Texmo Pipes And Products Ltd.
Snapshot View

53.55 -0.25 ▼-0.5%

02 August 2021, 04:00:00 P.M.
Volume: 47,691

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.texmopipe.com
Financial Indicators
Market Cap 157.07 Cr.
Earnings per share (EPS) 3.71 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 14.50 Trailing Twelve Months Ending 2021-03
Industry PE 44.26 Trailing Twelve Months Ending 2021-03
Book Value / Share 55.56 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.97 Calculated using Price: 53.80
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 2.92 Cr. 29,195,000 Shares
FaceValue 10
Company Profile

Texmo Pipes and Products, a public limited company incorporated on July 3, 2008 by conversion of Shree Mohit Industries that was a fast emerging and spearheading industry an associate of Shree Balaji Industries, was established in 1988 at Burhanpur (Madhya Pradesh). The company is equipped with professionally managed team of skilled operators, efficient technocrats and dynamic marketing personnel’s.

The company's image has been developed in the market due to its highest quality products through process excellence by promoting efficiencies, productivity and professionalism with the result its brand Texmo has spread in the heart of millions of widespread clientele, government, semi government organizations and private sectors with in the country and abroad.

Shree Mohit Industries started its operations in the financial year 1999-2000 with manufacturing of PVC pipes having total installed capacity of 2928 MTPA. During 2000- 01, the erstwhile firm started manufacturing HDPE pipes and increased its installed capacity from 2928 mtpa to 4392 mtpa. The new products introduced by the erstwhile firm were plumbing pipe, conduit pipe and PLB HDPE cable duct. Subsequently in the year 2003, the erstwhile firm started manufacturing suction and delivery hose pipe, elastomeric sealing ringfit PVC pipe (gasket pipe), SWR pipe, column pipe, HDPE plain pipe, sprinkler pipe and drip irrigation system. The installed capacity with this expansion was increased to 4137 mtpa and 2228 mtpa for PVC and HDPE pipes respectively, which was further increased to 5933.20 mtpa and 4435.20 mtpa respectively during 2005-06. The company has increased the installed capacity of PVC pipes to 6797.20 mtpa during 2006-07 and 7217 mtpa for HDPE pipes during 2007-08. The total installed capacity as approved by District Trade and Industries Centre, Burhanpur, Government of Madhya Pradesh is 44,000 mtpa.

Presently, it is engaged into manufacturing of range of PVC and HDPE pipes viz. suction and delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC pipe (gasket pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system. It carries out its manufacturing activities at two units. The pipes manufactured by the company suits the requirements of application in irrigation, agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, and bore / tube well for underground water suction. The PVC pipes for potable water supplies have measurement ranging from 20 mm diameter to 315 mm diameters and HDPE pipes have measurement ranging from 20 mm to 630 mm diameter. The company has marketing presence in the states of Madhya Pradesh, Maharashtra, Uttar Pradesh, Gujarat, Andhra Pradesh and Rajasthan.

Shree Mohit Industries was accredited with ISO-9001:2000 certification in respect of its quality management systems from SGS United Kingdom in the year 2002. The erstwhile firm had also got permission by The Bureau of Indian Standard (BIS) to use the standard mark “ISI” for PVC pipes used in potable water supplies. In the year 2001 Bharat Sanchar Nigam, Bangalore, granted the erstwhile firm Technical Specification Evaluation Certificate (earlier termed as Type Approval Certificate) in respect of manufacturing and trading of permanently lubricated HDPE telecom ducts and in 2005, Maharashtra Jeevan Pradhikaran enlisted the firm as an approved manufacturer and supplier of specified PVC pipes. In the year 2006, the government of Maharashtra also enlisted the erstwhile firm for supply of specified pipes for Jalswarajya Project. In the year 2007, Gujarat Water Supply and Sewerage Board approved the company as the approved manufacturer (vendor) for supply of PVC casing and ribbed screen casing pipes.

Products of the company

  • SWR Pipes
  • Solvent Cement
  • Elastomeric Pipes
  • PLB HDPE Duct
  • Rigid PVC Pipes
  • HDPE Pipes
  • Casing Pipes for Tube Well
  • HDPE ID Pipes
  • Conduits Pipes
  • HDPE Sprinkler Pipes
  • Plumbing Pipes
  • LD (Krishi) Pipes
  • Suction Hose and Garden Pipes
  • Submersible Column Pipes

Awards / Recognition

  • Awarded quality assurance certificate first time in Madhya Pradesh from Bharat Sanchar Nigam.
  • Possess ISI certifications from Bureau of Indian Standard (BIS).
  • Rate contract with DGS&D. 
  • Approval certificate from MTNL, BSNL, VSNL, BEST, Idea, Reliance. 
  • Awarded ISO-9001 certificate. 

Group Companies

  • Shree Balaji Industries   
  • Shree Padmavati Irrigations   
  • Shree Venkatesh Industries

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.46%
1 Week
-4.38%
1 Month
+1.61%
3 Month
+87.89%
6 Month
+122.20%
1 Year
+335.72%
2 Year
+302.33%
5 Year
+71.91%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 4.74 1.07 1.49 2.60 2.40 -1.01 0.12 2.23 2.75
Return on Capital Employed (%) 10.08 6.29 7.22 9.55 8.96 6.36 5.78 7.05 8.39
Return on Assets (%) 2.26 0.59 0.88 1.46 1.32 -0.45 0.05 0.88 1.15

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 116 121 128 134 141 190 192 203 213
Non Curr. Liab. 7 4 10 12 15 32 34 30 28
Curr. Liab. 108 71 86 95 103 116 106 113 102
Minority Int. 0 0
Equity & Liab. 231 196 224 241 259 338 332 345 343
Non Curr. Assets 69 67 70 66 66 188 186 186 193
Curr. Assets 161 129 154 176 192 150 147 160 150
Misc. Exp. not W/O 0 0
Total Assets 231 196 224 241 259 338 332 345 343

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 177 207 240 311 258 298 251 310 328
Other Income 1 1 2 2 2 4 4 1 1
Total Income 177 208 241 313 260 302 256 311 329
Total Expenditure -157 -192 -223 -290 -237 -283 -239 -293 -306
PBIDT 20 16 18 23 23 19 16 18 23
Interest -9 -9 -10 -13 -13 -12 -10 -10 -11
Depreciation -5 -5 -5 -5 -6 -7 -5 -6 -6
Taxation -2 -1 -1 -2 -1 -2 -1 -1 -2
Exceptional Items 1 -1
PAT 4 1 2 3 3 -1 0 3 4

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -14 6 9 22 12 8 24 20 20
Cash Fr. Inv. -33 20 -9 -4 -5 -5 -9 -7 -9
Cash Fr. Finan. 42 -25 0 -17 -8 -3 -14 -14 -12
Net Change -6 1 0 1 -1 -1 1 -1 0
Cash & Cash Eqvt 3 4 1 2 1 0 1 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 38.15 38.15 38.15 38.15 38.15 38.15 44.24 44.24 44.24
Public 61.85 61.85 61.85 61.85 61.85 61.85 55.76 55.76 55.76
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Ajay Shrivastava
Designation :- Company Secretary and Compliance Officer
Wed, 21 Jul 2021
Disclosure Of Related Party Transactions On Consolidated Basis Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Half Year Ended On 31St March 2021
Dear Sir /Madam

Please find attached herewith the disclosure of Related Party Transactions on consolidated basis under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the half year ended on 31st March 2021.

Kindly take the same on your records.
Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Texmo Pipes and Products Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Fri, 30 Jul 2021
Opening at High Opening at High
S Close Above Last Week High
William %R Trending Down William %R Trending Down
ROC Trending Down ROC Trending Down
Thu, 29 Jul 2021
S Close Above Last Week High

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