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Texmo Pipes & Prod. Overview

Texmo Pipes and Products Ltd is a prominent player in the Plastic Products industry, renowned for its superior quality and innovative solutions. With a dedicated focus on manufacturing and distributing a wide range of plastic pipes, fittings, and related products, Texmo Pipes and Products Ltd has established itself as a market leader. The company's commitment to advanced technology, sustainable practices, and customer satisfaction has propelled its growth. By consistently delivering durable and reliable solutions for various applications, Texmo...Read More

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Texmo Pipes & Prod. Key Financials

Market Cap ₹133 Cr.

Stock P/E 7.4

P/B 0.8

Current Price ₹45.5

Book Value ₹ 56.3

Face Value 10

52W High ₹68.9

Dividend Yield 0%

52W Low ₹ 33

Texmo Pipes & Prod. Share Price

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Volume
Price

Texmo Pipes & Prod. Quarterly Price

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Texmo Pipes & Prod. Peer Comparison

Texmo Pipes & Prod. Quarterly Results

#(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 123 122 85 119 64 110 99 105 63 110
Other Income 0 0 1 0 0 1 1 1 1 0
Total Income 123 123 86 119 64 110 100 106 64 110
Total Expenditure 117 115 80 106 58 100 92 97 57 100
Operating Profit 6 8 6 13 6 10 8 9 7 10
Interest 2 2 2 2 2 1 1 1 1 1
Depreciation 3 3 3 3 3 3 4 3 3 3
Exceptional Income / Expenses 0 0 -5 0 0 0 0 0 0 0
Profit Before Tax 1 4 -4 8 1 6 3 5 3 7
Provision for Tax 0 1 3 2 -1 1 -3 0 1 2
Profit After Tax 1 2 -7 6 1 4 6 5 2 5
Adjustments 0 0 0 -0 1 1 0 -0 0 0
Profit After Adjustments 1 2 -7 6 3 5 6 5 2 5
Adjusted Earnings Per Share 0.3 0.8 -2.3 1.9 0.9 1.7 2 1.8 0.8 1.7

Texmo Pipes & Prod. Profit & Loss

#(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 311 258 298 251 310 328 422 564 638 534 391 377
Other Income 2 2 4 4 1 1 1 1 1 1 2 3
Total Income 313 260 302 256 311 329 423 565 639 536 393 380
Total Expenditure 290 237 283 239 293 306 393 529 670 501 356 346
Operating Profit 23 23 19 16 18 23 30 36 -31 35 37 34
Interest 13 13 12 10 10 11 10 9 13 8 6 4
Depreciation 5 6 7 5 6 6 6 8 11 11 14 13
Exceptional Income / Expenses 0 0 0 0 1 -1 0 0 -12 -5 0 0
Profit Before Tax 5 4 0 1 4 6 14 19 -67 10 17 18
Provision for Tax 2 1 2 1 1 2 3 5 5 6 -1 0
Profit After Tax 3 3 -1 0 3 4 11 14 -72 5 18 18
Adjustments 0 0 0 0 0 0 0 0 0 0 1 0
Profit After Adjustments 3 3 -1 0 3 4 11 14 -72 5 19 18
Adjusted Earnings Per Share 1.4 1.4 -0.6 0.1 1.1 1.5 3.7 4.9 -24.6 1.6 6.6 6.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -27% -11% 4% 2%
Operating Profit CAGR 6% 1% 10% 5%
PAT CAGR 260% 9% 35% 20%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -26% -10% 9% 2%
ROE Average 13% -10% -3% -1%
ROCE Average 12% -2% 4% 6%

Texmo Pipes & Prod. Balance Sheet

#(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 134 141 190 192 203 213 226 243 187 197 216
Minority's Interest 0 0 0 0 0 0 0 0 0 -0 -1
Borrowings 8 11 15 15 10 7 6 17 13 30 29
Other Non-Current Liabilities 4 4 17 19 20 21 21 34 32 33 25
Total Current Liabilities 95 103 116 106 113 102 82 69 74 88 92
Total Liabilities 241 259 338 332 345 343 336 364 307 347 361
Fixed Assets 45 43 109 109 113 114 111 142 139 167 142
Other Non-Current Assets 21 23 79 77 73 79 77 81 11 6 18
Total Current Assets 176 192 150 147 160 150 148 140 155 175 201
Total Assets 241 259 338 332 345 343 336 364 307 347 361

Texmo Pipes & Prod. Cash Flow

#(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 1 1 1 0 1 0 0 0 0 1 1
Cash Flow from Operating Activities 22 12 8 24 20 20 27 41 0 20 20
Cash Flow from Investing Activities -4 -5 -5 -9 -7 -9 -0 -29 21 -36 2
Cash Flow from Financing Activities -17 -8 -3 -14 -14 -12 -27 -11 -20 17 1
Net Cash Inflow / Outflow 1 -1 -1 1 -1 0 -0 0 0 0 24
Closing Cash & Cash Equivalent 1 1 0 1 0 0 0 0 1 1 25

Texmo Pipes & Prod. Ratios

# 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) 1.43 1.38 -0.56 0.06 1.13 1.5 3.71 4.87 -24.58 1.59 6.57
CEPS(Rs) 3.64 3.7 2.23 2.18 3.26 3.85 5.85 7.68 -20.87 5.21 10.88
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 56.24 59.2 52.76 51.24 52.56 56.58 55.58 61.31 42.05 45.5 52.13
Core EBITDA Margin(%) 6.41 7.28 4.66 4.67 4.69 5.82 5.8 5.1 -5.01 5.3 7.71
EBIT Margin(%) 5.33 6.2 3.87 4.25 3.68 4.25 4.75 4.07 -8.46 2.94 5.12
Pre Tax Margin(%) 1.48 1.59 0.09 0.47 1 1.5 2.83 2.79 -10.49 1.61 3.79
PAT Margin (%) 1.02 1.18 -0.42 0.06 0.82 1.03 2.19 2.06 -11.24 0.73 3.93
Cash Profit Margin (%) 2.58 3.14 1.65 2.11 2.37 2.64 3.45 3.24 -9.54 2.42 6.95
ROA(%) 1.46 1.32 -0.45 0.04 0.88 1.15 3.19 4.07 -21.4 1.4 5.07
ROE(%) 2.6 2.4 -1.01 0.12 2.23 2.75 6.96 8.34 -47.56 3.59 12.61
ROCE(%) 9.55 8.96 6.36 5.78 7.05 8.39 12.1 14.31 -31.37 11.64 12.26
Receivable days 77.42 119.27 80.63 61.48 51.48 50.29 32.63 23.52 28.87 35.34 58.11
Inventory Days 70.65 93.3 88.67 106.75 66.89 65.21 47.59 31.56 38.48 40.94 50.02
Payable days 19.1 31.43 29.65 65.95 83.79 78.04 49.95 38.05 34.77 44.78 56.99
PER(x) 7.38 16.61 0 319.94 17.93 5.38 6.71 15.6 0 48.6 7.6
Price/Book(x) 0.19 0.39 0.38 0.39 0.39 0.14 0.45 1.24 1.05 1.7 0.96
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.22 0.4 0.35 0.39 0.31 0.19 0.22 0.42 0.22 0.48 0.43
EV/Core EBITDA(x) 3.01 4.49 5.47 6.04 5.26 2.65 3.06 6.51 -4.45 7.45 4.52
Net Sales Growth(%) 29.82 -17.21 15.51 -15.58 23.23 5.84 28.58 33.86 13.12 -16.32 -26.77
EBIT Growth(%) 39.16 -2.77 -28.18 -11.95 21.26 22.28 44.31 19.8 -291.72 134.21 26.68
PAT Growth(%) 84.04 -3.22 -140.8 110.88 1930.94 32.65 174.7 31.35 -604.26 106.39 291.88
EPS Growth(%) 84.04 -3.22 -140.69 111.04 1716.24 32.65 147.65 31.35 -604.26 106.46 313.79
Debt/Equity(x) 0.4 0.42 0.53 0.47 0.37 0.34 0.17 0.14 0.15 0.33 0.35
Current Ratio(x) 1.85 1.87 1.3 1.38 1.42 1.46 1.79 2.02 2.1 2 2.19
Quick Ratio(x) 1.12 1.15 0.59 0.73 0.85 0.75 1.12 1.1 1.14 1.19 1.6
Interest Cover(x) 1.38 1.35 1.02 1.12 1.37 1.55 2.47 3.18 -4.18 2.22 3.85
Total Debt/Mcap(x) 2.15 1.08 1.38 1.21 0.97 2.35 0.38 0.11 0.14 0.19 0.36

Texmo Pipes & Prod. Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 44.24 44.24 44.24 44.24 44.24 44.24 44.24 44.24 44.24 44.24
FII 0.6 0.27 0.29 0.25 0.24 0.24 0.23 0.22 0.22 0.22
DII 0 0 0 0 0 0 0 0 0 0
Public 55.16 55.49 55.47 55.51 55.52 55.52 55.53 55.53 55.54 55.54
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Texmo Pipes & Prod. News

Texmo Pipes & Prod. Pros & Cons

Pros

  • Stock is trading at 0.8 times its book value
  • Company has delivered good profit growth of 35% CAGR over last 5 years
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 44.24%.
  • Company has a low return on equity of -10% over the last 3 years.
  • Debtor days have increased from 44.78 to 56.99days.
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