Please find enclosed the press release titled - "Malpani Pipes Posts Rebust Q3FY26, Stays Firm on Growth Trajecory"
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.5 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Malpani Pipes reported Q3FY26 revenue of ₹4,665.17 Lakhs, up 36.97% YoY from ₹3,405.97 Lakhs in Q3FY25, driven by healthy demand, distribution network expansion, and operating leverage. Cumulative 9MFY26 revenue stood at ₹11,621.31 Lakhs, registering 26.60% YoY growth. Margins remained broadly stable, in line with H1 FY26 levels, supported by disciplined cost management. The company highlighted an order book of ₹70+ crores providing strong revenue visibility, and received the first batch of supplies under its Q2FY26 partnership with Yongkang Gaocheng, China in November 2025.
Strong double-digit revenue growth and a robust order book signal positive momentum for the stock, though margin commentary was neutral. Investors should note growth is accelerating quarter-on-quarter and the new China partnership may further support future product offerings and revenue.