Muller & Phipps (India) Ltd.

BSE: MULLER501477ISIN INE003F01015

Services
Trading & Distributors

Share price

₹200.00-4.00 (-1.96%)

as of 15 Oct 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹264.00
52W low: ₹188.10
Off 52W high: -24.24%
1M return: -3.10%
3M return: -6.02%
6M return: -9.09%
1Y return: -20.00%
20D avg volume: 59
50 DMA: ₹211.28
200 DMA: ₹224.13

Key ratios Consolidated

Market cap: ₹12.50 Cr
Current price: ₹200.00
52W high / low: ₹264.00 / ₹188.10
Face value: ₹10.00
P/E: -19.78
P/B: —
EPS (TTM): ₹-10.11
Book value / share: —
ROE: —
ROCE: 1.70%
Operating margin: —
Net margin: —
Debt / equity: -0.36
Net debt: ₹0.62 Cr
Interest cover: 0.38
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 79.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	1.48	1.50	1.39	1.82	0.92	1.70	1.51	1.21	1.49	—
	0.32	0.08	0.06	0.06	1.07	0.07	0.09	0.06	0.06	—
	1.68	1.91	1.84	1.91	1.30	2.24	1.72	1.51	1.49	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.39	0.52	0.46	0.62	0.42	0.53	0.58	0.44	0.66	—
	0.56	0.65	0.66	0.62	0.58	0.69	0.62	0.60	0.47	—
	0.02	0.02	0.02	0.02	0.03	0.02	0.02	0.01	0.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.60	0.72	0.69	0.57	0.41	0.86	—	—	—	—
	0.12	-0.33	-0.39	-0.03	0.70	-0.47	-0.12	-0.23	0.06	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.12	-0.33	-0.39	-0.03	0.70	-0.47	-0.12	-0.23	0.06	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.12	-0.33	-0.39	-0.03	0.70	-0.47	-0.12	-0.23	0.06	—
	1.83	-5.25	-6.18	-0.50	11.17	-7.47	-1.92	-3.71	0.99	—
Key metrics
	0.14	-0.31	-0.37	-0.01	0.73	-0.45	-0.10	-0.22	0.07	—
	9.50%	-20.70%	-26.60%	-0.50%	79.30%	-26.50%	-6.60%	-18.20%	4.70%	—
	8.10%	-22.00%	-28.10%	-1.60%	76.10%	-27.60%	-7.90%	-19.00%	4.00%	—
	—	-17.60%	—	-0.40%	—	-23.70%	—	—	—	—
	60.90%	-11.80%	-7.90%	50.40%	-38.30%	—	—	—	—	—
	-82.90%	29.80%	-225.00%	87.00%	1,066.70%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	6.19	5.63	5.92	—
	0.52	1.28	0.28	—
	7.34	6.96	6.96	—
	0.00	0.00	0.00	—
	1.99	2.02	2.21	—
	2.49	2.51	2.38	—
	0.08	0.08	0.06	—
	0.00	0.01	0.01	—
	2.58	2.39	2.25	—
	-0.63	-0.05	-0.76	—
	0.00	0.00	0.00	—
	-0.63	-0.05	-0.76	—
	0.00	0.00	0.00	—
	-0.63	-0.05	-0.76	—
	-10.10	-0.76	-12.11	—
Key metrics
	-0.55	0.04	-0.69	—
	-8.89%	0.70%	-11.70%	—
	-10.18%	-0.90%	-12.80%	—
	—	1.70%	-36.80%	—
	15.92%	-4.90%	—	—
	—	93.40%	—	—
	—	0.12	-0.42	—
	—	-2.40	0.55	—
	—	-0.36	-0.39	—
	—	0.62	0.70	—
	—	79.1	68.5	—
Balance sheet
	—	5.90	5.72	—
	—	2.23	2.07	—
	—	0.13	0.12	—
	—	1.78	1.76	—
	—	0.16	0.10	—
	—	—	0.08	—
	—	0.05	0.06	—
	—	0.72	0.75	—
	—	4.14	3.82	—
	—	0.75	0.82	—
	—	0.00	0.00	—
	—	0.75	0.82	—
	—	-2.08	-2.08	—
Cash flow
	—	0.12	-0.42	—
	—	0.00	-0.01	—
	—	-0.11	0.05	—
	—	0.00	0.00	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	1.48	1.50	1.39	1.82	0.92	1.70	1.51	1.21	1.49	—
	0.32	0.08	0.06	0.06	1.07	0.07	0.09	0.06	0.06	—
	1.68	1.92	1.84	1.90	1.29	2.24	1.72	1.50	1.49	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.39	0.52	0.46	0.62	0.42	0.53	0.58	0.44	0.66	—
	0.56	0.66	0.66	0.62	0.58	0.69	0.62	0.60	0.48	—
	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.60	0.71	0.69	0.56	0.41	0.86	0.53	—	—	—
	0.12	-0.33	-0.39	-0.02	0.70	-0.47	-0.12	-0.22	0.06	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.12	-0.33	-0.39	-0.02	0.70	-0.47	-0.12	-0.22	0.06	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.12	-0.33	-0.39	-0.02	0.70	-0.47	-0.12	-0.22	0.06	—
	1.85	-5.33	-6.17	-0.36	11.17	-7.51	-1.90	-3.56	1.00	—
Key metrics
	0.14	-0.31	-0.37	0.00	0.72	-0.45	-0.10	-0.21	0.07	—
	9.50%	-20.70%	-26.60%	0.00%	78.30%	-26.50%	-6.60%	-17.40%	4.70%	—
	8.10%	-22.00%	-28.10%	-1.10%	76.10%	-27.60%	-7.90%	-18.20%	4.00%	—
	—	-17.50%	—	0.00%	—	-23.60%	—	—	—	—
	60.90%	-11.80%	-7.90%	50.40%	-38.30%	—	—	—	—	—
	-82.90%	29.80%	-225.00%	90.90%	1,066.70%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	6.19	5.63	5.92	—
	0.52	1.28	0.28	—
	7.34	6.94	6.95	—
	0.00	0.00	0.00	—
	1.99	2.02	2.21	—
	2.50	2.51	2.38	—
	0.08	0.08	0.06	—
	0.00	0.01	0.01	—
	2.56	2.38	2.24	—
	-0.62	-0.03	-0.75	—
	0.00	0.00	0.00	—
	-0.62	-0.03	-0.75	—
	0.00	0.00	0.00	—
	-0.62	-0.03	-0.75	—
	-10.01	-0.50	-11.97	—
Key metrics
	-0.54	0.06	-0.68	—
	-8.72%	1.10%	-11.50%	—
	-10.02%	-0.50%	-12.70%	—
	—	2.80%	-36.10%	—
	15.92%	-4.90%	—	—
	—	96.00%	—	—
	—	0.12	-0.43	—
	—	-4.00	0.56	—
	—	-0.37	-0.40	—
	—	0.63	0.72	—
	—	79.1	68.5	—
Balance sheet
	—	5.89	5.72	—
	—	2.23	2.06	—
	—	0.13	0.12	—
	—	1.78	1.76	—
	—	0.16	0.10	—
	—	—	0.08	—
	—	0.05	0.06	—
	—	0.72	0.75	—
	—	4.12	3.81	—
	—	0.76	0.84	—
	—	0.00	0.00	—
	—	0.76	0.84	—
	—	-2.06	-2.08	—
Cash flow
	—	0.12	-0.42	—
	—	0.00	-0.01	—
	—	-0.12	0.05	—
	—	0.00	0.01	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +15.92%
Profit YoY (TTM): -463.64%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +15.92%
Profit YoY (TTM): -425.00%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.63%

Quarter	September 2026	June 2026
Promoter %	51.63%	51.63%

Holder	Type	Holding	Previous	Change
Development Holdings Asia Ltd.	Promoter	51.63%	—	—
Swar Investments And Trading Co Pvt Ltd	Public	9.02%	9.02%	0.00%
Satyajyoti Holdings Private Limited	Public	7.92%	7.92%	0.00%
Chandra Prabha Gandhi	Public	3.03%	3.03%	0.00%
Rekha Bhupendra Dalal	Public	2.72%	2.72%	0.00%
Vishal Gandhi	Public	2.49%	2.49%	0.00%
Dravya Finance Limited	Public	1.70%	1.70%	0.00%
Pursarth Trading Company Pvt Ltd	Public	1.10%	1.10%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY (TTM)	Profit YoY (TTM)	1Y return
Redington Limited	29,993	392.10	20.37	19.00%	+23.20%	-18.07%	+41.58%
MMTC Ltd.	8,480	57.02	19.39	21.60%	-19.71%	+355.55%	-16.17%
MSTC Limited	4,556	649.35	19.51	31.80%	+21.02%	-44.88%	+20.16%
CREATIVE NEWTECH LIMITED	1,766	1,155.75	—	26.40%	—	—	—
BN AGROCHEM LIMITED	1,648	168.60	96.55	4.20%	+84.51%	-60.97%	-56.77%
Pervasive Commodities Limited S	1,110	12.57	—	0.00%	+25.63%	-8.33%	—
RRP DEFENSE LIMITED S	827	602.60	-340.45	-8.00%	+39.37%	-364.13%	-12.62%
The Yamuna Syndicate Ltd	799	26,620.00	8.96	0.30%	+11.33%	-16.43%	-22.39%
Shiv Aum Steels Limited	759	558.25	—	—	—	—	—
Riddhi Siddhi Gluco Biols Ltd	677	710.00	-29.33	2.80%	-37.98%	+38.40%	+30.07%
State Trading Corporation of India	641	108.00	—	-16.70%	—	—	-20.47%
SMT ENGINEERING LIMITED	534	294.90	21.72	24.80%	+248.17%	+377.43%	+295.73%
Oswal Agro Mills Ltd.	499	31.84	-12.44	1.50%	-99.98%	-127.15%	-55.09%
Arvaya Healthcare Limited S	475	100.85	-240.12	-2.10%	-47.37%	-2,742.86%	+111.34%
Filtron Engineers Ltd. S	465	77.00	1,540.00	0.30%	-100.00%	+363.64%	+133.76%
Balgopal Commercial limited	393	169.00	-73.15	-12.50%	-96.08%	-231.62%	-27.14%
Kothari Products Ltd.	370	61.87	18.99	1.60%	+7.57%	+124.93%	-33.03%
Novalum Materials Limited S	330	50.23	59.09	7.70%	+290.48%	+239.39%	+81.99%
PIPAN OILS LIMITED S	323	184.25	-118.11	-191.70%	—	-1,342.11%	+58.34%
VEGA JEWELLERS LIMITED S	315	61.95	10.45	31.50%	+465.43%	+873.55%	—
Chandrima Mercantiles limited S	298	9.41	134.43	4.30%	+169.92%	+388.24%	+23.98%
Polo Queen Industrial and Fintech Limited	245	7.20	115.30	2.50%	-2.02%	-15.56%	-82.18%
Sakuma Exports Ltd.	232	1.51	22.17	1.80%	-13.44%	-0.93%	-36.82%
VIKAS LIFECARE LIMITED	221	1.21	—	13.50%	+4.03%	-946.41%	-42.65%
Aviva Industries Limited S	209	64.19	80.24	3.40%	—	+1,281.82%	+21.14%
Muller & Phipps (India) Ltd.	13	200.00	-19.78	1.70%	+15.92%	-425.00%	-20.00%

Filings & corporate actions

Recent announcements

We herewith enclosed the certificate under Reg74(5) for the quarter ended 30-09-20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Scrutinizers Report29 Sep 2026 · AGM/EGM / AGM
Closure of trading window29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
OUTCOME OF THE 109TH AGM28 Sep 2026 · AGM/EGM / AGM
Newspaper Advertisement in relation to 109th AGM of the company7 Sep 2026 · Company Update / Newspaper Publication
Annual report for the year ended 31-03-20264 Sep 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication of Unaudited Financials Results for the quarter ended 30-06-202617 Aug 2026 · Company Update / Newspaper Publication
Annual general meeting14 Aug 2026 · AGM/EGM / AGM
Book Closure14 Aug 2026 · Corp. Action / Book Closure
Results for the quarter ended 30-06-202614 Aug 2026 · Result / Financial Results
Unaudited Results for the quarter ended 30-06-202614 Aug 2026 · Board Meeting / Outcome of Board Meeting
Muller & Phipps India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Regulation 2015, we wish ....7 Aug 2026 · Board Meeting / Board Meeting
Certificate under Reg 74(5)15 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding trading restriction period will commence from July 01, 2026 till 48 hours after declaration of the unaudited financial results for the quarter ended 30-06-202629 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication in relation to the audited financial results for the quarter and year ended 31-03-20261 Jun 2026 · Company Update / Newspaper Publication
Results for 31-03-202628 May 2026 · Result / Financial Results
Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 we would like to inform you that the Board of Directors ....28 May 2026 · Board Meeting / Outcome of Board Meeting
Reg 24A certificate for year ended 31-03-202628 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Muller & Phipps India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Pursuant to Regulation ....15 May 2026 · Board Meeting / Board Meeting
We hereby enclosed the Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation 2018 for the quarter ended 31-03-20266 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Trading restriction period will commence from April 01, 2026 till 48 hours after the declaration of Audited Financial Results for the quarter and year ended 31-03-202625 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication for unaudited Financial results for the quarter and nine months ended 31-12-202513 Feb 2026 · Company Update / Newspaper Publication
Results for the quarter and nine month ended 31-12-202511 Feb 2026 · Result / Financial Results
Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 we would like to inform you that the Board of Directors ....11 Feb 2026 · Board Meeting / Outcome of Board Meeting
Muller & Phipps India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2026 ,inter alia, to consider and approve Pursuant to Regulation ....2 Feb 2026 · Board Meeting / Board Meeting
Compliance Certificate for the quarter ended 31-12-2025 under Reg 74(5)8 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window26 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication of unaudited financial results for the quarter and half year ended 30-09-202513 Nov 2025 · Company Update / Newspaper Publication
Unaudited results for 30-09-202511 Nov 2025 · Result / Financial Results
Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 we would like to inform you that the Board of Directors ....11 Nov 2025 · Board Meeting / Outcome of Board Meeting
Muller & Phipps India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 ,inter alia, to consider and approve Pursuant to Regulation ....5 Nov 2025 · Board Meeting / Board Meeting
Certificate under Reg 74(5) for the quarter ended 30-09-20259 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window from October 01, 2025 till 48 hours after the declaration of unaudited Financial results for the quarter and half year ended 30-09-202529 Sep 2025 · Insider Trading / SAST / Closure of Trading Window
Scrutinizers report for the 108th AGM24 Sep 2025 · AGM/EGM / AGM
Proceedings of the 108th AGM of the Company held on September 23, 2025 at 3.00 pm and concluded on 3.22 p.m23 Sep 2025 · AGM/EGM / AGM
Newspaper publication in relation to 108th AGM Notice1 Sep 2025 · Company Update / Newspaper Publication
Annual report 31-03-202529 Aug 2025 · Others / Reg. 34 (1) Annual Report
Newspaper publication of unaudited Financial results for 30-06-202514 Aug 2025 · Company Update / Newspaper Publication
Revised results for the quarter ended 30-06-202513 Aug 2025 · Result / Financial Results
Annual General Meeting of the shareholders12 Aug 2025 · AGM/EGM / AGM

Board meetings

14 Aug 2026 Board Meeting - Financial Results