Prince Pipes and Fittings Limited share price
NSE: PRINCEPIPE · ISIN INE689W01016
Key numbers
- Market cap
- ₹ 2,895 Cr
- Current price
- ₹ 261.80
- 52-week high / low
- ₹ 352 / 205
- Stock P/E
- 27.9
- Book value
- ₹ 148.6
- Dividend yield
- 0.38%
- ROCE
- 6.1%
- ROE
- 4.5%
- Debt to equity
- 0.09
- Sales growth (3 yrs)
- -1.5%
- Profit growth (3 yrs)
- -15.5%
- 1-year return
- -24.1%
About Prince Pipes and Fittings Limited
Prince Pipes and Fittings Limited manufactures and sells piping solutions in India. The company offers the SMARTFIT PLUS chlorinated polyvinyl chloride (CPVC) hot and cold potable water plumbing systems, EASYFIT unplasticized polyvinyl chloride (UPVC) plumbing systems, and EASYFIT RE reclaim piping systems; Onefit Corzan CPVC industrial piping system, GREENFIT poly propylene random copolymer (PPR) plumbing and industrial piping systems, GREENFIT BLUE PPR industrial piping systems; and Skolan Safe polypropylene (PP) drainage system. It also provides HT Safe low-noise PP drainage system, SILENTFIT low-noise SWR systems with seals, RAINFIT roof water systems, and BIOFIT septic tanks; AQUAFIT agriculture pressure pipes and fittings, SAFEFIT borewell systems, and PEfit Aqua high-density polyethylene pipes; FOAMFIT underground drainage piping systems, DRAINFIT UPVC underground drainage piping systems, DRAINFIT inspection chambers, CORFIT underground double-wall corrugated pipes, CORFIT inspection chambers, and DURAFIT fiber-reinforced plastic manhole and chamber covers; and STOREFIT water tanks. In addition, the company provides WIREFIT electrical conduit pipes and fittings and CABLEFIT…
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 580 | 595 | 573 | 850 | 609 |
| Operating profit | 40 | 55 | 28 | 110 | 77 |
| Net profit | 5 | 15 | -2 | 56 | 34 |
| EPS (₹) | 0.44 | 1.32 | -0.21 | 5.07 | 3.05 |
Concall summary (2026-08-11)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- So for full year, we will be doing just 12% - 15% guidance that we have said last time in terms of the volume and on the margin front, 11% - 13%.
- Our guidance is 11% to 13% kind of operating margin.
Growth & demand
- Our volumes for the quarter stood at 40,729 metric tons , degrew by 7% Y -o-Y.
- EBITDA for the quarter stood at INR 77 crores, a growth of 93% Y -o-Y, while margins stood at 13%, registering a 600 basis point growth.
Margins & costs
- EBITDA is minus INR 5 crores, and there is no inventory gain for this quarter.
- So now there is no inventory gain because what we are seeing the significant improvement in the gross margin for this quarter, close to 30 -odd percent primarily because of the change in inventory, which is kind of INR 100 crores negative figure, and that's why there is a significant improvement.
Capex & expansion
- Despite these external challenges, Prince Pipes remained firmly focused on executing our long- term strategy, which is based on 3 pillars: product innovation, distributor network expansion and retailer network expansion.
- For this quarter, around INR 40 crores, INR 42 crores has been spent, and that has primarily been on the completion of second tranche of Bhuj plant takeover.
Balance sheet & cash
- We expect industry demand to be supported by a recovery in infrastructure activity, increasing premiumization across product categories and the benefits of operating leverage as market conditions normalize.
- Receivable days stood at 40 days, whereas inventory days stood at 100 days as of 30th June 2026.
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