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NSE · VENUSPIPES · Steel

Venus Pipes & Tubes Ltd.

1661.1
₹3,486 Cr market cap
P/E
34.08
EPS
₹49.38
Book value
₹322.68
ROE
15.25%
ROCE
18.65%
Debt / equity
0.36

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

029171200005834240000875136000011668480000Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹11,66,84,80,000 Cr with net profit ₹1,01,96,20,000 Cr — a 8.74% net margin, versus 9.58% the period before.

Shareholding

As of 2026-06-30

48.41%
promoter holding
  • Promoter48.41%
  • Public31.15%
  • FII2.63%
  • DII17.81%

53,604 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

47.94%48.41%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

89016611875

The band spans 2.11× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Steel - Medium / Small · ranked #15 of 115 by market cap · medians across 49 industry peers

P/E
34.08vs 33.35 peer med
P/B
5.21vs 2.8 peer med
ROE %
15.25vs 11.01 peer med
Margin %
8.74vs 4.78 peer med
CompanyMkt capP/EP/BROEMargin
Sarda Energy & Minerals Ltd.₹18,035 Cr16.422.4515%19.6%
Godawari Power & Ispat Ltd.₹16,784 Cr54.682.713.79%14.88%
Ratnamani Metals & Tubes Ltd.₹16,718 Cr34.114.0711.74%10.74%
Usha Martin Ltd.₹15,310 Cr28.084.6414.11%13.21%
Gallantt Ispat Limited₹14,123 Cr1154.2614.6%11%
Mishra Dhatu Nigam Ltd.₹7,289 Cr55.434.768.58%11.12%
Sunflag Iron & Steel Company Ltd.₹6,448 Cr30.980.762.28%5.14%
Technocraft Industries (India) Ltd.₹5,796 Cr20.312.8714.11%10.34%
Aeroflex Industries Ltd.₹5,645 Cr313.6812.6212.41%12.57%
Goodluck India Limited₹4,935 Cr81.583.3112.12%4.45%
Venus Pipes & Tubes Ltd.(this company)₹3,441 Cr33.645.1515.25%8.74%

AI analysis

AI-generated · google/gemini-2.5-flash

Venus Pipes and Tubes Ltd. manufactures and sells stainless-steel pipes and tubes globally. The company offers a range of products including high precision and heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes, and LSAW pipes. It distributes products to various industries such as chemical, engineering, fertilisers, pharmaceutical, power, food processing, oil and gas, and aerospace. As of March 31, 2026, the company has a market capitalization of Rs 3523 Cr.

Positives

  • +The company's Return on Capital Employed (ROCE) is 18.65%.
  • +Net profit has shown growth, increasing from Rs 85.98 Cr in Mar 2024 to Rs 101.96 Cr in Mar 2026.
  • +The debt-to-equity ratio is 0.36, indicating a relatively low reliance on debt.

Negatives

  • Promoter holding has slightly decreased from 48.20% in Mar 2023 to 48.41% in Mar 2026, showing a minor fluctuation.
  • No annual earnings per share (EPS) figures are available for Mar 2026.
  • Quarterly EPS is not disclosed for any of the reported periods ending between Dec 2024 and Mar 2026.

Business

Venus Pipes & Tubes Ltd. was incorporated in 2015 and is headquartered in Gandhidham, India. The company manufactures and sells stainless-steel pipes and tubes worldwide, catering to diverse sectors. Its product portfolio encompasses stainless steel high precision and heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes, and LSAW pipes. Distribution channels include direct supply, stockists, traders, and selected marketing representatives.

Financial Performance

For the financial year ending March 2026, Venus Pipes & Tubes Ltd. reported revenue of Rs 1166.85 Cr and a net profit of Rs 101.96 Cr. The company's EPS for the financial year ending March 2025 was Rs 45.65. Quarterly revenue for March 2026 was Rs 302.2 Cr, with a net profit of Rs 25.5 Cr for the same period.

Profitability & Returns

The company achieved a profit margin of 8.74%. Its Return on Equity (ROE) stands at 15.25%, while the Return on Capital Employed (ROCE) is 18.65%. For the financial year ending March 2026, the company's EBITDA was Rs 0 Cr, and net profit was Rs 101.96 Cr.

Balance Sheet

As of the latest available data, Venus Pipes & Tubes Ltd. has a debt-to-equity ratio of 0.36. The book value per share is Rs 322.68. The company has a market capitalization of Rs 3523 Cr. No information on current assets, current liabilities, or cash and equivalents is available in the provided data.

Ownership & Pledges

As of March 31, 2026, the promoter holding in Venus Pipes & Tubes Ltd. was 48.41%. DIIs held 17.49% and FIIs held 2.71% of the shares. The public shareholding was 31.38%. The total institutional holding was 20.20%. There are no promoter shares reported to be pledged.

Data as of — price: 2026-07-30 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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