VENUSPIPES

What Venus Pipes promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 16 tracked 3 delivered 0 missed 13 open
  • Export Mix at risk said Q4 FY25 Promised: >30% Q1 FY27: Actual export share for the quarter was ~29.3% (94cr/320.5cr), slightly below the >30% target, due to geopolitical issues. Management reiterates the intent and notes the order book has 40-45% export share.
  • FY27 Top-line Growth on track said Q4 FY25 Promised: >20% growth Q1 FY27: Q1 revenue grew 16% YoY, which is below the annual target. However, management reiterated the >20% growth guidance for FY27.
  • FY26 Top-line Growth delivered, diluted said Q4 FY25 Promised: >20% growth Q4 FY26: Achieved 22% YoY revenue growth for FY26 (INR 1166.8 cr). This met the original >20% target but fell short of the revised >25% guidance.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 16 tracked commitments for Venus Pipes — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens