Venus Pipes & Tubes Ltd
VENUSPIPESVenus Pipes & Tubes Ltd
VENUSPIPES
MaterialsIron & Steel
SmallcapWith a market cap of ₹2,720 cr, stock is ranked 840
High RiskStock is 3.07x as volatile as Nifty
1,358.001.32% (+17.75)
1,358.001.32% (+17.75)
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 43.61 | 8.44 | 0.04% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 22.65 | 2.99 | 2.99% |
Forecast & Ratings
Detailed Forecast100%
Analysts have suggested that investors can buy this stock
from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Venus Pipes & Tubes is engaged in manufacturing and exporting of stainless-steel pipes and tubes.
Investor Presentation
View olderPeers
Compare with peersJSW Steel Ltd
PE Ratio
45.97
1Y Return
9.32%
Buy Reco %
37.04
Tata Steel Ltd
PE Ratio
17.70
1Y Return
20.07%
Buy Reco %
70.37
Jindal Steel And Power Ltd
PE Ratio
21.16
1Y Return
30.19%
Buy Reco %
60.87
Bharat Forge Ltd
PE Ratio
96.68
1Y Return
29.86%
Buy Reco %
59.26
Jindal Stainless Ltd
PE Ratio
20.36
1Y Return
210.29%
Buy Reco %
100.00
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Forecasts
Price
Revenue
Earnings
Price Forecast
2022
Current
₹1,340.25
Baseline
Forecast for Nov 2024
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2022
Current
₹1,340.25
Baseline
Forecast for Nov 2024
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Revenue Forecast
2023
Current
₹554.80
Baseline
Forecast for Mar 2024
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2023
Current
₹554.80
Baseline
Forecast for Mar 2024
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Earnings Per Share Forecast
2023
Current
₹24.89
Baseline
Forecast for Mar 2024
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2023
Current
₹24.89
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Forecast for Mar 2024
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Income
Balance Sheet
Cash Flow
Annual Normal View
Income Statement
Annual Normal View
| Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 120.50 | 179.32 | 312.03 | 389.07 | 554.80 | 685.25 | ||||||
Raw Materials | 105.36 | 165.93 | 263.21 | 362.72 | 466.20 | 581.99 | ||||||
| Power & Fuel Cost | 1.61 | 1.68 | 1.83 | 3.04 | 6.03 | |||||||
| Employee Cost | 2.53 | 2.67 | 3.20 | 6.25 | 10.18 | |||||||
| Selling & Administrative Expenses | 1.79 | 1.84 | 3.05 | 5.12 | 9.93 | |||||||
| Operating & Other expenses | -0.83 | -5.95 | 3.27 | -39.41 | -9.04 | |||||||
EBITDA | 10.04 | 13.15 | 37.47 | 51.35 | 71.50 | 103.26 | ||||||
| Depreciation/Amortization | 1.99 | 2.11 | 0.97 | 1.43 | 1.97 | 5.38 | ||||||
| PBIT | 8.05 | 11.04 | 36.50 | 49.92 | 69.53 | 97.88 | ||||||
| Interest & Other Items | 3.11 | 4.55 | 5.56 | 7.06 | 9.84 | 13.64 | ||||||
| PBT | 4.94 | 6.49 | 30.94 | 42.86 | 59.69 | 84.24 | ||||||
| Taxes & Other Items | 1.19 | 2.36 | 7.31 | 11.21 | 15.48 | 21.87 | ||||||
| Net Income | 3.75 | 4.13 | 23.63 | 31.65 | 44.21 | 62.37 | ||||||
| EPS | 2.86 | 3.15 | 18.04 | 22.35 | 24.89 | 30.73 | ||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 1.00 | ||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 |
Company Updates
Peers & Comparison
Comparing 3 stocks from
MaterialsIron & Steel
Compare valuation on Screener
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Venus Pipes & Tubes Ltd | 61.53 | 8.44 | 0.04% |
| JSW Steel Ltd | 45.97 | 2.84 | 0.54% |
| Tata Steel Ltd | 17.70 | 1.47 | 2.84% |
| Jindal Steel And Power Ltd | 21.16 | 1.72 | 0.30% |
Price Comparison
Compare VENUSPIPES with any stock or ETFCompare VENUSPIPES with any stock or ETF
VENUSPIPES
Shareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Increased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.
In last 3 months, retail holding in the company has increased by 2.02%
Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds
Mutual Funds Holding Trend
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Decreased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has decreased by 1.28%
Top 1 Mutual Funds holding Venus Pipes & Tubes Ltd
| Funds (Top 1) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India SMALL CAP FUND DIRECT PLAN GROWTH PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9556% | Percentage of the fund’s portfolio invested in the stock 0.22% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 144/214 (-12) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 7, 2023
Interim
Interim | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Nov 7, 2023
Cash Dividend
Ex DateEx DateSep 18, 2023
Final
Final | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Sep 18, 2023
Cash Dividend
Ex DateEx DateNov 18, 2022
Interim
Interim | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Nov 18, 2022
News & Opinions
Articles & Videos
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Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant