with a market valuation of 325.40 Crore, Captain Pipes Limited is a Small-cap business operating in Capital goods industry. Captain Pipes Limited is one of the top 10 producers and exporters of PVC pipes for drainage, plumbing and agriculture use, among other piping solutions. The company had earlier fixed Thursday, March 2, 2023 as the record date for two corporate actions, namely, 2:1 bonus shares and 1:10 stock split; However, the record date has now been changed.
Captain Pipes said in a stock exchange filing today that “pursuant to our prior communication dated February 18, 2023, informing us of the determination of the record date of Thursday, March 2, 2023, to ascertain the eligibility of shareholders entitled to stock For the purpose of split / sub-split of equity shares and bonus, we wish to inform you that the record date has been revised to Friday March 3, 2023 as it requires a gap of five working days from the date of EGM. Hence Friday , March 3, 2023 is declared as the revised record date for 1. Sub-division of 1 (one) Equity Share of face value of Rs. 10/- each fully paid-up for 10 (ten) Equity Shares of face value of Rs. 1/- each fully paid. 2. Issue of 2 (two) Bonus Shares for every 1 (one) Equity Shares held by the Equity Shareholders of the Company.
During FY22, the company reported a net revenue of 82.98 Cr, up 103.64% YoY 40.75 crore in FY21. Captain Pipes recorded a net expense 82.02 Cr in FY22, up 103.51% YoY 40.30 crore in FY21. Captain Pipes net profit reached 5.13 Cr in FY22, up 1,751.09% YoY 0.28 Cr in FY21, while Captain Pipes’ EPS stood at Rs. compared to 12.34 0.67 in FY21.
Shares of Captain Pipes closed on BSE today. 700.00 per share, down 2.78% from its previous close. 720.00. The stock recorded a volume average of 3,499 shares. The share price climbed from Rs. 49 at the current market price during the last five years, resulting in multibagger returns of 1,328.57%. The share price jumped from Rs. 25 from the current market price during the last three years, resulting in multibagger returns of 2,700%. share price increased from 88 at the current market price during the last year, resulting in multibagger returns of 695.45%. The stock has appreciated 37.52% year-to-date (YTD) in 2023, and in last six months, it has gone from low 185 at the current market price, representing a multibagger return of 278.38%. The stock touched a 52-week high 790.00 (01/02/2023) and at 52-week low 72.00 on (29/04/2022), it shows that at current market price, the stock is trading 11.39% down from 1 year high and 872.22% higher from 1 year low.
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