Prince Pipes & Fittings
259.31
-5.75(-2.17%)
Market Cap₹2,866.96 Cr
PE Ratio126.10
Company Performance:
1D-2.17%
1M+6.58%
6M-10.94%
1Y-29.70%
5Y-34.69%
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More news about Prince Pipes & Fittings
13Aug 25
Prince Pipes Reports 4% Revenue Decline Despite Volume Growth in Q1
Prince Pipes & Fittings reported mixed Q1 results with 4% volume growth to 43,735 metric tons, despite a 4% revenue decline to ₹580.00 crores. EBITDA was ₹40.00 crores with a 7% margin, and PAT stood at ₹5.00 crores. The company faced challenges from inflationary pressures and PVC resin price volatility but maintained focus on operational resilience. Strategic initiatives include brand building, capacity expansion, product innovation, and bathware segment growth. The CPVC segment showed high single-digit growth, and the company expects margin improvement from Q2 onwards. Working capital improved to 93 days, and capex spending of ₹75.00 crores was reported for Q1.
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08Aug 25
Prince Pipes Targets High Single-Digit to Low Double-Digit Volume Growth for FY26
Prince Pipes & Fittings projects high single-digit to low double-digit volume growth for FY26. The company aims for 12% EBITDA margins by Q3 or Q4 FY26, expects Rs. 50-60 crores revenue from bathware segment, and targets 20,000-25,000 tonnes volume from Bihar plant. Q1 FY26 results show YoY decline with revenue at Rs. 5,804.16 million and net profit after tax at Rs. 48.21 million.
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06Aug 25
Prince Pipes Reports 80% Drop in Q1 Profit, Sets AGM Date for September 11
Prince Pipes & Fittings experienced a significant decline in financial performance for Q1 ended June 30. Revenue from operations decreased by 4% to ₹5,804.16 crore, while net profit plummeted by 80.5% to ₹48.21 crore compared to the same quarter last year. Earnings per share fell from ₹2.23 to ₹0.44. The company reported a writeback of ₹44.60 crore in employee costs due to excess staff incentive provisions. The Board of Directors approved the financial results and announced the 38th Annual General Meeting to be held on September 11 via video conferencing.
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28May 25
Prince Pipes Boosts Production Capacity with New Bihar Plant
Prince Pipes and Fittings Limited has commissioned Phase 1 of its new plant in Bihar, adding 24,000 metric tons to its production capacity, bringing the total to 397,500 metric tons. The company projects double-digit volume growth for the current financial year. Prince Pipes' CPVC product range has received GreenPro certification, highlighting its commitment to sustainability. The company aims to maintain a 12.00% EBITDA margin in the long term.
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21May 25
Prince Pipes and Fittings Reports Decline in Q4 Profitability
Prince Pipes and Fittings' Q4 results show a slight 2.70% revenue decrease to ₹7.20 billion. However, profitability metrics declined significantly: EBITDA fell 40.60% to ₹548.40 crore, EBITDA margin dropped 4.85 percentage points to 7.62%, and net profit decreased 55.80% to ₹241.80 crore. The company also reported a sequential loss of ₹204.20 crore compared to the previous quarter, indicating challenges in maintaining profitability despite stable demand.
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Prince Pipes & Fittings
259.31
-5.75
(-2.17%)
1 Year Returns:-29.70%
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