Prakash Pipes Limited (PPL) - Net Assets
Based on the latest financial reports, Prakash Pipes Limited (PPL) has net assets worth Rs4.58 Billion INR (≈ $49.48 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.61 Billion ≈ $60.63 Million USD) and total liabilities (Rs1.03 Billion ≈ $11.15 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Prakash Pipes Limited (PPL) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.58 Billion |
| % of Total Assets | 81.6% |
| Annual Growth Rate | 361.11% |
| 5-Year Change | 131.63% |
| 10-Year Change | N/A |
| Growth Volatility | 381971.11 |
Prakash Pipes Limited - Net Assets Trend (2018–2025)
This chart illustrates how Prakash Pipes Limited's net assets have evolved over time, based on quarterly financial data. See Prakash Pipes Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Prakash Pipes Limited (2018–2025)
The table below shows the annual net assets of Prakash Pipes Limited from 2018 to 2025. For live valuation and market cap data, see PPL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.44 Billion ≈ $47.99 Million |
+21.51% |
| 2024-03-31 | Rs3.65 Billion ≈ $39.49 Million |
+31.07% |
| 2023-03-31 | Rs2.79 Billion ≈ $30.13 Million |
+18.40% |
| 2022-03-31 | Rs2.35 Billion ≈ $25.45 Million |
+22.84% |
| 2021-03-31 | Rs1.92 Billion ≈ $20.72 Million |
+44.75% |
| 2020-03-31 | Rs1.32 Billion ≈ $14.31 Million |
+21.22% |
| 2019-03-31 | Rs1.09 Billion ≈ $11.81 Million |
+1091600.00% |
| 2018-03-31 | Rs100.00K ≈ $1.08K |
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Equity Component Analysis
This analysis shows how different components contribute to Prakash Pipes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 191610000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.92 Billion | 43.18% |
| Common Stock | Rs239.20 Million | 5.39% |
| Other Comprehensive Income | Rs2.06 Billion | 46.34% |
| Other Components | Rs225.70 Million | 5.09% |
| Total Equity | Rs4.44 Billion | 100.00% |
Prakash Pipes Limited Competitors by Market Cap
The table below lists competitors of Prakash Pipes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xtant Medical Holdings Inc
NYSE MKT:XTNT
|
$67.23 Million |
|
Lark Distilling Co. Ltd
AU:LRK
|
$67.25 Million |
|
DMCC SPECIALITY CHEMICALS LIMITED
NSE:DMCC
|
$67.27 Million |
|
United Recommend International Co Ltd
TWO:5321
|
$67.27 Million |
|
Pacific Petroleum Transportation JSC
VN:PVP
|
$67.18 Million |
|
Forian Inc
NASDAQ:FORA
|
$67.17 Million |
|
NS Co. Ltd
KQ:217820
|
$67.16 Million |
|
Postmedia Network Canada Corp
TO:PNC-B
|
$67.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prakash Pipes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,651,700,000 to 4,437,100,000, a change of 785,400,000 (21.5%).
- Net income of 831,000,000 contributed positively to equity growth.
- Dividend payments of 43,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs831.00 Million | +18.73% |
| Dividends Paid | Rs43.00 Million | -0.97% |
| Other Comprehensive Income | Rs-2.60 Million | -0.06% |
| Total Change | Rs- | 21.51% |
Book Value vs Market Value Analysis
This analysis compares Prakash Pipes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 53069.34x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs0.00 | Rs259.91 | x |
| 2019-03-31 | Rs51.01 | Rs259.91 | x |
| 2020-03-31 | Rs61.84 | Rs259.91 | x |
| 2021-03-31 | Rs87.87 | Rs259.91 | x |
| 2022-03-31 | Rs94.88 | Rs259.91 | x |
| 2023-03-31 | Rs116.57 | Rs259.91 | x |
| 2024-03-31 | Rs152.79 | Rs259.91 | x |
| 2025-03-31 | Rs185.47 | Rs259.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prakash Pipes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.65%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.30x
- Recent ROE (18.73%) is below the historical average (21.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 26.15% | 8.37% | 2.43x | 1.29x | Rs176.33 Million |
| 2020 | 18.70% | 6.43% | 2.15x | 1.35x | Rs115.16 Million |
| 2021 | 18.69% | 7.52% | 1.97x | 1.26x | Rs166.44 Million |
| 2022 | 19.89% | 7.59% | 2.08x | 1.26x | Rs232.69 Million |
| 2023 | 25.59% | 10.05% | 2.05x | 1.24x | Rs434.29 Million |
| 2024 | 24.55% | 13.39% | 1.36x | 1.35x | Rs531.23 Million |
| 2025 | 18.73% | 10.65% | 1.35x | 1.30x | Rs387.29 Million |
Industry Comparison
This section compares Prakash Pipes Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,044,684,047
- Average return on equity (ROE) among peers: 15.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prakash Pipes Limited (PPL) | Rs4.58 Billion | 26.15% | 0.23x | $67.23 Million |
| Ahlada Engineers Limited (AHLADA) | $1.19 Billion | 8.56% | 0.95x | $5.58 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $3.51 Billion | 12.65% | 0.41x | $232.89 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.23 Billion | 9.18% | 1.03x | $4.18 Million |
| Beardsell Limited (BEARDSELL) | $587.67 Million | 14.45% | 1.51x | $12.46 Million |
| Bigbloc Construction Limited (BIGBLOC) | $229.81 Million | 12.73% | 1.90x | $75.01 Million |
| Blue Star Limited (BLUESTARCO) | $2.64 Billion | 66.06% | 3.47x | $3.79 Billion |
| Cera Sanitaryware Limited (CERA) | $1.80 Billion | 25.74% | 1.12x | $858.90 Million |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $541.12 Million |
| Everest Industries Limited (EVERESTIND) | $4.53 Billion | 2.99% | 0.88x | $65.65 Million |
| Exxaro Tiles Limited (EXXARO) | $2.77 Billion | -0.04% | 0.77x | $32.76 Million |
About Prakash Pipes Limited
Prakash Pipes Limited manufactures and sells PVC pipes, fittings, and flexible packaging solutions in India and internationally. It offers uPVC pipes, casing pipes, plumbing uPVC pipes, soil waste rain (SWR) pipes, column pipes, agri pipes, garden pipes, water tanks, HDPE drums, and related fittings catering to applications in irrigation, drainage, housing, and sanitation. The company also provid… Read more