Prince Pipes and Fittings Ltd

Prince Pipes and Fittings Limited announced that its shareholders approved the re-appointment of Jayant S. Chheda as Chairman and Managing Director for three years, from August 21, 2026, to August 20, 2029, and Parag J. Chheda and Vipul J. Chheda as Joint Managing Director and Executive Director, respectively, for the same period. Additionally, the company re-appointed M/s. N.A. Shah Associates LLP as its statutory auditors for a second five-year term, concluding at the 44th Annual General Meeting.

Prince Pipes and Fittings Limited informed the BSE Limited and National Stock Exchange of India Ltd. that its 39th Annual General Meeting will be held on September 16, 2026, with a book closure period from September 10, 2026, to September 16, 2026, and a record date for dividend on September 9, 2026; e-voting will be available from September 13, 2026, at 9:00 A.M. (IST) to September 15, 2026, at 5:00 P.M. (IST).

Prince Pipes & Fittings Ltd announced that it has received reaffirmed ratings across various instruments from multiple rating agencies, disclosed under Regulation 30 of SEBI LODR. The reaffirmed ratings pertain to instruments with unspecified amounts and unspecified ratings, with the reaffirmation received on August 07, 2026, and without any enhancements, assignments, or withdrawals noted by the rating agencies.

Prince Pipes and Fittings Ltd. announced a 5% year-over-year increase in revenue to INR 609 crore for the quarter ended June 30, 2026, according to a press release. The company, based in Mumbai, Maharashtra, reported earnings of INR 34 crore, a 580% year-over-year increase, with earnings per share margins at 6%. Volumes for the quarter were 40,729 metric tons, a 7% decrease year-over-year, while EBITDA rose to INR 77 crore, a 93% year-over-year increase, with margins at 13%.

Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 4 August 2026.

Net profit of Prince Pipes & Fittings rose 132.05% to Rs 56.11 crore in the quarter ended March 2026 as against Rs 24.18 crore during the previous quarter ended March 2025. Sales rose 18.12% to Rs 850.07 crore in the quarter ended March 2026 as against Rs 719.65 crore during the previous quarter ended March 2025. For the full year,net profit rose 69.63% to Rs 73.18 crore in the year ended March 2026 as against Rs 43.14 crore during the previous year ended March 2025. Sales rose 2.95% to Rs 2598.33 crore in the year ended March 2026 as against Rs 2523.92 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales850.07719.65 18 2598.332523.92 3 OPM %12.907.62 -8.916.46 - PBDT109.9357.22 92 232.87165.87 40 PBT75.6329.94 153 101.7958.85 73 NP56.1124.18 132 73.1843.14 70 Powered by Capital Market - Live

Prince Pipes & Fittings announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 19 May 2026.

Prince Pipes & Fittings had earlier announced the Asset Purchase Agreement for a manufacturing facility in Bhuj, Gujarat on 20 March 2024, structured in two phases. The first phase included the acquisition of the Aquel brand along with moulds, dies and related intellectual property, enabling the company to initiate the integration of the bathware portfolio within its product offering. Accordingly, the company today announced the completion of the second phase of the Asset Purchase Agreement (APA) with Klaus Waren Fixtures, relating to the acquisition of identified assets of the Klaus Waren Fixtures. The acquired assets will serve as the manufacturing base for the company's bathware operations and will support scaling of the 'Aquel by Prince' product portfolio, which includes faucets and bathroom accessories. Management will continue the measured build-out of the business through distribution expansion, product development and targeted brand investment.

Net Loss of Prince Pipes & Fittings reported to Rs 2.38 crore in the quarter ended December 2025 as against net loss of Rs 20.42 crore during the previous quarter ended December 2024. Sales declined 0.77% to Rs 573.27 crore in the quarter ended December 2025 as against Rs 577.72 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales573.27577.72 -1 OPM %4.870.81 - PBDT33.601.25 2588 PBT0.04-25.18 LP NP-2.38-20.42 88 Powered by Capital Market - Live