Venus Pipes & Tubes Ltd. · NSE:VENUSPIPES
Venus Pipes & Tubes — Q1 FY27 Earnings Presentation
37 slides from Venus Pipes & Tubes's earnings presentation, Aug 10, 2026
Slide 1: Exchange filing cover letter for Q1 FY27 investor presentation
Date: August 10, 2026 To, To, Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Dalal Street, Kurla Complex, Bandra (East), Mumbai – Mumbai - 400001 400051 Scrip Code: 543528 I
Slide 2: From Stainless-Steel Pipe Manufacturer to an Integrated Piping Solutions Partner
Venus Pipes & Tubes Limited From Stainless-Steel Pipe Manufacturer to an Integrated Piping Solutions Partner Q1FY27 Investor Presentation – August 2026
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Venus Pipes & Tubes Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Capex – Forward Integration into Pipe Spooling
Capex – Forward Integration into Pipe Spooling
Slide 5: Forward Integration into Pipe Spooling Backed by Anchor Customer
Forward Integration into Pipe Spooling Backed by Anchor Customer LOI received for INR 185 Cr Order Adding Spooling Capabilities Forward integration & Transitioning from Stainless Steel Pipes to Engineered Piping Solutions Moving Up the Value Chain Venus Pipes & Tubes Limited Enhancing Value Addition
Slide 6: Moving up the Value Chain – Pipe Spooling
Moving up the Value Chain – Pipe Spooling Entering Pipe Spooling business – Extending capabilities from product manufacturing to engineered piping solutions Why Pipe Spooling ? Strategic Benefits Strong Customer Validation Higher Value Addition Leverages Existing Strength Significantly better Venus
Slide 7: Operational & Financial Highlights
Operational & Financial Highlights
Slide 8: Key Highlights
Key Highlights Q1 FY27 Financial Highlights All time high revenues of INR 320.5 Cr in Q1 FY27 Q1FY27 Venus Pipes & Tubes Limited Revenue EBITDA PAT INR 320.5 Cr (+16.0% YoY) INR 51.5 Cr (+14.7% YoY) INR 26.4 Cr (+6.5% YoY) 16.1% EBITDA Margins 8.2% PAT Margins Operational Highlights : ✓ Revenue from
Slide 9: Inventory Days Stable Despite Significant Scale-Up in Business Operations
Inventory Days Stable Despite Significant Scale-Up in Business Operations Inventory & Inventory Days Movement from FY23 to FY26… Inventory days remain stable despite rising inventory → Rise in inventory is proportional to the growth in Business Operations 110 103 131 121 Days Days Days Days Strong O
Slide 10: Operation Stabilization post Capex Driving Better Cash Conversion
Operation Stabilization post Capex Driving Better Cash Conversion EBITDA Cashflow From Operations Cash Conversion Ratio +176% 59% +1,144% 191 168 112 146 41% 36% 69 Venus Pipes & Tubes Limited 52 69 13% 9 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Improving Cash Conversion Ratio… ✓
Slide 11: Revenue Split across Segment – Q1 FY27
Revenue Split across Segment – Q1 FY27 Seamless Pipes Welded Pipes Others Total +15% +21% -3% +16% 176.1 125.3 19.8 19.1 320.5 153.0 103.6 276.4 Venus Pipes & Tubes Limited Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue Contribution (%) 7% 6% 38% Q1 FY26 39% Q1 FY27 55% 55% Seamless
Slide 12: Revenue Split across Geographies – Q1 FY27
Revenue Split across Geographies – Q1 FY27 Domestic Exports Total +31% +16% -9% 226.8 103.1 320.5 93.7 276.4 173.3 Venus Pipes & Tubes Limited Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue Contribution (%) 29% 37% Q1FY26 Q1FY27 63% 71% Domestic Exports INR Cr unless specified 11
Slide 13: Key Financial Highlights – Q1 FY27
Key Financial Highlights – Q1 FY27 Revenue EBITDA PAT +16% +15% +6% 320.5 51.5 26.4 24.8 276.4 44.9 Venus Pipes & Tubes Limited Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 EBITDA Margin PAT Margin 16.2% 16.1% 9.0% 8.2% Q1FY26 Q1FY27 Q1FY26 Q1FY27 INR Cr unless specified 12
Slide 14: Profit & Loss Account
Profit & Loss Account Profit and Loss Statement Q1FY27 Q1FY26 YoY Q4FY26 QoQ Revenue from Operations 320.5 276.4 16.0% 302.2 6.1% Cost of Goods Sold 207.7 185.6 194.9 Gross Profit 112.8 90.8 24.2% 107.3 5.1% Employee Cost 15.7 11.7 13.5 Venus Pipes & Tubes Limited Other Expenses 45.6 34.2 44.4 EBITD
Slide 15: From MD's Desk
From MD’s Desk Commenting on the Q1 FY27 performance of the company Mr. Arun Kothari, Managing Director for Venus Pipes & Tubes Limited said, “We have entered FY27 on a strong note, delivering our highest-ever quarterly revenue of Rs. 320.5 crores, representing a healthy growth of 16% year-on-year.
Slide 16: Company Overview
Company Overview vers PIPES AND TUBI
Slide 17: About Us
About US - Venus Pipes & Tubes Limited 80+ Clientele base out of Fortune 500 Companies in India 48,000 MT p.a. total installed capacity, along Mission Venus Pipes & Tubes Limited with Backward Integration of ~20,400 MT p.a. To provide quality and flawless service for dealing with customer / supplier
Slide 18: Building an Integrated Piping Solutions Platform
Building an Integrated Piping Solutions Platform C O M P A N Y ’ S E V O L U TI O N I N P I P I N G Venus Pipes & Tubes Limited Seamless & Welded Spooling & Fittings Pipes / Tubes Fabrication OUR CORE STRENGTH FORWARD INTEGRATION UPCOMING CAPABILITIES One Integrated Piping Solutions Platform Seamles
Slide 19: Diversified Product Range used across Industries
Diversified Product Range used across Industries Pipes & Tubes Fittings & Flanges Stainless Steel High Precision Stainless Steel Hydraulic and Stainless Steel Seamless and Heat Exchanger Tubes Instrumentation Tubes Pipes Venus Pipes & Tubes Limited Added Fittings & Flanges to portfolio, with an aim
Slide 20: Continuous Capacity Addition to Serve Growing Demand
Continuous Capacity Addition to Serve Growing Demand Capacity Addition for Finished Products (MTPA) 4x Welded Seamless 48,000 43,800 ~7x Capacity Expansion from FY19 to Current 38,400 38,400 27,600 Venus Pipes & Tubes Limited 27,600 24,000 24,000 10,800 10,800 12,000 9,300 6,900 20,400 7,200 7,200 8
Slide 21: Integrated State of Art Manufacturing Facility
Integrated State of Art Manufacturing Facility Venus Pipes & Tubes Limited ✓ Total land bank of 2,66,282 sq. mt., comprising existing manufacturing facilities and future expansion area ✓ Strategically located Manufacturing facility at Dhaneti (Kutch) within proximity of Kandla & Mundra ports ✓ Equip
Slide 22: Presence Across the Globe
Presence Across the Globe Strong Dealership Network Venus Pipes & Tubes Limited Quality Products Exports in More Dedicated Expansion than Team 30+ Countries ~67x 338 400 Exports Revenue 99 Geographical Expansion 6 15 40 30 (INR Cr) FY20 FY21 FY22 FY23 FY24 FY25 FY26 Revenue Contribution 3.4% 4.8% 10
Slide 23: End User Industry
End User Industry Traditional Sectors New Age Sectors Venus Pipes & Tubes Limited Chemical Engineering Fertilizers Heat Exchanger Data Centers Pharmaceuticals Power Food Processing Nuclear Solar Manufacturing Paper Oil & Gas Aerospace Automobiles Semi Conductors Presence across Industries with criti
Slide 24: Marquee Clientele
Marquee Clientele Venus Pipes & Tubes Limited 23 Logos Are The Property Of Their Respective Owners
Slide 25: Awards & Accolades
Awards & Accolades Calendar Certifications & Accreditations Years Our manufacturing facilities at Dhaneti have been accredited with 2016 management system standards certificate for compliance with ISO 9001: 2015 & ISO 14001:2015 requirements Our Company has been verified and recognized as material V
Slide 26: Board of Directors
Board of Directors Arun Kothari Jayantiram M Choudhary Megharam S Choudhary Dhruv M Patel Chairman & Managing Director Whole Time Director Whole Time Director Whole Time Director Venus Pipes & Tubes Limited Associated with the Company since Associated with the Company since its Associated with our C
Slide 27: Strong Management at Helm
Strong Management at Helm Arun Kothari Jayantiram M Choudhary Megharam S Choudhary Dhruv M Patel Chairman & Managing Director Whole Time Director Whole Time Director Whole Time Director Associated with the Company since Associated with the Company since its Associated with our Company since its Asso
Slide 28: Vision & Way Forward
Vision & Way Forward Vision Way Forward Become an end-to-end integrated piping solutions provider Making ourselves as first reference and preference in Venus Pipes & Tubes Limited stainless steel pipes and tubes manufacturer Enter new sectors with high growth potential Auto and other underpenetrated
Slide 29: Annexures
Annexures VeQuS PIPES AND TU!
Slide 30: Key Historical Financials
Key Historical Financials Revenue EBITDA PAT +34% 1167 +40% 191 102 +32% 168 93 959 86 146 802 Venus Pipes & Tubes Limited 552 44 387 69 32 49 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 EBITDA Margin (%) PAT Margin (%) 18.2% 17.5% 10.7% 16.3% 9.7% 8.2% 8.7% 12.7% 8.0%
Slide 31: Historical Profit & Loss Account
Historical Profit & Loss Account Profit and Loss FY26 FY25 FY24 FY23 FY22 CAGR Revenue from Operations 1,166.8 958.5 802.2 552.4 386.9 31.8% Cost of Goods Sold 770.5 639.5 575.3 444.6 315.0 Gross Profit 396.3 319.0 226.9 107.8 71.9 53.2% Employee Cost 50.4 38.0 22.4 10.2 6.2 Venus Pipes & Tubes Limi
Slide 32: Historical Balance Sheet
Historical Balance Sheet Assets Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Equity & Liabilities Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Non - Current Assets 560.6 395.7 302.2 206.6 30.4 Total Equity 668.5 531.4 406.1 322.2 128.5 Property Plant & Equipment 396.1 308.8 281.0 59.8 21.3 Share Capital 20.7 20.4 20.3
Slide 33: Historical Abridged Cash Flow Statement
Historical Abridged Cash Flow Statement Particulars Mar-26 Mar-25 Mar-24 FY23 FY22 Net Profit Before Tax 137.3 125.4 115.6 59.7 42.9 Adjustments for: Non -Cash Items / Other Investment or Financial 59.0 44.4 29.7 7.1 5.6 Items Operating profit before working capital changes 196.3 169.8 145.3 66.8 48
Slide 34: Key Return Ratios
Key Return Ratios RoE* Debt / Equity Ratio ROCE^ Venus Pipes & Tubes Limited 25.0% 0.5 34.7% 0.5 31.0% 32.0% 30.7% 21.0% 21.0% 19.0% 27.0% 17.0% 0.4 0.4 0.3 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 ROE = PAT / Shareholder’s Equity D/E = Total Debt / Shareholder’s Eq
Slide 35: CSR Initiatives
CSR Initiatives Installed 200 LPH RO water purification systems at Kumar Shala and Donated computer systems to an institution in Bhuj supporting Venus Pipes & Tubes Limited Kanya Shala in Dhaneti village Divyang children Distributed sets of school dresses and sweatshirts to students of Kumar Provide
Slide 36: Sustainability Initiatives
Sustainability Initiatives Hazardous Waste Management through Co-processing - We ensure that 98% of hazardous waste is disposed of through co-processing in the cement industry in line with EPR guidelines, while only 2% is sent to landfill disposal ARP (Acid Regeneration Plant) With the implementatio
Slide 37: Thankyou
Thankyou For further Information, please connect : Venus Pipes & Tubes Limited Strategic Growth Advisors Private Limited CIN: L24311GJ2015PLC082306 CIN: U74140MH2010PTC204285 cs@venuspipes.com Mr. Sagar Shroff / Mr. Ayush Haria sagar.shroff@sgapl.net / ayush.haria@sgapl.net For more information visi