Venus Pipes & Tubes Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Venus Pipes and Tubes reported record quarterly revenue of Rs 320.5 crore in Q1 FY27, up 16% year-on-year, with EBITDA of Rs 51.5 crore and PAT of Rs 26.4 crore. Domestic revenue grew 31% while exports declined slightly due to geopolitical disruptions, and the order book stood at over Rs 600 crore excluding a Rs 185 crore data center LOI. Management discussed progress on new fittings, seamless and welded capacity, and a planned pipe spooling facility expected to be commissioned by the end of the year.
Venus Pipes and Tubes reported Q4 FY26 revenue of Rs 302.2 crore, up 17% year-on-year, and FY26 revenue of Rs 1,166.8 crore, up 22%, with EBITDA margin at 16.3% for both the quarter and the year. Management said the company completed its capex program including forward integration into fittings and expanded seamless capacity to 6,000 metric tons per annum, and announced a new Rs 70 crore capex into spooling solutions backed by a Rs 185 crore LOI from a data center customer. Exports declined in the quarter due to disruption from the Middle East conflict, while domestic demand remained robust across power, oil and gas, and engineering sectors.