Malpani Pipes

  • Market Cap: Micro Cap
  • Industry: Plastic Products - Industrial
  • ISIN: INE0YON01014
  • NSEID:
  • BSEID: 544351
INR
58.99
-0.01 (-0.02%)
BSENSE

Sep 02, 09:46 AM

BSE+NSE Vol: 8000

  • 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

8.0 k

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?

02-Sep-2026

As of 01-Sep, the stock price of Malpani Pipes & Fittings Ltd is at 59.00, showing a downward trend with a 17.08% year-to-date decline and a 24.36% drop over the past year, underperforming compared to the Sensex. Investor participation has decreased significantly, indicating reduced interest and contributing to the stock's bearish outlook.

As of 01-Sep, the stock price of Malpani Pipes & Fittings Ltd is currently at 59.00, with no change from the previous day. The stock has shown a downward trend over various periods, with a decline of 1.67% over the past week and a significant drop of 8.10% over the past month. Year-to-date, the stock has decreased by 17.08%, and over the past year, it has fallen by 24.36%. <BR><BR>In comparison to the benchmark Sensex, which has only declined by 0.92% over the past week and 1.47% over the past month, Malpani Pipes & Fittings Ltd is underperforming. The stock is also trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 77.27% against the 5-day average, suggesting reduced interest from investors. Although the stock outperformed its sector by 0.65% today, the erratic trading pattern, where it did not trade on 2 out of the last 20 days, further contributes to the perception of instability. Overall, these factors indicate that Malpani Pipes & Fittings Ltd is experiencing a decline in stock price.

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What does Malpani Pipes do?

01-Sep-2026

Malpani Pipes & Fittings Ltd manufactures plastic pipes and fittings and operates in the micro-cap segment of the industry. As of September 2025, it reported net sales of 70 Cr and a net profit of 4 Cr, with a market cap of 64 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 industry.<BR><BR>History:<BR>The company was incorporated as "Malpani Pipes And Fittings Private Limited" on February 3, 2017, and later converted to a Public Limited Company, receiving a fresh Certificate of Incorporation on July 29, 2024. The latest reported financial results are for the quarter 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 64 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 7.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.39<BR>- Return on Equity: 16.21%<BR>- Price to Book: 1.14<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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Who are the peers of the Malpani Pipes?

01-Sep-2026

Malpani Pipes' peers include G M Polyplast, Guj. Toolroom, Dutron Polymers, Axel Polymers, Swashthik Plastics, Sri KPR Industries, and Jyoti Global. Malpani Pipes has good management risk and excellent growth, with a 1-year return of -25.32%, better than Guj. Toolroom's -52.58% but worse than Narmada Macplast's 18.59%.

Peers: The peers of Malpani Pipes are G M Polyplast, Guj. Toolroom, Dutron Polymers, Axel Polymers, Swashthik Plas., Sri KPR Inds., and Jyoti Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at G M Polyplast, Dutron Polymers, and Jyoti Global, while Good management risk is found at Malpani Pipes. Average management risk is present at Guj. Toolroom and the rest. Below Average management risk is noted at Axel Polymers, Swashthik Plas., and Sri KPR Inds. Growth is Excellent at Malpani Pipes and Swashthik Plas., while Good growth is seen at Sri KPR Inds. Below Average growth is reported at G M Polyplast, Guj. Toolroom, Dutron Polymers, Axel Polymers, Jyoti Global, and the rest. Capital Structure is Excellent at G M Polyplast, Good at Guj. Toolroom and Dutron Polymers, Average at Malpani Pipes and Jyoti Global, and Below Average at Axel Polymers, Swashthik Plas., and Sri KPR Inds.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Narmada Macplast at 18.59%, while the peer with the lowest 1-year return is Guj. Toolroom at -52.58%. Malpani Pipes has a 1-year return of -25.32%, which is better than Guj. Toolroom but worse than Narmada Macplast. Additionally, several peers, including G M Polyplast, Guj. Toolroom, Dutron Polymers, Swashthik Plas., Sri KPR Inds., and Jyoti Global, have negative six-month returns.

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How big is Malpani Pipes?

01-Sep-2026

As of 31st August, Malpani Pipes & Fittings Ltd has a market capitalization of 64.00 Cr, with recent net sales of 210.52 Cr and a net profit of 11.95 Cr. The company's shareholder's funds are 46.65 Cr, and total assets amount to 112.06 Cr.

As of 31st August, Malpani Pipes & Fittings Ltd has a market capitalization of 64.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Malpani Pipes reported Net Sales of 210.52 Cr and a Net Profit of 11.95 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 46.65 Cr and Total Assets of 112.06 Cr.

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Which are the latest news on Malpani Pipes?

01-Sep-2026
No latest news for Malpani Pipes found.

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.

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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.

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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.

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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.

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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

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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Plastic Products - Industrial

stock-summary
Market cap

INR 64 Cr (Micro Cap)

stock-summary
P/E

7.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.39

stock-summary
Return on Equity

16.21%

stock-summary
Price to Book

1.14

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
-13.5%
0%
-13.5%
6 Months
-14.49%
0%
-14.49%
1 Year
-25.27%
0%
-25.27%
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
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

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
7
Industry P/E
34
Price to Book Value
1.14
EV to EBIT
5.76
EV to EBITDA
5.19
EV to Capital Employed
1.10
EV to Sales
0.52
PEG Ratio
0.59
Dividend Yield
NA
ROCE (Latest)
19.13%
ROE (Latest)
16.21%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bearish
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
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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
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No Company Details Available