BSECompany Update4d ago · 5 Nov 2026, 06:41 pm
Intimation
Venus Pipes & Tubes Ltd · 543528
✦ AI Summary▲ PositiveResults
Venus Pipes & Tubes Ltd reported its unaudited financial results for Q2FY27 and H1FY27, with revenue growth of 23.9% and 20.0% YoY, respectively. The company's EBITDA margin was 14.3% in Q2FY27, with a PAT margin of 7.2%. The company has commenced operations at its spooling solutions facility and received its first order worth Rs. 29 crore from a data center customer.
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Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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
Sub: Intimation of Press Release on Unaudited Financial Results for the quarter and half
year ended September 30, 2026
Dear Sir/Ma’am,
With reference to above captioned subject, please find attached herewith a copy of the
Proposed Press Release to be issued by the Company. The same shall also be uploaded on
website of the Company at www.venuspipes.com.
Request you to kindly take the same on record.
Thanking You,
For Venus Pipes & Tubes Limited
Pavan Kumar Jain
(Company Secretary & Compliance Officer)
Membership No.: A66752
Venus Pipes & Tubes Limited
All time high Quarterly Revenue of INR 361.1 Crores
Dhaneti, Gujarat: 5th November, 2026: Venus Pipes & Tubes Ltd, one of the leading
stainless-steel pipes / tubes manufacturers and exporters along with fittings in
India announced its unaudited financial results for the second quarter and half
year ending September 30th, 2026.
Key financial highlights:
Particulars
Q2FY27 Q2FY26 YoY H1 FY27 H1FY26 YoY
(INR Cr)
Revenue 361.1 291.5 23.9% 681.6 568.0 20.0%
EBITDA 51.7 47.4 9.1% 103.2 92.3 11.8%
EBITDA
14.3% 16.3% 15.1% 16.3%
Margins (%)
PAT 26.0 26.1 -0.3% 52.4 50.8 3.1%
PAT Margins
7.2% 8.9% 7.7% 8.9%
Selling prices increased by >10% YoY and >5% sequentially, optically moderating reported EBITDA
margins. Excluding the impact of price increases, Q2 FY27 EBITDA margin would have been ~15.5%,
with the balance of moderation attributable to higher export freight and fuel costs. Excluding these
freight and fuel cost increases, EBITDA margins would have exceeded 16%
Key Operational Highlights:
✓ Revenue from Welded Pipes / Tubes witnessed and Seamless Pipes / Tubes
witnessed a strong growth of 20% each for Q2FY27 on year-on-year basis
✓ Domestic growth stood robust at 22% with strong demand from end user
industries, while exports stood at all time high of INR 147 crores, growing by
more than 55% sequentially and 27 YoY%
✓ Commenced operations of the spooling solutions facility in October,
followed by the conversion of the LOI into orders, beginning with an order
worth Rs. 29 crore received recently from the data center customer
Commenting on the performance, Arun Kothari, Managing Director, Venus Pipes
& Tubes Ltd, said,
“We are pleased to report a strong performance during the quarter, with revenue
growth of 24%, reflecting the company's ability to sustain business momentum
despite ongoing geopolitical challenges.
Both domestic and export markets continue to witness strong traction. Domestic
demand remains healthy, supported by capex-led activity, while export
penetration continues to improve, particularly in the US. Europe also continues to
perform well.
Demand is broad-based across both traditional and emerging sectors. While
power, engineering, oil & gas continue to contribute to growth, we are also seeing
encouraging enquiries and order conversions from newer segments such as CNG
station infrastructure, semiconductors and solar power.
Our journey towards becoming a one-stop manufacturing solutions provider is
progressing well, with improving capacity utilisation and increasing acceptance of
our value-added products. In line with this strategy, we have proactively
commenced operations at our spooling solutions facility in October, significantly
ahead of schedule, to ensure production readiness and enable us to capitalise on
emerging opportunities.
We are pleased to share that the conversion of our Rs. 185 crore data centre LOI
into orders has commenced, with the receipt of our first order worth Rs. 29 crore
from a customer last week. This marks an important step in translating the
opportunity into business and demonstrates the progress we are making in
expanding our presence in this segment.
Our focus remains on strengthening our manufacturing capabilities, expanding
our presence across new growth segments and converting the available
opportunities into sustainable business growth. We will continue to invest
proactively in capacities and capabilities to position the company for its next
phase of growth.”
About Venus Pipes & Tubes Ltd
(https://www.venuspipes.com/; BSE: 543528; NSE: VENUSPIPES)
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless-steel pipes and
tubes. The company is into manufacturing of stainless steel tubes / pipes products along
with fittings and spoolings. Company manufactures pipes / tubes in two broad categories
- seamless tubes / pipes and welded tubes / pipes under which five categories of products
are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless
steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel
welded pipes and stainless-steel LSAW pipes. The company sells products in both domestic
and international markets. Venus Pipes & Tubes exports its products to more than 30
countries including UK, US, Middle East and countries in the European Union, etc.
For more information, contact:
Company : Venus Pipes & Tubes Investor Relations : Strategic Growth Advisors
Ltd.
E-mail: cs@venuspipes.com Mr. Sagar Shroff / Mr. Ayush Haria
M: +91 98205 19303 / +91 98204 62966
E-mail: sagar.shroff@sgapl.net / ayush.haria@sgapl.net
DISCLAIMER:
Certain statements that are made in the Press Release may be forward-looking
statements. Such forward-looking statements are subject to certain risks and uncertainties
like significant changes in economic environment in India and overseas, tax laws, inflation,
litigation, etc. Actual results might differ substantially from those expressed or implied.
Venus Pipes & Tubes Ltd. will not be in any way responsible for any action taken based on
such statements and discussions; undertakes no obligation to publicly update these
forward-looking statements to reflect subsequent events or circumstances.