Aik Pipes & Polymers Ltd Stock Price Today (NSE: AIKPIPES)

Aik Pipes & Polymers Ltd

25.36+1.20 (+4.97%)
Market Closed

Fundamental Score

...

Aik Pipes & Polymers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Aik Pipes & Polymers Ltd share price today is 25.36, up +4.97% on NSE/BSE as of 19 June 2026. Aik Pipes & Polymers Ltd (AIKPIPES) is a Small-cap company in the Plastic Products - Industrial sector with a market capitalisation of 23.72 (Cr). The 52-week high for AIKPIPES share price is 77.99 and the 52-week low is 19.02. The company has a Return on Equity (ROE) of 5.72% and a debt-to-equity ratio of 0.25.

Aik Pipes & Polymers Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
30.42
Low
23.28
Volume
4.1K
Change
-15.78%

Aik Pipes & Polymers Ltd share price chart: -15.78% return over the past month. 52-week high ₹77.99, 52-week low ₹19.02.

Aik Pipes & Polymers Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
23.0125.3623.0125.3612.80K (Cr)
24.8325.0024.1624.163.20K (Cr)
24.3524.3524.3424.342.40K (Cr)
25.6225.6225.6225.62800.00 (Cr)
25.5025.6225.0025.622.40K (Cr)
25.6825.6825.6225.621.60K (Cr)
26.1027.4024.8026.948.00K (Cr)
26.1026.1026.1026.10800.00 (Cr)
23.8025.9723.7525.974.00K (Cr)
23.2825.0023.2825.006.40K (Cr)

Aik Pipes & Polymers Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
24.8325.3623.0125.36+2.13%
27.0027.4023.2824.34-9.85%
21.0738.5020.1126.09+23.83%
26.6026.6019.0219.16-27.97%
22.1027.0022.0026.60+20.36%
33.5034.1723.0023.10-31.04%
35.8038.0029.8031.80-11.17%
53.5053.5032.5733.90-36.64%
62.0062.0046.0049.50-20.16%
57.0069.4657.0065.95+15.70%
69.3569.3557.8758.00-16.37%
72.1275.0067.0072.99+1.21%

AI Research Briefing

Powered by Gemini · 2026-04-22

Micro-cap gamble on government contracts with brutal liquidity risk and questionable financials.

Research Confidence
4.0/10Low
GOVT CAPEX DARK HORSE1M: -24.69%, 3M: -38.02%, 6M: -46.86% - Breakdown.P/E ratio is 17.87 vs an industry P/E of 23.37, but earnings quality is suspect.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. AIK Pipes received an order for supply of HDPE pipes under PHED, Government of Rajasthan. PlastiWorld 2026, an export-focused exhibition, concluded in Mumbai on March 25, generating approximately in concluded business and 800+ MoUs.

CORE STORY (THE REAL GAME)

AIK Pipes is a micro-cap play on rural infrastructure spending, specifically water distribution and agriculture, reliant on government contracts. It's a bet on execution in a highly fragmented market.

Why Now
  • Order book growth from government projects
  • Industry tailwinds from increased focus on plastic exports
  • Recent participation in PlastiWorld 2026
Potential Catalysts
  • Significant order wins from government projects
  • Improvement in quarterly sales and profit margins
  • Successful expansion into new markets
Key Risks
  • Micro-cap liquidity risk
  • Reliance on government contracts and payment delays
  • Negative interest coverage and negative free cash flow
Institutional Activity

Promoter holding steady at 73.5%. No FII/DII interest.

Macro Context

India's push to become a global sourcing hub for plastics provides a tailwind.

Order Book / Expansion

Order for supply of HDPE pipes under PHED, Government of Rajasthan.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-10.4 Cr.

3–6 Month Outlook

Dependent on government spending and successful project execution. Next 3-6 months will determine if they can turn orders into revenue.

Primary Thesis Risk

Reliance on government contracts exposes them to payment delays and political interference, crushing the thesis.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

5.72%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

8.62%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

9.39%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Aik Pipes & Polymers Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

23.37x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

73.47%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-162.50%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-88.09%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

31.60%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-30.04%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

48.04%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.25x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-0.08x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-10.40 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Aik Pipes & Polymers Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AIKPIPES across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Consistent Growth Track Record (31.60% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (48.04% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.25)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (73.47%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (5.72%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (8.62%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-162.50%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-88.09%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Earnings Growth (-30.04% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Weak Interest Coverage (-0.08x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-10.40 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Aik Pipes & Polymers Ltd vs Plastic Products - Industrial Peers

Peer Comparison - Plastic Products - Industrial

Compare Aik Pipes & Polymers Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
34/100
25
₹23.72
5.72%
Poor
8.62%
Poor
0.3
Excellent
48.04%
Excellent
31.60%
Excellent
0.00%
53.6/100
3634
₹42365.85
50.0
Average
17.14%
Good
22.04%
Excellent
0.1
Excellent
14.56%
Good
13.64%
Good
1.02%
61.1/100
1599
₹38732.66
76.0
Average
14.89%
Average
19.71%
Good
0.1
Excellent
15.44%
Excellent
17.74%
Excellent
0.26%
43.6/100
2661
₹12031.71
82.3
Average
18.49%
Good
19.52%
Good
0.3
Excellent
0.08%
46.3/100
192
₹10944.52
25.0
Average
6.76%
Poor
8.77%
Poor
0.0
Excellent
4.12%
Average
6.77%
Good
1.13%
52.7/100
180
₹9836.32
23.4
Average
14.22%
Average
17.35%
Good
0.2
Excellent
18.02%
Excellent
8.81%
Good
0.63%
58.1/100
5746
₹8989.88
28.7
Average
15.00%
Good
20.57%
Excellent
0.0
Excellent
31.28%
Excellent
17.93%
Excellent
0.31%
60.3/100
5541
₹5906.41
37.5
Average
23.21%
Excellent
30.55%
Excellent
0.0
Excellent
44.08%
Excellent
18.66%
Excellent
0.00%
17.1/100
266
₹3009.44
129.7
Average
2.73%
Poor
3.85%
Poor
0.1
Excellent
-17.77%
Poor
9.06%
Good
0.18%
Jai Corp Ltd...
JAICORPLTD512237
53.4/100
119
₹2510.08
15.0
Average
4.10%
Poor
4.18%
Poor
0.0
Excellent
15.29%
Excellent
-0.35%
Poor
0.35%
60.6/100
18
₹1978.13
62.9
Average
39.70%
Excellent
44.66%
Excellent
0.4
Excellent
53.59%
Excellent
41.18%
Excellent
0.06%

Aik Pipes & Polymers Ltd PE Ratio History

Historical price-to-earnings ratio for AIKPIPES — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20246.69₹111.1516.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Aik Pipes & Polymers Ltd Quarterly Performance

Latest quarterly metrics for AIKPIPES — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-88.09%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-162.50%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

31.60%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

48.04%

Compounded annual net profit growth over 5 years

Aik Pipes & Polymers Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AIKPIPES — calculated from daily price history

42RSI 14
Neutral — RSI 42

Momentum is balanced — neither overbought nor oversold.

SMA 50
27
▼ Price below SMA 50 — Short-term bearish
SMA 200
44
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
6K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Aik Pipes & Polymers Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Aik Pipes & Polymers Ltd (AIKPIPES) — sourced from NSE/BSE filings.

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Fetching financial data for Aik Pipes & Polymers Ltd

About AIKPIPES (Aik Pipes & Polymers Ltd)

AIK Pipes & Polymers Ltd is a pioneering force in India's industrial plastic products sector, specializing in the design, production, and distribution of an extensive array of pipi...ng solutions. The company distinguishes itself through a commitment to precision engineering and the utilization of cutting-edge polymer technologies, resulting in products renowned for their durability, reliability, and performance. AIKPIPES's advanced manufacturing processes ensure consistent quality, adhering to stringent industry standards and exceeding customer expectations. The company plays a crucial role in supporting critical infrastructure projects and various industrial applications nationwide, offering specialized solutions tailored to meet unique client needs. AIKPIPES boasts a diverse product portfolio, encompassing a wide range of plastic pipes and related components designed to address the evolving demands of modern infrastructure. This includes robust high-density polyethylene (HDPE) and medium-density polyethylene (MDPE) pipes, ideal for pressure applications and demanding environments. Their polypropylene random (PPR) pipes deliver exceptional thermal resistance and chemical inertness, making them suitable for hot and cold-water systems. Complementing these pipes is a comprehensive selection of fittings, connectors, and specialized products, providing complete piping solutions for diverse applications such as water distribution networks, gas transportation, and telecommunications infrastructure. AIK Pipes & Polymers Ltd prioritizes innovation and sustainable practices, continuously investing in research and development to enhance its product offerings and minimize environmental impact. The company's dedication to quality, customer service, and technological advancement has solidified its position as a trusted partner for industries seeking dependable and cost-effective piping solutions. With a strong focus on meeting the specific requirements of its customers and upholding the highest standards of excellence, AIKPIPES is poised for continued growth and success in the dynamic Indian market.

Company Details

Symbol:AIKPIPES
Industry:Plastic Products - Industrial
Sector:Plastic Products - Industrial

Key Leadership

Mr. Imran Khan
MD & Chairman
Ms. Tahira Sheikh
CFO & Whole-Time Director
Ms. Himanshi Khandelwal
Company Secretary & Compliance Officer

AIKPIPES Share Price: Frequently Asked Questions

What is the current share price of Aik Pipes & Polymers Ltd?

Aik Pipes & Polymers Ltd (AIKPIPES) trades at ₹25.36 on NSE and BSE. Market cap ₹23.72 (Cr). Educational data only.

What is the P/E ratio of Aik Pipes & Polymers Ltd?

Aik Pipes & Polymers Ltd has a P/E of N/Ax vs industry average 23.37x.

What is the Bull Run score for Aik Pipes & Polymers Ltd?

Aik Pipes & Polymers Ltd has a Bull Run score of 34/100 based on 25+ financial parameters.

Does Aik Pipes & Polymers Ltd pay dividends?

Aik Pipes & Polymers Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Aik Pipes & Polymers Ltd?

Aik Pipes & Polymers Ltd has ROE of 5.72%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Aik Pipes & Polymers Ltd?

Aik Pipes & Polymers Ltd has debt-to-equity of 0.25.

Is Aik Pipes & Polymers Ltd a good investment?

Bull Run gives Aik Pipes & Polymers Ltd a score of 34/100. This is not investment advice — consult a SEBI-registered advisor.