Malpani Pipes And Fittings Ltd (MALPANI)

About

Malpani Pipes And Fittings Ltd operates in Plastic Products - Industrial within the Industrials sector.

Face value: ₹10

Market cap

₹70 Cr

P/E

7.7×

P/B

—

Dividend yield

0%

ROE

—

ROCE

—

Debt / equity

—

OPM

10.1%

EPS (TTM)

₹8.4

Book value

—

52-week high

—

52-week low

—

353 historical price candles were omitted because the exchange source has not been verified.

₹64.5+6.3%1Y

Quick read

rule-based

Pros

+High return on capital employed of 24.3%
+High promoter holding of 73.8% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

60/100

Business quality: 21
Valuation: 100

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Supreme Industries LimitedSUPREMEINDSUPREMEIND	₹42,926 Cr	₹42,926 Cr	₹11,326 Cr	₹1,632 Cr	13.9%	₹1,032 Cr	8.5%	19.1%	16.1%	44
Garware Hi-Tech Films LimitedGRWRHITECHGRWRHITECH	₹16,067 Cr	₹16,067 Cr	₹2,258 Cr	₹497 Cr	20.5%	₹388 Cr	16%	17.6%	13.5%	89
Finolex Industries LimitedFINPIPEFINPIPE	₹9,338 Cr	₹9,775 Cr	₹3,954 Cr	₹692 Cr	16.5%	₹615 Cr	14.6%	12.2%	9.7%	133
Kingfa Science & Technology (India) LimitedKINGFAKINGFA	₹8,958 Cr	₹8,958 Cr	₹2,222 Cr	₹314 Cr	13.1%	₹226 Cr	9.3%	23.6%	17.4%	100
Time Technoplast LimitedTIMETECHNOTIMETECHNO	₹8,869 Cr	₹9,508 Cr	₹6,445 Cr	₹922 Cr	14.6%	₹490 Cr	7.8%	18.2%	13.4%	161
Prince Pipes And Fittings LimitedPRINCEPIPEPRINCEPIPE	₹2,731 Cr	₹2,871 Cr	₹2,627 Cr	₹270 Cr	8.9%	₹102 Cr	2.8%	6.4%	4.5%	71
Apollo Pipes LimitedAPOLLOPIPEAPOLLOPIPE	₹2,255 Cr	₹2,379 Cr	₹1,125 Cr	₹49 Cr	6%	₹-15 Cr	0.4%	2.1%	0.6%	58
Jain Irrigation Systems LimitedJISLJALEQSJISLJALEQS	₹1,951 Cr	₹6,013 Cr	₹6,362 Cr	₹765 Cr	12.5%	₹-53 Cr	-0.6%	7.3%	-0.4%	230
Jai Corp LimitedJAICORPLTDJAICORPLTD	₹1,571 Cr	₹1,571 Cr	₹541 Cr	₹70 Cr	10.6%	₹93 Cr	32.9%	13.1%	11.7%	269
Premier Polyfilm LimitedPREMIERPOLPREMIERPOL	₹949 Cr	₹949 Cr	₹365 Cr	₹50 Cr	13.6%	₹35 Cr	9.4%	31.2%	24.1%	102
R M Drip And Sprinklers Systems LimitedRMDRIPRMDRIP	₹587 Cr	₹640 Cr	₹207 Cr	₹53 Cr	26.6%	₹35 Cr	17.7%	33.6%	31.5%	268
Prakash Pipes LimitedPPLPPL	₹582 Cr	₹621 Cr	₹780 Cr	₹118 Cr	15.1%	₹83 Cr	10.7%	28.6%	20.5%	—

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2025	Mar 2026
	141	163
COGS	113	132
Gross profit	28	31
	14	15
Operating profit (EBITDA)	15	17
OPM %	10.3%	10.1%
Depreciation	1	2
Interest	3	4
	1	1
Profit before tax	11	12
Tax	3	3
Tax %	25.8%	25.8%
	8	9
PAT margin %	5.7%	5.5%
EPS (₹)	9.7	8.4
EPS adjusted (₹)	7.5	—
Annual report	Annual report for Mar 2025	—

₹ Cr	Mar 2024	Mar 2025	Mar 2026
Equity capital	2	11	—
Reserves	12	36	—
	30	30	—
	16	36	122
Total equity & liabilities	61	112	122
	—	12	19
CWIP	3	3	—
Investments	—	0	0
	58	109	103
Total assets	61	112	122

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	-8	-14	16
	-4	-6	-5
	10	20	-11
Net cash flow	-2	0	-0
Free cash flow	-12	-20	11
CFO / Operating profit %	—	-95.8%	95.5%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 16%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: 12%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 17%

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2025	Mar 2026
Margins
Gross margin %	20%	19.2%
EBITDA margin %	10.3%	10.1%
EBIT margin %	9.4%	9.1%
PAT margin %	5.7%	5.5%
Working capital
Receivable days	129	—
Inventory days	117	129
Payable days	—	—
NWC days	—	—
Leverage
Current ratio	1.67	1.77
Debt to EBITDA	2.04	—
Debt to equity	0.64	—
Interest coverage	4.4	4.5
Asset turnover	1.26	1.34
Return ratios
Return on assets %	7.2%	7.4%
Return on capital employed %	24.3%	25.4%
Return on equity %	17.3%	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Dec 2024	Mar 2025	Sep 2025	Mar 2026
	73.28%	73.28%	73.78%	73.78%
	11.33%	8.12%	6%	4.41%
	0.89%	0.1%	0.1%	0.07%
Government	0%	0%	0%	0%
	14.5%	18.5%	20.12%	21.74%
No. of shareholders	872	683	645	570

Promoter holding up 0.5 percentage points since Dec 2024.

Rohit MalpaniManaging Director
Harsh MalpaniWhole Time Director
Mohit MalpaniWhole Time Director
Sonal MalpaniNon-Executive Director
Ashesh AgnihotriNon-Executive Director & Independent Director
Neha SomaniNon-Executive Director & Independent Director
Mr. Hariom PatidarCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Malpani Pipes And Fittings Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

8

Annual reports

1

Annual Report FY2025from bse Summary

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

No events on record

Corporate actions, results dates and filings will appear here once ingested.

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

8 announcementsExport CSV

30 Sept 2026, 2:11 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

29 Sept 2026, 5:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

28 Sept 2026, 1:39 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

7 Sept 2026, 1:14 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

4 Sept 2026, 5:50 pmAGM/EGM

Notice Of 9Th Annual General Meeting

AGM PDF

4 Sept 2026, 5:45 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

1 Sept 2026, 6:35 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

1 Sept 2026, 6:33 pmOthers

Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On September 01, 2026

Outcome without intimation PDF

Date	Category	Subject	Filing
30 Sept 2026, 2:11 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 5:45 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

Loading announcements…

Malpani Pipes And Fittings Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

No events on record

Announcements

Announcements

Annual reports

No events on record

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity