Audited Financial Results for the period ended 31st March, 2026 along with Statement of Assets and Liabilities, Cash Flow, Auditors Report, Press Release and Final Dividend @ 24% i.e. Rs. ....
PPL · price
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Prakash Pipes Limited reported annual revenue of Rs 789 Crores for FY26, relatively flat compared to Rs 780 Crores in FY25. However, Net Profit After Tax (PAT) declined significantly to Rs 43 Crores from Rs 83 Crores in the previous year, representing a 48% decline. The Board recommended a final dividend of 24% (Rs 2.40 per share), which together with the interim dividend of 10% totals 34% for the year, up from 24% in FY25. PVC Pipes division faced volume decline of 13% due to raw material price volatility and unseasonal rainfall. Flexible Packaging division maintained revenue at Rs 364 Crores with volume decline of 7%. The company reported an unmodified audit opinion with clean financials. Cash and cash equivalents dropped sharply from Rs 22,750 lakhs to Rs 1,872 lakhs due to loan disbursements of Rs 26,900 lakhs and capital expenditure.
The 48% decline in annual PAT is a significant concern for shareholders despite the company maintaining revenue levels and increasing dividends. The sharp reduction in cash reserves from large loan disbursements warrants monitoring. The clean audit opinion and improved annual operating cash flow of Rs 5,058 lakhs provide some comfort.