Prince Pipes Reports Q3 FY26 Results: 3% Volume Growth, Revenue at ₹573 Crores

3 min read     Updated on 10 Feb 2026, 06:09 PM
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Overview

Prince Pipes & Fittings announced Q3 FY26 results showing 3% volume growth despite challenging market conditions. Revenue stood at ₹573 crores with EBITDA improving to ₹28 crores. The company launched SmartFit Plus CPVC and new water storage variants while initiating the Aquel Cash Back Reward Program for plumbers.

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

Prince Pipes & Fittings Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, through a regulatory filing under Regulation 33. The integrated piping solutions provider achieved a 3% year-on-year volume growth in Q3 FY26 despite challenging macroeconomic conditions affecting demand across plumbing, agriculture, and infrastructure segments.

Q3 FY26 Financial Performance

The company's third quarter performance demonstrated operational resilience with volume growth offsetting revenue pressures in a subdued market environment.

Metric Q3 FY26 Q3 FY25 YoY Change Q2 FY26 QoQ Change
Finished Goods Volume (MT) 42,575 41,267 +3% 42,761 -0.4%
Revenue from Operations ₹573 Cr ₹578 Cr -1% ₹595 Cr -4%
EBITDA ₹28 Cr ₹5 Cr +460% ₹55 Cr -49%
EBITDA Margin 5% 1% - 9% -
PAT (after exceptional items) ₹(2) Cr ₹(20) Cr - ₹15 Cr -

The company reported a loss after tax of ₹2 crores in Q3 FY26, primarily due to exceptional items worth ₹2.05 crores net of tax towards estimated increase in provision for employee benefits arising from implementation of new labour codes.

Nine Months FY26 Performance

For the nine months ended December 31, 2025, Prince Pipes maintained consistent operational performance with improved profitability metrics.

Parameter 9M FY26 9M FY25 YoY Change
Finished Goods Volume (MT) 1,29,071 1,26,748 +2%
Revenue from Operations ₹1,748 Cr ₹1,804 Cr -3%
EBITDA ₹122 Cr ₹109 Cr +12%
EBITDA Margin 7% 6% -
PAT (after exceptional items) ₹17 Cr ₹19 Cr -11%

Product Innovation and Market Initiatives

During the quarter, Prince Pipes strengthened its product portfolio through strategic launches and enhanced customer engagement programs. The company successfully launched SmartFit Plus CPVC across markets and introduced CPVC solvent cement in co-ex packaging with a 4-year shelf life.

Product Category New Launch Key Features
CPVC Solutions SmartFit Plus CPVC Enhanced performance
Solvent Cement Co-ex packaging 4-year shelf life
Water Storage Storefit HYDRA New variant
Water Storage Storefit COOL New variant

The company also rolled out a new brand campaign titled "INDIA KI PRAGATI KA TAJ – Celebrating the people powering India's progress" to mark its approximately 40 years journey. This campaign honors plumbers, contractors, engineers, and distributors who have contributed to India's infrastructure growth.

Strategic Initiatives and Management Commentary

Prince Pipes initiated the Aquel Cash Back Reward Program in its bathware segment, enabling plumbers to earn direct cash rewards on select bathware products. This initiative aims to strengthen channel loyalty and product adoption in the premium bathware category.

According to Joint Managing Director Parag Chheda, "The pipe industry witnessed a challenging operating environment during the quarter, marked by subdued demand across key applications of plumbing, agriculture and infrastructure. Despite these headwinds, we have achieved a volume growth of 3% YoY in the quarter."

The company maintains a disciplined approach towards operational resilience, prioritizing cost rationalization and targeted market initiatives. With sustained investments in capacity, innovation, and operational efficiency, Prince Pipes positions itself to drive long-term growth and deliver consistent value to stakeholders.

The company operates through 8 strategically located manufacturing units across India and maintains a network of more than 1,500 distributors, ensuring strong customer proximity and faster response to market needs.

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Prince Pipes and Fittings Board Meeting Scheduled for February 10, 2026 to Review Q3FY26 Financial Results

1 min read     Updated on 28 Jan 2026, 03:19 PM
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Overview

Prince Pipes and Fittings Limited has scheduled a board meeting for February 10, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting will also address the Limited Review Report of Auditors. The company has implemented a trading window closure from January 01, 2026, to February 12, 2026, in compliance with SEBI insider trading regulations.

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

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.

Meeting Parameter: Details
Date: February 10, 2026
Purpose: Consider and approve unaudited financial results
Reporting Period: Quarter and nine months ended December 31, 2025
Additional Action: Take on record Limited Review Report of Auditors

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.

Historical Stock Returns for Prince Pipes & Fittings

1 Day5 Days1 Month6 Months1 Year5 Years
-2.17%+10.17%+6.58%-10.94%-29.70%-34.69%
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1 Year Returns:-29.70%