Prakash Pipes Reports Decline in Q2 & H1 FY26 Net Profit, Announces Registered Office Relocation
Prakash Pipes reported a decline in Q2 and H1 FY26 net profit, with net sales of ₹181 crore and ₹384 crore, respectively. The company also announced a registered office relocation effective December 1, 2025.
The substantial year-on-year decline in net profit and revenue for both the quarter and half-year indicates a significant negative impact on the company's financial health. This could lead to investor concern.
The company reported a significant decline in Net Profit for both the quarter and half-year ended September 30, 2025, compared to the previous year. While divisional commentaries project optimism for H2 FY26, the current financial performance is substantially weaker.
* Prakash Pipes Limited's Board of Directors met on November 14, 2025, to approve the unaudited financial results for the quarter and half year ended September 30, 2025. * For the quarter ended September 30, 2025, the company achieved Net Sales of approximately ₹181 Crores and EBITDA of around ₹17 Crores. The Net Profit for the quarter stood at approximately ₹9 Crores. * For the half year ended September 30, 2025, Net Sales were approximately ₹384 Crores, with an EBITDA of about ₹35 Crores. The Net Profit for the period was approximately ₹20 Crores, resulting in an Earning Per Share (EPS) of ₹8.22. * The PVC Pipes & Fittings Division recorded a sales volume of 10,659 MT during the quarter, an increase from 8,980 MT in the corresponding quarter of the previous financial year, despite demand being impacted by a prolonged monsoon. The company anticipates a demand pickup in the second half of FY26 from agriculture and construction sectors. * The Flexible Packaging Division achieved a sales volume of 4,033 MT, similar to 4,034 MT in the corresponding quarter last year. This division is focused on diversifying its product range, offering customized solutions, and expanding exports. Strong demand is expected in H2 FY26 due to recent GST reforms. * The Board also approved the shifting of the company's Registered Office within Rayya, Amritsar, Punjab, effective December 1, 2025. The new address will be 2348, Ward No. 11, Darjian Wali Gali, Rayya, Amritsar, Punjab-143112.
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Prakash Pipes Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Prakash Pipes Limited. Read the original for the full detail.