|
30 Aug 2025 |
Prince Pipes
|
Consensus Share Price Target
|
318.65 |
382.08 |
- |
19.91 |
buy
|
|
|
|
|
13 Aug 2025
|
Prince Pipes
|
Keynote Capitals Ltd
|
318.65
|
383.00
|
299.65
(6.34%)
|
20.19 |
Buy
|
|
|
Quarterly Update Q1FY26
|
|
08 Aug 2025
|
Prince Pipes
|
IDBI Capital
|
318.65
|
307.00
|
291.15
(9.45%)
|
Target met |
Hold
|
|
|
Prince Pipes' Q1FY26 result was below our estimates on key parameters. A major factor influencing the industry was the heightened volatility in PVC resin prices, which negatively impacted both volume growth and profitability across the sector. A sharp correction in these prices further resulted in inventory losses for the company in the trade channel, temporarily compressing margins in Q1FY26. The management has guided high single-digit to low double-digit volume growth for FY26E. EBITDA Margin is projected to improve going forward. Q2FY26 is expected to be better than Q1 on margin front, and the second half of...
|
|
07 Aug 2025
|
Prince Pipes
|
Motilal Oswal
|
318.65
|
440.00
|
298.65
(6.70%)
|
38.08 |
Buy
|
|
|
Prince Pipes and Fittings (PRINCPIP) reported a muted quarter amid the ongoing challenges of volatile pricing and the early onset of monsoon, affecting demand.
|
|
04 Jul 2025
|
Prince Pipes
|
Keynote Capitals Ltd
|
318.65
|
497.00
|
364.75
(-12.64%)
|
55.97 |
Buy
|
|
|
Initiating Coverage Report
|
|
26 Jun 2025
|
Prince Pipes
|
Geojit BNP Paribas
|
318.65
|
412.00
|
355.30
(-10.32%)
|
29.30 |
Buy
|
|
|
PPFL is maintaining elevated inventory levels to strategically capture market opportunities, complemented by increased distributor incentives now set at 3%. However, a spillover in inventory loss is expected in Q1FY26 as well. PPFL navigated a challenging FY25, marked by heightened PVC price volatility, channel destocking, and subdued demand due to reduced government spending....
|
|
23 May 2025
|
Prince Pipes
|
IDBI Capital
|
318.65
|
344.00
|
321.10
(-0.76%)
|
Target met |
Hold
|
|
|
|
|
05 Mar 2025
|
Prince Pipes
|
Geojit BNP Paribas
|
318.65
|
338.00
|
271.65
(17.30%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2025
|
Prince Pipes
|
IDBI Capital
|
318.65
|
336.00
|
287.00
(11.03%)
|
Target met |
Hold
|
|
|
|
|
11 Nov 2024
|
Prince Pipes
|
IDBI Capital
|
318.65
|
529.00
|
450.95
(-29.34%)
|
66.01 |
Hold
|
|
|
|
|
04 Aug 2024
|
Prince Pipes
|
IDBI Capital
|
318.65
|
701.00
|
634.60
(-49.79%)
|
|
Hold
|
|
|
|
|
03 Aug 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
318.65
|
750.00
|
634.60
(-49.79%)
|
|
Buy
|
|
|
PRINCPIP's Q1 result came broadly in line with our estimate; gained market share even after tightening credit period in Q1
|
|
22 May 2024
|
Prince Pipes
|
Geojit BNP Paribas
|
318.65
|
741.00
|
638.10
(-50.06%)
|
|
Accumulate
|
|
|
|
|
21 May 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
318.65
|
750.00
|
641.35
(-50.32%)
|
|
Hold
|
|
|
MM: Growth trajectory captured in the valuations. EIM: Powering growth momentum with new launches. VGRD: Early summer sparks a robust quarter. AMBER: Ongoing challenges; maintain SELL. PRINCPIP: Mixed Q4FY24; positive demand outlook
|
|
17 May 2024
|
Prince Pipes
|
IDBI Capital
|
318.65
|
757.00
|
668.60
(-52.34%)
|
|
Hold
|
|
|
|
|
27 Mar 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
318.65
|
650.00
|
556.70
(-42.76%)
|
Target met |
Hold
|
|
|
PRINCPIP: Faucetware acquisition to accelerate bathware growth engine
|
|
26 Mar 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
318.65
|
650.00
|
565.85
(-43.69%)
|
Target met |
Hold
|
|
|
PRINCPIP acquired the faucetware brand Aquel and the manufacturing facility from Klaus Waren Fixtures for Rs 600mn
|
|
22 Mar 2024
|
Prince Pipes
|
Geojit BNP Paribas
|
318.65
|
659.00
|
562.80
(-43.38%)
|
Target met |
Buy
|
|
|
|
|
07 Feb 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
318.65
|
650.00
|
646.45
(-50.71%)
|
Target met |
Hold
|
|
|
AL: Margins continue to improve, maintain BUY. GRLM: Soft quarter on tepid demand environment. ORCMNT: Topline muted as volumes decline. PRINCPIP: Lacklustre quarter on sustained market share loss
|
|
06 Feb 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
318.65
|
650.00
|
673.55
(-52.69%)
|
Target met |
Hold
|
|
|
Q3 PAT came in 36% below our estimate on continued market share bleed and margin pressure
|
|
06 Feb 2024
|
Prince Pipes
|
IDBI Capital
|
318.65
|
789.00
|
673.55
(-52.69%)
|
|
Hold
|
|
|
|