Prakash Pipes Reports FY2025-26 Results, Recommends 34% Total Dividend
Prakash Pipes Limited announced its financial results for the year and quarter ended March 31, 2026. The company reported growth in key metrics during the quarter, while the annual figures highlight a strong year, leading the Board of Directors to recommend a significant total dividend.Financial Highlights for FY2025-26
During the quarter ending March 31, 2026, the company recorded Net Sales of 223 Crores and achieved an EBITDA of 23 Crores. This reflects a growth of 22% and 24%, respectively, compared to the corresponding quarter of the previous financial year. Profit after Tax increased to 13 Crores, marking a 31% growth year-over-year.For the full fiscal year, Prakash Pipes reported Net Sales of 789 Crores and total EBITDA of 76 Crores. Profit after Tax for the year stood at 43 Crores, resulting in an Earnings Per Share (EPS) of 18.09.
The Board of Directors recommends a final dividend of 24%, equating to 2.40 per equity share, based on a face value of 10 per share. When combined with an interim dividend of 10% (or 1 per equity share) declared earlier in the year, the total recommended dividend amounts to 34% (3.40 per equity share), compared to 24% declared in the previous financial year.
A detailed summary of the financial performance is provided below:
| Metric | Period | Value |
|---|---|---|
| Net Sales | Quarter | 223 Crores |
| Net Sales | Year | 789 Crores |
| EBITDA | Quarter | 23 Crores |
| EBITDA | Year | 76 Crores |
| Profit After Tax | Quarter | 13 Crores |
| Profit After Tax | Year | 43 Crores |
Divisional Performance Review
The company provided insights into the performance of its two main divisions.PVC Pipes & Fittings Division
The PVC Pipes & Fittings Division noted that FY 2025-26 was a challenging period for the industry, impacted by volatility in raw material prices, prolonged unseasonal rainfall, and global geopolitical uncertainties. Despite these headwinds, the division achieved a sales volume of 48,118 MT, marking a decline of 13% over the last financial year. Management anticipates a continued growth trajectory this year, citing the division's strong brand recognition and stability in PVC resin prices.
Flexible Packaging Division
The Flexible Packaging Division delivered encouraging results, driven by customer diversification and a focus on value-added products. During the year, the division recorded a sales volume of 16,605 MT, representing a decrease of 7% compared to the previous financial year. To capitalize on the increased sales volume and expanding customer base in both domestic and international markets, the division has initiated a phased capacity expansion plan, which is expected to substantially enhance its installed capacity in the coming years.
PPL Stock Price Movement
On Friday, Prakash Pipes Limited shares edged higher to close at ₹207.25, marking a gain of 1.33% on the day. The stock traded on a volume of 168,354 shares, settling comfortably above its daily trading range of ₹204.48 to ₹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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