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Vibhor Steel Tubes Limited (VSTL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹2.2B

VS Vibhor Steel Tubes Limited VSTL · NSE
Price₹113.90
Fair Value₹86.43
Upside-24.1%
Quality41/100
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Evidence: Medium Range ₹59.13 – ₹112.36

Fair value as of: Jul 3, 2026

From 14 valuation models · updated today

Share price +0.4% over the past month.

Price vs Fair Value (12 months)

₹192.68 ₹102.25 Fair Value ₹86.43 Jul 2025 Jul 2026

12‑month range ₹102.25 – ₹192.68 · fair‑value band ₹59.13 – ₹112.36 · the ₹113.90 price screens above the ₹86.43 fair value. As of Jul 3, 2026.

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Analysis

Vibhor Steel Tubes Limited (VSTL) currently trades at ₹113.90, while our model-based Fair Value estimate is ₹86.43 — implying the stock looks roughly 24.1% overvalued today. We read business quality at 41/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Vibhor Steel Tubes Limited generated revenue of ₹11.5B at a net margin of 0.8%. Revenue grew 16.2% year over year. It earns a return on equity of 4.6%. Net debt stands at ₹1.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹11.5B
Revenue growth (YoY) +16.2%
Net margin 0.8%
Return on equity 4.6%
Free cash flow −₹172M FY2026
P/E ratio 24.5
More key figures
Operating margin 2.9%
EPS (TTM) ₹4.64
EPS growth (YoY) -41.9%
Net debt ₹1.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Vibhor Steel Tubes Limited engages in the manufacture and sale of steel pipes and tubes in India. It offers mild steel/carbon electric resistance welded black and galvanized pipes, hollow section tubes and steel pipes, primer painted pipes, crash barriers, and cold rolled steel strips/coils. The company serves aerospace, shipbuilding, construction, power plant, oil and gas, and refinery industries. Vibhor Steel Tubes Limited was incorporated in 2003 and is based in Hisar, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Vibhor Steel Tubes Limited reported revenue of ₹11.5B in FY2026 versus ₹8.2B in FY2022, a compound +8.9%/yr. Reported net income was ₹87.9M in FY2026, compounding −6.1%/yr from FY2022.

Revenue +8.9%/yr
FY22 ₹8.2B
FY23 ₹11.1B
FY24 ₹10.7B
FY25 ₹10.0B
FY26 ₹11.5B
Net income −6.1%/yr
FY22 ₹113M
FY23 ₹211M
FY24 ₹177M
FY25 ₹118M
FY26 ₹87.9M

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2140 $0.2500 +17%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥7.78 +36%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%

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Frequently asked questions

Is Vibhor Steel Tubes Limited (VSTL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹86.43 versus a price of ₹113.90 — about −24% (overvalued). Model-based estimate, not financial advice.
What is the fair value of VSTL?
Our model-based fair value for Vibhor Steel Tubes Limited is ₹86.43 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹113.90.
What is the quality score of VSTL?
Vibhor Steel Tubes Limited has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Vibhor Steel Tubes Limited (VSTL)?
Vibhor Steel Tubes Limited reported trailing-twelve-month revenue of about ₹11.5B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of VSTL?
The net profit margin of Vibhor Steel Tubes Limited is about 0.8%, meaning it keeps roughly 0.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.