Venus Pipes & Tubes Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 0.05 per equity share.
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Venus Pipes & Tubes Limited's Board meeting on May 26, 2026 approved the audited financial results for Q4 and FY 2025-26. Revenue from operations stood at Rs. 11,668.48 million with profit before tax of Rs. 1,373.30 million for the full year. The Board recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10), subject to shareholder approval at the 12th AGM. Total dividend for FY 2025-26 amounts to Rs. 1 per share. The auditors issued an unmodified opinion. The company also re-appointed its internal auditor (BRM & Co.) and cost auditor (KVM & Co.) for FY 2026-27. During the year, all 4,20,000 convertible warrants were converted into equity shares.
The dividend of Rs. 1 per share is a modest return (approximately 0.08% yield at current market price) and unlikely to significantly move the stock. The strong profit growth and clean audit opinion are broadly positive signals for investors.