Venus Pipes & Tubes, 543528, VENUSPIPES Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

4,281.97
41.36
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

4,624.32
0.05%
3.92

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
24.70
13.30

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
31.08
5.43

PAT CAGR (%)

10 Years
5 Years
3 Years

-
26.34
5.85

P:E (Median)

8 Years
5 Years
3 Years

-
-
32.72

P:BV (Average)

8 Years
5 Years
3 Years

-
-
6.43

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
20.52

Earnings Forecasts:

(Updated: 07-11-2026)

Description 2026 2027 2028 2029
Adj EPS 49.22 61.45 86.14 109.68
P/E Ratio 37.92 30.37 21.66 17.01
Revenue 1166.85 1442.08 1748.52 2115.43
EBITDA 190.58 232.3 300.2 373.87
Net Income 101.96 134.87 191.05 239.05
ROA 8.84 8.81 10.86 11.68
P/B Ratio 5.78 4.48 3.57 3.17
ROE 16.99 15.61 16.73 18.84
FCFF -109.77 21.11 83.9 125.97
FCFF Yield -2.48 0.48 1.9 2.85
Net Debt 257.35 272.2 217.05 95.6
BVPS 322.69 416.51 522.06 588.42

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Sep 26 Sep 25 Var% Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var%
Net Sales 361.05 291.54 23.84% 320.54 276.41 15.97% 302.19 258.14 17.06% 296.70 231.30 28.27%
Expenses 309.39 244.03 26.78% 269.02 231.61 16.15% 252.79 216.53 16.75% 247.84 194.20 27.62%
EBITDA 51.67 47.51 8.76% 51.51 44.80 14.98% 49.41 41.61 18.75% 48.86 37.11 31.66%
EBIDTM 14.31% 16.30% 16.07% 16.21% 16.35% 16.12% 16.47% 16.04%
Other Income 5.47 2.97 84.18% 2.69 3.92 -31.38% 2.14 5.01 -57.29% 2.60 0.97 168.04%
Interest 13.79 10.10 36.53% 11.28 9.79 15.22% 10.48 9.42 11.25% 10.47 9.11 14.93%
Depreciation 8.75 5.96 46.81% 7.22 5.22 38.31% 6.29 4.79 31.32% 6.11 4.76 28.36%
PBT 34.59 34.42 0.49% 35.71 33.71 5.93% 34.96 32.41 7.87% 34.24 24.20 41.49%
Tax 8.56 8.33 2.76% 9.30 8.95 3.91% 9.46 8.71 8.61% 8.62 6.23 38.36%
PAT 26.02 26.09 -0.27% 26.41 24.76 6.66% 25.50 23.71 7.55% 25.61 17.97 42.52%
PATM 7.21% 8.95% 8.24% 8.96% 8.44% 9.18% 8.63% 7.77%
EPS 12.57 12.60 -0.24% 12.76 11.96 6.69% 12.32 11.45 7.60% 12.37 8.68 42.51%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19
Net Sales 1,280.48 1,166.85 958.53 802.20 552.40 386.95 309.33 177.81 118.75 Net Sales Growth 21.10% 21.73% 19.49% 45.22% 42.76% 25.09% 73.97% 49.73% Cost Of Goods Sold 831.01 770.53 639.51 575.29 444.59 315.05 261.47 156.99 101.63 Gross Profit 449.47 396.32 319.02 226.90 107.81 71.91 47.85 20.82 17.12 GP Margin 35.10% 33.96% 33.28% 28.28% 19.52% 18.58% 15.47% 11.71% 14.42% Total Expenditure 1,079.04 976.27 790.93 655.88 483.29 337.71 274.55 166.17 110.46 Power & Fuel Cost - 37.74 31.22 16.93 6.03 3.04 1.83 1.68 1.61 % Of Sales - 3.23% 3.26% 2.11% 1.09% 0.79% 0.59% 0.94% 1.36% Employee Cost - 50.43 37.95 22.37 10.18 6.25 3.20 2.67 2.53 % Of Sales - 4.32% 3.96% 2.79% 1.84% 1.62% 1.03% 1.50% 2.13% Manufacturing Exp. - 59.60 34.54 19.20 10.01 7.07 3.65 2.04 1.62 % Of Sales - 5.11% 3.60% 2.39% 1.81% 1.83% 1.18% 1.15% 1.36% General & Admin Exp. - 13.78 11.64 7.17 3.45 2.07 1.16 1.06 0.90 % Of Sales - 1.18% 1.21% 0.89% 0.62% 0.53% 0.38% 0.60% 0.76% Selling & Distn. Exp. - 38.11 31.05 11.55 6.48 3.05 1.89 1.01 0.89 % Of Sales - 3.27% 3.24% 1.44% 1.17% 0.79% 0.61% 0.57% 0.75% Miscellaneous Exp. - 6.09 5.03 3.37 2.56 1.20 1.35 0.72 1.27 % Of Sales - 0.52% 0.52% 0.42% 0.46% 0.31% 0.44% 0.40% 1.07% EBITDA 201.45 190.58 167.60 146.32 69.11 49.24 34.78 11.64 8.29 EBITDA Margin 15.73% 16.33% 17.49% 18.24% 12.51% 12.73% 11.24% 6.55% 6.98% Other Income 12.90 11.63 10.65 3.18 2.40 2.12 2.70 1.51 1.75 Interest 46.02 40.84 34.35 22.08 9.84 7.06 5.56 4.55 3.11 Depreciation 28.37 23.58 18.53 11.77 1.97 1.43 0.97 2.11 1.99 PBT 139.50 137.79 125.37 115.64 59.69 42.88 30.95 6.49 4.95 Tax 35.94 35.37 32.48 29.66 15.48 11.21 7.32 2.36 1.20 Tax Rate 25.76% 25.76% 25.91% 25.65% 25.93% 26.14% 23.65% 36.36% 24.24% PAT 103.54 101.96 92.89 85.98 44.21 31.67 23.63 4.13 3.75 PAT before Minority Interest 103.54 101.96 92.89 85.98 44.21 31.67 23.63 4.13 3.75 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 8.09% 8.74% 9.69% 10.72% 8.00% 8.18% 7.64% 2.32% 3.16% PAT Growth 11.90% 9.76% 8.04% 94.48% 39.60% 34.02% 472.15% 10.13% EPS 50.02 49.26 44.87 41.54 21.36 15.30 11.42 2.00 1.81

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19
Shareholder's Funds 668.48 531.48 406.09 322.20 128.53 39.93 16.28 12.17 Share Capital 20.72 20.43 20.30 20.30 15.22 8.73 8.73 8.73 Total Reserves 647.76 498.94 385.80 301.91 113.31 31.20 7.54 3.44 Non-Current Liabilities 112.00 42.15 42.48 26.74 15.56 19.45 20.06 14.64 Secured Loans 90.57 28.02 33.95 24.69 5.59 8.00 4.86 3.72 Unsecured Loans 0.00 0.00 0.00 0.00 8.67 10.49 13.73 10.68 Long Term Provisions 1.81 1.80 1.07 0.58 0.34 0.22 0.16 0.07 Current Liabilities 534.29 443.14 322.91 167.03 105.03 78.28 70.88 52.33 Trade Payables 297.33 239.87 173.83 74.11 38.46 42.42 41.30 32.46 Other Current Liabilities 41.40 27.73 25.19 21.68 11.09 10.65 6.83 4.71 Short Term Borrowings 164.51 148.07 100.17 56.47 44.08 14.81 20.35 13.26 Short Term Provisions 31.05 27.47 23.72 14.78 11.40 10.40 2.41 1.90 Total Liabilities 1,314.77 1,016.77 771.48 515.97 249.12 137.66 107.22 79.14 Net Block 398.96 309.51 281.82 59.86 21.36 19.60 12.28 9.77 Gross Block 460.98 347.96 301.73 68.00 27.85 24.66 16.38 11.76 Accumulated Depreciation 62.02 38.44 19.91 8.14 6.49 5.07 4.10 1.99 Non Current Assets 560.64 395.75 302.21 206.56 30.40 20.91 17.53 10.02 Capital Work in Progress 123.67 66.54 12.12 121.59 7.35 0.00 3.20 0.00 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 34.41 16.11 8.22 24.86 0.35 0.27 0.24 0.24 Other Non Current Assets 3.60 3.59 0.05 0.26 1.34 1.05 1.80 0.01 Current Assets 754.13 621.02 469.26 309.41 218.73 116.75 89.69 69.11 Current Investments 0.81 3.35 3.12 2.89 1.39 0.00 0.00 0.00 Inventories 386.89 342.78 225.94 166.94 93.46 44.18 44.28 36.17 Sundry Debtors 259.86 192.01 177.14 70.49 73.52 45.07 30.75 21.63 Cash & Bank 28.93 12.99 7.64 25.98 7.34 4.46 5.35 1.80 Other Current Assets 77.63 2.49 2.67 0.95 43.02 23.05 9.31 9.51 Short Term Loans & Adv. 73.38 67.39 52.76 42.16 41.26 22.54 9.30 9.46 Net Current Assets 219.84 177.88 146.36 142.38 113.70 38.47 18.81 16.79 Total Assets 1,314.77 1,016.77 771.47 515.97 249.13 137.66 107.22 79.13

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity 112.42 68.66 52.23 8.69 -60.00 11.33 2.41 PBT 137.33 125.37 115.64 59.69 42.88 30.95 6.49 Adjustment 59.05 44.35 29.72 7.06 5.57 5.12 4.13 Changes in Working Capital -50.84 -82.76 -73.02 -39.37 -97.44 -24.01 -7.10 Cash after chg. in Working capital 145.55 86.95 72.34 27.38 -48.99 12.06 3.51 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -33.13 -18.29 -20.11 -18.69 -11.02 -0.73 -1.10 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -202.82 -114.19 -99.73 -167.38 -22.83 -2.42 -12.36 Net Fixed Assets -170.15 -100.65 -124.26 -154.39 -10.54 -5.08 Net Investments 2.54 -0.23 -0.23 -1.50 -1.39 0.00 Others -35.21 -13.31 24.76 -11.49 -10.90 2.66 Cash from Financing Activity 93.65 47.43 37.78 169.45 82.77 -9.19 10.02 Net Cash Inflow / Outflow 3.25 1.89 -9.72 10.75 -0.06 -0.28 0.07 Opening Cash & Equivalents 2.94 1.04 10.76 0.01 0.07 0.35 0.28 Closing Cash & Equivalent 6.18 2.94 1.04 10.77 0.01 0.07 0.35

Financial Ratios

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 322.69 254.21 200.09 158.75 84.44 30.48 18.64 ROA 8.75% 10.39% 13.36% 11.56% 16.37% 19.30% 4.43% ROE 17.17% 20.07% 23.61% 19.62% 37.60% 84.09% 29.02% ROCE 21.25% 24.99% 28.45% 22.99% 37.04% 53.57% 21.98% Fixed Asset Turnover 2.88 2.95 4.34 11.53 14.74 15.07 12.64 Receivable days 70.67 70.28 56.33 47.58 55.93 44.73 53.76 Inventory Days 114.12 108.28 89.38 86.03 64.92 52.19 82.57 Payable days 127.24 118.06 78.65 46.21 46.85 58.43 85.74 Cash Conversion Cycle 57.56 60.51 67.06 87.40 73.99 38.48 50.58 Total Debt/Equity 0.43 0.37 0.37 0.28 0.50 0.94 2.62 Interest Cover 4.36 4.65 6.24 7.06 7.08 6.57 2.42

Top Investors:

kotak mahindra life insurance company ltd.

pioneer investment fund scheme ii

nippon life india trustee ltd-a/c nippon india sma

sundaram mutual fund a/c sundaram small cap fund

ambit india ascension fund

Annual Reports:

News Update:

Venus Pipes & Tubes bags order worth Rs 29 crore for pipe spooling
31st Oct 2026, 10:34 AM

The balance value under the LOI is expected to be converted into firm orders in a phased manner
Read More
Venus Pipes starts pipe spooling operations ahead of schedule
21st Oct 2026, 11:45 AM

By commencing production ahead of schedule, company aims to establish manufacturing readiness in advance of anticipated customer order
Read More
Venus Pipes & Tubes commences additional 6.1 MW DC solar power unit
18th Aug 2026, 09:01 AM

With the commissioning of this additional capacity, the company’s total solar power capacity now stands at 7.4 MW DC
Read More
Venus Pipes & Tubes - Quarterly Results
11th Aug 2026, 00:00 AM

Read More

Venus Pipes & Tubes Ltd.

Steel & Iron Products

BSE: 543528 | NSE: VENUSPIPES

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update:

Venus Pipes & Tubes Ltd.

Steel & Iron Products

BSE: 543528 | NSE: VENUSPIPES

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update: