Is the Plastics - Pipes & Fittings sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
Plastics - Pipes & Fittings: Prakash Pipes Ltd owns the largest revenue base AND the fastest current growth.
The Plastics - Pipes & Fittings companies below are the listed Indian Plastics - Pipes & Fittings universe this page tracks — the same constituent set people search for as the Nifty Plastics - Pipes & Fittings 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 52-week comparison of Plastics - Pipes & Fittings against NIFTY 500 is not available from the current market series. 1 of 1 covered company currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is broad.
Equal-weight current-member sector proxy and NIFTY 500 are rebased to 100 over the latest 52 weeks.
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Prakash Pipes Ltd leads with revenue of ₹788 crore, based on 1 of 1 comparable companies through Mar 2026. Prakash Pipes Ltd has the fastest current revenue growth at 1%, across 1 of 1 comparable companies.
The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
Prakash Pipes Ltd leads with revenue of ₹788 crore, based on 1 of 1 comparable companies through Mar 2026.
Prakash Pipes Ltd has the fastest current revenue growth at 1%, across 1 of 1 comparable companies.
Prakash Pipes Ltd ranks first at 34.2/100 with 69% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Prakash Pipes Ltd has the lowest comparable gross debt at ₹19 crore. Prakash Pipes Ltd has the highest at ₹19 crore.
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.
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.
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.
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.
34.2/100 · Adverse evidence · 69% evidence
Exact sum: 4.1 + 13.2 + 6.8 + 10.1 = 34.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
Revenue 1% · PAT -48.8% · OPM change -2 pp
95% evidence
ROCE 12.5% · debt/equity 0.04×
95% evidence
P/E 15× · PEG —
35% evidence
RS sector — · RS bench 0.2% · 1Y —
25% evidence
Prakash Pipes Ltd is the only Plastics - Pipes & Fittings company on this page, with Revenue of ₹788 crore. The same company also holds the highest Revenue growth, at 1%. That is the only usable Revenue reading on this page, current through Mar 2026. Its Revenue series carries 13 reported observations across the 20-quarter window.
What the numbers say: Prakash Pipes Ltd is the scale leader at ₹788 crore, Prakash Pipes Ltd's growth is 1% from a ₹788 crore base, with 13 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Prakash Pipes Ltd is the scale benchmark; Prakash Pipes Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Prakash Pipes Ltd's growth falls below Prakash Pipes Ltd's for two consecutive comparable reports while operating margin also compresses.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | ₹223 Cr | 22% | Mar 2026 |
Prakash Pipes Ltd is the only Plastics - Pipes & Fittings company on this page, with OPM of 8%. The same company also holds the highest Margin change, at -2 percentage points. That is the only usable OPM reading on this page, current through Mar 2026. Its OPM series carries 20 reported observations across the 20-quarter window.
What the numbers say: Prakash Pipes Ltd leads both opm at 8% and margin change at -2 percentage points.
Investor read: Prakash Pipes 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.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | 8.0% | −2.0 pp | Mar 2026 |
Prakash Pipes Ltd is the only Plastics - Pipes & Fittings company on this page, with Net profit of ₹42 crore. The same company also holds the highest Profit growth, at -48.8%. That is the only usable Net profit reading on this page, current through Mar 2026. Its Net profit series carries 13 reported observations across the 20-quarter window.
What the numbers say: Prakash Pipes Ltd leads with ₹42 crore of TTM profit, Prakash Pipes Ltd shows -48.8% growth from a ₹42 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Prakash Pipes 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.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | ₹13 Cr | 30% | Mar 2026 |
No company in this Plastics - Pipes & Fittings comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 1 company has 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.
Prakash Pipes Ltd is the only Plastics - Pipes & Fittings company on this page, with Gross debt of ₹19 crore. That is the only usable Gross debt reading on this page, current through Mar 2026. Its Gross debt series carries 5 reported observations across the 20-quarter window.
What the numbers say: Prakash Pipes Ltd leads gross debt at ₹19 crore; the second comparison lacks enough current evidence.
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.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | ₹19 Cr | — | Mar 2026 |
No consistent historical series is available for net debt.
Prakash Pipes Ltd is the only Plastics - Pipes & Fittings company on this page, with ROCE of 12.5%. The same company also holds the highest ROCE change, at -15 percentage points. That is the only usable ROCE reading on this page, current through Mar 2026.
What the numbers say: Prakash Pipes Ltd leads ROCE at 12.5%. Prakash Pipes Ltd has the strongest latest improvement at -15 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.
Investor read: Prakash Pipes 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.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | 13% | −15.0 pp | Mar 2026 |
No consistent historical series is available for roce.
No consistent historical series is available for roce change.
No company in this Plastics - Pipes & Fittings comparison has a valuation figure that passes this section's guard, so the Guarded PEG rank is empty. On P/E, Prakash Pipes Ltd is lowest at 15×, across 1 of 1 company with a usable reading.
What the numbers say: There is not enough comparable evidence to name a reliable guarded peg leader.
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.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | — | 10.5 | Mar 2026 |
No consistent historical series is available for guarded peg.
Prakash Pipes Ltd is the only Plastics - Pipes & Fittings company on this page, with EV/EBITDA of 2.7×. The same company also holds the lowest P/BV, at 1.36×. That is the only usable EV/EBITDA reading on this page, current through Mar 2026. Its EV/EBITDA series carries 20 reported observations across the 20-quarter window.
What the numbers say: Prakash Pipes Ltd leads both ev/ebitda at 2.7× and p/bv at 1.36×.
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.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
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.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Prakash Pipes Ltd PPL | 2.7 | 0.9 | Mar 2026 |
Price shows what happened; relative strength shows who is winning the argument against the market and the sector. Prakash Pipes Ltd leads on Mansfield relative strength against NIFTY at +0.2%. 1 of 1 covered company is above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
This Plastics - Pipes & Fittings comparison names 5 specific ways its own evidence can mislead, all listed below. The one company here reports on comparable dates, so no rank carries a stale marker. 2 of the 8 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.
The one company in the canonical Plastics - Pipes & Fittings membership is 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.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Prakash Pipes Ltd PPL | ₹649 Cr | ₹271 | 2026-07-19 | Mar 2026 | Primary source only |
This comparison is built from the reported filings of 1 Plastics - Pipes & Fittings company, 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.
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.
These 16 answers restate the Plastics - Pipes & Fittings comparison above in question form. Every one is computed from the same 1 company 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.
The Nifty Plastics - Pipes & Fittings index tracks India's listed Plastics - Pipes & Fittings companies as a single basket. This page follows the same 1 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Plastics - Pipes & Fittings sector rather than to its largest constituent. Figures are as of Mar 2026.
Ranked by this page's four-factor score, Prakash Pipes Ltd places first among 1 listed Plastics - Pipes & Fittings companies. 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.
This comparison covers 1 listed Plastics - Pipes & Fittings 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.
Prakash Pipes Ltd is the largest, with trailing-twelve-month revenue of ₹788 crore. That covers 1 of 1 companies with comparable reporting through Mar 2026.
Prakash Pipes Ltd has the fastest revenue growth at 1% year on year, across 1 of 1 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.
Prakash Pipes Ltd has the highest operating margin at 8%, from 1 of 1 comparable companies. Prakash Pipes Ltd shows the biggest recent improvement, at -2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Prakash Pipes Ltd earns the most, at ₹42 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Prakash Pipes Ltd has the fastest profit growth at -48.8%, though growth off a small or recovering profit base overstates how much has actually changed.
Prakash Pipes Ltd leads on return on capital employed at 12.5%, across 1 of 1 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.
Prakash Pipes Ltd carries the lowest comparable gross debt at ₹19 crore, from 1 of 1 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.
Prakash 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.
Prakash Pipes Ltd scores 34.2 out of 100 with 69% evidence confidence, from 4.1 points on growth and earnings, 13.2 on capital efficiency, 6.8 on valuation and 10.1 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.
It compares 1 listed companies over up to 20 reported quarters of fundamentals and 9 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.
The 1 Plastics - Pipes & Fittings companies on this page carry ₹649 crore of combined market value. Prakash Pipes Ltd is the largest at ₹649 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-26.
1 of the 1 covered Plastics - Pipes & Fittings 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 2026-07-26.
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.
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.