Vibhor Steel Tubes
- Market cap
- ₹ 173 Cr.
- P/E
- 21.3x
- P/B
- 0.91x
- 52-week range
- 91 – 147.9
- ROE
- 5%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 0.98
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Vibhor Steel Tubes Ltd is an India-based company, which is a manufacturer of steel tubes and pipes. The Company is engaged in the business of manufacturing of electric resistance welded (ERW) pipes and tubes, galvanized pipes and tubes and crash barriers. Its products include ERW Black Pipes, Hot Dipped Galvanized Pipes, Hollow Sections Tubes, Primer Painted and Crash Barrier. It provides a range of options for ERW black pipes, such as wall thickness, diameters and finishes depending on the requirements of the end-users. The Company deals with mild steel tubes and pipes, ranging from galvanized pipes to welded black tubes/pipes which find application in the domestic, agriculture and the industrial sector. It provides customers with an option to primer paint the pipes for protection during storage and handling. ERW Pipes are also manufactured in Hollow sections shapes, such as square and rectangular. Crash Barrier are manufactured through GI mild steel.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Vibhor Steel Tubes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.3 against a typical 18.6: pricier than most peers (1st = cheapest).80th of 146
- Sales growth+27.2% against a typical +13.1% from a year earlier.37th of 117
- Profit growth−38.5% against a typical +26.2% from a year earlier.88th of 105
- Share price, 3 months−13.5% against a typical −3.1%.98th of 135
- Size₹ 173 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).67th of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB+ by CRISIL- CARE lowered its rating on 10 Sep 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | — | 15 Oct 2026 |
| CRISIL | Crisil BBB+ | Stable | 17 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 15 Oct 2026 | Withdrawn | — | — | CARE | — | |
| 10 Sep 2026 | ▼ Downgrade2 notches | CARE BBB → CARE BB+ | — | CARE | ₹ 271.8 Cr. | |
| 17 Apr 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 320 Cr. | |
| 31 Mar 2026 | New rating | Crisil BBB+ | — | CRISIL | ₹ 100 Cr. | |
| 11 Mar 2026 | Reaffirmed | CARE BBB | — | CARE | ₹ 271.8 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 6 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 20 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 13 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters. |
| 28 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 280 | 251 | 291 | 225 | 236 | 247 | 288 | 231 | 282 | 302 | 335 | 294 |
| Expenses | 266 | 238 | 278 | 216 | 229 | 238 | 277 | 221 | 273 | 293 | 320 | 282 |
| Operating Profit | 14 | 13 | 13 | 9 | 7 | 10 | 11 | 10 | 9 | 9 | 15 | 12 |
| OPM % | 5% | 5.1% | 4.5% | 4% | 2.9% | 3.9% | 3.9% | 4.4% | 3.2% | 3% | 4.6% | 4.1% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | −1 | 0 |
| Interest | 6 | 5 | 5 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Depreciation | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 2 | 4 | 5 | 6 | 6 |
| Profit before tax | 7 | 6 | 7 | 4 | 2 | 5 | 7 | 4 | 2 | 2 | 4 | 3 |
| Tax % | 24.5% | 30.5% | 25.4% | 26.3% | 45.3% | 24% | 33.3% | 24.9% | 24.5% | 23.5% | 38% | 26.3% |
| Net Profit | 5 | 4 | 5 | 3 | 1 | 3 | 4 | 3 | 1 | 2 | 3 | 2 |
| EPS in Rs | 3.65 | 3.04 | 2.58 | 1.59 | 0.47 | 1.81 | 2.34 | 1.66 | 0.75 | 0.88 | 1.36 | 1.02 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 1%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 28%
- 3 Years
- −23%
- TTM
- −29%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Vibhor Steel Tubes | ₹ 95.10 | ₹ 173 Cr. | 21.3x | 0.9x | 5% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Vijay Kumar Kaushik
- Executive Chairman of the Board, Founder
- Anil Kumar Jain
- Chief Financial Officer
- Pallavi Aggarwal
- Company Secretary and Compliance Officer
- Vibhor Kaushik
- Managing Director, Executive Director
- Vijay Laxmi Kaushik
- Whole-Time Director
- Pankaj Kumar Rai
- Executive Director
- Pratima Sandhir
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.