Cubex Tubings Ltd (CUBEXTUB) AI Stock Analysis

• Market Cap: ₹1.31B
• Dividend Yield: N/A
• Average Volume (3M): 9.42K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 0.73
• Revenue Growth: 29.24%
• EPS Growth: 75.16%
• Country: IN
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): 1.22
• Shares Outstanding: 14,318,975
• 10 Day Avg. Volume: 4,959
• 30 Day Avg. Volume: 9,423
• PEG Ratio: 0.26
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 0.44
• P/FCF Ratio: -95.05
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹88.00 ▼(-4.35% Downside)

Cubex Tubings Ltd's overall stock score is primarily influenced by its strong financial performance, despite concerns over cash flow and leverage. The technical analysis indicates bearish momentum, which is a significant risk factor. The valuation is reasonable, but the lack of a dividend yield may limit appeal. Overall, the stock presents a mixed outlook with notable strengths in financial growth but challenges in market sentiment and cash management.

Positive Factors

Revenue Growth

The company's robust revenue growth indicates strong demand for its products and effective market penetration, which can support long-term business expansion.

Profitability Margins

Improved profitability margins suggest better cost management and pricing power, enhancing the company's ability to generate sustainable profits.

Market Position

As a leading player in its industry, Cubex Tubings Ltd benefits from established market presence and brand recognition, supporting competitive advantage.

Negative Factors

Cash Flow Management

Negative cash flow indicates challenges in converting revenue into cash, which could impact the company's ability to fund operations and growth initiatives.

Increased Leverage

Higher leverage may increase financial risk, potentially affecting the company's ability to manage debt obligations and invest in future opportunities.

Operational Efficiency

Fluctuating operational margins suggest potential inefficiencies that could hinder profitability and require management focus to stabilize performance.

Cubex Tubings Ltd Business Overview & Revenue Model

Company Description

Cubex Tubings Ltd (CUBEXTUB) is a leading manufacturer and supplier of high-quality tubing solutions, primarily serving the oil and gas, automotive, and construction sectors. The company specializes in producing a wide range of tubing products, including seamless and welded tubes, which are designed to meet the stringent requirements of various industrial applications. With a commitment to innovation and sustainability, Cubex Tubings Ltd utilizes advanced manufacturing techniques and materials to ensure durability and performance in their offerings.

How the Company Makes Money

Cubex Tubings Ltd generates revenue primarily through the sale of its tubing products to various industries, including oil and gas, automotive, and construction. The company operates on a business-to-business (B2B) model, where it supplies directly to manufacturers and contractors who require specialized tubing solutions. Key revenue streams include bulk orders of seamless and welded tubes, custom fabrication services, and long-term contracts with major industrial clients. Additionally, Cubex Tubings Ltd has established strategic partnerships with several key players in the oil and gas sector, which not only enhances its market reach but also secures a steady flow of orders. The company also benefits from its focus on innovation, which allows it to charge premium prices for high-quality, specialized products that meet specific client needs.

Cubex Tubings Ltd Financial Statement Overview

Summary

Cubex Tubings Ltd shows strong revenue growth and improved profitability margins. However, the increase in leverage and negative cash flow are concerning. The company's financial health is stable, but cash flow management needs attention for 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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.63B	2.67B	2.21B	1.91B	1.34B	703.00M
Gross Profit	263.40M	258.67M	103.01M	71.26M	47.60M	49.35M
EBITDA	121.16M	117.71M	83.55M	64.46M	45.65M	39.29M
Net Income	69.79M	66.59M	39.87M	26.48M	24.18M	13.30M
Balance Sheet
Total Assets	0.00	1.40B	1.05B	972.86M	932.12M	859.57M
Cash, Cash Equivalents and Short-Term Investments	18.96M	18.96M	38.30M	8.59M	10.16M	10.55M
Total Debt	0.00	334.51M	150.69M	129.37M	97.46M	13.36M
Total Liabilities	-758.54M	641.34M	356.32M	325.87M	311.60M	263.23M
Stockholders Equity	758.54M	758.54M	691.96M	646.99M	620.51M	596.34M
Cash Flow
Free Cash Flow	0.00	-12.45M	23.82M	-6.72M	-18.98M	-2.67M
Operating Cash Flow	0.00	-7.76M	34.34M	1.20M	-73.00K	-1.01M
Investing Cash Flow	0.00	-24.63M	12.50M	4.68M	-4.13M	-681.79K
Financing Cash Flow	0.00	13.05M	-17.13M	-7.45M	-7.97M	-38.21M

Cubex Tubings Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 92.00
• 50DMA: Negative
• 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 92 is above the 20-day moving average (MA) of 89.65, below the 50-day MA of 93.84, and above the 200-day MA of 91.78, indicating a neutral trend. The MACD of -0.72 indicates Negative momentum. The RSI at 53.74 is Neutral, neither overbought nor oversold. The STOCH value of 53.39 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
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CUBEXTUB	60 Neutral	₹1.31B	18.77	―	―	29.24%	75.16%
BHAGYANGR	56 Neutral	₹4.45B	16.23	―	―	25.79%	157.10%
SHAHALLOYS	52 Neutral	₹1.59B	-8.47	―	―	-76.23%	―
ZENITHSTL	48 Neutral	₹1.21B	39.03	―	―	-36.62%	-37.94%
MCL	47 Neutral	₹1.32B	28.60	―	―	119.41%	-35.45%
MANGALAM	45 Neutral	₹519.48M	―	―	―	-24.55%	-310.57%

Cubex Tubings Ltd Corporate Events

Cubex Tubings Confirms Compliance with SEBI Dematerialization Regulations

Cubex Tubings Limited has announced the successful completion of the dematerialization process for its equity shares for the period from July 1, 2025, to September 30, 2025. This process, verified by Aarthi Consultants Private Limited, ensures that the shares have been mutilated and cancelled post-verification, with the depository’s name substituted as the registered owner. The announcement underscores the company’s adherence to SEBI regulations and its commitment to maintaining transparency and regulatory compliance, potentially strengthening its position in the market and reassuring stakeholders.

Cubex Tubings Limited Announces Voting Results from 46th AGM

Cubex Tubings Limited recently held its 46th Annual General Meeting (AGM) on September 25, 2025, where the voting results were disclosed. The company utilized electronic voting facilitated by Central Depository Services (India) Limited (CDSL) to ensure shareholder participation. This move underscores Cubex Tubings’ commitment to transparency and modern governance practices, potentially enhancing its reputation among stakeholders.