Venus Pipes & Tubes Ltd (VENUSPIPES) — shareholding pattern, promoter holding, financials and share price
About Venus Pipes & Tubes Ltd (VENUSPIPES)
Venus Pipes & Tubes Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as VENUSPIPES and on the BSE under scrip code 543528. Its ISIN is INE0JA001018.
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products 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 box pipes. [1]
Venus Pipes & Tubes Limited manufactures stainless-steel seamless and welded pipes, tubes, condenser tubes and related fittings from an integrated facility at Dhaneti, Kutch, serving domestic and international customers across power, oil & gas, petrochemicals, engineering, pharmaceuticals and other critical industries with approvals and certifications for global supply.
The company reported an all-time high quarterly revenue of INR 296.7 crore in Q3 FY26 (+28% YoY), with EBITDA of INR 48.8 crore (16.4% margin) and PAT of INR 25.6 crore (8.6% margin), reflecting simultaneous top-line growth and operating leverage despite one-time labour code impacts reported for the period.
Listed peers in Iron & Steel Products: Shivalik Bimetal Controls Ltd, Man Industries (India) Ltd, Kalyani Steels Ltd, Sambhv Steel Tubes Ltd, Welspun Specialty Solutions Ltd, JTL Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹1,809 a share on 10 Jul 2026, Venus Pipes & Tubes Ltd (VENUSPIPES) was valued at a price-to-earnings ratio of 36.76x against an industry P/E of 37x and a price-to-book of 7.05x on a book value of ₹256.55 per share as of Mar 2025. Solomo computes return on equity of 19.18% and return on capital employed of 24.64% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 36.76x
- Industry P/E
- 37x
- P/B
- 7.05x
- EPS (TTM)
- ₹49.22
- Book value / share
- ₹256.55
- ROE
- 19.18%
- ROCE
- 24.64%
- ROA
- 10.11%
- Debt / equity
- 0.36x
- Dividend yield
- 0.06%
- EBITDA margin
- 17.29%
- 52-week range
- ₹890 – ₹1,875
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Venus Pipes & Tubes Ltd (VENUSPIPES) reported revenue of ₹1,167 crore, net profit of ₹102 crore and earnings per share of ₹49.22. That compares with revenue of ₹959 crore and net profit of ₹93 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹302 crore and net profit ₹26 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 387 | 552 | 802 | 959 | 1,167 |
| Net profit (₹ cr) | 32 | 44 | 86 | 93 | 102 |
| EPS (₹) | 20.81 | 21.78 | 42.36 | 45.47 | 49.22 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 40.07% | 35.31% | 19.49% |
| Profit growth | 86.40% | 43.15% | 8.04% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 48.41% of Venus Pipes & Tubes Ltd (VENUSPIPES) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.63% and domestic institutional investors (DII) hold 17.81%. Market capitalisation was ₹3,748 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2022.
Largest disclosed public shareholders in Jun 2026: KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. 4.58%, PIONEER INVESTMENT FUND SCHEME II 3.93%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA 2.9%, SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL CAP FUND 1.65%, AMBIT INDIA ASCENSION FUND 1.48%, ALCHEMY EMERGING LEADERS OF TOMORROW 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 48.41% | - | 2.63% | 17.81% | 51.59% |
| Mar 2026 | 48.41% | - | 2.71% | 17.49% | 51.59% |
| Dec 2025 | 48.41% | - | 3.96% | 17.35% | 51.59% |
| Sep 2025 | 48.44% | - | 4.25% | 15.14% | 51.56% |
| Jun 2025 | 48.12% | - | 4.93% | 14.96% | 51.88% |
| Mar 2025 | 48.12% | - | 5.81% | 14.52% | 51.88% |
| Dec 2024 | 48.12% | - | 4.3% | 14.06% | 51.88% |
| Sep 2024 | 47.94% | - | 5.25% | 14.15% | 52.06% |