Cubex Tubings Ltd

Cubex Tubings Ltd

₹ 90.7 0.37%
22 May - close price
About

Incorporated in 1979, Cubex Tubings Ltd is
a manufacturer of copper and copper alloy products

Key Points

Business Overview:[1]
Company is a manufacturer of seamless
solid drawn Tubes, Rods, Bus bars and
Wires of copper and copper-based alloys
viz., Cupronickel, admiralty Brass, Aluminum Brass, etc. Copper, because of its high electrical conductivity and heat transfer characteristics, finds application in Tubes, Rods, Strips, and Wires

  • Market Cap 129 Cr.
  • Current Price 90.7
  • High / Low 144 / 73.0
  • Stock P/E 17.3
  • Book Value 58.2
  • Dividend Yield 0.00 %
  • ROCE 11.4 %
  • ROE 9.36 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 41.1% CAGR over last 5 years
  • Company's median sales growth is 16.2% of last 10 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.26% over last 3 years.
  • Earnings include an other income of Rs.8.22 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
59.55 50.45 64.01 56.94 50.26 54.93 55.20 72.76 84.23 49.87 73.70 75.03 89.40
57.00 48.82 62.13 54.83 48.40 53.38 52.81 69.94 81.28 47.49 70.44 71.36 92.13
Operating Profit 2.55 1.63 1.88 2.11 1.86 1.55 2.39 2.82 2.95 2.38 3.26 3.67 -2.73
OPM % 4.28% 3.23% 2.94% 3.71% 3.70% 2.82% 4.33% 3.88% 3.50% 4.77% 4.42% 4.89% -3.05%
0.00 0.00 0.71 0.16 0.00 0.50 0.37 0.53 0.67 0.51 0.44 1.83 5.44
Interest 0.33 0.31 0.38 0.45 0.57 0.49 0.77 0.70 0.52 0.93 0.96 1.00 0.99
Depreciation 0.37 0.35 0.33 0.34 0.33 0.34 0.27 0.30 0.31 0.28 0.28 0.28 0.44
Profit before tax 1.85 0.97 1.88 1.48 0.96 1.22 1.72 2.35 2.79 1.68 2.46 4.22 1.28
Tax % 30.27% 32.99% 30.32% 31.08% -5.21% 25.41% 24.42% 8.51% 17.56% 26.79% 28.86% 26.30% -7.81%
1.29 0.65 1.31 1.01 1.01 0.91 1.30 2.14 2.30 1.23 1.74 3.11 1.37
EPS in Rs 0.90 0.45 0.91 0.71 0.71 0.64 0.91 1.49 1.61 0.86 1.22 2.17 0.96
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
58 52 46 51 75 60 70 134 191 221 267 288
57 52 45 51 74 58 67 131 187 214 257 281
Operating Profit 1 0 0 -0 1 1 3 3 5 7 10 7
OPM % 1% 1% 0% -0% 1% 2% 4% 2% 2% 3% 4% 2%
1 2 2 2 2 1 1 2 2 2 2 8
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 1
Profit before tax 0 0 0 0 1 1 2 2 4 5 8 10
Tax % 55% 36% 24% 20% 6% 43% 31% 2% 36% 25% 18% 23%
0 0 0 0 1 0 1 2 3 4 7 7
EPS in Rs 0.13 0.21 0.24 0.27 0.46 0.30 0.93 1.69 1.85 2.79 4.65 5.20
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 33%
3 Years: 15%
TTM: 8%
Compounded Profit Growth
10 Years: 38%
5 Years: 41%
3 Years: 41%
TTM: 12%
Stock Price CAGR
10 Years: 24%
5 Years: 26%
3 Years: 33%
1 Year: -2%
Return on Equity
10 Years: 4%
5 Years: 7%
3 Years: 8%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 42 42 43 43 44 44 45 48 50 55 62 69
5 4 5 7 6 5 1 10 13 15 33 43
6 6 7 10 15 15 25 24 20 21 31 81
Total Liabilities 67 67 68 75 79 79 86 96 97 105 140 208
20 19 18 17 15 17 15 16 15 14 14 13
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
47 48 51 58 64 62 71 80 82 90 126 194
Total Assets 67 67 68 75 79 79 86 96 97 105 140 208

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3 2 2 4 -0 3 -0 1 0 3 -1 5
-0 -0 -0 -1 1 -3 -0 -0 0 1 -2 1
-2 -3 -1 -4 -1 -0 -1 -1 -1 -2 1 -4
Net Cash Flow 1 -1 1 -1 -0 1 -1 -0 -0 3 -2 2
Free Cash Flow 2 1 2 3 -0 1 -0 -1 -1 3 -1 4
CFO/OP 353% 523% 3,800% -2,312% -16% 242% 7% 63% 29% 55% 6% 112%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 131 172 203 178 185 174 183 116 69 75 82 66
Inventory Days 55 34 53 103 68 139 117 52 47 29 47 122
Days Payable 25 33 45 66 74 94 134 53 26 24 35 100
Cash Conversion Cycle 160 173 211 215 179 219 166 115 90 79 94 87
Working Capital Days 169 191 222 187 165 198 168 85 68 63 59 64
ROCE % 1% 1% 1% 1% 2% 2% 4% 5% 7% 9% 11% 11%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Trade Payables Turnover Ratio
Ratio

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Actual Production Volume
Metric Tonnes
Installed Capacity (Copper and Copper Alloy Products)
Metric Tonnes
Sales Volume
Metric Tonnes

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
44.42% 44.42% 44.42% 44.42% 44.42% 44.42% 44.42% 44.42% 44.42% 44.42% 44.42% 44.42%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.00% 0.18% 0.08% 0.25% 0.19%
0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
55.22% 55.22% 55.22% 55.22% 55.22% 55.21% 55.17% 55.23% 55.05% 55.14% 54.97% 55.03%
No. of Shareholders 9,4439,4269,9029,43210,62810,97112,29013,82414,48114,62520,59324,819

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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