Prince Pipes & Fittings
- P/E
- 32.26
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 6.03%
- Debt to Equity
- 0.09
- EPS (TTM)
- ₹9.23
- Book Value
- ₹148.74
- Market Cap
- —
- P/E (TTM)
- 32.26
- P/B
- 2.00
- ROE
- 4.60%
- Dividend Yield
- 0.36%
- EBITDA
- ₹243 Cr
- 52W High
- ₹324.80
- 52W Low
- ₹205.00
- Day Range
- ₹274.55 – ₹300.00
- Volume
- 29,55,408
Peer Comparison
Industrials › Industrial Products › Plastic Products - Industrial
| ₹3,353.50 | 41.26 | ₹42,083 Cr | 6.66 | 0.36% | 15.80% | 20.70% | ₹11,326 Cr | ₹1,033 Cr | |
| ₹1,423.70 | 66.43 | ₹37,224 Cr | 9.43 | 0.29% | 13.80% | 19.20% | ₹6,785 Cr | ₹576 Cr | |
| ₹7,544.50 | 45.19 | ₹17,078 Cr | 6.03 | 0.16% | 13.50% | 18.10% | ₹2,258 Cr | ₹388 Cr | |
| ₹6,816.50 | 40.93 | ₹9,153 Cr | 6.60 | 0.30% | 17.40% | 23.20% | ₹2,222 Cr | ₹225 Cr | |
| ₹143.95 | 14.51 | ₹8,730 Cr | 1.18 | 1.99% | 8.57% | 11.80% | ₹3,954 Cr | ₹616 Cr | |
| ₹171.42 | 16.94 | ₹8,407 Cr | 2.07 | 0.90% | 13.10% | 16.50% | ₹6,445 Cr | ₹498 Cr | |
| Prince Pipes & Fittings (this company) | ₹297.75 | 32.26 | ₹3,136 Cr | 2.00 | 0.36% | 4.60% | 6.03% | ₹2,627 Cr | ₹103 Cr |
| Median 7 companies | ₹1,423.70 | 40.93 | ₹9,153 Cr | 6.03 | 0.36% | 13.50% | 18.10% | ₹3,954 Cr | ₹498 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 71
- Strong
- Returns, margins, earnings quality 22% weight
- Valuation
- 64
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 30
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 68
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 55
- Good
- Trend strength, vol-adjusted 12% weight
- Ownership
- 48
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 65.1 to 51.0 days.
- Company's working capital requirements have reduced from 73.8 days to 51.3 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 6.11% over last 3 years.
- Dividend payout has been low at 11.2% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 2 | 5 | 12 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Neutral
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 67.58
- Neutral
- MACD (12,26,9)
- 2.47
- Bullish
- SMA (50)
- 269.60
- Bullish
- SMA (200)
- 261.80
- Bullish
As of
Analyst Rating
8 of 12 analysts rate Buy, 2 Hold, 2 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +9.94% |
|---|---|
| 5Y | +4.63% |
| 3Y | −1.41% |
| 1Y | +2.93% |
| TTM | +5.08% |
Net profit
| 10Y | +9.60% |
|---|---|
| 5Y | −19.51% |
| 3Y | −14.74% |
| 1Y | +74.42% |
| TTM | +329.17% |
Operating cash flow
| 10Y | +19.85% |
|---|---|
| 5Y | +12.49% |
| 3Y | +13.47% |
| 1Y | +342.02% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −1.00 pp |
|---|---|
| 5Y | −8.64 pp |
| 3Y | −0.29 pp |
| 1Y | +2.47 pp |
| TTM | +4.44 pp |
Revenue by year
| Mar 2017 | ₹1,246 Cr |
|---|---|
| Mar 2018 | ₹1,315 Cr |
| Mar 2019 | ₹1,572 Cr |
| Mar 2020 | ₹1,636 Cr |
| Mar 2021 | ₹2,072 Cr |
| Mar 2022 | ₹2,657 Cr |
| Mar 2023 | ₹2,711 Cr |
| Mar 2024 | ₹2,569 Cr |
| Mar 2025 | ₹2,524 Cr |
| Mar 2026 | ₹2,598 Cr |
Net profit by year
| Mar 2017 | ₹74.00 Cr |
|---|---|
| Mar 2018 | ₹73.00 Cr |
| Mar 2019 | ₹82.00 Cr |
| Mar 2020 | ₹113 Cr |
| Mar 2021 | ₹222 Cr |
| Mar 2022 | ₹249 Cr |
| Mar 2023 | ₹121 Cr |
| Mar 2024 | ₹182 Cr |
| Mar 2025 | ₹43.00 Cr |
| Mar 2026 | ₹75.00 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
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.
- 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
- 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
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.
- Investor meet scheduled Jun 25 Jun 19
Prince Pipes & Fittings will hold a virtual investor meet on June 25, 2026, hosted by Kotak Securities.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 554 | 656 | 619 | 740 | 604 | 622 | 578 | 720 | 580 | 595 | 573 | 850 | 609 | 821 |
| Expenses | 508 | 562 | 543 | 648 | 546 | 576 | 573 | 665 | 541 | 540 | 545 | 740 | 532 | 720 |
| Operating Profit | 45 | 94 | 76 | 92 | 58 | 46 | 5 | 55 | 40 | 55 | 28 | 110 | 77 | 100 |
| OPM % | 8% | 14% | 12% | 12% | 10% | 7% | 0.8% | 8% | 7% | 9% | 4.9% | 13% | 13% | 12% |
| Other Income | 4 | 22 | 3 | 5 | 3 | 4 | 2 | 6 | 3 | 2 | 0 | 5 | 4 | 3 |
| Interest | 2 | 1 | 3 | 1 | 1 | 2 | 5 | 3 | 5 | 4 | −4 | 4 | 3 | 2 |
| Depreciation | 22 | 23 | 23 | 24 | 26 | 28 | 26 | 27 | 31 | 32 | 34 | 34 | 35 | 35 |
| PBT | 26 | 93 | 53 | 72 | 34 | 20 | −25 | 30 | 6 | 20 | −2 | 76 | 43 | 67 |
| Tax % | 23% | 24% | 29% | 24% | 27% | 28% | −19% | 19% | 24% | 26% | 18% | 26% | 21% | 28% |
| Net Profit | 20 | 71 | 38 | 55 | 25 | 15 | −20 | 24 | 5 | 15 | −2 | 56 | 34 | 48 |
| EPS (₹) | 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 | — |
Sep 2026: from the results filed on 3 Nov 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2,360 | 2,367 | 2,358 |
| Operating Profit | 82 | 100 | 163 | 164 | 184 | 230 | 364 | 416 | 250 | 307 | 163 | 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 | 13.74 | 11 | 10 |
| Interest | 37 | 34 | 36 | 36 | 36 | 33 | 21 | 14 | 11 | 6 | 9.67 | 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 | 102 | 136 |
| Tax % | 12% | 20% | 23% | 24% | 26% | 25% | 26% | 26% | 26% | 25% | 27% | 26% | — |
| Net Profit | 16 | 30 | 74 | 73 | 82 | 113 | 222 | 249 | 121 | 182 | 43 | 75 | 102 |
| EPS (₹) | 1.63 | 3.08 | 8.24 | 8.08 | 9.12 | 10.23 | 20.16 | 22.56 | 10.98 | 16.51 | 3.9 | 6.8 | 9.23 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 10% | 17% | 16% | 0% | 6% | 13% | 15% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 1,066 |
| CWIP | 4 | 14 | 18 | 15 | 62 | 8 | 77 | 23 | 24 | 35 | 20 | 26 |
| 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 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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/EBITDA | 154 | 94 | 71 | 109 | 135 | 61 | 98 | 18 | 160 | 35 | 90 | 229 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 51 |
| ROCE % | — | 15% | 25% | 21% | 21% | 21% | 29% | 28% | 12% | 15% | 4% | 6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Prince Pipes & Fittings insights
67 extracted metrics across FY15–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · May 2026Transcript PPT Recording
- Q3 FY26 concall · Feb 2026Transcript
- Q3 FY26 concall · Feb 2026Transcript PPT Recording
- Q2 FY26 concall · Nov 2025Transcript PPT Recording
- 4 Aug 2026
- 19 May 2026
- 7 Aug 2026
- 9 Dec 2025
- 20 Feb 2025
- 3 Feb 2025
- 20 Feb 2024
- General announcements 3 Nov 2026
- General announcements 27 Oct 2026
Frequently Asked Questions about Prince Pipes & Fittings
What does Prince Pipes & Fittings Ltd do?
Where is Prince Pipes & Fittings Ltd (PRINCEPIPE) listed?
Which sector does Prince Pipes & Fittings Ltd belong to?
What is the PE ratio of Prince Pipes & Fittings Ltd?
What is the 52-week high and low of Prince Pipes & Fittings Ltd?
Does Prince Pipes & Fittings Ltd pay dividends?
What is the Return on Equity (ROE) of Prince Pipes & Fittings Ltd?
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.
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