Anand Seamless Limited · BSE:ANAND
Anand Seamless — Investor Presentation (October 2026)
34 slides from Anand Seamless's investor presentation, Oct 3, 2026
Slide 1: BSE Regulation 30 cover letter
ANAND S=AMLESS LTD. Date: 03.10.2026 To, BSE Limited, 20th Floor, P.J. Towers, Dalal Street, Mumbai - 400001. ISIN: INEOXDX01018 BSE Scrip Code: 544944 Subject: Investor Presentation Dear Sir/Ma’am, In pursuance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
Slide 2: Anand Seamless Ltd. Investor Presentation FY26
ANAND SEAMLESS LTD. Investor Presentation FY26 “MANUFACTURER OF PRECISION SEAMLESS TUBES, PIPES & FINNED TUBES”
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase any securities ("Securities") of Anand Seamless Limited (or the ”company") in India or any other jurisdiction. Nei
Slide 4: Table of Content
Table of Content 1. About The Company……………………………………………….4 2. Executive Summary………………………………………………...5 3. Managing Director’s Commentary…………….….6 4. Our Journey…………………………………………………………………..7 5. Business Segments………………………………………………....8 6. Manufacturing Process………………………………………..13 7. Operational Metrics………
Slide 5: About The Company
About The Company Company Overview (In ₹ Lakhs) • Incorporated in 2005, Anand Seamless Limited is engaged in the manufacturing of seamless tubes & pipes and finned tubes catering to wide industrial applications Particulars FY26 FY25 FY24 across domestic and international markets. Revenue from Operat
Slide 6: Executive Summary – FY26
Executive Summary – FY 26 Revenue & Profitability Return & Capital Operational Metrics Revenue from Operations Return On Equity Current Ratio ₹5,600.4 lakhs 66.9% ▲ yoy 28.1% vs 18.9% in FY25 1.7x vs 1.6x in FY25 EBITDA Return On Capital Employed Key Approvals ₹1,022.0 lakhs 73.3% ▲ yoy 20.7% vs 15.
Slide 7: Managing Director’s Commentary
Managing Director’s Commentary “Anand Seamless Limited has established itself as a manufacturer and exporter of seamless tubes, pipes, and finned tubes, catering to industrial applications across sectors such as oil & gas, power generation, chemicals, pharmaceuticals, transportation, defense, and he
Slide 8: Our Journey
Our Journey 2005 2006 2007 Incorporation First Manufacturing Unit Brand & Quality Certifications • Company incorporated as Anand Seamless • Set up the first manufacturing facility at Village • Received Trade Mark Registration Certificate Tubes Private Limited on November 25, 2005. Zak, Taluka Dehgam
Slide 9: Business Segments
Business Segments Seamless Pipes & Tubes Finned Tubes Business segment contribution Business segment contribution 67% of FY26 revenue 31% of FY26 revenue • Manufactures seamless pipes and tubes that are produced without welded joints, • Value-added finned tubes segment, which caters to industries re
Slide 10: Product Portfolio (1/2)
Product Portfolio (1/2) Seamless Pipes & Tubes Finned Tubes Straight Tubes & Pipes U-Bend Tubes Extruded Fin Tubes Embedded Fin Tubes For Tubes: OD: 6.00 mm to 168.30 mm For Tubes: OD: 6.00 mm to 168.30 mm OD: 16.00 mm to 50.80 mm OD: 16.00 mm to 50.80 mm Tube Wall Thickness: 0.85 mm to 12.70 mm Tub
Slide 11: Product Portfolio (2/2)
PRODUCT PORTFOLIO (2/2) Finned Tubes Low Fin Tube (Integral Fin ‘L’ Type Fin Tube Welded Fin Tube Crimped Fin Tube Studded Fin Tube Tube) OD: 16.00 mm to 25.40 mm OD: 16.00 mm to 50.80 mm OD: 25.00 mm to 225 mm (1’’NB Pipe to OD: 15.88 mm to 219.00 mm OD (⅜” NB OD: 38.10 mm to 225 mm THK: 1.65 mm an
Slide 12: Differentiated Products With Diverse Applications
Differentiated Products With Diverse Applications Parameter Standard Pipes Anand Seamless Products Designed for mission-critical applications across boilers, refineries, Primarily used in general industrial, fabrication, plumbing and low- Target Applications power plants, petrochemicals, heat exchan
Slide 13: Clients & Industries Served
Clients & Industries Served OIL & GAS CHEMICAL AUTOMOBILE PETROCHEMICAL DEFENSE POWER FOOD & AGRICULTURE STEEL PLANT 12
Slide 14: Manufacturing Process – Seamless Tubes & Pipes
Manufacturing Process – Seamless Tubes & Pipes The pipes are visually inspected for One end of the tube is reduced in surface defects and approved for diameter to enable smooth entry into further processing upon meeting the drawing die and secure gripping quality standards. during the cold drawing p
Slide 15: Manufacturing Process – Seamless Tubes & Pipes
Manufacturing Process – Seamless Tubes & Pipes The tubes are straightened using The tubes undergo hydrostatic precision rollers to eliminate bends pressure testing to verify their and achieve the required strength, leak-tightness and straightness and dimensional compliance with applicable accuracy.
Slide 16: Manufacturing Process – Finned Tubes
Manufacturing Process – Finned Tubes Validation of material specifications, dimensions and Tubes are loaded and aligned on quality certifications before finning machines while fin materials processing. are prepared for processing. Raw Material Selection Tube Surface Smoothing Finning Process Receipt
Slide 17: Manufacturing Process – Finned Tubes
Manufacturing Process – Finned Tubes Finished products undergo Products are packed securely performance and quality and dispatched according to verification tests as per customer and export Inspection & Quality applicable standards. requirements. Rust Preventive Coating Control Packaging & Dispatch
Slide 18: Approvals & Recognitions
Approvals & Recognitions 1. Indian Boiler Regulations 2. Indian Boiler Regulations 3. Indian Boiler Regulations 4. Engineers India Ltd. 5. ISO 9001: 2015 Unit - I: (IBR) Pipes: 2025 (IBR) Tubes: 2025 (IBR) Finned Tubes: 2026 (EIL) ASL: 2023 2024 (Well-known Pipe Maker) (Well-known Tube Maker) 6. ISO
Slide 19: Operational Metrics
Operational Metrics Segment Mix Capacity Utilization Sales of Finished Goods (Tonnes) 80% 75% 2% 3% 2% 70% 59% 21% 60% 36% 31% 43% 50% 40% 40% 37% 30% 30% 2,658.4 76% 2,148.7 62% 67% 20% 1,843.1 10% 0% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Seamless Tubes & Pipes Finned Tubes Seamless Tubes &
Slide 20: Domestic Revenue Split Across Indian States
Domestic Revenue Split Across Indian States 3.0% 2.4% 10.1% 12.3% 16.6% 4.7% 9.1% 5.3% 6.0% 49.2% FY26 FY25 FY24 6.5% 13.3% 57.5% 62.5% 18.7% 7.1% 1.2% 14.4% Gujarat Maharashtra Madhya Pradesh Kerala Haryana Others Revenue in ₹ Lakhs State FY26 FY25 FY24 Gujarat 3,051.7 1,948.9 1,176.7 Maharashtra 9
Slide 21: Export Revenue Split Across Countries
Export Revenue Split Across Countries 4.6% 0.5% 13.2% 25.6% 20.7% 36.2% 16.2% 43.7% FY26 FY25 FY24 2.8% 71.4% 20.3% 24.7% 11.5% 4.6% 4.1% United Arab Emirates Sultanate of Oman Germany United States of America Saudi Arabia Others Revenue in ₹ Lakhs State FY26 FY25 FY24 United Arab Emirates 74.0 169.
Slide 22: Key Competitive Moats
Key Competitive Moats International Accreditations & Extensive Quality Control Diversified Product Portfolio Across Industry Approvals Infrastructure Industrial Applications Anand Seamless operates under globally recognized The company has established a multi-level quality The company offers a large
Slide 23: Board Of Directors
Board Of Directors Mr. Kedar Mayank Choksi Mr. Hemal Dhirenbhai Shah Managing Director Non-Executive Independent Director Mr. Kedar Mayank Choksi has been associated with the company Mr. Hemal Dhirenbhai Shah holds a Bachelor of Science degree since 2009 and has been instrumental in shaping its grow
Slide 24: Leadership Team
Leadership Team Mr. Dayalal S. Trivedi Mr. Bharat P. Patel General Manager – Sales & Marketing General Manager – Sales & Marketing, PSU Department Mr. Dayalal S. Trivedi oversees the company’s sales and Mr. Bharat P. Patel leads the company’s sales and marketing marketing operations, driving custome
Slide 25: Historical Business Performance (1/2)
Historical Business Performance (1/2) Revenue From Operations (in ₹ lakhs) EBITDA (in ₹ lakhs) Profit After Tax (PAT) (in ₹ lakhs) 5,600.4 1,022.0 547.8 3,690.0 3,354.6 651.5 336.4 589.7 265.1 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 ROE (in %) EBITDA Margin (in %) PAT Margin (in %) 17.7% 17.6%
Slide 26: Historical Business Performance (2/2)
Historical Business Performance (2/2) ROCE (in %) Debt/Equity Ratio (in times) Current Ratio (in times) 1.5 1.4 23.9% 1.3 1.7 20.7% 1.6 15.6% 1.3 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Capital Employed (in ₹ lakhs) Net Worth (in ₹ lakhs) EPS* (in ₹) 6.5 4,773.3 1,952.5 3,526.6 1,404.7 4.0 2,56
Slide 27: Income Statement
Income Statement In ₹ Lakhs Particulars FY26 FY25 YoY (%) FY24 Revenue from Operations 5,600.4 3,354.6 66.9% 3,690.0 Cost of material consumed (incl changes in WIP & finished goods) 3,166.3 1,503.6 110.6% 1,701.6 Gross Profit 2,434.1 1,851.1 31.5% 1,988.4 Gross Profit Margin (%) 43.5% 55.2% -1,172 b
Slide 28: Balance Sheet
Balance Sheet In ₹ Lakhs Assets FY26 FY25 FY24 Property, plant, and equipment 644.5 673.9 610.2 Intangible assets 1.1 3.3 4.1 Non-current investments 0.0 0.0 0.0 Other non current assets 116.5 139.7 109.8 Inventories 4,459.1 3,119.3 2,361.5 Trade receivables 1,365.2 1,032.3 275.2 Cash and cash equiv
Slide 29: Cash Flow Statement
Cash Flow Statement In ₹ Lakhs Particulars FY26 FY25 FY24 Net cash from / (used in) operating activities -557.1 -331.0 150.7 Net cash from / (used in) investing activities -17.0 -105.6 -114.4 Net cash from / (used in) financing activities 463.8 531.5 -37.0 Net Increase / (Decrease) in Cash & Cash Eq
Slide 30: Strategic Growth Plan
Strategic Growth Plan Strengthening Presence in High-Value Industrial Integrated Manufacturing & Operational Efficiency Segments Anand Seamless aims to deepen its penetration across industries such as The company is expanding its manufacturing capabilities by developing an oil & gas, power generatio
Slide 31: Investment Rationale
Investment Rationale Strong Technical Capabilities Quality Certifications and Positioned to Benefit from Diversified Product Portfolio with Value-Added Product Industry Approvals Enable Capacity Expansion and Catering to Critical Industrial Offerings Market Access Export Growth Sectors The company p
Slide 32: Global Industry Growth Drivers
Global Industry Growth Drivers Global Seamless Tubes & Pipes Market Size Growth in Energy, Power & Process Industries (USD Billion) Investments in oil & gas exploration, pipeline infrastructure, thermal and CAGR – 7.0% nuclear power projects, as well as refineries, fertilizer plants, and chemical fa
Slide 33: Global Industry Growth Drivers
Global Industry Growth Drivers Seamless Pipes & Tubes Market (Country Wise CAGR – 2025 to 2035) Growing Automotive & Mechanical Tubes Demand (in %) Rising demand from the automotive and mechanical tubes sectors is expected to support long-term growth in the seamless tubes market. Increasing adoption
Slide 34: Thank You
Thank You For Further Information, Please Contact: Company Investor Relations Consultant Ms. Kinjal Jain Capital Bridge Advisory Service Private Ltd Company Secretary & Compliance Officer Mr. Raj Shah, CFA Mr. Rishi Kothari, CFA [email protected] [email protected] [email protected] Website: www.a
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