Vibhor Steel Tubes' Profit in March Quarter Up by 28.86%
By Ankur Chandra | Updated at: May 31, 2025 07:30 PM IST
Vibhor Steel Tubes Ltd reported a standalone net profit of ₹11.77 crore for the financial year ended March 31, 2025, down from ₹17.72 crore in FY24. The Haryana-based steel pipes and tubes manufacturer posted a full-year operating income of ₹996.38 crore, compared to ₹1,072.71 crore a year earlier, reflecting a moderate slowdown in annual topline performance.
Q4FY25 Performance Snapshot
| Particulars | Q4FY25 | Q4FY24 | QoQ Growth |
|---|---|---|---|
| Operating Income | ₹288.3 crore | ₹291.2 crore | +16.6% |
| EBITDA | ₹12.16 crore | ₹13.78 crore | +23.95% |
| Net Profit (PAT) | ₹4.44 crore | ₹4.89 crore | +28.86% |
| Earnings Per Share (EPS) | ₹2.34 | ₹2.58 | — |
The fourth quarter saw a sequential rebound, with net profit rising 28.86% over Q3FY25 and operating income climbing 16.6%. EBITDA also rose nearly 24% sequentially, underscoring improved operating efficiency despite flat year-on-year growth.
Strategic Commentary
Chairman and Executive Director Vijay Kaushik attributed the performance revival to increased demand from sectors like infrastructure, housing, and automobiles. “We expect the bottomline to improve further on the back of volume growth and the launch of several products in the high-margin segment,” Kaushik said.
He also highlighted the impact of the government’s Production Linked Incentive (PLI) scheme for specialty steel, which has secured investment commitments of ₹17,000 crore. “We are diversifying into value-added products like crash barriers and monopoles.
This strategic shift and our increasing export share are expected to significantly boost revenues,” he added.
Expansion Milestones
During the year, VSTL commissioned a new Galvanized Iron (GI) manufacturing plant in Balanagar, Telangana, doubling its capacity in the state from 24,000 MTPA to 48,000 MTPA. The new unit is focused on producing crash barriers, widely used for road safety infrastructure.
VSTL also raised ₹72.17 crore through its IPO in February 2024 and currently operates two plants:
- Raigad, Maharashtra (dedicated to exports),
- Telangana.
The company’s total installed capacity stands at 2,21,000 MTPA, serving western and southern Indian markets.
Outlook
With rising contributions from high-margin, value-added products and the commissioning of new capacities, Vibhor Steel Tubes expects a strong rebound in profitability for FY26. The company’s long-standing association with Jindal Pipes, under the “Jindal Star” brand, remains a key revenue driver, contributing over 80% of its turnover.
Vibhor Steel Tubes, with two decades of operational legacy, continues to strengthen its position in India’s steel pipe manufacturing ecosystem, aligned with the country’s broader infrastructure push.
REF: https://nsearchives.nseindia.com/corporate/VIBHOR_29052025100304_Intimation_of_Press_Release_Financial_Results.pdf
