IP Rings Ltd

IP Rings Ltd

₹ 141 -2.05%
13 Jun - close price
About

Incorporated in 1991, IP Rings Ltd
manufactures engine and transmission components[1]

Key Points

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.

  • Market Cap 179 Cr.
  • Current Price 141
  • High / Low 262 / 108
  • Stock P/E
  • Book Value 80.0
  • Dividend Yield 0.00 %
  • ROCE 3.01 %
  • ROE -4.27 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -1.83% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
71.84 79.10 85.35 82.54 76.32 76.24 77.74 73.92 88.82 82.09 79.28 57.80 84.21
62.87 70.68 78.81 76.89 71.22 72.23 72.56 68.92 80.59 75.21 73.65 55.72 77.87
Operating Profit 8.97 8.42 6.54 5.65 5.10 4.01 5.18 5.00 8.23 6.88 5.63 2.08 6.34
OPM % 12.49% 10.64% 7.66% 6.85% 6.68% 5.26% 6.66% 6.76% 9.27% 8.38% 7.10% 3.60% 7.53%
1.49 0.94 0.90 1.28 0.32 1.36 0.29 0.76 0.23 0.22 0.31 0.19 1.97
Interest 2.46 2.42 2.57 2.81 3.08 3.06 2.77 2.85 2.80 2.75 2.75 2.99 3.24
Depreciation 3.71 3.79 3.93 4.00 4.23 4.16 4.32 4.24 4.15 4.08 4.38 4.61 4.54
Profit before tax 4.29 3.15 0.94 0.12 -1.89 -1.85 -1.62 -1.33 1.51 0.27 -1.19 -5.33 0.53
Tax % 18.18% 31.11% 14.89% 83.33% -29.63% -37.84% 28.40% -32.33% 39.74% 51.85% -19.33% -26.27% 35.85%
3.52 2.17 0.80 0.02 -1.33 -1.15 -2.08 -0.90 0.91 0.13 -0.97 -3.93 0.34
EPS in Rs 2.78 1.71 0.63 0.02 -1.05 -0.91 -1.64 -0.71 0.72 0.10 -0.77 -3.10 0.27
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
273 323 317 303
240 297 294 282
Operating Profit 33 26 23 21
OPM % 12% 8% 7% 7%
2 3 3 3
Interest 10 11 11 12
Depreciation 14 16 17 18
Profit before tax 11 2 -3 -6
Tax % 26% 28% -2% -23%
8 2 -3 -4
EPS in Rs 6.47 1.32 -2.55 -3.49
Dividend Payout % 31% 76% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 4%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -38%
Stock Price CAGR
10 Years: 9%
5 Years: 28%
3 Years: 9%
1 Year: -29%
Return on Equity
10 Years: %
5 Years: %
3 Years: -2%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 13 13 13 13
Reserves 99 98 93 89
113 101 87 104
75 104 114 96
Total Liabilities 301 316 307 301
154 154 146 146
CWIP 5 2 2 3
Investments 0 1 1 4
142 159 158 148
Total Assets 301 316 307 301

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
23 42 35 19
-27 -13 -7 -25
1 -27 -27 2
Net Cash Flow -3 2 1 -4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 90 85 89 81
Inventory Days 236 194 195 185
Days Payable 282 293 324 291
Cash Conversion Cycle 44 -14 -40 -25
Working Capital Days 81 55 41 47
ROCE % 6% 4% 3%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
56.58% 56.58% 56.58% 56.58% 56.58% 56.58% 56.58% 56.58% 56.58% 56.58% 56.58% 56.58%
43.42% 43.41% 43.42% 43.42% 43.42% 43.43% 43.43% 43.44% 43.43% 43.43% 43.41% 43.42%
No. of Shareholders 6,5376,5056,4466,4576,4766,3486,6116,6226,6086,3536,2596,225

Documents