PRINCEPIPENSEPrince Pipes And Fittings LimitedMediumNeutral
Announced Tue, 26 May · 15:28 IST

Prince Pipes And Fittings Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

PRINCEPIPE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹271.40
prior close
₹267.55
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AI summary

Prince Pipes reported its strongest ever quarterly performance in Q4 FY26 with revenue of INR 850 crore (up 18% Y-o-Y), volumes of 62,167 MT (up 23% Y-o-Y), and EBITDA of INR 110 crore (up 100% Y-o-Y) with margins at 13%, up 500 bps. Full year FY26 revenue stood at INR 2,598 crore (up 3% Y-o-Y) with volumes at 191,238 MT (up 8%). PAT for Q4 was INR 56 crore (up 133%) and for full year INR 73 crore (up 70%). Working capital improved dramatically to 45 days from 98 days a year ago. Management guided FY27 EBITDA margins of 11-13% and volume growth of 12-15%, and confirmed value-added product share will move from ~24% in FY26 to ~27-28% in FY27. Bathware segment reported INR 16 crore revenue with INR 5 crore loss in Q4. The company completed its Aquel bathware brand acquisition at Bhuj and launched DECILO, a new in-house manufactured low-noise PP pipe. The company is debt-free with FY27 capex planned at INR 200-210 crore.

Likely market impact

Strong Q4 performance driven by record volumes, cost absorption, favourable product mix, and tight working capital management. Management's upward revision of EBITDA margin guidance to 11-13% (from prior 10-12%) signals confidence in operational leverage and market share gains amid industry consolidation.