Malpani Pipes And Fittings Ltd

Dematerialisation details

• Certificate and details of dematerialised shares for the quarter were received from the RTA.

Internal Auditor Changes ️

• CA Aman Jain resigned as Internal Auditor effective March 10, 2026, citing pre-occupancy in other assignments.
• Jain confirmed no other material reasons for resignation and will assist in transition.
• CA Aditya Parwal appointed as Internal Auditor effective March 11, 2026, for FY 2025-26.
• Parwal is a Chartered Accountant with 6+ years’ experience in Taxation, Audit, and Financial Compliance.
• Parwal is Proprietor of M/s. Aditya Parwal & Associates, providing financial advisory and audit services.
• No relationship between Parwal and other directors or management disclosed.
• Change maintains compliance with internal audit requirements for FY 2025-26.

Financial Performance 📊

• Q3 FY26 revenue was ₹4,665.17 Lakhs, up 36.97% year-on-year.
• Nine-month FY26 revenue reached ₹11,621.31 Lakhs, a 26.60% year-on-year increase.
• Margins remained stable compared to H1 FY26.

Business Developments 📍

• Partnership with Yongkang Gaocheng, China, began execution in November 2025.
• Dealer and distributor network expansion ongoing.

Order Book 📦

• Order book stands at approximately ₹70+ crores.

Outlook 🗓️

• Management expects sustained growth momentum despite challenging macroeconomic conditions.