PPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prakash Pipes Ltd reported strong quarterly performance for Q4 FY26 with Net Sales of Rs 223 Crores (up 22% YoY), EBITDA of Rs 23 Crores (up 24% YoY), and PAT of Rs 13 Crores (up 31% YoY). For the full year FY26, the company achieved Net Sales of Rs 789 Crores, EBITDA of Rs 76 Crores, and PAT of Rs 43 Crores with EPS of Rs 18.09. The Board recommended a final dividend of 24% (Rs 2.40 per share), taking total dividend for the year to 34% (Rs 3.40 per share) compared to 24% in previous year. However, volume declined in both divisions: PVC Pipes & Fittings fell 13% to 48,118 MT due to raw material volatility and unseasonal rainfall, while Flexible Packaging fell 7% to 16,605 MT. The company plans capacity expansion for its Flexible Packaging division.
Strong profitability growth and higher dividend payout are positive signals for shareholders. However, volume declines in both divisions despite revenue growth suggest the company is benefiting from better pricing rather than volume expansion, which warrants monitoring. The capacity expansion in Flexible Packaging signals confidence in future demand.