New Update
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Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd
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Venus Pipes & Tubes Ltd, one of the leading stainless steel pipes and tubes manufacturers and exporters in India announced its audited financial results for the fourth quarter and full year ending March 31 st 2025.
Key financial highlights for Q4 & FY25:
• Revenue of Rs. 258 crore, a growth of 15.2% y-o-y for Q4FY25; FY25 revenue stood at Rs. 959 crore, a growth stood of 19.5%
• EBITDA of Rs 42 crore with EBITDA margins at 16.1% for Q4FY25 and Rs. 168 crore for FY25, growing by 14.6% y-o-y with margins at 18%
• PAT of Rs 24 crore with PAT margins at 9%; FY25 PAT stood at Rs. 93 crore, growing by 8.1% y-o-y with margins at 10%
Key Operational Highlights during the Quarter:
- Revenue from Seamless Pipes/Tubes witnessed a growth of 18% and Welded Pipes/Tubes witnessed growth of 12% for FY25 on year-on-year basis
- Our Cash generated from operations stood at Rs 87 crores for FY25
- Additionally, during the year company focused on investing in human talent to strengthen the company’s position & reach
- During the year we began expanding our product portfolio with foray into value added products with application across critical industries; and as a part of this, we have recently commenced operations of 3,600 MTPA capacity of value-added welded tubes. Addition of fittings capacity and value added seamless tubes will be operational in coming months
- We have recently won an order worth Rs 190 crores for Stainless Steel Seamless Boiler Tubes used in series of Supercritical and Subcritical Thermal Power Project from India’s leading Integrated Power Plant equipment manufacturer
- During the year, we received accreditation from NABL for our testing laboratory, further strengthening our commitment to quality, reliability, and best industry practices
Commenting on the financial performance, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said, “We are pleased to report a strong overall performance for FY25, with revenues reaching Rs. 958.5 crores — a growth of 19.5% compared to the same period last year. EBITDA grew by 14.6% to Rs. 167.6 crores, while PAT increased by 8.1%, standing at Rs. 92.9 crores. This year marked a significant phase of capacity ramp-up and the introduction of new value added product lines. We also focused on strengthening our leadership team by onboarding experienced talent at senior levels to reinforce our brand and support our expansion efforts. Despite global uncertainties in the latter part of the fiscal year, our exports grew more than threefold. We continue to deepen our presence in key international markets such as Europe, the United States, and the Middle East, and remain optimistic about sustaining this momentum into FY26. Our robust domestic presence continues to provide a natural hedge against global volatility. We enter FY26 with a strong order book, including a significant new contract from one of India’s leading integrated power plant equipment manufacturers. We have also operationalized our new capacity for value-added welded pipes. With the introduction of fittings products in the second half of the year, we will be among the few players offering a comprehensive range of piping solutions to our customers. Looking ahead, we remain focused on executing our growth strategy with agility and resilience. With a strong foundation in place, we are confident in delivering sustained value to all our stakeholders.