Texmo Pipes & Products Ltd
Company manufactures polyvinyl chloride (PVC) pipes, high-density polyethylene (HDPE) pipes, soil, waste and rainwater (SWR) pipes, and suction pipes. Headquartered at Burhanpur (Madhya Pradesh).
It has branch offices in Maharashtra, Madhya Pradesh, Rajasthan, Gujarat, Andhra Pradesh, Delhi and Chhattisgarh. Its manufacturing facility at Burhanpur (Madhya Pradesh) has a capacity of 2500 tonnes per annum.[1]
- Market Cap ₹ 212 Cr.
- Current Price ₹ 72.5
- High / Low ₹ 89.4 / 41.0
- Stock P/E
- Book Value ₹ 67.1
- Dividend Yield 0.00 %
- ROCE -16.9 %
- ROE -28.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.08 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -5.31% over last 3 years.
- Company's cost of borrowing seems high
* 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
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
175 | 205 | 237 | 309 | 253 | 295 | 249 | 306 | 326 | 425 | 563 | 635 | 700 | |
156 | 190 | 220 | 287 | 232 | 280 | 237 | 289 | 303 | 396 | 527 | 667 | 723 | |
Operating Profit | 19 | 15 | 17 | 22 | 20 | 15 | 12 | 17 | 22 | 29 | 35 | -32 | -23 |
OPM % | 11% | 7% | 7% | 7% | 8% | 5% | 5% | 6% | 7% | 7% | 6% | -5% | -3% |
1 | 1 | 2 | 2 | 2 | 4 | 4 | 2 | 0 | 1 | 1 | -11 | -11 | |
Interest | 9 | 9 | 10 | 13 | 13 | 12 | 10 | 10 | 11 | 9 | 9 | 13 | 12 |
Depreciation | 5 | 5 | 5 | 5 | 6 | 7 | 5 | 6 | 6 | 6 | 8 | 11 | 11 |
Profit before tax | 6 | 2 | 3 | 5 | 4 | 0 | 1 | 4 | 6 | 14 | 19 | -67 | -57 |
Tax % | 30% | 44% | 27% | 31% | 26% | 562% | 88% | 18% | 32% | 23% | 26% | -7% | |
4 | 1 | 2 | 3 | 3 | -1 | 0 | 3 | 4 | 11 | 14 | -72 | -63 | |
EPS in Rs | 1.76 | 0.53 | 0.78 | 1.43 | 1.39 | -0.56 | 0.06 | 1.13 | 1.50 | 3.71 | 4.87 | -24.58 | -21.71 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 21% |
3 Years: | 25% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -954% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 27% |
3 Years: | 50% |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -3% |
3 Years: | -5% |
Last Year: | -28% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 25 | 26 | 26 | 29 | 29 | 29 | 29 |
Reserves | 92 | 97 | 104 | 110 | 117 | 166 | 167 | 176 | 187 | 197 | 214 | 158 | 167 |
65 | 49 | 58 | 54 | 59 | 67 | 60 | 51 | 50 | 28 | 38 | 30 | 45 | |
50 | 26 | 38 | 53 | 58 | 81 | 80 | 91 | 80 | 82 | 83 | 90 | 100 | |
Total Liabilities | 231 | 196 | 224 | 241 | 259 | 338 | 332 | 345 | 343 | 336 | 364 | 307 | 340 |
49 | 49 | 47 | 45 | 43 | 110 | 109 | 113 | 114 | 111 | 143 | 139 | 137 | |
CWIP | 2 | 0 | 0 | 0 | 1 | 1 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 26 | 7 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
154 | 140 | 170 | 196 | 215 | 227 | 219 | 232 | 228 | 225 | 221 | 168 | 203 | |
Total Assets | 231 | 196 | 224 | 241 | 259 | 338 | 332 | 345 | 343 | 336 | 364 | 307 | 340 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | 5 | 9 | 22 | 12 | 8 | 24 | 20 | 20 | 27 | 41 | -43 | |
-33 | 19 | -9 | -4 | -5 | -5 | -9 | -7 | -9 | -0 | -29 | 64 | |
42 | -22 | 0 | -17 | -8 | -3 | -14 | -14 | -12 | -27 | -11 | -20 | |
Net Cash Flow | -6 | 1 | -0 | 1 | -1 | -1 | 1 | -1 | 0 | -0 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 117 | 92 | 85 | 103 | 139 | 57 | 60 | 73 | 50 | 38 | 29 | 32 |
Inventory Days | 186 | 103 | 115 | 100 | 139 | 126 | 127 | 98 | 108 | 62 | 55 | 52 |
Days Payable | 102 | 40 | 53 | 57 | 79 | 75 | 91 | 91 | 69 | 48 | 39 | 35 |
Cash Conversion Cycle | 201 | 155 | 146 | 145 | 198 | 109 | 96 | 80 | 89 | 52 | 44 | 49 |
Working Capital Days | 182 | 173 | 171 | 136 | 181 | 90 | 104 | 92 | 89 | 67 | 45 | 46 |
ROCE % | 10% | 6% | 7% | 10% | 9% | 5% | 4% | 5% | 7% | 9% | 11% | -17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Newspaper Publication of Financial Results for the period ended September 30, 2023
- Financial Results For The Period Ended September 30, 2023 9 Nov
- Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On 09Th November, 2023 9 Nov
- Board Meeting Intimation for Q2 FY 2023-24 Results On November 09, 2023 2 Nov
- Closure of Trading Window 2 Nov
Annual reports
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Products
CPVC (chlorinated polyvinyl chloride) Pipes & Fittings, SWR (Soil, Waste & Rain) Pipes & Fittings, Plumbing Pipes And Fittings
Submersible Column Pipe, Rigid PVC Pipes & Agricultural Fittings, Casing Pipes For Tube Well
HDPE Coils: for potable water supply, irrigation schemes, chemicals and edibles transportation
PLB HDPE Duct - provides housing for fiber optic cable and metal cable
HDPE Sprinkler Pipes & Fittings, Drip Irrigation Systems, Suction Hose, Garden Pipes
Conduit Pipes - used to protect and route electrical wiring in a building or structure
Solvent Cement - an adhesive substance used to join two pieces of PVC.[1]