| 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
- ₹261.80
- Market cap
- ₹2,894 Cr
- Revenue (annual)
- ₹2,598 Cr
- Net profit (annual)
- ₹73.18 Cr
- P/E (TTM)
- 28.4×Sector 53.6×
- Promoter holding
- 60.95%+0.00% QoQ
- FII holding
- 3.06%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 Management Change
Prince Pipes re-appointed three senior Chheda directors for three-year terms starting August 2026. The re-appointments were approved at the 39th AGM held September 16, 2026.
Prince Pipes & Fittings Annual General Meeting
Prince Pipes filed proceedings of its 39th AGM held September 16, 2026. Shareholders approved a Re.1 per share dividend and three-year re-appointments of key directors.
Prince Pipes & Fittings Other Announcement
Prince Pipes issued a communication to shareholders regarding TDS deduction requirements for the upcoming dividend for FY 2025-26.
Prince Pipes & Fittings Annual General Meeting
Prince Pipes and Fittings Limited has set September 9, 2026, as the record date for its final dividend. The company's 39th AGM is scheduled for September 16, 2026.
Prince Pipes & Fittings Earnings Call Transcript: Key Takeaways
Prince Pipes reports 5% revenue growth and strong margin recovery despite a 7% volume decline. Management attributes results to better product mix and aggressive digitization, masking underlying volume volatility caused by PVC price fluctuations.
- Call
- Guides 15% growth
Prince Pipes & Fittings Q1 FY27 Results: Net Profit ₹33.7 Cr, Up 602.1% YoY
Prince Pipes & Fittings Ltd reported revenue from operations of ₹609.4 Cr (+5.0% YoY) and net profit of ₹33.7 Cr (+602.1% YoY) for Q1 FY27.
- Key figure
- Net profit ₹33.7 Cr · +602.1% YoY