Prince Pipes & Fittings Ltd logo

Prince Pipes & Fittings Ltd

PRINCEPIPE NSE

Key Fundamentals

MicrocapPlastic Products - IndustrialIndustrial Products
Market Cap
₹3,166 Cr
Volatility
Moderate
P/E Ratio
31.11
EBITDA
₹230 Cr
Return on Equity
2.74%
Debt to Equity
0.09
Book Value
₹148.74
EPS
₹15.73
52W High
₹353.4
52W Low
₹205

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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51 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 65.1 to 51.0 days.

Weaknesses

3
  • The company has delivered a poor sales growth of 4.64% over past five years.
  • Company has a low return on equity of 6.14% over last 3 years.
  • Dividend payout has been low at 11.3% of profits over last 3 years

Growth Rate

Revenue Growth
2.39% ↗
Net Income Growth
81.30% ↗
Cash Flow Change
261.52% ↗
ROE
-76.82% ↘
ROCE
-74.26% ↘
EBITDA Margin (Avg.)
27.17% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 50d ago
AI opinion · based on fundamentals
Risk high

Prince Pipes & Fittings Ltd trades at a market cap of ₹3,040 Cr with a PE of 42.1x despite a 3-year ROE of just 6% and near-flat sales growth of 3% TTM. The company is almost debt-free with improving debtor days, but profitability and returns on capital remain subdued relative to its valuation multiple.

Bull Case 8
  • Company is almost debt-free, having reduced debt significantly, providing financial flexibility for future capex and acquisitions
  • TTM profit growth of 76% signals a sharp recovery in earnings after a period of margin compression
  • Debtor days improved from 65.1 to 51.0 days, indicating better working capital management and faster collections
  • 10-year compounded sales CAGR of 10% demonstrates long-term revenue scaling ability in the building materials segment
  • 10-year compounded profit CAGR of 10% shows the company has historically been able to grow earnings in line with revenue over a full cycle
  • 10-year ROE averages 13%, suggesting the business has structural ability to generate reasonable returns when operating conditions normalize
  • Price-to-book of 1.87x is relatively modest for a branded building products company, leaving room for re-rating if ROE recovers toward historical levels
  • Stock has corrected 24% over 1 year, potentially compressing valuations closer to mean levels after a period of overvaluation
Bear Case 8
  • PE of 42.1x is expensive given last-year ROE of only 5% and 3-year ROE of 6%, implying the market is pricing in a recovery that has yet to materialize sustainably
  • 5-year compounded sales growth of only 5% (and 3-year at -1%) indicates persistent top-line weakness for a mid-cap industrial company
  • 5-year compounded profit CAGR is -20%, reflecting significant earnings deterioration over a medium-term horizon
  • 3-year ROE of 6% and last-year ROE of 5% are well below cost of equity, destroying shareholder value at current return levels
  • Dividend payout of only 11.3% of profits over 3 years, combined with a yield of 0.18%, offers minimal income return to shareholders
  • Stock CAGR of -24% over both 1-year and 3-year periods shows sustained negative price momentum and investor skepticism
  • 5-year stock CAGR of -17% means long-term holders have experienced capital erosion despite the broader market rally
  • TTM sales growth of only 3% despite infrastructure push suggests the company may be losing market share or facing pricing headwinds in a competitive pipes market

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 50d ago
Neutral 1
  • Investor meet scheduled Jun 25 Jun 19

    Prince Pipes & Fittings will hold a virtual investor meet on June 25, 2026, hosted by Kotak Securities.

TL;DR: Limited recent news flow for Prince Pipes with only a scheduled investor meet on the calendar. No material headwinds or positive catalysts reported in the current cycle. The upcoming investor meet on Jun 25 may provide forward guidance and could shift sentiment depending on management commentary.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
554
656
619
740
604
622
578
720
580
595
573
850
609
Expenses
508
562
543
648
546
576
573
665
541
540
545
740
532
Operating Profit
45
94
76
92
58
46
5
55
40
55
28
110
77
OPM %
8%
14%
12%
12%
10%
7%
0.8%
8%
7%
9%
4.9%
13%
13%
Other Income
4
22
3
5
3
4
2
6
3
2
0
5
4
Interest
2
1
3
1
1
2
5
3
5
4
-4
4
3
Depreciation
22
23
23
24
26
28
26
27
31
32
34
34
35
PBT
26
93
53
72
34
20
-25
30
6
20
-2
76
43
Tax %
23%
24%
29%
24%
27%
28%
-19%
19%
24%
26%
18%
26%
21%
Net Profit
20
71
38
55
25
15
-20
24
5
15
-2
56
34
EPS in Rs
1.77
6.39
3.4
4.94
2.23
1.33
-1.85
2.19
0.44
1.32
-0.22
5.08
3.05
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
957
1,007
1,246
1,315
1,572
1,636
2,072
2,657
2,711
2,569
2,524
2,598
2,627
Expenses
875
908
1,083
1,151
1,388
1,406
1,708
2,241
2,461
2,261
2,362
2,367
2,358
Operating Profit
82
100
163
164
184
230
364
416
250
307
162
232
270
OPM %
9%
10%
13%
12%
12%
14%
18%
16%
9%
12%
6%
9%
10%
Other Income
2
0
2
5
7
6
15
5
9
34
13
9
10
Interest
37
34
36
36
36
33
21
14
11
6
10
10
8
Depreciation
29
30
33
38
44
52
59
70
83
91
107
131
135
PBT
18
37
96
95
111
151
299
337
165
244
59
100
136
Tax %
12%
20%
23%
24%
26%
25%
26%
26%
26%
25%
27%
27%
—
Net Profit
16
30
74
73
82
113
222
249
121
182
43
73
102
EPS in Rs
3.27
6.15
16.48
8.08
9.12
10.23
20.16
22.56
10.98
16.51
3.9
6.62
9.23
Div. Payout %
0%
0%
0%
0%
0%
10%
17%
16%
0%
6%
13%
15%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
48
48
45
90
90
110
110
111
111
111
111
111
Reserves
106
136
198
227
309
728
933
1,155
1,253
1,434
1,466
1,534
Borrowings
300
299
323
372
297
264
88
152
63
130
277
145
Other Liabilities
142
170
195
291
338
308
451
522
502
449
466
634
Total Liabilities
596
653
760
980
1,034
1,410
1,583
1,939
1,929
2,123
2,319
2,424
Fixed Assets
224
238
269
345
363
489
503
646
681
798
961
1,068
CWIP
4
14
18
15
62
8
77
23
24
35
20
24
Investments
0
2
1
1
1
1
1
12
92
38
27
148
Other Assets
367
400
473
620
608
913
1,002
1,259
1,133
1,252
1,312
1,183
Total Assets
596
653
760
980
1,034
1,410
1,583
1,939
1,929
2,123
2,319
2,424
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
123
86
94
162
219
102
292
-20
360
33
119
526
Investing
-30
-51
-67
-170
-105
-368
-70
20
-142
-126
-235
-325
Financing
-93
-35
-24
6
-105
257
-214
22
-128
48
120
-153
Net Cash Flow
0
0
3
-2
9
-9
8
23
90
-45
4
48
Free Cash Flow
92
36
26
-8
114
-16
171
-188
266
-158
-136
313
CFO/OP
154
94
71
109
135
61
98
18
160
35
91
229
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
81
87
69
66
58
40
58
60
56
83
61
51
Inventory Days
57
49
72
96
65
112
60
119
74
88
118
95
Days Payable
38
48
42
78
70
59
83
77
56
50
51
76
Cash Conversion Cycle
99
87
99
84
54
93
35
102
74
121
129
71
Working Capital Days
9
16
22
16
5
22
39
70
60
88
82
72
ROCE %
—
15%
25%
21%
21%
21%
29%
28%
12%
15%
4%
6%

Shareholding Pattern

As of Jun 2026
Promoters 60.95%
Public 18.50%
DIIs 15.33%
FIIs 3.05%
Others 2.16%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
63.25%
63.25%
63.25%
62.94%
62.94%
62.94%
62.94%
62.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.94%
60.95%
60.95%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
5.15%
6.44%
7.27%
6.06%
6.19%
3.75%
3.71%
3.54%
3.54%
3.05%
DIIs
10.46%
7.08%
6.55%
8.42%
9.79%
18.66%
10.34%
15.46%
15.75%
12.84%
15.89%
16.01%
18.53%
18.37%
17.53%
16.44%
14.98%
15.73%
15.96%
15.61%
15.54%
15.33%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
11.82%
14.09%
15.01%
16.12%
16.90%
0.00%
16.82%
15.75%
15.52%
15.04%
13.89%
13.50%
14.00%
12.70%
12.92%
15.18%
16.32%
17.53%
17.48%
17.85%
17.76%
18.50%
Others
14.47%
15.59%
15.18%
12.52%
10.37%
18.39%
9.90%
5.85%
7.79%
11.18%
9.28%
9.55%
1.37%
1.55%
1.33%
1.37%
1.57%
2.05%
1.92%
2.06%
2.20%
2.16%
No. of Shareholders
55,192
1,27,738
1,81,666
2,10,335
2,55,137
2,63,695
2,75,190
2,61,131
2,47,938
2,35,368
2,05,896
2,00,095
2,05,460
1,83,979
1,87,981
1,97,576
1,99,682
2,00,249
1,97,742
1,93,422
1,87,493
1,85,165

Documents

Frequently Asked Questions about Prince Pipes & Fittings Ltd

What does Prince Pipes & Fittings Ltd do?
Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. It was established in 1987 and initially manufactured PVC products. It is currently engaged in the manufacturing of polymer piping solutions in four types of polymers CPVC, UPVC, HDPE, PPR. [1]
Where is Prince Pipes & Fittings Ltd (PRINCEPIPE) listed?
Prince Pipes & Fittings Ltd is listed on the Indian stock exchanges. It is listed on NSE: PRINCEPIPE and BSE: 542907. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Prince Pipes & Fittings Ltd belong to?
Prince Pipes & Fittings Ltd operates in the Industrial Products sector within the Plastic Products - Industrial industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Prince Pipes & Fittings Ltd?
Prince Pipes & Fittings Ltd has a market capitalisation of approximately ₹3165.92 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Prince Pipes & Fittings Ltd?
The Price-to-Earnings (PE) ratio of Prince Pipes & Fittings Ltd is 31.11. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Prince Pipes & Fittings Ltd?
Over the past 52 weeks, Prince Pipes & Fittings Ltd has traded between a low of ₹205 and a high of ₹353.4. This range helps investors understand the stock's price volatility and recent trading levels.
Does Prince Pipes & Fittings Ltd pay dividends?
Yes, Prince Pipes & Fittings Ltd has a dividend yield of 0.18%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Prince Pipes & Fittings Ltd?
Prince Pipes & Fittings Ltd has a Return on Equity (ROE) of 2.74%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Prince Pipes & Fittings Ltd on Tapetide?
On Tapetide, you can view Prince Pipes & Fittings Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. It was established in 1987 and initially manufactured PVC products. It is currently engaged in the manufacturing of polymer piping solutions in four types of polymers CPVC, UPVC, HDPE, PPR. [1]

Website princepipes.com
CEO Mr. Jayant Shamji Chheda
Employees 2,063
Listed 2019-12-30
Face Value ₹ 10
Issued Size 11,05,61,079

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