NSEI:TEXMOPIPES

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Texmo Pipes and Products

Executive Summary

Texmo Pipes and Products Limited engages in the manufacturing and trading of plastic products in India and internationally. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Texmo Pipes and Products's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TEXMOPIPES has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.7%

TEXMOPIPES

-0.6%

IN Chemicals

0.05%

IN Market


1 Year Return

-9.8%

TEXMOPIPES

16.6%

IN Chemicals

0.9%

IN Market

Return vs Industry: TEXMOPIPES underperformed the Indian Chemicals industry which returned 14.1% over the past year.

Return vs Market: TEXMOPIPES underperformed the Indian Market which returned -1.6% over the past year.


Shareholder returns

TEXMOPIPESIndustryMarket
7 Day6.7%-0.6%0.05%
30 Day-1.4%-1.0%-2.8%
90 Day1.1%16.0%9.8%
1 Year-9.8%-9.8%19.2%16.6%2.8%0.9%
3 Year-35.4%-35.4%44.0%35.8%4.1%-0.9%
5 Year3.6%3.6%132.5%113.3%38.9%28.6%

Price Volatility Vs. Market

How volatile is Texmo Pipes and Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Texmo Pipes and Products undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TEXMOPIPES (₹14.25) is trading below our estimate of fair value (₹41.94)

Significantly Below Fair Value: TEXMOPIPES is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TEXMOPIPES is good value based on its PE Ratio (9.2x) compared to the IN Chemicals industry average (15.1x).

PE vs Market: TEXMOPIPES is good value based on its PE Ratio (9.2x) compared to the Indian market (16x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TEXMOPIPES's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TEXMOPIPES is good value based on its PB Ratio (0.2x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

How is Texmo Pipes and Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.4%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Texmo Pipes and Products has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Texmo Pipes and Products performed over the past 5 years?

25.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TEXMOPIPES has high quality earnings.

Growing Profit Margin: TEXMOPIPES's current net profit margins (1.4%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: TEXMOPIPES's earnings have grown significantly by 25.4% per year over the past 5 years.

Accelerating Growth: TEXMOPIPES's earnings growth over the past year (21.8%) is below its 5-year average (25.4% per year).

Earnings vs Industry: TEXMOPIPES earnings growth over the past year (21.8%) exceeded the Chemicals industry -2.1%.


Return on Equity

High ROE: TEXMOPIPES's Return on Equity (1.9%) is considered low.


Next Steps

Financial Health

How is Texmo Pipes and Products's financial position?


Financial Position Analysis

Short Term Liabilities: TEXMOPIPES's short term assets (₹1.5B) exceed its short term liabilities (₹1.0B).

Long Term Liabilities: TEXMOPIPES's short term assets (₹1.5B) exceed its long term liabilities (₹276.5M).


Debt to Equity History and Analysis

Debt Level: TEXMOPIPES's debt to equity ratio (23.4%) is considered satisfactory.

Reducing Debt: TEXMOPIPES's debt to equity ratio has reduced from 40.7% to 23.4% over the past 5 years.

Debt Coverage: TEXMOPIPES's debt is well covered by operating cash flow (40.5%).

Interest Coverage: TEXMOPIPES's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Texmo Pipes and Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TEXMOPIPES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TEXMOPIPES's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TEXMOPIPES's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TEXMOPIPES's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TEXMOPIPES's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Mohit Agrawal

2.25yrs

Tenure

₹1,560,000

Compensation

Mr. Mohit Agrawal is Chief Executive Officer of Texmo Pipes and Products Limited since June 1, 2018. Mr. Agrawal completed his Bachelor of Commerce in the year 2013. Thereafter he went abroad for higher st ...


Leadership Team

NamePositionTenureCompensationOwnership
Rashmi Agrawal
Chairpersonno data₹3.00m12.83%
₹ 48.3m
Mohit Agrawal
Chief Executive Officer2.25yrs₹1.56mno data
Sanjay Agrawal
MD & Executive Non Independent Director12.17yrs₹7.20m14.8%
₹ 55.8m
Vijay Pappu
CFO & Whole Time Director12.17yrs₹1.16m0.0046%
₹ 17.2k
Lokesh Bhagat
Head of Administration & Marketing12.17yrs₹132.00kno data
Ajay Shrivastava
Company Secretary & Compliance Officer0.67yrno datano data
Santosh Ratnakar
Head of Material Managementno data₹130.00kno data
Manoj Bari
Head of Quality Assurance - HDPE & Allied Products12.17yrs₹170.00kno data
Hitesh Mehta
Head of Quality Assurance - PVC & allied productsno data₹91.00kno data

3.4yrs

Average Tenure

53yo

Average Age

Experienced Management: TEXMOPIPES's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rashmi Agrawal
Chairpersonno data₹3.00m12.83%
₹ 48.3m
Sanjay Agrawal
MD & Executive Non Independent Director12.17yrs₹7.20m14.8%
₹ 55.8m
Vijay Pappu
CFO & Whole Time Director12.17yrs₹1.16m0.0046%
₹ 17.2k
Smita Hajari
Additional Non-Executive Independent Director0.17yr₹30.00kno data
Amber Chaurasia
Non Executive Independent Director3.5yrs₹70.00kno data
Parvez Anjum
Additional Independent Director1.08yrs₹70.00kno data

3.5yrs

Average Tenure

49yo

Average Age

Experienced Board: TEXMOPIPES's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Texmo Pipes and Products Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Texmo Pipes and Products Limited
  • Ticker: TEXMOPIPES
  • Exchange: NSEI
  • Founded: 1999
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₹376.639m
  • Shares outstanding: 26.32m
  • Website: https://www.texmopipe.com

Number of Employees


Location

  • Texmo Pipes and Products Limited
  • 98, Bahadarpur Road
  • Post Box No. 35
  • Burhanpur
  • Madhya Pradesh
  • 450331
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TEXMOPIPESNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2010
533164BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2010

Biography

Texmo Pipes and Products Limited engages in the manufacturing and trading of plastic products in India and internationally. It provides CPVC, SWR, and plumbing pipes and fittings; submersible column pipes; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/29 12:40
End of Day Share Price2020/09/29 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.