Why is Texmo Pipes & Products Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.53%
- Poor long term growth as Net Sales has grown by an annual rate of 1.99% and Operating profit at 6.36% over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.31
2
Flat results in Dec 24
- DEBTORS TURNOVER RATIO(HY) Lowest at 7.86 times
- NET SALES(Q) At Rs 109.84 cr has Fallen at -10.31%
3
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 10-Jan-25 and has generated -18.27% returns since then
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Below par performance in long term as well as near term
- Along with generating -40.43% returns in the last 1 year, the stock has also underperformed BSE 500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Plastic Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Texmo Pipes for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Texmo Pipes
-41.19%
-0.96
42.27%
SENSEX
0.45%
0.03
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
1.99%
EBIT Growth (5y)
6.36%
EBIT to Interest (avg)
1.31
Debt to EBITDA (avg)
0.89
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.96
Tax Ratio
48.60%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.24%
ROCE (avg)
3.28%
ROE (avg)
3.35%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
33
Price to Book Value
0.71
EV to EBIT
9.09
EV to EBITDA
5.59
EV to Capital Employed
0.76
EV to Sales
0.50
PEG Ratio
0.10
Dividend Yield
NA
ROCE (Latest)
7.73%
ROE (Latest)
4.61%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Bullish
No Trend
Technical Movement
13What is working for the Company
PAT(Q)
At Rs 5.01 cr has Grown at 102.0%
OPERATING PROFIT TO INTEREST(Q)
Highest at 8.15 times
PBT LESS OI(Q)
At Rs 5.19 cr has Grown at 59.69%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 12.86 cr
-10What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 7.86 times
NET SALES(Q)
At Rs 109.84 cr has Fallen at -10.31%
Loading Valuation Snapshot...
Here's what is working for Texmo Pipes
Profit After Tax (PAT) - Quarterly
At Rs 5.01 cr has Grown at 102.0%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 8.15 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 5.19 cr has Grown at 59.69%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 12.86 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Texmo Pipes
Net Sales - Quarterly
At Rs 109.84 cr has Fallen at -10.31%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Lowest at 7.86 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio