What the business is, and whether it's a good one at a fair price.
Manufactures stainless steel pipes and tubes, both welded and seamless, sold to industrial customers in India and overseas. In Q3 FY26, the company reported record revenue of INR 296.7 cr (+28.3% YoY) with exports at 31.5% of the mix, while FY26 full-year revenue reached INR 1,166.8 cr. The order book stood at INR 470 cr versus under INR 350 cr a year earlier, and the power-sector pipeline through BHEL, NTPC and Adani is sized at INR 6,000+ cr over four to five years. Capacity expansions for seamless pipes and fittings have been commissioned, and a new pipe-spooling business is being set up with INR 70 cr of capex, anchored by an INR 185 cr letter of intent from a data centre customer. Materials, mainly stainless steel, are the dominant cost at 66.7% of FY26 revenue, followed by other operating expenses at 13.3% and employee cost at 4.3%.
Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from VENUS PIPES & TUBES LTD's filed financials and exchange disclosures
VENUS PIPES & TUBES LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol VENUSPIPES.
Yes. Over the trailing twelve months VENUS PIPES & TUBES LTD reported a net profit of ₹104 Cr on revenue of ₹1,211 Cr.
Yes. The dividend yield is 0.05% at the current price. It paid out 2% of its profit as dividend in FY26.
No. Debt stands at 0.43× equity, and it carries net debt of ₹279 Cr. That is lower than 22% of its 114 Iron & Steel Products peers.
On trailing P/E, VENUS PIPES & TUBES LTD ranks 99 of 118 in Iron & Steel Products — cheaper than 16% of them, against an industry median of 16.2×. This is a position, not a valuation judgement.
On a typical session VENUS PIPES & TUBES LTD moves 1.47% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by VENUS PIPES & TUBES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
