Stock Analysis
- India
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- Metals and Mining
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- NSEI:VENUSPIPES
Venus Pipes and Tubes Full Year 2024 Earnings: EPS: ₹42.36 (vs ₹22.60 in FY 2023)
Venus Pipes and Tubes (NSE:VENUSPIPES) Full Year 2024 Results
Key Financial Results
- Revenue: ₹8.05b (up 46% from FY 2023).
- Net income: ₹859.8m (up 95% from FY 2023).
- Profit margin: 11% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: ₹42.36 (up from ₹22.60 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Venus Pipes and Tubes Earnings Insights
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in India.
Performance of the Indian Metals and Mining industry.
The company's shares are down 1.2% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Venus Pipes and Tubes, and understanding this should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether Venus Pipes and Tubes is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:VENUSPIPES
Venus Pipes and Tubes
Manufactures and sells stainless-steel pipes and tubes in India and internationally.