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SAMBHV STEEL TUBES LTD (SAMBHV) Fair Value & Analysis

Basic Materials · IN · Market cap ₹33.9B

SS SAMBHV STEEL TUBES LTD SAMBHV · NSE
Price₹119.88
Fair Value₹69.71
Upside-41.9%
Quality48/100
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Expensive Growth
Thin margins · 5.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Moderate moat 52/100
Evidence: Medium Range ₹52.28 – ₹87.13 Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 4 days ago

Share price +0.8% over the past month.

Below-average quality, and screening another 42% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹87.13). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (14 months)

₹139.70 ₹82.30 Fair Value ₹69.71 Jul 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

14‑month range ₹82.30 – ₹139.70 · fair‑value band ₹52.28 – ₹87.13 · the ₹119.88 price screens above the ₹69.71 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Aug 13, 2026.

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Analysis

SAMBHV STEEL TUBES LTD (SAMBHV) currently trades at ₹119.88, while our model-based Fair Value estimate is ₹69.71, implying the stock looks roughly 41.9% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, SAMBHV STEEL TUBES LTD generated revenue of ₹24.1B at a net margin of 5.9%. Revenue grew 38.4% year over year. It earns a return on equity of 18.4%. Net debt stands at ₹2.9B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹52.28 (bear case) to ₹87.13 (bull case); at ₹119.88, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 20% below its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -22% fair-value upside, at -42%, SAMBHV screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
ROIC Compounder ₹72.13 ₹107.08 ₹135.71 72
Growth-Adj P/E ₹145.41 ₹207.72 ₹270.04 68
P/E Multiple ₹61.51 ₹82.01 ₹102.51 63
All 14 models by family
Earnings-Based
Graham-Dodd ₹32.80 ₹228.77 ₹321.04 54
Lynch FV ₹118.19 ₹168.84 ₹219.49 50
PEG = 1.0 ₹118.19 ₹168.84 ₹219.49 46
EPV ₹53.30 ₹62.98 ₹71.45 59
Multiples
P/E Multiple ₹61.51 ₹82.01 ₹102.51 63
P/S Multiple ₹61.51 ₹82.01 ₹102.51 58
P/B Multiple ₹61.51 ₹82.01 ₹102.51 55
EV/EBIT ₹76.37 ₹103.43 ₹130.49 53
EV/EBITDA ₹65.49 ₹88.93 ₹112.36 54
EV/Revenue ₹65.54 ₹95.70 ₹125.85 43
Asset-Based
NCAV (Graham) ₹17.88 ₹23.96 ₹35.76 50
Economic Profit
Residual Income ₹34.42 ₹43.40 ₹110.67 61
ROIC Compounder ₹72.13 ₹107.08 ₹135.71 72
Growth Earnings
Growth-Adj P/E ₹145.41 ₹207.72 ₹270.04 68

Widest divergence: Growth Earnings (₹207.72) versus Asset-Based (₹23.96). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) ₹24.1B
Revenue growth (YoY) +38.4%
Net margin 5.9%
Return on equity 18.4%
Free cash flow −₹1.1B FY2026
P/E ratio 23.7
More key figures
Operating margin 11.7%
EPS (TTM) ₹5.05
EPS growth (YoY) +162%
Net debt ₹2.9B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 48 · Market factors (momentum, volatility) 45

Profitability 54
Margins and returns on capital today
Quality Growth 87
Are margins and returns improving?
Cashflow 21
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 15
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 49
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sambhv Steel Tubes Limited manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Full company description

Sambhv Steel Tubes Limited manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India. The company provides mild steel hot-rolled coil, cold rolled coil, and galvanized coils; ERW steel tubes and pipes, including rectangular tubes, round tubes, and square tubes; cold rolled full hard pipes, comprising rectangular pipes, round pipes, and square pipes; and steel door frames, which comprise single, double, and four door frames. It also offers stainless-steel hot-rolled, hot rolled annealed and pickled, and cold rolled coils; superior galvanised and pre-galvanised pipes, such as Gi rectangular, round, and square; and intermediate products, which includes sponge iron and stainless-steel billets/blooms/slabs. In addition, the company operates waste heat recovery boiler and atmospheric fluidized bed combustion boiler-based power plants, as well as generates the electricity. The company was incorporated in 2017 and is based in Raipur, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SAMBHV STEEL TUBES LTD reported revenue of ₹24.1B in FY2026 versus ₹8.2B in FY2022, a compound +31.0%/yr. Reported net income was ₹1.4B in FY2026, compounding +18.5%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹24.1B
Latest YoY
+59.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+37.1%
Revenue +31.0%/yr
FY22 ₹8.2B
FY23 ₹9.4B
FY24 ₹12.8B
FY25 ₹15.1B
FY26 ₹24.1B
Net income +18.5%/yr
FY22 ₹721M
FY23 ₹604M
FY24 ₹824M
FY25 ₹573M
FY26 ₹1.4B

SAMBHV screens 42% overvalued. Compare with JSW Steel Limited →

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Cite: Fair Value Calculator (2026). "SAMBHV STEEL TUBES LTD Fair Value". https://www.fairvalue-calculator.com/stock/SAMBHV

Peer Group

Steel · 380 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 48 · Below median
Fair Value upside −42% · Below median
Return on equity (TTM) 18% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 12% · Top 25%
Revenue growth 38% · Top 25%
Debt / equity 0.21× · Higher than median

Valuation Multiples vs Steel median · lower = cheaper

P/E (TTM) 23.7× · Pricier than median
P/B 3.22× · Pricier than 75% of peers
P/S (TTM) 1.41× · Pricier than median
EV/EBITDA 12.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 16
FUTURE 100 · sector 4
PAST 73 · sector 16
HEALTH 89 · sector 95
DIVIDEND 0 · sector 55

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
JSW Steel Limited JSWSTEEL ₹1,269 ₹1,140 -10%
Tata Steel Limited TATASTEEL ₹186.20 ₹145.39 -22%
China Steel Corporation 2002A 37.25 TWD 8.74 TWD -77%
POSCO Holdings 005490 325,000 KRW 155,270 KRW -52%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,838 ARS +16%
Jindal Steel Limited JINDALSTEL ₹1,112 ₹516.27 -54%
Lloyds Metals and Energy Limited LLOYDSME ₹1,894 ₹771.10 -59%
Gerdau S.A GGBN 83.50 MXN 39.22 MXN -53%
Ternium S.A TXR 17,780 ARS 27,472 ARS +55%
NMDC Limited NMDC ₹85.00 ₹112.98 +33%

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Frequently asked questions

Is SAMBHV STEEL TUBES LTD (SAMBHV) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹69.71 versus a price of ₹119.88, about −42% (overvalued).
What is the fair value of SAMBHV?
Our model-based fair value for SAMBHV STEEL TUBES LTD is ₹69.71 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹119.88.
What is the quality score of SAMBHV?
SAMBHV STEEL TUBES LTD has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of SAMBHV STEEL TUBES LTD (SAMBHV)?
SAMBHV STEEL TUBES LTD reported trailing-twelve-month revenue of about ₹24.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SAMBHV?
The net profit margin of SAMBHV STEEL TUBES LTD is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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