Venus Pipes and Tubes Limited

NSEI:VENUSPIPES Stock Report

Market Cap: ₹25.8b

Venus Pipes and Tubes Valuation

Is VENUSPIPES undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VENUSPIPES when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹3.94k
Fair Value
67.9% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: VENUSPIPES (₹1264.65) is trading below our estimate of fair value (₹3944.36)

Significantly Below Fair Value: VENUSPIPES is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for VENUSPIPES?

Key metric: As VENUSPIPES is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VENUSPIPES. This is calculated by dividing VENUSPIPES's market cap by their current earnings.
What is VENUSPIPES's PE Ratio?
PE Ratio25.9x
Earnings₹995.25m
Market Cap₹25.76b

Price to Earnings Ratio vs Peers

How does VENUSPIPES's PE Ratio compare to its peers?

The above table shows the PE ratio for VENUSPIPES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.4x
HITECH Hi-Tech Pipes
41.2x47.7%₹25.4b
500365 Welspun Specialty Solutions
66.2xn/a₹21.2b
530655 Goodluck India
18.6xn/a₹28.0b
590078 Maithan Alloys
3.4xn/a₹28.1b
VENUSPIPES Venus Pipes and Tubes
25.9x29.4%₹25.8b

Price-To-Earnings vs Peers: VENUSPIPES is good value based on its Price-To-Earnings Ratio (25.9x) compared to the peer average (32.4x).


Price to Earnings Ratio vs Industry

How does VENUSPIPES's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.4xn/aUS$324.04m
526608 Electrotherm (India)
2.6xn/aUS$112.23m
PRAKASHSTL Prakash Steelage
3.7xn/aUS$15.35m
522165 Indsil Hydro Power and Manganese
1.2xn/aUS$13.58m
VENUSPIPES 25.9xIndustry Avg. 22.6xNo. of Companies28PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VENUSPIPES is expensive based on its Price-To-Earnings Ratio (25.9x) compared to the Indian Metals and Mining industry average (22.6x).


Price to Earnings Ratio vs Fair Ratio

What is VENUSPIPES's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VENUSPIPES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.9x
Fair PE Ratio28.1x

Price-To-Earnings vs Fair Ratio: VENUSPIPES is good value based on its Price-To-Earnings Ratio (25.9x) compared to the estimated Fair Price-To-Earnings Ratio (28.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VENUSPIPES forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,264.65
₹2,453.20
+94.0%
19.5%₹2,960.00₹1,720.00n/a5
Jan ’26₹1,574.80
₹2,560.80
+62.6%
13.7%₹2,960.00₹2,062.00n/a5
Dec ’25₹1,632.85
₹2,560.80
+56.8%
13.7%₹2,960.00₹2,062.00n/a5
Nov ’25₹1,929.05
₹2,637.60
+36.7%
13.5%₹3,160.00₹2,160.00n/a5
Oct ’25₹2,143.95
₹2,637.60
+23.0%
13.5%₹3,160.00₹2,160.00n/a5
Sep ’25₹2,429.90
₹2,529.60
+4.1%
9.7%₹2,808.00₹2,160.00n/a5
Aug ’25₹2,153.30
₹2,529.60
+17.5%
9.7%₹2,808.00₹2,160.00n/a5
Jul ’25₹2,096.00
₹2,283.83
+9.0%
13.4%₹2,700.00₹1,700.00n/a6
Jun ’25₹2,125.95
₹2,273.67
+6.9%
13.7%₹2,700.00₹1,700.00n/a6
May ’25₹2,082.60
₹2,136.17
+2.6%
16.1%₹2,648.00₹1,689.00n/a6
Apr ’25₹1,844.25
₹2,052.40
+11.3%
14.9%₹2,450.00₹1,689.00n/a5
Mar ’25₹1,904.10
₹2,052.40
+7.8%
14.9%₹2,450.00₹1,689.00n/a5
Feb ’25₹1,454.20
₹1,772.00
+21.9%
4.1%₹1,870.00₹1,689.00n/a5
Jan ’25₹1,423.35
₹1,761.40
+23.8%
3.3%₹1,844.00₹1,695.00₹1,574.805
Dec ’24₹1,309.15
₹1,741.67
+33.0%
4.2%₹1,844.00₹1,686.00₹1,632.853
Nov ’24₹1,362.85
₹1,741.67
+27.8%
4.2%₹1,844.00₹1,686.00₹1,929.053
Oct ’24₹1,310.05
₹1,683.00
+28.5%
6.2%₹1,809.00₹1,554.00₹2,143.953
Sep ’24₹1,535.25
₹1,659.33
+8.1%
6.6%₹1,809.00₹1,554.00₹2,429.903
Aug ’24₹1,247.15
₹1,231.33
-1.3%
2.0%₹1,258.00₹1,198.00₹2,153.303
Jul ’24₹1,147.25
₹1,231.33
+7.3%
2.0%₹1,258.00₹1,198.00₹2,096.003
Jun ’24₹1,095.10
₹1,231.33
+12.4%
2.0%₹1,258.00₹1,198.00₹2,125.953
May ’24₹877.25
₹1,001.67
+14.2%
4.1%₹1,037.00₹944.00₹2,082.603
Apr ’24₹746.00
₹1,001.67
+34.3%
4.1%₹1,037.00₹944.00₹1,844.253
Mar ’24₹720.05
₹984.00
+36.7%
4.1%₹1,024.00₹944.00₹1,904.102
Feb ’24₹730.10
₹922.50
+26.4%
1.9%₹940.00₹905.00₹1,454.202
Jan ’24₹714.80
₹922.50
+29.1%
1.9%₹940.00₹905.00₹1,423.352
Analyst Price Target
Consensus Narrative from 5 Analysts
₹2.45k
Fair Value
48.4% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 18:43
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Venus Pipes and Tubes Limited is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Shobit SinghalAnand Rathi Shares and Stock Brokers Limited