Mukat Pipes Limited

Mukat Pipes Limited

BBSE:MUKATPIP
13.61
INR
-1.33
(-8.90%)
-0.05EPS
183.37MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.61
7.38
4.87
4.46
4.61
6.74
3.78
5.2
5.17
2.8
5.32
3.26
4.47
5.04
Basic EPS, GAAP
-1.83
-2.36
0.09
-0.18
-0.59
-0.29
-0.04
-0.08
-0.1
-0.11
0.25
-0.14
0.05
-0.05
Free Cash Flow per Basic Share
0.69
-0.04
0.73
0.01
-0.15
0.16
-0.02
0.21
0.13
0.05
1.1
-0.27
0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-6.79
-9.18
-4.45
-4.76
-5.35
-5.65
-5.69
-5.77
-5.86
-6.09
-5.78
-5.91
-5.77
- -
Tangible Book Value per Share
-6.79
-9.18
-4.45
-4.76
-5.35
-5.65
-5.69
-5.77
-5.86
-6.09
-5.78
-5.91
-5.77
- -
Basic Weighted Avg Shares
8
8
12
12
12
12
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
44
58
58
53
55
80
45
62
61
33
63
39
53
59
Operating Margin (%)
-18.43
-27.58
1.59
-9.17
-19.17
-8.59
-4.63
-6.17
-6.55
-10.64
3.9
-12.98
-8.35
-9.36
Depreciation Expense
10
1
1
1
1
1
1
1
1
1
1
1
1
1
Net Income, GAAP
-14
-18
1
-2
-7
-3
- -
-1
-1
-1
3
-2
1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-32.62
-32
1.79
-4.02
-12.87
-4.35
-1.08
-1.53
-1.88
-3.78
4.72
-4.16
1.01
-1.06
Working Capital
-14
-34
-41
- -
-5
-6
-4
-1
-3
-2
5
4
3
- -
LT Debt
60
59
31
33
34
34
35
36
36
36
36
35
35
- -
Total Equity
-53
-72
-53
-56
-63
-67
-67
-68
-69
-72
-68
-70
-68
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-7.63
- -
- -
- -
- -
- -
- -
- -
-12.79
- -
-5.68
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
35
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
157
160
183

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
29
- -
Cash, Cash Equivalents & STI
- -
24
- -
Accounts Receivable, Net
- -
10
- -
Inventories
- -
4
- -
Total Current Liabilities
- -
26
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.72%
0.06%
-2.49%
Free Cash Flow
-149.79%
338.46%
-110.45%
Net Income, GAAP
-70.94%
-118.84%
-133.32%
Sales/Revenue/Turnover
7.69%
8.46%
37.24%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10
7
12
9
39
2026
9
5
15
23
53
2027
16
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.02
0.04
0.06
-0.21
-0.14
2026
-0.01
-0.29
0.1
0.25
0.05
2027
-0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rupinder Singh Ahluwalia
Full Time Employees
39
Sector
Producer manufacturing
Industry
Industrial machinery
Address
B-1106, Raj Classic CHS Ltd. Rajpura MH India 400061
IPO Date
Jan 11, 1993
Business
Mukat Pipes Limited manufactures and sells large diameter submerged arc welded (SAW) steel pipes in India. The company’s main products include longitudinal SAW pipes, spiral (helical) SAW pipes, MS shells for infrastructure, penstock pipes, site pipe fabrication, and a complete range of carbon steel welded pipes. It produces pipes in diameters ranging from 12 inches to 100 inches and wall thicknesses up to 20 mm, conforming to Indian standards (IS-3589-2001) using high-quality filler wire technology. Mukat Pipes also belongs to the Mukat Group, which specializes in SAW pipes ranging up to 180 inches in diameter and up to 90 mm in thickness. The company operates primarily in the infrastructure, oil and gas, water supply, and industrial piping segments. Founded in 1987 and headquartered in Rajpura, Punjab, Mukat Pipes Limited leverages modern technology to manufacture its products and serves primarily the Indian market with a focus on quality and standardization. Recent data indicates the company continues operations with sales reported through 2025 but has faced fluctuations in revenue without major new product lines or partnerships publicly announced in the last two years. The company maintains compliance certifications and approvals from entities such as Engineers India Limited and Lloyd’s for various SAW pipe grades, underscoring its commitment to quality and regulatory standards. Mukat Pipes Limited continues to consolidate its position in the Indian steel pipe manufacturing industry, focusing on delivering welded pipes tailored for large-scale infrastructure projects and specialized industrial applications, sustaining its legacy as part of the Mukat Group with a reputation for producing a wide range of SAW pipe products under high manufacturing standards. This description reflects the latest publicly available information as of late 2025.