Venus Pipes & Tubes Share Price

The Gujarat-based stainless steel pipes manufacturer achieved an all-time high quarterly revenue despite global trade uncertainties

• Business Line
• 9 months 1 week ago

Iron & Steel Products company Venus Pipes & Tubes announced Q1FY26 results Revenue: Rs 276.4 crore compared to Rs 240.1 crore during Q1FY25, change 15.1%. EBITDA: Rs 44.9 crore compared to Rs 47.9 crore during Q1FY25, change -6.3%. EBITDA Margin: 16.2% for Q1FY26. PAT: Rs 24.8 crore compared to Rs 27.5 crore during Q1FY25, change -27.5%. PAT Margin: 9.0% for Q1FY26. Arun Kothari, Managing Director, Venus Pipes & Tubes, said: “We are pleased to report a robust performance for the quarter, achieving an all-time high quarterly revenue of Rs 276.4 crore, reflecting a growth of 15.1%. EBITDA stood at Rs 44.9 crore, translating to healthy margins of 16.2%. This achievement comes despite the prevailing global uncertainties surrounding trade tariffs and supply chain challenges. Notably, our export business remained resilient, contributing 37.3% of total revenues, underscoring the strength of our presence in international markets and the trust in our product quality. We remain optimistic about our growth trajectory, supported by our diversified market reach, strong customer relationships, and proven execution capabilities. At the same time, we remain vigilant of the evolving global economic environment and will continue to adapt our strategies accordingly. Our continued approvals from leading customers across industries reaffirm the superior quality and reliability of our products. Demand from the power sector has shown encouraging momentum, further strengthening our healthy order book and providing clear visibility for sustained growth. In closing, with a strong order pipeline and a focus on innovation and operational excellence, we are well-positioned to capitalise on emerging opportunities, navigate challenges with agility, and deliver long-term value to our stakeholders.” Result PDF

• Trendlyne
• 9 months 1 week ago

The Indian government's own anti-dumping duties on seamless steel tubes and pipes, ranging from $114-$3,801/ton until FY28, are creating a strong push for import substitution.

• NDTV Profit
• 10 months 2 weeks ago