Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Prince Pipes & Fitti

₹692.2 13.7 | 2%

Market Cap ₹7652 Cr.

Stock P/E 41.9

P/B 5

Current Price ₹692.2

Book Value ₹ 139.7

Face Value 10

52W High ₹775.8

Dividend Yield 0.14%

52W Low ₹ 505.2

Overview Inc. Year: 1987Industry: Plastic Products

Prince Pipes and Fittings Ltd manufactures and sells polymer pipes and fittings under the Prince Piping Systems and Trubore Piping Systems names in India. It offers plumbing and business solutions, which include pipes, fittings and valves, commercial piping systems, and reclaim piping systems; soil, waste, and rain water(SWR) solutions, including roof water and low noise SWR structures; and underground drainage solutions comprising underground drainage piping systems and underground double wall corrugated pipes. The organisation also provides irrigation solutions including strain and non-pressure agri pipes and fittings and borewell structures; cable ducting pipes; and storage solutions. Prince Pipes and Fittings Ltd was established in 1987 and is located in Mumbai, India.

Read More..

Prince Pipes & Fitti Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Prince Pipes & Fitti Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 664 901 604 636 706 764 554 656 619 740
Other Income 2 0 1 3 1 3 4 4 3 5
Total Income 666 901 605 639 707 768 557 660 622 745
Total Expenditure 553 761 560 648 636 616 508 562 543 648
Operating Profit 113 141 45 -9 71 152 49 98 79 98
Interest 3 4 3 3 2 3 2 1 3 1
Depreciation 18 20 20 21 21 21 22 23 23 24
Exceptional Income / Expenses 0 0 0 0 0 0 0 18 0 0
Profit Before Tax 92 117 22 -33 48 128 26 93 53 72
Provision for Tax 24 28 6 -9 13 34 6 22 15 18
Profit After Tax 67 88 16 -24 35 94 20 71 38 55
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 67 88 16 -24 35 94 20 71 38 55
Adjusted Earnings Per Share 6.1 8 1.4 -2.2 3.2 8.5 1.8 6.4 3.4 4.9

Prince Pipes & Fitti Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 853 1006 957 1009 1246 1315 1572 1636 2072 2657 2711 2569
Other Income 0 7 2 1 2 6 7 7 18 5 9 16
Total Income 853 1013 959 1010 1249 1321 1579 1643 2089 2662 2719 2584
Total Expenditure 782 903 871 906 1084 1152 1388 1407 1710 2241 2461 2261
Operating Profit 71 110 88 105 165 169 191 236 379 421 259 324
Interest 0 48 37 35 36 36 36 33 21 14 11 7
Depreciation 21 26 29 29 33 38 44 52 59 70 83 92
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 18
Profit Before Tax 50 35 22 41 96 95 111 151 299 337 165 244
Provision for Tax 12 2 5 10 22 22 29 38 77 87 43 61
Profit After Tax 38 33 17 31 74 73 82 113 222 249 121 184
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 38 33 17 31 74 73 82 113 222 249 121 184
Adjusted Earnings Per Share 4 3.4 1.8 3.2 8.2 8.1 9.1 10.2 20.2 22.6 11 16.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 18% 16% 12%
Operating Profit CAGR -38% 3% 9% 14%
PAT CAGR -51% 2% 11% 12%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 4% 0% NA% NA%
ROE Average 9% 18% 19% 23%
ROCE Average 12% 23% 22% 20%

Prince Pipes & Fitti Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 111 144 160 191 243 317 399 838 1043 1265 1364
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 114 88 71 89 106 146 106 39 0 0 0
Other Non-Current Liabilities 27 24 29 30 32 42 39 42 26 25 31
Total Current Liabilities 284 338 333 338 380 475 582 594 513 649 460
Total Liabilities 536 594 593 649 761 980 1126 1513 1583 1939 1854
Fixed Assets 216 224 224 235 269 345 363 489 503 646 681
Other Non-Current Assets 10 9 10 22 25 92 137 77 117 67 48
Total Current Assets 310 361 359 392 467 536 626 948 962 1227 1125
Total Assets 536 594 593 649 761 980 1126 1513 1583 1939 1854

Prince Pipes & Fitti Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 7 7 9 6 0 3 0 9 0 8 32
Cash Flow from Operating Activities 4 23 123 88 97 162 219 102 292 -20 360
Cash Flow from Investing Activities -78 -36 -30 -51 -68 -170 -105 -368 -70 20 -148
Cash Flow from Financing Activities 74 13 -95 -35 -26 6 -105 257 -214 22 -122
Net Cash Inflow / Outflow -0 -1 -3 3 3 -2 9 -9 8 23 90
Closing Cash & Cash Equivalent 7 6 6 9 3 0 9 0 8 32 121

Prince Pipes & Fitti Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 3.99 3.44 1.79 3.24 8.24 8.08 9.12 10.23 20.16 22.56 10.98
CEPS(Rs) 6.19 6.19 4.76 6.21 11.89 12.31 13.96 14.95 25.56 28.92 18.49
DPS(Rs) 0 0 0 0 0 0 0 1 3.5 3.5 0
Book NAV/Share(Rs) 11.52 14.95 16.7 19.94 26.94 35.09 44.13 75.93 94.6 114.44 123.37
Core EBITDA Margin(%) 8.35 9.54 8.34 9.54 12.23 12.37 11.47 13.29 16.58 15.09 8.85
EBIT Margin(%) 5.87 7.72 5.78 7.01 9.95 9.94 9.2 10.68 14.66 12.73 6.22
Pre Tax Margin(%) 5.87 3.26 2.16 3.75 7.21 7.21 6.94 8.75 13.72 12.23 5.83
PAT Margin (%) 4.49 3.05 1.66 2.87 5.58 5.51 5.12 6.54 10.17 9.05 4.29
Cash Profit Margin (%) 6.97 5.49 4.42 5.5 8.05 8.39 7.83 9.56 12.9 11.61 7.23
ROA(%) 8.26 5.84 2.89 5.01 10.52 8.36 7.8 8.53 14.33 14.16 6.4
ROE(%) 40.21 25.96 11.29 17.68 34.18 26.06 23.03 18.25 23.65 21.63 9.24
ROCE(%) 14.64 18.83 12.46 16.02 25.11 21.08 21.44 20.49 28.73 27.58 12.4
Receivable days 56.12 59.67 73.38 75.93 65.28 65.8 55.7 45.6 42.72 50.71 54.81
Inventory Days 41.42 42.46 42.67 35.87 37.7 57.46 50.34 57.85 47.85 56.05 67.37
Payable days 50.4 30.45 30.61 43 41.31 59.24 66.72 64.31 65.61 68.79 62.71
PER(x) 0 0 0 0 0 0 0 10 20.72 28.12 49.35
Price/Book(x) 0 0 0 0 0 0 0 1.35 4.42 5.54 4.39
Dividend Yield(%) 0 0 0 0 0 0 0 0.98 0.84 0.55 0
EV/Net Sales(x) 0.35 0.4 0.36 0.33 0.28 0.34 0.23 0.69 2.15 2.67 2.19
EV/Core EBITDA(x) 4.14 3.62 3.87 3.22 2.15 2.63 1.91 4.78 11.74 16.87 22.89
Net Sales Growth(%) 64.38 17.97 -4.88 5.41 23.54 5.5 19.53 4.06 26.65 28.26 2.03
EBIT Growth(%) 345.23 67.04 -28.51 27.18 74 -0.76 12.45 24.48 74.05 9.68 -49.87
PAT Growth(%) 325.71 -13.89 -47.98 81.31 138.41 -1.91 12.87 36.98 97.17 12.43 -51.32
EPS Growth(%) 325.68 -13.89 -47.98 81.31 154.3 -1.91 12.87 12.07 97.17 11.88 -51.32
Debt/Equity(x) 2.51 2.48 1.87 1.55 1.33 1.15 0.75 0.31 0.08 0.12 0.04
Current Ratio(x) 1.09 1.07 1.08 1.16 1.23 1.13 1.07 1.6 1.88 1.89 2.45
Quick Ratio(x) 0.66 0.69 0.74 0.86 0.77 0.62 0.73 1.02 1.43 0.94 1.52
Interest Cover(x) 0 1.73 1.6 2.15 3.64 3.64 4.07 5.54 15.47 25.23 15.97
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.23 0.02 0.02 0.01

Prince Pipes & Fitti Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 62.94 62.94 62.94 62.94 62.94 60.94 60.94 60.94 60.94 60.94
FII 4.84 3.96 4.15 3.98 4.41 6.24 6.12 5.01 5.74 5.15
DII 13.75 14.04 14.52 14.58 15.46 15.75 16.38 18.56 18.4 18.53
Public 18.47 19.05 18.4 18.5 17.2 17.07 16.56 15.49 14.92 15.37
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 68.79 to 62.71days.
  • Company is almost debt free.

Cons

  • Stock is trading at 5 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Prince Pipes & Fitti News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....