Malpani Pipes And Fittings Limited · BSE:MALPANI
Malpani Pipes And Fittings — H1 FY2026 Earnings Presentation
30 slides from Malpani Pipes And Fittings's earnings presentation, Nov 12, 2025
Slide 1: Cover letter to BSE on Investor Presentation H1FY26
Date: November 12, 2025 To, BSE Limited Floor 25, P J Towers Dalal Street Mumbai – 400001 Dear Sir/Madam, Sub: Investor Presentation on H1FY26 Performance Ref: Malpani Pipes and Fittings Limited (ID: MALPANI; Code: 544351) With reference to the captioned subject, kindly find enclosed herewith Invest
Slide 2: Investor Presentation H1FY26
Malpani Pipes & Fittings Limited Investor Presentation H1FY26
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Malpani Pipes and Fittings Limited (The “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 4: About Malpani Pipelines
About Malpani Pipelines Malpani Pipes and Fittings Limited, incorporated in 2017, is a premier player in the precision plastics industry, specializing in an extensive range of products including HDPE Pipes, MDPE Pipes, Sprinkler Pipes, Drip Irrigation Pipes, PVC Pipes, PE Lateral Pipes, PE Sewerage
Slide 5: Product Portfolio
Product Portfolio
Slide 6: Product Portfolio (1/3)
Product Portfolio (1/3) Volstar™ HDPE Sprinkler Pipes & Fittings Designed for efficient water and fertilizer delivery. UV-stabilized, low maintenance, and tailored for uniform irrigation. Volstar™ HDPE Volstar™ Drip Pipes & Fittings Irrigation Pipes High-strength, corrosion-resistant Water supply, p
Slide 7: Product Portfolio (2/3)
Product Portfolio (2/3) Volstar™ Lateral Pipes Specialized flexible and durable irrigation pipes for consistent water distribution. Extensively used in irrigation fields. Volstar™ MDPE Volstar™ Gas Pipes Pipes DurableWater and lightweight pipes supply, irrigation, built for industrial High-strength
Slide 8: Product Portfolio (3/3)
Product Portfolio (3/3) PVC Pipes & Fittings Crafted with superior material strength for reliable performance. Widely applied in plumbing, water, irrigation, sewage, and chemical handling. Volstar™ HDPE PLB HDPE Telecom Sewerage Pipes Duct Pipes Water supply, Corrosion-resistant pipesirrigation, wit
Slide 9: End User Industry
End User Industry Agriculture & Irrigation Industrial Manufacturing Infrastructure-Construction Residential Telecommunication Utilities & Energy Oil & Gas Power & Electricals Food & Beverage Pharmaceuticals Transport Government Projects 8
Slide 10: Manufacturing Facility
Manufacturing Facility 1,10,000+ sq. ft. Ratlam, MP 16,800 MTPA 14,900+ MTPA 1,700+ MTPA State of art facility Central India hub Total installed HDPE & MDPE PVC Pipes capacity Pipes capacity capacity 13+ Advanced Robotics & SPC ISO-Certified In- Sustainability- Skilled Workforce with Production Line
Slide 11: Expanding Capacity
Expanding Capacity To meet rising domestic demand, Malpani Pipes has consistently Outlook for FY27 expanded capacity while maintaining robust utilization. Capacity of 16,800+ MTPA achieved Malpani Pipes - Capacity vs Utilization with new PVC line (1,700 MTPA 20000 added in FY26). 16800 16800 90–95%
Slide 12: Presence Across the Nation
Presence Across the Nation “Expanding Across India with Strategic Warehousing & Distribution” Strategic Warehousing Advantage Centrally located hubs in Ratlam (MP) & Amravati (MH) enables faster delivery, lower logistics costs, and better serviceability. PAN India Expansion Presence in 16+ States &
Slide 13: Strategic Tie-Up
Strategic Tie-Up
Slide 14: Strategic Expansion in Power & Agro Equipments (1/3)
Strategic Expansion in Power & Agro Equipments (1/3) We entered into an exclusive India-wide sole distributorship with China’s Yongkang Gaocheng Power Tools Co. Ltd. CATEGORIES BRANDS CONTRACT PERIOD Power Tools, Garden Machines, BST (Value), 5 Years till 22nd August, 2030 Construction Tools Gaochen
Slide 15: Strategic Expansion in Power & Agro Equipments (2/3)
Strategic Expansion in Power & Agro Equipments (2/3) Agricultural Garden & Equipments Plantation Power Tools Construction Tools Machinery Drills Tillers Harvesters Trimmers Demolition Grinders Sprayers Hedge cutters hammers Saws Brush cutters Chainsaws Mixers Construction tools Concrete Flagship Bra
Slide 16: Strategic Expansion in Power & Agro Equipments (3/3)
Strategic Expansion in Power & Agro Equipments (3/3) Strategic Advantages Seamless integration into agri-retail network. Leverages nearly a decade trust in rural markets Enables cross-selling with pipe and fitting products After-sales support via established DRIVEN BY: Infra boom (Smart Cities, PMAY
Slide 17: What Sets Us Apart?
What Sets Us Apart? 1. Strong Promoter Background Our promoters bring decades of experience across core sectors like infrastructure, manufacturing, and distribution. Their strategic vision and financial discipline enable sustainable growth and long-term value creation. 2. Expanding Product & Busines
Slide 18: Growth Triggers
Growth Triggers Capacity Expansion Expanding Unlocking Next Sectoral Growth Phase Horizons Scaled up from 11,500 Distribution & to 16,800 MTPA, Adjacency-Led Diverse presence including a new 1,700 Strengthening Growth Engines across agriculture, MTPA PVC plant, Margin Profile Expanding our housing,
Slide 19: Management Commentary
Management Commentary Malpani Pipes and Fittings Limited has come a long way- from a regional business to a pan-India brand trusted for quality and reliability. In recent years, we’ve kept our growth steady, improved rotceriD emiT elohW margins, and delivered better returns. This has happened becaus
Slide 20: Board of Directors
Board of Directors Rohit Malpani Mohit Malpani Harsh Malpani Sonal Malpani Managing Director Whole Time Director Whole Time Director & CFO Non Executive Director Rohit leads the company’s manufacturing Mohit directs the distribution, Harsh manages the Finance and Sonal serves as a strategic advisor
Slide 21: Historic Growth
Historic Growth 4x Revenue Growth in just 3 years What powers this growth? Investment in Automation & (₹) Crores Capacity Expansion 200 Market Focus on Government & Agri Infrastructure ₹141 150 Focus on Market Penetration 100 Trading & Others Strong Dealership Network PVC Pipes & HDPE & MDPE Fitting
Slide 22: Our Journey
Our Journey New Era Listed on BSE SME (IPO oversubscribed 125x). Commissioned new 1,700 MTPA PVC line. Strong ₹60+ Cr order book; presence in 16 states. Growth Momentum Expanded The Beginning Government Trust & Expansion distribution network 2025 & warehouses Approved supplier for key Govt. across I
Slide 23: Vision & Mission
Vision & Mission Vision To establish Malpani Pipes & Fittings Limited as a global leader in the piping industry, renowned for our relentless pursuit of excellence, innovation, and sustainability. We envision a future where our brand is synonymous with superior quality, cutting- edge technology, and
Slide 24: Our Values
Our Values We prioritize the health, Highest standards of quality in safety, and well-being of our all our products and employees, customers, and processesnd personal communities A culture of innovation, We are dedicated to achieving encouraging creativity, customer satisfaction, curiosity, and deli
Slide 25: Plastic Pipes Industry Overview
Plastic Pipes Industry Overview 2023-2030 $ 10B 10 Others 25% Industrial Applications ~ 5.81% $ 8.05B 12% 8 CAGR $ 4-5B 6 Agriculture $ 5.42B 42% 4 Sewerage 12% CPVC 75% 2024 2030 2 10-12% CAGR Projected to grow 0 2023 2030 at 10% CAGR Water Supply A $10B Opportunity by India’s PVC pipes & CPVC domi
Slide 26: Policy Tailwinds
Policy Tailwinds AMRUT 2.0 PM Awas Plastic Parks (Urban Infrastructure Yojana Initiative Renewal) (Housing for All) AMRUT 2.0 aims to Under PMAY-Gramin, the India’s Smart Cities Jal Jeevan Mission provide water supply to Smart Cities Mission Make in India second phase targets Mission encompasses 100
Slide 27: Certifications
Certifications Malpani Pipes delivers ISO- and BIS-certified quality, tested in-house for durability, safety, and performance. 26
Slide 28: Profit & Loss Statement
Profit & Loss Statement ₹ in Crores H1FY26 H1FY25 YoY % Increase FY25 Revenue from Operations 69.56 57.73 20.49 140.97 Cost of Material Consumed 56.57 42.91 - 105.35 Employee Expenses 1.52 1.28 2.82 Other Expenses 5.41 4.70 - 10.76 EBITDA 6.93 5.59 23.97 14.58 EBITDA % 9.96 9.68 - 10.34 Other income
Slide 29: Balance Sheet
Balance Sheet ₹ in Crores ASSETS FY25 FY24 EQUITY & LIABILITIES FY25 FY24 Property, Plant & Equipment 12.09 7.11 Shareholders’ Fund 46.65 14.85 Right-of-use asset - - Long Term Borrowings 10.57 11.29 Capital Work In Progress 3.44 3.49 Deferred Tax Liabilities (net) 0.29 0.19 Other Financial Assets -
Slide 30: Get in touch
Get in touch AYUSH DIVECHA | DARSHIL PANDYA G12-14, 7th Floor- Commerce Centre, Mumbai- 400034 cs@malpanipipes.com Email : ir@merlincapital.co.in Contact : +91 81048 55515
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