THREE PVC PIPE STOCKS WITH A STRONG UPSIDE POTENTIAL OF MORE THAN 25%

India’s PVC pipe market is expected to grow at a 10–12% CAGR over the next 5 years, thereby presenting selective investment opportunities within this structural upcycle. The industry continues to shift from a fragmented, agri-led market to a more organised ecosystem catering to applications across water supply, sanitation, plumbing, and industrial use. Below are 3 PVC pipe manufacurers whose stock price could see a 25% upside in the next one year.

- this is an integrated piping solution & manufacturer of polymer piping solutions in CPVC, UPVC, HDPE, PPR. The company is repositioning itself as an integrated water solutions provider by scaling up its bathware and water tank businesses. Sales growth is expected at 9-10% CAGR and profit margin improvement to 10-11% by FY28. - this is a manufacturer of plumbing and drainage systems in India. Moreover, the company has also forayed into bathware and adhesive business over the years. Sales growth is expected at 12-14% CAGR and profit margin improvement to 15-18% by FY28. - this is one of the leading plastics product manufacturer operating in various categories like Plastic Piping System, Cross Laminated Films & Products, Packaging Products, Moulded Furniture, Storage & Material Handling Products. Sales growth is expected at 15-17% CAGR and profit margin improvement to 18-20% by FY28.