Malpani Pipes

  • Market Cap: Micro Cap
  • Industry: Plastic Products - Industrial
  • ISIN: INE0YON01014
  • NSEID:
  • BSEID: 544351
INR
66.13
-3.82 (-5.46%)
BSENSE

Jul 17, 03:30 PM

BSE+NSE Vol: 33600

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

33.6 k (250.00%) Volume

Shareholding (Mar 2026)

FII

4.41%

Held by 8 FIIs

DII

0.07%

Held by 0 DIIs

Promoter

73.78%

Why is Malpani Pipes & Fittings Ltd falling/rising?

19-Jul-2026

As of 18-Jul, Malpani Pipes & Fittings Ltd's stock price has declined to 66.13, reflecting a significant drop in investor confidence and high volatility. Despite a recent short-term gain, the overall trend remains negative with a year-to-date decline of 7.06%.

As of 18-Jul, Malpani Pipes & Fittings Ltd is experiencing a decline in its stock price, currently at 66.13, which reflects a change of -3.82 (-5.46%). The stock has underperformed its sector by 5.72% today, indicating a significant drop in investor confidence. Although the stock opened with a gain of 2.2% and reached an intraday high of Rs 71.5, it also hit a low of Rs 63.2, showcasing high volatility with an intraday fluctuation of 6.16%. <BR><BR>In terms of recent performance, the stock has shown a mixed trend over different periods. While it gained 11.35% over the past month, it has a year-to-date decline of 7.06% and a one-year decline of 7.79%. This suggests that despite some short-term gains, the overall trend has been negative. Additionally, the stock has not traded on three days out of the last 20, which may contribute to its erratic trading pattern. <BR><BR>The weighted average price indicates that more volume was traded closer to the low price, further emphasizing the downward pressure on the stock. Although there has been a notable increase in delivery volume, rising by 200% against the 5-day average, this alone has not been sufficient to counteract the negative price movement. Overall, the combination of high volatility, recent underperformance compared to the sector, and the significant drop in price today are key factors contributing to the decline of Malpani Pipes & Fittings Ltd's stock.

View full answer

Which are the latest news on Malpani Pipes?

18-Jul-2026

What does Malpani Pipes do?

11-Jun-2026

Malpani Pipes & Fittings Ltd manufactures plastic pipes and fittings and operates in the micro-cap segment of the Plastic Products - Industrial industry. As of September 2025, it reported net sales of 70 Cr and a net profit of 4 Cr, with a market cap of INR 73 Cr.

Overview: <BR>Malpani Pipes & Fittings Ltd is engaged in the manufacturing of plastic products, specifically pipes and fittings, and operates within the micro-cap segment of the Plastic Products - Industrial industry.<BR><BR>History: <BR>Malpani Pipes And Fittings Limited was incorporated in 2017 as a private limited company and later converted to a public limited company in 2024. The most recent quarterly results reported net sales and net profit for the period ending September 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 70 Cr (Quarterly Results - Sep 2025) <BR>Net Profit: 4 Cr (Quarterly Results - Sep 2025) <BR>Market Cap: INR 73 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.39 <BR>Return on Equity: 16.21% <BR>Price to Book: 1.20 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

View full answer

How big is Malpani Pipes?

11-Jun-2026

As of 10th June, Malpani Pipes & Fittings Ltd has a market capitalization of 73.00 Cr and reported net sales of 210.52 Cr and net profit of 11.95 Cr over the latest three quarters. Shareholder's funds are 46.65 Cr, with total assets of 112.06 Cr as of March 2025.

As of 10th June, Malpani Pipes & Fittings Ltd has a market capitalization of 73.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarterly performance, the sum of Net Sales for the latest three quarters is 210.52 Cr, while the sum of Net Profit for the same period is 11.95 Cr.<BR><BR>The reporting period for the balance sheet is March 2025, with Shareholder's Funds amounting to 46.65 Cr and Total Assets valued at 112.06 Cr.

View full answer

Who are the peers of the Malpani Pipes?

11-Jun-2026

Malpani Pipes' peers include Guj. Toolroom, Dutron Polymers, Axel Polymers, Sri KPR Inds., Swashthik Plas., Jyoti Global, and Vigor Plast, with varying management risks and growth rates. Malpani Pipes has a 1-year return of -7.97%, better than Guj. Toolroom's -56.00% but worse than Vigor Plast.

Peers: The peers of Malpani Pipes are Guj. Toolroom, Dutron Polymers, Axel Polymers, Sri KPR Inds., Swashthik Plas., Jyoti Global, and Vigor Plast.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vigor Plast and Malpani Pipes, while Good management risk is found at Guj. Toolroom, Dutron Polymers, and Jyoti Global, and the rest have Below Average management risk. Malpani Pipes shows Excellent growth, while Swashthik Plas. also exhibits Excellent growth; the rest show Below Average or Average growth. For Capital Structure, Good is seen at Guj. Toolroom, Dutron Polymers, and Vigor Plast, Average at Malpani Pipes and Jyoti Global, and Below Average at Axel Polymers, Sri KPR Inds., and Swashthik Plas.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Narmada Macplast at 958.31%, while Guj. Toolroom has the lowest at -56.00%, and Malpani Pipes' 1-year return is -7.97%, which is better than Guj. Toolroom but worse than Vigor Plast. Additionally, several peers, including Guj. Toolroom, Dutron Polymers, Axel Polymers, Swashthik Plas., and Sri KPR Inds., have negative six-month returns.

View full answer

When is the next results date for Malpani Pipes & Fittings Ltd?

19-May-2026

The next results date for Malpani Pipes & Fittings Ltd is 28 May 2026.

The next results date for Malpani Pipes & Fittings Ltd is scheduled for 28 May 2026.

View full answer

Is Malpani Pipes overvalued or undervalued?

03-Dec-2025

As of December 2, 2025, Malpani Pipes is considered very attractive due to its undervalued status with a PE ratio of 10.25, an EV to EBITDA ratio of 7.56, a ROCE of 16.98%, and a low PEG ratio of 0.00, significantly outperforming peers like Supreme Industries and Astral.

As of 2 December 2025, the valuation grade for Malpani Pipes has moved from attractive to very attractive. The company is currently undervalued, with a PE ratio of 10.25, an EV to EBITDA ratio of 7.56, and a ROCE of 16.98%. In comparison to its peers, Malpani Pipes stands out as significantly more favorable; for instance, Supreme Industries has a PE ratio of 49.93, while Astral's PE ratio is an astonishing 75.02.<BR><BR>The valuation metrics suggest that Malpani Pipes is positioned well within its industry, particularly given its low PEG ratio of 0.00, indicating that the stock is not only undervalued but also has potential for growth. While the stock has seen a slight increase of 0.84% over the past week compared to a 0.65% rise in the Sensex, its longer-term performance remains to be evaluated against broader market trends.

View full answer

How has been the historical performance of Malpani Pipes?

13-Nov-2025

Malpani Pipes has shown significant growth in net sales and profitability over the past three years, with net sales reaching 140.97 Cr in March 2025, up from 82.45 Cr in March 2023, despite a decline in earnings per share and negative cash flow from operating activities. Total liabilities and assets increased to 112.06 Cr in March 2025, reflecting the company's expanding operations.

Answer:<BR>The historical performance of Malpani Pipes shows significant growth in net sales and profitability over the past three years.<BR><BR>Breakdown:<BR>Malpani Pipes reported net sales of 140.97 Cr in March 2025, a slight increase from 140.96 Cr in March 2024 and a substantial rise from 82.45 Cr in March 2023. The total operating income mirrored this trend, reaching 140.97 Cr in March 2025. The company's total expenditure, excluding depreciation, was 126.39 Cr in March 2025, down from 127.66 Cr in March 2024, while operating profit (PBDIT) rose to 15.36 Cr in March 2025 from 13.50 Cr in the previous year. Profit before tax also increased to 10.88 Cr in March 2025, compared to 10.03 Cr in March 2024, leading to a profit after tax of 8.07 Cr, up from 7.37 Cr. The earnings per share (EPS) decreased to 7.49 in March 2025 from 9.33 in March 2024, while the book value per share adjusted significantly to 43.29 in March 2025 from 18.80 in March 2024. On the balance sheet, total liabilities rose to 112.06 Cr in March 2025 from 61.35 Cr in March 2024, with total assets also increasing to 112.06 Cr. Cash flow from operating activities showed a negative trend, with a cash flow of -13.00 Cr in March 2025, indicating challenges in cash generation despite the overall growth in sales and profits.

View full answer

Who are the top shareholders of the Malpani Pipes?

06-Jun-2025

The top shareholders of Malpani Pipes include promoter Mohit Malpani with 15.42%, 15 Foreign Institutional Investors holding 8.12%, and public shareholder Mnm Stock Broking Private Limited at 1.53%. Individual investors own 14.46%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Malpani Pipes include the promoters, who hold a majority of the shares. The promoter with the highest holding is Mohit Malpani, owning 15.42% of the company. Additionally, there are 15 Foreign Institutional Investors (FIIs) that collectively hold 8.12% of the shares. The highest public shareholder is Mnm Stock Broking Private Limited, which holds 1.53%. Individual investors collectively own 14.46% of the company. There are no pledged promoter holdings and no mutual funds currently invested in the company.

View full answer

Has Malpani Pipes declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

Icon
Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Plastic Products - Industrial

stock-summary
Market cap

INR 75 Cr (Micro Cap)

stock-summary
P/E

8.00

stock-summary
Industry P/E

35

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.39

stock-summary
Return on Equity

16.21%

stock-summary
Price to Book

1.35

Revenue and Profits:
Net Sales:
70 Cr
(Quarterly Results - Sep 2025)
Net Profit:
4 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
7.53%
0%
7.53%
6 Months
-10.11%
0%
-10.11%
1 Year
-7.79%
0%
-7.79%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Malpani Pipes for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

14-Jul-2026 | Source : BSE

Certificate under regulation 74(5) of SEBI (LODR) Regulations 2015 for the quarter ended on June 30 2026

Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On May 28 2026

28-May-2026 | Source : BSE

Outcome of Board meeting held on today i.e. on May 28 2026

Announcement under Regulation 30 (LODR)-Acquisition

28-May-2026 | Source : BSE

Considered and approved an acquisition of 100% equity shares of M/s. Terex Industries Private Limited

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
25.50%
EBIT Growth (5y)
55.14%
EBIT to Interest (avg)
4.04
Debt to EBITDA (avg)
1.81
Net Debt to Equity (avg)
0.39
Sales to Capital Employed (avg)
1.90
Tax Ratio
25.80%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.48%
ROCE (avg)
17.85%
ROE (avg)
16.76%

Valuation key factors

Factor
Value
P/E Ratio
8
Industry P/E
35
Price to Book Value
1.28
EV to EBIT
6.27
EV to EBITDA
5.65
EV to Capital Employed
1.20
EV to Sales
0.57
PEG Ratio
0.66
Dividend Yield
NA
ROCE (Latest)
19.13%
ROE (Latest)
16.21%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 8 FIIs (4.41%)

Promoter with highest holding

Mohit Malpani (15.42%)

Highest Public shareholder

Mintexrx Inc (1.43%)

Individual Investors Holdings

18.84%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is -16.42% vs 44.17% in Jun 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is -20.98% vs 55.38% in Jun 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Jun'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "69.56",
          "val2": "83.23",
          "chgp": "-16.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.92",
          "val2": "8.99",
          "chgp": "-23.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.52",
          "val2": "2.00",
          "chgp": "-24.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.88",
          "val2": "4.91",
          "chgp": "-20.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.95%",
          "val2": "10.80%",
          "chgp": "-0.85%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Mar 2026 is 34.37% vs -16.42% in Sep 2025",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Mar 2026 is 32.73% vs -20.98% in Sep 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "93.47",
          "val2": "69.56",
          "chgp": "34.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.57",
          "val2": "6.92",
          "chgp": "38.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.00",
          "val2": "1.52",
          "chgp": "31.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.15",
          "val2": "3.88",
          "chgp": "32.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.24%",
          "val2": "9.95%",
          "chgp": "0.29%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Jun'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "140.96",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "14.57",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "3.15",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.07",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.34%",
          "val2": "NA%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is 15.65% vs 0.01% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is 11.90% vs 9.50% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "163.03",
          "val2": "140.97",
          "chgp": "15.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "16.49",
          "val2": "14.58",
          "chgp": "13.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.52",
          "val2": "3.16",
          "chgp": "11.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.03",
          "val2": "8.07",
          "chgp": "11.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.11%",
          "val2": "10.34%",
          "chgp": "-0.23%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Standalone) - Sep'25 - QoQstock-summary

Sep'25
Jun'25
Change(%)
Net Sales
69.56
83.23
-16.42%
Operating Profit (PBDIT) excl Other Income
6.92
8.99
-23.03%
Interest
1.52
2.00
-24.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.88
4.91
-20.98%
Operating Profit Margin (Excl OI)
9.95%
10.80%
-0.85%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Sep 2025 is -16.42% vs 44.17% in Jun 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is -20.98% vs 55.38% in Jun 2025

Half Yearly Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Sep'25
Change(%)
Net Sales
93.47
69.56
34.37%
Operating Profit (PBDIT) excl Other Income
9.57
6.92
38.29%
Interest
2.00
1.52
31.58%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.15
3.88
32.73%
Operating Profit Margin (Excl OI)
10.24%
9.95%
0.29%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Mar 2026 is 34.37% vs -16.42% in Sep 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Mar 2026 is 32.73% vs -20.98% in Sep 2025

Nine Monthly Results Snapshot (Standalone) - Jun'25stock-summary

Jun'25
Change(%)
Net Sales
140.96
NA
NA
Operating Profit (PBDIT) excl Other Income
14.57
NA
NA
Interest
3.15
NA
NA
Exceptional Items
0.00
NA
NA
Standalone Net Profit
8.07
NA
NA
Operating Profit Margin (Excl OI)
10.34%
NA%
NA
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Annual Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
163.03
140.97
15.65%
Operating Profit (PBDIT) excl Other Income
16.49
14.58
13.10%
Interest
3.52
3.16
11.39%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.03
8.07
11.90%
Operating Profit Margin (Excl OI)
10.11%
10.34%
-0.23%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 15.65% vs 0.01% in Mar 2025

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2026 is 11.90% vs 9.50% in Mar 2025

stock-summaryCompany CV
About Malpani Pipes & Fittings Ltd stock-summary
stock-summary
Malpani Pipes & Fittings Ltd
Micro Cap
Plastic Products - Industrial
Malpani Pipes And Fittings Limited was incorporated as "Malpani Pipes And Fittings Private Limited" on February 3, 2017 with the Registrar of Companies, Gwalior. Subsequently, Company has converted into a Public Limited Company and a fresh Certificate of Incorporation has been issued on July 29, 2024 by the Registrar of Companies, Gwalior reflecting the change in name as ' Malpani Pipes And Fittings Limited'.
Company Coordinates stock-summary
Icon
No Company Details Available