Prince Pipes and Fittings Ltd
PRINCEPIPEPrince Pipes and Fittings Ltd
PRINCEPIPE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 35.82 | 3.05 | 0.23% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast from 15 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
The company manufactures polymer pipes and fittings for plumbing, irrigation and sewage disposal. . The Company distributes its products under two brands: Prince Piping Systems and Trubore Piping.
Investor Presentation
View olderPeers
Compare with peersAstral Ltd
APL Apollo Tubes Ltd
Ratnamani Metals and Tubes Ltd
Jindal SAW Ltd
Finolex Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,007.93 | 1,248.98 | 1,321.07 | 1,579.00 | 1,642.60 | 2,089.12 | 2,662.30 | 2,719.42 | 2,602.77 | 2,600.13 | ||||||||||
Raw Materials | 737.45 | 944.02 | 939.99 | 1,106.94 | 1,215.71 | 1,333.96 | 1,979.81 | 2,057.60 | 1,827.64 | 2,313.38 | ||||||||||
| Power & Fuel Cost | 30.10 | 33.94 | 34.30 | 38.72 | 45.13 | 42.14 | 45.30 | 55.85 | 60.54 | |||||||||||
| Employee Cost | 50.86 | 57.67 | 68.43 | 77.56 | 86.24 | 86.23 | 100.67 | 109.83 | 134.72 | |||||||||||
| Selling & Administrative Expenses | 40.87 | 53.52 | 67.03 | 72.84 | 61.76 | 108.62 | 86.45 | 82.22 | 104.69 | |||||||||||
| Operating & Other expenses | 48.47 | -5.28 | 41.96 | 91.75 | -1.97 | 138.93 | 28.99 | 155.06 | 133.74 | |||||||||||
EBITDA | 100.18 | 165.11 | 169.36 | 191.19 | 235.73 | 379.24 | 421.08 | 258.86 | 341.44 | 286.75 | ||||||||||
| Depreciation/Amortization | 29.68 | 32.83 | 38.09 | 43.57 | 51.98 | 59.42 | 70.31 | 83.01 | 91.17 | 100.13 | ||||||||||
| PBIT | 70.50 | 132.28 | 131.27 | 147.62 | 183.75 | 319.82 | 350.77 | 175.85 | 250.27 | 186.62 | ||||||||||
| Interest & Other Items | 33.50 | 36.37 | 36.11 | 36.30 | 33.17 | 20.67 | 13.90 | 11.01 | 6.50 | 7.15 | ||||||||||
| PBT | 37.00 | 95.91 | 95.16 | 111.32 | 150.58 | 299.15 | 336.87 | 164.84 | 243.77 | 179.47 | ||||||||||
| Taxes & Other Items | 7.46 | 21.73 | 22.40 | 29.18 | 38.06 | 77.31 | 87.47 | 43.42 | 61.27 | 47.81 | ||||||||||
| Net Income | 29.54 | 74.18 | 72.76 | 82.14 | 112.52 | 221.84 | 249.40 | 121.42 | 182.50 | 131.66 | ||||||||||
| EPS | 3.08 | 7.97 | 8.08 | 9.13 | 11.25 | 20.16 | 22.61 | 10.98 | 16.51 | 11.91 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 3.50 | 3.50 | 0.00 | 1.00 | 1.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.17 | 0.15 | 0.00 | 0.06 | 0.08 |
Company Updates
Peers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Prince Pipes and Fittings Ltd | 25.84 | 3.05 | 0.23% |
| Astral Ltd | 90.86 | 15.18 | 0.20% |
| APL Apollo Tubes Ltd | 61.51 | 12.50 | 0.34% |
| Ratnamani Metals and Tubes Ltd | 38.09 | 7.38 | 0.41% |
Price Comparison
Compare PRINCEPIPE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Prince Pipes and Fittings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.1460% | Percentage of the fund’s portfolio invested in the stock 1.21% | Change in the portfolio weight of the stock over the last 3 months -0.43% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 37/79 (-13) |
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.0564% | Percentage of the fund’s portfolio invested in the stock 0.49% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/110 (-2) |
Mirae Asset Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.9707% | Percentage of the fund’s portfolio invested in the stock 0.56% | Change in the portfolio weight of the stock over the last 3 months -0.17% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/94 (-1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 4, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Sep 4, 2024
Cash Dividend
Ex DateEx DateSep 13, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 13, 2022
Cash Dividend
Ex DateEx DateNov 12, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Nov 12, 2021
Cash Dividend
Ex DateEx DateSep 7, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Sep 7, 2021
Cash Dividend
Ex DateEx DateNov 13, 2020
Dividend/Share
₹1.50
Ex DateEx Date
Nov 13, 2020
Net profit of Prince Pipes & Fittings declined 79.17% to Rs 14.71 crore in the quarter ended September 2024 as against Rs 70.63 crore during the previous quarter ended September 2023. Sales declined 5.24% to Rs 622.07 crore in the quarter ended September 2024 as against Rs 656.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales622.07656.45 -5 OPM %7.3414.35 - PBDT47.9997.43 -51 PBT20.4374.90 -73 NP14.7170.63 -79 Powered by Capital Market - Live
Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
Prince Pipes & Fittings announced that the 37th Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live
Prince Pipes & Fittings has fixed 04 September 2024 as record date for payment of dividend. Powered by Capital Market - Live
Prince Pipes & Fittings standalone net profit rises 25.74% in the June 2024 quarter
Net profit of Prince Pipes & Fittings rose 25.74% to Rs 24.67 crore in the quarter ended June 2024 as against Rs 19.62 crore during the previous quarter ended June 2023. Sales rose 9.20% to Rs 604.47 crore in the quarter ended June 2024 as against Rs 553.55 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales604.47553.55 9 OPM %9.648.19 - PBDT59.4147.37 25 PBT33.6625.56 32 NP24.6719.62 26 Powered by Capital Market - Live
Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live
Prince Pipes - Heading In The Right Direction: Anand Rathi
Here’s why Nuvama remains upbeat on Prince Pipes; Check target price here
Prince Pipes - Aquel Acquisition To Enable Better Penetration In Bathware Segment: ICICI Securities
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.51%, vs industry avg of 13.98%
Decreasing Market Share
Over the last 5 years, market share decreased from 3.21% to 2.82%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 17.31%, vs industry avg of 21.77%