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    Cubex Tubings Limited

    Hyderabad-based manufacturer of seamless solid-drawn copper and copper-alloy tubes, rods, bus bars and wires for power, switchgear and industrial applications.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹112 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1414141414141414
    Reserves4445485055626569
    Borrowings51101315334243
    Other Liabilities1525242021313181
    Total Liabilities79869697105140152208
    AssetsFixed Assets1715161514141313
    CWIP00000000
    Investments00000000
    Other Assets6271808290126138194
    Total Assets79869697105140152208

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating030103-15
    Cash from Investing1-30001-21
    Cash from Financing-10-1-1-1-21-4
    SummaryCapital Expenditure
    Free Cash Flow010-1-13-14
    FCF Margin

    Valuation

    Assumptions

    Current — CUBEXTUB
    Price
    ₹87
    EPS (TTM)
    ₹0.78
    PE (TTM)
    111.8
    Profit growth
    -47.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (22.6×) and current (111.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹87
    vs
    Fair value · 15% return
    ₹0
    100%Overvalued

    At -47% growth and a 23× exit, ₹87 only delivers your return if you pay ₹0. The price is currently baking in 56% growth.

    EPS grows -47%/yr for 5 years, then fades to 6% over 2, exits at 23×.

    YearGrowthEPS (₹)
    FY27-47.0%0.41
    FY28-47.0%0.22
    FY29-47.0%0.12
    FY30-47.0%0.06
    FY31-47.0%0.03
    FY32-20.5% ·fade0.03
    FY336.0% ·fade0.03

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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