General Updates

May 26, 2026 National Stock Exchange of India Limited BSE Limited Listing Compliance Department Corporate Relations Department “Exchange Plaza” Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Fort Bandra East, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: VENUSPIPES BSE SCRIP CODE: 543528 Subject: Outcome of Board Meeting Dear Sir / Madam, In reference to our letter dated May 18, 2026, we wish to inform you that the Board of Directors at their meeting held today i.e. May 26, 2026, have inter-alia, approved the following: 1. Audited Financial Results of the Company for the quarter and year ended March 31, 2026. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the Audited Financial Results of the Company for the quarter and year ended March 31, 2026, accompanied by Audit Report thereon by the Statutory Auditors of the Company. In compliance with the provisions of Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby declares that M/s. Maheshwari & Co., Chartered Accountants, Statutory Auditors of the Company have issued the Auditors’ Reports on the Audited Financial Results for the quarter and year ended on March 31, 2026, with an unmodified opinion. 2. Recommended Final Dividend of Rs. 0.50/- per Equity Share (representing 5%) Pursuant to Regulation 30, 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, recommended a final dividend of Rs. 0.50/- per equity share (representing 5 %) of Rs.10/- each fully paid up for the financial year 2025-26, subject to approval of the shareholders at the upcoming 12th Annual General Meeting of the Company. The dividend will be paid within 30 days from the date of declaration of final dividend by the shareholders at the 12th Annual General Meeting. 3. Re-appointment of M/s BRM & Co., Chartered Accountants as Internal Auditors of the Company. Board of Directors have approved the re-appointment of M/s BRM & Co., Chartered Accountants (Firm registration number: 155781W), as an Internal Auditor of the Company for the Financial Year 2026-27. Pursuant to Regulation 30 of SEBI Listing Regulations, read with Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, the requisite details against the aforesaid matter(s) are enclosed as Annexure- A to this letter. 4. Re-appointment of M/s K V M & Co., Cost Accountants as Cost Auditors of the Company. Board of Directors have approved the re-appointment of M/s K V M & Co., Cost Accountants (Firm registration number: 000458), as a Cost Auditor of the Company for the Financial Year 2026-27. Pursuant to Regulation 30 of SEBI Listing Regulations, read with Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, the requisite details against the aforesaid matter(s) are enclosed as Annexure- B to this letter. The aforesaid Financial Results are also being made available on the website of the Company at https://www.venuspipes.com/investor/financials/ The Board meeting commenced at 01.00 P.M. (IST) and concluded at 02.25 P.M. (IST) This is for your kind information. Thanking You For VENUS PIPES & TUBES LIMITED CS Pavan Kumar Jain Company Secretary and Compliance Officer Membership No. A66752 VENUS PIPES & TUBES LIMITED aN NO. L24311GJ2015PLC082306 Survey No. 233/2 and 234/1, Dhaneti, Bhuj (Kachchh - 370020) Gujarat, India; Tel : +91 2836 232183 E.mail: cs@venuspipes.com; Website: www.venuspipes.com Statement Of Audited Financial Results for the quarter and year ended March 31, 2026 U]aiME( dRs. In MIlIIon, unI eu otherwln st8ttd,except EPS Particulars March31, 20261 Dec31, 2025 1 March 31, 2025 1 March 31, 2026 1 MardI 31, 2025 A t t t I.Revenue Revenue from operations 3.021.95 2.966.99 2.581.36 11.668.48 9.585.26 Other income 21.43 26,04 SO,15 116.32 F1m06.53 ETotel Income (A) 3 2,993.03 _2,631.51 I1,784.80 ll.EBpense3 Cost of materials consumed 1.960.11 2,263.51 1,901.65 7.783.59 7,484.97 Changes in inventories of finished goods and work.in-progress ( 11.44)1 (311.98)1 (181.97) (78.30) (1,089.92) Employee benefits expense 134.93 126.68 103.52 504.27 379.50 Finance costs 104.85 104.66 94.15 408.41 343.55 Depreciation and amortisation expense 62.91 61.14 47.93 23S.82 185.32 Other expenses i&444 i,2 a9 400.2 ) ’m342 , 10 IM1.553.13 1.134.71 ITo taI UHnnr (B) 2,644,22 38 18BBIBBtt}I III.Profit before exceptional items and tax (A-B) 347.73 348.81 324.13 1,377.88 1,253.66 Exceptional Item (Impact of L2bour Codes) (Refer Note)-C (1.87)1 6.45 4.58 IV.Profit before tax ( A'B'C) 349.60 342.36 324.13 1.373.30 1.253.66 V.TeR expense: • Current tax expenses 84.07 70.25 73.67 307.98 274.27 • Adjustments of earlier years (2.72) (3.20) (10.01) • Deferred tax 13.29 19.19 13.41 SS.71 50.50 ITotal tax expnse 94.64 86.24 87.08 353.68 324.77 VI.Net Profit after tax 254.96 256.12 237.05 1,019.62 928.89 IV II.Other Comprehen&Ive Income / {toll) lltams that wIll not be rechs gIfted to profIt or loss • Remeasurements of the defined benefit plans 2.49 (1.10) (1.14) 0.52 (1.73) - Income Tax impact on above (o.63) 1 0.28 0.29 (0.13) 0.44 Items that will be reclassified to profit or loss - Foreign exchange fluctuation in respect of cash flow hedge (2.86)1 (3.31) (5.38) 9.73 (5.38) - Income Tax impact on above 0.72 0.83 1.35 (2.45)1 1.35 V111.Total comprehensIveI ncome for the perIod \ Veal 254.68 252.82 232.17 0 923.57 IX. PaId up equIty 6h8re capItal 207.16 207.16 204.31 207.16 204.31 {Face value Rs. 10 per share) X. Other Equity 6,477.63 5.110.49 lx1.Earnings per equity share (not annuaIIsed for quarters) Boslc EPS (Rs.) 12,38 12,46 11.65 49,Sl 4S.6S DIluted EPS (Rs.) 12.36 12.43 11.60 49,43 4S,45 VENUS PIPES & TUBES LIMrrED CIN NO. L24311G12015PLC082306 Survey No. 233/2 and 234/1, Dhanetl, Bhuj {Kachchh - 378020) Gujant, India; Tel : +91 2836 232183 E.mail: u@venuspipes.com; Website: www.venusplpes.com Statement of Assets And Uabilitites as at March 31,2026 (Rs. In MIlIIon, unIon otherwIse 6tated) Ar8t Manila 31, 2026 As et M8nlh 31, 2025 PartIculars [AudIted) (AudIted) I ASSETS 1 Non<urrent assets (a) Property, Plant and Equipment 3.961.28 3,088.29 (b) Right,oFUse Assets 16.87 (c) IntangIble Assets 11.41 6.85 (d) Capital Work in Progress 1,236.74 665.40 [e) Financial Assets (i) Other Financial Assets 48.82 53.01 (f) Other Non Current Assets 331.27 143.96 5,606.39 3,957.51 2 Current assets {a) InventorIes 3,868.91 3,427.79 (b) FInancIal assets (i) Investment 8.13 33.54 (ii) Trade Receivables 2,598.58 1,920.13 (iii) Cash and Cash Equivalents 61.82 29.35 (iV) Bank balances other than (iii) above 227.53 100.53 (v) Other Financial Assets 81.10 26.44 {c) Other Current Assets 543.08 587.74 BEll?XiiI Total Assets 12,995.54 10.083.03 II. EQUrrY AND UABiuriES Equity (a) EquitY Share Capital 207.16 204.31 (b) Other EquIty 6,477.63 5, 110.49 m6 m3 liabilities 1 Non<urrent liabilities {a) Financial liabilities (i) BorrowingS 905.74 280.20 (Ii) Lease Liability 14.59 (b) ProvIsIons 18.13 18.03 (c) Deferred Tax LiabIlities (Net) 181.53 123.25 1,119.99 421.48 2 Current liabilities (a) Financial liabilities {i) Borrowings 1,949.54 1,635.23 (ii) Lease LiabiIIty 1.10 (II1) Tr8de payebles • Total outstandIng dues to Micro EnterprIse 102.27 18.01 & Small Enterprise - Total outstanding dues of Creditors other 2.871.00 2,380.69 than Micro Enterprise & Small Enterprise (iv) Other Financial Liabilities 62.10 72.64 (b) Other current liabilities 46.31 50.15 (c) Provlslons 2.80 1.as (d) Current.Tax LIabIIIties (Net) 155,63 188.98 S,190.'75 4,346.75 Total EquitY and Liabilities 12.995.54 10.083.03 VENUS PIPES & TUBES UMrrED aN NO. L24311GJ2015PLC082306 Survey No. 233/2 and 234/1, Dhanetl, Bhuj (Kachchh - 37DOZ0) GuJarat, IndIe; Tel : +91 2836 232183 E-maIl: cs©venuiplpe s.com; Webrlte: www,venusplper,corn Statement of Cash Flow for year ended M8rch gl, 2026 (Rs. In MIlIIon, unles [Showing first 8,000 characters — download PDF for full document]