AIK Pipes Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

AIK Pipes And Polymers Ltd. is a Jaipur-based manufacturer specializing in a diverse range of high-density polyethylene (HDPE) and polyvinyl chloride (PVC) piping solutions. The company operates within the polymer processing industry, serving critical sectors such as potable water supply, agriculture, sewerage, and telecommunications. With its primary manufacturing facility located in Govindgarh, Jaipur, the company provides integrated piping systems, including pipes, fittings, and MDPE (Medium Density Polyethylene) pipes, catering to both government and private infrastructure projects.

Key Points

Key Facts

• Founded Year: 2017 (Incorporated as AIK Pipes and Polymers Private Limited)
• Headquarters: Jaipur, Rajasthan
• Stock Listing: Listed on the BSE SME platform (Scrip Code: 544071)
• Key Personnel: Imran Khan (Chairman and Managing Director), Tahira Sheikh (Whole Time Director and CFO)

Operations and Resources

• Manufacturing Facility: The company’s operations are centered at its plant in Govindgarh, Jaipur (Rajasthan).
• Core Assets: As of September 30, 2025, the company reported tangible assets valued at ₹489.19 lakhs.
• Product Portfolio: The offering includes HDPE pipes, HDPE fittings, MDPE pipes, and P P fittings. These products are utilized across various applications including water storage, drainage, and cable ducting.

Market and Significance

• Industries Served: Major client sectors include agriculture, telecommunications (PLB HDPE ducts for optical fiber cables), and government infrastructure departments for potable water and sewage disposal.
• Strategic Importance: The company plays a role in regional infrastructure development, particularly in Rajasthan, by supplying essential piping components for large-scale water management and telecommunication network expansions.

Business Model and Expertise

• Revenue Model: AIK Pipes and Polymers generates revenue primarily through the manufacturing and sale of plastic products. For the half-year ended September 30, 2025, the company recorded total income from operations of ₹2,176 lakhs.
• Financial Performance (Annualized/Half-Yearly):
  • For the full financial year ended March 31, 2025, the company reported a Profit Before Tax (PBT) of ₹165.46 lakhs.
  • For the half-year ended September 30, 2025, the company faced a loss before taxation of ₹72.65 lakhs, primarily due to higher operational costs and shifts in working capital.
• Geographical Presence: While headquartered in Rajasthan, the company serves a broad market including institutional and government customers.

Key Products and Technology

• Specialized Offerings:
  • HDPE & MDPE Pipes: High-durability piping for high-pressure water supply and gas distribution.
  • Telecom Ducts: Permanently Lubricated (PLB) HDPE ducts designed for the protection of optical fiber cables.
  • Fittings: A range of injection-molded fittings to ensure integrated system performance.
• Inventory and Trade: The company maintained inventories worth ₹887.78 lakhs and trade receivables of ₹1,030.64 lakhs as of September 30, 2025.

Strategic Initiatives and Outlook

• Growth Strategy: The company is focused on expanding its product reach within the infrastructure and agricultural sectors. Current initiatives involve optimizing its supply chain and managing raw material volatility—a common challenge in the polymer industry due to its sensitivity to crude oil price fluctuations.
• Recent Developments: The company recently conducted a board meeting in November 2025 to review its unaudited financial results for the half-year, indicating a focus on transparency and regular financial monitoring following its listing.

References

1. Result Nov 2025