Prakash Pipes Reports Quarterly And Nine Month Results
ECONOMY & POLICY

Prakash Pipes Reports Quarterly And Nine Month Results

Prakash Pipes Limited reported net sales of Rs 1,810 million (mn) and EBITDA of Rs 180 mn for the quarter ended 31st December, 2025, with net profit after depreciation, interest and tax of Rs 100 mn. These results reflect operational stability in the period.

For the nine months ended 31st December, 2025 the company reported net sales of Rs 5,660 mn and EBITDA of Rs 520 mn, with net profit of Rs 300 mn and earnings per share of Rs 12.45. The nine month performance indicates recovery in demand across the business.

The PVC pipes and fittings division recorded sales volumes of 11,068 tonnes (t) in the quarter compared with 10,547 t in the corresponding period of the previous financial year, as PVC resin price declines were arrested and market conditions normalised. Management noted that a good monsoon and favourable economic conditions in housing, agriculture and infrastructure are expected to support demand in ensuing quarters. The division's trend suggests that the pipe business is returning to normal growth trajectories.

The flexible packaging division achieved sales volumes of 4,329 t against 4,015 t a year earlier as the business expanded its product range and capacities to offer customised solutions. The division continues to focus on diversification and capacity enhancement to drive growth.

The company reiterated that forward-looking statements reflect current beliefs and involve risks, uncertainties and other factors that may cause actual results to differ materially, and stakeholders were cautioned not to place undue reliance on such statements. Prakash Pipes Limited holds BRCGS, ISO and Sedex Smeta four pillar certifications and continues to pursue operational and commercial initiatives to strengthen its market position. It will continue to prioritise cost efficiencies, working capital management and enhanced customer service to support sustainable margins. These measures are expected to support steady cash flows and enable targeted investments in capacity and product development.

Prakash Pipes Limited reported net sales of Rs 1,810 million (mn) and EBITDA of Rs 180 mn for the quarter ended 31st December, 2025, with net profit after depreciation, interest and tax of Rs 100 mn. These results reflect operational stability in the period. For the nine months ended 31st December, 2025 the company reported net sales of Rs 5,660 mn and EBITDA of Rs 520 mn, with net profit of Rs 300 mn and earnings per share of Rs 12.45. The nine month performance indicates recovery in demand across the business. The PVC pipes and fittings division recorded sales volumes of 11,068 tonnes (t) in the quarter compared with 10,547 t in the corresponding period of the previous financial year, as PVC resin price declines were arrested and market conditions normalised. Management noted that a good monsoon and favourable economic conditions in housing, agriculture and infrastructure are expected to support demand in ensuing quarters. The division's trend suggests that the pipe business is returning to normal growth trajectories. The flexible packaging division achieved sales volumes of 4,329 t against 4,015 t a year earlier as the business expanded its product range and capacities to offer customised solutions. The division continues to focus on diversification and capacity enhancement to drive growth. The company reiterated that forward-looking statements reflect current beliefs and involve risks, uncertainties and other factors that may cause actual results to differ materially, and stakeholders were cautioned not to place undue reliance on such statements. Prakash Pipes Limited holds BRCGS, ISO and Sedex Smeta four pillar certifications and continues to pursue operational and commercial initiatives to strengthen its market position. It will continue to prioritise cost efficiencies, working capital management and enhanced customer service to support sustainable margins. These measures are expected to support steady cash flows and enable targeted investments in capacity and product development.

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