Astral Poly vs Supreme Industries vs Finolex Industries vs Prince Pipe | Top stock in piping sector?

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Astral Polytechnik
Astral Poly Technik was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country.
Astral commenced its operations about 21 years ago with a strong vision of manufacturing CPVC plumbing systems in India. Today, Astral is one of India’s largest manufacturer of Chlorinated Poly Vinyl Chloride (CPVC) and Poly Vinyl Chloride (PVC) plumbing systems used across various industries.
It is present majorly into Pipes with 77% contribution in the sales of FY20 and adhesives that contributed 23% in the total revenue in FY20.
It products are used across Plumbing systems, Drainage systems, Agriculture, Industrial and Electrical Conduit Pipes with all kinds of necessary fittings.
It has an extensive distribution network of 800+ distributors and 31,000+ dealers (Pipes) 1,300+ distributors and 1,30,000+ dealers (Adhesives).

Supreme Industries
Established in 1942, Supreme Industries is one of the leading plastic products manufacturing companies in India having 25 manufacturing facilities spread across the country, offering a wide and comprehensive range of plastic products in India.
The company operates in various product categories including Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded Furniture, Storage & Material Handling Products, Performance Packaging Films and Composite LPG Cylinders.
In FY20, Plastic piping business contributed 62.5% in total revenue of the company, it is followed by packaging products which contributed 17.4% in total revenues, industrial product contributed 12% and rest is from consumer product, construction, etc. So the business is highly diversified.

Finolex Industries
Established in 1981, Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations. Its product portfolio consists of two major divisions:
PVC Resin
PVC Pipes & Fittings
The company is the only large vertically integrated player in the domestic market which produces its entire requirement of PVC resin, the major raw material used in manufacturing PVC Pipes & Fittings.
Presently, PVC Pipes and Fittings business contributes to 60% of revenues & the rest 40% is contributed by its PVC Resin sales.
It has an established wide distribution network of 900 dealers and 21,000+ retailers that cater to customers across the country.

Prince Pipes
Prince Pipes and Fittings Limited is an Indian manufacturer of polymer pipes and fittings for plumbing, irrigation and sewage disposal. It ranks amongst the top 5 companies in the piping industry.
A wide range of 7,167 SKU’s finding application across Plumbing, Sewage, agriculture, borewell, water storage and cable ducting.
With a combined network of 1055 distributors which includes 843 Prince Distributors and 212 Trubore Distributors, Prince Pipes is constantly increasing its pan-India distributor base
It has created a separate vertical for introducing niche products and technologies in the trade.

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