Investment & Precision Castings Ltd

Investment & Precision Castings Ltd

₹ 596 -1.99%
04 Jun - close price
About

Incorporated in 1975, Investment & Precision Castings Ltd is engaged in the production of investment castings[1]

Key Points

Business Overview:[1][2][3]
IPCL is an ISO 9002, ISO/TS 16949:2002, OHSAS 18001:2007 & EMS ISO 14001:2004 manufacturer of Lost-Wax in Ferrous, Non-Ferrous, Nickel and Cobalt based alloys, with weights upto 200 Kg. It
supplies fully machined, treated and ready-for-use components. IPCL is an original equipment manufacturer for domestic automobile manufacturers and does manufacturing of vacuum castings which find application across aerospace, defense and medical implants.
Company is also into wind power generation business through its 2 Wind Turbine Generators in Bhavnagar

  • Market Cap 594 Cr.
  • Current Price 596
  • High / Low 712 / 397
  • Stock P/E 49.0
  • Book Value 103
  • Dividend Yield 0.08 %
  • ROCE 14.3 %
  • ROE 12.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 102% CAGR over last 5 years

Cons

  • Stock is trading at 5.80 times its book value
  • Company has a low return on equity of 9.69% 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
44.47 46.22 44.86 40.12 39.76 41.05 41.90 39.60 42.51 44.90 45.03 47.36 51.17
36.77 38.59 37.86 34.66 34.55 34.20 36.36 35.55 36.46 38.50 37.70 39.40 41.96
Operating Profit 7.70 7.63 7.00 5.46 5.21 6.85 5.54 4.05 6.05 6.40 7.33 7.96 9.21
OPM % 17.32% 16.51% 15.60% 13.61% 13.10% 16.69% 13.22% 10.23% 14.23% 14.25% 16.28% 16.81% 18.00%
0.07 0.56 0.13 0.23 0.19 0.08 0.30 0.19 0.17 0.22 0.44 -0.24 0.28
Interest 1.90 1.79 1.69 1.57 2.07 1.71 1.73 1.66 1.63 1.59 1.44 1.48 1.67
Depreciation 1.83 1.86 1.96 2.00 2.00 2.00 2.04 2.06 2.03 2.02 2.07 2.11 2.32
Profit before tax 4.04 4.54 3.48 2.12 1.33 3.22 2.07 0.52 2.56 3.01 4.26 4.13 5.50
Tax % 28.22% 28.41% 27.30% 38.21% 48.12% 29.81% 25.60% 30.77% 26.17% 27.91% 28.87% 32.69% 31.64%
2.89 3.26 2.53 1.31 0.70 2.26 1.54 0.37 1.90 2.17 3.03 2.79 3.77
EPS in Rs 2.89 3.26 2.53 1.31 0.70 2.26 1.54 0.37 1.90 2.17 3.03 2.79 3.77
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
77 85 92 108 119 95 105 132 170 171 165 188
66 72 77 87 99 84 92 119 148 146 142 158
Operating Profit 11 13 15 21 20 11 13 13 22 25 23 31
OPM % 14% 15% 16% 19% 17% 12% 12% 10% 13% 15% 14% 16%
1 0 0 0 1 1 0 1 0 1 1 1
Interest 4 4 4 4 5 7 6 6 7 7 7 6
Depreciation 4 5 5 5 6 7 7 7 7 8 8 9
Profit before tax 3 4 6 12 10 -1 1 0 8 11 8 17
Tax % 31% 36% 33% 34% -4% -33% 28% 26% 28% 32% 28% 30%
2 3 4 8 10 -1 0 0 6 8 6 12
EPS in Rs 2.14 2.83 4.17 7.94 9.93 -0.72 0.42 0.17 5.56 7.79 6.06 11.76
Dividend Payout % 12% 12% 15% 16% 10% -7% 149% 74% 9% 6% 4% 8%
Compounded Sales Growth
10 Years: 8%
5 Years: 12%
3 Years: 3%
TTM: 14%
Compounded Profit Growth
10 Years: 16%
5 Years: 102%
3 Years: 30%
TTM: 102%
Stock Price CAGR
10 Years: 24%
5 Years: 41%
3 Years: 40%
1 Year: 20%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 10%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 5 5 5 5 5 5 5 5 5 5 5 10
Reserves 44 46 54 62 70 68 68 68 73 81 86 93
31 32 31 40 57 58 67 65 65 74 64 72
13 18 16 23 31 30 38 44 58 42 48 42
Total Liabilities 93 100 106 130 164 162 178 182 201 202 204 217
41 44 51 63 79 82 90 90 89 89 85 101
CWIP 6 5 2 6 7 3 3 0 0 -0 1 1
Investments 0 0 0 0 0 0 0 0 -0 -0 -0 -0
46 52 53 62 78 77 86 92 111 113 119 114
Total Assets 93 100 106 130 164 162 178 182 201 202 204 217

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
9 9 10 15 12 10 16 13 12 6 19 26
-6 -6 -5 -20 -22 -6 -13 -4 -6 -7 -4 -24
-3 -3 -5 5 10 -5 -2 -9 -6 2 -16 -0
Net Cash Flow -0 -1 0 0 -0 0 1 -0 -1 1 -1 2
Free Cash Flow 3 3 5 -5 -11 4 3 8 5 -2 15 2
CFO/OP 89% 81% 80% 87% 68% 96% 127% 106% 65% 28% 91% 95%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 85 87 70 76 63 68 98 79 77 78 92 76
Inventory Days 575 974 830 993 1,276 874 387 381 364 379 324
Days Payable 299 643 451 658 703 634 279 302 169 212 176
Cash Conversion Cycle 361 418 449 411 63 641 338 187 156 272 259 224
Working Capital Days 28 27 42 29 8 -18 1 -5 -4 4 20 26
ROCE % 9% 11% 12% 16% 12% 4% 5% 5% 10% 12% 10% 14%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Geographical Revenue - Domestic (India)
% ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
Sales Volume
Tonnes ・Standalone data
Installed Casting Capacity (Annual)
MTPA ・Standalone data
Permanent Employee Count
Numbers ・Standalone data
Revenue Mix - Automotive Segment
% ・Standalone data
Renewable Energy Support (Captive Solar Plant)
MW ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.91% 51.91% 51.91% 51.91% 51.97% 51.97% 51.97% 51.97% 51.97% 51.97% 51.97% 51.97%
0.00% 0.00% 0.00% 0.00% 0.14% 0.24% 0.24% 0.22% 0.00% 0.00% 0.00% 0.00%
0.37% 0.37% 0.37% 0.39% 0.39% 0.39% 0.39% 0.39% 0.00% 0.00% 0.00% 0.00%
47.73% 47.72% 47.73% 47.71% 47.51% 47.40% 47.40% 47.42% 48.04% 48.03% 48.03% 48.03%
No. of Shareholders 3,3633,3173,5483,6723,7003,9844,1214,0584,9034,9204,7014,558

* 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.

Click on the line-items to see the names of individual entities.

Documents