IP Rings Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 16, 2025, 9:21 pm

Market Cap	166 Cr.
Current Price	131
High / Low	262/108
Stock P/E
Book Value	82.8
Dividend Yield	0.00 %
ROCE	4.05 %
ROE	2.95 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for IP Rings Ltd

Competitors of IP Rings Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
IP Rings Ltd	166 Cr.	131	262/108		82.8	0.00 %	4.05 %	2.95 %	10.0
Talbros Automotive Components Ltd	1,621 Cr.	262	396/200	18.4	96.4	0.27 %	21.4 %	17.2 %	2.00
Sundram Fasteners Ltd	19,355 Cr.	925	1,506/831	35.3	173	0.74 %	18.5 %	16.2 %	1.00
Sintercom India Ltd	331 Cr.	120	186/110	303	36.7	0.00 %	4.82 %	1.15 %	10.0
Shriram Pistons & Rings Ltd	8,155 Cr.	1,851	2,399/1,556	17.1	487	0.54 %	27.9 %	25.2 %	10.0
Industry Average	9,957.33 Cr	2,681.36		53.01	499.34	0.89%	16.26%	14.26%	7.25

All Competitor Stocks of IP Rings Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	71.95	71.84	79.10	85.35	82.54	76.32	76.24	77.74	73.92	88.82	82.09	79.28	57.80
Expenses	65.58	62.87	70.68	78.81	76.89	71.22	72.23	72.56	68.92	80.59	75.21	73.65	55.72
Operating Profit	6.37	8.97	8.42	6.54	5.65	5.10	4.01	5.18	5.00	8.23	6.88	5.63	2.08
OPM %	8.85%	12.49%	10.64%	7.66%	6.85%	6.68%	5.26%	6.66%	6.76%	9.27%	8.38%	7.10%	3.60%
Other Income	0.53	1.49	0.94	0.90	1.28	0.32	1.36	0.29	0.76	0.23	0.22	0.31	0.19
Interest	2.74	2.46	2.42	2.57	2.81	3.08	3.06	2.77	2.85	2.80	2.75	2.75	2.99
Depreciation	3.61	3.71	3.79	3.93	4.00	4.23	4.16	4.32	4.24	4.15	4.08	4.38	4.61
Profit before tax	0.55	4.29	3.15	0.94	0.12	-1.89	-1.85	-1.62	-1.33	1.51	0.27	-1.19	-5.33
Tax %	36.36%	18.18%	31.11%	14.89%	83.33%	-29.63%	-37.84%	28.40%	-32.33%	39.74%	51.85%	-19.33%	-26.27%
Net Profit	0.35	3.52	2.17	0.80	0.02	-1.33	-1.15	-2.08	-0.90	0.91	0.13	-0.97	-3.93
EPS in Rs	0.28	2.78	1.71	0.63	0.02	-1.05	-0.91	-1.64	-0.71	0.72	0.10	-0.77	-3.10

Last Updated: March 3, 2025, 11:54 pm

Below is a detailed analysis of the quarterly data for IP Rings Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 57.80 Cr.. The value appears to be declining and may need further review. It has decreased from 79.28 Cr. (Sep 2024) to 57.80 Cr., marking a decrease of 21.48 Cr..
For Expenses, as of Dec 2024, the value is 55.72 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 73.65 Cr. (Sep 2024) to 55.72 Cr., marking a decrease of 17.93 Cr..
For Operating Profit, as of Dec 2024, the value is 2.08 Cr.. The value appears to be declining and may need further review. It has decreased from 5.63 Cr. (Sep 2024) to 2.08 Cr., marking a decrease of 3.55 Cr..
For OPM %, as of Dec 2024, the value is 3.60%. The value appears to be declining and may need further review. It has decreased from 7.10% (Sep 2024) to 3.60%, marking a decrease of 3.50%.
For Other Income, as of Dec 2024, the value is 0.19 Cr.. The value appears to be declining and may need further review. It has decreased from 0.31 Cr. (Sep 2024) to 0.19 Cr., marking a decrease of 0.12 Cr..
For Interest, as of Dec 2024, the value is 2.99 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.75 Cr. (Sep 2024) to 2.99 Cr., marking an increase of 0.24 Cr..
For Depreciation, as of Dec 2024, the value is 4.61 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.38 Cr. (Sep 2024) to 4.61 Cr., marking an increase of 0.23 Cr..
For Profit before tax, as of Dec 2024, the value is -5.33 Cr.. The value appears to be declining and may need further review. It has decreased from -1.19 Cr. (Sep 2024) to -5.33 Cr., marking a decrease of 4.14 Cr..
For Tax %, as of Dec 2024, the value is -26.27%. The value appears to be improving (decreasing) as expected. It has decreased from -19.33% (Sep 2024) to -26.27%, marking a decrease of 6.94%.
For Net Profit, as of Dec 2024, the value is -3.93 Cr.. The value appears to be declining and may need further review. It has decreased from -0.97 Cr. (Sep 2024) to -3.93 Cr., marking a decrease of 2.96 Cr..
For EPS in Rs, as of Dec 2024, the value is -3.10. The value appears to be declining and may need further review. It has decreased from -0.77 (Sep 2024) to -3.10, marking a decrease of 2.33.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 20, 2025, 2:23 pm

Metric	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	273	323	317	308
Expenses	240	297	294	285
Operating Profit	33	26	23	23
OPM %	12%	8%	7%	7%
Other Income	2	3	3	1
Interest	10	11	11	11
Depreciation	14	16	17	17
Profit before tax	11	2	-3	-5
Tax %	26%	28%	-2%
Net Profit	8	2	-3	-4
EPS in Rs	6.47	1.32	-2.55	-3.05
Dividend Payout %	31%	76%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2022-2023	2023-2024
YoY Net Profit Growth (%)	-75.00%	-250.00%
Change in YoY Net Profit Growth (%)	0.00%	-175.00%

IP Rings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 2 years from 2022-2023 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	1%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	29%

Stock Price CAGR
10 Years:	7%
5 Years:	22%
3 Years:	3%
1 Year:	-15%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	-3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 2:31 pm

Month	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	13	13	13	13
Reserves	99	98	93	92
Borrowings	113	101	87	87
Other Liabilities	75	104	114	105
Total Liabilities	301	316	307	297
Fixed Assets	154	154	146	147
CWIP	5	2	2	1
Investments	0	1	1	4
Other Assets	142	159	158	144
Total Assets	301	316	307	297

Below is a detailed analysis of the balance sheet data for IP Rings Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹13.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 13.00 Cr..
For Reserves, as of Sep 2024, the value is ₹92.00 Cr.. The value appears to be declining and may need further review. It has decreased from 93.00 Cr. (Mar 2024) to ₹92.00 Cr., marking a decrease of 1.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹87.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 87.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹105.00 Cr.. The value appears to be improving (decreasing). It has decreased from 114.00 Cr. (Mar 2024) to ₹105.00 Cr., marking a decrease of 9.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹297.00 Cr.. The value appears to be improving (decreasing). It has decreased from 307.00 Cr. (Mar 2024) to ₹297.00 Cr., marking a decrease of 10.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹147.00 Cr.. The value appears strong and on an upward trend. It has increased from 146.00 Cr. (Mar 2024) to ₹147.00 Cr., marking an increase of 1.00 Cr..
For CWIP, as of Sep 2024, the value is ₹1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Mar 2024) to ₹1.00 Cr., marking a decrease of 1.00 Cr..
For Investments, as of Sep 2024, the value is ₹4.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to ₹4.00 Cr., marking an increase of 3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹144.00 Cr.. The value appears to be declining and may need further review. It has decreased from 158.00 Cr. (Mar 2024) to ₹144.00 Cr., marking a decrease of 14.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹297.00 Cr.. The value appears to be declining and may need further review. It has decreased from 307.00 Cr. (Mar 2024) to ₹297.00 Cr., marking a decrease of 10.00 Cr..

Notably, the Reserves (92.00 Cr.) exceed the Borrowings (87.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	23	42	35
Cash from Investing Activity +	-27	-13	-7
Cash from Financing Activity +	1	-27	-27
Net Cash Flow	-3	2	1

Free Cash Flow

Month	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-80.00	-75.00	-64.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2022	Mar 2023	Mar 2024
Debtor Days	90	85	89
Inventory Days	236	194	195
Days Payable	282	293	324
Cash Conversion Cycle	44	-14	-40
Working Capital Days	81	55	41
ROCE %		6%	4%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%	56.58%
Public	43.42%	43.42%	43.41%	43.42%	43.42%	43.42%	43.43%	43.43%	43.44%	43.43%	43.43%	43.41%
No. of Shareholders	6,558	6,537	6,505	6,446	6,457	6,476	6,348	6,611	6,622	6,608	6,353	6,259

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22
FaceValue	10.00	10.00	10.00
Basic EPS (Rs.)	-2.55	1.32	6.47
Diluted EPS (Rs.)	-2.55	1.32	6.47
Cash EPS (Rs.)	11.15	13.95	17.79
Book Value[Excl.RevalReserv]/Share (Rs.)	83.63	87.49	88.23
Book Value[Incl.RevalReserv]/Share (Rs.)	83.63	87.49	88.23
Revenue From Operations / Share (Rs.)	249.86	255.05	215.14
PBDIT / Share (Rs.)	20.16	23.04	27.94
PBIT / Share (Rs.)	6.85	10.46	16.62
PBT / Share (Rs.)	-2.20	1.88	8.72
Net Profit / Share (Rs.)	-2.15	1.37	6.48
NP After MI And SOA / Share (Rs.)	-2.55	1.31	6.46
PBDIT Margin (%)	8.06	9.03	12.98
PBIT Margin (%)	2.74	4.10	7.72
PBT Margin (%)	-0.88	0.73	4.05
Net Profit Margin (%)	-0.86	0.53	3.01
NP After MI And SOA Margin (%)	-1.01	0.51	3.00
Return on Networth / Equity (%)	-3.04	1.50	7.32
Return on Capital Employeed (%)	5.92	8.26	12.34
Return On Assets (%)	-1.05	0.52	2.72
Long Term Debt / Equity (X)	0.31	0.37	0.45
Total Debt / Equity (X)	0.78	0.86	0.96
Asset Turnover Ratio (%)	1.02	1.05	0.00
Current Ratio (X)	0.94	0.99	1.05
Quick Ratio (X)	0.57	0.60	0.63
Inventory Turnover Ratio (X)	1.87	2.10	0.00
Dividend Payout Ratio (NP) (%)	-39.25	152.00	23.19
Dividend Payout Ratio (CP) (%)	9.29	14.39	8.43
Earning Retention Ratio (%)	139.25	-52.00	76.81
Cash Earning Retention Ratio (%)	90.71	85.61	91.57
Interest Coverage Ratio (X)	2.23	2.69	3.53
Interest Coverage Ratio (Post Tax) (X)	0.76	1.16	1.82
Enterprise Value (Cr.)	265.67	201.85	253.58
EV / Net Operating Revenue (X)	0.83	0.62	0.92
EV / EBITDA (X)	10.40	6.91	7.16
MarketCap / Net Operating Revenue (X)	0.59	0.34	0.54
Retention Ratios (%)	139.25	-52.00	76.80
Price / BV (X)	1.78	1.01	1.33
Price / Net Operating Revenue (X)	0.59	0.34	0.54
EarningsYield	-0.01	0.01	0.05

After reviewing the key financial ratios for IP Rings Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is -2.55. This value is below the healthy minimum of 5. It has decreased from 1.32 (Mar 23) to -2.55, marking a decrease of 3.87.
For Diluted EPS (Rs.), as of Mar 24, the value is -2.55. This value is below the healthy minimum of 5. It has decreased from 1.32 (Mar 23) to -2.55, marking a decrease of 3.87.
For Cash EPS (Rs.), as of Mar 24, the value is 11.15. This value is within the healthy range. It has decreased from 13.95 (Mar 23) to 11.15, marking a decrease of 2.80.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 83.63. It has decreased from 87.49 (Mar 23) to 83.63, marking a decrease of 3.86.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 83.63. It has decreased from 87.49 (Mar 23) to 83.63, marking a decrease of 3.86.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 249.86. It has decreased from 255.05 (Mar 23) to 249.86, marking a decrease of 5.19.
For PBDIT / Share (Rs.), as of Mar 24, the value is 20.16. This value is within the healthy range. It has decreased from 23.04 (Mar 23) to 20.16, marking a decrease of 2.88.
For PBIT / Share (Rs.), as of Mar 24, the value is 6.85. This value is within the healthy range. It has decreased from 10.46 (Mar 23) to 6.85, marking a decrease of 3.61.
For PBT / Share (Rs.), as of Mar 24, the value is -2.20. This value is below the healthy minimum of 0. It has decreased from 1.88 (Mar 23) to -2.20, marking a decrease of 4.08.
For Net Profit / Share (Rs.), as of Mar 24, the value is -2.15. This value is below the healthy minimum of 2. It has decreased from 1.37 (Mar 23) to -2.15, marking a decrease of 3.52.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -2.55. This value is below the healthy minimum of 2. It has decreased from 1.31 (Mar 23) to -2.55, marking a decrease of 3.86.
For PBDIT Margin (%), as of Mar 24, the value is 8.06. This value is below the healthy minimum of 10. It has decreased from 9.03 (Mar 23) to 8.06, marking a decrease of 0.97.
For PBIT Margin (%), as of Mar 24, the value is 2.74. This value is below the healthy minimum of 10. It has decreased from 4.10 (Mar 23) to 2.74, marking a decrease of 1.36.
For PBT Margin (%), as of Mar 24, the value is -0.88. This value is below the healthy minimum of 10. It has decreased from 0.73 (Mar 23) to -0.88, marking a decrease of 1.61.
For Net Profit Margin (%), as of Mar 24, the value is -0.86. This value is below the healthy minimum of 5. It has decreased from 0.53 (Mar 23) to -0.86, marking a decrease of 1.39.
For NP After MI And SOA Margin (%), as of Mar 24, the value is -1.01. This value is below the healthy minimum of 8. It has decreased from 0.51 (Mar 23) to -1.01, marking a decrease of 1.52.
For Return on Networth / Equity (%), as of Mar 24, the value is -3.04. This value is below the healthy minimum of 15. It has decreased from 1.50 (Mar 23) to -3.04, marking a decrease of 4.54.
For Return on Capital Employeed (%), as of Mar 24, the value is 5.92. This value is below the healthy minimum of 10. It has decreased from 8.26 (Mar 23) to 5.92, marking a decrease of 2.34.
For Return On Assets (%), as of Mar 24, the value is -1.05. This value is below the healthy minimum of 5. It has decreased from 0.52 (Mar 23) to -1.05, marking a decrease of 1.57.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.31. This value is within the healthy range. It has decreased from 0.37 (Mar 23) to 0.31, marking a decrease of 0.06.
For Total Debt / Equity (X), as of Mar 24, the value is 0.78. This value is within the healthy range. It has decreased from 0.86 (Mar 23) to 0.78, marking a decrease of 0.08.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.02. It has decreased from 1.05 (Mar 23) to 1.02, marking a decrease of 0.03.
For Current Ratio (X), as of Mar 24, the value is 0.94. This value is below the healthy minimum of 1.5. It has decreased from 0.99 (Mar 23) to 0.94, marking a decrease of 0.05.
For Quick Ratio (X), as of Mar 24, the value is 0.57. This value is below the healthy minimum of 1. It has decreased from 0.60 (Mar 23) to 0.57, marking a decrease of 0.03.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.87. This value is below the healthy minimum of 4. It has decreased from 2.10 (Mar 23) to 1.87, marking a decrease of 0.23.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is -39.25. This value is below the healthy minimum of 20. It has decreased from 152.00 (Mar 23) to -39.25, marking a decrease of 191.25.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 9.29. This value is below the healthy minimum of 20. It has decreased from 14.39 (Mar 23) to 9.29, marking a decrease of 5.10.
For Earning Retention Ratio (%), as of Mar 24, the value is 139.25. This value exceeds the healthy maximum of 70. It has increased from -52.00 (Mar 23) to 139.25, marking an increase of 191.25.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 90.71. This value exceeds the healthy maximum of 70. It has increased from 85.61 (Mar 23) to 90.71, marking an increase of 5.10.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.23. This value is below the healthy minimum of 3. It has decreased from 2.69 (Mar 23) to 2.23, marking a decrease of 0.46.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.76. This value is below the healthy minimum of 3. It has decreased from 1.16 (Mar 23) to 0.76, marking a decrease of 0.40.
For Enterprise Value (Cr.), as of Mar 24, the value is 265.67. It has increased from 201.85 (Mar 23) to 265.67, marking an increase of 63.82.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.83. This value is below the healthy minimum of 1. It has increased from 0.62 (Mar 23) to 0.83, marking an increase of 0.21.
For EV / EBITDA (X), as of Mar 24, the value is 10.40. This value is within the healthy range. It has increased from 6.91 (Mar 23) to 10.40, marking an increase of 3.49.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.59. This value is below the healthy minimum of 1. It has increased from 0.34 (Mar 23) to 0.59, marking an increase of 0.25.
For Retention Ratios (%), as of Mar 24, the value is 139.25. This value exceeds the healthy maximum of 70. It has increased from -52.00 (Mar 23) to 139.25, marking an increase of 191.25.
For Price / BV (X), as of Mar 24, the value is 1.78. This value is within the healthy range. It has increased from 1.01 (Mar 23) to 1.78, marking an increase of 0.77.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.59. This value is below the healthy minimum of 1. It has increased from 0.34 (Mar 23) to 0.59, marking an increase of 0.25.
For EarningsYield, as of Mar 24, the value is -0.01. This value is below the healthy minimum of 5. It has decreased from 0.01 (Mar 23) to -0.01, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of IP Rings Ltd as of April 17, 2025 is: 29.90

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 17, 2025, IP Rings Ltd is Overvalued by 77.18% compared to the current share price 131.00

Default values used*: Default value of 15 for Stock P/E is used

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Cash Conversion Cycle of -3.33, which is a positive sign. The company has shown consistent growth in sales (305.25 cr) and profit (1.25 cr) over the years.	The stock has a low average ROCE of 3.33%, which may not be favorable. The stock has a high average Working Capital Days of 59.00, which may not be favorable. The company has higher borrowings (97.00) compared to reserves (95.50), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in IP Rings Ltd:
1. Net Profit Margin: -0.86%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 5.92% (Industry Average ROCE: 16.26%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -3.04% (Industry Average ROE: 14.26%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0.76
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.57
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 53.01)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.78
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

I P Rings Ltd. is a Public Limited Listed company incorporated on 30/01/1991 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L28920TN1991PLC020232 and registration number is 020232. Currently company belongs to the Industry of Auto Ancl - Engine Parts. Company's Total Operating Revenue is Rs. 316.72 Cr. and Equity Capital is Rs. 12.68 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Engine Parts	D11/12, Industrial Estate, Chengalpattu Tamil Nadu 603209	investor@iprings.com http://www.iprings.com

Management
Name	Position Held
Mr. A Venkataramani	Managing Director
Mr. M Govindarajan	Non Executive Director
Mr. Ryosuke Hasumi	Non Executive Director
Dr. Sandhya Shekhar	Independent Director
Mr. Vikram Vijayaraghavan	Independent Director
Mr. Navin Paul	Independent Director

FAQ

What is the intrinsic value of IP Rings Ltd?

IP Rings Ltd's intrinsic value (as of 17 April 2025) is ₹29.90 — 77.18% lower the current market price of 131.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 166 Cr. market cap, FY2025-2026 high/low of ₹262/108, reserves of 92 Cr, and liabilities of 297 Cr.

What is the Market Cap of IP Rings Ltd?

The Market Cap of IP Rings Ltd is 166 Cr..

What is the current Stock Price of IP Rings Ltd as on 17 April 2025?

The current stock price of IP Rings Ltd as on 17 April 2025 is 131.

What is the High / Low of IP Rings Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of IP Rings Ltd stocks is ₹262/108.

What is the Stock P/E of IP Rings Ltd?

The Stock P/E of IP Rings Ltd is .

What is the Book Value of IP Rings Ltd?

The Book Value of IP Rings Ltd is 82.8.

What is the Dividend Yield of IP Rings Ltd?

The Dividend Yield of IP Rings Ltd is 0.00 %.

What is the ROCE of IP Rings Ltd?

The ROCE of IP Rings Ltd is 4.05 %.

What is the ROE of IP Rings Ltd?

The ROE of IP Rings Ltd is 2.95 %.

What is the Face Value of IP Rings Ltd?

The Face Value of IP Rings Ltd is 10.0.