Venus Pipes & Tubes
1,326.80
+4.70(+0.36%)
Market Cap₹2,701.20 Cr
PE Ratio30.07
Company Performance:
1D+0.36%
1M-18.48%
6M+12.28%
1Y-37.02%
5Y+274.43%
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Latest news about Venus Pipes & Tubes
Venus Pipes & Tubes Reports Record Q1 Revenue, Driven by 69% Export Growth 2 hours ago Today
Venus Pipes & Tubes achieved record quarterly revenue of Rs. 276.40 crores, up 15% year-on-year, driven by 69% export growth. Despite revenue increase, EBITDA and PAT slightly declined. The company secured a significant domestic order worth Rs. 190-200 crores and maintains a Rs. 560 crore order book. Management upgraded revenue growth guidance to 25%. Venus is investing Rs. 175 crores in capacity expansion, including a new fittings plant. The company faces challenges in the U.S. market but sees opportunities in Europe and the Middle East. It remains optimistic about domestic market growth potential.
Venus Pipes Raises FY26 Revenue Growth Forecast to 25%, Reports Strong Q1 Performance 5 days ago
Venus Pipes Reports Mixed Q1 Results: Revenue Up 15%, Profit Dips 10% 6 days ago
Venus Pipes & Tubes Reports Q4 Profit of Rs 23.7 Crore, Revenue Grows 15% May 27, 2025
Venus Pipes Reports Q4 Financial Results: Revenue Growth Amid Profit Decline May 26, 2025
More news about Venus Pipes & Tubes
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.
Venus Pipes & Tubes
1,326.80
+4.70
(+0.36%)
1 Year Returns:-37.02%
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