Prince Pipes and Fittings Limited has announced its audited financial results for the year ended March 31, 2026. The company reported a total income of Rs 26,092.17 million for the fiscal year, with a net profit after tax of Rs 731.82 million. Furthermore, the board has recommended a final dividend of Re 1 per share (10%) and announced key leadership appointments, including a new Company Secretary and Compliance Officer.
Annual Financial Highlights
For the financial year ended March 31, 2026, Prince Pipes and Fittings Limited recorded a strong performance with total revenue from operations reaching Rs 25,983.32 million, compared to Rs 25,239.16 million in the previous year. The company’s profit after tax stood at Rs 731.82 million, demonstrating resilient growth. For the final quarter (Q4: Jan-Mar 2026), the company achieved a significant turnaround with a total income of Rs 8,546.57 million and a net profit of Rs 561.05 million.
Dividend Recommendation
Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of Re 1 per fully paid-up equity share (10%) for the financial year ended March 31, 2026. This dividend, which represents a Rs 10 face value per share, is subject to the approval of shareholders at the upcoming Annual General Meeting. Payouts will be processed within 30 days of the declaration.
Leadership and Governance Appointments
The company has strengthened its management team with the appointment of Ms. Jyoti Sancheti as the Company Secretary and Compliance Officer, effective May 19, 2026. Additionally, the company has appointed M/s. N. A. Shah Associates LLP as Statutory Auditors for a second consecutive term of five years, and Smt. Ketki D. Visariya as the Cost Auditor for the financial year 2026-27, ensuring robust corporate governance and oversight.
Source: BSE