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

*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:
- The company expects demand for PVC pipes to pick up from agriculture and construction sectors.
- Recent GST reforms are anticipated to boost consumption, potentially leading to strong demand for flexible packaging products.
- 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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.41% | -0.71% | -5.49% | -36.08% | -43.05% | +286.52% |

































