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 ₹ 952 Cr.
- Current Price ₹ 398
- High / Low ₹ 668 / 330
- Stock P/E 11.5
- Book Value ₹ 186
- Dividend Yield 0.45 %
- ROCE 26.8 %
- ROE 20.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 27.4% CAGR over last 5 years
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
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 | |
---|---|---|---|---|---|---|---|---|
0 | 341 | 385 | 476 | 617 | 709 | 669 | 780 | |
0 | 302 | 347 | 418 | 539 | 626 | 562 | 663 | |
Operating Profit | 0 | 39 | 38 | 59 | 77 | 83 | 107 | 118 |
OPM % | 11% | 10% | 12% | 13% | 12% | 16% | 15% | |
0 | 5 | 4 | 2 | 3 | 22 | 16 | 13 | |
Interest | 0 | 0 | 2 | 2 | 2 | 3 | 4 | 7 |
Depreciation | 0 | 5 | 6 | 8 | 11 | 12 | 10 | 11 |
Profit before tax | 0 | 38 | 34 | 51 | 67 | 89 | 110 | 112 |
Tax % | 25% | 28% | 30% | 30% | 20% | 18% | 26% | |
0 | 29 | 25 | 36 | 47 | 71 | 90 | 83 | |
EPS in Rs | 0.00 | 28,550.00 | 12.12 | 14.97 | 19.57 | 29.81 | 37.48 | 34.74 |
Dividend Payout % | 9% | 10% | 8% | 6% | 4% | 5% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 8% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 21% |
TTM: | -7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 34% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 24% |
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 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 20 | 20 | 24 | 24 | 24 | 24 | 24 |
Reserves | 0 | 89 | 112 | 168 | 211 | 255 | 341 | 420 |
0 | 0 | 5 | 2 | 5 | 10 | 40 | 39 | |
0 | 31 | 41 | 48 | 56 | 57 | 87 | 95 | |
Total Liabilities | 0 | 141 | 179 | 241 | 297 | 346 | 493 | 578 |
0 | 43 | 55 | 77 | 101 | 68 | 71 | 127 | |
CWIP | 0 | 0 | 0 | 0 | 4 | 5 | 9 | 7 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 42 | 13 |
0 | 97 | 124 | 164 | 191 | 273 | 371 | 431 | |
Total Assets | 0 | 141 | 179 | 241 | 297 | 346 | 493 | 578 |
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 |
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 | 45 | 47 | 45 | 44 | 34 | 40 | |
ROCE % | 70% | 29% | 32% | 32% | 29% | 33% | 27% |
Documents
Announcements
-
Revised Intimation
9h - BSE fined Rs.1.53 lakh for alleged related party disclosure non-compliance; company contests fine.
-
Company Received Notice From BSE Regarding Fine
1d - BSE fined Rs.1.53 lakh for alleged related party disclosure non-compliance; company disputes violation.
-
Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025, till 48 hours post board meeting on June quarter results.
- Announcement under Regulation 30 (LODR)-Investor Presentation 6 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 May
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