Venus Pipes Reports Record Q3FY26 Revenue of ₹297 Cr, Net Profit Surges 42%
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.66% | -9.82% | -2.64% | -17.86% | -7.77% | +207.55% |

































