Cubex Tubings reports higher net profit in FY26

1 min read     Updated on 08 Jul 2026, 12:00 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
44994063

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 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?

Cubex Tubings Limited Confirms Non-Large Corporate Entity Status for FY26

1 min read     Updated on 14 Apr 2026, 08:34 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Cubex Tubings Limited disclosed to BSE and NSE that it does not qualify as a Large Corporate Entity for FY26 under SEBI regulations. The company confirmed compliance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 and stated it has not raised funds through debt securities issuance. Managing Director Virendra Bhandari signed the disclosure, which is available on the company website.

powered bylight_fuzz_icon
37724699

*this image is generated using AI for illustrative purposes only.

Cubex tubings Limited has officially disclosed to stock exchanges that it does not qualify as a Large Corporate Entity for the financial year ended March 31, 2026. The announcement was made in compliance with SEBI regulations governing disclosure requirements for large corporate entities.

Regulatory Compliance Disclosure

The company submitted its disclosure to both BSE Limited and the National Stock Exchange of India Limited, referencing SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular relates to fund raising by issuance of debt securities by large entities and mandates specific disclosure compliance requirements.

Parameter Details
Financial Year Ended March 31, 2026
Large Entity Status Does not qualify
Debt Securities Issued None
Disclosure Date April 13, 2026

Corporate Entity Classification

Cubex Tubings Limited confirmed that it does not fall under the category of Large Entity as per the framework and applicability criteria specified in the SEBI circular. The company emphasized that it has not raised any funds through the issuance of debt securities during the relevant period.

Management Statement

The disclosure was signed by Virendra Bhandari, Managing Director of Cubex Tubings Limited, bearing DIN: 00062228. The company assured that the disclosure information would be made available on its official website at www.cubextubings.com for public access and transparency.

Company Background

Cubex Tubings Limited operates as an ISO 9001:2008 certified company with CIN: L27109TG1979PLC002504. The company maintains its registered office in Secunderabad, Telangana, with administrative office and factory facilities located in Patancheruvu, Sangareddy District, Telangana.

Historical Stock Returns for Cubex Tubings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.80%-2.43%-10.49%-25.72%-19.50%+172.53%

What factors might cause Cubex Tubings to transition into Large Corporate Entity status in future financial years?

How could the company's non-large entity status affect its access to capital markets and funding options going forward?

Will Cubex Tubings consider issuing debt securities as an alternative financing strategy in the upcoming financial year?

More News on Cubex Tubings

1 Year Returns:-19.50%