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MUKAT PIPES LTD.

23 October 2026 | 10:46

Industry >> Steel - Tubes/Pipes

Select Another Company

ISIN No INE862C01029 BSE Code / NSE Code 523832 / MUKATPIP Book Value (Rs.) -5.88 Face Value 5.00
Bookclosure 14/09/2024 52Week High 34 EPS 0.05 P/E 332.22
Market Cap. 17.69 Cr. 52Week Low 12 P/BV / Div Yield (%) -2.54 / 0.00 Market Lot 1.00
Security Type Other

ACCOUNTING POLICY

You can view the entire text of Accounting Policy of the company for the latest year.
Year End :2025-03 

1. SIGNIFICANT ACCOUNTING POLICIES

a) Method of Accounting

The Company maintains its accounts on mercantile basis. However, certain escalations and other claims which are not ascertainable/acknowledged by customers / suppliers are taken into account only on such acknowledgment by customers / suppliers.

b) Fixed Assets

Fixed Assets are stated at Historical Cost of Acquisition or Construction Cost less Depreciation. Attributable cost and expenses of bringing the assets to working condition for their intended use are capitalized.

c) Depreciation

Depreciation on Fixed Assets is provided on Straight Line Method at the rate and in the manner prescribed in Schedule II to the Companies Act.2013 with effect from 1, April, 2014.

d) Inventories

Inventories are valued as under :-

i) Raw material and other Inventories

At Cost.

ii) Work in Process

At Estimated Cost.

iii) Finished Goods

At Cost or Market Value whichever is lower.

iv) Scrap

At Market Value.

e) Gratuity

The company has provided for Gratuity liability on estimated basis. No Actuarial Valuation has been made.

f) Income Recognition

i) Excise duty/Gst liability on manufactured goods lying in the factory premises in not provided for and is also not included in the valuation of stock.

g) Foreign Currencies

There has been no transaction in Foreign Exchange