Outcome of Board Meeting

Date: 05th November, 2026 Listing Department Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Symbol: VENUSPIPES Scrip Code: 543528 Subject: Outcome of Board Meeting Dear Sir/Ma’am, In reference to our letter dated 30th October, 2026, we wish to inform you that the Board of Directors at their meeting held today i.e. 05th November, 2026, have inter-alia, approved the following: 1. Unaudited Financial Results of the Company for the quarter and half-year ended September 30, 2026. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the Unaudited Financial Results of the Company for the quarter and half-year ended September 30, 2026, accompanied by Limited Review Report thereon by the Statutory Auditors of the Company. 2. Declaration of Interim Dividend for the Financial Year 2026-27 and Cut-off date (Record Date) Pursuant to Regulation 30, 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors had declared an interim dividend of Rs. 0.50/-per equity share (representing 5 %) of Rs. 10/- each fully paid up for the financial year 2026-27 and the said interim dividend will be paid on or before December 04, 2026. Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Board of Directors had fixed Friday, November 20, 2026 as the “Cut-off Date” (Record date) for the purpose of payment of Interim Dividend for the Financial Year 2026-27. Accordingly, members whose name appear as on close of business hours as on November 20, 2026, (a) as beneficial owners as per the details furnished by the Depositories in respect of shares held in electronic form and (b) as members in the Register of Members would be entitled for the said interim dividend payout. The Board meeting commenced at 05.00 P.M. (IST) and concluded at 06.05 P.M. (IST). This is for your kind information. Thanking You, For Venus Pipes & Tubes Limited Pavan Kumar Jain (Company Secretary & Compliance Officer) Membership No.: A66752 VENUS PIPES & TUBES LIMITED CIN NO. L24311GJ 2015PLC082306 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 Unaudited Financial Results for the quarter and half year ended September 30, 2026 (Rs. In Million, unless otherwise stated,except EPS) Quarter ended Weag®lai KM Particulars Sept 30. 2026 June 30, 2026 Sept 30,2025 Sept 30, 2026 1 Sept 30, 2025 1 March 31, 2026 jmReT)–F–TAxiiiIa Unaudited] [Unaudited] [Unauditedl I.Revenue Revenue from operations 3,610.54 3,205.37 2,915.40 6.815.91 5,679.54 11,668.48 Other Income FT 54.67 26.90 M29.69 M81.57 @68.85 116.32 Total Income (A) 3,665.21 W3 11/784.80 II .Expenses Cost of materials consumed 2,784.32 2,320.58 2.008.15 5,104.90 3,559.97 7,783.59 Changes in inventories of finished goods and work-in-progress (450.95) (244.02) (59.41) (694.97) 245.12 (78.30) Employee benefits expense 169.39 157.67 125.54 327.06 242.66 504.27 Finance costs 137.95 112.83 101.00 2SO.78 198.90 408.41 Depreciation and amortisation expense 87.55 72.16 59.61 159.71 111.77 235.82 Other expenses 591.10 M45 k5. i9 I9 a3M66.00 1,047.09 W708.63 1,553.13 kTatal expenses IB) Fk®Bicl 6, 194.57 10.406.92 ltl.Praftt before exceptional items and tax {A-B) 345.85 357.06 344.20 702.91 681.34 1,377.88 ExceDtional Item (Impact of Labour Codes) 4.58 IV.ProfIt before tax ( A-8.C) 345.85 3S7.06 344.20 702.91 681.34 1,373.30 v.Tax experue: - Current tax expenses 66.56 71.70 76.26 138.26 153.66 307.98 - Adjustmenb of earlier years B.43) (4.09) (3.43) t&09} (10.01) - Deferred tax 22.48 21.28 11.13 43.76 23.23 55.71 ITotal tax expense 85.61 mg 83.30 178.59 172.80 353.68 VI.Net Profit after tax 260.24 264.08 260.90 524.32 508.54 1,019.62 VH.Other ComprehensIve Income / [Loss) Items that will not be recJasstfied to profIt or loss - Remeasurements of the defined benefit plans 0.13 0.13 (0.44) 0.26 (0.87) 0.52 - Income Tax impact on above (0.a4) (0.03) 0.11 {0.07) 0.22 (0.13) Items thot will be reclassified to profit or loss - Foreign exchange fluctuation in respect of cash flow hedge 6.35 0.94 12.64 7.29 15.90 9.73 Income Tax impact on above (1.59) (0.24) (3.18) (1.83) (4.00) (2.45) VIII.Total comprehensive income for the period \ year 265.09 264.88 270.03 529.97 519.79 1,027.29 tX. Paid up equity share capital 207.16 207.16 205.96 207.16 205.96 207.16 {Face value Rs. 10 per share) X. Other Equity 6,477.63 XI.EarnIngs per nutty share (not annuaIIsed for quarters) Basic EPS (Rs.) 12.56 12.7S 12.74 25.31 24.83 49.51 Diluted EPS (Rs.) 12.56 12.75 12.70 25.31 24.76 49.51 VENUS PIPES & TUBES LIMITED CIN NO. L24311GJ2015PLC082306 Statement of Assets And Liabilities as at September 30,2026 (Rs. In MilIIon, UnleSS otherwise stated) As at September 30, 2026 As at March 31, 2026 Particulars !Un2yd!! ed) {Audiled) I ASSFrs 1 Non.current assets (a) Property, Plant and Equipment S,625.60 3,961.28 (b) Right-of-Use Assets 16.55 16.87 (c) IntangIble Assets 10.17 11.41 (d) Capital Work in Progress 413.38 1,236.74 (e) Financial Assets (i} Other Financial Assets 41.68 48.82 (f) Other Non Current Assets 400.41 331.27 6,507.79 5,606.39 2 Current assets {a) Inventories 4,462.59 3,868.91 (b) Financial assets (i) Investment 13.88 8.13 (ii) Trade Receivables 2,956.93 2,598.58 (iii) Cash and Cash Equivalents 7.68 61.82 (iv) Bank balances other than (iii) above 390.49 227.53 (v) Other Financial Assets 116.36 81, 10 (c) Other Current Assets 469.44 $43.08 8,417.37 7,38 S.iS Total Assets 14,925.16 12,995.54 11. EQUITY AND UABIUTIES EquitY (a) Equity Share Capital 207.16 207.16 (b) Other Equity 6.997.22 6,477.63 7,204.38 6,684.79 Liabilities 1 Non-current liabilities (a) Financial liabilities (i) Borrowings 1,468.31 905.74 (ii) Lease Liability 14+52 14.59 (b) Provisions 19.99 18.13 (c) Deferred Tax Liabilities (Net) 227.20 181.53 1,730.02 1,119.99 2 Current liabilities (a) Financial IIabIlitIes (i) Borrowings 2,353.28 1,949.54 (ii) Lease Liability 1.17 i. it) (iii) Trade payables - Total outstanding dues to Micro Enterprise & Small Enterprise 92.77 102.27 - Total outstanding dues of Creditors other 3,308.95 2,871.00 than Micro Enterprise & Small Enterprise (iV) Other FinanciaF Liabilities 68.41 62.10 (b) Other current liabilities 78.38 46.32 (c) Provisions 2.80 2.80 Id) Current-Tax Liabilities {Net) 85.00 155.63 5,990.76 5,190.76 Total Equity and LiabIlities 14,925.16 W95.54 FRN NO # I 05834W VENUS PIPES & TUBES LIMITED aN NO. L24311GJ2015PLC082306 Statement of Cash Flow for half year ended September 30, 2026 Rs. In Million, unless otherwise stated) For the Half Year Ended : For the Ha if Year Ended PartIculars September 30,2026 September 30,2025 (Unaudited) (Unaudited) A CASH FLOW FROM OPERATING AcrlVITIES Profit before tax and adjustments for: 702.91 681.34 • Depreciation and Amortization 159.71 111.77 - ProvIsion for doubtful debts(ECO/advances 3.77 3.30 - UrIrealiZed Foreign exchange (gain)/loss (3.46) 7.36 - Interest Expense 225.18 161.82 - Interest Income (13.23) (2.45) Net mark to market (Gain)/loss on investments (0.67) (1.24) Changes in Working Capital:' Adjustment for (Increase) / DecrBase in OperatIng Assets . Trade Receivables (367.82) (634.08) - Inventory (593.70) (50.39) - Other Non Current FInancial Assets (3.38) 11.89 . Other Current Financial Assets (0.93) (9.59) - Other Current Assets 73.65 17.01 Adjustment for Increase / (Decrease) in Operating Liabilities - Non Current Liabilities 2.11 (0,15) Other Current & Non-Current Financial LiabiIIties (0.01) Trade PayabJes 433.26 233.42 Other Current Liabilities 31.29 2.01 Cash generated from Operations 648.68 532.02 Income taxes paid (net) [205.461 ( 186.67 Net cash (used in [Showing first 8,000 characters — download PDF for full document]