Venus Pipes & Tubes Limited disclosed the shareholding details of its promoters and promoter group as of March 31, 2026, confirming that no encumbrances were created on shares during the financial year ended March 31, 2026. The declaration was submitted by Arun Axaykumar Kothari, a promoter of the company, to the National Stock Exchange of India Limited and BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The filing stated that the promoter and promoter group, along with persons acting in concert, did not make any encumbrance directly or indirectly during FY26. The disclosure provides a breakdown of shareholding among individual promoters and group members.

Promoter and Promoter Group Holdings

The following table details the shareholding of the promoters and promoter group as of March 31, 2026:

The total shares held by the promoters and promoter group stood at 8,854,333. The company’s CIN is L24311GJ2015PLC082306.

Venus Pipes & Tubes reported its best-ever annual performance with a net profit of ₹101.9 crore for the financial year ended March 31, 2026, an increase of 9.7% from ₹92.9 crore in the previous year. Revenue from operations for FY26 stood at ₹1,166.8 crore, compared to ₹958.5 crore in FY25, registering a growth of 21.7%. The company's EBITDA for the year was ₹190.6 crore, with margins at 16.3%. The Board of Directors recommended a final dividend of ₹0.50 per equity share, representing 5%, subject to shareholder approval at the upcoming Annual General Meeting.

FY26 Financial Performance

The audited financial results for the year ended March 31, 2026, reflect growth across key metrics. M/s. Maheshwari & Co., Chartered Accountants, the Statutory Auditors, issued an unmodified opinion on the results.

Q4 Performance

For the quarter ended March 31, 2026, the company reported a standalone net profit of ₹25.4 crore, up from ₹23.7 crore in the corresponding period of the previous year. Revenue from operations for Q4FY26 was ₹302.2 crore, compared to ₹258.1 crore in Q4FY25. EBITDA for the quarter stood at ₹49.4 crore, with margins expanding to 16.3%.

Operational Highlights

Venus Pipes commenced operations for the remaining capacity expansion of Seamless Pipes and Tubes and the addition of Fittings. The company forayed into Spooling Solutions with a capex of ₹70 crore towards a dedicated facility, backed by a Letter of Intent (LOI) worth ₹185 crore from a leading customer in the Data Center segment. Additionally, the company installed a JCO machine worth ₹12 crore to manufacture higher lengths of welded pipes. Installation is in progress for a 6.1 MW Solar Power project with an investment of ₹22 crore, expected to result in annual power savings of ₹6 crore. The company also purchased an additional 15 acres of land for future expansion.

Capacity and Order Book

The company's total installed capacity stands at 27,600 metric tons per annum for welded pipes and 20,400 metric tons per annum for seamless pipes. Management stated that the seamless segment utilized more than 90%-95% capacity, while welded utilization was around 60%-65% for the year. The order book stands at ₹450 crore, excluding the ₹185 crore LOI for the data center segment. The company is also L1 in BHEL tenders worth more than ₹50 crore, expected to be finalized in the next 30 to 45 days.

Future Outlook

Management guided for revenue growth of more than 20% in FY27. EBITDA margins are expected to improve towards 17% and reach 18% by FY28. The spooling facility is targeted to be operational by the end of the calendar year 2026, with commercial production expected to start in Q3 FY27. The company anticipates export revenue to remain in the 30%-35% range despite geopolitical disruptions in the Middle East.