Best Pipe Stocks in India (2025)
India's pipe industry, valued at ₹254 bn in 2021, is expected to grow at an 8.8% CAGR from 2023-2028. Discover the top pipe stocks in India (based on market capitalisation) driving this growth.
Best Pipe Sector Stocks in India (2025)
Building Products - Pipes Stock Screener
Building Products - Pipes Stock Screener: Analyse & Filter Indian Stocks on Tickertape
last updated at 9:45 PM IST
1
filter applied
Stock Universe
Reset
Sector
1 sub-sectors selected
Reset
Market Cap
Close Price (Rs)
Remove
PE Ratio
Remove
1D Return (%)
Remove
1M Return (%)
Remove
6M Return (%)
Remove
1Y Return (%)
Remove
TTM PE Ratio
Remove
PB Ratio
Remove
Return on Equity (%)
Remove
ROCE (%)
Remove
Div Yield (%)
Remove
Debt to Equity (%)
Remove
Volatility vs Nifty (%)
Remove
1
filter applied
Stock Universe
Reset
Showing 1 - 20 of 37 results
last updated at 9:45 PM IST
| NameStocks (37)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓TTM PE RatioTTM PE Ratio↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ↓Dividend YieldDiv Yield↓ | ↓Debt to EquityDebt to Equity↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | APL Apollo Tubes LtdAPLAPOLLO | Building Products - PipesBuilding Products - Pipes | 47,875.7647,875.76 | 1,725.101,725.10 | 63.2463.24 | 0.720.72 | 9.799.79 | 15.1415.14 | 10.2310.23 | 63.2463.24 | 13.2813.28 | 22.1622.16 | 23.3123.31 | 0.330.33 | 0.320.32 | 2.102.10 | |
| 2. | Astral LtdASTRAL | Building Products - PipesBuilding Products - Pipes | 36,107.1936,107.19 | 1,344.101,344.10 | 66.1266.12 | 1.041.04 | 6.526.52 | -22.31-22.31 | -39.33-39.33 | 68.6368.63 | 11.0511.05 | 17.5417.54 | 22.6022.60 | 0.280.28 | 0.040.04 | 1.781.78 | |
| 3. | Ratnamani Metals and Tubes LtdRATNAMANI | Building Products - PipesBuilding Products - Pipes | 19,046.1019,046.10 | 2,717.302,717.30 | 30.5830.58 | 1.121.12 | -0.93-0.93 | -22.63-22.63 | -13.08-13.08 | 36.0036.00 | 5.925.92 | 21.1421.14 | 25.5225.52 | 0.520.52 | 0.050.05 | 1.821.82 | |
| 4. | Jindal SAW LtdJINDALSAW | Building Products - PipesBuilding Products - Pipes | 13,574.1113,574.11 | 213.07213.07 | 7.817.81 | -2.38-2.38 | -13.37-13.37 | -26.16-26.16 | -18.69-18.69 | 7.817.81 | 1.441.44 | 20.0720.07 | 24.0624.06 | 0.940.94 | 0.610.61 | 3.103.10 | |
| 5. | Finolex Industries LtdFINPIPE | Building Products - PipesBuilding Products - Pipes | 11,338.0211,338.02 | 183.37183.37 | 23.9423.94 | -0.59-0.59 | 6.226.22 | -30.36-30.36 | -32.37-32.37 | 14.1714.17 | 2.012.01 | 8.998.99 | 11.5411.54 | 1.361.36 | 0.070.07 | 2.512.51 | |
| 6. | Maharashtra Seamless LtdMAHSEAMLES | Building Products - PipesBuilding Products - Pipes | 8,979.968,979.96 | 670.15670.15 | 9.449.44 | -1.48-1.48 | 1.191.19 | 11.7011.70 | -16.18-16.18 | 11.9111.91 | 1.571.57 | 18.1118.11 | 20.0020.00 | 1.491.49 | 0.000.00 | 2.602.60 | |
| 7. | Chemplast Sanmar LtdCHEMPLASTS | Building Products - PipesBuilding Products - Pipes | 6,328.346,328.34 | 400.25400.25 | -39.94-39.94 | 0.300.30 | -8.64-8.64 | -15.70-15.70 | -14.19-14.19 | -72.47-72.47 | 3.723.72 | -8.90-8.90 | -1.27-1.27 | -- | 0.910.91 | 2.312.31 | |
| 8. | Electrosteel Castings LtdELECTCAST | Building Products - PipesBuilding Products - Pipes | 6,061.926,061.92 | 98.0698.06 | 8.548.54 | 1.671.67 | -1.42-1.42 | -30.63-30.63 | -40.89-40.89 | 8.548.54 | 1.191.19 | 15.5815.58 | 16.3816.38 | 1.431.43 | 0.460.46 | 3.403.40 | |
| 9. | Prince Pipes and Fittings LtdPRINCEPIPE | Building Products - PipesBuilding Products - Pipes | 2,970.782,970.78 | 268.70268.70 | 16.2816.28 | 2.212.21 | 4.444.44 | -39.25-39.25 | -58.12-58.12 | 40.3740.37 | 1.921.92 | 12.5512.55 | 15.5415.54 | 0.370.37 | 0.080.08 | 2.282.28 | |
| 10. | Man Industries (India) LtdMANINDS | Building Products - PipesBuilding Products - Pipes | 2,166.042,166.04 | 334.60334.60 | 14.1414.14 | 6.486.48 | 13.7813.78 | 15.1215.12 | -7.43-7.43 | 14.1414.14 | 1.541.54 | 8.298.29 | 19.4319.43 | -- | 0.230.23 | 3.563.56 | |
| 11. | Hi-Tech Pipes LtdHITECH | Building Products - PipesBuilding Products - Pipes | 1,900.281,900.28 | 93.5693.56 | 43.2643.26 | -0.46-0.46 | -4.40-4.40 | -43.61-43.61 | -25.15-25.15 | 28.5928.59 | 3.303.30 | 8.838.83 | 14.1014.10 | 0.020.02 | 0.700.70 | 2.992.99 | |
| 12. | Rama Steel Tubes LtdRAMASTEEL | Building Products - PipesBuilding Products - Pipes | 1,750.061,750.06 | 11.2611.26 | 60.1060.10 | 8.278.27 | 9.829.82 | -10.78-10.78 | -6.94-6.94 | 75.9975.99 | 5.045.04 | 9.549.54 | 15.6115.61 | -- | 0.420.42 | 3.593.59 | |
| 13. | Apollo Pipes LtdAPOLLOPIPE | Building Products - PipesBuilding Products - Pipes | 1,747.671,747.67 | 398.05398.05 | 53.5453.54 | 2.352.35 | -0.74-0.74 | -17.24-17.24 | -34.92-34.92 | 53.5353.53 | 3.043.04 | -- | 8.358.35 | 0.160.16 | 0.120.12 | 2.492.49 | |
| 14. | Shankara Building Products LtdSHANKARA | Building Products - PipesBuilding Products - Pipes | 1,714.181,714.18 | 706.90706.90 | 21.1321.13 | -2.76-2.76 | 27.7427.74 | 16.4916.49 | 9.639.63 | 23.4323.43 | 2.152.15 | 11.2611.26 | 17.0817.08 | 0.420.42 | 0.110.11 | 3.293.29 | |
| 15. | Hariom Pipe Industries LtdHARIOMPIPE | Building Products - PipesBuilding Products - Pipes | 1,151.671,151.67 | 371.90371.90 | 18.6618.66 | -1.48-1.48 | -0.66-0.66 | -33.61-33.61 | -33.35-33.35 | -- | 2.472.47 | 13.5013.50 | 21.5621.56 | 0.150.15 | 0.800.80 | 3.263.26 | |
| 16. | Prakash Pipes LtdPPL | Building Products - PipesBuilding Products - Pipes | 1,005.171,005.17 | 420.25420.25 | 11.2111.21 | 2.212.21 | 0.810.81 | -12.29-12.29 | 18.1618.16 | 10.2410.24 | 2.752.75 | 27.8527.85 | 30.0430.04 | 0.430.43 | 0.110.11 | 3.113.11 | |
| 17. | Kriti Industries (India) LimitedKRITI | Building Products - PipesBuilding Products - Pipes | 602.87602.87 | 117.97117.97 | 27.4827.48 | 1.291.29 | 10.9110.91 | -29.86-29.86 | 3.573.57 | 203.67203.67 | 3.973.97 | 15.5715.57 | 23.1323.13 | 0.160.16 | 0.850.85 | 3.903.90 | |
| 18. | Kisan Mouldings LtdKISAN | Building Products - PipesBuilding Products - Pipes | 504.61504.61 | 42.2442.24 | 148.42148.42 | -3.45-3.45 | 7.107.10 | -24.11-24.11 | -48.74-48.74 | 148.42148.42 | 2.492.49 | 83.7083.70 | 2.502.50 | -- | 0.040.04 | 3.253.25 | |
| 19. | Sicagen India LtdSICAGEN | Building Products - PipesBuilding Products - Pipes | 258.44258.44 | 65.3165.31 | 15.1015.10 | 3.473.47 | 1.971.97 | -18.31-18.31 | -1.23-1.23 | 15.1015.10 | 0.560.56 | 2.332.33 | 7.377.37 | 1.531.53 | 0.260.26 | 3.893.89 | |
| 20. | Surani Steel Tubes LtdSURANI | Building Products - PipesBuilding Products - Pipes | 210.23210.23 | 136.00136.00 | 429.04429.04 | 0.000.00 | 10.6610.66 | -26.09-26.09 | -66.05-66.05 | -- | 2.382.38 | 0.880.88 | 0.800.80 | -- | 0.480.48 | 3.603.60 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Selection criteria: Sub-sector: Building Products - Pipes | Market Cap: Sorted from Highest to Lowest
Selection criteria: Sub-sector: Building Products - Pipes | Market Cap: Sorted from Highest to Lowest
Overview of the Top Pipe Stocks in India
APL Apollo Tubes Ltd
APL Apollo Tubes Ltd is India’s leading manufacturer of structural steel tubes, offering innovative and sustainable construction solutions. Among the best pipe stocks, the company serves industries like construction, infrastructure, and real estate with high-quality products such as hollow sections, black pipes, and galvanised tubes.
Astral Ltd
Astral Ltd specialises in manufacturing plumbing and drainage systems, adhesives, and sealants, and plays a key role among plastic pipe stocks. Known for its durable CPVC, PVC, and UPVC pipes, Astral caters to residential, commercial, and industrial sectors, offering efficient water management and adhesive solutions.
Ratnamani Metals and Tubes Ltd
Ratnamani Metals and Tubes Ltd is a prominent manufacturer of stainless steel and carbon steel pipes and tubes. Among the key players in pipe tube stocks serving industries like oil and gas, power, and water, the company focuses on precision-engineered products to meet demanding applications worldwide.
Jindal SAW Ltd
Jindal SAW Ltd is a global leader in the manufacturing of iron and steel pipes for the energy, water, and transportation sectors. It is one of the pipe manufacturing stocks with a focus on seamless, welded, and ductile iron pipes, supporting critical infrastructure projects.
Finolex Industries Ltd
Finolex Industries Ltd is India’s leading manufacturer of PVC pipes and fittings, catering to agriculture, construction, and plumbing needs. As part of the metal pipe stocks and plastic pipe stocks segments, Finolex also produces PVC resin and delivers durable water pipeline solutions.
Advantages of Investing in Pipe Stocks in India
Infrastructure Growth
India’s expanding infrastructure initiatives are driving the demand for pipeline infrastructure stocks, particularly in water supply and urban development.
Urbanisation
Rapid urbanisation fuels the need for pipelines in housing and municipal services, boosting pipe industry growth and water pipeline stocks.
Industrialisation
Growing industries such as oil, gas, and chemicals require reliable piping networks, boosting the relevance of pipe tube stocks and tube stocks across industrial segments.
Government Initiatives
Programs like 'Smart Cities' and 'Housing for All' drive demand for piping solutions across the country, which may boost pipe manufacturing stocks.
Export Potential
Indian pipe manufacturers stocks offer competitive production costs, making them strong contenders in international pipe stock lists.
Technological Advancements
The adoption of advanced production methods enhances efficiency, helping high-growth pipe stocks improve competitiveness through innovation.
Receive real-time market alerts for timely decisions
Monitor your portfolio from the palm of your hands
Watchlist stocks and mutual funds to stay updated
Factors to Consider Before Investing in Pipe Stocks
Market Position and Brand Reputation
Assess the company's standing in the market and its brand strength. Check its market share, customer loyalty, and recognition in comparison to competitors while evaluating metal and plastic pipe stocks.
Financial Health
Examine financial metrics such as revenue growth, profit margins, and debt levels using Tickertape Stock Screener. This can help filter companies within the pipe sector investment universe.
Product Diversification
Firms with a wide product mix are more resilient. For instance, Supreme Industries provides varied piping solutions, contributing to its position among top tube stocks in India.
Industry Demand and Growth Prospects
Consider sectors driving demand, such as construction and infrastructure. The Indian government's focus on infrastructure development boosts prospects for pipe manufacturers, including the best-performing tube stocks.
Raw Material Sourcing and Cost Management
Evaluate how companies manage raw material procurement and control costs, as these impact profitability. Companies managing raw material costs effectively may hold a competitive edge in the steel tubes stocks and pipe manufacturing stocks space.
Technological Advancements and Innovation
Firms investing in technology and innovation may achieve better efficiency and product quality. The adoption of advanced manufacturing processes can lead to cost savings and superior products.
Popular Stock Collections
Popular Mutual Fund Collections
Frequently Asked Questions on Pipe Stocks
1. What are pipe stocks?
Pipe stocks refer to shares of companies engaged in manufacturing pipes and fittings for sectors like construction, agriculture, infrastructure, and industrial applications.2. Which are the top pipe stocks in India?
Notable pipe stocks include:- APL Apollo Tubes
- Ratnamani Metals
- Supreme Industries
- Astral Ltd
- Finolex Industries Ltd
3. What factors affect the performance of pipe stocks?
Key factors include demand in construction and infrastructure, raw material costs, government policies, and export opportunities.4. Which pipe stock is the market leader in India?
APL Apollo Tubes is considered a leader in the structural steel tube industry, while Astral and Supreme Industries dominate in plastic pipes.5. What risks are associated with pipe stocks?
Risks include fluctuating raw material prices, competition, and dependency on cyclical industries like construction.6. How to evaluate a pipe company before investing?
You can use platforms like Tickertape to evaluate pipe manufacturing stocks. Tools with advanced filters allow you to analyse financial metrics, product portfolios, and market positioning. This can help shortlist undervalued tube stocks or identify consistent performers within the pipe sector investment space.
