Prince Pipes Sees 4 Per Cent Volume Rise in Q1 FY26

07 Aug 2025 CW Team

EBITDA stood at Rs 400 million, registering a 31 per cent decline compared to Rs 580 million in Q1 FY25. EBITDA margin contracted to 7 per cent from 10 per cent a year ago, primarily due to inventory losses stemming from falling polymer prices, particularly PVC resin.

During the quarter, Prince Pipes advanced its branding efforts through a strategic partnership with Indian Railways. This collaboration significantly expanded the company's visibility by placing branding across Vande Bharat and other premium trains, strengthening nationwide customer engagement.

The company also focused on broadening its product and distribution reach. The Bathware segment ‘Aquel’ saw its distribution extended into the South following successful entries into the North and West. A new team has also been established in the East to drive regional expansion.

In addition, Prince Pipes launched a robust digital ecosystem—Udaan 2.0—integrating distributor management (DMS), sales force automation (SFA), customer relationship management (CRM), and a partner loyalty programme. This initiative aims to enable data-driven decision-making, improve market responsiveness, and boost long-term stakeholder value.

Joint Managing Director Mr Parag Chheda noted that while falling resin prices impacted margins, the company’s continued operational discipline and strategic investments in infrastructure and branding have laid a solid foundation for long-term growth. He expressed optimism over a demand recovery driven by increased government infrastructure spending.

Prince Pipes and Fittings Ltd., one of India's leading integrated piping solutions providers with eight strategically located manufacturing facilities, announced its financial results for the quarter ended 30 June 2025. Despite continued volatility in PVC resin prices, the company recorded a 4 per cent year-on-year increase in finished goods volume, reaching 43,735 metric tonnes. However, quarterly revenue declined by 4 per cent to Rs 5.8 billion, down from Rs 6.04 billion in the same period last year.EBITDA stood at Rs 400 million, registering a 31 per cent decline compared to Rs 580 million in Q1 FY25. EBITDA margin contracted to 7 per cent from 10 per cent a year ago, primarily due to inventory losses stemming from falling polymer prices, particularly PVC resin.During the quarter, Prince Pipes advanced its branding efforts through a strategic partnership with Indian Railways. This collaboration significantly expanded the company's visibility by placing branding across Vande Bharat and other premium trains, strengthening nationwide customer engagement.The company also focused on broadening its product and distribution reach. The Bathware segment ‘Aquel’ saw its distribution extended into the South following successful entries into the North and West. A new team has also been established in the East to drive regional expansion.In addition, Prince Pipes launched a robust digital ecosystem—Udaan 2.0—integrating distributor management (DMS), sales force automation (SFA), customer relationship management (CRM), and a partner loyalty programme. This initiative aims to enable data-driven decision-making, improve market responsiveness, and boost long-term stakeholder value.Joint Managing Director Mr Parag Chheda noted that while falling resin prices impacted margins, the company’s continued operational discipline and strategic investments in infrastructure and branding have laid a solid foundation for long-term growth. He expressed optimism over a demand recovery driven by increased government infrastructure spending.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..