Malpani Pipes & Fittings Limited reported a 15.59% increase in total income for FY26, reaching ₹1,638.5 lakh. Profit after tax rose 11.89% to ₹902.91 lakh, driven by improved purchasing policies and lower finance costs.

The company held its 9th Annual General Meeting on September 29, 2026, via video conferencing. Chairman Rohit Malpani highlighted the firm's resilience and strategic progress despite a challenging business environment. The meeting marked the second AGM since the company's listing on the BSE SME platform.

Financial performance highlights

CFO Harsh Malpani detailed the fiscal year's solid growth in both revenue and profitability. The company emphasized its strong marketing presence across Indian states, supported by manufacturing facilities in Ratlam, Madhya Pradesh, and warehouses in Maharashtra.

What the numbers show

While top-line growth of 15.59% outpaced bottom-line growth of 11.89%, the company maintained robust margins. The divergence suggests that while revenue expanded significantly, cost pressures or tax implications slightly moderated the profit expansion rate relative to income growth. The management attributed the profit stability partly to lower finance costs and better purchasing policies.

Strategic outlook and governance

Management outlined plans to expand production capacity, introduce new products, and adopt automation to enhance efficiency. The company holds six BIS licenses and ISO 4427 certification for MDPE pipes, positioning itself to meet growing demand in the plastic industry.

During the proceedings, shareholders:

• Adopted the audited financial statements for FY26.
• Reappointed Mohit Malpani as Whole-Time Director, retiring by rotation.
• Ratified the remuneration payable to the Cost Auditor for FY27.

The results of remote e-voting will be declared within 48 hours and placed on the company website.

Malpani Pipes & Fittings Limited has closed the trading window for insiders effective October 1, 2026. The restriction remains in force until 48 hours after the publication of financial results for the half year ended September 30, 2026.

This action is taken pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code. It applies to equity shares of the company and aims to prevent misuse of unpublished price-sensitive information.

Regulatory Compliance and Timeline

The closure aligns with BSE Circular no. LIST /COMP/01/2019-20 dated April 2, 2019, and SEBI (Second Amendment) Regulations, 2019. Insiders covered under the company's code are prohibited from dealing in securities during this period.

The filing was signed by Rohit Malpani, Chairman and Managing Director, on September 28, 2026. No financial data or performance metrics were disclosed in this regulatory notice.