Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Company Financials

Vibhor Steel Tubes Limited

Ticker: VSTL.NS | Industry: Steel | Sector: Basic Materials
$118.85 +0.65 (0.55%)
As of: 2026-01-28

Master Data Export

Enterprise Value

Metric 2025 2024 2023
Stock Price 155.49 251.77 446.25
Market Capitalization 2,943.76M 4,767.40M 7,934.86M
(-) Cash & Equivalents 14.63M 90.77M 38.62M
(+) Total Debt 854.78M 692.37M 847.63M
Enterprise Value 3,783.91M 5,369.00M 8,743.87M

Income Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31
Revenue 10,026M 10,466M 9,964M 10,722M 11,129M 8,176M 5,098M 5,577M 6,002M 4,482M 2,951M
Cost of Revenue 8,927M 9,293M 8,887M 9,592M 10,305M 7,562M 4,662M 4,883M 5,360M 3,749M 2,355M
Gross Profit 1,099M 1,174M 1,076M 1,131M 825M 614M 437M 694M 642M 733M 596M
Gross Profit Margin 11.0% 11.2% 10.8% 10.5% 7.4% 7.5% 8.6% 12.5% 10.7% 16.3% 20.2%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 71M 201M 253M 234M 39M 69M 16M 129M 121M 125M 69M
Operating Expenses 826M 251M 815M 234M 433M 379M 314M 129M 121M 125M 69M
Operating Income (EBIT) 273M 923M 262M 897M 392M 236M 123M 565M 520M 607M 526M
Operating Income Margin 2.7% 8.8% 2.6% 8.4% 3.5% 2.9% 2.4% 10.1% 8.7% 13.6% 17.8%
Interest Income 0M 0M 0M 18M 12M -13M -9M 0M 0M 0M 0M
Interest Expense 119M 162M 112M 181M 123M 66M 75M 0M 68M 70M 66M
Net Interest Income -119M -162M -112M -163M -110M -79M -83M 0M -68M -70M -66M
Unusual Items 15M -524M 19M -493M 0M -3M 2M -486M -366M -373M -302M
EBT Excluding Unusual Items 154M 761M 150M 734M 282M 157M 39M 565M 453M 538M 460M
Pre-Tax Income 169M 237M 169M 241M 282M 154M 42M 79M 86M 165M 158M
Pre-Tax Margin 1.7% 2.3% 1.7% 2.2% 2.5% 1.9% 0.8% 1.4% 1.4% 3.7% 5.4%
Income Tax Expense 50M 63M 51M 64M 72M 40M 35M 28M 24M 51M 62M
Net Income 119M 174M 118M 177M 211M 113M 7M 51M 63M 114M 97M
Net Income Margin 1.2% 1.7% 1.2% 1.7% 1.9% 1.4% 0.1% 0.9% 1.0% 2.5% 3.3%
Depreciation & Amortization 105M 75M 104M 83M 64M 61M 66M 73M 68M 43M 32M
EBITDA 378M 998M 366M 980M 456M 297M 189M 638M 589M 650M 558M
EBITDA Margin 3.8% 9.5% 3.7% 9.1% 4.1% 3.6% 3.7% 11.4% 9.8% 14.5% 18.9%
NOPAT 192M 677M 183M 660M 293M 174M 20M 362M 377M 420M 322M
NOPAT Margin 1.9% 6.5% 1.8% 6.2% 2.6% 2.1% 0.4% 6.5% 6.3% 9.4% 10.9%
Owner's Earnings 224M 249M -451M -61M 166M 135M 55M 105M -38M 157M 129M
Owner's Earnings Margin 2.2% 2.4% -4.5% -0.6% 1.5% 1.7% 1.1% 1.9% -0.6% 3.5% 4.4%
EPS (Basic) 6.28 9.17 6.21 9.34 14.85 7.99 0.49 3.57 4.41 8.05 7.78
EPS (Diluted) 6.29 9.17 6.21 9.34 14.84 7.99 0.49 3.57 4.41 8.05 7.78
Shares (Basic) 19M 19M 19M 19M 14M 14M 14M 14M 14M 14M 12M
Shares (Diluted) 19M 19M 19M 19M 14M 14M 14M 14M 14M 14M 12M

Balance Sheet

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31
Cash & Cash Equivalents 0.00M 29.27M 29.27M 95.91M 94.34M 125.81M 58.15M 74.32M 70.16M 120.24M 39.88M
Short-Term Investments 186.53M 316.32M 316.32M 144.84M 161.19M 84.05M 96.57M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 186.53M 345.59M 345.59M 240.75M 255.52M 209.86M 154.71M 74.32M 70.16M 120.24M 39.88M
Net Receivables 0.00M 718.65M 718.65M 509.38M 89.11M 448.11M 392.82M 456.88M 749.53M 519.06M 318.32M
Inventory 0.00M 1,908.77M 1,908.77M 1,708.83M 1,202.99M 1,012.11M 510.57M 854.82M 858.98M 594.58M 460.86M
Other Current Assets -186.53M 264.91M 264.91M 362.19M 667.11M 295.82M 133.09M 116.96M 253.05M 225.15M 129.15M
Total Current Assets 0.00M 3,237.91M 3,237.91M 2,821.15M 2,214.73M 1,965.89M 1,191.20M 1,502.99M 1,931.72M 1,459.03M 948.20M
Property, Plant & Equipment 0.00M 1,365.11M 1,365.11M 990.56M 614.66M 512.79M 523.86M 568.08M 622.99M 523.98M 431.10M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 25.83M 25.83M -126.63M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.74M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.00M 104.68M 104.68M 144.84M 7.12M 5.10M 6.45M 0.00M 0.00M 1.54M 18.68M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 0.00M 1,495.61M 1,495.61M 1,008.76M 621.77M 517.89M 530.31M 568.08M 622.99M 525.52M 452.52M
Total Assets 0.00M 4,733.53M 4,733.53M 3,829.91M 2,836.50M 2,483.78M 1,721.50M 2,071.07M 2,554.72M 1,984.55M 1,400.73M
Accounts Payable 0.00M 865.17M 865.17M 561.28M 416.17M 426.46M 329.12M 368.05M 583.93M 421.28M 254.27M
Short-Term Debt 0.00M 1,247.20M 1,247.20M 1,212.56M 1,388.64M 1,128.08M 666.50M 669.72M 946.18M 701.59M 480.11M
Tax Payables 0.00M 1.34M 1.34M -0.95M 7.24M 4.04M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 0.00M 249.89M 249.89M 20.86M 39.67M 43.90M 16.17M 52.63M 52.59M 74.70M 101.01M
Total Current Liabilities 0.00M 2,363.60M 2,363.60M 1,793.75M 1,851.73M 1,602.48M 1,011.79M 1,090.40M 1,582.70M 1,197.56M 835.39M
Long-Term Debt 0.00M 458.37M 458.37M 194.05M 135.13M 142.44M 75.65M 373.55M 396.87M 256.50M 161.81M
Capital Lease Obligations 0.00M 3.99M 3.99M 8.89M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 13.48M 13.48M 13.75M 15.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities -1,881.22M 12.85M 12.85M 10.97M 9.20M 24.75M 25.68M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities -1,881.22M 488.70M 488.70M 227.65M 159.84M 167.19M 101.33M 373.55M 396.87M 256.50M 161.81M
Total Liabilities -1,881.22M 2,852.31M 2,852.31M 2,021.40M 2,011.57M 1,769.66M 1,113.12M 1,463.95M 1,979.58M 1,454.06M 997.19M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.00M 189.62M 189.62M 189.62M 141.83M 141.83M 141.83M 141.83M 141.83M 141.83M 134.55M
Retained Earnings 0.00M 1,085.81M 1,085.81M 967.34M 788.56M 576.38M 463.07M 456.19M 405.58M 343.07M 230.78M
Accumulated OCI 1,881.22M -0.12M -0.12M 0.76M 1.59M 1.52M 0.00M 0.00M 0.00M 0.00M 1.89M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 1,881.22M 1,275.32M 1,275.32M 1,157.73M 931.98M 719.73M 604.90M 598.02M 547.41M 484.90M 367.21M
Total Equity 1,881.22M 1,275.32M 1,275.32M 1,157.73M 931.98M 719.73M 604.90M 598.02M 547.41M 484.90M 367.21M
Total Liabilities & Equity 0.00M 4,127.62M 4,127.62M 3,179.13M 2,943.55M 2,489.39M 1,718.02M 2,061.97M 2,526.99M 1,938.96M 1,364.41M
Tangible Assets 0.00M 4,733.53M 4,733.53M 3,829.91M 2,836.50M 2,483.78M 1,721.50M 2,071.07M 2,554.72M 1,984.55M 1,400.73M
Tangible Equity 1,881.22M 1,275.32M 1,275.32M 1,157.73M 931.98M 719.73M 604.90M 598.02M 547.41M 484.90M 367.21M
Tangible Book Value 1,881.22M 1,275.32M 1,275.32M 1,157.73M 931.98M 719.73M 604.90M 598.02M 547.41M 484.90M 367.21M
Total Investments 0.00M 342.15M 342.15M 18.20M 161.19M 84.05M 96.57M 0.00M 0.00M 0.00M 2.74M
Net Debt 0.00M 1,676.31M 1,676.31M 1,310.70M 1,429.44M 1,144.70M 684.01M 968.95M 1,272.89M 837.85M 602.03M

Capital Metrics

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31
Working Capital 0.0M 872.5M 872.5M 991.6M 470.0M 369.0M 175.9M 403.5M 321.3M 215.9M 76.5M
Total Capital 1,881.2M 3,590.8M 3,590.8M 3,193.3M 2,455.8M 1,990.2M 1,347.1M 1,641.3M 1,890.5M 1,443.0M 1,009.1M
Capital Employed 0.0M 2,368.1M 2,368.1M 2,000.4M 1,091.8M 886.9M 706.2M 971.6M 944.3M 741.4M 529.0M
Invested Capital 1,881.2M 3,561.5M 3,561.5M 3,097.4M 2,361.4M 1,864.4M 1,288.9M 1,567.0M 1,820.3M 1,322.8M 969.2M

Cash Flow Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31
Net Income 118.91M 173.96M 168.64M 240.95M 282.24M 153.62M 41.60M 50.61M 62.51M 114.15M 96.90M
Depreciation & Amortization 0.00M 0.00M 104.13M 82.93M 63.65M 61.21M 65.85M 72.97M 68.38M 0.00M 0.00M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 0.00M 0.00M 30.89M -358.50M -319.85M -626.21M 283.07M 296.80M -494.87M 0.00M 0.00M
Accounts Receivable 0.00M 0.00M -209.27M 35.10M -96.37M -55.29M 36.07M 292.64M -230.47M 0.00M 0.00M
Inventory 0.00M 0.00M -199.94M -505.84M -190.87M -501.54M 344.25M 4.16M -264.40M 0.00M 0.00M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 0.00M 0.00M 440.10M 112.25M -32.60M -69.38M -97.25M 0.00M 0.00M 0.00M 0.00M
Other Non-Cash Items -118.91M -173.96M 55.57M 93.34M 44.28M 65.88M 63.68M -80.90M 272.68M -114.15M -96.90M
Net Cash from Operating Activities 0.00M 0.00M 359.22M 58.72M 70.32M -345.49M 454.20M 339.48M -91.30M 0.00M 0.00M
Capital Expenditures (PPE) 0.00M 0.00M -673.26M -320.67M -108.60M -39.54M -18.04M -18.55M -168.39M 0.00M 0.00M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 0.00M 0.00M 95.17M -123.80M -46.76M -1.21M 9.09M 132.90M -26.36M 0.00M 0.00M
Net Cash from Investing Activities 0.00M 0.00M -578.09M -444.47M -155.36M -40.74M -8.95M 114.35M -194.76M 0.00M 0.00M
Net Debt Issuance 0.00M 0.00M 298.97M 36.89M 253.26M 528.36M -273.13M -23.32M 140.38M 0.00M 0.00M
Long-Term Debt Issuance 0.00M 0.00M 264.33M 36.89M -7.30M 66.78M -269.91M -23.32M 140.38M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 34.64M 0.00M 260.56M 461.58M -3.22M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 0.00M 721.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 721.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M 0.00M -134.31M -387.62M -122.56M -86.98M -91.73M -426.35M 95.60M 0.00M 0.00M
Net Cash from Financing Activities 0.00M 0.00M 164.65M 370.97M 130.71M 441.38M -364.86M -449.67M 235.98M 0.00M 0.00M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 0.00M 0.00M -54.22M -14.78M 45.67M 55.14M 80.39M 4.16M 70.16M 0.00M 0.00M
Cash at Beginning of Period 0.00M 0.00M 240.75M 255.52M 209.86M 154.71M 74.32M 70.16M 0.00M 0.00M 0.00M
Cash at End of Period 0.00M 0.00M 186.53M 240.75M 255.52M 209.86M 154.71M 74.32M 70.16M 0.00M 0.00M
Operating Cash Flow 0.00M 0.00M 359.22M 58.72M 70.32M -345.49M 454.20M 339.48M -91.30M 0.00M 0.00M
Capital Expenditure 0.00M 0.00M -673.26M -320.67M -108.60M -39.54M -18.04M -18.55M -168.39M 0.00M 0.00M
Free Cash Flow 0.00M 0.00M -314.04M -261.95M -38.28M -385.03M 436.16M 320.94M -259.69M 0.00M 0.00M

Free Cash Flow

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31
EBITDA 1,132.82M 1,047.32M 927.14M 979.80M 849.88M 606.12M 486.59M 638.14M 588.87M 650.29M 558.06M
(-) Tax Adjustment 337.33M 278.67M 280.03M 259.26M 215.53M 159.04M 170.31M 223.35M 161.81M 200.75M 195.32M
(-) Change In Working Capital 0.00M 0.00M 30.89M -358.50M -319.85M -626.21M 283.07M 296.80M -494.87M 0.00M 0.00M
(-) Capital Expenditure 0.00M 0.00M -673.26M -320.67M -108.60M -39.54M -18.04M -18.55M -168.39M 0.00M 0.00M
Unlevered Free Cash Flow 795.49M 768.65M -57.03M 758.36M 845.60M 1,033.74M 15.17M 99.44M 753.53M 449.54M 362.74M
(-) Net Interest Income After Taxes -83.51M -118.88M -78.20M -120.03M -82.42M -58.22M -54.27M 0.00M -49.17M -48.14M -42.88M
Net Debt Issuance 0.00M 0.00M 298.97M 36.89M 253.26M 528.36M -273.13M -23.32M 140.38M 0.00M 0.00M
Levered Free Cash Flow 879.00M 887.53M 320.14M 915.28M 1,181.28M 1,620.32M -203.69M 76.12M 943.08M 497.68M 405.61M