Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Building Products & Equipment

Prince Pipes and Fittings Limited manufactures and sells piping solutions in India. It offers chlorinated polyvinyl chloride (CPVC) hot and cold potable water plumbing systems, unplasticized polyvinyl chloride (UPVC) plumbing systems, and reclaim piping systems; CPVC and poly propylene random copolymer plumbing and industrial systems; poly propylene (PP) drainage system; low noise PP drainage system; low noise soil, waste, and rainwater (SWR) piping system; SWR sealing pipes; and roof water piping systems. The company also provides underground drainage piping system, UPVC underground drainage piping system, inspection chambers, underground double wall corrugated pipes, and FRP manhole and chamber covers; agriculture pressure pipes and fittings, borewell systems, and high density poly ethylene pipes, fitting, and valves; and linear low density poly ethylene water storage tanks. In addition, it offers electrical conduit pipes and fittings, cable ducting pipes, surface drainage systems and pipes; polytetra methylene terephthalate bathware-faucets and showers; and sanitaryware. The company provides its products under the Prince, Trubore, and Aquel brand names. Prince Pipes and Fittings Limited was incorporated in 1987 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for PRINCEPIPE
Revenue projections for PRINCEPIPE

Investors are expected to be cautious with Prince Pipes and Fittings Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 2.118000
forwardPE 20.001413
debtToEquity 17.557000
earningsGrowth -0.557000
revenueGrowth -0.028000
grossMargins 0.253570
operatingMargins 0.038300
trailingEps 3.910000
forwardEps 0.000000

A current ratio of 2.118 for PRINCEPIPE implies that the company has ample liquidity to meet its short-term debts. PRINCEPIPE's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
PRINCEPIPE's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
PRINCEPIPE's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, PRINCEPIPE reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
PRINCEPIPE's low growth in both earnings and revenue indicates a likely decrease in profits. This suggests the company may be facing financial challenges, and investors should be cautious about its future performance.
PRINCEPIPE's negative gross and operating margins point to financial difficulties, as the company is unable to generate profit from its core operations or production. This could signal broader problems in cost management or declining sales.

Price projections:

Price projections for PRINCEPIPE
Price projections for PRINCEPIPE

PRINCEPIPE's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.

Insider Transactions:

Insider Transactions for PRINCEPIPE
Insider Transactions for PRINCEPIPE


1 separate purchases of Prince Pipes and Fittings Limited stock were made, while market price was at 286.70001220703125 per share.No buy transactions took place in the period under consideration.PRINCEPIPE's current price levels have seen more selling than buying, which may indicate potential for further decline. If this trend continues, the stock could experience additional price drops, as selling pressure grows.

Recommendation changes over time:

Recommendations trend for PRINCEPIPE
Recommendations trend for PRINCEPIPE


A recent buy bias from analysts toward PRINCEPIPE indicates strong confidence in the stock's future performance. This could encourage investors to park their money in PRINCEPIPE, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.