Aik Pipes & Polymers Ltd
₹ 133
0.83%
19 Sep
10:03 a.m.
- Market Cap ₹ 84.7 Cr.
- Current Price ₹ 133
- High / Low ₹ 170 / 96.5
- Stock P/E 24.8
- Book Value ₹ 34.4
- Dividend Yield 0.00 %
- ROCE 23.0 %
- ROE 24.8 %
- Face Value ₹ 10.0
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
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 6.36 | 10.08 | 20.42 | 30.48 | 37.27 | |
| 6.12 | 9.68 | 19.39 | 27.49 | 32.69 | |
| Operating Profit | 0.24 | 0.40 | 1.03 | 2.99 | 4.58 |
| OPM % | 3.77% | 3.97% | 5.04% | 9.81% | 12.29% |
| 0.14 | 0.12 | 0.49 | 0.00 | 0.10 | |
| Interest | 0.07 | 0.07 | 0.15 | 0.32 | 0.54 |
| Depreciation | 0.07 | 0.08 | 0.10 | 0.19 | 0.30 |
| Profit before tax | 0.24 | 0.37 | 1.27 | 2.48 | 3.84 |
| Tax % | 25.00% | 27.03% | 30.71% | 26.21% | 11.46% |
| 0.18 | 0.26 | 0.88 | 1.83 | 3.41 | |
| EPS in Rs | 12.00 | 6.50 | 12.57 | 14.35 | 5.36 |
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 0.15 | 0.40 | 0.70 | 1.28 | 6.36 |
| Reserves | 0.17 | 0.43 | 1.33 | 4.33 | 15.56 |
| 3.71 | 3.83 | 4.32 | 5.38 | 5.10 | |
| 0.81 | 2.74 | 3.33 | 3.51 | 5.37 | |
| Total Liabilities | 4.84 | 7.40 | 9.68 | 14.50 | 32.39 |
| 1.08 | 1.16 | 1.28 | 3.02 | 4.23 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 |
| 3.76 | 6.22 | 8.38 | 11.46 | 28.14 | |
| Total Assets | 4.84 | 7.40 | 9.68 | 14.50 | 32.39 |
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Aug
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Jul
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 Jul - Of Institutional Investors Meet/ Research Analysts
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 Jul - Update on Analyst/Institutional Investors meeting participation.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 19 Jul
Annual reports
Concalls
-
Mar 2024TranscriptNotesPPT
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.