GENERAL3 Sept 2026
Plastic pipes makers poised to bounce back in Q2 as PVC prices recover | Stock Market News
Plastic pipe makers are set for a Q2 FY27 recovery after a rough June quarter. Reinstated import duties and minimum import prices are limiting cheap imports. Dealers have begun restocking, helped by rising PVC prices. Domestic PVC resin hit ₹94 per kg from 1 September. Companies like Astral, Supreme Industries, and Prince Pipes expect double-digit volume growth this year.
Key Statutory Highlights
- Listed pipe makers saw volumes drop about 16% year-on-year in Q1FY27 due to destocking and cheap Chinese PVC resin.
- Domestic PVC resin prices rose to ₹94 per kg from 1 September, while import duties now curb cheap imports.
- Astral, Supreme Industries, and Prince Pipes all guided for double-digit volume growth this year, with margins ranging from 11% to 18%.
Actionable Advice for Taxpayers / Founders:If your business uses PVC pipes, review your stock levels now, as dealer restocking and costlier imports may push prices up in coming months.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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