Texmo Pipes Board Approves ₹6.98 Crore Promoter Preferential Issue

Q1 FY27 Consolidated Results YoY: Revenue at 117 Cr vs 105 Cr, up 11.6%. EBITDA at 12.4 Cr vs 9.1 Cr, up 35.7%. EBITDA Margin at 10.6% vs 8.7%, expansion of 190bps; other expenses declined 21.6% vs revenue growth of 11.6%. PAT attributable to owners at 6.2 Cr vs 5.1 Cr, up 20.7%. Board approved a preferential issue of up to 15.3 lakh equity shares to promoters at Rs 45.65 per share, aggregating to 6.98 Cr, subject to shareholder and regulatory approvals. Post-issue holdings are expected to rise to 19.46% for Sanjay Kumar Agrawal and 18.55% for Rashmi Agrawal.