Prince Pipes and Fittings (PRINCEPIPE)₹315.50−0.30%Plastic Products - Industrial
In the Jun 2026 quarter (standalone), Prince Pipes and Fittings reported sales of ₹609 Cr, up 5.0% from Jun 2025, and net profit of ₹34.05 Cr, up 579.6% year on year. For the year to Mar 2026, sales were ₹2,597 Cr and net profit ₹73.14 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 656 | 619 | 741 | 604 | 622 | 578 | 720 | 580 | 595 | 573 | 850 | 609 |
| Expenses | 563 | 545 | 650 | 548 | 578 | 575 | 667 | 542 | 542 | 546 | 742 | 534 |
| Operating Profit | 94.16 | 76.12 | 92.20 | 58.10 | 46.07 | 5.01 | 55.06 | 40.05 | 55.12 | 28.05 | 110 | 77.06 |
| OPM % | 14.0% | 12.0% | 12.0% | 10.0% | 7.0% | 0.8% | 8.0% | 7.0% | 9.0% | 4.9% | 13.0% | 13.0% |
| Other Income | 21.93 | 2.99 | 4.98 | 2.99 | 3.98 | 1.99 | 5.98 | 2.99 | 1.99 | 0.00 | 4.99 | 3.98 |
| Interest | 0.99 | 2.99 | 0.99 | 0.99 | 1.99 | 4.99 | 2.99 | 4.99 | 3.99 | −3.99 | 3.99 | 2.99 |
| Depreciation | 22.98 | 22.98 | 23.96 | 25.94 | 27.98 | 25.98 | 26.96 | 30.96 | 31.93 | 33.96 | 33.97 | 34.97 |
| Profit before tax | 93.19 | 53.15 | 72.12 | 34.05 | 20.05 | −25.04 | 30.06 | 6.02 | 20.04 | −2.01 | 76.15 | 43.09 |
| Tax % | 24.1% | 29.1% | 24.0% | 27.0% | 28.0% | −18.9% | 19.0% | 24.1% | 26.0% | 18.1% | 26.1% | 21.0% |
| Exceptional items | 14.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 | 0.00 | 0.00 |
| Net Profit | 71.19 | 38.06 | 55.10 | 25.03 | 15.03 | −20.02 | 24.06 | 5.01 | 15.03 | −2.01 | 56.11 | 34.05 |
| EPS (Rs) | 6.40 | 3.41 | 4.95 | 2.24 | 1.34 | −1.86 | 2.20 | 0.45 | 1.33 | −0.23 | 5.09 | 3.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,007 | 1,246 | 1,315 | 1,572 | 1,636 | 2,072 | 2,659 | 2,710 | 2,571 | 2,524 | 2,597 | 2,627 |
| Expenses | 911 | 1,086 | 1,155 | 1,392 | 1,411 | 1,715 | 2,248 | 2,468 | 2,267 | 2,368 | 2,375 | 2,365 |
| Operating Profit | 100 | 163 | 164 | 184 | 230 | 365 | 417 | 250 | 308 | 162 | 232 | 270 |
| OPM % | 10.0% | 13.0% | 12.0% | 12.0% | 14.0% | 18.0% | 16.0% | 9.0% | 12.0% | 6.0% | 9.0% | 10.3% |
| Other Income | 0.00 | 1.99 | 4.98 | 6.98 | 5.98 | 14.96 | 4.98 | 8.97 | 33.88 | 12.95 | 8.97 | 10.96 |
| Interest | 33.96 | 35.94 | 35.97 | 35.95 | 32.96 | 20.99 | 13.98 | 10.98 | 5.99 | 9.99 | 9.99 | 6.98 |
| Depreciation | 29.96 | 32.94 | 37.95 | 43.94 | 51.96 | 58.95 | 69.92 | 82.89 | 90.85 | 107 | 131 | 135 |
| Profit before tax | 37.08 | 96.23 | 95.21 | 111 | 151 | 300 | 338 | 165 | 244 | 59.12 | 100 | 137 |
| Tax % | 20.1% | 23.0% | 24.1% | 26.0% | 25.0% | 26.1% | 26.0% | 26.1% | 25.0% | 27.0% | 27.1% | — |
| Exceptional items | 0.00 | 0.00 | −1.01 | 2.01 | −1.01 | −2.01 | 0.00 | 1.01 | 17.04 | 0.00 | −2.01 | −2.01 |
| Net Profit | 30.05 | 74.16 | 73.15 | 82.18 | 113 | 223 | 250 | 121 | 182 | 43.10 | 73.14 | 103 |
| EPS (Rs) | 6.16 | 16.50 | 8.09 | 9.13 | 10.25 | 20.20 | 22.61 | 11.00 | 16.52 | 3.91 | 6.63 | 9.25 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 10.0% | 17.0% | 16.0% | 0.0% | 6.0% | 13.0% | 15.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 48.17 | 48.18 | 45.20 | 90.41 | 90.36 | 110 | 110 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 106 | 136 | 197 | 227 | 308 | 726 | 930 | 1,151 | 1,250 | 1,431 | 1,463 | 1,530 |
| Borrowings | 300 | 299 | 323 | 371 | 297 | 264 | 87.85 | 152 | 62.94 | 130 | 277 | 145 |
| Other Liabilities | 142 | 169 | 195 | 290 | 337 | 307 | 452 | 523 | 502 | 448 | 464 | 636 |
| Total Liabilities | 595 | 652 | 759 | 978 | 1,032 | 1,407 | 1,581 | 1,936 | 1,926 | 2,119 | 2,314 | 2,422 |
| Fixed Assets | 224 | 238 | 269 | 345 | 363 | 489 | 502 | 646 | 681 | 798 | 960 | 1,068 |
| CWIP | 4.01 | 14.03 | 18.05 | 15.06 | 62.18 | 8.02 | 77.26 | 23.08 | 24.08 | 35.09 | 20.05 | 24.09 |
| Investments | 0.00 | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 11.99 | 91.92 | 38.01 | 26.98 | 148 |
| Other Assets | 366 | 399 | 472 | 618 | 606 | 910 | 1,000 | 1,256 | 1,130 | 1,249 | 1,308 | 1,181 |
| Inventories | 113 | 101 | 174 | 243 | 202 | 346 | 228 | 621 | 428 | 440 | 611 | 497 |
| Trade receivables | 213 | 239 | 237 | 239 | 250 | 180 | 331 | 436 | 416 | 586 | 424 | 363 |
| Cash & equivalents | 5.99 | 8.99 | 11.98 | 9.98 | 21.95 | 257 | 230 | 58.88 | 122 | 77.89 | 82.83 | 129 |
| Total Assets | 595 | 652 | 759 | 978 | 1,032 | 1,407 | 1,581 | 1,936 | 1,926 | 2,119 | 2,314 | 2,422 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 124 | 86.40 | 94.40 | 163 | 220 | 102 | 293 | −20.08 | 361 | 33.14 | 120 | 528 |
| Cash from investing activity | −29.88 | −50.78 | −66.74 | −169 | −105 | −367 | −69.70 | 19.93 | −142 | −126 | −234 | −324 |
| Cash from financing activity | −92.74 | −34.90 | −23.91 | 5.97 | −105 | 256 | −213 | 21.92 | −128 | 47.85 | 120 | −152 |
| Net cash flow | 0.00 | 0.00 | 3.01 | −2.01 | 9.02 | −9.02 | 8.01 | 23.06 | 90.17 | −45.07 | 4.01 | 48.12 |
| Capex | 30.92 | 50.86 | 67.87 | 179 | 114 | 121 | 122 | 168 | 94.81 | 194 | 256 | 214 |
| Free cash flow | 91.85 | 35.94 | 25.98 | −7.99 | 114 | −15.98 | 171 | −188 | 265 | −158 | −136 | 312 |
| CFO / OP % | 153.9% | 93.9% | 70.9% | 109.0% | 134.9% | 61.0% | 97.9% | 17.9% | 160.0% | 34.9% | 90.9% | 228.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 81 | 87 | 69 | 66 | 58 | 40 | 58 | 60 | 56 | 83 | 61 | 51 |
| Inventory days | 58 | 50 | 73 | 97 | 66 | 113 | 61 | 120 | 75 | 89 | 119 | 96 |
| Days payable | 38 | 48 | 42 | 78 | 70 | 59 | 83 | 77 | 56 | 50 | 51 | 76 |
| Cash conversion cycle | 99 | 87 | 99 | 84 | 54 | 93 | 35 | 102 | 74 | 121 | 129 | 71 |
| Working capital days | 9 | 16 | 22 | 16 | 5 | 22 | 39 | 70 | 60 | 88 | 82 | 72 |
| ROCE % | — | 15.0% | 25.0% | 21.0% | 21.0% | 21.0% | 29.0% | 28.0% | 12.0% | 15.0% | 4.0% | 6.0% |
For the Jun 2026 quarter, Prince Pipes and Fittings reported sales of ₹609 Cr, up 5.0% year on year and net profit of ₹34.05 Cr, up 579.6% year on year. The operating margin was 13.0%.
Prince Pipes and Fittings' sales for the year to Mar 2026 were ₹2,597 Cr; over the last twelve months they were ₹2,627 Cr.
Net profit for the year to Mar 2026 was ₹73.14 Cr, and ₹103 Cr over the last twelve months. Earnings per share over the same trailing period were ₹9.25.
Prince Pipes and Fittings reported borrowings of ₹145 Cr at Mar 2026, against cash and equivalents of ₹129 Cr.
Cash from operations was ₹528 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹312 Cr.