Press Release

PPFL/SE/2026-2027/44 November 03, 2026 BSE Limited National Stock Exchange of India Limited 25th Floor, P.J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 542907 Scrip Symbol: PRINCEPIPE Dear Sir/Madam, Sub: Press Release Q2 & H1 FY27 Please find enclosed the Press Release with respect to the Unaudited Financial Results of the Company for the quarter and six months ended September 30, 2026. Kindly take the same on record. Thanking You. Yours faithfully, For Prince Pipes and Fittings Limited Jyoti Sancheti Company Secretary and Compliance Officer FCS: 9639 Enclosures: As above. Corp. Off.: The Ruby, 8th Floor; 29, Senapati Bapat Marg (Tulsi Pipe Road), Dadar (W), Mumbai - 400 028; Maharashtra, India. T: 022-6602 2222 F: 022-6602 2220 E: info@princepipes.com W: www.princepipes.com Regd. Off.: Survey No. 132/1/1/3, Athal road, Village Athal, Naroli, Silvassa, Dadra Nagar Haveli, India – 396235. CIN: L26932DN1987PLC005837 Printed on 100% Recycled Paper ♻ PRINCE PIPES AND FITTINGS LTD Press Release Prince Pipes and Fittings Ltd. reports strong Q2 & H1 FY27 performance Q2 Volume growth at 22% YoY, EBITDA margins at 12.2% H1 Volume growth at 7% YoY, EBITDA margins at 12.4% Mumbai, Maharashtra, 03rd November 2026: Prince Pipes and Fittings Ltd., one of India’s largest integrated piping solutions providers with 9 strategically located manufacturing units across the country, today announced its financial results for the quarter and half year ended September 30, 2026. Q2 FY27 Financial Performance Snapshot Finished Goods Revenue from EBITDA Profit After Tax Volume (in MT) Operations 52,080 INR 821 crores INR 100 crores INR 48 crores H1 FY27 Financial Performance Snapshot Finished Goods Revenue from EBITDA Profit After Tax Volume (in MT) Operations 92,809 INR 1,430 crores INR 177 crores INR 82 crores Key Financial Highlights: Particulars (INR Cr) Q2 FY27 Q2 FY26 YoY Q1 FY27 QoQ H1 FY27 H1 FY26 YoY Finished Goods Volume (in MT) 52,080 42,761 22% 40,729 28% 92,809 86,496 7% Revenues 821 595 38% 609 35% 1,430 1,175 22% EBITDA 100 55 82% 77 30% 177 95 86% EBITDA Margins (%) 12% 9% 13% 12% 8% Profit after Tax 48 15 220% 34 41% 82 20 310% PAT Margins (%) 6% 2% 6% 6% 2% Q2 & H1 FY27 Performance & Operational Highlights: • Volumes for the quarter 52,080 MT; a growth of 22% YoY whereas H1 FY27 volume growth at 7% YoY • Revenue for the quarter stood at INR 821 Cr; grew by 38% YoY. H1 FY27 Revenue stood at INR 1,430 Cr growth at 22% YoY • EBITDA for Q2 FY27 stood at INR 100 Cr; a strong growth of 82% YoY. H1 FY27 EBITDA stood at INR 177 Cr growth at 86% YoY • PAT stood at INR 48 Cr; a robust growth of 220% YoY during the quarter. H1 FY27 PAT stood at INR 82 Cr growth at 310% YoY PRINCE PIPES AND FITTINGS LTD Press Release Commenting on the Results Mr. Parag Chheda, Joint Managing Director of Prince Pipes and Fittings Ltd. said, - “The operating environment during the quarter showed encouraging signs of stabilization following the volatility in PVC prices, supported by the government’s implementation of Minimum Import Price (MIP) on suspension-grade PVC. The long-term fundamentals of the pipes and fittings industry remains strong, driven by sustained investments in infrastructure, housing and urban development. During the quarter, we delivered strong growth, with volumes increasing by 22% YoY to 52,080 MT and revenue growing by 38% YoY. We continue to strengthen our portfolio through new product offerings, an increasing contribution from premium products and deeper market penetration. Our brand-building initiatives and efforts to expand our distribution reach remain central to strengthening our competitive position across markets. Looking ahead, our focus remains on driving sustainable growth through volume expansion, a stronger product mix and increased penetration of value-added products. We remain confident in our ability to leverage our brand strength, distribution network and evolving product portfolio to capitalize on the long-term growth opportunities in the Indian pipes and fittings industry.” About Prince Pipes and Fittings Ltd. Prince Pipes and Fittings Limited (PPFL) (NSE: PRINCEPIPE I BSE: 542907) is one of India’s largest integrated piping solutions providers, based in Mumbai, Maharashtra. Incorporated in 1987, Prince is one of the fastest- growing companies in the Indian pipes and fittings industry. Over 4 decades, the company has been engaged in the manufacturing of polymer piping solutions in four types of polymers - CPVC, UPVC, HDPE, and PPR. In March 2024, Prince Pipes acquired the iconic bathware brand Aquel. Subsequently, the Company launched the bathware brand Aquel by Prince - Elegant-Indulgent-Stylish - a top-of-line range of faucets and sanitaryware transforming the bath space. With a network of more than 1,500 distributors, PPFL is steadily increasing its pan-India distributor base to ensure stronger customer proximity to respond faster to their needs. Prince Pipes and Fittings Limited has 9 state-of-the-art manufacturing units located across the country at Haridwar (Uttarakhand), Athal (Dadra and Nagar Haveli), Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra), Chennai (Tamil Nadu), Jobner (Rajasthan), Sangareddy (Telangana), Begusarai (Bihar) and Bathware unit – Bhuj (Gujarat). For more information: visit www.princepipes.com, www.aquelbathware.com or follow us on Twitter @Prince_Pipes For further Queries please contact: Company: Prince Pipes and Fittings Ltd. Investor Relations: MUFG Intime India Pvt Ltd. Mr. Anand Gupta - Chief Financial Officer Mr. Sumeet Khaitan/ Mr. Omkar Bagwe email-id: sumeet.khaitan@in.mpms.mufg.com / email-id: investor@princepipes.com omkar.bagwe@in.mpms.mufg.com www.princepipes.com www.in.mpms.mufg.com PRINCE PIPES AND FITTINGS LTD Press Release Safe Harbor Certain statements in this communication may be ‘forward-looking statements within the meaning of applicable laws and regulations. These forward-looking statements involve several risks, uncertainties, and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in the political and economic environment in India and overseas, tax laws, import duties, litigation, and labour relations. Prince Pipes and Fittings Ltd (PRINCEPIPE) will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.