CUBEXTUBIndustrials

Cubex Tubings Limited

Aluminium, Copper & Zinc Products · ISIN INE144D01012 · BSE 526027 · NSE BE · FV ₹10
Last price
₹184
-1.62%today
What this company does

Cubex Tubings Limited operates in Aluminium, Copper & Zinc Products, part of the Industrials sector. It booked ₹83 cr of revenue in its latest quarter (Q2 FY27) and kept 5.5% of sales as profit. It is the 6th largest of 7 Aluminium, Copper & Zinc Products companies we track, by market value.

In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 125–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns76

How much profit it earns on the money it employs

Balance sheet45

How much it owes, and whether earnings cover the interest

Cash quality45

Whether reported profit actually arrives as cash

Growth & consistency83

Whether sales and profit have grown, and how steadily

Valuation56

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 13% vs last year
✓ Profit up 162% vs last year
✓ Promoters hold 44%
✓ No promoter shares pledged
✓ Strong 20% return on equity
Watch-outs
! Thin 5.5% net margin
! Operating cash flow is negative

What if I invest in CUBEXTUB?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹184▼ -1.62%
latest close · 2026-11-04
1-year return
+660.3%
52-wk low ₹2152-wk high ₹244
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.4Low
LowAverageHigh
P/B ratio2.95Moderate
Below bookModerateHigh
EV / EBITDA9.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity20.5%Strong
WeakFairStrong ▸15%
Return on capital28.7%Strong
WeakFairStrong
Net margin5.5%Decent
ThinDecentStrong
EBITDA margin9.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.50Comfortable
LowModerateHigh ▸1
Interest cover6.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.65Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹263 cr
Book value
₹62
EPS
₹3.19
latest quarter
Net debt
₹40 cr
owes more than its cash
Enterprise value
₹303 cr
EBITDA
₹31 cr
annualised
EBIT
₹30 cr
annualised
Operating margin
8.9%
Return on assets
8.8%
Earnings yield
6.93%
P/S
0.79
Sales / share
₹231.8
Tax rate
26.5%
Face value
₹10
Shares
1.4 cr
Working capital
₹68 cr
Current assets
₹172 cr
Current liabilities
₹104 cr
Delivery %
54.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹24–₹36, midpoint ₹30

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹83 cr
Other Income₹59.7 L
Total Income₹84 cr
Cost of Materials₹75 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹43.7 L
Finance Costs₹1 cr
Depreciation & Amortisation₹35 L
Other Expenses₹3 cr
Total Expenses₹77 cr
Profit before Tax₹6 cr
Tax Expense₹2 cr
Net Profit₹5 cr
Net margin on total income5.5%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹73 cr87.1%
Employee benefit expense₹43.7 L0.5%
Finance costs₹1 cr1.4%
Depreciation & amortisation₹35 L0.4%
Other expenses₹3 cr3.1%
Tax expense₹2 cr2.0%
Profit for the period₹5 cr5.5%
Total income ₹84 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue89 cr65 cr83 cr
Total income95 cr67 cr84 cr
Expenses94 cr65 cr77 cr
Profit before tax1 cr2 cr6 cr
Tax-9.6 L54 L2 cr
Net profit (owners' share)1 cr1 cr5 cr
Net margin (owners' share, on revenue)1.5%2.0%5.5%
EPS (₹)0.960.923.19
YoY (latest quarter): total income +12.7% · net profit +161.9%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹207 cr
Shareholder equity
₹89 cr
parent shareholders
Total debt
₹44 cr
Cash
₹5 cr
Cash flow · H1 FY27
Operating
₹-5 cr
Investing
₹17.3 L
Financing
₹6 cr
Peer comparison
Aluminium, Copper & Zinc Products · by market value
CompanyPriceMarket capP/E
Precision Wires India Limited₹404₹7,378 cr39.7
KSH International Limited₹951₹6,442 cr38.2
CMR Green Technologies Limited₹204₹4,976 cr18.2
Vidya Wires Limited₹80₹1,694 cr24.6
Euro Panel Products Limited₹143₹350 cr18.3
Cubex Tubings Limitedthis company₹187₹268 cr14.7
Century Extrusions Limited₹17₹134 cr8.9
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
44.4%
FII / Foreign
0.8%
DII / Domestic
0.3%
Retail / others
54.5%
Smart-money activity
Bulk / block deals
BoughtKIFS ENTERPRISE · NSE71,807 @ ₹232.519 Oct 26
BoughtKIFS ENTERPRISE · NSE79,646 @ ₹210.9115 Oct 26
BoughtMAYURI SHRIPAL VORA · NSE90,000 @ ₹200.8714 Oct 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2025
See the official result
1
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2025 including the Audited Balance Sheet and Statement of Profit & Loss for the year ended on that date and Reports of Directors and Auditors thereon for the said year:
Backed by 100% of shareholders other than promotersneeded 50%
15.15 L votes for, 34 against
2
To appoint a Director in place of Mr. Bhandari Veerandra (DIN: 00062228) who retires by rotation and being eligible offers himself for re-appointment.:
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
15.15 L votes for, 109 against
3
To appoint a Director in place of Mrs. VEENA BHANDARI (DIN: 03570489) who retires by rotation and being eligible offers herself for re-appointment:
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
15.15 L votes for, 34 against
4
To Re-Appoint M/s JMT ASSOCIATES, Chartered Accountants (Firm Registration No. 104167W) as Statutory Auditors of the Company for the Second Term of 4 Years:
Backed by 100% of shareholders other than promotersneeded 50%
15.15 L votes for, 109 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 44.4% between them · as of 2026-09-30
NADOL TRADING PVT LTD14.84%
CUBEX SECURITIES LTD13.04%
MAVV TRADING PRIVATE LTD11.35%
VIRENDRA KUMAR BHANDARI2.62%
VEENA BHANDARI1.52%
MOHINIDEVI BHANDARI1.02%
KIRAN SANCHETI .0.02%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.