Kisan Mouldings

What Kisan Mouldings does

Kisan Mouldings Limited (KML) is an Indian plastics processing company founded in 1982 by Sanjeev Aggarwal, headquartered in Mumbai. The company manufactures PVC, CPVC, HDPE, and uPVC pipes and fittings for water management, irrigation, water distribution, and sewage disposal, with an annual polymer processing capacity of approximately 40,000 metric tonnes across three operational facilities in Tarapur, Silvassa (Khadoli), and Dewas. Two additional facilities are not currently operational.

The product portfolio spans plumbing systems (KML Classic CPVC, Free Flow uPVC, Composite PE-AL-PE), drainage systems (PERMAFIT SWR with co-moulded ring sealing), irrigation systems (drip and sprinkler), and infrastructure products including bi-axially oriented uPVC submersible pipes, casing pipes, conduit pipes, and PLB duct pipes. The company also produces the Kisan Crest moulded furniture line under a separate consumer-facing brand. Notable intellectual property includes a design patent for the Kisan Barish rainwater harvesting system.

KML operates a B2B distribution model through more than 100 distributors and 3,000+ dealers across India, supported by seven branch offices in major cities. FY 2025-26 sales were Rs 249.33 crore (down 8.67% YoY from Rs 273.01 crore), and the company reported a Rs 7.42 crore net loss versus a Rs 3.39 crore profit the prior year. Apollo Pipes Limited acquired a controlling 56.08% stake (for approximately INR 260 crore in 2023, plus a subsequent INR 2.89 crore secondary purchase) and has approved a Scheme of Arrangement to amalgamate KML and its subsidiary KML Tradelinks into Apollo Pipes, with an appointed date of April 1, 2026.

Name

Kisan Mouldings

Legal name

Kisan Mouldings Limited

Website

https://kisangroup.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kisan Mouldings Limited is an Indian plastics manufacturer producing PVC, CPVC, HDPE, and uPVC pipes and fittings for plumbing, irrigation, drainage, and infrastructure applications, serving farmers, builders, contractors, and consumers through a pan-India distribution network.

Ownership category

akta.pro rank

Product category

Plastic Pipes and Fittings

NAICS

Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing (32612), Plastics Product Manufacturing (3261)

SIC

Miscellaneous Plastics Products (3080)

akta.pro primary industry

Irrigation & Agricultural Pipe & Fittings (IMANADAE)

Keywords

• Plastic pipe manufacturing
• PVC pipes and fittings
• Irrigation systems
• Plumbing solutions
• Water management systems

Headquarters

HQ city

Andheri

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Pipes and Fittings Sales: Manufacture and sale of PVC, CPVC, HDPE, uPVC pipes and fittings for plumbing, irrigation, drainage, and infrastructure applications. Revenue generated through wholesale distribution to dealers and direct institutional sales. FY 2025-26 annual sales: Rs 249.33 crore.
2. Moulded Furniture Sales: Sale of Kisan Crest Moulded Furniture including chairs, dining tables, center tables, stools made from Virgin Polypropylene. Products sold through dealers and retailers across India.
3. Accessories Sales: Sale of complementary products including Solvent Cement, Rubber Lubricants, and Ghamelas. These products support pipe installation and maintenance.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Kisan Mouldings Limited is one of India's largest plastics processing companies, handling around 40,000 metric tonnes of polymers annually. The company manufactures PVC, CPVC, HDPE, and uPVC pipes and fittings for water management, irrigation, water distribution, and sewage disposal applications, alongside moulded furniture and accessories.

Product overview

Kisan Mouldings Limited (KML) is one of India's largest plastics processing companies, handling around 40,000 metric tonnes of polymers each year. The company operates as a multi-location, multi-product manufacturer since its inception in 1982, producing a comprehensive portfolio of piping solutions and moulded products. The core product portfolio centers on PVC, CPVC, uPVC, and HDPE pipes and fittings for water management, plumbing, irrigation, and infrastructure applications. This includes the KML Classic CPVC Plumbing System and Free Flow uPVC Plumbing System for residential/commercial plumbing; the Composite Piping System for multi-layer applications; and the SWR Drainage System with its Permafit sub-brand for drainage. The irrigation division encompasses Drip Irrigation Systems and Sprinkler Irrigation Systems for agricultural water management, complemented by the proprietary Kisan Barish Rain Water Harvesting System (design patent holder in India). Supporting infrastructure products include Submersible Pipes, Casing Pipes, Rigid uPVC Pipes, Conduit Pipes, PLB Duct Pipes, and Underground Drainage Pipes. The fittings range includes Moulded Fittings, Fabricated Fittings, and Conduit Fittings. Ancillary products include Solvent Cement and Rubber Lubricants for pipe installation. A separate consumer division produces Kisan Crest Moulded Furniture (chairs, tables, stools in multiple series) and Ghamelas under the plastics processing umbrella. The company serves through 5 manufacturing facilities across Tarapur, Silvassa (Khadoli), and Dewas, with distribution through 100+ distributors and 3000+ dealers across India.

Differentiator

Problem solved

Functional benefit

Brands

• KML Classic: Product line including CPVC plumbing system, submersible pipes, and related fittings
• PERMAFIT
• Kisan Crest
• Kisan Barish
• Free Flow
• Firmseal

Products and services

• KML Classic CPVC Plumbing System Premium CPVC (Chlorinated Polyvinyl Chloride) piping system for hot and cold water plumbing in residential, commercial, and industrial applications. Includes pipes and fittings in various schedules (Sch 40, Sch 80) and classes (Class 1, Class 2).
• Free Flow uPVC Plumbing System (ASTM) ASTM-compliant unplasticized polyvinyl chloride plumbing system for potable water conveyance, manufactured as per ASTM D 1785 standards in Schedule 40 and 80 pressure classes, available in nominal bore of 1/2 to 4 inches diameter.
• Composite Piping System Multi-layer PE-AL-PE (Polyethylene-Aluminum-Polyethylene) composite piping system combining advantages of plastic and metal. Suitable for hot and cold water plumbing, central heating, underfloor heating, chemical and gas transportation, compressed air, and solar applications.
• SWR Drainage System Soil, Waste & Rainwater (SWR) uPVC drainage system for residential and commercial drainage and sewerage applications. Available in Permafit and Classic ranges, diameters from 40mm to 200mm.
• Permafit SWR Pipes & Fittings Advanced SWR drainage range using co-moulded rings with advanced technology for leak-proof, long-lasting performance under high flow rates. BIS certified conforming to IS:13592 for pipes and IS:14735 for fittings.
• HDPE Pipes High Density Polyethylene pipes for water supply, bore well, sprinkler and lift irrigation, drip irrigation, cable ducting, sewerage/drainage, and natural gas pipelines. Available in sizes 20 to 630mm OD with pressure ratings from PN-2.5 to PN-16.5.
• Drip Irrigation Systems Complete drip irrigation system for water and fertilizer savings by allowing water to drip slowly to plant roots. Includes LLDPE laterals, inline drippers, filters, and fertigation systems.
• Sprinkler Irrigation Systems Portable sprinkler irrigation systems with gun metal sprinklers, HDPE pipes, and fittings for agricultural applications. Available in 63mm, 75mm, and 90mm sizes with various pressure ratings.
• Kisan Barish Rain Water Harvesting System First customized range of pipes and leak-proof fittings in India for collecting and directing rainwater to storage destinations for groundwater recharge. Design patent holder in India.
• Submersible Pipes New Generation KML Classic bi-axial oriented thick-thin uPVC submersible/column pipes for bore wells and tube wells. Designed to withstand high tensile loads with Standard, V4, and Eco ranges.
• Casing Pipes KML Classic casing pipes for protecting submersible pipes in bore wells. Manufactured as per IS 12818, available in 40mm to 250mm ID, color coded in blue for identification.
• Rigid uPVC Pipes KML Classic Rigid UPVC pipes manufactured as per IS 4985:2000 standards. Available in Plain, Socketed, and Firmseal (Ringfit) variants in sizes 20 to 400mm.
• Conduit Pipes Kisan Circle Ark Round Conduit Pipes for channelizing concealed and surface wiring, telecommunication, and cable ducting. Available in light, medium, and heavy ranges in sizes 16 to 63mm.
• PLB Duct Pipes HDPE duct pipes coated inside with silicon for permanent lubrication, used as underground cable conduits for optical fiber and communication cables. Manufactured as per DOT Specification GR/CDS-08/02.
• Underground Drainage Pipes uPVC pipes for underground drainage and sewerage systems, color coded brown. Available in sizes 110mm to 315mm with SN-2, SN-4, and SN-8 pressure ratings.
• Moulded Fittings Injection moulded PVC fittings for agricultural and plumbing applications. Includes couplers, elbows, tees, reducers, adapters, and service saddles in sizes 20-250mm.
• Fabricated Fittings

Quantifiable outcome

• Products have a lifespan of over 50 years when properly installed
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators9 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Skipper Limited: Indian manufacturer of PVC pipes and fittings for plumbing, irrigation, and water supply. Competes directly with Kisan in the domestic pipes market, particularly in eastern and central India.
• Apollo Pipes Limited: Listed Indian plastic pipes manufacturer and now the controlling shareholder (56.08%) and merger counterparty of Kisan Mouldings; offers overlapping PVC/CPVC/HDPE product lines and is consolidating Kisan's operations into its own structure.
• Astral Pipes: Premium plumbing and drainage piping brand in India offering CPVC, PVC, uPVC, and HDPE systems. Astral directly competes with Kisan in residential/commercial plumbing and SWR drainage channels.
• Prince Pipes and Fittings: Pan-India manufacturer of plumbing, irrigation, and drainage piping systems including CPVC, uPVC, HDPE, and PPR pipes. Competes with Kisan across plumbing, agriculture, and infrastructure segments with a comparable multi-tier distribution model.
• Supreme Industries: India's largest plastic pipes and fittings manufacturer, offering PVC, CPVC, HDPE pipes for plumbing, irrigation, and drainage — directly competing with Kisan across the same product categories, channels, and customer segments.
• Jain Irrigation Systems: India's largest micro-irrigation company offering drip, sprinkler, and HDPE piping solutions for agriculture. Direct competitor in Kisan's irrigation segment with comparable farmer-channel focus.
• Finolex Industries: Leading manufacturer of PVC pipes and fittings for agriculture, plumbing, and industrial applications in India, with comparable product range (PVC/CPVC/uPVC pipes) and overlapping dealer network in rural and semi-urban markets.

Emerging players

• Captain Pipes (Captain Polyplast): Smaller Indian manufacturer of PVC/CPVC/HDPE pipes for plumbing and agriculture; emerging player with partial overlap to Kisan's product mix and target customer base.

Broad incumbents

• Ashirvad Pipes (Aliaxis): Subsidiary of global Aliaxis group and a large incumbent in Indian CPVC and uPVC plumbing systems. Wider product portfolio and international backing but overlaps with Kisan in residential plumbing and SWR drainage channels.

Regional players

• Vectus Industries: Plastic pipes and storage tanks manufacturer focused on North and Central India markets, offering PVC, CPVC, and HDPE products comparable to Kisan's core range.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=WUmBoMerkZE&list=PLYNiPwz6mF5sNSvbcDT8DuZDaWD0giaKE

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kisan Mouldings