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 ₹ 597 Cr.
- Current Price ₹ 250
- High / Low ₹ 414 / 163
- Stock P/E 13.8
- Book Value ₹ 200
- Dividend Yield 0.96 %
- ROCE 12.5 %
- ROE 9.38 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 10.6% over past five years.
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 341 | 385 | 476 | 617 | 709 | 669 | 780 | 789 | |
| 0 | 302 | 347 | 418 | 539 | 626 | 562 | 659 | 722 | |
| Operating Profit | 0 | 39 | 38 | 59 | 77 | 83 | 107 | 121 | 66 |
| OPM % | 11% | 10% | 12% | 13% | 12% | 16% | 16% | 8% | |
| 0 | 5 | 4 | 2 | 3 | 22 | 16 | 9 | 9 | |
| Interest | 0 | 0 | 2 | 2 | 2 | 3 | 4 | 7 | 3 |
| Depreciation | 0 | 5 | 6 | 8 | 11 | 12 | 10 | 11 | 15 |
| Profit before tax | 0 | 38 | 34 | 51 | 67 | 89 | 110 | 112 | 58 |
| Tax % | 25% | 28% | 30% | 30% | 20% | 18% | 26% | 26% | |
| 0 | 29 | 25 | 36 | 47 | 71 | 90 | 83 | 43 | |
| EPS in Rs | 0.00 | 28,550.00 | 12.12 | 14.97 | 19.57 | 29.81 | 37.48 | 34.74 | 18.09 |
| Dividend Payout % | 9% | 10% | 8% | 6% | 4% | 5% | 7% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 4% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | -10% |
| TTM: | -48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 14% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 17% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 20 | 20 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 0 | 89 | 112 | 168 | 211 | 255 | 341 | 420 | 455 |
| 0 | 0 | 5 | 2 | 5 | 10 | 40 | 39 | 19 | |
| 0 | 31 | 41 | 48 | 56 | 57 | 87 | 95 | 106 | |
| Total Liabilities | 0 | 141 | 179 | 241 | 297 | 346 | 493 | 578 | 604 |
| 0 | 43 | 55 | 77 | 101 | 68 | 71 | 127 | 136 | |
| CWIP | 0 | 0 | 0 | 0 | 4 | 5 | 9 | 7 | 18 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 42 | 13 | 0 |
| 0 | 97 | 124 | 164 | 191 | 273 | 371 | 431 | 450 | |
| Total Assets | 0 | 141 | 179 | 241 | 297 | 346 | 493 | 578 | 604 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 20 | 14 | 30 | 51 | 42 | 120 | 73 | 20 | |
| 0 | -20 | -15 | -33 | -36 | 16 | -46 | -26 | -197 | |
| 0 | 0 | 2 | 18 | 0 | 0 | 26 | -10 | -32 | |
| Net Cash Flow | 0 | 1 | 0 | 15 | 16 | 59 | 99 | 38 | -209 |
| Free Cash Flow | 0 | 0 | -2 | -4 | 14 | 54 | 100 | 15 | -4 |
| CFO/OP | 72% | 58% | 62% | 81% | 69% | 121% | 90% | 76% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 41 | 34 | 35 | 39 | 41 | 41 | 45 | |
| Inventory Days | 24 | 37 | 46 | 34 | 44 | 45 | 52 | ||
| Days Payable | 22 | 24 | 19 | 17 | 34 | 29 | 35 | ||
| Cash Conversion Cycle | 36 | 54 | 34 | 62 | 55 | 51 | 56 | 62 | |
| Working Capital Days | 48 | 41 | 47 | 42 | 40 | 16 | 19 | 34 | |
| ROCE % | 70% | 29% | 32% | 32% | 29% | 29% | 27% | 12% |
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
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
10 Jun - Prakash Pipes allotted 1.30 crore BECIS Solar 3 shares, retaining 26% holding.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
30 May - Q4 FY26 net sales ₹223 crore, PAT ₹13 crore; FY26 sales ₹789 crore, final dividend 24%.
-
Corporate Action-Board approves Dividend
30 May - FY26 audited results: revenue ₹788.71 crore, PAT ₹43.26 crore; final dividend 24% proposed.
- Audited Financial Results For The Period Ended 31St March, 2026 30 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