Venus Pipes & Tubes Limited — PPTs, 10-08-2026: Investor Presentation

**Business Performance:** Venus Pipes reported its highest-ever quarterly revenue in Q1 FY27, reaching ₹320.5 Cr, a 16% YoY increase. Profit after Tax (PAT) grew 6.5% to ₹26.4 Cr. Domestic sales were robust, surging 31% YoY, driven by strong demand across end-user industries, with Welded Pipes revenue up 21% and Seamless Pipes up 15%. Exports contributed ₹93.7 Cr.

**Growth Drivers or Strategy:** The company is strategically transforming into an integrated piping solutions provider by forward integrating into pipe spooling. This move is expected to enhance value addition, improve margins, and optimize the utilization of existing manufacturing capacities.

**Recent Developments:** Venus secured a significant Letter of Intent (LOI) worth ₹185 Cr from a leading Data Centre player for Stainless Steel Spool supply. The ~₹70 Cr capital expenditure for this new spooling infrastructure is on track for commencement by year-end.

**Key Financial Metrics:** Q1 FY27 Revenue: ₹320.5 Cr (+16% YoY). EBITDA: ₹51.5 Cr (+14.7% YoY), with margins at 16.1%. PAT: ₹26.4 Cr (+6.5% YoY), with margins at 8.2%.

**Management Commentary / Outlook:** Management noted sustained domestic demand and strong enquiry levels. The focus is on increasing the contribution from higher-value products like fittings and spooling. Demand remains robust across traditional and new-age sectors, including data centers, providing clear visibility for future growth. The company remains confident in its growth momentum despite monitoring external factors affecting exports.