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Venus Pipes & Tubes Ltd. (VENUSPIPES) AI Stock Analysis
Venus Pipes & Tubes Ltd.
(NSE:VENUSPIPES)
The score is primarily held back by weak cash conversion and negative free cash flow despite strong growth and improving margins. Technicals are supportive with a strong uptrend, but overbought signals add short-term risk. Valuation is a headwind given the high P/E and very low dividend yield.
Venus Pipes & Tubes Ltd. (VENUSPIPES) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 37.44B
- Dividend Yield
- 0.08%
- Average Volume (3M)
- 10.66K
- Price to Earnings (P/E)
- 35.9
- Beta (1Y)
- 1.42
- Revenue Growth
- 21.73%
- EPS Growth
- 13.47%
- Country
- India
- Employees
- 959
- Sector
- General
- Sector Strength
- 55
- Industry
- Steel
Venus Pipes & Tubes Ltd. Business Overview & Revenue Model
Company Description
Venus Pipes and Tubes Limited, an Indian-based enterprise established in 2015 with its headquarters in Dhaneti, is a key player in the manufacturing and distribution of stainless steel pipes and tubes. The company provides a comprehensive range of st...
How the Company Makes Money
Venus Pipes & Tubes Ltd. primarily makes money by manufacturing and selling stainless-steel tubular products. Its revenue model is product-sales driven, with key revenue streams coming from (1) sales of stainless-steel welded pipes and tubes and (2)...
Venus Pipes & Tubes Ltd. Financial Statement Overview
Summary
Strong multi-year revenue growth and improved gross/operating margins support a solid income statement (78) and the balance sheet is acceptable with moderate leverage despite rising debt (72). However, cash generation is a major weakness: operating cash flow is low versus profits and free cash flow is negative in most recent years (cash flow score 38), which meaningfully drags overall financial quality.
Income Statement
78PositiveBalance Sheet
72PositiveCash Flow
38Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.11B | 11.67B | 9.59B | 8.02B | 5.52B | 3.87B |
| Gross Profit | 3.77B | 3.22B | 2.63B | 1.57B | 1.08B | 719.07M |
| EBITDA | 1.93B | 2.02B | 1.78B | 1.49B | 714.99M | 496.65M |
| Net Income | 1.04B | 1.02B | 928.89M | 859.79M | 442.07M | 316.68M |
Balance Sheet | ||||||
| Total Assets | 0 | 13.00B | 10.08B | 7.58B | 5.07B | 2.48B |
| Cash, Cash Equivalents and Short-Term Investments | 297.48M | 297.48M | 183.49M | 103.07M | 269.72M | 39.24M |
| Total Debt | 0 | 2.87B | 1.92B | 1.49B | 904.62M | 639.62M |
| Total Liabilities | -6.68B | 6.31B | 4.77B | 3.51B | 1.85B | 1.19B |
| Stockholders Equity | 6.68B | 6.68B | 5.31B | 4.06B | 3.22B | 1.29B |
Cash Flow | ||||||
| Free Cash Flow | -532.10M | -1.10B | -661.03M | -552.13M | -1.53B | -805.53M |
| Operating Cash Flow | 345.35M | 788.93M | 422.84M | 522.32M | 86.90M | -600.03M |
| Investing Cash Flow | -975.82M | -2.04B | -1.16B | -997.30M | -1.67B | -228.29M |
| Financing Cash Flow | 777.82M | 1.28B | 752.51M | 377.78M | 1.69B | 827.74M |
Venus Pipes & Tubes Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VENUSPIPES, the sentiment is Neutral. The current price of 1801.45 is below the 20-day moving average (MA) of 1951.22, below the 50-day MA of 1905.18, and above the 200-day MA of 1476.71, indicating a neutral trend. The MACD of -63.18 indicates Positive momentum. The RSI at 41.79 is Neutral, neither overbought nor oversold. The STOCH value of 48.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VENUSPIPES.
Venus Pipes & Tubes Ltd. Peers Comparison
Overall Rating
IN:RATNAMANI71Outperform
IN:APLAPOLLO70Outperform
IN:SURYAROSNI69Neutral
IN:JINDALSAW61Neutral- IN:VENUSPIPES59Neutral
IN:MANINDS55Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:RATNAMANI | 71Outperform | INR 162.60B | 37.55 | ― | 0.43% | -16.30% | -24.14% |
| IN:APLAPOLLO | 70Outperform | INR 600.02B | 46.05 | ― | 0.39% | 15.83% | 24.85% |
| IN:SURYAROSNI | 69Neutral | INR 44.23B | 14.23 | ― | 2.47% | 11.69% | 8.23% |
| IN:JINDALSAW | 61Neutral | INR 146.03B | 26.52 | ― | 0.88% | -0.73% | -60.06% |
| IN:VENUSPIPES | 59Neutral | INR 37.32B | 35.91 | ― | 0.08% | 21.73% | 13.47% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:MANINDS | 55Neutral | INR 54.45B | 26.52 | ― | ― | 10.75% | 9.71% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:VENUSPIPES | Venus Pipes & Tubes Ltd. | 1801.45 | 533.54 | 42.08% | |
| IN:APLAPOLLO | APL Apollo Tubes Limited | 2161.00 | 370.34 | 20.68% | |
| IN:JINDALSAW | Jindal Saw Limited | 228.35 | 55.59 | 32.18% | |
| IN:MANINDS | Man Industries (India) Limited | 725.95 | 326.55 | 81.76% | |
| IN:RATNAMANI | Ratnamani Metals & Tubes Ltd. | 2319.85 | -150.56 | -6.09% | |
| IN:SURYAROSNI | Surya Roshni Limited | 203.25 | -95.47 | -31.96% |
Venus Pipes & Tubes Ltd. Corporate Events
Venus Pipes & Tubes Starts Commercial Pipe Spooling Operations
Venus Pipes & Tubes Ltd. has commenced commercial production of its new pipe spooling manufacturing operations as of October 20, 2026. This marks an expansion of its manufacturing capabilities, potentially enhancing its ability to deliver value-a...
Venus Pipes Starts Pipe Spooling Operations Early to Target Data Centre Demand
Venus Pipes & Tubes Ltd has begun operations at part of its new dedicated pipe spooling manufacturing capacity in Dhaneti, Gujarat, ahead of its previously planned December 2026 start date. The move signals a strategic push into higher value-adde...
Venus Pipes & Tubes Secures Shareholder Approval for All EGM Resolutions
Venus Pipes & Tubes Ltd. held its Extraordinary General Meeting on October 8, 2026 via video conferencing, with remote e-voting conducted from October 4 to October 7 and additional e-voting enabled during the meeting. The company reported that al...
Venus Pipes & Tubes Plans Rs 372 Crore Preferential Share Issue at October EGM
Venus Pipes & Tubes Ltd. has called an Extraordinary General Meeting on October 8, 2026, to be conducted via video conferencing and other audio-visual means, with its registered office in Bhuj, Gujarat deemed as the venue. The notice has been dis...
Venus Pipes & Tubes Plans Rs. 372-Crore Preferential Share Issue
Venus Pipes & Tubes Ltd. has approved a preferential issue of up to 2,227,544 equity shares at Rs. 1,670 per share, raising about Rs. 372 crore in cash from identified investors. The move is structured under applicable Indian company and securiti...
Venus Pipes & Tubes Secures Shareholder Nod on All Resolutions at 12th AGM
Venus Pipes & Tubes Ltd. reported that its 12th Annual General Meeting was held on September 11, 2026 via video conferencing and other audio-visual means, with remote e-voting conducted ahead of the meeting and electronic voting available during...
Venus Pipes & Tubes Extends Board Tenures to 2031
Venus Pipes & Tubes Ltd. has secured shareholder approval at its 12th Annual General Meeting for the re-appointment of key promoter-directors, including Chairman and Managing Director Arun Axaykumar Kothari, along with Megharam Sagramji Choudhary...
Venus Pipes & Tubes Holds 12th AGM via E-Voting, Reports Clean Audit
Venus Pipes & Tubes Ltd. convened its 12th Annual General Meeting on September 11, 2026 via video conferencing in line with Ministry of Corporate Affairs and SEBI guidelines, with Chairman Arun Axaykumar Kothari presiding and confirming quorum. B...
Venus Pipes & Tubes bets on board continuity with fresh five-year terms
Venus Pipes & Tubes Ltd. has approved the re-appointment of Chairman and Managing Director Arun Axaykumar Kothari, along with promoter-executive whole-time directors Megharam Sagramji Choudhary and Dhruv Mahendrakumar Patel, for further five-year...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 19, 2026