Industrial & Prudential Investment Company Ltd

Industrial & Prudential Investment Company Ltd

₹ 6,935 -5.32%
13 Dec - close price
About

Incorporated in 1913, The Industrial and Prudential Investment Company Ltd is in the business of investments and lending[1]

Key Points

Business Overview:[1]
IPICL is a Non Systematically Important
Non-Deposit Taking Non-Banking Finance Corporation. It is engaged primarily in investments in equity shares for a long
-term value creation for the stakeholder

  • Market Cap 1,162 Cr.
  • Current Price 6,935
  • High / Low 8,300 / 4,162
  • Stock P/E 22.0
  • Book Value 5,017
  • Dividend Yield 1.30 %
  • ROCE 7.23 %
  • ROE 7.12 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 21.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 25.3%

Cons

  • The company has delivered a poor sales growth of 1.16% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 6.97% over last 3 years.
  • Earnings include an other income of Rs.46.9 Cr.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1 2 1 2 2 3 1 2 2 2 1 1 4
0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Profit 1 2 0 2 2 3 0 2 1 1 0 1 4
OPM % 93% 96% 56% 84% 90% 91% 31% 94% 90% 85% 55% 75% 94%
6 8 8 9 10 8 12 9 14 11 12 10 15
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 7 11 9 11 12 11 12 11 15 12 12 11 18
Tax % 4% 6% -7% -1% 11% 9% -9% 11% -5% 2% 0% 0% 0%
7 10 9 11 10 10 14 10 16 12 12 11 18
EPS in Rs 41.06 58.78 56.63 63.91 62.42 59.91 80.56 57.94 93.57 71.25 72.32 63.13 108.72
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
9 3 8 8 8 5 6 3 8 7 7 6 7
1 1 1 1 1 1 1 3 1 1 1 1 1
Operating Profit 8 2 7 7 7 5 5 0 7 6 6 5 6
OPM % 93% 75% 90% 89% 89% 88% 89% 9% 91% 91% 86% 87% 86%
-0 0 0 0 0 0 0 26 20 32 39 45 47
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 8 2 7 7 7 5 5 26 27 38 46 50 53
Tax % -0% 0% 6% 2% 4% 7% 25% 7% 4% 4% 2% 2%
8 2 21 21 21 20 19 24 26 37 45 49 53
EPS in Rs 47.59 12.24 125.24 125.94 120.44 114.31 108.41 140.09 157.12 220.01 266.86 295.14 315.42
Dividend Payout % 39% 153% 15% 27% 21% 22% 23% 18% 16% 23% 23% 31%
Compounded Sales Growth
10 Years: 8%
5 Years: 1%
3 Years: -9%
TTM: 1%
Compounded Profit Growth
10 Years: 37%
5 Years: 21%
3 Years: 23%
TTM: 8%
Stock Price CAGR
10 Years: 25%
5 Years: 50%
3 Years: 67%
1 Year: 60%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 7%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.58 0.58 0.58 0.58 2 2 2 2 2 2 2 2 2
Reserves 31 30 148 163 183 197 329 321 512 617 618 768 839
0 0 0 0 0 0 0 0 0 0 0 0 0
4 4 5 8 1 1 85 79 9 26 19 32 47
Total Liabilities 36 35 154 171 186 199 416 402 523 645 639 802 888
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 31 33 152 169 183 197 411 400 521 637 632 794 880
5 1 3 2 3 2 5 3 2 8 7 7 7
Total Assets 36 35 154 171 186 199 416 402 523 645 639 802 888

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1 0 -1 6 5 5 5 7 7 4 11 14
8 -0 5 -2 3 -1 0 -2 7 1 -3 -4
-4 -4 -4 -4 -7 -5 -5 -5 -15 -5 -8 -10
Net Cash Flow 3 -3 1 0 1 -1 0 0 -1 0 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days -144 -571 -212 -370 -51 -43 65 -66 -24 -4 -58 -32
ROCE % 27% 7% 8% 4% 4% 2% 2% 7% 7% 7% 7% 7%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
68.17% 68.17% 67.93% 68.17% 68.17% 68.17% 68.17% 68.17% 68.17% 68.17% 68.17% 68.17%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
31.75% 31.75% 31.98% 31.75% 31.75% 31.75% 31.76% 31.75% 31.75% 31.77% 31.75% 31.76%
No. of Shareholders 2,0092,0032,0211,8781,8531,8551,8431,9191,9551,9792,0422,300

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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