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Rex Pipes and Cables Industries IPO is a Fixed Price listing on NSE EMERGE exchange. The company is based in Sikar and caters to Plastic And Polymer sector. Navigant Corporate Advisors is the merchant banker of Rex Pipes and Cables Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th July 2021.
Rex Pipes and Cables Industries IPO posted revenues of ₹ 53.27 crores and PAT of ₹ 1.28 crores in FY21 on annualised basis.
Revenue:
₹ 53.21 Cr.
EBITDA Margin:
12.40
% 
Net Worth: ₹ 11.42 Cr.
Market Capitalisation:
₹ 23.66 Cr.
P/E:
18.43 times
P/BV: 1.34 times
EV/EBITDA: 6.71 times
Financial results of Rex Pipes and Cables Industries IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jan-21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 38.11 | 33.83 | 32.71 | 27.04 | |
| Net Worth | 11.42 | 10.42 | 9.63 | 8.32 | |
| Total Debt | 21.08 | 15.42 | 17.23 | 12.17 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
44.34
53.21 |
32.02 | 37.24 | 34.87 | |
EBITDA
EBITDA on annualised basis |
5.50
6.60 |
6.64 | 5.62 | 4.19 | |
PAT
PAT on annualised basis |
1.01
1.21 |
0.78 | 1.31 | 1.27 | |
Rex Pipes and Cables Industries IPO PAT Margin is 2.28 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Rex Pipes and Cables Industries IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jan-21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|
| EBITDA Margin (%) | 12.40 | 20.74 | 15.09 | 12.02 |
| PAT Margin (%) | 2.28 | 2.44 | 3.52 | 3.64 |
| EPS (₹) | 1.62 | 1.25 | 2.11 | 2.05 |
| ROE (%) | 8.84 | 7.49 | 13.60 | 15.26 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 2.65 | 2.31 | 4.00 | 4.70 |
| Debt to Equity | 1.85 | 1.48 | 1.79 | 1.46 |
The market Capitalisation of Rex Pipes and Cables Industries IPO is ₹ 23.66 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Rex Pipes and Cables Industries IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Rex Pipes and Cables Industries IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Rex Pipes and Cables Industries IPO is ₹ 23.66 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Rex Pipes and Cables Industries IPO has a Price-to-Earnings (PE) ratio of 18.43 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Rex Pipes and Cables Industries IPO reported revenue of ₹ 53.27 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Rex Pipes and Cables Industries IPO provide insights into sales growth, market demand, and business scalability.
Rex Pipes and Cables Industries recorded an EBITDA of ₹ 6.60 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Rex Pipes and Cables Industries Profit After Tax (PAT) is ₹ 1.21 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 53.21 Cr.
EBITDA Margin:
12.40
%
Net Worth: ₹ 11.42 Cr.
Market Capitalisation:
₹ 23.66 Cr.
P/E:
18.43 times
P/BV: 1.34 times
EV/EBITDA: 6.71 times
Rex Pipes and Cables Industries operates in Plastic And Polymer and Trading And Production/Manufacturing Of UPVC Pipes. The Issue is listed on NSE EMERGE in Aug, 2021. Rex Pipes and Cables Industries IPO size was 6.24 with Issue price of 26.00 .
Merchant Banker(s) of Rex Pipes and Cables Industries IPO: Navigant Corporate Advisors Limited
Rex Pipes and Cables Industries IPO subscription was 23.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rex Pipes and Cables Industries IPO listed at a listing price of 26.80 against the offer price of 26.00.
The current market price of Rex Pipes and Cables Industries is 62.05.
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