IP Rings Ltd.

174.35 +3.25 ▲1.9%

23 February 2024, 04:01:00 PM
Volume: 10,116

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Industry Icon Auto Ancillary Compare with Industry peers
Website http://www.iprings.com
Market Cap 221.00 Cr.
Enterprise Value(EV) 298.91 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) -4.31 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2023-12
Industry PE 39.24 Trailing Twelve Months Ending 2023-12
Book Value / Share 83.14 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.10 Calculated using Price: 174.35
Dividend Yield 0.57 Period Ending 2023-03
No. of Shares Subscribed 1.27 Cr. 12,675,865 Shares
FaceValue 10
About IP Rings Ltd.
IP Rings was born out of the technical collaboration between India Pistons Limited and Nippon Piston Ring Company Ltd., Japan - a world class leader in Ring Technology in 1991. IP Rings was promoted by India Pistons Ltd., Simpson & Company Ltd., Tractors and Farm Equipment Ltd., and Amalgamations Pvt Ltd., Chennai. State-of-the-Art manufacturing facility at Maraimalai Nagar, 50 Kms. from Chennai.

IP Rings Ltd. Delivery

Delivered Qty
Traded Qty

IP Rings Ltd. Performance

1 Day
+1.90%
1 Week
-0.77%
1 Month
-12.34%
3 Month
+1.69%
6 Month
+24.36%
1 Year
+91.07%
2 Year
+31.29%
5 Year
+62.64%
10 Year
+588.86%

IP Rings Ltd. Fundamental Ratios

2 years 2022-03 2023-03
Return on Equity (%) 7.33 1.5
Return on Capital Employed (%) 9.58 6.18
Return on Assets (%) 2.73 0.54

IP Rings Ltd. Balance Sheet

Particulars 3 years 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 112 111 106
Non Curr. Liab. 59 49 42
Curr. Liab. 130 156 154
Minority Int.
Equity & Liab. 301 316 302
Non Curr. Assets 165 162 159
Curr. Assets 136 154 144
Misc. Exp. not W/O
Total Assets 301 316 302

IP Rings Ltd. Profit and Loss

Particulars 3 years 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 273 323 304
Other Income 2 3 3
Total Income 275 327 307
Total Expenditure -240 -297 -285
PBIDT 35 29 22
Interest -10 -11 -12
Depreciation -14 -16 -17
Taxation -3 -1 1
Exceptional Items
PAT 8 2 -6
Minority Interest
Share Associate 0
Other Related Items
Consolidated Net Profit 8 2 -5
Adjusted EPS 6 1 -4

IP Rings Ltd. Cash Flow

Particulars 2 years 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 23 42
Cash Fr. Inv. -27 -13
Cash Fr. Finan. 1 -27
Net Change -3 2
Cash & Cash Eqvt 3 6

IP Rings Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 56.58 56.58 56.58 56.58 56.58 56.58 56.58 56.58 56.58
Public 43.42 43.42 43.42 43.42 43.42 43.42 43.42 43.42 43.42
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

IP Rings Ltd. Announcements

Fri, 16 Feb 2024
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with Schedule III Part A and Regulation 47 of SEBI Listing Regulations for our Unaudited Newspaper advertisement Publication for your Record.
Sat, 10 Feb 2024
Board Meeting Outcome for Intimation Of Un-Audited Financial Results For The Third Quarter And Nine Months Ended 31.12.2023
We are herewith submitting the Un-audited standalone and consolidated financial results of our Company for the Third Quarter and Nine Months ended 31st December 2023 which were duly reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 10th February 2024. Also please find enclosed the Limited Review Report of the Statutory Auditors of the Company on above said results. Extract of the aforesaid results will be published in the Newspapers in the format prescribed under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The above information is also available on the website of the Company: www.iprings.com.
Please take note that the Meeting commenced at 2:30 P.M. and concluded at 05:15 P.M.
Kindly acknowledge the receipt and take the same on your record.
Sat, 10 Feb 2024
Intimation Of Un-Audited Financial Results For The Third Quarter And Nine Months Ended 31.12.2023
We herewith submitting the unaudited Standalone & Consolidated Financial Results of the Company for the Third Quarter and Nine Months ended on 31st December 2023.

Kindly acknowledge the receipt and take the same on your record.

IP Rings Ltd. Technical Scans

Fri, 23 Feb 2024
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 4.44 11,539.15 -1.2%
Tata Motors Ltd. Consolidated 2023-12 5.15 937.15 +0.5%
Mahindra & Mahindra Ltd. Consolidated 2023-12 3.79 1,930.20 +1.1%
Bajaj Auto Ltd. Consolidated 2023-12 7.61 8,430.05 -0.9%
Eicher Motors Ltd. Consolidated 2023-12 6.39 3,925.45 -0.7%
TVS Motor Company Ltd. Consolidated 2023-12 14.69 2,107.75 -1.0%
Hero MotoCorp Ltd. Consolidated 2023-12 4.83 4,518.55 +0.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 11,539.15 -1.2%
Tata Motors Ltd. Consolidated 2023-03 2.78 937.15 +0.5%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 1,930.20 +1.1%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 8,430.05 -0.9%
Eicher Motors Ltd. Consolidated 2023-03 0.01 3,925.45 -0.7%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 2,107.75 -1.0%
Hero MotoCorp Ltd. Consolidated 2023-03 0.02 4,518.55 +0.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 11,539.15 -1.2%
Tata Motors Ltd. Consolidated 2023-03 5.24 937.15 +0.5%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 1,930.20 +1.1%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,430.05 -0.9%
Eicher Motors Ltd. Consolidated 2023-03 21.19 3,925.45 -0.7%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,107.75 -1.0%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,518.55 +0.5%
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Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 11,539.15 -1.2%
Tata Motors Ltd. Consolidated 2023-03 5.24 937.15 +0.5%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 1,930.20 +1.1%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,430.05 -0.9%
Eicher Motors Ltd. Consolidated 2023-03 21.19 3,925.45 -0.7%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,107.75 -1.0%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,518.55 +0.5%
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Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 11,539.15 -1.2%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 937.15 +0.5%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 1,930.20 +1.1%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 8,430.05 -0.9%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 3,925.45 -0.7%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 2,107.75 -1.0%
Hero MotoCorp Ltd. Consolidated 2023-03 34,158.38 4,518.55 +0.5%
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Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 11,539.15 -1.2%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 937.15 +0.5%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 1,930.20 +1.1%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 8,430.05 -0.9%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 3,925.45 -0.7%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 2,107.75 -1.0%
Hero MotoCorp Ltd. Consolidated 2023-03 2,799.90 4,518.55 +0.5%

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