| Revenue growth | H2 revenue grew 18% YoY; Q4 revenue increased 16% YoY. |
|---|---|
| Margins | Diversified products offer 2-3x higher margins than traditional galvanized pipes. |
| Order book | 2,300 tons for transmission towers and 300 tons for poles. |
| Demand visibility | Strong visibility in transmission and poles segments with robust order inflows. |
| Management confidence | Highly confident, focused on strategic diversification and capacity expansion in Jhasuguda. |
Growth
H2 revenue grew 18% YoY with EBITDA up 21%. Growth is transitioning from high-volume pipes to higher-margin diversified steel products.
Outlook
Targeting 50% revenue upside to ₹1700cr by FY28; shifting non-pipe revenue share from 15% to 25-30% in FY27.
Risks
High exposure to volatile steel price cycles and geopolitical impacts on petroleum-linked input costs like furnace oil.
Earnings Call filed with NSE, NSE: VSTL. Summary written with AI assistance from the document.
Vibhor Steel Tubes Ltd: key numbers
- Share price
- ₹105.50
- Market cap
- ₹200.1 Cr
- Revenue (annual)
- ₹1,149 Cr
- Net profit (annual)
- ₹8.79 Cr
- P/E (TTM)
- 26.4×Sector 17.1×
- Promoter holding
- 74.96%+0.22% QoQ
- FII holding
- 0.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vibhor Steel Tubes Ltd
All →Vibhor Steel Tubes Board Meeting Date
Vibhor Steel Tubes scheduled its board meeting for 13 Nov 2026 to consider un-audited Q2/H1 FY27 results. No decision has been taken yet; this is a prior intimation.
Vibhor Steel Tubes Debt & Borrowing: ₹5 Cr
Vibhor Steel Tubes Limited approved a Rs. 5 Crore loan to its wholly-owned subsidiary, Viyom Steel Infra Private Limited, for working capital and land purchase.
- Value
- ₹5.00 Cr
Vibhor Steel Tubes Other Announcement
Vibhor Steel Tubes Ltd has filed its quarterly shareholding pattern for the period ending September 30, 2026, as required by SEBI regulations.
Vibhor Steel Tubes Annual General Meeting
Vibhor Steel Tubes Limited held its 23rd Annual General Meeting on September 16, 2026, to discuss financial statements and director remuneration.
Vibhor Steel Tubes Promoter Buying: ₹0.02 Cr
Promoter and Director Vijay Kumar Kaushik purchased 1,800 shares of Vibhor Steel Tubes Ltd for Rs. 2,07,193 via market purchase, increasing his stake marginally.
- Value
- ₹0.02 Cr
- Promoter stake change
- +0.01%
Vibhor Steel Tubes Promoter Buying: ₹0.05 Cr
Promoter Vijay Kumar Kaushik acquired 4,000 equity shares of Vibhor Steel Tubes Limited through the open market. The transaction increased his stake to 22.20%.
- Value
- ₹0.05 Cr
- Promoter stake change
- +0.02%