Prince Pipes and Fittings Limited announced its unaudited financial results for the quarter and six months ended September 30, 2026 through a regulatory filing to BSE Limited and National Stock Exchange of India Limited.

Q2 FY27 Financial Performance

  • Finished Goods Volume: 52,080 MT (22% YoY growth from 42,761 MT in Q2 FY26)
  • Revenue from Operations: ₹821 crores (38% YoY growth from ₹595 crores in Q2 FY26)
  • EBITDA: ₹100 crores (82% YoY growth from ₹55 crores in Q2 FY26)
  • EBITDA Margins: 12% (compared to 9% in Q2 FY26)
  • Profit After Tax: ₹48 crores (220% YoY growth from ₹15 crores in Q2 FY26)
  • PAT Margins: 6% (compared to 2% in Q2 FY26)

H1 FY27 Financial Performance

  • Finished Goods Volume: 92,809 MT (7% YoY growth from 86,496 MT in H1 FY26)
  • Revenue from Operations: ₹1,430 crores (22% YoY growth from ₹1,175 crores in H1 FY26)
  • EBITDA: ₹177 crores (86% YoY growth from ₹95 crores in H1 FY26)
  • EBITDA Margins: 12% (compared to 8% in H1 FY26)
  • Profit After Tax: ₹82 crores (310% YoY growth from ₹20 crores in H1 FY26)
  • PAT Margins: 6% (compared to 2% in H1 FY26)

Quarterly Comparison (QoQ)

  • Volume growth of 28% from Q1 FY27 (40,729 MT)
  • Revenue growth of 35% from Q1 FY27 (₹609 crores)
  • EBITDA growth of 30% from Q1 FY27 (₹77 crores)
  • PAT growth of 41% from Q1 FY27 (₹34 crores)

Management Commentary

Mr. Parag Chheda, Joint Managing Director, commented that the operating environment showed encouraging signs of stabilization following PVC price volatility, supported by the government's implementation of Minimum Import Price (MIP) on suspension-grade PVC. He highlighted strong long-term industry fundamentals driven by sustained investments in infrastructure, housing and urban development.

The company is strengthening its portfolio through new product offerings, increasing contribution from premium products, and deeper market penetration. Brand-building initiatives and distribution network expansion remain central to strengthening competitive position.

Company Background

Prince Pipes and Fittings Limited is one of India's largest integrated piping solutions providers with 9 manufacturing units across the country. The company manufactures polymer piping solutions in four types of polymers - CPVC, UPVC, HDPE, and PPR. In March 2024, the company acquired bathware brand Aquel and launched 'Aquel by Prince' range of faucets and sanitaryware. The company has a network of more than 1,500 distributors.

Manufacturing Facilities

The company has 9 manufacturing units located at: Haridwar (Uttarakhand), Athal (Dadra and Nagar Haveli), Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra), Chennai (Tamil Nadu), Jobner (Rajasthan), Sangareddy (Telangana), Begusarai (Bihar) and Bathware unit in Bhuj (Gujarat).