Prakash Pipes Limited manufactures and supplies poly vinyl chloride (PVC) pipes and fittings, and packaging products in India.
Excellent balance sheet and good value.
Share Price & News
How has Prakash Pipes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 542684's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 542684 performed against the Indian Building industry.
Return vs Market: Insufficient data to determine how 542684 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Prakash Pipes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Prakash Pipes undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 542684 (₹39.4) is trading below our estimate of fair value (₹105.92)
Significantly Below Fair Value: 542684 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 542684 is good value based on its PE Ratio (2.8x) compared to the Building industry average (8.1x).
PE vs Market: 542684 is good value based on its PE Ratio (2.8x) compared to the Indian market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 542684's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 542684 is overvalued based on its PB Ratio (0.7x) compared to the IN Building industry average (0.6x).
How is Prakash Pipes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Prakash Pipes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Prakash Pipes is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Prakash Pipes competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Prakash Pipes performed over the past 5 years?
Historical Capital Goods annual earnings growth
Earnings and Revenue History
Quality Earnings: 542684 has high quality earnings.
Growing Profit Margin: Insufficient data to determine if 542684's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 542684's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 542684's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: Insufficient data to determine if 542684's earnings growth over the past year exceeded the Building industry average.
Return on Equity
High ROE: 542684's Return on Equity (23.8%) is considered high.
How is Prakash Pipes's financial position?
Financial Position Analysis
Short Term Liabilities: 542684's short term assets (₹921.1M) exceed its short term liabilities (₹444.1M).
Long Term Liabilities: 542684's short term assets (₹921.1M) exceed its long term liabilities (₹28.5M).
Debt to Equity History and Analysis
Debt Level: 542684's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 542684's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 542684's debt is well covered by operating cash flow (6130.3%).
Interest Coverage: 542684's interest payments on its debt are well covered by EBIT (382x coverage).
What is Prakash Pipes's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 542684's dividend (3.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 542684's dividend (3.05%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 542684's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 542684's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.6%), 542684's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kanha Agarwal (28yo)
Mr. Kanha Agarwal is Managing Director, Chief Executive Officer and Director of Prakash Pipes Limited since August 9, 2019. He has been Joint Managing Director of Prakash Industries Limited since February ...
|MD, CEO & Director||0.75yr||no data||0.072% ₹579.3k|
|Chairman||no data||no data||1.67% ₹13.4m|
|Non-Executive Director||0.75yr||no data||0.25% ₹2.0m|
|Independent Director||0.67yr||no data||0.015% ₹124.3k|
|Non-Executive Independent Director||1.17yrs||no data||no data|
|Non-Executive Independent Director||no data||no data||no data|
Experienced Board: 542684's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 542684 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: 542684 only recently listed within the past 12 months.
Prakash Pipes Limited's company bio, employee growth, exchange listings and data sources
- Name: Prakash Pipes Limited
- Ticker: 542684
- Exchange: BSE
- Founded: 1981
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹802.441m
- Shares outstanding: 20.42m
- Website: https://www.prakashplastics.in
- Prakash Pipes Limited
- Srivan, Bijwasan
- Najafgarh Road
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PPL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 2019|
|542684||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2019|
Prakash Pipes Limited manufactures and supplies poly vinyl chloride (PVC) pipes and fittings, and packaging products in India. The company offers unplasticised PVC (uPVC) pipes; casing pipes; plumbing uPVC pipes; column pipes; soil, waste, and rain pipes; and uPVC fittings, as well as flexible packaging products. Its PVC products are used in irrigation, drainage, housing, and sanitation purposes; and flexible packaging products are used in the packaging of FMCG, food, beverages, infrastructure, and pharmaceutical products. The company offers its products under the Prakash brand name. Prakash Pipes Limited was founded in 1981 and is based in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 13:42|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.