Prince Pipes

Why is Prince Pipes & Fittings Ltd falling/rising?

As of 07-Aug, the stock price of Prince Pipes & Fittings Ltd is Rs 271.05, down 1.38%. Key factors for the decline include underperformance against its sector, reduced trading volume, and negative returns over the past year despite strong profit growth.

As of 07-Aug, the stock price of Prince Pipes & Fittings Ltd is currently at Rs 271.05, reflecting a decline of Rs 3.8 or 1.38%. This decrease can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed its sector by 0.46% today, indicating weaker performance relative to its peers. Additionally, the stock reached an intraday low of Rs 269.25, which represents a drop of 2.04%. The moving averages suggest that while the stock is above the 5-day, 20-day, 100-day, and 200-day moving averages, it is still below the 50-day moving average, which may signal a bearish trend.<BR><BR>Moreover, there has been a notable decline in investor participation, with delivery volume dropping by 25.78% compared to the 5-day average. This reduction in trading activity could contribute to downward pressure on the stock price. <BR><BR>Despite some positive financial results, such as a significant growth in profit before tax and profit after tax in the latest quarter, the stock has still generated a negative return of -9.03% over the past year. This contrasts sharply with the company's profit growth of 338.4%, indicating that while the company is performing well operationally, the market sentiment remains cautious, leading to the current decline in stock price. <BR><BR>In summary, the combination of underperformance against the sector, reduced trading volume, and negative stock returns over the past year are key factors contributing to the falling price of Prince Pipes & Fittings Ltd.

Which are the latest news on Prince Pipes?

Should I buy, sell or hold Prince Pipes & Fittings Ltd?

Are Prince Pipes & Fittings Ltd latest results good or bad?

Prince Pipes & Fittings Ltd's latest results show a 600% year-on-year net profit growth to ₹33.75 crores, indicating strong profitability, but a 28.31% sequential revenue decline raises concerns about demand sustainability. Investors should watch future quarters for potential revenue recovery.

The latest results for Prince Pipes & Fittings Ltd present a mixed picture. On one hand, the company reported a significant year-on-year net profit growth of 600%, rising to ₹33.75 crores in Q1 FY27, which is a positive indicator of profitability. Additionally, the operating margins improved slightly to 12.66%, showcasing the company's ability to manage costs effectively despite revenue fluctuations.<BR><BR>However, the quarter also saw a notable sequential decline in revenue, which fell by 28.31% compared to the previous quarter, indicating potential challenges in demand sustainability. This decline is characteristic of seasonal trends in the construction sector, where the June quarter typically experiences lower activity levels.<BR><BR>Overall, while the profit growth is commendable, the sharp drop in revenue raises concerns about the company's performance in the near term. Investors should monitor future quarters to see if the profit improvements can be sustained alongside a recovery in revenue.

When is the next results date for Prince Pipes & Fittings Ltd?

The next results date for Prince Pipes & Fittings Ltd is August 4, 2026.

The next results date for Prince Pipes & Fittings Ltd is scheduled for August 4, 2026.

What does Prince Pipes do?

Prince Pipes and Fittings Ltd manufactures plastic pipes and fittings and operates in the small-cap segment of the Plastic Products - Industrial industry. As of March 2026, it reported net sales of ₹850 Cr and a net profit of ₹56 Cr, with a market cap of ₹3,108 Cr.

Overview:<BR>Prince Pipes and Fittings Ltd is engaged in the manufacturing of plastic products, specifically pipes and fittings, and operates within the small-cap segment of the Plastic Products - Industrial industry.<BR><BR>History:<BR>The company was incorporated in 1987 as "Prince Pipes and Fittings Private Limited" in Mumbai, Maharashtra. It transitioned to a deemed public limited company on July 1, 1998, and reverted to a private company on May 18, 2001. The latest reported quarterly results indicate net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 850 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 56 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 3,108 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 41.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 0.18%<BR>- Debt Equity: -0.08<BR>- Return on Equity: 4.45%<BR>- Price to Book: 1.90<BR><BR>Contact Details:<BR>- Address: Plot No 1 Honda Indl Estat, Phase II Honda Sattari Honda Goa Goa : 403530<BR>- Tel: 91-22-66022222<BR>- Email: investors@princepipes.com<BR>- Website: http://www.princepipes.com

How big is Prince Pipes?

As of 10th June, Prince Pipes & Fittings Ltd has a market capitalization of 3,108.00 Cr and reported net sales of 2,598.33 Cr and a net profit of 73.18 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Prince Pipes & Fittings Ltd has a market capitalization of 3,108.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,598.33 Cr, while the sum of Net Profit for the same period is 73.18 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at 1,576.44 Cr, and Total Assets amount to 2,319.37 Cr.

Who are in the management team of Prince Pipes?

The management team of Prince Pipes includes Executive Chairman Jayant Shamji Chheda, Executive Directors Parag and Vipul Jayant Chheda, and several Independent Non-Executive Directors, including Ramesh D Chandak and Uma Manoj Mandavgane, who oversee the company's operations and strategy.

The management team of Prince Pipes includes the following key members:<BR><BR>1. **Jayant Shamji Chheda** - Executive Chairman & Managing Director<BR>2. **Parag Jayant Chheda** - Executive Director, Joint Managing Director, and Promoter<BR>3. **Vipul Jayant Chheda** - Executive Director<BR>4. **Ramesh D Chandak** - Independent Non-Executive Director<BR>5. **Uma Manoj Mandavgane** - Independent Non-Executive Director<BR>6. **Dilip Deshpande** - Independent Non-Executive Director<BR>7. **Rajendra V Gogri** - Independent Non-Executive Director<BR>8. **Amisha Vora** - Independent Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Prince Pipes?

Prince Pipes' peers include Garware Hi Tech, Shaily Engineer, Finolex Inds., Time Technoplast, Kingfa Science, Jain Irrigation, Apollo Pipes, Jai Corp, and All Time Plastic. In terms of performance, Shaily Engineer leads in 1-year returns, while Jain Irrigation has the lowest, and Prince Pipes' return is -25.28%.

Peers: The peers of Prince Pipes are Garware Hi Tech, Shaily Engineer., Finolex Inds., Time Technoplast, Kingfa Science, Jain Irrigation, Apollo Pipes, Jai Corp, and All Time Plastic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shaily Engineer., Finolex Inds., Time Technoplast, and Kingfa Science, while Average management risk is found at Garware Hi Tech and All Time Plastic. Below Average management risk is present at Jain Irrigation and Jai Corp. In terms of Growth, Excellent growth is noted at Time Technoplast and Kingfa Science, while Good growth is seen at Shaily Engineer. and Apollo Pipes. Below Average growth is reported at Garware Hi Tech, Finolex Inds., Prince Pipes, Jain Irrigation, Jai Corp, and All Time Plastic, with the rest showing varying levels of performance. For Capital Structure, Excellent capital structure is noted at Garware Hi Tech, Finolex Inds., Prince Pipes, Kingfa Science, and Jai Corp, while Good capital structure is found at Shaily Engineer. and Apollo Pipes, and Below Average capital structure is observed at Jain Irrigation.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shaily Engineer. at 69.48%, while Jain Irrigation has the lowest at -52.97%. Prince Pipes' 1-year return of -25.28% is better than Jain Irrigation's but worse than Shaily Engineer.'s. Additionally, the peers with negative six-month returns include Finolex Inds., Time Technoplast, Jain Irrigation, Jai Corp, and All Time Plastic.

Is Prince Pipes overvalued or undervalued?

As of November 10, 2025, Prince Pipes is considered very expensive and overvalued with a PE ratio of 149.38, significantly higher than its peers, and has underperformed the Sensex with a year-to-date return of -27.07%.

As of 10 November 2025, the valuation grade for Prince Pipes has moved from expensive to very expensive. The company is currently overvalued, with a PE ratio of 149.38, an EV to EBIT of 103.69, and an EV to EBITDA of 24.17. In comparison, its peers such as Supreme Industries and Astral have significantly lower PE ratios of 57.96 and 82.76, respectively, indicating that Prince Pipes is trading at a premium relative to its industry.<BR><BR>The financial metrics further highlight the overvaluation, with a Price to Book Value of 0.22 and a ROE of only 0.15%. This suggests that investors are paying a high price for minimal returns. Additionally, the stock has underperformed against the Sensex, with a year-to-date return of -27.07% compared to the Sensex's gain of 6.91%, reinforcing the notion that the stock is overvalued in the current market environment.

How has been the historical performance of Prince Pipes?

Prince Pipes has experienced declining net sales and profitability from March 2022 to March 2025, with net sales dropping to 2,523.92 Cr and profit after tax falling to 43.14 Cr. Despite an increase in total assets, the company faces challenges in maintaining profitability amid rising costs and expenditures.

Answer:<BR>The historical performance of Prince Pipes shows a fluctuating trend in key financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Prince Pipes' net sales decreased from 2,710.87 Cr in March 2023 to 2,523.92 Cr in March 2025, reflecting a decline in total operating income as well. The raw material costs increased to 1,875.15 Cr in March 2025, up from 1,979.01 Cr in March 2023, while total expenditure also rose to 2,362.12 Cr in March 2025. Consequently, the operating profit (PBDIT) fell significantly from 421.08 Cr in March 2022 to 175.54 Cr in March 2025. Profit before tax showed a similar downward trend, dropping from 336.87 Cr in March 2022 to 58.85 Cr in March 2025, leading to a profit after tax of 43.14 Cr in March 2025, down from 249.40 Cr in March 2022. The company's total assets increased to 2,319.37 Cr in March 2025 from 1,928.75 Cr in March 2023, while total liabilities also rose to 2,319.37 Cr, indicating a growing debt level. Cash flow from operating activities improved to 118.00 Cr in March 2025, although cash flow from investing activities was negative at -234.00 Cr. Overall, the financial performance of Prince Pipes reflects challenges in profitability despite growth in asset size.

Is Prince Pipes technically bullish or bearish?

As of November 6, 2025, Prince Pipes is in a mildly bearish trend, with weekly indicators like the MACD and Bollinger Bands showing bearish momentum, despite a bullish monthly RSI and mildly bullish daily moving averages.

As of 6 November 2025, the technical trend for Prince Pipes has changed from sideways to mildly bearish. The current stance is bearish, driven primarily by the weekly MACD and Bollinger Bands both indicating bearish momentum. The KST and OBV are also showing mildly bearish signals on the weekly timeframe. Although the monthly RSI is bullish, the overall trend remains negative due to the prevailing bearish indicators across multiple timeframes. The daily moving averages are mildly bullish, but this is not enough to counter the bearish signals from the weekly data.

Who are the top shareholders of the Prince Pipes?

The top shareholders of Prince Pipes include promoter Vipul Jayant Chheda with 18.78%, mutual funds holding 14.79% (led by Mirae Asset Large & Midcap Fund at 9.65%), individual investors with 16.32%, and Foreign Institutional Investors at 6.19%. There are no pledged promoter holdings reported.

The top shareholders of Prince Pipes include a mix of promoters, mutual funds, and individual investors. The largest promoter is Vipul Jayant Chheda, who holds 18.78% of the shares. Mutual funds collectively hold 14.79% through seven different schemes, with the highest public shareholder being Mirae Asset Large & Midcap Fund at 9.65%. Additionally, individual investors own 16.32% of the company. Foreign Institutional Investors (FIIs) also have a stake, holding 6.19% through 75 different entities. There are no pledged promoter holdings reported.

Has Prince Pipes declared dividend?

Yes, Prince Pipes & Fittings Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 4, 2024. Despite the dividend, the company has experienced significant price declines over the past few years, although it showed a strong recovery in the last five years.

Prince Pipes & Fittings Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 04 Sep 24<BR><BR>Dividend Yield: 0.31%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -24.86%, the dividend return was 0%, resulting in a total return of -24.86%.<BR><BR>Over the past year, the price return was -46.63%, the dividend return was 0.15%, leading to a total return of -46.48%.<BR><BR>In the 2-year period, the price return was -48.51%, the dividend return was 0.15%, which resulted in a total return of -48.36%.<BR><BR>For the 3-year period, the price return was -46.23%, the dividend return was 0.53%, culminating in a total return of -45.7%.<BR><BR>During the 4-year period, the price return was -53.71%, the dividend return was 0.93%, resulting in a total return of -52.78%.<BR><BR>In the 5-year period, the price return was 190.27%, the dividend return was 7.05%, leading to a total return of 197.32%.<BR><BR>Overall, while Prince Pipes has declared a dividend, the total returns over various periods indicate significant declines in price returns, particularly in the short to medium term, with a notable recovery over the 5-year period.