As of 6 Nov 2026, Captain Pipes trades at 18.6× trailing earnings, below the industry P/E of 24.8×, and the shares are 46% below their 52-week high. Sales fell 3.1% a year over 3 years while net profit grew 57%; its ROCE of 15% is the second-lowest among the 7 largest Building Products & Equipment peers. Debt is 0.64× equity. It is a small-cap company with a market cap of ₹117 Cr, ranked 41st of 64 Building Products & Equipment companies by market cap; the shares fell 41% over the past year.
- ₹7.59
- ₹7.68
- ₹7.35
- ₹7.49
- 58.4K
Health check
- ReturnsBehind
−41.3% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 18.6 vs industry 24.8.
- GrowthSteady
Sales −3.1%, profit +57.3% a year over 3 years.
- ProfitabilityAverage
ROCE 15.1% vs peer median 20.7%.
- Balance sheetFair
Debt 0.64× equity, interest covered 4.3×, Piotroski 5 of 9.
- Red flags2 to check
Quarterly profit down 49.7% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹117 Cr
- Small cap
- P/E
- 18.6
- Industry 24.8
- Price to book
- 2.32
- Peers 7.95
- Dividend yield
- 0.00%
- ROE
- 12.1%
- Peers 18.7%
- ROCE
- 15.1%
- Peers 20.7%
- Debt to equity
- 0.64
- Debt ₹34 Cr
- EPS (TTM)
- ₹0.41
- OPM (TTM)
- 9.7%
- Net margin 7.4%
- Sales growth
- +13.1%
- Latest quarter vs a year ago
- Profit growth
- −49.7%
- Latest quarter vs a year ago
- Price to sales
- 1.42
- EV/EBITDA 20.2
Strengths and risks
Strengths
- P/E of 18.6 against an industry P/E of 24.8.
Risks to check
- Quarterly profit down 49.7% on a year ago.
- 46% below its 52-week high.
About Captain Pipes
Captain Pipes Limited manufactures and sells uPVC pipes and fittings in India. It provides uPVC column pipes/borehole pipes, column pipe accessories, pressure pipes and fittings, plumbing pipes and fittings, and casing pipes; CPVC plumbing pipes and fittings; SWR pipes and fittings; and uPVC/PVC/CPVC solvent cement. The company also offers garden hose, suction, and HDPE pipes; and irrigation equipment. The company was incorporated in 2010 and is…
- Headquarters
- Rajkot
- Employees
- 61
- Sector
- Industrials
- ISIN
- INE513R01026
- Website
- captainpipes.com
Price range
- Avg volume (3M)
- 76.6K
- 1-year return
- minus 41.3%
- From 52-week high
- minus 45.6%
Peers · Building Products & Equipment
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CPPLUSAditya Infotech | 4,131.40 | minus 0.94% | 50,682 | 82.2 | 88.3 | 25.9% | 14.5% | 0.10 | 22.7% | plus 215.4% |
| SUPREMEINDSupreme Industries | 3,156.90 | minus 4.07% | 40,118 | 35.5 | 25.0 | 19.6% | 14.4% | 0.01 | 6.8% | minus 15.4% |
| ASTRALAstral | 1,253.60 | minus 9.68% | 33,678 | 59.3 | 31.1 | 17.6% | 15.5% | 0.08 | 8.4% | minus 5.4% |
| BLUESTARCOBlue Star | 1,575.00 | plus 0.19% | 32,381 | 60.6 | 33.4 | 20.7% | 6.6% | 0.22 | 15.7% | minus 18.0% |
| GRINDWELLGrindwell Norton | 1,919.10 | minus 0.55% | 21,248 | 46.0 | 34.1 | 21.0% | 19.2% | 0.02 | 6.6% | plus 16.8% |
| KAJARIACERKajaria Ceramics | 1,180.70 | minus 2.08% | 18,554 | 31.1 | 21.0 | 21.0% | 19.0% | 0.13 | 3.3% | plus 3.3% |
| FINPIPEFinolex Industries | 141.95 | minus 1.95% | 8,777 | 14.5 | 9.5 | 12.6% | 17.5% | 0.02 | −2.4% | minus 23.1% |
| CAPPIPESCaptain Pipes | 7.61 | plus 1.60% | 117 | 18.6 | 15.6 | 15.1% | 9.7% | 0.64 | −3.1% | minus 41.3% |
| Median of 7 peers | – | −1.95% | 32,381 | 46.0 | 31.1 | 20.7% | 15.5% | 0.08 | 6.8% | −5.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 20.9 | 17.3 | 20.1 | 19.4 | 23.7 | |
| 19 | 15.2 | 18.2 | 16.9 | 22.3 | |
| 1.9 | 2.1 | 1.9 | 2.5 | 1.3 | |
| 9.2% | 12.3% | 9.4% | 12.7% | 5.7% | |
| 0.6 | 0.6 | 1.5 | 1.5 | 0.8 | |
| 0.4 | 0.7 | 0.8 | 0.7 | 0.7 | |
| 0.4 | 0.5 | 0.6 | 0.6 | 0.6 | |
| 1.8 | 1.6 | 2 | 2.7 | 0.9 | |
| 16.4% | 15.3% | 6.7% | 13.6% | 15.3% | |
| 1.5 | 1.3 | 1.9 | 2.3 | 0.7 | |
| 0.10 | 0.09 | 0.12 | 0.15 | 0.05 |
Profit & loss
- Sales CAGR 3Y
- −3.1%
- Profit CAGR 3Y
- +57.3%
- EPS CAGR 3Y
- +51.3%
- ROE
- 12.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 85.5 | 76.3 | 76.7 | 77.7 | |
| – | minus 10.7% | +0.5% | +1.3% | |
| 81.3 | 68.5 | 68.6 | 68.2 | |
| 4.2 | 7.9 | 8.1 | 9.5 | |
| 4.9% | 10.3% | 10.6% | 12.2% | |
| −0.1 | −0.1 | 4.4 | 4 | |
| 0.6 | 1.1 | 1.3 | 2.4 | |
| 1 | 1 | 0.9 | 2.1 | |
| −0 | −0.1 | – | −1 | |
| 2.5 | 5.5 | 10.3 | 8 | |
| 27.2% | 27.6% | 14.8% | 12.8% | |
| 1.8 | 4 | 8.8 | 7 | |
| – | +121.8% | +119.9% | minus 20.2% | |
| 0.13 | 0.27 | 0.30 | 0.45 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.9 | 14.8 | 15.4 | 15.4 | |
| 6.2 | 10.7 | 28.7 | 35.7 | |
| 2.6 | 5.8 | 15.8 | 31.2 | |
| 10.4 | 11.9 | 7.8 | 10.9 | |
| 33.1 | 43.2 | 67.7 | 93.2 | |
| 8.3 | 11.4 | 21.1 | 36.6 | |
| – | 0.2 | 10.2 | 0.4 | |
| 1.9 | 7.3 | 11.8 | 17.7 | |
| 2.8 | 0.2 | 0 | 0.1 | |
| 20.2 | 24.1 | 24.6 | 38.4 | |
| 33.1 | 43.2 | 67.7 | 93.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.8 | 4.1 | −2.4 | 10.2 | |
| −0.6 | −10.1 | −15.9 | −23 | |
| 0.4 | 3.4 | 18.3 | 12.9 | |
| 2.6 | −2.6 | 0 | 0.1 | |
| −0.7 | −4.2 | −10.6 | −17.6 | |
| 2.1 | −0.1 | −13 | −7.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.