VENUSPIPES · price
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Venus Pipes & Tubes has commenced commercial operations at its fittings facility and completed a seamless pipes/tubes capacity expansion in Dhaneti, Gujarat. The company added 4,200 MTPA of seamless capacity in this phase, bringing total new capacity to 6,000 MTPA — exceeding the original target of 4,800 MTPA. The November 2025 phase had added 1,800 MTPA. The company also commissioned Mother Hollow Pipes capacity for backward integration. The fittings facility marks forward integration into value-added products, with the combined expansions strengthening the company's position as a comprehensive stainless steel piping solutions provider for industries including Power, Oil & Gas, Chemicals, Engineering, Data Centers, and Semiconductor manufacturing.
The capacity expansion surpassing targets and entry into fittings manufacturing signals strong execution and growth potential, which could positively influence investor sentiment and support long-term revenue growth through a better product mix.