Texmo Pipes and Products Limited has informed the Exchange regarding Board meeting held on May 29, 2025.
TEXMOPIPES · price
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Awaiting price reaction for this filing.
Texmo Pipes' board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, along with the auditor's report carrying an unmodified (clean) opinion. On a standalone basis, Profit Before Tax rose about 11% to ₹1,669 lakhs (from ₹1,506 lakhs), total assets grew to ₹33,057 lakhs, and operating cash flow improved sharply to ₹3,000 lakhs (from ₹1,939 lakhs). Consolidated PBT jumped around 71% to ₹1,733 lakhs (from ₹1,014 lakhs), with total assets at ₹36,097 lakhs and operating cash flow of ₹2,035 lakhs. The standalone P&L includes a ₹547 lakh provision for diminution in the value of investment in a subsidiary, while the consolidated auditor's report references a 'net loss' after tax, indicating consolidated bottom-line remained negative despite higher PBT. The board also appointed a Cost Auditor, a Secretarial Auditor (5-year term), and an Internal Auditor for FY26.
Clean audit opinion and stronger operating cash flows are positives, but the consolidated net loss and a sizeable write-down on a subsidiary investment temper the optimism. Existing shareholders should watch for the detailed FY25 earnings release for segment-wise revenue, PAT, and margin clarity; the stock may see muted reaction until consolidated profitability turns positive.