Texmo Pipes and Products

Quick check

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• DebtLook closerRated BBB+ to BB by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 12% and profit rose 23% from a year earlier.
• DilutionSome dilutionIssued 15.3 lakh new shares in the last year (+6%), raising ₹6.98 Cr, partly to the promoters.
• PromotersSteadyThe promoters (founders or parent) own 44% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 9.2 times its yearly earnings (P/E), cheaper than 75% of the time in the last 5 years. Its usual P/E is about 15.

Texmo Pipes and Products against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)9.2 against a typical 20.5: cheaper than most peers (1st = cheapest).12th of 76
• Sales growth+11.6% against a typical +14.5% from a year earlier.35th of 66
• Profit growth+23.3% against a typical +15.3% from a year earlier.24th of 55
• Share price, 3 months+14.2% against a typical −7.7%.9th of 60
• Size₹ 131.5 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).31st of 68

Exchange filings and their impact on the company.

• 13 Oct 2026Pendency of Litigation(s)/dispute(s) or the outcome impacting the CompanyHigh impactVery negativePrice +2.2% on 14 Oct
  Arbitrator ordered Texmo to pay L&T Rs 25.66 cr plus interest, equal to ~1.8x annual profit.

  Texmo Pipes received an arbitration award dated September 24, 2026 in its dispute with Larsen and Toubro, directing Texmo to pay Rs 25.66 crore with 8% annual interest and costs. The arbitrator dismissed Texmo's counter-claims but said its Rs 23.51 crore dues can be pursued in another court. The company said there is no operational impact and it is evaluating legal recourse, but the payout equals about 1.8 times its FY26 net profit if enforced.

  Full analysisFiling
• 13 Oct 2026Outcome of Board MeetingLow impactPositivePrice +2.2% on 14 Oct
  Texmo allotted 1.53m shares to promoters for Rs 7 cr, lifting promoter stake and net worth with ~5% dilution.

  On October 13, 2026, Texmo Pipes allotted 15.3 lakh equity shares at Rs 45.65 each to promoters Sanjay Kumar Agrawal and Rashmi Agrawal for Rs 6.98 crore on a preferential basis. Paid-up capital rose to 30.73 million shares and promoter holding rose to about 38%. The small cash infusion modestly strengthens the balance sheet with limited dilution for other shareholders.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.