Prince Pipes and Fittings Ltd.
Snapshot View

665.50 -10.10 ▼-1.5%

27 July 2021, 04:00:00 P.M.
Volume: 73,956

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.princepipes.com
Financial Indicators
Market Cap 7,433.34 Cr.
Earnings per share (EPS) 20.16 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 33.51 Trailing Twelve Months Ending 2021-03
Industry PE 44.69 Trailing Twelve Months Ending 2021-03
Book Value / Share 94.84 Trailing Twelve Months Ending 2021-03
Price to Book Value 7.12 Calculated using Price: 675.60
Dividend Yield 0.52 Period Ending 2020-03
No. of Shares Subscribed 11.00 Cr. 110,025,759 Shares
FaceValue 10
Company Profile

The company was incorporated as ‘Prince Pipes and Fittings Private Limited’ on November 13, 1987 at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956. Thereafter, pursuant to Section 43A (1A) of the Companies Act, 1956, the company became a deemed public limited company with effect from July 1, 1998. Further, pursuant to Section 43A (2A) of the Companies Act, 1956, the company converted back into a private company on May 18, 2001. Subsequently, upon conversion into a public limited company pursuant to a special resolution of company’s Shareholders dated August 7, 2017, the name of the company was changed to ‘Prince Pipes and Fittings Limited’, and a fresh certificate of incorporation was issued by the Registrar of Companies, Goa, Daman and Diu (RoC) on August 11, 2017.

Business area of the company:

The company is recognized as one of the leading polymer pipes and fittings manufacturers in India in terms of number of distributors. It markets its products under two brand names: Prince Piping Systems; and Trubore. Due to company’s comprehensive product range, it is positioned as an end-to-end polymer piping systems solution provider. It currently manufacture polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. Its products are used for varied applications in plumbing, irrigation, and soil, waste and rain water (SWR) management. Its product range meets the requirements of both the rural and urban markets.

Major Events & Milestones:

  • 1987: Incorporated as a private limited company.
  • 1995: Set up a large scale plastic injection moulding and extrusion unit in Athal, Dadra and Nagar Haveli.
  • 2000: New plant set up at Dadra for pipe manufacturing.
  • 2008: New plant set up at Haridwar for manufacturing pipes and pipe fittings.
  • 2012: Acquisition of plants in Chennai and Kolhapur of Trubore Piping System, a division of Chemplast Sanmar.
  • 2013: Merger of Kenson Manufacture Private into Company.
  • 2017: Conversion from a private limited company to a public limited company.
  • 2019: Investment by South Asia Growth Fund II Holdings LLC and South Asia EBT Trust.

Awards & accreditations:

  • 2010: Award for outstanding quality contribution in the pipe sector at the Infrastructure & Construction Industry Awards-EPC World Awards, 2010.
  • 2015: Silver certificate of merit at the Frost & Sullivan Indian Manufacturing Excellence Awards 2015.
  • 2015: Award from the Brihanmumbai Licensed Plumbers Association in recognition of company’s outstanding contribution to the plumbing industry.
  • 2016: Digital Transformation Awards 2016 – Transformation with Cloud Networking by Citrix.
  • 2016: Award in recognition of company’s contribution to the 17th Mega Property Exhibition of CREDAI-Builders’ Association of Navi Mumbai.
  • 2016: Certificate of appreciation for active association at the Gujarat Premier 10th Mega Industrial Exhibition VCCI Global Trade Show 2016.
  • 2017: The Economic Times Polymers Awards 2017 – for Excellence in Building and Construction (Plumbing) Large Enterprises.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.49%
1 Week
-4.72%
1 Month
-4.40%
3 Month
+35.93%
6 Month
+125.59%
1 Year
+518.78%
2 Year
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 11.92 40.21 25.96 11.29 17.68 34.18 26.06 23.03 18.25
Return on Capital Employed (%) 4.12 14.64 18.83 12.46 16.02 25.11 21.08 21.44 20.49
Return on Assets (%) 2.58 8.26 5.84 2.89 5.01 10.52 8.36 7.80 8.53

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 80 111 144 160 192 243 317 399 838
Non Curr. Liab. 61 141 112 100 119 137 189 145 81
Curr. Liab. 250 284 338 333 338 380 475 582 594
Minority Int.
Equity & Liab. 391 536 594 593 649 761 980 1,126 1,513
Non Curr. Assets 180 226 233 234 258 294 437 500 565
Curr. Assets 211 310 361 359 392 467 543 626 948
Misc. Exp. not W/O
Total Assets 391 536 594 593 649 761 980 1,126 1,513

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 519 853 1,006 957 1,009 1,247 1,315 1,572 1,636
Other Income 7 2 1 2 6 7 7
Total Income 519 853 1,013 959 1,010 1,249 1,321 1,579 1,643
Total Expenditure -494 -782 -903 -871 -906 -1,084 -1,152 -1,388 -1,407
PBIDT 25 71 110 88 105 165 169 191 236
Interest -48 -37 -35 -36 -36 -36 -33
Depreciation -14 -21 -26 -29 -29 -33 -38 -44 -52
Taxation -2 -12 -2 -5 -10 -22 -22 -29 -38
Exceptional Items
PAT 9 38 33 17 31 74 73 82 113

Cash Flow View Details

Particulars 9 years 2010-03 Rs. Cr. 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -13 2 4 23 97 162 219 -155
Cash Fr. Inv. -8 -34 -78 -36 -68 -170 -105 -111
Cash Fr. Finan. 20 35 74 13 -26 6 -105 257
Net Change -1 3 0 -1 3 -2 9 -9
Cash & Cash Eqvt 4 7 7 6 3 0 9 0

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2018-08 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 100.00 95.51 63.25 63.25 63.25 63.25 63.25 63.25 63.25
Public 0.00 4.49 36.74 36.75 36.75 36.75 36.75 36.75 36.75
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 14 Jul 2021
Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 we would like to inform the Exchanges that on July 13 2021 Company has received a letter from CRISIL Limited a credit rating agency in relation to the credit rating assigned to the mentioned instruments of the Company amounting to Rs. 469 Crore.

-Ratings upgraded to CRISIL A/Positive/CRISIL A1
Mon, 12 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Shailesh Bhaskar
Designation :- Company Secretary and Compliance Officer
Thu, 08 Jul 2021
Shareholding for the Period Ended June 30 2021
Prince Pipes and Fittings Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Close Crossing Current Month Low Close Crossing Current Month Low
Closing Near 50 EMA Closing Near 50 EMA

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