Prince Pipes and Fittings Limited has announced its financial results for the quarter and year ended March 31, 2026. The company achieved its highest-ever quarterly volume of 62,167 MT, representing a 23% year-on-year growth. Despite market challenges, the company delivered a resilient performance, with annual revenues reaching ₹2,598 crore and a board-recommended final dividend of ₹1 per equity share for FY26.
Quarterly and Annual Performance Highlights
Prince Pipes and Fittings delivered a strong performance for the period ending March 31, 2026. In the fourth quarter (Jan-Mar), the company recorded a sales volume of 62,167 MT, a 23% growth compared to the same period in the previous year. Revenue from operations for the quarter stood at ₹850 crore, up 18% year-on-year. For the full fiscal year 2026, the company achieved total revenues of ₹2,598 crore, with an EBITDA of ₹232 crore.
Strategic Growth and Operational Milestones
During the fiscal year, the company focused on operational efficiency and expansion. Key highlights include the successful completion of the second tranche of the asset purchase agreement for the Bathware manufacturing facility in Bhuj, Gujarat. To further strengthen its portfolio, the company launched DECILO, a new range of low-noise polypropylene piping systems, and expanded its footprint with a new experience center in Vadodara.
Management Outlook
Reflecting on the fiscal year, Mr. Parag Chheda, Joint Managing Director, noted that while the industry faced pressures from volatile raw material prices and unseasonal rainfall, the company’s focus on cost optimization and innovation drove success. Moving forward, the company remains committed to capacity expansion and enhancing its distribution network. The board has recommended a final dividend of ₹1 per equity share, reflecting confidence in the company’s long-term value proposition for stakeholders.
Source: BSE
