Venus Pipes & Tubes Limited — Investor Meet, 31-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Venus Pipes & Tubes reported FY25 revenue growth of 19% to INR 958.5 Cr, led by 17% volume growth with seamless pipes up 25% and welded pipes up 10%. EBITDA rose 14.6% to INR 167.6 Cr (17.5% margin), while PAT grew 8.1% to INR 92.9 Cr (9.7% margin). Exports tripled to INR 338 Cr (35% of sales). A large INR 190 Cr stainless steel seamless boiler tube order highlights strong technical capabilities. New value-added welded tubes capacity started, with plans for fittings and high-grade pipes in FY26. Order book is ~INR 575 Cr (40% exports). Management targets 20%+ revenue CAGR over FY26-27 with 16-18% EBITDA margins, focusing on exports, product diversification, and critical sectors amid cautious optimism.