Prakash Pipes Announces FY2026 Results, Recommends 34% Total Dividend
Prakash Pipes Limited announced its financial results for the quarter and the year ended March 31, 2026. The company’s Board of Directors approved the audited financial results and recommended a final dividend, while also formalizing the re-appointment of its Cost Auditors.The Board meeting, held on May 30, 2026, included the approval of the audited financial results, the auditor's report, and the audited statements of assets and liabilities and cash flow as of March 31, 2026. The company confirmed that the report of the auditors carries an unmodified opinion regarding the audited financial results.
Dividend Recommendation and Financial Highlights
The Board recommended a final dividend of 24% corresponding to approximately 2.40 per equity share of 10 each, for the financial year ended March 31, 2026. This dividend, when combined with the interim dividend of 10% (approximately 1 per equity share) previously declared, aggregates to a total dividend of 34% (approximately 3.40 per equity share) for the year. This is an increase compared to the 24% (approximately 2.40 per equity share) declared in the previous financial year.Financial Performance Summary
The company reported significant sales and profitability metrics:| Metric | Quarter Ended 31.03.26 | Quarter Ended 31.12.25 | Year Ended 31.03.26 | Year Ended 31.03.25 |
|---|---|---|---|---|
| Sales/Income from operations (Lakhs) | 22,315 | 18,115 | 78,871 | 78,048 |
| Total Income (Lakhs) | 22,950 | 18,114 | 79,810 | 79,299 |
| Net Profit (Lakhs) | 1,348 | 1,011 | 4,326 | 8,310 |
| Earnings Per Share (Rs. 10 face value) | 5.64 | 4.23 | 18.09 | 34.74 |
Segment Performance
Prakash Pipes Limited reported performance across its key operational segments: PVC Pipe and Fittings and Flexible Packaging.In the PVC Pipe and Fittings segment, total revenue from operations was 22,315 lakhs for the quarter ended March 31, 2026.
The Flexible Packaging segment delivered performance driven by customer diversification and a focus on value added products.
Corporate Updates and Governance
The Board also approved the re-appointment of M/s SKG & Co., Cost Accountants, as the Cost Auditors of the Company for the Financial Year 2026-27. This re-appointment is effective from May 30, 2026, to conduct the audit of the Cost records of the Company for the Financial Year 2026-27.The comprehensive financial reports, including the Statement of Assets and Liabilities, the Statement of Cash Flow, and detailed segment information, are available and contain audited figures for the quarter and year ended March 31, 2026, alongside corresponding audited figures for the previous year.
PPL Stock Price Movement
On Friday, shares of Prakash Pipes Limited edged higher to close at ₹207.25, marking a day gain of 1.33%. The stock traded on a total volume of 168,354 shares, successfully concluding its session after testing a range between ₹204.48 and ₹213.97.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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