Venus Pipes corrects host for April 9 analyst meet from Philip to ICICI Securities

1 min read     Updated on 08 Apr 2026, 07:06 AM
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Venus Pipes & Tubes Limited issued a corrected regulatory filing on April 7, 2026, updating the host for its scheduled analyst and institutional investor meeting from Philip Capital to ICICI Securities. The meeting remains scheduled for April 9, 2026, at 10:00 AM at the company's facility in Dhaneti, Gujarat, with all other details unchanged including the commitment to share only publicly available information.

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Venus Pipes & Tubes Limited has issued a corrected regulatory filing regarding its scheduled analyst and institutional investor meeting, updating the host information from Philip Capital to ICICI Securities. The company informed stock exchanges about this correction through a revised filing dated April 7, 2026, in continuation to its earlier communication dated April 6, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corrected Meeting Details

The investor interaction remains scheduled for the same date and venue, with only the host information being updated in the latest filing.

Parameter: Details
Date: Thursday, April 9, 2026
Time: 10:00 AM Onwards
Venue: Company facility, Dhaneti, Gujarat
Location: Plant (Bhuj)
Type: Group meeting
Host: ICICI Securities

Regulatory Compliance and Transparency

The company has maintained its commitment to regulatory compliance and transparency in the scheduled interaction. Venus Pipes & Tubes Limited has reiterated that all discussions during the meeting will be based exclusively on publicly available information. The company has specifically assured that no unpublished price sensitive information pertaining to the organization will be shared with analysts or institutional investors during the meeting.

Meeting Conditions

The company has outlined the same conditions regarding the scheduled meeting as mentioned in its original filing. The timing and arrangements remain subject to potential changes due to exigencies that may arise from either the analysts, investors, or the company itself. This flexibility ensures that all parties can accommodate any unforeseen circumstances that might affect the planned interaction.

The corrected regulatory filing was signed by CS Pavan Kumar Jain, Company Secretary and Compliance Officer (Membership No. A66752), demonstrating the company's continued adherence to proper corporate governance procedures. The updated notification serves to keep stakeholders informed about the accurate details of the company's engagement activities with the investment community while maintaining transparency in its communications with stock exchanges.

Historical Stock Returns for Venus Pipes & Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+1.92%+8.46%+40.77%+2.16%+2.42%+277.20%

What strategic initiatives or expansion plans might Venus Pipes & Tubes discuss during the investor meeting at their Gujarat facility?

How could the change from Philip Capital to ICICI Securities as host impact the scope and reach of institutional investor participation?

What market conditions or business developments may have prompted Venus Pipes & Tubes to organize this investor interaction?

Venus Pipes Reports Record Q3FY26 Revenue of ₹297 Cr, Net Profit Surges 42%

2 min read     Updated on 05 Feb 2026, 01:34 PM
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Venus Pipes & Tubes delivered exceptional Q3FY26 results with all-time high revenue of ₹296.7 crore, representing 28.3% year-on-year growth. The company reported strong profitability with net profit surging 42.2% to ₹25.6 crore and EBITDA growing 31.2% to ₹48.8 crore. Seamless pipes segment led growth with 43% increase while exports maintained strong contribution at 32% of total revenues.

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Venus Pipes & Tubes has announced its unaudited financial results for Q3FY26, delivering an all-time high quarterly revenue of ₹296.7 crore. The company reported exceptional performance with revenue growing 28.3% year-on-year from ₹231.3 crore in Q3FY25, while net profit surged 42.2% to ₹25.6 crore compared to ₹18.0 crore in the corresponding quarter of the previous year.

Outstanding Financial Performance

The Q3FY26 results demonstrate Venus Pipes & Tubes' strong operational execution and market positioning. EBITDA reached ₹48.8 crore compared to ₹37.2 crore in Q3FY25, marking a robust 31.2% growth. The company maintained healthy EBITDA margins at 16.4% compared to 16.1% in the previous year, while PAT margins improved to 8.6% from 7.8%.

Financial Metric: Q3FY26 Q3FY25 Growth (%)
Revenue: ₹296.7 Cr ₹231.3 Cr +28.3%
EBITDA: ₹48.8 Cr ₹37.2 Cr +31.2%
Net Profit: ₹25.6 Cr ₹18.0 Cr +42.2%
EBITDA Margin: 16.4% 16.1% +30 bps
PAT Margin: 8.6% 7.8% +80 bps

Strong Segment and Export Performance

The company achieved remarkable growth across key business segments during Q3FY26. Revenue from seamless pipes and tubes witnessed exceptional growth of 43% year-on-year, while welded pipes and tubes segment recorded solid growth of 13%. Exports formed a significant 32% of total revenues, standing at ₹93.5 crore for the quarter with 5% year-on-year growth, demonstrating the company's strong international market presence.

Nine-Month Performance Highlights

For the nine months ending December 31, 2025, Venus Pipes & Tubes reported revenue of ₹864.7 crore compared to ₹700.4 crore in 9MFY25, representing growth of 23.5%. EBITDA for the nine-month period reached ₹141.1 crore with 12.0% growth, while net profit stood at ₹76.4 crore, up 10.4% from ₹69.2 crore in the corresponding period.

Nine-Month Metrics: 9MFY26 9MFY25 Growth (%)
Revenue: ₹864.7 Cr ₹700.4 Cr +23.5%
EBITDA: ₹141.1 Cr ₹126.0 Cr +12.0%
Net Profit: ₹76.4 Cr ₹69.2 Cr +10.4%
EBITDA Margin: 16.3% 18.0% -170 bps

Management Commentary and Future Outlook

Commenting on the performance, Arun Kothari, Managing Director, expressed pride in achieving all-time high quarterly revenue while maintaining growth momentum despite challenging macro environment. He highlighted the strengthened domestic demand environment, reflected in robust 43% year-on-year growth in domestic revenues, while exports continued performing well at over 30% revenue contribution.

The company's capacity expansion for seamless pipes, tubes and fittings remains on track for operational commencement in the coming months. Management emphasized their continued focus on innovation, quality, and operational excellence to sustain growth momentum and deliver long-term stakeholder value.

Historical Stock Returns for Venus Pipes & Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+1.92%+8.46%+40.77%+2.16%+2.42%+277.20%

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1 Year Returns:+2.42%