- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0016790

About Aik Pipes and Polymers Limited
Data last updated:
Aik Pipes and Polymers Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 19 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L25209RJ2017PLC059111. Its GSTIN is 08AAQCA0492H1ZG (Rajasthan). It is a listed company as per MCA records. Its shares are listed on BSE: 544072.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹6.36 Cr. It is led by directors including Imran Khan (Managing Director) and Tahira Sheikh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Jaipur, Rajasthan.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹9.45 Cr, a decline of 62.4% compared to the previous year. For the same year it recorded a net profit of ₹8 Lakh (net margin 0.8%) and EBITDA of ₹91 Lakh (EBITDA margin 9.6%). The net worth stands at ₹22.92 Cr (up 0.4% YoY). Total assets are valued at ₹30.64 Cr (up 7% YoY).
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AIK Pipes & Polymers. As per MCA filings, the company has open charges of ₹6.12 Cr and satisfied charges of ₹5.05 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 13 deals on record (8 market trades, 4 rights issues, 1 ipo); the latest was in February 2026.
Aik Pipes and Polymers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0016790). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aikpipes.com.
Company details
CIN history
Aik Pipes and Polymers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25209RJ2017PLC059111, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209RJ2017PLC059111 | Current |
| U25209RJ2017PTC059111 | Previous |
| U25209RJ2017PLC059111 | Previous |
Recognitions & Rankings of Aik Pipes and Polymers
Contact details
Aik Pipes and Polymers Limited's registered office is in Jaipur, Rajasthan.
- Registered AddressOffice No. 506 5th Floor Elements, Mall Ajmer Road, Jaipur, Rajasthan, India – 302021
- IndustryManufacturing, Pipe & Tubes
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aik Pipes and Polymers operates one associated brand: AIK Pipes & Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pipes and fittings for water and gas systems are manufactured. | aikpipes.com |
Business activity
The main business activity of Aik Pipes and Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Aik Pipes and Polymers Limited, buy the company report.
Financials of Aik Pipes and Polymers Limited
FY 2025-26 filings availableAik Pipes and Polymers Limited reported revenue of ₹9.45 Cr (down 62.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9.45 | 25.10 | 37.27 | 30.48 | 20.42 | 10.08 | 6.36 |
| Revenue growth | -62.4% | -32.7% | +22.3% | +49.3% | +102.6% | +58.5% | - |
| EBITDA | 0.91 | 2.43 | 4.72 | 2.99 | 1.02 | 0.40 | 0.24 |
| EBITDA margin | +9.6% | +9.7% | +12.7% | +9.8% | +5.0% | +4.0% | +3.8% |
| Profit before tax | 0.28 | 1.64 | 3.84 | 2.48 | 1.26 | 0.37 | 0.24 |
| Net profit | 0.08 | 1.27 | 3.40 | 1.83 | 0.87 | 0.27 | 0.18 |
| Net profit margin | +0.9% | +5.1% | +9.1% | +6.0% | +4.3% | +2.7% | +2.8% |
| EPS (₹) | 0.14 | 2.01 | 5.36 | 14.39 | 12.56 | 6.49 | 11.82 |
| Balance sheet | |||||||
| Total assets | 30.64 | 28.64 | 27.03 | 10.98 | 6.36 | 4.66 | 4.03 |
| Net worth | 22.92 | 22.83 | 21.92 | 5.61 | 2.03 | 0.83 | 0.32 |
| Total debt | 7.72 | 5.81 | 5.10 | 5.38 | 4.32 | 3.83 | 3.71 |
| Cash & bank | 0.26 | 0.26 | 0.49 | 0.40 | 0.45 | 0.67 | 0.01 |
| Net working capital | 21.31 | 19.08 | 17.24 | 8.08 | 5.13 | 3.54 | 3.01 |
| Cash flow | |||||||
| Cash from operations | (0.94) | 0.43 | (5.23) | (0.56) | (0.65) | 0.54 | (1.25) |
| Cash from investing | (0.40) | (0.25) | (6.64) | (1.92) | (0.22) | (0.18) | (0.45) |
| Cash from financing | 1.35 | (0.41) | 11.95 | 2.43 | 0.64 | 0.30 | 1.58 |
| Particulars | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|
| Revenue | 7.51 | 13.77 | 7.26 |
| Other income | (0.23) | 0.23 | (0.32) |
| Total expenses | 5.98 | 12.48 | 6.08 |
| EBITDA | 1.53 | 1.29 | 1.18 |
| EBITDA margin | +20.4% | +9.4% | +16.3% |
| Depreciation | 0.07 | 0.06 | 0.06 |
| Interest | 0.12 | 0.10 | 0.09 |
| Profit before tax | 1.11 | 1.36 | 0.71 |
| Tax | 0.32 | 0.35 | 0.18 |
Financial Statements
| Particulars | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|
| Revenue | 7.51 | 13.77 | 7.26 |
| Other income | (0.23) | 0.23 | (0.32) |
| Total expenses | 5.98 | 12.48 | 6.08 |
| EBITDA | 1.53 | 1.29 | 1.18 |
| EBITDA margin | +20.4% | +9.4% | +16.3% |
| Depreciation | 0.07 | 0.06 | 0.06 |
| Interest | 0.12 | 0.10 | 0.09 |
| Profit before tax | 1.11 | 1.36 | 0.71 |
| Tax | 0.32 | 0.35 | 0.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9.45 | 25.10 | 37.27 | 30.48 | 20.42 | 10.08 | 6.36 |
| Revenue growth | -62.4% | -32.7% | +22.3% | +49.3% | +102.6% | +58.5% | - |
| Other income | 0.40 | 0.35 | 0.10 | 0.00 | 0.49 | 0.12 | 0.14 |
| Total expenses | 8.54 | 22.67 | 32.55 | 27.49 | 19.40 | 9.68 | 6.12 |
| Employee cost | 0.73 | 0.70 | 0.66 | 0.47 | 0.33 | 0.29 | 0.23 |
| EBITDA | 0.91 | 2.43 | 4.72 | 2.99 | 1.02 | 0.40 | 0.24 |
| EBITDA margin | +9.6% | +9.7% | +12.7% | +9.8% | +5.0% | +4.0% | +3.8% |
| Depreciation | 0.46 | 0.39 | 0.30 | 0.19 | 0.10 | 0.08 | 0.07 |
| Interest | 0.57 | 0.75 | 0.68 | 0.32 | 0.15 | 0.07 | 0.07 |
| Profit before tax | 0.28 | 1.64 | 3.84 | 2.48 | 1.26 | 0.37 | 0.24 |
| Tax | 0.20 | 0.37 | 0.44 | 0.65 | 0.39 | 0.10 | 0.06 |
| Net profit | 0.08 | 1.27 | 3.40 | 1.83 | 0.87 | 0.27 | 0.18 |
| Net profit margin | +0.9% | +5.1% | +9.1% | +6.0% | +4.3% | +2.7% | +2.8% |
| EPS (₹) | 0.14 | 2.01 | 5.36 | 14.39 | 12.56 | 6.49 | 11.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.36 | 6.36 | 6.36 | 1.28 | 0.70 | 0.40 | 0.15 |
| Reserves & surplus | 16.56 | 16.47 | 15.56 | 4.33 | 1.33 | 0.43 | 0.17 |
| Shareholders' funds (net worth) | 22.92 | 22.83 | 21.92 | 5.61 | 2.03 | 0.83 | 0.32 |
| Secured loans | 7.72 | 5.81 | 5.10 | 5.38 | 1.87 | 1.00 | 0.59 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 2.45 | 2.83 | 3.12 |
| Total debt | 7.72 | 5.81 | 5.10 | 5.38 | 4.32 | 3.83 | 3.71 |
| Total liabilities | 30.64 | 28.64 | 27.03 | 10.98 | 6.36 | 4.66 | 4.03 |
| Assets | |||||||
| Gross block | 6.35 | 6.13 | 5.01 | 3.50 | 1.58 | 1.36 | 1.20 |
| Net block | 4.72 | 4.97 | 4.23 | 3.01 | 1.28 | 1.16 | 1.08 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.73 | 3.50 | 4.13 | 0.02 | 0.02 | 0.02 | 0.00 |
| Inventories | 9.68 | 7.21 | 6.41 | 3.44 | 1.04 | 0.18 | 0.05 |
| Sundry debtors | 13.49 | 15.05 | 14.44 | 7.50 | 6.85 | 5.34 | 3.66 |
| Cash & bank balances | 0.26 | 0.26 | 0.49 | 0.40 | 0.45 | 0.67 | 0.01 |
| Loans & advances | 0.78 | 0.21 | 1.26 | 0.13 | 0.04 | 0.02 | 0.03 |
| Total current assets | 24.21 | 22.73 | 22.60 | 11.47 | 8.38 | 6.21 | 3.75 |
| Total current liabilities | 2.90 | 3.65 | 5.36 | 3.39 | 3.25 | 2.67 | 0.74 |
| Net working capital | 21.31 | 19.08 | 17.24 | 8.08 | 5.13 | 3.54 | 3.01 |
| Total assets | 30.64 | 28.64 | 27.03 | 10.98 | 6.36 | 4.66 | 4.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.26 | 0.49 | 0.40 | 0.45 | 0.67 | 0.01 | 0.13 |
| Net cash from operating activities | (0.94) | 0.43 | (5.23) | (0.56) | (0.65) | 0.54 | (1.25) |
| Net cash from investing activities | (0.40) | (0.25) | (6.64) | (1.92) | (0.22) | (0.18) | (0.45) |
| Net cash from financing activities | 1.35 | (0.41) | 11.95 | 2.43 | 0.64 | 0.30 | 1.58 |
| Net change in cash | 0.01 | (0.23) | 0.09 | (0.05) | (0.22) | 0.67 | (0.12) |
| Closing cash | 0.26 | 0.26 | 0.49 | 0.40 | 0.45 | 0.67 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -62.4% | -32.7% | +22.3% | +49.3% | +102.6% | +58.5% | - |
| EBITDA growth | -62.6% | -48.5% | +57.9% | +193.1% | +155.0% | +66.7% | - |
| PBT growth | -82.9% | -57.3% | +54.8% | +96.8% | +240.5% | +54.2% | +9997.0% |
| Net income growth | -93.7% | -62.7% | +85.8% | +110.3% | +222.2% | +50.0% | - |
| Revenue CAGR (3Y) | -32.3% | +7.1% | +54.6% | +68.6% | - | - | - |
| EBITDA CAGR (3Y) | -32.7% | +33.6% | +127.7% | +131.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +0.9% | +5.1% | +9.1% | +6.0% | +4.3% | +2.7% | +2.8% |
| Return on capital employed | +2.9% | +8.7% | +23.8% | +32.2% | +25.8% | +9.9% | +7.7% |
| Return on net worth | +0.4% | +5.7% | +24.8% | +47.9% | +61.5% | +45.2% | +56.3% |
| Debt / equity | 0.30 | 0.24 | 0.38 | 1.27 | 2.85 | 6.55 | 11.59 |
| Long-term debt / equity | 0.03 | 0.05 | 0.10 | 0.25 | 0.25 | 0.50 | 0.98 |
| Interest cover | 126.67 | 36.76 | 15.38 | 11.43 | 16.30 | 21.88 | 41.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.51 | 4.51 | 8.76 | 12.00 | 13.89 | 7.88 | 5.30 |
| Inventory turnover | 1.12 | 3.69 | 7.57 | 13.61 | 33.48 | 87.65 | 127.20 |
| Debtors turnover | 0.66 | 1.70 | 3.40 | 4.25 | 3.35 | 2.24 | 1.74 |
| EPS (₹) | 0.14 | 2.01 | 5.36 | 14.39 | 12.56 | 6.49 | 11.82 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 36.02 | 35.89 | 34.46 | 43.93 | 28.97 | 20.75 | 21.35 |
To see the full year-wise statements and ratios of Aik Pipes and Polymers Limited, buy the company report.
Board of directors of Aik Pipes and Polymers Limited
Aik Pipes and Polymers has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajayraj Singh Khangarot | Director | 02 Mar 2019 | 7 Years 7 Months | Current |
| Imran Khan Also directs: Kizhaan Greenfield LLP | Managing Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Tahira Sheikh Also directs: Kizhaan Greenfield LLP | Whole-Time Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Pradeep Kumar Agarwal | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Mohammad Hanif Khan | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Bhagat Singh Shekhawat Also directs: Techno Edge LLP, Lavanya Skill Foundation | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2023 | 100795350 | Others | ₹5 Cr | Open | |
| 28 Sep 2023 | 100795359 | Others | ₹50 Lakh | Open | |
| 28 Sep 2023 | 100795364 | Others | ₹10.1 Lakh | Open | |
| 28 Sep 2023 | 100795371 | Others | ₹32 Lakh | Open | |
| 26 Apr 2022 | 100587309 | Others | ₹20 Lakh | Open |
To see the full charge records of Aik Pipes and Polymers Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Aik Pipes and Polymers Limited has 13 deals on record (8 market trades, 4 rights issues, 1 ipo); the latest was in February 2026.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹7.4 Lakh | Buyer: an individual Seller: Satya Prakash Mittal Huf |
| Sep 2025 | Market trade | ₹26.4 Lakh | Buyer: Satya Prakash Mittal Huf Seller: an individual |
| Sep 2024 | Market trade | ₹66.9 Lakh | Seller: Vicco Products Bombay Pvt Ltd |
| Jul 2024 | Market trade | ₹58.7 Lakh | Buyer: Shreni Shares Limited Seller: Shreni Shares Limited |
| May 2024 | Market trade | ₹76 Lakh | Buyer: Vicco Products Bombay Pvt Ltd Seller: an individual |
To see the full deal history of Aik Pipes and Polymers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aik Pipes and Polymers Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sikar, Rajasthan | Court case (Complaint) | Filed against the company by State of Rajasthan | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by State Governments | Disposed |
To see the full case history of Aik Pipes and Polymers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aik Pipes and Polymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aik Pipes and Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAQCA0492H1ZG | Rajasthan | Active | 29 Dec 2017 |
To see the full GST registrations and return filing status of Aik Pipes and Polymers Limited, buy the company report.
Recent activity
Aik Pipes and Polymers Limited has 13 board changes on record since 2019: 6 appointments and 7 cessations. The latest: Anshita Jain ceased to be Company Secretary on 12 Mar 2024.
20 earlier events are in the company report.
Frequently asked questions
Aik Pipes and Polymers is an active public limited company based in Jaipur, Rajasthan, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 19 September 2017 (9+ years old) and is registered under CIN L25209RJ2017PLC059111. Listed on BSE: 544072.
Aik Pipes and Polymers reported revenue of ₹9.45 Cr for FY 2025-26 (down 62.4% YoY) based on standalone financials.
Aik Pipes and Polymers has 6 current directors:
- Imran Khan - Managing Director
- Tahira Sheikh - Whole-Time Director
- Ajayraj Singh Khangarot - Director
- Pradeep Kumar Agarwal - Director
- Mohammad Hanif Khan - Director
- Bhagat Singh Shekhawat - Director
The latest financial statements of Aik Pipes and Polymers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aik Pipes and Polymers is 08AAQCA0492H1ZG, registered in Rajasthan.
The CIN (Corporate Identification Number) of Aik Pipes and Polymers is L25209RJ2017PLC059111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aik Pipes and Polymers is a listed company as per MCA records. Its shares are listed on BSE (code: 544072).
Aik Pipes and Polymers has 2 court cases on record: 2 filed against it.
Aik Pipes and Polymers was incorporated on 19 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
Aik Pipes and Polymers has 13 deals on record (8 market trades, 4 rights issues, 1 ipo); the latest was in February 2026.