Mukat Pipes Ltd

Mukat Pipes Ltd (MUKATPIPE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-22.21 %
3 Month Return-31.13 %
1 Year Return58.39 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 66
Rank 66
Rank 71
Dividend Yield
Rank 22
Rank 86
Price To Book Ratio
Rank 66
Debt To Asset
Rank 71

Company Information

Incorporated in 1987 as a closelyheld company Mukat Pipes was promoted by B S Ahuwalia and his two sons to manufacture Submerged Arc WeldedSAW pipes. Initially the company had facilities in Patiala to manufacture 5000 tpa of large diameter ranging from 16 inches to 60 inches SAW pipes upto 6 mtr in length and upto 20 mm thickness.Mukat Pipes entered the capital market by making a public issue in Jan.93 to partfinance a Rs 16.9cr expansion scheme to increase the installed capacity of SAW pipes from 5000 tpa to 20000 tpa to enable the company to produce pipes of greater diameters upto 130 inches. Even though Mukats capacity 20600 tpa is small compared to that of SAW Pipes 250000 tpathe company had capacity of producing pipes of diameters ranging from 16 inches to 130 inches whereas SAW Pipes is limited to pipes of diameters only upto 40 inches.The products are used in rigorous applications such as transportation of oil gas chemicals slurry water and sewage as well as transportation of solids using air or liquid propellants. They are also used for the erection of oil rig platforms. One of its units at Baramati completed the expansion project in 200203 and the production commenced in the same year.
OrganisationMukat Pipes Ltd