MarketFriction

Primuss Pipes & Tubes Ltd

BSE 513291 · Iron & Steel Products
Market cap₹1.90 Cr.
Not trading

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
Sales1723304145373639313752
Expenses17222940443635383036414
Operating Profit-01111111111-12
OPM %-1.6%6%3.5%2.9%2.6%2.4%3.2%2.4%4.0%2.4%18%-531%
Other Income1-1-1000000000
Interest000110101011
Depreciation000000000000
Profit before tax00010000000-13
Tax %78%26%24%20%30%27%28%11%52%27%33%0%
Net Profit00000000000-13
EPS in Rs0.030.370.200.660.300.310.420.550.180.310.03-17.79
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019TTM
Sales083920302934314114014374
Expenses2153719292933304013613883
Operating Profit-2-7111011144-9
OPM %-95%3.4%6%3.0%1.7%3.6%4.5%2.7%2.6%2.9%-12%
Other Income13120111111100
Interest111111111233
Depreciation000000000111
Profit before tax114000000011-12
Tax %0%0%14%21%-4%20%31%30%44%27%31%
Net Profit114000000011-12
EPS in Rs14.804.930.340.210.380.390.380.420.321.441.38-17.27
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%37%66%-53%
Compounded Profit Growth-21%28%48%-1195%
Stock Price CAGR%0%%%
Return on Equity7%5%6%8%
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Sep 2019
Equity Capital444444444444
Reserves37777777891010
Borrowings1071011108101019232627
Other Liabilities144233328101512
Total Liabilities182124242421232338455452
Fixed Assets235554446777
CWIP011000000000
Investments000000000000
Other Assets161718191917192032384745
Total Assets182124242421232338455452
Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Cash from Operating Activity4145-0012-3-1-661
Cash from Investing Activity00-2-301110-2-30
Cash from Financing Activity-4-14-33-0-1-2209-50
Net Cash Flow-0-00-0101-00-0-11
Free Cash Flow4143-3012-3-1-961
CFO/OP415%-842%-94%10%-89%-33%452%-224%-42%-581%178%31%
Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Debtor Days1,693309385669544779833429
Inventory Days252908056322230251334646
Days Payable230140143733312221451727
Cash Conversion Cycle1,48945910475674555841716348
Working Capital Days1,8736078573847577841423324
ROCE %4%60%26%5%6%7%6%7%8%6%11%11%
Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020
Promoters13.31%13.95%13.95%13.95%13.95%13.95%13.95%13.95%13.95%13.95%13.95%13.95%
Public86.69%86.05%86.05%86.05%86.05%86.05%86.05%86.05%86.05%86.05%86.05%86.05%
No. of Shareholders5,2745,2755,2775,2775,2765,2725,2775,2935,2845,2815,2805,291

Fundamentals

Market Cap₹ 1.90 Cr.
Current Price₹ 2.68
Book Value₹ 18.8
ROCE10.7 %
ROE7.73 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-53%
Compounded Profit Growth (TTM)-1195%
Standalone figures.
Valuation
P/E, 3-year average3.46x
P/B, 3-year average0.24x
P/E, 5-year average2.35x
P/B, 5-year average0.15x
Profitability
Operating margin (excl. other income)2.94%
Operating margin (incl. other income)3.25%
EBITDA margin-11.40%
Pre-tax margin-16.20%
Net profit margin-16.49%
Net margin, latest quarter-568.92%
ROE7.73%
ROCE10.69%
ROA1.98%
ROE, 3-year average6.19%
ROCE, 3-year average9.40%
ROA, 3-year average1.73%
ROE, 5-year average4.78%
ROCE, 5-year average8.77%
ROA, 5-year average1.54%
ROIC (approx.)-16.70%
Tax rate31.47%
Other income / net worth3.41%
Growth
Sales growth (latest year)1.85%
Profit growth (latest year)-3.92%
Sales CAGR, 3 years65.93%
Sales CAGR, 5 years37.08%
Profit CAGR, 3 years48.38%
Profit CAGR, 5 years28.47%
Sales growth QoQ-51.32%
Profit growth QoQ-63250.00%
Sales growth YoY (latest quarter)-94.25%
Profit growth YoY (latest quarter)-3338.46%
Per share
EPS (TTM)Rs -17.27
EPS (latest year)Rs 1.38
EPS (latest quarter)Rs -17.79
EPS, 3-year averageRs 1.63
EPS, 5-year averageRs 1.30
Book value per shareRs 18.59
Sales per shareRs 104.75
Cash flow per shareRs 1.38
Free cash flow per shareRs 1.41
Efficiency
Asset turnover2.64x
Fixed asset turnover19.48x
Inventory turnover8.27x
Inventory days44 days
Debtor days29 days
Debtors turnover12.51x
Creditor days27 days
Cash conversion cycle48 days
Working capital days24 days
Leverage
Total debtRs 26 Cr
Cash and bankRs 2 Cr
Net debtRs 24 Cr
Debt to equity1.98x
Interest coverage-3.18x
Owners' fund to total sources24.45%
Debt to assets48.41%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Cash from ops / profit, 5 years-1.50x
Sales to cash flow145.50x
Statement figures
Net sales (TTM)Rs 74 Cr
Net sales (latest year)Rs 143 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs -12 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -8 Cr
PBDT (TTM)Rs -11 Cr
Profit before tax (TTM)Rs -12 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -12 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -13 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 131 Cr
Total expenditure (latest year)Rs 138 Cr
Total income (latest year)Rs 143 Cr
Share capitalRs 4 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 13 Cr
Total assetsRs 54 Cr
Net blockRs 7 Cr
InvestmentsRs 0 Cr
ReceivablesRs 11 Cr
InventoryRs 16 Cr
Other liabilitiesRs 15 Cr
Shares outstanding (crore)0.71
Ownership
Promoter holding13.95% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.14 is at the 26th percentile (median 0.20).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Not enough price history.

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 33% of net profit over the last 3 years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2019
Sales ₹2 Cr -94.9% vs Dec 2018. Net loss ₹13 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Primuss Pipes & Tubes Ltd?

Primuss Pipes & Tubes Ltd (513291) has a market capitalisation of Rs 1.90 Cr. at the close.

What were Primuss Pipes & Tubes Ltd's latest quarterly results?

In the Dec 2019 quarter, Primuss Pipes & Tubes Ltd sales was Rs 2 Cr (-94.9% vs Dec 2018) with a net loss of Rs 13 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03