Steamhouse India Limited
NSE: STEAMHOUSE · Industrial Gases
Snapshot
Unlock Steamhouse India Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Steamhouse India Limited specializes in the generation and centralized distribution of industrial gases like steam and nitrogen through an extensive pipeline network. Operating as a pioneer of the community boiler system in India, the company supplies vital utilities directly to industrial customers across sectors such as pharmaceuticals, chemicals, textiles, and agro-chemicals.
Business Model
The company generates revenue by producing and distributing steam through centralized community boilers and separating and compressing nitrogen for industrial clients via a pipeline network. It also engages in invoice-only coal trading to secure operational fuel.
- Installed Steam Capacity:345 tonnes per hour
- Annual Installed Capacity:2,185,920 tonnes per annum
- Pipeline Network Length:60,151 meters
Management Commentary
Management emphasizes strong customer retention, with repeat customers accounting for a significant majority of operational revenue and reflecting the reliability of the centralized pipeline infrastructure.
- Repeat Customer Revenue Share:90.72%
Growth Outlook
Growth is driven by the expansion of its community boiler infrastructure and increasing industrial adoption of centralized utility outsourcing in key manufacturing clusters.
- FY2026 Revenue from Operations:4,915.11 million rupees
- FY2025 Revenue from Operations:3,951.06 million rupees
Key Risks
- Fuel Price Volatility. Fluctuations in coal and raw fuel prices can impact the cost of steam generation and compress operating margins.
- Concentration Risk. Operations are heavily concentrated in Gujarat, exposing the company to regional regulatory and economic shocks.
- Customer Sector Dependency. Demand is closely tied to the financial health and production cycles of key client sectors like chemicals, pharmaceuticals, and textiles.
Start your research today
Unlock AI insights, financials, peers and live data on Steamhouse India Limited and 5,000+ companies — free.
Peers · Industrial Gases
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Steamhouse India LimitedSTEAMHOUSE | ₹3,646 Cr | — | — | — | 17.0% | — | — | — |
Linde India Ltd.LINDEINDIA | ₹49,107 Cr | 89.9× | 52.55 | 10.4% | 35.1% | 13.5% | 15.9% | -4.2% |
Ellenbarrie Industrial Gases LtdELLEN | ₹4,530 Cr | 37.5× | 25.67 | — | 51.4% | 12.3% | 14.5% | -30.6% |
Refex Industries LimitedREFEX | ₹2,994 Cr | 11.5× | 6.01 | 47.9% | 15.1% | 18.3% | 28.7% | -40.7% |
Stallion India Fluorochemicals LimitedSTALLION | ₹2,143 Cr | 32.1× | 27.19 | — | 16.4% | 10.6% | 14.4% | -32.7% |
As of Mar 2026
Financials
Steamhouse India Limited
NSE: STEAMHOUSE · Industrial Gases
Snapshot
Unlock Steamhouse India Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Steamhouse India Limited specializes in the generation and centralized distribution of industrial gases like steam and nitrogen through an extensive pipeline network. Operating as a pioneer of the community boiler system in India, the company supplies vital utilities directly to industrial customers across sectors such as pharmaceuticals, chemicals, textiles, and agro-chemicals.
Business Model
The company generates revenue by producing and distributing steam through centralized community boilers and separating and compressing nitrogen for industrial clients via a pipeline network. It also engages in invoice-only coal trading to secure operational fuel.
- Installed Steam Capacity:345 tonnes per hour
- Annual Installed Capacity:2,185,920 tonnes per annum
- Pipeline Network Length:60,151 meters
Management Commentary
Management emphasizes strong customer retention, with repeat customers accounting for a significant majority of operational revenue and reflecting the reliability of the centralized pipeline infrastructure.
- Repeat Customer Revenue Share:90.72%
Growth Outlook
Growth is driven by the expansion of its community boiler infrastructure and increasing industrial adoption of centralized utility outsourcing in key manufacturing clusters.
- FY2026 Revenue from Operations:4,915.11 million rupees
- FY2025 Revenue from Operations:3,951.06 million rupees
Key Risks
- Fuel Price Volatility. Fluctuations in coal and raw fuel prices can impact the cost of steam generation and compress operating margins.
- Concentration Risk. Operations are heavily concentrated in Gujarat, exposing the company to regional regulatory and economic shocks.
- Customer Sector Dependency. Demand is closely tied to the financial health and production cycles of key client sectors like chemicals, pharmaceuticals, and textiles.
Start your research today
Unlock AI insights, financials, peers and live data on Steamhouse India Limited and 5,000+ companies — free.
Peers · Industrial Gases
As of Mar 2026