Texmo Pipes & Products' Q1 FY 2025-26 Quarterly Results

Result Summary

• Texmo Pipes & Products Ltd reported a 24.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.9%.
• Its expenses for the quarter were up by 19.9% QoQ and down 9.4% YoY.
• The net profit decreased 176.1% QoQ and decreased 10.0% YoY.
• The earnings per share (EPS) of Texmo Pipes & Products Ltd stood at 1.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Texmo Pipes & Products Ltd is a prominent player in the manufacturing sector, primarily engaged in the production and distribution of pipes and related products. The company operates within the infrastructure and construction industry, supplying a range of piping solutions for various applications. As of the latest data up to October 2023, there are no specific recent major developments or changes in the company's operations that are available for this analysis. The company continues to serve a diverse customer base, focusing on delivering high-quality products that meet the demands of the market.

Revenue

For Q1FY26, Texmo Pipes & Products Ltd reported a total income of ₹106.06 crores. This represents a quarter-over-quarter (QoQ) increase of 24.0% from ₹85.53 crores in Q4FY25. However, on a year-over-year (YoY) basis, total income declined by 10.9% from ₹119.05 crores in Q1FY25. The substantial QoQ growth indicates a recovery from the previous quarter's performance, although the YoY decrease highlights a variance in revenue generation compared to the same period last year.

Profitability

In terms of profitability, the company posted a profit before tax (PBT) of ₹5.40 crores in Q1FY26, a significant improvement from a loss of ₹3.89 crores in Q4FY25. This marks a QoQ change of -238.8%. Compared to Q1FY25, where the PBT was ₹7.99 crores, there is a YoY decrease of 32.4%. Tax expenses for the quarter were ₹0.21 crores, down from ₹2.89 crores in Q4FY25 and ₹1.82 crores in Q1FY25. As a result, the profit after tax (PAT) for Q1FY26 was ₹5.12 crores, improving from a loss of ₹6.73 crores in the prior quarter, although it reflects a 10.0% decline from ₹5.69 crores in Q1FY25.

Operating Metrics

The Earnings Per Share (EPS) for Q1FY26 was ₹1.80, a recovery from a negative EPS of ₹-2.30 in Q4FY25. This represents a QoQ change of -178.3%. Compared to Q1FY25, where the EPS was ₹2.10, there is a YoY decline of 14.3%. Total expenses in Q1FY26 amounted to ₹100.66 crores, increasing by 19.9% from ₹83.95 crores in Q4FY25 but decreasing by 9.4% from ₹111.05 crores in Q1FY25. The financial data indicates a recovery in operational performance compared to the previous quarter, with key metrics showing marked improvements, although there is a decline in comparison to the same quarter last year.