Want to see IN:VENUSPIPES full AI Analyst Report?
Top Page
Venus Pipes & Tubes Ltd.
(VENUSPIPES)
Select Model
Select Model
Rating:63Neutral
Price Target:
₹2,079.00
▲(22.14% Upside)
Action:Reiterated
Date:09/09/26
The score is driven primarily by mixed fundamentals: strong growth and margin profile are offset by weak cash flow conversion and persistently negative free cash flow. Technicals are constructive with the stock in a clear uptrend, but valuation is a key headwind given the high P/E and negligible dividend yield.
Positive Factors
Strong Revenue Growth
The substantial multi-year revenue increase indicates expanding sales scale and sustained demand for the company’s stainless-steel tubular products. Continued growth provides a broader operating base, supports capacity utilization, and can strengthen the company’s market position across industrial applications over the next several quarters.
Negative Factors
Weak Operating Cash Conversion
Low operating cash flow relative to reported earnings indicates that accounting profits are not consistently converting into cash. This working-capital intensity can reduce internal funding capacity, make growth more dependent on external financing, and increase liquidity and execution risk if the pattern persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The substantial multi-year revenue increase indicates expanding sales scale and sustained demand for the company’s stainless-steel tubular products. Continued growth provides a broader operating base, supports capacity utilization, and can strengthen the company’s market position across industrial applications over the next several quarters.
Read all positive factors
Venus Pipes & Tubes Ltd. (VENUSPIPES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹41.84B
Dividend Yield0.07%
Average Volume (3M)8.13K
Price to Earnings (P/E)40.2
Beta (1Y)1.46
Revenue Growth21.73%
EPS Growth13.47%
CountryIN
Employees959
SectorGeneral
Sector StrengthN/A
IndustrySteel
Share Statistics
EPS (TTM)50.23
Shares Outstanding20,716,110
10 Day Avg. Volume12,362
30 Day Avg. Volume8,127
Financial Highlights & Ratios
PEG Ratio2.16
Price to Book (P/B)2.75
Price to Sales (P/S)1.58
P/FCF Ratio-16.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)66.64
Revenue Forecast (FY)₹14.45B
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...
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 (...
Venus Pipes & Tubes Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
38
Negative
| 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 | 3.58B | 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 | 0.00 | 13.00B | 10.08B | 7.58B | 5.07B | 2.48B |
| Cash, Cash Equivalents and Short-Term Investments | 297.48M | 297.48M | 163.42M | 103.07M | 289.52M | 39.24M |
| Total Debt | 0.00 | 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 | 88.79M | -600.03M |
| Investing Cash Flow | -975.82M | -2.04B | -1.16B | -997.30M | -1.67B | 341.14M |
| Financing Cash Flow | 777.82M | 1.28B | 752.51M | 377.78M | 1.69B | 827.74M |
Venus Pipes & Tubes Ltd. Technical Analysis
Positive
1702.10
Price Trends
1684.81
Positive
1567.84
Positive
1348.09
Positive
Market Momentum
83.13
Negative
78.64
Negative
89.40
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VENUSPIPES, the sentiment is Positive. The current price of 1702.1 is above the 20-day moving average (MA) of 1678.76, above the 50-day MA of 1684.81, and above the 200-day MA of 1348.09, indicating a bullish trend. The MACD of 83.13 indicates Negative momentum. The RSI at 78.64 is Negative, neither overbought nor oversold. The STOCH value of 89.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VENUSPIPES.
Venus Pipes & Tubes Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹597.80B | 48.66 | ― | 0.40% | 9.64% | 53.35% | |
68 Neutral | ₹199.43B | 30.46 | ― | 0.64% | -8.57% | -62.05% | |
66 Neutral | ₹46.57B | 14.96 | ― | 2.34% | 11.69% | 8.23% | |
65 Neutral | ₹65.03B | 31.66 | ― | 1.37% | 10.75% | 9.71% | |
65 Neutral | ₹196.83B | 45.52 | ― | 0.36% | -16.30% | -24.14% | |
63 Neutral | ₹41.84B | 40.22 | ― | 0.07% | 21.73% | 13.47% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:VENUSPIPES
Venus Pipes & Tubes Ltd.
2,019.80
702.76
53.36%
IN:APLAPOLLO
APL Apollo Tubes Limited
2,153.00
458.22
27.04%
IN:JINDALSAW
Jindal Saw Limited
311.85
102.48
48.95%
IN:MANINDS
Man Industries (India) Limited
867.00
451.00
108.41%
IN:RATNAMANI
Ratnamani Metals & Tubes Ltd.
2,808.15
410.51
17.12%
IN:SURYAROSNI
Surya Roshni Limited
214.00
-77.47
-26.58%
Venus Pipes & Tubes Ltd. Corporate Events
Venus Pipes & Tubes bets on board continuity with fresh five-year terms
Aug 13, 2026
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 t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.