Investment & Precision Castings Ltd.
Snapshot View

310.00 0.00

29 July 2021, 04:00:00 P.M.
Volume: 5,009

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Compare with Industry peers
Website http://www.ipcl.in
Financial Indicators
Market Cap 155.63 Cr.
Earnings per share (EPS) 0.83 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 373.11 Trailing Twelve Months Ending 2021-03
Industry PE 21.61 Trailing Twelve Months Ending 2021-03
Book Value / Share 146.66 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.12 Calculated using Price: 311.25
Dividend Yield 0.40 Period Ending 2021-03
No. of Shares Subscribed 0.50 Cr. 5,000,000 Shares
FaceValue 10
Company Profile

Investment & Precision Castings Ltd.(IPCL) was the first investment casting foundry in Gujarat formed way back in 1975. There was then only one other small investment casting foundry in the entire country. As a pioneer, IPCL had to struggle a lot to impart customer awareness and create a market for investment castings in India. This process was then unknown to the Indian market. A lot of application engineering efforts were involved in educating industries in India to switch over to investment castings from the traditional forging, sand castings and shell moulded castings.

IPCL is a fully equipped investment casting foundry with conventional machining facilities and state-of-the-art CNC Machine Shop. It supplies fully machined ready to use parts to automotive and other customers.

The company entered into a technical collaboration with Arwood International, USA in June 1975. After its expiry in April 1983, It signed a technical collaboration agreement with Furstlich Hohenzollernsche Huttenverwaltung, (Zollern Group), Germany, who was well known in Europe for Investment Castings. It then signed a technical licence agreement with Associated Foundries Engineering Co Ltd, Japan in December 1987, relating to producing large piece weight investment castings.

With the knowledge and experience gained through the above collaborations, and reinforced by in-house research & development, IPCL is today a technology leader in the industry, handling the widest range of material specifications and piece weights.

Product range of the company includes:

  • Automobile- IPCL caters to top automotive manufacturers in India and abroad. It is the pioneers in manufacturing investment castings in India.
  • Industrial Pumps- IPCL supplies complex and difficult parts to the pumps industry. 
  • Electrical & Instrumentation - IPCL supplies ferrous & non-ferrous investment castings to the electrical and instrumentation industry segment.
  • General Engineering- IPCL also supplies fully finished, machined and treated parts for different segments.

Milestones

  • 2009: Acquired additional 13,038 sq. metres lands for plant expansion
  • 2008: certification under ISO-14001: 2004 & OHSAS - 18001: 2007 from TUV NORD
  • 2007: Re-Certification under ISO/TS 16949 and ISO-9000 from TUV NORD
  • 2006: Acquired additional 20,000 Sq. Mt. lands for plant expansion
  • 2005: Established wind power plant, at Lamba, Dist. Jamnagar
  •  Established state of the art CNC machine shop
  •  Participation in Automotive Engineering Exposition Japan
  • 2004: Re-Certification under ISO/TS 16949 and ISO-9000 from RWTUV
  •   Established Tamboli Castings Ltd. A fully owned subsidiary as a 100% Export Oriented Unit
  •   Strategic alliance with an european foundry
  • 2003: Strategic alliance with a US foundry
  • 2002: Produced first component for BEHR India  100 Kg Piece Weight Castings developed for the first time
  • 2001: 1st time participation in Midest Fair, Paris  
  • • Certification under ISO/TS 16949 
  • • Developed Injected Ceramic Core Technology  
  • • Developed Ceramic Block Mould Process  
  • • 50 Kg Piece Weight Castings developed for the first time  
  • • Export of over Rs  60 million
  • 2000: Strategic alliance with an European foundry
  • 1999: Export of over Rs 30 million
  • 1998: Recertificationfrom under ISO- 9000 RWTUV
  • 1995: Certification under ISO-9002 from RWTUV 
  • • 1st time participation in Hannover Fair, Germany

Achievements/ recognition:

  • The company has the following Quality Systems Certification from RWTUV, Germany: ISO/TS 16949 : 2002 & ISO 9001 : 2000
  • IPCL is a ‘Self-Certified Vendor’ to Maruti Udyog Ltd., a joint venture Company of Suzuki  Motors Co., Japan
  • The company is a recognised Export House by Foreign Trade department.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
+10.69%
1 Month
+40.27%
3 Month
+53.47%
6 Month
+45.99%
1 Year
+107.36%
2 Year
+89.08%
5 Year
+88.34%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 0.89 3.47 4.50 5.68 7.56 12.60 14.03 -0.98 0.57
Return on Capital Employed (%) 6.65 8.48 9.30 10.50 11.69 16.40 12.34 4.13 4.81
Return on Assets (%) 0.41 1.69 2.30 2.93 4.04 6.51 6.59 -0.45 0.25

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 45 47 49 51 59 67 75 73 73
Non Curr. Liab. 11 8 9 10 10 17 21 20 31
Curr. Liab. 38 38 35 40 37 54 68 69 75
Minority Int.
Equity & Liab. 94 93 93 100 106 138 164 162 178
Non Curr. Assets 47 47 50 53 58 74 93 97 102
Curr. Assets 48 46 42 47 49 64 70 64 76
Misc. Exp. not W/O
Total Assets 94 93 93 100 106 138 164 162 178

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 66 69 77 85 92 108 119 95 105
Other Income 0 0 1 0 0 0 1 1 0
Total Income 66 70 77 85 92 108 120 96 105
Total Expenditure -56 -58 -66 -72 -77 -87 -99 -84 -92
PBIDT 10 11 12 13 15 21 21 12 13
Interest -5 -4 -4 -4 -4 -4 -5 -7 -6
Depreciation -5 -5 -4 -5 -5 -5 -6 -7 -7
Taxation 0 -1 -1 -2 -2 -4 0 0 0
Exceptional Items
PAT 0 2 2 3 4 8 10 -1 0

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 17 13 9 9 10 15 12 10 16
Cash Fr. Inv. -11 -5 -6 -6 -5 -20 -22 -6 -13
Cash Fr. Finan. -5 -8 -3 -3 -5 5 10 -5 -2
Net Change 0 0 0 -1 0 0 0 0 1
Cash & Cash Eqvt 2 2 1 1 1 1 0 0 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.27 50.27 50.27 50.27 50.34 50.34 50.59 50.79 50.79
Public 49.73 49.73 49.73 49.73 49.66 49.66 49.41 49.21 49.21
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 27 Jul 2021
Board Meeting Intimation for Consideration And Approval Of Un-Audited Standalone And Consolidated Financial Results For Q-1 2021-22 Ended 30.06.2021.
INVESTMENT & PRECISION CASTINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2021 inter alia to consider and approve un-audited standalone and consolidated financial results for Q-1 2021-22 ended 30.06.2021.
Wed, 14 Jul 2021
Shareholding for the Period Ended June 30 2021
Investment & Precision Castings Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 13 Jul 2021
Fixes Book Closure for Dividend & AGM
Investment & Precision Castings Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 27 2021 to August 04 2021 (both days inclusive) for the purpose of Payment of Dividend & 46th Annual General Meeting (AGM) of the Company to be held on August 04 2021.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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