Rex Pipes & Cables Industries Ltd.

Rex Pipes & Cables Industries Ltd.

NNSE:REXPIPES
160.65
INR
-8.45
(-5.00%)
1.84BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
40.55
43.14
36.77
69.84
118.55
124.56
136.04
146.28
127.23
- -
Basic EPS, GAAP
1.48
1.52
0.9
1.31
2.22
3.83
5.02
5.42
4.92
- -
Free Cash Flow per Basic Share
-2.54
-2.22
9.74
-4.77
-0.13
3.22
1.39
2.06
3.85
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
9.67
11.19
12.11
13.43
22.49
26.69
33.23
38.65
43.56
43.56
Tangible Book Value per Share
9.67
11.19
12.11
13.43
22.49
26.69
33.22
38.65
43.56
43.56
Basic Weighted Avg Shares
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
349
371
316
601
1,018
1,176
1,286
1,383
1,202
- -
Operating Margin (%)
7.28
7.58
9.22
5.4
4.23
5.98
7.12
7.02
7.08
- -
Depreciation Expense
6
10
18
15
14
19
18
16
13
- -
Net Income, GAAP
13
13
8
11
19
36
47
51
46
- -
Effective Tax Rate (%)
24.69
33.41
23.92
28.51
27.44
28.05
28.36
27.99
29.04
- -
Profit Margin (%)
3.65
3.52
2.45
1.88
1.87
3.07
3.69
3.71
3.87
- -
Working Capital
14
28
-16
63
120
134
205
253
278
278
LT Debt
37
70
3
62
49
32
14
8
7
7
Total Equity
83
96
104
115
193
230
314
365
412
412
Return on Invested Capital (%)
- -
7.79
8.37
7.99
7.85
10.88
12.17
10.67
8.78
- -
Return on Capital (%)
- -
8.76
8.11
8.05
8.03
11.62
12.92
11.4
9.68
- -
Return on Common Equity (%)
- -
14.56
7.73
10.29
12.35
17.1
17.46
15.09
11.97
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
289
324
290
LT Borrowings
8
6
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
545
1,512
1,843

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
653
688
680
Cash, Cash Equivalents & STI
14
10
3
Accounts Receivable, Net
254
324
341
Inventories
303
272
268
Total Current Liabilities
400
435
401
Payables & Accruals
- -
- -
- -
ST Debt
289
324
290
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
30.4%
12.73%
Free Cash Flow
- -
-571.1%
86.83%
Net Income, GAAP
- -
37.65%
-9.28%
Sales/Revenue/Turnover
- -
17.77%
-13.05%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,286
2025
- -
- -
1,383
2026
- -
- -
1,202

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.02
2025
- -
- -
5.42
2026
- -
- -
4.92

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Sharwan Kumar Kaler
Full Time Employees
71
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Block No 32, Village-Khatraj, Near Denish Pharma, Kalol Sikar RJ India 382721
IPO Date
Aug 11, 2021
Website
rpcil.com
Business
Rex Pipes & Cables Industries Ltd (REXPIPES.NS) manufactures and sells a wide range of plastic pipes, cables, and related accessories under the REX brand, primarily serving agriculture, domestic, plumbing, irrigation, industrial, and electrical applications. The company offers uPVC pipes including Ringfit U-PVC pipes, Selfit PVC-U pipes, and PVC electrical conduit pipes; HDPE pipes; three-core flat cables; single-core flexible home wires; poly-wrapped winding wires; plumbing pipes; pipe fittings; and accessories. Products utilize bright annealed electrolytic grade copper (99.99% pure) for cables insulated with virgin-grade PVC, with operations focused on the Indian market from its headquarters in F-69A, RIICO Industrial Area, Sikar, Rajasthan. Incorporated in 2002 as Kaler Electricals Private Limited, the company converted to a public limited entity and lists on the NSE SME Emerge platform since August 2021, positioning it as an emerging player in the plastic products and industrial cables sector. In September 2023, Rex Pipes acquired 99.84% of Swastik Infracity Private Limited, establishing it as a wholly owned subsidiary to support business expansion. Recent board activities include director changes and general updates in August 2025, alongside board meetings in October 2025 for strategic matters and financial results approvals, reflecting ongoing operational enhancements amid strong profit growth of 46% CAGR over five years. Promoter holding stands at approximately 57%, with the company maintaining ISO 9001 certification for quality in its Sikar-based manufacturing facilities.