Tijaria Polypipes Limited (TIJARIA) AI Stock Analysis

Tijaria Polypipes Limited

(NSE:TIJARIA)

Select Model

Rating:42Neutral

Price Target:INR 5.00▼(-4.76% Downside)

Action:reiterated

Date:09/24/26

Extremely weak financial performance with collapsing revenues, negative equity and insolvency risk is the dominant factor, only slightly offset by neutral-positive technical indicators while poor valuation adds further pressure.

Positive Factors

Broad end-market exposureExposure to several essential fluid-conveyance applications gives the company access to multiple sources of potential demand rather than a single use case. Water, plumbing, irrigation and infrastructure needs can support relevance across construction and utility projects over the medium term.

Negative Factors

Severe revenue contractionThe collapse in revenue indicates a major deterioration in operating scale and weakens the company’s ability to absorb fixed manufacturing and administrative costs. Revenue remaining effectively zero in 2026 leaves little evidence of a durable recovery in customer demand or business activity.

Tijaria Polypipes Limited (TIJARIA) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 150.29M
Dividend Yield: ―
Average Volume (3M): 15.56K
Price to Earnings (P/E): -10.9
Beta (1Y): 0.68
Revenue Growth: ―
EPS Growth: 72.79%
Country: India
Employees: 1
Sector: General
Sector Strength: 55
Industry: Manufacturing - Miscellaneous

Tijaria Polypipes Limited Business Overview & Revenue Model

Company Description

Tijaria Polypipes Limited, an enterprise operating both domestically in India and globally, specializes in the production and distribution of plastic goods and textile items, marketed under its well-known Tijaria and Vikas brands. Its operations are...

How the Company Makes Money

TIJARIA primarily makes money by manufacturing and selling plastic piping products. Its core revenue stream is the sale of polymer pipes (and typically related components such as fittings and accessories where offered) into end-markets like residenti...

Tijaria Polypipes Limited Financial Statement Overview

Summary

Revenue plummeted to zero with persistent net losses, negative equity worsening to -337 million, high debt around 700-770 million, and volatile cash flows indicating severe instability and insolvency risk.

Income Statement

10Very Negative

Balance Sheet

5Very Negative

Cash Flow

15Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	2.98M	1.49M	138.47M	548.82M
Gross Profit	-5.55M	0	1.53M	19.00K	-19.32M	12.93M
EBITDA	-979.81K	763.11B	31.42M	-1.35M	-41.20M	-98.77M
Net Income	-13.82M	-12.87M	-54.30M	-29.16M	-94.56M	-217.05M
Balance Sheet
Total Assets	479.72M	487.71M	544.77M	545.21M	615.27M	677.04M
Cash, Cash Equivalents and Short-Term Investments	11.90M	18.56M	18.23M	17.58M	885.24K	457.97K
Total Debt	721.38M	728.26M	774.02M	724.02M	763.68M	691.54M
Total Liabilities	821.23M	825.61M	869.80M	815.93M	856.83M	824.23M
Stockholders Equity	-341.51M	-337.90M	-325.02M	-270.72M	-241.56M	-147.19M
Cash Flow
Free Cash Flow	51.43M	5.01T	-51.60M	38.81M	-53.25M	20.02M
Operating Cash Flow	51.43M	5.01T	-51.60M	38.81M	-53.25M	21.50M
Investing Cash Flow	569.00K	57.92B	1.42M	488.76K	1.68M	5.82M
Financing Cash Flow	-52.01M	-5.06T	49.82M	-39.82M	52.00M	-51.44M

Tijaria Polypipes Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price5.25

Price Trends

50DMA6.55Negative

100DMA5.62Negative

200DMA5.16Positive

Market Momentum

MACD-0.41Positive

RSI36.97Neutral

STOCH21.44Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TIJARIA, the sentiment is Negative. The current price of 5.25 is below the 20-day moving average (MA) of 5.79, below the 50-day MA of 6.55, and above the 200-day MA of 5.16, indicating a neutral trend. The MACD of -0.41 indicates Positive momentum. The RSI at 36.97 is Neutral, neither overbought nor oversold. The STOCH value of 21.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TIJARIA.

Tijaria Polypipes Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:TIJARIA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SUPREMEIND	68Neutral	INR 400.26B	35.41	―	1.17%	16.64%	33.27%
IN:PRINCEPIPE	61Neutral	INR 28.34B	27.75	―	0.39%	5.10%	347.36%
IN:ASTRAL	57Neutral	INR 359.32B	62.62	―	0.30%	16.79%	18.82%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:FINPIPE	52Neutral	INR 85.13B	13.77	―	1.46%	2.80%	26.35%
IN:APOLLOPIPE	45Neutral	INR 22.12B	-240.17	―	0.14%	-1.99%	-132.14%
IN:TIJARIA	42Neutral	INR 150.29M	-10.94	―	―	―	72.79%

* General Sector Average

Performance Comparison

IN:TIJARIA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:TIJARIA	Tijaria Polypipes Limited	5.25	-0.79	-13.08%
IN:APOLLOPIPE	Apollo Pipes Ltd.	502.10	196.62	64.37%
IN:ASTRAL	Astral Limited	1337.50	-139.76	-9.46%
IN:FINPIPE	Finolex Industries Limited	137.20	-47.56	-25.74%
IN:PRINCEPIPE	Prince Pipes And Fittings Ltd	256.35	-65.97	-20.47%
IN:SUPREMEIND	Supreme Industries Limited	3151.00	-737.98	-18.98%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 24, 2026

Tijaria Polypipes Limited AI Stock Analysis