Investor MeetAnalysts/Institutional Investor Meet/Con. Call Updates
Vibhor Steel Tubes reported a 20% revenue increase in Q1, primarily from its Jharsuguda plant's established products.
Vibhor Steel Tubes LimitedVSTL · Filed with the exchange
Management highlighted robust order books across all units for pipes, crash barriers, and new products like transmission line towers (TLT) and poles.
Jharsuguda's new lines for TLT and poles are seeing strong demand, with pole orders reaching 75-80% of installed capacity.
A new galvanizing tank, expected soon, will add 1,000-1,500 tons capacity, potentially boosting revenue by 100-150 Cr.
The company plans a new Northern plant for crash barriers due to high demand.
Management is confident in sustained growth, aligning with India's infrastructure push.
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