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Venus Pipes & Tubes Ltd Fundamentals

Market Cap
₹ 4329.16 Cr
P/E Ratio (TTM)
50.35
P/B Ratio
10.66
Debt to Equity
0.34
ROE
19.62
EPS (TTM)
42.36
Dividend Yield
0.02 %
Book Value
200.09

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Venus Pipes & Tubes Ltd Financials

Venus Pipes & Tubes Ltd Financials

Venus Pipes & Tubes Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 48.68 % 48.68 % 48.63 % 48.20 %
Retail 26.17 % 29.62 % 29.14 % 29.18 %
Others 17.33 % 13.93 % 12.67 % 11.89 %
FII 4.27 % 4.81 % 6.60 % 6.49 %
Mutual Funds 3.55 % 2.96 % 2.96 % 4.24 %

Promoters

48.68%

Retail

26.17%

Others

17.33%

FII

4.27%

Mutual Funds

3.55%

Promoters

48.68%

Retail

29.62%

Others

13.93%

FII

4.81%

Mutual Funds

2.96%

Promoters

48.63%

Retail

29.14%

Others

12.67%

FII

6.60%

Mutual Funds

2.96%

Promoters

48.20%

Retail

29.18%

Others

11.89%

FII

6.49%

Mutual Funds

4.24%

Resistance and Support

₹2,144.58

PIVOT

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Resistance
First Resistance₹2,160.317
Second Resistance₹2,180.733
Third Resistance₹2,196.467
support-arrow
Support
First Support₹2,124.167
Second Support₹2,108.433
Third Support₹2,088.017

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day147,70828,29287.31
Week32,40452,604-72.16
1 Month32,40449,922-72.16
6 Months16,954,5437,450,63250.74

About Venus Pipes & Tubes Ltd

Venus Pipes & Tubes Private Limited was incorporated as a Private Limited Company on February 17, 2015 under the Companies Act, 2013. Thereafter, Company converted into a Public Limited and name of the Company was changed to Venus Pipes & Tubes Limited on September 16th, 2021. The Company is one of the growing stainless-steel pipes and tubes manufacturer and exporter in manufacturing of stainless-steel tubular products in 2 broad categories comprising of seamless tubes/pipes and welded tubes/pipes. It is currently manufacturing 5 product lines, namely, Stainless Steel High Precision & Heat Exchanger Tubes; Stainless Steel Hydraulic & Instrumentation Tubes; Stainless Steel Seamless Pipes; Stainless Steel Welded Pipes; and Stainless Steel Box Pipes. Apart from these, it supply products for applications in diverse sectors including chemicals, engineering; fertilizers; pharmaceuticals, power, food processing; paper; and oil and gas. In 2015, the Company established manufacturing plant at Dhaneti, Bhuj-Bhachau highway, close to Mundar and Kandla Ports. It commenced the production of stainless steel welded pipes, steel high precision & heat exchanger tubes, steel hydraulic & instrumentation tubes and steel box pipes at the plant located in Dhaneti, Gujarat. In 2017, it expanded the production line of stainless steel seamless pipes. It exported stainless steel welded and stainless steel seamless pipes in the European Union, Brazil, UK, Israel etc.

Managing Director

2015

Founded

Arun Axaykumar Kothari

NSE Symbol

VENUSPIPES

Venus Pipes & Tubes Ltd Management

NameDesignation
Arun Axaykumar KothariManaging Director & CFO
Megharam Sagramji ChoudharyWhole-time Director
Dhruv Mahendrakumar PatelWhole-time Director
Jayantiram Motiram ChoudharyChairman & Non Executive Dir.
K N BhandariIndependent Director
Shyam AgrawalIndependent Director
Pranay Ashok SuranaIndependent Director
Komal Lokesh KhadariaIndependent Director

Events

Dividend Announcement for Venus Pipes & Tubes Ltd - Oct 26, 2023

On Oct 26, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 5.0%. This dividend percentage reflect...

Read More

Dividend Announcement for Venus Pipes & Tubes Ltd - May 24, 2023

On May 24, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 5.0%. This dividend percentage reflect...

Read More

Venus Pipes & Tubes Ltd News

Board of Venus Pipes & Tubes recommends final dividend
Of Rs 0.5 per share
Venus Pipes & Tubes standalone net profit rises 86.45% in the March 2024 quarter
Sales rise 27.13% to Rs 224.10 crore
Venus Pipes & Tubes declare Quarterly Result
On 9 May 2024
Venus Pipes spurts on expansion plan
Venus Pipes & Tubes surged 5.05% to Rs 1826.95 on expansion into fittings business and a planned capex of Rs 175 crore for seamless & welded pipes & tubes.
Venus Pipes & Tubes plans investment of Rs 175 cr for capacity expansion
Forays into fittings business
Venus Pipes & Tubes to conduct board meeting
On 28 February 2024
Venus Pipes & Tubes standalone net profit rises 106.38% in the December 2023 quarter
Sales rise 52.18% to Rs 207.13 crore
Venus Pipes & Tubes to hold board meeting
On 29 January 2024
Board of Venus Pipes & Tubes recommends interim dividend
Of Rs 0.5 per share
Venus Pipes & Tubes fixes record date for interim dividend
Record date is 07 November 2023

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Venus Pipes & Tubes Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Venus Pipes & Tubes Ltd shares in BlinkX

Venus Pipes & Tubes Ltd's P/E ratio is 50.35 times as of May 18, 2024 at 01:44 PM.

Venus Pipes & Tubes Ltd's most recent financial reports indicate a price-to-book ratio of 10.66, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Venus Pipes & Tubes Ltd's market is 4,329 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Venus Pipes & Tubes Ltd show a 19.62% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Venus Pipes & Tubes Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Venus Pipes & Tubes Ltd stands at 48.68%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 4.81% to 4.27%.