Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Profit & Loss 
Valuation 
Analyst Note 
Balance Sheet 
Cash Flow 
Financial Ratio 
Qtr. Results 
News 
About
Cubex Tubings Ltd (CUBEXTUB)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526027 NSE: CUBEXTUB Metal - Non Ferrous | Small Cap | Cubex Tubings Share Price
₹77.19 -0.13 (-0.17%)
As on 24-Jul'26 16:59
Cubex Tubings Ltd (CUBEXTUB)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526027 NSE: CUBEXTUB Metal - Non Ferrous | Small Cap | Cubex Tubings Share Price
₹77.19 -0.13 (-0.17%)
As on 24-Jul'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹111 Cr.
Current Price
₹77.2
52-Week Low / High
₹73 / 144
TTM EPS
₹5.2
TTM Sales
₹288 Cr.
Book Value per Share
₹58.2
P/E Ratio
14.83
Lower than its 5-year historical median
Industry PE
17.8
Price to Book (P/B)
1.33
In line with its 5-year historical median
Price to Sales (P/S)
0.38
Lower than its 5-year historical median
EV/EBITDA
10.10
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
9.37%
Outperforms industry median
Return on Capital Employed (ROCE)
11.49%
Outperforms industry median
Return on Assets (ROA)
4.29%
Operating Profit Margin
2.3%
Net Profit Margin
2.59%
Gross Profit Margin
3.2%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
7.82%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-31.65%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
11.86%
Asset Quality
Promoter Holding
44.42%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹69 Cr.
Equity
₹14.3 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 143.82
Check Before You Invest
Quality
Not GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Weak
Is Cubex Tubings Ltd a good quality company?
Cubex Tubings Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Cubex Tubings Ltd performance compare with that of its Peers?
Revenue growth of Cubex Tubings Ltd vs industry peers?
Cubex Tubings Ltd revenue CAGR is 32.58%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Cubex Tubings Ltd?
Promoters hold 44.42% of the Cubex Tubings Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Cubex Tubings Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 19.6% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Cubex Tubings Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 1.1% | 1.5% | 2% | 1.9% | 4.1% | 4.8% | 6.7% | 9% | 10.9% | 11.5% | - |
| Value Creation Index ⓘ | -0.9 | -0.9 | -0.9 | -0.9 | -0.7 | -0.7 | -0.5 | -0.4 | -0.2 | -0.2 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 46.7 | 51 | 74.9 | 59.9 | 70.3 | 134 | 191 | 221 | 267 | 288 | 288 |
| Sales YoY Gr. | - | 9.1% | 46.9% | -20% | 17.4% | 90.1% | 43% | 15.6% | 21% | 7.8% | - |
| Adj EPS ⓘ | 0.2 | 0.1 | 0.3 | 0.3 | 0.9 | 1.5 | 1.9 | 2.8 | 4.5 | 5.2 | 5.2 |
| YoY Gr. | - | -18.8% | 146.2% | -6.3% | 183.3% | 78.8% | 21.7% | 50.3% | 62.2% | 14.9% | - |
| BVPS (₹) ⓘ | 39.6 | 40.1 | 40.6 | 40.9 | 41.8 | 43.5 | 45.4 | 48.5 | 53.2 | 58.4 | 58.2 |
| Adj Net Profit ⓘ | 0.2 | 0.2 | 0.5 | 0.4 | 1.2 | 2.2 | 2.6 | 4 | 6.5 | 7.4 | 7 |
| Cash Flow from Ops. ⓘ | 2.2 | 3.6 | -0.2 | 3.4 | -0.1 | 1.2 | 0.1 | 3.4 | -0.8 | 5.3 | - |
| Debt/CF from Ops. ⓘ | 2.3 | 2 | -24.9 | 1.5 | -12.1 | 8.3 | 107.6 | 4.4 | -43.1 | 8.2 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 22.4% | 32.6% | 14.7% | 7.8% | ||||
| Adj EPS ⓘ | 47.2% | 43.5% | 41% | 14.9% | ||||
| BVPSⓘ | 4.4% | 6.9% | 8.8% | 9.8% | ||||
| Share Price | 19.6% | 22.4% | 23.7% | -16.3% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0.4 | 0.3 | 0.8 | 0.7 | 2.1 | 3.6 | 4.2 | 6 | 8.9 | 9.3 | 8.9 |
| Op. Profit Mgn % ⓘ | 0.1 | -0.3 | 0.8 | 2.4 | 4.3 | 1.9 | 2.4 | 3.1 | 3.6 | 2.3 | 2.5 |
| Net Profit Mgn % ⓘ | 0.5 | 0.4 | 0.6 | 0.7 | 1.7 | 1.6 | 1.4 | 1.8 | 2.4 | 2.6 | 2.6 |
| Debt to Equity ⓘ | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0.2 | 0.2 | 0.2 | 0.4 | 0.5 | 0 |
| Working Cap Days ⓘ | 329 | 356 | 241 | 308 | 289 | 175 | 131 | 118 | 123 | 170 | 80 |
| Cash Conv. Cycle ⓘ | 178 | 192 | 129 | 167 | 134 | 80 | 68 | 62 | 62 | 62 | 30 |
Profit And Loss
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 47 | 51 | 75 | 60 | 70 | 134 | 191 | 221 | 267 | 288 |
| Operating Expenses ⓘ + | 47 | 51 | 74 | 58 | 67 | 131 | 187 | 214 | 257 | 281 |
| Operating Profit ⓘ | 0 | -0 | 1 | 1 | 3 | 3 | 5 | 7 | 10 | 7 |
| Operating Profit Margin (%) | 0.1% | -0.3% | 0.8% | 2.4% | 4.3% | 1.9% | 2.4% | 3.1% | 3.6% | 2.3% |
| Other Income ⓘ + | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 8 |
| Interest ⓘ | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 4 |
| Depreciation ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit Before Tax ⓘ | 0 | 0 | 1 | 1 | 2 | 2 | 4 | 5 | 8 | 10 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 |
| Profit After Tax | 0 | 0 | 1 | 0 | 1 | 2 | 3 | 4 | 7 | 7 |
| PAT Margin (%) | 0.8% | 0.8% | 0.9% | 0.7% | 1.9% | 1.8% | 1.4% | 1.8% | 2.5% | 2.6% |
| Adjusted EPS (₹) | 0.3 | 0.3 | 0.5 | 0.3 | 0.9 | 1.7 | 1.9 | 2.8 | 4.7 | 5.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Valuation of Cubex Tubings - Standalone
Analyst's Notes
No data found!
Balance Sheet
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 57 | 57 | 58 | 58 | 60 | 62 | 65 | 69 | 76 | 83 | |
| Debt + | 4 | 6 | 5 | 5 | 1 | 10 | 13 | 15 | 33 | 38 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 5 | 8 | 13 | 13 | 22 | 18 | 12 | 13 | 24 | 73 | |
| Others Liabilities ⓘ | 3 | 3 | 3 | 3 | 3 | 6 | 7 | 7 | 7 | 13 | |
| Total Liabilities ⓘ | 68 | 75 | 79 | 79 | 86 | 96 | 97 | 105 | 140 | 208 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 18 | 17 | 15 | 17 | 15 | 16 | 15 | 14 | 14 | 13 | |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Investments ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Inventories | 6 | 12 | 12 | 19 | 19 | 17 | 22 | 15 | 32 | 88 | |
| Trade Receivables | 25 | 25 | 38 | 29 | 35 | 43 | 36 | 45 | 60 | 52 | |
| Cash Equivalents | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 4 | |
| Others Assets ⓘ | 17 | 18 | 12 | 13 | 16 | 19 | 23 | 26 | 33 | 50 | |
| Total Assets ⓘ | 68 | 75 | 79 | 79 | 86 | 96 | 97 | 105 | 140 | 208 | |
Cash Flow
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 2 | 4 | -0 | 3 | -0 | 1 | 0 | 3 | -1 | 5 |
| Cash Flow From Investing Activity ⓘ + | -0 | -1 | 1 | -3 | -0 | -0 | 0 | 1 | -2 | 1 |
| Cash Flow From Financing Activity ⓘ + | -1 | -4 | -1 | -0 | -1 | -1 | -1 | -2 | 1 | -4 |
| Net Cash Flow ⓘ | 1 | -1 | -0 | 1 | -1 | -0 | -0 | 3 | -2 | 2 |
Financial Ratio
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 0.63 | 0.67 | 1.15 | 0.74 | 2.26 | 3.97 | 4.18 | 5.96 | 9.19 | 9.37 |
| ROCE (%) | 1.14 | 1.46 | 1.96 | 1.9 | 4.12 | 4.8 | 6.74 | 8.97 | 10.91 | 11.49 |
| Asset Turnover Ratio | 0.76 | 0.74 | 1.15 | 0.91 | 0.99 | 1.7 | 2.31 | 2.56 | 2.56 | 1.95 |
| PAT to CFO Conversion(x) | N/A | N/A | -0 | N/A | -0 | 0.5 | 0 | 0.75 | -0.14 | 0.71 |
| Working Capital Days | ||||||||||
| Receivable Days | 176.80 | 173.50 | 129.40 | 168.30 | 141.90 | 91.60 | 64.60 | 57.60 | 61.20 | 60.40 |
| Inventory Days | 34.70 | 62.90 | 50.70 | 78.20 | 83.60 | 42.30 | 32.10 | 26.40 | 27.30 | 64.40 |
| Payable Days | 41.30 | 52.60 | 59.60 | 96 | 106.30 | 59.40 | 32 | 23.60 | 27.50 | 66.50 |
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Cubex Tubings Ltd FAQs
The current trading price of Cubex Tubings on 24-Jul-2026 16:59 is ₹77.19.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Jul-2026 the market cap of Cubex Tubings stood at ₹110.5 Cr
The latest P/E ratio of Cubex Tubings as of 23-Jul-2026 is 14.83.
The latest P/B ratio of Cubex Tubings as of 23-Jul-2026 is 1.33.
The 52-week high of Cubex Tubings is ₹143.8 and the 52-week low is ₹73.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cubex Tubings is ₹288 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Cubex Tubings Ltd is a below average quality company.
The key valuation ratios of Cubex Tubings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Cubex Tubings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Cubex Tubings Ltd
Cubex Tubings Limited was incorporated on August 10, 1979. It manufactures copper alloy tubes, wires, sheets, flats, and rods for boilers, condensers, heat exchangers, medical purposes, infrastructure, power generation, defense, and many other processes. The company’s factory is strategically located to expedite the delivery of its products to shipping ports across the world.
The company’s copper alloy tubing can be found primarily in power plants, petroleum refineries, and nuclear plants. Rods and wires can be found in electrical and construction companies. It also works with other niche industries and small businesses that meet its minimum order quantity.
The company takes advantage of the combined experience and efforts of hundreds of highly skilled workers and engineers to bring you the best quality copper alloy products at the best price. Speed and ease-of-transaction is its number one goal. Its sales group knows the deadlines you are up against and work to provide you with the fastest possible turnaround on quotes and delivery.
Business area of the company
The company is a manufacturer of seamless solid drawn Tubes, Rods, Bus bars and Wires of copper and copper based alloys such as Cupronickel, admiralty Brass, Aluminum Brass etc. Copper because of its high electrical conductivity and heat transfer characteristics finds wide application in the form of Tubes, Rods, Strips and Wires. The user industries are Power Plants, Power plants manufacturers, Switchgears, Refineries, Furnace manufacturers, Sugar plants, Automobile and Electrical Equipment industries & Ship Builders.
Products
- Copper Products
- Copper Alloy Products
- Nickel Alloy Products
- Copper Nickel Fittings / Flanges
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