Venus Pipes and Tubes Limited (NSE:VENUSPIPES)
| Market Cap | 39.98B +42.5% |
| Revenue (ttm) | 12.11B +21.7% |
| Net Income | 1.04B +15.0% |
| EPS | 50.10 +13.8% |
| Shares Out | 20.72M |
| PE Ratio | 38.53 |
| Forward PE | 28.34 |
| Dividend | 1.00 (0.06%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 171,607 |
| Open | 1,931.80 |
| Previous Close | 1,930.10 |
| Day's Range | 1,909.60 - 1,992.20 |
| 52-Week Range | 890.00 - 1,998.00 |
| Beta | 0.08 |
| Analysts | Strong Buy |
| Price Target | 1,982.00 (+1.43%) |
| Earnings Date | Nov 6, 2026 |
About Venus Pipes and Tubes
Venus Pipes and Tubes Limited manufactures and sells stainless-steel pipes and tubes worldwide. The company offers stainless steel high precision and heat exchanger tubes; hydraulic and instrumentation tubes; seamless pipes; welded pipes; condenser tubes; and LSAW pipes, as well as fittings, including elbows, nipples, reducers, tees, end cap, and other products. It serves chemical, engineering, fertilizers, pharmaceutical, power, food processing, paper, oil and gas, paint, defence, aerospace, and other industries, as well as semiconductors and ... [Read more]
Financial Performance
In fiscal year 2026, Venus Pipes and Tubes's revenue was 11.70 billion, an increase of 21.80% compared to the previous year's 9.60 billion. Earnings were 1.02 billion, an increase of 9.77%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for VENUSPIPES stock is "Strong Buy." The 12-month stock price target is ₹1,982, which is an increase of 1.43% from the latest price.
News
Venus Pipes and Tubes Transcript: Transcript
Q3 FY 2026 saw record revenue and strong profit growth, driven by robust domestic and export demand, especially in seamless pipes. Capacity expansions in value-added products and fittings are on track, with guidance for over 20% revenue growth and margin improvement by FY 2028.
Venus Pipes and Tubes Transcript: Transcript
Revenue grew 19.5% to INR 958.5 crore in FY25, driven by strong export growth and a major INR 190 crore order win. EBITDA margin stood at 17.5%, with guidance for 20%+ annual revenue growth and 16%-18% margins in FY26 and FY27.
Venus Pipes and Tubes Transcript: Transcript
Q1 FY 2026 revenue hit a record INR 276.4 crore, up 15% year-over-year, with export revenue surging 69%. EBITDA margin was 16.2%, and PAT margin 9%. FY 2026 volume growth guidance is raised to 25%, with new capacities and value-added products expected to drive future growth.
Venus Pipes and Tubes Transcript: Transcript
Q2 FY26 saw record revenue of INR 291.5 crores, up 27% YoY, with exports rising 53% and EBITDA margin stable at 16.3%. Guidance for 25% revenue growth is maintained, with new capacities and value-added products expected to boost margins and exports in FY27.
Venus Pipes and Tubes Transcript: Transcript
Record FY 2026 revenue and profit growth achieved despite global headwinds, with strong domestic and export performance. Major CapEx expansions, entry into spooling solutions, and a robust order book position the company for over 20% growth and higher margins in FY 2027.
Venus Pipes and Tubes Annual report
Venus Pipes and Tubes has published an annual report on August 20, 2026.
Venus Pipes and Tubes Transcript: Q1 26/27
Record Q1 FY 2027 revenue and EBITDA were driven by robust domestic and export demand, capacity expansion, and a growing order book. Margins are expected to improve with the ramp-up of fittings and spooling, and revenue growth guidance remains at 20% for FY 2027.
Venus Pipes and Tubes Quarterly report: Q1 2027
Venus Pipes and Tubes has published its Q1 2027 quarterly earnings report on August 10, 2026.
Venus Pipes and Tubes Slides: Q1 2027
Venus Pipes and Tubes has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on August 10, 2026.
Venus Pipes and Tubes Annual report
Venus Pipes and Tubes has published an annual report on July 30, 2026.