IP Rings Ltd

IP Rings Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

IP Rings Ltd

₹ 184 1.29%
02 May - close price
iprings.com BSE: 523638
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.

Website BSE
  • Market Cap ₹ 233 Cr.
  • Current Price ₹ 184
  • High / Low ₹ 221 / 82.4
  • Stock P/E
  • Book Value ₹ 83.9
  • Dividend Yield 0.54 %
  • ROCE 6.07 %
  • ROE 1.54 %
  • Face Value ₹ 10.0
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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

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
71.95 71.84 79.10 85.35 82.54 76.32 76.24 77.74 73.92
65.58 62.87 70.68 78.81 76.89 71.22 72.23 72.56 68.92
Operating Profit 6.37 8.97 8.42 6.54 5.65 5.10 4.01 5.18 5.00
OPM % 8.85% 12.49% 10.64% 7.66% 6.85% 6.68% 5.26% 6.66% 6.76%
0.53 1.49 0.94 0.90 1.28 0.32 1.36 0.29 0.76
Interest 2.74 2.46 2.42 2.57 2.81 3.08 3.06 2.77 2.85
Depreciation 3.61 3.71 3.79 3.93 4.00 4.23 4.16 4.32 4.24
Profit before tax 0.55 4.29 3.15 0.94 0.12 -1.89 -1.85 -1.62 -1.33
Tax % 36.36% 18.18% 31.11% 14.89% 83.33% 29.63% 37.84% -28.40% 32.33%
0.35 3.52 2.17 0.80 0.02 -1.33 -1.15 -2.08 -0.90
EPS in Rs 0.28 2.78 1.71 0.63 0.02 -1.05 -0.91 -1.64 -0.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 TTM
273 323 304
240 297 285
Operating Profit 33 26 19
OPM % 12% 8% 6%
2 3 3
Interest 10 11 12
Depreciation 14 16 17
Profit before tax 11 2 -7
Tax % 26% 28%
8 2 -5
EPS in Rs 6.47 1.32 -4.31
Dividend Payout % 31% 76%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -184%
Stock Price CAGR
10 Years: 21%
5 Years: 14%
3 Years: 23%
1 Year: 105%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 13 13 13
Reserves 99 98 94
113 101 88
75 104 108
Total Liabilities 301 316 302
154 154 152
CWIP 5 2 1
Investments 0 1 1
142 159 149
Total Assets 301 316 302

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
23 42
-27 -13
1 -27
Net Cash Flow -3 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 90 85
Inventory Days 236 194
Days Payable 282 298
Cash Conversion Cycle 44 -19
Working Capital Days 81 55
ROCE % 6%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
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% 43.42% 43.42% 43.42% 43.42% 43.41% 43.42% 43.42% 43.42% 43.43% 43.43% 43.44%
No. of Shareholders 6,6336,6496,5866,5586,5376,5056,4466,4576,4766,3486,6116,622

Documents

Announcements

Annual reports

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