Venus Pipes & Tubes Ltd

Venus Pipes & Tubes Reports Record Revenue & Expansion Plans 🚀📈

- Record Q2 FY26 revenue: ₹291.5 Cr, up 27% YoY

- Export sales at all-time high: ₹115.6 Cr (40% of revenue), +53% YoY

- Healthy order book: ₹490 Cr provides strong visibility

- New capacity added: 1,800 MTPA stainless steel seamless pipes/tubes, total seamless capacity now 16,200 MTPA

- EBITDA: ₹47.4 Cr (+16% YoY), margin at 16.3%

- PAT: ₹26.1 Cr (+10% YoY), margin at 8.9%

- FY26 revenue growth guidance maintained at 25%

- Future margin outlook: 16-18%, potential upside from value-added products

- Expansion plans on track: Fittings & seamless pipes/tubes capacity to be operational in H2 FY26

- Market shift noted: Unorganized to organized sector due to quality preferences

- Export markets: Europe & Middle East strong, US facing geopolitical challenges

- Pursuing new approvals in Middle East & Southeast Asia for market expansion