Prince Pipes And Fittings Q2 FY27: revenue up 38.1% to ₹821 Cr, net profit up 226.5% to ₹48 Cr
Results · Finvezto · 4 Nov 2026 · Prince Pipes And Fittings (PRINCEPIPE)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 821 | - | +38.1% |
| Operating profit | 101 | - | +82.4% |
| Net profit | 48 | - | +226.5% |
| Operating margin | 12.2% | - | +3.0 pp |
| Net margin | 5.8% | - | +3.4 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Revenue from operations for the quarter grew 38% Y-o-Y to INR821 crores with volumes up 22% at 52,080 metric tons, while EBITDA rose 82% to INR100 crores with margins at 12%, up 300 basis points. Earnings call
- PAT for the quarter grew 220% Y-o-Y to INR48 crores at a 6% margin, while H1 FY27 revenue stood at INR1,430 crores, up 22% Y-o-Y, and H1 PAT stood at INR82 crores. Earnings call
- Management said volume growth was supported by restocking after PVC prices firmed and the MIP created a price floor, while end product demand stayed healthy and smaller players kept losing share. Earnings call
What to watch
- Management on ebitda margin band: I think we maintain this 11% to 13% kind of band.
- Management on fy27 volume growth: I think it will be double digit like we have guided.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.