Prince Pipes FY26 Audited Results: Final Dividend of ₹1/Share & Appointments
Prince Pipes' board approved FY26 audited results, recommending a final dividend of Re. 1 per share. Ms. Jyoti Sancheti is appointed as Company Secretary and Compliance Officer w.e.f. 19 May 2026. M/s. N. A. Shah Associates LLP re-appointed as Statutory Auditors for 5 years, and Smt. Ketki D. Visariya appointed as Cost Auditor for FY27. Revenue from Operations stood at ₹25,983.32 million and Profit after tax at ₹731.82 million.
The dividend announcement and key appointments have a moderate impact on the company's operations and investor sentiment.
The announcement includes positive financial results and the appointment of key personnel, which are generally viewed favorably.
Prince Pipes and Fittings Limited announced the outcomes of its Board Meeting held on 19 May 2026. The board approved the audited financial results (standalone) for the quarter and financial year ended 31 March 2026. The board has recommended a final dividend of Re. 1/- (10%) per fully paid-up equity share of the company of the face value of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The dividend shall be paid to the shareholders within 30 days of its declaration at the AGM, the date of which will be informed in due course.
Ms. Jyoti Sancheti has been appointed as the Company Secretary and Compliance Officer, effective 19 May 2026. Additionally, M/s. N. A. Shah Associates LLP has been re-appointed as Statutory Auditors for a second term of five consecutive years, from the conclusion of the 39th AGM until the conclusion of the 44th AGM, subject to shareholder approval. Smt. Ketki D. Visariya has been appointed as the Cost Auditor for the financial year 2026-27.
The Board Meeting commenced at 12:30 p.m. and concluded at 4:00 p.m. Revenue from Operations stood at ₹25,983.32 million for the year ended March 31, 2026 as compared to ₹25,239.16 million for the year ended March 31, 2025. Profit/ (Loss) for the period after tax (after exceptional items) stood at ₹731.82 million for the year ended March 31, 2026 as compared to ₹431.35 million for the year ended March 31, 2025.
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