Venus Pipes & Tubes Share Price
Venus Pipes & Tubes Ltd.
Performance of Venus Pipes & Tubes Shares 
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Fundamentals of Venus Pipes & Tubes Shares
Market Cap |
P/E Ratio |
P/B Ratio |
Industry P/E |
|---|---|---|---|
Rs. 1519.47 Cr |
0.00 |
0.00 |
35.23 |
ROE |
EPS (TTM) |
Dividend Yield |
Book Value |
|---|---|---|---|
37.60 % |
20.80 |
0.00 % |
152.63 |
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As of 01 Apr`23 the Market Cap of Venus Pipes & Tubes Ltd. is 1519.47.
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As of 01 Apr`23 the PE is 0.00 and PB is 0.00.
Venus Pipes & Tubes - Quaterly Results
Publish Date: 09/11/2022
The sales figure stood at Rs. 1264.08 millions for the September 2022 quarter. The mentioned figure indicates a growth of about 41.29% as compared to Rs. 894.64 millions during the year-ago period.A slim rise of 17.72% was recorded in the Net profit for the quarter ended September 2022 to Rs. 103.91 millions From Rs. 88.27 millions.The company reported a good operating profit of 164.79 millions compared to 134.10 millions of corresponding previous quarter.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 1264.08 | 894.64 | 41.29 | 2400.09 | 1705.26 | 40.75 | 3869.52 | 3093.31 | 25.09 |
| Other Income | 9.65 | 0.65 | 1384.62 | 15.42 | 13.41 | 14.99 | 21.23 | 27.00 | -21.37 |
| PBIDT | 164.79 | 134.10 | 22.89 | 315.36 | 240.35 | 31.21 | 513.59 | 374.77 | 37.04 |
| Interest | 20.53 | 13.69 | 49.96 | 45.67 | 25.56 | 78.68 | 70.57 | 55.61 | 26.90 |
| PBDT | 144.26 | 120.41 | 19.81 | 269.69 | 214.79 | 25.56 | 443.02 | 319.16 | 38.81 |
| Depreciation | 4.62 | 3.56 | 29.78 | 8.47 | 6.94 | 22.05 | 14.25 | 9.65 | 47.67 |
| PBT | 139.64 | 116.85 | 19.50 | 261.22 | 207.85 | 25.68 | 428.77 | 309.51 | 38.53 |
| TAX | 35.73 | 28.58 | 25.02 | 66.21 | 51.52 | 28.51 | 112.10 | 73.18 | 53.18 |
| Deferred Tax | 1.88 | 0.22 | 754.55 | 2.42 | 0.91 | 165.93 | 3.09 | -6.46 | -147.83 |
| PAT | 103.91 | 88.27 | 17.72 | 195.01 | 156.33 | 24.74 | 316.67 | 236.33 | 33.99 |
| Equity | 202.96 | 130.99 | 54.94 | 202.96 | 130.99 | 54.94 | 152.22 | 87.33 | 74.30 |
| PBIDTM(%) | 13.04 | 14.99 | -13.03 | 13.14 | 14.09 | -6.78 | 13.27 | 12.12 | 9.55 |
Venus Pipes & Tubes - Quaterly Results
Publish Date: 09/11/2022
A decent increase of about 41.29% in the sales to Rs. 1264.08 millions was observed for the quarter ended September 2022. The sales figure stood at Rs. 894.64 millions during the year-ago period.Net profit stood at Rs. 103.91 millions compared to Rs. 88.27 millions in the corresponding previous quarter,high by 17.72%.Operating Profit saw a handsome growth to 164.79 millions from 134.10 millions in the quarter ended September 2022.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 1264.08 | 894.64 | 41.29 | 2400.09 | 1705.26 | 40.75 | 3869.52 | 3093.31 | 25.09 |
| Other Income | 9.65 | 0.65 | 1384.62 | 15.42 | 13.41 | 14.99 | 21.23 | 27.00 | -21.37 |
| PBIDT | 164.79 | 134.10 | 22.89 | 315.36 | 240.35 | 31.21 | 513.59 | 374.77 | 37.04 |
| Interest | 20.53 | 13.69 | 49.96 | 45.67 | 25.56 | 78.68 | 70.57 | 55.61 | 26.90 |
| PBDT | 144.26 | 120.41 | 19.81 | 269.69 | 214.79 | 25.56 | 443.02 | 319.16 | 38.81 |
| Depreciation | 4.62 | 3.56 | 29.78 | 8.47 | 6.94 | 22.05 | 14.25 | 9.65 | 47.67 |
| PBT | 139.64 | 116.85 | 19.50 | 261.22 | 207.85 | 25.68 | 428.77 | 309.51 | 38.53 |
| TAX | 35.73 | 28.58 | 25.02 | 66.21 | 51.52 | 28.51 | 112.10 | 73.18 | 53.18 |
| Deferred Tax | 1.88 | 0.22 | 754.55 | 2.42 | 0.91 | 165.93 | 3.09 | -6.46 | -147.83 |
| PAT | 103.91 | 88.27 | 17.72 | 195.01 | 156.33 | 24.74 | 316.67 | 236.33 | 33.99 |
| Equity | 202.96 | 130.99 | 54.94 | 202.96 | 130.99 | 54.94 | 152.22 | 87.33 | 74.30 |
| PBIDTM(%) | 13.04 | 14.99 | -13.03 | 13.14 | 14.09 | -6.78 | 13.27 | 12.12 | 9.55 |
Venus Pipes & Tubes - Quaterly Results
Publish Date: 31/01/2023
The sales figure stood at Rs. 1361.07 millions for the December 2022 quarter. The mentioned figure indicates a growth of about 28.11% as compared to Rs. 1062.43 millions during the year-ago period.An average growth of 41.64% was recorded for the quarter ended December 2022 to Rs. 112.77 millions from Rs. 79.62 millions.The company reported a good operating profit of 178.40 millions compared to 129.88 millions of corresponding previous quarter.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 1361.07 | 1062.43 | 28.11 | 3761.16 | 2767.69 | 35.90 | 3869.52 | 3093.31 | 25.09 |
| Other Income | 3.13 | 1.70 | 84.12 | 18.55 | 15.11 | 22.77 | 21.23 | 27.00 | -21.37 |
| PBIDT | 178.40 | 129.88 | 37.36 | 493.76 | 370.23 | 33.37 | 513.59 | 374.77 | 37.04 |
| Interest | 22.58 | 17.05 | 32.43 | 68.25 | 42.61 | 60.17 | 70.57 | 55.61 | 26.90 |
| PBDT | 155.82 | 112.83 | 38.10 | 425.51 | 327.62 | 29.88 | 443.02 | 319.16 | 38.81 |
| Depreciation | 5.23 | 3.64 | 43.68 | 13.70 | 10.58 | 29.49 | 14.25 | 9.65 | 47.67 |
| PBT | 150.59 | 109.19 | 37.92 | 411.81 | 317.04 | 29.89 | 428.77 | 309.51 | 38.53 |
| TAX | 37.82 | 29.57 | 27.90 | 104.03 | 81.09 | 28.29 | 112.10 | 73.18 | 53.18 |
| Deferred Tax | 1.08 | 1.37 | -21.17 | 3.50 | 2.28 | 53.51 | 3.09 | -6.46 | -147.83 |
| PAT | 112.77 | 79.62 | 41.64 | 307.78 | 235.95 | 30.44 | 316.67 | 236.33 | 33.99 |
| Equity | 202.96 | 152.22 | 33.33 | 202.96 | 152.22 | 33.33 | 152.22 | 87.33 | 74.30 |
| PBIDTM(%) | 13.11 | 12.22 | 7.22 | 13.13 | 13.38 | -1.86 | 13.27 | 12.12 | 9.55 |
Venus Pipes & Tubes - Quaterly Results
Publish Date: 31/01/2023
The sales for the December 2022 quarter moved up 28.11% to Rs. 1361.07 millions as compared to Rs. 1062.43 millions during the corresponding quarter last year.An average growth of 41.64% was recorded for the quarter ended December 2022 to Rs. 112.77 millions from Rs. 79.62 millions.Operating Profit saw a handsome growth to 178.40 millions from 129.88 millions in the quarter ended December 2022.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 1361.07 | 1062.43 | 28.11 | 3761.16 | 2767.69 | 35.90 | 3869.52 | 3093.31 | 25.09 |
| Other Income | 3.13 | 1.70 | 84.12 | 18.55 | 15.11 | 22.77 | 21.23 | 27.00 | -21.37 |
| PBIDT | 178.40 | 129.88 | 37.36 | 493.76 | 370.23 | 33.37 | 513.59 | 374.77 | 37.04 |
| Interest | 22.58 | 17.05 | 32.43 | 68.25 | 42.61 | 60.17 | 70.57 | 55.61 | 26.90 |
| PBDT | 155.82 | 112.83 | 38.10 | 425.51 | 327.62 | 29.88 | 443.02 | 319.16 | 38.81 |
| Depreciation | 5.23 | 3.64 | 43.68 | 13.70 | 10.58 | 29.49 | 14.25 | 9.65 | 47.67 |
| PBT | 150.59 | 109.19 | 37.92 | 411.81 | 317.04 | 29.89 | 428.77 | 309.51 | 38.53 |
| TAX | 37.82 | 29.57 | 27.90 | 104.03 | 81.09 | 28.29 | 112.10 | 73.18 | 53.18 |
| Deferred Tax | 1.08 | 1.37 | -21.17 | 3.50 | 2.28 | 53.51 | 3.09 | -6.46 | -147.83 |
| PAT | 112.77 | 79.62 | 41.64 | 307.78 | 235.95 | 30.44 | 316.67 | 236.33 | 33.99 |
| Equity | 202.96 | 152.22 | 33.33 | 202.96 | 152.22 | 33.33 | 152.22 | 87.33 | 74.30 |
| PBIDTM(%) | 13.11 | 12.22 | 7.22 | 13.13 | 13.38 | -1.86 | 13.27 | 12.12 | 9.55 |
Venus Pipes & Tubes - Quaterly Results
Publish Date: 31/01/2023
The sales for the December 2022 quarter moved up 28.11% to Rs. 1361.07 millions as compared to Rs. 1062.43 millions during the corresponding quarter last year.An average growth of 41.64% was recorded for the quarter ended December 2022 to Rs. 112.77 millions from Rs. 79.62 millions.Operating Profit saw a handsome growth to 178.40 millions from 129.88 millions in the quarter ended December 2022.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 1361.07 | 1062.43 | 28.11 | 3761.16 | 2767.69 | 35.90 | 3869.52 | 3093.31 | 25.09 |
| Other Income | 3.13 | 1.70 | 84.12 | 18.55 | 15.11 | 22.77 | 21.23 | 27.00 | -21.37 |
| PBIDT | 178.40 | 129.88 | 37.36 | 493.76 | 370.23 | 33.37 | 513.59 | 374.77 | 37.04 |
| Interest | 22.58 | 17.05 | 32.43 | 68.25 | 42.61 | 60.17 | 70.57 | 55.61 | 26.90 |
| PBDT | 155.82 | 112.83 | 38.10 | 425.51 | 327.62 | 29.88 | 443.02 | 319.16 | 38.81 |
| Depreciation | 5.23 | 3.64 | 43.68 | 13.70 | 10.58 | 29.49 | 14.25 | 9.65 | 47.67 |
| PBT | 150.59 | 109.19 | 37.92 | 411.81 | 317.04 | 29.89 | 428.77 | 309.51 | 38.53 |
| TAX | 37.82 | 29.57 | 27.90 | 104.03 | 81.09 | 28.29 | 112.10 | 73.18 | 53.18 |
| Deferred Tax | 1.08 | 1.37 | -21.17 | 3.50 | 2.28 | 53.51 | 3.09 | -6.46 | -147.83 |
| PAT | 112.77 | 79.62 | 41.64 | 307.78 | 235.95 | 30.44 | 316.67 | 236.33 | 33.99 |
| Equity | 202.96 | 152.22 | 33.33 | 202.96 | 152.22 | 33.33 | 152.22 | 87.33 | 74.30 |
| PBIDTM(%) | 13.11 | 12.22 | 7.22 | 13.13 | 13.38 | -1.86 | 13.27 | 12.12 | 9.55 |
Venus Pipes & Tubes surges as it all set to expand capacity for bigger diameter tube mill
Publish Date: 22/09/2022
The project will be funded through a mix of Debt (Term loan) & internal accruals and commercial production is expected to start by Q1 FY24
Venus Pipes & Tubes is currently trading at Rs. 569.90, up by 10.25 points or 1.83% from its previous closing of Rs. 559.65 on the BSE.
The scrip opened at Rs. 559.40 and has touched a high and low of Rs. 582.70 and Rs. 558.95 respectively. So far 3785 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 586.65 on 20-Sep-2022 and a 52 week low of Rs. 316.40 on 01-Jun-2022.
Last one week high and low of the scrip stood at Rs. 586.65 and Rs. 500.50 respectively. The current market cap of the company is Rs. 1156.68 crore.
The promoters holding in the company stood at 48.20%, while Institutions and Non-Institutions held 9.35% and 42.45% respectively.
Venus Pipes & Tubes has approved a capacity expansion of Rs 50 crore for bigger diameter Tube Mill to manufacture stainless steel welded pipes. This new line will increase the existing welded pipes range to maximum 20 inch (508mm) diameter and thickness up to SCH80s with a capacity by 700 mt per month. The project will be funded through a mix of Debt (Term loan) & internal accruals and commercial production is expected to start by Q1 FY24. The proposed expansion will include tube mill along with entire finishing infrastructure i.e. Annealing furnace, Pickling and Passivation setup, high end testing etc. to support the higher dia. welded pipe process.
This capacity expansion will be in addition to an on-going expansion of 600 MT per month of welded pipes upto 48 inches. Post completion of both these capacity expansion projects the total Welded capacity will increase by almost 3 times from current 700 MT per month to 2,000 MT per month by FY24.
Apart from this, the additional 500 MT per month (on existing capacity of 300 MT per month) for seamless pipes/tubes is on track. So the total Welded (2000 mt per month) & Seamless (800 mt per month) capacity post planned capex will be 2800 mt per month.
Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes.
Venus Pipes & Tubes informs about monitoring agency report
Publish Date: 14/11/2022
Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Venus Pipes & Tubes has informed that it enclosed Monitoring Agency Report in respect of utilization of proceeds of IPO for the quarter ended September 30, 2022 issued by CARE Ratings, Monitoring Agency.
The above information is a part of company’s filings submitted to BSE.
Board Meeting
Publish Date: 31/01/2023
Quarterly Results
Board Meeting
Publish Date: 09/08/2022
Quarterly Results
Board Meeting
Publish Date: 29/06/2022
Audited Results
Venus Pipes & Tubes becomes first Indian company to get BIS approval
Publish Date: 12/09/2022
The company has become the first Indian company to receive approval for stainless steel seamless and welded pipes and tubes
Venus Pipes & Tubes has become the first Indian company to receive Bureau of Indian Standards (BIS) approval for stainless steel seamless and welded pipes and tubes. These licenses will give better opportunity to expand client base and serve the existing clients better.
Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes.
Venus Pipes & Tubes to expand capacity for bigger diameter tube mill
Publish Date: 22/09/2022
The project will be funded through a mix of Debt (Term loan) & internal accruals and commercial production is expected to start by Q1 FY24
Venus Pipes & Tubes has approved a capacity expansion of Rs 50 crore for bigger diameter Tube Mill to manufacture stainless steel welded pipes. This new line will increase the existing welded pipes range to maximum 20 inch (508mm) diameter and thickness up to SCH80s with a capacity by 700 mt per month. The project will be funded through a mix of Debt (Term loan) & internal accruals and commercial production is expected to start by Q1 FY24. The proposed expansion will include tube mill along with entire finishing infrastructure i.e. Annealing furnace, Pickling and Passivation setup, high end testing etc. to support the higher dia. welded pipe process.
This capacity expansion will be in addition to an on-going expansion of 600 MT per month of welded pipes upto 48 inches. Post completion of both these capacity expansion projects the total Welded capacity will increase by almost 3 times from current 700 MT per month to 2,000 MT per month by FY24.
Apart from this, the additional 500 MT per month (on existing capacity of 300 MT per month) for seamless pipes/tubes is on track. So the total Welded (2000 mt per month) & Seamless (800 mt per month) capacity post planned capex will be 2800 mt per month.
Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes.
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