Aik Pipes & Poly

Why is Aik Pipes & Polymers Ltd falling/rising?

As of 19-Jun, Aik Pipes & Polymers Ltd's stock price is declining at 22.83, down 1.59%, and has significantly underperformed the Sensex across various time frames, with a year-to-date drop of 28.21% and a yearly decline of 62.26%. The stock is trading below its moving averages and has seen reduced investor participation, contributing to its ongoing price decline.

As of 19-Jun, Aik Pipes & Polymers Ltd is experiencing a decline in its stock price, currently at 22.83, which reflects a change of -0.37 or -1.59%. The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week performance of -2.85% against the Sensex's +1.69%, and a 1-month performance of -12.09% compared to the Sensex's +2.13%. Year-to-date, the stock has fallen by 28.21%, while the Sensex has only decreased by 9.88%. Over the past year, the decline is even more pronounced, with a drop of 62.26% compared to the Sensex's -5.60%.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 1.01%. Additionally, there has been erratic trading, as the stock did not trade on one day out of the last 20 days. It is also trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume on June 17 falling by 64.29% against the 5-day average. This combination of factors contributes to the ongoing decline in the stock price of Aik Pipes & Polymers Ltd.

Which are the latest news on Aik Pipes & Poly?

What does Aik Pipes & Poly do?

Aik Pipes & Polymers Ltd is a micro-cap company in the plastic products industry, focusing on industrial applications. As of June 2023, it reported net sales of 14 Cr and a net profit of 1 Cr, with a market cap of INR 15 Cr.

Overview: <BR>Aik Pipes & Polymers Ltd operates in the plastic products industry, specifically focusing on industrial applications, and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated on September 19, 2017, as "AIK Pipes & Polymers Private Limited." It later converted into a public limited company, changing its name to "AIK Pipes & Polymers Limited" on June 19, 2023. The most recent quarterly results reported net sales and net profit for June 2023.<BR><BR>Financial Snapshot: <BR>Net Sales: 14 Cr (Quarterly Results - Jun 2023) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2023) <BR>Market Cap: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 169.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.33 <BR>Return on Equity: 0.39% <BR>Price to Book: 0.65<BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Aik Pipes & Poly?

As of 10th June, Aik Pipes & Polymers Ltd has a market capitalization of 15.00 Cr, with recent net sales of 13.77 Cr and a net profit of 1.02 Cr for the quarter ending June 2023.

As of 10th June, Aik Pipes & Polymers Ltd has a market capitalization of 15.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarter ending June 2023, Aik Pipes & Polymers Ltd reported Net Sales of 13.77 Cr and a Net Profit of 1.02 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 22.83 Cr and Total Assets were reported at 32.13 Cr.

Who are the peers of the Aik Pipes & Poly?

Aik Pipes & Poly's peers include Duropack, Command Polymers, L.K.Mehta Poly., and others. Aik Pipes & Poly has below-average management risk and the lowest 1-year return at -66.70%, significantly underperforming its peers.

Peers: The peers of Aik Pipes & Poly are Duropack, Command Polymers, L.K.Mehta Poly., Kunststoff Inds., Kkalpana Plastic, Tijaria Polypipe, Ashish Polyplast, Arcee Industries, and Polymac Thermof.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aik Pipes & Poly, while Average management risk is found at Duropack, L.K.Mehta Poly., Kunststoff Inds., and the rest. Below Average management risk is noted at Command Polymers, Ashish Polyplast, Arcee Industries, and Polymac Thermof. Growth is rated as Good at L.K.Mehta Poly., Below Average at Aik Pipes & Poly, Duropack, Command Polymers, Kunststoff Inds., Ashish Polyplast, Arcee Industries, and the rest, while Kkalpana Plastic and Tijaria Polypipe do not qualify. Capital Structure is rated as Good at Duropack and Ashish Polyplast, Average at L.K.Mehta Poly. and Kunststoff Inds., and Below Average at Aik Pipes & Poly, Command Polymers, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kkalpana Plastic at 22.77%, while Aik Pipes & Poly has the lowest at -66.70%. Aik Pipes & Poly's return is significantly worse than all peers. Additionally, several peers, including Tijaria Polypipe, Ashish Polyplast, and Polymac Thermof, have negative six-month returns.

When is the next results date for Aik Pipes & Polymers Ltd?

The next results date for Aik Pipes & Polymers Ltd is 30 May 2026.

The next results date for Aik Pipes & Polymers Ltd is scheduled for 30 May 2026.

Is Aik Pipes & Poly overvalued or undervalued?

As of December 1, 2025, Aik Pipes & Poly is considered overvalued with a PE Ratio of 18.54, an EV to EBIT of 14.10, and a Price to Book Value of 1.07, despite having a lower PE Ratio than peers like Supreme Industries and Astral, while its stock has underperformed the Sensex with a 67.5% decline compared to the index's 7.32% increase over the past year.

As of 1 December 2025, Aik Pipes & Poly has moved from a fair to an expensive valuation grade. The company is currently considered overvalued. Key ratios include a PE Ratio of 18.54, an EV to EBIT of 14.10, and a Price to Book Value of 1.07. <BR><BR>In comparison to its peers, Aik Pipes & Poly's PE Ratio is significantly lower than that of Supreme Industries at 49.97 and Astral at 75.87, both of which are classified as very expensive. Despite this, Aik's valuation remains high relative to its industry, especially when considering its recent stock performance, which has underperformed the Sensex over the past year, with a decline of 67.5% compared to the Sensex's 7.32% increase.

How has been the historical performance of Aik Pipes & Poly?

Aik Pipes & Poly experienced fluctuating financial performance, with net sales and profits declining from Mar'24 to Mar'25, while total assets and liabilities remained stable. Despite decreased profitability, the book value per share increased, indicating a stronger equity position.

Answer:<BR>The historical performance of Aik Pipes & Poly shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Aik Pipes & Poly's net sales decreased from 37.27 Cr in Mar'24 to 25.10 Cr in Mar'25, following a trend of growth from 20.42 Cr in Mar'22 to 30.48 Cr in Mar'23. Total operating income mirrored this decline, dropping to 25.10 Cr in Mar'25 from 37.27 Cr in Mar'24. The raw material cost also decreased, falling from 30.95 Cr in Mar'24 to 22.54 Cr in Mar'25. Despite the drop in sales, the operating profit (PBDIT) decreased to 2.80 Cr in Mar'25 from 4.82 Cr in Mar'24, while profit before tax fell to 1.65 Cr from 3.85 Cr. Profit after tax also saw a decline, dropping to 1.28 Cr in Mar'25 from 3.41 Cr in Mar'24. The earnings per share (EPS) decreased to 2.01 in Mar'25 from 5.36 in Mar'24. On the balance sheet, total assets remained stable at 32.13 Cr in Mar'25, consistent with Mar'24, while total liabilities also held steady at 32.13 Cr. The book value per share increased to 35.89 in Mar'25 from 34.46 in Mar'24, indicating a strengthening equity position despite the declines in profitability. Cash flow from operating activities remained at zero in Mar'25, reflecting ongoing challenges in generating cash from core operations.

Who are the top shareholders of the Aik Pipes & Poly?

The top shareholder of Aik Pipes & Poly is Imran Khan, who holds 53.43% of the company. Individual investors own 24.2% of the shares, with no pledged promoter holdings or involvement from mutual funds or foreign institutional investors.

The top shareholders of Aik Pipes & Poly primarily consist of promoters, with Imran Khan being the most significant shareholder, holding 53.43% of the company. There are no pledged promoter holdings, and currently, there are no mutual funds or foreign institutional investors (FIIs) involved. Additionally, individual investors collectively hold 24.2% of the shares.

What is the technical trend for Aik Pipes & Poly?

As of June 3, 2025, Aik Pipes & Poly has shifted to a bearish trend, supported by negative moving averages, Dow Theory, and poor performance relative to the Sensex, despite a mildly bullish MACD signal on the weekly chart.

As of 3 June 2025, the technical trend for Aik Pipes & Poly has changed from mildly bearish to bearish. The current stance is bearish, with a weak strength indicated by several key factors. The daily moving averages are bearish, and the Dow Theory confirms a bearish outlook on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly, but this is overshadowed by the bearish signals from the Bollinger Bands and the overall negative performance compared to the Sensex over multiple time frames. The stock has also seen a significant decline year-to-date and over the past year, further reinforcing the bearish sentiment.

Has Aik Pipes & Poly declared dividend?

No Dividend History Available