Plastic Products company Prince Pipes & Fittings announced Q1FY26 results Revenues: Rs 580 crore compared to Rs 604 crore during Q1FY25, change -4%. EBITDA: Rs 40 crore compared to Rs 58 crore during Q1FY25, change -31%. EBITDA Margin: 7% for Q1FY26. Parag Chheda, Joint Managing Director of Prince Pipes and Fittings, said: - “During the quarter, polymer prices remained stable at lower levels; however, a continued drop in PVC resin prices resulted in inventory losses that affected margins. Despite this, we maintained strong operational discipline with effective cost controls and focused market efforts. We enhanced brand visibility through a strategic partnership with Indian Railways, significantly increasing our presence across premium trains nationwide. Our strategic focus continues to remain on strengthening our distribution network and adding new products to the portfolio, alongside sustained investments in capacity and infrastructure. We are confident that these initiatives will strengthen our growth strategy and contribute to delivering sustained value for our stakeholders. With government commitment to increase its spending on infrastructure, we are optimistic about demand recovery going forward.” Result PDF
Conference Call with Prince Pipes & Fittings Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.