Prakash Pipes Limited Reports Q1 FY2027 Results; Net Sales Reach ₹241 Crores
Prakash Pipes Limited announced its financial results for the quarter ended June 30, 2026 (Q1 FY2027), noting strong performance across both its PVC Pipes & Fittings Division and Flexible Packaging Division. The company reported a significant increase in net sales, EBITDA, and Profit After Tax (PAT).For Q1 FY2027, the company recorded Net Sales of ₹241 crores and achieved an EBITDA of ₹27 crores. This reflects a 19% growth over the corresponding quarter of the previous financial year. Furthermore, the Profit after Tax stood at ₹16 crores, marking a 59% rise compared to Q1 FY2026. Earnings Per Share (EPS) for the quarter was reported as ₹6.87.
Division Performance Highlights
PVC Pipes & Fittings DivisionThe PVC division reported sales volume of 11,421 MT in the quarter, against 14,115 MT during the corresponding period of the previous financial year. The performance of the division was noted to be affected initially by the West Asia war crisis, which led to a steep hike in PVC resin prices and consequently impacted demand for PVC pipes and fittings. However, the report stated that from June onwards, resin prices stabilized, leading to a revival in demand for the products.
Flexible Packaging Division
The Flexible Packaging division recorded sales volume of 4,980 MT against 3,751 MT in the previous financial year's corresponding quarter, registering a 33% year-on-year growth. The division also showcased robust export performance. Sales volume of exports reached 1,468 MT during the quarter, reflecting a 195% increase on a year-over-year basis.
Operational Outlook and Capacity Planning
Responding to the growing demand, particularly in export markets, both divisions are initiating capacity expansions. The Flexible Packaging Division has planned an expansion project aimed at doubling its production capacity by March 2027.The PVC Pipes & Fittings Division is also planning to expand operations to cater to rising demand orders and aims to achieve this expansion by March 2027.
Key financial data for Prakash Pipes Limited (PPL) in Q1 FY2027 compared to Q1 FY2026:
| Metric | Q1 FY2027 (~in crores) | Q1 FY2026 (~in crores) | Year-over-Year Growth |
|---|---|---|---|
| Net Sales | 241 | N/A | 19% |
| EBITDA | 27 | N/A | 47% |
| Profit After Tax (PAT) | 16 | N/A | 59% |
| EPS | 6.87 | N/A | N/A |
PPL Stock Price Movement
Today, Prakash Pipes Limited shares surged in the post-market trading session, achieving an indicative close at ₹272.00 after gaining ₹7.60 or 2.87%. Throughout the day, the stock price maintained a strong range, moving from a low of ₹260.00 to a high of ₹277.00.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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