Prince Pipes and Fittings, one of India’s largest integrated piping solutions providers, today announced its Q3 and nine-month financial results for FY26, reporting steady volume growth despite a challenging economic backdrop.

 

The company recorded finished goods volume of 42,575 MT in Q3 FY26, up 3% YoY, while revenues stood at Rs. 573 crore, slightly down from Rs. 578 crore in Q3 FY25. EBITDA surged to Rs. 28 crore, representing a 460% increase year-on-year, though profit after tax was Rs. 2 crore, impacted by exceptional items related to employee benefits.

 

For the nine months ended December 31, 2025, Prince Pipes posted volumes of 1,29,071 MT (2% YoY growth) and revenue of Rs. 1,748 crore, with PAT at Rs. 17 crore.

 

Commenting on the performance, Parag Chheda, Joint Managing Director, said: "The pipe industry witnessed a challenging operating environment during the quarter, marked by subdued demand across key applications of plumbing, agriculture and infrastructure. Despite these headwinds, we have achieved a volume growth of 3% YoY in the quarter. Our focus remains firmly on maintaining a disciplined approach towards operational resilience, prioritizing cost rationalization and targeted market initiatives.

 

"During the quarter, we continued to strengthen our product portfolio with introduction of new offerings in CPVC category – SMARTFIT PLUS and water storage solutions segment – STOREFIT range. To further reinforce our brand connect, we unveiled our new brand campaign – ‘INDIA KI PRAGATI KA TAJ’ which honors the contribution of every plumber, contractor, engineer and distributor who played a crucial role in advancing India’s infrastructure and development journey. 

 

"In addition, we enhanced our engagement program by launching a cashback rewards program in bathware segment – Aquel. The initiative enables plumbers to earn direct cash incentives on selected bathware products, further strengthening channel loyalty and product adoption."

 

He added: "With sustained investments in capacity, innovation, and operational efficiency, we are well-positioned to drive long-term growth and deliver consistent value to our stakeholders.”

 

Operationally, Prince Pipes launched SmartFit Plus CPVC and CPVC solvent cement with a four-year shelf life, along with two new water tank variants – Storefit HYDRA and Storefit COOL. The company also celebrated its 40-year journey in India, rolling out a brand campaign that highlights its contribution to the country’s infrastructure growth.