Texmo Pipes & Products Ltd

Texmo Pipes & Products Ltd

₹ 44.4 2.56%
12 Jun - close price
About

Incorporated in 2008, Texmo Pipes and Products manufactures and trades PVC, HDPE, SWR, Sprinkler, Drip, CPVC Pipes & Fittings[1]

Key Points

Product Profile:
a) Water Tank[1]
b) CPVC Pipes and Fittings[2]
c) SWR Pipes & Fittings[3]
d) Plumbing Pipes and Fittings[4]
e) Submersible Column Pipe[5]
f) Rigid PVC Pipes & Agricultural Fittings[6]
g) Casing Pipes For Tube Well[7]
h) HDPE Coils[8]
i) PLB HDPE Duct[9]
j) HDPE Sprinkler Pipes & Fittings[10]
k) Drip Irrigation System[11]
l) Suction Hose[12]
m) Garden Pipes[13]
n) Conduit Pipes[14]
o) Solvent Cement[15]

  • Market Cap 130 Cr.
  • Current Price 44.4
  • High / Low 69.0 / 33.0
  • Stock P/E 11.5
  • Book Value 77.2
  • Dividend Yield 0.00 %
  • ROCE 8.02 %
  • ROE 5.13 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.58 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -3.65% over past five years.
  • Company has a low return on equity of 6.83% over last 3 years.
  • Debtor days have increased from 72.5 to 95.1 days.

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
166.89 204.04 122.69 122.47 89.14 110.79 60.89 103.56 90.81 91.79 60.74 104.88 95.19
149.02 189.50 116.70 115.04 79.09 101.11 55.82 95.01 86.54 85.62 56.78 96.74 90.53
Operating Profit 17.87 14.54 5.99 7.43 10.05 9.68 5.07 8.55 4.27 6.17 3.96 8.14 4.66
OPM % 10.71% 7.13% 4.88% 6.07% 11.27% 8.74% 8.33% 8.26% 4.70% 6.72% 6.52% 7.76% 4.90%
-12.09 0.24 0.16 0.32 -4.99 0.27 0.86 0.87 1.13 0.78 0.69 0.43 1.37
Interest 3.20 3.07 2.17 1.52 1.48 1.78 1.37 0.81 0.64 0.53 0.66 0.64 1.01
Depreciation 2.69 2.60 2.62 2.62 2.61 2.45 2.30 2.36 2.30 1.76 1.75 1.73 1.76
Profit before tax -0.11 9.11 1.36 3.61 0.97 5.72 2.26 6.25 2.46 4.66 2.24 6.20 3.26
Tax % 2,409.09% 12.73% 30.15% 29.92% 286.60% 23.60% -35.40% 21.92% -108.94% 1.72% 31.25% 25.16% 84.66%
-2.75 7.95 0.95 2.53 -1.80 4.37 3.07 4.88 5.15 4.58 1.54 4.64 0.51
EPS in Rs -0.94 2.72 0.33 0.87 -0.62 1.50 1.05 1.67 1.76 1.57 0.53 1.59 0.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
241 253 257 243 306 326 425 563 635 534 364 353
220 232 242 231 289 303 396 527 594 498 336 330
Operating Profit 22 21 15 12 17 23 29 35 41 37 28 23
OPM % 9% 8% 6% 5% 6% 7% 7% 6% 6% 7% 8% 6%
1 2 4 4 2 0 1 1 -11 -3 3 5
Interest 13 13 12 10 10 11 9 9 13 8 5 4
Depreciation 5 6 7 5 6 6 6 8 11 10 9 7
Profit before tax 5 5 1 1 4 6 14 20 6 15 17 16
Tax % 32% 24% 320% 79% 16% 30% 22% 26% 81% 36% -5% 31%
3 4 -1 0 3 4 11 15 1 10 17 11
EPS in Rs 1.39 1.57 -0.47 0.11 1.27 1.65 3.85 5.00 0.39 3.30 5.98 3.86
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -4%
3 Years: -18%
TTM: -3%
Compounded Profit Growth
10 Years: 13%
5 Years: 0%
3 Years: 55%
TTM: -36%
Stock Price CAGR
10 Years: 4%
5 Years: -1%
3 Years: -9%
1 Year: -31%
Return on Equity
10 Years: 5%
5 Years: 6%
3 Years: 7%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 24 24 24 25 26 26 29 29 29 29 29 29
Reserves 97 101 119 120 125 129 142 156 158 167 185 196
54 59 66 60 51 50 28 38 30 39 37 29
53 58 81 80 91 80 82 83 90 85 79 82
Total Liabilities 228 242 291 285 294 286 280 306 307 320 331 336
45 43 110 109 113 114 111 143 139 134 113 106
CWIP 0 0 0 3 0 0 0 0 0 0 0 0
Investments 46 46 12 12 12 12 12 12 6 11 21 21
137 152 168 160 169 159 158 152 162 175 196 209
Total Assets 228 242 291 285 294 286 280 306 307 320 331 336

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
21 12 8 23 18 17 29 38 15 19 30 -13
-3 -5 -5 -9 -4 -6 -2 -27 6 -21 -2 7
-18 -8 -4 -14 -14 -12 -27 -11 -20 2 -6 -12
Net Cash Flow 1 -1 -0 1 -1 0 -0 0 0 -0 23 -18
Free Cash Flow 20 9 -2 16 11 11 26 12 8 14 41 -13
CFO/OP 103% 66% 59% 210% 106% 83% 107% 123% 49% 69% 126% -35%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 46 51 66 61 73 50 38 29 32 45 78 95
Inventory Days 136 139 150 131 98 108 62 55 52 60 67 89
Days Payable 78 79 89 94 91 69 48 39 35 39 47 58
Cash Conversion Cycle 103 111 127 98 80 89 52 44 49 66 98 126
Working Capital Days 21 27 35 45 46 43 48 40 43 53 69 105
ROCE % 10% 10% 6% 5% 6% 9% 12% 14% 14% 13% 9% 8%

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
Production Volume
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Permanent Employee Strength
Number
Installed Capacity
MTPA
Product Portfolio (SKUs)
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
44.24% 44.24% 44.24% 44.24% 44.24% 44.24% 44.24% 44.24% 44.24% 44.24% 44.24% 44.24%
0.85% 0.63% 0.60% 0.27% 0.29% 0.25% 0.24% 0.24% 0.22% 0.22% 0.22% 0.22%
54.92% 55.14% 55.15% 55.50% 55.46% 55.50% 55.53% 55.52% 55.53% 55.54% 55.53% 55.53%
No. of Shareholders 53,07749,48647,04547,31845,32646,06245,41645,24644,74843,79642,82441,966

* 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.

Click on the line-items to see the names of individual entities.

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