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Vibhor Steel Tubes

VSTL NSE
₹98.70 +0.94 (+0.96%)
P/E
24.61
View as Markdown
MCP
Close 4 Nov 2026 ₹98.70 −43.66 −30.7% 1Y
Start ₹142.36

Key Fundamentals

MicrocapIndustrial ProductsCapital Goods

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
7.92%
Debt to Equity
0.98
EPS (TTM)
₹4.01
Book Value
₹103.89
Market Cap
—
P/E (TTM)
24.61
P/B
0.95
ROE
5.05%
Dividend Yield
0.00%
EBITDA
₹46.40 Cr
52W High
₹146.90
52W Low
₹91.00
Day Range
₹95.76 – ₹100.00
Volume
9,510

Peer Comparison

Industrials › Industrial Products › Iron & Steel Products

Vibhor Steel Tubes peer comparison
₹2,400.0027.41₹60,980 Cr5.960.22%19.40%22.90%₹17,300 Cr₹2,319 Cr
₹2,199.8049.69₹60,246 Cr10.640.39%25.40%31.80%₹23,065 Cr₹1,229 Cr
₹1,231.4030.60₹34,478 Cr2.780.15%9.70%13.00%₹19,584 Cr₹1,121 Cr
₹2,449.4039.67₹17,025 Cr4.180.42%12.60%17.90%₹4,314 Cr₹514 Cr
₹253.2229.51₹15,754 Cr1.280.81%8.20%10.40%₹18,501 Cr₹498 Cr
₹486.0029.21₹14,245 Cr4.490.81%15.10%19.50%₹3,837 Cr₹508 Cr
₹529.1529.28₹12,939 Cr3.660.38%15.60%18.20%₹4,437 Cr₹436 Cr
Vibhor Steel Tubes (this company)
₹98.7024.61₹183 Cr0.950.00%5.05%7.92%₹1,212 Cr₹8 Cr
Median 8 companies₹880.2829.40₹16,390 Cr3.920.39%13.85%18.05%₹10,869 Cr₹511 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

49 Average

Data confidence 100/100

Category scores

Quality
68
Strong
Returns, margins, earnings quality 22% weight
Valuation
39
Weak
Cheap vs sector & own history 24% weight
Growth
69
Strong
Sales & profit trajectory 9% weight
Financial Health
27
Poor
Solvency, leverage, coverage 9% weight
Momentum
29
Poor
Trend strength, vol-adjusted 12% weight
Ownership
49
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Stock is trading at 0.97 times its book value
  • Company's working capital requirements have reduced from 20.2 days to 10.1 days

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 7.56% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish955
OscillatorsBullish153
Moving AveragesStrong Bearish802

Key readings

RSI (14)
41.54
Neutral
MACD (12,26,9)
−3.14
Bullish
SMA (50)
108.02
Bearish
SMA (200)
114.33
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+17.59%
3Y+1.07%
1Y+15.36%
TTM+20.89%

Net profit

Net profit growth by window
5Y+24.57%
3Y−24.61%
1Y−25.00%
TTM−36.30%

Operating cash flow

Operating cash flow growth by window
5Y+6.75%
3Y+105.78%
1Y+69.44%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y−0.17 pp
3Y−0.39 pp
1Y+0.13 pp
TTM−0.03 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2019₹600 Cr
Mar 2020₹557 Cr
Mar 2021₹511 Cr
Mar 2022₹818 Cr
Mar 2023₹1,113 Cr
Mar 2024₹1,073 Cr
Mar 2025₹996 Cr
Mar 2026₹1,149 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2019₹6.00 Cr
Mar 2020₹5.00 Cr
Mar 2021₹3.00 Cr
Mar 2022₹11.00 Cr
Mar 2023₹21.00 Cr
Mar 2024₹18.00 Cr
Mar 2025₹12.00 Cr
Mar 2026₹9.00 Cr

Quarterly Results

₹ Cr
VSTL quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
250
280
251
291
225
236
247
288
231
282
302
335
294
Expenses
242
266
238
278
216
229
238
277
221
273
293
320
282
Operating Profit
8.83
14.13
12.75
13.09
8.99
6.88
9.63
11.11
10.16
9.04
8.9
15.38
12.07
OPM %
3.53%
5.04%
5.08%
4.5%
4%
2.91%
3.89%
3.85%
4.4%
3.21%
2.95%
4.59%
4.11%
Other Income
0.52
0.21
0.25
0.68
0.42
0.22
0.18
1.05
0.09
0.37
2.49
−1.36
0.3
Interest
3.12
5.63
4.8
4.52
3
2.84
2.56
2.81
3.68
3.77
4.46
4.02
3.93
Depreciation
1.73
1.85
2
2.71
2.3
2.65
2.75
2.71
2.4
3.76
4.76
5.84
5.82
PBT
4.5
6.86
6.2
6.54
4.11
1.61
4.5
6.64
4.17
1.88
2.17
4.16
2.62
Tax %
25.78%
24.49%
30.48%
25.38%
26.28%
45.34%
24%
33.28%
24.94%
24.47%
23.5%
37.98%
26.34%
Net Profit
3.34
5.18
4.31
4.89
3.02
0.89
3.43
4.44
3.14
1.42
1.66
2.57
1.93
EPS (₹)
2.35
3.65
3.04
2.58
1.59
0.47
1.81
2.34
1.66
0.75
0.88
1.36
1.02

Profit & Loss

₹ Cr
VSTL profit and loss, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
600
557
511
818
1,113
1,073
996
1,149
1,212
Expenses
576
528
491
788
1,068
1,024
960
1,106
1,167
Operating Profit
24
30
20
30
46
49
36
43
45
OPM %
3.9%
5%
3.9%
3.6%
4.1%
4.5%
3.7%
3.8%
3.7%
Other Income
6
1
1
0
1
2
2
2.91
2
Interest
14
16
9
9
12
18
11
16
16
Depreciation
7
7
7
6
6
8
10
17
20
PBT
9
8
5
15
28
24
17
12
11
Tax %
27%
35%
43%
26%
25%
26%
30%
29%
—
Net Profit
6
5
3
11
21
18
12
9
8
EPS (₹)
4.41
3.57
2.02
7.99
14.86
9.34
6.21
4.64
4.01
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
VSTL balance sheet, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
14
14
14
14
14
19
19
19
Reserves
41
46
48
58
79
159
169
178
Borrowings
134
104
77
127
152
142
171
193
Other Liabilities
67
43
30
50
48
64
114
49
Total Liabilities
256
207
170
249
294
383
473
439
Fixed Assets
62
57
52
50
54
69
69
163
CWIP
0
0
0
0
0
12
68
20
Investments
0
0
0
0
0
0
0
0
Other Assets
193
151
118
199
239
302
337
256
Total Assets
256
207
170
249
294
383
473
439

Cash Flow

₹ Cr
VSTL cash flow, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−9
34
44
−35
7
6
36
61
Investing
−20
11
0
−4
−16
−42
−58
−70
Financing
24
−45
−36
44
13
35
16
6
Net Cash Flow
−5
0
8
6
5
−1
−5
−3
Free Cash Flow
−26
32
43
−38
−4
−27
−21
1
CFO/OP
−28
123
233
−111
25
27
112
150

Ratios

VSTL financial ratios, annual
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
46
30
31
20
18
17
26
18
Inventory Days
59
64
41
50
43
65
78
44
Days Payable
42
28
21
21
15
21
36
10
Cash Conversion Cycle
63
66
51
49
46
61
69
52
Working Capital Days
72
22
19
7
7
26
25
10
ROCE %
—
13%
9%
14%
18%
15%
8%
8%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Vibhor Steel Tubes insights

61 extracted metrics across FY19–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 74.96%
  • Public 21.90%
  • Others 3.12%
  • FIIs 0.03%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Vibhor Steel Tubes

What does Vibhor Steel Tubes Ltd do?
Incorporated in 2003, Vibhor Steel Tubes Ltd specializes in the production, export, and distribution of steel pipes and tubes
Where is Vibhor Steel Tubes Ltd (VSTL) listed?
Vibhor Steel Tubes Ltd trades as VSTL on the NSE and under code 544124 on the BSE.
Which sector does Vibhor Steel Tubes Ltd belong to?
Vibhor Steel Tubes Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the PE ratio of Vibhor Steel Tubes Ltd?
Vibhor Steel Tubes Ltd trades at a PE ratio of 24.61 as of 4 Nov 2026, on earnings per share of ₹4.01, against a book value of ₹103.89 per share.
What is the 52-week high and low of Vibhor Steel Tubes Ltd?
Over the last 52 weeks Vibhor Steel Tubes Ltd has traded between ₹91 and ₹146.9 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Vibhor Steel Tubes Ltd?
Vibhor Steel Tubes Ltd reported a return on equity of 5.05%. Its debt-to-equity ratio is 0.98.

Company Information

Incorporated in 2003, Vibhor Steel Tubes Ltd specializes in the production, export, and distribution of steel pipes and tubes

Listed 20 Feb 2024
Face Value ₹10

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