Venus Pipes & Tubes Limited — Investor Meet, 12-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Venus Pipes reported strong Q3 FY'26 revenue of INR296.7 Cr (+28.3% YoY), EBITDA of INR48.8 Cr (+31% YoY) with 16.4% margin, and PAT of INR25.6 Cr (+42% YoY). Nine-month revenue reached INR864.7 Cr. The order book stands at INR470 Cr, up significantly. New capacities for fittings and seamless pipes are on track, expected live by March 2026, driving FY27 revenue growth over 20% and aiming for 18% EBITDA margins by FY28 through value-added products. Management is confident about robust domestic demand, easing US tariffs boosting exports, and substantial power sector opportunities. The sentiment is positive.