Venus Pipes & Tubes Ltd (VENUSPIPES)
₹1,807.40
Mkt cap
₹4,147 Cr
P/E ratio
39.90
P/B
5.60
Div yield
0.06%
ROE
17.00%
ROCE
21.30%
EPS (TTM)
₹45.30
Book value
₹323
52W range
890–2,348
Sector
Industrials
Price history
Previous close
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]
NSE VENUSPIPESBSE 543528
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−23.02% from high₹1,807
₹890+103.08% from low₹2,348
Current
₹1,807.40
Prev close
₹1,828.00
Day
−1.13%
Price performance
1D
−0.99%
1W
+5.71%
1M
−17.57%
3M
+8.96%
6M
+29.56%
1Y
+38.16%
YTD
+49.77%
Financials
Revenue, profit & margin
P/E ratio
39.9×
VENUSPIPES is 91% above the sector median of 20.9×
VENUSPIPES39.9×
Sector median20.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 180 | 191 | 207 | 224 | 240 | 229 | 231 | 258 | 276 | 292 | 297 | 302 | 321 | |
| Expenses | 152 | 157 | 168 | 179 | 192 | 188 | 194 | 217 | 232 | 244 | 248 | 253 | 269 | |
| Operating Profit | 28 | 35 | 39 | 45 | 48 | 41 | 37 | 42 | 45 | 48 | 49 | 49 | 52 | |
| OPM % | 15% | 18% | 19% | 20% | 20% | 18% | 16% | 16% | 16% | 16% | 16% | 16% | 16% | |
| Other Income | 1 | 0 | 2 | 0 | 1 | 4 | 1 | 5 | 4 | 3 | 2 | 2 | 3 | |
| Interest | 3 | 5 | 6 | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 10 | 10 | 11 | |
| Depreciation | 1 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | |
| Profit before tax | 23 | 27 | 31 | 34 | 37 | 32 | 24 | 32 | 34 | 34 | 34 | 35 | 36 | |
| Tax % | 26% | 26% | 25% | 26% | 25% | 26% | 26% | 27% | 27% | 24% | 25% | 27% | 26% | |
| Net Profit | 17 | 20 | 23 | 25 | 28 | 24 | 18 | 24 | 25 | 26 | 26 | 26 | 26 | |
| EPS in Rs | 8.58 | 9.98 | 11.47 | 12.34 | 13.58 | 11.62 | 8.82 | 11.60 | 12.08 | 12.67 | 12.36 | 12.31 | 12.75 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
5 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.97% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 10 Aug '26 |
| Earnings day | +0.97% |
| +1 day | −0.42% |
| +5 days | −0.47% |
| +15 days | +2.44% |
| +30 days | +38.61% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202648.41%Promoter
Promoters48.41%
FIIs3.88%1.25
DIIs17.19%0.62
Public30.52%0.63
Ownership trend
Peers
8 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 |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | ₹2,341.60 | 26.08 | 61,769 | 0.21% | 495 | +13.39% | 4,644 | +6.18% | 22.89% |
| APL Apollo Tubes | ₹2,165.10 | 45.89 | 60,116 | 0.39% | 382 | +26.82% | 7,002 | +26.58% | 31.75% |
| Shyam Metalics | ₹1,162.90 | 28.90 | 32,460 | 0.39% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,319.30 | 37.05 | 16,256 | 0.43% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| Jindal Saw | ₹228.05 | 26.58 | 14,584 | 0.88% | 35 | −69.03% | 4,472 | +5.63% | 10.43% |
| Usha Martin | ₹445.90 | 24.93 | 13,588 | 0.84% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Gallantt Ispat L | ₹558.05 | 33.05 | 13,465 | 0.36% | 61 | −31.96% | 1,146 | +13.15% | 18.16% |
| Venus Pipes | ₹1,807.40 | 39.89 | 4,147 | 0.06% | 26 | +6.66% | 321 | +15.97% | 21.27% |
| Median: 89 Co. | ₹162.40 | 20.86 | 950 | 0.00% | 17 | +28.15% | 232 | +17.12% | 13.62% |
Filings
Annual reports5
Concall transcripts46
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptJun 2026PPTJun 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024
Credit ratings6
Announcements5
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 05Th Day Of November, 2026 Under Regulation 29 Of SEBI (LODR) Regulations, 2015 30 Oct - Board to meet on 5 Nov 2026 for Q2/H1 FY27 results and possible interim dividend.Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Oct - Venus Pipes wins Rs. 29 crore order from data centre customer; Rs. 185 crore LOI balance to follow.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 30 Oct - Venus Pipes received Rs 29 crore pipe spooling order, part of Rs 185 crore LOI.Announcement under Regulation 30 (LODR)-Allotment 27 Oct - Allotted 22,27,544 equity shares at Rs.1,670 each, raising Rs.372 crore on 27 Oct 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 20 Oct - Pipe spooling operations begin ahead of schedule; Rs 185 crore LOIdata centre customer.