Kathmandu: Sarbottam Steel, one of the country’s leading steel manufacturers, has recorded robust growth with its annual turnover jumping nearly 27 percent in 2025 to reach Rs 8.73 billion, up from Rs 6.86 billion the previous year.
The company, operated under the Saurabh Group, has shown a clear recovery after a dip in 2024, when sales had fallen from Rs 8.93 billion in 2022 and Rs 7.75 billion in 2023. The latest figures mark a strong rebound and represent the highest revenue the company has achieved since its public listing.
Established in 2017 and converted into a public limited company in 2021, Sarbottam Steel now operates a plant with an annual production capacity of 764,160 metric tons. It produces TMT bars (reinforcing steel), billets, and binding wire, with TMT bars alone accounting for around 90 percent of total revenue in both 2024 and 2025. The remaining income comes from billet sales and binding wire.
The company reported a net profit margin of 2.19 percent in the last fiscal year, while its accumulated reserves grew significantly to Rs 409 million – more than doubling from Rs 174 million in 2024.
Currently chaired by Bishnu Prasad Neupane and governed by a five-member board, Sarbottam Steel recently secured credit ratings for a combined Rs 6.44 billion in long-term and short-term bank facilities. This includes Rs 1.03 billion rated for long-term loans and Rs 5.41 billion for short-term working capital financing, reflecting continued confidence from lenders in the company’s operations and growth trajectory.
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