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.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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.

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Infrastructure Urban

30 Aug 2025

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Infrastructure Urban

30 Aug 2025

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..