NSE: PRINCEPIPE | BSE: 542907

Mid-range Performer

Download real time

334.10 -2.35 (-0.70%)

43.94% Fall from 52W High

289.0K NSE+BSE Volume

NSE 02 Sep, 2025 3:50 PM (IST)

3,693.8

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Dividend

Prince Pipes & Fittings Ltd. has an upcoming dividend of ₹0.50 per share due on 04 Sep 2025 See details

Prince Pipes & Fittings Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PRINCEPIPE, BSE:542907 Prince Pipes & Fittings Ltd.

Prince Pipes & Fittings Ltd.

18 Jan 2024

334.10

-0.70%

Technical pick update 01- PRINCE PIPES FITTING LTD

Buy: Prince Pipes & Fittings Ltd.

IDBI Capital

Prince Pipes & Fitti.. has an average target of 385.50 from 4 brokers.

Prince Pipes & Fittings Ltd.

18 Dec 2023

334.10

-0.70%

Technical Pick- PRINCE PIPES FITTING LTD

Buy: Prince Pipes & Fittings Ltd.

Target

IDBI Capital

Keynote Capitals Ltd decreased Buy price target of Prince Pipes & Fittings Ltd. to 383.0 on 13 Aug, 2025.

Prince Pipes & Fittings Ltd.

08 Nov 2023

334.10

-0.70%

Decent quarter; guides for better volume growth ahead

Accumulate: Prince Pipes & Fittings Ltd.

ICICI Securities Limited

Prince Pipes and Fittings (PRINCPIP) reported Q2FY24 pipe volume growth of 8.0% YoY (4-year CAGR of 4.7%) whereas revenue grew 3.1% YoY as realisation declined 4.5% YoY. Pipe EBITDA/kg grew 86% QoQ to INR 22.7/kg (vs INR -3/kg YoY) on a low base, driven by improved product mix, resulting in EBITDA/APAT growth of 108%/191% QoQ, respectively.

Prince Pipes & Fittings Ltd. is trading above its 150 day SMA of 309.9

Prince Pipes & Fittings Ltd.

15 Sep 2023

334.10

-0.70%

Demand scenario remains steady; better margin outlook

Accumulate: Prince Pipes & Fittings Ltd.

Target

ICICI Securities Limited

We visited the largest plant of Prince Pipes and Fittings (PRINCPIP) situated in Haridwar (Uttarkhand) on Sep 13-14, ‘23, and interacted with its management and its biggest pipe dealer of Haridwar. The Haridwar plant caters to markets primarily in North and East India.

Prince Pipes & Fittings Ltd. is trading above its 150 day SMA of 309.9

Prince Pipes & Fittings Ltd.

16 Aug 2023

334.10

-0.70%

Below par Sales, overall performance fails to impress

Hold: Prince Pipes & Fittings Ltd.

Recommendation

Bonanza

Prince Pipes’s Q1FY24 numbers failed to impress with Revenue declining by 8.3% YoY at ? 554 Cr (as against ? 604 Cr Q1FY23), although, the Volumes increased by 19% YoY at 37,155 MT as compared to 31,250 MT in Q1FY23. The EBITDA was flat, improving by 200bps YoY at ? 45 crore versus ? 44 crore in Q1FY23, with enhanced margins by 80bps YoY to 8.1%.

Prince Pipes & Fittings Ltd. has lost -43.09% in the last 1 Year

Prince Pipes & Fittings Ltd.

12 Aug 2023

334.10

-0.70%

Positive volume surprise, margins to improve from Q2FY24E

Accumulate: Prince Pipes & Fittings Ltd.

Target

ICICI Securities Limited

Prince Pipes and Fittings (PRINCPIP) reported Q1FY24 pipe volume growth of 18.9% YoY (4-year CAGR of 2.3%), while revenue fell 8.4% YoY due to realisation decline of 22.9% YoY. EBITDA/kg declined 13.1% YoY to INR 12.2/kg (-63.6% QoQ) due to adverse product mix (higher agri pipe sales that have lower margins), lower fitting-to-pipe ratio due to ERP issues and inventory loss of ~INR 100mn (adj. EBITDA/kg of ~INR 15/kg).

Prince Pipes & Fittings Ltd. has lost -43.09% in the last 1 Year

Prince Pipes & Fittings Ltd.

11 Aug 2023

334.10

-0.70%

Prince Pipe & Fittings: Q1FY24 Result Review

Buy: Prince Pipes & Fittings Ltd.

Target

IDBI Capital

Prince Pipes & Fitti.. has an average target of 385.50 from 4 brokers.

Prince Pipes & Fittings Ltd.

19 Jun 2023

334.10

-0.70%

Demand trends remain healthy

Accumulate: Prince Pipes & Fittings Ltd.

Recommendation

ICICI Securities Limited

We recently interacted with the management of Prince Pipes and Fittings (PRINCPIP) and learnt inter alia that demand in the ongoing quarter (Q1FY24) is healthy across the segments, i.e. plumbing, agriculture and infrastructure. Plumbing demand is strong as the housing market continues to do well, whereas agriculture demand has picked up due to lower PVC resin prices.

Prince Pipes & Fittings Ltd. is trading below its 50 day SMA of 340.2

Prince Pipes & Fittings Ltd.

30 May 2023

334.10

-0.70%

PRINCE PIPES AND FITTINGS LIMITED

Accumulate: Prince Pipes & Fittings Ltd.

Target

Geojit BNP Paribas

Number of FII/FPI investors decreased from 87 to 62 in Jun 2025 qtr

Prince Pipes & Fittings Ltd.

29 May 2023

334.10

-0.70%

Resilient Performance continues to fuel growth

Buy: Prince Pipes & Fittings Ltd.

Target

Bonanza

Prince Pipes reported robust numbers despite volatility in PVC prices, but still falls short to surpass yearly performance. Reporting a QoQ increase in revenue to ? 764 Cr from ? 706 Cr in Q3FY23, although registering de-growth of 15% YoY. Meanwhile, PAT jumped by a massive 168% QoQ to ? 94 Cr as compared to ? 35 Cr in the previous period, and a slight increase by 7% YoY.

Prince Pipes & Fittings Ltd.'s price crossed above 30Day SMA today

VOTE: Is Prince Pipes & Fittings Ltd. worth buying?

127 Votes:

Buy 80.31%

Sell 14.96%

Hold 4.72%

RESEARCH REPORTS

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