5435282026-01-012026-03-315435282026-03-315435282025-03-315435282025-04-012026-03-315435282026-01-012026-03-31in-capmkt:OtherExpenses1Member5435282025-04-012026-03-31in-capmkt:OtherExpenses1Member5435282026-03-31OtherNoncurrentFinancialAssetsDomain15435282026-03-31OtherNoncurrentAssetsDomain15435282026-03-31OtherCurrentFinancialAssetsDomain15435282026-03-31OtherCurrentAssetsDomain15435282026-03-31OtherNoncurrentFinancialLiabilitiesDomain15435282026-03-31OtherCurrentFinancialLiabilitiesDomain15435282026-03-31OtherCurrentFinancialLiabilitiesDomain25435282026-03-31OtherCurrentLiabilitiesDomain15435282026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15435282025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15435282026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15435282025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15435282026-01-012026-03-31RelatedPartyTransactionDomain15435282025-12-31RelatedPartyTransactionDomain15435282026-03-31RelatedPartyTransactionDomain15435282026-01-012026-03-31RelatedPartyTransactionDomain25435282025-12-31RelatedPartyTransactionDomain25435282026-03-31RelatedPartyTransactionDomain25435282026-01-012026-03-31RelatedPartyTransactionDomain35435282025-12-31RelatedPartyTransactionDomain35435282026-03-31RelatedPartyTransactionDomain35435282026-01-012026-03-31RelatedPartyTransactionDomain45435282025-12-31RelatedPartyTransactionDomain45435282026-03-31RelatedPartyTransactionDomain45435282026-01-012026-03-31RelatedPartyTransactionDomain55435282025-12-31RelatedPartyTransactionDomain55435282026-03-31RelatedPartyTransactionDomain55435282026-01-012026-03-31RelatedPartyTransactionDomain65435282025-12-31RelatedPartyTransactionDomain65435282026-03-31RelatedPartyTransactionDomain65435282026-01-012026-03-31RelatedPartyTransactionDomain75435282025-12-31RelatedPartyTransactionDomain75435282026-03-31RelatedPartyTransactionDomain75435282026-01-012026-03-31RelatedPartyTransactionDomain85435282025-12-31RelatedPartyTransactionDomain85435282026-03-31RelatedPartyTransactionDomain85435282026-01-012026-03-31RelatedPartyTransactionDomain95435282025-12-31RelatedPartyTransactionDomain95435282026-03-31RelatedPartyTransactionDomain95435282026-01-012026-03-31RelatedPartyTransactionDomain105435282025-12-31RelatedPartyTransactionDomain105435282026-03-31RelatedPartyTransactionDomain105435282026-01-012026-03-31RelatedPartyTransactionDomain115435282025-12-31RelatedPartyTransactionDomain115435282026-03-31RelatedPartyTransactionDomain115435282026-01-012026-03-31AuditorDomain15435282026-03-31Statement15435282026-01-012026-03-31Statement15435282026-03-31StatementDynamic1I1Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares543528VENUSPIPESNOTLISTEDINE0JA001018VENUS PIPES & TUBES LIMITEDMain BoardEquity2025-04-012026-03-312026-05-262026-05-18INRMillionsQuarterlyFourth quarterSingle segmentManufacturing2026-05-2613:00:002026-05-2614:25:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-05www.venuspipes.comtrue1falseNot Applicable2026-01-012026-03-31AuditedStandalone302195000021430000304338000019601100000-11440000134930000104850000629100004442900002695650000347730000187000034960000081350000132900009464000002549600000000254960000-2800002546800002071600001012.3812.360012.3812.36000 <BR> Notes to Statement of Audited Financial Results for the quarter and year ended March 31, 2026 <BR> <BR> 1. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, this Statement of Audited Financial Results for the quarter and year ended March 31, 2026 (“Audited Financial Results") of the Company has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 26, 2026 and have been subjected to an Audit by the Statutory Auditors of the Company. The Statutory Auditors have expressed an unmodified audit opinion on these results. <BR> <BR> 2. The figure for the quarter ended March 31, 2026 and March 31, 2025 are balancing figures between the figures for the audited financial year and year to date unaudited figures up to the third quarter of the respective financial year. The figures up to the third quarter of the current financial year has been reviewed by the auditors. <BR> <BR> 3. 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. <BR> <BR> 4. The Company had allotted 4,20,000 Convertible Warrants at an issue price of Rs. 1,700/- per warrant on preferential basis on April 10, 2024, each convertible into one Equity Share of face value of Rs. 10/- each within a period of 18 months from the date of allotment. <BR> <BR> During the previous quarter ended December 31, 2025, all the remaining Convertible Warrants were converted into Equity Shares. Consequently, no Convertible Warrants remain outstanding as on March 31, 2026. <BR> <BR> 5. The Government of India, vide notification dated November 21, 2025, has notified four Labour Codes, thereby consolidating 29 existing labour laws into a unified framework. The Labour Codes, inter alia, introduce changes including a uniform definition of wages and modifications to employee benefits such as leave and gratuity. <BR> <BR> Accordingly, during the quarter and nine months ended December 31, 2025, the Company had recognised an estimated incremental liability of Rs. 6.45 millions towards gratuity and compensated absences as an exceptional item based on best estimates and available information relating to changes in the wage definition under the New Labour Codes. Subsequently, based on refinement of assumptions in accordance with the New Labour Codes and applicable rules and actuarial valuation, the liability has been revised to Rs. 4.58 millions for the year ended March 31, 2026, and the excess provision of Rs. 1.87 millions has been reversed in the financial results for the quarter ended March 31, 2026. <BR> <BR> The Company continues to monitor the finalisation of Central and State Rules and clarifications issued by the Government on various aspects of the New Labour Codes. Any further financial impact arising from such developments will be evaluated and accounted for in the period in which such developments are notified, as considered necessary. <BR> <BR> <BR> 6. 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. <BR> <BR> 7. The previous period numbers have been regrouped/re-cast & rearranged wherever necessary to confirm the current period presentation. <BR> <BR> 8. The Board of directors of the company at their meeting held on May 26, 2026 has recommended the final dividend of Rs 0.5 per equity share, i.e., 5% on face value of Rs 10/- per equity share respectively for FY 2025-26 subject to approval of shareholders in the ensuing Annual General Meeting. With this, the total dividend declared for FY 2025-26 stands at Rs 1 per equity share of Rs 10/- each. <BR> <BR> 9. The Company is not a Large Corporate as per the applicability criteria given under the Chapter XII of SEBI Operational circular no. SEBI/HO/DDHS/P/CIR/ 2021/613 dated August 10, 2021 read with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. <BR> <BR> 10. The above Audited 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. <BR> <BR> For and on behalf of the Board of Directors of Venus Pipes & Tubes Limited <BR> <BR> <BR> Mr. Arun Kothari <BR> Chairman & Managing Director <BR> (DIN: 00926613) <BR> Dhaneti, Bhuj <BR> May 26, 2026 <BR> 2025-04-012026-03-31AuditedStandalone116684800001163200001178480000077835900000-783000005042700004084100002358200001553130000104069200001377880000-458000013733000002979700005571000035368000001019620000000010196200007670000102729000020716000010647763000049.5149.430049.5149.43000OTHER EXPENSES444290000OTHER EXPENSES1553130000396128000012367400000028280000000000488200004882000003312700005606390000386891000081300002598580000618200002275300000811000002977160000054308000073891500001299554000020716000064776300006684790000668479000090574000000014590000920330000181300001815400000112000000019495400001022700002871000000297327000063200000498601000046310000280000015563000005190750000631075000012995540000Attached in finacial results.Other non-current financial assets48820000Other non-current assets331270000Other current financial assets81100000Other current assets543080000Lease Liability14590000Lease Liability1100000Other current financial liabilities62100000Other current liabilities46310000346320000-441110000-6808600000446500000426000083000005653600000-2110000620000235820000087400000001524000000000-115000000096610000146991000000-144300003313200000112416000000265700000000001886630000000000000000000000108400000-179000000-20282200000003633800000000939860000002064000034607000000936530000324700000324700002935000061820000Remeasurements of the defined benefit plans24900002490000Remeasurements of the defined benefit plans520000520000630000130000Foreign exchange fluctuation in respect of cash flow hedge-2860000-2860000Foreign exchange fluctuation in respect of cash flow hedge97300009730000-7200002450000-2800007670000Venus Pipes & Tubes Limited******Jayantiram Choudhary******Promoter and Wholetime directorRemuneration3900000Approved3900000450000450000Venus Pipes & Tubes Limited******Arun Kothari******Promoter Chairman and Managing DirectorRemuneration4200000Approved4200000480000480000Venus Pipes & Tubes Limited******Megharam Choudhary******Promoter and Wholetime directorRemuneration3900000Approved3900000450000450000Venus Pipes & Tubes Limited******Dhruv Patel******Promoter and Wholetime directorRemuneration3900000Approved3900000450000450000Venus Pipes & Tubes Limited******Kailash Nath Bhandari******Independent directorAny other transactionSitting Fees90000Approved900005000060000Venus Pipes & Tubes Limited******Pranay Ashok Surana******Independent directorAny other transactionSitting Fees120000Approved1200007000070000Venus Pipes & Tubes Limited******Komal Lokesh Khadaria******Independent directorAny other transactionSitting Fees150000Approved1500007000090000Venus Pipes & Tubes Limited******Shyam Agrawal******Independent directorAny other transactionSitting Fees30000Approved30000020000Venus Pipes & Tubes Limited******Pavan Kumar Jain******Company Secretary and Compliance officerRemuneration450000Approved4500007000070000Venus Pipes & Tubes Limited******Kunal Bubna******Chief Financial OfficerRemuneration4200000Approved4200000470000460000Venus Pipes & Tubes Limited******Akshat Kothari******Employee and Relative of PromoterRemuneration1200000Approved120000018000018000022140000AuditedtrueMaheshwari & Co.true2029-02-28Preferential Issues2024-04-107140000000000002026-03-31falsefalsefalseNoneNoneArun Axaykumar KothariManaging DirectorDhaneti, Bhuj2026-05-26Capital Expenditure: Capital Expenditure for expansion into Fittings business and capacity expansion of Seamless/Welded Pipes and TubesNot Applicable714000000071400000001- No Deviations or Variations <br></br> <br></br> 2- 25% amount received as upfront money for subscription of Convertible Warrants