Prince Pipes And Fittings Limited has informed the Exchange regarding 'Recommendation of Final Dividend'.
PRINCEPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.2 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Prince Pipes and Fittings Limited's Board has recommended a final dividend of Rs 1 per share (10% on face value of Rs 10) for FY2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong financial performance with revenue from operations at Rs 25,983.32 million for FY2026, up 2.9% from Rs 25,239.16 million in FY2025. Profit after tax increased significantly by 69.7% to Rs 731.82 million compared to Rs 431.35 million in the previous year. EPS (excluding exceptional items) improved to Rs 6.80 from Rs 3.90. The Board also announced appointments of Ms. Jyoti Sancheti as Company Secretary and Compliance Officer, and reappointed N. A. Shah Associates LLP as Statutory Auditors for another 5-year term.
The significant jump in profitability (up 70%) supports the dividend payout and signals strong operational performance. The modest Rs 1 per share dividend reflects conservative cash deployment while the company invests in growth. Shareholders can expect approval at the AGM.