Prince Pipes Standalone December 2022 Net Sales at Rs 705.90 crore, up 6.31% Y-o-Y
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Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of schedule of Analyst/Institutional Investor Meets/Call.07-02-2023
Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of schedule of Analyst/Institutional Investor Meets/Call.07-02-2023
Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation to our letter No. PPFL/SE/2022-23/067 dated February 03, 2023, please find enclosed presentation to be made for Conference Call Scheduled on Wednesday, February 08, 2023 at 11:30 a.m. IST. Kindly take the same on record.07-02-2023
Q3FY23 Quarterly Result Announced for Prince Pipes & Fittings Ltd.
Prince Pipes & Fittings announced Q3FY23 results: Q3FY23: Revenue growth of 6% YoY on account of healthy volume growth across Plumbing, Agriculture, and SWR EBITDA at Rs 69 crore as compared to Rs 111 crore, margin at 9.8% PAT at Rs 35 crore as compared to Rs 67 crore Improvement in Net Working capital days – 44 days as of Q3FY23 Strong cash conversion as Receivables at 48 days and Inventory at 61 days Net Cash position ~ Rs 158 crore as of December end The company continues to remain long-term debt free during the quarter Commenting on the results, Mr. Parag Chheda, Joint Managing Director, Prince Pipes and Fittings Limited, said, “Our volume performance this quarter has been very heartening as we continued to face pressure on PVC prices until November, which started showing upward trend in December, leading to improvement in sentiment and re-stocking in the distributor channel. This stability supported by underlining demand momentum from real estate, agriculture, and infrastructure sectors, provided strong growth impetus. I am happy to share that we achieved a very strong 35% volume growth for Q3. Our focus continues to be on innovation and market expansion as we launched two key products with superior German technology in Modern Plumbing division which marks the start of the next chapter of our growth. We understand India’s evolving needs and with the launch of a premium line of products, we are bringing home the finest in manufacturing, design and end-to-end solutions to offer high-performance drainage & piping solutions to builders, homeowners, and consultants across the nation. The Union Budget 2023-24 is a well-balanced Budget that has finely pushed up the capex spending without compromising on fiscal discipline. It continues to maintain thrust on the real estate, infrastructure, agriculture, social infrastructure sectors and key themes of inclusive development, green growth, sanitation, health, drinking water connections - which are measures to ensure comprehensive economic growth. PM Jal Jeevan Mission - budgeted allocation of Rs 700 billion and PM Awas Yojana allocation of Rs 790 billion are initiatives that augur well for the building materials industry. On an overall basis, we continue to be bullish on the medium to long term prospects of the industry particularly with the Government’s strong intent of ushering in greater development and faster progress in the areas of sanitation, water availability and agriculture. We believe that industry potential along with the growing depth of our product portfolio, effective marketing strategies and alignment to our ESG goals, will support us in leveraging exciting opportunities over the coming years.” Result PDF07-02-2023
Prince Pipes and Fittings Ltd - 542907 - Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On February 07, 2023
Outcome of Board Meeting of the Company held on February 07, 202307-02-2023
Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We write to inform you for dissemination of the information that a conference Call for Analyst and Investors is scheduled on Wednesday, February 08, 2023 at 11:30 hours IST hosted by Batlivala & Karani Securities India Private Limited on behalf of the Company following the announcement of Company's Un-audited Standalone Financial Result for the Quarter and Nine Months Ended December 31, 2022. The Details of the Q3 FY 23 results Conference Call are enclosed in the annexure. Kindly take the same on record.03-02-2023
Prince Pipes and Fittings Ltd - 542907 - Board Meeting Intimation for Inter Alia, To: Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2022.
Prince Pipes And Fittings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/02/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, we hereby intimate you that a meeting of the Board of Directors of the Company will be held on Tuesday, February 07, 2023, inter alia, to: - Consider and approve the Unaudited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2022. Further, kindly note that, under the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in securities of the Company has been closed from Sunday, January 01, 2023, to Thursday, February 09, 2023 (both days inclusive). This intimation is also being uploaded on the Company's website at www.princepipes.com. You are requested to kindly note the same.25-01-2023
Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of schedule of Analyst/Institutional Investor Meets/Call.10-01-2023
Prince Pipes and Fittings Ltd - 542907 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are enclosing herewith certificate dated January 03, 2023, issued by M/s Link Intime India Private Limited, Registrar and Share Transfer Agent of the Company confirming compliance under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 2022. Kindly take the same on record.06-01-2023