Malpani Pipes & Fittings Ltd

Malpani Pipes & Fittings Ltd

₹ 75.5 -4.14%
10 Jun - close price
About

Incorporated in 2017, Malpani Pipes and Fittings Limited is engaged in manufacturing high-grade plastic pipes.[1]

Key Points

** Business Overview[1]
Malpani Pipes & Fittings Limited, ISO 9001:2015 certified and based in Ratlam, Madhya Pradesh, manufactures and trades high-grade plastic pipes and granules. The company offers HDPE, MDPE, LLDPE, Sprinkler, and Drip Pipes, serving various sectors, including irrigation, water supply, sewerage, drainage, and infrastructure. Products are marketed under the
"Volstar" **brand.

  • Market Cap 81.4 Cr.
  • Current Price 75.5
  • High / Low 90.0 / 54.9
  • Stock P/E 10.1
  • Book Value 43.3
  • Dividend Yield 0.00 %
  • ROCE 23.1 %
  • ROE 26.2 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 38.2%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 62.0 to 129 days.
  • Working capital days have increased from 93.1 days to 143 days

* 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.

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Half Yearly Results

Figures in Rs. Crores

Mar 2024 Mar 2025
67 83
63 74
Operating Profit 4 9
OPM % 6% 11%
0 0
Interest 2 2
Depreciation 0 1
Profit before tax 2 7
Tax % 27% 26%
1 5
EPS in Rs 5.93 4.56
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2022 Mar 2023 Mar 2024 Mar 2025
35 82 141 141
33 78 128 126
Operating Profit 2 4 13 15
OPM % 5% 5% 9% 10%
0 0 0 1
Interest 1 1 3 3
Depreciation 0 0 1 1
Profit before tax 1 3 10 11
Tax % 25% 25% 26% 26%
1 2 7 8
EPS in Rs 4.61 10.78 30.45 7.49
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 59%
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 109%
TTM: 9%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 38%
Last Year: 26%

Balance Sheet

Figures in Rs. Crores

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 2 2 2 11
Reserves 2 4 12 36
9 20 30 30
9 14 16 36
Total Liabilities 21 39 61 112
2 7 7 12
CWIP 5 0 3 3
Investments 0 0 0 0
15 32 51 97
Total Assets 21 39 61 112

Cash Flows

Figures in Rs. Crores

Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 -6 -6 -14
-6 -1 -7 -6
5 9 10 20
Net Cash Flow 0 2 -2 0

Ratios

Figures in Rs. Crores

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 66 27 30 129
Inventory Days 58 91 91 117
Days Payable 66 41 32 96
Cash Conversion Cycle 58 77 88 150
Working Capital Days 43 60 76 143
ROCE % 22% 36% 23%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2025
73.28%
8.12%
0.10%
18.49%
No. of Shareholders 683

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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