Venus Pipes & Tubes (NSE:VENUSPIPES) Debt-to-Equity: 0.43 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VENUSPIPES Venus Pipes & Tubes Ltd NSE:VENUSPIPES
94 GF Score
Price ₹1,597.30
GF Value ₹2,292.76
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Venus Pipes & Tubes Debt-to-Equity?

Venus Pipes & Tubes NSE:VENUSPIPES -1.38% 94 Debt-to-Equity is 0.43 as of Mar. 2026, which is 7% below its 10-year median of 0.46. GuruFocus rates NSE:VENUSPIPES with a GF Score™ of 94/100 and a GF Value™ of ₹2,292.76 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 548 Steel companies, Venus Pipes & Tubes ranks worse than 52.01% on this metric.

Venus Pipes & Tubes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1,951 Mil. Venus Pipes & Tubes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹920 Mil. Venus Pipes & Tubes's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹6,685 Mil. Venus Pipes & Tubes's debt to equity for the quarter that ended in Mar. 2026 was 0.43.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Venus Pipes & Tubes's Debt-to-Equity or its related term are showing as below:

NSE:VENUSPIPES' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.46   Max: 2.65
Current: 0.43

During the past 8 years, the highest Debt-to-Equity Ratio of Venus Pipes & Tubes was 2.65. The lowest was 0.28. And the median was 0.46.

NSE:VENUSPIPES's Debt-to-Equity is ranked worse than
52.01% of 548 companies
in the Steel industry
Industry Median: 0.4 vs NSE:VENUSPIPES: 0.43

Venus Pipes & Tubes  (NSE:VENUSPIPES) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Venus Pipes & Tubes Debt-to-Equity Related Terms


Venus Pipes & Tubes Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Venus Pipes & Tubes's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Venus Pipes & Tubes Debt-to-Equity Chart

Venus Pipes & Tubes Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 0.50 0.28 0.37 0.36 0.43

Venus Pipes & Tubes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 N/A 0.43 N/A 0.43

NSE:VENUSPIPES vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Venus Pipes & Tubes's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Venus Pipes & Tubes Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Venus Pipes & Tubes's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Venus Pipes & Tubes's Debt-to-Equity falls into.


NSE:VENUSPIPES
94GF Score
Venus Pipes & Tubes Ltd NSE:VENUSPIPES
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Venus Pipes & Tubes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Venus Pipes & Tubes's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Venus Pipes & Tubes's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.43 mean?
Venus Pipes & Tubes (NSE:VENUSPIPES) has a Debt-to-Equity of 0.43 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Venus Pipes & Tubes and its competitors. This is near median its historical median of 0.46. Over the past decade, Venus Pipes & Tubes' Debt-to-Equity has ranged from 0.28 to 2.65. According to the industry distribution chart, Venus Pipes & Tubes ranks #285 out of 548 companies in the Steel industry, placing it in the top 52%.
Is Venus Pipes & Tubes' Debt-to-Equity too high?
Venus Pipes & Tubes' current Debt-to-Equity of 0.43 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.65. The Steel industry median Debt-to-Equity is 0.40. Venus Pipes & Tubes' value of 0.43 is 7.5% above this industry median. Based on the distribution chart, Venus Pipes & Tubes ranks #285 out of 548 companies in the Steel industry, which is below the industry midpoint. Overall, Venus Pipes & Tubes has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Venus Pipes & Tubes' Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Venus Pipes & Tubes ranks #285 out of 548 companies for Debt-to-Equity. This places Venus Pipes & Tubes in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Venus Pipes & Tubes' value of 0.43 is 7.5% above this benchmark. Historically, Venus Pipes & Tubes' own Debt-to-Equity has ranged from 0.28 to 2.65 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.40, Venus Pipes & Tubes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Venus Pipes & Tubes's current Debt-to-Equity of 0.43 is 7.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Venus Pipes & Tubes and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Venus Pipes & Tubes's current Debt-to-Equity is 0.43, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Venus Pipes & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Venus Pipes & Tubes (NSE:VENUSPIPES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,292.76, compared to a current price of ₹1,597.30 — trading 30.3% below its estimated fair value. The current Debt-to-Equity is 0.43, which is near median its 10-year median of 0.46 and 7.5% above the Steel industry median of 0.40. Venus Pipes & Tubes' overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Venus Pipes & Tubes (NSE:VENUSPIPES), the current Debt-to-Equity is 0.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Venus Pipes & Tubes (NSE:VENUSPIPES) Overvalued in 2026?

Based on GuruFocus' analysis, Venus Pipes & Tubes stock appears to be undervalued. The current stock price of ₹1,597.30 is trading 30.3% below its estimated GF Value™ of ₹2,292.76. GuruFocus considers Venus Pipes & Tubes to be Possible Value Trap.

Key valuation signals for NSE:VENUSPIPES:

  • Debt-to-Equity: 0.43 (near median its 10-year median of 0.46)
  • GF Value™: ₹2,292.76 vs. price of ₹1,597.30 (30.3% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 7.5% above the Steel median (#285 of 548)

No single metric tells the full story. See the NSE:VENUSPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Venus Pipes & Tubes Business Description

Other Exchanges 543528:India
Address Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201
Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories, namely seamless tubes/pipes and welded tubes/pipes, under which five categories of products are manufactured, namely, 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 lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.
94GF Score

Get the complete analysis for NSE:VENUSPIPES

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,597.30
Price
₹2,292.76
GF Value