AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Sep - Management will virtually participate in Arihant Capital Investor Summit on 29 September 2026.
Source: Bse
Vibhor Steel Tubes Limited (VSTL)
Small CapMetals stocks · Small cap · NSE
Vibhor Steel Tubes Limited operates in Minerals, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals05 Oct 2026 · screener
Latest result06 Aug, 10:20 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
33Bearishfull bear SMA stack · SMA20 -6.9% / mo · RSI oversold · MACD − · near 52W low
Stock trend: 22
Sector RS: 50
Sector 3M: -4.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
VSTLD candles · FIT view-22.2%Latest close ₹98.54 on 2026-10-19
Bar
-1.4%
RSI
29
MACD hist
-0.95
52W pos
5%
2026-10-19O ₹99.90H ₹102.00L ₹95.77C ₹98.54Vol 25,062 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VSTLNifty MetalNifty 500
- VSTL
- -12.0%
- Nifty 500
- -5.6%
- Nifty Metal
- -3.8%
- Vs Nifty 500
- -6.4 pp
Chart stats
19 Oct 2026- From 52W high
- -35.6%
- 52W range position
- 5%
- ATR (14)
- 4.6%
- Volume vs 20D
- 1.37x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹95.8 - ₹116
₹153
₹95.8 - ₹153
₹4.5
Latest completed session
20-session average
26.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST41
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bearish33
Price trend and sector-relative-strength timing.
Valuation
Legacy model+29.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence62
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 06 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹293.7 Cr | NDF | NDF |
| EBITDA | ₹12.1 Cr | +18.8% | -21.5% |
| Operating margin | 4.1% | -29 bps | -48 bps |
| PAT | ₹1.9 Cr | NDF | NDF |
| PAT margin | 0.7% | -70 bps | -11 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 24.60
- P/B
- 1.05
- EV/EBITDA
- 6.14
- Market Cap
- 206.00Cr
Profitability
- ROE
- 5.05%
- ROCE
- 7.92%
- ROA
- 1.82%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 18.00%
- EPS 5Y
- 28.00%
- Revenue 3Y
- 1.00%
- EPS 3Y
- -23.00%
Balance Sheet
- Debt/Equity
- 0.98
- Interest Coverage
- 2.81×
- Altman Z
- 4.34
- Book Value
- 104.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- 61.00 Cr
- EPS TTM
- 4.01
Shareholding
- Promoter Hold
- 74.74%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 14%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 294-12.4% vs prev
Net Profit
₹ CrLatest: 1.9-24.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 29. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~7.4% over last month) — short-term momentum negative.
- RSI(14) at 29 — oversold zone; bounce conditions.
- MACD below signal but histogram contracting — bearish momentum easing.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
22
RS percentile
Stage 4 Downtrend
1M return
-13.2%
3M return
-12.0%
6M return
-22.5%
1Y return
-31.6%
RS 1D
+2
RS 20D
-8
Sector rank
#4
Industry rank
#14
Stage evidence
- Price is 14.3% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -0.6%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 65.39+1.27%
RS vs Nifty 50065
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · WATCHLISTValuation12/30
Growth18/25
Quality0/20
Balance Sheet8/15
Cash Flow2/10
Piotroski
6/9 (+3)
Penalties
-2
Raw sum
41
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
41/100 · legacy band WATCHLIST
Positive drivers
- Fair-value margin of safety is positive at 29.4%.
- Growth contributes 18/25 to the score.
- Balance sheet contributes 8/15 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Cash flow is weaker at 2/10; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
24.6
PB
1.1
EV/EBITDA
6.1
ROE
5.0%
ROCE
7.9%
FCF Yield
—
Debt/Equity
1.0
MoS
+29.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
41
Previous: 41
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+29.4%
Previous: +29.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
40
41
41
41
41
41
40
40
41
41
41
41
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹96.87
-1.7% MoS
Growth-justified P/E
34.8
Growth-justified Value
₹139.55
+29.4% MoS
PEG
0.88
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MANAKALUCO
Small
Manaksia Aluminium Company Limited
Mining
match 97
36
25.0
5.5%
+35%
WATCHLIST
SCANSTL
Small
Scan Steels Limited
Mining
match 93
54
11.6
5.0%
+65%
FAIR VALUE
MCL
Small
Madhav Copper Limited
Mining
match 93
19
31.3
9.4%
-289%
OVERVALUED
SHYAMCENT
Small
Shyam Century Ferrous Limited
Mining
match 93
32
7.4
1.1%
-310%
WATCHLIST
SMLT
Small
Sarthak Metals Limited
Mining
match 91
17
21.9
3.8%
-469%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Vibhor Steel Tubes Limited operates in Minerals, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
62Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 35th percentile of the scored universe and 30th percentile within Metals. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
28 docs text-extracted · 14 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
35th percentile
overall median 67 · Metals: 30th pctile, median 70 · Small: 40th pctile, median 66
Evidence depth
Financial-only
28 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
90
strong · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
30
weak · capital discipline
Results
61
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 74.7%.
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 1.1%.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 7.9%.
- ▸ROE is low at 5.1%.
- ▸ROCE trend is -2.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Vibhor Steel Tubes Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Aug - : Intimation of Earnings Call to be held on Aug 20, 2026
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 6 Aug - Board reappointed M/s VD & Co. as internal auditor for FY 2026-27 on 6 August 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Copy of newspaper publication for Notice of 23rd AGM to be held by the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Aug - Please find attached copy of Newspaper Publication.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 6 Aug - Board re-appointed S.K. Agarwal & Associates as cost auditor for FY 2026-27.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Aug - Q1 FY27 revenue rose 27% to Rs 293.69 crore; EBITDA up 21%, net profit fell 39%.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Updates on Acquisition 25 Jun - Viyom Steel Infra Private Limited incorporated as wholly owned subsidiary on 25 June 2026 with ₹10 lakh capital.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 4 Jun - Board approved incorporation of wholly owned subsidiary Viyom Steel Infra Private Limited with Rs. 10 lakh capital.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.