Routine Negative

2026-09-30 17:21

CRITICAL RED FLAG DETECTED

- Prince Pipes and Fittings Ltd received a Show Cause cum Demand Notice in Form GST DRC-01 on September 29, 2026. - Notice issued by Office of The Commercial Tax Officer, Karnataka, for FY 2022-23. - Total demand amount is ₹65,93,632 (Tax of ₹38,34,607 and Interest of ₹27,59,025). - Allegations relate to excess outward tax in e-way bills and excess ITC claims. - Company states no material impact on financials or operations and will submit a reply.

Governance Negative

2026-09-30 17:21

CRITICAL RED FLAG DETECTED

- Prince Pipes and Fittings Ltd received a Show Cause cum Demand Notice in Form GST DRC-01 from the Office of the Deputy Commissioner, State Goods & Service taxes Department, Rajasthan. - The notice pertains to FY 2022-23 for an aggregate demand of ₹2,74,41,122 (Tax: ₹1,52,32,048, Interest: ₹95,96,190, Penalty: ₹26,12,884). - Allegations involve excess outward tax in E-way bills compared to GSTR-3B and excess ITC claimed. - The company believes the demand is not maintainable and expects no material financial impact.

Business Update Neutral

2026-09-23 15:20

- Concall Schedule - Monday, 28th September 2026 at 10:00 AM: Physical meeting in Mumbai for PL Capital Mid & Small Cap Conference 2026. - Wednesday, 30th September 2026 at 11:00 AM: Virtual meeting for Arihant Bharat Connect Conference 2026.

Business Update Neutral

2026-09-23 15:08

- Schedule of Analyst/Institutional Investor Meets/Calls: - Meeting 1: - Date: Monday, 28th September 2026 - Time: 10:00 AM - Location: Physical - Mumbai - Conference: PL Capital Mid & Small Cap Conference 2026 - Meeting 2: - Date: Wednesday, 30th September 2026 - Time: 11:00 AM - Location: Virtual - Conference: Arihant Bharat Connect Conference 2026

Governance Neutral

2026-09-18 15:25

- Re-appointment of Mr. Jayant S. Chheda as Chairman & Managing Director for 3 years (Aug 21, 2026 - Aug 20, 2029). - Re-appointment of Mr. Parag J. Chheda as Joint Managing Director for 3 years (Aug 21, 2026 - Aug 20, 2029). - Re-appointment of Mr. Vipul J. Chheda as Executive Director for 3 years (Aug 21, 2026 - Aug 20, 2029). - Re-appointment of M/s. N.A. Shah Associates LLP as Statutory Auditors for a second term of 5 consecutive years.

Governance Positive

2026-09-18 11:34

- The 39th Annual General Meeting (AGM) was held on September 16, 2026. - All resolutions presented at the AGM were passed with requisite majority. - Resolutions included the adoption of financial statements for FY26, declaration of a final dividend of Re. 1/- per equity share, and re-appointment of directors and auditors.

Business Update Neutral

2026-09-17 12:32

- Concall Schedule - Concall Date: September 22, 2026 - Concall Time: 10:00 AM

Governance Positive

2026-09-16 15:53

- The 39th Annual General Meeting (AGM) of Prince Pipes and Fittings Limited was held on Wednesday, September 16, 2026, at 11:30 a.m. - Key resolutions passed include the adoption of the Audited Financial Statements for FY 2025-26 and the declaration of a final dividend of Re. 1/- per equity share. - Re-appointments of Directors (Mr. Jayant S. Chheda, Mr. Parag J. Chheda, Mr. Vipul J. Chheda) and Statutory Auditors (M/s. N.A. Shah Associates LLP.) were approved. - Management reported another year of purpose-led growth and no qualifications in auditor reports.

Financials Positive

2026-09-04 16:37

- The Board of Directors recommended a final dividend of Re. 1/- per equity share (10%) for FY 2025-26, subject to approval at the 39th Annual General Meeting on September 16, 2026. - The company is communicating the process for Tax Deducted at Source (TDS) on this dividend. - Shareholders need to submit relevant documents by September 11, 2026, for appropriate TDS deduction.

Governance Neutral

2026-09-02 10:04

- The 39th Annual General Meeting (AGM) of Prince Pipes and Fittings Limited will be held on September 16, 2026. - The Book Closure Period for the AGM is from September 10, 2026, to September 16, 2026. - The Record Date for Dividend and E-Voting cut-off date is September 9, 2026. - The E-Voting Period is from September 13, 2026, to September 15, 2026.

Business Update Positive

2026-08-24 18:25

- Prince Pipes and Fittings Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. It highlights the company's commitment to ESG, sustainable energy governance, carbon emission abatement, and responsible business practices. The report details efforts in reducing emissions, phasing out lead stabilizers, and ensuring employee safety.

Governance Negative

2026-08-20 17:46

CRITICAL RED FLAG DETECTED

- Mr. Ajay Kumar has resigned from the position of Chief Human Resource Officer, a Senior Management Personnel. His resignation is due to personal reasons. He will cease to be Senior Management Personnel from the close of business hours on August 20, 2026.

Business Update Positive

2026-08-11 11:30

- Q1 FY27 Consolidated Revenue ₹609Cr (▲5% YoY) - EBITDA ₹77Cr (▲93% YoY) - PAT ₹34Cr (▲580% YoY) - EBITDA Margin 13% vs ~7% (▲600bps YoY) - Management maintains FY27 volume growth guidance of 12-15% and EBITDA margin guidance of 11-13%. - Q1 volumes degrew by 7% YoY due to PVC price volatility and channel destocking in April, but a recovery was observed in May, June, and July. - Bathware segment revenue was ₹13Cr with an EBITDA loss of ₹5Cr in Q1 FY27, with a target to reach ₹25-30Cr revenue and near breakeven by Q3. - Key growth drivers include product innovation (e.g., DECILO), distribution & retailer network expansion, digitization of the value chain, and brand building. - Gross debt stood at ~₹120Cr, with net cash almost neutral as of June 30, 2026. - Debtor days improved to 40 days, with a long-term target of 30 days.

Business Update Negative

2026-08-08 12:42

CRITICAL RED FLAG DETECTED

- Prince Pipes and Fittings Limited's credit ratings for total bank loan facilities of ₹768 Crore were reaffirmed by CRISIL Ratings Limited on August 07, 2026. - The Long Term Rating is reaffirmed as 'Crisil A+/Negative' and the Short Term Rating as 'Crisil A1+'. - The outlook remains 'Negative', reflecting anticipated pressure on the credit profile due to subdued operating performance and reducing operating margins.

Business Update Neutral

2026-08-05 15:24

- Concall Schedule - Concall Date: Monday, 10th August 2026 - Concall Time: 02:00 PM - Event: Nirmal Bang Semi - Annual Investor Conference 2026

Business Update Neutral

2026-08-04 20:11

- Audio recording of the Q1 FY27 earnings call held on August 04, 2026, is now available on the company website. The call discussed the unaudited financial results for the quarter ended June 30, 2026.

Financials Positive

2026-08-04 14:44

- Revenues ₹609 Cr vs ₹580 Cr (▲5% YoY) - EBITDA ₹77 Cr vs ₹40 Cr (▲93% YoY) - PAT ₹34 Cr vs ₹5 Cr (▲580% YoY) - EBITDA Margin 13% vs 7% (▲600bps)

Financials Positive

2026-08-04 14:34

- Consolidated Revenue ₹6,094.18 million vs ₹5,804.16 million (▲5.0% YoY) - EBITDA ₹771.54 million vs ₹398.09 million (▲93.8% YoY) - PAT ₹337.49 million vs ₹48.21 million (▲600.0% YoY) - EBITDA Margin 12.66% vs 6.86% (▲580 bps)

Financials Positive

2026-08-04 14:17

- Revenue from Operations ₹6,094.18 million vs ₹5,804.16 million (▲5.00% YoY) - EBITDA ₹771.54 million vs ₹398.09 million (▲93.81% YoY) - PAT ₹337.49 million vs ₹48.21 million (▲599.97% YoY) - EBITDA Margin 12.66% vs 6.86% (▲580bps)

Business Update Neutral

2026-07-29 10:01

- Concall Schedule - Concall Date: August 04, 2026 - Concall Time: 04:30 PM IST

Governance Neutral

2026-07-27 16:50

- Board Meeting on August 04, 2026, to approve Unaudited Financial Results for the quarter ended June 30, 2026. - Trading window closed from July 01, 2026, to August 06, 2026.

Routine Neutral

2026-06-25 15:25

- Trading window for dealing in securities will close from July 01, 2026, for designated persons and their immediate relatives. - This closure is for the declaration of unaudited financial results for the quarter ended June 30, 2026. - The window will reopen 48 hours after the results are declared. The Board meeting date will be intimated later.

Business Update Neutral

2026-06-19 12:33

- Concall Schedule - Concall Date: Thursday, 25th June 2026 - Concall Time: 12:00 PM - Event: Group meeting with Institutional Investors/Fund Managers hosted by Kotak Securities (PCG), conducted virtually.

Business Update Neutral

2026-06-03 19:43

- Concall Schedule - Concall Date: Monday, 08th June 2026 - Concall Time: 10:00 AM (One-to-one meeting with Institutional Investors/Fund Managers) - Concall Date: Tuesday, 09th June 2026 - Concall Time: 10:00 AM (One-to-one & group meeting with Institutional Investors/Analysts) - Meetings will be held physically in Mumbai. - No presentation or unpublished price sensitive information will be shared during these meetings.

Business Update Neutral

2026-06-03 19:40

- Concall Schedule - Monday, 08th June 2026 at 10:00 AM: One-to-one meeting with Institutional Investors/Fund Managers (Physical - Mumbai). - Tuesday, 09th June 2026 at 10:00 AM: One-to-one meeting & group meeting with Institutional Investors/Analysts (Physical - Mumbai).

Business Update Positive

2026-05-26 15:15

Management guided for FY27/FY28 volume growth of 12-15% and an annualized EBITDA margin of 11-13%. Capex for FY27 is projected at INR200-210 crores. The company aims for its Bathware segment to reach breakeven in Q2/Q3 FY27 with INR20-25 crores quarterly revenue and increase value-added product share from 23-24% (FY26) to 27-28% (FY27). Drivers include new product launches like DECILO, strategic Bathware acquisition, expanding distribution, and market consolidation benefiting larger players. The company maintains a strong balance sheet and is optimistic about long-term growth across its verticals.

Business Update Neutral

2026-05-20 16:52

Prince Pipes and Fittings Limited has provided the audio recording link for the conference call held on May 20, 2026, for analysts and investors. The concall pertained to the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The recording is available at https://www.princepipes.com/audio/PPFL-Q4-FY26-Earnings-concall-audio.mp3.

Financials Positive

2026-05-19 18:33

Standalone Revenue ₹850.07 Cr vs ₹719.65 Cr (▲18.12% YoY), EBITDA ₹109.62 Cr vs ₹54.57 Cr (▲100.86% YoY), PAT ₹56.11 Cr vs ₹24.18 Cr (▲132.06% YoY). EBITDA Margin 12.89% vs 7.58% (▲531bps). The company also recommended a final dividend of Re. 1/- per equity share for FY26.

Financials Positive

2026-05-19 18:17

Prince Pipes and Fittings Ltd. reported standalone Q4 FY26 results: Revenue ₹850 Cr vs ₹720 Cr (▲18% YoY), EBITDA ₹110 Cr vs ₹55 Cr (▲100% YoY), PAT ₹56 Cr vs ₹24 Cr (▲133% YoY). EBITDA Margin 13% vs 8% (▲500bps). The company also announced a final dividend of Re 1 per equity share for FY26.

Financials Positive

2026-05-19 18:12

Standalone Revenue ₹8,500.73 million vs ₹7,196.54 million (▲18.12% YoY), EBITDA ₹1,096.18 million vs ₹545.74 million (▲100.86% YoY), PAT ₹561.05 million vs ₹241.78 million (▲132.05% YoY). EBITDA Margin expanded from 7.58% to 12.89% (▲531bps). The Board also recommended a final dividend of Re. 1/- per equity share for FY 2025-26, and approved the appointment of new Company Secretary, Compliance Officer, and Statutory and Cost Auditors.

Financials Positive

2026-05-19 18:00

Standalone Revenue ₹850.07 Cr vs ₹719.65 Cr (▲18.12% YoY), EBITDA ₹109.62 Cr vs ₹54.57 Cr (▲100.86% YoY), PAT ₹56.11 Cr vs ₹24.18 Cr (▲131.05% YoY). EBITDA Margin 12.89% vs 7.58% (▲531bps). The Board also recommended a final dividend of Re. 1/- per equity share for FY 2025-26.

Financials Positive

2026-05-19 17:59

Standalone Revenue ₹850.07Cr vs ₹719.65Cr (▲18.12% YoY), EBITDA ₹109.62Cr vs ₹54.57Cr (▲100.86% YoY), PAT ₹56.11Cr vs ₹24.18Cr (▲132.05% YoY). EBITDA Margin 12.89% vs 7.58% (▲531bps). The Board also recommended a final dividend of Re. 1/- (10%) per equity share for FY2025-26.

Financials Positive

2026-05-19 16:59

Standalone Revenue ₹8,500.73 million vs ₹7,196.54 million (▲18.12% YoY), EBITDA ₹1,096.18 million vs ₹545.74 million (▲100.86% YoY), PAT ₹561.05 million vs ₹241.78 million (▲132.06% YoY). EBITDA Margin 12.89% vs 7.58% (▲531bps). The company also recommended a final dividend of Re. 1/- per equity share for FY 2025-26.

542907

Prince Pipes and Fittings Ltd

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