Intimation

Date: August 17,2026 To, To, Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Dalal Street, Kurla Complex, Bandra (East), Mumbai – Mumbai - 400001 400051 Scrip Code: 543528 ISIN- INE0JA001018 Symbol: VENUSPIPES Sub: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Transcript of Earnings Call. Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of the Earnings Call held on August 10, 2026, post announcement of financial results of the Company for quarter ended on June 30, 2026. The audio recording of the Earnings call along with the Transcript has been uploaded on the Company's website https://www.venuspipes.com This is for your information and record. Thanking you, Yours faithfully, For Venus Pipes & Tubes Limited CS Pavan Kumar Jain Company Secretary and Compliance Officer Membership No. A66752 “Venus Pipes and Tubes Limited Q1 FY27 Earnings Conference Call” August 10, 2026 E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock exchange on 10th August 2026 will prevail MANAGEMENT: MR. ARUN KOTHARI – MANAGING DIRECTOR – VENUS PIPES AND TUBES LIMITED MR. DHRUV PATEL – WHOLE-TIME DIRECTOR – VENUS PIPES AND TUBES LIMITED MR. KUNAL BUBNA – CHIEF FINANCIAL OFFICER – VENUS PIPES AND TUBES LIMITED SGA, INVESTOR RELATIONS ADVISOR – VENUS PIPES AND TUBES LIMITED MODERATOR: MS. SNEHA TALREJA – NUVAMA Page 1 of 20 Venus Pipes and Tubes Limited August 10, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Q1 FY27 Earnings Conference Call of Venus Pipes and Tubes Limited hosted by Nuvama. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectations of the company as on the date of this call. These statements do not guarantee the future performance of the company and may involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touch- tone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Sneha Talreja from Nuvama. Thank you, and over to you, ma'am. Sneha Talreja: Thank you so much. Good afternoon, everyone. On behalf of Nuvama, I welcome you all to Q1 FY27 Earnings Conference Call of Venus Pipes and Tubes Limited. We are pleased to have with us management team of Venus Pipes represented by Mr. Arun Kothari, MD; Mr. Dhruv Patel, Whole-Time Director; and Mr. Kunal Bubna, CFO. We will have our opening remarks from the management followed by the Q&A. Thank you, sir, and over to you, Arun, sir. Arun Kothari: Good afternoon, and warm welcome to everyone on the Q1 FY27 Earnings Call of Venus Pipes and Tubes Limited. I am joined by Mr. Dhruv Patel, our Director; Mr. Kunal Bubna, our CFO; and SGA, our Investor Relations Adviser. We have uploaded our Q1 FY27 presentation on the Stock Exchanges and on the company's website, and I hope you have had an opportunity to go through the same. I will begin with a brief overview of the operational environment, followed by an update on our business and capacity expansion initiatives and then discuss our performance across domestic and export markets. The global operating environment continues to remain uncertain with geopolitical development, supply chain disruption and volatility in commodity prices impacting business across markets. At the same time, the medium- to long-term outlook for the manufacturing and infrastructure remains encouraging. India continues to stand out as one of the key growth economies globally, supported by healthy domestic demand, infrastructure investment, manufacturing expansion, and increasing localization across industries. The continued shift towards India as a manufacturing and sourcing destination is also creating opportunities for Indian engineering and industrial product manufacturers. For the stainless steel industry, we see structural growth opportunities across sectors such as oil and gas, chemical, petrochemical, power, pharmaceutical and other process industry, the new demand is also coming from the data center. We believe these trends provide a strong foundation for the industry's growth over the coming years. Page 2 of 20 Venus Pipes and Tubes Limited August 10, 2026 Coming to Venus, we are building our next phase of growth. We remain focused on building a comprehensive stainless steel engineering platform, combining scale, product breadth, quality, and global reach. Our objective is to establish Venus as the first reference and preference for stainless steel engineering solution. Over the last few years, we have consistently invested ahead of demand to strong our capacity and our product portfolio. We are now entering an important phase where these investments are beginning to translate into new growth opportunities. Now I will hand over the call to Mr. Dhruv Patel for updates on the quarter. Dhruv Patel: Thank you, Arunji. Speaking of the quarter gone by, we continue to see healthy demand across our key end user industries. A key development, as announced on our last call has been the commencement of our fittings and value-added Seamless and welded pipes and tubes capacities in May. We have started receiving encouraging response from our customers for these products. As with any new product category, customer approval and certifications are an important part of the process, and we are working closely with customers across industries to complete these requirements. We expect penetration to improve progressively as these approvals come through and customers start scaling up their orders. We took another important step towards forward integration by entering into pipes spool business with a planned capex of around INR70 crores backed by LOI from client in data center segment as announced in the previous quarter. The project is progressing well, and we remain on track to commence the spooling facility by end of this year. Venus has been among the early players in the stainless-steel pipes and tubes industry to pursue forward integration into fittings and now spooling. These initiatives are an important part of our strategy to progressively build a one-stop piping solution for our clients. By expanding our product basket, we will be able to address a large share of our customers' requirement, enter higher-value applications and deepen our relationship with clients. We also expect this to improve our product mix over time. Coming to our performance during the quarter. Revenue growth was driven by a combination of volume growth and higher realization. With realization benefiting from the increase in steel prices, while higher steel prices supported reported revenues, our EBITDA per kg also improved. We also saw higher growth in Welded Pipes and tubes during the quarter, while the contribution from Seamless Pipes and tubes also remained healthy. Going forward, our focus will remain on improving our product mix, increasing the contribution from value-added products and driving operating efficiencies. As our newer capacities scale up, we expect these initiatives to support the quality of our earnings and margins. On the geographical performance, our domestic business continued to witness healthy demand across key end markets. Page 3 of 20 Venus Pipes and Tubes Limited August 10, 2026 We remain focused on sectors with strong structural demand for stainless steel pipes and tubes, including oil and gas, chemical, pharmaceut [Showing first 8,000 characters — download PDF for full document]