Prince Pipes & Fittings Ltd
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.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 7 | 11 | 14 | 21 | 33 | 36 | 36 | 36 | 34 | 37 | 48 | 31 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 78 | 122 | 59 | 230 | 257 | 22 | 10 | 12 | 9 | 6 | 6 | 7 | 7 | 4 |
| Total Debt (INR Cr) | 130 | 63 | 152 | 88 | 264 | 297 | 372 | 323 | 299 | 300 | 356 | 299 | 216 | 179 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.08 | 0.05 | 0.12 | 0.08 | 0.32 | 0.74 | 1.18 | 1.33 | 1.63 | 1.94 | 2.56 | 2.63 | 2.70 | 2.52 |
| 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% |