Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Building Materials - Plastic Pipes Stocks in India

Building Materials - Plastic Pipes: Supreme Industries Ltd owns the largest revenue base; Astral Ltd has the fastest current growth.

Nifty Building Materials - Plastic Pipes Index — Constituents & Performance

The Building Materials - Plastic Pipes companies below are the listed Indian Building Materials - Plastic Pipes universe this page tracks — the same constituent set people search for as the Nifty Building Materials - Plastic Pipes index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Building Materials - Plastic Pipes moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 35% behind NIFTY 500. Earnings across its companies fell 27% on average over the last four reported quarters.

BASING · 1y −6.8%~Price down, no fundamental support1 of 5 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS — · 1/5 >200d (−1) · 1/5 lead (+0) · EPS 2/5↑

200300202620252024202320222021 217336 TRAILING 12-MONTH EPS · 100 AT THE START0100Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2022 · trailing 12-month earnings per share at 67, against 100 at the start · no comparable year yet · 3 reportingDec 2022 · trailing 12-month earnings per share at 58, against 100 at the start · no comparable year yet · 3 reportingMar 2023 · trailing 12-month earnings per share at 49, against 100 at the start · no comparable year yet · 3 reportingJun 2023 · trailing 12-month earnings per share at 50, against 100 at the start · down 49.7% on a year ago · 3 reportingSep 2023 · trailing 12-month earnings per share at 94, against 100 at the start · up 27.4% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 97, against 100 at the start · up 43.8% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 89, against 100 at the start · up 50.3% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 97, against 100 at the start · up 50.1% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 92, against 100 at the start · up 0.9% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 99, against 100 at the start · down 6.3% on a year ago · 5 reportingMar 2025 · trailing 12-month earnings per share at 94, against 100 at the start · down 7.2% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 87, against 100 at the start · down 37.4% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 82, against 100 at the start · down 31.2% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 52, against 100 at the start · down 37.3% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 60, against 100 at the start · down 0.7% on a year ago · 5 reportingNot reported yet — earnings trail price by a quarter or two60 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200300202620252024202320222021 217336 TRAILING 12-MONTH EPS · 100 AT THE START0100Mar 23Mar 24Mar 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2022 · trailing 12-month earnings per share at 67, against 100 at the start · no comparable year yet · 3 reportingDec 2022 · trailing 12-month earnings per share at 58, against 100 at the start · no comparable year yet · 3 reportingMar 2023 · trailing 12-month earnings per share at 49, against 100 at the start · no comparable year yet · 3 reportingJun 2023 · trailing 12-month earnings per share at 50, against 100 at the start · down 49.7% on a year ago · 3 reportingSep 2023 · trailing 12-month earnings per share at 94, against 100 at the start · up 27.4% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 97, against 100 at the start · up 43.8% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 89, against 100 at the start · up 50.3% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 97, against 100 at the start · up 50.1% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 92, against 100 at the start · up 0.9% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 99, against 100 at the start · down 6.3% on a year ago · 5 reportingMar 2025 · trailing 12-month earnings per share at 94, against 100 at the start · down 7.2% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 87, against 100 at the start · down 37.4% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 82, against 100 at the start · down 31.2% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 52, against 100 at the start · down 37.3% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 60, against 100 at the start · down 0.7% on a year ago · 5 reportingNot reported yet — earnings trail price by a quarter or two60No earnings on file this far back — the price series reaches further than the filings do
Building Materials - Plastic Pipes, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the sector is participating, how recently, and whether the movers score well.
Together1 of 5 stocks moving
Fresh1 crossed in the last 4 weeks
Backed by scoresmovers score −13 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 0/10
Mid 0/20
Small 1/20

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Building Materials - Plastic Pipes outperforming NIFTY 500?

The 52-week comparison of Building Materials - Plastic Pipes against NIFTY 500 is not available from the current market series. 1 of 5 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Apollo Pipes Ltd is the strongest against the sector itself at +32.6%.

—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
1/5Stocks leading NIFTY 500
1/5Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 1 of 5 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Supreme Industries Ltd leads with revenue of ₹11,218 crore, based on 5 of 5 comparable companies through Mar 2026. Astral Ltd has the fastest current revenue growth at 12.6%, across 5 of 5 comparable companies.

Is the Building Materials - Plastic Pipes sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 1 of 5 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Building Materials - Plastic Pipes company is largest by revenue?

Supreme Industries Ltd leads with revenue of ₹11,218 crore, based on 5 of 5 comparable companies through Mar 2026.

Which Building Materials - Plastic Pipes company is growing fastest?

Astral Ltd has the fastest current revenue growth at 12.6%, across 5 of 5 comparable companies.

Which Building Materials - Plastic Pipes company has the strongest 4-Factor Sector Score?

Prince Pipes & Fittings Ltd ranks first at 54.8/100 with 94% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Building Materials - Plastic Pipes company has the least gross debt?

Supreme Industries Ltd has the lowest comparable gross debt at ₹91 crore. Finolex Industries Ltd has the highest at ₹446 crore.

Which Building Materials - Plastic Pipes company has the lowest comparable PEG?

Prince Pipes & Fittings Ltd has the lowest comparable Guarded PEG at 0.91, among 4 of 5 companies that pass the metric’s comparability rules.

How much history does this Building Materials - Plastic Pipes comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
5
complete canonical membership
Combined market value
₹98.6K Cr
Supreme Industries Ltd
Revenue growing
3/5
positive TTM year-on-year growth
Beating NIFTY 500
1/5
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Prince Pipes & Fittings Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 94% evidence confidence.
Apollo Pipes Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Prince Pipes & Fittings Ltd · PRINCEPIPE

54.8/100 · Mixed-positive evidence · 94% evidence

Exact sum: 25.6 + 9.8 + 13.9 + 5.5 = 54.8

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -22.9% and the one-year return is -22.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

25.6/35Growth & earnings

Revenue 2.9% · PAT 68.2% · OPM change 5 pp

100% evidence

9.8/25Capital efficiency

ROCE 6.1% · debt/equity 0.09×

100% evidence

13.9/20Valuation

P/E 38.4× · PEG 0.91

100% evidence

5.5/20Relative strength

RS sector -22.9% · RS bench -4.5% · 1Y -22.7%

70% evidence

2. Astral Ltd · ASTRAL

51.8/100 · Mixed-positive evidence · 100% evidence

Exact sum: 19.9 + 20 + 5.9 + 6 = 51.8

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

19.9/35Growth & earnings

Revenue 12.6% · PAT 2.9% · OPM change 0 pp

100% evidence

20.0/25Capital efficiency

ROCE 19.9% · debt/equity 0.06×

100% evidence

5.9/20Valuation

P/E 71.6× · PEG 4.71

100% evidence

6.0/20Relative strength

RS sector -5.6% · RS bench -8.4% · 1Y -8.6%

100% evidence

3. Finolex Industries Ltd · FINPIPE

46.8/100 · Mixed-negative evidence · 94% evidence

Exact sum: 20.1 + 13.5 + 8.7 + 4.5 = 46.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.1/35Growth & earnings

Revenue -0.7% · PAT -25.2% · OPM change 10 pp

100% evidence

13.5/25Capital efficiency

ROCE 12.7% · debt/equity 0.07×

100% evidence

8.7/20Valuation

P/E 17× · PEG 3.66

100% evidence

4.5/20Relative strength

RS sector -14.8% · RS bench -11% · 1Y -22%

70% evidence

4. Supreme Industries Ltd · SUPREMEIND

45.2/100 · Mixed-negative evidence · 97% evidence

Exact sum: 17.2 + 19.8 + 3.6 + 4.6 = 45.2

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

17.2/35Growth & earnings

Revenue 7.4% · PAT -0.7% · OPM change 4 pp

95% evidence

19.8/25Capital efficiency

ROCE 20.7% · debt/equity 0.01×

95% evidence

3.6/20Valuation

P/E 47.1× · PEG 9.12

100% evidence

4.6/20Relative strength

RS sector -7.3% · RS bench -10.4% · 1Y -18.6%

100% evidence

5. Apollo Pipes Ltd · APOLLOPIPE

34.7/100 · Adverse evidence · 80% evidence

Exact sum: 1.4 + 4.8 + 8.5 + 20 = 34.7

Decision use: Price leads the evidence: RS versus the benchmark is 27.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

1.4/35Growth & earnings

Revenue -6.5% · PAT -80% · OPM change -2.4 pp

95% evidence

4.8/25Capital efficiency

ROCE 1.2% · debt/equity 0.15×

95% evidence

8.5/20Valuation

P/E 289.5× · PEG —

15% evidence

20.0/20Relative strength

RS sector 32.6% · RS bench 27.7% · 1Y 17.7%

100% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Supreme Industries Ltd has the highest Revenue among the 5 Building Materials - Plastic Pipes companies compared here, at ₹11,218 crore. Astral Ltd is next at ₹6,568 crore. Astral Ltd has the highest Revenue growth at 12.6%, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Supreme Industries Ltd is the scale leader at ₹11,218 crore, 70.8% ahead of Astral Ltd. Astral Ltd's growth is 12.6% from a ₹6,568 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderSupreme Industries Ltd · ₹11,218 crore
Gap70.8% versus #2 · Astral Ltd
Persistence6/8 recent comparable periods
Coverage5/5 companies · 89 observations

Investor read: Supreme Industries Ltd is the scale benchmark; Astral Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Supreme Industries Ltd's growth falls below Astral Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Supreme Industries Ltd SUPREMEIND₹11.2K Cr
2Astral Ltd ASTRAL₹6.6K Cr
3Finolex Industries Ltd FINPIPE₹4.1K Cr
4Prince Pipes & Fittings Ltd PRINCEPIPE₹2.6K Cr
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹1.1K Cr
Revenue growthfastest growers
1Astral Ltd ASTRAL13%
2Supreme Industries Ltd SUPREMEIND7.4%
3Prince Pipes & Fittings Ltd PRINCEPIPE2.9%
4Finolex Industries Ltd FINPIPE-0.7%
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified-6.5%
Revenue · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Supreme Industries Ltd SUPREMEIND₹3.5K Cr17%Mar 2026
Astral Ltd ASTRAL₹2.1K Cr24%Mar 2026
Finolex Industries Ltd FINPIPE₹1.3K Cr12%Mar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE₹850 Cr18%Mar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹347 Cr10%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
₹256 Cr
₹309 Cr
₹250 Cr
₹308 Cr
₹315 Cr
₹275 Cr
₹236 Cr
₹247 Cr
₹347 Cr

Astral Ltd · ASTRAL

₹700 Cr
₹1.2K Cr
₹1.1K Cr
₹1.4K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.5K Cr
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.6K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.7K Cr
₹1.4K Cr
₹1.6K Cr
₹1.5K Cr
₹2.1K Cr

Finolex Industries Ltd · FINPIPE

₹966 Cr
₹1.1K Cr
₹1.0K Cr
₹1.6K Cr
₹1.2K Cr
₹941 Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹883 Cr
₹1.0K Cr
₹1.2K Cr
₹1.1K Cr
₹828 Cr
₹1.0K Cr
₹1.2K Cr
₹1.0K Cr
₹859 Cr
₹898 Cr
₹1.3K Cr

Prince Pipes & Fittings Ltd · PRINCEPIPE

₹331 Cr
₹761 Cr
₹664 Cr
₹901 Cr
₹604 Cr
₹636 Cr
₹706 Cr
₹764 Cr
₹554 Cr
₹656 Cr
₹619 Cr
₹740 Cr
₹604 Cr
₹622 Cr
₹578 Cr
₹720 Cr
₹580 Cr
₹595 Cr
₹573 Cr
₹850 Cr

Supreme Industries Ltd · SUPREMEIND

₹1.3K Cr
₹1.9K Cr
₹1.9K Cr
₹2.6K Cr
₹2.2K Cr
₹2.1K Cr
₹2.3K Cr
₹2.6K Cr
₹2.4K Cr
₹2.3K Cr
₹2.4K Cr
₹3.0K Cr
₹2.6K Cr
₹2.3K Cr
₹2.5K Cr
₹3.0K Cr
₹2.6K Cr
₹2.4K Cr
₹2.7K Cr
₹3.5K Cr

Revenue growth · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
23%
-11%
-5.9%
-20%
10%

Astral Ltd · ASTRAL

—
—
—
—
73%
1.6%
15%
4.5%
5.8%
16%
8.0%
7.9%
7.9%
0.5%
2.0%
3.5%
-1.7%
15%
10%
24%

Finolex Industries Ltd · FINPIPE

—
—
—
—
23%
-13%
12%
-28%
-0.9%
-6.2%
-9.3%
8.2%
-3.3%
-6.2%
-1.9%
-5.1%
-8.5%
3.7%
-10%
12%

Prince Pipes & Fittings Ltd · PRINCEPIPE

—
—
—
—
82%
-16%
6.3%
-15%
-8.3%
3.1%
-12%
-3.1%
9.0%
-5.2%
-6.6%
-2.7%
-4.0%
-4.3%
-0.9%
18%

Supreme Industries Ltd · SUPREMEIND

—
—
—
—
64%
8.2%
19%
1.6%
7.4%
11%
6.0%
16%
11%
-1.6%
2.5%
0.6%
-1.0%
5.3%
7.1%
17%
02 · compare level, then change

Operating Economics & Margin Trend

Finolex Industries Ltd has the highest OPM among the 5 Building Materials - Plastic Pipes companies compared here, at 25%. Astral Ltd is next at 18%. The same company also holds the highest Margin change, at +10 percentage points. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Finolex Industries Ltd leads both opm at 25% and margin change at +10 percentage points.

LeaderFinolex Industries Ltd · 25%
Gap38.9% versus #2 · Astral Ltd
Persistence4/8 recent comparable periods
Coverage5/5 companies · 89 observations

Investor read: Finolex Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Finolex Industries Ltd FINPIPE25%
2Astral Ltd ASTRAL18%
3Supreme Industries Ltd SUPREMEIND18%
4Prince Pipes & Fittings Ltd PRINCEPIPE13%
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified5.2%
Margin changefastest expanders
1Finolex Industries Ltd FINPIPE+10.0 pp
2Prince Pipes & Fittings Ltd PRINCEPIPE+5.0 pp
3Supreme Industries Ltd SUPREMEIND+4.0 pp
4Astral Ltd ASTRAL0.0 pp
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified−2.4 pp
Operating margin · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Finolex Industries Ltd FINPIPE25%+10.0 ppMar 2026
Supreme Industries Ltd SUPREMEIND18%+4.0 ppMar 2026
Astral Ltd ASTRAL18%0.0 ppMar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE13%+5.0 ppMar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified5.2%−2.4 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
9.9%
9.4%
7.8%
7.6%
7.6%
7.5%
6.7%
4.9%
5.2%

Astral Ltd · ASTRAL

18%
18%
18%
15%
14%
12%
15%
20%
16%
16%
15%
18%
16%
15%
16%
18%
14%
16%
15%
18%

Finolex Industries Ltd · FINPIPE

22%
28%
24%
17%
10%
-15%
8.0%
19%
13%
12%
12%
17%
18%
1.0%
8.0%
15%
9.0%
15%
14%
25%

Prince Pipes & Fittings Ltd · PRINCEPIPE

12%
16%
17%
16%
7.3%
-1.8%
9.8%
19%
8.0%
14%
12%
12%
10%
7.0%
1.0%
8.0%
7.0%
9.0%
5.0%
13%

Supreme Industries Ltd · SUPREMEIND

17%
16%
16%
15%
12%
7.1%
13%
18%
14%
15%
15%
16%
15%
14%
12%
14%
12%
12%
12%
18%

Margin change · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−2.3 pp
−1.9 pp
−1.1 pp
−2.7 pp
−2.4 pp

Astral Ltd · ASTRAL

+5.3 pp
−1.0 pp
−3.3 pp
−7.1 pp
−4.4 pp
−5.3 pp
−2.9 pp
+4.6 pp
+1.9 pp
+3.7 pp
0.0 pp
−2.0 pp
0.0 pp
−1.0 pp
+1.0 pp
0.0 pp
−2.0 pp
+1.0 pp
−1.0 pp
0.0 pp

Finolex Industries Ltd · FINPIPE

+5.8 pp
+2.8 pp
−8.5 pp
−16.2 pp
−11.1 pp
−42.8 pp
−16.0 pp
+2.4 pp
+2.5 pp
+27.2 pp
+4.0 pp
−2.0 pp
+5.0 pp
−11.0 pp
−4.0 pp
−2.0 pp
−9.0 pp
+14.0 pp
+6.0 pp
+10.0 pp

Prince Pipes & Fittings Ltd · PRINCEPIPE

+2.0 pp
−1.4 pp
−2.0 pp
−3.7 pp
−5.2 pp
−17.9 pp
−6.9 pp
+3.4 pp
+0.7 pp
+15.8 pp
+2.2 pp
−7.0 pp
+2.0 pp
−7.0 pp
−11.0 pp
−4.0 pp
−3.0 pp
+2.0 pp
+4.0 pp
+5.0 pp

Supreme Industries Ltd · SUPREMEIND

+5.8 pp
−2.5 pp
−5.4 pp
−9.2 pp
−4.4 pp
−9.1 pp
−3.3 pp
+2.7 pp
+1.8 pp
+8.0 pp
+2.0 pp
−2.0 pp
+1.0 pp
−1.0 pp
−3.0 pp
−2.0 pp
−3.0 pp
−2.0 pp
0.0 pp
+4.0 pp
03 · compare level, then change

Profit Scale & Acceleration

Supreme Industries Ltd has the highest Net profit among the 5 Building Materials - Plastic Pipes companies compared here, at ₹954 crore. Finolex Industries Ltd is next at ₹599 crore. Prince Pipes & Fittings Ltd has the highest Profit growth at 68.2%, so level and change sit with different companies.

What the numbers say: Supreme Industries Ltd leads with ₹954 crore of TTM profit, 59.3% above Finolex Industries Ltd. Prince Pipes & Fittings Ltd shows 68.2% growth from a ₹74 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSupreme Industries Ltd · ₹954 crore
Gap59.3% versus #2 · Finolex Industries Ltd
Persistence2/8 recent comparable periods
Coverage5/5 companies · 89 observations

Investor read: Supreme Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Supreme Industries Ltd SUPREMEIND₹954 Cr
2Finolex Industries Ltd FINPIPE₹599 Cr
3Astral Ltd ASTRAL₹535 Cr
4Prince Pipes & Fittings Ltd PRINCEPIPE₹74 Cr
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹5 Cr
Profit growthfastest growers
1Prince Pipes & Fittings Ltd PRINCEPIPE68%
2Astral Ltd ASTRAL2.9%
3Supreme Industries Ltd SUPREMEIND-0.7%
4Finolex Industries Ltd FINPIPE-25%
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified-80%
Net profit · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Supreme Industries Ltd SUPREMEIND₹434 Cr48%Mar 2026
Finolex Industries Ltd FINPIPE₹261 Cr58%Mar 2026
Astral Ltd ASTRAL₹213 Cr20%Mar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE₹56 Cr133%Mar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹-0 Cr-101%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
₹7 Cr
₹14 Cr
₹4 Cr
₹6 Cr
₹10 Cr
₹8 Cr
₹1 Cr
₹-5 Cr
₹-0 Cr

Astral Ltd · ASTRAL

₹75 Cr
₹143 Cr
₹128 Cr
₹144 Cr
₹96 Cr
₹75 Cr
₹95 Cr
₹206 Cr
₹119 Cr
₹132 Cr
₹113 Cr
₹181 Cr
₹120 Cr
₹109 Cr
₹113 Cr
₹178 Cr
₹79 Cr
₹135 Cr
₹108 Cr
₹213 Cr

Finolex Industries Ltd · FINPIPE

₹146 Cr
₹233 Cr
₹177 Cr
₹495 Cr
₹99 Cr
₹-95 Cr
₹80 Cr
₹166 Cr
₹115 Cr
₹98 Cr
₹95 Cr
₹165 Cr
₹501 Cr
₹41 Cr
₹94 Cr
₹165 Cr
₹98 Cr
₹124 Cr
₹116 Cr
₹261 Cr

Prince Pipes & Fittings Ltd · PRINCEPIPE

₹18 Cr
₹76 Cr
₹67 Cr
₹88 Cr
₹16 Cr
₹-24 Cr
₹35 Cr
₹94 Cr
₹20 Cr
₹71 Cr
₹38 Cr
₹55 Cr
₹25 Cr
₹15 Cr
₹-20 Cr
₹24 Cr
₹5 Cr
₹15 Cr
₹-2 Cr
₹56 Cr

Supreme Industries Ltd · SUPREMEIND

₹170 Cr
₹229 Cr
₹246 Cr
₹324 Cr
₹214 Cr
₹82 Cr
₹210 Cr
₹359 Cr
₹216 Cr
₹243 Cr
₹256 Cr
₹355 Cr
₹273 Cr
₹207 Cr
₹187 Cr
₹294 Cr
₹202 Cr
₹165 Cr
₹153 Cr
₹434 Cr

Profit growth · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
43%
-41%
-65%
-174%
-101%

Astral Ltd · ASTRAL

—
—
—
—
28%
-48%
-26%
43%
24%
76%
19%
-12%
0.8%
-17%
0.0%
-1.7%
-34%
24%
-4.4%
20%

Finolex Industries Ltd · FINPIPE

—
—
—
—
-32%
-141%
-55%
-66%
16%
—
19%
-0.6%
336%
-58%
-1.1%
0.0%
-80%
202%
23%
58%

Prince Pipes & Fittings Ltd · PRINCEPIPE

—
—
—
—
-11%
-132%
-47%
6.8%
25%
—
7.4%
-41%
25%
-79%
-153%
-56%
-80%
0.0%
—
133%

Supreme Industries Ltd · SUPREMEIND

—
—
—
—
26%
-64%
-15%
11%
0.9%
196%
22%
-1.1%
26%
-15%
-27%
-17%
-26%
-20%
-18%
48%
04 · not available

Capacity Spending & Returns On It

No company in this Building Materials - Plastic Pipes comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 5 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Supreme Industries Ltd has the lowest Gross debt among the 5 Building Materials - Plastic Pipes companies compared here, at ₹91 crore. Apollo Pipes Ltd is next at ₹124 crore. Finolex Industries Ltd has the lowest Net debt at ₹2,047 crore net cash, so level and change sit with different companies.

What the numbers say: Finolex Industries Ltd has the clearest covered balance-sheet capacity with ₹2,047 crore net cash and gross debt of ₹446 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderSupreme Industries Ltd · ₹91 crore
Gap26.6% versus #2 · Apollo Pipes Ltd
Persistence6/8 recent comparable periods
Coverage5/5 companies · 100 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Supreme Industries Ltd SUPREMEIND₹91 Cr
2Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹124 Cr
3Prince Pipes & Fittings Ltd PRINCEPIPE₹145 Cr
4Astral Ltd ASTRAL₹250 Cr
5Finolex Industries Ltd FINPIPE₹446 Cr
Net debtlowest net debt
1Finolex Industries Ltd FINPIPE₹-2.0K Cr
2Astral Ltd ASTRAL₹-693 Cr
3Supreme Industries Ltd SUPREMEIND₹-558 Cr
4Prince Pipes & Fittings Ltd PRINCEPIPE₹-132 Cr
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹42 Cr
Debt and balance-sheet capacity · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Finolex Industries Ltd FINPIPE₹446 Cr₹-2.0K CrMar 2026
Astral Ltd ASTRAL₹250 Cr₹-693 CrMar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE₹145 Cr₹-132 CrMar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified₹124 Cr₹42 CrMar 2026
Supreme Industries Ltd SUPREMEIND₹91 Cr₹-558 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

₹52 Cr
₹24 Cr
₹24 Cr
₹39 Cr
₹39 Cr
₹47 Cr
₹47 Cr
₹44 Cr
₹44 Cr
₹2 Cr
₹2 Cr
₹69 Cr
₹63 Cr
₹138 Cr
₹138 Cr
₹93 Cr
₹92 Cr
₹71 Cr
₹71 Cr
₹124 Cr

Astral Ltd · ASTRAL

₹53 Cr
₹93 Cr
₹93 Cr
₹98 Cr
₹98 Cr
₹95 Cr
₹95 Cr
₹87 Cr
₹87 Cr
₹98 Cr
₹98 Cr
₹119 Cr
₹119 Cr
₹198 Cr
₹198 Cr
₹233 Cr
₹233 Cr
₹256 Cr
₹256 Cr
₹250 Cr

Finolex Industries Ltd · FINPIPE

₹204 Cr
₹30 Cr
₹30 Cr
₹278 Cr
₹278 Cr
₹27 Cr
₹27 Cr
₹541 Cr
₹541 Cr
₹605 Cr
₹605 Cr
₹394 Cr
₹394 Cr
₹369 Cr
₹369 Cr
₹237 Cr
₹237 Cr
₹21 Cr
₹21 Cr
₹446 Cr

Prince Pipes & Fittings Ltd · PRINCEPIPE

₹88 Cr
₹161 Cr
₹161 Cr
₹152 Cr
₹152 Cr
₹140 Cr
₹140 Cr
₹63 Cr
₹63 Cr
₹59 Cr
₹59 Cr
₹130 Cr
₹130 Cr
₹174 Cr
₹174 Cr
₹277 Cr
₹277 Cr
₹237 Cr
₹237 Cr
₹145 Cr

Supreme Industries Ltd · SUPREMEIND

₹38 Cr
₹31 Cr
₹31 Cr
₹46 Cr
₹46 Cr
₹42 Cr
₹42 Cr
₹51 Cr
₹51 Cr
₹44 Cr
₹44 Cr
₹55 Cr
₹55 Cr
₹74 Cr
₹74 Cr
₹76 Cr
₹76 Cr
₹322 Cr
₹322 Cr
₹91 Cr

Net debt · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

₹-20 Cr
₹-17 Cr
₹-17 Cr
₹-3 Cr
₹-3 Cr
₹45 Cr
₹45 Cr
₹10 Cr
₹10 Cr
₹-52 Cr
₹-52 Cr
₹14 Cr
₹7 Cr
₹76 Cr
₹76 Cr
₹-39 Cr
₹-40 Cr
₹-4 Cr
₹-4 Cr
₹42 Cr

Astral Ltd · ASTRAL

₹-423 Cr
₹-367 Cr
₹-367 Cr
₹-544 Cr
₹-544 Cr
₹-364 Cr
₹-364 Cr
₹-595 Cr
₹-595 Cr
₹-435 Cr
₹-435 Cr
₹-491 Cr
₹-491 Cr
₹-174 Cr
₹-174 Cr
₹-376 Cr
₹-376 Cr
₹-299 Cr
₹-299 Cr
₹-693 Cr

Finolex Industries Ltd · FINPIPE

₹-650 Cr
₹-1.0K Cr
₹-1.0K Cr
₹-1.3K Cr
₹-1.4K Cr
₹-1.1K Cr
₹-1.1K Cr
₹-1.3K Cr
₹-1.3K Cr
₹-1.2K Cr
₹-1.2K Cr
₹-1.5K Cr
₹-1.5K Cr
₹-1.8K Cr
₹-1.8K Cr
₹-2.0K Cr
₹-2.0K Cr
₹-2.0K Cr
₹-2.0K Cr
₹-2.0K Cr

Prince Pipes & Fittings Ltd · PRINCEPIPE

₹-145 Cr
₹20 Cr
₹20 Cr
₹85 Cr
₹83 Cr
₹19 Cr
₹19 Cr
₹-150 Cr
₹-153 Cr
₹-173 Cr
₹-173 Cr
₹16 Cr
₹14 Cr
₹55 Cr
₹55 Cr
₹170 Cr
₹167 Cr
₹104 Cr
₹104 Cr
₹-132 Cr

Supreme Industries Ltd · SUPREMEIND

₹-724 Cr
₹-308 Cr
₹-308 Cr
₹-473 Cr
₹-473 Cr
₹-459 Cr
₹-459 Cr
₹-687 Cr
₹-687 Cr
₹-547 Cr
₹-547 Cr
₹-1.1K Cr
₹-1.1K Cr
₹-609 Cr
₹-609 Cr
₹-868 Cr
₹-868 Cr
₹23 Cr
₹23 Cr
₹-558 Cr
06 · compare level, then change

Return On Capital Employed

Supreme Industries Ltd has the highest ROCE among the 5 Building Materials - Plastic Pipes companies compared here, at 20.7%. Astral Ltd is next at 19.9%. Finolex Industries Ltd has the highest ROCE change at +3.1 percentage points, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Supreme Industries Ltd leads ROCE at 20.7%, 0.8 percentage points above Astral Ltd. Finolex Industries Ltd has the strongest latest improvement at +3.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderSupreme Industries Ltd · 20.7%
Gap4% versus #2 · Astral Ltd
Persistence1/8 recent comparable periods
Coverage5/5 companies · 72 observations

Investor read: Supreme Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Supreme Industries Ltd SUPREMEIND21%
2Astral Ltd ASTRAL20%
3Finolex Industries Ltd FINPIPE13%
4Prince Pipes & Fittings Ltd PRINCEPIPE6.1%
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified1.2%
ROCE changefastest improvers
1Finolex Industries Ltd FINPIPE+3.1 pp
2Prince Pipes & Fittings Ltd PRINCEPIPE+2.5 pp
3Astral Ltd ASTRAL−0.1 pp
4Supreme Industries Ltd SUPREMEIND−0.7 pp
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified−4.0 pp
Return on capital · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Supreme Industries Ltd SUPREMEIND18%−0.7 ppMar 2026
Astral Ltd ASTRAL18%−0.1 ppMar 2026
Finolex Industries Ltd FINPIPE8.8%+3.1 ppMar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE5.8%+2.5 ppMar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified1.5%−4.0 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
19%
—
16%
—
10%
—
8.7%
—
10%
—
8.3%
—
7.0%
8.5%
5.5%
5.9%
3.5%
3.5%
1.5%

Astral Ltd · ASTRAL

—
30%
—
26%
—
21%
—
—
—
15%
27%
22%
24%
20%
22%
18%
19%
17%
19%
18%

Finolex Industries Ltd · FINPIPE

—
32%
—
23%
—
10%
—
4.6%
—
8.2%
14%
7.9%
21%
6.0%
16%
5.7%
9.0%
6.0%
10%
8.8%

Prince Pipes & Fittings Ltd · PRINCEPIPE

—
31%
—
27%
—
17%
—
12%
—
18%
23%
13%
17%
10%
6.9%
3.3%
2.8%
2.2%
3.6%
5.8%

Supreme Industries Ltd · SUPREMEIND

—
35%
—
26%
—
22%
—
21%
—
25%
32%
24%
30%
23%
26%
19%
21%
17%
19%
18%

ROCE change · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

—
—
—
—
—
−8.7 pp
—
−7.6 pp
—
+0.2 pp
—
−0.4 pp
—
−3.4 pp
—
−2.8 pp
—
−3.5 pp
−5.0 pp
−4.0 pp

Astral Ltd · ASTRAL

—
—
—
—
—
−9.0 pp
—
—
—
−6.7 pp
—
—
—
+4.9 pp
−4.9 pp
−3.5 pp
−4.8 pp
−2.4 pp
−3.1 pp
−0.1 pp

Finolex Industries Ltd · FINPIPE

—
—
—
—
—
−21.9 pp
—
−18.2 pp
—
−1.9 pp
—
+3.3 pp
—
−2.2 pp
+2.6 pp
−2.2 pp
−12.1 pp
0.0 pp
−5.9 pp
+3.1 pp

Prince Pipes & Fittings Ltd · PRINCEPIPE

—
—
—
—
—
−14.3 pp
—
−15.0 pp
—
+1.6 pp
—
+1.4 pp
—
−8.0 pp
−15.6 pp
−10.1 pp
−14.4 pp
−8.0 pp
−3.3 pp
+2.5 pp

Supreme Industries Ltd · SUPREMEIND

—
—
—
—
—
−13.0 pp
—
−4.8 pp
—
+3.0 pp
—
+3.0 pp
—
−2.2 pp
−5.8 pp
−5.2 pp
−9.6 pp
−6.3 pp
−7.5 pp
−0.7 pp
07 · compare level, then change

Valuation Against Growth & Quality

Prince Pipes & Fittings Ltd has the lowest Guarded PEG among the 5 Building Materials - Plastic Pipes companies compared here, at 0.91×. Finolex Industries Ltd is next at 3.66×. Finolex Industries Ltd has the lowest P/E at 17×, so level and change sit with different companies. 4 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Prince Pipes & Fittings Ltd has the lowest comparable Guarded PEG at 0.91×, 75.1% below Finolex Industries Ltd. Only 4 of 5 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderPrince Pipes & Fittings Ltd · 0.91×
Gap75.1% versus #2 · Finolex Industries Ltd
Persistence0/8 recent comparable periods
Coverage4/5 companies · 18 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Prince Pipes & Fittings Ltd PRINCEPIPE0.9
2Finolex Industries Ltd FINPIPE3.7
3Astral Ltd ASTRAL4.7
4Supreme Industries Ltd SUPREMEIND9.1
P/Elowest P/E
1Finolex Industries Ltd FINPIPE17.0
2Prince Pipes & Fittings Ltd PRINCEPIPE38.4
3Supreme Industries Ltd SUPREMEIND47.1
4Astral Ltd ASTRAL71.6
5Apollo Pipes Ltd APOLLOPIPE⚠ unverified289.5
Valuation · company comparison
4/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Supreme Industries Ltd SUPREMEIND9.158.5Mar 2026
Astral Ltd ASTRAL4.784.4Mar 2026
Finolex Industries Ltd FINPIPE3.719.5Mar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE0.955.5Mar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified—115.8Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Astral Ltd · ASTRAL

—
—
—
—
3.0
—
—
—
3.8
—
4.3
2.1
5.3
4.7
—
—
—
—
—
—

Finolex Industries Ltd · FINPIPE

—
—
—
—
—
—
—
—
—
—
1.4
—
—
—
—
—
—
—
0.9
3.7

Prince Pipes & Fittings Ltd · PRINCEPIPE

—
—
—
—
2.1
—
—
—
—
—
1.0
—
1.1
0.9
—
—
—
—
—
—

Supreme Industries Ltd · SUPREMEIND

—
—
—
—
0.9
—
—
—
—
—
3.0
1.7
3.3
—
9.1
—
—
—
—
—

P/E · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

45.2
73.9
72.3
66.9
56.0
69.9
69.7
73.6
94.3
94.7
91.9
85.4
120.0
54.5
44.4
53.0
55.7
52.4
51.3
115.8

Astral Ltd · ASTRAL

95.4
93.1
89.4
76.0
69.3
90.3
93.6
92.6
119.2
107.1
94.1
94.6
117.1
98.5
84.6
66.1
76.9
76.2
73.3
84.4

Finolex Industries Ltd · FINPIPE

14.6
14.4
13.7
11.0
11.3
11.9
30.2
36.9
43.6
52.2
28.5
32.2
42.6
32.5
33.2
23.4
28.2
32.5
21.9
19.5

Prince Pipes & Fittings Ltd · PRINCEPIPE

34.5
33.7
29.9
27.6
25.5
25.8
44.7
51.9
61.1
61.8
39.9
29.1
44.1
35.6
35.3
36.8
91.9
156.1
119.9
55.5

Supreme Industries Ltd · SUPREMEIND

27.5
25.9
24.4
23.2
22.5
26.8
36.0
38.5
48.0
60.4
56.1
50.0
73.2
59.3
55.6
42.6
59.8
60.5
49.0
58.5
08 · compare level, then change

Enterprise Value & Book Value

Finolex Industries Ltd has the lowest EV/EBITDA among the 5 Building Materials - Plastic Pipes companies compared here, at 12.1×. Prince Pipes & Fittings Ltd is next at 13.8×. The same company also holds the lowest P/BV, at 1.64×. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Finolex Industries Ltd leads both ev/ebitda at 12.1× and p/bv at 1.64×.

LeaderFinolex Industries Ltd · 12.1×
Gap12.3% versus #2 · Prince Pipes & Fittings Ltd
Persistence0/8 recent comparable periods
Coverage5/5 companies · 100 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Finolex Industries Ltd FINPIPE12.1
2Prince Pipes & Fittings Ltd PRINCEPIPE13.8
3Apollo Pipes Ltd APOLLOPIPE⚠ unverified22.1
4Supreme Industries Ltd SUPREMEIND32.2
5Astral Ltd ASTRAL42.4
P/BVlowest P/BV
1Finolex Industries Ltd FINPIPE1.6
2Prince Pipes & Fittings Ltd PRINCEPIPE1.8
3Apollo Pipes Ltd APOLLOPIPE⚠ unverified2.6
4Supreme Industries Ltd SUPREMEIND7.1
5Astral Ltd ASTRAL9.7
Enterprise and book valuation · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Astral Ltd ASTRAL42.411.5Mar 2026
Supreme Industries Ltd SUPREMEIND32.28.3Mar 2026
Apollo Pipes Ltd APOLLOPIPE⚠ unverified22.12.3Mar 2026
Prince Pipes & Fittings Ltd PRINCEPIPE13.81.5Mar 2026
Finolex Industries Ltd FINPIPE12.11.6Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

45.1
73.3
71.8
66.4
55.7
69.3
69.1
73.0
93.3
93.8
91.0
84.8
83.1
24.4
21.7
17.5
18.7
15.3
13.7
22.1

Astral Ltd · ASTRAL

58.3
57.2
56.1
47.8
42.0
53.3
50.8
47.0
63.1
58.6
53.7
54.5
66.0
54.9
46.2
35.4
40.3
38.2
36.9
42.4

Finolex Industries Ltd · FINPIPE

10.2
9.8
9.1
7.1
7.7
8.2
19.4
23.0
25.4
29.4
17.8
19.8
25.7
20.6
20.5
14.8
18.1
19.6
13.7
12.1

Prince Pipes & Fittings Ltd · PRINCEPIPE

20.2
19.6
18.2
16.7
14.8
15.3
23.0
24.6
29.0
29.2
22.1
16.0
22.9
18.6
16.6
13.1
22.6
24.1
18.0
13.8

Supreme Industries Ltd · SUPREMEIND

18.1
17.5
16.8
15.9
14.5
17.4
22.8
24.0
29.4
36.7
35.1
31.1
44.6
36.4
33.8
25.3
34.8
34.7
27.9
32.2

P/BV · reported quarter history

Apollo Pipes Ltd · APOLLOPIPE⚠ unverified

13.7
22.4
21.9
20.3
17.0
21.2
21.1
22.3
28.6
28.7
27.9
25.9
13.3
4.0
2.9
2.5
2.9
1.9
1.6
2.3

Astral Ltd · ASTRAL

25.6
22.5
21.9
18.8
17.7
18.5
16.3
15.3
22.7
18.9
17.7
18.4
23.6
16.9
13.2
10.3
12.6
10.2
9.9
11.5

Finolex Industries Ltd · FINPIPE

5.4
3.8
3.7
2.7
2.7
2.2
3.0
2.7
2.8
2.8
2.3
2.7
4.1
3.1
2.3
1.6
2.4
2.1
1.8
1.6

Prince Pipes & Fittings Ltd · PRINCEPIPE

9.1
7.4
6.9
6.4
6.1
5.2
5.3
4.7
5.9
5.7
5.7
4.2
5.5
4.0
3.0
1.7
2.6
2.3
1.8
1.5

Supreme Industries Ltd · SUPREMEIND

8.5
9.1
8.4
7.6
5.6
6.9
8.0
8.3
9.2
11.9
12.5
11.7
14.8
13.1
11.4
8.2
9.7
9.5
7.3
8.3
09 · let price answer last

Market action

Apollo Pipes Ltd has the strongest one-year price move in Building Materials - Plastic Pipes at +17.7%. It also leads on Mansfield relative strength against NIFTY at +27.7%. 1 of 5 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Building Materials - Plastic Pipes comparison names 6 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
  • Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 5 companies in the canonical Building Materials - Plastic Pipes membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Supreme Industries Ltd SUPREMEIND₹43.9K Cr₹3,4592026-07-19Mar 2026Cross-checked
Astral Ltd ASTRAL₹39.4K Cr₹1,4682026-07-19Mar 2026Cross-checked
Finolex Industries Ltd FINPIPE₹10.2K Cr₹1642026-07-19Mar 2026Cross-checked
Prince Pipes & Fittings Ltd PRINCEPIPELAGGING, FUNDAMENTALS UP₹2.9K Cr₹2612026-07-19Mar 2026Cross-checked
Apollo Pipes Ltd APOLLOPIPEAHEAD25/26 WEEKS⚠ unverified₹2.2K Cr₹4902026-07-19Mar 2026Includes unverified figures
How each company's sources stand: 1 of 5 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 5 Building Materials - Plastic Pipes companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 1 unverified · 0 withheld, of 5 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Building Materials - Plastic Pipes company comparison FAQs

These 18 answers restate the Building Materials - Plastic Pipes comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Building Materials - Plastic Pipes index?

The Nifty Building Materials - Plastic Pipes index tracks India's listed Building Materials - Plastic Pipes companies as a single basket. This page follows the same 5 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Building Materials - Plastic Pipes sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Building Materials - Plastic Pipes stocks in India?

Ranked by this page's four-factor score, Prince Pipes & Fittings Ltd places first among 5 listed Building Materials - Plastic Pipes companies, followed by Astral Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Building Materials - Plastic Pipes stocks are listed in India?

This comparison covers 5 listed Building Materials - Plastic Pipes companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Building Materials - Plastic Pipes company is the biggest?

Supreme Industries Ltd is the largest, with trailing-twelve-month revenue of ₹11,218 crore, ahead of Astral Ltd at ₹6,568 crore. That covers 5 of 5 companies with comparable reporting through Mar 2026.

Which Building Materials - Plastic Pipes company is growing fastest?

Astral Ltd has the fastest revenue growth at 12.6% year on year, across 5 of 5 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Building Materials - Plastic Pipes company has the best profit margins?

Finolex Industries Ltd has the highest operating margin at 25%, from 5 of 5 comparable companies. Finolex Industries Ltd shows the biggest recent improvement, at +10 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Building Materials - Plastic Pipes company makes the most profit?

Supreme Industries Ltd earns the most, at ₹954 crore of trailing-twelve-month net profit, from 5 of 5 comparable companies. Prince Pipes & Fittings Ltd has the fastest profit growth at 68.2%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Building Materials - Plastic Pipes company earns the highest return on capital?

Supreme Industries Ltd leads on return on capital employed at 20.7%, across 5 of 5 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Building Materials - Plastic Pipes stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Prince Pipes & Fittings Ltd screens cheapest at 0.91×. Only 4 of 5 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Building Materials - Plastic Pipes company has the strongest balance sheet?

Supreme Industries Ltd carries the lowest comparable gross debt at ₹91 crore, from 5 of 5 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Building Materials - Plastic Pipes stock has the strongest price momentum?

Apollo Pipes Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Building Materials - Plastic Pipes company scores highest for research priority?

Prince Pipes & Fittings Ltd scores 54.8 out of 100 with 94% evidence confidence, from 25.6 points on growth and earnings, 9.8 on capital efficiency, 13.9 on valuation and 5.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Building Materials - Plastic Pipes companies does this comparison cover, and over what period?

It compares 5 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Building Materials - Plastic Pipes sector?

The 5 Building Materials - Plastic Pipes companies on this page carry ₹98,581 crore of combined market value. Supreme Industries Ltd is the largest at ₹43,937 crore, about 45% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Building Materials - Plastic Pipes sector's P/E ratio?

The median price-to-earnings ratio across the 5 Building Materials - Plastic Pipes companies on this page is 47.1×, measured on the 5 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Building Materials - Plastic Pipes sector performing?

1 of the 5 covered Building Materials - Plastic Pipes companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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