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TEXMOPIPES - Texmo Pipes

📊 NSE: TEXMOPIPES 🏢 Plastics Products 📅 Last Updated: 12/14/2025 14:17

📢 Recent Corporate Announcements

Texmo Pipes Q3 FY26 Results: Consolidated Net Profit Rises 16.8% YoY to ₹1.43 Crore

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 10 Feb 2026, 06:42 PM

Texmo Pipes and Products reported a 5.1% year-on-year increase in consolidated total income to ₹145.62 crore for the quarter ended December 31, 2025. The company's consolidated net profit grew by 16.8% to ₹1.43 crore compared to ₹1.22 crore in the same quarter last year. For the nine-month period, net profit reached ₹3.84 crore, showing a slight improvement over the previous year's ₹3.65 crore. The quarterly earnings per share (EPS) improved to ₹0.49 from ₹0.42.

Consolidated revenue for Q3 FY26 increased to ₹145.62 crore from ₹138.53 crore YoY.
Net profit after tax for the quarter rose 16.8% YoY to ₹1.43 crore.
EPS for the quarter increased to ₹0.49 compared to ₹0.42 in Q3 FY25.
Nine-month consolidated total income stood at ₹411.23 crore, down from ₹432.12 crore in the previous year.

💡 The stock shows positive momentum in bottom-line growth despite a slight contraction in nine-month revenue. Investors should watch for improvements in operating margins and order book execution in the pipe segment.

Texmo Pipes Q3 FY26 Net Profit Jumps 64.6% YoY to ₹3.53 Crore; Revenue Up 10.3%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 10 Feb 2026, 06:34 PM

Texmo Pipes and Products Limited reported a strong financial performance for the quarter ended December 31, 2025. Consolidated net profit rose significantly to ₹353.48 lakhs from ₹214.65 lakhs in the previous year's corresponding quarter. Total income grew by 10.3% YoY to reach ₹18,043.90 lakhs, while nine-month profits surged by 50% to ₹953.20 lakhs. The earnings per share (EPS) improved from ₹0.74 to ₹1.21, reflecting enhanced operational efficiency and volume growth.

Consolidated Total Income for Q3 FY26 stood at ₹180.44 crore, up from ₹163.59 crore in Q3 FY25.
Net Profit for the quarter increased by 64.6% YoY to ₹3.53 crore.
Nine-month (9M FY26) Net Profit reached ₹9.53 crore compared to ₹6.35 crore in the previous year.
Earnings Per Share (EPS) for the quarter rose to ₹1.21 from ₹0.74 in the same period last year.
Total Expenses for the quarter were ₹175.66 crore, showing controlled growth relative to revenue expansion.

💡 The company is demonstrating strong bottom-line growth and margin expansion, making it a positive watch in the plastic piping sector. Investors should monitor the sustainability of these margins against fluctuating raw material (PVC/HDPE) prices in upcoming quarters.

Texmo Pipes to Consider Q3 FY26 Results on February 10, 2026

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 03 Feb 2026, 07:36 PM

Texmo Pipes and Products Limited has scheduled a Board Meeting for February 10, 2026, to review and approve its un-audited financial results for the quarter and nine months ended December 31, 2025. The meeting will address both standalone and consolidated financial performance. In compliance with SEBI insider trading regulations, the trading window for designated persons will remain closed until February 12, 2026. This is a routine regulatory announcement ahead of the quarterly earnings release.

Board Meeting scheduled for February 10, 2026, at 04:00 P.M.
Agenda includes approval of Un-Audited Standalone and Consolidated Financial Results.
Results cover the quarter and nine-month period ended December 31, 2025.
Trading window for insiders remains closed until February 12, 2026.

💡 Investors should monitor the upcoming financial results on February 10 to evaluate the company's growth and operational performance. No immediate action is required as this is a standard regulatory filing.

Texmo Pipes Files Quarterly Compliance Certificate Under SEBI Regulation 74(5)

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 15 Jan 2026, 06:41 PM

Texmo Pipes and Products Limited has submitted its mandatory compliance certificate for the quarter ended December 31, 2025, under SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFin Technologies Limited (the Registrar and Share Transfer Agent), confirms that all securities dematerialized or rematerialized during the period have been appropriately handled and reported to the stock exchanges. This filing is a standard procedural requirement for all listed companies in India to ensure the accuracy of electronic share records. There is no material impact on the company's financial performance or operations.

Compliance certificate submitted for the quarter ended December 31, 2025.
Confirmation provided by Registrar and Share Transfer Agent, KFin Technologies Limited.
Adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
Details of dematerialized/rematerialized securities furnished to both NSE and BSE.

💡 No action is required as this is a routine regulatory filing. Investors should continue to monitor the company's upcoming quarterly financial results for material performance updates.

Texmo Pipes to Close Trading Window from Jan 1, 2026 for Q3 FY26 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 27 Dec 2025, 12:45 PM

Texmo Pipes and Products Limited has announced the closure of its trading window starting January 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is ahead of the upcoming declaration of the company's standalone and consolidated un-audited financial results for the quarter and nine months ending December 31, 2025. The trading restriction applies to all designated persons and their immediate relatives. The window is set to reopen 48 hours after the financial results are officially disclosed to the stock exchanges.

Trading window closure effective from January 1, 2026.
Closure relates to the un-audited financial results for the period ending December 31, 2025.
Applies to both standalone and consolidated financial performance reports.
Window will reopen 48 hours after the formal announcement of results.
Complies with SEBI (Prohibition of Insider Trading) Regulations, 2015.

💡 This is a routine regulatory announcement with no direct impact on stock value; investors should monitor for the upcoming Q3 FY26 earnings date to evaluate company performance.

View All TEXMOPIPES Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue from operations fell 32% YoY to INR 366.06 Cr. Segment performance: HDPE Pipe dropped 60.1% to INR 104.49 Cr, PVC Pipe fell 9.4% to INR 165.50 Cr, CPVC Pipe fell 89.3% to INR 0.07 Cr, and Trading Sale grew 19.7% to INR 36.83 Cr.

Geographic Revenue Split

Not disclosed in available documents, though operations are primarily centered in Madhya Pradesh (Burhanpur and Pithampur).

Profitability Margins

Return on Net Worth improved to 11.65% from 7.28% (a 60.11% increase) due to higher profit after tax. Return on Capital Employed (ROCE) declined to 8.80% from 12.81% (a 31.25% decrease) due to lower EBIT and higher capital employed.

EBITDA Margin

Not explicitly disclosed, but EBIT decreased as reflected in the 31.25% drop in ROCE.

Capital Expenditure

Consolidated purchase of Property, Plant and Equipment and Intangibles was INR 5.39 Cr (INR 538.67 lakhs) for the period.

Credit Rating & Borrowing

The company maintains a credit rating of 'IND BBB+' for its fund-based facilities.

⚙️ Operational Drivers

Raw Materials

Key raw materials include PVC, HDPE, and CPVC resins, which are subject to significant price volatility.

Capacity Expansion

Subsidiary 'Shree Venkatesh Industries Private Limited' completed its first full year of operations in Pithampur, Indore region, adding new products to the manufacturing portfolio.

Raw Material Costs

Raw material price volatility impacts end-users as costs are passed down; prices are currently showing slight improvement which is expected to positively impact revenue outlook.

📈 Strategic Growth

Growth Strategy

Growth is targeted through the expansion of the product range at the Pithampur subsidiary and leveraging improving raw material price trends to stabilize margins and operational outlook.

Products & Services

PVC Pipes, HDPE Pipes, CPVC Pipes, CPVC Fittings, Moulding Fittings, and Roto Water Tanks.

Brand Portfolio

Texmo.

New Products/Services

The subsidiary in Pithampur is manufacturing and adding 'other products' to its portfolio following its first full year of operations.

Market Expansion

Expansion focused on the Indore region through the Pithampur industrial area facility.

🌍 External Factors

Industry Trends

The industry is currently facing volatility but raw material prices are slightly improving, which is expected to develop a positive revenue and operational outlook.

Competitive Landscape

The company operates in a market with both organized and unorganized sectors, where raw material price fluctuations impact competitive positioning.

Competitive Moat

Moat is supported by a strong internal control framework using SAP ERP and a permanent workforce of 331 employees to ensure operational efficiency.

Macro Economic Sensitivity

Highly sensitive to unseasonal rainfall and volatility in global raw material prices which affect the plastic products industry.

Consumer Behavior

Demand is affected by the ability of manufacturers to pass down costs to end-users in the downstream industry.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with Ind AS 108 (Segment Reporting), SEBI LODR Regulations, and the Companies Act 2013.

Taxation Policy Impact

Direct taxes paid (Net) amounted to INR 2.04 Cr (INR 204.33 lakhs).

Legal Contingencies

The company paid a penalty of INR 0.25 Cr (INR 25 Lakhs) under SEBI Regulation in FY23 for matters related to FY12. There are pending litigations regarding uncertain tax positions under direct and various indirect tax laws.

⚠️ Risk Analysis

Key Uncertainties

Raw material price volatility and unpredicted rainfall are primary risks that can significantly impact operational results, as seen in the 32% revenue decline.