MarketFriction

Texmo Pipes & Products Ltd

NSE TEXMOPIPES · BSE 533164 · Plastic Products - Industrial
₹53.70 -2.51%
NSE close2026-10-01
52 week range33.00 - 64.50
Market cap₹156 Cr.
P/E10.3
Price band 20% Delivery 59.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales122.69122.4785.02118.7863.99109.8498.59105.2263.05110.0097.44117.46
Expenses116.71115.0979.56105.7858.3199.9891.9796.9056.8699.8589.84106.21
Operating Profit5.987.385.4613.005.689.866.628.326.1910.157.6011.25
OPM %4.87%6.03%6.42%10.94%8.88%8.98%6.71%7.91%9.82%9.23%7.80%9.58%
Other Income0.160.32-4.970.260.250.531.000.830.770.261.451.17
Interest2.171.521.581.802.011.211.051.141.301.131.571.61
Depreciation2.622.622.803.473.363.463.502.612.652.732.802.55
Profit before tax1.353.56-3.897.990.565.723.075.403.016.554.688.26
Tax %30.37%30.34%74.29%22.78%-160.71%21.68%-90.88%3.89%29.24%27.02%61.32%22.40%
Net Profit0.942.48-6.786.171.464.485.855.202.124.781.826.41
EPS in Rs0.320.85-2.311.950.871.722.031.750.801.730.532.12
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales253295249306326425563635530389374388
Expenses232280237289303396527667497354343353
Operating Profit20151217222935-3233363235
OPM %8%5%4.9%6%7%7%6%-5%6%9%9%9%
Other Income2442011-11-4254
Interest131210101199138666
Depreciation67566681111141111
Profit before tax401461419-6710172022
Tax %26%562%88%18%32%23%26%7%55%-4%29%
Net Profit3-10341114-725181415
EPS in Rs1.39-0.560.061.131.503.714.87-24.581.596.574.815.18
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%-2%-16%3%
Compounded Profit Growth17%5%31%-19%
Stock Price CAGR7%0%-7%-3%
Return on Equity1%-1%7%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital242424252626292929292929
Reserves110117166167176187197214158168187201
Borrowings545967605150283830566455
Other Liabilities535881809180828390948189
Total Liabilities241259338332345343336364307347361374
Fixed Assets4543110109113114111143139167142139
CWIP011400000010
Investments000000000000
Other Assets196215227219232228225221168180218234
Total Assets241259338332345343336364307347361374
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity221282420202741-4320201
Cash from Investing Activity-4-5-5-9-7-9-0-2964-362-2
Cash from Financing Activity-17-8-3-14-14-12-27-11-20171-15
Net Cash Flow1-1-11-10-000024-16
Free Cash Flow209-21613142514-50-1730-7
CFO/OP103%67%57%211%121%97%102%130%119%78%74%20%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days10313957607350382932457589
Inventory Days100139126127981086255526574109
Days Payable577975919169483935454869
Cash Conversion Cycle14519810996808952444965102129
Working Capital Days84113304346434839435274101
ROCE %10%9%5%4%5%7%9%11%-17%10%9%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters44.24%44.24%44.24%44.24%44.24%44.24%44.24%44.24%44.24%44.24%44.24%44.24%
FIIs0.63%0.60%0.27%0.29%0.25%0.24%0.24%0.22%0.22%0.22%0.22%0.22%
Public55.14%55.15%55.50%55.46%55.50%55.53%55.52%55.53%55.54%55.53%55.53%55.54%
No. of Shareholders49,48647,04547,31845,32646,06245,41645,24644,74843,79642,82441,96641,578

Fundamentals

Market Cap₹ 156 Cr.
Current Price₹ 53.7
Stock P/E10.3
Book Value₹ 79.0
ROCE9.20 %
ROE6.30 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)-19%
Consolidated figures.
Valuation
Market capRs 157 Cr
Enterprise valueRs 201 Cr
P/E (TTM)10.37x
Price to book0.68x
Price to sales0.40x
EV / EBITDA5.17x
EV / EBIT7.14x
EV / sales0.52x
Price to cash flow158.36x
Earnings yield9.64%
P/E, 3-year average21.01x
P/B, 3-year average0.74x
P/E, 5-year average19.66x
P/B, 5-year average0.77x
Profitability
Operating margin (excl. other income)8.51%
Operating margin (incl. other income)9.78%
EBITDA margin10.01%
Pre-tax margin5.80%
Net profit margin3.90%
Net margin, latest quarter5.26%
ROE6.29%
ROCE9.14%
ROA3.83%
ROE, 3-year average6.00%
ROCE, 3-year average8.60%
ROA, 3-year average3.55%
ROE, 5-year average-1.86%
ROCE, 5-year average2.93%
ROA, 5-year average-1.33%
ROIC (approx.)7.25%
Tax rate29.24%
Other income / net worth2.05%
Growth
Sales growth (latest year)-3.77%
Profit growth (latest year)-26.75%
Sales CAGR, 3 years-16.14%
Sales CAGR, 5 years-2.48%
Profit CAGR, 5 years5.34%
Sales growth QoQ20.55%
Profit growth QoQ296.15%
Sales growth YoY (latest quarter)11.63%
Profit growth YoY (latest quarter)20.70%
Per share
EPS (TTM)Rs 5.18
EPS (latest year)Rs 4.81
EPS (latest quarter)Rs 2.12
EPS, 3-year averageRs 4.32
EPS, 5-year averageRs -1.35
Book value per shareRs 78.95
Sales per shareRs 132.88
Cash flow per shareRs 0.34
Free cash flow per shareRs -2.40
Efficiency
Asset turnover1.00x
Fixed asset turnover2.69x
Inventory turnover3.71x
Inventory days98 days
Debtor days89 days
Debtors turnover4.12x
Creditor days69 days
Cash conversion cycle129 days
Working capital days101 days
Leverage
Total debtRs 55 Cr
Cash and bankRs 11 Cr
Net debtRs 44 Cr
Debt to equity0.24x
Net debt / EBITDA1.13x
Interest coverage5.01x
Owners' fund to total sources61.70%
Debt to assets14.59%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -15 Cr
Net Cash Flow (latest year)Rs -16 Cr
Free cash flow (latest year)Rs -7 Cr
FCFE (approx.: FCF + change in debt)Rs -16 Cr
Sales to cash flow378.20x
Statement figures
Net sales (TTM)Rs 388 Cr
Net sales (latest year)Rs 374 Cr
Sales (latest quarter)Rs 117 Cr
Operating profit excl. other income (latest year)Rs 32 Cr
Operating profit (latest quarter)Rs 11 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 39 Cr
PBDT (TTM)Rs 33 Cr
Profit before tax (TTM)Rs 22 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 15 Cr
Net profit (latest year)Rs 14 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 11 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 278 Cr
Total expenditure (latest year)Rs 343 Cr
Total income (latest year)Rs 379 Cr
Share capitalRs 29 Cr
ReservesRs 201 Cr
Shareholders' fundsRs 230 Cr
Total assetsRs 374 Cr
Net blockRs 139 Cr
ReceivablesRs 91 Cr
InventoryRs 75 Cr
Other liabilitiesRs 89 Cr
Shares outstanding (crore)2.92
Ownership
Promoter holding44.24% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 10.4 is at the 27th percentile of its own 7.1-year range (median 14.1, low 5.2, high 396.0).
P/B 0.68 is at the 55th percentile (median 0.62).
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.
PeriodTEXMOPIPESNifty 50Difference
1 week-7.5%-2.8% -4.7 pts
1 month+16.9%-6.8% +23.7 pts
3 months+22.2%-7.6% +29.9 pts
6 months+62.3%+0.4% +61.9 pts
1 year-7.4%-9.9% +2.5 pts
2 years-28.1%-13.6% -14.5 pts
3 years-20.3%+14.2% -34.5 pts
5 years+3.4%+27.9% -24.5 pts

Red flags

F-score 4 of 8
lookInventory outrunning sales Inventory grew 36% vs sales -4% in 2026
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

Jun 2026
Sales ₹117 Cr +11.6% vs Jun 2025. Net profit ₹6 Cr +23.3%.
Against our estimate for Jun 2026: sales +12.2%, profit +58.9% beat. Our estimate for Sep 2026: sales Rs 66 Cr, profit Rs 3 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-18Annual General Meeting
2022-12-21Extra Ordinary General Meeting
2022-09-21Annual General Meeting
2021-09-21 Annual General Meeting
2020-10-06 Annual General Meeting
2019-12-10 Extra Ordinary General Meeting
2019-09-17 Annual General Meeting
2019-03-07 Extra Ordinary General Meeting
2018-09-18 Annual General Meeting
2017-09-14 Annual General Meeting
2016-09-22 Annual General Meeting
2015-09-18 Annual General Meeting
2014-09-18Annual General Meeting
2013-09-19Annual General Meeting
2012-09-17Annual General Meeting
2011-09-22Annual General Meeting
2010-09-20Annual General Meeting
DateTypeWhat it says
2026-09-30Granting/withdrawal/surrendeGranting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
2026-09-14Shareholder meetingVoting results.
2026-09-11Credit RatingCredit Rating
2026-09-11Shareholder meetingProceedings of Annual General Meeting held on September 11, 2026
2026-09-10Price movementSignificant movement in price has been observed in Texmo Pipes and Products Limited. The Exchange, in order to ensure that investors have latest relev...
2026-09-10Price movementSignificant movement in price has been observed in Texmo Pipes and Products Limited. The Exchange, in order to ensure that investors have latest relev...
2026-09-02UpdatesSubmission of Corrigendum to Notice of 18th Annual General Meeting.
2026-09-02Shareholder meetingNotice of undefined to be held on September 11, 2026
2026-08-21Record DateRecord date for the purpose of Meeting is 04-Sep-2026.
2026-08-21Shareholder meetingNotice of Annual General Meeting to be held on September 11, 2026
2026-08-12UpdatesRe-Appointment of Mrs. Rashmi Agrawal, Whole Time Director who is liable to retire by rotation.
2026-08-12Updates18th Annual General Meeting (AGM) on Friday, September 11, 2026 at 12:30 PM.
2026-08-12Preferential issuePreferential issue
2026-08-12UpdatesUpdates pertaining to outcome of Board Meeting held on August 12, 2026.
2026-08-12Board meeting outcomeTexmo Pipes and Products Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-12Disclosure under SEBI TakeovSanjay Kumar Agrawal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substant...
2026-05-28UpdatesAnnouncements and Updates pertaining to Outcome of Board Meeting held on May 28, 2026.
2026-05-28Board meeting outcomeTexmo Pipes and Products Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-02-27UpdatesSubmission of machine readabale and searchable file pertaining to Financial Results as per Outcome of Board Meeting held on February 10, 2026 being su...
2026-02-10Board meeting outcomeBoard meeting held on February 10, 2026.
2026-02-10Board meeting outcomeTexmo Pipes and Products Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-11-13Board meeting outcomeBoard meeting held on November 13, 2025.
2025-11-13Board meeting outcomeTexmo Pipes and Products Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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.
Order dateForumCase
2020-02-14CESTATTEXMO PIPES AND PRODUCTS LIMITED ---VS.--- UJJAIN
2019-11-26CESTATTEXMO PIPES AND PRODUCTS LIMITED ---VS.--- UJJAIN
2019-08-30CESTATTEXMO PIPES AND PRODUCTS LIMITED ---VS.--- UJJAIN
2019-07-11CESTATTEXMO PIPES AND PRODUCTS LIMITED ---VS.--- UJJAIN
2019-05-20CESTATTEXMO PIPES AND PRODUCTS LIMITED ---VS.--- UJJAIN
2019-04-15CESTATTEXMO PIPES AND PRODUCTS LIMITED ---VS.--- UJJAIN
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Texmo Pipes & Products Ltd?

Texmo Pipes & Products Ltd (TEXMOPIPES) has a market capitalisation of Rs 156 Cr. at the 2026-10-01 close.

What is the P/E ratio of Texmo Pipes & Products Ltd?

Texmo Pipes & Products Ltd trades at a P/E of 10.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Texmo Pipes & Products Ltd's latest quarterly results?

In the Jun 2026 quarter, Texmo Pipes & Products Ltd sales was Rs 117 Cr (+11.6% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of Texmo Pipes & Products Ltd?

The 52-week high is Rs 64.50 and the 52-week low is Rs 33.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03