Vibhor Steel Tubes LimitedVSTLCorporate

Steel - Medium / Small Latest results: Jun 2026 14 quarters of data
₹98.32
MCap ₹186 Cr · P/E 24.6
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.
₹294 Cr
Sales · Jun 2026
+27.2% YoY
₹12 Cr
Operating Profit · Jun 2026
+18.7% YoY
4.1%
OPM % · Jun 2026
-6.8% YoY
₹2 Cr
Net Profit · Jun 2026
-38.6% YoY
₹1.02
EPS · Jun 2026
-38.6% YoY

📝 Vibhor Steel Tubes Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Vibhor Steel Tubes Limited reported revenue of ₹294 crore for the quarter ended June 2026 (Q1 FY27), up 27.2% from ₹231 crore in the same quarter last year, and down 12.4% sequentially over the March 2026 quarter.

Net profit fell 38.6% year-on-year to ₹2 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹1.02.

Operating profit stood at ₹12 crore — an operating margin (OPM) of 4.1%, compared with 4.4% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Vibhor Steel Tubes Limited posted revenue of ₹1,149 crore, a growth of 15.4% over FY25, with a net profit of ₹9 crore (down 25.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,212 crore with a net profit of ₹8 crore.

Valuation snapshot

At the current price of ₹98.32, VSTL has a market capitalisation of ₹186 crore and a trailing P/E of about 24.6.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.96%, foreign institutional investors (FIIs) 0.03%, public shareholders 25.02% of Vibhor Steel Tubes Limited.

Promoter holding rose from 74.74% to 74.96% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹186 Cr
Current Price ?
₹98.3
P/E ?
24.61above ind
Industry P/E ?
20.50
P/B ?
0.95
P/S ?
0.15
P/FCF ?
-62.15
Enterprise Value ?
₹379 Cr
EV/EBITDA ?
8.36
PEG ?
N/A
Earnings Yield ?
6.6%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹1,212 Cr
OPM ?
3.7%
Profit after tax (TTM) ?
₹8 Cr
EPS (TTM) ?
₹4.00
ROCE ?
8.0%
ROE ?
3.8%
ROA ?
1.7%
Growth
Sales — latest qtr ?
₹294 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
27.2%
YoY qtr profit growth ?
-38.6%
Sales growth (3y) ?
1%
Sales growth (5y) ?
18%
Profit growth (3y) ?
-23%
Profit growth (5y) ?
28%
Financial Health
Debt ?
₹193 Cr
Debt to Equity ?
0.98
Interest Coverage ?
1.7
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.96%
Change in promoter holding ?
1.31%
Pledged percentage ?
N/A
Market
Return 3 months ?
-12.1%
Return 6 months ?
-27.3%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 305250280251291225236247288231282302335294 +27.2% -12.4%
Operating Profit 11914131397101110991512 +18.7% -21.5%
Other Income 110010001002-10 +246.2% +121.8%
Interest 43655333344444 +6.8% -2.2%
Depreciation 22223233324566 +142.9% -0.3%
Profit Before Tax 64767424742243 -37.4% -37.1%
Net Profit 43545313431232 -38.6% -24.9%
EPS 3.142.353.653.042.581.590.471.812.341.660.750.871.361.02 -38.6% -25.0%
OPM % 3.5% 3.5% 5.0% 5.1% 4.5% 4.0% 2.9% 3.9% 3.9% 4.4% 3.2% 3.0% 4.6% 4.1% -6.8% -10.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹996 Cr ₹1,149 Cr ₹1,212 Cr +15.4%
Operating Profit ₹37 Cr ₹43 Cr ₹45 Cr +18.8%
OPM % 3.67% 3.78% 3.75% +3.0%
NPM % 1.18% 0.76% 0.63% -35.6%
Other Income ₹2 Cr ₹2 Cr ₹2 Cr -15.3%
Depreciation ₹10 Cr ₹17 Cr ₹20 Cr +61.1%
Interest ₹11 Cr ₹16 Cr ₹16 Cr +42.2%
EBIT ₹26 Cr ₹27 Cr ₹25 Cr +2.0%
PBT ₹17 Cr ₹12 Cr ₹11 Cr -26.5%
Tax ₹3 Cr ₹2 Cr ₹2 Cr -31.5%
Net Profit ₹12 Cr ₹9 Cr ₹8 Cr -25.3%
EPS ₹6.21 ₹4.64 ₹4.00 -25.3%
Material Cost ₹458 Cr ₹733 Cr ₹806 Cr +60.3%
Employee Cost ₹13 Cr ₹20 Cr ₹22 Cr +57.8%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 14191919 +0.0%
Reserves 79159169178 +5.3%
Borrowings 152142171193 +12.9%
Other Liabilities 486411449 -57.0%
Total Liabilities 294383473439 -7.2%
Fixed Assets 546969163 +136.2%
CWIP 0126820 -70.6%
Investments 0000 —
Other Assets 239302337256 -24.0%
Total Assets 294383473439 -7.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 763661 +69.4%
Cash from Investing Activity -16-42-58-70 -20.7%
Cash from Financing Activity 1335166 -62.5%
Net Cash Flow 5-1-5-3 +40.0%
Free Cash Flow -4-27-21-3 +85.7%
CFO/OP 25%27%111%150% +35.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 18172618 -30.8%
Inventory Days 43657844 -43.6%
Days Payable 15213610 -72.2%
Cash Conversion Cycle 46616952 -24.6%
Working Capital Days 7262510 -60.0%
ROCE % 18%15%8%8% +0.0%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 73.65%73.65%73.65%74.62%74.74%74.96% +0.3%
FIIs 0.16%0.07%0.03%0.31%0.15%0.03% -80.0%
DIIs 0.00%0.00%0.00%0.00%—— —
Public 26.18%26.29%26.32%25.07%25.11%25.02% -0.4%
No. of Shareholders 29,86729,71928,62827,71127,07226,429 -2.4%

⚖️ 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 VSTL Vibhor Steel ₹119.00 226 29.8 1,212 8 3.7% 0.6% 15.4% -25.3% 27.2% -38.6%
❓ Frequently asked questions
What was Vibhor Steel Tubes Limited's revenue in Q1 FY27?
Vibhor Steel Tubes Limited reported revenue of ₹294 crore for the quarter ended June 2026 (Q1 FY27), up 27.2% from ₹231 crore in the same quarter last year, and down 12.4% sequentially over the March 2026 quarter.
What was Vibhor Steel Tubes Limited's net profit in Q1 FY27?
Net profit fell 38.6% year-on-year to ₹2 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹1.02.
What is VSTL's market capitalisation and P/E ratio?
At the current price of ₹98.32, VSTL has a market capitalisation of ₹186 crore and a trailing P/E of about 24.6.
Who owns Vibhor Steel Tubes Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.96%, foreign institutional investors (FIIs) 0.03%, public shareholders 25.02% of Vibhor Steel 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