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Prakash Pipes share price

Prakash Pipes Ltd.

NSE: PPL BSE: 542684 SECTOR: Plastic Products  121k   430   59

437.30
+4.95 (1.14%)
BSE: 23 Feb 04:01 PM

Price Summary

Today's High

₹ 447.75

Today's Low

₹ 427.75

52 Week High

₹ 492.95

52 Week Low

₹ 134.3

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1045.95 Cr.

Enterprise Value

934.5 Cr.

No. of Shares

2.39 Cr.

P/E

12.45

P/B

3.08

Face Value

₹ 10

Div. Yield

0.28 %

Book Value (TTM)

₹  142.14

CASH

121.03 Cr.

DEBT

9.58 Cr.

Promoter Holding

44.27 %

EPS (TTM)

₹  35.14

Sales Growth

14.99%

ROE

27.74 %

ROCE

35.07%

Profit Growth

52.33 %

* 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 Year14.99%
3 Year22.57%
5 Year∞%

Profit Growth

1 Year52.33%
3 Year42.28%
5 Year∞%

ROE%

1 Year27.74%
3 Year23.93%
5 Year31.7%

ROCE %

1 Year35.07%
3 Year32.95%
5 Year39.68%

Debt/Equity

0.0344

Price to Cash Flow

24.62

Interest Cover Ratio

28.7888198757764

CFO/PAT (5 Yr. Avg.)

0.761716299049182

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 44.27 0
Sep 2023 44.27 0
Jun 2023 44.27 36.75
Mar 2023 44.27 49.66
Dec 2022 44.27 49.66
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 42.2823852416734% for the Past 3 years.
  • The company has shown a good revenue growth of 22.5700954575967% for the Past 3 years.
  • Company has been maintaining healthy ROE of 23.9254187394079% over the past 3 years.
  • Company has been maintaining healthy ROCE of 32.9510093568272% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 28.7888198757764.
  • Company’s PEG ratio is 0.237837936134832.
  • The company has an efficient Cash Conversion Cycle of 45.4838079181188 days.
  • Company has a healthy liquidity position with current ratio of 4.14544587505961.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 171.91 155.87 175.56 170.86 158.22
Total Expenditure 151.08 137.02 152.37 146.74 128.34
Operating Profit 20.83 18.85 23.19 24.12 29.88
Other Income 1.4 0.4 1.18 5.44 4.41
Interest 1.14 0.38 0.36 0.32 1.62
Depreciation 3.43 2.12 2.35 2.42 2.46
Exceptional Items 0 0 0 0 0
Profit Before Tax 17.66 16.75 21.66 26.82 30.21
Tax 4.23 -3.01 3.19 4.15 7.07
Profit After Tax 13.43 19.76 18.47 22.67 23.14
Adjusted EPS (Rs) 5.61 8.26 7.72 9.48 9.67

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 340.96 385.14 476.15 616.75 709.21
Total Expenditure 302.35 346.74 417.61 539.29 625.94
Operating Profit 38.61 38.4 58.54 77.46 83.27
Other Income 4.59 4.07 2.15 3.08 21.61
Interest 0.21 1.68 1.53 2.49 3.22
Depreciation 4.72 6.49 8.37 10.92 12.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 38.27 34.3 50.79 67.13 89.48
Tax 9.72 9.55 14.99 20.33 18.19
Net Profit 28.55 24.75 35.8 46.8 71.29
Adjusted EPS (Rs.) 0 12.12 14.97 19.57 29.8

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 0 20.42 23.92 23.92 23.92
Total Reserves 109.17 111.92 167.64 211.39 254.69
Borrowings 0.13 0.38 0.51 0.42 0.26
Other N/C liabilities -18.89 -20.51 -16.03 -8.81 -1.44
Current liabilities 29.03 43.69 46.43 57.38 62.91
Total Liabilities 119.44 155.9 222.47 284.3 340.34
Assets
Net Block 43.26 54.71 77.31 101.11 67.57
Capital WIP 0.38 0.08 0.3 4.08 4.77
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 1.59 2.52 5.25 3.7 5.13
Other N/C Assets 0 0.09 0.04 0.07 2.08
Current Assets 74.21 98.5 139.57 175.34 260.79
Total Assets 119.44 155.9 222.47 284.3 340.34
* 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 38.27 34.3 50.79 67.13 89.48
Adjustment 4.91 8.32 10.81 12.57 -3.51
Changes in Assets & Liabilities -15.28 -20.39 -25.12 -17.05 -28.78
Tax Paid -7.67 -8.28 -6.52 -11.46 -14.7
Operating Cash Flow 20.23 13.95 29.96 51.19 42.49
Investing Cash Flow -19.61 -15.32 -32.93 -35.69 15.58
Financing Cash Flow 0.08 1.63 18.17 0.45 0.5
Net Cash Flow 0.7 0.26 15.2 15.95 58.57

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 44.27 44.27 44.27 44.27 44.27
ambrosia commerce pvt. lt... 1.01 1.01 1.01 1.01 1.01
chaibasa steel llp 0.13 0.13 0.13 0.13 0.13
dhruv commerce llp 0.93 0.93 0.93 0.93 0.93
essential electronics llp... 0.47 0.47 0.47 0.47 0.47
evershine mercantile llp 1.00 1.00 1.00 1.00 1.00
excel fincap llp 0.05 0.05 0.05 0.05 0.05
focus securities & credit... 0.76 0.76 0.76 0.76 0.76
four wings marketing llp 0.21 0.21 0.21 0.21 0.21
gmk builders pvt. ltd. 4.27 4.27 4.27 4.27 4.27
goel containers pvt. ltd.... 0.30 0.30 0.30 0.30 0.30
hi-tech mercantile (india... 1.29 1.29 1.29 1.29 1.29
hissar tubes llp 0.71 0.71 0.71 0.71 0.71
kanha agarwal 0.06 0.06 0.06 0.06 0.06
mohini agarwal 0.53 0.53 0.53 0.53 0.53
new era commerce & securi... 0.11 0.11 0.11 0.11 0.11
ocean ispat pvt. ltd. 0.16 0.16 0.16 0.16 0.16
prakash capital services ... 0.79 0.79 0.79 0.79 0.79
prakash industrial financ... 0.47 0.47 0.47 0.47 0.47
premier fincap llp 0.65 0.65 0.65 0.65 0.65
prime mercantile pvt. ltd... 1.93 1.93 1.93 1.93 1.93
prospero securities pvt. ... 0.32 0.32 0.32 0.32 0.32
rourkela steel llp 0.75 0.75 0.75 0.75 0.75
samyak securities llp 0.78 0.78 0.78 0.78 0.78
shikha mercantile llp 0.04 0.04 0.04 0.04 0.04
shree labh lakshmi capita... 1.21 1.21 1.21 1.21 1.21
style leasing & finance p... 0.58 0.58 0.58 0.58 0.58
sunvin trading & investme... 0.65 0.65 0.65 0.65 0.65
suvarna marketing llp 0.05 0.05 0.05 0.05 0.05
techdrive software llp - - 0.29 0.29 0.29
tools india pvt. ltd. 0.47 0.47 0.47 0.47 0.47
unity mercantile llp 0.13 0.13 0.13 0.13 0.13
ved prakash agarwal 18.88 18.88 18.88 18.88 18.88
ved prakash agarwal (huf)... 1.15 1.15 1.15 1.15 1.15
vikram agarwal 0.21 0.21 0.21 0.21 0.21
vision mercantile pvt. lt... 0.28 0.28 0.28 0.28 0.28
welter securities ltd. 2.62 2.62 2.62 2.62 2.62
techdrive software ltd 0.29 0.29 - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 55.73 55.73 55.73 55.73 55.73
amarjoti vanijya llp 3.96 5.50 5.50 5.48 3.45
concatenate advest adviso... 1.23 1.23 1.23 - 1.23
dolly khanna 2.83 2.71 2.78 3.24 3.14
investor education and pr... - 0.33 - - 0.33
llp 5.78 7.32 7.33 7.25 3.94
mukul mahavir agrawal - - - - 2.51
nilkanth fincon private l... 2.01 2.01 2.02 2.02 2.02
investor education and pr... 0.33 - 0.33 0.33 -
makrana tradecom llp 1.46 1.46 1.46 1.41 -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY23 22 Jun 2023
  • PresentationQ4FY21 18 Jun 2021
  • PresentationQ3FY21 10 Feb 2021
  • PresentationQ1FY21 7 Aug 2020

Company News

Prakash Pipes informs about issuance of letter of confirmation23 Feb 2024, 5:07PM Prakash Pipes - Quaterly Results13 Feb 2024, 12:42PM Prakash Pipes - Quaterly Results13 Feb 2024, 12:42PM Prakash Pipes - Quaterly Results13 Feb 2024, 12:42PM Prakash Pipes informs about issuance of letter of confirmation23 Jan 2024, 5:05PM Prakash Pipes informs about loss of share certificates23 Nov 2023, 5:12PM Prakash Pipes informs about board meeting1 Nov 2023, 1:44PM Prakash Pipes informs about issue of duplicate share certificates5 Oct 2023, 1:35PM Prakash Pipes informs about loss of share certificate13 Sep 2023, 2:53PM Prakash Pipes informs about AGM28 Aug 2023, 4:21PM Prakash Pipes - Quaterly Results8 Aug 2023, 1:11PM Prakash Pipes - Quaterly Results8 Aug 2023, 1:11PM Prakash Pipes - Quaterly Results8 Aug 2023, 1:11PM Prakash Pipes informs about disclosure7 Aug 2023, 5:03PM Prakash Pipes informs about disclosure22 Jul 2023, 11:35AM Prakash Pipes informs about disclosure 19 Jun 2023, 9:53AM Prakash Pipes - Quaterly Results23 May 2023, 1:26PM Prakash Pipes - Quaterly Results23 May 2023, 1:26PM Prakash Pipes - Quaterly Results23 May 2023, 1:26PM Prakash Pipes - Quaterly Results14 Feb 2023, 12:59PM Prakash Pipes - Quaterly Results14 Nov 2022, 2:16PM Prakash Pipes informs about disclosure30 Sep 2022, 11:45AM Prakash Pipes informs about disclosure 27 Sep 2022, 10:25AM Prakash Pipes - Quaterly Results9 Aug 2022, 1:44PM Prakash Pipes - Quaterly Results9 Aug 2022, 1:44PM Prakash Pipes - Quaterly Results9 Aug 2022, 1:44PM Prakash Pipes informs about disclosure21 May 2022, 10:46AM Prakash Pipes - Quaterly Results9 May 2022, 2:28PM Prakash Pipes - Quaterly Results9 May 2022, 2:28PM Prakash Pipes - Quaterly Results9 May 2022, 2:28PM Prakash Pipes informs about disclosure31 Mar 2022, 9:51AM Prakash Pipes informs about disclosure8 Mar 2022, 9:27AM Prakash Pipes informs about disclosure28 Feb 2022, 9:22AM Prakash Pipes informs about disclosure22 Feb 2022, 9:19AM Prakash Pipes - Quaterly Results11 Feb 2022, 12:57PM Prakash Pipes - Quaterly Results11 Feb 2022, 12:57PM Prakash Pipes informs about disclosure28 Jan 2022, 9:47AM Prakash Pipes informs about disclosure18 Sep 2021, 11:00AM Prakash Pipes informs about disclosure25 Aug 2021, 9:52AM Prakash Pipes informs about disclosure4 Aug 2021, 4:18PM Prakash Pipes informs about outcome of board meeting30 Jul 2021, 12:34PM Prakash Pipes informs about board meeting23 Jul 2021, 2:49PM Prakash Pipes informs about outcome of board meeting17 May 2021, 4:31PM Prakash Pipes launches CPVC pipes & fittings for hot water application31 Dec 2020, 9:08AM Prakash Pipes informs about outcome of EGM23 Dec 2020, 3:36PM Prakash Pipes incorporates WOS company9 Dec 2020, 9:29AM Prakash Pipes - Quaterly Results31 Aug 2020, 2:12PM Prakash Pipes restarts production at flexible packaging plant20 Apr 2020, 9:43AM

Prakash Pipes Stock Price Analysis and Quick Research Report. Is Prakash Pipes 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). Prakash Pipes has a PE ratio of 12.3505102999186 which is low and comparatively undervalued .

  • Share Price: - The current share price of Prakash Pipes is Rs 433.95. One can use valuation calculators of ticker to know if Prakash Pipes 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. Prakash Pipes has ROA of 22.8259477459016 % which is a good 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. Prakash Pipes has a Current ratio of 4.14544587505961 .

  • 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. Prakash Pipes has a ROE of 27.7436176836862 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Prakash Pipes has a D/E ratio of 0.0344 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. Prakash Pipes has an Inventory turnover ratio of 13.0959283537993 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Prakash Pipes has reported revenue growth of 14.9914876368058 % 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 Prakash Pipes for the current financial year is 11.7412332031415 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Prakash Pipes is Rs 1.2 and the yield is 0.2776 %.

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Brief about Prakash Pipes
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