Prince Pipes And Fittings Limited (PRINCEPIPE) - Net Assets
Based on the latest financial reports, Prince Pipes And Fittings Limited (PRINCEPIPE) has net assets worth Rs15.90 Billion INR (≈ $172.00 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 (Rs22.24 Billion ≈ $240.54 Million USD) and total liabilities (Rs6.34 Billion ≈ $68.54 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 Prince Pipes And Fittings Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs15.90 Billion |
| % of Total Assets | 71.51% |
| Annual Growth Rate | 24.47% |
| 5-Year Change | 51.08% |
| 10-Year Change | 755.95% |
| Growth Volatility | 26.33 |
Prince Pipes And Fittings Limited - Net Assets Trend (2013–2025)
This chart illustrates how Prince Pipes And Fittings Limited's net assets have evolved over time, based on quarterly financial data. Also explore PRINCEPIPE total asset value for the complete picture of this company's asset base.
Annual Net Assets for Prince Pipes And Fittings Limited (2013–2025)
The table below shows the annual net assets of Prince Pipes And Fittings Limited from 2013 to 2025. For live valuation and market cap data, see Prince Pipes And Fittings Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs15.76 Billion ≈ $170.49 Million |
+2.07% |
| 2024-03-31 | Rs15.44 Billion ≈ $167.02 Million |
+13.23% |
| 2023-03-31 | Rs13.64 Billion ≈ $147.51 Million |
+7.80% |
| 2022-03-31 | Rs12.65 Billion ≈ $136.83 Million |
+21.26% |
| 2021-03-31 | Rs10.43 Billion ≈ $112.85 Million |
+24.57% |
| 2020-03-31 | Rs8.38 Billion ≈ $90.59 Million |
+109.02% |
| 2019-03-31 | Rs4.01 Billion ≈ $43.34 Million |
+26.59% |
| 2018-03-31 | Rs3.17 Billion ≈ $34.24 Million |
+30.52% |
| 2017-03-31 | Rs2.43 Billion ≈ $26.23 Million |
+31.69% |
| 2016-03-31 | Rs1.84 Billion ≈ $19.92 Million |
+19.27% |
| 2015-03-31 | Rs1.54 Billion ≈ $16.70 Million |
+11.02% |
| 2014-03-31 | Rs1.39 Billion ≈ $15.04 Million |
+22.00% |
| 2013-03-31 | Rs1.14 Billion ≈ $12.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Prince Pipes And Fittings 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 1225.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs11.29 Billion | 71.62% |
| Common Stock | Rs1.11 Billion | 7.01% |
| Other Comprehensive Income | Rs78.07 Million | 0.50% |
| Other Components | Rs3.29 Billion | 20.87% |
| Total Equity | Rs15.76 Billion | 100.00% |
Prince Pipes And Fittings Limited Competitors by Market Cap
The table below lists competitors of Prince Pipes And Fittings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maithan Alloys Limited
NSE:MAITHANALL
|
$310.17 Million |
|
M3-Brigade Acquisition V Corp. Class A Ordinary shares
NASDAQ:MBAV
|
$310.24 Million |
|
Yongyue Science & Tech Co Ltd
SHG:603879
|
$310.24 Million |
|
Alico Inc
NASDAQ:ALCO
|
$310.25 Million |
|
Agencia Comercial Spirits Ltd Class A Ordinary Shares
NASDAQ:AGCC
|
$310.07 Million |
|
Oceania Healthcare Ltd
AU:OCA
|
$310.03 Million |
|
Gateway Distriparks Limited
NSE:GATEWAY
|
$310.00 Million |
|
Broedrene A&O Johansen A/S Series B
CO:AOJ-B
|
$309.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prince Pipes And Fittings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,444,030,000 to 15,764,400,000, a change of 320,370,000 (2.1%).
- Net income of 431,360,000 contributed positively to equity growth.
- Dividend payments of 110,520,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs431.36 Million | +2.74% |
| Dividends Paid | Rs110.52 Million | -0.7% |
| Other Comprehensive Income | Rs-1.00 | -0.0% |
| Other Changes | Rs-470.00K | -0.0% |
| Total Change | Rs- | 2.07% |
Book Value vs Market Value Analysis
This analysis compares Prince Pipes And Fittings 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: 1.82x
- 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 21.84x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs11.88 | Rs259.39 | x |
| 2014-03-31 | Rs15.45 | Rs259.39 | x |
| 2015-03-31 | Rs17.15 | Rs259.39 | x |
| 2016-03-31 | Rs20.46 | Rs259.39 | x |
| 2017-03-31 | Rs26.95 | Rs259.39 | x |
| 2018-03-31 | Rs35.17 | Rs259.39 | x |
| 2019-03-31 | Rs44.52 | Rs259.39 | x |
| 2020-03-31 | Rs87.62 | Rs259.39 | x |
| 2021-03-31 | Rs94.79 | Rs259.39 | x |
| 2022-03-31 | Rs114.77 | Rs259.39 | x |
| 2023-03-31 | Rs123.37 | Rs259.39 | x |
| 2024-03-31 | Rs139.69 | Rs259.39 | x |
| 2025-03-31 | Rs142.53 | Rs259.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prince Pipes And Fittings 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): 2.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.47x
- Recent ROE (2.74%) is below the historical average (17.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 33.38% | 4.75% | 1.47x | 4.80x | Rs266.51 Million |
| 2014 | 18.03% | 2.49% | 1.69x | 4.28x | Rs111.70 Million |
| 2015 | 10.16% | 1.64% | 1.61x | 3.85x | Rs2.40 Million |
| 2016 | 16.04% | 2.93% | 1.54x | 3.55x | Rs111.17 Million |
| 2017 | 30.58% | 5.95% | 1.64x | 3.14x | Rs499.28 Million |
| 2018 | 22.99% | 5.53% | 1.34x | 3.10x | Rs411.08 Million |
| 2019 | 20.80% | 5.30% | 1.51x | 2.60x | Rs432.74 Million |
| 2020 | 13.43% | 6.88% | 1.16x | 1.68x | Rs287.39 Million |
| 2021 | 21.26% | 10.71% | 1.29x | 1.54x | Rs1.17 Billion |
| 2022 | 19.71% | 9.41% | 1.37x | 1.53x | Rs1.23 Billion |
| 2023 | 8.90% | 4.48% | 1.46x | 1.36x | Rs-149.75 Million |
| 2024 | 11.82% | 7.12% | 1.21x | 1.37x | Rs280.57 Million |
| 2025 | 2.74% | 1.71% | 1.09x | 1.47x | Rs-1.15 Billion |
Industry Comparison
This section compares Prince Pipes And Fittings 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: $3,828,013,013
- Average return on equity (ROE) among peers: 14.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prince Pipes And Fittings Limited (PRINCEPIPE) | Rs15.90 Billion | 33.38% | 0.40x | $310.15 Million |
| Ahlada Engineers Limited (AHLADA) | $128.29 Million | 17.65% | 2.34x | $6.34 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $3.07 Billion | 9.31% | 0.57x | $214.97 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.23 Billion | 9.18% | 1.03x | $4.43 Million |
| Beardsell Limited (BEARDSELL) | $709.61 Million | 11.59% | 1.26x | $11.03 Million |
| Bigbloc Construction Limited (BIGBLOC) | $1.09 Billion | 28.25% | 1.70x | $74.03 Million |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $3.96 Billion |
| Cera Sanitaryware Limited (CERA) | $11.83 Billion | 17.70% | 0.42x | $732.50 Million |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $548.14 Million |
| Everest Industries Limited (EVERESTIND) | $2.50 Billion | 21.15% | 1.09x | $65.00 Million |
| Exxaro Tiles Limited (EXXARO) | $1.21 Billion | 9.33% | 2.21x | $33.72 Million |
About Prince Pipes And Fittings Limited
Prince Pipes and Fittings Limited manufactures and sells piping solutions in India. The company offers the FLOWGUARD PLUS chlorinated polyvinyl chloride (CPVC) hot and cold potable water plumbing systems, EASYFIT unplasticized polyvinyl chloride (UPVC) plumbing systems, and EASYFIT RE reclaim piping systems; Onefit Corzan CPVC industrial piping system, GREENFIT poly propylene random copolymer (PP… Read more