Please find attached Updates and announcements pertaining to Board Meeting held on May 28, 2026
TEXMOPIPES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Texmo Pipes and Products reported audited standalone FY2026 revenue of Rs. 35,259 Lakhs, down 3.7% from Rs. 36,606 Lakhs in FY2025. Net profit dropped significantly to Rs. 1,126 Lakhs from Rs. 1,746 Lakhs (down ~35.5%). Basic EPS fell to Rs. 3.86 from Rs. 5.98. Consolidated results show revenue of Rs. 37,571 Lakhs and net profit of Rs. 1,405 Lakhs. The company appointed M/s Saurabh Parikh & Associates as Cost Auditor and Mrs. Neha Shroff as Internal Auditor for FY2026-27. Auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
Significant profit decline and negative operating cash flow (standalone -Rs. 1,289 Lakhs vs +Rs. 3,000 Lakhs last year) are concerning. The sharp drop in PAT despite modest revenue decline suggests margin compression. The clean audit opinion provides some comfort, but deteriorating cash generation warrants monitoring.