Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, we submit herewith quarterly sales update - Q1 F.Y. 2025-26.
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Malpani Pipes and Fittings Limited reported a 44% year-on-year revenue growth for Q1 FY2025-26, with sales reaching ₹3,752.86 Lakhs compared to ₹2,607.27 Lakhs in Q1 FY2024-25. The company, which manufactures HDPE, MDPE, LLDPE, sprinkler, and drip pipes from its facility in Ratlam, Madhya Pradesh, attributed this growth to improved plant efficiency, expanded production capacity, and increased demand. Government infrastructure initiatives in rural water supply and irrigation, along with a favorable monsoon that boosted demand for irrigation pipes, were key demand drivers. The recent BSE listing also helped enhance market visibility and stakeholder confidence.
Strong 44% revenue growth signals robust operational momentum and benefits from government infrastructure spending, which is positive for the stock. However, the company is listed on the BSE SME platform, so liquidity may remain limited for retail investors.