IP Rings Ltd
IPRINGLTD NSE
IP Rings Ltd
AutomobilesNSE: IPRINGLTD BSE: 523638 Auto Components
Key Fundamentals
MicrocapAuto ComponentsAutomobilesMarket Cap
₹203 Cr
Volatility
Moderate
P/E Ratio
54.05
EBITDA
₹36.50 Cr
Return on Equity
1.67%
Debt to Equity
1.16
Book Value
₹81.33
52W High
₹187
52W Low
₹124.5
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view IP Rings Ltd insights
30 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
3- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.2% over past five years.
- Company has a low return on equity of -0.65% over last 3 years.
Growth Rate
Revenue Growth
12.12% ↗
Net Income Growth
-138.64% ↘
Cash Flow Change
-56.88% ↘
ROE
-138.22% ↘
ROCE
155.00% ↗
EBITDA Margin (Avg.)
30.79% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 76.24 | 77.74 | 73.92 | 88.82 | 82.09 | 79.28 | 57.8 | 84.21 | 81.52 | 83.74 | 84.99 | 86.54 | 96.03 |
| Expenses | 72.23 | 72.49 | 68.92 | 80.05 | 75.05 | 73.45 | 55.35 | 77.36 | 74.04 | 76.13 | 77.5 | 79.05 | 86.91 |
| Operating Profit | 4.01 | 5.25 | 5 | 8.77 | 7.04 | 5.83 | 2.45 | 6.85 | 7.48 | 7.61 | 7.49 | 7.49 | 9.12 |
| OPM % | 5.26% | 6.75% | 6.76% | 9.87% | 8.58% | 7.35% | 4.24% | 8.13% | 9.18% | 9.09% | 8.81% | 8.65% | 9.5% |
| Other Income | 1.29 | 0.29 | 0.72 | 0.23 | 0.22 | 0.31 | 0.19 | 1.95 | 0.42 | 1.14 | 1.11 | 2.26 | 1.11 |
| Interest | 3.06 | 2.77 | 2.85 | 2.8 | 2.75 | 2.75 | 2.99 | 3.24 | 3.04 | 3.29 | 3.69 | 3.63 | 3.6 |
| Depreciation | 4.16 | 4.32 | 4.24 | 4.15 | 4.08 | 4.38 | 4.61 | 4.54 | 4.23 | 4.44 | 4.41 | 4.46 | 4.61 |
| PBT | -1.92 | -1.55 | -1.37 | 2.05 | 0.43 | -0.99 | -4.96 | 1.02 | 0.63 | 1.02 | 0.5 | 1.66 | 2.02 |
| Tax % | -36.46% | 29.68% | -31.39% | 29.27% | 32.56% | -23.23% | -28.23% | 18.63% | 26.98% | 66.67% | 36% | 5.42% | 24.26% |
| Net Profit | -1.22 | -2.01 | -0.95 | 1.45 | 0.29 | -0.76 | -3.56 | 0.83 | 0.46 | 0.34 | 0.32 | 1.57 | 1.52 |
| EPS in Rs | -0.96 | -1.59 | -0.75 | 1.14 | 0.23 | -0.6 | -2.81 | 0.65 | 0.36 | 0.27 | 0.25 | 1.24 | 1.2 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 101 | 118 | 175 | 203 | 212 | 198 | 198 | 273 | 323 | 317 | 303 | 337 | 351 |
| Expenses | 88 | 103 | 160 | 179 | 184 | 176 | 174 | 240 | 297 | 294 | 281 | 307 | 320 |
| Operating Profit | 13 | 15 | 15 | 24 | 28 | 22 | 25 | 33 | 26 | 23 | 22 | 30 | 32 |
| OPM % | 13% | 13% | 8% | 12% | 13% | 11% | 12% | 12% | 8% | 7% | 7% | 9% | 9% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 5 | 6 |
| Interest | 8 | 9 | 10 | 7 | 8 | 9 | 7 | 10 | 11 | 11 | 12 | 14 | 14 |
| Depreciation | 7 | 7 | 8 | 8 | 10 | 11 | 12 | 14 | 16 | 17 | 18 | 18 | 18 |
| PBT | -1 | 0 | -3 | 10 | 11 | 2 | 7 | 11 | 2 | -3 | -4 | 4 | 5 |
| Tax % | -58% | 12% | -44% | 28% | 28% | 36% | 24% | 26% | 27% | -2% | -29% | 29% | — |
| Net Profit | 0 | 0 | -1 | 7 | 8 | 1 | 5 | 8 | 2 | -3 | -3 | 3 | 4 |
| EPS in Rs | -0.39 | 0.17 | -1.14 | 5.78 | 6.27 | 0.87 | 3.92 | 6.48 | 1.37 | -2.15 | -2.52 | 2.12 | 2.96 |
| Div. Payout % | 0% | 0% | 0% | 0% | 16% | 0% | 38% | 31% | 73% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 33 | 33 | 74 | 81 | 89 | 88 | 93 | 99 | 98 | 94 | 90 | 93 |
| Borrowings | 66 | 86 | 60 | 73 | 82 | 82 | 99 | 113 | 101 | 87 | 104 | 123 |
| Other Liabilities | 22 | 30 | 43 | 40 | 44 | 54 | 68 | 75 | 104 | 114 | 96 | 97 |
| Total Liabilities | 129 | 156 | 189 | 207 | 228 | 237 | 273 | 301 | 316 | 308 | 303 | 326 |
| Fixed Assets | 68 | 80 | 85 | 95 | 118 | 119 | 145 | 154 | 154 | 146 | 146 | 151 |
| CWIP | 0 | 1 | 4 | 4 | 2 | 19 | 2 | 5 | 2 | 2 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 7 | 7 |
| Other Assets | 60 | 74 | 100 | 108 | 108 | 99 | 126 | 142 | 159 | 158 | 147 | 164 |
| Total Assets | 129 | 156 | 189 | 207 | 228 | 237 | 273 | 301 | 316 | 308 | 303 | 326 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -2 | 7 | 10 | 22 | 21 | 32 | 17 | 23 | 42 | 35 | 19 | 8 |
| Investing | -6 | -20 | -18 | -24 | -22 | -15 | -26 | -27 | -13 | -7 | -26 | -16 |
| Financing | 8 | 11 | 12 | 6 | 2 | -11 | 4 | 1 | -27 | -27 | 2 | 7 |
| Net Cash Flow | 0 | -2 | 4 | 4 | 0 | 6 | -5 | -3 | 2 | 1 | -5 | -1 |
| Free Cash Flow | -8 | -13 | -8 | -2 | -2 | 5 | 14 | 25 | 42 | 35 | 20 | 7 |
| CFO/OP | -12 | 49 | 72 | 97 | 85 | 151 | 74 | 73 | 168 | 155 | 88 | 20 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 106 | 102 | 85 | 85 | 70 | 104 | 90 | 85 | 89 | 81 | 82 |
| Inventory Days | 273 | 242 | 211 | 192 | 225 | 220 | 288 | 236 | 194 | 195 | 185 | 266 |
| Days Payable | 160 | 157 | 189 | 155 | 193 | 173 | 325 | 282 | 293 | 324 | 291 | 314 |
| Cash Conversion Cycle | 201 | 192 | 124 | 121 | 117 | 117 | 67 | 44 | -14 | -40 | -25 | 34 |
| Working Capital Days | -35 | -104 | 11 | -2 | 9 | -43 | -17 | 3 | -8 | -17 | -22 | -3 |
| ROCE % | 6% | 8% | 5% | 11% | 11% | 6% | 7% | 10% | 6% | 4% | 4% | 9% |
Documents
1
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
28 Apr - IP Rings and NPR mutually terminate share subscription and technical assistance agreements on April 28, 2026. 28 Apr - IP Rings and NPR mutually terminate share subscription and technical assistance agreements on April 28, 2026.
2
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
28 Apr - IP Rings and NPR mutually terminate share subscription and technical assistance agreements on April 28, 2026. 28 Apr - IP Rings and NPR mutually terminate share subscription and technical assistance agreements on April 28, 2026.
3
Non- Applicability Of Provisions Of Fund Raising By Issuance Of Debt Securities By Large Corporates (Lcs).
20 Apr - IP Rings confirms it is not a Large Corporate under SEBI debt fundraising norms. 20 Apr - IP Rings confirms it is not a Large Corporate under SEBI debt fundraising norms.
4
Non- Applicability Of Provisions Of Fund Raising By Issuance Of Debt Securities By Large Corporates (Lcs).
11h - IP Rings confirms it is not a Large Corporate under SEBI debt fundraising norms. 11h - IP Rings confirms it is not a Large Corporate under SEBI debt fundraising norms.
5
Board Meeting Intimation for Adoption Of Audited Financial Results For The Quarter And Year Ended March 31, 2026.
8 Apr - Board meeting on May 29, 2026 to approve audited FY26 standalone and consolidated results. 8 Apr - Board meeting on May 29, 2026 to approve audited FY26 standalone and consolidated results.
Frequently Asked Questions about IP Rings Ltd
What does IP Rings Ltd do?
Incorporated in 1991, IP Rings Ltd
manufactures engine and transmission components[1]
Where is IP Rings Ltd (523638) listed?
IP Rings Ltd is listed on the Indian stock exchanges. It is listed on NSE: IPRINGLTD and BSE: 523638. You can view its live share price, financials, and ratios on Tapetide.
Which sector does IP Rings Ltd belong to?
IP Rings Ltd operates in the Automobiles sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of IP Rings Ltd?
IP Rings Ltd has a market capitalisation of approximately ₹203.07 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of IP Rings Ltd?
The Price-to-Earnings (PE) ratio of IP Rings Ltd is 54.05. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of IP Rings Ltd?
Over the past 52 weeks, IP Rings Ltd has traded between a low of ₹124.5 and a high of ₹187. This range helps investors understand the stock's price volatility and recent trading levels.
Does IP Rings Ltd pay dividends?
Yes, IP Rings Ltd has a dividend yield of 0.62%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of IP Rings Ltd?
IP Rings Ltd has a Return on Equity (ROE) of 1.67%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research IP Rings Ltd on Tapetide?
On Tapetide, you can view IP Rings Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1991, IP Rings Ltd manufactures engine and transmission components[1]
Website iprings.com
CEO Mr. Venkataramani Anantharamakrishnan Esq.
Employees 350
Listed 2026-08-17
Face Value ₹ 10
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