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IP Rings

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE558A01019
  • NSEID: IPRINGLTD
  • BSEID: 523638
INR
138.90
4.9 (3.66%)
BSENSE

Apr 11, 12:48 PM

BSE+NSE Vol: 58

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

58 (-94.70%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

56.58%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -30.66% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.62 times
  • The company has reported losses. Due to this company has reported negative ROE
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 177 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.79

stock-summary
Return on Equity

-0.79%

stock-summary
Price to Book

1.62

Revenue and Profits (1 Year):
Net Sales:
58 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-4 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-36.86%
0%
-36.86%
1 Year
-11.13%
0%
-11.13%
2 Years
52.64%
1.10%
53.74%
3 Years
10.11%
3.25%
13.36%
4 Years
60.12%
4.94%
65.06%
5 Years
240.44%
12.41%
252.85%

Latest dividend: 1 per share ex-dividend date: Aug-04-2023

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-1.71%
EBIT Growth (5y)
-30.66%
EBIT to Interest (avg)
0.74
Debt to EBITDA (avg)
3.83
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.62
Tax Ratio
18.78%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
3.77%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
28
Price to Book Value
1.62
EV to EBIT
36.76
EV to EBITDA
10.49
EV to Capital Employed
1.35
EV to Sales
0.82
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.20%
ROE (Latest)
-0.79%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Simpson And Company Ltd (39.18%)

Highest Public shareholder

Enam Securities Pvt Ltd (8.41%)

Individual Investors Holdings

22.35%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -27.09% vs -3.42% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -305.15% vs -846.15% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "57.80",
          "val2": "79.28",
          "chgp": "-27.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.46",
          "val2": "5.83",
          "chgp": "-57.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.99",
          "val2": "2.75",
          "chgp": "8.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-3.93",
          "val2": "-0.97",
          "chgp": "-305.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.26%",
          "val2": "7.35%",
          "chgp": "-3.09%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 4.80% vs -6.36% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 73.99% vs -208.75% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "161.37",
          "val2": "153.98",
          "chgp": "4.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.88",
          "val2": "9.26",
          "chgp": "39.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.50",
          "val2": "5.83",
          "chgp": "-5.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.84",
          "val2": "-3.23",
          "chgp": "73.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.98%",
          "val2": "6.01%",
          "chgp": "1.97%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.83% vs -7.73% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -15.50% vs -238.13% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "219.17",
          "val2": "227.90",
          "chgp": "-3.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.34",
          "val2": "14.25",
          "chgp": "7.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.49",
          "val2": "8.68",
          "chgp": "-2.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-4.77",
          "val2": "-4.13",
          "chgp": "-15.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.00%",
          "val2": "6.25%",
          "chgp": "0.75%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -2.04% vs 18.55% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -293.41% vs -79.63% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "316.72",
          "val2": "323.30",
          "chgp": "-2.04%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.01",
          "val2": "25.87",
          "chgp": "-11.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "11.48",
          "val2": "10.87",
          "chgp": "5.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-3.23",
          "val2": "1.67",
          "chgp": "-293.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.27%",
          "val2": "8.00%",
          "chgp": "-0.73%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
57.80
79.28
-27.09%
Operating Profit (PBDIT) excl Other Income
2.46
5.83
-57.80%
Interest
2.99
2.75
8.73%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-3.93
-0.97
-305.15%
Operating Profit Margin (Excl OI)
4.26%
7.35%
-3.09%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -27.09% vs -3.42% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -305.15% vs -846.15% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
161.37
153.98
4.80%
Operating Profit (PBDIT) excl Other Income
12.88
9.26
39.09%
Interest
5.50
5.83
-5.66%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-0.84
-3.23
73.99%
Operating Profit Margin (Excl OI)
7.98%
6.01%
1.97%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 4.80% vs -6.36% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 73.99% vs -208.75% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
219.17
227.90
-3.83%
Operating Profit (PBDIT) excl Other Income
15.34
14.25
7.65%
Interest
8.49
8.68
-2.19%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-4.77
-4.13
-15.50%
Operating Profit Margin (Excl OI)
7.00%
6.25%
0.75%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -3.83% vs -7.73% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -15.50% vs -238.13% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
316.72
323.30
-2.04%
Operating Profit (PBDIT) excl Other Income
23.01
25.87
-11.06%
Interest
11.48
10.87
5.61%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-3.23
1.67
-293.41%
Operating Profit Margin (Excl OI)
7.27%
8.00%
-0.73%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -2.04% vs 18.55% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -293.41% vs -79.63% in Mar 2023

stock-summaryCompany CV
About IP Rings Ltd stock-summary
stock-summary
IP Rings Ltd
Micro Cap
Auto Ancillary
IP Rings Limited (IPR), incorporated in January, 1991 is a front line automotive components manufacturer, specializing in the production of piston rings in high carbon high alloy steels and nodular iron with a variety of surface coatings that find application in present day high performance low emission engines. It also produces a series of transmission parts and other components for automotive and related industries employing a unique Precision Forging technology.
Company Coordinates stock-summary
Company Details
D11/12 Industrial Estate, Maraimalai Nagar Kancheepuram Chennai Tamil Nadu : 603209
stock-summary
Tel: 91-44-27452816/27452924/27452853
stock-summary
iprmmn@iprings.com
Registrar Details
BTS Consultancy Services Pvt Ltd, MS Complex, 1st Floor, 8, Sastri Nagar, Near 200 Feet Road, RTO Kolathur, Chennai