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Steamhouse India hits upper circuit after strong Q1 results
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CNBC Awaaz•06-10-2026, 10:02
Steamhouse India hits upper circuit after strong Q1 results
- •Steamhouse India shares hit a 10 percent upper circuit reaching 118.45 rupees after strong financial results for the first quarter of financial year 2027.
- •The company reported an 80 percent year-on-year jump in net profit reaching 18 crore rupees compared to 10.2 crore rupees in the previous year.
- •Revenue from operations increased by 13 percent to 128 crore rupees while EBITDA surged by 60 percent to 31 crore rupees.
- •The company was listed on the stock market last month on September 17 2026 at a premium and is currently trading 46 percent above its IPO issue price of 81 rupees.
Key Questions Answered
Steamhouse India hit a 10% upper circuit after reporting an 80% year-on-year jump in profit after tax to ₹18 crore and a 60% surge in EBITDA to ₹31 crore for the first quarter of financial year 2027.
Following its Q1 FY27 results, the stock rose to an upper price band high of ₹118.45 on Tuesday, trading roughly 46% above its IPO issue price of ₹81.
Steamhouse India made its debut on the stock market on September 17, 2026, listing on the NSE at a premium over its issue price.
