Texmo Pipes Q1 Consolidated Revenue Reaches ₹1.17 Billion, Net Profit Hits ₹61.8 Million

Texmo Pipes and Products Limited announced its financial results for the first quarter ending June 30, 2026, delivering consolidated revenue from operations of ₹1.17 billion (₹11,745.93 lakhs). The Burhanpur-headquartered plastic pipe manufacturer posted a consolidated net profit of ₹61.8 million (₹617.53 lakhs) for the quarter, reflecting steady demand across its core agricultural and industrial product segments.

The Board of Directors approved the unaudited financial results during its meeting held on August 12, 2026. The performance demonstrates significant operational stability compared to the previous quarter (Q4 FY26), where consolidated revenue stood at ₹974.36 lakhs.

Detailed Financial Performance and Profitability Metrics

Total consolidated income for Q1 FY27 came in at ₹1.19 billion (₹11,863.06 lakhs), bolstered by other income of ₹1.17 million (₹117.13 lakhs). On a standalone basis, Texmo Pipes generated revenue from operations of ₹1.04 billion (₹10,374.30 lakhs) and a net profit of ₹4.68 million (₹467.79 lakhs).

Consolidated total expenses for the quarter reached ₹1.10 billion (₹11,036.88 lakhs). The primary cost drivers included raw material consumption at ₹79.92 million (₹7,992.29 lakhs), purchase of stock-in-trade at ₹3.43 million (₹343.49 lakhs), employee benefit expenses at ₹7.54 million (₹754.05 lakhs), and depreciation expenses of ₹2.55 million (₹254.67 lakhs).

Board Approves ₹6.98 Crore Preferential Issue to Promoters

In a major capital allocation decision, the Board of Directors approved a preferential issue of 15,30,000 equity shares to company promoters Shri Sanjay Kumar Agrawal and Smt. Rashmi Agrawal. The equity shares, carrying a face value of ₹10 each, will be issued at a price of ₹45.65 per share (including a premium of ₹35.65 per share), aggregating to approximately ₹698.45 lakhs.

Following the proposed share allotment, Shri Sanjay Kumar Agrawal's shareholding will increase from 18.66% (54,48,974 shares) to 19.46% (59,78,974 shares). Smt. Rashmi Agrawal's stake will expand from 16.10% (47,00,092 shares) to 18.55% (5,700,092 shares). The issue remains subject to statutory approvals and shareholder clearance at the upcoming 18th Annual General Meeting (AGM) scheduled for September 11, 2026.

Official Sources Section

According to official filings submitted to the National Stock Exchange of India and the BSE Limited, the Board meeting commenced at 04:00 PM and concluded at 07:40 PM on August 12, 2026. Statutory audit firm M/s. Anil Kamal Garg & Company conducted a limited review of both standalone and consolidated results.

Quote Section

According to official regulatory filings signed by Managing Director Sanjay Kumar Agrawal:

"The financial results are prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act, 2013. The Group is primarily engaged in the business of plastic products, which constitute a single reportable segment."

Why It Matters

The capital influx of nearly ₹7 crore through promoter infusion equips Texmo Pipes with additional working capital to navigate raw material price volatility in the polymer market. Furthermore, the strong top-line revenue recovery signals steady infrastructure and irrigation demand across regional markets, supporting investor sentiment across small-cap industrial manufacturing stocks.

Key Facts at a Glance

• Consolidated Revenue: ₹1.17 billion (₹11,745.93 lakhs) in Q1 FY27.

• Consolidated Net Profit: ₹61.8 million (₹617.53 lakhs).

• Promoter Capital Infusion: ₹6.98 crore raised via preferential issue of 15.30 lakh equity shares at ₹45.65 apiece.

• AGM Date: Scheduled for Friday, September 11, 2026, via Video Conferencing.

• Basic Earnings Per Share (EPS): Consolidated EPS stood at ₹2.20 for the quarter.

Frequently Asked Questions (FAQ)

What was Texmo Pipes' consolidated net profit for Q1 FY27?

Texmo Pipes reported a consolidated net profit of ₹61.8 million (₹617.53 lakhs) for the first quarter ended June 30, 2026.

How much equity is being raised through the preferential issue?

The company plans to raise ₹698.45 lakhs by issuing 15,30,000 equity shares at ₹45.65 per share to its promoters.

When is the Texmo Pipes Annual General Meeting (AGM) scheduled?

The 18th AGM of Texmo Pipes will be held on Friday, September 11, 2026, at 12:30 PM via Video Conferencing.

Source: National Stock Exchange of India Regulatory Filings, BSE Corporate Disclosures, and Texmo Pipes and Products Limited Investor Relations