StockWatch
·

Malpani Pipes And Fittings Ltd Q2 FY26 Results

MALPANIQ2 FY26 Results
Filing
MetricValue ( Cr)Q2 FY25
Revenue69.560.0%
Total Income70.190.0%
Expenditure64.990.0%
PBT5.200.0%
Net Profit3.880.0%
OPM3.20%4.28pp
NPM5.53%0.05pp
EPS3.60
View full financials

Malpani Pipes and Fittings Reports Double-Digit Growth, Outperforms Industry in H1FY26

12 Nov 2025 · 12 Nov 2025, 08:22 pm

Summary

Malpani Pipes and Fittings Limited has reported double-digit growth in the first half of FY26, with significant improvements in revenue, profitability, and margins. The company's performance outperformed the industry growth rate.

Key Highlights

  1. 1

    Revenue rose to 769.56 crore, up 20.49% from 57.73 crore in HIFY25

  2. 2

    Other Income came in at 20.62 crore versus 0.38 crore a year ago

  3. 3

    Total Income increased to 770.18 crore, up 20.75% YoY

  4. 4

    EBITDA grew 23.97% year-on-year to 6.93 crore, with EBITDA margins improving to 9.96%

  5. 5

    Net Profit (PAT) was 23.88 crore, a 22.78% rise from 3.16 crore in the same period last year, with PAT margins at 5.58%

  6. 6

    EPS for the half year stood at 73.60

  7. 7

    The company is now experiencing improving demand, lower inventory levels, and is focused on executing strategic capacity expansion plans

Management Comments

M

Mr. Harsh Malpani

Malpani Pipes and Fittings Limited has transitioned from a regional manufacturer to a pan-India brand known for quality and reliability. After overcoming industry challenges, the company is now experiencing improving demand, lower inventory levels, and is focused on executing strategic capacity expansion plans. Located in Ratlam, the facility ensures efficient nationwide distribution. With India’s infrastructure and agriculture undergoing rapid growth through government initiatives, Malpani Pipes is positioned to seize long-term opportunities. The company has also diversified into new sectors like telecommunications and power tools through global partnerships. Committed to innovation and sustained growth, Malpani Pipes aims to deliver strong value to stakeholders while outperforming industry benchmarks. We are aiming to beat the industry growth rate. With favorable trends for both our company and the sector, continued investment in R&D and new products, and a team you can count on, we are confident about the future. Our promise is simple: to keep delivering value to everyone who is part of our story, through innovation, integrity, and inclusive growth.

Informational and educational content only. Not investment advice.