Sambhv Steel Unlisted Shares
Buy - ₹100.00
Sell - ₹111.00
About Sambhv Steel Unlisted Shares
1. About Sambhv Steel
Sambhv Steel, established as a leading player in the steel industry, is a prominent manufacturer of steel products. The company has achieved a remarkable annual production capacity of around 6 lakh metric tons under the renowned brand Sambhv Steel. Operating from a vertically integrated plant in Raipur, Sambhv Steel produces a variety of high-quality steel products, including Hot-Rolled Coils (HR Coils), Cold-Rolled Coils (CR Coils), MS ERW Pipes & Tubes, and Hollow Section Pipes. These products are designed to meet both domestic and international industry standards.
With over two decades of experience in the steel manufacturing sector, Sambhv Steel has built a reputation for quality, innovation, and customer satisfaction. The company has continually evolved, expanding its manufacturing capabilities while focusing on the development of a highly skilled team. The sponge iron production and steel manufacturing processes have positioned the company to meet growing demands for superior steel products across various industries.
2. Business Divisions
Sambhv Steel operates through multiple business segments, contributing significantly to its overall growth and diversification:
- Hot-Rolled Coils (HR Coils):
Sambhv Steel produces Hot-Rolled Coils through advanced automated processes. These coils are integral to industries such as automotive, construction, and engineering, offering durability and versatility for a wide range of applications including clutch plates, pipes, and metal buildings. - Cold-Rolled Coils (CR Coils):
The company also manufactures Cold-Rolled Coils that undergo cold-rolling for enhanced hardness and strength, making them ideal for industries like automobiles, appliances, and furniture. - Pipes and Structural Tubes:
Sambhv Steel produces ERW Steel Pipes and HDG Pipes used in numerous industrial applications such as construction, agriculture, and infrastructure. The company also manufactures steel door frames, available in both single and double door configurations. - Sponge Iron Production:
With a focus on sustainable steel production, Sambhv Sponge Power is a key division within the company. It manufactures sponge iron with a capacity of 90,000 MTPA, which is then used to produce high-quality steel products. - Bloom Casting:
Sambhv Steel also produces semi-finished steel blooms that serve as the base material for further processing into finished steel products. This allows for greater flexibility and efficiency in steel production.
3. Financial Highlights
Sambhv Steel’s financial performance has been strong, as shown in the following highlights:
- Revenue Growth:
The company’s revenue grew substantially from ₹819 crore in FY2022 to ₹1,287 crore in FY2024, reflecting its growing market share and effective business strategies. - EBITDA and Profit Margins:
Sambhv Steel has reported EBITDA of ₹158 crore in FY2024, up from ₹120 crore in FY2022. The company’s EBITDA margin stands at 12.28% in FY2024, demonstrating its ability to generate healthy profits despite the challenges faced by the steel industry. - Strong Net Profit:
PAT for FY2024 is ₹83 crore, reflecting an increase from ₹62 crore in FY2023. Despite rising costs and fluctuating demand, the company has been able to maintain profitability, which bodes well for its long-term growth. - EPS Performance:
Sambhv Steel reported an EPS of ₹3.44 in FY2024, a significant improvement compared to ₹31 in FY2023, which was impacted by one-off items. This indicates a solid earnings performance from its core operations. - Debt-to-Equity Ratio:
The company maintains a relatively low debt-to-equity ratio of 0.61, which suggests prudent financial management. This ratio indicates that Sambhv Steel is not over-leveraged and can sustain its growth without excessive debt risks.
Pros
- Vertically integrated operations improve cost efficiency.
- Diverse product portfolio ensures stable revenue streams.
- Strong financial growth with ₹1,287 crore revenue in FY2024.
Cons
- High dependence on fluctuating raw material costs.
- GI Pipe segment operates at only 21% capacity.
- Intense competition from domestic and international players.
Fundamentals
Sambhv Steel Unlisted | ₹125 |
---|---|
Shares Price | Per Equity Share |
Lot Size | 10000 Shares |
52 Week High | ₹125 |
52 Week LoW | ₹114 |
Depository | NSDL & CDSL |
PAN Number | ACPFS9205C |
ISIN Number | INE12NJ01018 |
CIN | U27100DL1996PTC081301 |
RTA | KFIN TECHNOLOGIES LIMITED |
Market Cap (in cr.) | ₹ 3013 |
---|---|
P/E Ratio | 36.34 |
P/B Ratio | 6.63 |
Debt to Equity | 0.61 |
ROE (%) | 19% |
Book Value | 18.64 |
Face Value | 10 |
Total Shares | 241002000 |
Financials
P&L Statement | 2024 | 2023 | 2022 |
---|---|---|---|
Revenue | 1287 | 936 | 819 |
Cost of Material Consumed | 967 | 749 | 660 |
Gross Margins | 24.86 | 19.98 | 19.41 |
Change in Inventory | -13 | -30 | -28 |
Employee Benefit Expenses | 50 | 37 | 20 |
Other Expenses | 125 | 66 | 47 |
EBITDA | 158 | 114 | 120 |
OPM | 12.28 | 12.18 | 14.65 |
Other Income | 6 | 5 | 6 |
Finance Cost | 30 | 22 | 18 |
D&A | 21 | 16 | 10 |
EBIT | 137 | 98 | 110 |
EBIT Margins | 10.64 | 10.47 | 13.43 |
PBT | 112 | 82 | 98 |
PBT Margins | 8.7 | 8.76 | 11.97 |
Tax | 29 | 20 | 25 |
PAT | 83 | 62 | 73 |
NPM | 6.45 | 6.62 | 8.91 |
EPS | 3.44 | 31 | 36.5 |
Financial Ratios | FY24 | FY23 | FY22 |
---|---|---|---|
Operating Margin | 11% | 11% | 14% |
Net Profit Margin | 6% | 6% | 9% |
Return on Equity | 19% | 29% | 48% |
Debt-Equity | 0.79 | 1.34 | 1.6 |
Current Ratio | 1.06 | 1.33 | 1.17 |
Dividend Payout | 0% | 0% | 0% |
Company | Sambhav Steel |
---|---|
Market Cap (₹ Crores) | 2940 |
Profitability Margin (%) | 6% |
ROCE (%) | 22% |
ROE (%) | 19% |
D/E Ratio | 0.79 |
P/E Ratio | 32.19 |
P/B Ratio | 6.71 |
Book Value per Share (₹) | 18.19 |
Assets | 2024 | 2023 | 2022 |
---|---|---|---|
Fixed Assets | 293 | 292 | 235 |
CWIP | 231 | 21 | 17 |
Investments | 0 | 0 | 0 |
Trade Receivables | 52 | 17 | 16 |
Inventory | 148 | 141 | 121 |
Other Assets | 139 | 62 | 69 |
Total Assets | 863 | 533 | 458 |
Liabilities | 2024 | 2023 | 2022 |
Share Capital | 241 | 20 | 20 |
FV | 10 | 10 | 10 |
Reserves | 203 | 191 | 131 |
Borrowings | 271 | 267 | 241 |
Trade Payables | 73 | 19 | 21 |
Other Liabilities | 75 | 36 | 45 |
Total Liabilities | 863 | 533 | 458 |