PRINCEPIPE
Prince Pipes And Fittings Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
PRINCEPIPE
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹264 today
BEAR
₹184
-30%
5.3% a year · 26.4x exit
BASE
₹247
-6%
9.2% a year · 34.2x exit
BULL
₹416
+58%
12.6% a year · 55.9x exit
Where the market has priced it
10x40x today68x
- the guided figure reached earnings through a low-confidence bridge
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹6.62 (screener) |
|---|---|
| Guided growth | 9.2% a year, said on the call of 17-Feb-2026 · transcript |
| Read across as | operating: volume growth, realisation+margin held flat — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 26.43x / 34.18x / 55.86x, this company’s own p20 / median / p80 across 7 filed years |
| Filed-industry peers | median 28x across 30 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
volume growth 10%generic growth 10%
And we feel now both across PVC, CPVC and a few other new product launches that we are doing, next year should be a double-digit kind of volume growth that we are aspiring for.
Call 17-Feb-2026 · bridge confidence low · transcript PDF