Table of Contents

Introduction

Today, we delve into the projected share price targets for Venus Pipes over the coming years, specifically focusing on 2024, 2025, 2027, and 2030. Drawing on extensive research and expert insights, this article aims to provide a comprehensive analysis of the company’s growth trajectory, market value, and investment potential.

What does Venus Pipes Company do?

Venus Pipes and Tubes is a leading manufacturing company specializing in stainless steel pipes and tubes. Established on February 17, 2015, the company has built a solid reputation for providing high-demand products. Situated in Gandhidham, Venus Pipes caters to both domestic and international markets.

Details About Venus Pipes Company

Venus Pipes and Tubes Limited operates from Dhaneti, Gujarat. The company manufactures a range of products, including:

• Stainless Steel High Precision and Heat Exchanger Tubes
• Stainless Steel Hydraulic and Instrumentation Tubes
• Stainless Steel Seamless Pipes
• Stainless Steel Welded Pipes

With a vision to become the preferred choice in the stainless steel and tube manufacturing sector, Venus Pipes is committed to quality and customer satisfaction, ensuring a consistent supply of high-quality products.

Some Details About Venus Pipes And Tubes Limited

Annual Performance Of Venus Pipes

PE Ratio (Price To Earning Ratio)

The PE Ratio is calculated by dividing the market price per share by the earning price per share. Venus Pipes and Tubes Ltd has a PE ratio of 51.93, indicating a high valuation.

Return on Assets (ROA)

ROA is calculated by dividing profit after tax by total assets. Venus Pipes and Tubes Ltd has an ROA of 11.59%, reflecting efficient asset utilization.

Current Ratio

The current ratio is the ratio of current assets to current liabilities. Venus Pipes and Tubes Ltd has a current ratio of 1.99, indicating a strong liquidity position.

Return On Equity (ROE)

ROE is calculated by dividing net profit by average shareholder equity. Venus Pipes and Tubes Ltd has an ROE of 19.63%, showcasing strong profitability.

Venus Pipes Share Price Target 2024, 2025, 2027, 2030

Venus Pipes Share Price Target 2024

Venus Pipes has been expanding its production of welded pipes and larger diameter tubes, boosting sales. Foreign investment in the company is a positive indicator. The projected share price targets for 2024 are:

Venus Pipes Share Price Target 2025

The company aims to reduce environmental impact through an acid regeneration plant and adheres to government protocols. The projected share price targets for 2025 are:

Venus Pipes Share Price Target 2027

Venus Pipes exports its products to 20 countries, significantly contributing to its revenue. The projected share price targets for 2027 are:

Venus Pipes Share Price Target 2030

With a solid market position and strong promoter holding, Venus Pipes is well-positioned for future growth. The projected share price targets for 2030 are:

Investors types and the ratio of Venus Pipes Share

Promoters Holding

Promoters holding refers to the percentage of shares held by the company’s promoters. For Venus Pipes, the promoter holding capacity is 48.89%.

Public Holding

Public holding includes shares held by individual investors in the public market. Venus Pipes has a public holding capacity of 38.20%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are large companies that invest in different countries. For Venus Pipes, FII is 5.02%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors include insurance companies and mutual funds investing within their own country. For Venus Pipes, DII is 7.89%.

Advantages and Disadvantages Of Venus Pipes Company

Advantages

• Revenue Growth: The company’s revenue growth over the last three years is 50.23%, indicating robust expansion.
• Profit Growth: The profit growth rate is 121.25%, placing Venus Pipes among the top steel companies in India.
• Low Debt: The company’s low debt level signifies strong financial health.
• Strong Cash Flow: High cash flow ratio indicates a solid financial background.

Disadvantages

• Management Decisions: Inefficient asset usage due to occasional poor management decisions can impact ROA negatively.
• Market Competition: The stainless steel manufacturing market is highly competitive, posing growth challenges.

Also Read: ICICI Bank Share Price Target 2025, 2026, 2030 & 2040

FAQ

Conclusion

In conclusion, Venus Pipes and Tubes Ltd presents a compelling investment opportunity, supported by its robust financial performance, strategic growth plans, and expanding market presence. While there are inherent risks in the financial markets, the company’s strong fundamentals and future growth prospects make it an attractive option for long-term investors.

Disclaimer: This blog is for educational purposes only and does not constitute financial advice. Please consult a certified financial advisor before making any investment decisions.