Prakash Pipes

Who are the top shareholders of the Prakash Pipes?

The top shareholders of Prakash Pipes include promoter Ved Prakash Agarwal with 19.02%, public shareholder Dolly Khanna at 4.08%, and individual investors holding 42.74%. There are also 28 Foreign Institutional Investors with 1.29% and five mutual fund schemes with 0.01%, with no pledged promoter holdings.

The top shareholders of Prakash Pipes include Ved Prakash Agarwal, who is the promoter with the highest holding at 19.02%. The highest public shareholder is Dolly Khanna, holding 4.08%. Additionally, individual investors collectively hold 42.74% of the shares. The company also has 28 Foreign Institutional Investors (FIIs) with a combined holding of 1.29%, and five mutual fund schemes holding a very small percentage of 0.01%. Notably, there are no pledged promoter holdings.

how big is Prakash Pipes?

As of Jun 06, Prakash Pipes Ltd. has a market capitalization of 970.73 Cr and reported net sales of 780.48 Cr and net profit of 83.10 Cr over the latest four quarters.

Market Cap: Prakash Pipes Ltd. has a market capitalization of 970.73 Cr and is classified as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 780.48 Cr, while the sum of Net Profit for the same period is 83.10 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar 24. The Shareholder's Funds are reported at 365.17 Cr, and the Total Assets amount to 488.70 Cr.

Who are the peers of the Prakash Pipes?

Prakash Pipes' peers include Supreme Industries, Astral, Finolex Industries, and Garware Hi Tech, among others. In terms of management risk and growth, Prakash Pipes is rated average, with a 1-year return of 1.88%, significantly lower than Garware Hi Tech's 156.95% but higher than Finolex Industries' -34.74%.

Peers: The peers of Prakash Pipes are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Kriti Industries, Premier Polyfilm, Kisan Mouldings, Captain Polyplas, and Dhabriya Poly.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds. and the rest. Good management risk is found at Astral, Finolex Inds., Shaily Engineer., and the rest. Average management risk is present at Garware Hi Tech, Prakash Pipes, Kriti Industries, Premier Polyfilm, Captain Polyplas, Dhabriya Poly., and the rest. Below Average management risk is noted at Kisan Mouldings. Excellent growth is seen at Astral, Shaily Engineer., and the rest, while Average growth is found at Supreme Inds., Garware Hi Tech, Prakash Pipes, and the rest. Below Average growth is noted at Finolex Inds., Kriti Industries, Premier Polyfilm, Kisan Mouldings, Captain Polyplas, and the rest. <BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 156.95%, while the lowest is Finolex Inds. at -34.74%. Prakash Pipes has a 1-year return of 1.88%, which is higher than Finolex Inds. but significantly lower than Garware Hi Tech. Additionally, several peers, including Finolex Inds., Astral, Kisan Mouldings, and Captain Polyplas, have negative six-month returns.

Is Prakash Pipes overvalued or undervalued?

As of November 18, 2024, Prakash Pipes is considered fairly valued with a PE ratio of 11.68 and an EV to EBITDA of 6.15, despite a year-to-date stock decline of -18.31% compared to the Sensex's 5.56%, supported by strong fundamentals like a ROCE of 69.61%.

As of 18 November 2024, the valuation grade for Prakash Pipes has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 11.68, an EV to EBITDA of 6.15, and a ROE of 20.25%. <BR><BR>In comparison to its peers, Prakash Pipes' PE ratio is competitive, with similar companies showing higher valuations. For instance, its EV to EBITDA ratio of 6.15 is on par with industry standards, suggesting that the company is positioned well within its sector. Despite a recent decline in stock performance relative to the Sensex, where Prakash Pipes has returned -18.31% YTD compared to the Sensex's 5.56%, its strong fundamentals, including a high ROCE of 69.61%, support a valuation that reflects its potential for growth.

Who are in the management team of Prakash Pipes?

As of March 2022, the management team of Prakash Pipes includes V P Agarwal (Chairman), Kanha Agarwal (Managing Director/CEO), Vikram Agarwal, and three independent directors: Satram Keswani, Parveen Gupta, and Satish Chander Gosain.

As of March 2022, the management team of Prakash Pipes includes the following individuals:<BR><BR>1. V P Agarwal - Chairman & Non Executive Director<BR>2. Kanha Agarwal - Executive Director / Managing Director / CEO / Promoter<BR>3. Vikram Agarwal - Non Executive Director<BR>4. Satram Keswani - Independent Non Executive Director<BR>5. Parveen Gupta - Independent Non Executive Director<BR>6. Satish Chander Gosain - Independent Non Executive Director<BR><BR>These members play various roles within the company's governance and oversight.

What does Prakash Pipes do?

Prakash Pipes Ltd. is an Indian manufacturer of PVC pipes and fittings, incorporated in 2017 as a subsidiary of Prakash Industries. As of March 2025, it reported net sales of ₹1,830 Cr and a net profit of ₹103 Cr, with a market cap of ₹929 Cr.

Overview:<BR>Prakash Pipes Ltd. is a manufacturer of PVC pipes and fittings, operating in the Plastic Products - Industrial industry and categorized as a Micro Cap company.<BR><BR>History:<BR>Prakash Pipes Ltd. was incorporated on June 29, 2017, as a subsidiary of Prakash Industries Limited in India. The company has reported its latest quarterly results for March 2025, showcasing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,830 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 103 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: INR 929 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 11.00<BR>- Industry P/E: 40<BR>- Dividend Yield: 0.46%<BR>- Debt Equity: -0.60<BR>- Return on Equity: 20.25%<BR>- Price to Book: 2.26<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

When is the next results date for Prakash Pipes?

The next results date for Prakash Pipes is 14 August 2025.

The next results date for Prakash Pipes is scheduled for 14 August 2025.

Are Prakash Pipes latest results good or bad?

Prakash Pipes' latest results are disappointing, with a 52% drop in Profit Before Tax and a 59.42% decline in Profit After Tax year-on-year, indicating significant challenges in profitability and operational efficiency. Overall, the financial performance can be characterized as bad.

Prakash Pipes has reported disappointing financial results for the quarter ending June 2025. The Profit Before Tax (PBT) decreased significantly by 52% compared to the average PBT of the previous four quarters, dropping to Rs 11.96 crore. This decline is concerning and indicates a troubling trend for the company.<BR><BR>Furthermore, the Profit After Tax (PAT) for the last six months fell by 59.42% year-on-year, highlighting a severe deterioration in financial health. The Operating Profit (PBDIT) also reached its lowest level in the last five quarters at Rs 16.29 crore, with the Operating Profit Margin decreasing to 8.01%, the lowest recorded in that timeframe.<BR><BR>While there was a slight improvement in net sales and standalone net profit on a quarter-on-quarter basis, these gains are overshadowed by the overall negative trajectory in profitability and operational efficiency. Overall, the latest results for Prakash Pipes can be characterized as bad, reflecting significant challenges for the company moving forward.

Is Prakash Pipes technically bullish or bearish?

As of November 4, 2025, Prakash Pipes exhibits a strong bearish trend, supported by bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish monthly RSI.

As of 4 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Prakash Pipes is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, reinforcing the bearish outlook. The Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. Daily moving averages confirm the bearish sentiment. Although the monthly RSI shows bullishness, it is overshadowed by the overall bearish indicators. The KST is bearish on the weekly and mildly bearish on the monthly, further supporting the bearish stance. Overall, the combination of these indicators suggests a significant bearish trend.

How has been the historical performance of Prakash Pipes?

Prakash Pipes has shown consistent growth in net sales and profitability, with net sales increasing from 385.14 Cr in Mar'20 to 780.48 Cr in Mar'25, and profit after tax rising from 24.75 Cr to 83.10 Cr in the same period, despite a slight decrease in operating profit margin. Total assets also grew significantly from 155.90 Cr to 575.58 Cr, reflecting strong operational efficiency and financial health.

Answer:<BR>The historical performance of Prakash Pipes shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Prakash Pipes has demonstrated a steady increase in net sales, rising from 385.14 Cr in Mar'20 to 780.48 Cr in Mar'25, with a notable peak of 709.21 Cr in Mar'23 before reaching 669.35 Cr in Mar'24. Total operating income followed a similar trend, reflecting the same values as net sales. The raw material costs have also increased, reaching 543.32 Cr in Mar'25 from 300.06 Cr in Mar'20, while total expenditure (excluding depreciation) rose to 662.77 Cr in Mar'25 from 346.77 Cr in Mar'20. Operating profit (PBDIT) has shown significant growth, climbing from 42.44 Cr in Mar'20 to 130.22 Cr in Mar'25, although the operating profit margin slightly decreased from 16.04% in Mar'24 to 15.08% in Mar'25. Profit before tax increased to 112.17 Cr in Mar'25 from 34.30 Cr in Mar'20, and profit after tax reached 83.10 Cr in Mar'25, up from 24.75 Cr in Mar'20. The company's total assets grew from 155.90 Cr in Mar'20 to 575.58 Cr in Mar'25, while total liabilities increased from 155.90 Cr to 575.58 Cr in the same period. Cash flow from operating activities improved to 73.00 Cr in Mar'25 from 13.00 Cr in Mar'20, indicating enhanced operational efficiency. Overall, Prakash Pipes has shown robust growth in sales, profits, and asset base over the years.

Has Prakash Pipes declared dividend?

Yes, Prakash Pipes Ltd. has declared a 10% dividend, with an ex-date of December 24, 2025. While recent total returns have been negative in shorter periods, longer-term returns show a recovery trend, with a total return of 159.85% over five years.

Prakash Pipes Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Ex-date: 24 Dec 25<BR><BR>Dividend Yield: 1.01%.<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was -24.24%, the dividend return was 0.32%, resulting in a total return of -23.92%.<BR><BR>In the 6-month period, the price return was -39.66%, the dividend return was 0.86%, leading to a total return of -38.8%.<BR><BR>For the 1-year period, the price return was -53.96%, the dividend return was 0.69%, which resulted in a total return of -53.27%.<BR><BR>During the 2-year period, the price return was -43.48%, the dividend return was 1.27%, culminating in a total return of -42.21%.<BR><BR>In the 3-year period, the price return was 49.68%, the dividend return was 3.89%, resulting in a total return of 53.57%.<BR><BR>For the 4-year period, the price return was 84.3%, the dividend return was 5.41%, leading to a total return of 89.71%.<BR><BR>Over the 5-year period, the price return was 152.4%, the dividend return was 7.45%, culminating in a total return of 159.85%.<BR><BR>Overall, Prakash Pipes Ltd. has declared a dividend, but the total returns over various periods show significant volatility, with negative returns in the shorter terms and positive returns in the longer terms, indicating a recovery trend over time.

Should I buy, sell or hold Prakash Pipes Ltd.?

Why is Prakash Pipes Ltd. falling/rising?

As of 05-May, Prakash Pipes Ltd. is facing a decline in stock price at 208.45, down 2.41%, and has underperformed the sector. The stock has decreased 13.51% year-to-date and 49.53% over the past year, despite increased investor participation.

As of 05-May, Prakash Pipes Ltd. is experiencing a decline in its stock price, currently at 208.45, which reflects a change of -5.15 (-2.41%). The stock has underperformed compared to the sector by 1.44% today. Although it opened with a gain of 2.01% and reached an intraday high of Rs 217.9, it also touched a low of Rs 207, indicating significant volatility within the trading day.<BR><BR>Over the past week, the stock has decreased by 3.25%, while the benchmark Sensex has increased by 0.17%. Year-to-date, Prakash Pipes Ltd. is down 13.51%, compared to a 9.63% decline in the Sensex. Additionally, the stock has seen a substantial drop of 49.53% over the past year, while the Sensex has only fallen by 4.68%. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 106.66% against the 5-day average, the overall performance metrics suggest that the stock is struggling. It is trading higher than its 20-day and 50-day moving averages but lower than its 5-day, 100-day, and 200-day moving averages, indicating a mixed technical outlook. The liquidity of the stock remains adequate for trading, but the current downward trend in price reflects broader challenges faced by the company in the market.

Which are the latest news on Prakash Pipes?