ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Vibhor Steel Tubes Earnings Call: Key Takeaways

Vibhor Steel Tubes reported solid growth in Q4 and H2 FY26, driven by revenue expansion of 16-18% and EBITDA growth of 21-26%. Management is pivoting toward higher-margin non-pipe segments like transmission towers and poles to boost profitability.

Why this was an Alfa AlertNot a filter event. Results were positive but did not materially beat management's own prior specific guidance by 10%+.
Highlights
Revenue growthH2 revenue grew 18% YoY; Q4 revenue increased 16% YoY.
MarginsDiversified products offer 2-3x higher margins than traditional galvanized pipes.
Order book2,300 tons for transmission towers and 300 tons for poles.
Demand visibilityStrong visibility in transmission and poles segments with robust order inflows.
Management confidenceHighly 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.

Source

Earnings Call filed with NSE, NSE: VSTL. Summary written with AI assistance from the document.

Read 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 →