PRINCEPIPE

Prince Pipes & Fittings Share Price

₹544.25
-2.7 (-0.49%)
  • Advice
  • Hold
15 October, 2024 08:24 BSE: 542907 NSE: PRINCEPIPE ISIN: INE689W01016

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Prince Pipes & Fittings Performance

Day Range

  • Low 543
  • High 554
₹ 544

52 Week Range

  • Low 521
  • High 776
₹ 544
  • Open Price554
  • Previous Close547
  • Volume129589

Prince Pipes & Fittings Chart

  • Over 1 Month -6.05%
  • Over 3 Month -18.45%
  • Over 6 Month -11.06%
  • Over 1 Year -18.56%

Prince Pipes & Fittings Key Statistics

P/E Ratio 32.1
PEG Ratio 0.6
Market Cap Cr 6,017
Price to Book Ratio 3.9
EPS 15
Dividend 0.2
Relative Strength Index 32.8
Money Flow Index 18.53
MACD Signal -10.33
Average True Range 11.78

Prince Pipes & Fittings Investment Rating

  • Master Rating:
  • Prince Pipes And Fittings has an operating revenue of Rs. 2,619.67 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 9% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 29% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 8 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 105 indicates it belongs to a poor industry group of Bldg-Constr Prds/Misc and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Prince Pipes & Fittings Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 604740619656554764
Operating Expenses Qtr Cr 546648543562508616
Operating Profit Qtr Cr 5892769445148
Depreciation Qtr Cr 262423232221
Interest Qtr Cr 113123
Tax Qtr Cr 9181522634
Net Profit Qtr Cr 255538712094
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,5852,719
Operating Expenses Annual Cr 2,2612,461
Operating Profit Annual in Cr 307250
Depreciation Cr 9183
Interest Annual Cr 711
Tax Annual Cr 6143
Net Profit Annual Cr 182121
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 33360
Cash from Investing Activity Annual Cr -126-148
Cash from Financing Annual Activity Cr 48-122
Net Cash Flow Annual Cr -4590
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,5441,364
Fixed Assets Annual Cr 833704
Total Non Current Assets Annual Cr 877729
Total Current Assets Annual Cr 1,2471,125
Total Assets Annual Cr 2,1231,854
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 140123
ROE Annual % 129
ROCE Annual % 1413
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1310
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Prince Pipes & Fittings Technicals

EMA & SMA

Current Price
₹544.25
-2.7 (-0.49%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹559.55
  • 50 Day
  • ₹581.49
  • 100 Day
  • ₹602.95
  • 200 Day
  • ₹620.74
  • 20 Day
  • ₹562.53
  • 50 Day
  • ₹577.66
  • 100 Day
  • ₹621.00
  • 200 Day
  • ₹628.04

Prince Pipes & Fittings Resistance and Support

PIVOT
₹547.09
Resistance
First Resistance 551.17
Second Resistance 558.08
Third Resistance 562.17
RSI 32.80
MFI 18.53
MACD Single Line -10.33
MACD -10.87
Support
First Support 540.17
Second Support 536.08
Third Supoort 529.17

Prince Pipes & Fittings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 145,475 10,501,840 72.19
Week 106,885 6,451,554 60.36
1 Month 139,706 8,027,530 57.46
6 Month 220,536 10,978,287 49.78

Prince Pipes & Fittings Result Highlights

Prince Pipes & Fittings Synopsis

NSE-Bldg-Constr Prds/Misc

Prince Pipes & Fitti is involved in the business activities of Manufacture of plastics products. Company’s Total Operating Revenue is Rs. 2568.75 Cr. and Equity Capital is Rs. 110.56 Cr. for the Year ended 31/03/2024. Prince Pipes & Fittings Ltd. is a Public Limited Listed company incorporated on 13/11/1987 and has its registered office in the State of Goa, India. Company’s Corporate Identification Number(CIN) is L26932GA1987PLC006287 and registration number is 006287.
Market Cap 6,017
Sales 2,620
Shares in Float 4.31
No of funds 101
Yield 0.18
Book Value 3.9
U/D Vol ratio 0.9
LTDebt / Equity 1
Alpha -0.17
Beta 0.76

Prince Pipes & Fittings Shareholding Pattern

Owner NameSep-24Jun-24Mar-24Dec-23
Promoters 60.94%60.94%60.94%60.94%
Mutual Funds 16.48%16.1%15.6%15.83%
Insurance Companies 0.57%0.6%0.55%0.18%
Foreign Portfolio Investors 7.27%6.44%5.15%5.74%
Individual Investors 12.92%12.69%14%13.49%
Others 1.82%3.23%3.76%3.82%

Prince Pipes & Fittings Management

Name Designation
Mr. Jayant Shamji Chheda Chairman & Managing Director
Mr. Parag Jayant Chheda Joint Managing Director
Mr. Vipul Jayant Chheda Executive Director
Mr. Rajendra Gogri Independent Director
Mrs. Amisha Vora Independent Director
Mr. Ankur Bansal Independent Director

Prince Pipes & Fittings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Prince Pipes & Fittings Corporate Action

Date Purpose Remarks
2024-08-01 Quarterly Results
2024-05-16 Audited Results & Final Dividend
2024-02-05 Quarterly Results
2023-11-07 Quarterly Results
2023-08-10 Quarterly Results
Date Purpose Remarks
2022-09-14 FINAL Rs.2.00 per share(20%)Final Dividend
2021-11-15 INTERIM Rs.1.50 per share(15%)Interim Dividend
2021-09-08 FINAL Rs.2.00 per share(20%)Final Dividend

About Prince Pipes & Fittings

Prince Pipes and Fittings Ltd. is a leading global manufacturer of pipes and fittings headquartered in India, specializing in plastic and metal piping solutions. Established in 1987, the company has a strong market presence in the pipes and fittings industry and focuses on quality and innovation.

Market Position: Co. is among the top six companies in the pipes and fittings business, with around 5% of the PVC pipe market. More than 7200 SKUs, distributed across 10 warehouses and more than 1500 channel partners in India, enable this. Brand Portfolio: Under the Prince and Trubore brands, the company offers polymer piping solutions in five different polymer types: CPVC, UPVC, HDPE, PPR, and LLDP.

Brand-New Location: Co. has purchased property in the Begusarai industrial area of Bihar to construct its eighth manufacturing plant. This factory will meet the needs of North East India and begin commercial production in Q4FY25. In Q3FY24, the company performed the bhoomi puja for the same. Also, the company suggested raising capital expenditures from about Rs. 150 crores to about Rs. 220 crores in order to put up a fittings line at the facility.

Acquisition: Under an asset purchase agreement with Klaus Waren Fixtures Private Limited ("KWFPL") and Narshi Mulji Shah (the "Asset Purchase Agreement"), the company purchased Aquel brand assets (along with all IP rights) on March 24 for approximately Rs. 55 crores. The acquisition was made in two tranches. This acquisition is strategically made for the bathroom and fittings market.

Prince Pipes & Fittings FAQs

What is Share Price of Prince Pipes & Fittings ?

Prince Pipes & Fittings share price is ₹544 As on 15 October, 2024 | 08:10

What is the Market Cap of Prince Pipes & Fittings ?

The Market Cap of Prince Pipes & Fittings is ₹6017.3 Cr As on 15 October, 2024 | 08:10

What is the P/E ratio of Prince Pipes & Fittings ?

The P/E ratio of Prince Pipes & Fittings is 32.1 As on 15 October, 2024 | 08:10

What is the PB ratio of Prince Pipes & Fittings ?

The PB ratio of Prince Pipes & Fittings is 3.9 As on 15 October, 2024 | 08:10

Is it a good time to buy Prince Pipes and Fittings shares?

Consider the company's performance in the pipes and fittings sector and its financial stability before investing.

What are the most important metrics that can help to analyze the share price of Prince Pipes and Fittings?

Key metrics include production volumes, sales revenue, and profit margins.

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Q2FY23