Prince Pipes And Fittings Limited — Investor Meet, 17-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Prince Pipes reported Q3 FY26 revenue of INR 573 Cr with 3% volume growth, facing subdued demand and recording an EBITDA of INR 28 Cr (5% margin) impacted by INR 18-20 Cr inventory loss. Management expects a stronger Q4 with January showing double-digit volume growth, driven by restocking due to recent PVC price increases. The company has transitioned to in-house CPVC compounding (SmartFit Plus) for improved competitiveness. Looking ahead, Prince Pipes targets double-digit volume growth and 10-12% EBITDA margins (excluding bathware losses) for FY27, banking on market consolidation and operational efficiencies. Working capital management has shown significant improvement.