Venus Pipes and Tubes Limited

NSE VENUSPIPES.NS

Venus Pipes and Tubes Limited Return on Capital Employed (ROCE) for the year ending March 31, 2024: 30.35%

Venus Pipes and Tubes Limited Return on Capital Employed (ROCE) is 30.35% for the year ending March 31, 2024, a 52.30% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Venus Pipes and Tubes Limited Return on Capital Employed (ROCE) for the year ending March 31, 2023 was 19.93%, a -42.50% change year over year.
Venus Pipes and Tubes Limited Return on Capital Employed (ROCE) for the year ending March 31, 2022 was 34.65%, a -43.64% change year over year.
Venus Pipes and Tubes Limited Return on Capital Employed (ROCE) for the year ending March 31, 2021 was 61.49%, a 102.38% change year over year.
Venus Pipes and Tubes Limited Return on Capital Employed (ROCE) for the year ending March 31, 2020 was 30.38%, a 1.12% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

NSE: VENUSPIPES.NS

Venus Pipes and Tubes Limited

CEO	Mr. Arun Axaykumar Kothari
IPO Date	May 24, 2022
Location	India
Headquarters	Survey No. 233/2 & 23411
Employees	637
Sector	Materials
Industries Steel Cleaning Supplies Composite Materials Glass Metals Personal Care Petrochemicals Plastics

Description

Venus Pipes and Tubes Limited manufactures and sells stainless-steel pipes and tubes in India. The company offers stainless steel high precision and heat exchanger tubes; stainless steel hydraulic and instrumentation tubes; stainless steel seamless pipes; stainless steel welded pipes; and stainless-steel box pipes under the Venus brand name. The company also exports its products internationally. Venus Pipes and Tubes Limited was incorporated in 2015 and is based in Dhaneti, India.

Key trends

Past 5 years