Vibhor Steel Eyes Strong FY26 on High-Margin Product Focus

29 May 2025 CW Team

Vibhor Steel Tubes Limited reported a standalone net profit of Rs 44.4 million in Q4 FY25, compared to Rs 48.9 million in Q4 FY24. Sequentially, profit rose 29 per cent from Rs 34.3 million in Q3. Operating income for the quarter increased 16.6 per cent to Rs 2.88 billion, and EBITDA stood at Rs 121.6 million.

For FY25, profit was Rs 117.7 million, down from Rs 177.2 million in FY24, while operating income declined to Rs 9.96 billion from Rs 10.73 billion. Earnings per share was Rs 6.21, compared with Rs 9.34 in the previous year.

Over 80 per cent of turnover comes from manufacturing for Jindal Pipes under the Jindal Star brand. VSTL expects FY26 profitability to improve with rising demand from infrastructure, housing and automobiles, and a growing share of value-added products.

A new galvanising iron plant in Telangana has doubled capacity to 48,000 metric tonnes per annum, supporting expansion in crash barrier production. The company’s IPO in February 2024 raised Rs 721.7 million. VSTL currently operates facilities in Maharashtra and Telangana, serving key southern and western markets.

Source:Vibhor Steel Tubes Ltd Press Release

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