Venus Pipes & Tubes LimitedVENUSPIPESCorporate

Steel - Medium / Small Latest results: Jun 2026 15 quarters of data
₹1,909.40
MCap ₹3,956 Cr · P/E 38.0
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹321 Cr
Sales · Jun 2026
+16.1% YoY
₹52 Cr
Operating Profit · Jun 2026
+14.5% YoY
16.1%
OPM % · Jun 2026
-1.2% YoY
₹26 Cr
Net Profit · Jun 2026
+5.6% YoY
₹12.75
EPS · Jun 2026
+5.5% YoY

📝 Venus Pipes & Tubes Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Venus Pipes & Tubes Limited reported revenue of ₹321 crore for the quarter ended June 2026 (Q1 FY27), up 16.1% from ₹276 crore in the same quarter last year, and up 6.1% sequentially over the March 2026 quarter.

Net profit rose 5.6% year-on-year to ₹26 crore, from ₹25 crore. Earnings per share (EPS) came in at ₹12.75.

Operating profit stood at ₹52 crore — an operating margin (OPM) of 16.1%, compared with 16.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Venus Pipes & Tubes Limited posted revenue of ₹1,167 crore, a growth of 21.7% over FY25, with a net profit of ₹103 crore (up 9.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,211 crore with a net profit of ₹104 crore.

Valuation snapshot

At the current price of ₹1,909.40, VENUSPIPES has a market capitalisation of ₹3,956 crore and a trailing P/E of about 38.0.

Within the Steel - Medium / Small industry, it is the 11th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 48.41%, foreign institutional investors (FIIs) 2.63%, domestic institutional investors (DIIs) 17.81%, public shareholders 31.15% of Venus Pipes & Tubes Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹3,956 Cr
Current Price ?
₹1,909.4
P/E ?
38.03above ind
Industry P/E ?
20.50
P/B ?
5.91
P/S ?
3.27
P/FCF ?
-52.05
Enterprise Value ?
₹4,153 Cr
EV/EBITDA ?
21.04
PEG ?
1.19
Earnings Yield ?
4.1%
Dividend Yield ?
0.05%
Profitability & Returns
Sales (TTM) ?
₹1,211 Cr
OPM ?
16.3%
Profit after tax (TTM) ?
₹104 Cr
EPS (TTM) ?
₹50.21
ROCE ?
22.0%
ROE ?
15.5%
ROA ?
8.0%
Growth
Sales — latest qtr ?
₹321 Cr
PAT — latest qtr ?
₹26 Cr
YoY qtr sales growth ?
16.1%
YoY qtr profit growth ?
5.6%
Sales growth (3y) ?
28%
Sales growth (5y) ?
30%
Profit growth (3y) ?
32%
Profit growth (5y) ?
34%
Financial Health
Debt ?
₹197 Cr
Debt to Equity ?
0.29
Interest Coverage ?
4.1
Current Ratio ?
N/A
Ownership
Promoter holding ?
48.41%
Change in promoter holding ?
0.29%
Pledged percentage ?
N/A
Market
Return 3 months ?
11.7%
Return 6 months ?
48.0%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 136176180191207224240229231258276292297302321 +16.1% +6.1%
Operating Profit 182228353945489037424548494952 +14.5% +5.1%
Other Income 011020111543323 -32.8% +34.5%
Interest 233568813991010101011 +12.8% +12.8%
Depreciation 111344495556667 +44.3% +20.3%
Profit Before Tax 151923273134376924323434343536 +5.0% +2.0%
Net Profit 111317202325282418242526262626 +5.6% +1.6%
EPS 5.776.628.589.9811.4712.3413.5811.628.8411.6012.0812.6712.4612.3112.75 +5.5% +3.6%
OPM % 12.9% 12.5% 15.6% 18.3% 18.8% 20.1% 20.0% 39.4% 16.0% 16.3% 16.3% 16.4% 16.5% 16.2% 16.1% -1.2% -0.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹958 Cr ₹1,167 Cr ₹1,211 Cr +21.7%
Operating Profit ₹217 Cr ₹191 Cr ₹197 Cr -12.2%
OPM % 22.68% 16.36% 16.30% -27.9%
NPM % 9.81% 8.80% 8.59% -10.3%
Other Income ₹8 Cr ₹12 Cr ₹10 Cr +46.8%
Depreciation ₹23 Cr ₹23 Cr ₹25 Cr +1.6%
Interest ₹40 Cr ₹40 Cr ₹42 Cr +2.2%
EBIT ₹195 Cr ₹168 Cr ₹172 Cr -13.8%
PBT ₹162 Cr ₹137 Cr ₹139 Cr -15.3%
Tax ₹6 Cr ₹9 Cr ₹18 Cr +38.5%
Net Profit ₹94 Cr ₹103 Cr ₹104 Cr +9.2%
EPS ₹45.64 ₹49.52 ₹50.19 +8.5%
Material Cost ₹188 Cr ₹226 Cr ₹458 Cr +20.2%
Employee Cost ₹10 Cr ₹13 Cr ₹28 Cr +22.5%
Extraordinary Items — ₹-1 Cr ₹-1 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 20202021 +5.0%
Reserves 302386511648 +26.8%
Borrowings 90149192197 +2.6%
Other Liabilities 95202285435 +52.6%
Total Liabilities 5077581,0081,300 +29.0%
Fixed Assets 60282310399 +28.7%
CWIP 1221267124 +85.1%
Investments 3331 -66.7%
Other Assets 323461629776 +23.4%
Total Assets 5077581,0081,300 +29.0%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 95269112 +62.3%
Cash from Investing Activity -167-100-114-203 -78.1%
Cash from Financing Activity 169384794 +100.0%
Net Cash Flow 11-1023 +50.0%
Free Cash Flow -153-55-40-76 -90.0%
CFO/OP 40%49%52%76% +46.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 47817381 +11.0%
Inventory Days 137143196183 -6.6%
Days Payable 61110137141 +2.9%
Cash Conversion Cycle 123114132124 -6.1%
Working Capital Days 75626260 -3.2%
ROCE % 23%28%25%22% -12.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 48.12%48.44%48.41%48.41%48.41% +0.0%
FIIs 4.93%4.25%3.97%2.71%2.63% -3.0%
DIIs 14.96%15.13%17.35%17.49%17.81% +1.8%
Public 32.00%32.17%30.27%31.38%31.15% -0.7%
No. of Shareholders 58,34460,83758,70057,31753,604 -6.5%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 KAMDHENU Kamdhenu ₹42.92 1,210 14.1 781 86 12.9% 11.0% 2.1% 30.0% 8.7% 38.1%
❓ Frequently asked questions
What was Venus Pipes & Tubes Limited's revenue in Q1 FY27?
Venus Pipes & Tubes Limited reported revenue of ₹321 crore for the quarter ended June 2026 (Q1 FY27), up 16.1% from ₹276 crore in the same quarter last year, and up 6.1% sequentially over the March 2026 quarter.
What was Venus Pipes & Tubes Limited's net profit in Q1 FY27?
Net profit rose 5.6% year-on-year to ₹26 crore, from ₹25 crore. Earnings per share (EPS) came in at ₹12.75.
What is VENUSPIPES's market capitalisation and P/E ratio?
At the current price of ₹1,909.40, VENUSPIPES has a market capitalisation of ₹3,956 crore and a trailing P/E of about 38.0.
Who owns Venus Pipes & Tubes Limited? (shareholding pattern)
As of Jun 2026, promoters held 48.41%, foreign institutional investors (FIIs) 2.63%, domestic institutional investors (DIIs) 17.81%, public shareholders 31.15% of Venus Pipes & Tubes Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI