Venus Pipes & Tubes Ltd. (VENUSPIPES) AI Stock Analysis

• Market Cap: ₹23.80B
• Dividend Yield: 0.08%
• Average Volume (3M): 6.30K
• Price to Earnings (P/E): 25.4
• Beta (1Y): 1.42
• Revenue Growth: 17.45%
• EPS Growth: -7.82%
• Country: IN
• Employees: 637
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 12.90
• Shares Outstanding: 20,716,110
• 10 Day Avg. Volume: 4,172
• 30 Day Avg. Volume: 6,298
• PEG Ratio: 3.29
• Price to Book (P/B): 4.52
• Price to Sales (P/S): 2.51
• P/FCF Ratio: -36.36
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: ₹1,269.00 ▲(7.71% Upside)

The overall stock score of Venus Pipes & Tubes Ltd. is driven primarily by its strong financial performance, despite cash flow challenges. Technical analysis suggests a cautious approach due to bearish trends, and valuation metrics indicate the stock may be overvalued. The absence of earnings call insights and corporate events did not impact the score.

Positive Factors

Sustained Revenue Growth & Margin Improvement

Consistent top-line expansion coupled with improved gross margins signals scalable demand and better cost control. Over the next 2–6 months this durable trend supports reinvestment capacity, competitive pricing flexibility, and higher operating leverage if sustained across product lines.

Solid Equity-Focused Balance Sheet

A stable equity base and manageable leverage provide financial resilience, lowering refinancing and solvency risk. This structural strength enhances the company's ability to fund capex, absorb shocks, and pursue growth initiatives without excessive reliance on costly external debt.

Diversified End Markets & Contracted Demand

Exposure across construction, automotive, pharmaceuticals and food processing plus long-term client contracts reduces revenue cyclicality. Durable, contract-backed demand supports stable orderbooks and repeat sales, improving predictability of cash flows and capacity planning.

Negative Factors

Negative Free Cash Flow and Weakened Operating Cash Flow

Declining operating cash flow and persistently negative free cash flow reflect heavy capex and weaker cash conversion. Over months this can strain liquidity, force external financing, or delay returns on investment if capital projects do not translate into timely incremental cash generation.

Rising Total Debt Year-over-Year

An uptick in absolute debt increases interest and refinancing exposure, reducing financial flexibility. If revenue or cash conversion falters, higher leverage can constrain capital allocation, raise funding costs, and amplify downside risk in a higher-rate or industry-stress environment.

Declining EPS Growth

Negative EPS growth indicates earnings per share declined, suggesting current investments or margin shifts haven't yet boosted shareholder earnings. Persisting EPS contraction can limit retained capital for reinvestment and weaken long-term return prospects absent operational improvement.

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 seamless pipes; stainless steel welded pipes; and stainless-steel box pipes under the Venus brand name. The company also exports its products internationally. Venus Pipes and Tubes Limited was incorporated in 2015 and is based in Dhaneti, India.

How the Company Makes Money

Venus Pipes & Tubes Ltd. generates revenue through the production and sale of stainless steel pipes and tubes. The company's primary revenue streams include direct sales to OEMs (Original Equipment Manufacturers), distributors, and end-users across various sectors. Additionally, VENUSPIPES benefits from long-term contracts with key clients that provide consistent demand for its products. The company also focuses on maintaining competitive pricing and high product quality, which enhances customer loyalty and repeat business. Strategic partnerships with suppliers and industry players further contribute to its earnings by ensuring a steady supply chain and opening up new market opportunities.

Venus Pipes & Tubes Ltd. Financial Statement Overview

Summary

Venus Pipes & Tubes Ltd. shows strong revenue growth and profitability with improved margins. The balance sheet is stable, though increased debt poses potential risks. Cash flow challenges exist due to high capital investments, which need to be converted into cash-generating opportunities.

Income Statement

Venus Pipes & Tubes Ltd. has shown strong revenue growth with a significant increase from 2024 to 2025, indicating a robust expansion trajectory. The gross profit margin improved, reflecting better cost management. The net profit margin remains healthy, contributing to overall profitability. However, maintaining these margins amidst industry volatility will be crucial.

Balance Sheet

The company's balance sheet is solid with a stable equity base and a manageable debt-to-equity ratio. The equity ratio indicates a strong reliance on equity financing, which is a positive sign of financial stability. However, the total debt has increased over the past year, which could pose risks if not managed properly.

Cash Flow

Operating cash flow has decreased, and free cash flow remains negative, indicating that the company is investing heavily in capital expenditures, which could strain liquidity. However, the company needs to ensure that its investments translate into future cash inflows to improve cash flow sustainability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.95B	9.59B	8.02B	5.52B	3.87B	3.09B
Gross Profit	3.15B	2.63B	1.57B	1.08B	719.07M	478.53M
EBITDA	1.78B	1.78B	1.49B	714.99M	496.65M	368.24M
Net Income	900.97M	928.89M	859.79M	442.07M	316.68M	236.32M
Balance Sheet
Total Assets	0.00	10.08B	7.58B	5.07B	2.48B	1.38B
Cash, Cash Equivalents and Short-Term Investments	189.86M	163.42M	103.07M	289.52M	39.24M	69.73M
Total Debt	0.00	1.92B	1.49B	904.62M	639.62M	378.93M
Total Liabilities	-5.31B	4.77B	3.51B	1.85B	1.19B	976.07M
Stockholders Equity	5.31B	5.31B	4.06B	3.22B	1.29B	399.32M
Cash Flow
Free Cash Flow	0.00	-661.03M	-552.13M	-1.53B	-805.53M	62.87M
Operating Cash Flow	0.00	422.84M	522.32M	88.79M	-600.03M	113.26M
Investing Cash Flow	0.00	-1.16B	-997.30M	-1.67B	341.14M	-24.17M
Financing Cash Flow	0.00	752.51M	377.78M	1.69B	827.74M	-91.91M

Venus Pipes & Tubes Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1178.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VENUSPIPES, the sentiment is Negative. The current price of 1178.15 is below the 20-day moving average (MA) of 1185.73, below the 50-day MA of 1235.76, and below the 200-day MA of 1322.02, indicating a bearish trend. The MACD of -22.23 indicates Negative momentum. The RSI at 39.32 is Neutral, neither overbought nor oversold. The STOCH value of 49.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VENUSPIPES.

Venus Pipes & Tubes Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANINDS	74 Outperform	₹26.36B	14.04	―	―	10.26%	46.49%
VENUSPIPES	70 Outperform	₹23.80B	25.43	―	0.08%	17.45%	-7.82%
SOMANYCERA	62 Neutral	₹17.42B	31.11	―	0.71%	4.20%	-31.88%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HITECH	61 Neutral	₹17.71B	21.93	―	0.03%	9.05%	-4.65%
RAMASTEEL	55 Neutral	₹14.32B	71.62	―	―	14.51%	-30.02%
PREMEXPLN	54 Neutral	₹27.86B	60.42	―	0.10%	48.22%	90.63%

Venus Pipes & Tubes Ltd. Corporate Events

Venus Pipes & Tubes to Close Trading Window Ahead of Q3 FY26 Results

Venus Pipes & Tubes Limited has announced that it will close its trading window for company securities from 1 January 2026 until 48 hours after the announcement of its unaudited financial results for the quarter and nine months ended 31 December 2025, in line with SEBI’s Prohibition of Insider Trading Regulations and its internal code of conduct. During this period, designated persons and their immediate relatives are barred from trading in the company’s shares, highlighting the firm’s adherence to regulatory norms on insider trading controls, with the exact date of the board meeting to approve these results to be communicated later.

Venus Pipes & Tubes Schedules Investor Meeting at Gujarat Facility

Venus Pipes & Tubes Ltd. announced a scheduled meeting with investors and analysts at its facility in Dhaneti, Gujarat, on November 25, 2025. The meeting, hosted by Investec India, will involve discussions based on publicly available information, ensuring no unpublished price-sensitive information is disclosed. This initiative reflects the company’s commitment to transparency and engagement with stakeholders, potentially strengthening its industry position and investor relations.

Venus Pipes & Tubes Ltd Expands Seamless Pipe Production Capacity

Venus Pipes & Tubes Ltd has commenced operations for an additional 1,800 MTPA of seamless pipes and tubes, increasing its total capacity to 16,200 MTPA. This expansion is a strategic move to enhance its presence in high-specification industries requiring superior-grade pipes and tubes. The company plans further capacity expansion in the coming months, aiming to leverage its technical expertise and customer relationships for swift growth. This development underscores Venus Pipes & Tubes’ commitment to quality, innovation, and comprehensive service excellence, strengthening its market position.