Prakash Pipes Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹198.59Overvalued by 16.21%vs CMP ₹237.00

P/E (13.1) × ROE (9.4%) × BV (₹200.00) × DY (1.01%)

₹240.64Fairly Valued by 1.54%vs CMP ₹237.00
MoS: +1.5% (Thin)Confidence: 48/100 (Moderate)Models: 5 Under, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹192.5120%Over (-18.8%)
Graham NumberEarnings₹274.5515%Under (+15.8%)
Earnings PowerEarnings₹281.2710%Under (+18.7%)
DCFCash Flow₹166.7912%Over (-29.6%)
Net Asset ValueAssets₹191.787%Over (-19.1%)
EV/EBITDAEnterprise₹436.738%Under (+84.3%)
Dividend DiscountDividends₹12.248%Over (-94.8%)
Earnings YieldEarnings₹167.507%Over (-29.3%)
ROCE CapitalReturns₹440.308%Under (+85.8%)
Revenue MultipleRevenue₹326.615%Under (+37.8%)
Consensus (10 models)₹240.64100%Fairly Valued
Key Drivers: Wide model spread (₹12–₹440) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -3.1%

*Investments are subject to market risks

Analyst Summary

Prakash Pipes Ltd operates in the Plastics - Pipes & Fittings segment, current market price is ₹237.00, market cap is 566 Cr.. At a glance, stock P/E is 13.1, ROE is 9.38 %, ROCE is 12.5 %, book value is 200, dividend yield is 1.01 %. The latest intrinsic value estimate is ₹240.64, which is broadly in line with the current market price. On operating trend, latest reported sales are about ₹780 Cr versus the prior period change of 16.6%, while latest net profit is about ₹83 Cr with a prior-period change of -7.8%. The 52-week range shown on this page is 414/163, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisPrakash 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 L25209PB…

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

Investment Snapshot

61
Prakash Pipes Ltd scores 61/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health72/100 · Strong
ROCE 12.5% GoodROE 9.4% AverageD/E 0.01 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 44.4% Stable
Earnings Quality65/100 · Strong
OPM expanding (13% → 16%) Improving
Quarterly Momentum30/100 · Weak
Revenue (4Q): -2% YoY FlatProfit (4Q): -60% YoY DecliningOPM: 10.0% (down 9.0% YoY) Margin pressure
Industry Rank80/100 · Strong
P/E 13.1 vs industry 52.4 Cheaper than peersROCE 12.5% vs industry 8.6% Above peers3Y sales CAGR: 8% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 7:19 am

Market Cap 566 Cr.
Current Price 237
Intrinsic Value₹240.64
High / Low 414/163
Stock P/E13.1
Book Value 200
Dividend Yield1.01 %
ROCE12.5 %
ROE9.38 %
Face Value 10.0
PEG Ratio-4.28

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

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 566 Cr. 237 414/16313.1 2001.01 %12.5 %9.38 % 10.0
Captain Polyplast Ltd 421 Cr. 70.0 87.8/52.715.4 31.30.00 %17.8 %16.3 % 2.00
Captain Pipes Ltd 155 Cr. 10.1 17.4/7.0552.6 2.780.00 %10.1 %7.14 % 1.00
Caprihans India Ltd 141 Cr. 80.0 168/50.3 2530.00 %2.16 %13.5 % 10.0
Texmo Pipes & Products Ltd 126 Cr. 43.3 69.0/33.09.00 79.00.00 %9.19 %6.29 % 10.0
Industry Average5,817.75 Cr217.8052.4088.660.23%8.58%8.62%8.00

All Competitor Stocks of Prakash Pipes Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 172156176171158165205200192183203181181
Expenses 151137152147128135172169157165187166163
Operating Profit 21192324303033313618161518
OPM % 12%12%13%14%19%18%16%16%19%10%8%8%10%
Other Income 101545551121-0
Interest 1000212221101
Depreciation 3222232333344
Profit before tax 18172227303134323115141213
Tax % 24%-18%15%15%23%18%25%25%27%30%26%25%25%
Net Profit 1320182323252524231010910
EPS in Rs 5.618.267.729.489.6710.6010.6210.169.664.304.313.914.23

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 11:16 am

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 0341385476617709669780749
Expenses 0302347418539626562659682
Operating Profit 0393859778310712167
OPM % 11%10%12%13%12%16%16%9%
Other Income 05423221694
Interest 002223473
Depreciation 05681112101114
Profit before tax 0383451678911011254
Tax % 25%28%30%30%20%18%26%
Net Profit 02925364771908340
EPS in Rs 0.0028,550.0012.1214.9719.5729.8137.4834.7416.75
Dividend Payout % 9%10%8%6%4%5%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-20232023-20242024-2025
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: May 8, 2026, 4:30 am

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.012020242424242424
Reserves 089112168211255341420434
Borrowings 0052510403913
Other Liabilities 03141485657879590
Total Liabilities 0141179241297346493578561
Fixed Assets 04355771016871127130
CWIP 000045979
Investments 00000042132
Other Assets 097124164191273371431420
Total Assets 0141179241297346493578561

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 020143051421207320
Cash from Investing Activity + 0-20-15-33-3616-46-26-197
Cash from Financing Activity + 002180026-10-32
Net Cash Flow 0101516599938-209
Free Cash Flow 00-2-4145410015-4
CFO/OP 72%58%62%81%69%121%90%76%

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.0039.0033.0057.0072.0073.0067.0082.00

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

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 34413435394141
Inventory Days 243746344445
Days Payable 222419173429
Cash Conversion Cycle 36543462555156
Working Capital Days 48414742401619
ROCE %70%29%32%32%29%29%27%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 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 76,44073,97077,49380,01481,85479,84981,13286,61087,15187,28482,99782,050

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

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 34.7437.4829.8119.5717.08
Diluted EPS (Rs.) 34.7437.4829.8118.8816.41
Cash EPS (Rs.) 39.3641.5534.9024.1318.47
Book Value[Excl.RevalReserv]/Share (Rs.) 185.50152.66116.4798.3780.08
Book Value[Incl.RevalReserv]/Share (Rs.) 185.50152.66116.4798.3780.08
Dividend / Share (Rs.) 2.401.801.201.201.20
Revenue From Operations / Share (Rs.) 326.29279.83296.49257.84199.06
PBDIT / Share (Rs.) 54.4451.4643.8033.6425.35
PBIT / Share (Rs.) 49.8247.3938.7129.0821.85
PBT / Share (Rs.) 46.8945.8237.4128.0621.23
Net Profit / Share (Rs.) 34.7437.4729.8019.5714.97
PBDIT Margin (%) 16.6818.3914.7713.0412.73
PBIT Margin (%) 15.2616.9313.0511.2710.97
PBT Margin (%) 14.3716.3712.6110.8810.66
Net Profit Margin (%) 10.6413.3910.057.587.51
Return on Networth / Equity (%) 18.7224.5425.5819.8818.68
Return on Capital Employeed (%) 26.0830.0032.7629.0826.79
Return On Assets (%) 14.3718.1920.6315.7814.82
Long Term Debt / Equity (X) 0.010.020.000.000.00
Total Debt / Equity (X) 0.080.110.030.020.01
Asset Turnover Ratio (%) 1.461.602.212.292.27
Current Ratio (X) 3.573.514.153.063.01
Quick Ratio (X) 3.023.033.362.021.82
Inventory Turnover Ratio (X) 12.818.869.718.368.49
Dividend Payout Ratio (NP) (%) 5.173.204.026.136.84
Dividend Payout Ratio (CP) (%) 4.562.883.434.975.54
Earning Retention Ratio (%) 94.8396.8095.9893.8793.16
Cash Earning Retention Ratio (%) 95.4497.1296.5795.0394.46
Interest Coverage Ratio (X) 18.6332.8333.6933.2541.24
Interest Coverage Ratio (Post Tax) (X) 12.8924.9023.9220.3425.35
Enterprise Value (Cr.) 755.96666.44220.20330.68274.90
EV / Net Operating Revenue (X) 0.960.990.310.530.57
EV / EBITDA (X) 5.815.412.104.114.53
MarketCap / Net Operating Revenue (X) 1.251.260.460.600.64
Retention Ratios (%) 94.8296.7995.9793.8693.15
Price / BV (X) 2.202.311.191.581.60
Price / Net Operating Revenue (X) 1.251.260.460.600.64
EarningsYield 0.080.100.210.120.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 788.71 Cr. and Equity Capital is Rs. 23.92 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Plastics - Pipes & FittingsDarjiyan Wali Gali, Amritsar Punjab 143112Contact not found
Management
NamePosition Held
Mr. V P AgarwalChairman
Mr. Kanha AgarwalManaging Director
Mr. Vikram AgarwalDirector
Mrs. Purnima GuptaIndependent Director
Dr. S C GosainIndependent Director
Mrs. Praveen GuptaIndependent Director

FAQ

What is the intrinsic value of Prakash Pipes Ltd and is it undervalued?

As of 14 June 2026, Prakash Pipes Ltd's intrinsic value is ₹240.64, which is 1.54% higher than the current market price of ₹237.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (9.38 %), book value (₹200), dividend yield (1.01 %), and 5-year EPS CAGR.

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

Prakash Pipes Ltd is trading at ₹237.00 as of 14 June 2026, with a FY2026-2027 high of ₹414 and low of ₹163. The stock is currently in the middle of its 52-week range. Market cap stands at ₹566 Cr..

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

Prakash Pipes Ltd has a P/E ratio of 13.1, which is below the industry average of 52.40. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Prakash Pipes Ltd financially healthy?

Key indicators for Prakash Pipes Ltd: ROCE of 12.5 % is moderate. Dividend yield is 1.01 %.

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

Prakash Pipes Ltd reported a net profit of ₹83 Cr in Mar 2025 on revenue of ₹780 Cr. Compared to ₹47 Cr in Mar 2022, the net profit shows an improving trend.

Does Prakash Pipes Ltd pay dividends?

Prakash Pipes Ltd has a dividend yield of 1.01 % at the current price of ₹237.00. The company pays dividends, though the yield is modest.

Last Updated: June 12, 2026, 7:19 am
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Prakash Pipes Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE