Malpani Pipes And Fittings Limited

Malpani Pipes And Fittings Limited

BBSE:MALPANI
60.00
INR
-2.93
(-4.66%)
614.32MMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
32.3
76.4
130.76
168.35
149.58
- -
Basic EPS, GAAP
0.83
1.93
6.83
9.68
8.38
- -
Free Cash Flow per Basic Share
-3.95
-6.43
-11.23
-24.24
9.91
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
3.49
5.41
13.78
43.29
51.67
51.67
Tangible Book Value per Share
3.49
5.41
13.78
43.29
51.67
51.67
Basic Weighted Avg Shares
11
11
11
8
11
11
Sales/Revenue/Turnover
348
823
1,409
1,404
1,612
- -
Operating Margin (%)
4.8
4.95
9.01
9.6
9.7
- -
Depreciation Expense
2
4
8
13
16
- -
Net Income, GAAP
9
21
74
81
90
- -
Effective Tax Rate (%)
24.93
24.85
26.56
25.85
25.78
- -
Profit Margin (%)
2.56
2.53
5.23
5.75
5.6
- -
Working Capital
21
53
108
366
428
428
LT Debt
67
88
113
106
95
95
Total Equity
38
58
148
467
557
557
Return on Invested Capital (%)
- -
15.52
25.06
15.96
14.91
- -
Return on Capital (%)
- -
15.7
25.84
16.97
14.68
- -
Return on Common Equity (%)
- -
43.35
71.22
26.24
17.65
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
192
189
127
LT Borrowings
106
109
95
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
680
791
614

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
909
909
986
Cash, Cash Equivalents & STI
3
22
2
Accounts Receivable, Net
499
382
444
Inventories
362
429
467
Total Current Liabilities
543
475
558
Payables & Accruals
- -
- -
- -
ST Debt
192
189
127
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
19.35%
Free Cash Flow
- -
- -
-152.84%
Net Income, GAAP
- -
- -
11.89%
Sales/Revenue/Turnover
- -
- -
14.84%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,409
2025
- -
- -
1,404
2026
- -
- -
1,612

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.83
2025
- -
- -
9.68
2026
- -
- -
8.38

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Rohit Malpani
Full Time Employees
87
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Ratlam India
IPO Date
Feb 4, 2025
Business
Malpani Pipes And Fittings Limited is an India-based manufacturer and distributor of polymer piping systems, fluid transmission solutions, and related accessories. The company designs, extrudes, molds, and commercializes a broad spectrum of plastic piping solutions engineered for water management, agricultural irrigation, residential and commercial plumbing, sewerage, telecommunications, and industrial infrastructure applications. Its core product portfolio encompasses unplasticized polyvinyl chloride (uPVC) pressure pipes and fittings for potable water supply, plumbing, and soil, waste, and rainwater (SWR) systems; chlorinated polyvinyl chloride (cPVC) pipes and fittings designed for high-temperature and high-pressure hot and cold water distribution; high-density polyethylene (HDPE) pipes, ducts, and coils utilized in micro-irrigation, municipal potable water grids, industrial fluid conveyance, and telecommunication cable conduit networks; polypropylene random copolymer (PPR) pipes for specialized chemical and hot-fluid transport; uPVC column pipes, casing pipes, and ribbed screen pipes for borewell and groundwater extraction; underground drainage and sewerage systems; and allied installation consumables, including solvent cement, rubber gaskets, pipe clamps, and polymer valves. The company markets its products across domestic markets through an extensive distribution network of regional stockists, authorized dealers, and institutional partners, catering to agriculturalists, civil engineering contractors, government utility authorities, real estate developers, and industrial clients. Headquartered in India, the company maintains modern manufacturing facilities equipped with high-speed extrusion lines, injection molding units, and computerized quality-testing laboratories. In recent corporate developments, Malpani Pipes And Fittings Limited has executed strategic capacity expansion programs across its manufacturing facilities to support growing volume requirements driven by national water and infrastructure initiatives. The company has also expanded its product lineup with eco-friendly, lead-free uPVC and cPVC formulations, deepened its market penetration through expanded distributor alliances across tier-2 and tier-3 regions, and implemented digital inventory and supply chain optimization systems to improve operational efficiency and fulfill large-scale institutional supply agreements.