Prince Pipes and Fittings Ltd.

NSE: PRINCEPIPE BSE: 542907 SECTOR: Plastic Products  84k   1k   562

604.80
+1.10 (0.18%)
NSE: 30 Jan 03:59 PM

Price Summary

Today's High

₹ 615

Today's Low

₹ 600.05

52 Week High

₹ 742.7

52 Week Low

₹ 510

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

6686.73 Cr.

Enterprise Value

6778.1 Cr.

No. of Shares

11.06 Cr.

P/E

45.34

P/B

5.42

Face Value

₹ 10

Div. Yield

0.58 %

Book Value (TTM)

₹  111.66

CASH

58.64 Cr.

DEBT

150 Cr.

Promoter Holding

62.94 %

EPS (TTM)

₹  13.34

Sales Growth

28.26%

ROE

21.63 %

ROCE

27.58%

Profit Growth

12.43 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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 Year28.26%
3 Year19.12%
5 Year16.34%

Profit Growth

1 Year12.43%
3 Year44.81%
5 Year27.44%

ROE%

1 Year21.63%
3 Year21.18%
5 Year22.53%

ROCE %

1 Year27.58%
3 Year25.6%
5 Year23.86%

Debt/Equity

0.1186

Price to Cash Flow

-342.91

Interest Cover Ratio

25.2283515535098

CFO/PAT (5 Yr. Avg.)

1.02305453265461

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 62.94 0
Sep 2022 62.94 0
Jun 2022 62.94 0
Mar 2022 62.94 0
Dec 2021 62.94 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 19.1192147046921% for the Past 3 years.
  • Company has been maintaining healthy ROE of 21.1765175523072% over the past 3 years.
  • Company has been maintaining healthy ROCE of 25.6007331334614% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 25.2283515535098.
  • The company has an efficient Cash Conversion Cycle of 37.971340863124 days.
  • The company has a high promoter holding of 62.94%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.05095204817571.

 Limitations

  • Company has negative cash flow from operations of -19.5.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 761.01 664.02 901.2 604.08 636.49
Total Expenditure 638.31 552.88 760.69 560.23 647.84
Operating Profit 122.7 111.14 140.51 43.85 -11.35
Other Income 1.47 1.7 0.1 1.24 2.67
Interest 3.75 3.43 4.03 3.38 3.2
Depreciation 16.86 17.61 19.91 19.66 21.16
Exceptional Items 0 0 0 0 0
Profit Before Tax 103.57 91.8 116.67 22.05 -33.03
Tax 27.48 24.48 28.44 6.03 -8.92
Profit After Tax 76.09 67.32 88.23 16.03 -24.11
Adjusted EPS (Rs) 6.92 6.09 7.98 1.45 -2.18

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1315.04 1571.87 1635.66 2071.52 2656.83
Total Expenditure 1151.7 1387.81 1406.88 1709.88 2241.22
Operating Profit 163.34 184.06 228.78 361.63 415.61
Other Income 6.03 7.13 6.94 17.6 5.47
Interest 36.11 36.3 33.17 20.67 13.9
Depreciation 38.09 43.57 51.98 59.42 70.31
Exceptional Items 0 0 0 0 0
Profit Before Tax 95.17 111.31 150.57 299.15 336.87
Tax 22.4 29.18 38.07 77.32 87.47
Net Profit 72.77 82.13 112.51 221.83 249.4
Adjusted EPS (Rs.) 8.08 9.12 10.23 20.16 22.56

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 90.02 90.02 110.03 110.03 110.56
Total Reserves 226.56 308.9 727.65 933.45 1154.71
Borrowings 146.19 105.77 39.46 0 0
Other N/C liabilities 42.41 38.77 41.99 26.27 24.98
Current liabilities 474.71 582.34 594.36 513.11 648.8
Total Liabilities 979.88 1125.79 1513.49 1582.86 1939.04
Assets
Net Block 344.65 363.36 488.58 502.99 645.6
Capital WIP 14.68 61.51 7.53 76.55 22.56
Intangible WIP 0 0 0 0 0
Investments 0.74 0.78 0.63 1.46 1.69
Loans & Advances 74.04 65.13 59.88 33.77 42.18
Other N/C Assets 2.52 9.19 8.84 5.59 0.29
Current Assets 543.25 625.83 948.02 962.5 1226.72
Total Assets 979.88 1125.79 1513.49 1582.86 1939.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 95.17 111.31 150.57 299.15 336.87
Adjustment 79.63 76.75 97.02 70.17 92.58
Changes in Assets & Liabilities 3.73 61.09 -108.11 -12.74 -352.95
Tax Paid -16.28 -30.51 -37.18 -64.59 -96.01
Operating Cash Flow 162.24 218.64 102.3 291.99 -19.5
Investing Cash Flow -170.26 -105.06 -367.69 -69.72 20.48
Financing Cash Flow 5.54 -104.93 256.56 -213.88 22.19
Net Cash Flow -2.49 8.66 -8.83 8.39 23.17

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 62.94 62.94 62.94 62.94 62.94
parag jayant chheda 19.52 19.52 19.52 19.52 19.52
vipul jayant chheda 20.03 20.03 20.03 20.03 20.03
tarla j chheda 15.73 15.73 15.73 15.73 15.73
jayant shamji chhe... 6.02 6.02 6.02 7.11 7.11
jayant shamji chhe... 1.09 1.09 1.09 - -
vaishali hitesh sh... 0.45 0.45 0.45 0.45 0.45
jayantilal kalyanj... 0.05 0.05 0.05 0.05 0.05
gunvanti jayantila... 0.04 0.04 0.04 0.04 0.04
heena parag chheda 0.01 0.01 0.01 0.01 0.01
ashwini vipul chhe... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 37.06 37.06 37.06 37.06 37.06
mirae asset emergi... 4.93 6.86 6.86 7.82 8.37
south asia growth ... - - - - -
oman india joint i... 3.81 2.54 2.54 2.54 2.54
mirae asset great ... - - - - -
aditya birla sun l... 1.15 1.15 1.01 1.05 1.07
kuwait investment ... 1.59 1.59 1.63 1.64 1.84
uti - hybrid equit... - - - - -
madhulika agarwal 1.30 1.30 1.30 - 1.30
dsp small cap fund - - - - 1.19
vanaja sundar iyer - - - - -
new mark capital i... 1.13 1.13 1.13 1.13 1.13
llp 0.32 0.32 0.31 0.31 0.29

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

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 & Fittings raises Rs 25.35 crore through Commercial Paper13 May 2022, 9:57AM Prince Pipes and Fittings informs about credit rating10 May 2022, 3:20PM Prince Pipes and Fittings informs about investors meet21 Mar 2022, 4:29PM Prince Pipes And Fittings informs about analyst meet10 Mar 2022, 12:37PM Vardhman Textiles informs about disclosure7 Mar 2022, 5:15PM Prince Pipes and Fittings informs about analyst meet7 Mar 2022, 5:06PM Prince Pipes And Fittings informs about transcript of the conference call23 Feb 2022, 12:59PM Prince Pipes and Fittings informs about investor conference9 Feb 2022, 12:17PM Prince Pipes and Fittings informs about analyst meet7 Feb 2022, 11:49AM Prince Pipes & Fitti - Quaterly Results3 Feb 2022, 3:56PM Prince Pipes & Fitti - Quaterly Results3 Feb 2022, 3:56PM Prince Pipes & Fitti - Quaterly Results3 Feb 2022, 3:56PM Prince Pipes and Fittings informs about board meeting24 Jan 2022, 2:48PM Prince Pipes And Fittings informs about closure of trading window30 Dec 2021, 3:56PM Prince Pipes And Fittings informs about analyst meet8 Dec 2021, 4:01PM Prince Pipes and Fittings informs about analyst meet6 Dec 2021, 4:16PM Prince Pipes and Fittings informs about analyst meet25 Nov 2021, 4:53PM Prince Pipes and Fittings informs about analyst meet22 Nov 2021, 4:35PM Prince Pipes and Fittings informs about analyst meet7 Sep 2021, 11:02AM Prince Pipes and Fittings informs about analyst meet 27 Aug 2021, 5:02PM Prince Pipes & Fittings launches Prince OneFit with Corzan CPVC Technology 6 Aug 2021, 10:58AM Prince Pipes and Fittings informs about conference call4 Aug 2021, 1:05PM Prince Pipes and Fittings informs about credit rating30 Jul 2021, 2:14PM Prince Pipes And Fittings informs about credit rating14 Jul 2021, 10:36AM Prince Pipes and Fittings informs about compliance certificate8 Jul 2021, 12:36PM Prince Pipes and Fittings informs about press release29 Jun 2021, 2:48PM

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 45.3431096916399 which is high and comparatively 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 14.1630043380068 % 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 1.89076056381446 .

  • 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 21.6295136106457 % .(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 0.1186 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 6.51165583122475 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 28.2553799944678 % which is fair 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 15.6431042685424 %.

  • 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 3.5 and the yield is 0.5771 %.

Brief about Prince Pipes & Fitti

X