PRINCEPIPE
Prince Pipes And Fittings Limited
NSELast Traded Price
₹260.5
-6.65 (-2.49%)
Open
₹265
High
₹267.55
Low
₹256.75
Prev Close
₹267.15
Industry
Plastic Products - Industrial
Market Cap
2898.91 Cr
Filing History
Recent corporate announcements and filings for PRINCEPIPE
Governance
Neutral
2026-09-30 17:23
- Prince Pipes And Fittings Limited received a GST Show Cause cum Demand Notice in Form GST DRC-01 on September 29, 2026.
- Total demand is ₹2,74,41,122 for FY 2022-23 (Tax: ₹1.52Cr, Interest: ₹96 Lakhs, Penalty: ₹26 Lakhs).
- Notice issued by Rajasthan GST authority regarding excess outward tax and ITC mismatches.
- Company states demand is not maintainable with no material financial impact expected.
Governance
Negative
2026-09-30 17:18
- Prince Pipes And Fittings Limited received a Show Cause cum Demand Notice in Form GST DRC-01 from the Commercial Tax Officer, Karnataka, on September 29, 2026.
- The demand amounts to ₹65,93,632 (Tax of ₹38,34,607 and Interest of ₹27,59,025) for the financial year 2022-23.
- The notice alleges excess outward tax in e-way bills compared to GSTR-3B and excess ITC claims.
- The company believes the demand is not maintainable and expects no material impact on its financials or operations.
Routine
Neutral
2026-09-24 12:06
- Trading window for dealing in company securities will remain closed from October 01, 2026.
- Closure applies to all Designated Persons and their immediate relatives until 48 hours after declaration of Q2 and H1 unaudited financial results for the period ended September 30, 2026.
- Board meeting date will be intimated in due course.
Business Update
Neutral
2026-09-23 15:13
- Concall Schedule
- Event 1: PL Capital Mid & Small Cap Conference 2026
- Interaction Type: Physical Meeting in Mumbai with Institutional Investors/Fund Managers
- Date: Monday, 28th September 2026
- Time: 10:00 AM
- Event 2: Arihant Bharat Connect Conference 2026
- Interaction Type: Virtual Meeting with Institutional Investors/Fund Managers
- Date: Wednesday, 30th September 2026
- Time: 11:00 AM
Business Update
Neutral
2026-09-23 15:08
- Concall Schedule
- Date: Monday, 28th September 2026, Time: 10:00 AM, Conference: PL Capital Mid & Small Cap Conference 2026
- Date: Wednesday, 30th September 2026, Time: 11:00 AM, Conference: Arihant Bharat Connect Conference 2026
Governance
Neutral
2026-09-18 15:21
- Re-appointment of Mr. Jayant S. Chheda as Chairman & Managing Director for 3 years (August 21, 2026 to August 20, 2029).
- Re-appointment of Mr. Parag J. Chheda as Joint Managing Director for 3 years (August 21, 2026 to August 20, 2029).
- Re-appointment of Mr. Vipul J. Chheda as Executive Director for 3 years (August 21, 2026 to August 20, 2029).
- Re-appointment of M/s. N.A. Shah Associates LLP as Statutory Auditors for a second term of 5 consecutive years.
Governance
Neutral
2026-09-18 15:18
- Shareholders at the 39th Annual General Meeting (AGM) approved the re-appointment of Mr. Jayant S. Chheda as Chairman & Managing Director, Mr. Parag J. Chheda as Joint Managing Director, and Mr. Vipul J. Chheda as Executive Director, each for a period of three years. Also, M/s. N.A. Shah Associates LLP were re-appointed as Statutory Auditors for five years.
Governance
Neutral
2026-09-18 15:17
- The 39th AGM on Sept 16, 2026, approved the re-appointment of Mr. Jayant S. Chheda as Chairman & MD, Mr. Parag J. Chheda as Jt. MD, and Mr. Vipul J. Chheda as Executive Director, each for a 3-year term (Aug 21, 2026 - Aug 20, 2029).
- M/s. N.A. Shah Associates LLP were also re-appointed as Statutory Auditors for a second 5-year term.
Governance
Neutral
2026-09-18 15:03
- At the 39th AGM on September 16, 2026, members approved the re-appointment of Mr. Jayant S. Chheda (CMD), Mr. Parag J. Chheda (JMD), and Mr. Vipul J. Chheda (ED) for three years (August 21, 2026 - August 20, 2029).
- M/s. N.A. Shah Associates LLP were re-appointed as Statutory Auditors for a second five-year term.
Governance
Positive
2026-09-18 11:35
- Prince Pipes and Fittings Limited announced the voting results of its 39th Annual General Meeting (AGM) held on September 16, 2026.
- All resolutions placed before the shareholders were passed with requisite majority.
- Key resolutions included the adoption of the Audited Financial Statements for FY 2026, and the declaration of a final dividend of Re. 1/- per equity share for FY 2026.
Business Update
Neutral
2026-09-17 12:33
- Investor Meet Schedule
- Date: Tuesday, September 22, 2026
- Time: 10:00 AM
- Location/Mode: Physical - Mumbai
- Interaction Type: One-to-one & group meetings with Institutional Investors/Fund Managers
- Event: Anand Rathi Annual Flagship Conference G-200 Summit 2026
Financials
Positive
2026-09-04 16:39
- The Board of Directors has recommended a final dividend of Re. 1/- per equity share (10%) for the Financial Year ended March 31, 2026.
- This dividend is subject to approval by members at the 39th Annual General Meeting on September 16, 2026.
- The filing provides details regarding the process of Tax Deducted at Source (TDS) on the final dividend as per the Income-tax Act, 2025.
- Shareholders can submit necessary documents for TDS exemption or lower deduction by September 11, 2026, 5:00 PM.
Governance
Positive
2026-09-02 10:05
- Intimation of 39th Annual General Meeting on 16th September, 2026.
- Book Closure Period from 10th September, 2026 to 16th September, 2026.
- Record Date for Dividend and E-Voting cut-off date is 9th September, 2026.
Governance
Positive
2026-08-24 18:26
- Prince Pipes and Fittings Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. - The report outlines the company's commitment to ESG principles, sustainable practices, and robust governance. - It indicates adherence to regulatory policies and reports no fines or penalties.
Governance
Negative
2026-08-20 17:47
CRITICAL RED FLAG DETECTED
- Mr. Ajay Kumar has resigned from the position of Chief Human Resource Officer of Prince Pipes and Fittings Limited due to personal reasons.
- His cessation of employment is effective from the close of business hours on August 20, 2026.
Business Update
Positive
2026-08-11 11:31
- Q1 FY27 Revenue from operations stood at INR 609 crores (▲5% YoY), with volumes degrowing by 7% YoY to 40,729 MT due to April washout, showing recovery in May-July.
- EBITDA for Q1 FY27 was INR 77 crores (▲93% YoY), with EBITDA Margin at 13% (▲600 bps YoY).
- PAT for Q1 FY27 was INR 34 crores (▲580% YoY), with PAT margin at 6%.
- Management reaffirmed FY27 volume growth guidance of 12%-15% and operating margin guidance of 11%-13%.
- Strategic focus on product innovation (launched DECILO), distribution & retailer network expansion, digitizing the value chain, and brand building.
- Gross debt is around INR 120 crores, with net cash almost neutral as of June 30, 2026.
- Current capacity utilization is 52%-53%, aiming for ~60% with guided growth.
- Debtor days at 40 days for Q1 FY27, with a target to reduce to 30 days in the coming years. Inventory days were 100 days, expected to normalize by Q2 end.
Business Update
Neutral
2026-08-08 12:41
- CRISIL Ratings reaffirmed Prince Pipes and Fittings Limited's credit ratings for bank loan facilities worth ₹768 Cr.
- Long Term Rating: Crisil A+/Negative; Short Term Rating: Crisil A1+.
- The outlook on these ratings is Negative, reflecting potential future pressure on the credit profile.
Business Update
Neutral
2026-08-05 15:21
- Analyst/Institutional Investor Meet Schedule
- Meet Date: Monday, 10th August 2026
- Meet Time: 02:00 PM
- Event: Nirmal Bang Semi Annual Investor Conference 2026 (Physical - Mumbai)
Business Update
Neutral
2026-08-04 20:16
- Audio recording link of the Earnings Call held on August 04, 2026, for the quarter ended June 30, 2026, is available.
- The call was held at 04:30 P.M. (IST).
- Link: https://www.princepipes.com/audio/Prince-Pipes-Q1-FY27-Concall-Audio.mp3
Financials
Positive
2026-08-04 14:47
- Consolidated Revenue ₹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 14:16
- Consolidated Revenue ₹609.42 Cr vs ₹580.42 Cr (▲5.0% YoY)
- EBITDA ₹81.15 Cr vs ₹42.55 Cr (▲90.7% YoY)
- PAT ₹33.75 Cr vs ₹4.82 Cr (▲600.0% YoY)
- EBITDA Margin 13.3% vs 7.3% (▲600bps)
Business Update
Neutral
2026-07-29 10:00
- Concall Schedule
- Concall Date: Tuesday, August 04, 2026
- Concall Time: 04:30 PM IST
Routine
Neutral
2026-06-25 15:24
- Trading Window to close for designated persons from July 01, 2026.
- Closure is related to the unaudited financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after results declaration.
Business Update
Neutral
2026-06-19 12:28
- Concall Schedule
- Concall Date: Thursday, June 25, 2026
- Concall Time: 12:00 PM
- Meeting Type: Virtual group meeting with Institutional Investors/Fund Managers, hosted by Kotak Securities (PCG).
Business Update
Neutral
2026-06-03 19:57
- Concall Schedule
- Concall Date: June 08, 2026
- Concall Time: 10:00 AM
- Call Details: One-to-one physical meeting in Mumbai with Institutional Investors/Fund Managers
- Concall Date: June 09, 2026
- Concall Time: 10:00 AM
- Call Details: One-to-one and group physical meeting in Mumbai with Institutional Investors/Analysts
Business Update
Neutral
2026-06-03 19:54
- Concall Schedule: Investor/Analyst Meets
- Concall Dates: June 08, 2026 and June 09, 2026
- Concall Times: 10:00 AM on both days
- Location: Physical - Mumbai
- Details: Meetings with Institutional Investors/Fund Managers and Analysts. No presentation or unpublished price sensitive information will be shared.
Routine
Neutral
2026-05-26 15:30
New Filing detected. See link for details.
Business Update
Neutral
2026-05-20 16:46
Prince Pipes and Fittings Limited has provided the audio recording link for the conference call held on May 20, 2026. The conference call was for analysts and investors and pertained to the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026.
Financials
Positive
2026-05-19 18:20
Standalone Revenue ₹850Cr vs ₹720Cr (▲18% YoY), EBITDA ₹110Cr vs ₹55Cr (▲100% YoY), PAT ₹56Cr vs ₹24Cr (▲133% YoY). EBITDA Margin 13% vs 8% (▲500bps). The board recommended a final dividend of Rs 1 per equity share for FY26.
Financials
Positive
2026-05-19 18:08
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 (▲131.97% YoY). EBITDA Margin 12.89% vs 7.58% (▲531bps). The Board also recommended a final dividend of Re. 1 per share for FY26, and approved the appointments of Ms. Jyoti Sancheti as Company Secretary and Compliance Officer and M/s. N. A. Shah Associates LLP as Statutory Auditors.
Financials
Positive
2026-05-19 18:05
Unaudited Standalone Revenue for the quarter ended March 31, 2026, was ₹850.07 Cr vs ₹719.65 Cr (▲18.12% YoY), EBITDA ₹109.62 Cr vs ₹54.57 Cr (▲100.87% YoY), PAT ₹56.11 Cr vs ₹24.18 Cr (▲132.06% YoY). EBITDA Margin expanded to 12.89% from 7.58% (▲531bps). The Board also recommended a final dividend of Re. 1/- per share for FY 2025-26.
Financials
Positive
2026-05-19 18:05
Standalone Revenue ₹8,500.73Mn vs ₹7,196.54Mn (▲18.12% YoY), EBITDA ₹1,096.18Mn vs ₹545.74Mn (▲100.86% YoY), PAT ₹561.05Mn vs ₹241.78Mn (▲132.06% YoY). EBITDA Margin 12.89% vs 7.58% (▲531bps). The Board also recommended a final dividend of Re. 1/- per equity share for FY2025-26.
Financials
Positive
2026-05-19 17:56
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/- per equity share for FY26.
Financials
Positive
2026-05-19 16:58
Standalone Revenue for Q4 FY26 was ₹850.07 Cr vs ₹719.65 Cr (▲18.1% YoY), EBITDA ₹109.62 Cr vs ₹54.57 Cr (▲100.9% YoY), and PAT ₹56.11 Cr vs ₹24.18 Cr (▲132.1% YoY). EBITDA Margin expanded by 530bps to 12.9% vs 7.6%. The board also recommended a final dividend of Re. 1/- per share for FY26.
Business Update
Neutral
2026-05-14 14:47
Prince Pipes and Fittings Limited will host a conference call for analysts and investors on Wednesday, May 20, 2026, at 11:00 AM IST. The call, hosted by MUFG Intime India Private Limited, is to discuss the company's Audited Financial Results for the quarter and year ended March 31, 2026. Key participants will include Mr. Parag Chheda (Joint Managing Director), Mr. Nihar Chheda (Vice President - Strategy), and Mr. Anand Gupta (Chief Financial Officer).
Routine
Neutral
2026-04-14 15:07
Prince Pipes and Fittings Limited filed a confirmation certificate under Regulation 74(5) of SEBI Regulations for the quarter ended March 31, 2026, confirming compliance regarding the dematerialization and transfer of securities.
Business Update
Positive
2026-04-07 16:33
Prince Pipes and Fittings Limited (PPFL) completed the second phase of the Asset Purchase Agreement dated March 20, 2024, by acquiring the manufacturing facility (land, buildings, machinery) at Bhuj, Gujarat. This acquisition strengthens its strategic diversification in the 'Aquel by Prince' bathware segment.
Routine
Neutral
2026-04-02 18:44
New Filing detected. See link for details.
Business Update
Negative
2026-04-01 15:54
CRITICAL RED FLAG DETECTED
Prince Pipes and Fittings received a GST demand order dated March 30, 2026, for ₹31.12 lakhs (FY 2019-20), alleging ineligible input tax credit. The company deems the demand not maintainable and expects no relevant financial impact.
Routine
Neutral
2026-03-25 11:14
Prince Pipes and Fittings Limited announced the closure of its Trading Window from April 01, 2026, for designated persons. This is in anticipation of the declaration of audited financial results for the quarter and year ended March 31, 2026, and the window will reopen 48 hours after results are declared.
Governance
Negative
2026-02-24 12:02
CRITICAL RED FLAG DETECTED
Mr. Shailesh Bhaskar, Company Secretary & Compliance Officer (KMP) of Prince Pipes and Fittings Limited, has resigned effective close of business hours on February 24, 2026, due to personal reasons and to pursue better prospects. The company has acknowledged his resignation.
Financials
Negative
2026-02-17 17:08
Consolidated Revenue ₹573Cr (▲3% YoY) for Q3 FY26. EBITDA stood at ₹28Cr (5% margin), with PAT at negative ₹2Cr. The reported EBITDA was corrected from an initial erroneous figure of ₹828Cr.
Business Update
Neutral
2026-02-11 16:07
Prince Pipes and Fittings Limited provided the audio recording link for its conference call held on February 11, 2026, for analysts and investors. The concall pertained to the unaudited standalone financial results for the quarter and nine months ended December 31, 2025.
Financials
Positive
2026-02-10 18:22
Consolidated Revenue ₹573Cr vs ₹578Cr (▼1% YoY), EBITDA ₹28Cr vs ₹5Cr (▲460% YoY), PAT was a loss of ₹2Cr compared to a loss of ₹20Cr in the prior year's quarter (loss significantly reduced). EBITDA Margin 5% vs 1% (▲400bps).
Financials
Negative
2026-02-10 17:51
For Q3 FY26, Revenue stood at ₹573 Cr, EBITDA was ₹28 Cr with a 5% margin, and Net Profit (PAT) recorded a loss of ₹(2) Cr. Sales Volume grew 3% YoY.
Financials
Positive
2026-02-10 17:35
Consolidated Revenue ₹573Cr vs ₹578Cr (▼1% YoY), EBITDA ₹28Cr vs ₹5Cr (▲460% YoY), PAT ₹-2Cr vs ₹-20Cr (▲90% YoY). EBITDA Margin 5% vs 1% (▲400bps).
Financials
Positive
2026-02-10 16:28
Standalone Revenue ₹573.27Cr vs ₹577.72Cr (▼0.8% YoY), EBITDA ₹27.90Cr vs ₹4.67Cr (▲497.6% YoY), PAT Loss of ₹2.38Cr vs Loss of ₹20.42Cr (Loss reduced by 88.4% YoY). EBITDA Margin 4.87% vs 0.81% (▲406bps).
Financials
Neutral
2026-01-28 15:34
Prince Pipes and Fittings Limited will host a conference call on February 11, 2026, at 11:00 AM IST to discuss its Q3 and 9M FY26 un-audited standalone financial results ended December 31, 2025.