As of 6 Nov 2026, Cubex Tubings trades at 26.3× trailing earnings, above the industry P/E of 23.1×, and the shares are 22% below their 52-week high. It earns ROCE of 15% and ROE of 9.4%, and sales and net profit grew 15% and 41% a year over 3 years. Debt is 0.52× equity. It is a small-cap company with a market cap of ₹274 Cr, ranked 3rd of 8 Copper companies by market cap; the shares rose 105% over the past year.
- ₹190.00
- ₹191.43
- ₹190.00
- ₹187.68
- 20.3K
Health check
- ReturnsAhead
+105.4% over a year, better than 6 of 7 peers.
- Price tagIn line
P/E 26.3 vs industry 23.1.
- GrowthStrong
Sales +14.7%, profit +41.2% a year over 3 years.
- ProfitabilityWeak
ROCE 15.2% vs peer median 26.8%.
- Balance sheetFair
Debt 0.52× equity, interest covered 3.5×, Piotroski 4 of 9.
- Red flags1 to check
Interest coverage of only 1.7×.
Small cap
Defensive
Key metrics
- Market cap
- ₹274 Cr
- Small cap
- P/E
- 26.3
- Industry 23.1
- Price to book
- 3.29
- Peers 2.72
- Dividend yield
- 0.00%
- ROE
- 9.4%
- Peers 11.5%
- ROCE
- 15.2%
- Peers 26.8%
- Debt to equity
- 0.52
- Debt ₹43 Cr
- EPS (TTM)
- ₹7.27
- Face value ₹10
- OPM (TTM)
- 3.6%
- Net margin 2.5%
- Sales growth
- +12.6%
- Latest quarter vs a year ago
- Profit growth
- +161.9%
- Latest quarter vs a year ago
- Price to sales
- 0.90
- EV/EBITDA 41.3
Strengths and risks
Strengths
- Quarterly profit up 161.9% on a year ago.
Risks to check
- Interest coverage of only 1.7×.
About Cubex Tubings
Cubex Tubings Limited manufactures and fabricates copper and copper based alloy products in India and internationally. It offers copper products, such as DLP, DHP, ETP, and medical gas copper tubes; copper round and bus bars; and copper wires and profiles. The company also provides copper alloy products, including admiralty brass and aluminum brass tubes, as well as copper nickel tubes; copper-nickel fittings and flanges; and nickel-copper alloy tubes. In…
- Headquarters
- Hyderabad
- Sector
- Basic Materials
- ISIN
- INE144D01012
- Website
- cubextubings.com
Price range
- Avg volume (3M)
- 2 L
- 1-year return
- plus 105.4%
- From 52-week high
- minus 21.6%
Peers · Copper
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDCOPPERHindustan Copper | 421.15 | minus 1.45% | 40,726 | 35.9 | 26.7 | 34.5% | 41.5% | 0.03 | 22.5% | plus 28.6% |
| JTLDEFENCEJTL Defence | 496.30 | minus 1.99% | 522 | – | 137.6 | 0.4% | 15.9% | 0.34 | −5.7% | plus 650.4% |
| CUBEXTUBCubex Tubings | 191.43 | plus 2.00% | 274 | 26.3 | 47.3 | 15.2% | 3.6% | 0.52 | 14.7% | plus 105.4% |
| BHAGYANGRBhagyanagar India | 73.14 | minus 4.99% | 245 | 3.7 | 4.7 | 33.4% | 4.8% | 1.01 | 8.8% | minus 44.6% |
| BAROEXTBaroda Extrusion | 9.62 | minus 1.64% | 187 | 15.3 | 20.9 | 38.7% | 7.1% | 0.20 | 11.9% | plus 22.6% |
| MCLM TEK COPPER | 51.73 | minus 1.39% | 140 | 31.4 | 16.7 | 20.3% | 4.5% | 0.83 | – | plus 8.0% |
| RAJMETRajnandini Metal | 2.93 | minus 0.34% | 81 | – | – | – | 1.4% | 0.24 | – | minus 32.9% |
| SAGARDEEPSagardeep Alloys | 25.92 | minus 2.78% | 44 | 19.9 | 23.2 | 11.8% | 2.5% | 0.38 | 11.2% | minus 7.2% |
| Median of 7 peers | – | −1.64% | 187 | 19.9 | 22.0 | 26.8% | 4.8% | 0.34 | 11.2% | 8.0% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 73.7 | 75 | 89.4 | 65 | 83 | |
| 70.4 | 71.4 | 92.1 | 61.8 | 75.8 | |
| 3.3 | 3.7 | −2.7 | 3.2 | 7.2 | |
| 4.4% | 4.9% | −3.1% | 4.9% | 8.6% | |
| 0.4 | 1.8 | 5.4 | 0 | 0.6 | |
| 1 | 1 | 1 | 1 | 1.2 | |
| 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | |
| 2.5 | 4.2 | 1.3 | 1.9 | 6.2 | |
| 29.1% | 26.3% | −7.5% | 29.1% | 26.5% | |
| 1.7 | 3.1 | 1.4 | 1.3 | 4.6 | |
| 0.92 | 2.17 | 0.96 | 0.92 | 3.19 |
Profit & loss
- Sales CAGR 3Y
- +14.7%
- Profit CAGR 3Y
- +41.2%
- EPS CAGR 3Y
- +41.2%
- ROE
- 9.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 191 | 221 | 267 | 288 | |
| – | +15.6% | +21.0% | +7.8% | |
| 187 | 214 | 257 | 281 | |
| 4.5 | 6.9 | 9.7 | 6.6 | |
| 2.4% | 3.1% | 3.6% | 2.3% | |
| 1.9 | 1.7 | 2.1 | 8.2 | |
| 0.9 | 2 | 2.5 | 3.9 | |
| 1.4 | 1.3 | 1.2 | 1.3 | |
| – | 0.1 | – | – | |
| 4.1 | 5.3 | 8.1 | 9.6 | |
| 35.8% | 24.7% | 17.6% | 22.6% | |
| 2.6 | 4 | 6.7 | 7.5 | |
| – | +50.6% | +67.0% | +11.9% | |
| 1.85 | 2.78 | 4.65 | 5.21 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.3 | 14.3 | 14.3 | 14.3 | |
| 50.4 | 54.9 | 61.6 | 69 | |
| 12.9 | 15.1 | 33.5 | 43.4 | |
| 19.7 | 20.6 | 30.7 | 80.9 | |
| 97.3 | 105 | 140 | 208 | |
| 15.3 | 14.4 | 13.6 | 13.2 | |
| – | – | – | 5.5 | |
| 0.9 | 3.8 | 1.9 | 4 | |
| 81.1 | 86.6 | 125 | 185 | |
| 97.3 | 105 | 140 | 208 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 3.4 | −0.8 | 5.3 | |
| 0.5 | 1.2 | −2.5 | 0.9 | |
| −0.7 | −1.7 | 1.3 | −4.1 | |
| −0.2 | 3 | −1.9 | 2.1 | |
| −0.8 | −1.1 | −0.5 | −0.9 | |
| −0.7 | 2.4 | −1.2 | 4.3 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.