Mukat Pipes Returns to Profitability with ₹5.34 Lakh Net Profit in FY26

2 min read     Updated on 13 May 2026, 12:41 AM
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Mukat Pipes Limited returned to profitability in FY26 with a net profit of ₹5.34 lakh, reversing a loss of ₹16.02 lakh in FY25, as revenue from operations grew to ₹528.74 lakh from ₹385.26 lakh. The Board approved the audited results on May 12, 2026, and the company formally declared an unmodified audit opinion from M/s. Gurpreet Kaur & Associates under SEBI Regulation 33(3)(d).

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Mukat Pipes Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The company's Board of Directors approved the results during a meeting held on May 12, 2026. The manufacturer of large diameter SAW pipes posted a net profit of ₹5.34 lakh for the full fiscal year, a significant turnaround from the net loss of ₹16.02 lakh recorded in the previous year. Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has also formally declared that its Statutory Auditors, M/s. Gurpreet Kaur & Associates, Chartered Accountants, Patiala (FRN: 015358N), have issued an Audit Report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026.

Financial Performance Overview

The company's total income for the year ended March 31, 2026, rose to ₹592.31 lakh from ₹433.49 lakh in the previous year. Revenue from operations increased to ₹528.74 lakh, compared to ₹385.26 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net profit of ₹29.84 lakh, reversing the net loss of ₹25.04 lakh incurred in the corresponding quarter of the previous year.

Particulars: Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue from Operations: 528.74 385.26
Total Income: 592.31 433.49
Total Expenses: 586.97 449.51
Net Profit for the Period: 5.34 (16.02)

Operational Highlights and Expenses

Total expenses for the year increased to ₹586.97 lakh from ₹449.51 lakh in the prior year. The cost of materials consumed decreased to ₹148.37 lakh from ₹159.44 lakh. Employee benefit expenses rose to ₹118.30 lakh from ₹108.30 lakh. Other expenses saw a notable rise to ₹310.17 lakh compared to ₹92.72 lakh in the previous year, primarily driving the increase in overall expenditure despite the revenue growth.

Board Decisions and Regulatory Compliance

During the meeting, the Board also appointed internal auditors for the fiscal year 2026-27. The audited financial results were reviewed by the Audit Committee and approved by the Board. The company formally declared, under Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Statutory Auditors M/s. Gurpreet Kaur & Associates issued an Audit Report with an unmodified opinion on the results for the quarter and year ended March 31, 2026. The declaration was signed by Roopinder Singh, Chairman (DIN: 01239483), and submitted to BSE Limited on May 12, 2026.

Historical Stock Returns for Mukat Pipes

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-0.29%+3.38%+17.87%+6.13%+342.01%

Can Mukat Pipes sustain its profitability turnaround in FY2026-27 given that 'other expenses' surged nearly 235% to ₹310.17 lakh, and what is driving this sharp cost increase?

With revenue from operations growing ~37% year-over-year, is Mukat Pipes pursuing new contracts or expanding capacity in the large diameter SAW pipes segment to maintain this growth trajectory?

How might upcoming infrastructure and oil & gas pipeline projects in India impact Mukat Pipes' order book and revenue visibility for the next 1-2 fiscal years?

Mukat Pipes Limited Files Q4FY26 Compliance Certificate Under SEBI Regulations

1 min read     Updated on 12 Apr 2026, 08:12 PM
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Mukat Pipes Limited submitted its Q4FY26 compliance certificate under SEBI regulations on April 10, 2026, covering the quarter ended March 31, 2026. The filing, made through registrar MUFG Intime India Private Limited, confirms proper processing of securities dematerialisation and adherence to prescribed timelines. The ISO 9001-2015 certified pipe manufacturer maintains regulatory compliance as a listed entity on BSE under stock code 523832.

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Mukat pipes Limited has filed its mandatory quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026. The submission fulfills requirements under Regulation 74(5) of SEBI (Depository and Participant) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the compliance certificate on April 10, 2026, through its Chairman Roopinder Singh. The filing was made to BSE Limited under stock code 523832, ensuring adherence to prescribed regulatory timelines.

Filing Details: Information
Quarter Covered: Q4FY26 (ended March 31, 2026)
Filing Date: April 10, 2026
Stock Code: 523832
Regulation: SEBI (Depository and Participant) Regulations, 2018

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) serves as the company's registrar and share transfer agent. The registrar provided confirmation that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed.

The registrar confirmed several key compliance aspects:

  • Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
  • All security certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received were mutilated and cancelled after due verification
  • Depository names have been substituted in the register of members as registered owners

Company Profile

Mukat Pipes Limited operates as an ISO 9001-2015 certified manufacturer specializing in large diameter SAW pipes, including longitudinal welded and spiral welded varieties. The company is headquartered at Rajpura-Patiala Road, NH-7, Rajpura, Punjab.

Company Information: Details
CIN: L27200MH1987PLC044407
GSTIN: 03AAACM7438D1ZU
Certification: ISO 9001-2015
Specialization: Large Diameter SAW Pipes

This quarterly compliance filing represents routine regulatory adherence by the company, ensuring transparency in share transfer and dematerialisation processes for the benefit of shareholders and regulatory authorities.

Historical Stock Returns for Mukat Pipes

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-0.29%+3.38%+17.87%+6.13%+342.01%

What are Mukat Pipes' growth prospects in the large diameter SAW pipes market for FY27?

How might upcoming infrastructure projects impact the company's order book and revenue pipeline?

Will Mukat Pipes consider expanding its product portfolio beyond SAW pipes to capture new market segments?

More News on Mukat Pipes

1 Year Returns:+6.13%