ALFA Finder| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 16% YoY growth recorded; 20% growth guided for FY27. |
|---|---|
| Margins | EBITDA margin 16.1%; targeting 18% in next 2 years. |
| Order book | ₹600 Cr order book; additional ₹185 Cr LOI for spooling. |
| Demand visibility | Strong; order book at ₹600+ Cr excluding ₹185 Cr LOI. |
| Management confidence | High, citing record performance and strong demand in data centers. |
Growth
Revenue grew 16% YoY; Domestic revenue surged 31% while exports declined due to geopolitical tensions.
Outlook
Management targets 18-19% EBITDA margins by FY28. Significant growth expected from data center cooling projects and spooling.
Risks
Geopolitical uncertainty and container availability impacting export timelines; volatility in raw material steel prices.
Last quarter's promises, checked
Delivered
- Seamless capacity expansion to 20,400 MTPA → Delivered (fully commissioned)
- Backward integration for mother hollow pipes → Delivered (100% integrated)
- Revenue growth for FY26 → Delivered 22% (vs 20%+ target)
Partly delivered
- EBITDA margin target → Delivered 16.3% (Partial; on track for 17-18% FY28 goal)
- BHEL order execution → Delivered <60% (Partial; ongoing)
Missed
- Export sales for Q4 → Delivered ₹87.8 Cr (vs ₹112.5 Cr YoY = MISS)
- PAT growth for Q4 → Delivered 7% (vs 17% revenue growth = MISS)
Earnings Call Transcript filed with BSE, NSE: VENUSPIPES. Summary written with AI assistance from the document.
Venus Pipes & Tubes Ltd: key numbers
- Share price
- ₹1,884.10
- Market cap
- ₹4,323 Cr
- Revenue (annual)
- ₹1,167 Cr
- Net profit (annual)
- ₹102.0 Cr
- P/E (TTM)
- 41.8×Sector 17.1×
- Promoter holding
- 43.71%-4.70% QoQ
- FII holding
- 5.96%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Venus Pipes & Tubes Ltd
All →Venus Pipes & Tubes Earnings Call Transcript: Key Takeaways
Record Q2 revenue ₹361.1 Cr (+23.9%), but EBITDA rose only 9.1% as margin fell ~200bps to 14.3% on freight, fuel and staff costs. Growth is price-led; margin recovery is asserted, not quantified.
Venus Pipes & Tubes Dividend
Venus Pipes & Tubes declared an interim dividend of Rs. 5 per equity share for FY 2026-27. Record date is 20 November 2026, with payment by 4 December 2026.
Venus Pipes & Tubes Results Update
Venus Pipes' results press release showed Q2 FY27 revenue up 23.9% to Rs.361.1 Crore. EBITDA margin eased to 14.3% amid freight and fuel costs.
Venus Pipes & Tubes Investor Presentation: Key Takeaways
Q2 FY27 record revenue INR 361.1 Cr (+23.9% YoY); EBITDA INR 51.7 Cr at 14.3% margin; PAT flat at INR 26.0 Cr. Pivoting to spooling and integrated piping solutions.
Venus Pipes & Tubes Q2 FY27 Results: Net Profit ₹26 Cr, Down 0.4% YoY
Venus Pipes & Tubes Ltd reported revenue from operations of ₹361.1 Cr (+23.9% YoY) and net profit of ₹26 Cr (-0.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹26 Cr · -0.4% YoY
Venus Pipes & Tubes Other Announcement
Venus Pipes & Tubes filed its quarterly shareholding pattern for the period ended October 27, 2026. This is routine periodic disclosure under Regulation 31, with no transaction or corporate event.