- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-22-0004823

About Muthu Pipes Private Limited
Data last updated:
Muthu Pipes Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 15 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45203TN1999PTC043164. Its GSTIN is 33AACCM8583D1ZH (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Palanivelu Sakthivel (Managing Director) and Palanivelu Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3E Mandira Apts23A North Boag Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.29 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 3.6%) and EBITDA of ₹2.91 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.58 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 1 case is pending.
Muthu Pipes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-22-0004823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muthupipes.webs.com.
Company details
Recognitions & Rankings of Muthu Pipes
Contact details
Muthu Pipes Private Limited's registered office is in Chennai, Tamil Nadu. Its website is muthupipes.webs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3E Mandira Apts23A North Boag Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Muthu Pipes Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Muthu Pipes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Muthu Pipes Private Limited, buy the company report.
Financials of Muthu Pipes Private Limited
FY 2024 filings availableMuthu Pipes Private Limited reported revenue of ₹48.29 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 91% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.72 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Muthu Pipes Private Limited, buy the company report.
Board of directors of Muthu Pipes Private Limited
Muthu Pipes has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanivelu Lakshmi | Director | 01 Oct 2003 | 23 Years 0 Months | Current |
| Palanivelu Vasantha Devi Also directs: Aarum Enterprises LLP, M.M. Green Energy Private Limited | Director | 15 Sep 1999 | 27 Years 1 Months | Current |
| Palanivelu Sakthivel Also directs: Aarum Enterprises LLP, M.M. Green Energy Private Limited | Managing Director | 15 Sep 1999 | 27 Years 1 Months | Current |
| Maruthappa Palanivelu Also directs: Mavis Satcom Limited | Director | 15 Sep 1999 | 27 Years 1 Months | Current |
Peer comparison
Muthu Pipes Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adventec Polymers Private Limited | ₹49.29 Cr (FY 2018) | 3.0% | Kolkata, West Bengal, India | |||
| Gurukripa Manufacturing Private Limited | ₹48.9 Cr (FY 2025) | 1.0% | Varanasi, Uttar Pradesh, India | |||
| Hallmark Aquaequipment Private Limited | ₹48.69 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Brothers Plast Tech Private Limited | ₹48.66 Cr (FY 2024) | 357.0% | Ahmedabad, Gujarat, India | |||
| Sree Sai Mitra Drip Industries Private Limited | ₹48.57 Cr (FY 2025) | 12.0% | Chikkaballapur, Karnataka, India | |||
| Muthu Pipes Private Limitedthis company | ₹48.29 Cr (FY 2025) | ₹1.72 Cr | 3.6% | -18.0% | 6 | Chennai, Tamil Nadu, India |
| Falcon Pipes Private Limited | ₹48.2 Cr (FY 2024) | 30.0% | Gondal, Gujarat, India |
To see the full peer comparison of Muthu Pipes Private Limited, buy the company report.
Auditor
Muthu Pipes Private Limited is audited by T.Baskaran & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.Baskaran & Co | FY 2023 | 203156 |
Shareholding
The shareholding of Muthu Pipes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Muthu Pipes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2019 | 100270629 | Axis Bank Limited | ₹42 Lakh | Open | |
| 09 Jun 2003 | 90285587 | State Bank of India | ₹9.16 Cr | Open |
To see the full charge records of Muthu Pipes Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Muthu Pipes Private Limited has 10 court cases on record: 6 filed by Muthu Pipes, 4 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
To see the full case history of Muthu Pipes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Muthu Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Muthu Pipes Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Muthu Pipes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM8583D1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Muthu Pipes Private Limited, buy the company report.
Recent activity
Muthu Pipes Private Limited has 6 board changes on record since 1999: 4 appointments and 2 cessations. The latest: Maruthappa Palanivelu ceased to be Managing Director on 30 Mar 2019.
Frequently asked questions
Muthu Pipes is an active private limited company based in Chennai, Tamil Nadu, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 15 September 1999 (27+ years old) and is registered under CIN U45203TN1999PTC043164.
Muthu Pipes has 4 current directors:
- Palanivelu Sakthivel - Managing Director
- Palanivelu Lakshmi - Director
- Palanivelu Vasantha Devi - Director
- Maruthappa Palanivelu - Director
The latest financial statements of Muthu Pipes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Muthu Pipes is 33AACCM8583D1ZH, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Muthu Pipes is U45203TN1999PTC043164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthu Pipes has 10 court cases on record: 6 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Muthu Pipes was incorporated on 15 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Muthu Pipes by revenue are Adventec Polymers Private Limited, Gurukripa Manufacturing Private Limited, Hallmark Aquaequipment Private Limited, Brothers Plast Tech Private Limited, Sree Sai Mitra Drip Industries Private Limited and 1 more, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Maruthappa Palanivelu ceased to be Managing Director on 30 Mar 2019. Palanivelu Sakthivel ceased to be Director on 30 Mar 2019. Palanivelu Lakshmi was appointed as Director on 01 Oct 2003. Muthu Pipes has 6 board changes on record in total.
Yes, Muthu Pipes is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-22-0004823).
Muthu Pipes can be reached through the website muthupipes.webs.com. Its registered office is in Chennai, Tamil Nadu, India.

