Cubex Tubings Ltd
Incorporated in 1979, Cubex Tubings Ltd is
a manufacturer of copper and copper alloy products
- 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.
Peer comparison
Industrials Capital Goods Industrial Products Aluminium, Copper & Zinc Products
Quarterly Results
Figures in Rs. Crores
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 |
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| Installed Capacity (Copper and Copper Alloy Products) Metric Tonnes |
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| Sales Volume Metric Tonnes |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Outcome for AUDTIED RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2026
15 May - Board approved FY26 audited results; net profit Rs 745.39 lakh, revenue Rs 28,800.55 lakh.
- AUDTIED RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2026 15 May
-
Update on board meeting
5 May - Board meeting on 15 May 2026 to consider audited financial results for quarter and year ended 31 March 2026.
-
Board Meeting Intimation for BOARD MEETING INTIMATION
4 May - Board meeting on 15 May 2025 to approve audited FY2026 and Q4 results.
-
DISCLOSURE - NOT A LARGE BODY CORPORATE
14 Apr - Cubex Tubings confirms FY26 not a Large Corporate and raised no debt securities.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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