Is Texmo Pipes and Products the Best Stock in Its Sector? A Look at the Numbers
- October 9, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Texmo Pipes and Products CMP Rs 51.60 (09 Oct 2026). Market cap Rs 150 Cr. ROE 6.10%. P/E 9.93x versus Industry P/E 36.50x.
Quick Answer
Texmo Pipes and Products is one of the names investors compare when screening the Plastic Products sector, built on a 6.10% return on equity and a P/E of 9.93x against an Industry P/E of 36.50x. Whether Texmo Pipes and Products is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Plastic Products sector peers, so you can judge that for yourself.
Is Texmo Pipes and Products the best stock in its sector? The stock trades on the NSE at Rs 51.60 as of 09 October 2026, within its 52-week range of Rs 33.00 to Rs 64.50. Texmo Pipes and Products Ltd, incorporated in 2008, makes PVC, HDPE, CPVC and SWR pipes, water tanks and drip irrigation products.
Texmo Pipes and Products sits in the Plastic Products sector, and its 6.10% ROE and 9.93x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Texmo Pipes and Products
Texmo Pipes and Products Ltd, incorporated in 2008, makes PVC, HDPE, CPVC and SWR pipes, water tanks and drip irrigation products. The stock trades about 20 percent below its 52-week high and about 56 percent above its 52-week low. The company does not currently pay a dividend. At a market capitalisation of Rs 150 Cr, it is tracked as part of the Plastic Products sector on Univest.
Is Texmo Pipes and Products the Best Stock in Its Sector?
Texmo Pipes and Products makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 6.10% ROE with a 9.93x P/E against the sector’s 36.50x Industry P/E. Texmo Pipes’ 9.93x P/E is far below the 36.50x Industry P/E and the stock trades at a 0.90 P/B, but a 6.10% ROE is modest and three-year sales have shrunk at a compounded rate of about 14 percent a year.
| Metric | Texmo Pipes and Products |
|---|---|
| CMP (NSE) | Rs 51.60 |
| 52-Week High / Low | Rs 64.50 / Rs 33.00 |
| Market Cap | Rs 150 Cr |
| P/E (TTM) vs Industry P/E | 9.93x vs 36.50x |
| P/B | 0.90 |
| ROE | 6.10% |
| EPS (TTM) | Rs 5.18 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.24 |
Compare Texmo Pipes and Products Against Other Plastic Products Sector Stocks
How Texmo Pipes and Products Compares Against Its Plastic Products Sector Peers
The table below sets Texmo Pipes and Products against 2 other Plastic Products sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Texmo Pipes and Products | 150 | 9.93 | 6.10% | 0.24 |
| Prakash Pipes | 581 | 11.76 | 9.04% | 0.04 |
| Finolex Industries | 9,282 | 15.08 | 9.64% | 0.07 |
| Peer average (2 companies) | – | 13.42 | 9.34% | 0.06 |
Against this peer set, Texmo Pipes and Products’s 6.10% ROE is below the 9.34% peer average, and its P/E of 9.93x runs below the peer average of 13.42x. Texmo Pipes’ 9.93x P/E is far below the 36.50x Industry P/E and the stock trades at a 0.90 P/B, but a 6.10% ROE is modest and three-year sales have shrunk at a compounded rate of about 14 percent a year.
What Makes Texmo Pipes and Products Worth Watching in Plastic Products
- Deep discount to industry: A 9.93x P/E against a 36.50x Industry P/E is a very wide gap.
- Below book value: A P/B of 0.90 means the stock trades below the value of its net assets.
- Weak growth and no dividend: Sales have declined over three years and no dividend is paid, so the case rests on a recovery.
Texmo Pipes and Products Valuation: Is It Justified?
Texmo Pipes’ 9.93x P/E is far below the 36.50x Industry P/E and the stock trades at a 0.90 P/B, but a 6.10% ROE is modest and three-year sales have shrunk at a compounded rate of about 14 percent a year. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is TCI Express the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Texmo Pipes and Products and other Plastic Products sector stocks.
How to Track Texmo Pipes and Products Before You Invest
Before deciding whether Texmo Pipes and Products deserves its label as the best stock in its sector for your own portfolio, compare it directly against Plastic Products sector peers using the steps below.
- Open the Univest Screener and search for Texmo Pipes and Products to view live price, valuation ratios, and peer comparisons within the Plastic Products sector.
- Compare its P/E, P/B, and ROE against other Plastic Products sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Texmo Pipes and Products is worth researching mainly on valuation, with a P/E of 9.93x against a 36.50x Industry P/E, but a 6.10% ROE is modest, so the case for calling it the best stock in its sector rests on more than current returns. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Texmo Pipes and Products the best stock in its sector?
Ans. Texmo Pipes and Products has a 6.10% ROE and trades at 9.93x P/E against a 36.50x Industry P/E, and compares below the peer average ROE of 9.34% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Texmo Pipes and Products?
Ans. Texmo Pipes and Products was trading at Rs 51.60 on the NSE as of 09 October 2026, within its 52-week range of Rs 33.00 to Rs 64.50.
What sector does Texmo Pipes and Products belong to?
Ans. Texmo Pipes and Products is classified under the Plastic Products sector on Univest.
How does Texmo Pipes and Products compare to its sector peers on P/E?
Ans. Texmo Pipes and Products’s P/E of 9.93x is below the 13.42x average of the 2 named peers compared in this article.
What is Texmo Pipes and Products’s return on equity?
Ans. Texmo Pipes and Products reported a return on equity of 6.10%, which is below the 9.34% average of its named peers in this comparison.
Should I invest in Texmo Pipes and Products based on its sector position?
Ans. Texmo Pipes and Products’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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