Malpani Pipes And Fittings (BOM:544351) ROE %: 19.39% (As of Mar. 2026) — 26% Below Median

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BOM:544351 Malpani Pipes And Fittings Ltd BOM:544351
16 GF Score
Price ₹67.00
! 5 Warning Signs
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What is Malpani Pipes And Fittings ROE %?

Malpani Pipes And Fittings BOM:544351 16 ROE % is 19.39% as of Mar. 2026, which is 26% below its 10-year median of 26.24. GuruFocus rates BOM:544351 with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,588 Chemicals companies, Malpani Pipes And Fittings ranks better than 88.66% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Malpani Pipes And Fittings's annualized net income for the quarter that ended in Mar. 2026 was ₹103 Mil. Malpani Pipes And Fittings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹531 Mil. Therefore, Malpani Pipes And Fittings's annualized ROE % for the quarter that ended in Mar. 2026 was 19.39%.

The historical rank and industry rank for Malpani Pipes And Fittings's ROE % or its related term are showing as below:

BOM:544351' s ROE % Range Over the Past 10 Years
Min: 17.65   Med: 26.24   Max: 71.22
Current: 17.72

During the past 5 years, Malpani Pipes And Fittings's highest ROE % was 71.22%. The lowest was 17.65%. And the median was 26.24%.

BOM:544351's ROE % is ranked better than
88.66% of 1588 companies
in the Chemicals industry
Industry Median: 5.655 vs BOM:544351: 17.72

Malpani Pipes And Fittings  (BOM:544351) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=102.984/531.0895
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(102.984 / 1869.436)*(1869.436 / 1155.9155)*(1155.9155 / 531.0895)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.51 %*1.6173*2.1765
=ROA %*Equity Multiplier
=8.91 %*2.1765
=19.39 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=102.984/531.0895
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (102.984 / 139.336) * (139.336 / 175.49) * (175.49 / 1869.436) * (1869.436 / 1155.9155) * (1155.9155 / 531.0895)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7391 * 0.794 * 9.39 % * 1.6173 * 2.1765
=19.39 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Malpani Pipes And Fittings ROE % Related Terms


Malpani Pipes And Fittings ROE % Historical Data

* Premium members only.

The historical data trend for Malpani Pipes And Fittings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Malpani Pipes And Fittings ROE % Chart

Malpani Pipes And Fittings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
23.67 43.35 71.22 26.24 17.65

Malpani Pipes And Fittings Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial 0.00 42.52 21.06 15.97 19.39

BOM:544351 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Malpani Pipes And Fittings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Malpani Pipes And Fittings ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Malpani Pipes And Fittings's ROE % distribution charts can be found below:

* The bar in red indicates where Malpani Pipes And Fittings's ROE % falls into.


BOM:544351
16GF Score
Malpani Pipes And Fittings Ltd BOM:544351
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Malpani Pipes And Fittings ROE % Calculation

Malpani Pipes And Fittings's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=90.291/( (466.544+556.836)/ 2 )
=90.291/511.69
=17.65 %

Malpani Pipes And Fittings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=102.984/( (505.343+556.836)/ 2 )
=102.984/531.0895
=19.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 19.39% mean?
Malpani Pipes And Fittings (BOM:544351) has a ROE % of 19.39% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Malpani Pipes And Fittings and its competitors. This is 26% below median its historical median of 26.24. Over the past decade, Malpani Pipes And Fittings' ROE % has ranged from 17.65 to 71.22. According to the industry distribution chart, Malpani Pipes And Fittings ranks #180 out of 1588 companies in the Chemicals industry, placing it in the top 11.3%.
Is Malpani Pipes And Fittings' ROE % too high?
Malpani Pipes And Fittings' current ROE % of 19.39% is 26% below median its 10-year median of 26.24. Over the past 10 years, this metric has ranged from a low of 17.65 to a high of 71.22. The Chemicals industry median ROE % is 5.66. Malpani Pipes And Fittings' value of 19.39% is 242.9% above this industry median. Based on the distribution chart, Malpani Pipes And Fittings ranks #180 out of 1588 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Malpani Pipes And Fittings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Malpani Pipes And Fittings' ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Malpani Pipes And Fittings ranks #180 out of 1588 companies for ROE %. This places Malpani Pipes And Fittings in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 5.66. Malpani Pipes And Fittings' value of 19.39% is 242.9% above this benchmark. Historically, Malpani Pipes And Fittings' own ROE % has ranged from 17.65 to 71.22 over the past decade. While the company's 10-year median is 26.24 vs. the industry median of 5.66, Malpani Pipes And Fittings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.66, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Malpani Pipes And Fittings's current ROE % of 19.39% is 242.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Malpani Pipes And Fittings and its competitors. For the Chemicals industry, the median ROE % is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malpani Pipes And Fittings's current ROE % is 19.39%, which is 26% below median its own 10-year median of 26.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malpani Pipes And Fittings stock overvalued right now?
Malpani Pipes And Fittings (BOM:544351) has a current ROE % of 19.39%. The current ROE % is 19.39%, which is 26% below median its 10-year median of 26.24 and 242.9% above the Chemicals industry median of 5.66. Malpani Pipes And Fittings' overall GF Score™ is 16/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Malpani Pipes And Fittings (BOM:544351), the current ROE % is 19.39% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Malpani Pipes And Fittings Business Description

Address Sector B Industrial Area, 65-A, Ratlam, MP, IND, 457001
Malpani Pipes And Fittings Ltd manufactures a range of high-grade plastic pipes. Its products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name. The company is also engaged in the trading of granules and PVC pipes, as well as the sale of services. It distributes its products to both wholesalers and retailers. Additionally, the company supplies pipes for government projects through authorized contractors involved in local, state or federal development schemes. Also, It supplies pipes to farmers in terms of farmer welfare policies launched by the Central or State Government.
16GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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