Will Venus Pipes Sustain Its Growth Momentum Amid Rising Demand?
About Venus Pipes & Tubes
Venus Pipes & Tubes Ltd manufactures stainless-steel welded and seamless pipes catering to industrial, infrastructure, and export markets. Its strong manufacturing base and widening product portfolio have enabled consistent growth despite commodity headwinds.
The company posted healthy double-digit revenue and profit growth in Q2 FY26 with improving capacity utilization and higher export realization.
Financial Highlights (Q2 FY26)
| Metric | Q2 FY26 | YoY |
|---|---|---|
| Revenue | ₹291 Cr | +27.6% |
| EBITDA | ₹47.5 Cr | +16.0% |
| EBITDA Margin | 16.3% | vs 17.9% |
| PAT | ₹26 Cr | +10.2% |
Revenue ₹291 Cr — boosted by steady export demand and domestic project orders.
EBITDA ₹47.5 Cr — margin moderation offset by improved cost control.
PAT ₹26 Cr — reflects consistent profitability amid capacity ramp-up.
Short-term traders can monitor levels through the Nifty Chart Analysis.
Peer Comparison
| Company | Focus Area | EBITDA Margin |
|---|---|---|
| Venus Pipes | Stainless Steel Pipes | 16.3% |
| Ratnamani Metals | Welded & Seamless | 14.5% |
| Jindal SAW | ERW Pipes | 13.2% |
Venus continues to outperform peers in margins and operational efficiency despite volatile metal prices.
Strengths & Weaknesses
Strengths
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Weaknesses
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Despite margin softness, robust order book and export strength support visibility.
Opportunities & Threats
Opportunities
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