A small company that makes steel pipes has just won a ₹185 crore order from a data centre player, and its management says it wants to double revenue by FY2030. Venus Pipes & Tubes is not a name every beginner knows, so let us start with what it does.
What Venus Pipes & Tubes does
The company makes stainless steel pipes and tubes. It sells two main types: seamless pipes, which have no weld, and welded pipes. These are used in industries such as oil and gas, chemicals, power and food processing. It sells in India and also exports, and exports were about 29–30% of revenue in the latest quarter.
Quick answer
No one can know the 2030 share price. With a starting point near ₹2,020 and growth of 5%, 12% or 20% a year, the example prices for 2030 are ₹2,460, ₹3,180 and ₹4,190. They are examples of compounding, not forecasts.
Price snapshot
| Item | Figure |
|---|---|
| Latest quote we found (shown as 13 September 2026) | ₹2,019.80 |
| 52-week range | ₹888.45 to ₹2,038.30 |
| Earlier readings | ₹1,382 (June 2026), ₹1,655 (28 August 2026) |
The price has risen sharply over a few months and sits close to its 52-week high. When a stock has already moved up this much, small bad news can hit it harder.
April–June 2026 results
| Measure | Apr–Jun 2026 | A year earlier | Change |
|---|---|---|---|
| Revenue | ₹320.5 crore | ₹276.4 crore | about +16% |
| Net profit | ₹26.41 crore | ₹24.76 crore | about +6.6% |
| EBITDA | ₹51.5 crore | — | about +14.7% |
| Profit margin (PAT) | about 8.2% | about 9.0% | lower |
| Earnings per share | ₹12.75 | ₹12.12 | about +5% |
Sales grew faster than profit, so the profit margin slipped a little. Domestic sales grew about 31% to roughly ₹227 crore, while exports were about ₹94 crore. Seamless pipe revenue grew about 15% and welded pipe revenue about 21%.
The data centre order and the 2030 plan
The company said it has a ₹185 crore letter of intent for pipe spooling from a data centre player. A letter of intent is a signal, not a final contract, so it is worth checking later whether it converts to a firm order. Management also kept its FY27 revenue growth guidance at about 20% and said it expects to double revenue by FY2030.
Scenarios for 2030
The formula is simple: future price = starting price × (1 + yearly growth) ^ number of years. The growth rates below are examples picked to show a range. They are not analyst targets.
- Cautious (5% a year): raw material costs and competition squeeze margins and the market stays careful.
- Steady (12% a year): revenue grows near management’s plan and profit keeps pace.
- Strong (20% a year): new products and orders such as pipe spooling add profit and the market pays a higher price.
| Year | Cautious (5% a year) | Steady (12% a year) | Strong (20% a year) |
|---|---|---|---|
| 2027 | ₹2,120 | ₹2,260 | ₹2,420 |
| 2028 | ₹2,230 | ₹2,530 | ₹2,910 |
| 2029 | ₹2,340 | ₹2,840 | ₹3,490 |
| 2030 | ₹2,460 | ₹3,180 | ₹4,190 |
Risks to keep in mind
- Steel prices and the cost of nickel and other raw materials can change margins quickly.
- Competition from other pipe makers, including imports.
- A small company has less cushion than a large one if a few big orders slow down.
- The stock is near its 52-week high, so expectations are high.
What ₹1,00,000 could become (example)
| Scenario | Yearly growth assumed | Value in 2030 | Gain |
|---|---|---|---|
| Cautious | 5% | ₹1,21,800 | +₹21,800 |
| Steady | 12% | ₹1,57,400 | +₹57,400 |
| Strong | 20% | ₹2,07,400 | +₹1,07,400 |
What to track every quarter
- Revenue and net profit compared with the same quarter last year.
- Operating margin (EBITDA margin) and whether it is rising or falling.
- Debt level and interest cost.
- Order book or new deals, if the company reports them.
- Promoter holding and any pledge of shares.
- Dividend and other corporate announcements on NSE and BSE.
Key terms in simple words
| Term | Meaning |
|---|---|
| EBITDA | Profit from operations before interest, tax and depreciation. |
| PAT | Profit after tax, the profit left for owners. |
| 52-week range | The lowest and highest price in the last year. |
| Compounding | Growth on growth: each year’s gain is added to the base for the next year. |
How we prepared this article
We collect numbers from company results, exchange filings where available and public news and price pages, and we note the date of each price. Where sources disagree, we say so instead of picking one quietly. Scenario tables use a simple formula and are examples, not predictions. We do not take payment to publish targets. Found a mistake? Tell us and we will correct it.
Frequently asked questions
What is the Venus Pipes share price target for 2030?
There is no reliable single figure. The example range for 2030 is ₹2,460 to ₹4,190, using 5% to 20% yearly growth from ₹2,020.
What does Venus Pipes & Tubes make?
Stainless steel seamless and welded pipes and tubes for industries such as oil and gas, chemicals, power and food processing.
Is the ₹185 crore order final?
It was described as a letter of intent. Check later company announcements to see whether it becomes a firm order.
How often is this article updated?
We review it after each quarterly result and when major company news arrives. The review date is shown at the bottom of the page.
Where can I check the live share price?
On the NSE and BSE websites or in your broker’s app. Prices on this page carry a date and may be delayed.
Are the scenarios an analyst target?
No. They are simple examples built from one formula and different growth rates. Real prices can be far above or below them.
Conclusion
Venus Pipes & Tubes is growing sales and has a clear plan, but profit is growing slower than sales and the share price has already climbed. Track margin, exports and whether the new order converts. Those facts matter more than any single 2030 number.
Related reading: Zensar share price target 2030, Tata Power share price target 2050.
Watch: a related video
Video by CNBC-TV18: In The Swotlight: All About Venus Pipes and Tubes. This is a third-party video shown for learning only. Its views belong to the speaker, not to SharePriceHub, and are not investment advice.
Sources
- Sahi: Venus Pipes Q1 results
- Company press release Q1 FY27 (NSE)
- Kalkine: What did Q1 FY27 results reveal
- Anand Rathi: Venus Pipes share price
- NSE India and BSE India
Price data as of 13 September 2026 (as shown on the source page). Results data for the quarter ended 30 June 2026 unless stated. Last reviewed 13 October 2026.
Disclaimer: This article is for education only. Share prices and forecasts can change, and past performance does not guarantee future results. It is not personal investment advice, and SharePriceHub is not a SEBI-registered adviser. Please check current information on official sources and speak to a qualified financial adviser before you invest. Read the full disclaimer.
