Mipco Seamless Rings (Gujarat) Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Mipco Seamless Rings (Gujarat) Ltd?

Mipco Seamless Rings (Gujarat) Ltd is trading at 24.30 as of 27 April 2026, with a FY2026-2027 high of 32.1 and low of 22.0. The stock is currently near its 52-week low. Market cap stands at 8.70 Cr..

Q: Is Mipco Seamless Rings (Gujarat) Ltd financially healthy?

Key indicators: ROCE of % is on the lower side. Dividend yield is 0.00 %.

Fair Value

₹395.07Undervalued by 1,525.80%vs CMP ₹24.30

P/E (870.0) × ROE (15.0%) × BV (₹3.71) × DY (2.00%)

Defaults: ROE=15%

₹194.56Undervalued by 700.66%vs CMP ₹24.30

MoS: +87.5% (Strong)Confidence: 38/100 (Low)Models: 1 Under, 2 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹416.99	47%	Under (+1616%)
Graham Number	Earnings	₹1.58	35%	Over (-93.5%)
Earnings Yield	Earnings	₹0.30	19%	Over (-98.8%)
Consensus (3 models)		₹194.56	100%	Undervalued

Key Drivers: P/E of 870 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | Wide model spread (₹0–₹417) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 5.5% · Defaults: ROE=15%

*Investments are subject to market risks

Analyst Summary

Mipco Seamless Rings (Gujarat) Ltd operates in the Miscellaneous segment, NSE: MPCOSEMB | BSE: 505797, current market price is ₹24.30, market cap is 8.70 Cr.. At a glance, stock P/E is 870, ROE is %, ROCE is %, book value is 3.71, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹194.56, which is about 700.7% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹0 Cr, while latest net profit is about ₹0 Cr with a prior-period change of 67.7%. The 52-week range shown on this page is 32.1/22.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMipco Seamless Rings (Gujarat) Ltd. is a Public Limited Listed company incorporated on 29/01/1980 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Num…

This summary is generated from the stock page data available for Mipco Seamless Rings (Gujarat) Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Mipco Seamless Rings (Gujarat) Ltd scores 44/100 (Weak)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health26/100 · Weak

ROCE 0.0% WeakROE 0.0% WeakD/E -0.28 Low debtInterest Coverage 0.0x RiskyProfitable 0/5 years Inconsistent

Smart Money60/100 · Moderate

FII holding up 0.06% (6mo) Slight increasePromoter holding at 0.0% Stable

Earnings Quality50/100 · Moderate

OPM stable around 0% Steady

Quarterly Momentum60/100 · Moderate

OPM: 5.0% (up 5.0% YoY) Margin expansion

Industry Rank40/100 · Moderate

P/E 870.0 vs industry 249.2 Premium to peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:53 am

Market Cap	8.70 Cr.
Current Price	24.3
Intrinsic Value	₹194.56
High / Low	32.1/22.0
Stock P/E	870
Book Value	3.71
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	10.0
PEG Ratio	156.78

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Mipco Seamless Rings (Gujarat) Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mipco Seamless Rings (Gujarat) Ltd	8.70 Cr.	24.3	32.1/22.0	870	3.71	0.00 %	%	%	10.0
FGP Ltd	12.7 Cr.	10.7	13.7/7.32	60.4	3.09	0.00 %	0.00 %	0.89 %	10.0
Syngene International Ltd	16,972 Cr.	421	729/380	41.5	118	0.30 %	13.5 %	10.5 %	10.0
Logica Infoway Ltd	338 Cr.	190	248/163	24.7	53.0	0.00 %	14.3 %	14.1 %	10.0
MPIL Corporation Ltd	26.6 Cr.	468	691/325		242	0.10 %	12.8 %	15.5 %	10.0
Industry Average	6,116.25 Cr	245.12		249.15	103.34	0.04%	48.42%	7.44%	9.00

All Competitor Stocks of Mipco Seamless Rings (Gujarat) Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.55	0.60
Expenses	0.01	0.01	0.16	0.10	0.03	0.03	0.07	0.04	0.02	0.04	0.08	0.51	0.57
Operating Profit	-0.01	-0.01	-0.16	-0.10	-0.03	-0.03	-0.07	-0.04	-0.02	-0.04	-0.08	0.04	0.03
OPM %												7.27%	5.00%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.01	-0.01	-0.16	-0.10	-0.03	-0.03	-0.07	-0.04	-0.02	0.02	-0.08	0.04	0.03
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-0.01	-0.01	-0.16	-0.10	-0.03	-0.03	-0.07	-0.04	-0.02	0.02	-0.08	0.04	0.03
EPS in Rs	-0.03	-0.03	-0.45	-0.28	-0.08	-0.08	-0.20	-0.11	-0.06	0.06	-0.22	0.11	0.08

Last Updated: March 3, 2026, 6:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 17, 2026, 12:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.15
Expenses	0.08	0.12	0.20	0.10	0.11	0.10	0.10	0.07	0.10	0.03	0.31	0.16	1.20
Operating Profit	-0.08	-0.12	-0.20	-0.10	-0.11	-0.10	-0.10	-0.07	-0.10	-0.03	-0.31	-0.16	-0.05
OPM %													-4.35%
Other Income	0.00	0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.06
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.08	-0.03	-0.20	-0.10	-0.11	-0.10	-0.10	-0.07	-0.10	-0.03	-0.31	-0.10	0.01
Tax %	0.00%	100.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-0.08	-0.06	-0.20	-0.10	-0.11	-0.10	-0.10	-0.07	-0.10	-0.03	-0.31	-0.10	0.01
EPS in Rs	-0.22	-0.17	-0.56	-0.28	-0.31	-0.28	-0.28	-0.20	-0.28	-0.08	-0.86	-0.28	0.03
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	25.00%	-233.33%	50.00%	-10.00%	9.09%	0.00%	30.00%	-42.86%	70.00%	-933.33%	67.74%
Change in YoY Net Profit Growth (%)	0.00%	-258.33%	283.33%	-60.00%	19.09%	-9.09%	30.00%	-72.86%	112.86%	-1003.33%	1001.08%

Mipco Seamless Rings (Gujarat) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Last Updated: September 5, 2025, 3:55 pm

Balance Sheet

Last Updated: December 4, 2025, 3:09 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	5.58
Reserves	-5.59	-5.65	-5.85	-5.95	-6.06	-6.16	-6.26	-6.33	-6.43	-6.46	-6.76	-6.87	-6.91
Borrowings	2.26	2.41	2.55	2.61	2.67	2.70	2.71	2.79	2.84	2.84	2.71	3.43	1.44
Other Liabilities	0.13	0.02	0.07	0.11	0.16	0.23	0.32	0.31	0.36	0.39	0.62	0.02	0.28
Total Liabilities	0.38	0.36	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.15	0.16	0.39
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	0.38	0.36	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.15	0.16	0.39
Total Assets	0.38	0.36	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.15	0.16	0.39

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.00	0.10	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.16	-0.72
Cash from Investing Activity +	0.00	-0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activity +	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.14	0.73
Net Cash Flow	0.00	0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.01
Free Cash Flow	0.00	0.10	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.16	-0.72
CFO/OP	0%	-83%	5%	0%	0%	0%	0%	0%	0%	0%	-52%	450%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-2.34	-2.53	-2.75	-2.71	-2.78	-2.80	-2.81	-2.86	-2.94	-2.87	-3.02	-3.59

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %	-31.37%	-10.17%	-64.52%	-38.46%	-51.16%	-64.52%	-133.33%	-200.00%	-666.67%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	43.62%	43.62%	43.62%	29.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.00%	0.06%
DIIs	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%	0.44%	0.50%	0.44%
Public	55.89%	55.88%	55.87%	69.83%	99.50%	99.49%	99.50%	99.49%	99.50%	99.50%	99.50%	99.49%
No. of Shareholders	18,622	18,584	18,592	18,603	18,573	18,477	18,550	18,507	18,472	18,399	18,395	18,385

Shareholding Pattern Chart

No. of Shareholders

Mipco Seamless Rings (Gujarat) Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-0.29	-0.86	-0.07	-0.27	-0.45
Diluted EPS (Rs.)	-0.29	-0.86	-0.07	-0.27	-0.45
Cash EPS (Rs.)	-0.29	-0.86	-0.07	-0.26	-0.19
Book Value[Excl.RevalReserv]/Share (Rs.)	-9.16	-8.87	-8.01	-7.93	-7.67
Book Value[Incl.RevalReserv]/Share (Rs.)	-9.16	-8.87	-8.01	-7.93	-7.67
PBDIT / Share (Rs.)	-0.28	-0.86	-0.07	-0.26	-0.19
PBIT / Share (Rs.)	-0.28	-0.86	-0.07	-0.26	-0.19
PBT / Share (Rs.)	-0.29	-0.86	-0.07	-0.26	-0.19
Net Profit / Share (Rs.)	-0.29	-0.86	-0.07	-0.26	-0.19
Return on Capital Employeed (%)	-68.64	26.23	2.94	11.34	9.36
Return On Assets (%)	-63.81	-214.61	-7.31	-27.36	-20.03
Long Term Debt / Equity (X)	-0.43	0.00	0.00	0.00	0.00
Total Debt / Equity (X)	-0.43	-0.22	-0.29	-0.29	-0.28
Current Ratio (X)	5.83	0.04	0.14	0.15	0.16
Quick Ratio (X)	5.83	0.04	0.14	0.15	0.16
Interest Coverage Ratio (X)	-54.05	-1032.00	0.00	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	-54.05	-1032.00	0.00	0.00	0.00
Enterprise Value (Cr.)	16.81	14.11	5.43	5.46	5.56
EV / EBITDA (X)	-163.63	-45.59	-211.93	-56.98	-79.30
Price / BV (X)	-4.08	-3.59	-0.90	-0.91	-1.01
EarningsYield	-0.01	-0.02	-0.01	-0.03	-0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Mipco Seamless Rings (Gujarat) Ltd. is a Public Limited Listed company incorporated on 29/01/1980 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L72900KA1980PLC080581 and registration number is 080581. Currently company belongs to the Industry of Miscellaneous. Company's Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 3.58 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Miscellaneous	23-88/7-1 RK Nagar, Anandbagh, Malkajgiri Hyderabad Telangana 500047	Contact not found

Management
Name	Position Held
Mr. Venkata Rao Sadhanala	Non Exe.Non Ind.Director
Mr. Raji Reddy Pulakamdla	Non Exe.Non Ind.Director
Mr. Vikky Jain	Additional Whole Time Director
Mrs. Nikitha Sarda	Addnl.Non Exe.Independent Director
Mr. Somnath Dasgupta	Addnl.Non Exe.Independent Director

FAQ

What is the intrinsic value of Mipco Seamless Rings (Gujarat) Ltd and is it undervalued?

As of 27 April 2026, Mipco Seamless Rings (Gujarat) Ltd's intrinsic value is ₹194.56, which is 700.66% higher than the current market price of ₹24.30, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹3.71), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Mipco Seamless Rings (Gujarat) Ltd?

Mipco Seamless Rings (Gujarat) Ltd is trading at ₹24.30 as of 27 April 2026, with a FY2026-2027 high of ₹32.1 and low of ₹22.0. The stock is currently near its 52-week low. Market cap stands at ₹8.70 Cr..

How does Mipco Seamless Rings (Gujarat) Ltd's P/E ratio compare to its industry?

Mipco Seamless Rings (Gujarat) Ltd has a P/E ratio of 870, which is above the industry average of 249.15. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Mipco Seamless Rings (Gujarat) Ltd financially healthy?

Key indicators for Mipco Seamless Rings (Gujarat) Ltd: ROCE of % is on the lower side compared to the industry average of 48.42%; ROE of % is below ideal levels (industry average: 7.44%). Dividend yield is 0.00 %.

Is Mipco Seamless Rings (Gujarat) Ltd profitable and how is the profit trend?

Mipco Seamless Rings (Gujarat) Ltd reported a net profit of ₹0 Cr in Mar 2025. Compared to ₹0 Cr in Mar 2022, the net profit shows a mixed trend.

Does Mipco Seamless Rings (Gujarat) Ltd pay dividends?

Mipco Seamless Rings (Gujarat) Ltd has a dividend yield of 0.00 % at the current price of ₹24.30. The company is currently not paying meaningful dividends.