Prince pipes & fittings Limited has formally notified the stock exchanges about an upcoming board meeting to review its quarterly financial performance. The company has scheduled the meeting in compliance with regulatory requirements to discuss its financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The board of directors meeting has been scheduled for Tuesday, February 10, 2026, with specific objectives outlined for the session. The meeting agenda focuses on reviewing the company's financial performance for a significant reporting period.

Regulatory Compliance and Trading Window

In adherence to SEBI regulations, Prince Pipes and Fittings Limited has implemented mandatory trading restrictions. The company has closed the trading window for dealing in its securities as per the SEBI Prohibition of Insider Trading Regulations, 2015, and the company's internal code.

The trading window closure details are as follows:

• Start Date: January 01, 2026
• End Date: February 12, 2026
• Duration: Both days inclusive
• Regulatory Framework: SEBI Prohibition of Insider Trading Regulations, 2015

Corporate Communication

The notification has been issued under Regulation 29 of the Securities and Exchange Board of India Listing Obligation and Disclosure Requirements Regulation, 2015. Company Secretary and Compliance Officer Shailesh Bhaskar, bearing FCS number 13188, has signed the official communication to both major stock exchanges.

The company has ensured transparency by uploading this intimation on its official website at www.princepipes.com , providing stakeholders with easy access to the information. The formal notice has been dispatched to BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under scrip code 542907 and symbol PRINCEPIPE respectively.

Prince Pipes & Fittings , a leading manufacturer of plastic pipes and fittings in India, reported muted financial results for the second quarter of fiscal year 2026, reflecting broader industry challenges. Despite facing headwinds, the company remains optimistic about a gradual recovery in the second half of the fiscal year.

Q2 FY26 Financial Highlights

The company's performance should be viewed in the context of an industry-wide decline, with PVC demand falling by 9.00% due to volatile resin prices and weak construction activity.

Key Developments

Bihar Manufacturing Unit

Prince Pipes successfully commissioned Phase 2 operations at its Bihar manufacturing unit, enhancing its pan-India manufacturing footprint.

CPVC Growth

The company reported good volume growth in CPVC across pan-India, contributing to an improved product mix.

Bathware Segment

The bathware brand, Aquel, expanded its presence in the northern region by opening new display centers in Jammu & Kashmir and Uttar Pradesh.

Infrastructure Project

Prince Pipes was chosen as the preferred supplier of CPVC piping and cable ducting solutions for the newly inaugurated Navi Mumbai Airport project.

Market Outlook and Strategy

Prince Pipes anticipates a gradual demand recovery in H2 FY26, supported by:

1. Expected implementation of antidumping duty, which could improve market sentiment
2. Restocking activity in the distribution channel
3. Improvement in consumption trends

The company is focusing on:

• Driving operational efficiencies
• Optimizing costs
• Implementing targeted market initiatives
• Expanding its product portfolio with differentiated and high-performance offerings
• Strengthening its distribution network across regions

Management Commentary

Nihar Chheda, Vice President of Strategy at Prince Pipes, stated, "Despite external headwinds, we are confident that our strong fundamentals, diversified product portfolio, and customer-centric approach position us well for sustained long-term growth."

The company expects to achieve high single-digit volume growth for the full fiscal year FY26, with a focus on expanding market share, especially in the South and East regions where new plants have been established.

Conclusion

While Prince Pipes faces short-term challenges due to industry-wide issues, its strategic initiatives and capacity expansions position it well for future growth. The company's focus on operational efficiency, product innovation, and market expansion could drive improved performance as industry conditions stabilize.

Investors should monitor the implementation of antidumping duties and the recovery in construction activity, as these factors could significantly impact the company's performance in the coming quarters.