Prince Pipes schedules investor meets in Mumbai for June 2026

0 min read     Updated on 04 Jun 2026, 12:20 AM
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Prince Pipes and Fittings Limited has scheduled investor and analyst meetings in Mumbai for June 8 and 9, 2026, to discuss business performance. The company confirmed no unpublished price sensitive information will be shared and no presentation will be provided.

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Prince Pipes and Fittings Limited has scheduled a series of interactions with analysts and institutional investors in Mumbai for June 2026. The meetings are intended to facilitate one-on-one and group discussions with the company's officials to discuss business performance and strategy. No unpublished price sensitive information will be disclosed during these interactions, and no presentation material will be shared.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Obligations and Disclosure Requirements) Regulations, 2015. Jyoti Sancheti, Company Secretary & Compliance Officer, signed the intimation on June 03, 2026. The company noted that the schedule may be subject to change due to business exigencies.

Meeting Schedule

Date Participants Mode Type
Monday, 08th June 2026 Institutional Investors / Fund Managers Physical - Mumbai One to one meeting
Tuesday, 09th June 2026 Institutional Investors / Analysts Physical - Mumbai One to one meeting & group meeting

Historical Stock Returns for Prince Pipes & Fittings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.66%+1.80%+3.59%+4.75%-17.42%-61.72%

What strategic initiatives is Prince Pipes likely to emphasize during these discussions to drive future growth?

How might the outcomes of these meetings influence investor sentiment and stock performance in the short term?

Could the timing of these interactions signal upcoming changes in the company's business model or market focus?

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Prince Pipes FY26 net profit rises 70% to ₹73 crore

2 min read     Updated on 28 May 2026, 03:07 AM
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Prince Pipes and Fittings Limited reported a 70% YoY increase in FY26 net profit to ₹73 crore, supported by a 133% rise in Q4 net profit to ₹56 crore. Revenue for the year grew 3% to ₹2,598 crore, driven by record quarterly volumes. The company announced a final dividend of ₹1 per share and provided FY27 guidance, targeting EBITDA margins of 11-13% and volume growth of 12-15%.

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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.

Metric: Q4 FY26 Q4 FY25 Change (YoY)
Net Profit ₹56 crore ₹24 crore +133%
Revenue from Operations ₹850 crore ₹720 crore +18%
EBITDA ₹110 crore ₹55 crore +100%
EBITDA Margin 12.89% 7.60% Expanded

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.

Metric: FY26 (Audited) FY25 (Audited) Change
Net Profit ₹73 crore ₹43 crore +70%
Revenue from Operations ₹2,598 crore ₹2,524 crore +3%
EBITDA ₹232 crore ₹162 crore +43%
EPS (Basic) ₹6.62 ₹3.90 +69.7%

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.

Historical Stock Returns for Prince Pipes & Fittings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.66%+1.80%+3.59%+4.75%-17.42%-61.72%

How will the planned ₹200-210 crore capex for FY27 specifically impact production capacity and market share once the Bhuj facility is fully operational?

What strategies will management employ to sustain the current EBITDA margin expansion of 11-13% amidst potential raw material price volatility in the coming year?

Can the Bathware segment expect to turn profitable in the near term following the strategic acquisition of Aquel, or will it remain a drag on earnings?

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1 Year Returns:-17.42%