Integrated Filing — IndAS



General information about company

Scrip Code 543528
NSE Symbol VENUSPIPES
MSEI Symbol NOTLISTED
ISIN INE0JA001018
Name of company VENUS PIPES & TUBES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Manufacturing
Start date and time of board meeting 05-02-2026   11:00:00
End date and time of board meeting 05-02-2026   12:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 29,669.90 86,465.30
Other income 260.40 948.90
Total income 29,930.30 87,414.20
2 Expenses
(a) Cost of materials consumed 22,635.10 58,234.80
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,119.80) (668.60)
(d) Employee benefit expense 1,266.80 3,693.40
(e) Finance costs 1,046.60 3,035.60
(f) Depreciation, depletion and amortisation expense 611.40 1,729.10
(f) Other Expenses
1 OTHER EXPENSES 4,002.10 11,088.40
Total other expenses 4,002.10 11,088.40
Total expenses 26,442.20 77,112.70
3 Total profit before exceptional items and tax 3,488.10 10,301.50
4 Exceptional items (64.50) (64.50)
5 Total profit before tax 3,423.60 10,237.00
6 Tax expense
7 Current tax 670.50 2,166.20
8 Deferred tax 191.90 424.20
9 Total tax expenses 862.40 2,590.40
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,561.20 7,646.60
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 2,561.20 7,646.60
17 Other comprehensive income net of taxes (33.00) 79.50
18 Total Comprehensive Income for the period 2,528.20 7,726.10
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,071.60 2,071.60
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 12.46 37.2
Diluted earnings (loss) per share from continuing operations 12.43 37.13
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 12.46 37.2
Diluted earnings (loss) per share from continuing and discontinued operations 12.43 37.13
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Statement of Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2025 1. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, this Statement of Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2025 (“Unaudited Standalone Financial Results) of the Company has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 05, 2026 The Statutory Auditors of the Company have carried out a Limited Review for said unaudited financial results. 2. These financial results have been prepared in accordance with Indian Accounting Standard (Ind-AS) as prescribed under section 133 of Companies Act 2013 read with rule 3 of the Companies ( Indian Accounting Standards) Rules 2015 and relevant amendment thereafter. 3. The Company allotted 4,20,000 (Four Lakhs Twenty Thousand) Convertible Warrants (Warrants) into Equity Shares at an issue price of Rs. 1,700/- (Rupees Seventeen Hundred only) per Warrant, amounting to Rs. 71,40,00,000/- (Rupees Seventy-One Crores Forty Lakhs only) at the Board of Directors meeting held on April 10, 2024. This allotment, made on a preferential basis to both the promoter and non-promoter categories, grants each Warrant holder the right to apply for and be allotted one equity share of Rs. 10/- (Rupees Ten only) face value per Warrant within 18 months from the date of allotment. Out of the total Warrants allotted, 3,00,000 Equity Shares had been issued upon conversion up to the quarter ended September 30, 2025. During the quarter ended December 31, 2025, the Company received conversion applications for the remaining 1,20,000 Warrants. Accordingly, the Company allotted 1,20,000 Equity Shares of face value Rs. 10 each at an issue price of Rs. 1,700 per share (including a premium of Rs. 1,690 per share) on October 7, 2025, to one warrant holder upon exercise of conversion rights. Consequently, all 4,20,000 Warrants have been fully converted into Equity Shares, and no Convertible Warrants remain outstanding as of December 31, 2025. 4. On November 21, 2025, the Government of India notified provisions of the Code on Wages,2019, the Industrial Relations Code,2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code,2020, (‘Labour Codes') which consolidate twenty-nine existing labour laws into a unified framework governing employees benefits during employment and post-employment, The Labour Codes, amongst other things introduces changes, including a uniform definition of wages and enhanced benefits relating to leave. The Company has assessed the financial implications of these changes, which have resulted in an increase in gratuity liability arising out of past service cost and an increase in leave liability aggregating to Rs. 6.45 million. Considering the impact arising out of an enactment of the new legislation is an event of a non-recurring nature, the Company has presented this incremental amount as “Impact of Labour Codes under “Exceptional Item in the Standalone Statement of Profit and Loss for the three months and nine months ended December 31, 2025. The Company continues to monitor the developments pertaining to Labour Codes and will evaluate the impact, if any, on the measurement of the employee benefits liability. 5. As the Company operates in a single operating segment, it did not give rise to different operating segments in accordance with Ind AS 108 - Operating Segments. 6. The previous period numbers have been regrouped/re-cast & rearranged wherever necessary to confirm the current period presentation. 7. The above Unaudited Financial Results of the Company are available on Company's website www.venuspipes.com and also on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. For and on behalf of the Board of Directors of Venus Pipes & Tubes Limited Mr. Arun Kothari Chairman & Managing Director Gandhidham February 5, 2026 (DIN: 00926613)



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans (11.00) (19.70)
Total Amount of items that will not be reclassified to profit and loss (11.00) (19.70)
2 Income tax relating to items that will not be reclassified to profit or loss (2.80) (5.00)
3 Amount of items that will be reclassified to profit and loss
1 Income tax relating to items that will not be reclassified to profit or loss (33.10) 125.90
Total Amount of items that will be reclassified to profit and loss (33.10) 125.90
4 Income tax relating to items that will be reclassified to profit or loss (8.30) 31.70
5 Total Other comprehensive income (33.00) 79.50





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 10-04-2024
Amount Raised 7,14,00,00,000.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review None
Comments of the auditors, if any None
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Capital Expenditure: Capital Expenditure for expansion into Fittings business and capacity expansion of Seamless/Welded Pipes and Tubes Not Applicable 7,140.00 0.00 6,600.00 0.00


Signatory Details

Name of signatory Arun Axaykumar Kothari
Designation of person Managing Director
Place Dhaneti, Bhuj
Date 04-02-2026