PRINCEPIPE

Prince Pipes And Fittings Limited

Plastic piping systems and Aquel bathware products

Industrials›Capital Goods›Industrial Products›Plastic Products - Industrial

princepipes.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹282.35
Market cap
3,124 Cr
Stock P/E
30.6
P/B
1.90
Dividend yield
0.2%
ROE (FY26)
4.5%
ROCE (FY26)
6.1%
Operating margin (FY26)
3.9%
Debt / equity (FY26)
0.09
OCF / EBITDA (FY26)
227.3%
OCF / EBITDA (3Y)
96.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Prince Pipes (Prince Pipes and Fittings) makes plastic pipes and fittings for plumbing, agriculture and drainage, plus bathware, and sells them in India through distributors and to project customers.

Company snapshot

7thBy market cap

Ranked among 20 companies in Plastic Products - Industrial.

What we see

Positives
  • ✓97% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is very thin at 2.8% — little room for error if costs rise.
2 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales656 Cr619 Cr740 Cr604 Cr622 Cr578 Cr720 Cr580 Cr595 Cr573 Cr850 Cr609 Cr
Operating expenses (approx.)562 Cr543 Cr648 Cr546 Cr576 Cr575 Cr665 Cr541 Cr539 Cr545 Cr740 Cr532 Cr
EBITDA94 Cr76 Cr92 Cr58 Cr46 Cr3 Cr55 Cr40 Cr55 Cr28 Cr110 Cr77 Cr
OPM %14.3%12.2%12.5%9.6%7.3%0.5%7.6%6.8%9.3%4.9%12.9%12.7%
Other income4 Cr3 Cr5 Cr3 Cr4 Cr2 Cr6 Cr3 Cr2 Cr2 Cr5 Cr4 Cr
Interest0.69 Cr3 Cr1 Cr1 Cr2 Cr3 Cr3 Cr5 Cr4 Cr-4 Cr4 Cr3 Cr
Depreciation23 Cr23 Cr24 Cr26 Cr28 Cr26 Cr27 Cr31 Cr32 Cr34 Cr34 Cr35 Cr
Profit before tax93 Cr53 Cr72 Cr34 Cr20 Cr-25 Cr30 Cr6 Cr20 Cr-2 Cr76 Cr43 Cr
Tax %23.9%29.1%24.4%26.7%28.0%18.9%19.2%24.2%26.0%-18.2%25.8%21.3%
Net profit71 Cr38 Cr55 Cr25 Cr15 Cr-20 Cr24 Cr5 Cr15 Cr-2 Cr56 Cr34 Cr
EPS (₹)₹5.18₹3.40₹4.94₹2.23₹1.33₹-1.85₹2.19₹0.44₹1.32₹-0.21₹5.07₹3.05

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,330 Cr1,321 Cr1,572 Cr1,636 Cr2,072 Cr2,657 Cr2,711 Cr2,569 Cr2,524 Cr2,598 CrSign in free for the trailing twelve months
Operating expenses (approx.)1,167 Cr1,157 Cr1,388 Cr1,407 Cr1,710 Cr2,241 Cr2,461 Cr2,261 Cr2,362 Cr2,367 CrSign in free for the trailing twelve months
EBITDA163 Cr163 Cr184 Cr229 Cr362 Cr416 Cr250 Cr307 Cr162 Cr232 CrSign in free for the trailing twelve months
OPM %12.2%12.4%11.7%14.0%17.5%15.6%9.2%12.0%6.4%8.9%Sign in free for the trailing twelve months
Other income2 Cr6 Cr7 Cr7 Cr18 Cr5 Cr9 Cr16 Cr14 Cr11 CrSign in free for the trailing twelve months
Interest36 Cr36 Cr36 Cr33 Cr21 Cr14 Cr11 Cr7 Cr10 Cr10 CrSign in free for the trailing twelve months
Depreciation33 Cr38 Cr44 Cr52 Cr59 Cr70 Cr83 Cr91 Cr107 Cr131 CrSign in free for the trailing twelve months
Profit before tax96 Cr95 Cr111 Cr151 Cr299 Cr337 Cr165 Cr244 Cr59 Cr99 CrSign in free for the trailing twelve months
Tax %22.7%23.5%26.2%25.3%25.8%26.0%26.3%25.1%26.7%26.1%Sign in free for the trailing twelve months
Net profit74 Cr73 Cr82 Cr113 Cr222 Cr249 Cr121 Cr182 Cr43 Cr73 CrSign in free for the trailing twelve months
EPS (₹)₹7.85₹8.08₹9.12₹11.77₹20.16₹22.62₹10.98₹14.88₹3.90₹6.62Sign in free for the trailing twelve months
Dividend payout %————7.4%15.4%18.2%0.0%25.6%7.5%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital45 Cr90 Cr90 Cr110 Cr110 Cr111 Cr111 Cr111 Cr111 Cr111 Cr
Reserves198 Cr227 Cr309 Cr728 Cr933 Cr1,155 Cr1,253 Cr1,434 Cr1,466 Cr1,534 Cr
Borrowings295 Cr316 Cr251 Cr243 Cr85 Cr150 Cr58 Cr114 Cr264 Cr140 Cr
Other liabilities223 Cr347 Cr384 Cr329 Cr477 Cr524 Cr432 Cr464 Cr479 Cr639 Cr
Total liabilities761 Cr980 Cr1,034 Cr1,410 Cr1,606 Cr1,939 Cr1,854 Cr2,123 Cr2,319 Cr2,424 Cr
Fixed assets (net)264 Cr332 Cr360 Cr481 Cr498 Cr642 Cr680 Cr774 Cr941 Cr1,056 Cr
CWIP18 Cr15 Cr62 Cr8 Cr77 Cr23 Cr19 Cr35 Cr20 Cr24 Cr
Investments0.72 Cr0.74 Cr0.78 Cr5 Cr1 Cr13 Cr92 Cr53 Cr39 Cr154 Cr
Loans & advances———1 Cr4 Cr0.55 Cr0.48 Cr0.41 Cr0.44 Cr0.34 Cr
Inventories174 Cr242 Cr201 Cr345 Cr227 Cr619 Cr426 Cr438 Cr609 Cr495 Cr
Trade receivables237 Cr239 Cr250 Cr180 Cr353 Cr435 Cr415 Cr585 Cr423 Cr363 Cr
Cash & bank3 Cr0.23 Cr9 Cr0.06 Cr8 Cr32 Cr121 Cr76 Cr80 Cr128 Cr
Other assets64 Cr151 Cr152 Cr391 Cr437 Cr176 Cr101 Cr162 Cr206 Cr203 Cr
Total assets761 Cr980 Cr1,034 Cr1,410 Cr1,606 Cr1,939 Cr1,854 Cr2,123 Cr2,319 Cr2,424 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity97 Cr162 Cr219 Cr-155 Cr307 Cr-19 Cr360 Cr33 Cr119 Cr526 Cr
Cash from investing-68 Cr-170 Cr-105 Cr-111 Cr-86 Cr20 Cr-148 Cr-126 Cr-235 Cr-325 Cr
Cash from financing-26 Cr6 Cr-105 Cr257 Cr-213 Cr22 Cr-122 Cr48 Cr120 Cr-153 Cr
Net cash flow3 Cr-2 Cr9 Cr-9 Cr8 Cr23 Cr90 Cr-45 Cr4 Cr48 Cr
Free cash flow (OCF − Capex)28 Cr-8 Cr105 Cr-267 Cr161 Cr-189 Cr260 Cr-161 Cr-138 Cr312 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %24.6%20.8%22.7%17.0%28.3%24.8%12.4%15.1%3.7%6.1%
ROE %30.6%23.0%20.6%13.4%21.3%19.7%8.9%11.8%2.7%4.5%
Debtor days65665840626056836151
Inventory days769868108641187891118101
Days payable44807357707659525180
Cash conversion cycle96845391561017512212972
OCF / EBITDA %59.5%99.3%118.8%-67.6%84.9%-4.7%143.9%10.7%73.5%227.3%
OCF / EBITDA % (3 years)——93.7%39.3%47.9%13.2%63.0%38.4%71.2%96.8%
Debt / equity1.211.000.630.290.080.120.040.070.170.09
Current ratio1.231.141.091.721.891.892.452.432.121.96
Net debt / EBITDA1.791.931.321.060.210.28-0.250.121.140.05