Venus Pipes & Tubes Limited — PPTs, 12-08-2025: Investor Presentation

**Financial Highlights:**

Venus Pipes & Tubes reported Q1 FY26 revenue of INR 276.4 Cr, up 15.1% YoY, reaching an all-time high. EBITDA was INR 44.9 Cr (16.2% margin) and PAT INR 24.8 Cr (9.0% margin). Revenue from seamless pipes grew 13% YoY and welded pipes 10% YoY. Exports were a key driver, surging 69% YoY to INR 103.1 Cr, making up 37.3% of total revenue.

**Strategic Initiatives & Growth Drivers:**

The company's capacity expansion for fittings, seamless pipes, and piercing lines is on track, with operations expected to commence from H2 FY26. A total capex of ~INR 175 Cr is allocated for this expansion, including new value-added fittings and higher diameter pipes to cater to increasing demand.

**Business Developments:**

Order flow remains strong, especially with high enquiries from the Power sector. The company continues to receive approvals from leading customers, reinforcing its healthy order book. Its global presence is expanding, with exports now reaching over 30 countries.

**Market Position & Competitive Advantage:**

Venus Pipes maintains a niche position as a stainless-steel pipe and tube manufacturer, offering value-added and customized products for critical industrial applications. Its extensive domestic and global reach, combined with strong customer relationships, creates significant differentiation and ensures steady repeat business.

**Investor Implications:**

These updates highlight the company's positive growth potential, driven by robust revenue, strong export performance, and strategic capacity expansions. The focus on high-quality, specialized products for diverse industries positions Venus Pipes to capitalize on emerging opportunities and deliver long-term value to stakeholders.