Prince Pipes Reports Q1 FY27 Results: Revenue Grows 5% YoY as EBITDA Jumps 93% Despite Operating Headwinds

Prince Pipes Reports Q1 FY27 Results: Revenue Grows 5% YoY as EBITDA Jumps 93% Despite Operating Headwinds​

Prince Pipes and Fittings Limited, one of India’s largest integrated piping solutions providers, announced its unaudited financial results for the quarter ended June 30, 2026. While the company reported a 5% year-over-year growth in revenue, it saw substantial improvements in profitability, with EBITDA growing by 93%.

The company operates through nine strategically located manufacturing units across the country and focuses on delivering integrated piping solutions using CPVC, UPVC, HDPE, and PPR polymers.

Financial Performance Snapshot​

For Q1 FY27, Prince Pipes reported a Finished Goods Volume of 40,729 MT. The financial performance highlights show a mixed picture across metrics compared to previous periods:


The company’s key figures for the quarter included:

• Revenues: Stood at INR 609 Cr, representing a 5% growth year-over-year (YoY).
• EBITDA: Reached INR 77 Cr, marking strong YoY growth of 93%. The EBITDA margin stood at 13%.
• PAT: Came in at INR 34 Cr, showing robust growth of 580% YoY. This resulted in a PAT margin of 6%.

Operational Focus and Strategy​

During the quarter, Prince Pipes focused on strengthening its market presence through targeted brand-building initiatives. These campaigns were executed across high-traffic public platforms, including buses and trains, to improve consumer engagement and enhance brand visibility as a trusted provider of quality piping solutions.

Mr. Parag Chheda, Joint Managing Director of Prince Pipes and Fittings Ltd., commented on the results, stating that the quarter involved a challenging operating environment characterized by fluctuations in raw material costs, changing demand patterns across key end-use sectors, and slower infrastructure activity impacting the industry.

"Against this backdrop, we remained focused on disciplined execution, prudent cost management, and strengthening our market presence," Chheda stated. He added that looking ahead, the company remains confident in the long-term growth prospects of the business. Continued investments in manufacturing capacity, product innovation, operational capabilities, and an expanding distribution network provide a solid foundation for future growth.

Company Background​

Prince Pipes and Fittings Limited (PPFL) is one of India's fastest growing companies in the pipes and fittings industry. Incorporated in 1987, the company specializes in polymer piping solutions across four types: CPVC, UPVC, HDPE, and PPR.

In a strategic move, Prince Pipes acquired the bathware brand Aquel in March 2024, subsequently launching "Aquel by Prince" as a top-of-the-line range of faucets and sanitaryware. The company maintains a wide pan-India distributor base, consisting of over 1,500 distributors, to ensure rapid response to customer needs.

The company’s state-of-the-art manufacturing units are located in various locations, including Haridwar (Uttarakhand), Athal (Dadra and Nagar Haveli), Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra), Chennai (Tamil Nadu), Jobner (Rajasthan), Sangareddy (Telangana), Begusarai (Bihar), and the Bathware unit in Bhuj (Gujarat).

PRINCEPIPE Stock Price Movement​

Shares of Prince Pipes And Fittings Limited are rallying as of 2:57 PM, trading at ₹276.85 after jumping up 5.11% in the live market. The stock maintains strong intraday interest, with over 1.34 million shares traded while it trades within its range, anchored by a low near ₹263.75.