Venus Pipes & Tubes Limited filed a regulatory disclosure with BSE and NSE containing its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported its highest-ever quarterly revenue of ₹320.5 crore, representing a 16.0% year-on-year growth from ₹276.4 crore in Q1 FY26 and a 6.1% quarter-on-quarter growth from ₹302.2 crore in the previous quarter.

Financial Performance

  • EBITDA: ₹51.5 crore, up 14.7% YoY from ₹44.9 crore and 4.3% QoQ from ₹49.4 crore
  • EBITDA Margins: 16.1% (16.2% in Q1 FY26 and 16.3% in previous quarter)
  • PAT: ₹26.4 crore, up 6.5% YoY from ₹24.8 crore and 3.9% QoQ from ₹25.4 crore
  • PAT Margins: 8.2% (9.0% in Q1 FY26 and 8.4% in previous quarter)

Operational Highlights

  • Welded Pipes/Tubes revenue grew 21% year-on-year
  • Seamless Pipes/Tubes revenue grew 15% year-on-year
  • Domestic market growth stood at 31% year-on-year
  • Exports contributed ₹94 crore, representing approximately 30% of total revenue
  • The company exports to over 30 countries including UK, US, Middle East, and European Union countries

Strategic Updates

Forward integration into pipe spooling business remains on track with expected commencement by December 2026. The expansion into fittings and value-added pipes/tubes has received encouraging customer response, with plans to increase contribution of these higher-value products to the revenue mix over the medium term.

Management Commentary

Managing Director Arun Kothari stated that demand remains robust across traditional industrial sectors and emerging applications such as data centers and clean energy. The company is monitoring geopolitical situations and freight rates as potential near-term uncertainties on the export front, but remains focused on operational efficiency and customer engagement.

Additional Information

The press release was also uploaded to the company's website at www.venuspipes.com. The company manufactures stainless steel pipes and tubes in two broad categories (seamless and welded) across five product categories: high precision & heat exchanger tubes, hydraulic & instrumentation tubes, seamless pipes, welded pipes, and LSAW pipes.