Prakash Pipes FY26 net profit rises to ₹43 crore, dividend up

1 min read     Updated on 31 May 2026, 03:08 AM
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AI Summary

Prakash Pipes Limited reported a 31% YoY rise in Q4 net profit to ₹13 crore, with annual net sales reaching ₹789 crore. The Board recommended a total dividend of ₹3.40 per share for FY26.

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Prakash Pipes Limited reported its financial results for the quarter and year ended March 31, 2026, demonstrating growth across key metrics despite industry challenges. The company achieved net sales of ₹223 crore for the quarter, reflecting a 22% increase over the corresponding period of the previous financial year, while profit after tax rose by 31% year-on-year to ₹13 crore. For the full year, net sales reached ₹789 crore and profit after tax stood at ₹43 crore, resulting in an earnings per share (EPS) of ₹18.09.

Q4 and Annual Financial Performance

For the quarter, EBITDA stood at ₹23 crore, a 24% increase compared to the same quarter last year. On an annual basis, the company reported EBITDA of ₹76 crore. The audited financial results were reviewed by the Audit Committee and approved by the Board on May 30, 2026.

Metric Q4FY26 Q4 Previous Year FY26
Net Sales ₹223 Crore - ₹789 Crore
EBITDA ₹23 Crore - ₹76 Crore
Profit After Tax ₹13 Crore ₹10 Crore ₹43 Crore
EPS - - ₹18.09

Dividend Declaration

The Board of Directors has recommended a final dividend of 24%, or ₹2.40 per equity share of ₹10 each. Combined with the interim dividend of 10%, or ₹1 per share declared earlier, the total dividend for the year aggregates to 34%, equivalent to ₹3.40 per equity share. This marks an increase from the total dividend of ₹2.40 per share paid in the previous financial year.

Operational Updates

The PVC Pipes & Fittings Division faced a challenging year due to raw material price volatility and unseasonal rainfall. Despite this, the division achieved a sales volume of 48,118 MT, registering growth of approximately 13% over the last financial year. The Flexible Packaging Division also performed well, achieving a sales volume of 16,605 MT, a growth of around 7% year-on-year. The division is undertaking a phased capacity expansion plan to enhance installed capacity.

Historical Stock Returns for Prakash Pipes

1 Day5 Days1 Month6 Months1 Year5 Years
+0.97%+10.89%-3.82%-18.20%-55.24%+27.54%

What is the expected timeline and incremental capacity from the Flexible Packaging Division's phased expansion plan?

How does the company plan to mitigate raw material price volatility in the PVC Pipes & Fittings Division moving forward?

What is the projected capital expenditure required to fund the upcoming capacity expansions?

Prakash Pipes board to meet on May 30 to consider FY26 results

1 min read     Updated on 22 May 2026, 08:30 PM
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AI Summary

Prakash Pipes Limited will hold a board meeting on May 30, 2026, to consider audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend for the financial year. The trading window remains closed for designated persons until 48 hours post-result announcement.

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Prakash Pipes Limited has announced that its board of directors will meet on Saturday, May 30, 2026, in New Delhi. The primary agenda for the meeting includes the consideration of the audited financial results for the quarter and financial year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate upon the company's financial performance for the fourth quarter and the full fiscal year 2025-26. Alongside the results, the directors will consider and recommend a dividend, if any, on the equity shares of the company for the financial year ended March 31, 2026.

Trading Window Closure

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Trading by Insiders, the trading window will remain closed. This restriction applies to all designated persons and will continue until 48 hours after the audited financial results are made public.

Key Meeting Details

Detail Information
Meeting Date May 30, 2026
Meeting Day Saturday
Location New Delhi
Financial Period Quarter and Year ended March 31, 2026
Agenda Audited Results, Dividend Recommendation

Historical Stock Returns for Prakash Pipes

1 Day5 Days1 Month6 Months1 Year5 Years
+0.97%+10.89%-3.82%-18.20%-55.24%+27.54%

How might Prakash Pipes Limited's FY2025-26 revenue and profit margins compare to industry peers amid fluctuating raw material costs in the pipes sector?

Will the board's dividend recommendation signal a shift in the company's capital allocation strategy toward shareholder returns versus reinvestment for expansion?

How could potential infrastructure spending changes in India's Union Budget impact Prakash Pipes Limited's order book and revenue outlook for FY2026-27?

More News on Prakash Pipes

1 Year Returns:-55.24%