Cubex Tubings
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Cubex Tubings' board approved a proposal to raise ₹135 crore through debt securities and/or other securities including instruments convertible into equity, in one or more tranches subject to necessary approvals. The board convened an extraordinary general meeting on 28 October 2026 to seek shareholder approval, with the notice and explanatory statement to be issued separately. The company manufactures seamless copper and copper-alloy tubes, rods, bus bars and wires at its sole plant at Patancheru in Telangana and reported revenue of ₹288.01 crore with net profit of ₹7.45 crore in the year to March. Inventory stood at ₹88.1 crore and trade payables at ₹72.7 crore at the close of March, with current borrowings of ₹39.7 crore. Annual capital expenditure was about ₹0.9 crore in FY26 and the company has no subsidiaries.
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Cubex Tubings' board approved a proposal to raise ₹135 crore through debt securities and/or other securities including instruments convertible into equity, in one or more tranches subject to necessary approvals. The board convened an extraordinary general meeting on 28 October 2026 to seek shareholder approval, with the notice and explanatory statement to be issued separately. The company manufactures seamless copper and copper-alloy tubes, rods, bus bars and wires at its sole plant at Patancheru in Telangana and reported revenue of ₹288.01 crore with net profit of ₹7.45 crore in the year to March. Inventory stood at ₹88.1 crore and trade payables at ₹72.7 crore at the close of March, with current borrowings of ₹39.7 crore. Annual capital expenditure was about ₹0.9 crore in FY26 and the company has no subsidiaries.
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Sept 17 (Reuters) - Cubex Tubings Ltd CUBE.NS:
CUBEX TUBINGS LTD - APPROVED PROPOSAL FOR RAISING FUNDS OF 1.35 BILLION RUPEES
CUBEX TUBINGS LTD - APPROVED RAISING FUNDS VIA ISSUANCE OF DEBT SECURITIES, OTHER SECURITIES
Source text: ID:nBSEsFPxq
Further company coverage: CUBE.NS
(([email protected];))
Sept 17 (Reuters) - Cubex Tubings Ltd CUBE.NS:
CUBEX TUBINGS LTD - APPROVED PROPOSAL FOR RAISING FUNDS OF 1.35 BILLION RUPEES
CUBEX TUBINGS LTD - APPROVED RAISING FUNDS VIA ISSUANCE OF DEBT SECURITIES, OTHER SECURITIES
Source text: ID:nBSEsFPxq
Further company coverage: CUBE.NS
(([email protected];))
Sept 23 (Reuters) - Cubex Tubings Ltd CUBE.NS:
CUBEX TUBINGS - RE-DESIGNATES VIRENDRA BHANDARI AS MD, CHAIRMAN
Source text for Eikon: ID:nBSE2hdGkw
Further company coverage: CUBE.NS
(([email protected];))
Sept 23 (Reuters) - Cubex Tubings Ltd CUBE.NS:
CUBEX TUBINGS - RE-DESIGNATES VIRENDRA BHANDARI AS MD, CHAIRMAN
Source text for Eikon: ID:nBSE2hdGkw
Further company coverage: CUBE.NS
(([email protected];))
May 12 (Reuters) - Cubex Tubings Ltd CUBE.NS:
INDIA'S CUBEX TUBINGS LTD MARCH-QUARTER PROFIT 12.9 MILLION RUPEES VERSUS PROFIT 11.7 MILLION RUPEES
CUBEX TUBINGS LTD MARCH-QUARTER NET INCOME FROM OPERATIONS 591.5 MILLION RUPEES VERSUS 415.7 MILLION RUPEES
Source text for Eikon: ID:nBSE92MjJx
Further company coverage: CUBE.NS
(([email protected];))
May 12 (Reuters) - Cubex Tubings Ltd CUBE.NS:
INDIA'S CUBEX TUBINGS LTD MARCH-QUARTER PROFIT 12.9 MILLION RUPEES VERSUS PROFIT 11.7 MILLION RUPEES
CUBEX TUBINGS LTD MARCH-QUARTER NET INCOME FROM OPERATIONS 591.5 MILLION RUPEES VERSUS 415.7 MILLION RUPEES
Source text for Eikon: ID:nBSE92MjJx
Further company coverage: CUBE.NS
(([email protected];))
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What does Cubex Tubings do?
Cubex Tubings Limited specializes in producing seamless solid drawn Tubes, Rods, Bus bars, and Wires of copper and copper-based alloys for various industries including power plants, refineries, automobile, and shipbuilding.
Who are the competitors of Cubex Tubings?
Cubex Tubings major competitors are Rajnandini Metal, Shalimar Wires Inds., Siyaram Recycl.Inds., Rajputana Industries, M Tek Copper, Bonlon Industries, Sagardeep Alloys. Market Cap of Cubex Tubings is ₹107 Crs. While the median market cap of its peers are ₹79 Crs.
Is Cubex Tubings financially stable compared to its competitors?
Cubex Tubings seems to be less financially stable compared to its competitors. Altman Z score of Cubex Tubings is 2.79 and is ranked 7 out of its 8 competitors.
Does Cubex Tubings pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Cubex Tubings latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Cubex Tubings allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Cubex Tubings balance sheet?
Balance sheet of Cubex Tubings is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Cubex Tubings improving?
Yes, profit is increasing. The profit of Cubex Tubings is ₹7.54 Crs for TTM, ₹7.45 Crs for Mar 2026 and ₹6.66 Crs for Mar 2025.
Is the debt of Cubex Tubings increasing or decreasing?
Yes, The net debt of Cubex Tubings is increasing. Latest net debt of Cubex Tubings is ₹35.94 Crs as of Mar-26. This is greater than Mar-25 when it was ₹29.92 Crs.
Is Cubex Tubings stock expensive?
Cubex Tubings is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Cubex Tubings is 15.56, while 3 year average PE is 22.86. Also latest EV/EBITDA of Cubex Tubings is 21.2 while 3yr average is 15.25.
Has the share price of Cubex Tubings grown faster than its competition?
Cubex Tubings has given better returns compared to its competitors. Cubex Tubings has grown at ~-12.56% over the last 2yrs while peers have grown at a median rate of -17.48%
Is the promoter bullish about Cubex Tubings?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Cubex Tubings is 44.42% and last quarter promoter holding is 44.42%.
Are mutual funds buying/selling Cubex Tubings?
The mutual fund holding of Cubex Tubings is stable. The current mutual fund holding in Cubex Tubings is 0.32% while previous quarter holding is 0.32%.