Steamhouse India Share Price Hits 10% Upper Circuit At ₹118.45; Q1 FY2026-27 Profit Soars 80% And Revenue Up 13%
Add Preferred News Source
Steamhouse India share price rose 9.98% to ₹118.45 on the BSE in Tuesday’s session. The company reported significant first-quarter numbers, with revenue and margins also improving.
Recently listed Steamhouse India Limited’s latest share price stood at ₹118.45, up ₹10.75 or 9.98% on the Bombay Stock Exchange (BSE).
The company made its market debut on 17 September 2026. It listed at ₹94.50 on the National Stock Exchange (NSE), up 16.67% against an initial public offering (IPO) price of ₹81. On the BSE, Steamhouse India listed at ₹93, a premium of 14.81% over the IPO price.
The price movement followed Steamhouse India’s Q1 FY27 results. On 6 October 2026, Steamhouse India shares opened at ₹115.05 against the previous close of ₹107.70 on the BSE. It touched a high of ₹118.45 and a low of ₹112.35.
Steamhouse India Q1 FY2026-27 Results
The company’s net profit increased 80.25% to ₹18 crore from ₹10 crore a year earlier. Revenue from operations rose 13.35% to ₹129 crore from ₹113.5 crore in the corresponding quarter of the previous year.
Margins expanded by 700 basis points (bps) to 24.05%. Earnings before interest, tax, depreciation and amortisation (EBITDA) also improved 60% to ₹309 crore.
The company attributed its EBITDA performance to better utilisation of waste-to-energy boilers and operating leverage from higher steam sales.
Steam Supply Volumes Continue To Support
Steam supply volumes increased 11.52% quarter-on-quarter (QoQ) and 16.70% year-on-year (YoY) in Q1 FY27. The company said the growth reflected its business model and customer relationships.
Higher coal prices created inflationary pressure amid geopolitical uncertainties. However, Steamhouse India maintained its steam margins through a pass-through mechanism that transfers changes in coal costs to customers under its steam supply agreements.
Steamhouse India IPO Subscriptions
The Steamhouse India IPO received nearly 32 times overall subscription. The retail portion was subscribed 18 times, while the non-institutional investors (NII) and qualified institutional buyers (QIBs) portions received 46.60 times and 46.19 times subscription, respectively.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
Right Tools, Rich Insights
