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Prince Pipes and Fittings Ltd

PRINCEPIPE

Prince Pipes and Fittings Ltd

PRINCEPIPE
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹5,136 cr, stock is ranked 770
Moderate RiskStock is 2.11x as volatile as Nifty
464.552.52% (-12.00)
464.552.52% (-12.00)

Price Chart

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IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹5,136 cr, stock is ranked 770
Moderate RiskStock is 2.11x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹5,136 cr, stock is ranked 770
Moderate RiskStock is 2.11x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
39.013.330.22%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.987.010.55%

Forecast & Ratings

Detailed Forecast 
86%
Analysts have suggested that investors can buy this stock

from 14 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

The company manufactures polymer pipes and fittings for plumbing, irrigation and sewage disposal. . The Company distributes its products under two brands: Prince Piping Systems and Trubore Piping.

Investor Presentation

View older 

Nov 7, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 10.51%, vs industry avg of 13.98%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 3.21% to 2.82%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 17.31%, vs industry avg of 21.77%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,007.931,248.981,321.071,579.001,642.602,089.122,662.302,719.422,602.772,600.13
Raw Materialssubtract737.45944.02939.991,106.941,215.711,333.961,979.812,057.601,827.642,313.38
Power & Fuel Costsubtract30.1033.9434.3038.7245.1342.1445.3055.8560.54
Employee Costsubtract50.8657.6768.4377.5686.2486.23100.67109.83134.72
Selling & Administrative Expensessubtract40.8753.5267.0372.8461.76108.6286.4582.22104.69
Operating & Other expensessubtract48.47-5.2841.9691.75-1.97138.9328.99155.06133.74
Depreciation/Amortizationsubtract29.6832.8338.0943.5751.9859.4270.3183.0191.17100.13
Interest & Other Itemssubtract33.5036.3736.1136.3033.1720.6713.9011.016.507.15
Taxes & Other Itemssubtract7.4621.7322.4029.1838.0677.3187.4743.4261.2747.81
EPS3.087.978.089.1311.2520.1622.6110.9816.5111.91
DPS0.000.000.000.001.003.503.500.001.001.00
Payout ratio0.000.000.000.000.090.170.150.000.060.08

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 12PDF
FY 2022

Annual report

PDF

Investor Presentation

May 21PDF
May 19PDF
Aug 5PDF
FY 2023

Annual report

PDF

Investor Presentation

May 25PDF
Feb 7PDF
Nov 9PDF
Aug 9PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Prince Pipes and Fittings Ltd28.143.330.22%
Astral Ltd87.9914.700.21%
APL Apollo Tubes Ltd57.6211.710.36%
Ratnamani Metals and Tubes Ltd40.727.890.39%

Price Comparison

Compare PRINCEPIPE with any stock or ETF
Compare PRINCEPIPE with any stock or ETF
PRINCEPIPE
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding60.94%16.48%1.05%7.27%14.26%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep6.12%5.01%5.74%5.15%6.44%7.27%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Prince Pipes and Fittings Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
DSP Small Cap Fund - Growth - Direct Plan

Growth
4.8660%1.55%-0.49%25/84 (-10)
Mirae Asset Large & Midcap Fund - Growth - Direct Plan

Growth
4.7142%0.62%-0.18%37/104 (-5)
Mirae Asset Midcap Fund - Growth - Direct Plan

Growth
2.2902%0.68%-0.20%34/91 (-3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Prince Pipes and Fittings Ltd

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 4, 2024

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Sep 4, 2024

Cash Dividend

Ex DateEx DateSep 13, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Sep 13, 2022

Cash Dividend

Ex DateEx DateNov 12, 2021

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Nov 12, 2021

Cash Dividend

Ex DateEx DateSep 7, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Sep 7, 2021

Cash Dividend

Ex DateEx DateNov 13, 2020

Interim 1
Interim 1 | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Nov 13, 2020

News & Opinions
Earnings
Prince Pipes & Fittings standalone net profit declines 79.17% in the September 2024 quarter

Net profit of Prince Pipes & Fittings declined 79.17% to Rs 14.71 crore in the quarter ended September 2024 as against Rs 70.63 crore during the previous quarter ended September 2023. Sales declined 5.24% to Rs 622.07 crore in the quarter ended September 2024 as against Rs 656.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales622.07656.45 -5 OPM %7.3414.35 - PBDT47.9997.43 -51 PBT20.4374.90 -73 NP14.7170.63 -79 Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
Prince Pipes & Fittings to hold board meeting

Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Prince Pipes & Fittings to hold AGM

Prince Pipes & Fittings announced that the 37th Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Prince Pipes & Fittings fixes record date for dividend

Prince Pipes & Fittings has fixed 04 September 2024 as record date for payment of dividend. Powered by Capital Market - Live

3 months agoCapital Market - Live

Prince Pipes & Fittings standalone net profit rises 25.74% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Prince Pipes & Fittings standalone net profit rises 25.74% in the June 2024 quarter

Net profit of Prince Pipes & Fittings rose 25.74% to Rs 24.67 crore in the quarter ended June 2024 as against Rs 19.62 crore during the previous quarter ended June 2023. Sales rose 9.20% to Rs 604.47 crore in the quarter ended June 2024 as against Rs 553.55 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales604.47553.55 9 OPM %9.648.19 - PBDT59.4147.37 25 PBT33.6625.56 32 NP24.6719.62 26 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Prince Pipes & Fittings to discuss results

Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Prince Pipes - Heading In The Right Direction: Anand Rathi

4 months agoBloomberg Quint

Here’s why Nuvama remains upbeat on Prince Pipes; Check target price here

4 months agoBusiness Standard

Prince Pipes - Aquel Acquisition To Enable Better Penetration In Bathware Segment: ICICI Securities

7 months agoBloomberg Quint