MALPANI
MALPANI PIPES AND FITTINGS financials
- Market cap
- ₹66 Cr
Quarterly results
Q4 FY26: revenue up 38.8%, net profit up 400.0% against the same quarter last year.
| Line item | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 67 | 58 | 83 | 70 | 93 +39% |
| EBITDA | 4 | 6 | 9 | 7 | 10 +150% |
| Net profit | 1 | 3 | 5 | 4 | 5 +400% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −21.1% 1Y
1Y: ₹79.17 on 9 Sept 2025 → ₹62.5. High ₹83.33 (16 Oct 2025), low ₹57 (30 Mar 2026).
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹2 Cr | ₹4 Cr | ₹12 Cr | ₹40 Cr | ₹45 Cr |
| Borrowings | ₹9 Cr | ₹20 Cr | ₹30 Cr | ₹30 Cr | ₹22 Cr |
| Other liabilities | ₹9 Cr | ₹14 Cr | ₹16 Cr | ₹29 Cr | ₹44 Cr |
| Total liabilities | ₹21 Cr | ₹39 Cr | ₹61 Cr | ₹109 Cr | ₹122 Cr |
| Fixed assets | ₹2 Cr | ₹7 Cr | ₹7 Cr | ₹14 Cr | ₹19 Cr |
| Capital work in progress | ₹5 Cr | ₹0 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹15 Cr | ₹32 Cr | ₹51 Cr | ₹95 Cr | ₹103 Cr |
| Total assets | ₹21 Cr | ₹39 Cr | ₹61 Cr | ₹109 Cr | ₹122 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, FIIs trimmed −3.71 pp while the public added +3.25 pp. The shareholder count shrank 17% to 570.
- Promoters
- 73.8%
- FIIs
- 4.4%
- DIIs
- 0.1%
- Public
- 21.7%
Since Mar 2025
- FIIs −3.71 pp
- Public +3.25 pp
- Promoters +0.50 pp
How it drifted, 3 quarters
Over this window FIIs fell from 8.1% to 4.4% — −3.7 pp.
Ownership split by quarter, oldest first. Mar '25: Promoters 73.3%, FIIs 8.1%, DIIs 0.1%, Public 18.5%.Sep '25: Promoters 73.8%, FIIs 6.0%, DIIs 0.1%, Public 20.1%.Mar '26: Promoters 73.8%, FIIs 4.4%, DIIs 0.1%, Public 21.7%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Rohit Yadav +0.35 pp 1.40% held
- Mintexrx Inc Corporate +0.26 pp 1.43% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of MALPANI PIPES AND FITTINGS LIMITED above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Mohit Malpani | 15.42% | unchanged |
| Harsh Malpani | 15.17% | unchanged |
| Rohit Malpani | 13.28% | unchanged |
| Sonal Malpani | 4.55% | unchanged |
| Hirendra Malpani | 4.52% | unchanged |
| Harshita Malpani | 3.87% | unchanged |
| Deepak Malpani | 3.33% | unchanged |
| Hemlata Malpani | 2.93% | unchanged |
| Rini Malpani | 2.71% | unchanged |
| Deepak Malpani Huf | 1.81% | unchanged |
| Hirendra Malpani Huf | 1.81% | unchanged |
| Sunita Malpani | 1.75% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse MALPANI PIPES AND FITTINGS LIMITED
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