Prince Pipes and Fittings Limited submitted its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27) to BSE Limited and National Stock Exchange of India Limited.
Financial Performance Highlights (INR Crores)
Quarterly Comparison:
- Finished Goods Volume: 40,729 MT (Q1 FY27) vs 43,735 MT (Q1 FY26) - decrease of 7% YoY
- Revenue from Operations: ₹609 crores (Q1 FY27) vs ₹580 crores (Q1 FY26) - increase of 5% YoY
- EBITDA: ₹77 crores (Q1 FY27) vs ₹40 crores (Q1 FY26) - increase of 93% YoY
- EBITDA Margins: 13% (Q1 FY27) vs 7% (Q1 FY26)
- Profit After Tax: ₹34 crores (Q1 FY27) vs ₹5 crores (Q1 FY26) - increase of 580% YoY
- PAT Margins: 6% (Q1 FY27) vs 1% (Q1 FY26)
Sequential Comparison (Q1 FY27 vs Q4 FY26):
- Finished Goods Volume: 40,729 MT vs 62,167 MT - decrease of 34% QoQ
- Revenue: ₹609 crores vs ₹850 crores - decrease of 28% QoQ
- EBITDA: ₹77 crores vs ₹110 crores - decrease of 30% QoQ
- EBITDA Margins: 13% vs 13%
- Profit After Tax: ₹34 crores vs ₹56 crores - decrease of 39% QoQ
- PAT Margins: 6% vs 7%
Management Commentary
Mr. Parag Chheda, Joint Managing Director, commented on the challenging operating environment with fluctuations in raw material costs, changing demand patterns across key end-use sectors, and slower infrastructure-led activity impacting the industry. The company remained focused on disciplined execution, prudent cost management, and strengthening market presence.
During the quarter, the company intensified brand-building initiatives through impactful campaigns across high-traffic public platforms including buses, trains, and other prominent locations to enhance consumer engagement and improve brand visibility.
Forward Outlook
Management expressed confidence in the long-term growth prospects of the business, citing continued investments in manufacturing capacity, product innovation, operational capabilities, expanding distribution network, and stronger product portfolio as providing a solid foundation for future growth. The company will focus on enhancing customer value, improving operational efficiencies, and capitalizing on emerging market opportunities.