Venus Pipes & Tubes Limited is a leading manufacturer and exporter of stainless steel pipes and tubes in India. Established in 2015 by farsighted entrepreneurs with extensive academic and industry experience, the company has rapidly grown into a significant organization through visionary leadership and a committed team. Today, Venus has become one of India's most trusted and leading Stainless Steel Pipes & Tubes manufacturing companies.
Initially incorporated as Venus Pipes & Tubes Private Limited on February 17, 2015, the company transitioned into a Public Limited company on September 16, 2021, changing its name to Venus Pipes & Tubes Limited. The company is headquartered in Gandhidham, India.
Venus Pipes & Tubes demonstrates a strong financial position, reflecting its operational efficiency and market presence.
• Market Capitalization: ₹2,769.03 Crore
• Revenue: ₹959 Crore (FY25)
• Profit: ₹92.9 Crore (FY25)
• Promoter Holding: 48.1%
The company has shown consistent performance in recent quarters:
• Q4 FY2024-25: Revenue of ₹258.14 Crore, Net Profit of ₹23.71 Crore. While revenue increased by 15% year-over-year, EBITDA and PAT declined by 8% and 5% respectively in this quarter.
• Q3 FY2024-25: Revenue of ₹232.27 Crore, Net Profit of ₹17.97 Crore, with a Net Profit Margin of 7.74%.
In June 2025, CRISIL upgraded Venus Pipes' credit ratings, and its bank loan facilities were increased to Rs.479 Crore from Rs.363 Crore. The company maintains a robust order book of ₹5.74 billion, indicating strong future growth potential. Export growth has been a significant contributor to revenue, helping to offset weaker domestic demand.
Venus Pipes & Tubes Limited manufactures stainless steel tube products in two broad categories: seamless tubes/pipes and welded tubes/pipes. Under these categories, five distinct product types are manufactured: stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes, and stainless steel box pipes. The company specializes in producing welded pipes/tubes ranging from 6 millimeters (mm) to 219.3 mm in diameter, and seamless pipes/tubes from 6 mm to 114.3 mm in diameter.
The company serves a diverse range of industries, including Oil and Gas, Petrochemical, Pharmaceuticals, Food and Beverage, Chemical, Engineering, Fertilizers, Power, Paper, Paint, Defence, and Aerospace, focusing on innovation, quality, and customer satisfaction. Products are distributed through direct supply, traders, stockists, and selected marketing representatives.
Venus Pipes operates an expansive production facility covering 124,000 square meters, strategically located in the Kutch region of India. This prime location offers easy access to two major seaports, enabling efficient logistics and global distribution. The facility boasts 40 production lines, equipped with advanced machinery such as Pilgers, Tube mills, JCO Forming Press, Draw benches, Annealing furnaces, and various ancillary machines.
The company ensures superior quality through the implementation of benchmark technologies and a fully-equipped in-house quality control lab that adheres to international standards. State-of-the-art production technologies include Hot Piercing, Pilgers, Tube mills, JCO Forming Press, Draw Benches, and Bright and Solution annealing furnaces.
Venus Pipes & Tubes has established a significant global presence, exporting its products to countries across the European Union, Brazil, the United Kingdom, and Israel. The company actively participates in various international exhibitions and trade shows to expand its reach and strengthen its position in the global stainless steel pipes and tubes market.
Venus Pipes & Tubes stands out in the competitive landscape of stainless steel pipe and tube manufacturers. Its major competitors include Goodluck India, JTL Industries, Man Industries, Aeroflex Industries, Hi-Tech Pipes, Rama Steel Tubes, and Hariom Pipe Industries. Financially, Venus Pipes & Tubes appears stable, with a lower probability of bankruptcy or financial crunch compared to its immediate competitors.
Analyst sentiment for Venus Pipes & Tubes Ltd is highly positive, with 100% of analysts recommending a 'BUY' rating. The average target price, based on ratings from 6 analysts, is ₹1903.67. This target price represents a potential upside of 40.46% compared to the current price of ₹1433.5, highlighting strong confidence in the company's future prospects.
The company is effectively led by its Chairperson, Jayantiram Motiram Choudhary. The directorial team at Venus Pipes & Tubes Ltd is characterized by dynamic and visionary leadership, backed by over two decades of extensive experience within the stainless steel industry.
Venus Pipes & Tubes has firmly established itself as a prominent player in India's stainless steel pipes and tubes manufacturing sector, boasting strong operational capabilities, a significant global reach, and a robust financial position that strategically places it for future growth opportunities.
