Vibhor Steel Tubes Limited — Investor Meet, 09-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Vibhor Steel Tubes saw revenue surge 19% and PAT jump 60% YoY, with H1 revenue at 51% of the annual target and steady ~3.8% EBITDA margins. Management highlighted strategic diversification into high-margin products like crash barriers and transmission line towers, aiming for a 75% pipe, 25% diversified product mix. The new Orissa plant, operational despite initial hiccups, is pivotal for catering to Northeast India and leveraging lower raw material costs. Capacity utilization is around 50% currently, with Q4 Orissa target at 30%. Strong order inflows and rising steel prices signal a robust H2. The company expresses a confident outlook on growth and market demand.