About Venus Pipes & Tubes Limited
Data last updated: 14 July 2026
Venus Pipes & Tubes Limited is a public limited company based in Bhuj, Gujarat, India. It specialises in pipe and tubes, a part of the broader manufacturing sector. Incorporated on 17 February 2015, the company has been in operation for over 11 years.
Registered with ROC Ahmedabad under CIN L24311GJ2015PLC082306. Listed on BSE: 543528.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.72 Cr. Formerly known as Venus Pipes & Tubes Private Limited. It is led by directors including Pranay Ashok Surana and Dhruv Mahendrakumar Patel.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Survey No. 233/2 And 234/1 Dhaneti, Bhuj, Gujarat, India – 370020.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹1,166.85 Cr, a growth of 21.73% compared to the previous year. The net worth stands at ₹668.48 Cr (up 25.78% YoY). Total assets are valued at ₹1,299.55 Cr (up 28.89% YoY).
The company has a workforce of approximately 556 employees as per the latest available data.
The company is associated with 1 brand - Venus Pipes And Tubes. As per MCA filings, the company has open charges of ₹533.43 Cr and satisfied charges of ₹261.48 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website venuspipes.com.
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Social Media
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Registered AddressSurvey No. 233/2 And 234/1 Dhaneti, Bhuj, Gujarat, India – 370020
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IndustryManufacturing, Pipe & Tubes
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24311GJ2015PLC082306, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24311GJ2015PLC082306 | Current |
| U74140GJ2015PLC082306 | Previous |
| U74140GJ2015PTC082306 | Previous |
| L74140GJ2015PLC082306 | Previous |
Associated Brands with Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited operates one associated brand: Venus Pipes and Tubes. These brands represent Venus Pipes & Tubes Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Stainless steel pipes and tubes are manufactured for diverse industries. | venuspipes.com |
Business Activity of Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Venus Pipes & Tubes Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited is audited by Maheshwari & Co. (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Maheshwari & Co. (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited is currently managed by 8 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Pranay Ashok Surana
Also directs:
Venus Pipes & Tubes Limited
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Director | 19 Oct 2021 | 4 Years 9 Months | Current |
|
Dhruv Mahendrakumar Patel
Also directs:
Venus Pipes & Tubes Limited
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Whole-Time Director | 16 Jun 2015 | 11 Years 1 Months | Current |
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Jayantiram Motiram Choudhary
Also directs:
Venus Pipes & Tubes Limited
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Whole-Time Director | 17 Feb 2015 | 11 Years 5 Months | Current |
|
Arun Axaykumar Kothari
Also directs:
Venus Pipes & Tubes Limited
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Managing Director | 10 Sep 2021 | 4 Years 11 Months | Current |
|
Shyam Agrawal
Also directs:
Venus Pipes & Tubes Limited, Mayur Uniquoters Limited, Indraprastha Gas Limited and 4 more
|
Director | 19 Oct 2021 | 4 Years 9 Months | Current |
|
Megharam Sagramji Choudhary
Also directs:
Venus Pipes & Tubes Limited
|
Whole-Time Director | 17 Feb 2015 | 11 Years 5 Months | Current |
Financials of Venus Pipes & Tubes Limited FY 2026 filings available
Venus Pipes & Tubes Limited reported revenue of ₹1,166.85 Cr (up 21.73% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,166.85 Cr | ₹958.53 Cr | ₹802.2 Cr | ₹552.4 Cr | ₹386.95 Cr |
| Other Income | ₹11.63 Cr | ₹10.65 Cr | ₹3.18 Cr | ₹2.4 Cr | ₹2.12 Cr |
| Total Income | ₹1,178.48 Cr | ₹969.18 Cr | ₹805.38 Cr | ₹554.79 Cr | ₹389.08 Cr |
| Cost of Materials Consumed | ₹778.36 Cr | ₹748.5 Cr | ₹632.19 Cr | ₹466.2 Cr | ₹356.26 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹6.46 Cr |
| Changes in Inventories | -₹7.83 Cr | -₹108.99 Cr | -₹56.9 Cr | -₹21.61 Cr | -₹47.67 Cr |
| Employee Benefit Expense | ₹50.43 Cr | ₹37.95 Cr | ₹22.37 Cr | ₹10.18 Cr | ₹6.25 Cr |
| Finance Costs | ₹40.84 Cr | ₹34.36 Cr | ₹22.08 Cr | ₹9.84 Cr | ₹7.06 Cr |
| Depreciation & Amortisation | ₹23.58 Cr | ₹18.53 Cr | ₹11.77 Cr | ₹1.97 Cr | ₹1.42 Cr |
| Other Expenses | ₹155.31 Cr | ₹113.47 Cr | ₹58.22 Cr | ₹28.53 Cr | ₹16.43 Cr |
| Total Expenses | ₹1,040.69 Cr | ₹843.81 Cr | ₹689.73 Cr | ₹495.11 Cr | ₹346.2 Cr |
| Profit Before Exceptional Items & Tax | ₹137.79 Cr | ₹125.37 Cr | ₹115.64 Cr | ₹59.69 Cr | ₹42.88 Cr |
| Exceptional Items | -₹45.8 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹137.33 Cr | ₹125.37 Cr | ₹115.64 Cr | ₹59.69 Cr | ₹42.88 Cr |
| Total Tax Expense | ₹35.37 Cr | ₹0 | ₹29.66 Cr | ₹15.48 Cr | ₹11.21 Cr |
| Net Profit | ₹101.96 Cr | ₹125.37 Cr | ₹85.98 Cr | ₹44.21 Cr | ₹31.67 Cr |
| Other Comprehensive Income | ₹76.7 Lakh | -₹53.2 Lakh | -₹5.8 Lakh | ₹30,000 | -₹90,000 |
| Total Comprehensive Income | ₹102.73 Cr | ₹124.83 Cr | ₹85.92 Cr | ₹44.21 Cr | ₹31.66 Cr |
| EBITDA (computed) | ₹202.21 Cr | ₹178.25 Cr | ₹149.49 Cr | ₹71.5 Cr | ₹51.36 Cr |
| Basic EPS | ₹49.51 | ₹45.65 | ₹42.36 | ₹22.60 | ₹22.55 |
| Diluted EPS | ₹49.43 | ₹45.45 | ₹42.36 | ₹22.60 | ₹22.55 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,299.55 Cr | ₹1,008.3 Cr | ₹757.59 Cr | ₹507.44 Cr |
| Non-current Assets | ₹560.64 Cr | ₹395.75 Cr | ₹302.21 Cr | ₹183.52 Cr |
| Current Assets | ₹738.92 Cr | ₹612.55 Cr | ₹455.37 Cr | ₹323.92 Cr |
| Property, Plant & Equipment | ₹396.13 Cr | ₹308.83 Cr | ₹280.99 Cr | ₹59.75 Cr |
| Inventories | ₹386.89 Cr | ₹342.78 Cr | ₹225.94 Cr | ₹166.94 Cr |
| Trade Receivables | ₹259.86 Cr | ₹192.01 Cr | ₹177.14 Cr | ₹70.49 Cr |
| Cash & Equivalents | ₹6.18 Cr | ₹2.94 Cr | ₹1.05 Cr | ₹10.77 Cr |
| Equity (Net Worth) | ₹668.48 Cr | ₹531.48 Cr | ₹406.09 Cr | ₹322.2 Cr |
| Equity Share Capital | ₹20.72 Cr | ₹20.43 Cr | ₹20.3 Cr | ₹20.3 Cr |
| Borrowings (Non-current) | ₹90.57 Cr | ₹28.02 Cr | ₹33.96 Cr | ₹24.69 Cr |
| Borrowings (Current) | ₹194.95 Cr | ₹163.52 Cr | ₹115.37 Cr | ₹65.77 Cr |
| Total Debt (computed) | ₹285.53 Cr | ₹191.54 Cr | ₹149.32 Cr | ₹90.46 Cr |
| Current Liabilities | ₹519.08 Cr | ₹434.68 Cr | ₹309.02 Cr | ₹158.5 Cr |
| Total Liabilities | ₹631.08 Cr | ₹476.82 Cr | ₹351.49 Cr | ₹185.24 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹112.42 Cr | ₹68.66 Cr | ₹52.23 Cr | ₹8.88 Cr | -₹60 Cr |
| Investing Cash Flow | -₹202.82 Cr | -₹114.2 Cr | -₹99.73 Cr | -₹177.51 Cr | -₹22.83 Cr |
| Financing Cash Flow | ₹93.65 Cr | ₹47.43 Cr | ₹37.78 Cr | ₹169.38 Cr | ₹82.78 Cr |
| Capital Expenditure | ₹188.66 Cr | ₹108.39 Cr | ₹107.45 Cr | ₹161.86 Cr | ₹20.55 Cr |
| Free Cash Flow (computed) | -₹76.25 Cr | -₹39.73 Cr | -₹55.21 Cr | -₹152.98 Cr | -₹80.55 Cr |
| Dividends Paid | ₹2.06 Cr | ₹2.03 Cr | ₹2.03 Cr | ₹0 | ₹0 |
| Net Change in Cash | ₹3.25 Cr | ₹1.89 Cr | -₹9.72 Cr | ₹75.4 Lakh | -₹5.75 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹302.2 Cr | ₹296.7 Cr | ₹291.54 Cr | ₹276.41 Cr | ₹258.14 Cr | ₹231.3 Cr | ₹228.95 Cr | ₹240.14 Cr | ₹224.1 Cr | ₹207.13 Cr | ₹191.36 Cr | ₹179.61 Cr |
| Other Income | ₹2.14 Cr | ₹2.6 Cr | ₹2.97 Cr | ₹3.92 Cr | ₹5.02 Cr | ₹96.7 Lakh | ₹3.65 Cr | ₹1.02 Cr | ₹14.2 Lakh | ₹2 Cr | ₹48.3 Lakh | ₹55.5 Lakh |
| Total Income | ₹304.34 Cr | ₹299.3 Cr | ₹294.51 Cr | ₹280.33 Cr | ₹263.15 Cr | ₹232.27 Cr | ₹232.6 Cr | ₹241.16 Cr | ₹224.25 Cr | ₹209.13 Cr | ₹191.84 Cr | ₹180.17 Cr |
| Cost of Materials Consumed | ₹196.01 Cr | ₹226.35 Cr | ₹200.82 Cr | ₹155.18 Cr | ₹190.17 Cr | ₹188.29 Cr | ₹202.75 Cr | ₹167.29 Cr | ₹179.58 Cr | ₹149.61 Cr | ₹159 Cr | ₹144 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹1.14 Cr | -₹31.2 Cr | -₹5.94 Cr | ₹30.45 Cr | -₹18.2 Cr | -₹32.97 Cr | -₹51.48 Cr | -₹6.34 Cr | -₹26.38 Cr | -₹3.05 Cr | -₹21.97 Cr | -₹5.5 Cr |
| Employee Benefit Expense | ₹13.49 Cr | ₹12.67 Cr | ₹12.55 Cr | ₹11.71 Cr | ₹10.35 Cr | ₹10.34 Cr | ₹8.84 Cr | ₹8.42 Cr | ₹6.61 Cr | ₹6.24 Cr | ₹5.52 Cr | ₹4 Cr |
| Finance Costs | ₹10.49 Cr | ₹10.47 Cr | ₹10.1 Cr | ₹9.79 Cr | ₹9.42 Cr | ₹9.11 Cr | ₹8.18 Cr | ₹7.65 Cr | ₹7.53 Cr | ₹6.2 Cr | ₹5.05 Cr | ₹3.31 Cr |
| Depreciation & Amortisation | ₹6.29 Cr | ₹6.11 Cr | ₹5.96 Cr | ₹5.22 Cr | ₹4.79 Cr | ₹4.76 Cr | ₹4.64 Cr | ₹4.34 Cr | ₹3.83 Cr | ₹3.68 Cr | ₹2.87 Cr | ₹1.39 Cr |
| Other Expenses | ₹44.43 Cr | ₹40.02 Cr | ₹36.6 Cr | ₹34.26 Cr | ₹34.21 Cr | ₹28.55 Cr | ₹27.88 Cr | ₹22.83 Cr | ₹19.27 Cr | ₹15.29 Cr | ₹14.12 Cr | ₹9.54 Cr |
| Total Expenses | ₹269.57 Cr | ₹264.42 Cr | ₹260.09 Cr | ₹246.62 Cr | ₹230.74 Cr | ₹208.07 Cr | ₹200.82 Cr | ₹204.19 Cr | ₹190.44 Cr | ₹177.97 Cr | ₹164.59 Cr | ₹156.74 Cr |
| Profit Before Exceptional Items & Tax | ₹34.77 Cr | ₹34.88 Cr | ₹34.42 Cr | ₹33.71 Cr | ₹32.41 Cr | ₹24.2 Cr | ₹31.79 Cr | ₹36.97 Cr | ₹33.81 Cr | ₹31.16 Cr | ₹27.25 Cr | ₹23.43 Cr |
| Exceptional Items | ₹18.7 Lakh | -₹64.5 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹34.96 Cr | ₹34.24 Cr | ₹34.42 Cr | ₹33.71 Cr | ₹32.41 Cr | ₹24.2 Cr | ₹31.79 Cr | ₹36.97 Cr | ₹33.81 Cr | ₹31.16 Cr | ₹27.25 Cr | ₹23.43 Cr |
| Total Tax Expense | ₹9.46 Cr | ₹8.62 Cr | ₹8.33 Cr | ₹8.95 Cr | ₹8.71 Cr | ₹6.23 Cr | ₹8.13 Cr | ₹9.41 Cr | ₹8.77 Cr | ₹7.89 Cr | ₹6.99 Cr | ₹6.02 Cr |
| Net Profit | ₹25.5 Cr | ₹25.61 Cr | ₹26.09 Cr | ₹24.76 Cr | ₹23.71 Cr | ₹17.97 Cr | ₹23.66 Cr | ₹27.56 Cr | ₹25.04 Cr | ₹23.28 Cr | ₹20.26 Cr | ₹17.41 Cr |
| Other Comprehensive Income | -₹2.8 Lakh | -₹33 Lakh | ₹91.3 Lakh | ₹21.2 Lakh | -₹48.8 Lakh | -₹1.2 Lakh | -₹1.7 Lakh | -₹1.5 Lakh | -₹6 Lakh | ₹10,000 | ₹0 | ₹10,000 |
| Total Comprehensive Income | ₹25.47 Cr | ₹25.28 Cr | ₹27 Cr | ₹24.98 Cr | ₹23.22 Cr | ₹17.96 Cr | ₹23.64 Cr | ₹27.54 Cr | ₹24.98 Cr | ₹23.28 Cr | ₹20.26 Cr | ₹17.41 Cr |
| EBITDA (computed) | ₹51.55 Cr | ₹51.46 Cr | ₹50.48 Cr | ₹48.72 Cr | ₹46.62 Cr | ₹38.07 Cr | ₹44.61 Cr | ₹48.95 Cr | ₹45.16 Cr | ₹41.04 Cr | ₹35.16 Cr | ₹28.13 Cr |
| Basic EPS | ₹12.38 | ₹12.46 | ₹12.74 | ₹12.12 | ₹11.65 | ₹8.84 | ₹11.63 | ₹13.58 | ₹12.34 | ₹11.47 | ₹9.98 | ₹8.58 |
| Diluted EPS | ₹12.36 | ₹12.43 | ₹12.70 | ₹12.08 | ₹11.60 | ₹8.80 | ₹11.58 | ₹13.51 | ₹12.34 | ₹11.47 | ₹9.98 | ₹8.58 |
Board & Governance of Venus Pipes & Tubes Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Venus Pipes & Tubes Limited has 8 directors - 4 independent and 4 executive. The board is chaired by Arun Axaykumar Kothari.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Arun Axaykumar Kothari | Executive Director · MD · Chairperson | 2021-09-10 | 1 |
| Megharam Sagramji Choudhary | Executive Director | 2015-02-17 | 1 |
| Dhruv Mahendrakumar Patel | Executive Director | 2015-06-16 | 1 |
| Jayantiram Motiram Choudhary | Executive Director | 2015-02-17 | 1 |
| Kailash Nath Bhandari | Non-Executive - Independent Director | 2021-10-19 | 1 |
| Pranay Ashok Surana | Non-Executive - Independent Director | 2021-10-19 | 1 |
| Shyam Agrawal | Non-Executive - Independent Director | 2021-10-19 | 3 |
| Komal Lokesh Khadaria | Non-Executive - Independent Director | 2021-10-19 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Komal Lokesh Khadaria (Chairperson), Pranay Ashok Surana, Arun Axaykumar Kothari |
| Nomination and remuneration committee | Komal Lokesh Khadaria (Chairperson), Kailash Nath Bhandari, Pranay Ashok Surana |
| Stakeholders Relationship Committee | Pranay Ashok Surana (Chairperson), Shyam Agrawal, Jayantiram Motiram Choudhary |
| Risk Management Committee | Komal Lokesh Khadaria (Chairperson), Arun Axaykumar Kothari, Jayantiram Motiram Choudhary |
| Corporate Social Responsibility Committee | Shyam Agrawal (Chairperson), Megharam Sagramji Choudhary, Dhruv Mahendrakumar Patel |
| Management Committee | Arun Axaykumar Kothari (Chairperson), Dhruv Mahendrakumar Patel, Megharam Sagramji Choudhary |
Charges & Borrowings of Venus Pipes & Tubes Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2026 | Sbicap Trustee Company Limited | ₹35 Cr | Open |
| 19 Jun 2025 | Others | ₹35 Cr | Open |
| 05 Aug 2024 | Others | ₹47.5 Cr | Open |
| 25 Jan 2024 | Others | ₹4 Cr | Open |
| 25 Sep 2023 | Axis Bank Limited | ₹83 Cr | Open |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Venus Pipes & Tubes Limited
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Employee and EPFO history for Venus Pipes & Tubes Limited
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GST Compliance of Venus Pipes & Tubes Limited
GST registrations and filing compliance for Venus Pipes & Tubes Limited
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Credit Ratings, Litigation & Regulatory Alerts for Venus Pipes & Tubes Limited
Credit ratings, litigation, and regulatory alerts for Venus Pipes & Tubes Limited
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MSME Payment Delays by Venus Pipes & Tubes Limited
MSME payment history for Venus Pipes & Tubes Limited
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Subsidiaries & Group Companies of Venus Pipes & Tubes Limited
Corporate group structure for Venus Pipes & Tubes Limited
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MCA Filings & Documents of Venus Pipes & Tubes Limited
MCA filings and documents for Venus Pipes & Tubes Limited
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Recent Activity on Venus Pipes & Tubes Limited
Recent News on Venus Pipes & Tubes Limited
Frequently Asked Questions about Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited is an active public limited company in the manufacturing sector based in Bhuj, Gujarat, India. It was incorporated on 17 February 2015 (11+ years old) and is registered under CIN L24311GJ2015PLC082306. Listed on BSE: 543528. The company has 556 employees.
Venus Pipes & Tubes Limited reported revenue of ₹1,166.85 Cr for FY 2026 (up 21.73% YoY) based on standalone NSE filings.
The current directors of Venus Pipes & Tubes Limited are:
- Pranay Ashok Surana - Director
- Dhruv Mahendrakumar Patel - Whole-Time Director
- Jayantiram Motiram Choudhary - Whole-Time Director
- Arun Axaykumar Kothari - Managing Director
- Shyam Agrawal - Director
- Megharam Sagramji Choudhary - Whole-Time Director
- Kailash Nath Bhandari - Director
- Komal Lokesh Khadaria - Director
The primary industry of Venus Pipes & Tubes Limited is manufacturing. The company specifically operates in pipe and tubes. The company is currently active in this sector.
Yes. Venus Pipes & Tubes Limited is listed on BSE with code 543528.
Venus Pipes & Tubes Limited can be reached at the registered office: Survey No. 2332 And 2341 Dhaneti, Bhuj, Gujarat, India – 370020, or through the website venuspipes.com.