NSE: PPL · BSE: 542684 · ISIN INE050001010
Prakash Pipes Limited stock analysis
Prakash Pipes Limited ranks #3570 in the TickerSutra evidence-ranked universe with a score of 39/100 and 93% data confidence. The latest captured fundamentals show ROCE of 12.5%, quarterly sales growth of 18.7% and quarterly profit growth of 59.3%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.04×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Operating margin has compressed materially
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹617cr | ₹77cr | ₹47cr | 13.0% |
| 2023 | ₹709cr | ₹83cr | ₹71cr | 12.0% |
| 2024 | ₹669cr | ₹107cr | ₹90cr | 16.0% |
| 2025 | ₹780cr | ₹121cr | ₹83cr | 16.0% |
| 2026 | ₹789cr | ₹66cr | ₹43cr | 8.0% |
| TTM | ₹827cr | ₹68cr | ₹49cr | 8.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Prakash Pipes Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineCopy of Newspaper PublicationNSE · 9 Sept 2026Prakash Pipes Limited has informed the Exchange about Copy of Newspaper Publication of Notice of 9th Annual General Meeting, Record Date and E-voting
RoutinePrakash Pipes Ltd - 542684 - Announcement under Regulation 30 (LODR)-Newspaper PublicationBSE · 9 Sept 2026Newspaper Publication of Notice of 9th Annual General Meeting, Record Date and E-voting
MANAGEMENT COMMENTARY
Signals from filed documents
Industry-led collaboration is also advancing this transition. Investor Confidence & Private Equity Interest Strong participation from private equity and strategic investors India’s broader packaging industry underscores the sector’s attractiveness and long-term growth potential, positioning flexible packaging for continued investment, capacity expansion and innovation across India’s evolving packaging landscape. GOVE
Expenses Total expenses of the Company increased by 8.67% from H680.82 crore in FY25 to H739.86 crore in FY26. Raw material costs, accounting for a 80.39% share of the Company’s total expenses, increased 9.47% from H 543.32 crore in FY25 to H594.77 crore in FY26. Employee expenses, accounting for a 6.21% share of the Company’s total expenses, increased 14.70% from H40.07 crore in FY25 to H45.96 crore in FY26.
Inflation is projected to ease as commodity prices stabilise and the effects of earlier monetary tightening take hold, allowing monetary policy to ease as inflationary pressures subside. On the fiscal front, energy price mitigation measures are expected to widen the deficit by around 0.4% of GDP relative to the budgeted path, supporting household incomes and consumption but slowing debt reduction, with public debt pr
Going forward, shifting from broad, price-distorting energy interventions to targeted for vulnerable households and viable firms could achieve similar outcomes at lower fiscal cost. Complementary priorities include expanding renewable energy and grid infrastructure and storage capacity to strengthen sustainability and energy security, alongside harmonising regulatory frameworks, expanding single-window clearance syst
The division is driving its growth from diversified product range and offering customised solutions to its esteemed customers. The division is continually focussing on achieving high margin export orders by increasing its presence in the international markets. FUTURE PROSPECTS The Indian PVC pipe industry in FY27 is projected to grow at a CAGR of ~10-12%.
@ 24%) payable to shareholders whose names appear in the Register of members as on record date. The dividend, if approved by the members, would involve a cash outflow of H574 Lakhs. Prakash Pipes Limited 20 ENVIRONMENT The Company remains committed to environmental sustainability and responsible waste management practices.
of Shares % of Share Holding Upto 5000 84460 99.69 8842594 36.97 5001 – 10000 125 0.15 883047 3.69 10001 – 20000 58 0.07 813769 3.40 20001 – 30000 21 0.02 551345 2.31 30001 – 40000 10 0.01 345977 1.45 40001 – 50000 6 0.01 265837 1.11 50001 – 100000 13 0.02 894417 3.74 100001 – above 27 0.03 11321368 47.33 Total 84720 100.00 23918354 100.00 h) Shareholding Pattern (as on 31st March, 2026) Category No. of Shares % of S
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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