Please find enclosed Audited Financial Results for Quarter and year ended March 31st 2026

Pat NegativeExceptional ItemRevenue Growth 20pctResults View source PDF

VSTL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.2%1-day move

₹119.50

prior close

₹119.90

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.7+0.1-1.4-1.5+0.2-0.3-1.7-0.7-2.2-2.9+1.3-1.7-6.4—

Up moveDown movePending

AI summary

Vibhor Steel Tubes Limited reported annual revenue of ₹1,149.35 crore for FY26, up 15.35% from ₹996.38 crore in FY25. However, Profit After Tax (PAT) declined significantly by 25.29% to ₹8.79 crore from ₹11.77 crore in the previous year. Finance costs increased substantially by 42% to ₹15.94 crore from ₹11.20 crore, pressuring profitability. The company wrote off ₹1.32 crore as an exceptional item (capital advance to Punjab National Bank for a failed property acquisition). The balance sheet grew with total assets at ₹439 crore, and the statutory auditors issued an unmodified opinion with no qualifications.

Likely market impact

The 25% PAT decline despite revenue growth indicates margin compression from higher finance costs and depreciation. The exceptional write-off and rising debt levels are concerns for investors. However, positive operating cash flow of ₹61.28 crore and clean audit opinion provide some comfort.