{"id":142212,"date":"2023-02-17T08:56:40","date_gmt":"2023-02-17T13:56:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142212"},"modified":"2023-02-17T08:56:42","modified_gmt":"2023-02-17T13:56:42","slug":"prince-pipes-fittings-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/prince-pipes-fittings-q3fy23-earnings-story\/","title":{"rendered":"Prince Pipes & Fittings Q3FY23 Earnings Story"},"content":{"rendered":"\n

A manufacturer of multi-polymer products and integrated pipe solutions, Prince Pipes and Fittings Ltd.<\/a> When it was first founded in 1987, it produced PVC goods. CPVC, UPVC, HDPE, and PPR polymer pipe systems are now being manufactured by this company.<\/p>\n\n\n\n

Financial Results:<\/strong><\/h2>\n\n\n\n

Revenues during the third quarter of FY23<\/a> rose by 6% to \u20b9 706 crore from \u20b9 664 crore in Q3FY22. In Q3 FY23, volumes increased significantly by 35% YoY to 43,693 MT from 32,435 MT in Q3FY22.<\/p>\n\n\n\n

In comparison to Q3 FY22’s 111 crore, EBITDA for Q3 FY23 was 69 crore, with a 9.8% margin. PAT for the quarter was $ \u20b9 35 million, compared to \u20b9 67 million in Q3 FY22. 44 days have been added to Net Working Capital Days as of Q3FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"

A manufacturer of multi-polymer products and integrated pipe solutions, Prince Pipes and Fittings Ltd. When it was first founded in 1987, it produced PVC goods. CPVC, UPVC, HDPE, and PPR polymer pipe systems are now being manufactured by this company. Financial Results: Revenues during the third quarter of FY23 rose by 6% to \u20b9 706 […]<\/p>\n","protected":false},"author":1885,"featured_media":142213,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12,6352],"tags":[9799],"class_list":["post-142212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-other-industries","category-research-summary","tag-pipes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148066,"url":"https:\/\/alphastreet.com\/india\/prince-pipes-and-fittngs-ltd-q4fy23-results-out-revenue-drops-by-over-15\/","url_meta":{"origin":142212,"position":0},"title":"Prince Pipes and Fittings Ltd Q4FY23 results out, revenue drops by over 15%","author":"Chirag Gupta","date":"June 2, 2023","format":false,"excerpt":"Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. It was established in 1987 and initially manufactured PVC products. It is currently engaged in the manufacturing of polymer piping solutions in four types of polymers CPVC, UPVC, HDPE, PPR.\u00a0 Prince Pipes and Fittings Ltd reported\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":141845,"url":"https:\/\/alphastreet.com\/india\/bharat-heavy-electricals-ltd-nse-bhel-ltd-q3-fy23-results-out-total-income-rise-2-yoy\/","url_meta":{"origin":142212,"position":1},"title":"Bharat Heavy Electricals Ltd (NSE: BHEL) Ltd. : Q3 FY23 Results Out; Total Income rise 2% YoY","author":"Divyansh_Kasana","date":"February 15, 2023","format":false,"excerpt":"Bharat Heavy Electricals Ltd (NSE: BHEL) is a public sector company in India, primarily engaged in the design, engineering, manufacturing, construction, testing, commissioning, and servicing of a wide range of products, systems, and services for the power, transmission, transportation, renewable energy, oil & gas, and defence sectors. The company is\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140951,"url":"https:\/\/alphastreet.com\/india\/bharat-heavy-electricals-ltd-nse-bhel-q3-fy23-results-out-total-income-rises-2-yoy\/","url_meta":{"origin":142212,"position":2},"title":"Bharat Heavy Electricals Ltd. (NSE: BHEL): Q3 FY23 Results Out; Total Income Rises 2% YoY","author":"Divyansh_Kasana","date":"February 10, 2023","format":false,"excerpt":"Bharat Heavy Electricals Limited (NSE: BHEL) is an Indian multinational power generation and electrical equipment manufacturing company based in New Delhi, India. It was established in 1964 and is owned by the Indian government. BHEL is India's largest engineering and manufacturing company of its kind, and it provides products and\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/b10169f0-9213-4753-8bd8-bde6a73fa971.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/b10169f0-9213-4753-8bd8-bde6a73fa971.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/b10169f0-9213-4753-8bd8-bde6a73fa971.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/b10169f0-9213-4753-8bd8-bde6a73fa971.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/b10169f0-9213-4753-8bd8-bde6a73fa971.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/b10169f0-9213-4753-8bd8-bde6a73fa971.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142407,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-fortis-healthcare-limited-for-q3-fy23\/","url_meta":{"origin":142212,"position":3},"title":"Earnings Summary Of Fortis Healthcare Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 21, 2023","format":false,"excerpt":"Fortis Healthcare Limited (NSE: FORTIS) is one of India's leading healthcare providers, offering a range of medical services across its network of hospitals and clinics. The company has a strong presence in India and internationally, with a focus on high-quality healthcare services that are affordable and accessible to all. In\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147036,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-finolex-industries-limited-for-q4-fy23\/","url_meta":{"origin":142212,"position":4},"title":"Earnings Summary Of Finolex Industries Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 22, 2023","format":false,"excerpt":"Finolex Industries Limited is a prominent player in the Indian plastic pipes and fittings industry. With a legacy spanning over three decades, the company has established itself as a trusted brand known for its high-quality products and innovative solutions. Finolex Industries is part of the Finolex Group, which is a\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-9.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-9.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-9.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-9.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-9.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-9.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142060,"url":"https:\/\/alphastreet.com\/india\/orient-electric-limited-q3fy23-earnings-story\/","url_meta":{"origin":142212,"position":5},"title":"Orient Electric Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 16, 2023","format":false,"excerpt":"Orient Electric has earned its mark as one of India\u2019s leading consumer electrical brands. The company offers a diverse range of lighting, fans, home appliances, and switch-gears. The company is committed to producing cutting-edge lifestyle electrical items that satisfy the demands and expectations of contemporary consumers. It takes pride in\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142212"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/142213"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}