Mukat Pipes

Who are in the management team of Mukat Pipes?

As of March 2023, the management team of Mukat Pipes includes Rupinder Singh Ahluwalia (Chairman & Executive Director), Sandeep Kaur Ahluwalia (Whole-time Director), Mandeep Ahluwalia Pahwa (Director), and four Independent Directors: Kamal Jain, Amrik Singh Grewal, and Atul Rajkumar Bali, along with Jaspinder Singh Saluja as Company Secretary & Compliance Officer.

As of March 2023, the management team of Mukat Pipes includes the following individuals:<BR><BR>1. Rupinder Singh Ahluwalia - Chairman & Executive Director<BR>2. Sandeep Kaur Ahluwalia - Whole-time Director<BR>3. Mandeep Ahluwalia Pahwa - Director<BR>4. Kamal Jain - Independent Director<BR>5. Amrik Singh Grewal - Independent Director<BR>6. Jaspinder Singh Saluja - Company Secretary & Compliance Officer<BR>7. Atul Rajkumar Bali - Independent Director<BR><BR>These individuals hold various positions within the company, contributing to its governance and operational management.

Has Mukat Pipes declared dividend?

No Dividend History Available

Who are the peers of the Mukat Pipes?

Mukat Pipes' peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Umiya Tubes, Sh. Steel Wire, Monind, and Eastcoast Steel. APL Apollo Tubes stands out with excellent management, growth, and capital structure, while Welspun Corp leads in 1-year returns at 68.56%, compared to Mukat Pipes' 31.21%.

Peers: The peers of Mukat Pipes are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Umiya Tubes, Sh. Steel Wire, Monind, and Eastcoast Steel.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and the rest have either Average, Below Average, or do not qualify. Excellent growth is noted at APL Apollo Tubes and Jindal Saw, while Average growth is found at Shyam Metalics and Ratnamani Metals, and the rest have Below Average or do not qualify. Excellent capital structure is present at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is at Welspun Corp and Sh. Steel Wire, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.56%, while Jindal Saw has the lowest at -22.99%. Mukat Pipes has a 1-year return of 31.21%, which is significantly higher than Jindal Saw but lower than Welspun Corp. Additionally, Umiya Tubes, Jindal Saw, Ratnamani Metals, Eastcoast Steel, and Sh. Steel Wire all have negative six-month returns.

Is Mukat Pipes overvalued or undervalued?

As of April 25, 2023, Mukat Pipes is considered risky and overvalued, with poor financial metrics such as a PE ratio of -18.93 and a year-to-date return of -19.85%, significantly underperforming compared to its peers and the Sensex.

As of 25 April 2023, the valuation grade for Mukat Pipes has moved from does not qualify to risky, indicating a significant change in the company's risk profile. Based on the analysis, Mukat Pipes appears to be overvalued. The company has a PE ratio of -18.93, an EV to EBITDA ratio of -21.22, and an EV to Sales ratio of 5.51, all suggesting that the company's financial metrics are underperforming compared to expectations.<BR><BR>In comparison to its peers, Mukat Pipes has a notably negative PEG ratio of 0.00, which is indicative of a lack of growth prospects relative to its price. For instance, while Mukat Pipes has a PE ratio of -18.93, other companies in the industry may have more favorable valuations. Additionally, the stock's performance has been lackluster, with a year-to-date return of -19.85% compared to a 5.58% return for the Sensex, further reinforcing the notion that the stock is currently overvalued.

What is the technical trend for Mukat Pipes?

As of May 30, 2025, Mukat Pipes is in a bearish trend with moderate strength, indicated by a bearish MACD, moving averages, and a 20.29% year-to-date decline.

As of 30 May 2025, the technical trend for Mukat Pipes has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe and a bearish signal from the daily moving averages. The Bollinger Bands and KST also indicate a mildly bearish trend on both weekly and monthly timeframes. Additionally, there is no clear trend indicated by Dow Theory on either timeframe. The stock's recent performance shows a significant decline of 20.29% year-to-date, further supporting the bearish outlook.

What does Mukat Pipes do?

Mukat Pipes Ltd is a manufacturer of Submerged Arc Welded (SAW) pipes, established in 1987, with a market cap of INR 19 Cr and reported net sales of 9 Cr and a net loss of 2 Cr for March 2025. The company operates in the Iron & Steel Products industry and is categorized as a Micro Cap.

Overview:<BR>Mukat Pipes Ltd is a manufacturer of Submerged Arc Welded (SAW) pipes operating in the Iron & Steel Products industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Incorporated in 1987, Mukat Pipes Ltd was established in Rajpura by B S Ahuwalia and his two sons. The company has been producing large diameter SAW pipes and reported its latest quarterly results for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 19 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.34<BR>- Return on Equity: 2.35%<BR>- Price to Book: -2.74<BR><BR>Contact Details:<BR>Address: Flat No 39 Parag Apartments, 7th Floor J P Road Versova And Mumbai Maharashtra : 400061 <BR>Tel: 91-22-26364013 <BR>Email: mukatpipes@gmail.com <BR>Website: http://www.mukatpipes.com

Who are the top shareholders of the Mukat Pipes?

The top shareholder of Mukat Pipes is Sandeepkaur Ahluwalia, holding 73.61% of the shares, with no pledged promoter holdings. Individual investors own 24.24%, while the highest public shareholder is Mukesh Makandas Mehta at 1.07%.

The top shareholders of Mukat Pipes are primarily the promoters, with Sandeepkaur Ahluwalia holding the largest share at 73.61%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Mukesh Makandas Mehta, who holds 1.07%. Additionally, individual investors collectively hold 24.24% of the shares.

How big is Mukat Pipes?

As of 24th July, Mukat Pipes Ltd has a market capitalization of 18.00 Cr and reported Net Sales of 3.85 Cr with a Net Profit loss of 0.16 Cr over the latest four quarters. Shareholder's Funds were at a loss of 6.84 Cr, with Total Assets valued at 5.20 Cr.

As of 24th July, Mukat Pipes Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mukat Pipes reported Net Sales of 3.85 Cr. However, the company experienced a loss of 0.16 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds stood at a loss of 6.84 Cr, while Total Assets were valued at 5.20 Cr.

Why is Mukat Pipes falling/rising?

As of N/A, Mukat Pipes Ltd's stock price is 15.81, reflecting a decline of 1.19%. The stock has underperformed significantly in the short term compared to the market, with a year-to-date decline of 22.69% versus the Sensex's positive return of 6.81%.

As of N/A, Mukat Pipes Ltd is experiencing a decline in its stock price, currently at 15.81, which reflects a decrease of 0.19 or 1.19%. The stock has shown a negative trend over the past week, with a return of -5.89%, and a year-to-date decline of 22.69%. In contrast, the stock has performed positively over a longer period, with a significant increase of 1926.92% over the past five years. However, the lack of available data on today's price summary and the positive/negative factors makes it difficult to pinpoint specific reasons for the current price movement.<BR><BR>In the broader market context, Mukat Pipes' short-term performance has been notably worse than the benchmark, as the Sensex has only declined by 1.38% over the past week. This stark contrast indicates that while the overall market has faced some downturn, Mukat Pipes has struggled significantly more, suggesting company-specific issues may be at play. The stock's year-to-date performance further emphasizes this disparity, as it has underperformed compared to the Sensex's positive return of 6.81%.

How has been the historical performance of Mukat Pipes?

Mukat Pipes has experienced significant financial fluctuations, with net sales declining from 7.97 Cr in Mar'19 to 3.85 Cr in Mar'25, and operating profit turning negative in Mar'25. Key metrics such as total assets and cash flow also decreased, indicating a challenging financial trajectory.

Answer:<BR>The historical performance of Mukat Pipes shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Mukat Pipes' net sales have varied considerably, with a peak of 7.97 Cr in Mar'19, followed by a decline to 3.85 Cr in Mar'25. The total operating income mirrored this trend, reaching 6.30 Cr in Mar'24 before dropping to 3.85 Cr in Mar'25. Raw material costs also fluctuated, peaking at 5.88 Cr in Mar'19 and decreasing to 1.59 Cr by Mar'25. The company's total expenditure, excluding depreciation, was highest at 8.52 Cr in Mar'19 and fell to 4.22 Cr in Mar'25. Operating profit (PBDIT) showed a negative trend, with a loss of 0.37 Cr in Mar'25 compared to a profit of 0.57 Cr in Mar'24. Profit before tax followed a similar pattern, with a loss of 0.16 Cr in Mar'25 after a profit of 0.30 Cr in the previous year. The earnings per share (EPS) reflected this decline, dropping to -0.14 in Mar'25 from 0.25 in Mar'24. The company's total assets decreased from 5.20 Cr in Mar'24 to 4.07 Cr in Mar'25, while total liabilities remained relatively stable around 3.53 Cr. Cash flow from operating activities was non-existent in Mar'25, contrasting with a cash inflow of 1.00 Cr in Mar'24. Overall, Mukat Pipes has experienced a challenging financial trajectory, particularly in the last year.

When is the next results date for Mukat Pipes Ltd?

The next results date for Mukat Pipes Ltd is 12 May 2026.

The next results date for Mukat Pipes Ltd is scheduled for 12 May 2026.

Are Mukat Pipes Ltd latest results good or bad?

Mukat Pipes Ltd's latest Q4 FY26 results show a significant profit increase and revenue growth, but the company faces serious concerns with negative book value and ongoing operational challenges, indicating that the improvements may not be sustainable.

Mukat Pipes Ltd's latest results for Q4 FY26 present a mixed picture. On one hand, the company reported a net profit of ₹0.30 crores, which is a significant improvement of 173.33% compared to the previous quarter. Additionally, revenue surged to ₹2.33 crores, reflecting a year-on-year increase of 147.87%. The operating margin also improved to 7.73%, a notable turnaround from the previous year's negative margin.<BR><BR>However, despite these positive indicators, the overall financial health of the company raises serious concerns. Mukat Pipes has a negative book value of ₹-5.91 per share, indicating that the company has accumulated substantial losses over time, leading to negative shareholder equity of ₹7.00 crores. The volatility in revenue, with sales fluctuating dramatically over recent quarters, highlights ongoing operational challenges. Furthermore, the absence of institutional investor participation suggests a lack of confidence in the company's long-term prospects.<BR><BR>In summary, while the latest quarterly results show some positive trends, they do not outweigh the significant structural issues and historical losses that Mukat Pipes faces. Therefore, the results can be viewed as a temporary improvement rather than a sign of sustainable recovery.

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