Mukat Pipes Ltd
Incorporated in 1987, Mukat Pipes Ltd manufactures and sells Longitudinal & Helical Pipes[1]
- Market Cap ₹ 17.7 Cr.
- Current Price ₹ 14.9
- High / Low ₹ 33.6 / 11.8
- Stock P/E
- Book Value ₹ -6.21
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.99% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.39 | 5.77 | 5.76 | 5.27 | 5.45 | 7.97 | 4.48 | 6.15 | 6.12 | 3.31 | 6.30 | 3.85 | 3.89 | |
| 4.25 | 7.68 | 5.54 | 5.73 | 6.37 | 8.53 | 4.66 | 6.40 | 6.39 | 3.59 | 6.24 | 4.22 | 4.68 | |
| Operating Profit | 0.14 | -1.91 | 0.22 | -0.46 | -0.92 | -0.56 | -0.18 | -0.25 | -0.27 | -0.28 | 0.06 | -0.37 | -0.79 |
| OPM % | 3.19% | -33.10% | 3.82% | -8.73% | -16.88% | -7.03% | -4.02% | -4.07% | -4.41% | -8.46% | 0.95% | -9.61% | -20.31% |
| -0.32 | 0.21 | 0.04 | 0.55 | 0.47 | 0.48 | 0.39 | 0.43 | 0.43 | 0.42 | 0.51 | 0.48 | 0.57 | |
| Interest | 0.29 | 0.03 | 0.03 | 0.18 | 0.13 | 0.14 | 0.13 | 0.14 | 0.14 | 0.14 | 0.15 | 0.14 | 0.16 |
| Depreciation | 0.96 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.12 |
| Profit before tax | -1.43 | -1.84 | 0.11 | -0.21 | -0.70 | -0.35 | -0.05 | -0.09 | -0.11 | -0.13 | 0.29 | -0.16 | -0.50 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -1.43 | -1.85 | 0.10 | -0.21 | -0.70 | -0.35 | -0.05 | -0.09 | -0.12 | -0.12 | 0.30 | -0.16 | -0.50 | |
| EPS in Rs | -1.83 | -2.36 | 0.08 | -0.18 | -0.59 | -0.30 | -0.04 | -0.08 | -0.10 | -0.10 | 0.25 | -0.14 | -0.43 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -3% |
| 3 Years: | -14% |
| TTM: | -22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | % |
| 3 Years: | -13% |
| TTM: | -485% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 31% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.83 | 7.83 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 | 5.92 |
| Reserves | -13.15 | -15.02 | -11.18 | -11.55 | -12.25 | -12.59 | -12.64 | -12.74 | -12.85 | -13.12 | -12.75 | -12.91 | -13.27 |
| 6.11 | 6.04 | 3.12 | 3.25 | 3.35 | 3.37 | 3.48 | 3.60 | 3.57 | 3.57 | 3.55 | 3.53 | 3.60 | |
| 6.37 | 7.64 | 8.88 | 9.46 | 10.89 | 8.80 | 7.71 | 7.89 | 7.46 | 8.07 | 8.48 | 7.53 | 7.96 | |
| Total Liabilities | 7.16 | 6.49 | 6.74 | 7.08 | 7.91 | 5.50 | 4.47 | 4.67 | 4.10 | 4.44 | 5.20 | 4.07 | 4.21 |
| 1.61 | 1.84 | 1.77 | 1.65 | 1.74 | 1.62 | 1.51 | 1.38 | 1.17 | 1.07 | 0.96 | 0.86 | 0.80 | |
| CWIP | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 5.46 | 4.65 | 4.97 | 5.43 | 6.17 | 3.88 | 2.96 | 3.29 | 2.93 | 3.37 | 4.24 | 3.21 | 3.41 | |
| Total Assets | 7.16 | 6.49 | 6.74 | 7.08 | 7.91 | 5.50 | 4.47 | 4.67 | 4.10 | 4.44 | 5.20 | 4.07 | 4.21 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.56 | 0.28 | 0.91 | 0.01 | 0.03 | 0.21 | -0.01 | 0.25 | 0.17 | 0.09 | 1.32 | -0.30 | |
| 0.03 | -0.27 | -0.03 | 0.02 | -0.05 | -0.14 | 0.00 | 0.00 | 0.02 | 0.10 | 0.05 | -0.04 | |
| -0.36 | -0.10 | -0.79 | -0.05 | -0.02 | -0.12 | -0.01 | -0.02 | -0.17 | -0.14 | -0.17 | -0.16 | |
| Net Cash Flow | 0.23 | -0.09 | 0.09 | -0.02 | -0.04 | -0.05 | -0.02 | 0.24 | 0.02 | 0.05 | 1.20 | -0.50 |
| Free Cash Flow | 0.54 | 0.00 | 0.86 | 0.01 | -0.18 | 0.19 | -0.02 | 0.24 | 0.25 | 0.06 | 1.30 | -0.33 |
| CFO/OP | 400% | -15% | 495% | -35% | -3% | -38% | 6% | -100% | -63% | -82% | 2,083% | 81% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 127.21 | 89.19 | 117.23 | 65.10 | 50.90 | 3.21 | 2.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 678.90 | 168.16 | 558.77 | 162.36 | 142.09 | 81.52 | 92.33 | 59.53 | 28.73 | 232.98 | 80.79 | 37.99 |
| Days Payable | 682.55 | 328.50 | 1,013.89 | 49.09 | 34.64 | 5.56 | 11.54 | 4.70 | 6.99 | 15.53 | 3.80 | 3.30 |
| Cash Conversion Cycle | 123.56 | -71.15 | -337.89 | 178.38 | 158.36 | 79.17 | 83.23 | 54.83 | 21.74 | 217.45 | 76.99 | 34.68 |
| Working Capital Days | -148.00 | -233.42 | -281.35 | -23.55 | -52.24 | -43.51 | -48.07 | -37.39 | -57.85 | -87.11 | -72.42 | -88.17 |
| ROCE % | -18.37% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity Consumption per MT of Production KWH/MT |
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| Job Work Production Volume MT |
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| Number of Permanent Employees count |
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| Total Production Volume (including Job Work) MT |
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Documents
Announcements
- Closure of Trading Window 30 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Copies of the newspaper advertisement pertaining to Unaudited Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2025. The advertisments …
- Submission Of Documents Under Regulation 33 For The Quarter And Nine Months Ended 31St December, 2025. 12 Feb
-
Board Meeting Outcome for Outcome Of Board Meeting
12 Feb - Board approved unaudited results for quarter and nine months ended 31-Dec-2025; limited review submitted.
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Thursday, 12Th February, 2026.
5 Feb - Board meeting 12 Feb 2026 to approve unaudited Q3/9M results ended 31 Dec 2025; trading window closed.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
MPL is a part of the Mukat Group. It is an ISO- 9001-2015 certified company manufactures Large Diameter Submerged Arc Welded (SAW) M.S. Pipes both Longitudinal & Spiral process in the Diameter range of 12 inches to 100 inches and wall thickness up to 20 mm conforming to IS-3589-2001.