Cubex Tubings Ltd (CUBEXTUB) AI Stock Analysis

• Market Cap: ₹1.40B
• Dividend Yield: N/A
• Average Volume (3M): 11.04K
• Price to Earnings (P/E): 20.1
• Beta (1Y): 0.90
• Revenue Growth: 15.71%
• EPS Growth: 64.45%
• Country: IN
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): 0.86
• Shares Outstanding: 14,318,975
• 10 Day Avg. Volume: 16,814
• 30 Day Avg. Volume: 11,042
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹97.00
• Price Target Upside: -1.02% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹97.00 ▼(-1.02% Downside)

Cubex Tubings Ltd demonstrates strong revenue growth and profitability improvements, but concerns over increased leverage and negative cash flow weigh on its financial health. Technical indicators suggest a bearish trend, while valuation appears fair. The absence of earnings call data and corporate events limits further insights.

Cubex Tubings Ltd Business Overview & Revenue Model

Company Description

Cubex Tubings Limited produces and sells copper and copper based alloy products in India and internationally. It offers seamless solid drawn tubes, rods, bus bars, and wires of copper and copper based alloys, such as cupronickel, admiralty and aluminum brass, etc. The company serves power plants, power plants manufacturers, switchgears, refineries, furnace manufacturers, sugar plants, automobiles, electrical equipment, and ship building industries. Cubex Tubings Limited was incorporated in 1979 and is based in Secunderabad, India.

How the Company Makes Money

Cubex Tubings Ltd generates revenue primarily through the sale of its copper and copper alloy products. The company's key revenue streams include the manufacturing and distribution of copper tubes and pipes, which are widely used in electrical and industrial applications. Additionally, the company benefits from strategic partnerships and contracts with clients in diverse industries, ensuring a steady demand for its products. Exporting to international markets also contributes significantly to its earnings, allowing Cubex Tubings Ltd to capitalize on global demand for its specialized products.

Cubex Tubings Ltd Financial Statement Overview

Summary

Cubex Tubings Ltd exhibits strong revenue growth and improved profitability margins. However, the increase in leverage and negative cash flow are concerning. Despite stable financial health, cash flow management needs attention to ensure sustainable growth.

Income Statement

Cubex Tubings Ltd has shown consistent revenue growth over the years, highlighted by a 21.91% increase from 2024 to 2025. The gross profit margin improved to 9.61% in 2025, up from 4.67% in the previous year, indicating better cost management. Net profit margin also increased significantly to 2.47%. However, EBIT and EBITDA margins have seen some fluctuations, suggesting operational efficiency improvements are needed.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, which increased to 0.44 in 2025 from 0.22 in 2024, reflecting higher leverage. The return on equity improved to 8.78%, indicating better utilization of equity capital. Equity ratio remains stable around mid-50%, pointing to a balanced capital structure, but the increased debt may pose a risk if not managed properly.

Cash Flow

Cubex Tubings Ltd's cash flow position is a concern, with negative free cash flow in 2025, primarily due to a negative operating cash flow. The free cash flow to net income ratio is negative, indicating cash flow issues despite profitability. The operating cash flow to net income ratio is also negative, highlighting the need for better cash conversion efficiency.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	2.68B	2.69B	1.91B	2.21B	1.34B	598.86M
Gross Profit	244.66M	258.67M	203.36M	103.01M	47.60M	33.97M
EBITDA	112.73M	117.71M	45.34M	83.55M	25.32M	14.33M
Net Income	66.59M	66.59M	26.48M	39.87M	24.18M	4.29M
Balance Sheet
Total Assets	1.40B	1.40B	972.86M	1.05B	932.12M	788.27M
Cash, Cash Equivalents and Short-Term Investments	18.96M	18.96M	8.59M	38.30M	10.16M	18.71M
Total Debt	334.51M	334.51M	129.37M	150.69M	108.84M	51.48M
Total Liabilities	641.34M	641.34M	325.87M	356.32M	311.60M	205.23M
Stockholders Equity	758.54M	758.54M	646.99M	691.96M	620.51M	583.04M
Cash Flow
Free Cash Flow	0.00	-12.45M	-6.72M	23.82M	-18.98M	3.17M
Operating Cash Flow	0.00	-7.76M	1.20M	34.34M	-73.00K	27.28M
Investing Cash Flow	0.00	-24.63M	4.68M	12.50M	-4.13M	-25.84M
Financing Cash Flow	0.00	13.05M	-7.45M	-17.13M	3.91M	-2.69M

Cubex Tubings Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 98.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CUBEXTUB, the sentiment is Positive. The current price of 98 is above the 20-day moving average (MA) of 90.68, above the 50-day MA of 88.23, and above the 200-day MA of 93.70, indicating a bullish trend. The MACD of 4.09 indicates Negative momentum. The RSI at 59.20 is Neutral, neither overbought nor oversold. The STOCH value of 56.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CUBEXTUB.

Cubex Tubings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUBEXTUB	67 Neutral	₹1.40B	20.11	―	―	15.71%	64.45%
MCL	59 Neutral	₹1.59B	34.52	10.26%	―	149.86%	36.89%
MANGALAM	58 Neutral	₹1.14B	-11.69	4.51%	―	-16.39%	-410.09%
BHAGYANGR	54 Neutral	₹3.06B	15.42	6.76%	―	19.84%	110.44%
SHAHALLOYS	44 Neutral	₹1.32B	-7.01	256.44%	―	-69.90%	27.84%
ZENITHSTL	44 Neutral	₹1.00B	32.32	-0.09%	―	-24.55%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%