IP Rings Limited share price
IP Rings Limited manufactures and sells engine and transmission components in India, the United States, Thailand, France, and internationally. The company offers piston rings, including top, second, and oil rings, as well as turbo charger rings; gear and pinion small commercial vehicles, three wheelers, passenger cars, and tractors; synchrocone with lining, MIBA carbon lining, and synchrocone products; and polewheel/toner ring products. It also provides rotor shafts and diff case assembly products; and other transmission components comprising gear shift sleeves, edge collar nuts, lock rings, nut mutters, and dog clutches. The company was incorporated in 1991 and is based in Chennai, India.Read more
- Market Cap₹ 179 Cr.
- Current Price₹ 141.48
- High / Low₹ 187 / 121
- Stock P/E58.0
- Book Value₹ 81
- Dividend Yield0.00 %
- ROCE9.7 %
- ROE1.70 %
- Face Value—
More figures (10)
- EPS (TTM)₹ 2.44
- Price / Book1.74
- OPM3.8 %
- Debt / Equity1.19
- Sales growth (4Y)1.6 %
- Profit growth (4Y)1.0 %
- Promoter holding69.3 %
- EV / EBITDA10.4
- Beta0.70
- All-time high₹ 187
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| IPRINGLTD | +2.27% | — | — | — | — | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- IP Rings Limited is in the Auto Parts industry (Consumer Cyclical), with a market value of ₹179 crore.
- It trades at 58.0 times its last 12 months' earnings and 1.7 times book value.
- Revenue grew 1.6% a year over the last 4 years, profit 1.0% a year.
- Return on equity was 1.7% and return on capital employed 9.7% in the latest year.
- Debt was 1.19 times shareholders' equity.
- The share price is 24.3% below its 52-week high.
- Promoters and insiders hold about 69.3%; institutions about 0.0%.
Pros
AINo standout strengths in the reported figures.
Cons
AI- Return on equity has been low: -1.9% on average over the last 3 years.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About IP Rings Limited
IP Rings Limited manufactures and sells engine and transmission components in India, the United States, Thailand, France, and internationally. The company offers piston rings, including top, second, and oil rings, as well as turbo charger rings; gear and pinion small commercial vehicles, three wheelers, passenger cars, and tractors; synchrocone with lining, MIBA carbon lining, and synchrocone products; and polewheel/toner ring products. It also provides rotor shafts and diff case assembly products; and other transmission components comprising gear shift sleeves, edge collar nuts, lock rings, nut mutters, and dog clutches. The company was incorporated in 1991 and is based in Chennai, India.
- Employees
- 390
- Head office
- Chennai
Peer comparison
Consumer CyclicalAuto Parts
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | IP Rings | 141.48 | 58.0 | 179 | 0.00 | 2 | 821.90 | 96 | 17.80 | 9.7 | 1.7 | 1.74 | 3.8 | 1.19 | 69.25 | 331 | 1.6 |
| 2. | Samvardhana Motherson International | 160.00 | 38.6 | 1,70,090 | 0.31 | 1,032 | 101.64 | 34,912 | 16.60 | 11.5 | 10.2 | 4.11 | 5.5 | 0.47 | 58.91 | 1,25,023 | 17.1 |
| 3. | Bosch | 45,560.00 | 56.9 | 1,34,384 | 0.60 | 706 | -36.74 | 5,842 | 22.00 | 24.2 | 19.4 | 9.05 | 11.4 | 0.01 | 70.67 | 19,595 | 10.3 |
| 4. | Uno Minda | 1,108.00 | 53.2 | 63,983 | 0.24 | 296 | 1.76 | 5,557 | 23.79 | 20.5 | 19.1 | 9.37 | 8.0 | 0.40 | 68.49 | 19,385 | 20.5 |
| 5. | Schaeffler India | 3,669.20 | 45.8 | 57,351 | 0.96 | 642 | 19.14 | 5,346 | 18.10 | 25.7 | 20.2 | 9.35 | 14.9 | 0.01 | 74.30 | 9,550 | 12.3 |
| 6. | MRF | 122,790.00 | 21.6 | 52,077 | 0.19 | 495 | -1.02 | 8,416 | 9.64 | 15.6 | 12.3 | 2.48 | 10.4 | 0.15 | 47.88 | 31,149 | 10.6 |
| 7. | Sona BLW Precision Forgings | 800.00 | 71.4 | 49,934 | 0.45 | 180 | 9.96 | 1,301 | 50.47 | 13.2 | 11.2 | 8.31 | 18.4 | 0.07 | 27.91 | 4,308 | 18.8 |
| 8. | Balkrishna Industries | 2,052.80 | 28.2 | 39,684 | 0.78 | 451 | 56.35 | 3,455 | 25.19 | 13.8 | 11.6 | 3.62 | 16.9 | 0.38 | 58.54 | 10,823 | 3.6 |
| 9. | Endurance Technologies | 2,406.40 | 34.9 | 33,849 | 0.48 | 245 | 8.03 | 4,315 | 30.01 | 16.3 | 15.2 | 4.95 | 8.6 | 0.19 | 75.00 | 14,596 | 18.2 |
| 10. | Exide Industries | 370.95 | 33.8 | 31,531 | 0.53 | 350 | 28.38 | 5,528 | 17.75 | 8.8 | 6.1 | 2.27 | 7.3 | 0.11 | 50.94 | 17,908 | 6.1 |
| Median: 45 Co. | 1,580.40 | 33.8 | 14,310 | 0.42 | 401 | 14.55 | 5,437 | 20.05 | 14.7 | 14.6 | 5.46 | 9.5 | 0.17 | 63.70 | 16,252 | 10.3 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
| ₹ Cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Sales | 82 | 84 | 85 | 87 | 96 |
| Operating Profit | 3 | 3 | 3 | 3 | 4 |
| Profit before tax | 0 | 1 | 0 | 1 | 2 |
| Net Profit | 0 | 0 | 0 | 1 | 2 |
| EPS in Rs | 0.89 | 1.22 |
Profit & Loss
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 315 | 312 | 298 | 331 | |
| Operating Profit | 10 | 6 | 5 | 13 | |
| Interest | 10 | 11 | 11 | 13 | |
| Depreciation | 16 | 17 | 18 | 18 | |
| Profit before tax | 2 | -3 | -6 | 3 | |
| Net Profit | 2 | -3 | -4 | 2 | |
| EPS in Rs | 1.36 |
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 |
| Reserves | 98 | 93 | 89 | 90 |
| 101 | 87 | 104 | 123 | |
| Long term borrowings | 41 | 34 | 43 | 55 |
| Short term borrowings | 55 | 49 | 56 | 64 |
| 104 | 114 | 96 | 97 | |
| Trade payables | 90 | 99 | 84 | 82 |
| Current liabilities | 156 | 160 | 151 | 162 |
| Total Liabilities | 316 | 307 | 301 | 323 |
| 155 | 147 | 157 | 155 | |
| Gross block | 235 | 242 | 263 | 276 |
| Accumulated depreciation | 80 | 95 | 107 | 121 |
| Goodwill & intangibles | 2 | 1 | 1 | 1 |
| CWIP | 4 | 2 | 12 | 4 |
| 156 | 158 | 133 | 164 | |
| Inventories | 60 | 59 | 53 | 70 |
| Trade receivables | 76 | 77 | 67 | 76 |
| Cash & equivalents | 6 | 6 | 2 | 2 |
| Current assets | 154 | 152 | 135 | 161 |
| Total Assets | 316 | 307 | 301 | 323 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 42 | 35 | 19 | 8 | |
| Profit for the year | 2 | -3 | -4 | 2 |
| Working capital changes | 15 | 10 | -4 | -25 |
| Direct taxes paid | -1 | -1 | -0 | 2 |
| -13 | -7 | -25 | -16 | |
| Fixed assets sold | 0 | 0 | 0 | 0 |
| Investments sold | 0 | 0 | ||
| -27 | -27 | 2 | 7 | |
| Proceeds from borrowings | 37 | 27 | 78 | 68 |
| Repayment of borrowings | -49 | -39 | -62 | -47 |
| Interest paid | -10 | -11 | -11 | -13 |
| Dividends paid | -3 | -1 | -0 | |
| Net Cash Flow | 2 | 1 | -4 | -1 |
| Free Cash Flow | 42 | 35 | 19 | 8 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 1.5% | -3.0% | -4.3% | 1.7% |
| ROCE | — | 8.0% | 5.2% | 3.6% | 9.7% |
| Operating margin | — | 3.2% | 2.0% | 1.6% | 3.8% |
| Net margin | — | 0.5% | -1.0% | -1.5% | 0.5% |
| Debt / equity | — | 0.91 | 0.82 | 1.03 | 1.19 |
| Current ratio | — | 0.99 | 0.95 | 0.89 | 0.99 |
| Debtor days | — | 88 | 90 | 82 | 83 |
| Inventory days | — | 99 | 102 | 98 | 120 |
| Days payable | — | 150 | 172 | 155 | 142 |
| Cash conversion cycle | — | 37 | 20 | 25 | 61 |
| Working capital days | — | -2 | -10 | -20 | -1 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
- Promoters & insiders 69.25%
- Institutions (FII, DII, funds) 0.00%
- Public & others 30.75%
Documents
Announcements
- Annual General Meeting UpdatesIP Rings Limited has submitted to the Exchange the Proceedings of 23rd Annual General Meeting of the Company held on 31st July 2014 (Source MSE)03-Sep-2014
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has informed the Exchange that the details of voting results in respect of the resolutions passed at the Annual General Meeting of the Company held on 31st July 2…05-Aug-2014
- Annual General Meeting UpdatesIp Rings Limited has submitted to the Exchange a copy of the Proceedings of 22nd Annual General Meeting of the Company held on 29th July 2013. (Source MSE)26-Aug-2013
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has submitted to the Exchange the details of Voting results in respect of the resolutions passed at the Annual General Meeting of the Company held on July 29, 201…01-Aug-2013
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has submitted to the Exchange the details of voting results in respect of the resolutions transacted through Postal Ballot and declared as passed by the Chairman …13-Mar-2013
- Postal Ballot UpdatesIp Rings Limited has submitted to the Exchange a copy of Notice of Postal ballot of the company seeking approval of the shareholders for shifting the Registered Office of the comp…05-Feb-2013
- Postal Ballot UpdatesIp Rings Limited has informed the Exchange that the Company will be seeking the approval of shareholders for the purpose of shifting of the Registered Office of the Company throug…01-Feb-2013
- Proceedings of Annual General MeetingIp Rings Limited has submitted to the Exchange a copy of the Proceedings of 21st Annual General Body Meeting of the Company held on 26th July 2012. (Source MSE)09-Aug-2012
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has submitted to the Exchange the details of voting results in respect of resolutions approved at the Annual General Meeting of the Company held on 26th July 2012…30-Jul-2012
- Proceedings of Annual General MeetingIp Rings Limited has submitted to the Exchange a copy of the Proceedings of 20th Annual General Meeting of the Company held on 28th July, 2011. (Source MSE)17-Aug-2011
Annual reports
None filed recently.
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 17 Jul 2012
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
Trade with our broking desk
Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.
Latest news
From the company (NSE)
- Annual General Meeting UpdatesIP Rings Limited has submitted to the Exchange the Proceedings of 23rd Annual General Meeting of the Company held on 31st July 2014 (Source MSE)NSE filing · 03-Sep-2014
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has informed the Exchange that the details of voting results in respect of the resolutions passed at the Annual General Meeting of the Company held on 31st July 2…NSE filing · 05-Aug-2014
- Annual General Meeting UpdatesIp Rings Limited has submitted to the Exchange a copy of the Proceedings of 22nd Annual General Meeting of the Company held on 29th July 2013. (Source MSE)NSE filing · 26-Aug-2013
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has submitted to the Exchange the details of Voting results in respect of the resolutions passed at the Annual General Meeting of the Company held on July 29, 201…NSE filing · 01-Aug-2013
- Disclosure of Voting Pattern - Clause 35AIp Rings Limited has submitted to the Exchange the details of voting results in respect of the resolutions transacted through Postal Ballot and declared as passed by the Chairman …NSE filing · 13-Mar-2013
- Postal Ballot UpdatesIp Rings Limited has submitted to the Exchange a copy of Notice of Postal ballot of the company seeking approval of the shareholders for shifting the Registered Office of the comp…NSE filing · 05-Feb-2013
- Postal Ballot UpdatesIp Rings Limited has informed the Exchange that the Company will be seeking the approval of shareholders for the purpose of shifting of the Registered Office of the Company throug…NSE filing · 01-Feb-2013
- Proceedings of Annual General MeetingIp Rings Limited has submitted to the Exchange a copy of the Proceedings of 21st Annual General Body Meeting of the Company held on 26th July 2012. (Source MSE)NSE filing · 09-Aug-2012
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
Questions about IP Rings Limited
What is the share price of IP Rings Limited today?
What is the market cap of IP Rings Limited?
What is the P/E ratio of IP Rings Limited?
Is IP Rings Limited a good investment?
How can I buy IP Rings Limited shares?
Have a question about this topic?
Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.
Book your free wealth consultation
- 100% free
- No obligation
- Reply within 2 hours
Request received!
Thank you for trusting Plenitude Connect. An expert will contact you shortly. Please check your inbox for details.