Investment & Precision Castings Ltd
Incorporated in 1975, Investment & Precision Castings Ltd is engaged in the production of investment castings[1]
- Market Cap ₹ 548 Cr.
- Current Price ₹ 548
- High / Low ₹ 567 / 278
- Stock P/E 90.4
- Book Value ₹ 91.3
- Dividend Yield 0.09 %
- 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 6.00 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 | 1.58 | 2.14 | 2.83 | 4.17 | 7.94 | 9.93 | -0.72 | 0.42 | 0.17 | 5.56 | 7.79 | 6.06 |
Dividend Payout % | 16% | 12% | 12% | 15% | 16% | 10% | -7% | 149% | 74% | 9% | 6% | 0% |
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: | 28% |
5 Years: | 48% |
3 Years: | 69% |
1 Year: | 91% |
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
-
Board Meeting Outcome for Allotment Of New Bonus Equity Shares
8h - Board approved allotment of bonus shares on June 30, 2025.
-
Update on board meeting
26 Jun - Board meeting on June 30, 2025, to approve allotment of bonus shares.
-
Board Meeting Intimation for To Take Approval Of Bonus Issue
25 Jun - Board meeting on June 30, 2025, to approve bonus issue allotment.
-
Record Date For Bonus Issue
19 Jun - Bonus shares issued 1:1; record date 27 June 2025; allotment 30 June; trading starts 1 July 2025.
-
Intimation Of Receipt Of In-Principal Approval For Bonus Issue
19 Jun - Received BSE approval for 1:1 bonus issue of 50 lakh shares of Rs.10 each on June 18, 2025.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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