Venus Pipes & Tubes Reports All-Time High Quarterly Revenue of ₹320.5 Crore in Q1 FY27

Venus Pipes & Tubes Limited, a leading Indian manufacturer and exporter of stainless-steel pipes, tubes, and fittings, has announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27), achieving its highest-ever quarterly revenue.

Key Financial Highlights

Revenue from Operations: Reached an all-time high of ₹320.5 crore in Q1 FY27, delivering a 16.0% year-on-year (YoY) growth compared to ₹276.4 crore in Q1 FY26. On a quarter-on-quarter (QoQ) basis, revenue rose 6.1% over ₹302.2 crore reported in Q4 FY26.

EBITDA: Advanced 14.7% YoY to ₹51.5 crore in Q1 FY27, up from ₹44.9 crore in Q1 FY26 and 4.3% higher than ₹49.4 crore recorded in Q4 FY26.

EBITDA Margin: Came in at 16.1% for the quarter, compared to 16.2% in Q1 FY26 and 16.3% in Q4 FY26.

Profit After Tax (PAT): Grew 6.5% YoY to ₹26.4 crore in Q1 FY27 compared to ₹24.8 crore in Q1 FY26. Sequentially, net profit increased 3.9% over ₹25.4 crore in Q4 FY26.

PAT Margin: Stood at 8.2% in Q1 FY27 compared to 9.0% in Q1 FY26 and 8.4% in Q4 FY26.

Key Operational Highlights:

- Revenue from Welded Pipes / Tubes witnessed a growth of 21% and Seamless Pipes / Tubes witnessed growth of 15% for Q1FY27 on year-on-year basis

- Domestic growth stood robust at 31% with strong demand from end user industries, while exports continued to remain around 30% of as a share of our revenues standing at INR 94 Cr for the quarter

- Forward integration into Pipe spooling remains on track for commencement by December 2026

Commenting on the performance, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said, "We have entered FY27 on a strong note, delivering our highest-ever quarterly revenue of Rs. 320.5 crores, representing a healthy growth of 16% year-on-year. This performance reflects sustained demand across our key domestic end markets, supported by our diversified presence across industries and strong customer relationships. We continue to see healthy enquiry levels and remain well positioned to capitalize on emerging opportunities across our addressable markets.

Our expansion into fittings and other value-added pipes and tubes has received an encouraging response from customers. Over the medium term, we intend to steadily increase the contribution of these higher-value products to our overall revenue mix, strengthening our product portfolio and further differentiating Venus Pipes from its peers. In parallel, our forward integration into the spooling business is progressing as planned, with the capex execution on track.

Looking ahead, demand continues to remain robust across both traditional industrial sectors and emerging applications. New-age sectors such as data centers, clean energy and other segments are opening up new opportunities for stainless steel pipes and tubes, providing us with strong visibility for the years ahead.

On the export front, the geopolitical situation remains an area of watch. In addition, freight rates continue to remain a factor that we are monitoring closely. While these external factors may create near-term uncertainty, we remain focused on operational efficiency and maintaining close engagement with our customers.

Overall, we remain confident in the underlying demand environment and our ability to leverage our expanding product portfolio, new growth opportunities and execution capabilities to sustain our growth momentum and create long-term value for all stakeholders."

Shares of Venus Pipes & Tubes Limited was last trading in BSE at Rs. 1618.90 as compared to the previous close of Rs. 1604.65. The total number of shares traded during the day was 21187 in over 2143 trades.

The stock hit an intraday high of Rs. 1724.95 and intraday low of 1582.20. The net turnover during the day was Rs. 35360372.00.

Source : Equity Bulls

Keywords

VenusPipesandTubes INE0JA001018 Q1FY27 Q1FY2027 ResultUpdate