Prince Pipes And Fittings Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
PRINCEPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prince Pipes reported revenue from operations of Rs 25,983.32 million for FY2026, a modest ~3% increase from Rs 25,239.16 million in FY2025. However, profit after tax (before exceptional items) surged 74% to Rs 752.30 million from Rs 431.35 million. The company booked an exceptional item of Rs 20.48 million (net of tax) due to increased provisions under the new consolidated labour codes. Basic EPS improved to Rs 6.80 from Rs 3.90. The Board recommended a final dividend of Re 1 per share (10%). Cash flow from operations was strong at Rs 5,264.64 million. The auditors issued an unmodified (clean) opinion, and the company appointed M/s N. A. Shah Associates LLP as statutory auditors for a second 5-year term.
Strong bottom-line growth with PAT up 74% despite modest revenue growth indicates improved operational efficiency and cost management. The clean audit opinion and positive cash flows are positives for shareholders. The modest dividend may disappoint income-focused investors.