What does Texmo Pipes do?

Texmo Pipes & Products Ltd manufactures and trades pipes and fittings, classified as a Micro Cap company. As of March 2025, it reported net sales of ₹99 Cr and a net profit of ₹6 Cr.

Overview:<BR>Texmo Pipes & Products Ltd is engaged in the manufacturing and trading of various types of pipes and fittings, operating within the Plastic Products - Industrial industry and classified as a Micro Cap company.<BR><BR>History:<BR>Texmo Pipes and Products Limited was originally formed as a Partnership Firm named M/s Shree Mohit Industries on 13 May 1999 and transitioned to a Public Limited Company on 3rd July 2008. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 99 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 6 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 190 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 41<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.15<BR>- Return on Equity: 8.87%<BR>- Price to Book: 0.89<BR><BR>Contact Details:<BR>Address: 98 Bahadarpur Road, Burhanpur Madhya Pradesh: 450331 <BR>Tel: 91-7325-255122/252353 <BR>Email: cs@texmopipe.com <BR>Website: http://www.texmopipe.com

Who are in the management team of Texmo Pipes?

As of March 2022, the management team of Texmo Pipes includes Sanjay Agrawal (Managing Director), Vijay Prasad Pappu (Whole Time Director & CFO), Rashmi Devi Agrawal (Chairperson & Whole Time Director), Parvez Anjum and Smita Hajari (Independent Directors), and Abdul Quader Motorwala (Additional Director). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Texmo Pipes includes the following individuals:<BR><BR>1. Sanjay Agrawal - Managing Director<BR>2. Vijay Prasad Pappu - Whole Time Director & CFO<BR>3. Rashmi Devi Agrawal - Chairperson & Whole Time Director<BR>4. Parvez Anjum - Independent Director<BR>5. Smita Hajari - Independent Director<BR>6. Abdul Quader Motorwala - Additional Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Has Texmo Pipes declared dividend?

No Dividend History Available

Who are the peers of the Texmo Pipes?

Texmo Pipes' peers include Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer, Hind.Adhesive, Candour Techtex, National Plastic, and Rungta Irrigatn. In terms of management risk, growth, and capital structure, Texmo Pipes ranks below average compared to its peers, with a 1-year return of -16.63%.

Peers: The peers of Texmo Pipes are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Hind.Adhesive, Candour Techtex, National Plastic, and Rungta Irrigatn.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds. and the rest, while Good management risk is found at Astral, Finolex Inds., Shaily Engineer., and the rest. Average management risk is noted at Garware Hi Tech, Hind.Adhesive, National Plastic, and the rest, while Below Average management risk is seen at Texmo Pipes, Candour Techtex, and Rungta Irrigatn. In terms of Growth, Excellent growth is seen at Shaily Engineer. and the rest, Good growth is observed at Astral, while Average growth is noted at Garware Hi Tech, National Plastic, and the rest. Below Average growth is found at Finolex Inds., Hind.Adhesive, and Texmo Pipes, while Good growth is also seen at Candour Techtex and Rungta Irrigatn. For Capital Structure, Excellent is noted at Supreme Inds., while Good is seen at Shaily Engineer. Average capital structure is observed at Texmo Pipes, while Below Average is noted at Hind.Adhesive, Candour Techtex, National Plastic, and Rungta Irrigatn.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 155.66%, while the lowest is Finolex Inds. at -34.87%. Texmo Pipes has a 1-year return of -16.63%, which is better than Finolex Inds. but worse than Garware Hi Tech. Additionally, the peers with negative six-month returns include Supreme Inds., Astral, Finolex Inds., Hind.Adhesive, National Plastic, and Rungta Irrigatn.

Is Texmo Pipes overvalued or undervalued?

As of February 25, 2025, Texmo Pipes is considered very attractive and undervalued with a PE ratio of 9.89 and strong long-term performance, despite a recent 1-year stock return of -14.10%.

As of 25 February 2025, the valuation grade for Texmo Pipes has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, supported by a PE ratio of 9.89, an EV to EBITDA ratio of 6.34, and a PEG ratio of 0.11, all of which are considerably lower than industry peers. <BR><BR>In comparison, Supreme Industries and Astral are deemed very expensive, with PE ratios of 57.34 and 78.35, respectively, highlighting Texmo Pipes' competitive valuation. The company's return on capital employed (ROCE) stands at 8.57%, and return on equity (ROE) is at 8.87%, further underscoring its operational efficiency. Despite a 1-year stock return of -14.10%, Texmo Pipes has shown impressive long-term performance with a 5-year return of 430.51%, significantly outperforming the Sensex.

What is the technical trend for Texmo Pipes?

As of May 12, 2025, Texmo Pipes shows a mildly bearish trend overall, with mixed signals from the weekly and monthly MACD, daily moving averages, and Bollinger Bands indicating both bullish and bearish tendencies.

As of 12 May 2025, the technical trend for Texmo Pipes has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The daily moving averages are mildly bearish, which aligns with the overall trend. The Bollinger Bands show a bullish signal on the weekly chart but a mildly bearish signal on the monthly chart. The KST and OBV both indicate a mildly bullish trend on the weekly basis but are bearish on the monthly. Overall, the current technical stance is mildly bearish, with key indicators being the daily moving averages and the monthly MACD.

Who are the top shareholders of the Texmo Pipes?

The top shareholder of Texmo Pipes is Sanjay Kumar Agrawal, holding 18.66%. Individual investors own 50.47% of the shares, while the highest public shareholder is Sangeetha S at 1.38%, with no pledged promoter holdings or mutual funds involved.

The top shareholders of Texmo Pipes include Sanjay Kumar Agrawal, who holds the highest promoter stake at 18.66%. The majority of the company's shares are held by individual investors, accounting for 50.47% of the total. Additionally, there are three Foreign Institutional Investors (FIIs) with a combined holding of 0.24%. The highest public shareholder is Sangeetha S, with a holding of 1.38%. Notably, there are no pledged promoter holdings or mutual funds involved in the company's shareholding.

How big is Texmo Pipes?

As of 24th July, Texmo Pipes & Products Ltd has a market capitalization of 184.00 Cr, with recent net sales of 391.20 Cr and a net profit of 19.18 Cr. The latest balance sheet shows shareholder's funds of 196.86 Cr and total assets of 347.03 Cr.

As of 24th July, Texmo Pipes & Products Ltd has a market capitalization of 184.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Texmo Pipes reported Net Sales of 391.20 Cr and a Net Profit of 19.18 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 196.86 Cr and Total Assets of 347.03 Cr.

Are Texmo Pipes latest results good or bad?

Texmo Pipes' latest results show strong growth in Profit After Tax, up 149.66% to Rs 11.06 crore, and improved liquidity with cash equivalents at Rs 30.54 crore. However, challenges remain with a 40.88% drop in Profit Before Tax and an 11.42% decline in net sales, indicating mixed overall performance.

Texmo Pipes & Products' latest financial results present a mixed picture. On one hand, the company has shown substantial growth in Profit After Tax (PAT), which increased by 149.66% year-on-year, reaching Rs 11.06 crore. This is a positive indicator of profitability over the past six months. Additionally, the cash and cash equivalents have improved, totaling Rs 30.54 crore, which enhances the company's short-term liquidity.<BR><BR>However, there are significant challenges reflected in other areas. The Profit Before Tax (PBT) has decreased by 40.88% year-on-year to Rs 4.57 crore, and net sales have declined by 11.42% to Rs 105.22 crore. The Debtors Turnover Ratio has also fallen to 5.71 times, indicating difficulties in managing receivables, and the Debt-Equity Ratio has increased to 0.29 times, suggesting that the company is relying more on borrowing.<BR><BR>Overall, while there are some positive aspects, particularly in profitability and liquidity, the declines in sales and PBT, along with increased debt levels, indicate that the company is facing significant challenges. Therefore, the results can be seen as a mix of good and bad, with more emphasis on the hurdles currently affecting its financial health.

When is the next results date for Texmo Pipes?

The next results date for Texmo Pipes is 13 November 2025.

The next results date for Texmo Pipes is scheduled for 13 November 2025.

How has been the historical performance of Texmo Pipes?

Texmo Pipes has experienced significant fluctuations in financial performance, with net sales declining from 638.44 Cr in Mar'23 to 391.20 Cr in Mar'25, but showing a recovery in profitability and cash flow, with profit after tax rising from -71.76 Cr in Mar'23 to 17.97 Cr in Mar'25. Recent trends indicate an improvement in operating profit and net cash inflow.

Answer:<BR>The historical performance of Texmo Pipes shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Texmo Pipes experienced a decline in net sales from 638.44 Cr in Mar'23 to 391.20 Cr in Mar'25, with a peak in Mar'24 at 534.22 Cr. The total operating income followed a similar trend, dropping from 638.44 Cr in Mar'23 to 391.20 Cr in Mar'25. Raw material costs decreased from 462.04 Cr in Mar'23 to 229.34 Cr in Mar'25, while total expenditure also fell from 670.45 Cr in Mar'23 to 355.98 Cr in Mar'25. Operating profit, which was negative in Mar'23 at -32.01 Cr, rebounded to 37.21 Cr in Mar'25. Profit before tax improved from -66.94 Cr in Mar'23 to 17.33 Cr in Mar'25, and profit after tax also saw a recovery from -71.76 Cr in Mar'23 to 17.97 Cr in Mar'25. The consolidated net profit rose from 4.64 Cr in Mar'24 to 19.18 Cr in Mar'25. In terms of cash flow, the company reported a net cash inflow of 23.00 Cr in Mar'25, contrasting with previous years where cash flow was stagnant. Overall, while Texmo Pipes faced challenges in sales and profitability, recent trends indicate a recovery in profits and cash flow.

Should I buy, sell or hold Texmo Pipes?

Which are the latest news on Texmo Pipes?

Why is Texmo Pipes falling/rising?

As of 13-Dec, Texmo Pipes & Products Ltd's stock price is at 50.29, down 0.15 (-0.3%), with a year-to-date decline of 21.98% and a one-year drop of 28.44%. The stock is experiencing a bearish trend due to weak investor participation and long-term fundamental weaknesses despite an attractive valuation.

As of 13-Dec, Texmo Pipes & Products Ltd's stock price is currently at 50.29, reflecting a decrease of 0.15 (-0.3%). The stock has recently underperformed its sector by 0.35% and has experienced a trend reversal, falling after three consecutive days of gains. This decline is further supported by a significant drop in investor participation, with delivery volume falling by 39.11% compared to the 5-day average.<BR><BR>In terms of performance over various periods, the stock has shown a year-to-date decline of 21.98% and a one-year drop of 28.44%, indicating a consistent underperformance relative to the broader market, as evidenced by the Sensex's positive return of 9.12% over the same period. Additionally, the stock's moving averages indicate that while it is higher than the 5-day moving average, it is lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Despite having a very attractive valuation with a return on capital employed (ROCE) of 6.7 and trading at a discount compared to peers, the company's long-term fundamentals are weak. The average ROCE of 6.57, along with poor growth rates in net sales and operating profit over the last five years, contribute to a negative outlook. Furthermore, the company's ability to service its debt is concerning, as indicated by a poor EBIT to interest ratio of 1.83.<BR><BR>Overall, the combination of recent price declines, weak investor participation, and long-term fundamental weaknesses are contributing to the stock's falling price.