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Venus Pipes

  • Market Cap: Small Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE0JA001018
  • NSEID: VENUSPIPES
  • BSEID: 543528
INR
1,204.50
5.5 (0.46%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 20.12 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

20.12 k (-64.25%) Volume

Shareholding (Dec 2024)

FII

4.30%

Held by 33 FIIs

DII

14.06%

Held by 6 DIIs

Promoter

48.12%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Negative results in Dec 24

  • PAT(Q) At Rs 17.97 cr has Fallen at -27.8% (vs previous 4Q average)
  • OPERATING PROFIT TO INTEREST (Q) Lowest at 4.07 times
  • INTEREST(Q) Highest at Rs 9.11 cr
2

Stock is technically in a Bearish range

3

Falling Participation by Institutional Investors

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 2,461 Cr (Small Cap)

stock-summary
P/E

26.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.08%

stock-summary
Debt Equity

0.32

stock-summary
Return on Equity

19.50%

stock-summary
Price to Book

5.07

Revenue and Profits (1 Year):
Net Sales:
231 Cr
(Quarterly Results - Dec 2024)
Net Profit:
18 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.08%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-40.26%
0.03%
-40.23%
1 Year
-38.16%
0.05%
-38.11%
2 Years
53.36%
0.23%
53.59%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Latest dividend: 0.5 per share ex-dividend date: Nov-29-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
35.79%
EBIT Growth (5y)
51.25%
EBIT to Interest (avg)
6.00
Debt to EBITDA (avg)
1.35
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.51
Tax Ratio
25.67%
Dividend Payout Ratio
1.18%
Pledged Shares
0
Institutional Holding
18.37%
ROCE (avg)
21.99%
ROE (avg)
37.99%
Valuation key factors
Factor
Value
P/E Ratio
26
Industry P/E
29
Price to Book Value
5.07
EV to EBIT
16.98
EV to EBITDA
15.23
EV to Capital Employed
4.08
EV to Sales
2.82
PEG Ratio
1.01
Dividend Yield
0.08%
ROCE (Latest)
24.52%
ROE (Latest)
19.50%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (3.33%)

FIIs

Held by 33 FIIs (4.3%)

Promoter with highest holding

Megharam S Choudhary (17.36%)

Highest Public shareholder

Kotak Mahindra Life Insurance Company Ltd. (4.43%)

Individual Investors Holdings

27.3%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.03% vs -4.66% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -24.05% vs -14.15% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "231.30",
          "val2": "228.95",
          "chgp": "1.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "37.10",
          "val2": "40.95",
          "chgp": "-9.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.11",
          "val2": "8.18",
          "chgp": "11.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "17.97",
          "val2": "23.66",
          "chgp": "-24.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.04%",
          "val2": "17.89%",
          "chgp": "-1.85%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 26.45% vs 54.56% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 35.94% vs 93.18% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "469.09",
          "val2": "370.97",
          "chgp": "26.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "88.89",
          "val2": "62.26",
          "chgp": "42.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "15.83",
          "val2": "8.36",
          "chgp": "89.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "51.21",
          "val2": "37.67",
          "chgp": "35.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.95%",
          "val2": "16.78%",
          "chgp": "2.17%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 21.15% vs 53.70% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 13.50% vs 98.02% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "700.39",
          "val2": "578.10",
          "chgp": "21.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "125.99",
          "val2": "101.30",
          "chgp": "24.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "24.94",
          "val2": "14.56",
          "chgp": "71.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "69.18",
          "val2": "60.95",
          "chgp": "13.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.99%",
          "val2": "17.52%",
          "chgp": "0.47%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 45.22% vs 42.76% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 94.48% vs 39.60% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "802.20",
          "val2": "552.40",
          "chgp": "45.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "146.32",
          "val2": "69.11",
          "chgp": "111.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "22.08",
          "val2": "9.84",
          "chgp": "124.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "85.98",
          "val2": "44.21",
          "chgp": "94.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.24%",
          "val2": "12.51%",
          "chgp": "5.73%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
231.30
228.95
1.03%
Operating Profit (PBDIT) excl Other Income
37.10
40.95
-9.40%
Interest
9.11
8.18
11.37%
Exceptional Items
0.00
0.00
Standalone Net Profit
17.97
23.66
-24.05%
Operating Profit Margin (Excl OI)
16.04%
17.89%
-1.85%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.03% vs -4.66% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -24.05% vs -14.15% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
469.09
370.97
26.45%
Operating Profit (PBDIT) excl Other Income
88.89
62.26
42.77%
Interest
15.83
8.36
89.35%
Exceptional Items
0.00
0.00
Standalone Net Profit
51.21
37.67
35.94%
Operating Profit Margin (Excl OI)
18.95%
16.78%
2.17%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 26.45% vs 54.56% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 35.94% vs 93.18% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
700.39
578.10
21.15%
Operating Profit (PBDIT) excl Other Income
125.99
101.30
24.37%
Interest
24.94
14.56
71.29%
Exceptional Items
0.00
0.00
Standalone Net Profit
69.18
60.95
13.50%
Operating Profit Margin (Excl OI)
17.99%
17.52%
0.47%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 21.15% vs 53.70% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 13.50% vs 98.02% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
802.20
552.40
45.22%
Operating Profit (PBDIT) excl Other Income
146.32
69.11
111.72%
Interest
22.08
9.84
124.39%
Exceptional Items
0.00
0.00
Standalone Net Profit
85.98
44.21
94.48%
Operating Profit Margin (Excl OI)
18.24%
12.51%
5.73%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 45.22% vs 42.76% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 94.48% vs 39.60% in Mar 2023

stock-summaryCompany CV
About Venus Pipes & Tubes Ltd stock-summary
stock-summary
Venus Pipes & Tubes Ltd
Small Cap
Steel/Sponge Iron/Pig Iron
Venus Pipes & Tubes Private Limited was incorporated as a Private Company on February 17, 2015. Thereafter, Company converted into a Public Limited and name of the Company was changed to Venus Pipes & Tubes Limited on September 16, 2021. The Company operates as a manufacturer and exporter of stainless steel (SS) welded and seamless pipes. The Company headquartered in Gandhidham, Gujarat, possesses a stainless-steel pipe manufacturing plant located in the Kutch region of Dhaneti.
Company Coordinates stock-summary
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No Company Details Available