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Prince Pipes & Fitti share price

Prince Pipes and Fittings Ltd.

NSE: PRINCEPIPE BSE: 542907 SECTOR: Plastic Products  148k   1k   589

621.85
+1.00 (0.16%)
NSE: Today, 04:02 PM

Price Summary

Today's High

₹ 627.1

Today's Low

₹ 615.2

52 Week High

₹ 776

52 Week Low

₹ 521.35

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

6875.24 Cr.

Enterprise Value

6808.97 Cr.

No. of Shares

11.06 Cr.

P/E

30.97

P/B

4.63

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  134.42

CASH

124.41 Cr.

DEBT

58.13 Cr.

Promoter Holding

60.94 %

EPS (TTM)

₹  20.08

Sales Growth

2.03%

ROE

9.24 %

ROCE

12.4%

Profit Growth

-51.32 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year2.03%
3 Year18.34%
5 Year15.57%

Profit Growth

1 Year-51.32%
3 Year2.57%
5 Year10.78%

ROE%

1 Year9.24%
3 Year18.17%
5 Year19.16%

ROCE %

1 Year12.4%
3 Year22.9%
5 Year22.13%

Debt/Equity

0.0426

Price to Cash Flow

19.09

Interest Cover Ratio

15.9678561699809

CFO/PAT (5 Yr. Avg.)

1.21122069872157

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 60.94 0
Dec 2023 60.94 0
Sep 2023 60.94 0
Jun 2023 60.94 0
Mar 2023 60.94 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 18.3417917179976% for the Past 3 years.
  • The company has significantly decreased its debt by 91.866 Cr.
  • Company has been maintaining healthy ROCE of 22.9017340285831% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 15.9678561699809.
  • The company has an efficient Cash Conversion Cycle of 59.4731236069476 days.
  • Company has a healthy liquidity position with current ratio of 2.44749481212722.
  • The company has a good cash flow management; CFO/PAT stands at 1.21122069872157.
  • The company has a high promoter holding of 60.94%.

 Limitations

  • The company has shown a poor profit growth of 2.57418783462033% for the Past 3 years.
  • The company is trading at a high PE of 30.97.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 705.9 764.41 553.55 656.45 618.62
Total Expenditure 636.43 616.07 508.24 562.27 542.95
Operating Profit 69.47 148.34 45.31 94.18 75.66
Other Income 1.22 3.42 3.8 3.95 3.01
Interest 1.62 2.83 1.74 0.69 2.71
Depreciation 21.05 21.14 21.81 22.53 22.91
Exceptional Items 0 0 0 17.93 0
Profit Before Tax 48.02 127.79 25.56 92.84 53.05
Tax 12.63 33.68 5.94 22.2 15.42
Profit After Tax 35.39 94.12 19.62 70.63 37.63
Adjusted EPS (Rs) 3.2 8.51 1.77 6.39 3.4

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1571.87 1635.66 2071.52 2656.83 2710.87
Total Expenditure 1387.81 1406.88 1709.88 2241.22 2460.56
Operating Profit 184.06 228.78 361.63 415.61 250.32
Other Income 7.13 6.94 17.6 5.47 8.55
Interest 36.3 33.17 20.67 13.9 11.01
Depreciation 43.57 51.98 59.42 70.31 83.01
Exceptional Items 0 0 0 0 0
Profit Before Tax 111.31 150.57 299.15 336.87 164.84
Tax 29.18 38.07 77.32 87.47 43.42
Net Profit 82.13 112.51 221.83 249.4 121.42
Adjusted EPS (Rs.) 9.12 10.23 20.16 22.56 10.98

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 90.02 110.03 110.03 110.56 110.56
Total Reserves 308.9 727.65 933.45 1154.71 1253.4
Borrowings 105.77 39.46 0 0 0
Other N/C liabilities 38.77 41.99 26.27 24.98 30.5
Current liabilities 582.34 594.36 513.11 648.8 459.73
Total Liabilities 1125.79 1513.49 1582.86 1939.04 1854.19
Assets
Net Block 363.36 488.58 502.99 645.6 680.57
Capital WIP 61.51 7.53 76.55 22.3 19.03
Intangible WIP 0 0 0 0.26 4.53
Investments 0.78 0.63 1.46 1.69 0.29
Loans & Advances 65.13 59.88 33.77 42.18 24.27
Other N/C Assets 9.19 8.84 5.59 0.29 0.32
Current Assets 625.83 948.02 962.5 1226.72 1125.18
Total Assets 1125.79 1513.49 1582.86 1939.04 1854.19
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 111.31 150.57 299.15 336.87 164.84
Adjustment 76.75 97.02 70.17 92.58 88.12
Changes in Assets & Liabilities 61.09 -108.11 -12.74 -352.95 147.33
Tax Paid -30.51 -37.18 -64.59 -96.01 -40.14
Operating Cash Flow 218.64 102.3 291.99 -19.5 360.16
Investing Cash Flow -105.06 -367.69 -69.72 20.48 -148.12
Financing Cash Flow -104.93 256.56 -213.88 22.19 -122.18
Net Cash Flow 8.66 -8.83 8.39 23.17 89.85

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 60.94 60.94 60.94 60.94 60.94
ashwini vipul chheda 0.01 0.01 0.01 0.01 0.01
gunvanti jayantilal gada 0.04 0.04 0.04 0.04 0.04
heena parag chheda 0.01 0.01 0.01 0.01 0.01
jayant shamji chheda 6.02 6.02 6.02 7.11 6.02
jayant shamji chheda (tru... - - - - 1.09
jayantilal kalyanji gada 0.05 0.05 0.05 0.05 0.05
parag jayant chheda 18.78 18.78 18.78 18.78 18.78
tarla j chheda 15.73 15.73 15.73 15.73 15.73
vaishali hitesh shah 0.45 0.45 0.45 0.45 0.45
vipul jayant chheda 18.78 18.78 18.78 18.78 18.78
vs family trust (karta-ja... 1.09 1.09 1.09 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 39.06 39.06 39.06 39.06 39.06
aditya birla sun life tru... 1.07 1.18 1.18 1.61 1.52
dsp small cap fund 1.34 1.48 3.07 3.33 3.98
government pension fund g... 1.67 1.76 2.26 2.37 2.37
madhulika agarwal 1.30 1.30 1.30 1.30 1.30
mirae asset large & midca... - - - 9.95 9.97
oman india joint investme... 2.54 2.03 1.53 1.53 1.53
llp 0.31 0.31 0.31 0.31 -
mirae asset emerging blue... 8.61 9.60 9.95 - -
new mark capital india fu... 1.13 1.13 1.13 - -
kuwait investment authori... 1.84 1.53 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Prince Pipes & Fittings to acquire Aquel brand, plant located at Gujarat21 Mar 2024, 10:16AM Prince Pipes & Fitti - Quaterly Results5 Feb 2024, 6:55PM Prince Pipes & Fitti - Quaterly Results5 Feb 2024, 6:55PM Prince Pipes and Fittings submits analyst meeting intimation12 Dec 2023, 5:01PM Prince Pipes And Fittings informs about transcript of conference call15 Nov 2023, 11:56AM Prince Pipes And Fittings informs about transcript of conference call15 Nov 2023, 11:56AM Prince Pipes & Fitti - Quaterly Results7 Nov 2023, 5:07PM Prince Pipes & Fitti - Quaterly Results7 Nov 2023, 5:07PM Prince Pipes & Fitti - Quaterly Results7 Nov 2023, 5:07PM Prince Pipes and Fittings informs about analyst meet11 Sep 2023, 4:56PM Prince Pipes and Fittings informs about analyst meet 4 Sep 2023, 2:57PM Prince Pipes And Fittings informs about transcript of conference call18 Aug 2023, 5:12PM Prince Pipes and Fittings informs about book closure14 Aug 2023, 2:18PM Prince Pipes and Fittings informs about book closure14 Aug 2023, 11:58AM Prince Pipes & Fitti - Quaterly Results10 Aug 2023, 4:36PM Prince Pipes & Fitti - Quaterly Results10 Aug 2023, 4:36PM Prince Pipes & Fitti - Quaterly Results10 Aug 2023, 4:36PM Prince Pipes and Fittings informs about analyst meet26 Jun 2023, 12:39PM Prince Pipes & Fittings launches new collection of luxury faucets, sanitaryware21 Jun 2023, 11:39AM Prince Pipes And Fitting informs about press release21 Jun 2023, 10:24AM Prince Pipes & Fitti - Quaterly Results25 May 2023, 5:26PM Prince Pipes & Fitti - Quaterly Results25 May 2023, 5:26PM Prince Pipes & Fitti - Quaterly Results25 May 2023, 5:26PM Prince Pipes & Fitti - Quaterly Results7 Feb 2023, 4:00PM Prince Pipes & Fitti - Quaterly Results7 Feb 2023, 4:00PM Prince Pipes & Fitti - Quaterly Results7 Feb 2023, 4:00PM Prince Pipes and Fittings informs about discourse15 Dec 2022, 12:39PM Prince Pipes and Fittings informs about analyst call5 Dec 2022, 4:48PM Prince Pipes and Fittings informs about press release2 Dec 2022, 12:55PM Prince Pipes & Fittings launches two new plumbing, drainage solutions 2 Dec 2022, 11:40AM Prince Pipes and Fittings informs about RPT disclosure17 Nov 2022, 5:02PM Prince Pipes & Fitti - Quaterly Results9 Nov 2022, 3:43PM Prince Pipes & Fitti - Quaterly Results9 Nov 2022, 3:43PM Prince Pipes & Fitti - Quaterly Results9 Nov 2022, 3:43PM Prince Pipes and Fittings informs about compliance certificate7 Oct 2022, 12:31PM Prince Pipes and Fittings informs about disclosure 20 Sep 2022, 1:29PM Prince Pipes and Fittings informs about newspaper publication27 Aug 2022, 4:10PM Prince Pipes & Fittings enters into bathware division10 Aug 2022, 10:48AM Prince Pipes & Fitti - Quaterly Results9 Aug 2022, 3:24PM Prince Pipes & Fitti - Quaterly Results9 Aug 2022, 3:24PM Prince Pipes & Fitti - Quaterly Results9 Aug 2022, 3:24PM Prince Pipes And Fittings informs about conference call5 Aug 2022, 5:01PM Prince Pipes and Fittings informs about compliances-certificate13 Jul 2022, 1:10PM Prince Pipes And Fittings informs about transcript of conference call24 May 2022, 3:33PM Prince Pipes And Fittings informs about newspaper publication23 May 2022, 4:48PM Prince Pipes And Fittings informs about revised investor presentation 21 May 2022, 10:20AM Prince Pipes & Fitti - Quaterly Results19 May 2022, 5:13PM Prince Pipes & Fitti - Quaterly Results19 May 2022, 5:13PM Prince Pipes & Fitti - Quaterly Results19 May 2022, 5:13PM Prince Pipes and Fittings awarded Best Channel Loyalty Program for Udaan19 May 2022, 3:35PM

Prince Pipes & Fitti Stock Price Analysis and Quick Research Report. Is Prince Pipes & Fitti an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Prince Pipes & Fitti has a PE ratio of 30.9690881835884 which is high and comparatively overvalued .

  • Share Price: - The current share price of Prince Pipes & Fitti is Rs 621.85. One can use valuation calculators of ticker to know if Prince Pipes & Fitti share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Prince Pipes & Fitti has ROA of 6.40198627607244 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Prince Pipes & Fitti has a Current ratio of 2.44749481212722 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Prince Pipes & Fitti has a ROE of 9.23622972935453 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Prince Pipes & Fitti has a D/E ratio of 0.0426 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Prince Pipes & Fitti has an Inventory turnover ratio of 5.41744027512887 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Prince Pipes & Fitti has reported revenue growth of 2.03396375834075 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Prince Pipes & Fitti for the current financial year is 9.23374812006916 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Prince Pipes & Fitti is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Prince Pipes & Fitti

Prince Pipes and Fittings Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Prince Pipes and Fittings Ltd. is a leading Indian manufacturer of PVC pipes and fittings with a strong presence across the country. This comprehensive stock analysis page for Prince Pipes and Fittings Ltd. is aimed at long-term stock investors seeking reliable information and in-depth analysis across various critical areas.

Prince Pipes and Fittings Ltd. Share Price:

Analyzing Prince Pipes and Fittings Ltd.'s share price trend is vital for long-term stock investors seeking potential investment opportunities. The company's share price has been stable over the past few years, with predictable movements that enable investors to plan their long-term investment strategies. Our website provides real-time updates on Prince Pipes and Fittings Ltd.'s share prices and comparative performance with industry peers, allowing for informed decision-making. Our pre-built screening tools facilitate evaluating the company's performance and potential for growth. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions.

Prince Pipes and Fittings Ltd. Balance Sheet:

A company's balance sheet reflects its financial position, including liquidity, debt levels, and current ratio, which provides investors with valuable information about the company's financial health and stability. Evaluating Prince Pipes and Fittings Ltd.'s balance sheet is vital for long-term investors who want to understand the company's financial performance. Our pre-built screening tools facilitate a comparison of Prince Pipes and Fittings Ltd.'s financial indicators with those of its industry peers, enabling investors to identify potential investment opportunities. Analyzing the balance sheet allows for better investment planning and strategy.

Prince Pipes and Fittings Ltd. Annual Report:

Long-term stock investors should consider a company's annual report to gain a deep understanding of the company's performance. Prince Pipes and Fittings Ltd.'s annual reports are essential resources for investors, and our website provides access to these reports as downloadable documents, allowing for comprehensive analysis. Additionally, our premium feature tools, such as DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont analysis, analyze the information available in the annual report deeply, enabling investors to make well-informed decisions about their long-term investment strategies.

Prince Pipes and Fittings Ltd. Dividend:

For long-term stock investors seeking stable returns, understanding Prince Pipes and Fittings Ltd.'s dividend payout history is crucial. Our website provides information on the company's dividend payouts, allowing investors to assess the consistency and growth potential in this area. By comparing dividend payout trends with industry peers, investors can identify potential long-term investment opportunities and make informed decisions.

Prince Pipes and Fittings Ltd. Quarterly Result:

Prince Pipes and Fittings Ltd.'s quarterly results are vital for long-term stock investors seeking to analyze the company's performance over time. Our pre-built screening tools facilitate easy access to comprehensive analysis of the company's performance, enabling better-informed decision-making on long-term investment opportunities. Our website also provides annual reports and quarterly results as downloadable documents for in-depth analysis that allows for a deep understanding of the company's financial performance.

Prince Pipes and Fittings Ltd. Stock Price:

Prince Pipes and Fittings Ltd.'s stock price performance is a critical factor for long-term investors seeking potential investment opportunities. Our stock analysis page provides real-time updates on the company's stock price trends, enabling investors to evaluate its performance in comparison to industry peers. By utilizing our pre-built screening tools and analyzing the company's comparative performance, investors can identify potential long-term investment opportunities. Our website provides pre-built screening tools to help investors analyze stock prices and performance.

Prince Pipes and Fittings Ltd. Price Chart:

Graphical representation of Prince Pipes and Fittings Ltd.'s stock price trends is crucial for long-term investors seeking potential investment opportunities. Our stock analysis page offers a comprehensive price chart, allowing investors to analyze price trends over time. By utilizing our pre-built screening tools and premium feature tools, investors can gain valuable insights into the company's performance.

Prince Pipes and Fittings Ltd. News:

Staying up-to-date with the latest news and updates about Prince Pipes and Fittings Ltd.'s stock market performance is vital for long-term stock investors. Our website provides timely articles and events, allowing investors to stay informed about the company's financial performance. By tracking both local and international news, investors can gain valuable insights into Prince Pipes and Fittings Ltd.'s performance potential as a long-term investment opportunity.

Prince Pipes and Fittings Ltd. Concall Transcripts:

Analyzing Prince Pipes and Fittings Ltd.'s concall transcripts provides long-term stock investors with valuable insights into the company's future guidance, strategic initiatives, and financial performance. Our website provides access to the company's concall transcripts as downloadable documents that can be analyzed comprehensively. Investors can benefit from our premium feature tools, like DCF Analysis and Earnings multiple approach, along with the information provided to analyze the company's performance deeply.

Prince Pipes and Fittings Ltd. Investor Presentations:

Prince Pipes and Fittings Ltd.'s investor presentations provide a wealth of information about the company's growth potential as a long-term investment opportunity. Our stock analysis page provides access to the company's investor presentations as downloadable documents that can be analyzed comprehensively. Investors can leverage our premium feature tools like BVPS Analysis and DuPont Analysis, allowing deep analysis of the information available in the presentations to gain valuable insights into Prince Pipes and Fittings Ltd.'s performance potential as a long-term investment opportunity.

Prince Pipes and Fittings Ltd. Promoters and Shareholders:

Understanding Prince Pipes and Fittings Ltd.'s promoters and shareholders is essential for long-term stock investors. Our stock analysis page provides information on the company's promoters and shareholders, allowing investors to make well-informed decisions about their investments. Additionally, our pre-built screening tools analyze the company's shareholding patterns, providing valuable insights into the company's potential for long-term growth.

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