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Prakash Pipes Overview

Prakash Pipes Ltd manufactures and materials PVC pipes and fittings, and packaging merchandise in India. The company offers unplasticised PVC (uPVC) pipes; casing pipes; plumbing uPVC pipes; column pipes; soil waste rain pipes; and uPVC fittings, in addition to bendy packaging products, inclusive of barrier films and laminates. Its PVC products are used for irrigation, drainage, housing, and sanitation applications; and flexible packaging products are used in the packaging of FMCG, meals, liquids, oil, private care, infrastructure, and pharmace...Read More

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Prakash Pipes Key Financials

Market Cap ₹512 Cr.

Stock P/E 6.2

P/B 1.1

Current Price ₹214.3

Book Value ₹ 195.5

Face Value 10

52W High ₹479.9

Dividend Yield 1.12%

52W Low ₹ 163.4

Prakash Pipes Share Price

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Volume
Price

Prakash Pipes Quarterly Price

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Prakash Pipes Peer Comparison

Prakash Pipes Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 171 158 165 205 200 193 183 203 181 181
Other Income 5 4 5 5 5 1 1 2 1 -0
Total Income 176 163 169 210 206 193 184 205 182 181
Total Expenditure 147 128 135 172 169 157 165 187 166 163
Operating Profit 30 34 35 38 37 36 19 18 17 18
Interest 0 2 1 2 2 2 1 1 0 1
Depreciation 2 2 3 2 3 3 3 3 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 27 30 31 34 32 31 15 14 12 13
Provision for Tax 4 7 6 8 8 8 4 4 3 3
Profit After Tax 23 23 25 25 24 23 10 10 9 10
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 23 23 25 25 24 23 10 10 9 10
Adjusted Earnings Per Share 9.5 9.7 10.6 10.6 10.2 9.7 4.3 4.3 3.9 4.2

Prakash Pipes Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 341 385 476 617 709 669 780 748
Other Income 0 5 4 2 3 22 16 13 4
Total Income 0 346 389 478 620 731 685 793 752
Total Expenditure 0 302 347 418 539 626 562 663 681
Operating Profit 0 43 42 61 81 105 123 130 72
Interest 0 0 2 2 2 3 4 7 3
Depreciation 0 5 6 8 11 12 10 11 14
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 38 34 51 67 89 110 112 54
Provision for Tax 0 10 10 15 20 18 20 29 14
Profit After Tax 0 29 25 36 47 71 90 83 39
Adjustments 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 29 25 36 47 71 90 83 39
Adjusted Earnings Per Share 0 0 12.1 15 19.6 29.8 37.5 34.7 16.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 8% 15% 0%
Operating Profit CAGR 6% 17% 25% 0%
PAT CAGR -8% 21% 27% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -49% 11% 9% NA%
ROE Average 21% 25% 24% 26%
ROCE Average 27% 32% 32% 32%

Prakash Pipes Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 109 132 192 235 279 365 444
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 0 0 8 7
Other Non-Current Liabilities 0 -19 -21 -16 -9 -1 1 4
Total Current Liabilities 0 29 44 46 57 63 115 121
Total Liabilities 0 119 156 222 284 340 489 576
Fixed Assets 0 43 55 77 101 68 71 127
Other Non-Current Assets 0 2 3 6 8 12 16 16
Total Current Assets 0 74 99 140 175 261 402 432
Total Assets 0 119 156 222 284 340 489 576

Prakash Pipes Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1 16 32 91 190
Cash Flow from Operating Activities 0 20 14 30 51 42 120 73
Cash Flow from Investing Activities 0 -20 -15 -33 -36 16 -46 -26
Cash Flow from Financing Activities 0 0 2 18 0 1 26 -10
Net Cash Inflow / Outflow 0 0 0 15 16 59 99 38
Closing Cash & Cash Equivalent 0 1 1 16 32 91 190 228

Prakash Pipes Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 12.12 14.97 19.57 29.8 37.47 34.74
CEPS(Rs) 0 0 15.3 18.47 24.13 34.9 41.55 39.36
DPS(Rs) 0 1.2 1.2 1.2 1.2 1.2 1.8 2.4
Book NAV/Share(Rs) 0 0 64.81 80.08 98.37 116.48 152.66 185.5
Core EBITDA Margin(%) 0 11.32 9.97 12.29 12.56 11.74 16.06 15.11
EBIT Margin(%) 0 11.29 9.34 10.99 11.29 13.07 16.95 15.3
Pre Tax Margin(%) 0 11.22 8.91 10.67 10.88 12.62 16.37 14.37
PAT Margin (%) 0 8.37 6.43 7.52 7.59 10.05 13.39 10.65
Cash Profit Margin (%) 0 9.76 8.11 9.28 9.36 11.77 14.85 12.06
ROA(%) 0 47.8 17.98 18.92 18.47 22.83 21.63 15.62
ROE(%) 0 64.33 22.39 22.11 21.93 27.74 27.85 20.55
ROCE(%) 0 70.39 29.15 31.66 32.12 35.07 32.72 26.89
Receivable days 0 33.86 35.45 33.48 30.46 34.48 40.98 37.93
Inventory Days 0 18.61 22.24 32.45 33.81 27.87 28.46 28.49
Payable days 0 22.4 21.8 21.29 18.27 16.87 26.8 29.06
PER(x) 0 0 1.93 8.55 7.95 4.65 9.4 11.72
Price/Book(x) 0 0 0.36 1.6 1.58 1.19 2.31 2.2
Dividend Yield(%) 0 0 5.13 0.94 0.77 0.87 0.51 0.59
EV/Net Sales(x) 0 -0 0.11 0.58 0.54 0.31 1 0.97
EV/Core EBITDA(x) 0 -0.01 0.97 4.53 4.11 2.1 5.41 5.79
Net Sales Growth(%) 0 0 12.96 23.63 29.53 14.99 -5.62 16.6
EBIT Growth(%) 0 0 -6.5 45.41 33.07 33.15 22.41 5.23
PAT Growth(%) 0 0 -13.31 44.65 30.73 52.33 25.74 -7.3
EPS Growth(%) 0 0 0 23.48 30.73 52.33 25.74 -7.3
Debt/Equity(x) 0 0 0.04 0.01 0.02 0.03 0.11 0.09
Current Ratio(x) 0 2.56 2.25 3.01 3.06 4.15 3.51 3.57
Quick Ratio(x) 0 1.96 1.58 1.82 2.02 3.36 3.03 3.02
Interest Cover(x) 0 183.24 21.42 34.2 27.96 28.79 29.32 16.51
Total Debt/Mcap(x) 0 0 0.11 0 0.01 0.03 0.05 0.04

Prakash Pipes Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 44.27 44.27 44.27 44.41 44.41 44.41 44.41 44.41 44.41 44.5
FII 0.26 0.37 0.93 2 1.67 1.29 1 0.54 0.45 0.43
DII 0.03 0.03 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Public 55.44 55.34 54.8 53.59 53.92 54.3 54.58 55.05 55.13 55.06
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Prakash Pipes News

Prakash Pipes Pros & Cons

Pros

  • Company has delivered good profit growth of 27% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25%
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 44.5%.
  • Debtor days have increased from 26.8 to 29.06days.
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