Integrated Filing — IndAS

General information about company
Scrip Code	542907
NSE Symbol	PRINCEPIPE
MSEI Symbol	NA
ISIN	INE689W01016
Name of company	PRINCE PIPES AND FITTINGS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	21-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	PIPES AND FITTINGS
Start date and time of board meeting	21-May-2025   12:45:00
End date and time of board meeting	21-May-2025   15:55:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-21
Indicate Company website link for updated RPT policy of the Company	https://www.princepipes.com/investors/corporate-governance/policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not Applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	7196540000	25239160000
	Other income	57170000	137440000
	Total income	7253710000	25376600000
2	Expenses
(a)	Cost of materials consumed	4766080000	18751450000
(b)	Purchases of stock-in-trade	231940000	999930000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	402580000	-912200000
(d)	Employee benefit expense	464020000	1741930000
(e)	Finance costs	33410000	96730000
(f)	Depreciation, depletion and amortisation expense	272830000	1070190000
(f)	Other Expenses
1	Other Expenses	783490000	3040100000
	Total other expenses	783490000	3040100000
	Total expenses	6954350000	24788130000
3	Total profit before exceptional items and tax	299360000	588470000
4	Exceptional items	0	0
5	Total profit before tax	299360000	588470000
6	Tax expense
7	Current tax	54570000	154710000
8	Deferred tax	3010000	2400000
9	Total tax expenses	57580000	157110000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	241780000	431360000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	241780000	431360000
17	Other comprehensive income net of taxes	1520000	-430000
18	Total Comprehensive Income for the period	243300000	430930000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	1105610000	1105610000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		14658790000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.19	3.9
	Diluted earnings (loss) per share from continuing operations	2.19	3.9
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.19	3.9
	Diluted earnings (loss) per share from continuing and discontinued operations	2.19	3.9
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. The above results were reviewed by Audit Committee and approved by the Board of Directors at their respective meetings held on 21.05.2025 and have been audited by the Statutory Auditors of the Company. n n2. Figures for the quarter ended 31.03.2025 and 31.03.2024 represents the difference between the audited figures in respect to the full financial year and published figures of period ended 31.12.2024 (limited reviewed) and 31.12.2023 (limited reviewed).t n n3. The legal matter between Company, Ruby Mills Limited and Mindset Estates Private Limited (Developer) has been amicably resolved and the Corporate Office situated at, The Ruby, Dadar, Mumbai has now been registered in the name of the Company. Exceptional item for the year ended 31.03.2024 represents net gain of INR 179.23 million towards settlement of above matter and it is based on the valuation report obtained by the Company. n n4. The Board of Directors of the Company at its meeting held on 21.05.2025 have recommended a final dividend of Rs 0.50 paisa per share of face value of Rs 10/- each for the year ended 31.03.2025 which is subject to shareholders approval in ensuing annual general meeting. n n5. The Company is primarily engaged in manufacturing and selling of Pipes, Fittings and allied products in India. It comprises of Pipes and Fittings, Bathware sanitary and Faucet and allied products.t n n6. The figures for the previous periods have been regrouped wherever necessary.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	9414730000
	Capital work-in-progress	197240000
	Investment property	122050000
	Goodwill	2960000
	Other intangible assets	65630000
	Intangible assets under development	460000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	2900000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	152680000
	Total non-current financial assets	155580000
	Deferred tax assets (net)	0
	Other non-current assets	377590000
	Total non-current assets	10336240000
2	Current assets
	Inventories	6094800000
	Current financial asset
	Current investments	266670000
	Trade receivables, current	4229410000
	Cash and cash equivalents	802240000
	Bank balance other than cash and cash equivalents	27850000
	Loans, current	4440000
	Other current financial assets	12650000
	Total current financial assets	5343260000
	Current tax assets (net)	135980000
	Other current assets	1283430000
	Total current assets	12857470000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	23193710000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1105610000
	Other equity	14658790000
	Total equity attributable to owners of parent	15764400000
	Non controlling interest
	Total equity	15764400000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	884130000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	63590000
	Total non-current financial liabilities	947720000
	Provisions, non-current	218660000
	Deferred tax liabilities (net)	192870000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1359250000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1757360000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	233900000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2376840000
	Total Trade payable	2610740000
	Other current financial liabilities	797960000
	Total current financial liabilities	5166060000
	Other current liabilities	868530000
	Provisions, current	35470000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	6070060000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	7429310000
	Total equity and liabilites	23193710000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit and loss	2030000	-580000
	Total Amount of items that will not be reclassified to profit and loss	2030000	-580000
2	Income tax relating to items that will not be reclassified to profit or loss	510000	-150000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	1520000	-430000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Unaudited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			588470000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			96730000
	Adjustments for decrease (increase) in inventories			-1715900000
	Adjustments for decrease (increase) in trade receivables, current			1540800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-241190000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-22840000
	Adjustments for other financial assets, current			-1330000
	Adjustments for other bank balances			-15000000
	Adjustments for increase (decrease) in trade payables, current			135420000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-103610000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1070190000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			9150000
	Adjustments for provisions, non-current			40230000
	Adjustments for other financial liabilities, current			101250000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			5330000
	Adjustments for dividend income			0
	Adjustments for interest income			60810000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-27600000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			70650000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			881470000
	Net cash flows from (used in) operations			1469940000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			280500000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1189440000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			388780000
	Other cash payments to acquire equity or debt instruments of other entities			245190000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			14300000
	Purchase of property, plant and equipment			2556190000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			11920000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			60810000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2890000
	Net cash flows from (used in) investing activities	-2346520000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			3422210000
	Repayments of borrowings			1925130000
	Payments of lease liabilities			65860000
	Dividends paid			110520000
	Interest paid			106450000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-16300000
	Net cash flows from (used in) financing activities			1197950000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			40870000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			40870000
	Cash and cash equivalents cash flow statement at beginning of period			761370000
	Cash and cash equivalents cash flow statement at end of period			802240000