Companies›Industrials›Capital Goods›Industrial Products

AIK Pipes and Polymers Limited

Capital Goods › Industrial Products
₹25.59
at close · 21 Oct 2026
▲ 1.21 (+4.96%)

Latest filings

  1. Routine SEBI compliance certificate for quarter ended September 2026 · Compliance
  2. AGM Results: 4 resolutions passed, RPTs saw 33% votes against · Board & Shareholder Meetings
  3. AIK Pipes 09th AGM held via video conferencing; 4 resolutions tabled · Board & Shareholder Meetings
All filings ↓
Ask Nexa about AIK Pipes and Polymers Limited

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures HDPE, MDPE and PPR pipes used in water supply, gas distribution, telecom ducting and agricultural irrigation, operating from Jaipur and selling primarily to government contractors and infrastructure projects in India. The company's main product lines are HDPE pipes manufactured to IS4984 standard, and it sells these directly to EPC contractors; in November 2025 it received an order of approximately Rs. 8.80 crores for HDPE pipe supply to the Isarda-Dausa water supply project (Package-4) through an AA-class contractor working under the Public Health Engineering Department (PHED), Government of Rajasthan. It also markets agri-irrigation products under a brand called 'BANAS'. Revenue from operations for FY2026 was Rs. 545.09 lakhs (down from Rs. 2,505.70 lakhs in FY2025), with profit after tax at Rs. 8.71 lakhs and EBITDA margin compressed to approximately 4.1% versus 9.4% the prior year. The biggest cost is raw materials at 93.4% of revenue, with employee costs at 12.2% and other operating expenses at 6.6% of revenue. The company is listed on the BSE SME Emerge platform and is small enough that several SEBI compliance obligations (Large Corporate disclosure, Regulation 24A secretarial compliance report) do not apply to it.

Operating scale
FY26 revenue from operations
Rs. 545.09 lakhsFY26
FY25 revenue from operations
Rs. 2,505.70 lakhsFY25
FY26 PAT
Rs. 8.71 lakhsFY26
PHED Rajasthan order (HDPE pipes, Isarda-Dausa Package-4)
Rs. 8.80 croresNov 2025
HDPE pipe standard
IS4984
IPO proceeds fully utilised
Rs. 1,502.32 lakhsFY25
Who pays it
Government EPC contractors (including PHED, Government of Rajasthan), and end-users in water supply, gas distribution, telecom and agricultural irrigation.
Biggest cost
Raw materials at 93.4% of revenue.
Kind of business
Small, order-driven industrial pipe manufacturer with high raw material intensity.
Where it sits
BSE SME Emerge-listed manufacturer of HDPE/MDPE/PPR pipes based in Jaipur, small enough to fall outside SEBI Large Corporate and Regulation 24A thresholds.
Market Cap
₹16 Cr
P / E (TTM)
5.7×
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
3.7%·
ROCE (FY26)
ROE — · margin —
Leverage
—·
Debt / Equity · borrowings not filed
Revenue FY24→FY26
0.3×▼
Revenue change
₹37 Cr → ₹9 Cr
Moves on a normal day
4.47%·
Median daily move
Last 207 sessions · the yardstick for filing-day moves
Where it sits among 58 Plastic Products - Industrial peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#8/46
ROCE#39/56
Revenue growth#45/49

Scorecard

Measured from the filed financials, judged against its Plastic Products - Industrial peers · as of FY26 — not investment advice

Not enough history to assess.

Charts

How has the market priced it — with filings on the timeline?

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from AIK Pipes and Polymers Limited's filed financials and exchange disclosures

What does AIK Pipes and Polymers Limited do?

AIK Pipes and Polymers Limited is a Industrial Products company listed on BSE.

Is AIK Pipes and Polymers Limited expensive compared with its peers?

On trailing P/E, AIK Pipes and Polymers Limited ranks 8 of 46 in Plastic Products - Industrial — cheaper than 84% of them, against an industry median of 14.2×. This is a position, not a valuation judgement.

How much does the AIK Pipes and Polymers Limited share price move in a day?

On a typical session AIK Pipes and Polymers Limited moves 4.47% — that is the median absolute close-to-close move across its last 207 trading days. MarketPing measures each filing's price reaction against it.

Where can I track AIK Pipes and Polymers Limited's announcements?

Every NSE and BSE filing by AIK Pipes and Polymers Limited appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.