PRINCEPIPEIndustrials

Prince Pipes And Fittings Limited

Plastic Products - Industrial · ISIN INE689W01016 · BSE 542907 · NSE EQ · FV ₹10
Last price
₹259
+0.54%today
What this company does

Prince Pipes And Fittings Limited operates in Plastic Products - Industrial, part of the Industrials sector. It booked ₹609 cr of revenue in its latest quarter (Q1 FY27) and kept 5.5% 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:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 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)
33

At close. Not part of the score.

Profitability & returns43

How much profit it earns on the money it employs

Balance sheet75

How much it owes, and whether earnings cover the interest

Cash quality70

Whether reported profit actually arrives as cash

Growth & consistency43

Whether sales and profit have grown, and how steadily

Valuation59

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
Profit up 600% vs last year
Promoters hold 61%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 5.5% 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 We do not publish price targets or predict returns.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
₹259 +0.54%
latest close · 2026-09-17
1-year return
-57.1%
52-wk low ₹25252-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 ratio21.2Average
LowAverageHigh
P/B ratio1.74Moderate
Below bookModerateHigh
EV / EBITDA8.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.2%Fair
WeakFairStrong ▸15%
Return on capital10.5%Fair
WeakFairStrong
Net margin5.5%Decent
ThinDecentStrong
EBITDA margin13.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.09Comfortable
LowModerateHigh ▸1
Interest cover14.2×Strong
RiskyOkayStrong ▸5×
Current ratio1.96Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,860 cr
Book value
₹149
EPS
₹3.05
latest quarter
Net debt
₹12 cr
owes more than its cash
Enterprise value
₹2,872 cr
EBITDA
₹325 cr
annualised
EBIT
₹185 cr
annualised
Operating margin
7.6%
Return on assets
5.6%
Earnings yield
4.72%
P/S
1.17
Sales / share
₹220.5
Tax rate
21.3%
Face value
₹10
Shares
11.1 cr
Working capital
₹642 cr
Current assets
₹1,308 cr
Current liabilities
₹666 cr
Delivery %
52.5%
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 2026-09-17.

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₹88, midpoint ₹83

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 · Q1 FY27 (consolidated)
Revenue from Operations₹609 cr
Other Income₹4 cr
Total Income₹613 cr
Cost of Materials₹488 cr
Purchases of Stock-in-Trade₹16 cr
Inventory Change (±)₹-101 cr
Employee Benefit Expense₹51 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹35 cr
Other Expenses₹79 cr
Total Expenses₹571 cr
Profit before Tax₹43 cr
Tax Expense₹9 cr
Net Profit₹34 cr
Net margin on total income5.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹403 cr65.6%
Employee benefit expense₹51 cr8.3%
Finance costs₹3 cr0.5%
Depreciation & amortisation₹35 cr5.7%
Other expenses₹79 cr12.8%
Tax expense₹9 cr1.5%
Profit for the period₹34 cr5.5%
Total income ₹613 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue573 cr850 cr609 cr
Total income575 cr855 cr613 cr
Expenses575 cr779 cr571 cr
Profit before tax-2 cr76 cr43 cr
Tax36.6 L20 cr9 cr
Net profit (owners' share)-2 cr56 cr34 cr
Net margin (owners' share, on revenue)-0.4%6.6%5.5%
EPS (₹)-0.215.073.05
YoY (latest quarter): total income +5.2% · net profit +600.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,424 cr
Shareholder equity
₹1,645 cr
parent shareholders
Total debt
₹140 cr
Cash
₹128 cr
Cash flow · H1 FY26
Operating
₹200 cr
Investing
₹-186 cr
Financing
₹-55 cr
Peer comparison
Plastic Products - Industrial · by market value
CompanyPriceMarket capP/E
Supreme Industries Limited₹3,344₹42,491 cr37.8
Astral Limited₹1,399₹37,630 cr78.2
Garware Hi-Tech Films Limited₹6,503₹15,105 cr28.5
Finolex Industries Limited₹154₹9,549 cr20.9
Time Technoplast Limited₹175₹8,615 cr18.6
Kingfa Science & Technology (India) Limited₹5,856₹7,935 cr24.7
Prince Pipes And Fittings Limitedthis company₹259₹2,860 cr21.2
Apollo Pipes Limited₹526₹2,316 cr
Jain Irrigation Systems Limited₹30₹2,216 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.39%
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 · 2026-06-30
No pledge
Promoter
61.0%
FII / Foreign
3.0%
DII / Domestic
15.3%
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 · 11 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.07 cr votes for, 2,788 against · 0% of mutual funds and other big investors said no
2
To declare final dividend of Rs. 0.50/- (Rupees Fifty Paise) per equity share face value of Rs. 10/- each for the Financial Year ended March 31, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
2.07 cr votes for, 2,590 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Parag Chheda (DIN: 00013222), who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 86% of shareholders other than promotersneeded 50%
1.78 cr votes for, 28.66 L against · 14% of mutual funds and other big investors said no
4
To ratify the remuneration payable to Cost Auditors for the Financial Year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
2.07 cr votes for, 3,477 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 2026-06-30
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.