Price
Financials
Standalone, Rs crore| Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 51 | 51 | 51 | 66 | 58 | 71 | 78 | 60 | 61 | 60 |
| Expenses | 48 | 48 | 47 | 62 | 52 | 66 | 74 | 53 | 56 | 56 |
| Operating Profit | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 7 | 4 | 4 |
| OPM % | 6% | 4.9% | 8% | 6% | 9% | 8% | 6% | 11% | 7% | 7% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 5 | 3 | 4 |
| Tax % | 39% | 15% | 28% | 27% | 29% | 28% | 29% | 28% | 30% | 28% |
| Net Profit | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 2 | 3 |
| EPS in Rs | 0.99 | 1.23 | 2.17 | 2.03 | 2.65 | 2.36 | 1.70 | 3.74 | 2.07 | 2.86 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 35 | 37 | 32 | 60 | 102 | 117 | 129 | 138 | 121 |
| Expenses | 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% |
| Other Income | 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% |
| Net Profit | 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% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 15% | 1% | -13% | ||
| Compounded Profit Growth | % | 30% | 5% | -16% | ||
| Stock Price CAGR | % | 32% | 34% | 0% | ||
| Return on Equity | % | 14% | 14% | 11% |
| 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 | |
| Borrowings | 17 | 15 | 20 | 26 | 20 | 28 | 29 | 29 | |
| Other Liabilities | 6 | 8 | 6 | 6 | 14 | 10 | 11 | 12 | |
| Total Liabilities | 33 | 34 | 38 | 52 | 58 | 70 | 77 | 82 | |
| Fixed Assets | 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 | |
| Other Assets | 19 | 21 | 26 | 40 | 46 | 52 | 59 | 65 | |
| Total Assets | 33 | 34 | 38 | 52 | 58 | 70 | 77 | 82 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | 9 | -3 | 2 | 5 | 8 | 2 | 4 | |
| Cash from Investing Activity | -4 | -0 | -1 | -2 | -2 | -7 | -1 | -1 | |
| Cash from Financing Activity | 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% |
| 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% |
| Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 61.03% | 61.03% | 61.03% | 61.12% | 55.62% | 56.22% | 56.20% | 56.96% | 56.96% | 57.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% |
| Public | 38.97% | 38.97% | 38.97% | 38.88% | 44.38% | 43.78% | 43.80% | 43.04% | 43.02% | 42.98% |
| No. of Shareholders | 390 | 337 | 299 | 274 | 297 | 325 | 408 | 407 | 320 | 362 |
Fundamentals
Market Cap₹ 152 Cr.
Current Price₹ 161
Stock P/E35.6
Book Value₹ 43.6
ROCE13.3 %
ROE11.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-13%
Compounded Profit Growth (TTM)-16%
Standalone figures.
Valuation
Market capRs 152 Cr
Enterprise valueRs 180 Cr
P/E (TTM)29.54x
Price to book4.16x
Price to sales1.10x
EV / EBITDA15.52x
EV / EBIT17.91x
EV / sales1.30x
Price to cash flow62.99x
Earnings yield3.39%
P/E, 3-year average10.55x
P/B, 3-year average1.58x
P/E, 5-year average12.22x
P/B, 5-year average1.61x
Profitability
Operating margin (excl. other income)8.14%
Operating margin (incl. other income)8.40%
EBITDA margin8.40%
Pre-tax margin5.16%
Net profit margin3.72%
ROE15.14%
ROCE16.04%
ROA7.01%
ROE, 3-year average16.55%
ROCE, 3-year average16.88%
ROA, 3-year average7.01%
ROE, 5-year average14.46%
ROCE, 5-year average14.70%
ROA, 5-year average5.70%
ROIC (approx.)11.17%
Tax rate27.87%
Other income / net worth0.99%
Growth
Sales growth (latest year)7.57%
Profit growth (latest year)8.67%
Sales CAGR, 3 years10.83%
Sales CAGR, 5 years34.02%
Profit CAGR, 3 years39.09%
Profit CAGR, 5 years45.81%
Per share
EPS (TTM)Rs 5.44
EPS (latest year)Rs 5.44
EPS, 3-year averageRs 4.88
EPS, 5-year averageRs 3.74
Book value per shareRs 38.66
Sales per shareRs 146.38
Cash flow per shareRs 2.55
Free cash flow per shareRs 4.23
Efficiency
Asset turnover1.80x
Fixed asset turnover13.29x
Inventory turnover5.03x
Inventory days73 days
Debtor days67 days
Debtors turnover5.45x
Creditor days15 days
Cash conversion cycle164 days
Working capital days61 days
Leverage
Total debtRs 29 Cr
Cash and bankRs 1 Cr
Net debtRs 28 Cr
Debt to equity0.81x
Net debt / EBITDA2.45x
Interest coverage3.44x
Owners' fund to total sources47.57%
Debt to assets38.37%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years1.00x
Sales to cash flow57.40x
Statement figures
Net sales (TTM)Rs 138 Cr
Net sales (latest year)Rs 138 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 121 Cr
Total expenditure (latest year)Rs 127 Cr
Total income (latest year)Rs 139 Cr
Share capitalRs 9 Cr
ReservesRs 27 Cr
Shareholders' fundsRs 37 Cr
Total assetsRs 77 Cr
Net blockRs 10 Cr
InvestmentsRs 7 Cr
ReceivablesRs 25 Cr
InventoryRs 24 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)0.94
Ownership
Promoter holding57.00% (+0.78 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 29.5 is at the 30th percentile of its own 5.1-year range
(median 32.8, low 15.1, high 63.0).
P/B 4.16 is at the 74th percentile (median 3.50).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | REXPIPES | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.8% | -2.8% | -5.0 pts |
| 1 month | -18.0% | -6.8% | -11.2 pts |
| 3 months | +14.8% | -7.6% | +22.4 pts |
| 6 months | +12.8% | +0.4% | +12.4 pts |
| 1 year | +108.6% | -9.9% | +118.6 pts |
| 2 years | +115.3% | -13.6% | +128.9 pts |
| 3 years | +99.6% | +14.2% | +85.4 pts |
| 5 years | +514.3% | +27.9% | +486.4 pts |
Red flags
F-score 4 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹60 Cr -15.5% vs Mar 2024.
Net profit ₹3 Cr +50.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Supreme Industries Ltd | 43,771 | 42.4 | 20.7 % |
| Astral Ltd | 36,939 | 62.4 | 19.2 % |
| Garware Hi Tech Films Ltd | 16,301 | 42.0 | 18.1 % |
| Finolex Industries Ltd | 9,379 | 15.2 | 11.8 % |
| Time Technoplast Ltd | 9,079 | 18.5 | 16.5 % |
| Kingfa Science & Technology (India) Ltd | 8,842 | 39.2 | 23.2 % |
| Prince Pipes & Fittings Ltd | 2,830 | 27.2 | 6.03 % |
| Apollo Pipes Ltd | 2,258 | 1.23 % | |
| Jain Irrigation Systems Ltd | 2,065 | 5.30 % | |
| Jai Corp Ltd | 1,611 | 17.1 | 11.8 % |
| Premier Polyfilm Ltd | 1,007 | 28.8 | 28.9 % |
| R M Drip & Sprinklers Systems Ltd | 1,004 | 28.5 | 38.3 % |
| Prakash Pipes Ltd | 591 | 12.0 | 12.4 % |
| Shish Industries Ltd | 574 | 168 | 6.80 % |
| Dhabriya Polywood Ltd | 500 | 15.4 | 25.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is over
Quick answers
What is the market cap of Rex Pipes & Cables Industries Ltd?
Rex Pipes & Cables Industries Ltd (REXPIPES) has a market capitalisation of Rs 152 Cr. at the 2026-08-24 close.
What is the P/E ratio of Rex Pipes & Cables Industries Ltd?
Rex Pipes & Cables Industries Ltd trades at a P/E of 35.6 on trailing twelve-month profit, at the 2026-08-24 close.
What were Rex Pipes & Cables Industries Ltd's latest quarterly results?
In the Mar 2026 quarter, Rex Pipes & Cables Industries Ltd sales was Rs 60 Cr (-15.5% vs Mar 2024) and net profit was Rs 3 Cr.
What is the 52-week high and low of Rex Pipes & Cables Industries Ltd?
The 52-week high is Rs 208.00 and the 52-week low is Rs 130.20.