Venus Pipes & Tubes Performance

Day Range

Low 2,100
High 2,175

₹ 2,150

52 Week Range

Low 940
High 2,228

₹ 2,150

Open Price2,115
Previous Close2,100
Volume86413

Venus Pipes & Tubes Share Price

Over 1 Month +3.65%
Over 3 Month +26.91%
Over 6 Month +52.97%
Over 1 Year +133.05%

Venus Pipes & Tubes Key Statistics

P/E Ratio	50.8
PEG Ratio	0.5
Market Cap Cr	4,364
Price to Book Ratio	10.7
EPS	42.4
Dividend	0
Relative Strength Index	60.19
Money Flow Index	51.72
MACD Signal	50.73
Average True Range	81.68

Venus Pipes & Tubes Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	224	207	191	180	176
Operating Expenses Qtr Cr	179	168	157	152	155
Operating Profit Qtr Cr	45	39	35	28	22
Depreciation Qtr Cr	4	4	3	1	1
Interest Qtr Cr	8	6	5	3	3
Tax Qtr Cr	9	8	7	6	5
Net Profit Qtr Cr	25	23	20	17	13

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	805	555
Operating Expenses Annual Cr	656	483
Operating Profit Annual in Cr	146	69
Depreciation Cr	12	2
Interest Annual Cr	22	10
Tax Annual Cr	30	15
Net Profit Annual Cr	86	44

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	52	10
Cash from Investing Activity Annual Cr	-100	-168
Cash from Financing Annual Activity Cr	38	168
Net Cash Flow Annual Cr		11

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	406	322
Fixed Assets Annual Cr	294	181
Total Non Current Assets Annual Cr	302	184
Total Current Assets Annual Cr	455	324
Total Assets Annual Cr	758	507

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	200	159
ROE Annual %	21	14
ROCE Annual %	31	20
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	19	13

Indicator	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %

Invest in Venus Pipes & Tubes

Venus Pipes & Tubes Technicals

EMA & SMA

Current Price

₹2,150.00

+50.45 (2.4%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹2,084.35

50 Day
₹1,967.17

100 Day
₹1,803.74

200 Day
₹1,581.98

20 Day
₹2,100.47

50 Day
₹1,951.44

100 Day
₹1,737.29

200 Day
₹1,562.71

Venus Pipes & Tubes Resistance and Support

PIVOT

₹2,141.67

Resistance
First Resistance	2,183.33
Second Resistance	2,216.67
Third Resistance	2,258.33

RSI	60.19
MFI	51.72
MACD Single Line	50.73
MACD	43.78

Support
First Support	2,108.33
Second Support	2,066.67
Third Supoort	2,033.33

Venus Pipes & Tubes Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	91,666	4,770,299	52.04
Week	79,731	4,751,944	59.6
1 Month	95,407	4,304,745	45.12
6 Month	150,639	6,557,298	43.53

Venus Pipes & Tubes Result Highlights

Venus Pipes & Tubes Synopsis

NSE-Steel-Specialty Alloys

Venus Pipes & Tubes is involved in the business activities of Manufacture of tube and tube fittings of basic iron and steel. Company’s Total Operating Revenue is Rs. 802.20 Cr. and Equity Capital is Rs. 20.30 Cr. for the Year ended 31/03/2024. Venus Pipes & Tubes Ltd. is a Public Limited Listed company incorporated on 17/02/2015 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L74140GJ2015PLC082306 and registration number is 082306.

Market Cap	4,364
Sales	802
Shares in Float	1.04
No of funds	37
Yield	0.05

Book Value	10.75
U/D Vol ratio	1.5
LTDebt / Equity	8
Alpha	0.24
Beta	1.11

Venus Pipes & Tubes Shareholding Pattern

Owner Name	Mar-24	Dec-23	Sep-23	Jun-23
Promoters	48.68%	48.68%	48.63%	48.2%
Mutual Funds	3.55%	2.96%	2.96%	4.23%
Insurance Companies	4.39%	4.25%	4.17%	4.35%
Foreign Portfolio Investors	4.27%	4.81%	6.6%	6.49%
Individual Investors	26.17%	29.61%	29.14%	29.18%
Others	12.94%	9.69%	8.5%	7.55%

Venus Pipes & Tubes Management

Name	Designation
Mr. Jayantiram Motiram Choudhary	Chairman & Non-Exe.Director
Mr. Arun Axaykumar Kothari	Managing Director & CFO
Mr. Dhruv Mahendrakumar Patel	Whole Time Director
Mr. Megharam Sagramji Choudhary	Whole Time Director
Mr. Kailash Nath Bhandari	Independent Director
Mr. Pranay Ashok Surana	Independent Director
Mr. Komal Lokesh Khadaria	Independent Director
Mr. Shyam Agrawal	Independent Director

Venus Pipes & Tubes Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Date	Purpose	Remarks
2024-05-09	Audited Results & Final Dividend
2024-01-29	Quarterly Results
2023-10-26	Quarterly Results & Interim Dividend
2023-08-03	Quarterly Results
2023-05-24	Audited Results & Final Dividend

Date	Purpose	Remarks
2023-11-07	INTERIM	Rs.0.50 per share(5%)Interim Dividend
2023-09-18	FINAL	Rs.0.50 per share(5%)Final Dividend
2022-11-21	INTERIM	Rs.0.50 per share(5%)Interim Dividend

Venus Pipes & Tubes MF Shareholding

Name	Amount(cr)
Nippon India Small Cap Fund - Growth	50,423
Tata India Consumer Fund Regular Growth	1,950
TrustMF Flexi Cap Fund Regular Growth	513

Venus Pipes & Tubes FAQs

What is Share Price of Venus Pipes & Tubes ?

Venus Pipes & Tubes share price is ₹2,150 As on 24 May, 2024 | 02:43

What is the Market Cap of Venus Pipes & Tubes ?

The Market Cap of Venus Pipes & Tubes is ₹4363.7 Cr As on 24 May, 2024 | 02:43

What is the P/E ratio of Venus Pipes & Tubes ?

The P/E ratio of Venus Pipes & Tubes is 50.8 As on 24 May, 2024 | 02:43

What is the PB ratio of Venus Pipes & Tubes ?

The PB ratio of Venus Pipes & Tubes is 10.7 As on 24 May, 2024 | 02:43

Venus Pipes & Tubes Key Statistics

P/E Ratio	50.8
PEG Ratio	0.5
Market Cap Cr	4,364
Price to Book Ratio	10.7
EPS	42.4
Dividend	0
Relative Strength Index	60.19
Money Flow Index	51.72
MACD Signal	50.73
Average True Range	81.68

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