Rex Pipes&Cables

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

As of 10-Jun, the stock price of Rex Pipes & Cables Industries Ltd is stable at 174.25, with no recent change. While it has shown strong long-term gains, recent trading activity and investor participation have declined significantly, leading to a lack of upward momentum.

As of 10-Jun, the stock price of Rex Pipes & Cables Industries Ltd is currently stable at 174.25, showing no change (0.00%). Over the past week, the stock has performed in line with the market, with a return of +0.00% compared to a decline of -0.81% in the Sensex. However, looking at the longer-term performance, the stock has experienced a significant drop of -13.74% over the past month, while the Sensex has only decreased by -3.98%. <BR><BR>Year-to-date, Rex Pipes & Cables has shown a positive return of +16.13%, outperforming the Sensex, which is down -11.15%. In the past year, the stock has risen by +40.30%, significantly better than the Sensex's -7.53%. Over a three-year period, the stock has skyrocketed by +295.12%, compared to the Sensex's +25.06%. <BR><BR>Despite these impressive long-term gains, there are signs of falling investor participation, as evidenced by a drastic decline in delivery volume, which has fallen by -86.11% against the 5-day average. This suggests that while the stock has had strong historical performance, current trading activity is low, which may contribute to the lack of upward movement in the stock price. Additionally, the stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term trends. <BR><BR>Overall, the stock's price stability at 174.25 reflects a complex situation where long-term performance remains strong, but recent trading activity and investor participation are declining, contributing to the current lack of upward momentum.

What does Rex Pipes&Cables do?

Rex Pipes & Cables Industries Ltd operates in the electrical cables industry as a micro-cap company, with a market cap of INR 165 Cr. It was incorporated in 2002 and has a P/E ratio of 35.00, but no recent sales or profit data is available.

Overview: <BR>Rex Pipes & Cables Industries Ltd operates in the electrical cables industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated in 2002 as "Kaler Electricals Private Limited" and later changed its name 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 165 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 35.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.68 <BR>Return on Equity: 11.31% <BR>Price-to-Book: 4.00 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

Which are the latest news on Rex Pipes&Cables?

How big is Rex Pipes&Cables?

As of 10th June, Rex Pipes & Cables Industries Ltd has a market capitalization of 165.00 Cr, classifying it as a Micro Cap company, with no valid financial data available for the latest four quarters. The latest balance sheet shows Shareholder's Funds of 36.52 Cr and Total Assets of 77.35 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: Rex Pipes & Cables Industries Ltd has a market capitalization of 165.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 36.52 Cr and Total Assets valued at 77.35 Cr.

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).

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>If you need more details about their roles or responsibilities, feel free to ask!

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

Who are the peers of the Rex Pipes&Cables?

Rex Pipes&Cables' peers include Polycab India, KEI Industries, R R Kabel, and others, with varying management risks and growth rates. Dynamic Cables leads in 1-year returns at 53.28%, while B.C. Power has the lowest at -56.21%, and Rex Pipes&Cables shows a 0.00% return.

Peers: The peers of Rex Pipes&Cables are Polycab India, KEI Industries, R R Kabel, Finolex Cables, Universal Cables, Dynamic Cables, Quadrant Future, B.C. Power, CMI, and Marco Cables.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India and Quadrant Future, while Good management risk is found at KEI Industries, R R Kabel, CMI, Marco Cables, and the rest. Average management risk is seen at Dynamic Cables and Universal Cables, while Below Average management risk is noted at B.C. Power. In terms of Growth, Excellent growth is attributed to Polycab India, while Good growth is found at KEI Industries, R R Kabel, CMI, and Marco Cables. Below Average growth is observed at Finolex Cables, Universal Cables, and Quadrant Future, while Average growth is noted at Dynamic Cables. Finally, Rex Pipes&Cables and B.C. Power exhibit Below Average capital structure, while Excellent capital structure is seen at Polycab India, KEI Industries, R R Kabel, and Finolex Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 53.28%, while the lowest is B.C. Power at -56.21%. Rex Pipes&Cables has a 1-year return of 0.00%, which is significantly lower than Dynamic Cables and higher than B.C. Power. Additionally, the six-month return is negative for Polycab India, KEI Industries, R R Kabel, Finolex Cables, CMI, and B.C. Power.