The stock surged after securing an ₹8.8 crore government order for a major water supply project. Despite recent profit declines, the firm’s diverse portfolio, strong client base, and focus on innovation and infrastructure solutions highlight its potential for recovery and long-term growth.
The shares of this water solution provider gained up to 4 percent in today’s trading session after the company bagged a significant work order from the Government of Rajasthan worth Rs 8.80 crore.
With a market capitalization of Rs 32.45 crore, the shares of AIK Pipes and Polymers Ltd were trading at Rs 51.00 per share, increasing around 4.92 percent as compared to the previous closing price of Rs 48.61 apiece.
Significant order
The shares of AIK Pipes and Polymers Ltd have seen positive movement after receiving an order from an AA-Class EPC contracting Firm working under the Public Health Engineering Department (PHED), Government of Rajasthan, for the supply of HDPE Pipes for the Isarda Dausa water supply project (Package-4) worth Rs 8.8 crore. The order should be completed in approximately 4-5 months.
Financial & Operational Highlights
The company’s financial performance showed a sharp decline in the second half of FY25, with revenue falling 42 percent and net profit plunging 94 percent. The steep drop indicates weaker demand or rising costs, suggesting operational inefficiencies and potential challenges in sustaining profitability and growth momentum ahead.
AIK Pipes positions itself as a versatile manufacturer offering solutions across potable water, irrigation, oil and gas, and telecom sectors. With a focus on innovation and customer satisfaction, it provides high-performance HDPE and MDPE products engineered for efficiency, durability, and sustainability across critical infrastructure applications.
AIK Pipes serves a strong and diverse clientele, including reputed names such as Windsor, SPML, Afcons, BCPL, Hexaplast, BRC, ELGi, Nu-Vu Conair, and GA Infra. These associations highlight the company’s credibility, quality standards, and trusted presence across infrastructure, engineering, and industrial sectors.
AIK Pipes and Polymers Ltd is a leading manufacturer and exporter of HDPE and MDPE pipes, fittings, and ducts, catering to diverse sectors such as water supply, irrigation, oil and gas, and telecom. The company emphasizes innovation, quality, and sustainability to deliver reliable piping solutions for critical infrastructure needs.
With a strong focus on engineering excellence and customer satisfaction, AIK Pipes has built long-term relationships with reputed clients across India. Its advanced manufacturing facilities, wide product range, and commitment to performance-driven growth have positioned it as a trusted partner in India’s evolving infrastructure and utilities landscape.
Written by Abhishek Singh
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