Steamhouse India Limited, engaged in the generation and distribution of industrial steam through community boilers and pipeline networks, reported strong financial and operational performance for the quarter ended June 30, 2026 (Q1 FY27). The results are the company’s first financial results announcement following its listing on the BSE and NSE.
Revenue from steam stood at ₹123.37 crore during Q1 FY27, registering a 46.07% year-on-year increase. EBITDA rose 60.08% to ₹30.93 crore, while Profit After Tax (PAT) increased 80.25% to ₹18.34 crore. Steam volumes sold during the quarter increased 16.70% to 3,05,816 tonnes. EBITDA per tonne of steam also improved to ₹1,011.45 from ₹737.35 in Q1 FY26, representing a 37.17% increase. The improvement reflects higher operating performance and increased profitability from the company’s core steam business.
Steamhouse India also recorded sequential growth across its key financial and operating parameters. Compared with Q4 FY26, revenue from steam increased 33.29%, EBITDA rose 17.11% and PAT grew 30.12%. Steam volumes increased 11.52%, while EBITDA per tonne improved 5.02%.
Commenting on the results, Vishal S Budhia, Chairman and Managing Director, Steamhouse India Limited, said, “Our first results as a listed company mark the beginning of an important new phase for Steamhouse India Ltd. The growth in revenue, EBITDA and PAT, supported by higher steam volumes and improved EBITDA per tonne, reflects the strength of our operating platform. We have also improved the quality of our earnings by eliminating coal sales and sharpening our capital allocation towards the steam business.”
The company has also secured a ₹311-crore EPC mandate for the development of a 300 TPH steam project at Bulk Drug Park, Una. The project marks an expansion of Steamhouse India’s operations beyond Gujarat and will enable the company to provide dedicated steam generation and distribution infrastructure to industrial customers at the bulk drug park.
The Una project adds to the company’s existing project pipeline. Steamhouse India currently has four projects under construction, which are expected to commence operations in the second half of the financial year, subject to completion, commissioning and applicable approvals.
“ We now have a clear opportunity ahead; to execute our projects well, expand our presence across industrial clusters and scale our steam and nitrogen operations. With four projects under construction and a ₹311-crore mandate at Bulk Drug Park, Una, our focus is firmly on disciplined execution and creating sustainable long-term value for our stakeholders,” Mr Budhia added.
Steamhouse India is an Indian company focused on steam and energy management solutions for industrial customers. The company provides systems and services aimed at improving steam generation, distribution and utilisation, with a focus on energy efficiency, process reliability and operating cost reduction.
Its solutions cater to industries where steam is a critical part of manufacturing processes, helping customers optimise energy consumption and improve plant performance. Steamhouse India works with industrial facilities to address steam-system requirements, including equipment, process optimisation and energy-management needs.
