Rex Pipes&Cables

Why is Rex Pipes & Cables Industries Ltd falling/rising?

As of 01-Sep, the stock price of Rex Pipes & Cables Industries Ltd is at 160.65, unchanged from the previous session. Despite a recent decline, strong year-to-date performance and increased investor participation may support price stability or recovery.

As of 01-Sep, the stock price of Rex Pipes & Cables Industries Ltd is currently at 160.65, showing no change from the previous trading session. The stock has experienced a mixed performance over different periods. Over the past week, it has remained stable with a change of +0.00%, while in the last month, it has declined by 9.75%. However, year-to-date, the stock has increased by 7.06%, significantly outperforming the Sensex, which has decreased by 7.94% during the same period.<BR><BR>In terms of performance today, the stock has outperformed its sector by 2.04%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 92.31% compared to the 5-day average. This indicates a growing interest in the stock, which could support its price stability or potential rise.<BR><BR>Despite these positive indicators, the stock is currently trading below several moving averages, including the 5-day, 20-day, 50-day, and 100-day averages, which may suggest some short-term weakness. However, it remains above the 200-day moving average, indicating a longer-term positive trend.<BR><BR>Overall, while the stock has seen a recent decline in the short term, the increase in investor participation and its strong year-to-date performance suggest that there are factors that could support its price stability or potential recovery in the near future.

Which are the latest news on Rex Pipes&Cables?

Who are in the management team of Rex Pipes&Cables?

The management team of Rex Pipes & Cables includes Sharwan Kumar Kaler (Managing Director), Jitendra Kumar Kaler (Director), Sohani Devi and Rajendra Kaler (Whole-time Directors), Subhash Meel and Anil Kumar (Independent Directors), and Monica Bohra (Company Secretary & Compliance Officer). They oversee the company's operations and ensure regulatory compliance.

The management team of Rex Pipes & Cables includes the following individuals:<BR><BR>1. Sharwan Kumar Kaler - Managing Director<BR>2. Jitendra Kumar Kaler - Director<BR>3. Sohani Devi - Whole-time Director<BR>4. Rajendra Kaler - Whole-time Director<BR>5. Subhash Meel - Independent Director<BR>6. Anil Kumar - Independent Director<BR>7. Monica Bohra - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and ensuring compliance with regulations.

What does Rex Pipes&Cables do?

Rex Pipes & Cables Industries Ltd manufactures electrical cables and operates in the micro-cap segment of the Cables - Electricals industry. The company, formerly known as Kaler Electricals, was incorporated in 2002 and changed its name in 2018; it currently has a market cap of INR 152 Cr.

Overview:<BR>Rex Pipes & Cables Industries Ltd is engaged in the manufacturing of electrical cables and operates within the micro-cap segment of the Cables - Electricals industry.<BR><BR>History:<BR>The company was originally incorporated as "Kaler Electricals Private Limited" in 2002. It underwent a name change to "Rex Pipes and Cables Industries Private Limited" in January 2018. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 152 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 33.00<BR>Industry P/E: 48<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.68<BR>Return on Equity (ROE): 11.31%<BR>Price-to-Book: 3.69<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Rex Pipes&Cables?

Rex Pipes&Cables' peers include Cords Cable, Jainik Power, Plaza Wires, and others. Management risk varies from excellent at Jainik Power to below average at Plaza Wires and B.C. Power, with Rex Pipes&Cables showing average management risk and a 1-year return of 0.09%.

Peers: The peers of Rex Pipes&Cables are Cords Cable, Jainik Power, Plaza Wires, Bhadora Indust., DCG Cables, Marco Cables, CMI, Ultracab India, and B.C. Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jainik Power, Cords Cable, and CMI, while Good management risk is found at Bhadora Indust., Marco Cables, and the rest. Below Average management risk is noted at Plaza Wires and B.C. Power, while Average management risk is seen at Rex Pipes&Cables, DCG Cables, and Ultracab India. Growth is Excellent at Jainik Power, Plaza Wires, and Bhadora Indust., while Average growth is noted at Marco Cables and the rest. Below Average growth is observed at Rex Pipes&Cables, while Cords Cable and DCG Cables show Below Average growth. Capital Structure is Excellent at Jainik Power, Average at Cords Cable, CMI, and DCG Cables, while Good is noted at Bhadora Indust. and Below Average at Rex Pipes&Cables, Marco Cables, Ultracab India, and B.C. Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jainik Power at 55.37%, while the lowest is DCG Cables at -19.29%. Rex Pipes&Cables has a 1-year return of 0.09%, which is higher than DCG Cables but significantly lower than Jainik Power. Additionally, the six-month returns for DCG Cables, Marco Cables, and Bhadora Indust. are negative.

How big is Rex Pipes&Cables?

As of 31st August, Rex Pipes & Cables Industries Ltd has a market capitalization of 152.00 Cr, classified as a Micro Cap, with no available financial data for net sales or net profit for the latest four quarters. The latest balance sheet shows Shareholder's Funds of 41.17 Cr and Total Assets of 82.31 Cr as of March 2026.

As of 31st August, <BR><BR>Market Cap: Rex Pipes & Cables Industries Ltd has a market capitalization of 152.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for net sales or net profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2026, with Shareholder's Funds amounting to 41.17 Cr and Total Assets valued at 82.31 Cr.

How has been the historical performance of Rex Pipes&Cables?

Rex Pipes&Cables has shown steady growth in net sales and profits over the past three years, with net sales increasing from 117.64 Cr in Mar'23 to 138.34 Cr in Mar'25, and profit after tax rising from 3.62 Cr to 5.12 Cr in the same period, despite some fluctuations in cash flow and rising liabilities.

Answer:<BR>The historical performance of Rex Pipes&Cables shows a steady growth in net sales and profit over the past three years.<BR><BR>Breakdown:<BR>Rex Pipes&Cables has demonstrated a consistent increase in net sales, rising from 117.64 Cr in Mar'23 to 138.34 Cr in Mar'25. The total operating income mirrored this trend, reaching 138.34 Cr in Mar'25, up from 117.64 Cr in Mar'23. Despite a slight decrease in raw material costs from 91.20 Cr in Mar'24 to 90.36 Cr in Mar'25, total expenditure increased to 127.09 Cr in Mar'25 from 109.10 Cr in Mar'23. Operating profit (PBDIT) also improved, reaching 11.67 Cr in Mar'25, compared to 9.08 Cr in Mar'23. Profit before tax rose to 7.12 Cr in Mar'25 from 5.03 Cr in Mar'23, leading to a profit after tax of 5.12 Cr in Mar'25, up from 3.62 Cr in Mar'23. The company's earnings per share increased from 4.21 in Mar'23 to 5.42 in Mar'25. On the balance sheet, total liabilities grew to 77.35 Cr in Mar'25 from 57.85 Cr in Mar'23, while total assets also increased to 77.35 Cr in Mar'25. Cash flow from operating activities remained stable at 2.00 Cr in both Mar'24 and Mar'25, but the net cash outflow in Mar'25 was -2.00 Cr, contrasting with a neutral cash flow in the previous year. Overall, Rex Pipes&Cables has shown positive growth in sales and profits, despite some fluctuations in cash flow and rising liabilities.

Is Rex Pipes&Cables overvalued or undervalued?

As of August 28, 2025, Rex Pipes & Cables is considered overvalued with a PE ratio of 28.61, an EV to EBITDA of 15.60, and a PEG ratio of 3.30, despite outperforming the Sensex with a year-to-date return of 112.64%.

As of 28 August 2025, Rex Pipes & Cables has moved from a fair valuation to a very expensive rating. The company is currently considered overvalued. Key ratios include a PE ratio of 28.61, an EV to EBITDA of 15.60, and a PEG ratio of 3.30, all indicating elevated valuation levels compared to industry norms.<BR><BR>In comparison to peers, Rex Pipes & Cables has a lower PE ratio than Polycab India, which stands at 48.19, but is still higher than Havells India at 67.25. The EV to EBITDA ratio of 15.60 is more favorable than that of KEI Industries at 34.19, yet it remains on the higher end of the spectrum. Notably, Rex Pipes & Cables has significantly outperformed the Sensex, with a year-to-date return of 112.64% compared to the Sensex's 3.62%, reinforcing the notion of its overvaluation.

Who are the top shareholders of the Rex Pipes&Cables?

The top shareholder of Rex Pipes & Cables is Sharwan Kumar Kaler, holding 19.88%, with individual investors collectively owning 41.2%. There are no pledged promoter holdings, mutual funds, or foreign institutional investors involved.

The top shareholders of Rex Pipes & Cables primarily consist of its promoters, with Sharwan Kumar Kaler holding the largest stake at 19.88%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Vivek Kaler, who owns 2.65% of the company. Additionally, individual investors collectively hold 41.2% of the shares.

What is the technical trend for Rex Pipes&Cables?

As of June 5, 2025, Rex Pipes & Cables shows a bullish trend supported by positive MACD, Bollinger Bands, and strong momentum indicators, with the current price at a 52-week high of 125.50.

As of 5 June 2025, the technical trend for Rex Pipes&Cables has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the bullish stance. Daily moving averages are also bullish, suggesting strong short-term momentum. The KST, Dow Theory, and OBV indicators are all bullish on a weekly and monthly basis, further confirming the overall bullish sentiment. The current price of 125.50 is at a 52-week high, reflecting strong performance compared to the Sensex, particularly over the past week and month. Overall, the technical stance is bullish with strong momentum indicators.

When is the next results date for Rex Pipes&Cables?

No Upcoming Board Meetings

Has Rex Pipes&Cables declared dividend?

No Dividend History Available