Prakash PipesNSE:PPL +0.58%74 Net Margin % is 6.04% as of Mar. 2026, which is 24% below its 10-year median of 7.98. GuruFocus rates NSE:PPL with a GF Score™ of 74/100 and a GF Value™ of ₹423.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,766 Construction companies, Prakash Pipes ranks better than 61.38% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Prakash Pipes's Net Income for the
three
months ended in Mar. 2026 was ₹135 Mil. Prakash Pipes's Revenue for the
three
months ended in Mar. 2026 was ₹2,232 Mil. Therefore, Prakash Pipes's net margin for the quarter that ended in Mar. 2026 was 6.04%.
The historical rank and industry rank for Prakash Pipes's Net Margin % or its related term are showing as below:
NSE:PPL'
s Net Margin % Range Over the Past 10 Years
Min: 5.48 Med: 7.98 Max: 13.39
Current: 5.49
NSE:PPL's Net Margin % is ranked better than 61.38% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs NSE:PPL: 5.49
Prakash Pipes (NSE:PPL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Prakash Pipes Net Margin % Related Terms
Prakash Pipes Net Margin % Historical Data
* Premium members only.
The historical data trend for Prakash Pipes's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Products & Equipment subindustry, Prakash Pipes's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Prakash Pipes Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, Prakash Pipes's Net Margin % distribution charts can be found below:
* The bar in red indicates where Prakash Pipes's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Prakash Pipes (NSE:PPL) has a Net Margin % of 6.04% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Prakash Pipes and its competitors. This is 24% below median its historical median of 7.98. Over the past decade, Prakash Pipes' Net Margin % has ranged from 5.48 to 13.39. According to the industry distribution chart, Prakash Pipes ranks #682 out of 1766 companies in the Construction industry, placing it in the top 38.6%.
Is Prakash Pipes' Net Margin % too high?
Prakash Pipes' current Net Margin % of 6.04% is 24% below median its 10-year median of 7.98. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 13.39. The Construction industry median Net Margin % is 3.92. Prakash Pipes' value of 6.04% is 54.1% above this industry median. Based on the distribution chart, Prakash Pipes ranks #682 out of 1766 companies in the Construction industry, which is above the industry midpoint. Overall, Prakash Pipes has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prakash Pipes' Net Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Prakash Pipes ranks #682 out of 1766 companies for Net Margin %. This puts Prakash Pipes in the upper half of its industry. The industry median Net Margin % is 3.92. Prakash Pipes' value of 6.04% is 54.1% above this benchmark. Historically, Prakash Pipes' own Net Margin % has ranged from 5.48 to 13.39 over the past decade. While the company's 10-year median is 7.98 vs. the industry median of 3.92, Prakash Pipes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Prakash Pipes's current Net Margin % of 6.04% is 54.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Prakash Pipes and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Pipes's current Net Margin % is 6.04%, which is 24% below median its own 10-year median of 7.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Pipes stock overvalued right now?
Based on GuruFocus' analysis, Prakash Pipes (NSE:PPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹423.38, compared to a current price of ₹262.74 — trading 37.9% below its estimated fair value. The current Net Margin % is 6.04%, which is 24% below median its 10-year median of 7.98 and 54.1% above the Construction industry median of 3.92. Prakash Pipes' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Prakash Pipes (NSE:PPL), the current Net Margin % is 6.04% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Prakash Pipes (NSE:PPL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Pipes stock appears to be undervalued.
The current stock price of ₹262.74 is trading 37.9% below its estimated GF Value™ of ₹423.38.
GuruFocus considers Prakash Pipes to be Possible Value Trap.
Key valuation signals for NSE:PPL:
Net Margin %: 6.04% (24% below median its 10-year median of 7.98)
GF Value™: ₹423.38 vs. price of ₹262.74 (37.9% below fair value)
Industry Position: 54.1% above the Construction median (#682 of 1766)
No single metric tells the full story. See the NSE:PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes, and their related Fittings. Its segments are PVC Pipe and fittings, and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fittings.
74GF Score
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