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Prince Pipes and Fittings Ltd Q4 FY26 Results

PRINCEPIPEQ4 FY26 Results
Filing
MetricValue ( Cr)Q3 FY26Q4 FY25
Revenue850.0748.3%18.1%
Total Income854.6648.6%17.8%
Expenditure779.0335.4%12.0%
PBT75.623864.2%152.6%
Net Profit56.112462.4%132.1%
OPM12.90%8.39pp5.28pp
NPM6.56%6.97pp3.23pp
EPS5.072314.3%131.5%
View full financials

Prince Pipes FY26: Volume Up 8% YoY, Revenue at ₹2,598 Cr

19 May 2026 · 19 May, 6:22 pm

Summary

Prince Pipes and Fittings Ltd. announced a stellar performance for the fourth quarter and full-year ended March 31, 2026, reporting its highest-ever quarterly sales volume of 62,167 MT, an increase of 23% year-on-year. For Q4 FY26, revenues grew by 18% to ₹850 Cr, while EBITDA soared by 100% to ₹110 Cr, achieving a 13% margin. Full-year FY26 revenues stood at ₹2,598 Cr, with Profit After Tax growing 70% to ₹73 Cr. Joint Managing Director Mr. Parag Chheda acknowledged a challenging industry year but attributed the strong volume performance to the company's business model resilience, market presence, and disciplined execution focused on operational efficiency and targeted growth initiatives. The company also expanded its distribution network, strengthened its product portfolio with new launches, and improved working capital efficiency.

Key Highlights

  1. 1

    Prince Pipes and Fittings Ltd. reported its highest-ever quarterly sales volume of 62,167 MT for Q4 FY26, marking a significant year-on-year growth of 23%.

  2. 2

    Q4 FY26 revenues increased by 18% year-on-year to ₹850 Cr, while full-year FY26 revenues reached ₹2,598 Cr, growing 3% YoY.

  3. 3

    EBITDA for Q4 FY26 surged by 100% year-on-year to ₹110 Cr, achieving a healthy EBITDA margin of 13% for the quarter.

  4. 4

    Profit after Tax (after exceptional items) for Q4 FY26 grew by an impressive 133% year-on-year to ₹56 Cr.

  5. 5

    For the full financial year FY26, Profit after Tax (after exceptional items) increased by 70% to ₹73 Cr.

  6. 6

    The company successfully completed the second tranche of its asset purchase agreement for the Bathware Manufacturing unit at Bhuj, Gujarat, and launched a new range of low noise Polypropylene Pipe System – DECILO.

  7. 7

    The board of directors has recommended a final dividend of ₹1 per equity share for the financial year FY26.

Management Comments

M

Mr. Parag Chheda

FY26 was a challenging year for the industry, marked by volatility in raw material prices, prolonged unseasonal rainfall, subdued demand across key end-user segments, and sharp fluctuations in PVC resin prices that impacted channel dynamics. Despite these external pressures, we delivered our highest-ever quarterly volume performance, achieving growth of 23% YoY. This milestone underscores the resilience of our business model, the strength of our market presence, and our disciplined execution focused on operational efficiency, cost optimization, and targeted growth initiatives. During the quarter, we continued to strengthen our growth platform through in

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