Texmo Pipes

Why is Texmo Pipes & Products Ltd falling/rising?

As of 02-Sep, Texmo Pipes & Products Ltd's stock is slightly rising at 45.45, following a trend reversal after four days of decline, and has outperformed its sector today. However, it has faced significant long-term declines, with a 20.67% drop over the past year, and declining investor participation may impact future price movements.

As of 02-Sep, Texmo Pipes & Products Ltd's stock price is rising slightly, with a current price of 45.45, reflecting a change of 0.01 (0.02%) upward. This increase comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, it has outperformed its sector by 1.16% today, indicating a relative strength compared to its peers.<BR><BR>Despite this positive movement, the stock has experienced significant declines over longer periods, including a 20.67% drop over the past year and a 40.13% decline over the past three years. However, in the last month, it has shown a positive return of 6.74%, contrasting with the Sensex's decline of 1.95% during the same period.<BR><BR>It's important to note that investor participation has been falling, with a delivery volume of 16,000 on September 1, which is down by 38.12% compared to the five-day average. This decline in participation could indicate a lack of strong buying interest, which may affect future price movements. Overall, while the stock is currently rising, the broader context shows a mixed performance with significant past declines and reduced investor activity.

Which are the latest news on Texmo Pipes?

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). Each member contributes to the company's governance and strategic direction.

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>Each member plays a crucial role in the company's governance and strategic direction. If you need more specific information about their responsibilities or backgrounds, feel free to ask!

What does Texmo Pipes do?

Texmo Pipes & Products Ltd manufactures and trades various types of pipes and fittings, including PVC and HDPE, and operates in the micro-cap market. As of June 2026, it reported net sales of 117 Cr and a net profit of 6 Cr, with a market cap of 137 Cr.

Overview:<BR>Texmo Pipes & Products Ltd is a manufacturer and trader of PVC, HDPE, SWR, Sprinkler, Drip, CPVC pipes and fittings, and water tanks, operating in the Plastic Products - Industrial industry within the micro-cap market.<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 profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 117 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 6 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 137 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 9.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.19<BR>- Return on Equity: 6.10%<BR>- Price to Book: 0.59<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 the peers of the Texmo Pipes?

Texmo Pipes' peers include Hind.Adhesive, Candour Techtex, B. D. Industries, Bright Brothers, Captain Pipes, National Plastic, Rungta Irrigatn., and Vigor Plast. In terms of management risk, Texmo Pipes is rated Below Average, with a 1-year return of -18.12%, better than Captain Pipes but worse than Hind.Adhesive's 10.15%.

Peers: The peers of Texmo Pipes are Hind.Adhesive, Candour Techtex, B. D. Industries, Bright Brothers, Captain Pipes, National Plastic, Rungta Irrigatn., and Vigor Plast.<BR><BR>Quality Snapshot: Excellent management risk is observed at B. D. Industries, National Plastic, and Vigor Plast, while Average management risk is found at Hind.Adhesive, Bright Brothers, and the rest. Below Average management risk is present at Texmo Pipes, Captain Pipes, and Rungta Irrigatn. Growth is Excellent at Rungta Irrigatn., Good at B. D. Industries and Bright Brothers, Average at National Plastic, and Below Average at Candour Techtex, Texmo Pipes, Captain Pipes, and the rest. Capital Structure is Good at B. D. Industries and Vigor Plast, Below Average at Hind.Adhesive, Candour Techtex, Bright Brothers, Captain Pipes, National Plastic, and Texmo Pipes.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hind.Adhesive at 10.15%, while the peer with the lowest is Captain Pipes at -39.21%. Texmo Pipes has a 1-year return of -18.12%, which is better than Captain Pipes but worse than Hind.Adhesive. Additionally, the six-month return is negative for Candour Techtex, Captain Pipes, National Plastic, and Rungta Irrigatn.

How big is Texmo Pipes?

As of 31st August, Texmo Pipes & Products Ltd has a market capitalization of 137.00 Cr, with net sales of 387.95 Cr and a net profit of 15.12 Cr reported in the latest four quarters.

As of 31st August, Texmo Pipes & Products Ltd has a market capitalization of 137.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Texmo Pipes reported net sales of 387.95 Cr and a net profit of 15.12 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing shareholder's funds of 230.49 Cr and total assets of 373.59 Cr.

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

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

Texmo Pipes & Products Ltd's latest results are concerning, with a 73.74% year-on-year decline in net profit to ₹1.56 crores and a slight revenue decrease of 1.17%. The company's profitability is under pressure due to high interest expenses and a significant tax rate, leading to a negative market reaction.

Texmo Pipes & Products Ltd's latest results indicate a challenging situation for the company. In the fourth quarter of FY26, the company reported a net profit of ₹1.56 crores, which represents a significant decline of 73.74% year-on-year. This marks the weakest quarterly performance in recent history. Revenue also saw a slight decrease, down 1.17% year-on-year to ₹97.44 crores, and a more pronounced sequential decline of 11.42% from the previous quarter.<BR><BR>While the operating margin improved slightly to 7.80%, this was overshadowed by the substantial drop in net profit and a sharp contraction in the profit after tax (PAT) margin, which fell to 1.86% from 5.94% a year earlier. The company is facing operational headwinds, including increased interest expenses and an unusually high tax rate of 61.32%, which have further pressured profitability.<BR><BR>The stock has reacted negatively to these results, declining 3.92% following the earnings announcement and trading significantly below its 52-week high, raising concerns about Texmo Pipes' ability to compete effectively in the plastic products industry. Overall, the results can be characterized as bad, reflecting deeper issues within the company's operational and financial health.

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.

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