What we do Cubex Tubings Ltd manufactures seamless solid drawn copper tubes, rods, bus bars, and wires serving power, electrical, refinery, automobile, and shipbuilding industries. |
Founded in 1,979 |
Market share Well-established player in copper alloy products with pan-India presence and growing export footprint. |
Problem solved Provides high quality copper and copper alloy products that ensure efficient electrical conductivity and heat transfer in critical industrial applications. |
Top clients or who we serve B2B supplying to power plants, switchgear manufacturers, refineries, automobile, electrical equipment, and shipbuilding companies. |
Key management Mr. Virendra Bhandari (Managing Director from 2024), Mrs. Veena Bhandari (Director - Admin), Mr. Akshay Bhandari (Executive Director) |
Our journey and innovations Since 1979, capacity expanded with new plants; developed in-house copper-nickel tubes for defense and shipyards; steady focus on technology absorption. |
Where we operate Operations mainly in India with exports to international markets from strategically located factories near shipping ports. |
Top products or what we offer Seamless copper tubes, rods, bus bars, wires, and copper alloy products for boilers, condensers, heat exchangers, and medical gas applications. |
Top brands - |
Raw materials needed Copper and copper-based alloys like cupronickel, admiralty brass, aluminum brass. |
Raw materials supplier Supplied by domestic and international metal vendors; face volatility in global copper prices. |
Recurring vs cyclical contribution Revenue largely cyclical, influenced by global copper price and industrial demand cycles. |
Our industry position Established reputation with diverse copper alloy product portfolio and significant market penetration in India and exports. |
Financial highlights Revenue of Rs.267.13 crore in FY 2024-25 with net profit Rs.6.66 crore, up from previous year; steady growth trajectory. |
Geographical revenue split Predominantly India with some export revenues noted at Rs.4.58 crore in foreign exchange earnings. |
Order book - |
Whats driving growth Demand from power, refinery, and electrical industries; internal capacity expansions; focus on defense-grade products. |
Our future plans Investing in new equipment to enhance capacity and product quality; no dividend to retain funds for expansion. |
Our green promise Monitoring energy consumption with measures to conserve energy though no significant capital invested yet. |
Our people and values Cordial management-employee relations; emphasis on integrity, workplace safety, and compliance; anti-harassment policies in place. |
Key challenges ahead Volatility in copper prices and foreign exchange rates pose risks; mitigation via price monitoring and operational efficiency. |
Interesting facts Pioneered large cross-section copper-nickel tubes in-house to meet defense and shipyard needs; strong legacy since 1979. |
Risks and strategy Exposure to metal price and forex volatility; strategy includes internal accrual funding, technology focus, and expanding client base. |
