REXPIPES

Rex Pipes And Cables Industries Limited

Listed company · ISIN INE00D001018 · NSE SM · FV ₹10
Last price
₹153
-4.98%today
What this company does

Rex Pipes And Cables Industries Limited is a listed company. It booked ₹60 cr of revenue in its latest half year (H2 FY26) and kept 4.5% of sales as profit.

52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 companies that reported it.

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

Profitability & returns65

How much profit it earns on the money it employs

Balance sheet29

How much it owes, and whether earnings cover the interest

Cash quality50

Whether reported profit actually arrives as cash

Valuation32

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 57%
✓ No promoter shares pledged
✓ Strong 17% return on equity
Watch-outs
! Thin 4.5% net margin

What if I invest in REXPIPES?

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 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — 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 We do not publish price targets or predict returns.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 half year + price
₹153▼ -4.98%
latest close · 2026-11-03
52-wk low ₹26214 sessions so far52-wk high ₹178
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 ratio26.9Average
LowAverageHigh
P/B ratio4.55High
Below bookModerateHigh
EV / EBITDA17.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.9%Strong
WeakFairStrong ▸15%
Return on capital24.1%Strong
WeakFairStrong
Net margin4.5%Thin
ThinDecentStrong
EBITDA margin8.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.93Moderate
LowModerateHigh ▸1
Interest cover3.8×Okay
RiskyOkayStrong ▸5×
Current ratio1.69Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹144 cr
Book value
₹34
EPS
₹2.84
latest half year
Net debt
₹28 cr
owes more than its cash
Enterprise value
₹173 cr
EBITDA
₹10 cr
annualised
EBIT
₹10 cr
annualised
Operating margin
8.5%
Return on assets
6.5%
Earnings yield
3.72%
P/S
1.21
Sales / share
₹126.4
Tax rate
28.0%
Face value
₹10
Shares
0.9 cr
Working capital
₹28 cr
Current assets
₹68 cr
Current liabilities
₹40 cr
Delivery %
100.0%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the exchange 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 ₹12–₹36, midpoint ₹24

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 · H2 FY26 (consolidated)
Revenue from Operations₹60 cr
Other Income₹2 cr
Total Income₹62 cr
Cost of Materials₹38 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹2 cr
Finance Costs₹1 cr
Other Expenses₹5 cr
Total Expenses₹58 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹3 cr
Net margin on total income4.4%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹49 cr79.5%
Employee benefit expense₹2 cr2.8%
Finance costs₹1 cr2.2%
Other expenses₹6 cr9.5%
Tax expense₹1 cr1.7%
Profit for the period₹3 cr4.4%
Total income ₹62 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue61 cr60 cr
Total income61 cr62 cr
Expenses58 cr58 cr
Profit before tax3 cr4 cr
Tax85.5 L1 cr
Net profit (owners' share)2 cr3 cr
Net margin (owners' share, on revenue)3.2%4.5%
EPS (₹)2.072.84
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹82 cr
Shareholder equity
₹32 cr
parent shareholders
Total debt
₹30 cr
Cash
₹1 cr
Who owns it · 2026-09-30
No pledge
Promoter
57.0%
FII / Foreign
—
DII / Domestic
0.0%
Retail / others
43.0%
Promoter stake up 0.8% over the last 5 quarters.
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 · 15 Sep 2026
See the official result
1
1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March, 2026 and the Report of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
17.51 L votes for, 0 against
2
2. To appoint a Director in place of Mr Jitendra Kumar Kaler (DIN- 08025425), 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%
17.51 L votes for, 0 against
3
3. APPOINTMENT OF MR. VARUN KACHOLIA (DIN: 05190391) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY To consider and if thought fit, to pass the following resolution, with or without modifications, as a Special resolution: "RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, 161 and other applicable provisions, if any, of the Companies Act, 2013 ("Act") read with Schedule IV to the Act, the Companies (Appointment and Qualification of Directors) Rules, 2014 and applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended from time to time, and pursuant to the recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors, Mr. Varun Kacholia (DIN: 05190391), who was appointed by the Board of Directors as an Additional Director (Non-Executive Independent Director) of the Company with effect from 30.01.2026 pursuant to Section 161(1) of the Act and who holds office up to the date of this Annual General Meeting, and in respect of whom the Company has received a notice in writing under Section 160 of the Act proposing his candidature for the office of Director, be and is hereby appointed as a Non-Executive Independent Director of the Company, not liable to retire by rotation, to hold office for a first term of five (5) consecutive years commencing from 30th January, 2026 and ending on 29th January, 2031.” “RESOLVED FURTHER THAT the Board of Directors of the Company (including any Committee thereof) be and are hereby severally authorised to do all such acts, deeds, matters and things as may be considered necessary, proper or expedient to give effect to this Resolution, including filing of necessary e-forms with the Registrar of Companies, making necessary intimations to the Stock Exchange(s) and doing all such acts as may be required under the applicable laws."
Backed by 100% of shareholders other than promotersneeded 75%
17.51 L votes for, 0 against
4
4. TO RATIFY THE REMUNERATION OF COST AUDITOR To consider and if thought fit, to pass the following resolution, with or without modifications, as an Ordinary resolution: “RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit & Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), the remuneration payable to M/s S. Goyal & Co., Cost Accountants, Jaipur, having Registration No. 005883, appointed by the Board of Directors of the Company to conduct the audit of the Cost Records of the Company for the financial year ending 31st March, 2027, amounting to Rs. 25,000/- (Rupees Twenty Five Thousand only) along with GST as applicable be and is hereby ratified and confirmed.”
Backed by 100% of shareholders other than promotersneeded 50%
17.51 L votes for, 0 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 — 6 named members
owning 57.0% between them · as of 2026-09-30
SHARWAN KUMAR KALER39.33%
SOHANI DEVI8.92%
SHARWAN KUMAR KALER & SONS HUF .7.67%
RAJENDRA KALER0.53%
SUMAN GADWAL0.44%
JITENDRA KUMAR KALER0.11%
Business done with them
FY2026 · 5 of the group
The company paid ₹77.3 L to companies in the promoter group last year — about 0.6% of its ₹121 cr revenue and received ₹63.3 L back from them.
Sharwan Kumar Kaler
Sold goods to them · Remuneration and rent paid, Purchase, Sales from Supreme Industries (Propritorship), Reimbursement of Exp and Interest Receivable
also owns 39.33% of the company
₹54.9 L
company received
Sharwan Kumar Kaler
Bought goods from them · Remuneration and rent paid, Purchase, Sales from Supreme Industries (Propritorship), Reimbursement of Exp and Interest Receivable
also owns 39.33% of the company
₹47 L
company paid
Jitendra Kumar Kaler
Bought goods from them · Rent Paid and sale and purchase from R.K. Industries, Pro. firm and Remuneration paid and Interest receivable
also owns 0.11% of the company
₹19.7 L
company paid
Suman Gadwal
Other payments to them · Managerial Remuneration
also owns 0.44% of the company
₹10.7 L
company paid
Jitendra Kumar Kaler
Sold goods to them · Rent Paid and sale and purchase from R.K. Industries, Pro. firm and Remuneration paid and Interest receivable
also owns 0.11% of the company
₹8.1 L
company received
Sohani Devi
Leases As Lessor · Remuneration and rent paid and Interest Receivable and sales to Rex Cold Storage, pro. firm
also owns 8.92% of the company
₹7.3 L
company received
Sharwan Kumar Kaler
Reimbursement Of Expenses Incurred On Behalf Of Company During Year · Remuneration and rent paid, Purchase, Sales from Supreme Industries (Propritorship), Reimbursement of Exp and Interest Receivable
also owns 39.33% of the company
₹4 L
company received
Jitendra Kumar Kaler
Leases As Lessor · Rent Paid and sale and purchase from R.K. Industries, Pro. firm and Remuneration paid and Interest receivable
also owns 0.11% of the company
₹2.6 L
company received
Rajendra Kaler
Reimbursement Of Expenses Incurred On Behalf Of Company During Year · Remuneration paid, Reimbursement of exp., Sale of Car and Interest Receivable
also owns 0.53% of the company
₹2.5 L
company received
Sharwan Kumar Kaler
Leases As Lessor · Remuneration and rent paid, Purchase, Sales from Supreme Industries (Propritorship), Reimbursement of Exp and Interest Receivable
also owns 39.33% of the company
₹1.4 L
company received
Rajendra Kaler
Sales Of Tangible Assets · Remuneration paid, Reimbursement of exp., Sale of Car and Interest Receivable
also owns 0.53% of the company
₹0.88 L
company received
Sohani Devi
Sold goods to them · Remuneration and rent paid and Interest Receivable and sales to Rex Cold Storage, pro. firm
also owns 8.92% of the company
₹0.34 L
company received

The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.