1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Venus Pipes & Tubes Ltd.

Venus Pipes & Tubes Ltd.

1,787.00
INR
-46.60
(-2.54%)
50.24EPS
34.38P/E
35.85BMarket Cap
Nov 17Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
58.51
87.61
152.41
189.13
279.39
386.64
451.41
541.27
588.27
Basic EPS, GAAP
1.85
2.03
11.64
15.6
22.6
42.36
45.65
49.51
50.33
Free Cash Flow per Basic Share
-4.31
-2.47
3.1
-39.69
-78.31
-27.2
-19.52
-37.02
- -
Dividend per Share
- -
- -
- -
- -
0.52
1
1
1
- -
Book Value per Share
6
8.02
19.67
63.33
158.75
200.08
260.95
322.69
- -
Tangible Book Value per Share
6
7.99
19.64
63.28
158.7
199.67
260.61
322.13
- -
Basic Weighted Avg Shares
20
20
20
20
20
20
20
21
21
Sales/Revenue/Turnover
1,188
1,778
3,093
3,839
5,465
7,847
9,185
11,148
12,110
Operating Margin (%)
6.09
5.9
10.98
12.67
12.32
17.15
16.43
15.23
14.18
Depreciation Expense
20
21
10
14
20
118
185
236
256
Net Income, GAAP
38
41
236
317
442
860
929
1,020
1,036
Effective Tax Rate (%)
24.18
36.36
23.64
26.14
25.93
25.65
25.91
25.75
25.64
Profit Margin (%)
3.16
2.32
7.64
8.25
8.09
10.96
10.11
9.15
8.56
Working Capital
168
188
385
1,137
1,424
1,464
1,779
2,198
- -
LT Debt
144
190
188
145
247
340
280
920
- -
Total Equity
122
163
399
1,285
3,222
4,061
5,315
6,685
- -
Return on Invested Capital (%)
- -
12.94
32.74
23.99
15.91
20.03
16.76
14.41
- -
Return on Capital (%)
- -
12.19
39.92
26.36
16.62
20.91
18.15
15.46
- -
Return on Common Equity (%)
- -
29.02
84.09
37.6
19.62
23.61
19.81
16.99
- -

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
24,039
18,520
35,849

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
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Arun Axaykumar Kothari
Full Time Employees
1,669
Sector
Non-energy minerals
Industry
Steel
Address
Tripada Complex Kutch GU India 370201
IPO Date
May 24, 2022
Website
venuspipes.com
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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.