Anand Seamless FY26 profit after tax rose 106.7% year-on-year to Rs 547.8 lakh, according to an investor presentation submitted to BSE on October 3, 2026. The seamless tubes, pipes and finned tubes manufacturer reported revenue from operations of Rs 5,600.4 lakh, up 66.9% from Rs 3,354.6 lakh in FY25.

The presentation, filed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, detailed higher profitability, sales volumes and capacity utilisation. Anand Seamless trades on BSE under scrip code 544944.

EBITDA increased 73.3% to Rs 1,022.0 lakh from Rs 589.7 lakh a year earlier. The company reported a 67-basis-point improvement in EBITDA margin to 18.2%, while its PAT margin expanded 188 basis points to 9.8%.

Sales volumes and plant utilisation improve

Sales of finished goods increased 23.7% to 2,658.4 tonnes in FY26 from 2,148.7 tonnes in FY25. Seamless tubes and pipes contributed 67% of revenue, finned tubes accounted for 31%, and other operating revenue made up 2%.

  • Seamless tubes and pipes capacity utilisation rose to 75% from 59% in FY25.
  • Finned tubes capacity utilisation increased to 40% from 30%.
  • Installed capacity stood at 3,000 tonnes per annum for seamless pipes and tubes and 360,000 metres per annum for finned tubes.

Domestic revenue reached Rs 5,311.9 lakh, compared with Rs 3,117.4 lakh in FY25. Gujarat contributed Rs 3,051.7 lakh, or 57.5% of domestic revenue, followed by Maharashtra at Rs 993.6 lakh, or 18.7%.

Returns strengthen; manufacturing consolidated

Return on equity improved to 28.1% from 18.9%, while return on capital employed rose to 20.7% from 15.6%. Net worth increased to Rs 1,952.5 lakh from Rs 1,404.7 lakh. The debt-to-equity ratio declined to 1.4 times from 1.5 times, and the current ratio improved to 1.7 times from 1.6 times.

The presentation said Anand Seamless vacated Manufacturing Unit 2 and relocated its installed machinery to Manufacturing Unit 1 by the end of July 2026. The company subsequently listed on the BSE SME platform on September 29, 2026.

Its products serve industries including oil and gas, power generation, petrochemicals and automobiles. Chairman and Managing Director Kedar Mayank Choksi identified market expansion and operational efficiency as areas of focus.