price assumed profit growth of about 17.5% a year. Over the past 5 years its profit actually grew 34.1% a year. Today its P/E is 24.8×, lower than 69% of its own last 1 year.

This works the share price backwards. It asks one question: what yearly profit growth does the price already assume? The answer is the growth rate at which eleven years of profit (six years of growth, then five years of slowing) add up to that day's market value, after each year is discounted at 11%.

This is a one-day reading, taken on 11 October 2026. Every other number on this page, the multiple included, uses the latest price as of 4 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements.

Sambhv Steel Tubes Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Sambhv Steel Tubes Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: EXPANSION STARTED.

NOT YET CHECKED

Our read, 22 August 2026. Sambhv has delivered an earnings recovery through value-added mix and operating leverage, but the next leg depends on capex execution while management has repeatedly revised timing, ramp-up, debt and stainless-margin assumptions.

From the price. Price stage 2, week 27, above its 200-day line, relative strength rising.

From the research. Sambhv has delivered an earnings recovery through value-added mix and operating leverage, but the next leg depends on capex execution while management has repeatedly revised timing, ramp-up, debt and stainless-margin…

What is proven. Sambhv has delivered an earnings recovery through value-added mix and operating leverage, but the next leg depends on capex execution while management has repeatedly revised timing, ramp-up, debt and stainless-margin assumptions.

What is not proven yet. A sustained miss against the FY27 revenue and EBITDA-growth ranges together with a further delay to Kesda commissioning would break the case that current capex can convert into a higher-value earnings base.

What would change our mind. A sustained miss against the FY27 revenue and EBITDA-growth ranges together with a further delay to Kesda commissioning would break the case that current capex can convert into a higher-value earnings base.

The test written in advance. A sustained miss against the FY27 revenue and EBITDA-growth ranges together with a further delay to Kesda commissioning would break the case that current capex can convert into a higher-value earnings base. Measured by: the thesis as written as stated by the next result.

The test written in advance. Management guidance revisions. Measured by: Management guidance revisions FY27 EBITDA-per-ton delivery and any revision to Kesda, DFT or debt timelines. by the next result.

The test written in advance. Stainless pricing and import competition. Measured by: Stainless pricing and import competition Quarterly stainless realization and commentary on QCO-related imports. by the next result.

What the company does. The latest quarter combined higher revenue, higher profit and a maintained operating margin; the quarter carries no flagged one-off profit impact. The value-chain climb is visible in value-added products and planned Kesda stainless capacity, but meaningful greenfield volume remains a later event.

The key numbers to watch, and the level that would change the picture

Everything further down this page is evidence for or against these.

What the surface reading misses. The surface reading is: Profit growth indicates continued year-on-year expansion. The research reads it further: Revenue also rose, operating margin held, and the one-off ledger flags no profit adjustment; the growth is therefore not identified as an exceptional-item artifact.

What the surface reading misses. The surface reading is: Cash conversion appears supportive because operating cash exceeds reported profit. The research reads it further: Cash is being reinvested: capex exceeded the available operating cash aggregate while debt was repaid; working-capital days stayed broadly stable as revenue expanded.

• 1 · Operating leveragebuilding
• 2 · Value-added mixquiet
• 3 · Management changequiet
• 4 · Paying down debtquiet
• 5 · Regulatory approvalquiet
• 6 · Order-book winsbuilding
• 7 · Consolidationquiet
• 8 · Demerger or value unlockbuilding
• 9 · Buybackquiet
• 10 · New geographiesquiet
• 11 · More business from existing customersbuilding
• 12 · New product launchquiet
• 13 · Mandatory normsquiet
• 14 · A bigger market to servequiet
• 15 · Market-share gainsquiet
• 16 · Asset qualityquiet

Lever 1 · Operating leverage: building. Value-added volumes are growing faster than the base portfolio and are the operational route toward a less commodity-led earnings mix. What proves it keeps working: Value-added product mix. It stops working if Value-added volume stops growing faster than total volume or stainless pricing weakens enough to remove the mix benefit.

Lever 6 · Order-book wins: building. Kesda is the principal capacity catalyst, but management says its material volume contribution begins only after commissioning. What proves it keeps working: Kesda Phase 1 stainless expansion. It stops working if Commissioning slips beyond the stated goal or the first production year does not achieve the revised ramp plan.

Lever 8 · Demerger or value unlock: building. Completed brownfield debottlenecking and a wider co-branding network provide nearer-term stainless-market access than the greenfield project. What proves it keeps working: Brownfield stainless capacity and co-branding. It stops working if Partner throughput stalls or competitive imports compress the economics of the stainless portfolio.

Lever 11 · More business from existing customers: building. Internal raw-material access and captive-power projects can support pipe economics when external coil costs move. What proves it keeps working: Integrated raw-material and power economics. It stops working if External pricing falls faster than internal cost advantages or project spending raises financing costs before savings arrive.

Sources: our stock research file (22 August 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.

The whole page in one table. Each row links to its section.

What Sambhv Steel Tubes Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.

DFT Expansion Timeline Deferred · 30 October 2026. In May 2026, management committed the 150,000-ton DFT capacity for Q4 FY27.

PLI Incentive Rate Reduced for Thin-Gauge Expansion · 30 October 2026. The May and Aug 2026 calls described the PLI benefit for the thin-gauge stainless steel expansion at 13% to 15%, most recently approximately 13% of revenue. The latest call states 10% of sales revenue for the 0.1 mm to 0.4 mm plant, a material reduction in projected project economics with no explanation.

Stainless Steel Margin Outlook Reset · 30 October 2026. In Aug 2026, management guided to INR15,000 to INR16,000 per ton for stainless steel and said that level would continue. In Oct 2026, it described INR12,000 to INR13,000 per ton as sustainable while attributing the decline to Chinese dumping, a material reset in both unit economics and the competitive narrative. Since QCO relaxation and imports had already been discussed in Aug 2026, the latest call does not reconcile why the earlier outlook was materially overstated.

Stainless Steel Product-Mix Assumption Shifted · 30 October 2026. In Aug 2026, management said the 90% 200-series and 10% 300-series mix was expected to remain unchanged. In Oct 2026, its FY28 sales case used a 50:50 mix for 100,000 tons, a material change in the assumptions driving revenue and margins that was not explained. Although the latest wording is conditional, it conflicts with the prior stated forward mix and should be reconciled.

Every quote above is taken word for word from the company’s own earnings calls.

Delivered brownfield expansion and explicit pricing caution show some handling of stress. Kesda financing remains a forecast, not proof of a failed project; its schedule and ramp must be checked on the original dates.

Regulatory and governance record

Delayed disclosure is explained as internal verification; no regulator/auditor finding of fraud or a proven lie against management appears. Recovery and land-title consequences remain unknown.

Checked 14 October 2026.

Sambhv Steel Tubes Ltd earned a ROCE of 19% in FY26. That is up from a low of 14% in FY25. Its return on capital used (ROIC) is 3.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.9% net margin and 1.16× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 5.9% net margin × 1.16× asset turnover × 1.96× leverage (assets divided by equity) ≈ 13.4% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 15.2% − 12.0% = +3.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

Sambhv Steel Tubes Ltd has total debt of ₹558 Cr against shareholder equity of ₹1,170 Cr as of Sep 2026, so its debt is 0.48× its equity. Year by year, that ratio went from 1.02 in FY25 to 0.35 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Sambhv Steel Tubes Ltd by 3.3 percentage points over 6 quarters, the biggest change among its owners. Domestic institutions now own 3.6% of the company. Foreign institutions moved −1.7 points over the same period, to 1.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −3.3 points over 6 quarters, to 3.6%; Foreign institutions: −1.7 points over 6 quarters, to 1.9%; Promoters: +0.0 points over 6 quarters, to 56.1%.

Why the owners changed: domestic institutions drove it (−3.3 points), together with foreign institutions (−1.7 points). They reduced their stake.

For Sambhv Steel Tubes Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

74.3 out of 100, rank 1 of 15 in Steel - Tubes/Pipes, with 93% of the evidence available.

Sambhv Steel Tubes Ltd scores 74.3 out of 100 against the 15 companies it is compared with in Steel - Tubes/Pipes, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 29.6 + 15.8 + 9.6 + 19.3 = 74.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Sambhv Steel Tubes ranks 1 of 15 Steel - Tubes/Pipes companies on the 4-Factor Sector Score, with 74.3 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Steel - Tubes/Pipes, all 15 compared on one page.

Sambhv Steel Tubes is the 6th largest of 15 Steel - Tubes/Pipes companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Man Industries (India), Goodluck India and Surya Roshni. Just below it: Venus Pipes & Tubes, DEE Development Engineers and JTL Industries.

Steel - Tubes/Pipes companies close in size

3. Man Industries (India) Ltd ₹5,443 crore
4. Goodluck India Ltd ₹4,923 crore
5. Surya Roshni Ltd ₹4,758 crore
6. Sambhv Steel Tubes Ltd ₹4,487 crore
7. Venus Pipes & Tubes Ltd ₹4,147 crore
8. DEE Development Engineers Ltd ₹3,818 crore
9. JTL Industries Ltd ₹2,915 crore

All 15 Steel - Tubes/Pipes companies, largest first

Companies close in size in other industries

867. Hindustan Construction Company Ltd ₹4,490 crore · Infra - Construction & Contracting
868. Bosch Home Comfort India Ltd ₹4,487 crore · Consumer Electronics
869. Sambhv Steel Tubes Ltd ₹4,487 crore
870. Midwest Ltd ₹4,480 crore · Granite & Marble
871. Wakefit Innovations Ltd ₹4,478 crore · Mattress

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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