Cubex Tubings reports higher net profit in FY26
Cubex Tubings Limited reported a net profit of ₹745.39 lakh for the financial year ended March 31, 2026, an increase from ₹665.86 lakh in the previous year. Total income rose to ₹29,622.63 lakh, driven by higher income from operations of ₹28,800.55 lakh. The Board proposed the re-appointment of Mrs. Veena Bhandari and Mr. Akshay Bhandari, while M/s. JMT & Associates were re-appointed as statutory auditors.

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Cubex Tubings Limited reported a net profit of ₹745.39 lakh for the financial year ended March 31, 2026, an increase from ₹665.86 lakh in the previous year. Total income for the period rose to ₹29,622.63 lakh compared to ₹26,919.19 lakh in FY25, driven by higher income from operations which stood at ₹28,800.55 lakh. The company’s manufacturing operations focus on seamless solid drawn tubes, rods, bus bars, and wires of copper and copper-based alloys.
Financial Performance
The company’s total expenditure for FY26 was ₹28,142.37 lakh, up from ₹25,742.13 lakh in the prior year. Interest and bank charges increased to ₹387.91 lakh from ₹247.88 lakh, while depreciation and amortization expenses rose marginally to ₹128.83 lakh. The provision for tax also increased to ₹218.13 lakh from ₹142.08 lakh. Consequently, the net profit for the year improved to ₹745.39 lakh.
| Particulars | Year ended 31.03.2026 (₹ in Lakhs) | Year ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Income from operations | 28,800.55 | 26,712.03 |
| Other Income | 822.08 | 207.16 |
| Total Expenditure | 28,142.37 | 25,742.13 |
| Net Profit | 745.39 | 665.86 |
Operational Highlights
Cubex Tubings manufactures copper and copper alloy products, finding application in power plants, switchgears, refineries, and the automobile industry. The company noted that foreign exchange inflow from exports was ₹2,256.73 lakh, while outflow for raw materials and equipment was ₹438.96 lakh. The directors decided not to recommend a dividend for the year, stating that funds will be deployed for buying new equipment to enhance production capacities.
Board and Governance
The Board of Directors has proposed the re-appointment of Mrs. Veena Bhandari and Mr. Akshay Bhandari, who retire by rotation at the Annual General Meeting. The company’s internal financial controls were found to be adequate and operating effectively during the review period. M/s. JMT & Associates, Chartered Accountants, were re-appointed as statutory auditors for a term of four years. The company confirmed there were no material changes or commitments affecting its financial position after the end of the financial year.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE144D01012/e162ca76-611a-472a-973b-d3c10d5f55f1.pdf
Historical Stock Returns for Cubex Tubings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.80% | -2.43% | -10.49% | -25.72% | -19.50% | +172.53% |
What specific production capacities does Cubex Tubings aim to achieve with the new equipment purchases?
How will the significant rise in interest costs impact the company's profit margins and leverage ratios in the coming year?
What strategies will the company employ to expand its export market given the positive foreign exchange inflow?





























