|
08 Sep 2025 |
Prince Pipes
|
Consensus Share Price Target
|
323.40 |
382.08 |
- |
18.14 |
buy
|
|
|
|
|
13 Aug 2025
|
Prince Pipes
|
Keynote Capitals Ltd
|
323.40
|
383.00
|
299.65
(7.93%)
|
18.43 |
Buy
|
|
|
Quarterly Update Q1FY26
|
|
08 Aug 2025
|
Prince Pipes
|
IDBI Capital
|
323.40
|
307.00
|
291.15
(11.08%)
|
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
|
323.40
|
440.00
|
298.65
(8.29%)
|
36.05 |
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
|
323.40
|
497.00
|
364.75
(-11.34%)
|
53.68 |
Buy
|
|
|
Initiating Coverage Report
|
|
26 Jun 2025
|
Prince Pipes
|
Geojit BNP Paribas
|
323.40
|
412.00
|
355.30
(-8.98%)
|
27.40 |
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
|
323.40
|
344.00
|
321.10
(0.72%)
|
Target met |
Hold
|
|
|
|
|
05 Mar 2025
|
Prince Pipes
|
Geojit BNP Paribas
|
323.40
|
338.00
|
271.65
(19.05%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2025
|
Prince Pipes
|
IDBI Capital
|
323.40
|
336.00
|
287.00
(12.68%)
|
Target met |
Hold
|
|
|
|
|
11 Nov 2024
|
Prince Pipes
|
IDBI Capital
|
323.40
|
529.00
|
450.95
(-28.28%)
|
63.57 |
Hold
|
|
|
|
|
04 Aug 2024
|
Prince Pipes
|
IDBI Capital
|
323.40
|
701.00
|
634.60
(-49.04%)
|
|
Hold
|
|
|
|
|
03 Aug 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
323.40
|
750.00
|
634.60
(-49.04%)
|
|
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
|
323.40
|
741.00
|
638.10
(-49.32%)
|
|
Accumulate
|
|
|
|
|
21 May 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
323.40
|
750.00
|
641.35
(-49.58%)
|
|
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
|
323.40
|
757.00
|
668.60
(-51.63%)
|
|
Hold
|
|
|
|
|
27 Mar 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
323.40
|
650.00
|
556.70
(-41.91%)
|
Target met |
Hold
|
|
|
PRINCPIP: Faucetware acquisition to accelerate bathware growth engine
|
|
26 Mar 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
323.40
|
650.00
|
565.85
(-42.85%)
|
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
|
323.40
|
659.00
|
562.80
(-42.54%)
|
Target met |
Buy
|
|
|
|
|
07 Feb 2024
|
Prince Pipes
|
BOB Capital Markets Ltd.
|
323.40
|
650.00
|
646.45
(-49.97%)
|
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.
|
323.40
|
650.00
|
673.55
(-51.99%)
|
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
|
323.40
|
789.00
|
673.55
(-51.99%)
|
|
Hold
|
|
|
|