Texmo Pipes & Products
Texmo Pipes & Products
IndustrialsKey Fundamentals
MicrocapPlastic Products - IndustrialIndustrial ProductsTapetide Score
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Key Insights
Strengths
1- Stock is trading at 0.76 times its book value
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.48% over past five years.
- Company has a low return on equity of 6.53% over last 3 years.
- Debtor days have increased from 69.6 to 88.7 days.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 204 | 123 | 122 | 85.02 | 119 | 63.99 | 110 | 98.59 | 105 | 63.05 | 110 | 97.44 | 117 |
| Expenses | 190 | 117 | 115 | 79.56 | 106 | 58.31 | 99.98 | 91.97 | 96.9 | 56.86 | 99.85 | 89.84 | 106 |
| Operating Profit | 14.54 | 5.98 | 7.38 | 5.46 | 13 | 5.68 | 9.86 | 6.62 | 8.32 | 6.19 | 10.15 | 7.6 | 11.25 |
| OPM % | 7.13% | 4.87% | 6.03% | 6.42% | 10.94% | 8.88% | 8.98% | 6.71% | 7.91% | 9.82% | 9.23% | 7.8% | 9.58% |
| Other Income | 0.24 | 0.16 | 0.32 | -4.97 | 0.26 | 0.25 | 0.53 | 1 | 0.83 | 0.77 | 0.26 | 1.45 | 1.17 |
| Interest | 3.07 | 2.17 | 1.52 | 1.58 | 1.8 | 2.01 | 1.21 | 1.05 | 1.14 | 1.3 | 1.13 | 1.57 | 1.61 |
| Depreciation | 2.6 | 2.62 | 2.62 | 2.8 | 3.47 | 3.36 | 3.46 | 3.5 | 2.61 | 2.65 | 2.73 | 2.8 | 2.55 |
| PBT | 9.11 | 1.35 | 3.56 | -3.89 | 7.99 | 0.56 | 5.72 | 3.07 | 5.4 | 3.01 | 6.55 | 4.68 | 8.26 |
| Tax % | 12.73% | 30.37% | 30.34% | 74.29% | 22.78% | -160.71% | 21.68% | -90.88% | 3.89% | 29.24% | 27.02% | 61.32% | 22.4% |
| Net Profit | 7.95 | 0.94 | 2.48 | -6.78 | 6.17 | 1.46 | 4.48 | 5.85 | 5.2 | 2.12 | 4.78 | 1.82 | 6.41 |
| EPS in Rs | 2.72 | 0.32 | 0.85 | -2.31 | 1.95 | 0.87 | 1.72 | 2.03 | 1.75 | 0.8 | 1.73 | 0.53 | 2.12 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 309 | 253 | 295 | 249 | 306 | 326 | 425 | 563 | 635 | 530 | 389 | 374 | 388 |
| Expenses | 287 | 232 | 280 | 237 | 289 | 303 | 396 | 527 | 667 | 497 | 354 | 343 | 353 |
| Operating Profit | 22 | 20 | 15 | 12 | 17 | 22 | 29 | 35 | -32 | 33 | 36 | 32 | 35 |
| OPM % | 7% | 8% | 5% | 4.9% | 6% | 7% | 7% | 6% | -5% | 6% | 9% | 9% | 9% |
| Other Income | 2 | 2 | 4 | 4 | 2 | 0 | 1 | 1 | -11 | -4 | 2 | 5 | 4 |
| Interest | 13 | 13 | 12 | 10 | 10 | 11 | 9 | 9 | 13 | 8 | 6 | 6 | 6 |
| Depreciation | 5 | 6 | 7 | 5 | 6 | 6 | 6 | 8 | 11 | 11 | 14 | 11 | 11 |
| PBT | 5 | 4 | 0 | 1 | 4 | 6 | 14 | 19 | -67 | 10 | 17 | 20 | 22 |
| Tax % | 31% | 26% | 562% | 88% | 18% | 32% | 23% | 26% | 7% | 55% | -4% | 29% | — |
| Net Profit | 3 | 3 | -1 | 0 | 3 | 4 | 11 | 14 | -72 | 5 | 18 | 14 | 15 |
| EPS in Rs | 1.43 | 1.39 | -0.56 | 0.06 | 1.13 | 1.5 | 3.71 | 4.87 | -24.58 | 1.59 | 6.57 | 4.81 | 5.18 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 25 | 26 | 26 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 110 | 117 | 166 | 167 | 176 | 187 | 197 | 214 | 158 | 168 | 187 | 201 |
| Borrowings | 54 | 59 | 67 | 60 | 51 | 50 | 28 | 38 | 30 | 56 | 64 | 55 |
| Other Liabilities | 53 | 58 | 81 | 80 | 91 | 80 | 82 | 83 | 90 | 94 | 81 | 89 |
| Total Liabilities | 241 | 259 | 338 | 332 | 345 | 343 | 336 | 364 | 307 | 347 | 361 | 374 |
| Fixed Assets | 45 | 43 | 110 | 109 | 113 | 114 | 111 | 143 | 139 | 167 | 142 | 139 |
| CWIP | 0 | 1 | 1 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 196 | 215 | 227 | 219 | 232 | 228 | 225 | 221 | 168 | 180 | 218 | 234 |
| Total Assets | 241 | 259 | 338 | 332 | 345 | 343 | 336 | 364 | 307 | 347 | 361 | 374 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 22 | 12 | 8 | 24 | 20 | 20 | 27 | 41 | -43 | 20 | 20 | 1 |
| Investing | -4 | -5 | -5 | -9 | -7 | -9 | 0 | -29 | 64 | -36 | 2 | -2 |
| Financing | -17 | -8 | -3 | -14 | -14 | -12 | -27 | -11 | -20 | 17 | 1 | -15 |
| Net Cash Flow | 1 | -1 | -1 | 1 | -1 | 0 | 0 | 0 | 0 | 0 | 24 | -16 |
| Free Cash Flow | 20 | 9 | -2 | 16 | 13 | 14 | 25 | 14 | -50 | -17 | 30 | -7 |
| CFO/OP | 103 | 67 | 57 | 211 | 121 | 97 | 102 | 130 | 119 | 78 | 74 | 20 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 103 | 139 | 57 | 60 | 73 | 50 | 38 | 29 | 32 | 45 | 75 | 89 |
| Inventory Days | 100 | 139 | 126 | 127 | 98 | 108 | 62 | 55 | 52 | 65 | 74 | 109 |
| Days Payable | 57 | 79 | 75 | 91 | 91 | 69 | 48 | 39 | 35 | 45 | 48 | 69 |
| Cash Conversion Cycle | 145 | 198 | 109 | 96 | 80 | 89 | 52 | 44 | 49 | 65 | 102 | 129 |
| Working Capital Days | 84 | 113 | 30 | 43 | 46 | 43 | 48 | 39 | 43 | 52 | 74 | 101 |
| ROCE % | 10% | 9% | 5% | 4% | 5% | 7% | 9% | 11% | -17% | 10% | 9% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY15–FY26.
Documents
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Company Information
Incorporated in 2008, Texmo Pipes and Products manufactures and trades PVC, HDPE, SWR, Sprinkler, Drip, CPVC Pipes & Fittings[1]
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