PRINCEPIPEIndustrials

Prince Pipes And Fittings Limited

Plastic Products - Industrial · ISIN INE689W01016 · BSE 542907 · NSE EQ · FV ₹10
Last price
₹298
+7.92%today
What this company does

Prince Pipes And Fittings Limited operates in Plastic Products - Industrial, part of the Industrials sector. It booked ₹821 cr of revenue in its latest quarter (Q2 FY27) and kept 5.8% of sales as profit. It is the 7th largest of 9 Plastic Products - Industrial companies we track, by market value.

Their stated mission

“is to bring a revolution in the plastic piping industry infrastructure designed to effectively serve the pan-India market.”

In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 125–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns56

How much profit it earns on the money it employs

Balance sheet83

How much it owes, and whether earnings cover the interest

Cash quality70

Whether reported profit actually arrives as cash

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation61

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 38% vs last year
✓ Profit up 226% vs last year
✓ Promoters hold 61%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 5.8% net margin

What if I invest in PRINCEPIPE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 6% a year, it would become
₹16.33 lakh

The slider starts at 6%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹298▲ +7.92%
latest close · 2026-11-04
1-year return
-60.0%
52-wk low ₹24352-wk high ₹897
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio17.2Average
LowAverageHigh
P/B ratio1.92Moderate
Below bookModerateHigh
EV / EBITDA8.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.1%Fair
WeakFairStrong ▸15%
Return on capital15.1%Strong
WeakFairStrong
Net margin5.8%Decent
ThinDecentStrong
EBITDA margin12.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.06Comfortable
LowModerateHigh ▸1
Interest cover41.2×Strong
RiskyOkayStrong ▸5×
Current ratio2.33Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,292 cr
Book value
₹155
EPS
₹4.32
latest quarter
Net debt
₹39 cr
owes more than its cash
Enterprise value
₹3,331 cr
EBITDA
₹414 cr
annualised
EBIT
₹273 cr
annualised
Operating margin
8.3%
Return on assets
8.3%
Earnings yield
5.80%
P/S
1.00
Sales / share
₹297.0
Tax rate
28.2%
Face value
₹10
Shares
11.1 cr
Working capital
₹678 cr
Current assets
₹1,185 cr
Current liabilities
₹508 cr
Delivery %
42.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹78–₹85, midpoint ₹82

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹821 cr
Other Income₹3 cr
Total Income₹824 cr
Cost of Materials₹547 cr
Purchases of Stock-in-Trade₹31 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹55 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹35 cr
Other Expenses₹85 cr
Total Expenses₹757 cr
Profit before Tax₹67 cr
Tax Expense₹19 cr
Net Profit₹48 cr
Net margin on total income5.8%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹581 cr70.5%
Employee benefit expense₹55 cr6.7%
Finance costs₹2 cr0.2%
Depreciation & amortisation₹35 cr4.3%
Other expenses₹85 cr10.3%
Tax expense₹19 cr2.3%
Profit for the period₹48 cr5.8%
Total income ₹824 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue850 cr609 cr821 cr
Total income855 cr613 cr824 cr
Expenses779 cr571 cr757 cr
Profit before tax76 cr43 cr67 cr
Tax20 cr9 cr19 cr
Net profit (owners' share)56 cr34 cr48 cr
Net margin (owners' share, on revenue)6.6%5.5%5.8%
EPS (₹)5.073.054.32
YoY (latest quarter): total income +38.2% · net profit +226.4%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹2,310 cr
Shareholder equity
₹1,715 cr
parent shareholders
Total debt
₹98 cr
Cash
₹59 cr
Cash flow · H1 FY27
Operating
₹46 cr
Investing
₹-52 cr
Financing
₹-64 cr
Peer comparison
Plastic Products - Industrial · by market value
CompanyPriceMarket capP/E
Supreme Industries Limited₹3,300₹41,927 cr39.9
Astral Limited₹1,388₹37,343 cr77.6
Garware Hi-Tech Films Limited₹7,396₹17,180 cr33.2
Kingfa Science & Technology (India) Limited₹6,737₹9,130 cr28.5
Finolex Industries Limited₹138₹8,534 cr18.6
Time Technoplast Limited₹167₹8,218 cr17.7
Prince Pipes And Fittings Limitedthis company₹276₹3,050 cr16.0
Apollo Pipes Limited₹513₹2,261 cr—
Jain Irrigation Systems Limited₹28₹2,087 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.34%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 9 Sep 2026
ActionDetailEx-date
Dividend₹1 / share9 Sep 2026
Dividend₹0.5 / share4 Sep 2025
Dividend₹1 / share4 Sep 2024
Dividend₹2 / share13 Sep 2022
Dividend₹1.5 / share12 Nov 2021
Dividend₹2 / share7 Sep 2021
Who owns it · 2026-09-30
No pledge
Promoter
61.0%
FII / Foreign
3.2%
DII / Domestic
15.1%
Retail / others
20.7%
Smart-money activity
Insider trades
BoughtTEJAL KISHOR MEHTA · -3,000 · ₹9.7 L30 Sep 25
SoldTEJAL KISHOR MEHTA · -3,000 · ₹9.7 L30 Sep 25
SoldTEJAL KISHOR MEHTA · -3,000 · ₹9.9 L26 Sep 25
Bulk / block deals
short— · NSE11026 Aug 26
short— · NSE15 Aug 26
short— · NSE458 Sep 25
Stake changes
SoldVipul Jayant Chheda · promoter→ 7.51% · 1.25 cr19 Jun 25
SoldTarla Jayant Chheda · promoter→ 11.02% · 52.00 L19 Jun 25
SoldParag Jayant Chheda · promoter→ 11.27% · 83.04 L19 Jun 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
Receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.82 cr votes for, 29 against · 0% of mutual funds and other big investors said no
2
Declare final dividend of Re. 1/- (Rupee One) per equity share face value of Rs. 10/- each for the Financial Year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
1.82 cr votes for, 26 against · 0% of mutual funds and other big investors said no
3
Appoint a Director in place of Mr. Vipul J. Chheda (DIN: 00013234), who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
1.81 cr votes for, 1.45 L against · 1% of mutual funds and other big investors said no
4
Re-appoint M/s. N.A. Shah Associates LLP., Chartered Accountants, as Statutory Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
1.82 cr votes for, 277 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 18 named members
owning 61.0% between them · as of 2026-09-30
Parag Jayant Chheda11.27%
Tarla J Chheda11.02%
Parag Jayant Chheda (Trustee of Sunflower Family Trust)7.51%
Vipul Jayant Chheda7.51%
Jayant Shamji Chheda6.02%
Tarla Jayant Chheda (Trustee of Lotus Family Trust)4.70%
Vipul Jayant Chheda (Trustee of Peace Family Trust)4.69%
Vipul Jayant Chheda (Trustee of Unity Family Trust)3.76%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.