Venus Pipes & Tubes Limited Announces Audited Financial Results and Recommends Final Dividend
Venus Pipes & Tubes Limited announced key decisions following its Board of Directors meeting held on May 26, 2026. The board approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend. The company also finalized the re-appointment of its Internal and Cost Auditors for the financial year 2026-27.Financial Results and Dividend Declaration
The board approved the audited financial results for the company for the quarter and year ended March 31, 2026, accompanied by the statutory auditors' report.The board recommended a final dividend of Rs. 0.50 per equity share, representing 5% of the face value of Rs. 10 per share, for the financial year 2025-26. This dividend is subject to approval by the shareholders at the upcoming 12th Annual General Meeting. With this recommendation, the total dividend declared for FY 2025-26 stands at Rs. 1 per equity share.
The company's financial performance for the year ended March 31, 2026, shows significant figures across its financial statements.
Statement of Audited Financial Results (Rs. In Million)
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Revenue from operations | 3,021.95 | 2,966.99 |
| Other income | 21.43 | 26.04 |
| Total Income (A) | 3,043.38 | 2,993.03 |
| Cost of materials consumed | 1,960.11 | 2,263.51 |
| Changes in inventories of finished goods and work in progress | (11.44) | (311.98) |
| Employee benefits expense | 134.93 | 126.68 |
| Finance costs | 104.85 | 104.66 |
| Depreciation and amortisation expense | 62.91 | 61.14 |
| Other expenses | 444.29 | 400.2 |
| Total EBITDA | 2,644.22 | 2,263.51 |
| Profit before tax | 349.60 | 342.36 |
| Net Profit after tax | 254.96 | 256.12 |
| Earnings per equity share (Rs.) | 12.38 | 12.46 |
Balance Sheet Summary (Rs. In Million)
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 12,995.54 | 10,083.03 |
| Property, Plant and Equipment | 3,961.28 | 3,088.29 |
| Capital Work in Progress | 1,236.74 | 665.40 |
| Total Current Assets | 5,430.8 | 5,877.74 |
| Total Equity and Liabilities | 12,995.54 | 10,083.03 |
| Other Equity | 6,477.63 | 5,110.49 |
| Total Current Liabilities | 5,190.75 | 4,346.75 |
Cash Flow Statement Summary (Rs. In Million)
| Particulars | For the Year Ended March 31, 2026 (Audited) | For the Year Ended March 31, 2025 (Audited) |
|---|---|---|
| Cash Flow from Operating Activities | 1,455.48 | 869.53 |
| Cash Flow from Investing Activities | 26.57 | (1,083.87) |
| Cash Flow from Financing Activities | 346.07 | (278.25) |
| Net Cash from/used in Operating Activities | 1,124.4 | 686.39 |
| Cash and cash equivalents at the end of the period | 61.82 | 29.35 |
Auditor Appointments for 2026-27
The board also formally approved the re-appointment of key professional auditors for the Financial Year 2026-27.Internal Auditor:
M/s BRM & Co., Chartered Accountants, was re-appointed as the Internal Auditor for the Financial Year 2026-27. The firm is based in Gujarat and specializes in Assurance, Taxation, and Advisory Services.
Cost Auditor:
M/s K V M & Co., Cost Accountants, was re-appointed as the Cost Auditor for the Financial Year 2026-27. KVM & Co. focuses on Cost and Management Accounts and has experience with Cost Audits and Designing Cost Audit Systems.
Operational Updates
Venus Pipes & Tubes Limited, which operates in a single segment, released the audited financial results, providing a detailed view of its financial standing and performance for the period ending March 31, 2026. The audited financial results are available on the company’s website.VENUSPIPES Stock Price Movement
As of 3:30 PM, shares of Venus Pipes & Tubes Limited are slipping by 1.65% in live trading, currently trading at ₹1391. The equity has shed ₹23.30 on a volume of 133,965 shares, signaling active profit-taking in the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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