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Texmo Pipes and Products Limited (TEXMOPIPES) Fair Value & Analysis

Industrials · IN · Market cap ₹1.3B

TP Texmo Pipes and Products Limited TEXMOPIPES · NSE
Price₹45.62
Fair Value₹83.94
Upside+84.0%
Quality48/100
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Weak Growth
Thin margins · 4.9% net margin
Low debt · negative free cash flow
Ranks above peers (9/12)
Narrow moat 31/100
Evidence: Medium Range ₹58.76 – ₹109.12 Share as image

Fair value as of: Aug 16, 2026

From 15 valuation models · updated 2 days ago

Share price +5.9% over the past month.

Below-average quality, screening 84% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹58.76). The market is more pessimistic than our downside scenario.
  • Solid quality (48/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (₹58.76 to ₹109.12) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹101.80 ₹28.85 Fair Value ₹83.94 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹28.85 – ₹101.80 · fair‑value band ₹58.76 – ₹109.12 · the ₹45.62 price screens below the ₹83.94 fair value. Dashed = 300-day average. As of Aug 16, 2026.

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Analysis

Texmo Pipes and Products Limited (TEXMOPIPES) currently trades at ₹45.62, while our model-based Fair Value estimate is ₹83.94, implying the stock looks roughly 84.0% undervalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Texmo Pipes and Products Limited generated revenue of ₹3.8B at a net margin of 4.9%. Revenue declined 1.2% year over year. It earns a return on equity of 6.3%. Net debt stands at ₹440M. Fundamentals as of Aug 16, 2026

Our scenario range runs from ₹58.76 (bear case) to ₹109.12 (bull case); at ₹45.62, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 34% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -60% fair-value upside, at 84%, TEXMOPIPES screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
ROIC Compounder ₹39.93 ₹45.66 ₹50.44 72
Growth-Adj P/E ₹58.76 ₹83.94 ₹109.12 68
P/E Multiple ₹75.80 ₹101.07 ₹126.34 63
All 15 models by family
DCF Models
Owner Earnings ₹40.11 ₹65.11 ₹101.76 31
Earnings-Based
Graham-Dodd ₹32.73 ₹135.81 ₹185.13 54
Lynch FV ₹34.30 ₹49.00 ₹63.69 50
PEG = 1.0 ₹34.30 ₹49.00 ₹63.69 46
EPV ₹39.93 ₹45.66 ₹50.44 59
Multiples
P/E Multiple ₹75.80 ₹101.07 ₹126.34 63
P/S Multiple ₹61.36 ₹81.82 ₹102.27 58
P/B Multiple ₹61.36 ₹81.82 ₹102.27 55
EV/EBIT ₹89.94 ₹120.63 ₹151.32 53
EV/EBITDA ₹104.30 ₹139.78 ₹175.26 54
EV/Revenue ₹63.58 ₹91.74 ₹119.91 43
Asset-Based
NCAV (Graham) ₹39.48 ₹52.90 ₹78.95 50
Economic Profit
Residual Income ₹58.65 ₹59.15 ₹55.89 61
ROIC Compounder ₹39.93 ₹45.66 ₹50.44 72
Growth Earnings
Growth-Adj P/E ₹58.76 ₹83.94 ₹109.12 68

Widest divergence: Multiples (₹91.74) versus Economic Profit (₹45.66). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) ₹3.8B
Revenue growth (YoY) -1.2%
Net margin 4.9%
Return on equity 6.3%
Free cash flow −₹127M FY2026
P/E ratio 9.6
More key figures
Operating margin 4.9%
EPS (TTM) ₹4.76
EPS growth (YoY) -69.2%
Net debt ₹440M FY2026

Figures from reported company fundamentals · as of Aug 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 46 · Market factors (momentum, volatility) 40

Profitability 42
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Texmo Pipes and Products Limited manufactures and trades in plastic pipes and fittings in India and internationally. The company provides CPVC, UPVC, and SWR pipes and fittings; Garden Pipe; CM, CS, RS and blue casing pipe; HDPE pipes and coils; colum pipe; DRIP rolls; sprinkler pipes and accessories; mini sprinkler rolls and spray pipe, etc.

Full company description

Texmo Pipes and Products Limited manufactures and trades in plastic pipes and fittings in India and internationally. The company provides CPVC, UPVC, and SWR pipes and fittings; Garden Pipe; CM, CS, RS and blue casing pipe; HDPE pipes and coils; colum pipe; DRIP rolls; sprinkler pipes and accessories; mini sprinkler rolls and spray pipe, etc. It also offers water tanks; Rigid PVC Pipe and Agriculture Fittings; Suction Hose; Casing Pipes; Sanitary Products; and Solvent Cement under the TEXMO brand. The company was formerly known as Shree Mohit Industries and changed its name to Texmo Pipes and Products Limited in July 2008. Texmo Pipes and Products Limited was founded in 1999 and is headquartered in Burhanpur, India

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Texmo Pipes and Products Limited reported revenue of ₹3.8B in FY2026 versus ₹5.6B in FY2022, a compound −9.7%/yr. Reported net income was ₹141M in FY2026, compounding −0.3%/yr from FY2022.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹3.8B
Latest YoY
−4.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−16.2%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.5%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.2%
Revenue −9.7%/yr
FY22 ₹5.6B
FY23 ₹6.4B
FY24 ₹5.3B
FY25 ₹3.9B
FY26 ₹3.8B
Net income −0.3%/yr
FY22 ₹142M
FY23 −₹718M
FY24 ₹46.4M
FY25 ₹192M
FY26 ₹141M
Character of growth · EPS growth decomposed (2015-2026) +12.1 % p.a.
Revenue per share +1.9 pp

of which total revenue +4.5 pp · buybacks/dilution −2.7 pp

EBIT margin +22.8 pp
Tax rate +1.0 pp
Residual (interest, one-offs) −13.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Texmo Pipes and Products Limited Fair Value". https://www.fairvalue-calculator.com/stock/TEXMOPIPES

Peer Group

Building Products & Equipment · 246 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 48 · Below median
Fair Value upside +84% · Top 25%
Return on equity (TTM) 6% · Above median
Return on assets 5% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth -1% · Below median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 9.6× · Cheaper than 75% of peers
P/B 0.57× · Cheaper than median
P/S (TTM) 0.35× · Cheaper than 75% of peers
EV/EBITDA 4.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 0
FUTURE 0 · sector 11
PAST 25 · sector 23
HEALTH 96 · sector 94
DIVIDEND 0 · sector 41

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $480.20 $208.50 -57%
Johnson Controls International plc JCI $152.79 $44.75 -71%
Carrier Global Corporation CARR $63.08 $16.85 -73%
Compagnie de Saint-Gobain S.A SGO €84.24 €97.97 +16%
PT Impack Pratama Industri Tbk, IMPC 1,405 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 38.91 kr 25.37 -35%
Beijing New Building Materials Public Limited 000786 ¥18.73 ¥31.73 +69%
Moon Environment Technology Co 000811 ¥42.22 ¥11.94 -72%
The Supreme Industries Limited SUPREMEIND ₹3,460 ₹1,376 -60%
Aditya Infotech Limited CPPLUS ₹3,343 ₹763.08 -77%

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Frequently asked questions

Is Texmo Pipes and Products Limited (TEXMOPIPES) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹83.94 versus a price of ₹45.62, about +84% (undervalued).
What is the fair value of TEXMOPIPES?
Our model-based fair value for Texmo Pipes and Products Limited is ₹83.94 (as of Aug 16, 2026), built from audited fundamentals. The current price is ₹45.62.
What is the quality score of TEXMOPIPES?
Texmo Pipes and Products Limited has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Texmo Pipes and Products Limited (TEXMOPIPES)?
Texmo Pipes and Products Limited reported trailing-twelve-month revenue of about ₹3.8B (latest available figure, as of Aug 16, 2026).
What is the net profit margin of TEXMOPIPES?
The net profit margin of Texmo Pipes and Products Limited is about 4.9%, meaning it keeps roughly 4.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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