CUBEXTUB

Cubex Tubings financials

Market cap
₹110 Cr
Sector
Capital Goods

What Cubex Tubings Limited does

Cubex Tubings manufactures seamless solid-drawn tubes, rods, bus bars and wires from copper and copper-based alloys such as cupronickel, admiralty brass and aluminium brass, at its plant near Pathancheru, Telangana. These products, valued for copper's electrical conductivity and heat-transfer properties, are supplied to power plants and power-plant equipment makers, switchgear manufacturers, refineries, furnace manufacturers, sugar plants, automobile makers, electrical equipment companies and shipbuilders. The company also manufactures specialised copper-nickel tubes for desalination plants, a segment it says it is the only Indian manufacturer of, and exports goods to overseas markets.

Manufacturing plants
1 (Pathancheru, Telangana)
Product range
Seamless tubes, rods, bus bars and wires in copper and copper alloys (cupronickel, admiralty brass, aluminium brass)
End-user industries served
Power plants, switchgear, refineries, furnace manufacturers, sugar plants, automobiles, electrical equipment, shipbuilding
Market position
Only Indian manufacturer of specialised copper-nickel tubes for desalination plants
Export presence
Exports goods to overseas markets, incl. Middle East desalination-tube demand
Founded 1979Headquarters Secunderabad, Telangana, India Company website

Quarterly results

Q1 FY27: revenue up 30.3%, net profit up 7.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue55 73 84 50 74 +34%75 +3%89 +6%65 +30%
EBITDA2 3 3 2 3 +36%4 +30%-3 −193%1 −41%
Net profit1 2 2 1 2 +34%3 +45%1 −40%1 +7%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −5.5% 1Y

₹80₹100₹120Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹81.55 on 10 Sept 2025 → ₹77.1. High ₹129.49 (29 Jan 2026), low ₹73.94 (30 Mar 2026).

Financials, as filed

Revenue grew 14.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to 2.3%.

Year endingFY24FY25FY26
Revenue₹222 Cr₹267 Cr₹288 Cr
Operating profit₹7 Cr₹10 Cr₹7 Cr
Operating margin3.4%3.6%2.3%
Interest₹2 Cr₹2 Cr₹4 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr
Net profit₹4 Cr₹7 Cr₹7 Cr
Net margin1.8%2.5%2.6%
Cash from operations₹3 Cr₹-1 Cr₹5 Cr
Free cash flow₹3 Cr₹-1 Cr₹4 Cr
ROCE9.0%11.0%11.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹14 Cr₹14 Cr₹14 Cr₹14 Cr₹14 Cr₹14 Cr
Reserves₹45 Cr₹48 Cr₹50 Cr₹55 Cr₹65 Cr₹69 Cr
Borrowings₹1 Cr₹10 Cr₹13 Cr₹15 Cr₹42 Cr₹43 Cr
Other liabilities₹25 Cr₹24 Cr₹20 Cr₹21 Cr₹31 Cr₹81 Cr
Total liabilities₹86 Cr₹96 Cr₹97 Cr₹105 Cr₹152 Cr₹208 Cr
Fixed assets₹15 Cr₹16 Cr₹15 Cr₹14 Cr₹13 Cr₹13 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹71 Cr₹80 Cr₹82 Cr₹90 Cr₹138 Cr₹194 Cr
Total assets₹86 Cr₹96 Cr₹97 Cr₹105 Cr₹152 Cr₹208 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −0.18 pp while the public added +0.17 pp. The shareholder count grew 70% to 24,646.

Promoters
44.4%
DIIs
0.3%
Government
0.0%
Public
55.2%

Since Jun 2025

  • FIIs −0.18 pp
  • Public +0.17 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.Dec '23: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.Mar '24: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.Jun '24: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.Sep '24: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.Dec '24: Promoters 44.4%, FIIs 0.1%, DIIs 0.3%, Government 0.0%, Public 55.2%.Mar '25: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.Jun '25: Promoters 44.4%, FIIs 0.2%, DIIs 0.3%, Government 0.0%, Public 55.0%.Sep '25: Promoters 44.4%, FIIs 0.1%, DIIs 0.3%, Government 0.0%, Public 55.1%.Dec '25: Promoters 44.4%, FIIs 0.3%, DIIs 0.3%, Government 0.0%, Public 55.0%.Mar '26: Promoters 44.4%, FIIs 0.2%, DIIs 0.3%, Government 0.0%, Public 55.0%.Jun '26: Promoters 44.4%, DIIs 0.3%, Government 0.0%, Public 55.2%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Cubex Tubings Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Nadol Trading Pvt Ltd 14.84%unchanged
Cubex Securities Ltd 13.04%unchanged
Mavv Trading Private Ltd 11.35%unchanged
Swarnim Avenues Private Limited 2.97%−0.65 pp
Virendra Kumar Bhandari 2.62%unchanged
Veena Bhandari - 2 1.52%newly disclosed
Mohinidevi Bhandari 1.02%unchanged
Kiran Sancheti . 0.02%unchanged
Veena Bhandari —off the list

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Cubex Tubings Limited

Guides on how to read this kind of business and the numbers that matter.