Venus Pipes & Tubes Limited (VENUSPIPES) - Net Assets
Based on the latest financial reports, Venus Pipes & Tubes Limited (VENUSPIPES) has net assets worth Rs6.08 Billion INR (≈ $65.78 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.76 Billion ≈ $127.16 Million USD) and total liabilities (Rs5.68 Billion ≈ $61.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Venus Pipes & Tubes Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.08 Billion |
| % of Total Assets | 51.73% |
| Annual Growth Rate | 87.62% |
| 5-Year Change | 1230.96% |
| 10-Year Change | N/A |
| Growth Volatility | 75.4 |
Venus Pipes & Tubes Limited - Net Assets Trend (2019–2025)
This chart illustrates how Venus Pipes & Tubes Limited's net assets have evolved over time, based on quarterly financial data. Also explore VENUSPIPES total assets for the complete picture of this company's asset base.
Annual Net Assets for Venus Pipes & Tubes Limited (2019–2025)
The table below shows the annual net assets of Venus Pipes & Tubes Limited from 2019 to 2025. For live valuation and market cap data, see VENUSPIPES market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs5.31 Billion ≈ $57.48 Million |
+30.88% |
| 2024-03-31 | Rs4.06 Billion ≈ $43.92 Million |
+26.04% |
| 2023-03-31 | Rs3.22 Billion ≈ $34.85 Million |
+150.68% |
| 2022-03-31 | Rs1.29 Billion ≈ $13.90 Million |
+221.88% |
| 2021-03-31 | Rs399.32 Million ≈ $4.32 Million |
+145.34% |
| 2020-03-31 | Rs162.76 Million ≈ $1.76 Million |
+33.69% |
| 2019-03-31 | Rs121.74 Million ≈ $1.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Venus Pipes & Tubes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7918.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.76 Billion | 51.91% |
| Common Stock | Rs204.31 Million | 3.84% |
| Other Comprehensive Income | Rs121.13 Million | 2.28% |
| Other Components | Rs2.23 Billion | 41.97% |
| Total Equity | Rs5.31 Billion | 100.00% |
Venus Pipes & Tubes Limited Competitors by Market Cap
The table below lists competitors of Venus Pipes & Tubes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Optical Platform Co Ltd
TW:6464
|
$308.76 Million |
|
Edda Wind ASA
OL:EWIND
|
$308.89 Million |
|
Eastern Polymer Group Public Company Limited
BK:EPG
|
$308.95 Million |
|
Koramco Energy Plus Reit Co Ltd
KO:357120
|
$309.04 Million |
|
MOLSON COORS CDA EXCH.B
F:65K
|
$308.52 Million |
|
Qinghai Spring Medicinal Resources Technology Co Ltd
SHG:600381
|
$308.40 Million |
|
Wam Microcap Ltd
AU:WMI
|
$308.29 Million |
|
HannsTouch Solution Inc
TW:3049
|
$308.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Venus Pipes & Tubes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,060,940,000 to 5,314,800,000, a change of 1,253,860,000 (30.9%).
- Net income of 928,890,000 contributed positively to equity growth.
- Dividend payments of 20,330,000 reduced retained earnings.
- New share issuances of 350,620,000 increased equity.
- Other comprehensive income decreased equity by 3,736,850,001.
- Other factors increased equity by 3,731,530,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs928.89 Million | +17.48% |
| Dividends Paid | Rs20.33 Million | -0.38% |
| Share Issuances | Rs350.62 Million | +6.6% |
| Other Comprehensive Income | Rs-3.74 Billion | -70.31% |
| Other Changes | Rs3.73 Billion | +70.21% |
| Total Change | Rs- | 30.88% |
Book Value vs Market Value Analysis
This analysis compares Venus Pipes & Tubes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 229.69x to 5.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs6.00 | Rs1377.70 | x |
| 2020-03-31 | Rs8.02 | Rs1377.70 | x |
| 2021-03-31 | Rs19.67 | Rs1377.70 | x |
| 2022-03-31 | Rs91.54 | Rs1377.70 | x |
| 2023-03-31 | Rs164.73 | Rs1377.70 | x |
| 2024-03-31 | Rs200.07 | Rs1377.70 | x |
| 2025-03-31 | Rs260.22 | Rs1377.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Venus Pipes & Tubes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.69%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.90x
- Recent ROE (17.48%) is below the historical average (27.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 30.80% | 3.16% | 1.50x | 6.50x | Rs25.33 Million |
| 2020 | 25.36% | 2.32% | 1.66x | 6.59x | Rs25.00 Million |
| 2021 | 59.18% | 7.64% | 2.25x | 3.44x | Rs196.39 Million |
| 2022 | 24.64% | 8.18% | 1.56x | 1.93x | Rs188.15 Million |
| 2023 | 13.72% | 8.00% | 1.09x | 1.57x | Rs119.87 Million |
| 2024 | 21.17% | 10.72% | 1.06x | 1.87x | Rs453.70 Million |
| 2025 | 17.48% | 9.69% | 0.95x | 1.90x | Rs397.41 Million |
Industry Comparison
This section compares Venus Pipes & Tubes Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Venus Pipes & Tubes Limited (VENUSPIPES) | Rs6.08 Billion | 30.80% | 0.93x | $308.66 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Venus Pipes & Tubes Limited
Venus Pipes and Tubes Limited manufactures and sells stainless-steel pipes and tubes worldwide. The company offers stainless steel high precision and heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes, and LSAW pipes. It distributes its products through direct supply, stockists, traders, and selected marketing representatives to the chemical, engineering, fert… Read more