Financials Venus Pipes and Tubes Limited

Equities

VENUSPIPES

INE0JA001018

Iron & Steel

Market Closed - NSE India S.E. 07:43:49 2024-04-26 am EDT 5-day change 1st Jan Change
2,079 INR -1.98% Intraday chart for Venus Pipes and Tubes Limited +6.51% +48.43%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 15,141 42,193 - -
Enterprise Value (EV) 1 15,141 42,193 43,493 42,193
P/E ratio 33 x 49 x 33.5 x 25.4 x
Yield 0.07% 0.05% 0.06% 0.07%
Capitalization / Revenue 2.74 x 5.15 x 3.83 x 3.03 x
EV / Revenue 2.74 x 5.15 x 3.83 x 3.03 x
EV / EBITDA 21.9 x 29.4 x 20.8 x 16 x
EV / FCF -9.9 x -113 x -103 x 105 x
FCF Yield -10.1% -0.89% -0.97% 0.95%
Price to Book 4.7 x 9.62 x 7.42 x 5.75 x
Nbr of stocks (in thousands) 20,296 20,296 - -
Reference price 2 746.0 2,079 2,079 2,079
Announcement Date 5/24/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2023 2024 2025 2026
Net sales 1 - 5,524 8,194 11,023 13,926
EBITDA 1 - 691 1,436 2,032 2,631
EBIT 1 - 671.3 1,309 1,903 2,371
Operating Margin - 12.15% 15.98% 17.26% 17.02%
Earnings before Tax (EBT) 1 - 596.8 1,158 1,705 2,257
Net income 1 316.7 442.1 863.3 1,271 1,683
Net margin - 8% 10.54% 11.53% 12.09%
EPS 2 22.55 22.60 42.47 62.00 81.83
Free Cash Flow 1 - -1,530 -373.8 -409.2 402
FCF margin - -27.7% -4.56% -3.71% 2.89%
FCF Conversion (EBITDA) - - - - 15.28%
FCF Conversion (Net income) - - - - 23.89%
Dividend per Share 2 - 0.5000 1.000 1.350 1.500
Announcement Date 6/29/22 5/24/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,361 1,763 1,796 1,905 2,082 2,156
EBITDA 1 175.3 215.8 275.8 306.3 363.8 387.2
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 - - 234.3 256 309 312
Net income 1 - - 174.1 194.7 222.5 224.8
Net margin - - 9.69% 10.22% 10.69% 10.42%
EPS - - - - - 10.50
Dividend per Share - - - - - -
Announcement Date 1/31/23 5/24/23 8/3/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2022 2023 2024 2025 2026
Net Debt - - - 1,300 -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - 0.6397 x -
Free Cash Flow 1 - -1,530 -374 -409 402
ROE (net income / shareholders' equity) - 19.6% 23.3% 25.5% 25.5%
ROA (Net income/ Total Assets) - - - - -
Assets 1 - - - - -
Book Value Per Share 2 - 159.0 216.0 280.0 362.0
Cash Flow per Share - - - - -
Capex 1 - 1,619 815 925 1,042
Capex / Sales - 29.3% 9.94% 8.39% 7.48%
Announcement Date 6/29/22 5/24/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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Investor Rating
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Quarterly revenue - Rate of surprise

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