Venus Pipes & Tubes Ltd. (IN:VENUSPIPES)
:VENUSPIPES
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Venus Pipes & Tubes Ltd.
(VENUSPIPES)
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Rating:61Neutral
Price Target:
₹942.00
▼(-20.04% Downside)
Action:DowngradedDate:03/18/26
The score is driven by solid financial performance (strong growth and margins, stable balance sheet) but is held back by weak cash flow and very bearish technical signals (below key moving averages with negative momentum). Valuation is moderate with little dividend support.
Positive Factors
Revenue Growth
Consistent ~21% revenue growth signals durable demand across domestic and export channels and expanding market penetration. Over 2-6 months this supports better capacity utilization, scale advantages, and provides headroom to fund incremental margins and reinvestment into value-added products.
Negative Factors
Weak Cash Generation
Declining operating cash flow and persistently negative free cash flow from heavy capex create ongoing liquidity strain. If investments do not convert to stronger cash inflows within 2-6 months, the company may need external financing or slower reinvestment, limiting tactical flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent ~21% revenue growth signals durable demand across domestic and export channels and expanding market penetration. Over 2-6 months this supports better capacity utilization, scale advantages, and provides headroom to fund incremental margins and reinvestment into value-added products.
Read all positive factors
Venus Pipes & Tubes Ltd. (VENUSPIPES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹23.31B
Dividend Yield0.08%
Average Volume (3M)6.30K
Price to Earnings (P/E)23.5
Beta (1Y)1.39
Revenue Growth17.45%
EPS Growth-7.82%
CountryIN
Employees637
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)12.70
Shares Outstanding20,716,110
10 Day Avg. Volume4,172
30 Day Avg. Volume6,298
Financial Highlights & Ratios
PEG Ratio3.29
Price to Book (P/B)4.52
Price to Sales (P/S)2.51
P/FCF Ratio-36.36
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)74.1
Revenue Forecast (FY)₹14.78B
Venus Pipes & Tubes Ltd. Business Overview & Revenue Model
Company Description
Venus Pipes and Tubes Limited manufactures and sells stainless-steel pipes and tubes in India. The company offers stainless steel high precision and heat exchanger tubes; stainless steel hydraulic and instrumentation tubes; stainless steel seamles...
How the Company Makes Money
Venus Pipes & Tubes makes money primarily by manufacturing and selling stainless-steel tubular products. Its core revenue stream is product sales (pipes and tubes) to industrial users and intermediaries, with pricing generally driven by factors su...
Venus Pipes & Tubes Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.57B | 9.59B | 8.02B | 5.52B | 3.87B | 3.09B |
| Gross Profit | 3.16B | 2.63B | 1.57B | 1.08B | 719.07M | 478.53M |
| EBITDA | 1.84B | 1.78B | 1.49B | 714.99M | 496.65M | 368.24M |
| Net Income | 925.32M | 928.89M | 859.79M | 442.07M | 316.68M | 236.32M |
Balance Sheet | ||||||
| Total Assets | 11.76B | 10.08B | 7.58B | 5.07B | 2.48B | 1.38B |
| Cash, Cash Equivalents and Short-Term Investments | 371.09M | 163.42M | 103.07M | 289.52M | 39.24M | 69.73M |
| Total Debt | 2.60B | 1.92B | 1.49B | 904.62M | 639.62M | 378.93M |
| Total Liabilities | 5.68B | 4.77B | 3.51B | 1.85B | 1.19B | 976.07M |
| Stockholders Equity | 6.08B | 5.31B | 4.06B | 3.22B | 1.29B | 399.32M |
Cash Flow | ||||||
| Free Cash Flow | -532.10M | -661.03M | -552.13M | -1.53B | -805.53M | 62.87M |
| Operating Cash Flow | 345.35M | 422.84M | 522.32M | 88.79M | -600.03M | 113.26M |
| Investing Cash Flow | -975.82M | -1.16B | -997.30M | -1.67B | 341.14M | -24.17M |
| Financing Cash Flow | 777.82M | 752.51M | 377.78M | 1.69B | 827.74M | -91.91M |
Venus Pipes & Tubes Ltd. Technical Analysis
Positive
1178.15
Price Trends
1049.03
Positive
1129.24
Negative
1249.70
Negative
Market Momentum
-4.46
Negative
61.17
Neutral
95.41
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 1178.15 is above the 20-day moving average (MA) of 982.36, above the 50-day MA of 1049.03, and below the 200-day MA of 1249.70, indicating a neutral trend. The MACD of -4.46 indicates Negative momentum. The RSI at 61.17 is Neutral, neither overbought nor oversold. The STOCH value of 95.41 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 (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ₹32.85B | 13.17 | ― | ― | 10.26% | 46.49% | |
66 Neutral | ₹17.28B | 27.40 | ― | 0.03% | 9.05% | -4.65% | |
62 Neutral | ₹16.86B | 22.77 | ― | 0.71% | 4.20% | -31.88% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹23.31B | 23.46 | ― | 0.08% | 17.45% | -7.82% | |
61 Neutral | ₹24.09B | 116.03 | ― | 0.10% | 48.22% | 90.63% | |
49 Neutral | ₹8.11B | 176.56 | ― | ― | 14.51% | -30.02% |
* Basic Materials Sector Average
IN:VENUSPIPES
Venus Pipes & Tubes Ltd.
1,125.15
-46.01
-3.93%
IN:HITECH
Hi-Tech Pipes Ltd.
85.06
-9.37
-9.92%
IN:MANINDS
Man Industries (India) Limited
437.90
174.90
66.50%
IN:PREMEXPLN
Premier Explosives Limited
448.10
97.94
27.97%
IN:RAMASTEEL
Rama Steel Tubes Ltd.
4.96
-4.27
-46.26%
IN:SOMANYCERA
Somany Ceramics Limited
411.15
6.10
1.51%
Venus Pipes & Tubes Ltd. Corporate Events
Venus Pipes & Tubes Schedules Q3 and 9M FY26 Earnings Call
Feb 1, 2026
Venus Pipes Tubes Ltd. has scheduled a conference call with analysts and investors on 5 February 2026 to discuss its financial results for the third quarter and nine months of FY26. The post-results call, organized with DAM Capital Advisors, will...
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.