Aik Pipes and Polymers Limited - manufacturing in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN L25209RJ2017PLC059111 Incorporated 19 September 2017 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Listed - BSE: 544072 Public Limited Company manufacturing MSME · Small
Data last updated
Market Cap
₹15.51 Cr
AIKPIPES · BSE
Share Price
₹25.59
+4.96% today
Revenue
₹9.45 Cr
FY 2025-26 · -62.4% YoY
EBITDA
₹0.91 Cr
Margin 9.6%
Net Profit
₹0.08 Cr
FY 2025-26 · -93.7% YoY
P/E (TTM)
178.1x
P/B 0.7x
ROE
0.4%
ROCE 2.9%
Debt / Equity
0.30
Interest cover 126.7x

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). 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 2025. 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. Its 10 peer companies in the Manufacturing industry (Pipes, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Rishi Polymach Private Limited with revenue of ₹25.66 Cr.

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 of Aik Pipes and Polymers Limited
CIN L25209RJ2017PLC059111
Registration Number 059111
Incorporation Date 19 September 2017
ROC Jaipur
Listing Status Listed (BSE: 544072)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0016790

CIN History of Aik Pipes and Polymers Limited

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.

CINStatus
L25209RJ2017PLC059111Current
U25209RJ2017PTC059111Previous
U25209RJ2017PLC059111Previous

Recognitions & Rankings of Aik Pipes and Polymers

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-RJ-17-0016790
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No. 506 5th Floor Elements, Mall Ajmer Road, Jaipur, Rajasthan, India – 302021
  • Industry
    Manufacturing, Pipe & Tubes
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Financials from FY 2018 Directors & ownership Charges & compliance

Associated Brands with Aik Pipes and Polymers Limited

Aik Pipes and Polymers operates one associated brand: AIK Pipes & Polymers. Each brand links to its own profile.

BrandDescriptionWebsite
Pipes and fittings for water and gas systems are manufactured.aikpipes.com

Business Activity of Aik Pipes and Polymers Limited

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Aik Pipes and Polymers Limited FY 2025-26 filings available

Aik Pipes and Polymers Limited reported revenue of ₹9.45 Cr (down 62.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹9.45 Cr
-62.4% YoY
EBITDA
₹0.91 Cr
-62.6% YoY
Profit After Tax
₹0.08 Cr
-93.7% YoY
Net Worth
₹22.92 Cr
+0.4% YoY
Total Assets
₹30.64 Cr
+7.0% YoY
Total Debt
₹7.72 Cr
+32.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9.4525.1037.2730.4820.4210.086.36
Revenue growth-62.4%-32.7%+22.3%+49.3%+102.6%+58.5%-
EBITDA0.912.434.722.991.020.400.24
EBITDA margin+9.6%+9.7%+12.7%+9.8%+5.0%+4.0%+3.8%
Profit before tax0.281.643.842.481.260.370.24
Net profit0.081.273.401.830.870.270.18
Net profit margin+0.9%+5.1%+9.1%+6.0%+4.3%+2.7%+2.8%
EPS (₹)0.142.015.3614.3912.566.4911.82
Balance sheet
Total assets30.6428.6427.0310.986.364.664.03
Net worth22.9222.8321.925.612.030.830.32
Total debt7.725.815.105.384.323.833.71
Cash & bank0.260.260.490.400.450.670.01
Net working capital21.3119.0817.248.085.133.543.01
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 financing1.35(0.41)11.952.430.640.301.58
ParticularsSep 2023Jun 2023Mar 2023
Revenue7.5113.777.26
Other income(0.23)0.23(0.32)
Total expenses5.9812.486.08
EBITDA1.531.291.18
EBITDA margin+20.4%+9.4%+16.3%
Depreciation0.070.060.06
Interest0.120.100.09
Profit before tax1.111.360.71
Tax0.320.350.18

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsSep 2023Jun 2023Mar 2023
Revenue7.5113.777.26
Other income(0.23)0.23(0.32)
Total expenses5.9812.486.08
EBITDA1.531.291.18
EBITDA margin+20.4%+9.4%+16.3%
Depreciation0.070.060.06
Interest0.120.100.09
Profit before tax1.111.360.71
Tax0.320.350.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9.4525.1037.2730.4820.4210.086.36
Revenue growth-62.4%-32.7%+22.3%+49.3%+102.6%+58.5%-
Other income0.400.350.100.000.490.120.14
Total expenses8.5422.6732.5527.4919.409.686.12
Employee cost0.730.700.660.470.330.290.23
EBITDA0.912.434.722.991.020.400.24
EBITDA margin+9.6%+9.7%+12.7%+9.8%+5.0%+4.0%+3.8%
Depreciation0.460.390.300.190.100.080.07
Interest0.570.750.680.320.150.070.07
Profit before tax0.281.643.842.481.260.370.24
Tax0.200.370.440.650.390.100.06
Net profit0.081.273.401.830.870.270.18
Net profit margin+0.9%+5.1%+9.1%+6.0%+4.3%+2.7%+2.8%
EPS (₹)0.142.015.3614.3912.566.4911.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.366.366.361.280.700.400.15
Reserves & surplus16.5616.4715.564.331.330.430.17
Shareholders' funds (net worth)22.9222.8321.925.612.030.830.32
Secured loans7.725.815.105.381.871.000.59
Unsecured loans0.000.000.000.002.452.833.12
Total debt7.725.815.105.384.323.833.71
Total liabilities30.6428.6427.0310.986.364.664.03
Assets
Gross block6.356.135.013.501.581.361.20
Net block4.724.974.233.011.281.161.08
Capital work in progress0.000.000.000.000.000.000.00
Investments3.733.504.130.020.020.020.00
Inventories9.687.216.413.441.040.180.05
Sundry debtors13.4915.0514.447.506.855.343.66
Cash & bank balances0.260.260.490.400.450.670.01
Loans & advances0.780.211.260.130.040.020.03
Total current assets24.2122.7322.6011.478.386.213.75
Total current liabilities2.903.655.363.393.252.670.74
Net working capital21.3119.0817.248.085.133.543.01
Total assets30.6428.6427.0310.986.364.664.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.260.490.400.450.670.010.13
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 activities1.35(0.41)11.952.430.640.301.58
Net change in cash0.01(0.23)0.09(0.05)(0.22)0.67(0.12)
Closing cash0.260.260.490.400.450.670.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.300.240.381.272.856.5511.59
Long-term debt / equity0.030.050.100.250.250.500.98
Interest cover126.6736.7615.3811.4316.3021.8841.18
Efficiency & per share
Fixed asset turnover1.514.518.7612.0013.897.885.30
Inventory turnover1.123.697.5713.6133.4887.65127.20
Debtors turnover0.661.703.404.253.352.241.74
EPS (₹)0.142.015.3614.3912.566.4911.82
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)36.0235.8934.4643.9328.9720.7521.35
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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajayraj Singh KhangarotDirector02 Mar 20197 Years 7 MonthsCurrent
Imran KhanManaging Director02 Dec 20196 Years 10 MonthsCurrent
Tahira SheikhWhole-Time Director23 Jun 20233 Years 3 MonthsCurrent
Pradeep Kumar AgarwalDirector23 Jun 20233 Years 3 MonthsCurrent
Mohammad Hanif KhanDirector23 Jun 20233 Years 3 MonthsCurrent
Bhagat Singh ShekhawatDirector23 Jun 20233 Years 3 MonthsCurrent

Peer Comparison of Aik Pipes and Polymers Limited

Aik Pipes and Polymers Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rishi Polymach Private Limited₹25.66 Cr (FY 2025)••••••••9.0%••••Bangalore, Karnataka, India
Gurukripa Wovensack Private Limited₹25.62 Cr (FY 2025)••••••••-11.0%••••Varanasi, Uttar Pradesh, India
Dustech Duct Company Private Limited₹25.62 Cr (FY 2025)••••••••10.0%••••New Delhi, Delhi, India
Patel Metals & Tubes Private Limited₹25.58 Cr (FY 2024)••••••••-5.0%••••Mumbai, Maharashtra, India
Austenite Tube Industries Private Limited₹25.48 Cr (FY 2025)••••••••7.0%••••Mumbai, Maharashtra, India
Kankai Pipes & Fittings Private Limited₹25.41 Cr (FY 2025)••••••••-22.0%••••Rajkot, Gujarat, India
Diamond Pipe Supports Private Limited₹25.38 Cr (FY 2024)••••••••5.0%••••Mumbai, Maharashtra, India
Behera Engineering Works Private Limited₹25.36 Cr (FY 2024)••••••••-3.0%••••Paradeep, Odisha, India
Garodia Polymers Private Limited₹25.29 Cr (FY 2025)••••••••58.0%••••Ranchi, Jharkhand, India
Citysole Polymers Private Limited₹25.22 Cr (FY 2025)••••••••55.0%••••Delhi, India
Aik Pipes and Polymers Limited this company₹9.45 Cr (FY 2026)••••••••-62.4%••••Jaipur, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Aik Pipes and Polymers by revenue in the Manufacturing industry (Pipes, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Aik Pipes and Polymers Limited

Open charges
₹6.12 Cr
Satisfied charges
₹5.05 Cr
Breakdown by lending institutions
Others₹6.12 Cr
Latest charge details
DateLenderAmountStatus
28 Sep 2023Others₹5 CrOpen
28 Sep 2023Others₹50 LakhOpen
28 Sep 2023Others₹10.1 LakhOpen
28 Sep 2023Others₹32 LakhOpen
26 Apr 2022Others₹20 LakhOpen

Total charge records: 10 View all charges

Deals & Funding of Aik Pipes and Polymers Limited

Aik Pipes and Polymers Limited has 13 deals on record (8 market trades, 4 rights issues, 1 ipo); the latest was in February 2026.

Total deals
13
Market trades
8
Rights issues
4
IPO
1

Deals on record (5 of 13)

WhenDealAmountParties
Feb 2026Market trade₹7.4 LakhBuyer: an individual
Seller: Satya Prakash Mittal Huf
Sep 2025Market trade₹26.4 LakhBuyer: Satya Prakash Mittal Huf
Seller: an individual
Sep 2024Market trade₹66.9 LakhSeller: Vicco Products Bombay Pvt Ltd
Jul 2024Market trade₹58.7 LakhBuyer: Shreni Shares Limited
Seller: Shreni Shares Limited
May 2024Market trade₹76 LakhBuyer: Vicco Products Bombay Pvt Ltd
Seller: an individual
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Full deal history

All 13 deals with amounts, valuations, instruments and every party are in the company report.

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Employees and EPFO Compliance at Aik Pipes and Polymers Limited

Employment history and EPFO contributions of people linked to Aik Pipes and Polymers.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Aik Pipes and Polymers Limited

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.

AGM
Aik Pipes And Polymers Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Aik Pipes And Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Ceased
Anshita Jain ceased to be Company Secretary.
Charges
A charge registered on 07 Jul 2022 via Charge ID 100593315 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge registered on 28 Jul 2021 via Charge ID 100464604 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge registered on 15 Mar 2019 via Charge ID 100247310 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge registered on 26 Mar 2018 via Charge ID 100168782 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100795350 was registered on 28 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100795359 was registered on 28 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100795364 was registered on 28 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100795371 was registered on 28 Sep 2023.
Ceased
Ajayraj Singh Khangarot ceased to be Director.

20 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Aik Pipes and Polymers Limited

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MSME Payment Delays by Aik Pipes and Polymers Limited

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Subsidiaries & Group Companies of Aik Pipes and Polymers Limited

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GST Compliance of Aik Pipes and Polymers Limited

Aik Pipes and Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAQCA0492H1ZGRajasthanActive29 Dec 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Aik Pipes and Polymers Limited

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Related news about Aik Pipes and Polymers Limited

Frequently Asked Questions about Aik Pipes and Polymers Limited

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:

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 listed on BSE with 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.

The peers of Aik Pipes and Polymers by revenue are Rishi Polymach Private Limited, Gurukripa Wovensack Private Limited, Dustech Duct Company Private Limited, Patel Metals & Tubes Private Limited, Austenite Tube Industries Private Limited and 5 more, all in the Manufacturing industry (Pipes, Polymers).

Anshita Jain ceased to be Company Secretary on 12 Mar 2024. Ajayraj Singh Khangarot ceased to be Director on 23 Jun 2023. Bhagat Singh Shekhawat was appointed as Director on 23 Jun 2023. Aik Pipes and Polymers has 13 board changes on record in total.

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