ALFA Finder| Management target | Revenue 50.0% FY28 |
|---|
| Margins | EBITDA margins supported by operational efficiencies at Odisha plant. |
|---|---|
| Order book | Stable annual volume commitment via Jindal Pipes partnership. |
| Demand visibility | Strong demand in roads, railways, and housing sectors. |
Growth
Revenue up 27.16% YoY to ₹293.69 Cr; EBITDA rose 20.57% to ₹12.37 Cr; PAT stood at ₹1.93 Cr.
Outlook
Targeting 50% revenue upside by FY28; shifting product mix from 90:10 to 75:25 GI Pipes vs others.
Risks
Raw material price volatility and high dependence on its partnership with Jindal Pipes for order flow.
Last quarter's promises, checked
Delivered
- Guided Odisha plant commissioning → Plant operational with 2000t dispatch (= BEAT)
- Targeted 3.85% EBITDA margin → Delivered 3.83% in H1FY26 (= BEAT)
- Guided 3,77,000 MT capacity → Capacity reached 3,77,000 MT (= BEAT)
Partly delivered
- Guided Odisha utilization 30% in Q4 → Current total utilization at 50% (= PARTIAL)
- Targeted Power Grid approval → First inspection done, final sanction pending (= PARTIAL)
Missed
- Targeted 75:25 product mix → Current mix remains 90:10 (= MISS)
Investor Presentation filed with BSE, 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%