Rex Pipes & Cables Industries Ltd
Incorporated in 2002, Rex Pipes And Cables Industries Ltd trades in water pumps, flat cables and pipes
- Market Cap ₹ 152 Cr.
- Current Price ₹ 161
- High / Low ₹ 208 / 130
- Stock P/E 35.6
- Book Value ₹ 43.6
- Dividend Yield 0.00 %
- ROCE 13.3 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 74.9 to 103 days.
- Promoter holding has decreased over last 3 years: -4.12%
* 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 Plastic Products - Industrial
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 35 | 37 | 32 | 60 | 102 | 117 | 129 | 138 | 121 | |
| 32 | 33 | 27 | 55 | 96 | 109 | 118 | 127 | 112 | |
| Operating Profit | 3 | 4 | 5 | 5 | 6 | 9 | 11 | 11 | 8 |
| OPM % | 8% | 10% | 15% | 8% | 6% | 7% | 8% | 8% | 7% |
| 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | |
| Interest | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 1 |
| Profit before tax | 2 | 2 | 1 | 2 | 3 | 5 | 7 | 7 | 7 |
| Tax % | 25% | 33% | 25% | 28% | 27% | 28% | 28% | 28% | 29% |
| 1 | 1 | 1 | 1 | 2 | 4 | 5 | 5 | 5 | |
| EPS in Rs | 2.05 | 2.11 | 1.26 | 1.82 | 2.22 | 4.21 | 5.01 | 5.44 | 4.93 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 1% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 5% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 26% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 9 | |
| Reserves | 3 | 4 | 5 | 11 | 14 | 22 | 27 | 32 | |
| 17 | 15 | 20 | 26 | 20 | 28 | 29 | 29 | ||
| 6 | 8 | 6 | 6 | 14 | 10 | 11 | 12 | ||
| Total Liabilities | 33 | 34 | 38 | 52 | 58 | 70 | 77 | 82 | |
| 14 | 12 | 12 | 12 | 12 | 12 | 10 | 10 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Investments | 0 | 0 | 0 | 0 | 0 | 6 | 7 | 7 | |
| 19 | 21 | 26 | 40 | 46 | 52 | 59 | 65 | ||
| Total Assets | 33 | 34 | 38 | 52 | 58 | 70 | 77 | 82 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 9 | -3 | 2 | 5 | 8 | 2 | 4 | ||
| -4 | -0 | -1 | -2 | -2 | -7 | -1 | -1 | ||
| 2 | -9 | 4 | 3 | -4 | -1 | -4 | -3 | ||
| Net Cash Flow | 0 | -0 | 0 | 3 | -1 | 0 | -2 | 0 | |
| Free Cash Flow | -2 | 8 | -4 | 0 | 3 | 7 | 2 | 4 | |
| CFO/OP | 76% | 192% | -62% | 53% | 78% | 97% | 40% | 74% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 111 | 60 | 63 | 76 | 54 | 67 | 103 | |
| Inventory Days | 80 | 149 | 93 | 60 | 43 | 81 | 77 | 75 | |
| Days Payable | 54 | 100 | 20 | 11 | 35 | 17 | 18 | 15 | |
| Cash Conversion Cycle | 116 | 160 | 133 | 112 | 85 | 118 | 126 | 164 | |
| Working Capital Days | 21 | -25 | 34 | 29 | 32 | 32 | 43 | 61 | |
| ROCE % | 11% | 12% | 11% | 16% | 18% | 16% | 13% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Export Sales (FOB Value) INR Lakhs |
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| Import of Components (CIF Value) INR Lakhs |
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| Number of Permanent Employees count |
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| Electricity Consumption per Unit of Production KWH/MT |
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| Solar Plant Generation KWH |
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| Number of Manufacturing Plants count |
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| Product Mix - PVC/HDPE Pipes Share of Total Turnover % |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
- Newspaper advertisement published on August 22, 2026 for the company’s 24th AGM notice.
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Shareholders meeting
- Rex Pipes calls 24th AGM on 15 Sep 2026, seeking director appointment and related-party approvals up to ₹16 crore.
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Resignation of Director/KMP/SMP
- Rex Pipes And Cables Industries Limited has informed about Resignation of Director/KMP/SMP
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Resignation of Director/KMP/SMP
- Rex Pipes And Cables Industries Limited has informed about Resignation of Director/KMP/SMP
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General Updates
- 24th AGM on 15 September 2026; remote e-voting from 12-14 September, scrutinizer appointed.
Business Overview[1]
The Company manufactures and trades PVC and HDPE pipes, wires and cables, fittings and related accessories under the “REX” brand, catering to agriculture, power, construction, engineering, domestic and infrastructure applications. Its manufacturing facilities are located in the Sikar region of Rajasthan, and it has also diversified into bus-body fabrication under the “Rex Coaches” brand.