| Revenue growth | 5% YoY growth reported for Q1FY27. |
|---|---|
| Margins | EBITDA margin improved to 13% vs 7% YoY. |
| Demand visibility | Targeting infrastructure and real estate segments. |
| Management confidence | Strong focus on becoming top 5 processor in piping industry. |
Growth
Revenue rose 5% YoY despite a 7% de-growth in sales volumes. PAT margins improved to 6% from 1%.
Outlook
Focus on premiumization, bathware expansion via Aquel acquisition, and new manufacturing units in Begusarai and Bhuj.
Risks
Sales volume de-growth of 7% YoY; inventory days elevated compared to historical averages.
Last quarter's promises, checked
Delivered
- Guided 11%-13% EBITDA margin → delivered 13% (= BEAT)
- Guided 12%-15% volume growth → delivered 23% (Q4) (= BEAT)
- Targeted Bathware breakeven at INR 20-25Cr run rate → delivered INR 16Cr (Q4) (= PARTIAL)
Partly delivered
- Targeted debtor days reduction by 10-15 days → currently at 51 days (= PARTIAL)
Missed
- Guided 12%-15% volume growth → delivered -7% (Q1FY27) (= MISS)
Investor Presentation filed with BSE, NSE: PRINCEPIPE. Summary written with AI assistance from the document.
Prince Pipes & Fittings Ltd: key numbers
- Share price
- ₹317.05
- Market cap
- ₹3,505 Cr
- Revenue (annual)
- ₹2,598 Cr
- Net profit (annual)
- ₹73.18 Cr
- P/E (TTM)
- 25.9×Sector 51.9×
- Promoter holding
- 60.95%+0.00% QoQ
- FII holding
- 3.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Prince Pipes & Fittings Ltd
All →Prince Pipes & Fittings Earnings Call Transcript: Key Takeaways
Prince Pipes delivered strong 22% volume growth and significant working capital reduction, but EBITDA margins remain range-bound at 11-13% despite lower-cost inventory tailwinds.
Prince Pipes & Fittings Management Change
Prince Pipes appointed Rajat Mishra as Chief Business Officer effective 3 November 2026. President and CMO Ashok Mehra retires effective 16 November 2026.
Prince Pipes & Fittings Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹821 Cr (+38% YoY), EBITDA ₹100 Cr (+82%, 12% margin), PAT ₹48 Cr (+220%). H1 revenue ₹1,430 Cr (+22%), PAT ₹82 Cr (+310%).
Prince Pipes & Fittings Results Update
Prince Pipes Q2 FY27 revenue rose 38% to ₹821 Cr; PAT surged 220% to ₹48 Cr. H1 revenue reached ₹1,430 Cr on 22% volume growth.
Prince Pipes & Fittings Q2 FY27 Results: Net Profit ₹47.8 Cr, Up 227.4% YoY
Prince Pipes & Fittings Ltd reported revenue from operations of ₹820.8 Cr (+38.0% YoY) and net profit of ₹47.8 Cr (+227.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹47.8 Cr · +227.4% YoY
Prince Pipes & Fittings Board Meeting Date
Prince Pipes scheduled a board meeting for 3 Nov 2026 to approve unaudited Q1/H1 FY27 results. The trading window remains closed until 5 Nov 2026.