| 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
- ₹113.76
- Market cap
- ₹215.7 Cr
- Revenue (annual)
- ₹1,149 Cr
- Net profit (annual)
- ₹8.79 Cr
- P/E (TTM)
- 28.4×Sector 19.0×
- Promoter holding
- 74.74%+0.12% QoQ
- FII holding
- 0.15%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vibhor Steel Tubes Ltd
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Promoter Vijay Kumar Kaushik acquired 5,000 shares of Vibhor Steel Tubes Ltd via open market purchase. This transaction increases his stake from 22.15% to 22.18%.
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Vibhor Steel reported strong Q1 FY27 growth, driven by the commissioning of the Odisha plant. Management is aggressively pivoting toward higher-margin infrastructure products like crash barriers and transmission towers to diversify from core piping.
Vibhor Steel Tubes Investor Presentation: Key Takeaways
Vibhor Steel Tubes reported 27.16% YoY revenue growth in Q1 FY27, reaching ₹293.69 Cr. Strategy focuses on shifting to value-added infrastructure products like transmission towers and poles.
- Call
- Guides 50% growth