Venus Pipes & Tubes Limited has increased its FY26 revenue growth forecast from 20% to 25%, while maintaining EBITDA margin guidance at 16-18%. In Q1 FY26, the company reported revenue of ₹276.41 crore, up 15.1% YoY, with an EBITDA of ₹44.90 crore and net profit of ₹24.76 crore. Export revenue surged 69% to ₹103.1 crore, now constituting 37.3% of total revenue. The company's growth was driven by strong performance in seamless and welded pipes/tubes segments. Venus Pipes remains optimistic about future growth, supported by diversified market reach, demand from the power sector, a healthy order book, and ongoing capacity expansion projects.
Venus Pipes & Tubes Limited announced Q1 financial results with total income rising 15.1% to ₹2,803.30 crore, while net profit declined 9.8% to ₹247.64 crore. Revenue growth was driven by strong domestic and export performance, with exports surging 69% to ₹103.1 crore. The Seamless Pipes/Tubes segment grew 13% year-on-year, and the Welded Pipes/Tubes segment increased by 10%. Despite revenue growth, profitability was impacted by increased costs and market pressures. The company remains optimistic about future growth, citing a strong order pipeline and ongoing capacity expansion plans.
Venus Pipes & Tubes announced its Q4 and FY results, showing a 15% increase in Q4 revenue to Rs 258.1 crore, despite a slight dip in quarterly profit to Rs 23.7 crore. Full-year results were robust with an 8.1% increase in profit to Rs 93.0 crore and a 19% rise in revenue to Rs 958.5 crore. The company has expanded into value-added products and commenced operations of a 3,600 MTPA capacity for welded tubes, demonstrating strategic growth initiatives.
Venus Pipes & Tubes Limited's Q4 financial results show a 16.07% increase in revenue to ₹2.60 billion, but a 5.20% decrease in net profit to ₹237.00 million. EBITDA declined by 7.56% to ₹416.00 million, with the EBITDA margin dropping to 16.12% from 20.10% year-over-year. The company's performance indicates strong top-line growth but challenges in maintaining profitability and operational efficiency.
22May 25
Venus Pipes & Tubes Expands Operations with New Value-Added Welded Tubes Facility
Venus Pipes & Tubes has started operations at a new facility dedicated to producing value-added welded tubes. The facility has an annual production capacity of 3,600.00 Metric Tonnes Per Annum (MTPA). This expansion aims to diversify the company's product range, enhance value addition, and significantly increase overall production capacity.
08May 25
Venus Pipes and Tubes Secures Major Projects Worth ₹190.00 Crore
Venus Pipes and Tubes Limited has received a Letter of Intent (LOI) for projects valued at ₹190.00 crore. This significant order is expected to boost the company's revenue potential, enhance its market position, and potentially lead to operational scale-up. The order also indicates robust demand in the pipes and tubes manufacturing sector.