![]() Perma-Pipe Perma-Pipe International Holdings (formerly known as MFRI) is a company that engineers, designs, manufactures, and sells specialty piping and leak detection systems. | ||
Founding Date | Founding Date 1997 | Founding Date 1993 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Qufu, CN HQ | Locations The Woodlands, US HQ Calgary, CA Al Shorouk, EG Mithi Rohar, IN Mumbai, IN Dubai, AE Lebanon, US see more |
Employees | Employees 1,519 | Employees 7508% decrease |
Valuation ($) | Valuation ($) 413.9 m | Valuation ($) 103.6 m |
Financial | ||
Revenue (est.) | Revenue (est.) ¥2b (FY, 2025) | Revenue (est.) $210.9m (FY, 2026) |
Cost of goods | Cost of goods ¥1.8b (FY, 2025) | Cost of goods $141.4m (FY, 2026) |
Gross profit | Gross profit ¥417.7m (FY, 2025) | Gross profit $69.5m (FY, 2026) |
Net income | Net income ¥248.5m (FY, 2025) | Net income $20.6m (FY, 2026) |

Perma-Pipe International Holdings (formerly known as MFRI) is a company that engineers, designs, manufactures, and sells specialty piping and leak detection systems.
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