Financials Prince Pipes and Fittings Limited Bombay S.E.

Equities

PRINCEPIPE

INE689W01016

Construction Supplies & Fixtures

Market Closed - Bombay S.E. 06:00:49 2024-04-26 am EDT 5-day change 1st Jan Change
635.2 INR +1.73% Intraday chart for Prince Pipes and Fittings Limited +3.67% -14.61%

Valuation

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,294 45,930 70,123 59,979 70,173 - -
Enterprise Value (EV) 1 11,294 44,480 70,123 59,979 68,866 68,635 67,843
P/E ratio 10 x 20.7 x 28 x 49.4 x 41.4 x 30.5 x 25.2 x
Yield 0.97% 0.84% 0.32% - 0.43% 0.58% 0.74%
Capitalization / Revenue 0.69 x 2.22 x 2.64 x 2.21 x 2.78 x 2.38 x 2.07 x
EV / Revenue 0.69 x 2.15 x 2.64 x 2.21 x 2.73 x 2.33 x 2 x
EV / EBITDA 4.94 x 12.3 x 16.9 x 24 x 22.2 x 17.4 x 14.4 x
EV / FCF -4.1 x 27.6 x -37.3 x 23 x 52.9 x 107 x 33.6 x
FCF Yield -24.4% 3.62% -2.68% 4.34% 1.89% 0.94% 2.97%
Price to Book 1.35 x 4.4 x 5.54 x 4.4 x 4.67 x 4.14 x 3.73 x
Nbr of stocks (in thousands) 110,026 110,026 110,561 110,561 110,561 - -
Reference price 2 102.6 417.4 634.2 542.5 634.7 634.7 634.7
Announcement Date 6/25/20 5/12/21 5/19/22 5/25/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,357 20,715 26,568 27,109 25,235 29,423 33,860
EBITDA 1 2,288 3,616 4,156 2,503 3,096 3,952 4,707
EBIT 1 1,768 3,022 3,453 1,673 2,200 2,936 3,514
Operating Margin 10.81% 14.59% 13% 6.17% 8.72% 9.98% 10.38%
Earnings before Tax (EBT) 1 1,506 2,991 3,369 1,648 2,290 3,092 3,759
Net income 1 1,125 2,218 2,494 1,214 1,673 2,291 2,774
Net margin 6.88% 10.71% 9.39% 4.48% 6.63% 7.79% 8.19%
EPS 2 10.23 20.15 22.62 10.98 15.34 20.84 25.20
Free Cash Flow 1 -2,753 1,612 -1,882 2,604 1,301 641.8 2,018
FCF margin -16.83% 7.78% -7.08% 9.6% 5.15% 2.18% 5.96%
FCF Conversion (EBITDA) - 44.58% - 104.01% 42.02% 16.24% 42.87%
FCF Conversion (Net income) - 72.67% - 214.43% 77.74% 28.01% 72.76%
Dividend per Share 2 1.000 3.500 2.000 - 2.744 3.689 4.725
Announcement Date 6/25/20 5/12/21 5/19/22 5/25/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 7,611 5,490 7,614 3,306 7,610 6,640 9,012 6,041 6,365 12,406 7,059 7,644 5,536 6,663 6,444 6,920 5,804
EBITDA 1 - 1,029 1,468 412.6 1,227 1,111 1,405 438.5 -113.5 325 694.7 1,483 453.1 834.7 840.1 925.9 -
EBIT 826.5 - - - - - 1,206 - - - 484.2 1,272 - - 558 641.3 483.5
Operating Margin 10.86% - - - - - 13.38% - - - 6.86% 16.64% - - 8.66% 9.27% 8.33%
Earnings before Tax (EBT) 1 789.4 889.7 1,312 - - - 1,167 - - - 468 1,278 255.6 503 772 802 -
Net income 1 578.2 667.9 972.2 177.5 - - 882.3 160.3 -241.1 -80.87 353.9 941.2 196.2 453.2 471.3 527.8 -
Net margin 7.6% 12.17% 12.77% 5.37% - - 9.79% 2.65% -3.79% -0.65% 5.01% 12.31% 3.54% 6.8% 7.31% 7.63% -
EPS 2 - - 8.810 - - - 8.000 - - - 3.200 8.510 1.770 4.200 3.600 4.700 -
Dividend per Share - - - - - - - - - - - - - - - - -
Announcement Date 11/3/20 2/3/21 5/12/21 8/5/21 11/2/21 2/3/22 5/19/22 8/9/22 11/9/22 11/9/22 2/7/23 5/25/23 8/10/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 1,450 - - 1,307 1,538 2,330
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 -2,753 1,612 -1,882 2,604 1,301 642 2,018
ROE (net income / shareholders' equity) 18.2% 23.6% 21.6% 9.24% 11.7% 14.4% 15.7%
ROA (Net income/ Total Assets) 9.21% 14.7% 14.2% 6.4% 11.9% 12.1% 15.7%
Assets 1 12,220 15,081 17,609 18,966 14,062 18,935 17,666
Book Value Per Share 2 76.10 94.80 114.0 123.0 136.0 153.0 170.0
Cash Flow per Share - - - - - - -
Capex 1 1,188 1,459 1,692 1,007 1,523 2,075 1,036
Capex / Sales 7.26% 7.04% 6.37% 3.71% 6.03% 7.05% 3.06%
Announcement Date 6/25/20 5/12/21 5/19/22 5/25/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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