Prakash Pipes Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 25, 2026, 2:31 am

Market Cap	445 Cr.
Current Price	186
Intrinsic Value	₹341.39
High / Low	480/181
Stock P/E	11.1
Book Value	191
Dividend Yield	1.29 %
ROCE	26.8 %
ROE	20.5 %
Face Value	10.0
PEG Ratio	-3.62

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Prakash Pipes Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Prakash Pipes Ltd	445 Cr.	186	480/181	11.1	191	1.29 %	26.8 %	20.5 %	10.0
Captain Polyplast Ltd	374 Cr.	62.2	96.0/58.4	16.5	28.0	0.00 %	16.1 %	15.0 %	2.00
Captain Pipes Ltd	125 Cr.	8.16	17.4/8.05	42.5	2.69	0.00 %	17.0 %	13.5 %	1.00
Texmo Pipes & Products Ltd	113 Cr.	38.8	69.8/37.3	6.14	76.6	0.00 %	8.92 %	9.38 %	10.0
Apollo Pipes Ltd	1,829 Cr.	416	495/252	99.3	191	0.17 %	6.78 %	4.30 %	10.0
Industry Average	6,890.00 Cr	211.60		54.93	87.37	0.26%	10.40%	10.62%	8.00

All Competitor Stocks of Prakash 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	172	156	176	171	158	165	205	200	192	183	203	181	181
Expenses	151	137	152	147	128	135	172	169	157	165	187	166	163
Operating Profit	21	19	23	24	30	30	33	31	36	18	16	15	18
OPM %	12%	12%	13%	14%	19%	18%	16%	16%	19%	10%	8%	8%	10%
Other Income	1	0	1	5	4	5	5	5	1	1	2	1	-0
Interest	1	0	0	0	2	1	2	2	2	1	1	0	1
Depreciation	3	2	2	2	2	3	2	3	3	3	3	4	4
Profit before tax	18	17	22	27	30	31	34	32	31	15	14	12	13
Tax %	24%	-18%	15%	15%	23%	18%	25%	25%	27%	30%	26%	25%	25%
Net Profit	13	20	18	23	23	25	25	24	23	10	10	9	10
EPS in Rs	5.61	8.26	7.72	9.48	9.67	10.60	10.62	10.16	9.66	4.30	4.31	3.91	4.23

Last Updated: March 3, 2026, 3:20 pm

Below is a detailed analysis of the quarterly data for Prakash 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 181.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 181.00 Cr..
For Expenses, as of Dec 2025, the value is 163.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 166.00 Cr. (Sep 2025) to 163.00 Cr., marking a decrease of 3.00 Cr..
For Operating Profit, as of Dec 2025, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Sep 2025) to 18.00 Cr., marking an increase of 3.00 Cr..
For OPM %, as of Dec 2025, the value is 10.00%. The value appears strong and on an upward trend. It has increased from 8.00% (Sep 2025) to 10.00%, marking an increase of 2.00%.
For Other Income, as of Dec 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Sep 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
For Interest, as of Dec 2025, the value is 1.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Sep 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 4.00 Cr..
For Profit before tax, as of Dec 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Sep 2025) to 13.00 Cr., marking an increase of 1.00 Cr..
For Tax %, as of Dec 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 25.00%.
For Net Profit, as of Dec 2025, the value is 10.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Sep 2025) to 10.00 Cr., marking an increase of 1.00 Cr..
For EPS in Rs, as of Dec 2025, the value is 4.23. The value appears strong and on an upward trend. It has increased from 3.91 (Sep 2025) to 4.23, marking an increase of 0.32.

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 25, 2026, 11:16 am

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0	341	385	476	617	709	669	780	749
Expenses	0	302	347	418	539	626	562	659	682
Operating Profit	0	39	38	59	77	83	107	121	67
OPM %		11%	10%	12%	13%	12%	16%	16%	9%
Other Income	0	5	4	2	3	22	16	9	4
Interest	0	0	2	2	2	3	4	7	3
Depreciation	0	5	6	8	11	12	10	11	14
Profit before tax	0	38	34	51	67	89	110	112	54
Tax %		25%	28%	30%	30%	20%	18%	26%
Net Profit	0	29	25	36	47	71	90	83	40
EPS in Rs	0.00	28,550.00	12.12	14.97	19.57	29.81	37.48	34.74	16.75
Dividend Payout %		9%	10%	8%	6%	4%	5%	7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-13.79%	44.00%	30.56%	51.06%	26.76%	-7.78%
Change in YoY Net Profit Growth (%)	0.00%	57.79%	-13.44%	20.51%	-24.30%	-34.54%

Prakash Pipes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	15%
3 Years:	8%
TTM:	12%

Compounded Profit Growth
10 Years:	%
5 Years:	27%
3 Years:	21%
TTM:	-30%

Stock Price CAGR
10 Years:	%
5 Years:	34%
3 Years:	21%
1 Year:	-50%

Return on Equity
10 Years:	%
5 Years:	23%
3 Years:	24%
Last Year:	21%

Last Updated: September 5, 2025, 12:35 pm

Balance Sheet

Last Updated: February 1, 2026, 1:15 am

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	0.01	20	20	24	24	24	24	24	24
Reserves	-0	89	112	168	211	255	341	420	434
Borrowings	-0	0	5	2	5	10	40	39	13
Other Liabilities	-0	31	41	48	56	57	87	95	90
Total Liabilities	0	141	179	241	297	346	493	578	561
Fixed Assets	-0	43	55	77	101	68	71	127	130
CWIP	-0	0	0	0	4	5	9	7	9
Investments	-0	-0	-0	-0	-0	-0	42	13	2
Other Assets	0	97	124	164	191	273	371	431	420
Total Assets	0	141	179	241	297	346	493	578	561

Below is a detailed analysis of the balance sheet data for Prakash 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 24.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 24.00 Cr..
For Reserves, as of Sep 2025, the value is 434.00 Cr.. The value appears strong and on an upward trend. It has increased from 420.00 Cr. (Mar 2025) to 434.00 Cr., marking an increase of 14.00 Cr..
For Borrowings, as of Sep 2025, the value is 13.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 39.00 Cr. (Mar 2025) to 13.00 Cr., marking a decrease of 26.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 90.00 Cr.. The value appears to be improving (decreasing). It has decreased from 95.00 Cr. (Mar 2025) to 90.00 Cr., marking a decrease of 5.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 561.00 Cr.. The value appears to be improving (decreasing). It has decreased from 578.00 Cr. (Mar 2025) to 561.00 Cr., marking a decrease of 17.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 130.00 Cr.. The value appears strong and on an upward trend. It has increased from 127.00 Cr. (Mar 2025) to 130.00 Cr., marking an increase of 3.00 Cr..
For CWIP, as of Sep 2025, the value is 9.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2025) to 9.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 13.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 11.00 Cr..
For Other Assets, as of Sep 2025, the value is 420.00 Cr.. The value appears to be declining and may need further review. It has decreased from 431.00 Cr. (Mar 2025) to 420.00 Cr., marking a decrease of 11.00 Cr..
For Total Assets, as of Sep 2025, the value is 561.00 Cr.. The value appears to be declining and may need further review. It has decreased from 578.00 Cr. (Mar 2025) to 561.00 Cr., marking a decrease of 17.00 Cr..

Notably, the Reserves (434.00 Cr.) exceed the Borrowings (13.00 Cr.), indicating a solid financial buffer.

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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	20	14	30	51	42	120	73
Cash from Investing Activity +	-20	-15	-33	-36	16	-46	-26
Cash from Financing Activity +	0	2	18	0	0	26	-10
Net Cash Flow	1	0	15	16	59	99	38

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	0.00	39.00	33.00	57.00	72.00	73.00	67.00	82.00

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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	34	41	34	35	39	41	41
Inventory Days	24	37		46	34	44	45
Days Payable	22	24		19	17	34	29
Cash Conversion Cycle	36	54	34	62	55	51	56
Working Capital Days	48	41	47	42	40	16	19
ROCE %	70%	29%	32%	32%	29%	29%	27%

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	44.27%	44.27%	44.27%	44.27%	44.27%	44.27%	44.41%	44.41%	44.41%	44.41%	44.41%	44.41%
FIIs	0.08%	0.31%	0.27%	0.26%	0.37%	0.93%	2.00%	1.67%	1.29%	1.00%	0.54%	0.46%
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	55.63%	55.39%	55.43%	55.45%	55.32%	54.80%	53.58%	53.91%	54.29%	54.59%	55.04%	55.14%
No. of Shareholders	76,440	73,970	77,493	80,014	81,854	79,849	81,132	86,610	87,151	87,284	82,997	82,050

Shareholding Pattern Chart

No. of Shareholders

Prakash 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	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	34.74	37.48	29.81	19.57	17.08
Diluted EPS (Rs.)	34.74	37.48	29.81	18.88	16.41
Cash EPS (Rs.)	39.36	41.55	34.90	24.13	18.47
Book Value[Excl.RevalReserv]/Share (Rs.)	185.50	152.66	116.47	98.37	80.08
Book Value[Incl.RevalReserv]/Share (Rs.)	185.50	152.66	116.47	98.37	80.08
Dividend / Share (Rs.)	2.40	1.80	1.20	1.20	1.20
Revenue From Operations / Share (Rs.)	326.29	279.83	296.49	257.84	199.06
PBDIT / Share (Rs.)	54.44	51.46	43.80	33.64	25.35
PBIT / Share (Rs.)	49.82	47.39	38.71	29.08	21.85
PBT / Share (Rs.)	46.89	45.82	37.41	28.06	21.23
Net Profit / Share (Rs.)	34.74	37.47	29.80	19.57	14.97
PBDIT Margin (%)	16.68	18.39	14.77	13.04	12.73
PBIT Margin (%)	15.26	16.93	13.05	11.27	10.97
PBT Margin (%)	14.37	16.37	12.61	10.88	10.66
Net Profit Margin (%)	10.64	13.39	10.05	7.58	7.51
Return on Networth / Equity (%)	18.72	24.54	25.58	19.88	18.68
Return on Capital Employeed (%)	26.08	30.00	32.76	29.08	26.79
Return On Assets (%)	14.37	18.19	20.63	15.78	14.82
Long Term Debt / Equity (X)	0.01	0.02	0.00	0.00	0.00
Total Debt / Equity (X)	0.08	0.11	0.03	0.02	0.01
Asset Turnover Ratio (%)	1.46	1.60	2.21	2.29	2.27
Current Ratio (X)	3.57	3.51	4.15	3.06	3.01
Quick Ratio (X)	3.02	3.03	3.36	2.02	1.82
Inventory Turnover Ratio (X)	12.81	8.86	9.71	8.36	8.49
Dividend Payout Ratio (NP) (%)	5.17	3.20	4.02	6.13	6.84
Dividend Payout Ratio (CP) (%)	4.56	2.88	3.43	4.97	5.54
Earning Retention Ratio (%)	94.83	96.80	95.98	93.87	93.16
Cash Earning Retention Ratio (%)	95.44	97.12	96.57	95.03	94.46
Interest Coverage Ratio (X)	18.63	32.83	33.69	33.25	41.24
Interest Coverage Ratio (Post Tax) (X)	12.89	24.90	23.92	20.34	25.35
Enterprise Value (Cr.)	755.96	666.44	220.20	330.68	274.90
EV / Net Operating Revenue (X)	0.96	0.99	0.31	0.53	0.57
EV / EBITDA (X)	5.81	5.41	2.10	4.11	4.53
MarketCap / Net Operating Revenue (X)	1.25	1.26	0.46	0.60	0.64
Retention Ratios (%)	94.82	96.79	95.97	93.86	93.15
Price / BV (X)	2.20	2.31	1.19	1.58	1.60
Price / Net Operating Revenue (X)	1.25	1.26	0.46	0.60	0.64
EarningsYield	0.08	0.10	0.21	0.12	0.11

After reviewing the key financial ratios for Prakash 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 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 34.74. This value is within the healthy range. It has decreased from 37.48 (Mar 24) to 34.74, marking a decrease of 2.74.
For Diluted EPS (Rs.), as of Mar 25, the value is 34.74. This value is within the healthy range. It has decreased from 37.48 (Mar 24) to 34.74, marking a decrease of 2.74.
For Cash EPS (Rs.), as of Mar 25, the value is 39.36. This value is within the healthy range. It has decreased from 41.55 (Mar 24) to 39.36, marking a decrease of 2.19.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 185.50. It has increased from 152.66 (Mar 24) to 185.50, marking an increase of 32.84.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 185.50. It has increased from 152.66 (Mar 24) to 185.50, marking an increase of 32.84.
For Dividend / Share (Rs.), as of Mar 25, the value is 2.40. This value is within the healthy range. It has increased from 1.80 (Mar 24) to 2.40, marking an increase of 0.60.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 326.29. It has increased from 279.83 (Mar 24) to 326.29, marking an increase of 46.46.
For PBDIT / Share (Rs.), as of Mar 25, the value is 54.44. This value is within the healthy range. It has increased from 51.46 (Mar 24) to 54.44, marking an increase of 2.98.
For PBIT / Share (Rs.), as of Mar 25, the value is 49.82. This value is within the healthy range. It has increased from 47.39 (Mar 24) to 49.82, marking an increase of 2.43.
For PBT / Share (Rs.), as of Mar 25, the value is 46.89. This value is within the healthy range. It has increased from 45.82 (Mar 24) to 46.89, marking an increase of 1.07.
For Net Profit / Share (Rs.), as of Mar 25, the value is 34.74. This value is within the healthy range. It has decreased from 37.47 (Mar 24) to 34.74, marking a decrease of 2.73.
For PBDIT Margin (%), as of Mar 25, the value is 16.68. This value is within the healthy range. It has decreased from 18.39 (Mar 24) to 16.68, marking a decrease of 1.71.
For PBIT Margin (%), as of Mar 25, the value is 15.26. This value is within the healthy range. It has decreased from 16.93 (Mar 24) to 15.26, marking a decrease of 1.67.
For PBT Margin (%), as of Mar 25, the value is 14.37. This value is within the healthy range. It has decreased from 16.37 (Mar 24) to 14.37, marking a decrease of 2.00.
For Net Profit Margin (%), as of Mar 25, the value is 10.64. This value exceeds the healthy maximum of 10. It has decreased from 13.39 (Mar 24) to 10.64, marking a decrease of 2.75.
For Return on Networth / Equity (%), as of Mar 25, the value is 18.72. This value is within the healthy range. It has decreased from 24.54 (Mar 24) to 18.72, marking a decrease of 5.82.
For Return on Capital Employeed (%), as of Mar 25, the value is 26.08. This value is within the healthy range. It has decreased from 30.00 (Mar 24) to 26.08, marking a decrease of 3.92.
For Return On Assets (%), as of Mar 25, the value is 14.37. This value is within the healthy range. It has decreased from 18.19 (Mar 24) to 14.37, marking a decrease of 3.82.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.02 (Mar 24) to 0.01, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.08. This value is within the healthy range. It has decreased from 0.11 (Mar 24) to 0.08, marking a decrease of 0.03.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.46. It has decreased from 1.60 (Mar 24) to 1.46, marking a decrease of 0.14.
For Current Ratio (X), as of Mar 25, the value is 3.57. This value exceeds the healthy maximum of 3. It has increased from 3.51 (Mar 24) to 3.57, marking an increase of 0.06.
For Quick Ratio (X), as of Mar 25, the value is 3.02. This value exceeds the healthy maximum of 2. It has decreased from 3.03 (Mar 24) to 3.02, marking a decrease of 0.01.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 12.81. This value exceeds the healthy maximum of 8. It has increased from 8.86 (Mar 24) to 12.81, marking an increase of 3.95.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 5.17. This value is below the healthy minimum of 20. It has increased from 3.20 (Mar 24) to 5.17, marking an increase of 1.97.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 4.56. This value is below the healthy minimum of 20. It has increased from 2.88 (Mar 24) to 4.56, marking an increase of 1.68.
For Earning Retention Ratio (%), as of Mar 25, the value is 94.83. This value exceeds the healthy maximum of 70. It has decreased from 96.80 (Mar 24) to 94.83, marking a decrease of 1.97.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 95.44. This value exceeds the healthy maximum of 70. It has decreased from 97.12 (Mar 24) to 95.44, marking a decrease of 1.68.
For Interest Coverage Ratio (X), as of Mar 25, the value is 18.63. This value is within the healthy range. It has decreased from 32.83 (Mar 24) to 18.63, marking a decrease of 14.20.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 12.89. This value is within the healthy range. It has decreased from 24.90 (Mar 24) to 12.89, marking a decrease of 12.01.
For Enterprise Value (Cr.), as of Mar 25, the value is 755.96. It has increased from 666.44 (Mar 24) to 755.96, marking an increase of 89.52.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.96. This value is below the healthy minimum of 1. It has decreased from 0.99 (Mar 24) to 0.96, marking a decrease of 0.03.
For EV / EBITDA (X), as of Mar 25, the value is 5.81. This value is within the healthy range. It has increased from 5.41 (Mar 24) to 5.81, marking an increase of 0.40.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.25. This value is within the healthy range. It has decreased from 1.26 (Mar 24) to 1.25, marking a decrease of 0.01.
For Retention Ratios (%), as of Mar 25, the value is 94.82. This value exceeds the healthy maximum of 70. It has decreased from 96.79 (Mar 24) to 94.82, marking a decrease of 1.97.
For Price / BV (X), as of Mar 25, the value is 2.20. This value is within the healthy range. It has decreased from 2.31 (Mar 24) to 2.20, marking a decrease of 0.11.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.25. This value is within the healthy range. It has decreased from 1.26 (Mar 24) to 1.25, marking a decrease of 0.01.
For EarningsYield, as of Mar 25, the value is 0.08. This value is below the healthy minimum of 5. It has decreased from 0.10 (Mar 24) to 0.08, marking a decrease of 0.02.

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 Prakash Pipes Ltd as of March 25, 2026 is: ₹352.18

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 25, 2026, Prakash Pipes Ltd is Undervalued by 89.34% compared to the current share price ₹186.00

Intrinsic Value of Prakash Pipes Ltd as of March 25, 2026 is: ₹341.39

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 25, 2026, Prakash Pipes Ltd is Undervalued by 83.54% compared to the current share price ₹186.00

Last 5 Year EPS CAGR: -3.06%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 31.00%, which is a positive sign. The company has higher reserves (225.56 cr) compared to borrowings (12.67 cr), indicating strong financial stability. The company has shown consistent growth in sales (525.11 cr) and profit (61.67 cr) over the years.	The stock has a high average Working Capital Days of 31.63, which may not be favorable. The stock has a high average Cash Conversion Cycle of 43.50, which may not be favorable.

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 Prakash Pipes Ltd:
1. Net Profit Margin: 10.64%
  - 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: 26.08% (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%: 18.72% (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): 12.89
  - 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: 3.02
  - 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: 11.1 (Industry average Stock P/E: 54.93)
  - 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: 0.08
  - 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

Prakash Pipes Ltd. is a Public Limited Listed company incorporated on 29/06/2017 and has its registered office in the State of Punjab, India. Company's Corporate Identification Number(CIN) is L25209PB2017PLC046660 and registration number is 046660. Currently company belongs to the Industry of Plastics - Pipes & Fittings. Company's Total Operating Revenue is Rs. 780.48 Cr. and Equity Capital is Rs. 23.92 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Plastics - Pipes & Fittings	Darjiyan Wali Gali, Amritsar Punjab 143112	Contact not found

Management
Name	Position Held
Mr. V P Agarwal	Chairman
Mr. Kanha Agarwal	Managing Director
Mr. Vikram Agarwal	Director
Mrs. Purnima Gupta	Independent Director
Dr. S C Gosain	Independent Director
Mrs. Praveen Gupta	Independent Director

FAQ

What is the intrinsic value of Prakash Pipes Ltd?

Prakash Pipes Ltd's intrinsic value (as of 25 March 2026) is ₹341.39 which is 83.54% higher the current market price of ₹186.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹445 Cr. market cap, FY2025-2026 high/low of ₹480/181, reserves of ₹434 Cr, and liabilities of ₹561 Cr.

What is the Market Cap of Prakash Pipes Ltd?

The Market Cap of Prakash Pipes Ltd is 445 Cr..

What is the current Stock Price of Prakash Pipes Ltd as on 25 March 2026?

The current stock price of Prakash Pipes Ltd as on 25 March 2026 is ₹186.

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

In FY 2025-2026, the High / Low of Prakash Pipes Ltd stocks is ₹480/181.

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

The Stock P/E of Prakash Pipes Ltd is 11.1.

What is the Book Value of Prakash Pipes Ltd?

The Book Value of Prakash Pipes Ltd is 191.

What is the Dividend Yield of Prakash Pipes Ltd?

The Dividend Yield of Prakash Pipes Ltd is 1.29 %.

What is the ROCE of Prakash Pipes Ltd?

The ROCE of Prakash Pipes Ltd is 26.8 %.

What is the ROE of Prakash Pipes Ltd?

The ROE of Prakash Pipes Ltd is 20.5 %.

What is the Face Value of Prakash Pipes Ltd?

The Face Value of Prakash Pipes Ltd is 10.0.