Captain Pipes Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 16, 2026, 4:46 am

Market Cap	138 Cr.
Current Price	8.97
Intrinsic Value	₹12.60
High / Low	17.4/8.50
Stock P/E	46.7
Book Value	2.69
Dividend Yield	0.00 %
ROCE	17.0 %
ROE	13.5 %
Face Value	1.00
PEG Ratio	-3.49

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Captain Pipes Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Captain Pipes Ltd	138 Cr.	8.97	17.4/8.50	46.7	2.69	0.00 %	17.0 %	13.5 %	1.00
Texmo Pipes & Products Ltd	125 Cr.	43.0	69.8/40.0	6.77	76.6	0.00 %	8.92 %	9.38 %	10.0
Captain Polyplast Ltd	392 Cr.	65.1	96.0/58.4	17.3	28.0	0.00 %	16.1 %	15.0 %	2.00
Prakash Pipes Ltd	460 Cr.	192	480/181	11.5	191	1.25 %	26.8 %	20.5 %	10.0
Apollo Pipes Ltd	1,801 Cr.	408	495/252	97.7	191	0.17 %	6.78 %	4.30 %	10.0
Industry Average	6,985.43 Cr	215.50		54.79	87.37	0.24%	10.40%	10.62%	8.00

All Competitor Stocks of Captain Pipes Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	21.32	21.23	19.12	16.72	20.25	20.26	20.77	12.61	20.66	22.71	20.94	17.28	20.12
Expenses	20.00	19.48	17.32	15.03	18.12	18.20	18.17	10.84	18.66	21.04	19.01	15.16	18.23
Operating Profit	1.32	1.75	1.80	1.69	2.13	2.06	2.60	1.77	2.00	1.67	1.93	2.12	1.89
OPM %	6.19%	8.24%	9.41%	10.11%	10.52%	10.17%	12.52%	14.04%	9.68%	7.35%	9.22%	12.27%	9.39%
Other Income	0.09	0.06	0.04	0.03	0.00	0.05	0.06	0.06	0.06	0.07	0.03	0.03	0.08
Interest	0.21	0.24	0.24	0.25	0.34	0.41	0.33	0.44	0.37	0.31	0.42	0.67	0.77
Depreciation	0.23	0.25	0.25	0.26	0.26	0.27	0.23	0.23	0.23	0.23	0.38	0.53	0.58
Profit before tax	0.97	1.32	1.35	1.21	1.53	1.43	2.10	1.16	1.46	1.20	1.16	0.95	0.62
Tax %	-12.37%	27.27%	24.44%	13.22%	32.68%	36.36%	25.24%	26.72%	25.34%	26.67%	25.00%	25.26%	22.58%
Net Profit	1.09	0.96	1.02	1.04	1.02	0.91	1.58	0.85	1.09	0.89	0.87	0.71	0.48
EPS in Rs	0.08	0.07	0.07	0.07	0.07	0.06	0.11	0.06	0.07	0.06	0.06	0.05	0.03

Last Updated: March 3, 2026, 11:34 am

Below is a detailed analysis of the quarterly data for Captain Pipes Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 20.12 Cr.. The value appears strong and on an upward trend. It has increased from 17.28 Cr. (Sep 2025) to 20.12 Cr., marking an increase of 2.84 Cr..
For Expenses, as of Dec 2025, the value is 18.23 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15.16 Cr. (Sep 2025) to 18.23 Cr., marking an increase of 3.07 Cr..
For Operating Profit, as of Dec 2025, the value is 1.89 Cr.. The value appears to be declining and may need further review. It has decreased from 2.12 Cr. (Sep 2025) to 1.89 Cr., marking a decrease of 0.23 Cr..
For OPM %, as of Dec 2025, the value is 9.39%. The value appears to be declining and may need further review. It has decreased from 12.27% (Sep 2025) to 9.39%, marking a decrease of 2.88%.
For Other Income, as of Dec 2025, the value is 0.08 Cr.. The value appears strong and on an upward trend. It has increased from 0.03 Cr. (Sep 2025) to 0.08 Cr., marking an increase of 0.05 Cr..
For Interest, as of Dec 2025, the value is 0.77 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.67 Cr. (Sep 2025) to 0.77 Cr., marking an increase of 0.10 Cr..
For Depreciation, as of Dec 2025, the value is 0.58 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.53 Cr. (Sep 2025) to 0.58 Cr., marking an increase of 0.05 Cr..
For Profit before tax, as of Dec 2025, the value is 0.62 Cr.. The value appears to be declining and may need further review. It has decreased from 0.95 Cr. (Sep 2025) to 0.62 Cr., marking a decrease of 0.33 Cr..
For Tax %, as of Dec 2025, the value is 22.58%. The value appears to be improving (decreasing) as expected. It has decreased from 25.26% (Sep 2025) to 22.58%, marking a decrease of 2.68%.
For Net Profit, as of Dec 2025, the value is 0.48 Cr.. The value appears to be declining and may need further review. It has decreased from 0.71 Cr. (Sep 2025) to 0.48 Cr., marking a decrease of 0.23 Cr..
For EPS in Rs, as of Dec 2025, the value is 0.03. The value appears to be declining and may need further review. It has decreased from 0.05 (Sep 2025) to 0.03, marking a decrease of 0.02.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:10 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	40.10	34.65	53.74	53.48	43.61	54.57	45.48	40.24	82.57	84.66	75.80	75.71	81.05
Expenses	38.05	31.29	49.86	50.23	43.03	51.88	42.93	37.82	79.81	80.68	68.12	67.67	73.44
Operating Profit	2.05	3.36	3.88	3.25	0.58	2.69	2.55	2.42	2.76	3.98	7.68	8.04	7.61
OPM %	5.11%	9.70%	7.22%	6.08%	1.33%	4.93%	5.61%	6.01%	3.34%	4.70%	10.13%	10.62%	9.39%
Other Income	0.23	0.90	0.11	0.10	0.16	0.21	0.26	0.29	5.31	0.34	0.12	0.26	0.21
Interest	1.43	2.01	2.79	2.02	2.02	1.63	1.47	1.39	1.14	0.87	1.25	1.46	2.17
Depreciation	0.71	0.60	0.71	0.86	0.86	0.88	0.89	0.88	0.91	0.98	1.05	0.91	1.72
Profit before tax	0.14	1.65	0.49	0.47	-2.14	0.39	0.45	0.44	6.02	2.47	5.50	5.93	3.93
Tax %	-35.71%	30.91%	-6.12%	29.79%	-29.91%	28.21%	15.56%	38.64%	14.62%	27.53%	27.64%	25.80%
Net Profit	0.19	1.14	0.53	0.32	-1.50	0.28	0.38	0.28	5.13	1.80	3.98	4.41	2.95
EPS in Rs	0.06	0.09	0.04	0.03	-0.12	0.02	0.03	0.02	0.41	0.13	0.27	0.29	0.20
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	500.00%	-53.51%	-39.62%	-568.75%	118.67%	35.71%	-26.32%	1732.14%	-64.91%	121.11%	10.80%
Change in YoY Net Profit Growth (%)	0.00%	-553.51%	13.89%	-529.13%	687.42%	-82.95%	-62.03%	1758.46%	-1797.06%	186.02%	-110.31%

Captain Pipes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	11%
3 Years:	-2%
TTM:	-1%

Compounded Profit Growth
10 Years:	23%
5 Years:	63%
3 Years:	135%
TTM:	-19%

Stock Price CAGR
10 Years:	28%
5 Years:	78%
3 Years:	19%
1 Year:	-14%

Return on Equity
10 Years:	8%
5 Years:	11%
3 Years:	14%
Last Year:	14%

Last Updated: September 5, 2025, 2:51 pm

Balance Sheet

Last Updated: December 10, 2025, 4:01 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	1.13	4.16	4.16	4.16	4.16	4.16	4.16	4.16	4.16	13.95	14.77	15.36	15.36
Reserves	1.13	4.64	5.17	5.49	3.99	4.27	4.66	4.93	11.74	6.23	10.74	24.34	25.91
Borrowings	12.02	9.49	9.60	10.13	8.90	5.01	3.06	4.11	3.75	2.56	5.82	15.77	33.34
Other Liabilities	4.79	9.35	16.05	16.09	16.20	16.22	15.26	13.17	15.31	10.37	11.89	7.83	9.13
Total Liabilities	19.07	27.64	34.98	35.87	33.25	29.66	27.14	26.37	34.96	33.11	43.22	63.30	83.74
Fixed Assets	8.08	11.05	11.04	10.38	9.58	9.33	8.62	7.98	8.50	8.26	11.15	10.89	36.48
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.23	10.19	0.27
Investments	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.43	0.43	6.37	11.73	17.13
Other Assets	10.18	15.78	23.13	24.68	22.86	19.52	17.71	17.58	26.03	24.42	25.47	30.49	29.86
Total Assets	19.07	27.64	34.98	35.87	33.25	29.66	27.14	26.37	34.96	33.11	43.22	63.30	83.74

Below is a detailed analysis of the balance sheet data for Captain Pipes Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 15.36 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 15.36 Cr..
For Reserves, as of Sep 2025, the value is 25.91 Cr.. The value appears strong and on an upward trend. It has increased from 24.34 Cr. (Mar 2025) to 25.91 Cr., marking an increase of 1.57 Cr..
For Borrowings, as of Sep 2025, the value is 33.34 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 15.77 Cr. (Mar 2025) to 33.34 Cr., marking an increase of 17.57 Cr..
For Other Liabilities, as of Sep 2025, the value is 9.13 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.83 Cr. (Mar 2025) to 9.13 Cr., marking an increase of 1.30 Cr..
For Total Liabilities, as of Sep 2025, the value is 83.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 63.30 Cr. (Mar 2025) to 83.74 Cr., marking an increase of 20.44 Cr..
For Fixed Assets, as of Sep 2025, the value is 36.48 Cr.. The value appears strong and on an upward trend. It has increased from 10.89 Cr. (Mar 2025) to 36.48 Cr., marking an increase of 25.59 Cr..
For CWIP, as of Sep 2025, the value is 0.27 Cr.. The value appears to be declining and may need further review. It has decreased from 10.19 Cr. (Mar 2025) to 0.27 Cr., marking a decrease of 9.92 Cr..
For Investments, as of Sep 2025, the value is 17.13 Cr.. The value appears strong and on an upward trend. It has increased from 11.73 Cr. (Mar 2025) to 17.13 Cr., marking an increase of 5.40 Cr..
For Other Assets, as of Sep 2025, the value is 29.86 Cr.. The value appears to be declining and may need further review. It has decreased from 30.49 Cr. (Mar 2025) to 29.86 Cr., marking a decrease of 0.63 Cr..
For Total Assets, as of Sep 2025, the value is 83.74 Cr.. The value appears strong and on an upward trend. It has increased from 63.30 Cr. (Mar 2025) to 83.74 Cr., marking an increase of 20.44 Cr..

However, the Borrowings (33.34 Cr.) are higher than the Reserves (25.91 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.68	2.72	3.99	2.34	4.28	3.18	3.59	1.43	-4.66	2.79	4.07	-2.38
Cash from Investing Activity +	-2.76	-3.57	-0.20	-0.24	0.03	-0.40	-0.26	-1.15	4.02	-0.60	-10.06	-15.92
Cash from Financing Activity +	2.10	0.88	-3.28	-1.90	-4.28	-3.41	-3.44	-0.35	0.63	0.40	3.40	18.30
Net Cash Flow	0.02	0.03	0.52	0.20	0.02	-0.63	-0.12	-0.07	-0.01	2.59	-2.60	0.00

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-9.97	-6.13	-5.72	-6.88	-8.32	-2.32	-0.51	-1.69	-0.99	1.42	1.86	-7.73

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	30.22	81.11	76.82	51.53	53.57	42.27	42.21	52.52	50.79	41.00	57.06	52.98
Inventory Days	48.78	80.75	79.98	121.25	133.67	90.59	100.71	95.13	53.58	48.14	70.78	78.41
Days Payable	47.41	111.80	113.66	113.57	138.44	110.43	124.79	121.09	63.81	43.07	52.62	37.02
Cash Conversion Cycle	31.59	50.06	43.14	59.21	48.80	22.43	18.14	26.56	40.56	46.07	75.22	94.37
Working Capital Days	-17.29	-3.37	1.83	6.55	-4.35	-2.54	8.43	18.41	39.70	42.94	48.25	79.42
ROCE %	11.41%	17.38%	17.62%	12.86%	-0.65%	13.25%	15.17%	14.59%	12.85%	15.76%	24.97%	17.00%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	72.23%	72.23%	73.78%	73.78%	73.78%	73.78%	66.99%	66.99%	64.39%	64.39%	64.39%	64.39%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.07%	0.06%	0.06%	0.06%	0.06%
Public	27.76%	27.76%	26.22%	26.22%	26.23%	26.21%	33.03%	32.94%	35.55%	35.54%	35.55%	35.54%
No. of Shareholders	168	909	9,991	19,830	35,827	60,184	66,473	65,872	63,895	61,730	60,097	58,268

Shareholding Pattern Chart

No. of Shareholders

Captain Pipes Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25
FaceValue	1.00
Basic EPS (Rs.)	0.57
Diluted EPS (Rs.)	0.57
Cash EPS (Rs.)	0.34
Book Value[Excl.RevalReserv]/Share (Rs.)	2.87
Book Value[Incl.RevalReserv]/Share (Rs.)	2.87
Revenue From Operations / Share (Rs.)	5.00
PBDIT / Share (Rs.)	0.53
PBIT / Share (Rs.)	0.48
PBT / Share (Rs.)	0.38
Net Profit / Share (Rs.)	0.28
NP After MI And SOA / Share (Rs.)	0.56
PBDIT Margin (%)	10.80
PBIT Margin (%)	9.61
PBT Margin (%)	7.72
Net Profit Margin (%)	5.74
NP After MI And SOA Margin (%)	11.41
Return on Networth / Equity (%)	19.87
Return on Capital Employeed (%)	13.44
Return On Assets (%)	12.94
Long Term Debt / Equity (X)	0.23
Total Debt / Equity (X)	0.35
Current Ratio (X)	2.31
Quick Ratio (X)	1.30
Interest Coverage Ratio (X)	5.73
Interest Coverage Ratio (Post Tax) (X)	4.05
Enterprise Value (Cr.)	236.85
EV / Net Operating Revenue (X)	3.09
EV / EBITDA (X)	28.57
MarketCap / Net Operating Revenue (X)	2.88
Price / BV (X)	5.02
Price / Net Operating Revenue (X)	2.88
EarningsYield	0.03

After reviewing the key financial ratios for Captain Pipes Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. No previous period data is available for comparison.
For Basic EPS (Rs.), as of Mar 25, the value is 0.57. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For Diluted EPS (Rs.), as of Mar 25, the value is 0.57. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For Cash EPS (Rs.), as of Mar 25, the value is 0.34. This value is below the healthy minimum of 3. No previous period data is available for comparison.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2.87. No previous period data is available for comparison.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2.87. No previous period data is available for comparison.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 5.00. No previous period data is available for comparison.
For PBDIT / Share (Rs.), as of Mar 25, the value is 0.53. This value is below the healthy minimum of 2. No previous period data is available for comparison.
For PBIT / Share (Rs.), as of Mar 25, the value is 0.48. This value is within the healthy range. No previous period data is available for comparison.
For PBT / Share (Rs.), as of Mar 25, the value is 0.38. This value is within the healthy range. No previous period data is available for comparison.
For Net Profit / Share (Rs.), as of Mar 25, the value is 0.28. This value is below the healthy minimum of 2. No previous period data is available for comparison.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 0.56. This value is below the healthy minimum of 2. No previous period data is available for comparison.
For PBDIT Margin (%), as of Mar 25, the value is 10.80. This value is within the healthy range. No previous period data is available for comparison.
For PBIT Margin (%), as of Mar 25, the value is 9.61. This value is below the healthy minimum of 10. No previous period data is available for comparison.
For PBT Margin (%), as of Mar 25, the value is 7.72. This value is below the healthy minimum of 10. No previous period data is available for comparison.
For Net Profit Margin (%), as of Mar 25, the value is 5.74. This value is within the healthy range. No previous period data is available for comparison.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 11.41. This value is within the healthy range. No previous period data is available for comparison.
For Return on Networth / Equity (%), as of Mar 25, the value is 19.87. This value is within the healthy range. No previous period data is available for comparison.
For Return on Capital Employeed (%), as of Mar 25, the value is 13.44. This value is within the healthy range. No previous period data is available for comparison.
For Return On Assets (%), as of Mar 25, the value is 12.94. This value is within the healthy range. No previous period data is available for comparison.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.23. This value is within the healthy range. No previous period data is available for comparison.
For Total Debt / Equity (X), as of Mar 25, the value is 0.35. This value is within the healthy range. No previous period data is available for comparison.
For Current Ratio (X), as of Mar 25, the value is 2.31. This value is within the healthy range. No previous period data is available for comparison.
For Quick Ratio (X), as of Mar 25, the value is 1.30. This value is within the healthy range. No previous period data is available for comparison.
For Interest Coverage Ratio (X), as of Mar 25, the value is 5.73. This value is within the healthy range. No previous period data is available for comparison.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 4.05. This value is within the healthy range. No previous period data is available for comparison.
For Enterprise Value (Cr.), as of Mar 25, the value is 236.85. No previous period data is available for comparison.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.09. This value exceeds the healthy maximum of 3. No previous period data is available for comparison.
For EV / EBITDA (X), as of Mar 25, the value is 28.57. This value exceeds the healthy maximum of 15. No previous period data is available for comparison.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.88. This value is within the healthy range. No previous period data is available for comparison.
For Price / BV (X), as of Mar 25, the value is 5.02. This value exceeds the healthy maximum of 3. No previous period data is available for comparison.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.88. This value is within the healthy range. No previous period data is available for comparison.
For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. No previous period data is available for comparison.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Captain Pipes Ltd as of March 16, 2026 is: ₹13.84

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 16, 2026, Captain Pipes Ltd is Undervalued by 54.29% compared to the current share price ₹8.97

Intrinsic Value of Captain Pipes Ltd as of March 16, 2026 is: ₹11.99

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 16, 2026, Captain Pipes Ltd is Undervalued by 33.67% compared to the current share price ₹8.97

Last 5 Year EPS CAGR: -13.37%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 0.48 and average Dividend Yield of 9.61%. The stock has a low average Working Capital Days of 18.17, which is a positive sign. The company has shown consistent growth in sales (58.90 cr) and profit (1.98 cr) over the years.	The stock has a low average ROCE of 14.35%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 46.35, which may not be favorable. The company has higher borrowings (9.50) compared to reserves (8.71), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Captain Pipes Ltd:
1. Net Profit Margin: 5.74%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 13.44% (Industry Average ROCE: 10.4%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 19.87% (Industry Average ROE: 10.62%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 4.05
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.3
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 46.7 (Industry average Stock P/E: 54.79)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.35
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Captain Pipes Ltd. is a Public Limited Listed company incorporated on 05/01/2010 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L25191GJ2010PLC059094 and registration number is 059094. Currently company belongs to the Industry of Plastics - Pipes & Fittings. Company's Total Operating Revenue is Rs. 76.75 Cr. and Equity Capital is Rs. 15.36 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Plastics - Pipes & Fittings	Survey No.257, Rajkot Dist. Gujarat 360002	Contact not found

Management
Name	Position Held
Mr. Gopal D Khichadia	Managing Director
Mr. Kantilal M Gedia	Whole Time Director
Mr. Ramesh D Khichadia	Non Executive Director
Mrs. Darshana Patel	Independent Director
Mr. Vinodbhai Hirpara	Independent Director
Mr. Vijaybahi Tank	Independent Director

FAQ

What is the intrinsic value of Captain Pipes Ltd?

Captain Pipes Ltd's intrinsic value (as of 16 March 2026) is ₹11.99 which is 33.67% higher the current market price of ₹8.97, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹138 Cr. market cap, FY2025-2026 high/low of ₹17.4/8.50, reserves of ₹25.91 Cr, and liabilities of ₹83.74 Cr.

What is the Market Cap of Captain Pipes Ltd?

The Market Cap of Captain Pipes Ltd is 138 Cr..

What is the current Stock Price of Captain Pipes Ltd as on 16 March 2026?

The current stock price of Captain Pipes Ltd as on 16 March 2026 is ₹8.97.

What is the High / Low of Captain Pipes Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Captain Pipes Ltd stocks is ₹17.4/8.50.

What is the Stock P/E of Captain Pipes Ltd?

The Stock P/E of Captain Pipes Ltd is 46.7.

What is the Book Value of Captain Pipes Ltd?

The Book Value of Captain Pipes Ltd is 2.69.

What is the Dividend Yield of Captain Pipes Ltd?

The Dividend Yield of Captain Pipes Ltd is 0.00 %.

What is the ROCE of Captain Pipes Ltd?

The ROCE of Captain Pipes Ltd is 17.0 %.

What is the ROE of Captain Pipes Ltd?

The ROE of Captain Pipes Ltd is 13.5 %.

What is the Face Value of Captain Pipes Ltd?

The Face Value of Captain Pipes Ltd is 1.00.