Prince Pipes & Fittings Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 26, 2025, 4:07 am

Market Cap	3,026 Cr.
Current Price	274
High / Low	721/262
Stock P/E	41.1
Book Value	142
Dividend Yield	0.37 %
ROCE	14.7 %
ROE	11.4 %
Face Value	10.0
PEG Ratio	4.09

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Prince Pipes & Fittings Ltd

Competitors of Prince Pipes & Fittings Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Dutron Polymers Ltd	84.0 Cr.	140	233/130	33.9	47.1	1.07 %	13.2 %	9.55 %	10.0
Captain Polyplast Ltd	519 Cr.	93.7	128/43.0	30.5	20.7	0.00 %	18.9 %	20.4 %	2.00
Captain Pipes Ltd	236 Cr.	16.0	24.5/14.0	53.2	1.89	0.00 %	25.0 %	17.4 %	1.00
Caprihans India Ltd	200 Cr.	137	195/131		337	0.00 %	1.54 %	15.2 %	10.0
Ashish Polyplast Ltd	15.5 Cr.	45.6	95.4/26.0	21.9	20.9	0.00 %	5.18 %	3.47 %	10.0
Industry Average	5,513.25 Cr	227.70		38.08	85.53	0.19%	13.86%	13.94%	8.00

All Competitor Stocks of Prince Pipes & Fittings Ltd

Quarterly Result

Metric	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	761	331	761	664	901	604	636	706	764	554	656	619	740
Expenses	615	289	638	553	761	560	648	636	616	508	562	543	648
Operating Profit	147	41	123	111	141	44	-11	69	148	45	94	76	92
OPM %	19%	12%	16%	17%	16%	7%	-2%	10%	19%	8%	14%	12%	12%
Other Income	4	2	1	2	0	1	3	1	3	4	22	3	5
Interest	5	3	4	3	4	3	3	2	3	2	1	3	1
Depreciation	15	16	17	18	20	20	21	21	21	22	23	23	24
Profit before tax	131	25	104	92	117	22	-33	48	128	26	93	53	72
Tax %	26%	28%	27%	27%	24%	27%	27%	26%	26%	23%	24%	29%	24%
Net Profit	97	18	76	67	88	16	-24	35	94	20	71	38	55
EPS in Rs	8.84	1.61	6.92	6.09	7.98	1.45	-2.18	3.20	8.51	1.77	6.39	3.40	4.94

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for Prince Pipes & Fittings Ltd based on the most recent figures (Mar 2024) and their trends compared to the previous period:

For Sales, as of Mar 2024, the value is ₹740.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹619.00 Cr. (Dec 2023) to ₹740.00 Cr., marking an increase of ₹121.00 Cr..
For Expenses, as of Mar 2024, the value is ₹648.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹543.00 Cr. (Dec 2023) to ₹648.00 Cr., marking an increase of ₹105.00 Cr..
For Operating Profit, as of Mar 2024, the value is ₹92.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹76.00 Cr. (Dec 2023) to ₹92.00 Cr., marking an increase of ₹16.00 Cr..
For OPM %, as of Mar 2024, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Dec 2023) which recorded 12.00%.
For Other Income, as of Mar 2024, the value is ₹5.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3.00 Cr. (Dec 2023) to ₹5.00 Cr., marking an increase of ₹2.00 Cr..
For Interest, as of Mar 2024, the value is ₹1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹3.00 Cr. (Dec 2023) to ₹1.00 Cr., marking a decrease of ₹2.00 Cr..
For Depreciation, as of Mar 2024, the value is ₹24.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹23.00 Cr. (Dec 2023) to ₹24.00 Cr., marking an increase of ₹1.00 Cr..
For Profit before tax, as of Mar 2024, the value is ₹72.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹53.00 Cr. (Dec 2023) to ₹72.00 Cr., marking an increase of ₹19.00 Cr..
For Tax %, as of Mar 2024, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 29.00% (Dec 2023) to 24.00%, marking a decrease of 5.00%.
For Net Profit, as of Mar 2024, the value is ₹55.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹38.00 Cr. (Dec 2023) to ₹55.00 Cr., marking an increase of ₹17.00 Cr..
For EPS in Rs, as of Mar 2024, the value is ₹4.94. The value appears strong and on an upward trend. It has increased from ₹3.40 (Dec 2023) to ₹4.94, marking an increase of ₹1.54.

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: Unknown

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	957	1,007	1,246	1,315	1,572	1,636	2,072	2,657	2,711	2,569
Expenses	875	908	1,083	1,151	1,388	1,406	1,708	2,241	2,461	2,261
Operating Profit	82	100	163	164	184	230	364	416	250	307
OPM %	9%	10%	13%	12%	12%	14%	18%	16%	9%	12%
Other Income	2	0	2	5	7	6	15	5	9	34
Interest	37	34	36	36	36	33	21	14	11	6
Depreciation	29	30	33	38	44	52	59	70	83	91
Profit before tax	18	37	96	95	111	151	299	337	165	244
Tax %	12%	20%	23%	24%	26%	25%	26%	26%	26%	25%
Net Profit	16	30	74	73	82	113	222	249	121	182
EPS in Rs	3.27	6.15	16.48	8.08	9.12	10.23	20.16	22.56	10.98	16.51
Dividend Payout %	0%	0%	0%	0%	0%	10%	17%	16%	0%	6%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	87.50%	146.67%	-1.35%	12.33%	37.80%	96.46%	12.16%	-51.41%	50.41%
Change in YoY Net Profit Growth (%)	0.00%	59.17%	-148.02%	13.68%	25.48%	58.66%	-84.30%	-63.57%	101.82%

Prince Pipes & Fittings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	10%
3 Years:	7%
TTM:	-2%

Compounded Profit Growth
10 Years:	%
5 Years:	16%
3 Years:	-9%
TTM:	-65%

Stock Price CAGR
10 Years:	%
5 Years:	11%
3 Years:	-25%
1 Year:	-53%

Return on Equity
10 Years:	%
5 Years:	16%
3 Years:	14%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:50 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	48	48	45	90	90	110	110	111	111	111	111
Reserves	106	136	198	227	309	728	933	1,155	1,253	1,434	1,462
Borrowings	300	299	323	372	297	264	88	152	63	130	174
Other Liabilities	142	170	195	291	338	308	451	522	502	449	463
Total Liabilities	596	653	760	980	1,034	1,410	1,583	1,939	1,929	2,123	2,209
Fixed Assets	224	238	269	345	363	489	503	646	681	798	816
CWIP	4	14	18	15	62	8	77	23	24	35	54
Investments	0	2	1	1	1	1	1	12	92	38	42
Other Assets	367	400	473	620	608	913	1,002	1,259	1,133	1,252	1,297
Total Assets	596	653	760	980	1,034	1,410	1,583	1,939	1,929	2,123	2,209

Below is a detailed analysis of the balance sheet data for Prince Pipes & Fittings Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹111.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹111.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,462.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,434.00 Cr. (Mar 2024) to ₹1,462.00 Cr., marking an increase of ₹28.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹174.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹130.00 Cr. (Mar 2024) to ₹174.00 Cr., marking an increase of ₹44.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹463.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹449.00 Cr. (Mar 2024) to ₹463.00 Cr., marking an increase of ₹14.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,209.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,123.00 Cr. (Mar 2024) to ₹2,209.00 Cr., marking an increase of ₹86.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹816.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹798.00 Cr. (Mar 2024) to ₹816.00 Cr., marking an increase of ₹18.00 Cr..
For CWIP, as of Sep 2024, the value is ₹54.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹35.00 Cr. (Mar 2024) to ₹54.00 Cr., marking an increase of ₹19.00 Cr..
For Investments, as of Sep 2024, the value is ₹42.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹38.00 Cr. (Mar 2024) to ₹42.00 Cr., marking an increase of ₹4.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,297.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,252.00 Cr. (Mar 2024) to ₹1,297.00 Cr., marking an increase of ₹45.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,209.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,123.00 Cr. (Mar 2024) to ₹2,209.00 Cr., marking an increase of ₹86.00 Cr..

Notably, the Reserves (₹1,462.00 Cr.) exceed the Borrowings (₹174.00 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 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	123	86	94	162	219	102	292	-20	360	33
Cash from Investing Activity +	-30	-51	-67	-170	-105	-368	-70	20	-142	-126
Cash from Financing Activity +	-93	-35	-24	6	-105	257	-214	22	-128	48
Net Cash Flow	-0	0	3	-2	9	-9	8	23	90	-45

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-218.00	-199.00	-160.00	-208.00	-113.00	-34.00	276.00	264.00	187.00	177.00

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 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	81	87	69	66	58	40	58	60	56	83
Inventory Days	57	49	72	96	65	112	60	119	74	88
Days Payable	38	48	42	78	70	59	83	77	56	50
Cash Conversion Cycle	99	87	99	84	54	93	35	102	74	121
Working Capital Days	87	84	77	64	39	67	54	91	69	102
ROCE %		15%	25%	21%	21%	21%	29%	28%	12%	15%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	63.25%	62.94%	62.94%	62.94%	62.94%	62.94%	60.94%	60.94%	60.94%	60.94%	60.94%	60.94%
FIIs	3.60%	4.84%	3.96%	4.15%	3.98%	4.41%	6.25%	6.12%	5.01%	5.74%	5.15%	6.44%
DIIs	11.77%	13.75%	14.04%	14.51%	14.58%	15.45%	15.75%	16.38%	18.56%	18.41%	18.53%	18.37%
Public	21.38%	18.47%	19.05%	18.39%	18.51%	17.19%	17.06%	16.56%	15.49%	14.91%	15.37%	14.24%
No. of Shareholders	1,81,666	2,10,335	2,55,137	2,63,696	2,75,190	2,61,131	2,47,938	2,35,368	2,05,896	2,00,095	2,05,460	1,83,979

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Mirae Asset Large & Midcap Fund	4,474,359	1.02	308.33	800,000	2025-02-23	459.29%
DSP Small Cap Fund	3,569,331	1.88	245.96	800,000	2025-02-23	346.17%
Mirae Asset Midcap Fund	2,173,688	1.17	149.79	800,000	2025-02-23	171.71%
Mirae Asset ELSS Tax Saver Fund	2,140,573	0.78	147.51	800,000	2025-02-23	167.57%
Aditya Birla Sun Life Small Cap Fund	1,187,570	1.63	81.84	800,000	2025-02-23	48.45%
Mirae Asset Aggressive Hybrid Fund	951,814	0.83	65.59	800,000	2025-02-23	18.98%
Mirae Asset Great Consumer Fund	800,000	1.9	55.13	800,000	2025-02-23	0%
UTI Small Cap Fund	514,281	1.03	35.44	800,000	2025-02-23	-35.71%
Aditya Birla Sun Life India GenNext Fund	377,850	0.59	26.04	800,000	2025-02-23	-52.77%
Mirae Asset Multicap Fund	232,461	0.82	16.02	800,000	2025-02-23	-70.94%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	14.88	10.98	22.62	20.16	11.77
Diluted EPS (Rs.)	16.51	10.98	22.62	20.16	11.77
Cash EPS (Rs.)	24.75	18.49	28.92	25.56	14.95
Book Value[Excl.RevalReserv]/Share (Rs.)	139.69	123.37	114.44	94.84	76.13
Book Value[Incl.RevalReserv]/Share (Rs.)	139.69	123.37	114.44	94.84	76.13
Dividend / Share (Rs.)	0.00	0.00	3.50	3.50	1.00
Revenue From Operations / Share (Rs.)	232.34	245.19	240.30	188.28	148.66
PBDIT / Share (Rs.)	29.26	23.41	38.09	34.47	21.42
PBIT / Share (Rs.)	21.01	15.90	31.73	29.07	16.70
PBT / Share (Rs.)	22.05	14.91	30.47	27.19	13.69
Net Profit / Share (Rs.)	16.51	10.98	22.56	20.16	10.23
PBDIT Margin (%)	12.59	9.54	15.84	18.30	14.41
PBIT Margin (%)	9.04	6.48	13.20	15.43	11.23
PBT Margin (%)	9.48	6.08	12.67	14.44	9.20
Net Profit Margin (%)	7.10	4.47	9.38	10.70	6.87
Return on Networth / Equity (%)	11.81	8.90	19.71	21.25	13.43
Return on Capital Employeed (%)	14.43	12.61	27.18	29.49	19.99
Return On Assets (%)	8.59	6.54	12.86	13.81	7.97
Long Term Debt / Equity (X)	0.01	0.00	0.00	0.00	0.04
Total Debt / Equity (X)	0.07	0.04	0.11	0.08	0.29
Asset Turnover Ratio (%)	1.29	1.43	1.50	1.37	1.34
Current Ratio (X)	2.43	2.45	1.89	1.89	1.72
Quick Ratio (X)	1.58	1.52	0.93	1.45	1.02
Inventory Turnover Ratio (X)	4.06	3.79	4.52	4.54	4.28
Dividend Payout Ratio (NP) (%)	0.00	0.00	15.44	7.43	11.78
Dividend Payout Ratio (CP) (%)	0.00	0.00	12.04	5.86	8.06
Earning Retention Ratio (%)	0.00	0.00	84.56	92.57	88.22
Cash Earning Retention Ratio (%)	0.00	0.00	87.96	94.14	91.94
Interest Coverage Ratio (X)	49.77	23.51	30.28	18.35	7.11
Interest Coverage Ratio (Post Tax) (X)	26.32	12.03	18.94	11.73	4.39
Enterprise Value (Cr.)	6111.50	5925.58	7104.25	4452.18	1111.26
EV / Net Operating Revenue (X)	2.38	2.19	2.67	2.15	0.67
EV / EBITDA (X)	18.89	22.89	16.87	11.74	4.71
MarketCap / Net Operating Revenue (X)	2.36	2.21	2.64	2.22	0.68
Retention Ratios (%)	0.00	0.00	84.55	92.56	88.21
Price / BV (X)	3.93	4.39	5.54	4.41	1.34
Price / Net Operating Revenue (X)	2.36	2.21	2.64	2.22	0.68
EarningsYield	0.03	0.02	0.03	0.04	0.10

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

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 14.88. This value is within the healthy range. It has increased from 10.98 (Mar 23) to 14.88, marking an increase of 3.90.
For Diluted EPS (Rs.), as of Mar 24, the value is 16.51. This value is within the healthy range. It has increased from 10.98 (Mar 23) to 16.51, marking an increase of 5.53.
For Cash EPS (Rs.), as of Mar 24, the value is 24.75. This value is within the healthy range. It has increased from 18.49 (Mar 23) to 24.75, marking an increase of 6.26.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 139.69. It has increased from 123.37 (Mar 23) to 139.69, marking an increase of 16.32.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 139.69. It has increased from 123.37 (Mar 23) to 139.69, marking an increase of 16.32.
For Dividend / Share (Rs.), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 232.34. It has decreased from 245.19 (Mar 23) to 232.34, marking a decrease of 12.85.
For PBDIT / Share (Rs.), as of Mar 24, the value is 29.26. This value is within the healthy range. It has increased from 23.41 (Mar 23) to 29.26, marking an increase of 5.85.
For PBIT / Share (Rs.), as of Mar 24, the value is 21.01. This value is within the healthy range. It has increased from 15.90 (Mar 23) to 21.01, marking an increase of 5.11.
For PBT / Share (Rs.), as of Mar 24, the value is 22.05. This value is within the healthy range. It has increased from 14.91 (Mar 23) to 22.05, marking an increase of 7.14.
For Net Profit / Share (Rs.), as of Mar 24, the value is 16.51. This value is within the healthy range. It has increased from 10.98 (Mar 23) to 16.51, marking an increase of 5.53.
For PBDIT Margin (%), as of Mar 24, the value is 12.59. This value is within the healthy range. It has increased from 9.54 (Mar 23) to 12.59, marking an increase of 3.05.
For PBIT Margin (%), as of Mar 24, the value is 9.04. This value is below the healthy minimum of 10. It has increased from 6.48 (Mar 23) to 9.04, marking an increase of 2.56.
For PBT Margin (%), as of Mar 24, the value is 9.48. This value is below the healthy minimum of 10. It has increased from 6.08 (Mar 23) to 9.48, marking an increase of 3.40.
For Net Profit Margin (%), as of Mar 24, the value is 7.10. This value is within the healthy range. It has increased from 4.47 (Mar 23) to 7.10, marking an increase of 2.63.
For Return on Networth / Equity (%), as of Mar 24, the value is 11.81. This value is below the healthy minimum of 15. It has increased from 8.90 (Mar 23) to 11.81, marking an increase of 2.91.
For Return on Capital Employeed (%), as of Mar 24, the value is 14.43. This value is within the healthy range. It has increased from 12.61 (Mar 23) to 14.43, marking an increase of 1.82.
For Return On Assets (%), as of Mar 24, the value is 8.59. This value is within the healthy range. It has increased from 6.54 (Mar 23) to 8.59, marking an increase of 2.05.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.07. This value is within the healthy range. It has increased from 0.04 (Mar 23) to 0.07, marking an increase of 0.03.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.29. It has decreased from 1.43 (Mar 23) to 1.29, marking a decrease of 0.14.
For Current Ratio (X), as of Mar 24, the value is 2.43. This value is within the healthy range. It has decreased from 2.45 (Mar 23) to 2.43, marking a decrease of 0.02.
For Quick Ratio (X), as of Mar 24, the value is 1.58. This value is within the healthy range. It has increased from 1.52 (Mar 23) to 1.58, marking an increase of 0.06.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.06. This value is within the healthy range. It has increased from 3.79 (Mar 23) to 4.06, marking an increase of 0.27.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 49.77. This value is within the healthy range. It has increased from 23.51 (Mar 23) to 49.77, marking an increase of 26.26.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 26.32. This value is within the healthy range. It has increased from 12.03 (Mar 23) to 26.32, marking an increase of 14.29.
For Enterprise Value (Cr.), as of Mar 24, the value is 6,111.50. It has increased from 5,925.58 (Mar 23) to 6,111.50, marking an increase of 185.92.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.38. This value is within the healthy range. It has increased from 2.19 (Mar 23) to 2.38, marking an increase of 0.19.
For EV / EBITDA (X), as of Mar 24, the value is 18.89. This value exceeds the healthy maximum of 15. It has decreased from 22.89 (Mar 23) to 18.89, marking a decrease of 4.00.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.36. This value is within the healthy range. It has increased from 2.21 (Mar 23) to 2.36, marking an increase of 0.15.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 3.93. This value exceeds the healthy maximum of 3. It has decreased from 4.39 (Mar 23) to 3.93, marking a decrease of 0.46.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.36. This value is within the healthy range. It has increased from 2.21 (Mar 23) to 2.36, marking an increase of 0.15.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 23) to 0.03, marking an increase of 0.01.

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 Prince Pipes & Fittings Ltd as of February 26, 2025 is: ₹534.23

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 February 26, 2025, Prince Pipes & Fittings Ltd is Undervalued by 94.97% compared to the current share price 274.00

Intrinsic Value of Prince Pipes & Fittings Ltd as of February 26, 2025 is: 587.90

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 February 26, 2025, Prince Pipes & Fittings Ltd is Undervalued by 114.56% compared to the current share price ₹274.00

Last 5 Year EPS CAGR: 10.05%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 18.70%, which is a positive sign. The company has higher reserves (721.91 cr) compared to borrowings (223.82 cr), indicating strong financial stability. The company has shown consistent growth in sales (97.00 cr) and profit (155.30 cr) over the years.	The stock has a high average Working Capital Days of 73.40, which may not be favorable. The stock has a high average Cash Conversion Cycle of 84.80, 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 Prince Pipes & Fittings Ltd:
1. Net Profit Margin: 7.1%
  - 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: 14.43% (Industry Average ROCE: 13.86%)
  - 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%: 11.81% (Industry Average ROE: 11.79%)
  - 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): 26.32
  - 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: 1.58
  - 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: 41.1 (Industry average Stock P/E: 26.36)
  - 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: 0.07
  - 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

Prince Pipes & Fittings Ltd. is a Public Limited Listed company incorporated on 13/11/1987 and has its registered office in the State of Goa, India. Company's Corporate Identification Number(CIN) is L26932GA1987PLC006287 and registration number is 006287. Currently Company is involved in the business activities of Manufacture of plastics products. Company's Total Operating Revenue is Rs. 2568.75 Cr. and Equity Capital is Rs. 110.56 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Plastics - Pipes & Fittings	Plot No.1, Honda Industrial Estate, Honda Goa 403530	investor@princepipes.com http://www.princepipes.com

Management
Name	Position Held
Mr. Jayant Shamji Chheda	Chairman & Managing Director
Mr. Parag Jayant Chheda	Joint Managing Director
Mr. Vipul Jayant Chheda	Executive Director
Mr. Rajendra Gogri	Independent Director
Mrs. Amisha Vora	Independent Director
Mr. Ankur Bansal	Independent Director

FAQ

What is the latest intrinsic value of Prince Pipes & Fittings Ltd?

Let's break down Prince Pipes & Fittings Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 26 February 2025:

Calculated Fair Value: ₹534.23
Current Market Price: ₹274.00
Variance: 94.97% higher

This suggests Prince Pipes & Fittings Ltd is currently undervalued by 94.97%. For context:

Market Cap: 3,026 Cr.
52-Week Range: 721/262
Reserves (Sep 2024): 1,462 Cr
Liabilities: 2,209 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Prince Pipes & Fittings Ltd?

The Market Cap of Prince Pipes & Fittings Ltd is 3,026 Cr..

What is the current Stock Price of Prince Pipes & Fittings Ltd as on 26 February 2025?

The current stock price of Prince Pipes & Fittings Ltd as on 26 February 2025 is ₹274.

What is the High / Low of Prince Pipes & Fittings Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Prince Pipes & Fittings Ltd stocks is 721/262.

What is the Stock P/E of Prince Pipes & Fittings Ltd?

The Stock P/E of Prince Pipes & Fittings Ltd is 41.1.

What is the Book Value of Prince Pipes & Fittings Ltd?

The Book Value of Prince Pipes & Fittings Ltd is 142.

What is the Dividend Yield of Prince Pipes & Fittings Ltd?

The Dividend Yield of Prince Pipes & Fittings Ltd is 0.37 %.

What is the ROCE of Prince Pipes & Fittings Ltd?

The ROCE of Prince Pipes & Fittings Ltd is 14.7 %.

What is the ROE of Prince Pipes & Fittings Ltd?

The ROE of Prince Pipes & Fittings Ltd is 11.4 %.

What is the Face Value of Prince Pipes & Fittings Ltd?

The Face Value of Prince Pipes & Fittings Ltd is 10.0.