| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 294 | 231 | +27.2% |
| EBITDA | 12.1 | 10.2 | +18.7% |
| EBITDA margin | 4.1% | 4.4% | −0.3 pts |
| Profit before tax | 2.6 | 4.2 | −37.4% |
| Net profit | 1.9 | 3.1 | −38.6% |
| EPS | ₹1.02 | ₹1.66 | −38.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 |
|---|
| 179 | — | — | — | |
| 4.4 | 4.4 | 2.9 | 9.6 | |
| 192 | 192 | 171 | 142 | |
| 367 | — | — | — | |
| 1,212 | 1,149 | 996 | 1,073 | |
| — | +15.4% | −7.1% | — | |
| 45.4 | 43.5 | 36.6 | 48.8 | |
| 3.7% | 3.8% | 3.7% | 4.6% | |
| 25.2 | 26.7 | 26.2 | 40.5 | |
| 7.6 | 8.8 | 11.8 | 17.7 | |
| 0.6% | 0.8% | 1.2% | 1.7% | |
| ₹4.00 | ₹4.64 | ₹6.21 | ₹9.34 | |
| — | −25.3% | −33.6% | — | |
| — | 54.1 | 35.9 | 5.9 | |
| — | −64.3 | −67.3 | −34.3 | |
| −10.2 | −10.2 | −31.4 | −28.4 | |
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|
| Market Capitalization | — | — | — | 179.2 | |
| - Cash, Equiv & ST Investments | 9.6 | 2.9 | 4.4 | 4.4 | |
| + Total Debt | 141.5 | 170.6 | 192.5 | 192.5 | |
| Enterprise Value | — | — | — | 367.3 | |
| Revenue | 1,072.7 | 996.4 | 1,149.4 | 1,212.1 | |
| Growth %, YoY | — | -7.1 | +15.4 | — | |
| EBITDA | 48.8 | 36.6 | 43.5 | 45.4 | |
| Margin % | 4.55 | 3.67 | 3.78 | 3.75 | |
| EBIT | 40.5 | 26.2 | 26.7 | 25.2 | |
| Net Income | 17.7 | 11.8 | 8.8 | 7.6 | |
| Margin % | 1.65 | 1.18 | 0.77 | 0.63 | |
| EPS, Adj (current shares) | 9.34 | 6.21 | 4.64 | 4.00 | |
| Growth %, YoY | — | -33.6 | -25.3 | — | |
| Cash from Operations | 5.9 | 35.9 | 54.1 | — | |
| Capital Expenditures | -34.3 | -67.3 | -64.3 | — | |
| Free Cash Flow | -28.4 | -31.4 | -10.2 | -10.2 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Vibhor Steel Tubes (NSE: VSTL) had a market capitalisation of ₹183 crore at the 30 October 2026 close (₹96.44 a share), a PE ratio of 24.1 on the last four quarters' profit and a price-to-book ratio of 0.93. In FY26 its consolidated net profit was ₹8.8 crore on revenue of ₹1,149 crore; in Q1 FY27 (April–June 2026) it was ₹1.9 crore, down 38.6% year on year. Its debt-to-equity ratio was 0.98 on 31 March 2026. Promoters held 74.96% of the shares on 30 September 2026.
Vibhor Steel Tubes' PE ratio is 24.1 at the 30 October 2026 close (₹96.44 a share): a market capitalisation of ₹183 crore divided by consolidated net profit of ₹7.6 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹8.8 crore) it is 20.8.
Vibhor Steel Tubes' debt-to-equity ratio was 0.98 on 31 March 2026: borrowings of ₹192 crore against total equity of ₹197 crore. A year earlier, on 31 March 2025, it was 0.91.
Vibhor Steel Tubes' net worth — shareholders' equity in its consolidated balance sheet — was ₹197 crore on 31 March 2026, up 4.7% from ₹188 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹183 crore at the 30 October 2026 close.
Vibhor Steel Tubes' price-to-book (PB) ratio is 0.93 at the 30 October 2026 close: a market capitalisation of ₹183 crore divided by shareholders' equity (book value) of ₹197 crore on 31 March 2026. That is a book value of ₹103.89 per share against a share price of ₹96.44.
Vibhor Steel Tubes' book value per share was ₹103.89 on 31 March 2026: shareholders' equity of ₹197 crore divided by the 1.9 crore shares in issue, up 4.7% from ₹99.21 a year earlier. The share price at the 30 October 2026 close was ₹96.44.
Promoters held 74.96% of Vibhor Steel Tubes on 30 September 2026, up 0.22 percentage points from 74.74% the previous quarter and up 1.30 percentage points from 73.66% a year earlier, according to the shareholding pattern filed with NSE.
Vibhor Steel Tubes' market capitalisation was ₹183 crore at the 30 October 2026 close: 1.9 crore shares at ₹96.44 each.
No. Vibhor Steel Tubes had borrowings of ₹192 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.98. Its cash and current investments were ₹16 crore, so its net debt was ₹176 crore.
Vibhor Steel Tubes' basic earnings per share (EPS) were ₹4.64 in FY26, against ₹6.21 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹4.00.
In FY26, Vibhor Steel Tubes' return on equity (ROE) was 4.6% and its return on capital employed (ROCE) was 11.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.4% and ROCE 12.0%.
On 30 September 2026, Vibhor Steel Tubes' shares were held by promoters 74.96%, foreign portfolio investors (FII/FPI) 0.03% and retail and other non-institutional investors 25.02%. Over the year, FII holding was down 0.03 percentage points from 0.06%.
At the 30 October 2026 closing prices, on FY26 net profit, Vibhor Steel Tubes' PE ratio is 20.8, the highest of the four: Rudra Global Infra Products 13.1, Shah Alloys 1.3 and VMS TMT 10.0, a peer average of 8.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Vibhor Steel Tubes generated ₹54.1 crore of cash from operations and spent ₹64.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹10.2 crore. In FY25 it was −₹31.4 crore.
Vibhor Steel Tubes' latest results are for Q1 FY27 (April–June 2026), filed on 6 August 2026: consolidated net profit ₹1.9 crore, down 38.6% from ₹3.1 crore in Q1 FY26; revenue from operations ₹294 crore, up 27.2% year on year.
In FY26 (April 2025–March 2026), Vibhor Steel Tubes' consolidated net profit was ₹8.8 crore, down 25.3% from ₹11.8 crore in FY25, on revenue from operations of ₹1,149 crore (up 15.4%).
Vibhor Steel Tubes has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Rudra Global Infra Products, Shah Alloys and VMS TMT: Vibhor Steel Tubes' operating margin of 2.3% is the third highest of the four (Rudra Global Infra Products 5.2%, Shah Alloys −4.2%, VMS TMT 6.1%; peer average 2.3%); its return on equity of 4.6% is the lowest of the four (Rudra Global Infra Products 9.8%, Shah Alloys 205.9%, VMS TMT 9.2%; peer average 74.9%).
In FY26, Vibhor Steel Tubes earned net profit of ₹8.8 crore on revenue of ₹1,149 crore, against ₹13.5 crore on ₹623 crore for Rudra Global Infra Products. Vibhor Steel Tubes' operating margin was 2.3% (Rudra Global Infra Products 5.2%) and its return on equity 4.6% (Rudra Global Infra Products 9.8%). At the 30 October 2026 close, Vibhor Steel Tubes' market capitalisation was ₹183 crore against ₹177 crore for Rudra Global Infra Products, and its PE ratio on FY26 profit 20.8 against 13.1.
From Vibhor Steel Tubes' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.