Prince Pipes and Fittings Ltd - Stock Valuation and Financial Performance

BSE: 542907 | NSE: PRINCEPIPE | Plastic Products | Small Cap

Prince Pipes & Fitti Share Price

549.45 -7.35 -1.32%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Prince Pipes & Fitti

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Prince Pipes and Fittings stock performance -

mw4me loader
P/E Ratio (SA):
27.73
Market Cap:
6,156 Cr.
52-wk low:
521.6
52-wk high:
775.8

Is Prince Pipes and Fittings Ltd an attractive stock to invest in?

1. Is Prince Pipes and Fittings Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Prince Pipes and Fittings Ltd is a good quality company.

2. Is Prince Pipes and Fittings Ltd undervalued or overvalued?

The key valuation ratios of Prince Pipes and Fittings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Prince Pipes and Fittings Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prince Pipes and Fittings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Prince Pipes & Fitti:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Prince Pipes and Fittings Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 15.1%9%11.8%18.9%15.9%15.1%15.6%21.6%20.5%9.2%-
Value Creation
Index
0.1-0.3-0.10.40.20.10.10.50.5-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0069571,0091,2471,3151,5721,6362,0722,6572,7112,593
Sales YoY Gr.--4.9%5.4%23.5%5.5%19.5%4.1%26.7%28.3%2%-
Adj EPS 3.41.83.28.38.28.810.620.622.811.120.1
YoY Gr.--48%81%154.6%-0.6%6.7%21%94.2%10.7%-51.4%-
BVPS (₹) 1516.719.926.935.144.175.994.6114.4123.4134.4
Adj Net
Profit
3317.231.174.373.978.8116226252122222
Cash Flow from Ops. 22.612387.996.8162219102292-19.5360-
Debt/CF from Ops. 15.82.43.43.32.31.42.50.3-7.70.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.6%15.6%18.3%2%
Adj EPS 13.9%6.2%1.5%-51.4%
BVPS26.4%28.6%17.6%7.8%
Share Price - - 10.1% 2.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2611.317.734.226.42218.824.121.89.315.6
Op. Profit
Mgn %
10.3910.313.212.711.714.417.815.89.314
Net Profit
Mgn %
3.31.83.165.657.110.99.54.58.6
Debt to
Equity
2.51.91.61.31.20.80.30.10.10-
Working Cap
Days
11312712611714714615212813113872
Cash Conv.
Cycle
7591757177525637516944

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.34%

Return on Equity has declined versus last 3 years average to 15.60%

Net Profit has been subdued in last 3 years 1.46%

Sales growth is not so good in last 4 quarters at -8.19%

Latest Financials - Prince Pipes and Fittings Ltd.

Standalone Consolidated
TTM EPS (₹) 20.1 -
TTM Sales (₹ Cr.) 2,593 -
BVPS (₹.) 134.4 -
Reserves (₹ Cr.) 1,376 -
P/BV 4.14 -
PE 27.73 -
From the Market
52 Week Low / High (₹) 521.55 / 775.75
All Time Low / High (₹) 75.00 / 896.65
Market Cap (₹ Cr.) 6,156
Equity (₹ Cr.) 110.6
Face Value (₹) 10
Industry PE 35.2

Management X-Ray of Prince Pipes & Fitti:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Prince Pipes & Fitti

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,0069571,0091,2461,3151,5721,6362,0722,6572,711
Operating Expenses 9038719061,0841,1521,3881,4071,7102,2412,461
Manufacturing Costs3841417783819588100121
Material Costs7737257458899211,1271,1241,3771,8912,092
Employee Cost 4347515868788686101110
Other Costs 4858686079102102158149138
Operating Profit 10386103163163184229362416250
Operating Profit Margin (%) 10.3%9.0%10.2%13.0%12.4%11.7%14.0%17.5%15.6%9.2%
Other Income 72126771859
Interest 48373536363633211411
Depreciation 26292933384452597083
Exceptional Items 0000000000
Profit Before Tax 3522419695111151299337165
Tax 251022222938778743
Profit After Tax 331731747382113222249121
PAT Margin (%) 3.3%1.8%3.1%6.0%5.5%5.2%6.9%10.7%9.4%4.5%
Adjusted EPS (₹)3.41.83.28.28.19.110.220.222.611.0
Dividend Payout Ratio (%)0%0%0%0%0%0%10%17%16%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1441601912433163978351,0411,2651,364
Share Capital 484848459090110110111111
Reserves 961121431982263077259311,1551,253
Minority Interest0000000000
Debt3322782752953162512438515058
Long Term Debt88718910614610639000
Short Term Debt2442061861891701462048515058
Trade Payables457699102197215181314399320
Others Liabilities 737983121151262254142125112
Total Liabilities 5945936497619801,1261,5131,5831,9391,854

Fixed Assets

Gross Block3393623993014134716467119211,027
Accumulated Depreciation1151381643369107157208275347
Net Fixed Assets224224235269345363489503646681
CWIP 34141815628772324
Investments 001111111292
Inventories129113101174242201345227619426
Trade Receivables204212239237239250180331435415
Cash Equivalents 66912102225723059124
Others Assets2834505012922623521414793
Total Assets 5945936497619801,1261,5131,5831,9391,854

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 231238897162219102292-20360
PBT 3522419695111151299337165
Adjustment 72686370807797709388
Changes in Working Capital -8436-9-47461-108-13-353147
Tax Paid 0-3-8-22-16-31-37-65-96-40
Cash Flow From Investing Activity -36-30-51-68-170-105-368-7020-148
Capex -36-31-50-68-104-83-119-121-169-100
Net Investments 00-1100035185-53
Others 010-1-67-22-2491655
Cash Flow From Financing Activity 13-95-35-266-105257-21422-122
Net Proceeds from Shares 000000339-1110
Net Proceeds from Borrowing 0000000000
Interest Paid -36-34-31-35-35-36-33-21-14-11
Dividend Paid 000000-11-17-39-22
Others 48-61-4941-69-39-17664-89
Net Cash Flow -1-333-29-982390
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)25.9611.2917.6834.1826.0623.0318.2523.6521.639.24
ROCE (%)18.8312.4616.0225.1121.0821.4420.4928.7327.5812.4
Asset Turnover Ratio1.921.741.751.891.521.521.31.411.561.49
PAT to CFO Conversion(x)0.77.242.841.312.222.670.91.32-0.082.98
Working Capital Days
Receivable Days60737665665646435155
Inventory Days42433638575058485667
Payable Days30314341596764666963

Prince Pipes and Fittings Ltd Stock News

Prince Pipes and Fittings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prince Pipes & Fitti on 28-Mar-2024 16:01 is ₹549.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Prince Pipes & Fitti stood at ₹6,156.
The latest P/E ratio of Prince Pipes & Fitti as of 28-Mar-2024 16:01 is 27.73.
The latest P/B ratio of Prince Pipes & Fitti as of 28-Mar-2024 16:01 is 4.14.
The 52-week high of Prince Pipes & Fitti is ₹775.8 and the 52-week low is ₹521.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prince Pipes & Fitti is ₹2,593 ( Cr.) .

About Prince Pipes and Fittings Ltd

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