Mipco Seamless Rings (Gujarat) Ltd

AI

Mipco Seamless Rings (Gujarat) Ltd

₹ 30.7 -4.98%
23 Oct - close price
About

Incorporated in 1982, Mipco Seamless
Rings (Gujarat) Ltd is in the business of
trading of iron and iron goods[1]

Key Points

Business Overview:[1]
MSRGL was earlier engaged in the business of media, communication and related IT enabled services in India and abroad. It later entered
into the power and renewable energy sector and trading /dealing in iron, steel and other metals. The company is now proposing to change its Object Clause to include a wider scope of ferrous and non-ferrous metal and iron and steel products.

  • Market Cap ₹ 11.0 Cr.
  • Current Price ₹ 30.7
  • High / Low ₹ 44.3 / 20.5
  • Stock P/E 44.0
  • Book Value ₹ -8.93
  • Dividend Yield 0.00 %
  • ROCE 37.0 %
  • ROE %
  • Face Value ₹ 10.0

Pros

Cons

* 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.55 0.60 3.17 1.31
0.16 0.10 0.03 0.03 0.07 0.04 0.02 0.04 0.08 0.51 0.57 3.05 1.25
Operating Profit -0.16 -0.10 -0.03 -0.03 -0.07 -0.04 -0.02 -0.04 -0.08 0.04 0.03 0.12 0.06
OPM % 7.27% 5.00% 3.79% 4.58%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.00 0.00
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 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 0.00
Profit before tax -0.16 -0.10 -0.03 -0.03 -0.07 -0.04 -0.02 0.02 -0.08 0.04 0.03 0.12 0.06
Tax % 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%
-0.16 -0.10 -0.03 -0.03 -0.07 -0.04 -0.02 0.02 -0.08 0.04 0.03 0.12 0.06
EPS in Rs -0.45 -0.28 -0.08 -0.08 -0.20 -0.11 -0.06 0.06 -0.22 0.11 0.08 0.33 0.17
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.31 5.63
0.12 0.20 0.10 0.11 0.10 0.10 0.07 0.10 0.03 0.31 0.16 4.21 5.38
Operating Profit -0.12 -0.20 -0.10 -0.11 -0.10 -0.10 -0.07 -0.10 -0.03 -0.31 -0.16 0.10 0.25
OPM % 2.32% 4.44%
0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.00
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 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 0.00
Profit before tax -0.03 -0.20 -0.10 -0.11 -0.10 -0.10 -0.07 -0.10 -0.03 -0.31 -0.10 0.10 0.25
Tax % 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00%
-0.06 -0.20 -0.10 -0.11 -0.10 -0.10 -0.07 -0.10 -0.03 -0.31 -0.10 0.09 0.25
EPS in Rs -0.17 -0.56 -0.28 -0.31 -0.28 -0.28 -0.20 -0.28 -0.08 -0.86 -0.28 0.25 0.69
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: 9%
5 Years: 27%
3 Years: 71%
TTM: 308%
Stock Price CAGR
10 Years: 10%
5 Years: 31%
3 Years: 15%
1 Year: 23%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3.58 3.58 3.58 3.58 3.58 3.58 3.58 3.58 3.58 3.58 3.58 3.58
Reserves -5.65 -5.85 -5.95 -6.06 -6.16 -6.26 -6.33 -6.43 -6.46 -6.76 -6.87 -6.78
2.41 2.55 2.61 2.67 2.70 2.71 2.79 2.84 2.84 2.71 3.43 3.60
0.02 0.07 0.11 0.16 0.23 0.32 0.31 0.36 0.39 0.62 0.02 0.49
Total Liabilities 0.36 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.15 0.16 0.89
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
0.36 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.15 0.16 0.89
Total Assets 0.36 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.15 0.16 0.89

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.10 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.16 -0.72 -0.01
-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 0.17
Net Cash Flow 0.01 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.16
Free Cash Flow 0.10 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.16 -0.72 -0.01
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit -83% 5% 0% 0% 0% 0% 0% 0% 0% -52% 450% 10%

Ratios

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0.00
Inventory Days 1.83
Days Payable 2.75
Cash Conversion Cycle -0.92
Working Capital Days -0.85
ROCE % -10.17% -64.52% -38.46% -51.16% -64.52% -133.33% -200.00% -666.67% 37.04%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Permanent Employees on Rolls
count

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Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

8 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
29.67% 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% 0.06% 0.00% 0.06% 0.06% 0.06% 0.06%
0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.44% 0.50% 0.44% 0.44% 0.44% 0.44%
69.83% 99.50% 99.49% 99.50% 99.49% 99.50% 99.50% 99.50% 99.49% 99.50% 99.49% 99.51%
No. of Shareholders 18,60318,57318,47718,55018,50718,47218,39918,39518,38518,38118,37418,440

* 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.

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