Prince Pipes And Fittings · forward-looking guidance across the available source record.
Guidance tracker
Management targets 8-10% volume growth for FY27 as the bare minimum, with aspiration for higher growth. Q4 is expected to be the best quarter for Prince with January already showing double-digit growth. New capacities at Bihar and Telangana are now operational to support volume growth.
Targeting 10-12% EBITDA margin (excluding bathware losses) for FY27, revised from the earlier 12% guidance. Three levers: decentralization benefits, improved product mix (higher CPVC/vitamin-add products), and operating leverage from higher volumes.
Maintenance and replacement capex for pipes segment targeted at Rs 70-75 crore for FY27, plus additional spend on new product development within piping. Bathware capex of Rs 45 crore (acquisition ~Rs 40 crore + debottlenecking Rs 5 crore) in addition.
Break-even target pushed by one quarter from Q2 to Q3 FY27 (previously guided Q2 FY27). Requires ~Rs 25-30 crore quarterly revenue (total ~Rs 80-100 crore annually). Team expanded pan-India with south and east expansion costs now incurred.