Investment & Precision Castings Ltd
Incorporated in 1975, Investment & Precision Castings Ltd is engaged in the production of investment castings[1]
- Market Cap ₹ 494 Cr.
- Current Price ₹ 987
- High / Low ₹ 1,049 / 545
- Stock P/E 81.4
- Book Value ₹ 183
- Dividend Yield 0.10 %
- ROCE 9.56 %
- ROE 6.85 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 59.8% CAGR over last 5 years
Cons
- Stock is trading at 5.41 times its book value
- The company has delivered a poor sales growth of 11.6% over past five years.
- Company has a low return on equity of 7.85% over last 3 years.
* 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
Industrials Capital Goods Industrial Products Castings & Forgings
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
69 | 77 | 85 | 92 | 108 | 119 | 95 | 105 | 132 | 170 | 171 | 165 | |
58 | 66 | 72 | 77 | 87 | 99 | 84 | 92 | 119 | 148 | 146 | 143 | |
Operating Profit | 11 | 11 | 13 | 15 | 21 | 20 | 11 | 13 | 13 | 22 | 25 | 22 |
OPM % | 16% | 14% | 15% | 16% | 19% | 17% | 12% | 12% | 10% | 13% | 15% | 14% |
0 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | |
Interest | 4 | 4 | 4 | 4 | 4 | 5 | 7 | 6 | 6 | 7 | 7 | 7 |
Depreciation | 5 | 4 | 5 | 5 | 5 | 6 | 7 | 7 | 7 | 7 | 8 | 8 |
Profit before tax | 2 | 3 | 4 | 6 | 12 | 10 | -1 | 1 | 0 | 8 | 11 | 8 |
Tax % | 31% | 31% | 36% | 33% | 34% | -4% | -33% | 28% | 26% | 28% | 32% | 28% |
2 | 2 | 3 | 4 | 8 | 10 | -1 | 0 | 0 | 6 | 8 | 6 | |
EPS in Rs | 3.16 | 4.28 | 5.66 | 8.34 | 15.88 | 19.86 | -1.44 | 0.84 | 0.34 | 11.12 | 15.58 | 12.12 |
Dividend Payout % | 16% | 12% | 12% | 15% | 16% | 10% | -7% | 149% | 74% | 9% | 6% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 8% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 60% |
3 Years: | 229% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 48% |
3 Years: | 56% |
1 Year: | 69% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 8% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 42 | 44 | 46 | 54 | 62 | 70 | 68 | 68 | 68 | 73 | 81 | 86 |
31 | 31 | 32 | 31 | 40 | 57 | 58 | 67 | 65 | 65 | 74 | 64 | |
16 | 13 | 18 | 16 | 23 | 31 | 30 | 38 | 44 | 58 | 42 | 48 | |
Total Liabilities | 93 | 93 | 100 | 106 | 130 | 164 | 162 | 178 | 182 | 201 | 202 | 204 |
40 | 41 | 44 | 51 | 63 | 79 | 82 | 90 | 90 | 89 | 89 | 85 | |
CWIP | 5 | 6 | 5 | 2 | 6 | 7 | 3 | 3 | 0 | 0 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
48 | 46 | 52 | 53 | 62 | 78 | 77 | 86 | 92 | 111 | 113 | 119 | |
Total Assets | 93 | 93 | 100 | 106 | 130 | 164 | 162 | 178 | 182 | 201 | 202 | 204 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 9 | 9 | 10 | 15 | 12 | 10 | 16 | 13 | 12 | 6 | 19 | |
-5 | -6 | -6 | -5 | -20 | -22 | -6 | -13 | -4 | -6 | -7 | -4 | |
-8 | -3 | -3 | -5 | 5 | 10 | -5 | -2 | -9 | -6 | 2 | -16 | |
Net Cash Flow | -0 | -0 | -1 | 0 | 0 | -0 | 0 | 1 | -0 | -1 | 1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 96 | 85 | 87 | 70 | 76 | 63 | 68 | 98 | 79 | 77 | 78 | 92 |
Inventory Days | 690 | 575 | 974 | 830 | 993 | 1,276 | 874 | 387 | 381 | 364 | 328 | |
Days Payable | 434 | 299 | 643 | 451 | 658 | 703 | 634 | 279 | 302 | 166 | 184 | |
Cash Conversion Cycle | 352 | 361 | 418 | 449 | 411 | 63 | 641 | 338 | 187 | 156 | 276 | 236 |
Working Capital Days | 150 | 138 | 126 | 127 | 116 | 120 | 131 | 142 | 108 | 99 | 136 | 149 |
ROCE % | 8% | 9% | 11% | 12% | 16% | 12% | 4% | 5% | 5% | 10% | 12% | 10% |
Documents
Announcements
- Newspaper Publication Of EGM Notice 31 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Secretarial Compliance Report confirms full regulatory compliance for FY ended March 31, 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 May
-
Notice Of Share Holders Meeting
22 May - EGM on June 13, 2025, with remote e-voting from June 10-12, 2025 announced.
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Announcement under Regulation 30 (LODR)-Change in Management
22 May - Appointment of Akshay Shah as Additional Independent Director effective May 22, 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2][3]
IPCL is an ISO 9002, ISO/TS 16949:2002, OHSAS 18001:2007 & EMS ISO 14001:2004 manufacturer of Lost-Wax in Ferrous, Non-Ferrous, Nickel and Cobalt based alloys, with weights upto 200 Kg. It
supplies fully machined, treated and ready-for-use components. IPCL is an original equipment manufacturer for domestic automobile manufacturers and does manufacturing of vacuum castings which find application across aerospace, defense and medical implants.
Company is also into wind power generation business through its 2 Wind Turbine Generators in Bhavnagar