Prince Pipes and Fittings Ltd

Prince Pipes and Fittings Ltd has communicated details regarding Tax Deducted at Source (TDS) on its final dividend for the Financial Year 2025-26. The Board of Directors recommended a dividend of 10% per equity share, amounting to ₹1/- per share, subject to shareholder approval at the upcoming AGM on September 16, 2026. The company will deduct TDS at applicable rates on the dividend, with an exemption for resident individuals whose total dividend income for Tax Year 2026-27 does not exceed ₹10,000. Specific TDS rates and documentation requirements are outlined for various shareholder categories, including residents with and without PAN, and non-residents.

Prince Pipes and Fittings Ltd has announced that the record date for its final dividend for the financial year 2025-26 has been set for Wednesday, September 9, 2026. This date is crucial for determining which shareholders are eligible to receive the dividend. The company also provided details regarding its 39th Annual General Meeting, scheduled for September 16, 2026, with a book closure period from September 10 to September 16, 2026. E-voting will be open from September 13 to September 15, 2026.

Prince Pipes and Fittings Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, filed as per SEBI regulations, forms an integral part of the company's Annual Report. It details corporate identity, registered and corporate addresses, financial year, stock exchange listings, paid-up capital, and contact information for BRSR queries. The company operates in polymers processing, including CPVC, UPVC, PPR, HDPE pipes and fittings, and LLDPE water storage tanks. Its primary business activity is the manufacturing of plastic products, accounting for 95% of turnover. The report also outlines operational locations, market reach across 28 states and 15 countries, customer types, and employee details, including a breakdown of permanent employees and workers by gender and differently-abled status. Female representation on the Board is 16.67%.

Prince Pipes and Fittings Ltd has announced its 39th Annual General Meeting (AGM) to be held on Wednesday, September 16, 2026, at 11:30 AM IST via Video Conferencing. The company will also share its Annual Report for the fiscal year 2025-26, including audited financial statements for the year ended March 31, 2026. Physical copies of the notice and report will not be sent, with all documents available via email and on the company's website. The cut-off date for voting eligibility is September 9, 2026, with remote e-voting available from September 13 to September 15, 2026.

Prince Pipes and Fittings Ltd announced that Mr. Ajay Kumar has resigned from his position as Chief Human Resource Officer. His resignation is effective from the close of business hours on August 20, 2026. The company cited personal reasons for Mr. Kumar's departure. This change impacts the senior management personnel of the company. The details of the change are in compliance with SEBI Listing Regulations.

Prince Pipes and Fittings Ltd. reported its Unaudited Financial Results for the quarter ended June 30, 2026. The company's revenue from operations grew by 5% year-on-year to INR 609 Cr, despite a 7% de-growth in volumes to 40,729 MT. EBITDA saw a significant surge of 93% YoY to INR 77 Cr, with margins at 13%. Profit After Tax (PAT) grew robustly by 580% YoY to INR 34 Cr, resulting in PAT margins of 6%. The company highlighted focused brand-building initiatives and expressed confidence in long-term growth prospects, supported by investments in manufacturing, product innovation, and an expanding distribution network.

Prince Pipes and Fittings Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results along with the Limited Review Report. The company also announced its 39th Annual General Meeting (AGM) will be held on September 16, 2026, via Video Conferencing / Other Audio-Visual Means. Key personnel were authorized for determining materiality of events and making disclosures to stock exchanges.

Prince Pipes' standalone Q1 FY27 (quarter ended June 30, 2026) revenue from operations was ₹609.4 Cr, up 5.0% YoY from ₹580.4 Cr but down 28.3% QoQ from ₹850.1 Cr — the QoQ drop is seasonal, as Q1 (April-June, pre-monsoon) is structurally the weakest quarter for pipe demand, coming off a Q4 inflated by channel restocking. PAT was ₹33.7 Cr, up roughly 6x YoY from ₹4.8 Cr (no exceptional items in either period, so raw and adjusted YoY growth are the same figure), though down 39.8% QoQ from ₹56.1 Cr. EPS was ₹3.05 versus ₹0.44 in Q1 FY26 and ₹5.07 in Q4 FY26. The print beat Street: HDFC Securities' 3-July-2026 sector preview had modelled Prince Pipes' standalone Q1 at revenue ₹583 Cr, EBITDA margin 9.2% and PAT ₹12.9 Cr, in a note flagging muted pipe-industry volumes and PVC-price volatility (HDFC had modelled an 8% YoY volume decline for the company). Actual revenue came in ~4.5% ahead, margin nearly 350bps ahead, and PAT more than 2.6x the estimate — a broad beat on every line. The beat was margin-led: EBITDA margin (PBT adjusted for other income, finance cost and depreciation) was ~12.7% of revenue, up ~584bps YoY from 6.8% and only marginally below Q4 FY26's seasonally strong 12.9% — comfortably inside management's guided 11-13% FY27 EBITDA margin band (inclusive of bathware losses) laid out on the Q4 FY26 concall. Net profit margin followed the same path, at 5.5% versus 0.8% a year ago. Revenue growth of 5.0% YoY, however, trails the 12-15% volume growth management guided for FY27 at that same concall — a gap that needs to close through the rest of the year. No management press release accompanied this filing (only the standard board-outcome letter and the auditor's limited review report), so there is no separate management commentary to reconcile against the print; the board also fixed the 39th AGM for September 16, 2026 alongside the results, a routine corporate action not tied to the numbers.

Prince Pipes and Fittings Ltd has announced that its Board of Directors will convene on August 4, 2026. 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 from the statutory auditors. Additionally, the company has informed about the closure of the trading window for its securities from July 1, 2026, to August 6, 2026, in compliance with SEBI's insider trading regulations. This period extends 48 hours beyond the financial results declaration.

Prince Pipes and Fittings Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI regulations and the company's internal code of conduct regarding insider trading. The window will be shut for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The specific date for the board meeting to consider these results will be announced later.