Prince Pipes Q4 FY26: Revenue Up 18% to ₹850 Cr, PAT Soars 133% to ₹56 Cr
Prince Pipes reported Q4 FY26 revenue of ₹850 crore (up 18% Y-o-Y) and PAT of ₹56 crore (up 133% Y-o-Y). Full-year FY26 revenue was ₹2,598 crore. The company achieved record quarterly volumes (up 23% Y-o-Y) and launched a new low-noise PP pipe, DECILO. It also acquired the Bathware brand Aquel.
The announcement includes significant financial performance improvements, strategic acquisitions, new product launches, and positive future guidance, all of which are material to investors.
The company reported strong year-on-year growth in revenue, EBITDA, and profit after tax for Q4 FY26, alongside achieving record volumes and strategic acquisitions. Management guidance for the upcoming fiscal year is also positive.
Prince Pipes and Fittings Limited announced its Q4 and FY26 financial results, reporting a robust performance despite industry headwinds. For the fourth quarter of FY26, the company achieved its highest ever quarterly volumes, with a volume growth of 23% year-on-year (Y-o-Y). Full-year FY26 volume growth stood at 8%.
Financially, Q4 FY26 saw revenue from operations reach ₹850 crore, an 18% increase Y-o-Y. EBITDA grew by an exceptional 100% Y-o-Y to ₹110 crore, with margins expanding by 500 basis points to 13%. Profit after tax (PAT) for the quarter surged by 133% Y-o-Y to ₹56 crore, with PAT margins improving to 7% (up 400 basis points).
For the full year FY26, revenue from operations was ₹2,598 crore, a 3% increase Y-o-Y. Full-year EBITDA stood at ₹232 crore, up 43% Y-o-Y, with margins at 9%. PAT after exceptional items (related to employee benefits from new Labour Code implementation) was ₹73 crore, a 70% growth Y-o-Y.
The company successfully launched DECILO, an advanced low-noise PP pipe solution, and completed the strategic acquisition of the Bathware brand, Aquel, including its manufacturing facility in Bhuj, Gujarat. A new Aquel experience center was also inaugurated in Vadodara.
Looking ahead, Prince Pipes anticipates a gradual recovery supported by improving PVC price stability. The company guided for FY27 EBITDA margins in the band of 11% to 13% and a volume growth of 12% to 15%. Working capital efficiency improved significantly, with working capital days reducing to 45 in FY26 from 98 in the previous year.
What to do with a filing like this
Prince Pipes And Fittings 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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Prince Pipes And Fittings Limited. Read the original for the full detail.