Prince Pipes and Fittings Limited has reported its audited standalone financial results for the quarter and year ended March 31, 2026. The company's net profit for the full financial year 2025-26 rose by 70% to ₹73 crore, compared to ₹43 crore in the previous year. Revenue from operations for the year increased by 3% to ₹2,598 crore from ₹2,524 crore in FY25. The Board of Directors has recommended a final dividend of ₹1 per share of face value ₹10 each for the year ended March 31, 2026, subject to shareholder approval.

For the fourth quarter of FY26, the net profit stood at ₹56 crore, a significant increase from ₹24 crore in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 was ₹850 crore, compared to ₹720 crore in Q4 FY25. The company achieved its highest ever quarterly sales volume of 62,167 MT, growing by 23% YoY.

Q4 FY26 Operational Performance

Prince Pipes delivered a strong operational performance in Q4 FY26, with EBITDA rising to ₹110 crore from ₹55 crore in the same quarter of the previous year. The EBITDA margin expanded to 12.89% from 7.60% year-on-year. Management attributed the margin expansion to superior cost absorption due to record volumes, a strong product mix, and the absence of inventory losses.

Full Year Financial Highlights

The earnings per share (EPS) for the year increased to ₹6.62 from ₹3.90 in the previous year. For FY26, EBITDA stood at ₹232 crore, a growth of 43% YoY, with margins at 9%. The company took an exceptional item of ₹2.05 crore net of tax towards estimated increase in provision for employee benefits arising from the implementation of the new Labour Code.

Strategic Initiatives and Outlook

During the quarter, the company expanded its product portfolio with the launch of DECILO, an advanced low-noise PP pipe solution. It also completed the second phase of its asset purchase agreement with Klaus Waren Fixtures Limited for the strategic acquisition of the Bathware brand, Aquel. The Bathware segment reported revenue of ₹16 crore and a loss of ₹5 crore for the quarter.

Management provided guidance for EBITDA margins in the range of 11% to 13% for the current financial year, with volume growth expected between 12% and 15%. The company plans a capex of ₹200 crore to ₹210 crore for FY27, which includes maintenance, debottlenecking, and the completion of the Bhuj facility. Working capital efficiency improved significantly, with working capital days reducing to 45 days in FY26 from 98 days in the previous year.

Prince pipes & fittings Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 14, 2026. Chief Financial Officer Anand Gupta signed the submission letter addressed to both BSE Limited and National Stock Exchange of India Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines.

The registrar confirmed that all security certificates received for dematerialisation were verified, mutilated, and cancelled after due verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners according to regulatory requirements.

Company Operations

Prince Pipes and Fittings Limited operates as a manufacturer and exporter of UPVC, CPVC, PPR, and HDPE pipes, fittings, valves, and water tanks. The company maintains ISO certifications including ISO 50001:2018, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

The filing represents routine regulatory compliance, ensuring transparency in the company's securities handling and dematerialisation processes as mandated by SEBI regulations.