Prince Pipes And Fittings Ltd · NSE:PRINCEPIPE
Prince Pipes And Fittings — Q4 FY2025 Earnings Presentation
39 slides from Prince Pipes And Fittings's earnings presentation, May 2025
Slide 1: Prince Pipes & Fittings Ltd. Investor Presentation Q4 FY25
Prince Pipes & Fittings Ltd. Investor Presentation | Q4 FY25 Piping progress across every corner of nation
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Prince Pipes and Fittings Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 3: Q4 & FY25 Results Highlights
Q4 & FY25 Results Highlights
Slide 4: Performance Highlights
Performance Highlights SALES VOLUME • For FY25, volumes stood at 177,202 MT as compared to 172,793 MT same period last year, an increase of 3% YoY • Sales Volume for Q4 FY25 stood at 50,454 MT, de-grew by 2% YoY REVENUE • Revenues for full year stood at ₹ 2,524 crores, down by 2% YoY • Revenues for
Slide 5: Business Highlights
Business Highlights ❖ Commenced Phase 1 operations at the 8th manufacturing unit in Begusarai, Bihar • The facility boasts an installed capacity of 24,000 MT, focusing on PVC and CPVC pipes and fittings production • Completion of Phase 2 operations is anticipated in the next 6 months, further enhanc
Slide 6: Business Highlights
Business Highlights ❖ Launched new range of septic tanks under the brand ‘Bio-Fit’ for efficient wastewater management • Designed to support safe effluent disposal through soak pits or dispersion trenches, these tanks promote natural filtration and purification, helping safeguard groundwater • This
Slide 7: Financial Highlights - Q4 FY25
Financial Highlights - Q4 FY25 Sales Volume (in MT) Revenue from Operations -2% -3% 51,444 50,454 740 720 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 12% 8% 7% 3% -40% -56% 92 55 55 24 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Investor Presentation Note: all figures in ₹ cr
Slide 8: Financial Highlights - FY25
Financial Highlights - FY25 Sales Volume (in MT) Revenue from Operations +3% -2% 1,72,793 1,77,202 2,569 2,524 FY24 FY25 FY24 FY25 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 12% 6% 7% 2% -47% -77% 307 183 162 43 FY24 FY25 FY24 FY25 Investor Presentation Note: all figures in ₹ crores 8
Slide 9: Working Capital Cycle
Working Capital Cycle 99 95 88 85 83 77 66 62 60 62 61 68 56 57 56 50 51 57 40 36* FY21 FY22 FY23 FY24 FY25 Working Capital Days Debtor Days Inventory Days Creditor Days Investor Presentation * Reclassified to 15 days based on regrouping of financials for FY21 9
Slide 10: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Cr) Q4 FY25 Q4 FY24 YoY % Q3 FY25 QoQ% FY25 FY24 YoY% Revenue from Operations 720 740 -3% 578 25% 2,524 2,569 -2% Raw Material Consumed 540 522 453 1,884 1,819 Gross Profit 180 218 125 640 749 Gross Profit Margin % 25% 29% 22% 25% 29% Employee Expenses 46
Slide 11: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Particulars (₹ Cr) FY25 FY24 Particulars (₹ Cr) FY25 FY24 ASSETS EQUITY & LIABILITIES Non ‐ Current Assets Equity Property, plant and equipment 941 774 (a) Equity share capital 111 111 (b) Other equity 1,465 1,433 Capital work‐in‐progress 20 35 Total Equity 1,576
Slide 12: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (₹ Cr) FY25 FY24 Cash Flow from Operating Activities Profit before Tax (including exceptional items) 59 244 Less: Exceptional Items - 18 Profit before Tax (excluding exceptional items) 59 226 Adjustment for Non-Operating Items -120 -95 Operating Profit bef
Slide 13: Company Overview
Company Overview
Slide 14: Company Overview
Company Overview ▪ Over the last 4 decades, Prince Pipes has emerged as a leader in the Indian pipes and fittings industry, creating innovations in plumbing, irrigation, storage, and sewerage systems. Now the journey has taken a much larger scale. ▪ Today we are one of India’s largest integrated pip
Slide 15: Company at a Glance
Company at a Glance Amongst TOP 5 PROCESSORS in Piping Industry 1987 8 11 7,200+ Incorporation No. of Facilities Warehouses SKUs More than 3 DECADES of Operations 1,500+ CRISIL A+ 2,150 3,270 cr. Channel Outlook: Employees Market Cap Strategic located Partners STABLE (May 21, 2025) MANUFACTURING UNI
Slide 16: Our Journey
Our Journey 2022 2023 2024 2025 Jaipur plant awarded • Mr. Jayant Chheda, CMD, bestowed with the • Acquired renowned Bathware Brand Aquel and • Manufacturing unit commissioned at IGBC Platinum rated Green Lifetime Achievement Award by Modern identified assets for Rs. 55 crore Begusarai, Bihar, stren
Slide 17: Key Business Segments
Key Business Segments PIPING BUSINESS MODERN PLUMBING WATER STORAGE BATHWARE SOLUTIONS Bring Home world class plumbing solutions FAUCETS | SANITARYWARE SHOWERS | CISTERNS Investor Presentation 17
Slide 18: Manufacturing Facilities across the country
Manufacturing Facilities across the country ATHAL (1995) DADRA (2000) HARIDWAR (2008) CHENNAI (2012) Installed Capacity 11,868 MTPA Installed Capacity 72,468 MTPA Installed Capacity 100,069 MTPA Installed Capacity 56,436 MTPA KOLHAPUR (2012) JAIPUR (2019) SANGAREDDY (2021) BEGUSARAI (2025) Installed
Slide 19: Growing Distribution Network
Growing Distribution Network Jammu & Kashmir Himachal Pradesh Punjab Uttarakhand HARIDWAR Haryana Ghaziabad Delhi JAIPUR Siligu Guwahati Rajasthan ri Uttar Assam BEGUSARAI Pradesh Bihar West Gujarat Agartala Bengal Bhuj Howrah Madhya Pradesh Morbi Chhattisgarh Kolkata ATHAL (D & N.H) DADRA (D & N.H)
Slide 20: Board of Directors
Board of Directors MR. JAYANT S. CHHEDA MR. RAJENDRA GOGRI Founder, Chairman and Managing Director Independent Director Leads by extensive industry knowledge, more than four decades of experience and a founder member since Prince Pipes’ Brings experience of nearly four decades and served as the inco
Slide 21: Awards & Achievements
Awards & Achievements 2024 2023 Founder and Chairman Mr. 2022 Jayant Chheda awarded the Awarded The best channel lifetime achievement award Loyalty Program for second 2021 time at the customer FEST by Society of Plastic Engineers Awarded the best channel India Awards 2017 Loyalty Program in the cust
Slide 22: Industry Overview
Industry Overview
Slide 23: Plastic Pipes Industry Overview
Plastic Pipes Industry Overview PVC pipes volume grew at 6% from 2014-2024 CPVC segment to grow at 10% CAGR Breakdown (by application) and poised to grow at CAGR of 5% from 2025-2030E CPVC segment dominates 75% of internal plumbing application and growth volumes is double the PVC segment 12% 5% Agri
Slide 24: Product Portfolio
Product Portfolio
Slide 25: Product Basket (1/4)
Product Basket (1/4) PLUMBING & INDUSTRIAL SYSTEMS SEWERAGE & New Addition UNDERGROUND to the Portfolio Investor Presentation 25
Slide 26: Product Basket (2/4)
Product Basket (2/4) AGRICULTURE, WATER STORAGE & SUB SURFACE DRAINAGE WIRE PROTECTION PTMT TAPWARE Investor Presentation 26
Slide 27: Product Basket (3/4)
Product Basket (3/4) Brings home world class plumbing solutions with German Technology • Skolan Safe Premium PP Silent Drainage Systems - offers the latest technological • Prince Hauraton - An innovative range of drainage systems developed with German innovation in noise insulated drainage systems s
Slide 28: Product Basket (4/4)
Product Basket (4/4) A strong platform, complementary to Prince’s growth plans in the high growth Indian bathware market Signed an Asset Purchase Agreement with Klaus Waren Fixtures Pvt Ltd., for the acquisition and assignment of identified assets for Rs. 55 crores in March 2024 Acquisition presents
Slide 29: Poised for Future Growth
Poised for Future Growth SnisAs ones aNIIER,
Slide 30: Growth Strategy
Growth Strategy BUILDING PRESENCE ACROSS THE PRODUCT CHAIN TO STRENGTHEN INDIA’S WATER INFRASTRUCTURE PRESENCE ACROSS WATER INFRASTRUCTURE PREMIUMIZATION - THE KEY TO BRAND BUILDING FUTURE CAPACITIES & - ADDING DEPTH TO PRODUCT PORTFOLIO GROWTH MANUFACTURING EXCELLENCE • Continue to launch state-of-
Slide 31: Global collaborations
Global collaborations World class technology to strengthen India’s water infrastructure Product Product Product Technical Collaboration Collaboration Collaboration Collaboration An innovative range of drainage Inventors and largest Prince Skolan Safe - Premium A global leader in the international sy
Slide 32: Always Staying ahead of the Curve
Always Staying ahead of the Curve 2012 2020 2023 2025 2008 2014 2021 2024 First company to Early movers in Commissioning of Acquire Renowned venture into North Eastern India with a Telangana plant, marking Bathware Brand Aquel India and set up a unique asset light the Company’s expansion plant at Ha
Slide 33: Focus on Triple Bottom Line
Focus on Triple Bottom Line TRIPLE BOTTOM-LINE GOALS GREEN ENERGY 7,95,592 24,243 MT UP TO FY25 Tree Seedlings Coal Burned Grown for a Decade Environmental Carbon emission reduced MT Carbon Footprint Financial 38.3% (MT/MT production) since 1,37,602 saved since FY-17 FY-17 Total energy requirement M
Slide 34: Way Forward
Way Forward
Slide 35: Way Forward
Way Forward Building presence across the Improving RoCE and RoE ratios product chain to strengthen by monitoring volume and price India’s water infrastructure growth Achieving sustainable growth Reducing costs to ensure through judicious operational comfortable EBITDA margins methods and product inn
Slide 36: Investment Rationale
Investment Rationale Legacy Pipe manufacturer – core competency growing in piping business Committed to transforming India’s water infrastructure through innovation Huge headroom for domestic growth – with Per Capita PVC Consumption lowest in India compared globally Long term demand visibility led b
Slide 37: Historical Financial Highlights
Historical Financial Highlights
Slide 38: Annual Financial Performance
Annual Financial Performance Revenue from Operations EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 17.5% 15.6% 9.2% 12.0% 6.4% 10.7% 9.4% 4.5% 7.1% 2.0% 2,657 2,711 2,569 415 249 2,524 222 362 2,071 307 183* 250 121 162 43 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25
Slide 39: Thank You
For further information, please contact: Thank You COMPANY: Prince Pipes And Fittings Ltd. CIN: L26932DN1987PLC005837 Mr. Anand Gupta, Chief Financial Officer investor@princepipes.com investor@princepipes.com www.princepipes.com www.princepipes.com INVESTOR RELATIONS ADVISORS: MUFG Intime India Priv
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