Venus Pipes & Tubes Ltd.

Venus Pipes & Tubes Ltd.

1,788.85
INR
-43.10
(-2.35%)
50.24EPS
34.47P/E
35.94BMarket Cap
Nov 17Next Earn
Venus Pipes & Tubes Ltd.
BSE:VENUSPIPES
(Bombay Stock Exchange)

Recent

price

1,788.85

P/E

ratio

34.47

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
58.51
87.61
152.41
189.13
279.39
386.64
451.41
541.27
588.27
Revenue per Share
1.85
2.03
11.64
15.6
22.6
42.36
45.65
49.51
50.33
Basic EPS, GAAP
-4.31
-2.47
3.1
-39.69
-78.31
-27.2
-19.52
-37.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.52
1
1
1
- -
Dividend per Share
6
8.02
19.67
63.33
158.75
200.08
260.95
322.69
- -
Book Value per Share
6
7.99
19.64
63.28
158.7
199.67
260.61
322.13
- -
Tangible Book Value per Share
20
20
20
20
20
20
20
21
21
Basic Weighted Avg Shares
1,188
1,778
3,093
3,839
5,465
7,847
9,185
11,148
12,110
Sales/Revenue/Turnover
6.09
5.9
10.98
12.67
12.32
17.15
16.43
15.23
14.18
Operating Margin (%)
20
21
10
14
20
118
185
236
256
Depreciation Expense
38
41
236
317
442
860
929
1,020
1,036
Net Income, GAAP
24.18
36.36
23.64
26.14
25.93
25.65
25.91
25.75
25.64
Effective Tax Rate (%)
3.16
2.32
7.64
8.25
8.09
10.96
10.11
9.15
8.56
Profit Margin (%)
168
188
385
1,137
1,424
1,464
1,779
2,198
- -
Working Capital
144
190
188
145
247
340
280
920
- -
LT Debt
122
163
399
1,285
3,222
4,061
5,315
6,685
- -
Total Equity
- -
12.94
32.74
23.99
15.91
20.03
16.76
14.41
- -
Return on Invested Capital (%)
- -
12.19
39.92
26.36
16.62
20.91
18.15
15.46
- -
Return on Capital (%)
- -
29.02
84.09
37.6
19.62
23.61
19.81
16.99
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,951
- -
LT Borrowings
- -
906
- -
LT Finance Leases
- -
15
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
24,143
18,493
35,939

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
7,389
- -
Cash, Cash Equivalents & STI
- -
70
- -
Accounts Receivable, Net
- -
2,599
- -
Inventories
- -
3,869
- -
Total Current Liabilities
- -
5,191
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,951
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
91.05%
25.78%
Free Cash Flow
- -
-258.24%
91.92%
Net Income, GAAP
- -
37.18%
9.77%
Sales/Revenue/Turnover
- -
29.69%
21.37%
Total Cash Common Dividend
- -
- -
1.52%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,401
2,289
2,313
2,581
9,185
2026
2,764
2,915
2,967
3,022
11,148
2027
3,205
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
13.58
11.63
8.84
11.65
45.65
2026
12.12
12.74
12.46
12.38
49.51
2027
12.75
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -
Business
Venus Pipes and Tubes Limited Venus Pipes and Tubes Limited manufactures and exports stainless steel pipes and tubes from its facility in Kutch, Gujarat, India, where the company was incorporated in 2015. The company produces welded and seamless products including high precision and heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes, box pipes, and U-tubes under the Venus brand; these serve diverse industries such as oil and gas, petrochemicals, power generation, chemicals and fertilizers, pharmaceuticals, food and beverage processing, marine equipment, aerospace, automotive, nuclear power, and pulp and paper across more than 30 countries. Operations leverage advanced manufacturing technologies like hot piercing, pilgers, tube mills, JCO forming presses, draw benches, and annealing furnaces on a 124,000 square meter site near Kandla and Mundra ports, with total installed capacity reaching 42,000 MTPA including backward integration of 14,400 MTPA for seamless products and rigorous in-house quality testing adhering to international standards such as ISO 9001, ISO 14001, and NABL accreditation. In recent developments, Venus Pipes commenced operations of a new 3,600 MTPA value-added welded tubes facility in May 2025, boosting total welded capacity to 27,600 MTPA and entering high-margin segments for critical applications; the company also secured a Rs 190 crore order for seamless boiler tubes from a leading Indian power plant equipment manufacturer, plans fittings capacity addition by H2 FY26 to offer integrated piping solutions, and reported record FY25 revenue of Rs 958.5 crore with exports growing over threefold.