WEBSITE BSE:526027 NSE: CUBEX TUBING Inc. Year: 1979 Industry: Metal - Non Ferrous My Bucket: Add Stock
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Cubex Tubings Limited is a leading Indian manufacturer and exporter of specialized tubing products catering to diverse industrial sectors. Established in 1990, the company has carved a niche for itself in the tubing domain with its cutting-edge technology and commitment to quality. Portfolio encompasses a wide range of tubing solutions, including copper tubes, bundy tubes, precision tubes, and automotive tubing products. These products find applications in varied industries such as automotive, aerospace, oil and gas, pharmaceuticals, and heavy ...Read More
Cubex Tubings Limited is a leading Indian manufacturer and exporter of specialized tubing products catering to diverse industrial sectors. Established in 1990, the company has carved a niche for itself in the tubing domain with its cutting-edge technology and commitment to quality. Portfolio encompasses a wide range of tubing solutions, including copper tubes, bundy tubes, precision tubes, and automotive tubing products. These products find applications in varied industries such as automotive, aerospace, oil and gas, pharmaceuticals, and heavy engineering, among others. Clientele spans across multiple continents, with a significant presence in markets such as America, Europe, Asia, and the Middle East. The company's commitment to quality, timely delivery, and customer satisfaction has earned it a loyal customer base among renowned multinational corporations and leading industrial players. Under the leadership of Sunil Mundra, the company's Managing Director, Cubex Tubings Limited has achieved an annual turnover exceeding INR 500 crores. ...Read Less
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Market Cap ₹144 Cr.
Stock P/E 21.6
P/B 1.8
Current Price ₹100.4
Book Value ₹ 57.2
Face Value 10
52W High ₹143.8
Dividend Yield 0%
52W Low ₹ 67.3
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 64 | 57 | 50 | 55 | 55 | 73 | 85 | 50 | 74 | 75 |
| Other Income | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 2 |
| Total Income | 65 | 57 | 50 | 55 | 56 | 73 | 85 | 50 | 74 | 77 |
| Total Expenditure | 62 | 55 | 48 | 53 | 53 | 70 | 81 | 47 | 70 | 71 |
| Operating Profit | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 4 | 5 |
| Interest | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 2 | 1 | 1 | 1 | 2 | 2 | 3 | 2 | 2 | 4 |
| Provision for Tax | 1 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit After Tax | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 3 |
| Adjustments | 0 | 0 | 0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 |
| Profit After Adjustments | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 3 |
| Adjusted Earnings Per Share | 0.9 | 0.7 | 0.7 | 0.6 | 0.9 | 1.5 | 1.6 | 0.9 | 1.2 | 2.2 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 58 | 52 | 47 | 51 | 75 | 60 | 70 | 134 | 191 | 221 | 267 | 284 |
| Other Income | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Total Income | 59 | 54 | 49 | 53 | 77 | 61 | 71 | 136 | 193 | 223 | 269 | 286 |
| Total Expenditure | 57 | 52 | 47 | 51 | 74 | 58 | 67 | 131 | 187 | 214 | 257 | 269 |
| Operating Profit | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 6 | 9 | 12 | 16 |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 4 |
| Depreciation | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 4 | 5 | 8 | 11 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 |
| Profit After Tax | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 3 | 4 | 7 | 8 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 3 | 4 | 7 | 8 |
| Adjusted Earnings Per Share | 0.1 | 0.2 | 0.2 | 0.3 | 0.5 | 0.3 | 0.9 | 1.7 | 1.9 | 2.8 | 4.7 | 5.9 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 21% | 26% | 35% | 16% |
| Operating Profit CAGR | 33% | 34% | 32% | 20% |
| PAT CAGR | 75% | 52% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 30% | 35% | 28% | 25% |
| ROE Average | 9% | 6% | 5% | 3% |
| ROCE Average | 11% | 9% | 7% | 4% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 56 | 56 | 57 | 57 | 58 | 58 | 60 | 62 | 65 | 69 | 76 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 4 | 3 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Other Non-Current Liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Total Current Liabilities | 6 | 6 | 8 | 15 | 20 | 19 | 25 | 33 | 31 | 34 | 58 |
| Total Liabilities | 67 | 67 | 68 | 75 | 79 | 79 | 86 | 96 | 97 | 105 | 140 |
| Fixed Assets | 20 | 19 | 18 | 17 | 15 | 17 | 15 | 16 | 15 | 14 | 14 |
| Other Non-Current Assets | 10 | 12 | 11 | 14 | 7 | 9 | 12 | 15 | 15 | 15 | 23 |
| Total Current Assets | 36 | 36 | 39 | 44 | 56 | 54 | 58 | 65 | 67 | 76 | 104 |
| Total Assets | 67 | 67 | 68 | 75 | 79 | 79 | 86 | 96 | 97 | 105 | 140 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 4 |
| Cash Flow from Operating Activities | 3 | 2 | 2 | 4 | -0 | 3 | -0 | 1 | 0 | 3 | -1 |
| Cash Flow from Investing Activities | -0 | -0 | -0 | -1 | 1 | -3 | -0 | -0 | 0 | 1 | -2 |
| Cash Flow from Financing Activities | -2 | -3 | -1 | -4 | -1 | -0 | -1 | -1 | -1 | -2 | 1 |
| Net Cash Inflow / Outflow | 1 | -1 | 1 | -1 | -0 | 1 | -1 | -0 | -0 | 3 | -2 |
| Closing Cash & Cash Equivalent | 4 | 3 | 3 | 3 | 2 | 3 | 1 | 1 | 1 | 4 | 2 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.13 | 0.21 | 0.25 | 0.27 | 0.46 | 0.3 | 0.93 | 1.7 | 1.86 | 2.8 | 4.67 |
| CEPS(Rs) | 1.25 | 1.27 | 1.28 | 1.26 | 1.41 | 1.22 | 1.89 | 2.66 | 2.84 | 3.74 | 5.52 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 39.36 | 39.37 | 39.63 | 40.07 | 40.55 | 40.86 | 41.8 | 43.51 | 45.37 | 48.48 | 53.15 |
| Core EBITDA Margin(%) | 1.12 | 0.51 | 0.13 | -0.31 | 0.69 | 1.99 | 3.69 | 1.64 | 2.03 | 2.66 | 3.09 |
| EBIT Margin(%) | 0.82 | 1.09 | 1.36 | 1.74 | 1.41 | 1.68 | 3.13 | 2.06 | 2.26 | 2.81 | 3.36 |
| Pre Tax Margin(%) | 0.69 | 0.78 | 0.89 | 0.93 | 0.79 | 1.06 | 2.37 | 1.59 | 1.85 | 2.05 | 2.57 |
| PAT Margin (%) | 0.3 | 0.51 | 0.69 | 0.73 | 0.74 | 0.6 | 1.62 | 1.56 | 1.19 | 1.54 | 2.12 |
| Cash Profit Margin (%) | 2.83 | 3.15 | 3.55 | 3.4 | 2.27 | 2.41 | 3.3 | 2.45 | 1.82 | 2.06 | 2.51 |
| ROA(%) | 0.29 | 0.44 | 0.52 | 0.54 | 0.86 | 0.54 | 1.61 | 2.66 | 2.74 | 3.95 | 5.44 |
| ROE(%) | 0.34 | 0.53 | 0.63 | 0.67 | 1.15 | 0.74 | 2.26 | 3.97 | 4.18 | 5.96 | 9.19 |
| ROCE(%) | 0.84 | 1.03 | 1.14 | 1.46 | 1.96 | 1.9 | 4.12 | 4.8 | 6.74 | 8.98 | 10.92 |
| Receivable days | 121.51 | 143.1 | 176.8 | 173.54 | 129.4 | 168.31 | 141.92 | 91.56 | 64.57 | 57.6 | 61.17 |
| Inventory Days | 42.65 | 35.9 | 34.72 | 62.85 | 50.71 | 78.16 | 83.58 | 42.28 | 32.09 | 26.44 | 27.27 |
| Payable days | 20.31 | 30.65 | 41.27 | 52.58 | 59.57 | 95.97 | 106.25 | 59.44 | 31.97 | 23.6 | 27.52 |
| PER(x) | 74.27 | 41.25 | 44.71 | 68.53 | 33.51 | 30.24 | 18.6 | 13.74 | 14.65 | 34.05 | 16.77 |
| Price/Book(x) | 0.25 | 0.22 | 0.28 | 0.46 | 0.38 | 0.22 | 0.42 | 0.54 | 0.6 | 1.96 | 1.47 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.27 | 0.27 | 0.38 | 0.61 | 0.34 | 0.27 | 0.36 | 0.31 | 0.27 | 0.67 | 0.54 |
| EV/Core EBITDA(x) | 7.32 | 6.47 | 8.11 | 13.29 | 9.91 | 6.46 | 6.36 | 9.19 | 7.89 | 17.07 | 12.17 |
| Net Sales Growth(%) | 28.15 | -10.02 | -9.88 | 9.07 | 46.89 | -20 | 17.39 | 90.11 | 42.95 | 15.57 | 20.98 |
| EBIT Growth(%) | 20.91 | 20.55 | 11.74 | 31.08 | 36.41 | -3.29 | 112.02 | 24.3 | 58.16 | 44.2 | 45.33 |
| PAT Growth(%) | 24.79 | 54.53 | 19.88 | 8.07 | 72.03 | -34.85 | 209.96 | 81.74 | 9.52 | 50.6 | 66.99 |
| EPS Growth(%) | 24.74 | 54.55 | 19.9 | 8.05 | 72.03 | -34.86 | 210 | 81.74 | 9.51 | 50.61 | 66.99 |
| Debt/Equity(x) | 0.09 | 0.08 | 0.09 | 0.13 | 0.1 | 0.09 | 0.02 | 0.16 | 0.2 | 0.22 | 0.44 |
| Current Ratio(x) | 6.2 | 6.05 | 4.66 | 2.86 | 2.77 | 2.78 | 2.34 | 1.98 | 2.17 | 2.25 | 1.77 |
| Quick Ratio(x) | 4.98 | 5.35 | 4 | 2.05 | 2.17 | 1.81 | 1.59 | 1.46 | 1.46 | 1.8 | 1.23 |
| Interest Cover(x) | 6.01 | 3.54 | 2.89 | 2.14 | 2.27 | 2.7 | 4.14 | 4.44 | 5.51 | 3.69 | 4.26 |
| Total Debt/Mcap(x) | 0.36 | 0.36 | 0.32 | 0.27 | 0.26 | 0.4 | 0.05 | 0.29 | 0.33 | 0.11 | 0.3 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 44.42 | 44.42 | 44.42 | 44.42 | 44.42 | 44.42 | 44.42 | 44.42 | 44.42 | 44.42 |
| FII | 0 | 0 | 0 | 0 | 0.05 | 0 | 0.18 | 0.08 | 0.25 | 0.19 |
| DII | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 |
| Public | 55.22 | 55.22 | 55.22 | 55.22 | 55.17 | 55.22 | 55.04 | 55.14 | 54.97 | 55.03 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Public | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 |
* The pros and cons are machine generated.
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