What we do Venus Pipes & Tubes Ltd manufactures and exports stainless steel welded and seamless pipes, serving diverse industries like chemicals, power, pharmaceuticals, oil & gas, and aerospace. |
Founded in 2,015 |
Market share A niche player with significant growth; exports to 30+ countries and expanding domestic presence. |
Problem solved Provides high-quality, corrosion-resistant stainless steel piping solutions critical for demanding industrial applications. |
Top clients or who we serve Clients include 80+ Fortune 500 companies, catering to B2B segments across chemicals, pharmaceuticals, power, oil & gas, aerospace. |
Key management Arun Kothari (Chairman & Managing Director, Chartered Accountant) leads an experienced team with expertise in steel and engineering sectors. |
Our journey and innovations Established manufacturing in 2015; expanded seamless pipe lines in 2017; IPO in 2022; continuous capacity expansions and backward integration through piercing lines. |
Where we operate Operations mainly in India with significant exports to EU, UK, Brazil, Israel, and over 30 countries globally. |
Top products or what we offer Stainless steel seamless and welded pipes and tubes including high-precision, heat exchanger, hydraulic, instrumentation, LSAW pipes and condenser tubes. |
Top brands Venus Stainless Steel Pipes and Tubes - known for quality, export reputation, and expanding capacity boosting market presence. |
Raw materials needed Stainless steel as primary raw material for manufacturing pipes and tubes. |
Raw materials supplier Supplied by stainless steel producers and steel traders adhering to quality standards. |
Recurring vs cyclical contribution Revenue largely from recurring industrial orders with seasonal fluctuations in specific sectors. |
Our industry position Growing niche leader in stainless steel pipes with enhanced capacity and strong client base in critical industries. |
Financial highlights FY25 Revenue ₹958.5 Cr, Net Profit ₹92.9 Cr; consistent ~32% CAGR revenue growth, 18% EBITDA margin, strong profitability trend. |
Geographical revenue split FY25 revenue: ~65% domestic, ~35% exports across multiple international markets. |
Order book - |
Whats driving growth Capacity expansions, entry into value-added fittings, strong export demand, and increasing domestic industrial activity. |
Our future plans Capacity additions in seamless pipes, fittings to be operational by H2 FY26; focus on backward integration. |
Our green promise Committed to environmental safety with ISO certifications and acid regeneration for energy efficiency. |
Our people and values Strong workforce emphasizing ethical standards, safety, and inclusion with ongoing training and employee stock options. |
Key challenges ahead Raw material price fluctuations and global economic uncertainties impacting demand and margins. |
Interesting facts Received ISO/IEC 17025:2017 NABL accreditation for testing labs; rapid capacity growth (~6x in 5 years). |
Risks and strategy Mitigation through backward integration, diversification, quality focus, and expanded product portfolio to sustain growth. |
