IP Rings Ltd
Incorporated in 1991, IP Rings Ltd
manufactures engine and transmission components[1]
- Market Cap ₹ 224 Cr.
- Current Price ₹ 177
- High / Low ₹ 223 / 125
- Stock P/E
- Book Value ₹ 83.6
- Dividend Yield 0.57 %
- ROCE 4.05 %
- ROE -2.98 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 58.6 days to 39.6 days
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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
273 | 323 | 317 | |
240 | 297 | 294 | |
Operating Profit | 33 | 26 | 23 |
OPM % | 12% | 8% | 7% |
2 | 3 | 3 | |
Interest | 10 | 11 | 11 |
Depreciation | 14 | 16 | 17 |
Profit before tax | 11 | 2 | -3 |
Tax % | 26% | 28% | -2% |
8 | 2 | -3 | |
EPS in Rs | 6.47 | 1.32 | -2.55 |
Dividend Payout % | 31% | 76% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -289% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 22% |
3 Years: | 5% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Equity Capital | 13 | 13 | 13 |
Reserves | 99 | 98 | 93 |
113 | 101 | 86 | |
75 | 104 | 115 | |
Total Liabilities | 301 | 316 | 307 |
154 | 154 | 146 | |
CWIP | 5 | 2 | 2 |
Investments | 0 | 1 | 1 |
142 | 159 | 158 | |
Total Assets | 301 | 316 | 307 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
23 | 42 | 35 | |
-27 | -13 | -7 | |
1 | -27 | -27 | |
Net Cash Flow | -3 | 2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Debtor Days | 90 | 85 | 89 |
Inventory Days | 236 | 194 | 195 |
Days Payable | 282 | 298 | 324 |
Cash Conversion Cycle | 44 | -19 | -40 |
Working Capital Days | 81 | 55 | 40 |
ROCE % | 6% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
15 Jul - Company have approved the re-appointment of Mr. M. Govindarajan as an Additional Director (in the category of Non-Executive and Non-Independent Director) with effective from August …
- Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Quarter Ended June 30, 2024 12 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jul - Copy of the certificate dated July 05, 2024 received from M/s. Cameo Corporate Services Limited , RTA of the Company for the quarter ended June …
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Jul - Held today proposed the appointment of Ms. Anandi Iyer as a Director in the capacity of (Non-Executive and Independent Director) subject to the approval of …
-
Appointment of Company Secretary and Compliance Officer
1 Jul - Recommendations of the Nomination and Remuneration Committee, the Board at their meeting held today have approved the appointment of Mr. M. Sathyanarayanan as the Company …
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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Financial Year 2009
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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.