Venus Pipes & Tubes Ltd
Venus Pipes & Tubes Q1 FY27 earnings call: Revenue & Margins
Q1 FY27 earnings call: what management said on revenue, margins and capex.
Guidance rank: #14 of 100 in Industrial Products
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What the Q1 FY27 call signalled
4 of 4 strong
The short version
Venus Pipes targets around 20% revenue growth for FY27 and aims to maintain a similar growth rate in the coming years. Venus Pipes targets a revenue growth of around 20% for FY27, with a CAGR of approximately 23% expected to double revenues by FY30 (Page 13-16).
From Venus Pipes & Tubes Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- Venus Pipes targets around 20% revenue growth for FY27 and aims to maintain a similar growth rate in the coming years.
- The company expects to double its revenues by FY29 or FY30, implying a CAGR of approximately 20-23%.
- Volume growth is projected above 15% for FY27, considering all segments (Seamless, Welded, Fittings, and Spooling).
- Utilization levels are currently around 90% for Seamless and 60% for Welded, with capacity ramp-ups expected to drive further growth.
- Incremental capacity expansions, especially in Seamless pipes and new segments like fittings and spooling, are expected to support top-line growth.
- Growth is supported by demand from emerging sectors such as data centers, solar, power, semiconductor, and CNG infrastructure.
2 more points from Venus Pipes & Tubes Ltd's call on revenue
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Profitability & Margins
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Capital Expenditure Plans
- Venus Pipes and Tubes Limited is undertaking a capex of approximately INR 70 crores for a spooling facility, expected to commercialize by Q3 FY27.
- Additional capex of around INR 15 crores is allocated for maintenance and solar plant-related investments.
- Total capex for the year is targeted at around INR 100-110 crores.
- The spooling facility is projected to contribute more than 3x asset turns and is expected to generate about 5% of total revenue in FY27 and 8%-10% in FY28.
2 more points from Venus Pipes & Tubes Ltd's call on capex
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Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Venus Pipes & Tubes Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at approximately INR 600 crores, up from around INR 450 crores last quarter.
- Incremental order inflows of about INR 150 crores predominantly from power, engineering, chemical, and oil & gas sectors.
- The order book includes both domestic and export orders, with export constituting over 40-45% of current orders.
- Additional Letter of Intent (LOI) for spooling project worth INR 185 crores, contributing to an overall pipeline nearing INR 800 crores.
2 more points from Venus Pipes & Tubes Ltd's call on order book
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Venus Pipes & Tubes Ltd — Quarterly revenue & net profit
Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹302 Cr, net profit ₹26 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Venus Pipes's management said in earlier quarters
- Q2 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Q1 FY27 Revenue from Operations: ₹13.75 crore, down from ₹17.85 crore in Q1 FY26 (approx. Key investor presentation takeaways from Expo Engineering and Projects
- Sh. Bajrang All. (Q1 FY27)
Shareholding pattern as of 30 June 2026: Promoter 63.97%, Public 36.03%. Key investor presentation takeaways from Shri Bajrang Alliance Ltd's Q1 FY27 investor p
- Bedmutha Indus. (Q1 FY27)
Revenue from Operations for the year ended March 31, 2026: Rs 1466.74 crores versus Rs 1049.33 crores for March 31, 2025, indicating a significant year-on-year…
- Horizon Reclaim (Q1 FY27)
Reported Revenue (₹ Cr): . Key investor presentation takeaways from Horizon Reclaim (India) Ltd's Q1 FY27 investor presentation — and how it ranks against secto
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Venus Pipes & Tubes Ltd Q1 FY27 results?
Venus Pipes targets around 20% revenue growth for FY27 and aims to maintain a similar growth rate in the coming years. Venus Pipes targets a revenue growth of around 20% for FY27, with a CAGR of approximately 23% expected to double revenues by FY30 (Page 13-16).
What is Venus Pipes & Tubes Ltd share price analysis?
Venus Pipes & Tubes Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 33.0 with a market cap of ₹3,375 Cr. Investors should review the full earnings analysis for detailed insights.
Is Venus Pipes & Tubes Ltd planning capital expenditure?
Venus Pipes and Tubes Limited is undertaking a capex of approximately INR 70 crores for a spooling facility, expected to commercialize by Q3 FY27.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.