Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:02 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 544072 | NSE: AIKPIPES

Aik Pipes & Polymers Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹24.29Undervalued by 15.67%vs CMP ₹21.00

P/E (15.0) × ROE (5.7%) × BV (₹34.70) × DY (2.00%)

Defaults: P/E=15

₹35.02Undervalued by 66.76%vs CMP ₹21.00
MoS: +40% (Strong)Confidence: 48/100 (Moderate)Models: 5 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹14.2019%Over (-32.4%)
Graham NumberEarnings₹39.6117%Under (+88.6%)
Earnings PowerEarnings₹17.4011%Over (-17.1%)
DCFCash Flow₹11.0414%Over (-47.4%)
Net Asset ValueAssets₹34.627%Under (+64.9%)
EV/EBITDAEnterprise₹35.619%Under (+69.6%)
Earnings YieldEarnings₹20.107%Fair (-4.3%)
ROCE CapitalReturns₹134.549%Under (+540.7%)
Revenue MultipleRevenue₹39.346%Under (+87.3%)
Consensus (9 models)₹35.02100%Undervalued
Key Drivers: EPS CAGR -41.5% drags value — could be higher if earnings stabilize. | Wide model spread (₹11–₹135) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -41.5% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

43
Aik Pipes & Polymers Ltd scores 43/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health47/100 · Moderate
ROCE 8.6% AverageROE 5.7% WeakD/E 4.51 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 73.5% Stable
Earnings Quality55/100 · Moderate
OPM expanding (7% → 11%) ImprovingWorking capital: 201 days Capital intensive
Quarterly Momentum15/100 · Weak
Revenue (4Q): -31% YoY DecliningProfit (4Q): -55% YoY DecliningOPM: -18.5% (down 31.7% YoY) Margin pressure
Industry Rank45/100 · Moderate
ROCE 8.6% vs industry 8.6% Average3Y sales CAGR: 7% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:02 am

Market Cap 13.4 Cr.
Current Price 21.0
Intrinsic Value₹35.02
High / Low 88.0/19.0
Stock P/E
Book Value 34.7
Dividend Yield0.00 %
ROCE8.62 %
ROE5.72 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Aik Pipes & Polymers Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Aik Pipes & Polymers Ltd 13.4 Cr. 21.0 88.0/19.0 34.70.00 %8.62 %5.72 % 10.0
Industry Average0 Cr21.00034.700.00%8.62%5.72%10.00

All Competitor Stocks of Aik Pipes & Polymers Ltd

Quarterly Result

MetricSep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Sales 21.2815.9915.879.231.89
Expenses 18.4714.1113.778.882.24
Operating Profit 2.811.882.100.35-0.35
OPM % 13.20%11.76%13.23%3.79%-18.52%
Other Income 0.010.100.060.280.10
Interest 0.220.440.410.340.26
Depreciation 0.130.170.180.210.22
Profit before tax 2.471.371.570.08-0.73
Tax % 26.72%-16.06%23.57%12.50%2.74%
Net Profit 1.811.601.200.07-0.75
EPS in Rs 3.872.511.890.11-1.18

Last Updated: December 28, 2025, 7:34 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 4:46 pm

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 6.3610.0820.4230.4837.2725.1011.12
Expenses 6.129.6819.3927.4932.5522.6611.12
Operating Profit 0.240.401.032.994.722.440.00
OPM % 3.77%3.97%5.04%9.81%12.66%9.72%
Other Income 0.140.120.490.000.100.350.38
Interest 0.070.070.150.320.680.750.60
Depreciation 0.070.080.100.190.300.390.43
Profit before tax 0.240.371.272.483.841.65-0.65
Tax % 25.00%27.03%30.71%26.21%11.46%22.42%
Net Profit 0.180.260.881.833.411.28-0.68
EPS in Rs 12.006.5012.5714.355.362.01-1.07
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)44.44%238.46%107.95%86.34%-62.46%
Change in YoY Net Profit Growth (%)0.00%194.02%-130.51%-21.62%-148.80%

Aik Pipes & Polymers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.

Growth

Last Updated: September 5, 2025, 2:11 pm

Balance Sheet

Last Updated: March 3, 2026, 12:25 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.150.400.701.286.366.366.36
Reserves 0.170.431.334.3315.5616.4715.73
Borrowings 3.713.834.325.385.105.815.58
Other Liabilities 0.812.743.333.515.373.651.62
Total Liabilities 4.847.409.6814.5032.3932.2929.29
Fixed Assets 1.081.161.283.024.234.964.89
CWIP 0.000.000.000.000.000.000.00
Investments 0.000.020.020.024.133.503.50
Other Assets 3.766.228.3811.4624.0323.8320.90
Total Assets 4.847.409.6814.5032.3932.2929.29

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -1.250.54-0.65-0.56-5.230.43
Cash from Investing Activity + -0.45-0.18-0.22-1.92-6.64-0.25
Cash from Financing Activity + 1.580.300.642.4311.95-0.41
Net Cash Flow -0.120.67-0.22-0.050.09-0.23
Free Cash Flow -1.700.38-0.87-2.48-6.74-0.69
CFO/OP -525%145%-54%-7%-88%56%

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-3.47-3.43-3.29-2.39-0.38-3.37

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 210.05193.36122.4489.81141.42218.85
Inventory Days 3.327.6720.6148.9377.68126.28
Days Payable 11.9599.6654.8939.5447.1452.19
Cash Conversion Cycle 201.42101.3788.1699.20171.95292.94
Working Capital Days -22.96-24.6214.3045.51127.31201.40
ROCE %10.13%25.79%32.30%23.73%8.62%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 73.47%73.47%73.47%73.47%73.47%73.47%73.47%
Public 26.53%26.53%26.53%26.53%26.53%26.53%26.52%
No. of Shareholders 560638801838836812794

Shareholding Pattern Chart

No. of Shareholders

Aik Pipes & Polymers Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 2.016.694.133.511.93
Diluted EPS (Rs.) 2.016.694.133.511.93
Cash EPS (Rs.) 2.625.8316.2213.938.80
Book Value[Excl.RevalReserv]/Share (Rs.) 35.8834.4543.9628.9721.22
Book Value[Incl.RevalReserv]/Share (Rs.) 35.8834.4543.9628.9721.22
Revenue From Operations / Share (Rs.) 39.4458.58239.08291.75252.07
PBDIT / Share (Rs.) 4.397.3623.8421.6312.92
PBIT / Share (Rs.) 3.786.8822.3520.2610.87
PBT / Share (Rs.) 2.606.0419.6818.159.09
Net Profit / Share (Rs.) 2.015.3614.7212.566.75
PBDIT Margin (%) 11.1312.559.977.415.12
PBIT Margin (%) 9.5811.759.346.944.31
PBT Margin (%) 6.5910.318.236.223.60
Net Profit Margin (%) 5.089.156.154.302.67
Return on Networth / Equity (%) 5.5915.5633.4943.3531.80
Return on Capital Employeed (%) 10.1518.8248.5055.6237.23
Return On Assets (%) 3.9510.5312.949.073.64
Long Term Debt / Equity (X) 0.030.060.020.220.30
Total Debt / Equity (X) 0.250.230.962.134.51
Asset Turnover Ratio (%) 0.771.592.522.390.00
Current Ratio (X) 2.643.041.331.170.99
Quick Ratio (X) 1.802.340.921.030.96
Inventory Turnover Ratio (X) 3.687.5612.6130.350.00
Interest Coverage Ratio (X) 3.728.748.9310.237.26
Interest Coverage Ratio (Post Tax) (X) 2.707.376.526.944.79
Enterprise Value (Cr.) 54.2777.790.000.000.00
EV / Net Operating Revenue (X) 2.162.090.000.000.00
EV / EBITDA (X) 19.4316.620.000.000.00
MarketCap / Net Operating Revenue (X) 1.941.960.000.000.00
Price / BV (X) 2.133.340.000.000.00
Price / Net Operating Revenue (X) 1.941.960.000.000.00
EarningsYield 0.020.040.000.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

AIK Pipes And Polymers Ltd. is a Public Limited Listed company incorporated on 19/09/2017 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L25209RJ2017PLC059111 and registration number is 059111. Currently Company is involved in the business activities of Manufacture of plastics products. Company's Total Operating Revenue is Rs. 25.10 Cr. and Equity Capital is Rs. 6.36 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Plastics - Pipes & FittingsOffice No. 506, 5th Floor, Elements, Mall, Ajmer Road, Vaishali Nagar, Jaipur Rajasthan 302021Contact not found
Management
NamePosition Held
Mr. Imran KhanManaging & Executive Director
Mrs. Tahira SheikhWhole Time Executive Director
Mr. Ajayraj Singh KhangarotExecutive Director
Mr. Mohammad Hanif KhanNon Executive Director
Mr. Pradeep Kumar AgarwalInd. Non-Executive Director
Mr. Bhagat Singh ShekhawatInd. Non-Executive Director

FAQ

What is the intrinsic value of Aik Pipes & Polymers Ltd and is it undervalued?

As of 12 April 2026, Aik Pipes & Polymers Ltd's intrinsic value is ₹35.02, which is 66.76% higher than the current market price of ₹21.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (5.72 %), book value (₹34.7), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Aik Pipes & Polymers Ltd?

Aik Pipes & Polymers Ltd is trading at ₹21.00 as of 12 April 2026, with a FY2026-2027 high of ₹88.0 and low of ₹19.0. The stock is currently near its 52-week low. Market cap stands at ₹13.4 Cr..

Is Aik Pipes & Polymers Ltd financially healthy?

Key indicators for Aik Pipes & Polymers Ltd: ROCE of 8.62 % is on the lower side compared to the industry average of 8.62%; ROE of 5.72 % is below ideal levels (industry average: 5.72%). Dividend yield is 0.00 %.

Is Aik Pipes & Polymers Ltd profitable and how is the profit trend?

Aik Pipes & Polymers Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹25 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Aik Pipes & Polymers Ltd pay dividends?

Aik Pipes & Polymers Ltd has a dividend yield of 0.00 % at the current price of ₹21.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Aik Pipes & Polymers Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports