Prakash Pipes Ltd

Prakash Pipes Ltd has released its Annual Report for the financial year 2025-26, in compliance with SEBI regulations. The report details the company's performance, strategic initiatives, and future outlook. The company emphasizes its theme of 'Scaling with Strength. Growing with Discipline.' for FY26, highlighting purposeful progress amidst challenges like raw material volatility and geopolitical uncertainty. The report covers financial statements, notice of AGM, statutory reports, corporate information, and a message from the Managing Director. It details the company's operations in PVC Pipes & Fittings and Flexible Packaging, focusing on brand strength, operational resilience, customer diversification, and value-added products. Prakash Pipes aims to build lasting capabilities and create impactful solutions through responsible scaling.

Prakash Pipes Ltd has announced Wednesday, September 16, 2026, as the record date for determining shareholder entitlement to the final dividend for the financial year 2025-26. The dividend payment is subject to approval by the members at the upcoming Annual General Meeting (AGM) scheduled for September 30, 2026. This intimation is made in compliance with SEBI regulations.

Prakash Pipes Ltd has announced that its 9th Annual General Meeting (AGM) will be held on September 30, 2026, at 5:00 PM IST. The meeting will be conducted entirely through Video Conferencing (VC) and Other Audio Visual Means (OAVM), adhering to MCA and SEBI guidelines. Shareholders will have the opportunity to participate in remote e-voting from September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM) via CDSL. The cut-off date for eligibility for remote e-voting is September 23, 2026. Members who have already voted remotely can still attend the AGM but cannot vote again.

Prakash Pipes Limited reported strong financial results for the quarter ended June 30, 2026 (Q1 FY27). Net sales increased by 19% year-on-year to ₹241 crores, while EBITDA saw a significant jump of 47% to ₹27 crores. Profit After Tax (PAT) grew by 59% to ₹16 crores, with Earnings Per Share (EPS) at ₹6.87. The Flexible Packaging Division showed robust growth, with sales volume up 33% YoY, driven by a 195% increase in exports. The company plans to double its flexible packaging capacity by March 2027. The PVC Pipes & Fittings Division experienced a temporary dip in sales volume due to PVC resin price hikes caused by geopolitical events, but demand has since revived as prices stabilized.

Prakash Pipes Ltd announced a significant capacity expansion for its Flexible Packaging Division in Kashipur, involving a capital expenditure of approximately ₹100 Crores. This strategic move aims to bolster its presence in the flexible packaging market. The company also reported its unaudited financial results for the quarter ended June 30, 2026, showing a net profit of ₹1,642 Lakhs. Additionally, the Board of Directors approved the appointment of new Senior Management Personnel, including Shri Anil Agarwal as President (Flexible Packaging). The expansion details are in line with SEBI regulations.

Prakash Pipes Ltd announced a significant capacity expansion in its Flexible Packaging Division at Kashipur, with a capital expenditure of approximately ₹100 Crores. The Board of Directors also approved the inclusion of three senior officials into the Senior Management Personnel (SMP) category, effective August 14, 2026. The company reported its unaudited financial results for the quarter ended June 30, 2026, showing a net profit of ₹1,642 lakhs, an increase from ₹1,031 lakhs in the same quarter last year. Revenue from operations for the quarter stood at ₹24,145 lakhs.

Prakash Pipes Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved a capacity expansion in its Flexible Packaging Division at Kashipur, involving a capital expenditure of approximately ₹100 Crores. Additionally, the Board approved the inclusion of three new officials into the Senior Management Personnel category. The meeting commenced at 12:00 PM and concluded at 2:05 PM.

Prakash Pipes' standalone Q1 FY27 print shows revenue of ₹241.45 Cr (+18.7% YoY, +8.2% QoQ) and PAT of ₹16.42 Cr (+59.3% YoY, +21.8% QoQ, EPS ₹6.87) — matching the company's own press release, which frames the quarter as broad-based growth (net sales +19%, EBITDA +47%, PAT +59% YoY) without flagging what is actually driving it. Other income jumped to ₹8.51 Cr from ₹1.90 Cr a year ago (+348%), adding roughly ₹6.6 Cr to the quarter's ₹8.2 Cr YoY rise in pre-tax profit. Strip that out and adjusted PAT growth is closer to ~13% YoY — below the 18.7% topline growth — while operating margin (PBT + finance cost + depreciation − other income, over revenue) was flat-to-mildly-compressed at 7.54% versus 7.65% last quarter and 8.01% a year ago. In short, the underlying business grew more moderately than the headline PAT suggests. Segment mix explains the topline: Flexible Packaging revenue rose 55.8% YoY to ₹128.25 Cr on volumes up 33% to 4,980 MT, with export volumes up 195% YoY to 1,468 MT — momentum strong enough that the board approved a ~₹100 Cr capex to double capacity (26,400 to 52,800 MTPA) at Kashipur by March 2027, against 76.4% utilisation on the existing base. PVC Pipes & Fittings, still the larger legacy division, saw revenue fall 6.5% YoY (volumes down 19.1% to 11,421 MT) after a West Asia war-driven spike in PVC resin prices hit demand through the first half of the quarter; management says prices have since stabilised and demand revived from June. Segment PBT for PVC nonetheless held flat YoY at ₹13.29 Cr despite the volume hit, pointing to price/margin discipline offsetting weaker volumes. There is no analyst coverage or consensus estimate for this stock (zero analysts per Simply Wall St) and no formal management guidance on record, so this print cannot be benchmarked against a street number or a prior outlook.

Prakash Pipes Ltd has announced that its Board of Directors will convene on August 14, 2026, in New Delhi. The primary agenda item is to consider and approve the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Concurrently, the company has informed that the trading window for designated persons will remain closed until 48 hours after the public announcement of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Prakash Pipes Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 1st, 2026, until 48 hours after the Board Meeting scheduled to consider the financial results for the period ending June 30th, 2026. This measure is standard practice to prevent potential insider trading ahead of financial disclosures.