Prakash Pipes Limited
NSE: PPL · Plastic Products - Industrial · sector
₹204.65NSE close 2026-10-26
Key numbers
Market cap₹490 cr
Price₹204.65
52w high / low₹334 / ₹163
P/E9.9xSector median 15.7x
P/B1.0xSector median 1.6x
Book value₹200.2
Dividend yield1.66%Sector median 0.53%
ROE10.7%Sector median 9.1%
ROCE13.9%Sector median 11.5%
OPM8.3%Sector median 10.0%
Debt / equity0.04xSector median 0.16x
EV/EBITDA6.6xSector median 10.0x
Interest cover24.6x
Current ratio2.11x
Sales growth 3y+3.6%Sector median +6.0%
Profit growth 3y-15.3%Sector median +18.9%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 51 companies in Plastic Products - Industrial (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹56 cr vs borrowings ₹19 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 24.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY23).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 32% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹204.65 on 2026-10-26: -38.8% from the 52-week high, +25.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹583.30 · low ₹180.52
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 200 | 192 | 183 | 203 | 181 | 181 | 223 | 241 |
| EBITDA | 31 | 36 | 18 | 16 | 15 | 18 | 17 | 18 |
| OPM % | 15.7% | 18.6% | 9.6% | 8.0% | 8.5% | 9.8% | 7.6% | 7.5% |
| Other income | 5 | 1 | 1 | 2 | 1 | -0 | 6 | 9 |
| Net profit | 24 | 23 | 10 | 10 | 9 | 10 | 13 | 16 |
| EPS (₹) | 10.16 | 9.66 | 4.30 | 4.31 | 3.91 | 4.23 | 5.64 | 6.87 |
| Revenue YoY | -9.6% | -5.9% | +22.0% | +18.7% | ||||
| Profit YoY | -61.5% | -56.3% | +31.0% | +59.3% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 617 | 709 | 669 | 780 | 789 | 827 |
| EBITDA | 77 | 83 | 107 | 118 | 66 | 68 |
| Net profit | 47 | 71 | 90 | 83 | 43 | 49 |
| EPS (₹) | 19.57 | 29.81 | 37.48 | 34.74 | 18.09 | 20.65 |
| Revenue growth | +15.0% | -5.6% | +16.6% | +1.1% | +6.1% | |
| Profit growth | +52.3% | +25.7% | -7.3% | -47.9% | -27.4% | |
| Dividend / share (₹) | 1.20 | 1.20 | 1.20 | 1.80 | 3.40 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +3.6% | +10.6% | +6.1% |
| Net profit | -15.3% | +3.9% | -27.4% |
| EPS | -15.3% | +1.2% | – |
| Share price | – | -36.1% (2y) | -29.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 279 | 365 | 444 | 479 |
| Borrowings | – | 10 | 40 | 39 | 19 |
| Cash & equivalents | – | 121 | 258 | 270 | 56 |
| Total assets | – | 346 | 493 | 578 | 604 |
| Fixed assets | – | 68 | 71 | 127 | 136 |
| Capital work in progress | – | 5 | 9 | 7 | 18 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 75 | 75 | 87 | 97 |
| Inventory | – | 49 | 55 | 67 | 84 |
| Payables | – | 25 | 43 | 43 | 56 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 51 | 42 | 120 | 73 | 20 |
| Cash from investing | -36 | 16 | -46 | -26 | -197 |
| Cash from financing | 0 | 0 | 26 | -10 | -32 |
| Capex | 38 | 7 | 19 | 59 | 24 |
| Free cash flow | 13 | 36 | 100 | 14 | -4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 25.6% | 24.5% | 18.7% | 9.0% |
| ROCE % | – | 32.1% | 28.0% | 24.7% | 12.3% |
| Debtor days | – | 39 | 41 | 41 | 45 |
| Inventory days | – | 34 | 44 | 45 | 52 |
| Payable days | – | 17 | 34 | 29 | 35 |
| Cash conversion cycle (days) | – | 56 | 51 | 57 | 62 |
| Working capital days | – | 102 | 157 | 146 | 60 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 44.50% |
| FIIs | 0.14% |
| DIIs | 0.03% |
| of which Mutual funds | 0.01% |
| of which Insurance | 0.00% |
| Public (non-institutions) | 55.34% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 44.41% | 44.41% | 44.41% | 44.41% | 44.41% | 44.50% | 44.50% | 44.50% |
| Promoter group | % |
|---|---|
| VED Prakash Agarwal | 19.11% |
| GMK Builders PVT. Ltd. | 4.27% |
| Welter Securities Ltd. | 2.62% |
| Prime Mercantile PVT. Ltd. | 1.93% |
| Hi-tech Mercantile (India) PVT. Ltd. | 1.29% |
| Shree Labh Lakshmi Capital Services PVT. Ltd. | 1.21% |
| VED Prakash Agarwal (HUF) | 1.15% |
| Ambrosia Commerce PVT. Ltd. | 1.01% |
| Evershine Mercantile LLP | 1.00% |
| Dhruv Commerce LLP | 0.93% |
| Prakash Capital Services Ltd. | 0.79% |
| Samyak Securities LLP | 0.78% |
| Focus Securities & Credits PVT. Ltd. | 0.76% |
| Rourkela Steel LLP | 0.75% |
| Hissar Tubes LLP | 0.71% |
| Public holders above 1% | % |
|---|---|
| Mukul Mahavir Agrawal | 2.36% |
| Nilkanth Fincon Private Limited | 1.25% |
78,634 shareholders. Pledged: 0.00% of promoter shares.
Peers in Plastic Products - Industrial
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUPREMEIND | ₹41,291 cr | 40.0x | 6.7x | 17.4% | 19.6% | 14.4% | +6.8% | 1.07% |
| ASTRAL | ₹36,288 cr | 63.0x | 8.9x | 15.0% | 20.0% | 16.0% | +8.4% | 0.28% |
| GRWRHITECH | ₹16,208 cr | 38.0x | 5.6x | 15.7% | 19.8% | 22.9% | +13.8% | 0.17% |
| KINGFA | ₹8,901 cr | 39.4x | 6.4x | 21.2% | 21.9% | 14.2% | +12.4% | 0.00% |
| FINPIPE | ₹8,775 cr | 14.2x | 1.4x | 10.0% | 12.1% | 17.5% | -2.2% | 2.53% |
| TIMETECHNO | ₹7,839 cr | 15.4x | 1.9x | 14.0% | 15.7% | 14.3% | +12.5% | 0.75% |
| PRINCEPIPE | ₹2,805 cr | 27.5x | 1.7x | 6.3% | 8.1% | 10.2% | -1.4% | 0.20% |
| JISLJALEQS | ₹1,701 cr | 56.5x | 0.3x | -0.9% | 4.5% | 11.2% | +3.6% | – |
| JAICORPLTD | ₹1,545 cr | 16.5x | 1.0x | 6.4% | 8.2% | 12.7% | -4.7% | 6.25% |
| PPL | ₹490 cr | 9.9x | 1.0x | 10.7% | 13.9% | 8.3% | +3.6% | 1.66% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| PVC PIPE AND FITTINGS | ₹424 cr | 53.8% | ₹50 cr | 11.8% |
| FLEXIBLE PACKAGING | ₹364 cr | 46.2% | ₹8 cr | 2.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-16 | Dividend | Dividend - Rs 2.40 Per Share |
| 2025-12-24 | Dividend | Interim Dividend - Re 1 Per Share |
| 2025-09-16 | Dividend | Dividend - Rs 2.40 Per Share |
| 2024-09-17 | Dividend | Dividend - Rs 1.80 Per Share |
| 2023-09-18 | Dividend | Dividend - Rs 1.20 Per Share |
| 2022-09-13 | Dividend | Annual General Meeting/Dividend - Rs 1.20 Per Share |
| 2021-09-14 | Dividend | Dividend - Rs 1.20 Per Share |
| 2020-09-15 | Dividend | Annual General Meeting/Dividend - Rs 1.20 Per Share |
| 2019-09-20 | Dividend | Dividend - Rs 1.2 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Plastic Products - Industrial |
| Sub-industry | Plastic Products - Industrial |
| Symbol | PPL |
| BSE code | 542684 |
| ISIN | INE050001010 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.