The company''s 8th annual general meeting was held on 29/09/2025 through video conferencing via zoom platform.
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Malpani Pipes & Fittings Limited held its 8th AGM on September 29, 2025 via Zoom video conferencing from 11:00 AM to 11:23 AM, marking the company's first AGM since listing on the BSE SME platform. Three business items were transacted: adoption of audited financial statements for FY 2024-25, re-appointment of Managing Director Mr. Rohit Malpani (retiring by rotation), and ratification of Cost Auditor remuneration for FY 2025-26. For FY 2024-25, the company reported total income of ₹14,174.93 Lakhs (up 0.42% YoY), profit before tax of ₹1,088.20 Lakhs (up 8.49%), and net profit after tax of ₹806.95 Lakhs (up 9.55%), driven by better purchasing policies and lower finance costs. Management highlighted plans for capacity expansion, new product development, and factory automation, while noting strong government infrastructure spending (over ₹10 lakh crore in the 2024-25 Union Budget) as a key growth opportunity. Voting results are awaited within 48 hours.
The AGM was routine and procedural with no major surprises. The modest top-line growth (0.42%) but solid bottom-line growth (~9.55% PAT) signals improving margins, which is mildly positive for shareholders. Investors should watch for the formal voting results announcement.