Has Venus Pipes and Tubes Experienced a 5.2% Decline in Q4 Profits?

Synopsis
Discover how Venus Pipes and Tubes Limited faced a profit decline despite a surge in revenue. With strategic expansions into value-added products, the company is poised for growth in FY26. Will these efforts pay off?
Key Takeaways
- 5.2 percent decline in profit for Q4 FY25.
- Revenue increased by 15 percent to Rs 258.1 crore.
- Full year profit rose to Rs 93 crore, an 8.1 percent increase.
- Expansion into value-added products is driving growth.
- New operational capacities expected soon.
Mumbai, May 29 (NationPress) Venus Pipes and Tubes Limited, a prominent manufacturer and exporter specializing in stainless-steel pipes and tubes, has reported a decrease of 5.2 percent in its profit after tax (PAT), totaling Rs 23.7 crore for the fourth quarter (Q4) of FY25, down from Rs 25 crore during the same time frame last year.
Despite this decline in profit, the company saw a notable increase in revenue, rising by 15 percent to Rs 258.1 crore for the March quarter, compared to Rs 224.1 crore in the previous year, as reported in their stock exchange filing.
In terms of the full financial year FY25, Venus Pipes and Tubes achieved a net profit of Rs 93 crore, reflecting an 8.1 percent increase from Rs 86 crore in FY24.
The company's profit margin stood at 10 percent for the year, with total revenue soaring by 19 percent to Rs 958.5 crore, compared to Rs 802.2 crore in the previous fiscal year.
The surge in revenue was largely attributed to an expansion of the company's product offerings, particularly in the value-added segments.
Last year, Venus Pipes and Tubes made significant strides by entering the value-added products market, catering to essential industries.
As part of this initiative, the company launched operations at a new facility with a capacity of 3,600 MTPA dedicated to welded tubes.
It was also announced that new capacities for fittings and seamless value-added tubes will be operational in the upcoming months.
Reflecting on the company’s performance, Managing Director Arun Kothari stated, “This year marked a critical phase of capacity expansion and the launch of new value-added product lines.”
Looking forward, he added, “We are entering FY26 with a robust order book, including a significant new contract from one of India's top integrated power plant equipment manufacturers.”
As of 2:22 p.m., shares of the company were trading at Rs 1,389.90, down by Rs 24.60 or 1.74 percent on Thursday on the National Stock Exchange (NSE).