Prakash Pipes Reports ₹9 Crore Net Profit in Q2, Achieves Higher PVC Pipe Sales Volume

2 min read     Updated on 14 Nov 2025, 08:18 PM
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Overview

Prakash Pipes Limited announced its Q2 FY2026 results, reporting a net profit of ₹9.00 crore on net sales of ₹181.00 crore. The PVC Pipes & Fittings division saw volume growth to 10,659 MT, while the Flexible Packaging division maintained stable performance at 4,033 MT. Despite challenges from prolonged monsoons, the company remains optimistic about demand recovery in H2 FY2026, particularly in agriculture and construction sectors. The company plans to shift its registered office within Amritsar city limits from December 1, 2025.

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*this image is generated using AI for illustrative purposes only.

Prakash Pipes Limited , a leading manufacturer of PVC pipes and flexible packaging solutions, has announced its financial results for the second quarter ended September 30, 2025. The company reported a net profit of ₹9.00 crore on net sales of ₹181.00 crore for the quarter, demonstrating resilience in a challenging market environment.

Financial Highlights

For the quarter ended September 30, 2025, Prakash Pipes Limited achieved the following financial results:

Metric Q2 FY2026 Q2 FY2025 H1 FY2026
Net Sales ₹181.00 crore ₹200.00 crore ₹384.00 crore
EBITDA ₹17.00 crore ₹37.00 crore ₹35.00 crore
Net Profit ₹9.00 crore ₹24.00 crore ₹20.00 crore
EPS (not annualized) ₹3.91 ₹10.16 ₹8.22

The company's performance in Q2 FY2026 shows a decrease in net sales and profitability compared to the same quarter in the previous year. However, Prakash Pipes has maintained a positive bottom line despite challenging market conditions.

Segment Performance

PVC Pipes & Fittings Division

The PVC Pipes & Fittings division reported strong volume growth:

  • Sales volume reached 10,659 MT in Q2 FY2026, compared to 8,980 MT in Q2 FY2025
  • Revenue for the quarter stood at ₹94.39 crore
  • Segment profit before interest and tax was ₹11.30 crore

The division achieved higher sales volume despite the impact of a prolonged monsoon on demand. This growth is attributed to the company's strategic marketing approach.

Flexible Packaging Division

The Flexible Packaging division maintained stable performance:

  • Sales volume was 4,033 MT in Q2 FY2026, compared to 4,034 MT in Q2 FY2025
  • Revenue for the quarter was ₹86.60 crore
  • Segment profit before interest and tax reached ₹1.96 crore

The division is focusing on diversifying its product range and offering customized solutions to drive growth. It is also emphasizing exports to maintain sales volume and margins.

Future Outlook

Prakash Pipes Limited has expressed optimism for the second half of FY2026:

  1. The company expects demand for PVC pipes to pick up from agriculture and construction sectors.
  2. Recent GST reforms are anticipated to boost consumption, potentially leading to strong demand for flexible packaging products.
  3. The Flexible Packaging Division plans to continue its focus on exports to maintain sales volume and margins.

Corporate Updates

The Board of Directors has approved shifting the company's registered office within Amritsar city limits, effective December 1, 2025. This move is expected to streamline operations and improve administrative efficiency.

Kanha Agarwal, Managing Director of Prakash Pipes Limited, stated, "Despite the challenges posed by prolonged monsoons affecting demand, our PVC Pipes division has shown remarkable resilience with increased sales volumes. We are optimistic about the demand recovery in the second half of the fiscal year and remain committed to our growth strategies in both our business segments."

Prakash Pipes Limited continues to navigate market challenges while focusing on strategic growth initiatives and operational efficiency. Investors and stakeholders will be watching closely to see how the company capitalizes on the expected demand recovery in the coming quarters.

Historical Stock Returns for Prakash Pipes

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%-0.71%-5.49%-36.08%-43.05%+286.52%
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Prakash Pipes Sets September 16, 2025 as Record Date for FY 2024-25 Dividend

1 min read     Updated on 09 Sept 2025, 01:11 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Prakash Pipes Limited has announced September 16, 2025, as the record date for determining shareholder eligibility for the FY 2024-25 dividend. The dividend is subject to approval at the Annual General Meeting scheduled for September 30, 2025. This announcement complies with SEBI regulations and signals the company's intent to share profits with shareholders.

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*this image is generated using AI for illustrative purposes only.

Prakash Pipes Limited (PPL), a leading player in the pipes industry, has announced a significant update for its shareholders. The company has set September 16, 2025, as the record date for determining shareholder eligibility for the dividend payment for the financial year 2024-25.

Key Details

  • Record Date: September 16, 2025 (Tuesday)
  • Financial Year: 2024-25
  • Purpose: Determining shareholder eligibility for dividend payment
  • Annual General Meeting (AGM) Date: September 30, 2025

Dividend Approval Process

The dividend payment is subject to approval by the company's members at the upcoming Annual General Meeting scheduled for September 30, 2025. This step ensures that shareholders have a say in the company's dividend distribution decision.

Stock Exchange Information

Prakash Pipes Limited has duly informed the stock exchanges about this development.

Regulatory Compliance

The company's announcement is in line with Regulation 42 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This regulation mandates listed entities to provide timely information about record dates for corporate actions such as dividend payments.

Investor Implications

Shareholders of Prakash Pipes Limited should take note of the September 16, 2025 record date. Those holding shares of the company as of this date will be eligible for the dividend, subject to its declaration at the AGM.

The announcement of a record date for dividend consideration often signals the company's intent to share its profits with shareholders, which can be seen as a positive indicator of the company's financial health and shareholder-friendly approach.

Investors and stakeholders are advised to keep an eye on the upcoming Annual General Meeting on September 30, 2025, where the final decision on the dividend will be made.

Historical Stock Returns for Prakash Pipes

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%-0.71%-5.49%-36.08%-43.05%+286.52%
Prakash Pipes
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