What are the headline numbers from the FY26 results?

Venus Pipes reported full-year net profit growth of 9.8% year-on-year. Fourth-quarter revenue performed better, rising 17% year-on-year.

Was there any new financial guidance in the filing?

No. The filing contained no new guidance, profit warnings, or material surprises relative to prior disclosures.

What dividend did the board declare?

The board recommended a final dividend of ₹0.50 per share for FY26, a routine payout for the company.

Were there any other board-level decisions?

The board reappointed the company's internal and cost auditors, a standard administrative procedure for any listed firm.

Earnings · Steel & Iron Products · Small cap

Venus Pipes' FY26 profit growth slows to under 10%

A routine earnings filing with no surprises. Full-year net profit rose 9.8% on the back of a 17% Q4 revenue uptick.

— 7 earlier stories on Venus Pipes & Tubes Ltd. →

VENUSPIPES By Tipsheet Editorial 26 May 2026 · 2:47 PM IST Verify on BSE · NSE

Mkt cap₹3,514 cr

P/E34.47×

ROE17.48%

Debt / eq.0.36

Div yld0.03%

9.8% YoY Growth in Venus Pipes' full-year net profit for FY26.

What's new

FY26 audited results show net profit grew 9.8% year-on-year.
Q4 revenue was up 17% year-on-year, a brighter spot in the year.
Board recommended a final dividend of ₹0.50 per share.

Why this matters

This is a status-quo filing. The single-digit profit growth confirms a slowdown from earlier highs, while the Q4 revenue figure hints at some recent demand. There is no new guidance or strategic colour to chew on.

What we're watching

The conference call for commentary on raw-material costs and order-book trends.
Whether the Q4 revenue acceleration is sustained into Q1 of FY27.
The company's capital-expenditure plans for the next fiscal year.

The full read

Venus Pipes' FY26 results are in. Net profit grew 9.8% year-on-year. That's a slowdown. Q4 was brighter, with revenue up 17%, suggesting some momentum heading into the new year. The board also declared a final dividend of ₹0.50 per share. The filing is thin. No strategic detail, no new guidance, no major surprises. The conference call is the next data point. That is where the story on demand and margins will emerge. Not before.

Questions answered

What are the headline numbers from the FY26 results?: Venus Pipes reported full-year net profit growth of 9.8% year-on-year. Fourth-quarter revenue performed better, rising 17% year-on-year.
Was there any new financial guidance in the filing?: No. The filing contained no new guidance, profit warnings, or material surprises relative to prior disclosures.
What dividend did the board declare?: The board recommended a final dividend of ₹0.50 per share for FY26, a routine payout for the company.
Were there any other board-level decisions?: The board reappointed the company's internal and cost auditors, a standard administrative procedure for any listed firm.

Mentioned: Venus Pipes & Tubes Ltd. · FY26 Results · ₹0.50 final dividend

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Venus Pipes & Tubes Ltd.

Steel

₹3,526 cr

P/E 34.58×

Latest quarter · Mar 2026

Sales₹302 cr

Net profit₹25 cr

Op. margin+16.4%

EPS₹12.31

Strength & growth

Debt / equity0.36×

Current ratio1.40×

Story so far

All notes on VENUSPIPES →

26 May 2026 · 2:47 PM IST Venus Pipes' FY26 profit growth slows to under 10%
39d ago Venus Pipes lands ₹185 cr data-center order, pushes capex to ₹200 cr
46d ago Venus Pipes targets 20% volume growth as data center order kicks in
46d ago Venus Pipes grows revenue 22% but profit growth lags badly
46d ago Venus Pipes grew revenue 21.7% last year. Profit didn't keep up.