Nuvama Wealth Management Limited
Motilal Oswal Investment Advisors Limited
Sambhv Steel Tubes Limited is a manufacturer of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India. The company’s manufacturing facility is located in Village – Sarora, Tehsil Tilda, Raipur (“Sarora (Tilda) Facility”) in the mineral-rich state of Chhattisgarh. The company’s iron ore is sourced from “Navratna” public sector undertaking (“PSU”) mining company’s mines and coal from a “Maharatna” PSU through one of its highest coal producing subsidiary whose mines are Asia’s largest coal mines and are merely 250 kilometres from our Sarora (Tilda) Facility.
As of March 31, 2024, The Company has have a wide distribution network in India which extends across 15 states and one union territory as of December 31, 2024. The company has a widespread presence in the Indian states of Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana.
For the year/period ended (Rs. in Cr.)
FY24 | FY23 | FY22 | |
---|---|---|---|
Total Revenue | 1,289.38 | 939.00 | 820.75 |
Profit After Tax | 82.44 | 60.38 | 72.11 |
EPS | 3.79 | 3.01 | 3.59 |
OPM (%) | 11.09% | 10.98% | 14.13% |
PATM (%) | 6.41% | 6.44% | 8.80% |
For year/ period ended ( in Cr.)
Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY24 |
Net Profits(Cr.) FY24 |
---|---|---|---|---|---|---|
Sambhv Steel Tubes Limited | *2416.22 | 82 | 4.13 | 21.6 | 1289.38 | 82.44 |
APL Apollo Tubes Ltd. | 49,758.77 | 1,792.95 | 11.82 | 65.73 | 19,996.29 | 757.06 |
Hariom Pipe Industries Ltd. | 1,170.41 | 377.95 | 18.96 | 1,357.05 | 61.73 | |
Venus Pipes & Tubes Ltd. | 2,752.47 | 1,343.25 | 5.08 | 29.63 | 958.53 | 92.89 |
*Market cap @upper band
Track record of healthy financial performance
At the upper band of IPO Rs. 82, the stock is valued at 21.6 times. Hence, Well-informed investors subscribe for long term.
Never Miss IPO Investment