Vibhor Steel Tubes MD, chairman, board of directors and AGM
NSE: VSTLBSE: 544124Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹94.51.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹179 Cr2,320th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 6 Aug 2026
- 23.6
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1.32 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 20.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 20 May 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 6 Aug 2026
- 3.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1.32 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 4.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 6 Aug 2026
- 6.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 20 May 2026
- 0.98
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,74182.3% delivered
Vibhor Steel Tubes board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVIJAY KAUSHIK
- Managing directorVIBHOR KAUSHIK
- Company Secretary and Compliance OfficerPALLAVI AGGARWAL
10 directors5 independent5 executive
- VIJAY KAUSHIK · ChairpersonExecutive · joined Feb 2009 · 2 listed boards · 1 as independent · 4 committee seats
- VIBHOR KAUSHIK · Managing directorExecutive · joined Apr 2003 · 2 listed boards · 1 as independent · 3 committee seats, 1 as chair
- VIJAY LAXMI KAUSHIKExecutive · joined Aug 2005 · 1 listed board · 1 committee seat
- PRATIMA SANDHIRExecutive · joined Apr 2016 · 1 listed board
- PANKAJ KUMAR RAIExecutive · joined Feb 2020 · 1 listed board
- ASHWANI KUMAR GARGIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SHIV KUMAR SINGHALIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 3 listed boards · 1 as independent
- SANJEEV GUPTAIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 1 listed board · 1 as independent · 1 committee seat
- VIKRAM GROVERIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 5 listed boards · 5 as independent · 4 committee seats, 3 as chair
- ABHIRAM TAYALIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 3 listed boards · 2 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Aug 20266 of 10 present1 independent · 18 days in between
- 6 Aug 202610 of 10 present5 independent · 43 days in between
- 23 Jun 20266 of 10 present2 independent · 18 days in between
- 4 Jun 20265 of 10 present1 independent · 14 days in between
1 earlier meeting
- 20 May 202610 of 10 present5 independent
Audit Committee
Chair ASHWANI KUMAR GARG
SANJEEV GUPTA, VIBHOR KAUSHIK
- 25 Aug 20263 of 3 present2 independent · 18 days in between
- 6 Aug 20263 of 3 present2 independent · 43 days in between
- 23 Jun 20263 of 3 present2 independent · 33 days in between
- 20 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SANJEEV GUPTA
VIKRAM GROVER, ASHWANI KUMAR GARG
- 6 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair VIKRAM GROVER
VIJAY LAXMI KAUSHIK, VIBHOR KAUSHIK
- 6 Aug 20263 of 3 present1 independent
Risk Management Committee
Chair VIBHOR KAUSHIK
VIJAY KAUSHIK, SHIV KUMAR SINGHAL
- 6 Aug 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair PRATIMA SANDHIR
VIKRAM GROVER, SHIV KUMAR SINGHAL
- 6 Aug 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Ashok Kumar Goyal & CoPeer-review certificate valid to Feb 2028
1 earlier auditor
- M/s. Ashok Kumar Goyal & Co.Named in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Vibhor Steel Tubes AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vibhor Steel Tubes share news and announcements
Annual general meeting, 16 Sep 2026
26,991 shareholders on the register on 9 Sep 2026; present: 5 promoters and 30 others; votes counted by Ketan Ravindra Shirwadkar / KRS AND CO.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 comprising of Audited Balance Sheet as at 31st March 2026, Audited Cash Flow and Profit and Loss Statement as on 31st March 2026, together with the Notes to Accounts, Accounting Policies, Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- To appoint a Director in place of Mr. Vibhor Kaushik (DIN: 01834866) Managing Director who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- To appoint a Director in place of Mrs. Vijay Laxmi Kaushik (DIN: 02249677) Whole-Time Director who retires by rotation and being eligible offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- Ratification of Remuneration to Cost Auditor for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- Approval of revision in the remuneration of Mr. Vibhor Kaushik (DIN: 01834866), Managing Director for the remaining period of his tenureSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- Approval of revision in the remuneration of Mr. Vijay Kaushik (DIN: 02249672), Chairman and Executive Director for the remaining period of his tenureSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- Approval of revision in remuneration of Mrs. Vijay Laxmi Kaushik (DIN: 02249677), Whole- Time Director for the remaining period of her tenureSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
- Approval of revision in remuneration of Mrs. Pratima Sandhir (DIN: 07756142), Whole- Time Director for the remaining period of her tenureSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 74.03% · promoters 98.61% · institutions 0.00% · other public 0.45%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2025, 6 resolutions
30,290 shareholders on the register on 19 Sep 2025; present: 5 promoters and 30 others; votes counted by Ketan Ravindra Shirwadkar / KRS AND CO.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2025 together with Reports of the Board of Directors and Auditors thereon.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 13.48%
Turnout: all 73.76% · promoters 100.00% · institutions 60.93% · other public 0.16%
- To appoint a Director in place of Mr. Pankaj Kumar Rai (DIN: 08697130) Executive Director who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 26.00%
Turnout: all 73.76% · promoters 100.00% · institutions 60.93% · other public 0.16%
- To appoint a Director in place of Mrs. Pratima Sandhir (DIN: 07756142) Whole-Time Director who retires by rotation and being eligible offers herself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 29.15%
Turnout: all 73.76% · promoters 100.00% · institutions 60.93% · other public 0.16%
- Ratification of Remuneration to Cost Auditor for the financial year 2025-26.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 16.63%
Turnout: all 73.76% · promoters 100.00% · institutions 60.93% · other public 0.16%
- Appointment of Secretarial AuditorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 13.48%
Turnout: all 73.76% · promoters 100.00% · institutions 60.93% · other public 0.16%
- Continuation of Mrs. Vijay Laxmi Kaushik (DIN: 02249677) as Whole-Time Director of the Company on Attaining the Age of Seventy Years.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 22.49%
Turnout: all 50.93% · promoters 69.00% · institutions 60.93% · other public 0.16%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2024, 5 resolutions
Present: 5 promoters and 32 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2024 together with Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.84% · promoters 100.00% · institutions 0.00% · other public 5.17%
- To appoint a Director in place of Mr. Vijay Kaushik (DIN: 02249672) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 74.84% · promoters 100.00% · institutions 0.00% · other public 5.17%
- To appoint a Director in place of Mrs. Vijay Laxmi Kaushik (DIN: 02246977) who retires by rotation and being eligible offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 74.84% · promoters 100.00% · institutions 0.00% · other public 5.17%
- Ratification of Remuneration to Cost Auditor for the financial year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 74.84% · promoters 100.00% · institutions 0.00% · other public 5.17%
- Continuation of Mr. Vijay Kaushik (DIN: 02249672) as Chairman and Executive Director of The Company on Attaining the Age of Seventy Years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 74.84% · promoters 100.00% · institutions 0.00% · other public 5.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.