Malpani Pipes and Fittings
- Market cap
- ₹ 65 Cr.
- P/E
- 7x
- P/B
- 1.16x
- 52-week range
- 48.1 – 82
- ROE
- 18%
- ROCE
- 20%
- Dividend yield
- 0%
- Debt / equity
- 0.4
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- BSE SME
About
Malpani Pipes and Fittings Limited is an India-based company that manufactures and supplies a range of high-grade plastic pipes. The Company offers high-density polyethylene (HDPE) pipes, medium-density polyethylene (MDPE) pipes, and linear low-density polyethylene (LLDPE) pipes, all marketed under the brand name - VOLSTAR. It is also engaged in the trading of granules and polyvinyl chloride (PVC) pipes, as well as the sale of services. The Company's product categories include HDPE pipes & fittings, HDPE sprinkler pipes & fittings, GAS pipes, drip irrigation pipes, MDPE pipe, lateral pipes, HDPE sewerage pipe, and PVC pipes & fittings. Its pipes are engineered to meet a range of applications, including irrigation, potable water supply, sewerage, and drainage systems. They are also suited for boreholes and tube wells for underground water extraction. Its pipes support infrastructure projects such as the installation of long-distance electrical cables and optical fibers.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →Malpani Pipes and Fittings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)7 against a typical 20.5: cheaper than most peers (1st = cheapest).7th of 76
- Sales growth+38.8% against a typical +14.5% from a year earlier.12th of 66
- Profit growth+400% against a typical +15.3% from a year earlier.3rd of 55
- Share price, 3 months−8.1% against a typical −8.5%.30th of 61
- Size₹ 64.7 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).41st of 68
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 67 | 58 | 83 | 70 | 93 |
| Expenses | 63 | 52 | 74 | 63 | 84 |
| Operating Profit | 4 | 6 | 9 | 7 | 10 |
| OPM % | 6% | 10% | 11% | 10% | 10% |
| Other Income | 0 | 0 | 0 | 1 | 0 |
| Interest | 2 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 4 | 7 | 5 | 7 |
| Tax % | 27% | 25% | 26% | 25% | 26% |
| Net Profit | 1 | 3 | 5 | 4 | 5 |
| EPS in Rs | 5.93 | 4 | 4.56 | 3.6 | 4.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 26%
- TTM
- 16%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 63%
- TTM
- 12%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 27%
- 3 Years
- 27%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Malpani Pipes and Fittings | ₹ 59.00 | ₹ 65 Cr. | 7x | 1.2x | 18% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 46.5x | 7.2x | — | 9.1% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.6x | 9.1x | — | 8.5% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 45.7x | 5.8x | — | 17.2% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 98x | 4.4x | — | −0% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 74.2x | 4.8x | — | 3.5% |
Management
- Rohit Malpani
- Executive Chairman of the Board, Managing Director
- Harsh Malpani
- Whole Time Director, Chief Financial Officer
- Hariom Patidar
- Company Secretary, Compliance Officer
- Mohit Malpani
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.