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Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Newspaper Publication

We write to inform you that pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"), the audited Financial Results for the Quarter and Year ended March 31, 2023, were published in the newspapers on May 26 ,2023 in The Economic Times (English) and Tarun Bharat Goa (Marathi). You are requested to take note of the same.
27-05-2023
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Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Audio Recording Link of the Conference Call held for Analysts and investors pertaining to Audited Standalone financial results for the Quarter and Financial Year ended March 31, 2023.
26-05-2023

Prince Pipes & Fittings Results Earnings Call for Q4FY23

Conference Call with Prince Pipes & Fittings Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
26-05-2023

Prince Pipes climbs 4.5% on March quarter results

The company logged a 7 percent year-on-year rise in net profit at Rs 94.11 crore for the quarter ended March.
26-05-2023
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Prince Pipes and Fittings Ltd - 542907 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Submission of Annual Secretarial Compliance Report for the year ended March 31, 2023.
25-05-2023
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Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Investor Presentation

Presentation at Conference Call for Analyst and Investors.
25-05-2023
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Q4FY23 Quarterly & FY23 Annual Result Announced for Prince Pipes & Fittings Ltd.

Plastic products company Prince Pipes & Fittings announced Q4FY23 & FY23 results: Revenue at Rs 764 crore as compared to Rs 706 crore in Q3FY23 Focused efforts in brand premiumisation and optimized product mix of plumbing and SWR categories, led to improved realisations QoQ EBITDA at Rs 148 crore as compared to Rs 69 crore, grew by 114% QoQ, margin at 19.4% PAT at Rs 94 crore as compared to Rs 35 crore in Q3FY23, grew by 168% QoQ The Company has delivered marginally improved Revenue performance at Rs 2,711 crore EBITDA at Rs 250 crore as compared to Rs 415 crore, margins at 9% PAT at Rs 121 crore as compared to Rs 249 crore Improvement in Net Working capital days – 57 days in March 2023 as compared to 68 days in March 2022 Strong cash conversion as Inventory at 57 days in March 2023 as compared to 85 days in March 2022 Net Cash position ~ Rs 158 crore as of March 2023 Company continues to remain long term debt free Commenting on the performance, Mr. Parag Chheda, Joint Managing Director, Prince Pipes and Fittings Limited, said, “The year saw an unprecedented volatility in input costs in PVC prices which led to significant inventory losses adversely affecting our profitability in H1FY23. We were able to mitigate the situation by cost and inventory optimization efforts. This trend reversed moderately from December 2022 and our resilient performance of Q3FY23 strongly bounced back in Q4FY23 with significant improvement in operational margins. In Q4, we reported a healthy profitability led by stable input prices and an improving product mix. We continued to expand our product portfolio with the launch of state-of-the-art products in the Piping division, aligned to the Company’s growth strategy of bringing innovative and global products to the domestic market. Our roll out of Modern Plumbing products is on course with encouraging response from channel partners. Simultaneously, we are also implementing new, improved technologies to be future-ready, and all these efforts are key growth-oriented strategic measures towards better performance in FY 23-24. We are also set to launch the Bathware range towards the end of Q1 and are excited to deliver quality products and backed by a robust service network. On an overall basis, with industry potential being intact, Prince Pipes will continue to take definite strides towards innovation, in building a robust portfolio and implementation to capitalize on opportunities, where the Prince brand can bring its expertise, knowhow, and service quality.” Result PDF
25-05-2023
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Prince Pipes and Fittings Ltd - 542907 - Disclosure Of Related Party Transactions For The Half Year Ended On 31St March, 2023.

Disclosure of Related Party Transactions for the half year ended on 31st March, 2023.
25-05-2023
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Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

please find enclosed Press Release with respect to Audited Financial Results for the Quarter and Financial Year ended 31st March, 2023.
25-05-2023
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