What we do Texmo Pipes & Products Ltd manufactures PVC, HDPE, SWR, drip irrigation pipes and fittings, serving irrigation, water supply, construction, telecom sectors mainly in India. |
Founded in 1,999 |
Market share Established player with extensive dealer network; growing installed capacity and expanding subsidiaries strengthen market position. |
Problem solved Provides durable, efficient piping solutions addressing irrigation, potable water, drainage, and telecom infrastructure needs across diverse sectors. |
Top clients or who we serve Serves irrigation bodies, telecom firms like IDEA Cellular, BSNL, and agriculture and construction industries; predominantly B2B clients. |
Key management Mrs. Rashmi Agrawal (Whole-time Director), Mr. Sanjay Kumar Agrawal (Managing Director), and Mr. Vijay Prasad Pappu (Whole-time Director & CFO). |
Our journey and innovations Started with PVC in 1999; expanded to HDPE, drip irrigation, and fittings; consolidated assets in 2008; added subsidiaries recently for product diversification. |
Where we operate Primarily India, with a subsidiary in Sharjah, UAE, and operations expanding in Madhya Pradesh industrial areas. |
Top products or what we offer PVC, HDPE, SWR pipes; sprinkler and drip irrigation systems; plumbing and agricultural moulded fittings under brand 'TEXMO'. |
Top brands TEXMO - a key brand for plumbing, irrigation pipes and fittings; known for product quality and wide distribution. |
Raw materials needed PVC resin, HDPE granules, additives, and raw materials for pipe and fittings manufacturing. |
Raw materials supplier Local and national suppliers of polymer resins and chemical additives; details proprietary. |
Recurring vs cyclical contribution Revenue is mostly recurring from regular supply contracts and dealer networks; growth driven by demand in infrastructure and agriculture. |
Our industry position Mid-sized leader in Indian piping industry with growing installed capacity and broad product range; continues to expand footprint. |
Financial highlights Consolidated revenue ₹391.2 crore, profit after tax ₹19.18 crore for FY 2024-25; improved profitability over prior year despite revenue drop. |
Geographical revenue split - |
Order book - |
Whats driving growth Agricultural irrigation demand, infrastructure development, new product additions, and subsidiary expansions drive growth. |
Our future plans Increase solar energy initiatives, expand production capacity via subsidiaries, launch advanced piping technologies. |
Our green promise Installed solar plants, water conservation through rainwater harvesting, and sustainable manufacturing practices. |
Our people and values Employs 331 staff, focuses on ethics, transparency, employee welfare, and diversity in leadership roles. |
Key challenges ahead Raw material price volatility, regulatory compliance, competitive pressures, and awaiting resolution of ongoing legal cases. |
Interesting facts Company consolidated promoter group assets in 2008; launched wholly owned subsidiaries for petrochemical and polymer products recently. |
Risks and strategy Legal proceedings ongoing with SEBI; company actively appeals and maintains compliance; mitigates risks via internal controls and governance. |
