Prakash Pipes Limited reported financial results for the quarter and year ended 31 March 2026. The company recorded net sales of Rs 2,230 million (mn) for the quarter and EBITDA of Rs 230 mn, representing year on year growth in net sales and earnings before interest, tax, depreciation and amortisation. Profit after tax for the quarter rose to Rs 130 mn from Rs 100 mn in the corresponding quarter of the previous financial year.

For the full year the company achieved net sales of Rs 7,890 mn and EBITDA of Rs 760 mn, with profit after tax of Rs 430 mn and earnings per share of Rs 18.09. The board recommended a final dividend of 24 per cent, equivalent to Rs two point four zero per equity share of Rs ten each, which together with the interim dividend of 10 per cent, equivalent to Rs one per share, aggregates to total dividend of 34 per cent or Rs three point four zero per equity share for the year. Management highlighted resilience amid raw material volatility and market challenges while focusing on margin improvement and return to growth.

The PVC pipes and fittings division faced a challenging year owing to prolonged unseasonal rainfall, volatility in resin prices and global uncertainties, yet it recorded sales volume of 48,118 tonne (t), reflecting a decline compared with the prior year. The company noted steady brand recognition and stabilising PVC resin prices as supportive factors that could help restore volume growth during the current year. A measured commercial and distribution approach remains a key focus to drive market share recovery.

The flexible packaging division delivered improved performance through customer diversification and greater focus on value added products, achieving sales volume of 16,605 t despite headwinds. The division has initiated a phased capacity expansion plan that the company expects will enhance installed capacity substantially over time. The board affirmed its intent to pursue capacity additions and geographic expansion to support both domestic and international demand.