Mipco Seamless Rings (Gujarat) Ltd
Incorporated in 1982, Mipco Seamless Rings (Gujarat) is engaged in IT and ITES Services
- Market Cap ₹ 10.4 Cr.
- Current Price ₹ 28.9
- High / Low ₹ 37.4 / 26.1
- Stock P/E
- Book Value ₹ -3.60
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
* 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 Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
0.08 | 0.12 | 0.20 | 0.10 | 0.11 | 0.10 | 0.10 | 0.07 | 0.10 | 0.03 | 0.31 | 0.16 | |
Operating Profit | -0.08 | -0.12 | -0.20 | -0.10 | -0.11 | -0.10 | -0.10 | -0.07 | -0.10 | -0.03 | -0.31 | -0.16 |
OPM % | ||||||||||||
-0.00 | 0.09 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.06 | |
Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Profit before tax | -0.08 | -0.03 | -0.20 | -0.10 | -0.11 | -0.10 | -0.10 | -0.07 | -0.10 | -0.03 | -0.31 | -0.10 |
Tax % | -0.00% | 100.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
-0.08 | -0.06 | -0.20 | -0.10 | -0.11 | -0.10 | -0.10 | -0.07 | -0.10 | -0.03 | -0.31 | -0.10 | |
EPS in Rs | -0.22 | -0.17 | -0.56 | -0.28 | -0.31 | -0.28 | -0.28 | -0.20 | -0.28 | -0.08 | -0.86 | -0.28 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | -10% |
5 Years: | 0% |
3 Years: | 0% |
TTM: | 68% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | % |
3 Years: | 69% |
1 Year: | 0% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
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 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 5.58 |
Reserves | -5.59 | -5.65 | -5.85 | -5.95 | -6.06 | -6.16 | -6.26 | -6.33 | -6.43 | -6.46 | -6.76 | -6.87 |
2.26 | 2.41 | 2.55 | 2.61 | 2.67 | 2.70 | 2.71 | 2.79 | 2.84 | 2.84 | 2.71 | 1.43 | |
0.13 | 0.02 | 0.07 | 0.11 | 0.16 | 0.23 | 0.32 | 0.31 | 0.36 | 0.39 | 0.62 | 0.02 | |
Total Liabilities | 0.38 | 0.36 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.15 | 0.16 |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
0.38 | 0.36 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.15 | 0.16 | |
Total Assets | 0.38 | 0.36 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.15 | 0.16 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.00 | 0.10 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.16 | -0.72 | |
-0.00 | -0.09 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.14 | 0.73 | |
Net Cash Flow | -0.00 | 0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.02 | 0.01 |
Ratios
Figures in Rs. Crores
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 | ||||||||||||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | ||||||||||||
Working Capital Days | ||||||||||||
ROCE % | -31.37% | -10.17% | -64.52% | -38.46% | -51.16% | -64.52% | -133.33% | -200.00% | -666.67% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Pursuant to Regulation 47 of SEBI(LODR) Regulations, 2015, the Company has published the Audited Financial Results on 31st May 2025 for the quarter and financial …
-
Announcement Under Regulation 30 (LODR) - Updates (Appointment Of Internal Auditor)
29 May - Appointment of M/s. Aravind Kumar K & Co. as internal auditor for FY 2025-26.
-
Announcement under Regulation 30 (LODR)-Change in Management
29 May - Appointed Amarjit Rajbhar as CFO effective 29 May 2025, with 17 years finance experience.
-
Announcement under Regulation 30 (LODR)-Change of Company Name
29 May - Board approved company name change to Mipco Limited, subject to member and regulatory approvals.
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
29 May - Approved increase in share capital to Rs.25 Cr, name change, and shift to power and environmental services.
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 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1]
Company was previously engaged in the manufacture of rolled rings for bearing races. At present, company is engaged in the business of Information Technology & Related activities in the stream of Media and Entertainment