BSECompany Update12 Aug 2026 · 12 Aug 2026, 09:56 am
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Vibhor Steel Tubes Ltd · 544124
✦ AI Summary▲ PositiveResults
Vibhor Steel Tubes Ltd has reported a 27% surge in revenue at Rs 293.69 crore in Q1FY2026-27, backed by strong demand and product diversification. The company's operating income increased by 27.16% and EBITDA was up 21% at Rs 12.37 crore. However, net profit decreased by 39% at Rs 1.93 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10
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Vibhor Steel Tubes Ltd - 544124 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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VIBHOR STEEL TUBES LIMITED
(Formerly known as Vibhor Steel Tubes Private Limited)
CIN: L27109HR2003PLC035091
Regd. Office: Plot No. 2, Industrial Development Colony, Delhi Road, Hisar, Haryana – 125005
📞 01662-237359, 222710 ✉️ contact@vstlindia.com 🌐 www.vstlindia.com
VSTL: CS: PR/2026-27 /02
Date: 12/08/2026
To, To,
Department of Corporate Affairs, Listing Department
BSE LIMITED, National Stock Exchange of India Limited
P.J Towers, Dalal Street, Exchange Plaza, C-1 Block G, Bandra
Mumbai – 400001 Kurla
Complex Bandra [E], Mumbai – 400051
BSE Scrip Code: 544124 NSE Symbol: VSTL
Dear Sir/Madam,
Sub: Press Release- Financial results for the quarter ended June 30, 2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, enclosed herewith is the press release issued by Vibhor Steel Tubes
Limited on the captioned subject, the content of which is self-explanatory.
This is for the information of the Exchange and the members.
Thanking You,
Yours faithfully,
For Vibhor Steel Tubes Limited
Ms. Pallavi Aggarwal
Company Secretary & Compliance Officer
Mem No. A42227
Encl: as above
Manufacturing Units:
Maharashtra - Pipe Nagar (Vill. Sukeli), NH-17 BKG Road, Via – Nagothane, Teh. Roha, Distt. Raigad, Maharashtra – 402126
Telangana - SY No. 515 & 516, Udithyala (V), Balanagar (M), Mahabubnagar (Dist.), Telangana – 509202
Odisha - Plot No. 45, Podbahal, Bhasma-42, Sadar Sundargarh, Sundargarh, Odisha – 770019
Vibhor Steel Tubes posts 27% surge in revenue at Rs 293.69 crore in Q1FY2026-27 backed by strong
demand and product diversification
Operating Income increased by 27.16% at Rs 293.69 crore
EBITDA was up nearly 21% at Rs 12.37 crore
Mumbai, August 12, 2026: Haryana-based high-quality steel tubes and pipes maker, Vibhor Steel
Tubes Ltd (VSTL), registered 27.16 per cent rise in operating revenue on a standalone basis at Rs 293.69
crore for the first quarter ended June 30, 2026, up from Rs 230.96 crore same period last year as a
result of increase in sales from high value-added products from the recently operationalised Odisha
plant.
Net profit on standalone basis decreased by 39 per cent at Rs 1.93 crore during the period under
review, as compared with Rs 3.14 crore last year. EBITDA on a standalone basis increased by 21 per
cent at Rs 12.37 crore as compared with Rs 10.26 crore same period last year.
The company recently incorporated a wholly owned subsidiary - Viyom Steel Infra Pvt Ltd for
manufacturing high-quality steel products such as transmission towers, monopoles, crash barriers,
octagonal poles and high mast poles among others aimed at serving the infrastructure sector.
Particulars Q1FY27 Q1FY26 Growth (%)
Operating Income (Rs crore) 293.69 230.96 27.16
EBITDA (Rs crore) 12.37 10.26 20.57
Net Profit (Rs crore) 1.93 3.14 (38.54)
EPS (Rs) 1.02 1.66 (38.55)
Commenting on the performance, Vijay Kaushik, Chairman and Executive Director, Vibhor Steel
Tubes, said, “The geopolitical situation and global volatility notwithstanding, we have been able to
post a healthy growth in both our topline and operating profitability. There has been a significant uptick
in demand for value-added steel products from across the country for infrastructure and real estate
projects. Our plant at Sundargarh in Odisha, with a capacity to produce 156,000 MTPA, has been able
to capture a significant share of this demand. We have also incorporated a subsidiary Viyom Steel Infra
so as to cater to the growing demand from infrastructure sector moving forward. We expect our
topline to improve further in the coming quarters backed by steady diversification into value-added
steel segment.”
VSTL recently commenced supply of the Electric Resistance Welded (ERW) and Galvanized (GI) Pipes
produced from its greenfield plant located at Sundargarh in Odisha. Commercial production at the
156,000 MTPA facility in Odisha had started in July 2025. The plant, which entailed a total investment
of Rs 119.83 crore, offers several value-added steel products such as crash barriers, Power
Transmission Line Towers, high mast lighting poles, octagonal poles and monopoles.
The company manufactures steel products such as electric resistance welded pipes, hot-dipped
galvanized pipes, hollow section pipes, primer painted pipes, crash barriers, Power Transmission Line
Towers, high mast lighting poles, octagonal poles and monopoles among others. VSTL, which has a
contract manufacturing agreement with Jindal Pipes to manufacture and supply finished goods under
the brand name Jindal Star, currently sees over 80 per cent of its total turnover coming from this one
segment.
Crisil Ratings had recently assigned ‘BBB+/Stable’ long-term rating and ‘Crisil A2’ short-term rating to
its bank loan facilities aggregating to Rs 370 crore. The rating reflects VSTL’s established market
position in the steel tubes and pipes segment, its consistent operational performance, and prudent
financial management.
About the company
Vibhor Steel Tubes Ltd. (VSTL) is a more than two decades old manufacturer, exporter and supplier of
high-quality steel products to various heavy engineering industries in India. The company’s product
portfolio includes ERW pipes which can be used in sectors such as water transport, oil & gas, etc.; hot-
dipped galvanized pipes which have applications in agriculture, infrastructure, building materials, etc.;
hollow sections tubes which are used in offices, factories, hotels, etc.; crash barriers which are used in
railways, highways & roads, etc. and; transmission line towers which is primarily used in power sectors,
as well as high mast lighting poles, octagonal poles and monopoles.
VSTL has been working with Jindal Pipes Limited since 2003. It manufactures & supplies the finished
goods to "Jindal Pipes Limited" vide the renewed agreement dated April 01, 2023 under the brand
name "Jindal Star".
For Media Queries Deepali Shah 90295 57708 deepali@fortunapr.com
For IR Queries Rajshree Ganguly 98338 07235 rajshree@fortunapr.com