Quarterly Result10 Aug 2026, 02:06 pm
Venus Pipes Q1FY27 Revenue Hits Record ₹320.5 Cr, Up 16% YoY
AI Summary
Venus Pipes & Tubes Ltd announced its unaudited financial results for the first quarter ending June 30th, 2026, reporting an all-time high revenue of INR 320.5 Crores, a 16.0% increase year-on-year. EBITDA grew by 14.7% to INR 51.5 Crores, while PAT rose by 6.5% to INR 26.4 Crores. The company saw strong growth in both welded (21%) and seamless (15%) pipes/tubes. Domestic demand surged by 31%, with exports contributing around 30% of revenue. Forward integration into pipe spooling is on track for December 2026. Management expressed confidence in sustained demand and leveraging new opportunities in emerging sectors.
Key Highlights
- Achieved record quarterly revenue of ₹320.5 Cr, up 16% YoY.
- EBITDA and PAT increased by 14.7% and 6.5% respectively.
- Strong domestic growth of 31% driven by end-user industries.
- Welded pipes/tubes revenue grew 21%, seamless pipes/tubes by 15%.
- Forward integration into pipe spooling on track for December 2026.
Price Impact
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