Share price
₹230.29 latest close · −19.3% over the last 90 sessions
₹230.29 month-end · −7.2% over 12 months
₹230.29 month-end · −42.9% over 3 years
₹230.29 month-end · +164.5% since Jun '19
52-week range ₹163.21 to ₹334.40 · 1-year volatility 46.0%
Was the rally earned?
Mostly earnings.
- Per-share earnings took off 31 points, while the multiple moved less (P/E 8.7x to 11.2x).
- The share count barely moved.
Both mattered.
- Per-share earnings took off 28 points and the multiple took off 15 points (P/E 13.5x to 11.2x).
- The share count barely moved.
Mostly yes.
- Per-share earnings added 41 points to the rise, while the multiple moved less (P/E 9.8x to 11.2x).
- The share count barely moved.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-79.2% (2019-06 peak to 2020-03 low, recovered 2020-12)
-74.7% (2024-09 peak to 2026-03 low, not yet recovered)
-32.9% (2021-06 peak to 2021-12 low, recovered 2022-04)
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 6.9x to 13.6x since 2019-06.
62% below the Producer Manufacturing median.
The chart loads when you open this tab.
The chart loads when you open this tab.
How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Producer Manufacturing peers?
Each cell is the company's percentile rank among its Producer Manufacturing peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE36th▼ 47 pts vs a year ago
- Op. margin28thflat vs a year ago
- Revenue growth30th▼ 26 pts vs a year ago
- EPS growth19thflat vs a year ago
- Debt/equity ↓79th▲ 10 pts vs a year ago
- Cash cycle ↓71st▼ 4 pts vs a year ago
- P/E ↓90th▼ 6 pts vs a year ago
- 12M momentum49th▲ 45 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory
What is the price implying?
At a P/E of 8.0x, the price would imply about 4.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Below the ₹1,000 cr market-cap floor used for the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Producer Manufacturing The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹230.29
- P/E
- 11.2x
- ROCE
- 12.0%
- Market Cap
- ₹550 cr
- Revenue (TTM)
- ₹826 cr
- P/S
- 0.7x
- P/B
- 1.1x
- ROE
- 10.3%
- Operating Margin
- 8.0%
- Debt / Equity
- 0.0x
- Promoter Holding
- 44.5%
- 12M Momentum
- -7.2%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance24%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 24.2%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate26%Within range
Median quarterly effective tax rate over about 2.5 years: 25.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.99xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 0.99x (cash from operations ₹213 cr, net profit ₹216 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow4 of 5 yrsWithin range
Fiscal years with positive free cash flow in the last 5: 4. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+4 daysWithin range
Debtor days are above the median of the previous three fiscal years by 4 days (45 vs 41). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress13% of fixed assetsWithin range
Capital work-in-progress is 13% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days+1 days / 2 yrsWithin range
Days payable changed by +1 over two years. Bands: rise of up to 30 days; more than 30 days.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, FIIs added 0.6 pts.
- The number of shareholders rose from 77,493 to 81,998 (+6%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like PRAKASH PIPES LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −21% to +46% vs the market, against −3% for all non-financial companies in the same months.
- The gap against the base rate (+3.9%, 80% range −3.9% to +7.0%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 36 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| VETO Producer Manufacturing |
May 2025 | 15x | 12% | +9% | −31% | −9% |
| PLASTIBLEN Process Industries |
Sep 2024 | 21x | 11% | +29% | −19% | −35% |
| GTPL Communications |
May 2024 | 16x | 15% | +54% | −22% | −35% |
| MANAKSIA Non-Energy Minerals |
May 2021 | 7x | 9% | +107% | −7% | +28% |
| DLINKINDIA Electronic Technology |
May 2022 | 14x | 16% | +22% | −29% | +64% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| INSECTICID Process Industries |
Mar 2025 | 13x | 13% | +22% | −42% | −8% |
| IOLCP Process Industries |
Nov 2023 | 19x | 14% | +33% | −13% | −37% |
| MINDTECK Technology Services |
May 2023 | 10x | 12% | 0% | −20% | +47% |
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and P/E. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Aug '22
- AugPeer rankMoved into the 3rd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
- JunResultsRevenue (TTM) reached a new high of ₹788 cr.
- JunValuationP/E crossed above the 90th percentile of its own history to date (17.9x).
- JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on ROCE (from the top quartile).
- JunPriceVolume reached 37.1x its 50-day median on 2026-06-29; price +16.3% that day.
- MarPriceFell 75% from the Sep 2024 peak to the Mar 2026 low.
- MarPriceVolume reached 5.4x its 50-day median on 2026-03-11; price +5.0% that day.
- DecPriceVolume reached 12.9x its 50-day median on 2025-12-10; price +4.7% that day.
Show 22 earlier events
- SepPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
- AugPriceVolume reached 7.7x its 50-day median on 2025-08-18; price -0.7% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the top quartile).
- MayPriceVolume reached 8.2x its 50-day median on 2025-05-30; price -11.7% that day.
- MarPeer rankMoved into the top quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
- DecResultsRevenue (TTM) reached a new high of ₹728 cr.
- SepPeer rankSlipped to the 2nd quartile of Producer Manufacturing on operating margin (from the top quartile).
- AugPriceVolume reached 12.1x its 50-day median on 2024-08-14; price +12.4% that day.
- JulPriceRegained the 2024-01 peak, 4 months after the low.
- MayPriceVolume reached 9.6x its 50-day median on 2024-05-27; price +2.7% that day.
- AprValuationP/E crossed above the 90th percentile of its own history to date (13.0x).
- MarPriceFell 31% from the Jan 2024 peak to the Mar 2024 low.
- NovValuationP/E crossed above the 90th percentile of its own history to date (13.5x).
- OctPriceVolume reached 18.5x its 50-day median on 2023-10-16; price +20.0% that day.
- AugPriceRegained the 2022-04 peak, 5 months after the low.
- AugPriceVolume reached 51.6x its 50-day median on 2023-08-04; price +4.8% that day.
- JunResultsRevenue (TTM) reached a new high of ₹709 cr.
- JunValuationP/E fell below the 10th percentile of its own history to date (5.9x).
- MayPriceVolume reached 16.3x its 50-day median on 2023-05-12; price +9.1% that day.
- MarPriceFell 32% from the Apr 2022 peak to the Mar 2023 low.
- AugPriceVolume reached 8.3x its 50-day median on 2022-08-10; price +6.5% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history90 months · 2019-06 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 11.2x | ₹826 cr | 10.3% | 12.0% | 0.0x |
| 2026-10 | 10.2x | ₹826 cr | 10.0% | 12.0% | 0.0x |
| 2026-09 | 12.3x | ₹826 cr | 10.0% | 12.0% | 0.0x |
| 2026-08 | 14.4x | ₹788 cr | 8.8% | 12.0% | 0.0x |
| 2026-07 | 14.7x | ₹788 cr | 8.8% | 12.0% | 0.0x |
| 2026-06 | 17.9x | ₹788 cr | 8.8% | 12.0% | 0.0x |
| 2026-05 | 12.4x | ₹748 cr | 8.8% | 27.0% | 0.1x |
| 2026-04 | 12.6x | ₹748 cr | 8.8% | 27.0% | 0.1x |
| 2026-03 | 9.8x | ₹748 cr | 8.8% | 27.0% | 0.1x |
| 2026-02 | 9.2x | ₹759 cr | 11.7% | 27.0% | 0.1x |
| 2026-01 | 9.7x | ₹759 cr | 11.7% | 27.0% | 0.1x |
| 2025-12 | 10.9x | ₹759 cr | 11.7% | 27.0% | 0.1x |
| 2025-11 | 8.7x | ₹778 cr | 15.1% | 27.0% | 0.1x |
| 2025-10 | 10.2x | ₹778 cr | 15.1% | 27.0% | 0.1x |
| 2025-09 | 10.7x | ₹778 cr | 15.1% | 27.0% | 0.1x |
| 2025-08 | 9.0x | ₹780 cr | 18.5% | 27.0% | 0.1x |
| 2025-07 | 10.5x | ₹780 cr | 18.5% | 27.0% | 0.1x |
| 2025-06 | 11.5x | ₹780 cr | 18.5% | 27.0% | 0.1x |
| 2025-05 | 9.9x | ₹762 cr | 26.6% | 29.0% | 0.1x |
| 2025-04 | 10.1x | ₹762 cr | 26.6% | 29.0% | 0.1x |
| 2025-03 | 9.9x | ₹762 cr | 26.6% | 29.0% | 0.1x |
| 2025-02 | 9.8x | ₹728 cr | 26.6% | 29.0% | 0.1x |
| 2025-01 | 10.9x | ₹728 cr | 26.6% | 29.0% | 0.1x |
| 2024-12 | 12.4x | ₹728 cr | 26.6% | 29.0% | 0.1x |
| 2024-11 | 12.7x | ₹699 cr | 26.3% | 29.0% | 0.1x |
| 2024-10 | 13.6x | ₹699 cr | 26.3% | 29.0% | 0.1x |
| 2024-09 | 14.4x | ₹699 cr | 26.3% | 29.0% | 0.1x |
| 2024-08 | 16.6x | ₹670 cr | 24.4% | 29.0% | 0.1x |
| 2024-07 | 13.7x | ₹670 cr | 24.4% | 29.0% | 0.1x |
| 2024-06 | 12.1x | ₹670 cr | 24.4% | 29.0% | 0.1x |
| 2024-05 | 13.2x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2024-04 | 13.0x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2024-03 | 11.8x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2024-02 | 13.8x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2024-01 | 14.9x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-12 | 13.3x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-11 | 13.5x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-10 | 11.4x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-09 | 8.9x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-08 | 8.8x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-07 | 6.3x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-06 | 5.9x | ₹709 cr | 25.4% | 29.0% | 0.0x |
| 2023-05 | 8.4x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2023-04 | 7.9x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2023-03 | 7.1x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2023-02 | 7.8x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2023-01 | 8.4x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-12 | 8.3x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-11 | 8.4x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-10 | 8.7x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-09 | 8.7x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-08 | 9.3x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-07 | 8.6x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-06 | 8.4x | ₹617 cr | 20.0% | 32.0% | 0.0x |
| 2022-05 | 11.7x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2022-04 | 12.6x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2022-03 | 10.4x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2022-02 | 10.5x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2022-01 | 10.9x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-12 | 8.7x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-11 | 9.8x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-10 | 10.4x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-09 | 10.6x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-08 | 10.7x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-07 | 11.8x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-06 | 12.2x | ₹476 cr | 18.8% | 32.0% | 0.0x |
| 2021-05 | 12.8x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2021-04 | 11.2x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2021-03 | 10.5x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2021-02 | 9.2x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2021-01 | 8.9x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-12 | 9.6x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-11 | 6.3x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-10 | 6.1x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-09 | 5.9x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-08 | 6.2x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-07 | 5.0x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-06 | 4.5x | ₹385 cr | 18.9% | 29.0% | 0.0x |
| 2020-05 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2020-04 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2020-03 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2020-02 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2020-01 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-12 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-11 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-10 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-09 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-08 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-07 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |
| 2019-06 | — | ₹341 cr | 26.6% | 70.0% | 0.0x |