Company & Filing Details

Company Overview

Remi Edelstahl Tubulars Limited is described as India's pioneer in stainless steel pipe and tube manufacturing since 1970. The company has a global presence and serves 100+ customers across India and global markets. Key operational metrics include:

  • 50+ years of manufacturing excellence
  • 300+ skilled workforce
  • One-stop shop for widest range of products from 6mm to 2000mm OD and from 0.45mm to 80mm THK

Product Portfolio & Applications

The company manufactures four main product categories:

1. SS Welded Pipes: Serving oil & gas, water treatment, and fertilizer industries. Capable of manufacturing large-diameter stainless steel piping with Advanced Super Duplex capability across sizes from ½" NB up to 80" OD and wall thickness up to 80 mm. Complies with ASTM A-358, A-778, A-928 and A-312 standards.

2. SS Cold Drawn Seamless Tubes: Serving thermal & nuclear power, defence & aerospace, and oil & gas industries. Supplied specialty seamless pipes to the Indian Navy (submarine-grade precision) in FY26. Precision-engineered in sizes from 6 mm to 76 mm OD with wall thickness of 0.8-10 mm, as per ASTM A-213, A-268, A-269 and A-789.

3. SS Welded Tubes: Serving thermal & nuclear power, chemicals & HVAC, food, dairy & pharma industries. Provides custom U-bends and engineered tube solutions, approved by leading EPC contractors.

The company holds strategic approvals including BIS, IRS, and IBR.

Manufacturing Excellence

  • 51,000 sq.m integrated manufacturing facility at Tarapur
  • 12,000 MT annual installed capacity
  • Quality Standards: ISO 9001, ISO 14001, ISO 45001
  • International Certifications: PED 2014/68/EU, AD 2000-Merkblatt W0, NORSOK M650
  • Testing capabilities: Chemical & Mechanical Testing (elemental analysis, corrosion evaluation, ASTM-compliant testing), Non-Destructive Testing (ultrasonic, eddy current, hydrostatic and radiographic inspection)
  • Customer Qualification: Approved by leading EPC consultants and global project owners

Sustainability Initiatives

  • Wind energy supplies over 50% of power requirement (Dhule windmills)
  • Zero Liquid Discharge (ZLD) facility with 100% water re-use
  • 5% reduction in power consumption over the last 2 years

Historical Milestones

  • 1972: Introduced India's first 70mm thick welded pipe and coil-form tubes
  • Recent: Commercial production of electropolished tubes commenced under WSG partnership for food, dairy, pharma, semiconductor
  • Delivered critical tubing for nuclear power projects
  • Strategic partnership with WSG Co. Ltd., South Korea

Market Opportunity

The global stainless steel pipes and tubes market was valued at approximately USD 38.9 Billion in 2025 and is projected to reach USD 60.1 Billion by 2034, estimated to grow at a CAGR of around 4.6% during 2026-2034. Specific growth drivers mentioned:

  • Nuclear capacity scaling from 22 GW to 100 GW by 2047
  • Mumbai: 7 STPs under construction
  • Bengaluru (BWSSB): 185 MLD under construction, ~2,464 MLD combined capacity, 20 existing plant upgrades
  • Delhi and other major cities scaling up sewage treatment capacity
  • Material trend: Stainless steel increasingly specified for corrosion resistance in continuous wastewater contact

Business Updates - Q1 FY27

  • Approval secured from a Middle East refinery for heat-exchanger tube supply
  • First supplies of OD-polished tubes completed
  • 5 new customers added across oil & gas and water treatment industries
  • Multiple export orders worth over ₹10 crores from oil majors in the Middle East
  • Order for supplying corrosion resistant alloy (CRA) grade Mechanical standard pipes in mineral processing industry
  • Multiple orders worth over ₹12 crores for specialty seamless and welded tubing for refining and refrigeration applications
  • First export order received for Seamless High Purity Tubes marking start of sales in new product line

Strategic Partnership with WSG Co. Ltd.

The technology partnership with WSG Co. Ltd., South Korea has progressed from setup to full execution:

  • Machinery installed and technical collaboration live in record time of only 9 months
  • Product trials with WSG's technology successfully completed
  • Trial orders for High Purity Tubes received from domestic and overseas clients
  • Planning to add further production lines to scale capacity amid growing demand
  • Expanding into high-purity tube segment for semiconductors, biotech, life sciences and AI data centers

Financial Performance - Q1 FY27 (₹ in lakhs)

| Metric | Q1 FY27 | Q1 FY26 | YoY Growth | FY26 Full Year |

| Total Income | 3,537.17 | 2,734.74 | 29.34% | 14,291.88 |

| EBITDA | 204.40 | 144.83 | 41.13% | 911.22 |

| Profit Before Tax | 61.15 | 27.62 | 121.40% | 372.94 |

| Profit After Tax | 45.14 | 21.07 | 114.24% | 274.25 |

| Cash PAT | 127.87 | 110.83 | 15.37% | 631.51 |

Disclaimer

The presentation includes standard forward-looking statements disclaimer noting that it contains statements regarding the company's market opportunity and business prospects that are forward-looking statements subject to known and unknown risks and uncertainties. The presentation does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities.