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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 544072 | NSE: AIKPIPES

Fundamental Analysis of Aik Pipes & Polymers Ltd

Basic Stock Data

Last Updated: April 23, 2024, 9:58 am

Market Cap 75.8 Cr.
Current Price 119
High / Low152/96.5
Stock P/E40.3
Book Value
Dividend Yield0.00 %
ROCE32.9 %
ROE49.2 %
Face Value 10.0

Data Source: screener.in

Competitors of Aik Pipes & Polymers Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Sirca Paints India Ltd 1,758 Cr. 321444/28236.3 52.10.47 %25.3 %18.8 % 10.0
Vaxtex Cotfab Ltd 20.2 Cr. 1.106.56/0.80 1.930.00 %2.02 %0.95 % 1.00
Ashish Polyplast Ltd 11.3 Cr. 33.239.4/15.314.5 17.60.00 %5.45 %3.43 % 10.0
Atam Valves Ltd 205 Cr. 194270/13635.2 29.40.77 %24.1 %20.8 % 10.0
Vinyl Chemicals (I) Ltd 703 Cr. 384549/30932.6 55.81.30 %44.4 %32.6 % 1.00
Industry Average539.50 Cr186.6623.7231.370.51%20.25%15.32%6.40

Quarterly Result

MonthJun 2023
Sales13.77
Expenses12.48
Operating Profit1.29
OPM %9.37%
Other Income0.23
Interest0.10
Depreciation0.06
Profit before tax1.36
Tax %25.74%
Net Profit1.02
EPS in Rs2.18

Last Updated: April 10, 2024, 5:50 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:36 pm

MonthMar 2020Mar 2021Mar 2022Mar 2023
Sales6.3610.0820.4230.48
Expenses6.129.6819.3927.74
Operating Profit0.240.401.032.74
OPM %3.77%3.97%5.04%8.99%
Other Income0.140.120.490.30
Interest0.070.070.150.34
Depreciation0.070.080.100.19
Profit before tax0.240.371.272.51
Tax %25.00%27.03%30.71%25.10%
Net Profit0.180.260.881.88
EPS in Rs12.006.5012.5714.75
Dividend Payout %0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212021-20222022-2023
YoY Net Profit Growth (%)44.44%238.46%113.64%
Change in YoY Net Profit Growth (%)0.00%194.02%-124.83%

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:69%
TTM:49%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:119%
TTM:114%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:%
Return on Equity
10 Years:%
5 Years:%
3 Years:52%
Last Year:49%

Last Updated: April 16, 2024, 11:41 am

Balance Sheet

MonthMar 2020Mar 2021Mar 2022Mar 2023
Equity Capital0.150.400.701.28
Reserves0.170.431.334.33
Borrowings3.713.834.325.38
Other Liabilities0.812.743.333.52
Total Liabilities4.847.409.6814.51
Fixed Assets1.081.161.283.02
CWIP0.000.000.000.00
Investments0.000.020.020.02
Other Assets3.766.228.3811.47
Total Assets4.847.409.6814.51

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1.250.54-0.65-0.55
Cash from Investing Activity -0.45-0.18-0.22-1.92
Cash from Financing Activity 1.580.300.642.42
Net Cash Flow-0.120.67-0.22-0.05

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-3.47-3.43-3.29-2.64

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 2023
Debtor Days210.05193.36122.4489.81
Inventory Days3.327.6720.6148.39
Days Payable11.9599.6654.8939.10
Cash Conversion Cycle201.42101.3788.1699.10
Working Capital Days172.17104.6583.4791.97
ROCE %10.13%25.79%32.87%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJan 2024
Promoters100.00%
No. of Shareholders7

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21
FaceValue10.0010.0010.00
Basic EPS (Rs.)4.133.511.93
Diluted EPS (Rs.)4.133.511.93
Cash EPS (Rs.)16.2213.938.80
Book Value[Excl.RevalReserv]/Share (Rs.)43.9628.9721.22
Book Value[Incl.RevalReserv]/Share (Rs.)43.9628.9721.22
Revenue From Operations / Share (Rs.)239.08291.75252.07
PBDIT / Share (Rs.)23.8421.6312.92
PBIT / Share (Rs.)22.3520.2610.87
PBT / Share (Rs.)19.6818.159.09
Net Profit / Share (Rs.)14.7212.566.75
PBDIT Margin (%)9.977.415.12
PBIT Margin (%)9.346.944.31
PBT Margin (%)8.236.223.60
Net Profit Margin (%)6.154.302.67
Return on Networth / Equity (%)33.4943.3531.80
Return on Capital Employeed (%)48.5055.6237.23
Return On Assets (%)12.949.073.64
Long Term Debt / Equity (X)0.020.220.30
Total Debt / Equity (X)0.962.134.51
Asset Turnover Ratio (%)2.522.390.00
Current Ratio (X)1.331.170.99
Quick Ratio (X)0.921.030.96
Inventory Turnover Ratio (X)12.6130.350.00
Interest Coverage Ratio (X)8.9310.237.26
Interest Coverage Ratio (Post Tax) (X)6.526.944.79

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Data is incomplete for fair value calculation.

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 17.20%, which is a positive sign.
  2. The company has shown consistent growth in sales (16.84 cr) and profit (1.10 cr) over the years.
  1. The stock has a high average Working Capital Days of 113.07, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 122.51, which may not be favorable.
  3. The company has higher borrowings (4.31) compared to reserves (1.57), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aik Pipes & Polymers Ltd:
    1. Net Profit Margin: 6.15%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 48.50% (Industry Average ROCE: 14.35%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 33.49% (Industry Average ROE: 12.44%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 6.52
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.92
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✓ Stock P/E: 40.3 (Industry average Stock P/E: 108.9)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. ✓ Total Debt / Equity: 0.96
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating: ★★★★☆

About the Company

Plastics - Pipes & Fittings
INDUSTRYADDRESSCONTACT
F-9 Vinayak Enclave, Vaishali Nagar, Jaipur Rajasthan 302021Mr.Imran%20Khan
Chairman%20&%20Managing%20Director
Management
NamePosition Held
Mrs. Tahira SheikhWhole Time Director
Mr. Ajayraj Singh KhangarotExecutive Director
Mr. Mohammad Hanif KhanNon Executive Director
Mr. Pradeep Kumar AgarwalIndependent Director
Mr. Bhagat Singh ShekhawatIndependent Director

AIK Pipes And Polymers Ltd. Share Price Update

Share PriceValue
Today₹119.05
Previous Day₹117.95

FAQ

What is the latest fair value of Aik Pipes & Polymers Ltd?

The latest fair value of Aik Pipes & Polymers Ltd is 0.00.

What is the Market Cap of Aik Pipes & Polymers Ltd?

The Market Cap of Aik Pipes & Polymers Ltd is 75.8 Cr..

What is the current Stock Price of Aik Pipes & Polymers Ltd as on 23 April 2024?

The current stock price of Aik Pipes & Polymers Ltd as on 23 April 2024 is 119.

What is the High / Low of Aik Pipes & Polymers Ltd stocks in FY 2024?

In FY 2024, the High / Low of Aik Pipes & Polymers Ltd stocks is ₹152/96.5.

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

The Stock P/E of Aik Pipes & Polymers Ltd is 40.3.

What is the Book Value of Aik Pipes & Polymers Ltd?

The Book Value of Aik Pipes & Polymers Ltd is .

What is the Dividend Yield of Aik Pipes & Polymers Ltd?

The Dividend Yield of Aik Pipes & Polymers Ltd is 0.00 %.

What is the ROCE of Aik Pipes & Polymers Ltd?

The ROCE of Aik Pipes & Polymers Ltd is 32.9 %.

What is the ROE of Aik Pipes & Polymers Ltd?

The ROE of Aik Pipes & Polymers Ltd is 49.2 %.

What is the Face Value of Aik Pipes & Polymers Ltd?

The Face Value of Aik Pipes & Polymers Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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