Prince Pipes & Fittings Ltd

Prince Pipes & Fittings Ltd

Next 500 2024
+ 6 More
+ 6 More
OVERVIEW
FINANCIALS

About

Prince Pipes and Fittings is concerned with meeting the country’s growing water demands through innovations in irrigation, plumbing, and sewerage technologies. It boasts one of the largest portfolios of products in its industry, with over 7200 products on offer. The major categories under which its products are manufactured include plumbing, industrial, sewerage drainage pipes and fittings, agriculture and borewell, underground, water storage tanks, cable protection, and surface drainage systems. With the help of 7 manufacturing plants and over 1500 channel partners, Prince Pipes and Fittings are able to reach cities like Pune, Delhi, Kolhapur, Chennai, Kolkata, Jaipur, and Haridwar. The company has even obtained patents for four of its products: the vent cowl, the gully trap, the DWC coupler, and the nahani trap with jali.

Incorporation Year: 1987
Headquarters: Mumbai
Top Management: Jayant Shamji Chheda
Industry: Plastics

Featured In Fortune India Ranking

#492(2021)
Next 500 India
#117(2024)#3(2023)#32(2021)#125(2020)#155(2018)#276(2017)
#117(2024)#3(2023)#32(2021)#125(2020)#155(2018)#276(2017)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,611
(INR Cr)
Net Operating Income
2,569
(INR Cr)
Assets
1,692
(INR Cr)
Profit
183
(INR Cr)
Net Worth
1,544
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS20242023202220212020201920182017201620152014201320122011
Revenue
(INR Cr)
2611
-2.8%
2685
-2.4%
2751
34.6%
2044
18.0%
1732
11.1%
1559
16.3%
1340
2.7%
1304
30.5%
999
3.4%
967
-2.6%
993
17.1%
848
49.9%
566
26.9%
446
-
Net Operating Income
(INR Cr)
2569
-5.24%
2711
2.03%
2657
28.26%
2072
26.65%
1636
4.06%
1572
19.53%
1315
5.50%
1247
23.74%
1007
5.24%
957
-4.88%
1006
25.51%
802
41.77%
566
26.89%
446
0.00%
Profit
(INR Cr)
183
50.3%
121
-51.3%
249
12.4%
222
97.2%
113
37.0%
82
12.9%
73
-1.9%
74
151.1%
30
88.4%
16
-37.5%
25
-34.1%
38
322.8%
9
-33.3%
13
-
Assets
(INR Cr)
1692
17.4%
1441
0.8%
1430
25.1%
1143
1.4%
1128
56.7%
720
1.0%
713
21.7%
585
16.7%
502
6.3%
472
-7.3%
509
20.6%
422
40.1%
301
18.6%
254
-
Net Worth
(INR Cr)
1544
13.2%
1364
7.8%
1265
21.3%
1043
24.6%
838
110.0%
399
26.0%
317
30.5%
243
31.7%
184
19.3%
154
11.0%
139
22.0%
114
42.5%
80
12.7%
71
0.0%
Employee Cost
(INR Cr)
135
22.7%
110
9.1%
101
16.8%
86
0.0%
86
11.2%
78
13.3%
68
18.7%
58
13.4%
51
8.4%
47
11.7%
42
18.2%
36
-
0
-
0
-
Interest Cost
(INR Cr)
7111421333636363437483100
Cash & Bank Balance
(INR Cr)
7812259230257221012966774
Total Debt
(INR Cr)
1306315288264297372323299300356299216179

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS20242023202220212020201920182017201620152014201320122011
Profit As % Of Revenues 7.0%4.5%9.1%10.9%6.5%5.3%5.4%5.7%3.0%1.6%2.5%4.5%1.6%3.0%
Profit As % Of Assets 10.8%8.4%17.4%19.4%10.0%11.4%10.2%12.7%5.9%3.3%4.9%9.0%3.0%5.3%
Profit As % Of Networth 11.8%8.9%19.7%21.3%13.4%20.6%23.0%30.6%16.0%10.2%18.0%33.4%11.3%19.0%
Interest Cost to EBITDA % 2.1%4.4%3.3%5.7%14.5%19.7%22.1%22.4%33.6%45.8%46.9%32.6%--
Debt to Equity Ratio 0.080.050.120.080.320.741.181.331.631.942.562.632.702.52
RONW 12.6%9.2%21.6%23.6%18.2%23.0%26.0%34.8%17.5%10.7%19.8%39.2%11.9%19.0%
ROCE 16.0%12.3%27.3%28.2%19.9%20.6%20.2%24.3%14.5%11.3%17.3%22.3%3.2%5.3%