Prakash Pipes Ltd
Incorporated in 2017, Prakash Pipes Ltd is in the business of manufacturing of PVC pipes & fittings and Flexible packaging[1]
- Market Cap ₹ 465 Cr.
- Current Price ₹ 194
- High / Low ₹ 480 / 163
- Stock P/E 11.6
- Book Value ₹ 191
- Dividend Yield 1.23 %
- ROCE 26.8 %
- ROE 20.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.02 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
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| -0 | 341 | 385 | 476 | 617 | 709 | 669 | 780 | 749 | |
| -0 | 302 | 347 | 418 | 539 | 626 | 562 | 659 | 682 | |
| Operating Profit | -0 | 39 | 38 | 59 | 77 | 83 | 107 | 121 | 67 |
| OPM % | 11% | 10% | 12% | 13% | 12% | 16% | 16% | 9% | |
| -0 | 5 | 4 | 2 | 3 | 22 | 16 | 9 | 4 | |
| Interest | -0 | 0 | 2 | 2 | 2 | 3 | 4 | 7 | 3 |
| Depreciation | -0 | 5 | 6 | 8 | 11 | 12 | 10 | 11 | 14 |
| Profit before tax | -0 | 38 | 34 | 51 | 67 | 89 | 110 | 112 | 54 |
| Tax % | 25% | 28% | 30% | 30% | 20% | 18% | 26% | ||
| -0 | 29 | 25 | 36 | 47 | 71 | 90 | 83 | 40 | |
| EPS in Rs | -0.00 | 28,550.00 | 12.12 | 14.97 | 19.57 | 29.81 | 37.48 | 34.74 | 16.75 |
| Dividend Payout % | 9% | 10% | 8% | 6% | 4% | 5% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 8% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 21% |
| TTM: | -59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 7% |
| 1 Year: | -58% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 23% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 20 | 20 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | -0 | 89 | 112 | 168 | 211 | 255 | 341 | 420 | 434 |
| -0 | 0 | 5 | 2 | 5 | 10 | 40 | 39 | 13 | |
| -0 | 31 | 41 | 48 | 56 | 57 | 87 | 95 | 90 | |
| Total Liabilities | 0 | 141 | 179 | 241 | 297 | 346 | 493 | 578 | 561 |
| -0 | 43 | 55 | 77 | 101 | 68 | 71 | 127 | 130 | |
| CWIP | -0 | 0 | 0 | 0 | 4 | 5 | 9 | 7 | 9 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | 42 | 13 | 2 |
| 0 | 97 | 124 | 164 | 191 | 273 | 371 | 431 | 420 | |
| Total Assets | 0 | 141 | 179 | 241 | 297 | 346 | 493 | 578 | 561 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -0 | 20 | 14 | 30 | 51 | 42 | 120 | 73 | |
| -0 | -20 | -15 | -33 | -36 | 16 | -46 | -26 | |
| 0 | 0 | 2 | 18 | 0 | 0 | 26 | -10 | |
| Net Cash Flow | 0 | 1 | 0 | 15 | 16 | 59 | 99 | 38 |
| Free Cash Flow | -0 | 0 | -2 | -4 | 14 | 54 | 100 | 15 |
| CFO/OP | 72% | 58% | 62% | 81% | 69% | 121% | 90% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 41 | 34 | 35 | 39 | 41 | 41 | |
| Inventory Days | 24 | 37 | 46 | 34 | 44 | 45 | ||
| Days Payable | 22 | 24 | 19 | 17 | 34 | 29 | ||
| Cash Conversion Cycle | 36 | 54 | 34 | 62 | 55 | 51 | 56 | |
| Working Capital Days | 48 | 41 | 47 | 42 | 40 | 16 | 19 | |
| ROCE % | 70% | 29% | 32% | 32% | 29% | 29% | 27% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Sales Volume - Flexible Packaging MT |
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| Sales Volume - PVC Pipes & Fittings MT |
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| Dealer and Distributor Network (PVC) Numbers |
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| Installed Capacity - Flexible Packaging MTPA |
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| Installed Capacity - PVC Pipes & Fittings MTPA |
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| Debtor Turnover Days Days |
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| Number of Flexible Packaging Customers Numbers |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended 31St March, 2026 And To Consider And Recommend Dividend, If Any On The Equity Shares Of The Company For The Financial Year Ended 31St March, 2026
2d - Board meets 30 May 2026 to approve audited FY26 results and consider dividend.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
15 May - Prakash Pipes confirms it is not a Large Corporate under SEBI circular.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Prakash Pipes confirms it is not a Large Corporate under SEBI circular.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Apr - Newspaper Publication regarding the transfer of unclaimed/unpaid amount of fractional shares to IEPF
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Submitted Regulation 74(5) certificate for Q4 FY2025-26 dematerialization records.
Business Overview:[1][2]
PPL is in the business of manufacturing
PVC pipes and fittings. It also specializes
in sustainable laminates, composites and
barrier films, to create quality packaging solutions. Currently, the company has
~600+ Dealers & retailers in PVC pipes & fittings and ~180+ customers in flexible packaging