Prince Pipes

Why is Prince Pipes & Fittings Ltd falling/rising?

As of 05-Sep, the stock price of Prince Pipes & Fittings Ltd is currently Rs 282.80, reflecting a decline of 2.33%. The stock has shown negative trends over various periods, with significant decreases in price and investor participation, despite reporting positive financial results.

As of 05-Sep, the stock price of Prince Pipes & Fittings Ltd is falling, currently at Rs 282.80, which reflects a decrease of Rs 6.75 or 2.33%. This decline is evident in the stock's performance today, where it underperformed the sector by 2.5%. The stock touched an intraday low of Rs 281.1, indicating a drop of 2.92% during the trading session.<BR><BR>In terms of broader performance, the stock has shown a negative trend over various periods. Over the past week, it has decreased by 3.61%, and over the past year, it has fallen by 14.77%. Additionally, the stock's performance over three years shows a significant decline of 61.05%, contrasting sharply with the Sensex, which has gained 16.59% in the same period.<BR><BR>Investor participation appears to be declining as well, with the delivery volume on September 3 falling by 38.3% compared to the five-day average. This reduced interest may contribute to the stock's downward movement. Although the company has reported positive financial results, such as a 71.2% growth in profit before tax and a 79.4% increase in profit after tax compared to previous quarters, these gains have not translated into a rising stock price, which has been affected by broader market trends and investor sentiment. <BR><BR>Overall, the combination of recent price declines, underperformance relative to the sector, and decreasing investor participation are key factors contributing to the falling stock price of Prince Pipes & Fittings Ltd.

Which are the latest news on Prince Pipes?

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, among others. They are responsible for the company's governance and strategic direction.

The management team of Prince Pipes includes the following key individuals:<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 plays a crucial role in the governance and strategic direction of the company.

What does Prince Pipes do?

Prince Pipes & Fittings Ltd is India's largest integrated piping solutions provider, specializing in plastic products. As of June 2026, it reported net sales of ₹609 Cr and a net profit of ₹34 Cr, with a market cap of ₹3,235 Cr.

Overview: <BR>Prince Pipes & Fittings Ltd is recognized as India's largest integrated piping solutions provider, operating in the Plastic Products - Industrial industry within the small-cap market segment.<BR><BR>History: <BR>The company was incorporated in 1987 as "Prince Pipes and Fittings Private Limited" and later converted to a public limited company, changing its name to "Prince Pipes and Fittings Limited" on August 11, 2017. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 609 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 34 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 3,235 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 32.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.17% <BR>Debt-Equity: -0.08 <BR>Return on Equity: 6.21% <BR>Price to Book: 1.98 <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

Who are the peers of the Prince Pipes?

Prince Pipes' peers include Garware Hi Tech, Shaily Engineer, Finolex Inds., and others, with varying management risks and growth rates. Garware Hi Tech leads in 1-year returns at 165.29%, while Prince Pipes has a return of -7.62%.

Peers: The peers of Prince Pipes are Garware Hi Tech, Shaily Engineer., Finolex Inds., Time Technoplast, Kingfa Science, Apollo Pipes, Jain Irrigation, Jai Corp, and All Time Plastic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Garware Hi Tech and Finolex Inds., while Good management risk is found at Shaily Engineer., Time Technoplast, and Kingfa Science. Average management risk is present at Prince Pipes, Apollo Pipes, and Premier Polyfilm, and Below Average management risk is noted at Jain Irrigation, Jai Corp, and All Time Plastic. Growth is Excellent at Kingfa Science, Good at Shaily Engineer., Time Technoplast, and Jain Irrigation, Below Average at Prince Pipes, Finolex Inds., Apollo Pipes, and the rest, and Below Average at Jai Corp, All Time Plastic, and the rest. Capital Structure is Excellent at Garware Hi Tech, Finolex Inds., Jai Corp, and Premier Polyfilm, Good at Shaily Engineer., Time Technoplast, and Apollo Pipes, and Below Average at Jain Irrigation.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 165.29%, while the lowest is Jain Irrigation at -42.90%. Prince Pipes has a 1-year return of -7.62%, which is higher than Jain Irrigation's but lower than Garware Hi Tech's. Additionally, Finolex Inds., Jain Irrigation, Jai Corp, and All Time Plastic have negative six-month returns.

How big is Prince Pipes?

As of 31st August, Prince Pipes & Fittings Ltd has a market capitalization of 3,235.00 Cr, with net sales of 2,627.33 Cr and a net profit of 102.11 Cr over the latest four quarters.

As of 31st August, <BR><BR>Market Cap: Prince Pipes & Fittings Ltd has a market capitalization of 3,235.00 Cr and is classified as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,627.33 Cr, while the sum of Net Profit for the same period is 102.11 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2026. Shareholder's Funds are valued at 1,644.51 Cr, and Total Assets amount to 2,423.85 Cr.

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.

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.