- Business
- Cubex Tubings Limited manufactures and sells copper and copper-based alloy products including seamless solid drawn tubes, rods, bus bars, and wires; DLP, DHP, ETP, and medical gas copper tubes; copper round and bus bars; copper wires and profiles; admiralty and aluminum brass tubes; copper nickel tubes; copper nickel fittings and flanges; and nickel-copper alloy tubes, sheets, flats, and rods. The company serves industries such as offshore, desalination, defense, chemical, power generation, electrical equipment, shipbuilding, automobile, HVAC, marine, power plants, switchgears, refineries, furnace manufacturers, sugar plants, and nuclear plants primarily in India and internationally. Founded in 1979 and headquartered in Secunderabad, India, with a manufacturing facility in Pondicherry, Cubex Tubings operates through the copper and copper alloy products segment and maintains inventory in key alloys like Copper Nickel 70/30, 90/10, C12200 DHP Copper, and C44300 Admiralty Brass to support custom production. In recent developments, the company reports strong financial growth with net sales rising at a 34.98% annual rate and operating profit at 60.35% over the long term; for Q2 FY2026 ended September 30, 2025, it achieved a profit of Rs 74.34 lakh on revenue of Rs 7,370.01 lakh, marking a turnaround from the prior quarter's loss and a 47.8% quarter-on-quarter revenue increase, while half-year profit reached Rs 297.40 lakh on Rs 12,357.22 lakh revenue. Promoter holding stands at 44.42% as of 2024, with the stock trading above moving averages amid positive momentum.