Aik Pipes & Polymers Ltd

Aik Pipes & Poly Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aik Pipes & Polymers Ltd

₹ 111 -0.71%
22 Nov - close price
aikpipes.com BSE - SME: 544072
About

Incorporated in 2017, AIK Pipes and Polymers Ltd manufactures pipes[1]

Key Points

Product Profile:[1]
a) High Density Polyethylene (HDPE) Pipes: Available in sizes from 20mm to 250mm, with pressure classes from PN 2.5 to PN 16, and in PE63, PE80, and PE100 grades.

Website BSE
  • Market Cap ₹ 70.8 Cr.
  • Current Price ₹ 111
  • High / Low ₹ 170 / 96.5
  • Stock P/E 25.3
  • Book Value ₹ 35.8
  • Dividend Yield 0.00 %
  • ROCE 23.0 %
  • ROE 24.8 %
  • Face Value ₹ 10.0
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Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 32.2%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Working capital days have increased from 130 days to 214 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plastic products Industry: Plastics Products

Part of BSE SME IPO

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024
21.28 15.99 15.87
18.47 14.23 13.77
Operating Profit 2.81 1.76 2.10
OPM % 13.20% 11.01% 13.23%
0.01 0.10 0.06
Interest 0.22 0.32 0.41
Depreciation 0.13 0.17 0.18
Profit before tax 2.47 1.37 1.57
Tax % 26.72% -16.06% 23.57%
1.81 1.60 1.20
EPS in Rs 3.87 2.51 1.89
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
6.36 10.08 20.42 30.48 37.27 31.86
6.12 9.68 19.39 27.49 32.69 28.00
Operating Profit 0.24 0.40 1.03 2.99 4.58 3.86
OPM % 3.77% 3.97% 5.04% 9.81% 12.29% 12.12%
0.14 0.12 0.49 0.00 0.10 0.16
Interest 0.07 0.07 0.15 0.32 0.54 0.73
Depreciation 0.07 0.08 0.10 0.19 0.30 0.35
Profit before tax 0.24 0.37 1.27 2.48 3.84 2.94
Tax % 25.00% 27.03% 30.71% 26.21% 11.46%
0.18 0.26 0.88 1.83 3.41 2.80
EPS in Rs 12.00 6.50 12.57 14.35 5.36 4.40
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 55%
TTM: 22%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 136%
TTM: 86%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 32%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.15 0.40 0.70 1.28 6.36 6.36
Reserves 0.17 0.43 1.33 4.33 15.56 16.40
3.71 3.83 4.32 5.38 5.10 8.28
0.81 2.74 3.33 3.51 5.37 3.22
Total Liabilities 4.84 7.40 9.68 14.50 32.39 34.26
1.08 1.16 1.28 3.02 4.23 5.06
CWIP 0.00 0.00 0.00 0.00 0.00 3.28
Investments 0.00 0.02 0.02 0.02 0.02 0.75
3.76 6.22 8.38 11.46 28.14 25.17
Total Assets 4.84 7.40 9.68 14.50 32.39 34.26

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.25 0.54 -0.65 -0.56 -10.44
-0.45 -0.18 -0.22 -1.92 -1.56
1.58 0.30 0.64 2.43 12.10
Net Cash Flow -0.12 0.67 -0.22 -0.05 0.09

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 210.05 193.36 122.44 89.81 141.42
Inventory Days 3.32 7.67 20.61 48.93 77.68
Days Payable 11.95 99.66 54.89 39.54 50.17
Cash Conversion Cycle 201.42 101.37 88.16 99.20 168.92
Working Capital Days 172.17 104.65 83.47 92.09 214.28
ROCE % 10.13% 25.79% 32.30% 22.99%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2024
73.47%
26.53%
No. of Shareholders 560

Documents

Announcements

Annual reports

Concalls

  • Mar 2024
    Transcript
    Notes
    PPT