Captain Pipes Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Captain Pipes Ltd?

Captain Pipes Ltd is trading at 13.10 as of 26 April 2026, with a FY2026-2027 high of 17.4 and low of 7.05. The stock is currently in the middle of its 52-week range. Market cap stands at 201 Cr..

Q: Is Captain Pipes Ltd financially healthy?

Key indicators: ROCE of 17.0 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Captain Pipes Ltd profitable and how is the profit trend?

Captain Pipes Ltd reported a net profit of 4 Cr in Mar 2025 on revenue of 76 Cr. Compared to 5 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹20.21Undervalued by 54.27%vs CMP ₹13.10

P/E (68.2) × ROE (13.5%) × BV (₹2.69) × DY (2.00%)

₹7.94Overvalued by 39.39%vs CMP ₹13.10

MoS: -65% (Negative)Confidence: 56/100 (Moderate)Models: 1 Under, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹17.51	30%	Under (+33.7%)
Graham Number	Earnings	₹3.48	22%	Over (-73.4%)
Net Asset Value	Assets	₹2.69	10%	Over (-79.5%)
EV/EBITDA	Enterprise	₹4.83	12%	Over (-63.1%)
Earnings Yield	Earnings	₹2.00	10%	Over (-84.7%)
ROCE Capital	Returns	₹5.45	10%	Over (-58.4%)
Revenue Multiple	Revenue	₹4.93	7%	Over (-62.4%)
Consensus (7 models)		₹7.94	100%	Overvalued

Key Drivers: Wide model spread (₹2–₹18) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -13.4%

*Investments are subject to market risks

Analyst Summary

Captain Pipes Ltd operates in the Plastics - Pipes & Fittings segment, NSE: CAPPIPES | BSE: 538817, current market price is ₹13.10, market cap is 201 Cr.. At a glance, stock P/E is 68.2, ROE is 13.5 %, ROCE is 17.0 %, book value is 2.69, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹7.94, around 39.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹76 Cr versus the prior period change of -0.1%, while latest net profit is about ₹4 Cr with a prior-period change of 10.8%. The 52-week range shown on this page is 17.4/7.05, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisCaptain 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 L25191G…

This summary is generated from the stock page data available for Captain Pipes Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Captain Pipes Ltd scores 61/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health68/100 · Strong

ROCE 17.0% GoodROE 13.5% GoodD/E 0.35 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 64.4% Stable

Earnings Quality65/100 · Strong

OPM expanding (4% → 10%) Improving

Quarterly Momentum50/100 · Moderate

Revenue (4Q): +9% YoY GrowingProfit (4Q): -33% YoY Declining

Industry Rank65/100 · Strong

P/E 68.2 vs industry 59.8 In-lineROCE 17.0% vs industry 10.4% Above peersROE 13.5% vs industry 10.6% Above peers3Y sales CAGR: -3% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:13 am

Market Cap	201 Cr.
Current Price	13.1
Intrinsic Value	₹7.94
High / Low	17.4/7.05
Stock P/E	68.2
Book Value	2.69
Dividend Yield	0.00 %
ROCE	17.0 %
ROE	13.5 %
Face Value	1.00
PEG Ratio	-5.10

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	201 Cr.	13.1	17.4/7.05	68.2	2.69	0.00 %	17.0 %	13.5 %	1.00
Texmo Pipes & Products Ltd	138 Cr.	47.2	69.0/33.0	7.47	76.6	0.00 %	8.92 %	9.38 %	10.0
Caprihans India Ltd	123 Cr.	77.0	168/50.3		269	0.00 %	0.78 %	18.9 %	10.0
Captain Polyplast Ltd	462 Cr.	76.8	90.0/52.7	20.4	28.0	0.00 %	16.1 %	15.0 %	2.00
Prakash Pipes Ltd	500 Cr.	209	480/163	12.5	191	1.15 %	26.8 %	20.5 %	10.0
Industry Average	6,033.25 Cr	219.18		59.76	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

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

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	-2.08	-0.85	3.29	2.14	4.22	2.55	3.41	1.19	-6.10	2.06	-0.09	-13.00
CFO/OP	33%	81%	108%	85%	745%	121%	144%	63%	-164%	87%	60%	0%

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

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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 and is it undervalued?

As of 26 April 2026, Captain Pipes Ltd's intrinsic value is ₹7.94, which is 39.39% lower than the current market price of ₹13.10, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (13.5 %), book value (₹2.69), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Captain Pipes Ltd?

Captain Pipes Ltd is trading at ₹13.10 as of 26 April 2026, with a FY2026-2027 high of ₹17.4 and low of ₹7.05. The stock is currently in the middle of its 52-week range. Market cap stands at ₹201 Cr..

How does Captain Pipes Ltd's P/E ratio compare to its industry?

Captain Pipes Ltd has a P/E ratio of 68.2, which is above the industry average of 59.76. The premium over industry average may reflect growth expectations or speculative interest.

Is Captain Pipes Ltd financially healthy?

Key indicators for Captain Pipes Ltd: ROCE of 17.0 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Is Captain Pipes Ltd profitable and how is the profit trend?

Captain Pipes Ltd reported a net profit of ₹4 Cr in Mar 2025 on revenue of ₹76 Cr. Compared to ₹5 Cr in Mar 2022, the net profit shows a declining trend.

Does Captain Pipes Ltd pay dividends?

Captain Pipes Ltd has a dividend yield of 0.00 % at the current price of ₹13.10. The company is currently not paying meaningful dividends.