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Earnings Call Transcript

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.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growthRevenue grew 5% YoY to 609 Crores; organic growth supported by mix.
MarginsEBITDA margin expanded 600 bps YoY to 13% on premium mix.
Demand visibilityPositive outlook supported by infrastructure and premium housing trends.
Management confidenceBalanced; confident in structural levers despite temporary volume blips.

Growth

EBITDA grew 93% YoY due to premiumization and lack of inventory losses. Volume fell 7% as channel partners destocked early in the quarter.

Outlook

Management maintained FY27 volume growth guidance of 12-15% and EBITDA margins of 11-13%.

Risks

Volume recovery depends on PVC price stability. Bathware segment remains loss-making with -5 Cr EBITDA.

Source

Earnings Call Transcript filed with BSE, NSE: PRINCEPIPE. Summary written with AI assistance from the document.

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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.

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