Prakash Pipes Limited (IN:PPL)
:PPL
Want to see IN:PPL full AI Analyst Report?
Top Page
Prakash Pipes Limited
(PPL)
Select Model
Select Model
Rating:63Neutral
Price Target:
₹212.00
▼(-12.16% Downside)
Action:Reiterated
Date:06/04/26
The score is driven primarily by mixed financial performance—low leverage and balance-sheet strength are positives, but FY2026 margin compression and weakened cash conversion (near-zero/negative free cash flow) are key risks. Technicals are neutral-to-slightly weak, while a low P/E and modest dividend yield provide some valuation support.
Positive Factors
Low leverage / conservative balance sheet
A very low debt-to-equity (~0.04 in FY2026) and rising equity provide structural financial flexibility. This conservative capital structure supports durability through construction cycles, enables capacity investment or working-capital support without refinancing stress, and lowers bankruptcy risk over the medium term.
Negative Factors
Material margin compression in FY2026
Sharp margin deterioration reflects cost or pricing pressure that materially erodes profitability. If higher resin/raw-material costs or weaker pricing persist, reduced margins will limit reinvestment, restrain ROE recovery, and require sustained volume gains to restore prior profitability levels.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
A very low debt-to-equity (~0.04 in FY2026) and rising equity provide structural financial flexibility. This conservative capital structure supports durability through construction cycles, enables capacity investment or working-capital support without refinancing stress, and lowers bankruptcy risk over the medium term.
Read all positive factors
Prakash Pipes Limited (PPL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹4.98B
Dividend Yield1.39%
Average Volume (3M)4.02K
Price to Earnings (P/E)12.4
Beta (1Y)1.58
Revenue Growth1.05%
EPS Growth-47.93%
CountryIN
Employees464
SectorBasic Materials
Sector Strength58
IndustryConstruction
Share Statistics
EPS (TTM)22.18
Shares Outstanding23,918,354
10 Day Avg. Volume4,766
30 Day Avg. Volume4,016
Financial Highlights & Ratios
PEG Ratio-0.19
Price to Book (P/B)0.82
Price to Sales (P/S)0.50
P/FCF Ratio-912.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Prakash Pipes Limited Business Overview & Revenue Model
Company Description
Prakash Pipes Limited manufactures and supplies 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 rain pipes; and uPVC fittings, ...
How the Company Makes Money
PPL makes money primarily by manufacturing and selling plastic piping products and related accessories into the building materials and infrastructure supply chain. Its revenue model is largely product-sales driven: (1) Sale of plastic pipes (e.g.,...
Prakash Pipes Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
82
Very Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.60B | 7.89B | 7.80B | 6.69B | 7.09B | 6.17B |
| Gross Profit | 1.99B | 1.38B | 1.87B | 2.02B | 1.77B | 1.48B |
| EBITDA | 900.90M | 664.60M | 1.30B | 1.23B | 1.05B | 805.40M |
| Net Income | 530.70M | 432.60M | 831.00M | 896.40M | 712.90M | 468.00M |
Balance Sheet | ||||||
| Total Assets | 5.61B | 6.04B | 5.78B | 4.93B | 3.46B | 2.97B |
| Cash, Cash Equivalents and Short-Term Investments | 2.43B | 561.70M | 2.70B | 2.58B | 1.21B | 465.00M |
| Total Debt | 126.80M | 191.70M | 388.60M | 401.80M | 95.80M | 51.70M |
| Total Liabilities | 1.03B | 1.25B | 1.34B | 1.27B | 669.20M | 612.30M |
| Stockholders Equity | 4.58B | 4.79B | 4.44B | 3.65B | 2.79B | 2.35B |
Cash Flow | ||||||
| Free Cash Flow | -24.60M | -4.30M | 129.60M | 1.00B | 357.20M | 133.60M |
| Operating Cash Flow | 99.60M | 234.70M | 718.10M | 1.20B | 424.90M | 511.90M |
| Investing Cash Flow | 2.90M | -2.04B | -286.00M | -459.70M | 155.80M | -356.90M |
| Financing Cash Flow | -269.70M | -278.20M | -56.20M | 255.50M | 5.00M | 4.50M |
Prakash Pipes Limited Technical Analysis
Positive
241.35
Price Trends
201.24
Positive
204.45
Positive
244.93
Negative
Market Momentum
1.69
Negative
63.55
Neutral
69.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PPL, the sentiment is Positive. The current price of 241.35 is above the 20-day moving average (MA) of 198.25, above the 50-day MA of 201.24, and below the 200-day MA of 244.93, indicating a neutral trend. The MACD of 1.69 indicates Negative momentum. The RSI at 63.55 is Neutral, neither overbought nor oversold. The STOCH value of 69.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PPL.
Prakash Pipes Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹107.31B | 17.83 | ― | 1.19% | -0.69% | -25.08% | |
63 Neutral | ₹4.98B | 12.37 | ― | 1.39% | 1.05% | -47.93% | |
63 Neutral | ₹462.37B | 47.97 | ― | 1.05% | 7.38% | -0.72% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ₹416.26B | 76.02 | ― | 0.26% | 12.62% | 2.48% | |
54 Neutral | ₹21.07B | 292.97 | ― | 0.23% | -6.49% | -77.93% | |
54 Neutral | ₹1.25B | 7.66 | ― | ― | -3.96% | -25.42% |
* Basic Materials Sector Average
IN:PPL
Prakash Pipes Limited
224.15
-177.10
-44.14%
IN:APOLLOPIPE
Apollo Pipes Ltd.
497.85
70.99
16.63%
IN:ASTRAL
Astral Limited
1,518.40
-3.74
-0.25%
IN:FINPIPE
Finolex Industries Limited
173.30
-41.20
-19.21%
IN:SUPREMEIND
Supreme Industries Limited
3,602.15
-704.93
-16.37%
IN:TEXMOPIPES
Texmo Pipes & Products Ltd.
42.85
-22.12
-34.05%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.