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Venus Pipes & Tubes Ltd.

NSE: VENUSPIPES | BSE:543528

₹2143.95 46.20 (2.20%) 1D

Metals & Mining

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Performance

Today’s low

2093.80

Today’s High

2159.90

52W low

905.80

52W High

2228.00

Open Price

2097.80

Prev. Close

1635.7000

Volume

78202.00

Value

167661177.90

Fundamentals

Market Cap Cr

4351.40

Price to Earnings

50.60

Price to Book Value

10.70

Dividend Yield

0.00

PE to Growth

0.50

Op Revenue TTM Cr

802.20

Net Profit TTM Cr

85.98

Cash From Operating Activity Cr

52.23

Return on Equity %

21.17

EMA & SMA

Bullish Moving Averages

16

Bearish Moving Averages

0

DELIVERY AND VOLUME

DAILY AVG. DELIVERY VOLUME %

15 May, 2024

30.2

Week

29.9

Month

40.1

LEGEND

Positive Indicator

Neutral Indicator

Negative Indicator

RESISTANCE AND SUPPORT

2137.23

PIVOT

First Resistance

2188.47

Second Resistance

2279.18

Third Resistance

2330.42

First Support

2046.52

Second Support

1995.28

Third Support

1904.57

Relative Strength Index

57.92

Money Flow Index

37.85

MACD

50.47

MACD Signal

62.47

Average True Range

89.46

Average Directional Index

29.82

Rate of Change (21)

9.07

Rate of Change (125)

44.47

Commodity Channel Index

93.4

Williams %R

-57.8

BETA

1 Month

1.7

3 Month

1.53

1 Year

0.41

3 Year

PRICE CHANGE ANALYSIS

0.22%

1 Week

Low

High

2002.65

2227.95

11.64%

1 Month

Low

High

1888

2227.95

37.6%

3 Months

Low

High

1480

2227.95

47.37%

6 Months

Low

High

1290.2

2227.95

133.52%

1 Year

Low

High

905.85

2227.95

Bigul
09 May 2024

Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

This is with reference to our intimation regarding Earnings Call with the investors on the Audited Financial Results for the quarter and year ended on March 31, 2024. The audio of the "Earnings Call" has been uploaded on the website of the Company under the following link: https://www.venuspipes.com/investors/financials/.
Bigul
09 May 2024

Q4FY24 Quarterly & FY24 Annual Result Announced for Venus Pipes & Tubes Ltd.

Iron & Steel products company Venus Pipes & Tubes announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: • Revenue of Rs 224.1 crore, a growth of 27.1% as compared to Rs 176.3 crore in Q4FY23 • EBITDA of Rs 45.0 crore, a growth of 108.6% YoY as against Rs 21.6 crore in Q4FY23 • PAT of Rs 25.0 crores, a growth of 86.4% YoY as against Rs 13.4 crore in Q4FY23 FY24 Financial Highlights: • Revenue of Rs 802.2 crores, a growth of 45.2% as compared to Rs 552.4 crore in FY23 • EBITDA of Rs 146.3 crores, a growth of 111.7% YoY as against Rs 69.1 crore in FY23 • PAT of Rs 85.9 crores, a growth of 94.3% YoY as against Rs 44.2 crore in FY23 • Recommends final dividend of Rs 0.5 per equity share (FV Rs 10/-per equity share). Total dividend declared for FY2023-24 stands at Rs 1 per equity share of Rs 10/- each Commenting on the financial performance, Arun Kothari, Managing Director, Venus Pipes & Tubes, said, “We are delighted to conclude this fiscal year on a high note, showcasing exceptional financial performance. Our revenues have surged to Rs 802.2 crore, marking an impressive growth of 45.2%. EBITDA stood at Rs 146.3 crore, exhibiting a staggering increase of 111.7%, with margins standing at 18.2% for FY24. PAT for the same period stood at Rs 85.9 crore. Throughout the year, our primary focus has been on expanding our export base. Leveraging our backward integration of seamless pipes, our export revenues have witnessed a remarkable surge of 231%, reaching Rs 98.7 crore, now comprising approximately 12% of our total revenues. We have also started to receive orders from US markets, and we are looking ahead on penetrating this market along with Middle East, while simultaneously solidifying our presence across Europe. In addition to our efforts to expand our export channels, we also have diversified our presence across various industries. This year, we successfully ventured into sectors such as oil & gas, railways, food processing, and paint industry. Lastly, we recently announced capacity expansion into value added product lines, with foray into fittings business and adding capacities for titanium tubes. This strategic initiative enables us to provide comprehensive piping solutions. With our marquee customer base and quality product offerings, we are optimistic of increasing revenue and profitability growth. We enter FY25 with an optimistic outlook and a focus on ramping up our capacities along with deeper export penetration. Our commitment remains steadfast towards reaching out to diverse sectors, maintaining product diversity, and expanding our footprint across various geographies with unwavering enthusiasm.” Result PDF
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FAQs

The latest market price of Venus Pipes & Tubes Ltd. on NSE was Rs. 2143.95 as of today.

The opening share price of Venus Pipes & Tubes Ltd. was Rs. 2097.80 as of today.

The 52-week high share price of Venus Pipes & Tubes Ltd. was Rs. 2228.00.

The 52 week low share price of Venus Pipes & Tubes Ltd. was Rs. 905.80.

Venus Pipes & Tubes Ltd. has a market cap of Rs. 4351.40 crore as of today. Please refer to the Fundamentals section for further details.

The PE ratio of Venus Pipes & Tubes Ltd. is 0.50. Please refer to the Fundamentals section for further details.

The operating revenue for Venus Pipes & Tubes Ltd. in the last FY was Rs.  802.20 crore. Please refer to the Financials section for further details.

The Net Profit for Venus Pipes & Tubes Ltd. in the last FY was Rs. 85.98 crore. Please refer to the Financials section for further details.

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Please refer to Stock Ants, Bigul’s Community Access platform that aggregates tips and research from experts and provides real-time tracking to help investors validate, discover new investment ideas, and make informed decisions. Click here to learn more.

The latest dividend declared by Venus Pipes & Tubes Ltd. was on 2023-11-07 for Rs. 0.5 per share. According to today’s share price, the dividend yield of Venus Pipes & Tubes Ltd. stands at 0.00. Please refer to the Corporate Actions section for further details.

Please find Corporate actions section for more details.

Please find Corporate actions section for more details.

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Please refer to the News section for the latest news about Venus Pipes & Tubes Ltd..

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