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IP Rings Ltd

(523638)

₹2230.78%

as on 04:01PM, 14 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

IP Rings Ltd Performance

  • Day's Low

    Day's High

    ₹215.75
    ₹228.9
  • 52 Week's Low

    52 Week's High

    ₹126
    ₹262.4
1 Month Return-1.86 %
3 Month Return+ 20.12 %
1 Year Return+ 60.42 %
Previous Close₹224.75
Open₹228.90
Volume2,196.00
Upper Circuit-
Lower Circuit-
Market Cap₹284.89Cr

IP Rings Ltd Key Statistics

P/E Ratio-146.9
PEG Ratio667.71
Market Cap₹284.89 Cr
P/B Ratio1.77
EPS-2.55
Dividend Yield0
SectorAuto Ancillaries
ROE-2.51

IP Rings Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹284.89 Cr59.21%0.73-₹4 Cr₹316 Cr
NA₹143.83 Cr51.04%0.81NANA
NA₹162.40 Cr37.68%0.78NANA
BUY₹5,608.99 Cr302.04%0.55₹140 Cr₹2,271 Cr
NA₹119.85 Cr99.83%0.66NANA

About IP Rings Ltd

IP Rings Limited (IPR) was incorporated in 1991 and is engaged in the manufacture of engine and transmission components. It has manufacturing plant at Maraimalai Nagar, Chennai, India with Nippon Piston Rings, Japan as its collaborator. The proceeds of the public issue are being used to part-finance the project of manufacturing 75 lakh piston rings per annum under the brand name IPLPowerpack, along with NifflexS threepiece oil rings, S G iron rings and cast iron rings. The company has also installed a gas nitriding facility and increased its capacity from 20 lakh to 30 lakh rings per annum. In addition to this, it has also issued 352100 equity shares of Rs. 10 each, priced at Rs.157 per share and 365100 convertible warrants to the promoter companies. To strengthen the quality management, IPR was awarded the prestigious QS 9000 accreditation by TUV India in 19992000. It further commissioned the new project for the manufacture of transmission components like Synchrocones, Differential Shaft Gears and Pinions in 200405, and the project for the manufacture of PVD Rings was also commercialised in 20112012.

Share Price: ₹223.00 per share as on 14 Oct, 2024 04:01 PM
Market Capitalisation: ₹284.89Cr as of today
Revenue: ₹82.09Cr as on June 2024 (Q2 24)
Net Profit: ₹0.13Cr as on June 2024 (Q2 24)
Listing date: 29 Jul, 1998
OrganisationIP Rings Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Insights on IP Rings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, IPRINGLTD stock has moved up by 20.1%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 43.42% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 300.2% return, outperforming this stock by 227.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 118.6% return, outperforming this stock by 58.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.58% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 0.91 Cr → 0.13 Cr (in ₹), with an average decrease of 85.7% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 89.05 Cr → 82.31 Cr (in ₹), with an average decrease of 7.6% per quarter

IP Rings Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹76.24Cr (-)₹77.74Cr (↑1.97%)₹73.92Cr (↓4.91%)₹88.82Cr (↑20.16%)₹82.09Cr (↓7.58%)
Net Income-₹1.15Cr (-)-₹2.08Cr (↑80.87%)-₹0.90Cr (↓56.73%)₹0.91Cr (↓201.11%)₹0.13Cr (↓85.71%)
Net Profit Margin-1.51% (-)-2.68% (↑77.48%)-1.22% (↓54.48%)1.02% (↓183.61%)0.16% (↓84.31%)
Value in ₹ crore
Details2021202220232024
Total Assets₹284.59Cr (-)₹312.95Cr (↑9.97%)₹328.87Cr (↑5.09%)₹320.59Cr (↓2.52%)
Total Liabilities₹179.19Cr (-)₹201.09Cr (↑12.22%)₹217.88Cr (↑8.35%)₹213.99Cr (↓1.79%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹32.17Cr (-)₹17.04Cr (↓47.03%)₹22.77Cr (↑33.63%)₹42.14Cr (↑85.07%)₹34.91Cr (↓17.16%)
0

IP Rings Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.58%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
43.42%
0.00
Others
0%
0.00

IP Rings Ltd Key Indicators

Details20232024
Earning Per Share (₹)1.32-2.55
Details20202021202220232024
Return On Equity %1.094.817.561.56-2.51
Details20232024
Return On Assets %0.51-1.01
Details20232024
Book Value Per Share (₹)87.4983.63

IP Rings Ltd Valuation

IP Rings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-167.75x)

August 27, 2024

Today (-146.90x)

October 11, 2024

Industry (56.82x)

October 11, 2024

Highest (83.92x)

June 22, 2023

LowHigh

IP Rings Ltd Earnings and Dividends

  • IP Rings Ltd Earnings Results

    IP Rings Ltd’s net profit jumped 111.3% since last year same period to ₹0.13Cr in the Q1 2024-2025. On a quarterly growth basis, IP Rings Ltd has generated -85.71% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • IP Rings Ltd Dividends May,2023

    In the quarter ending March 2023, IP Rings Ltd has declared dividend of ₹1 - translating a dividend yield of 1.36%.

    Read More about Dividends

IP Rings Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

IP Rings Ltd is currently in a Bullish trading position according to technical analysis indicators.

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IP Rings Ltd (523638) share price today is ₹223

IP Rings Ltd is not listed on NSE

IP Rings Ltd is listed on BSE

  • Today’s highest price of IP Rings Ltd is ₹228.9.
  • Today’s lowest price of IP Rings Ltd is ₹215.75.

PE Ratio of IP Rings Ltd is -146.9

PE ratio = IP Rings Ltd Market price per share / IP Rings Ltd Earnings per share

Today’s traded volume of IP Rings Ltd(523638) is 2,196.00.

Today’s market capitalisation of IP Rings Ltd(523638) is ₹284.89Cr.

IP Rings Ltd(523638Price
52 Week High
₹262.4
52 Week Low
₹126

IP Rings Ltd(523638) share price is ₹223. It is down -15.02% from its 52 Week High price of ₹262.4

IP Rings Ltd(523638) share price is ₹223. It is up 76.98% from its 52 Week Low price of ₹126

IP Rings Ltd(523638Returns
1 Day Returns
-1.75%
1 Month Returns
-1.86%
3 Month Returns
20.12%
1 Year Returns
60.42%