Prince Pipes and Fittings Limited has announced its audited financial results for the fiscal year ended March 31, 2026. The company reported a total income of Rs 26,092.17 million for FY26. Demonstrating commitment to shareholder value, the Board has recommended a final dividend of Rs 1 per share (10%) for the year. Additionally, the company has strengthened its leadership team with the appointment of a new Company Secretary and Compliance Officer.
Fiscal Year 2026 Financial Performance
Prince Pipes and Fittings Limited delivered a robust performance for the financial year ending March 31, 2026. The company achieved a total income of Rs 26,092.17 million, compared to Rs 25,373.20 million in the previous year. Profit after tax (after exceptional items) stood at Rs 731.82 million, reflecting steady operational growth throughout the period.
Dividend Recommendation
Reflecting confidence in the company’s financial position, the Board of Directors has recommended a final dividend of Re 1 per share, representing a 10% payout on the face value of Rs 10 per share. This dividend is subject to the approval of shareholders at the company’s forthcoming Annual General Meeting.
Strategic Leadership Appointments
The company has strengthened its governance and compliance framework with the appointment of Ms. Jyoti Sancheti as the Company Secretary and Compliance Officer, effective May 19, 2026. Ms. Sancheti brings over 16 years of experience in secretarial, legal, and insurance functions to her new role as a Key Managerial Personnel.
Auditor Reappointments
In a move to ensure continuity in financial reporting, the Board has approved the reappointment of M/s. N. A. Shah Associates LLP as the Statutory Auditors for a second term of five consecutive years, starting from the conclusion of the 39th Annual General Meeting until the 44th. Furthermore, Smt. Ketki D. Visariya has been appointed as the Cost Auditor for the 2026-27 financial year.
Source: BSE
