AIK Pipes and PolymersShare price, financial results, shareholding and management
- Market cap
- ₹18 cr
- Stock P/E
- 204.9peers 26.4
- Book value
- ₹36
- Price to book
- 0.81
- EV / operating profit
- -
- Market cap to sales
- 1.95
- ROCE · FY26
- 2.9%
- ROE · FY26
- 0.4%
- ROE, 3-year average
- 10.3%
- Operating margin · FY26
- 9.7%peers 8.2%
- Sales growth, 3 years
- -32.3%
- Profit growth, 3 years
- -63.4%
- Debt to equity
- 0.34peers 0.02
- Borrowings
- ₹7.7 cr
- Interest cover
- 1.5×
- Cash from business / op. profit
- -102%
- Debtor days
- 521
- Pledged
- 0.00%
- Promoter holding
- 73.50%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 736
- 52-week high / low
- ₹51 / ₹19
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
AIK Pipes and Polymers share price chart
Close on 6 Nov 2026 · -4.98% on the day · Vol 1,600
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +13.0%
- 3 months
- -9.0%
- 6 months
- +8.9%
- 1 year
- -45.0%
- Traded a day, 20 days
- ₹0.01 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | -62% | -93% |
| 3 years, a year | -32% | -63% |
| Latest half, H2 FY26 | -18% | +1086% |
AIK Pipes and Polymers revenue and profit growth
Half-yearly results · Profit and lossSales have fallen. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were lower than in the same half a year before. Profit grew faster than sales.
AIK Pipes and Polymers half-yearly results
SME companies report every six months · ₹ crore
| H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|
| Sales | 21.28 | 15.99 | 15.87 | 9.23 | 1.89 | 7.57 |
| Expenses | 18.47 | 14.22 | 13.76 | 8.89 | 2.24 | 6.29 |
| Operating profit | 2.81 | 1.77 | 2.10 | 0.34 | -0.35 | 1.27 |
| OPM | 13.2% | 11.1% | 13.3% | 3.7% | -18.8% | 16.8% |
| Interest | 0.22 | 0.32 | 0.41 | 0.34 | 0.26 | 0.31 |
| Depreciation | 0.13 | 0.17 | 0.18 | 0.21 | 0.22 | 0.25 |
| Profit before tax | 2.47 | 1.37 | 1.57 | 0.08 | -0.73 | 1.02 |
| Net profit | 1.81 | 1.60 | 1.20 | 0.07 | -0.75 | 0.83 |
AIK Pipes and Polymers profit and loss
Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 6.36 | 10.08 | 20.42 | 30.48 | 37.27 | 25.10 | 9.45 |
| Expenses | 6.12 | 9.68 | 19.39 | 27.49 | 32.69 | 22.65 | 8.53 |
| Operating profit | 0.24 | 0.40 | 1.03 | 2.99 | 4.58 | 2.45 | 0.92 |
| OPM | 3.8% | 4.0% | 5.0% | 9.8% | 12.3% | 9.7% | 9.7% |
| Other income | 0.14 | 0.12 | 0.49 | 0 | 0.10 | 0.35 | 0.40 |
| Interest | 0.07 | 0.07 | 0.15 | 0.32 | 0.54 | 0.75 | 0.57 |
| Depreciation | 0.07 | 0.08 | 0.10 | 0.19 | 0.30 | 0.39 | 0.46 |
| Profit before tax | 0.24 | 0.37 | 1.27 | 2.48 | 3.85 | 1.66 | 0.29 |
| Tax rate | 25.0% | 27.0% | 30.7% | 26.2% | 11.4% | 22.9% | 70.2% |
| Net profit | 0.18 | 0.26 | 0.88 | 1.83 | 3.41 | 1.28 | 0.09 |
| EPS ₹ | 12 | 6.50 | 12.57 | 14.35 | 6.69 | 2.01 | 0.14 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
A tax rate above 60% or below zero (FY26) comes from tax charged on a small or negative profit, as reported.
Earnings per share before FY26 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
AIK Pipes and Polymers profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.8% | 4.0% | 5.0% | 9.8% | 12.3% | 9.7% | 9.7% |
| Tax rate | 25.0% | 27.0% | 30.7% | 26.2% | 11.4% | 22.9% | 70.2% |
| ROCE | · | 10.1% | 25.8% | 32.3% | 23.1% | 8.7% | 2.9% |
| ROE | · | 45.2% | 61.5% | 47.9% | 24.8% | 5.7% | 0.4% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
AIK Pipes and Polymers debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. Its loans are smaller than its own money. Last year the business used more cash than it brought in. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take longer to pay than they did in FY24, which ties up more of the company's money in unpaid bills.
Bars below the line are cash going out.
AIK Pipes and Polymers balance sheet
At each 31 March · ₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Equity capital | 0.15 | 0.40 | 0.70 | 1.28 | 6.36 | 6.36 | 6.36 |
| Reserves | 0.17 | 0.43 | 1.33 | 4.33 | 15.56 | 16.47 | 16.56 |
| Net worth | 0.32 | 0.83 | 2.03 | 5.61 | 21.92 | 22.83 | 22.92 |
| Borrowings | 3.71 | 3.83 | 4.32 | 5.38 | 5.10 | 5.81 | 7.72 |
| Other liabilities | 0.81 | 2.74 | 3.33 | 3.51 | 5.37 | 3.65 | 2.90 |
| Total liabilities | 4.84 | 7.40 | 9.68 | 14.50 | 32.39 | 32.29 | 33.54 |
| Fixed assets | 1.08 | 1.16 | 1.28 | 3.02 | 4.23 | 4.96 | 4.72 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0.02 | 0.02 | 0.02 | 4.13 | 3.50 | 3.73 |
| Other assets | 3.76 | 6.22 | 8.38 | 11.46 | 24.03 | 23.83 | 25.09 |
AIK Pipes and Polymers cash flow
₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | -1.25 | 0.54 | -0.65 | -0.56 | -5.23 | 0.43 | -0.94 |
| Cash from investing | -0.45 | -0.18 | -0.22 | -1.92 | -6.64 | -0.25 | -0.40 |
| Cash from financing | 1.58 | 0.30 | 0.64 | 2.43 | 11.95 | -0.41 | 1.35 |
| Net cash flow | -0.12 | 0.66 | -0.23 | -0.05 | 0.08 | -0.23 | 0.01 |
Working capital
Days
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 210 | 193 | 122 | 90 | 141 | 219 | 521 |
| Inventory days | 3 | 8 | 21 | 49 | 78 | 126 | 523 |
| Days payable | 12 | 100 | 55 | 40 | 47 | 52 | 75 |
| Cash conversion cycle | 201 | 101 | 88 | 99 | 172 | 293 | 969 |
| Working capital days | -23 | -25 | 14 | 46 | 127 | 201 | 533 |
AIK Pipes and Polymers peers and competitors
Listed SME companies in the same industryBy sales, AIK Pipes and Polymers is number 151 of the 156 listed SME companies in industrial products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| ARC Insulation & Insulators | 31 | 16.6 | 20.9 | 1.9 | 15.0% | 0.00 |
| Indobell Insulations | 41 | 51.2 | 15.6 | 0.8 | -0.7% | 0.06 |
| Clara Industries | 81 | 44.9 | 14 | 1.8 | 20.1% | 0.02 |
| Polymac Thermoformers | 5 | 528.4 | 13.1 | 0 | 1.4% | 0.43 |
| Command Polymers | 19 | 36.1 | 10.8 | 0.5 | 15.5% | 0.88 |
| AIK Pipes and Polymers | 18 | 204.9 | 9.5 | 0.1 | 9.7% | 0.34 |
| Mahip Industries | 31 | 11.0 | 9.1 | 2.8 | 19.8% | - |
| Associated Coaters | 13 | 11.2 | 8.3 | 1.2 | 19.7% | 0.01 |
| Adishakti Loha and Ispat | 12 | - | 1.8 | 0 | -6.1% | 0.03 |
| SMVD Poly Pack | 14 | 0.5 | 0.1 | 30.4 | -2007.4% | 0.00 |
| Ahimsa Industries | 14 | - | 0.1 | -0.5 | -853.0% | 0.00 |
| Median of the 10 others | 17 | 26.4 | 9.9 | 1 | 8.2% | 0.02 |
AIK Pipes and Polymers shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
AIK Pipes and Polymers shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.47% | 73.47% | 73.47% | 73.47% | 73.47% | 73.47% | 73.50% | 73.50% |
| Number of shareholders | 638 | 801 | 838 | 836 | 812 | 794 | 766 | 736 |
AIK Pipes and Polymers latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹7.6 cr (-18%), net profit ₹0.8 cr (+1086%) on H2 FY25.
- Shareholding, 30 June 2026: promoters unchanged at 73.50%.
AIK Pipes and Polymers announcements
5 on record, latest first; each opens the filing on the exchange
- Company UpdateCertificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on 30th September, 2026PDF ↗
- AGM/EGMSummary of Proceedings of the 09th Annual General Meeting of the CompanyPDF ↗
- Insider Trading / SASTIntimation regarding Closure of Trading Window under SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Company UpdateSubmission of Corrigendum to the Notice of AGM and Annual Report for the Financial year 2025-26PDF ↗
- OthersSubmission of Corrigendum to the Notice of AGM and Annual Report along with the revised Annual ReportPDF ↗
AIK Pipes and Polymers annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
AIK Pipes and Polymers share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on AIK Pipes and Polymers' data · 8
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (63,63,000 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- !Earnings per share changes basis between FY20 (₹12.00) and FY21 (₹6.50) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
- ✓Revenue and profit are reported for every year shown, FY20 to FY26.
- iPrices run to the close on 8 Oct 2026, from the exchange's daily figures.
Questions people ask about AIK Pipes and Polymers
What does AIK Pipes and Polymers do?
AIK Pipes and Polymers is an SME company listed on BSE SME, in industrial products.
What is the share price of AIK Pipes and Polymers?
₹29 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of AIK Pipes and Polymers?
₹18 cr at the close on 6 Nov 2026, on 63,63,000 shares.
What is the P/E of AIK Pipes and Polymers?
204.9 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are AIK Pipes and Polymers' revenue and profit?
Revenue ₹9 cr and profit after tax ₹0 cr in FY26.
Who are the promoters of AIK Pipes and Polymers?
The promoter group; promoters held 73.50% at 30 June 2026.
What is AIK Pipes and Polymers' website?
www.aikpipes.com
More SME companies like AIK Pipes and Polymers
Other listed SME companies in industrial products, the closest in size first, each read from its own documents.
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- Sabar Flex IndiaSABAR · NSE Emerge · Industrial Products · listed 2022Market cap ₹18 cr
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Built from 5 exchange announcements, 8 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.