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HomeSTOCKS₹18 Share; Expert Said- 'buy' Fast; Target ₹25 And ₹30; Strong Revenue...

₹18 Share; Expert Said- ‘buy’ Fast; Target ₹25 And ₹30; Strong Revenue Growth

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Penny Stock To Buy: Amidst the excitement in the market, on Tuesday, the second trading day of the week, the shares of Captain Pipes Limited (Captain Pipes share price) appeared under pressure.

The price of this share fell by about 2 percent. However, experts seem bullish about this stock.

What Do Experts Say?

Expert is bullish on the stock of Captain Pipes and has kept the target of this stock at Rs 25 and Rs 30.

Expert said that they initiated coverage on Captain Pipes Limited with a ‘Buy’ rating and target of Rs 25, which is 25% above the current market price. 

They believe that the company is strategically placed to profit from the huge opportunities available in the field of plastic pipe.

The company is projected to expand its EBITDA margin to the range of 11%-12% over the next 2 years. 

Notably, the company has consistently recorded strong revenues and EBITDA over the last five quarters. 

It is anticipated that the company’s results will rise further due to stabilization in the prices of raw materials and the growth of the distribution network.

Current Share Price

The share price on Wednesday was Rs 18.

At the close of trading on Tuesday, the share price was 18.70 which was a drop in the range of 1.48%. Let us inform you that in May 2023, the price of shares was at its 52-week highest of 35.79. 

Talking about the shareholding pattern, till December 2023, promoters held 73.78 percent stake. At the same time, public shareholding was 26.22 percent.

About Captain Pipes Ltd

Captain Pipes Limited is an Indian-based business that is in the manufacturing and selling of non-plasticized polyvinyl chloride (UPVC) fittings and pipes.

The company provides column pipes, borewell pipes, pressure pipes, plumbing pipes, etc. 

These UPVC column pipe is sold in a variety of grades, including tiny medium deluxe plus standard, medium deluxe plus standard, heavy, as well and super heavy. 

Their UPVC columns include accessories like an adaptor, a pump guard set, and a belt wrench. 

The company also offers a variety of UPVC and polyvinylchloride (PVC) along with CPVC solvent cement. 

It provides a variety of pipe solutions that can be used in plumbing, agriculture, and drainage. The plant is located in Shapar, Gujarat.

Fundamental Analysis of Captain Pipes Ltd

Market Cap₹ 278 Cr.
Current Price₹ 18.8
52-wk High₹ 35.8
52-wk Low₹18.2
Stock P/E68.8
Book Value₹ 1.60
Dividend0.00 %
ROCE16.6 %
ROE10.6 %
Face Value₹ 1.00
P/B Value11.8
OPM9.53 %
EPS₹ 0.28
Debt₹ 10.0 Cr.
Debt to Equity0.42

Captain Pipes Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹25₹32
2025₹34₹48
2026₹52₹67
2027₹70₹92
2028₹100₹112
2029₹115₹134
2030₹150₹184
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Captain Pipes Ltd Shareholding Pattern

Promoters Holding
Dec 202273.81%
Mar 202372.23%
June 202372.23%
Sept 202373.78%
Dec  202373.78%
Public Holding
Dec 202226.17%
Mar 202327.76%
June 202327.76%
Sept 202326.22%
Dec  202326.22%

Captain Pipes Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹54.57 Cr
2020₹45.48 Cr
2021₹40.24 Cr
2022₹82.57 Cr
2023₹77.32 Cr
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Last 5 Years’ Net Profit:

2019₹0.28 Cr
2020₹0.38 Cr
2021₹0.28 Cr
2022₹5.13 Cr
2023₹4.04 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.47
20200.24
20210.36
20220.24
20230.13

Last 10 Years’ Profit Growth:

10 Years:46%
5 Years:26%
3 Years:68%
Current Year:432%
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Last 10 years’ Return on Equity (ROE):

10 Years:3%
5 Years:6%
3 Years:6%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:11%
5 Years:14%
3 Years:23%
Current Year:3%

Conclusion

This article is a complete guide about Captain Pipes Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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