Vibhor Steel Tubes Limited
Founded in 2003, Vibhor Steel Tubes Limited manufactures, exports, and supplies steel pipes and tubes to various heavy engineering industries in India.
What Vibhor files
- Others43
- Important29
- Investor Meet27
- Updates17
- Board Meeting14
- Insider Trade11
Vibhor Steel Tubes reported a 27% revenue surge to Rs 293.69 Cr, driven by strong demand and value-added products from its Odisha plant. EBITDA rose 21% to Rs 12.37 Cr, but Net Profit fell 39% to Rs 1.93 Cr. A new subsidiary, Viyom Steel Infra, was formed to target the...
Vibhor Steel Tubes' Q4 revenue grew 16.24% to Rs 335.13 Cr, with EBITDA up 26.15%. Net profit fell 42.12% to Rs 2.57 Cr, impacted by increased finance and depreciation costs from its newly operational Odisha plant, boosting future capacity.
Vibhor Steel Tubes secured a CRISIL 'BBB+/Stable/A2' rating for Rs 100 Cr bank facilities. This boosts funding for expansion, backed by strong promoter experience, assured Jindal Pipes offtake, and its recently operational Odisha plant (Rs 119.83 Cr investment).
Vibhor Steel Tubes secured a Rs 16.87 Cr order from Agrawal Infracab for fabricated & galvanised towers. This follows its new 1.56 lakh MT Odisha plant commissioning, boosting total capacity to 377,000 MTPA, enhancing infrastructure sector presence.
Vibhor Steel Tubes reported a 16% rise in Q3 EBITDA to Rs 11.39 Cr, with revenue up 23% to Rs 303.99 Cr. Nine-month net profit was Rs 6.22 Cr. Growth is backed by robust demand, increasing value-added product share, and new Odisha plant operations.