IP Rings Ltd
Incorporated in 1991, IP Rings Ltd
manufactures engine and transmission components[1]
- Market Cap ₹ 195 Cr.
- Current Price ₹ 154
- High / Low ₹ 221 / 82.4
- Stock P/E
- Book Value ₹ 84.0
- Dividend Yield 0.65 %
- ROCE 6.09 %
- ROE 1.60 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 47.3%
- Company's working capital requirements have reduced from 73.3 days to 54.8 days
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.62% 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
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 85 | 85 | 101 | 118 | 175 | 203 | 212 | 198 | 198 | 273 | 323 | 304 | |
74 | 79 | 75 | 88 | 103 | 160 | 179 | 184 | 176 | 174 | 240 | 297 | 285 | |
Operating Profit | 9 | 5 | 10 | 13 | 15 | 15 | 24 | 28 | 22 | 25 | 33 | 26 | 19 |
OPM % | 11% | 6% | 12% | 13% | 13% | 8% | 12% | 13% | 11% | 12% | 12% | 8% | 6% |
0 | 0 | -0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | |
Interest | 4 | 6 | 6 | 8 | 9 | 10 | 7 | 8 | 9 | 7 | 10 | 11 | 12 |
Depreciation | 5 | 6 | 7 | 7 | 7 | 8 | 8 | 10 | 11 | 12 | 14 | 16 | 17 |
Profit before tax | 0 | -6 | -4 | -1 | 0 | -3 | 10 | 11 | 2 | 7 | 11 | 2 | -7 |
Tax % | -100% | 35% | 24% | 58% | 12% | 44% | 28% | 28% | 36% | 24% | 26% | 27% | |
1 | -4 | -3 | -0 | 0 | -1 | 7 | 8 | 1 | 5 | 8 | 2 | -6 | |
EPS in Rs | 0.46 | -3.29 | -2.17 | -0.39 | 0.17 | -1.14 | 5.78 | 6.27 | 0.87 | 3.92 | 6.48 | 1.37 | -4.40 |
Dividend Payout % | 121% | 0% | 0% | 0% | 0% | 0% | 0% | 16% | 0% | 38% | 31% | 73% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 10% |
3 Years: | 18% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | -25% |
3 Years: | 16% |
TTM: | -185% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 9% |
3 Years: | 24% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 41 | 37 | 34 | 33 | 33 | 74 | 81 | 89 | 88 | 93 | 99 | 98 | 94 |
39 | 47 | 58 | 66 | 86 | 60 | 73 | 82 | 82 | 99 | 113 | 101 | 88 | |
19 | 19 | 20 | 22 | 30 | 43 | 40 | 44 | 54 | 68 | 75 | 104 | 108 | |
Total Liabilities | 106 | 110 | 119 | 129 | 156 | 189 | 207 | 228 | 237 | 273 | 301 | 316 | 302 |
60 | 65 | 68 | 68 | 80 | 85 | 95 | 118 | 119 | 145 | 154 | 154 | 152 | |
CWIP | 3 | 1 | 3 | 0 | 1 | 4 | 4 | 2 | 19 | 2 | 5 | 2 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
42 | 43 | 48 | 60 | 74 | 100 | 108 | 108 | 99 | 126 | 142 | 159 | 149 | |
Total Assets | 106 | 110 | 119 | 129 | 156 | 189 | 207 | 228 | 237 | 273 | 301 | 316 | 302 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | -0 | 1 | -2 | 7 | 10 | 22 | 21 | 32 | 17 | 23 | 42 | |
-12 | -8 | -12 | -6 | -20 | -18 | -24 | -22 | -15 | -26 | -27 | -13 | |
9 | 7 | 11 | 8 | 11 | 12 | 6 | 2 | -11 | 4 | 1 | -27 | |
Net Cash Flow | -0 | -1 | 0 | 0 | -2 | 4 | 4 | 0 | 6 | -5 | -3 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 75 | 80 | 80 | 88 | 106 | 102 | 85 | 85 | 70 | 104 | 90 | 85 |
Inventory Days | 176 | 193 | 230 | 273 | 242 | 211 | 192 | 225 | 220 | 288 | 236 | 194 |
Days Payable | 128 | 140 | 156 | 160 | 157 | 189 | 155 | 193 | 173 | 325 | 282 | 298 |
Cash Conversion Cycle | 123 | 133 | 154 | 201 | 192 | 124 | 121 | 117 | 117 | 67 | 44 | -19 |
Working Capital Days | 69 | 63 | 81 | 87 | 88 | 72 | 64 | 74 | 31 | 84 | 81 | 55 |
ROCE % | 5% | -1% | 3% | 6% | 8% | 5% | 11% | 11% | 6% | 7% | 10% | 6% |
Documents
Announcements
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March 2024. 2d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Our Registrars, CAMEO CORPORATE SERVICES LIMITED, have complied with the Regulation 74 (5) of SEBI (Depositories & Participants) Regulations, 2018 for the Quarter Ended on …
- Closure of Trading Window 8 Apr
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
1 Apr - On today i.e., February 2024, inter-alia has approved and took note of the Resignation of Mr. R. Venkataraman, as Chief Financial Officer of the Company …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Read with Schedule III Part A and Regulation 47 of SEBI Listing Regulations for our Unaudited Newspaper advertisement Publication for your Record.
Annual reports
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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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History[1]
IPRLwas formed as a joint venture promoted by India Pistons Ltd, Simpson & Company Limited, Tractor and Fram Equipment Ltd and Amalgamations Private Ltd in Technical and Financial collaboration with Nippon Piston Ring
Co. Ltd of Japan.