Venus Pipes & Tubes Ltd (VENUSPIPES)
₹1,700.10
Mkt cap
₹3,514 Cr
P/E ratio
34.40
P/B
5.26
Div yield
0.06%
ROE
17.00%
ROCE
22.50%
EPS (TTM)
₹49.42
Book value
₹323
52W range
894–1,845
Sector
Industrials
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes. [1]
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsBullish
52-week range
−7.87% from high₹1,700
₹894+90.17% from low₹1,845
Current
₹1,700.10
Prev close
₹1,704.00
Day
−0.23%
Price performance
1D
−0.23%
1W
−0.09%
1M
+0.21%
3M
+26.93%
6M
+66.95%
1Y
+4.03%
YTD
+40.88%
Financials
FRevenue, profit & margin
P/E ratio
34.4×
VENUSPIPES is 53% above the sector median of 22.4×
VENUSPIPES34.4×
Sector median22.4×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 176 | 180 | 191 | 207 | 224 | 240 | 229 | 231 | 258 | 276 | 292 | 297 | 302 | |
| Expenses | 155 | 152 | 157 | 168 | 179 | 192 | 188 | 194 | 217 | 232 | 244 | 248 | 253 | |
| Operating Profit | 22 | 28 | 35 | 39 | 45 | 48 | 41 | 37 | 42 | 45 | 48 | 49 | 49 | |
| OPM % | 12% | 15% | 18% | 19% | 20% | 20% | 18% | 16% | 16% | 16% | 16% | 16% | 16% | |
| Other Income | 1 | 1 | 0 | 2 | 0 | 1 | 4 | 1 | 5 | 4 | 3 | 2 | 2 | |
| Interest | 3 | 3 | 5 | 6 | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 10 | 10 | |
| Depreciation | 1 | 1 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | |
| Profit before tax | 19 | 23 | 27 | 31 | 34 | 37 | 32 | 24 | 32 | 34 | 34 | 34 | 35 | |
| Tax % | 27% | 26% | 26% | 25% | 26% | 25% | 26% | 26% | 27% | 27% | 24% | 25% | 27% | |
| Net Profit | 13 | 17 | 20 | 23 | 25 | 28 | 24 | 18 | 24 | 25 | 26 | 26 | 26 | |
| EPS in Rs | 6.62 | 8.58 | 9.98 | 11.47 | 12.34 | 13.58 | 11.62 | 8.82 | 11.60 | 12.08 | 12.67 | 12.36 | 12.31 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Mar 202648.41%Promoter
Promoters48.41%
FIIs2.71%1.26
DIIs17.49%0.14
Public31.38%1.11
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| APL Apollo Tubes | ₹1,793.50 | 41.39 | 49,798 | 0.32% | 354 | +20.89% | 6,269 | +13.81% | 31.64% |
| Welspun Corp | ₹1,455.10 | 23.82 | 38,384 | 0.34% | 371 | +19.76% | 4,313 | +9.87% | 22.89% |
| Shyam Metalics | ₹945.75 | 24.67 | 26,399 | 0.48% | 312 | +45.87% | 5,240 | +26.60% | 13.01% |
| Ratnamani Metals | ₹2,647.10 | 37.89 | 18,554 | 0.53% | 116 | −52.04% | 1,085 | −36.75% | 17.92% |
| Godawari Power | ₹265.40 | 21.94 | 17,864 | 0.38% | 280 | +32.53% | 1,610 | +9.69% | 20.37% |
| Gallantt Ispat L | ₹711.15 | 35.43 | 17,159 | 0.18% | 123 | +5.61% | 1,205 | +12.37% | 18.23% |
| Jindal Saw | ₹260.72 | 16.95 | 16,673 | 0.77% | 124 | −52.13% | 4,633 | −8.19% | 10.43% |
| Venus Pipes | ₹1,696.50 | 34.35 | 3,514 | 0.06% | 26 | +6.96% | 302 | +17.07% | 22.50% |
| Median: 84 Co. | ₹162.95 | 22.44 | 1,019 | 0.00% | 14 | +22.32% | 232 | +9.69% | 13.60% |
Filings
DAnnual reports5
Concall transcripts43
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Credit Rating 2d - CRISIL upgraded Venuspipes outlook to Positive; bank loan facilities enhanced to Rs. 600 crore.Closure of Trading Window 25 JunReply To The Clarification Sought By The Stock Exchange With Reference To Price Movement Of The Securities Of The Company. 22 Jun - Company replied to BSE on price movement, denying undisclosed or impending corporate action.Clarification sought from Venus Pipes & Tubes Ltd 22 Jun - Exchange has sought clarification from Venus Pipes & Tubes Ltd on June 22, 2026, with reference to Movement in Volume.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 3 Jun