MarketFriction

Prince Pipes & Fittings Ltd

NSE PRINCEPIPE · BSE 542907 · Plastic Products - Industrial
₹246.90 -3.46%
NSE close2026-10-01
52 week range205.00 - 352.20
Market cap₹2,830 Cr.
P/E27.2
IPO 2019 · +39% since Price band 20% Delivery 56.2%

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
Sales656619740604622578720580595573850609
Expenses562543648546576573665541540545740532
Operating Profit947692584655540552811077
OPM %14%12%12%10%7%0.8%8%7%9%4.9%13%13%
Other Income2235342632-054
Interest131125354-443
Depreciation232324262826273132343435
Profit before tax9353723420-2530620-27643
Tax %24%29%24%27%28%-19%19%24%26%18%26%21%
Net Profit7138552515-2024515-25634
EPS in Rs6.393.404.942.231.33-1.852.190.441.32-0.225.083.05
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0071,2461,3151,5721,6362,0722,6572,7112,5692,5242,5982,627
Expenses9081,0831,1511,3881,4061,7082,2412,4612,2612,3602,3672,358
Operating Profit100163164184230364416250307163232270
OPM %10%13%12%12%14%18%16%9%12%6%9%10%
Other Income02576155934131110
Interest3436363633211411611108
Depreciation303338445259708391107131135
Profit before tax37969511115129933716524459102136
Tax %20%23%24%26%25%26%26%26%25%27%26%
Net Profit307473821132222491211824375102
EPS in Rs6.1516.488.089.1210.2320.1622.5610.9816.513.906.809.23
Dividend Payout %0%0%0%0%10%17%16%0%6%13%15%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%5%-1%5%
Compounded Profit Growth10%-20%-15%347%
Stock Price CAGR%-18%-28%-21%
Return on Equity13%9%6%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4848459090110110111111111111111
Reserves1061361982273097289331,1551,2531,4341,4661,534
Borrowings3002993233722972648815263130277145
Other Liabilities142170195291338308451522502449466634
Total Liabilities5966537609801,0341,4101,5831,9391,9292,1232,3192,424
Fixed Assets2242382693453634895036466817989611,066
CWIP4141815628772324352026
Investments021111112923827148
Other Assets3674004736206089131,0021,2591,1331,2521,3121,183
Total Assets5966537609801,0341,4101,5831,9391,9292,1232,3192,424
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1238694162219102292-2036033119526
Cash from Investing Activity-30-51-67-170-105-368-7020-142-126-235-325
Cash from Financing Activity-93-35-246-105257-21422-12848120-153
Net Cash Flow-003-29-982390-45448
Free Cash Flow923626-8114-16171-188266-158-136313
CFO/OP154%94%71%109%135%61%98%18%160%35%90%229%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days818769665840586056836151
Inventory Days574972966511260119748811895
Days Payable384842787059837756505176
Cash Conversion Cycle998799845493351027412112971
Working Capital Days9162216522397060888251
ROCE %15%25%21%21%21%29%28%12%15%4%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.94%60.94%60.94%60.94%60.94%60.94%60.94%60.94%60.94%60.94%60.95%60.95%
FIIs5.01%5.74%5.15%6.44%7.27%6.07%6.19%3.75%3.72%3.54%3.55%3.06%
DIIs18.56%18.41%18.53%18.37%17.52%16.44%14.97%15.73%15.95%15.61%15.54%15.33%
Public15.49%14.91%15.37%14.24%14.25%16.55%17.88%19.57%19.39%19.90%19.98%20.66%
No. of Shareholders2,05,8962,00,0952,05,4601,83,9791,87,9811,97,5761,99,6822,00,2491,97,7421,93,4221,87,4931,85,165

Fundamentals

Market Cap₹ 2,830 Cr.
Current Price₹ 256
Stock P/E27.2
Book Value₹ 149
ROCE6.03 %
ROE4.60 %
Dividend Yield0.39 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)347%
Standalone figures.
Valuation
Market capRs 2,730 Cr
Enterprise valueRs 2,746 Cr
P/E (TTM)26.73x
Price to book1.66x
Price to sales1.04x
EV / EBITDA9.82x
EV / EBIT19.03x
EV / sales1.05x
Price to cash flow5.19x
Earnings yield3.74%
Dividend yield0.41%
P/E, 3-year average42.14x
P/B, 3-year average2.35x
P/E, 5-year average40.78x
P/B, 5-year average3.40x
Profitability
Operating margin (excl. other income)8.92%
Operating margin (incl. other income)9.33%
EBITDA margin10.64%
Pre-tax margin5.19%
Net profit margin3.89%
Net margin, latest quarter5.54%
ROE4.67%
ROCE6.12%
ROA3.17%
ROE, 3-year average6.66%
ROCE, 3-year average8.73%
ROA, 3-year average4.71%
ROE, 5-year average10.17%
ROCE, 5-year average13.22%
ROA, 5-year average6.91%
ROIC (approx.)6.42%
Tax rate26.09%
Other income / net worth0.66%
Growth
Sales growth (latest year)2.95%
Profit growth (latest year)74.39%
Sales CAGR, 3 years-1.40%
Sales CAGR, 5 years4.64%
Profit CAGR, 3 years-14.75%
Profit CAGR, 5 years-19.45%
Sales growth QoQ-28.31%
Profit growth QoQ-39.85%
Sales growth YoY (latest quarter)5.00%
Profit growth YoY (latest quarter)600.21%
Per share
EPS (TTM)Rs 9.24
EPS (latest year)Rs 6.80
EPS (latest quarter)Rs 3.05
EPS, 3-year averageRs 9.07
EPS, 5-year averageRs 12.15
Book value per shareRs 148.74
Sales per shareRs 237.64
Cash flow per shareRs 47.62
Free cash flow per shareRs 28.31
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 0.83
Dividend per share, 5-year averageRs 1.50
Dividends
Dividend payout14.70%
Dividend payout, 3-year average11.19%
Dividend payout, 5-year average12.27%
Efficiency
Asset turnover1.07x
Fixed asset turnover2.44x
Inventory turnover4.16x
Inventory days88 days
Debtor days51 days
Debtors turnover7.15x
Creditor days76 days
Cash conversion cycle71 days
Working capital days51 days
Leverage
Total debtRs 145 Cr
Cash and bankRs 129 Cr
Net debtRs 16 Cr
Debt to equity0.09x
Net debt / EBITDA0.06x
Interest coverage18.03x
Current ratio (filing 2026-03-31)1.96x
Quick ratio (filing 2026-03-31)1.22x
Trade payables (filing 2026-03-31)Rs 392 Cr
Owners' fund to total sources67.85%
Debt to assets6.00%
Cash flow
Cash from Operating Activity (latest year)Rs 526 Cr
Cash from Investing Activity (latest year)Rs -325 Cr
Cash from Financing Activity (latest year)Rs -153 Cr
Net Cash Flow (latest year)Rs 48 Cr
Free cash flow (latest year)Rs 313 Cr
FCFE (approx.: FCF + change in debt)Rs 182 Cr
Cash from ops / profit, 5 years1.52x
Sales to cash flow4.94x
Statement figures
Net sales (TTM)Rs 2,627 Cr
Net sales (latest year)Rs 2,598 Cr
Sales (latest quarter)Rs 609 Cr
Operating profit excl. other income (latest year)Rs 232 Cr
Operating profit (latest quarter)Rs 77 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 280 Cr
PBDT (TTM)Rs 272 Cr
Profit before tax (TTM)Rs 136 Cr
Tax (latest year)Rs 27 Cr
Net profit (TTM)Rs 102 Cr
Net profit (latest year)Rs 75 Cr
Net profit (latest quarter)Rs 34 Cr
Depreciation (TTM)Rs 135 Cr
Depreciation (latest quarter)Rs 35 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 2,059 Cr
Total expenditure (latest year)Rs 2,367 Cr
Total income (latest year)Rs 2,609 Cr
Share capitalRs 111 Cr
ReservesRs 1,534 Cr
Shareholders' fundsRs 1,645 Cr
Total assetsRs 2,424 Cr
Net blockRs 1,066 Cr
Capital work in progressRs 26 Cr
InvestmentsRs 148 Cr
ReceivablesRs 363 Cr
InventoryRs 495 Cr
Other liabilitiesRs 634 Cr
Shares outstanding (crore)11.06
Ownership
Promoter holding60.95% (+0.01 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 26.7 is at the 29th percentile of its own 6.9-year range (median 34.5, low 10.5, high 152.0).
P/B 1.66 is at the 4th percentile (median 4.62).
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.
PeriodPRINCEPIPENifty 50Difference
1 week-5.0%-2.8% -2.2 pts
1 month-15.4%-6.8% -8.6 pts
3 months-11.4%-7.6% -3.8 pts
6 months+19.8%+0.4% +19.4 pts
1 year-25.3%-9.9% -15.3 pts
2 years-57.4%-13.6% -43.9 pts
3 years-64.7%+14.2% -78.8 pts
5 years-64.3%+27.9% -92.2 pts
11 mutual fund schemes hold about ₹488 Cr. Over three months 9 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
DSP Small Cap Fund0.63%136 +5%
Mirae Asset Large & Midcap Fund0.29%132 +11%
Mirae Asset Midcap Fund0.31%64 +8%
Mirae Asset ELSS Tax Saver Fund0.24%63 +14%
Mirae Asset Aggressive Hybrid Fund0.36%34 +13%
DSP Multi Cap Fund1.09%33 +12%
Mirae Asset Great Consumer Fund0.44%21 +11%
Mirae Asset Equity Savings Fund0.19%4 +12%
Mirae Asset Balanced Advantage Fund0.09%2 +13%
ICICI Pru Housing Opp Fund0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.01%0 +13%

Red flags

F-score 7 of 8
lookAuditor change Auditor change 2026-09-18: Prince Pipes And Fittings Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2026-04-01: Prince Pipes And Fittings Limited has informed the Exchange about Action(s) taken or orders passed
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 ₹609 Cr +5.0% vs Jun 2025. Net profit ₹34 Cr +580.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-09Dividend - Re 1 Per Share
2025-09-04Dividend - Re 0.50 Per Share
2024-09-04Annual General Meeting/Dividend - Re 1 Per Share
2023-09-14Annual General Meeting
2022-09-13Annual General Meeting/Dividend - Rs 2 Per Share
2021-11-12 Interim Dividend - Rs 1.50 Per Share
2021-09-07 Annual General Meeting/Dividend - Rs 2 Per Share
2020-11-13 Interim Dividend - Rs 1.50 Per Share
2020-09-15 Annual General Meeting
2020-03-23 Interim Dividend- Re 1 Per Share
DateTypeWhat it says
2026-09-30Regulatory actionAction(s) initiated or orders passed
2026-09-30Regulatory actionAction(s) initiated or orders passed
2026-09-23Concall / analyst meetSchedule of meet
2026-09-23Concall / analyst meetSchedule of meet
2026-09-18Change in AuditorsChange in Auditors of the company.
2026-09-18AppointmentAppointment of Mr Vipul Jayant Chheda as Executive Director of the company w.e.f. August 21, 2026.
2026-09-18AppointmentAppointment of Mr Parag Jayant Chheda as Executive Director of the company w.e.f. August 21, 2026.
2026-09-18AppointmentAppointment of Mr Jayant Shamji Chheda as Chairman & Managing Director of the company w.e.f. August 21, 2026.
2026-09-18Shareholder meetingVoting results.
2026-09-17Concall / analyst meetSchedule of meet
2026-09-16Shareholder meetingProceedings of Annual General Meeting held on September 16, 2026
2026-09-04UpdatesCommunication in respect of TDS on Final Dividend for FY 2025-26.
2026-09-02Record DateRecord date for the purpose of Dividend is 09-Sep-2026.
2026-08-24UpdatesBusiness Responsibility and Sustainability Report for the financial year 2025-26.
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 16, 2026
2026-08-20ResignationResignation of Director/KMP/SMP
2026-08-20Change in ManagementChange in Management
2026-08-11Concall / analyst meetTranscript
2026-08-08Credit RatingCredit Rating
2026-08-05Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetLink of Recording
2026-08-04Investor PresentationInvestor Presentation
2026-08-04Press ReleaseA press release dated August 04, 2026, titled "Prince Pipes and Fittings Limited reports Q1 FY27 performance".
2026-08-04Board meeting outcomePrince Pipes And Fittings Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-29Concall / analyst meetSchedule of meet
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 Prince Pipes & Fittings Ltd?

Prince Pipes & Fittings Ltd (PRINCEPIPE) has a market capitalisation of Rs 2,830 Cr. at the 2026-10-01 close.

What is the P/E ratio of Prince Pipes & Fittings Ltd?

Prince Pipes & Fittings Ltd trades at a P/E of 27.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Prince Pipes & Fittings Ltd's latest quarterly results?

In the Jun 2026 quarter, Prince Pipes & Fittings Ltd sales was Rs 609 Cr (+5.0% vs Jun 2025) and net profit was Rs 34 Cr.

What is the 52-week high and low of Prince Pipes & Fittings Ltd?

The 52-week high is Rs 352.20 and the 52-week low is Rs 205.00.

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