Venus Pipes and Tubes Past Earnings Performance
Past criteria checks 5/6
Venus Pipes and Tubes has been growing earnings at an average annual rate of 37.1%, while the Metals and Mining industry saw earnings growing at 27% annually. Revenues have been growing at an average rate of 28.1% per year. Venus Pipes and Tubes's return on equity is 21.2%, and it has net margins of 10.7%.
Key information
37.1%
Earnings growth rate
31.4%
EPS growth rate
| Metals and Mining Industry Growth | 25.9% |
| Revenue growth rate | 28.1% |
| Return on equity | 21.2% |
| Net Margin | 10.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Venus Pipes and Tubes makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 8,054 | 860 | 224 | 0 |
| 31 Dec 23 | 7,545 | 744 | 207 | 0 |
| 30 Sep 23 | 6,835 | 624 | 169 | 0 |
| 30 Jun 23 | 6,184 | 525 | 119 | 0 |
| 31 Mar 23 | 5,526 | 442 | 119 | 0 |
| 31 Dec 22 | 4,864 | 389 | 90 | 0 |
| 30 Sep 22 | 4,566 | 355 | 83 | 0 |
| 30 Jun 22 | 4,196 | 340 | 74 | 0 |
| 31 Mar 22 | 3,871 | 317 | 63 | 0 |
| 31 Mar 21 | 3,095 | 236 | 33 | 0 |
| 31 Mar 20 | 1,779 | 41 | 27 | 0 |
| 31 Mar 19 | 1,188 | 38 | 26 | 0 |
Quality Earnings: VENUSPIPES has a high level of non-cash earnings.
Growing Profit Margin: VENUSPIPES's current net profit margins (10.7%) are higher than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VENUSPIPES's earnings have grown significantly by 37.1% per year over the past 5 years.
Accelerating Growth: VENUSPIPES's earnings growth over the past year (94.5%) exceeds its 5-year average (37.1% per year).
Earnings vs Industry: VENUSPIPES earnings growth over the past year (94.5%) exceeded the Metals and Mining industry 23.2%.
Return on Equity
High ROE: VENUSPIPES's Return on Equity (21.2%) is considered high.