Skip to main content
Swing Capital

Prakash Pipes Ltd

NSE: PPL BSE: 542684

Incorporated in 2017, Prakash Pipes Ltd is in the business of manufacturing of PVC pipes & fittings and Flexible packaging[1]

₹181
52W: ₹163 — ₹480
PE 10.9 · Book ₹191 · -5% vs book
Market Cap₹434 Cr
Stock P/E10.9Price to Earnings
ROCE26.8%Return on Capital
ROE20.5%Return on Equity
Div. Yield1.28%Face Value ₹10

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Stock is trading at 0.95 times its book value
  • +Company has delivered good profit growth of 27.4% CAGR over last 5 years
  • +Company's working capital requirements have reduced from 25.1 days to 19.4 days

Shareholding Pattern

Promoters44.5%
FIIs0.43%
DIIs0.01%
Public55.06%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters44.27%44.41%▲0.144.41%44.41%44.41%44.41%44.41%44.5%▲0.1
FIIs0.93%2%▲1.11.67%▼0.31.29%▼0.41%▼0.30.54%▼0.50.46%▼0.10.43%▼0.0
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public54.8%53.58%▼1.253.91%▲0.354.29%▲0.454.59%▲0.355.04%▲0.455.14%▲0.155.06%▼0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales171158165205200192183203181181
Expenses147128135172169157165187166163
Operating Profit24303033313618161518
OPM %14%19%18%16%16%19%10%8%8%10%
Net Profit2323252524231010910
EPS ₹9.489.6710.610.6210.169.664.34.313.914.23

AI Insights

Revenue Trend

TTM revenue at ₹749Cr, down 4% YoY. OPM at 9%.

Debt Position

Borrowings at ₹13Cr. Debt-to-equity ratio: 0.03x. Healthy balance sheet.

Capex Cycle

CWIP at ₹9Cr (7% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.01% (-0.01pp change). FIIs: 0.43% (+0.12pp change). Promoters hold 44.5%.

Margin & Efficiency

ROCE improving from 0% (Mar 2018) to 27% (Mar 2025). Working capital days: 19.

Valuation

PE 10.9x with 26.8% ROCE. Price is -5% above book value of ₹191. Dividend yield: 1.28%.

Recent Announcements