Texmo Pipes

Why is Texmo Pipes & Products Ltd falling/rising?

As of 09-Aug, the stock price of Texmo Pipes & Products Ltd is currently at 43.97, reflecting a 2.64% increase today. Despite this rise, the stock is down 10.47% year-to-date and has underperformed over the past year and longer periods, indicating potential volatility ahead due to declining investor interest.

As of 09-Aug, the stock price of Texmo Pipes & Products Ltd is rising, currently at 43.97, reflecting a change of 1.13 or 2.64% increase. This upward movement is notable as the stock has outperformed its sector by 2.61% today. Additionally, over the past week, the stock has shown a positive return of 3.26%, significantly higher than the Sensex's increase of 0.52% during the same period.<BR><BR>However, it is important to consider the broader context of the stock's performance. Year-to-date, the stock is down 10.47%, which is worse than the Sensex's decline of 7.89%. Over the past year, Texmo Pipes & Products Ltd has experienced a substantial drop of 24.25%, while the Sensex has only decreased by 2.63%. Furthermore, the stock has been underperforming over longer periods, with a 3-year decline of 22.85% compared to a 19.02% gain in the Sensex.<BR><BR>Despite today's rise, there are signs of falling investor participation, as indicated by a 20.67% decrease in delivery volume compared to the 5-day average. This suggests that while the stock is currently experiencing a rise, the overall trend may be influenced by declining interest from investors. The stock's moving averages indicate that it is performing better than the 5-day and 20-day averages but remains below the longer-term averages of 50, 100, and 200 days, which could imply potential volatility ahead.

Which are the latest news on Texmo Pipes?

How big is Texmo Pipes?

As of 10th June, Texmo Pipes & Products Ltd has a market capitalization of 136.00 Cr, classifying it as a Micro Cap company, with recent net sales of 375.71 Cr and a net profit of 14.06 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Texmo Pipes & Products Ltd has a market capitalization of 136.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 375.71 Cr, while the sum of Net Profit for the same period is 14.06 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 216.17 Cr, and Total Assets amount to 360.97 Cr.

Who are in the management team of Texmo Pipes?

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 (Independent Director), Smita Hajari (Independent Director), and Abdul Quader Motorwala (Additional Director).

The management team of Texmo Pipes includes the following members:<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>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Texmo Pipes?

Texmo Pipes' peers include Ecoplast, B. D. Industries, Hind.Adhesive, Captain Pipes, Caprihans India, Bright Brothers, 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 -31.13%.

Peers: The peers of Texmo Pipes are Ecoplast, B. D. Industries, Hind.Adhesive, Captain Pipes, Caprihans India, Bright Brothers, National Plastic, Rungta Irrigatn., G M Polyplast.<BR><BR>Quality Snapshot: Excellent management risk is observed at B. D. Industries and G M Polyplast, while Good management risk is found at Ecoplast, National Plastic, and the rest. Average management risk is present at Captain Pipes and Hind.Adhesive, while Below Average management risk is noted at Texmo Pipes, Caprihans India, Bright Brothers, and Rungta Irrigatn. In terms of Growth, Excellent growth is seen at Rungta Irrigatn., Good growth at Ecoplast, B. D. Industries, National Plastic, and Bright Brothers, while Average growth is found at Captain Pipes and the rest, and Below Average growth is noted at Texmo Pipes, Hind.Adhesive, and Caprihans India. For Capital Structure, Excellent capital structure is observed at G M Polyplast, Good capital structure at Texmo Pipes and B. D. Industries, while Average capital structure is found at Captain Pipes, and Below Average capital structure is noted at Hind.Adhesive, Caprihans India, Bright Brothers, National Plastic, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is G M Polyplast at -18.84%, while the peer with the lowest is Captain Pipes at -36.14%. Texmo Pipes has a 1-year return of -31.13%, which is better than Captain Pipes but worse than G M Polyplast. Additionally, several peers, including Ecoplast, Captain Pipes, Caprihans India, Bright Brothers, National Plastic, and Rungta Irrigatn., have negative six-month returns.

What does Texmo Pipes do?

Texmo Pipes & Products Ltd manufactures and trades pipes and fittings in the plastic products industry. As of March 2026, it reported net sales of ₹97 Cr and a net profit of ₹2 Cr, with a market cap of ₹136 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 categorized 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 was converted into a Public Limited Company on 3rd July 2008. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 97 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 136 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.19 <BR>Return on Equity: 6.10% <BR>Price to Book: 0.60 <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

Should I buy, sell or hold Texmo Pipes & Products Ltd?

When is the next results date for Texmo Pipes & Products Ltd?

The next results date for Texmo Pipes & Products Ltd is 28 May 2026.

The next results date for Texmo Pipes & Products Ltd is scheduled for 28 May 2026.

Are Texmo Pipes & Products Ltd latest results good or bad?

Texmo Pipes & Products Ltd's latest results show a strong sequential recovery with a 74.46% increase in net sales and a 116.74% rise in net profit for Q3 FY26. However, year-on-year growth is minimal, and low return ratios indicate ongoing challenges, suggesting a cautious approach for investors.

Texmo Pipes & Products Ltd's latest results indicate a mixed performance. On one hand, the company achieved a significant sequential recovery in Q3 FY26, with net sales rising by 74.46% quarter-on-quarter to ₹110.00 crores and a net profit increase of 116.74% to ₹5.05 crores. However, year-on-year growth remains concerning, with net sales only growing by 0.15% and net profit by 0.80%, reflecting limited momentum in a growing plastic pipes sector.<BR><BR>Despite the positive sequential growth, the company's average return on equity (ROE) of 4.46% and return on capital employed (ROCE) of 3.51% are alarmingly low compared to industry standards, indicating ongoing challenges in capital efficiency and profitability. The operating margin also saw a slight decline, which raises concerns about the company's ability to leverage its revenue growth effectively.<BR><BR>Overall, while there are signs of recovery in the short term, the persistent structural challenges and weak return ratios suggest that the results are not entirely positive. Investors should approach with caution, considering both the recent improvements and the underlying issues affecting the company's long-term performance.

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.

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.

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.

Has Texmo Pipes declared dividend?

No Dividend History Available