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Earnings Call

Vibhor Steel Tubes Earnings Call: Key Takeaways

Vibhor Steel Tubes reported Q4 FY26 revenue growth of 16% and EBITDA growth of 26%. Management is pivoting from lower-margin pipes to high-margin segments like towers, poles, and crash barriers.

Why this was an Alfa AlertNot a filter event. Guided growth of 50% by FY28 is a multi-year target, not a >50% YoY guidance for the immediate next period.
Highlights
Revenue growthQ4 up 16%, H2 up 18% YoY.
MarginsPivoting to high-margin products; expect EBITDA margins to rise above 4%.
Order book2,300 tons for transmission towers; 300 tons for poles.
Demand visibilityStrong order flows for transmission towers and high-mast poles.
Management confidenceHigh, citing strong order intake in new high-margin segments.

Growth

Q4 revenue grew 16%, EBITDA 26% YoY. H2 revenue increased 18%, EBITDA 21% YoY.

Outlook

Targeting 50% revenue upside by FY28 (approx. ₹1700cr); plans to reduce pipe revenue share from 85% to 75%.

Risks

Input steel price volatility affects revenue figures and inventory gains; rising transportation/fuel costs due to geopolitical conflicts.

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
₹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.

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