Rex Pipes & Cables Industries Ltd

Rex Pipes & Cables Industries Ltd

₹ 73.2 -4.94%
26 Dec - close price
About

Incorporated in 2002, Rex Pipes And Cables Industries Ltd trades in water pumps, flat cables and pipes

Key Points

Business Overview:[1]
RPCI is a plastic processing company which offers wide range of plastic and copper products i.e. HDPE and PVC Pipes and Cables with a variety of applications in Agriculture, Domestic and Business use. The cables are
manufactured using bright annealed electrolytic grade copper 99.99% pure, manufactured in the house and is insulated with virgin grade PVC.
All of products are sold under the company's brand "REX".

  • Market Cap 69.2 Cr.
  • Current Price 73.2
  • High / Low 91.8 / 54.0
  • Stock P/E 18.0
  • Book Value 34.9
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 17.4 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last 3 years: -4.83%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plastic products Industry: Plastics Products

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
51 51 51 66 58 71 78
48 48 47 62 52 66 74
Operating Profit 3 3 4 4 5 5 5
OPM % 6% 5% 8% 6% 9% 8% 6%
0 0 0 0 0 0 0
Interest 1 1 1 1 1 2 2
Depreciation 1 0 1 1 1 1 1
Profit before tax 1 1 3 2 3 3 2
Tax % 39% 15% 28% 27% 29% 28% 29%
1 1 2 2 2 2 2
EPS in Rs 0.99 1.23 2.17 2.03 2.65 2.36 1.70
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
35 37 32 60 102 117 129 150
32 33 27 55 96 109 118 140
Operating Profit 3 4 5 5 6 9 11 10
OPM % 8% 10% 15% 8% 6% 7% 8% 7%
0 1 0 0 0 1 0 0
Interest 1 1 2 2 2 2 3 3
Depreciation 1 1 2 2 1 2 2 2
Profit before tax 2 2 1 2 3 5 7 5
Tax % 25% 33% 25% 28% 27% 28% 28%
1 1 1 1 2 4 5 4
EPS in Rs 2.05 2.11 1.26 1.82 2.22 4.21 5.01 4.06
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 28%
3 Years: 29%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: 29%
3 Years: 61%
TTM: -10%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 14%
1 Year: 7%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 16%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6 6 6 9 9 9 9
Reserves 3 4 5 11 14 22 24
17 15 20 26 20 28 36
6 8 6 6 14 10 13
Total Liabilities 33 34 38 52 58 70 81
14 12 12 12 12 12 11
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 6 6
19 21 26 40 46 52 64
Total Assets 33 34 38 52 58 70 81

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 9 -3 2 5 8
-4 -0 -1 -2 -2 -7
2 -9 4 3 -4 -1
Net Cash Flow 0 -0 0 3 -1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 90 111 60 63 76 54
Inventory Days 80 149 93 60 43 81
Days Payable 54 100 20 11 35 17
Cash Conversion Cycle 116 160 133 112 85 118
Working Capital Days 121 148 120 106 86 108
ROCE % 11% 12% 11% 16% 18%

Shareholding Pattern

Numbers in percentages

Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
61.03% 61.03% 61.03% 61.12% 55.62% 56.22% 56.20%
38.97% 38.97% 38.97% 38.88% 44.38% 43.78% 43.80%
No. of Shareholders 390337299274297325408

Documents