REXPIPES
Rex Pipes & Cables Industries financials
- Market cap
- ₹152 Cr
- Sector
- Capital Goods
Quarterly results
Q4 FY26: revenue down 15.5%, net profit up 50.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 66 | 58 | 71 | 78 +53% | 60 −9% | 61 +5% | 60 −15% |
| EBITDA | 4 | 4 | 5 | 5 | 5 +25% | 7 +75% | 4 −20% | 4 −20% |
| Net profit | 2 | 2 | 2 | 2 | 2 +0% | 4 +100% | 2 +0% | 3 +50% |
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 −2.6% 1Y
1Y: ₹165 on 8 Sept 2025 → ₹160.65. High ₹208 (26 Feb 2026), low ₹135.4 (2 Feb 2026).
Balance sheet
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹14 Cr | ₹22 Cr | ₹29 Cr | ₹32 Cr |
| Borrowings | ₹20 Cr | ₹28 Cr | ₹33 Cr | ₹30 Cr |
| Other liabilities | ₹14 Cr | ₹10 Cr | ₹11 Cr | ₹12 Cr |
| Total liabilities | ₹58 Cr | ₹70 Cr | ₹83 Cr | ₹82 Cr |
| Fixed assets | ₹12 Cr | ₹12 Cr | ₹10 Cr | ₹10 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹46 Cr | ₹58 Cr | ₹72 Cr | ₹72 Cr |
| Total assets | ₹58 Cr | ₹70 Cr | ₹83 Cr | ₹82 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 Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 11% to 362.
- Promoters
- 57.0%
- DIIs
- 0.0%
- Public
- 43.0%
Since Mar 2025
- Public −0.06 pp
- Promoters +0.04 pp
- DIIs +0.02 pp
How it drifted, 10 quarters
Over this window promoters fell from 61.0% to 57.0% — −4.0 pp.
Ownership split by quarter, oldest first. Sep '21: Promoters 61.0%, Public 39.0%.Mar '22: Promoters 61.0%, Public 39.0%.Sep '22: Promoters 61.0%, Public 39.0%.Mar '23: Promoters 61.1%, Public 38.9%.Sep '23: Promoters 55.6%, Public 44.4%.Mar '24: Promoters 56.2%, Public 43.8%.Sep '24: Promoters 56.2%, Public 43.8%.Mar '25: Promoters 57.0%, Public 43.0%.Sep '25: Promoters 57.0%, DIIs 0.0%, Public 43.0%.Mar '26: Promoters 57.0%, DIIs 0.0%, Public 43.0%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sharwan Kumar Kaler +19.45 pp 39.33% held
The same filing shows 0 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Rex Pipes & Cables Industries Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Sharwan Kumar Kaler | 39.33% | +19.45 pp |
| Sohani Devi | 8.92% | unchanged |
| Sharwan Kumar Kaler & Sons Huf . | 7.67% | unchanged |
| Vivek Kaler | 2.65% | unchanged |
| Mukesh Kumar Shivran | 2.31% | unchanged |
| Bhinwa Ram | 1.78% | unchanged |
| Vijaypal Dudi | 1.61% | unchanged |
| Kana Ram | 1.57% | unchanged |
| Rehan Dudi | 1.44% | unchanged |
| Sugana Kaler | 1.42% | unchanged |
| Indra Singh Kaler | 1.33% | unchanged |
| Shri Bhanwar Lal Githala | 1.32% | unchanged |
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.
What the price assumes
- Growth the price implies
- 6.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Rex Pipes & Cables Industries Ltd
Guides on how to read this kind of business and the numbers that matter.