Aik Pipes & Polymers Ltd

Aik Pipes & Polymers Ltd (AIKPIPES) is a micro-cap Industrial Products company valued at ₹16 crore operating in Plastic Products - Industrial on the NSE and BSE.

Recent price move

Aik Pipes & Polymers Ltd last traded at ₹24.38, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest quarter results, showing a net profit of ₹1 crore, a sharp increase from the previous quarter's net loss of ₹1 crore. This marks a significant improvement in the company's financial performance.

Financial performance

The company's business has deteriorated significantly, with annual revenue falling 62.4% and annual net profit dropping to zero. The latest quarter saw revenue decline 18.1% year-over-year, but net profit surged 1085.7% to ₹1 crore, indicating a potential turnaround in profitability.

Valuation multiples

The stock trades at 174.1 times earnings, 0.88 times book value.

Things to watch

The company has reported an annual net profit of zero, a net profit margin that has fallen 4.2 percentage points to 0.9%, and a return on equity of 0.4%. The stock is 59.3% below its 52-week high, and the company's revenue has declined by 62.4% annually.

Where it stands

The company's financial performance has been weak, with annual revenue and net profit declining sharply. However, the latest quarter showed a significant improvement in net profit. The stock is far below its 52-week high, and the company's profitability remains a concern.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.