MarketFriction

Prakash Pipes Ltd

NSE PPL · BSE 542684 · Plastic Products - Industrial
₹243.55 -3.87%
NSE close2026-10-01
52 week range163.21 - 334.40
Market cap₹591 Cr.
P/E12.0
Price band 20%

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales171158165205200192183203181181223241
Expenses147128135172169157165187166163206223
Operating Profit243030333136181615181718
OPM %14%19%18%16%16%19%10%8%8%10%8%8%
Other Income545551121-069
Interest021222110111
Depreciation223233334444
Profit before tax273031343231151412131922
Tax %15%23%18%25%25%27%30%26%25%25%27%26%
Net Profit23232525242310109101316
EPS in Rs9.489.6710.6010.6210.169.664.304.313.914.235.646.87
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0341385476617709669780789827
Expenses0302347418539626562659722758
Operating Profit039385977831071216768
OPM %11%10%12%13%12%16%16%8%8%
Other Income0542322169916
Interest0022234733
Depreciation0568111210111515
Profit before tax038345167891101125866
Tax %25%28%30%30%20%18%26%26%
Net Profit0292536477190834349
EPS in Rs0.0028,550.0012.1214.9719.5729.8137.4834.7418.0920.65
Dividend Payout %9%10%8%6%4%5%7%19%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%11%4%6%
Compounded Profit Growth%4%-10%-27%
Stock Price CAGR%10%-2%-18%
Return on Equity%19%17%9%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.012020242424242424
Reserves089112168211255341420455
Borrowings0052510403919
Other Liabilities031414856578795106
Total Liabilities0141179241297346493578604
Fixed Assets04355771016871127136
CWIP0000459718
Investments00000042130
Other Assets097124164191273371431450
Total Assets0141179241297346493578604
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity020143051421207320
Cash from Investing Activity0-20-15-33-3616-46-26-197
Cash from Financing Activity002180026-10-32
Net Cash Flow0101516599938-209
Free Cash Flow00-2-4145410015-4
CFO/OP72%58%62%81%69%121%90%76%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days3441343539414145
Inventory Days24374634444552
Days Payable22241917342935
Cash Conversion Cycle3654346255515662
Working Capital Days4841474240161934
ROCE %70%29%32%32%29%29%27%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters44.27%44.27%44.27%44.27%44.41%44.41%44.41%44.41%44.41%44.41%44.50%44.50%
FIIs0.27%0.26%0.37%0.93%2.00%1.67%1.29%1.00%0.54%0.46%0.43%0.86%
DIIs0.02%0.02%0.02%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.03%
Public55.43%55.45%55.32%54.80%53.58%53.91%54.29%54.59%55.04%55.14%55.06%54.62%
No. of Shareholders77,49380,01481,85479,84981,13286,61087,15187,28482,99782,05084,72081,998

Fundamentals

Market Cap₹ 591 Cr.
Current Price₹ 252
Stock P/E12.0
Book Value₹ 200
ROCE12.4 %
ROE9.23 %
Dividend Yield1.35 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)-27%
Standalone figures.
Valuation
Market capRs 583 Cr
Enterprise valueRs 364 Cr
P/E (TTM)11.80x
Price to book1.31x
Price to sales0.70x
EV / EBITDA4.32x
EV / EBIT5.26x
EV / sales0.44x
Price to cash flow7.95x
Earnings yield8.48%
Dividend yield0.99%
P/E, 3-year average8.59x
P/B, 3-year average1.90x
P/E, 5-year average8.45x
P/B, 5-year average1.77x
Profitability
Operating margin (excl. other income)15.56%
Operating margin (incl. other income)16.72%
EBITDA margin10.21%
Pre-tax margin8.04%
Net profit margin5.97%
Net margin, latest quarter6.80%
ROE20.55%
ROCE26.89%
ROA15.53%
ROE, 3-year average25.38%
ROCE, 3-year average31.56%
ROA, 3-year average19.71%
ROE, 5-year average24.03%
ROCE, 5-year average31.69%
ROA, 5-year average18.71%
ROIC (approx.)22.74%
Tax rate25.92%
Other income / net worth2.04%
Growth
Sales growth (latest year)16.60%
Profit growth (latest year)-7.30%
Sales CAGR, 3 years8.16%
Sales CAGR, 5 years15.17%
Profit CAGR, 3 years21.09%
Profit CAGR, 5 years27.41%
Sales growth QoQ8.20%
Profit growth QoQ21.81%
Sales growth YoY (latest quarter)18.70%
Profit growth YoY (latest quarter)59.26%
Per share
EPS (TTM)Rs 20.64
EPS (latest year)Rs 34.74
EPS (latest quarter)Rs 6.87
EPS, 3-year averageRs 34.01
EPS, 5-year averageRs 27.31
Book value per shareRs 185.51
Sales per shareRs 345.65
Cash flow per shareRs 30.65
Free cash flow per shareRs -1.67
Dividend per share (latest year)Rs 2.40
Dividend per share, 3-year averageRs 1.80
Dividend per share, 5-year averageRs 1.56
Dividends
Dividend payout6.91%
Dividend payout, 3-year average5.25%
Dividend payout, 5-year average5.98%
Efficiency
Asset turnover1.35x
Fixed asset turnover6.12x
Inventory turnover8.68x
Inventory days42 days
Debtor days41 days
Debtors turnover8.95x
Creditor days35 days
Cash conversion cycle62 days
Working capital days34 days
Leverage
Total debtRs 39 Cr
Cash and bankRs 257 Cr
Net debtRs -218 Cr
Debt to equity0.09x
Net debt / EBITDA-2.58x
Interest coverage24.56x
Owners' fund to total sources76.78%
Debt to assets6.72%
Cash flow
Cash from Operating Activity (latest year)Rs 73 Cr
Cash from Investing Activity (latest year)Rs -26 Cr
Cash from Financing Activity (latest year)Rs -10 Cr
Net Cash Flow (latest year)Rs 38 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Cash from ops / profit, 5 years0.92x
Sales to cash flow10.64x
Statement figures
Net sales (TTM)Rs 827 Cr
Net sales (latest year)Rs 780 Cr
Sales (latest quarter)Rs 241 Cr
Operating profit excl. other income (latest year)Rs 121 Cr
Operating profit (latest quarter)Rs 18 Cr
Other income (TTM)Rs 16 Cr
EBITDA (TTM)Rs 84 Cr
PBDT (TTM)Rs 82 Cr
Profit before tax (TTM)Rs 66 Cr
Tax (latest year)Rs 29 Cr
Net profit (TTM)Rs 49 Cr
Net profit (latest year)Rs 83 Cr
Net profit (latest quarter)Rs 16 Cr
Depreciation (TTM)Rs 15 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 578 Cr
Total expenditure (latest year)Rs 659 Cr
Total income (latest year)Rs 790 Cr
Share capitalRs 24 Cr
ReservesRs 420 Cr
Shareholders' fundsRs 444 Cr
Total assetsRs 578 Cr
Net blockRs 127 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 13 Cr
ReceivablesRs 87 Cr
InventoryRs 67 Cr
Other liabilitiesRs 95 Cr
Shares outstanding (crore)2.39
Ownership
Promoter holding44.50% (+0.09 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.8 is at the 49th percentile of its own 6.4-year range (median 11.8, low 4.6, high 22.6).
P/B 1.31 is at the 3th percentile (median 2.45).
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.
PeriodPPLNifty 50Difference
1 week-8.4%-2.8% -5.6 pts
1 month-6.9%-6.8% -0.1 pts
3 months-14.7%-7.6% -7.1 pts
6 months+48.4%+0.4% +48.0 pts
1 year-20.2%-9.9% -10.3 pts
2 years-58.2%-13.6% -44.7 pts
3 years-7.8%+14.2% -22.0 pts
5 years+54.4%+27.9% +26.5 pts

Red flags

F-score 4 of 8
No red flags in the latest statements and filings.
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

Jun 2026
Sales ₹241 Cr +18.7% vs Jun 2025. Net profit ₹16 Cr +60.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-16Dividend - Rs 2.40 Per Share
2025-12-24Interim Dividend - Re 1 Per Share
2025-09-16Dividend - Rs 2.40 Per Share
2024-09-17Dividend - Rs 1.80 Per Share
2023-09-18Dividend - Rs 1.20 Per Share
2022-09-13Annual General Meeting/Dividend - Rs 1.20 Per Share
2021-09-14 Dividend - Rs 1.20 Per Share
2020-09-15 Annual General Meeting/Dividend - Rs 1.20 Per Share
2019-09-20 Dividend - Rs 1.2 Per Share
DateTypeWhat it says
2026-10-01Shareholder meetingPrakash Pipes Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-07Record DateRecord date for the purpose of Dividend is 16-Sep-2026.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-08-14Press ReleaseA press release dated August 14, 2026, titled "Press Release".
2026-08-14Capacity additionCapacity addition
2026-08-14Board meeting outcomeThe appointment of Senior Management Personnel of the Company
2026-08-14Board meeting outcomePrakash Pipes Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-15Structural Digital DatabaseSDD Compliance Certificate for the quarter ended 30.06.2026
2026-07-01Reply to Clarification- FinaThe Exchange had sought clarification from Prakash Pipes Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-06-23Disclosure under SEBI TakeovKanha Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-06-23Clarification - Financial ReThe Exchange has sought clarification from Prakash Pipes Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-06-10Disclosure of material issuePrakash Pipes Limited has informed regarding the acquisition of 26% equity share capital of BECIS Solar 3 Private Limited
2026-05-30Press ReleaseA press release dated May 30, 2026, titled "Press Release".
2026-05-30DividendBoard of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Rs. 2.40 per equity share.
2026-05-30Board meeting outcomePrakash Pipes Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-20Structural Digital DatabaseSDD Compliance Certificate for the quarter ended 31.03.2026
2026-02-19Disclosure of material issuePrakash Pipes Limited has informed the exchange regarding the acquisition of 26% equity share capital of BECIS Solar 3 Private Limited
2026-02-18Disclosure of material issuePrakash Pipes Limited has informed the exchange regarding the Repayment of Loan by Prakash Industries Limited (Promoter Group Entity/ Related Party of...
2026-02-14Press ReleaseA press release dated February 14, 2026, titled "Press Release".
2026-02-14Board meeting outcomePrakash Pipes Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-15Structural Digital DatabaseSDD Compliance Certificate for the quarter ended 31.12.2025
2025-12-18Disclosure of material issueAcquisition
2025-12-18Record DateRecord date for the purpose of Dividend is 24-Dec-2025.
2025-12-18DividendBoard of Directors at its meeting held on December 18, 2025, declared Interim Dividend of 1 per equity share.
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 Prakash Pipes Ltd?

Prakash Pipes Ltd (PPL) has a market capitalisation of Rs 591 Cr. at the 2026-10-01 close.

What is the P/E ratio of Prakash Pipes Ltd?

Prakash Pipes Ltd trades at a P/E of 12.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Prakash Pipes Ltd's latest quarterly results?

In the Jun 2026 quarter, Prakash Pipes Ltd sales was Rs 241 Cr (+18.7% vs Jun 2025) and net profit was Rs 16 Cr.

What is the 52-week high and low of Prakash Pipes Ltd?

The 52-week high is Rs 334.40 and the 52-week low is Rs 163.21.

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