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IP Rings

IPRINGLTD NSE
₹136.66 +7.04 (+5.43%)
P/E
46.17
View as Markdown
MCP
Close 4 Nov 2026 ₹136.66 −1.34 −0.97% 1Y
Start ₹138.00

Key Fundamentals

MicrocapAuto ComponentsConsumer Discretionary

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
8.60%
Debt to Equity
1.16
EPS (TTM)
₹2.96
Book Value
₹81.33
Market Cap
—
P/E (TTM)
46.17
P/B
1.68
ROE
3.52%
Dividend Yield
0.77%
EBITDA
₹36.50 Cr
52W High
₹187.00
52W Low
₹93.00
Day Range
₹130.00 – ₹136.66
Volume
130

Peer Comparison

Consumer Discretionary › Automobiles › Auto Components › Auto Components & Equipments

IP Rings peer comparison
Samvardhana Motherson International
₹159.4938.43₹1,68,660 Cr3.980.37%11.20%13.40%₹1,31,135 Cr₹4,556 Cr
Bosch
₹50,925.0063.56₹1,48,351 Cr10.110.54%14.60%21.50%₹21,088 Cr₹2,363 Cr
Bharat Forge
₹1,812.80122.74₹86,739 Cr7.650.48%12.00%12.60%₹17,543 Cr₹715 Cr
UNO Minda
₹1,196.9057.49₹67,494 Cr10.130.24%19.30%19.60%₹20,725 Cr₹1,291 Cr
Sona BLW Precision Forgings
₹893.7074.48₹56,293 Cr8.700.38%11.70%15.10%₹4,514 Cr₹746 Cr
Schaeffler India
₹3,507.2042.47₹55,555 Cr8.920.99%20.80%27.90%₹10,192 Cr₹1,292 Cr
Tube Investment
₹2,250.5071.81₹42,644 Cr5.620.16%9.95%17.10%₹23,754 Cr₹1,109 Cr
IP Rings (this company)
₹136.6646.17₹165 Cr1.680.77%3.52%8.60%₹351 Cr₹4 Cr
Median 8 companies₹1,504.8560.53₹61,893 Cr8.180.43%11.85%16.10%₹19,134 Cr₹1,200 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

49 Average

Data confidence 100/100

surveillance:ASM1

Category scores

Quality
62
Good
Returns, margins, earnings quality 22% weight
Valuation
44
Weak
Cheap vs sector & own history 24% weight
Growth
64
Good
Sales & profit trajectory 9% weight
Financial Health
24
Poor
Solvency, leverage, coverage 9% weight
Momentum
81
Strong
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

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.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish568
OscillatorsBearish360
Moving AveragesStrong Bullish208

Key readings

RSI (14)
50.02
Neutral
MACD (12,26,9)
−2.27
Bearish
SMA (50)
142.37
Bearish
SMA (200)
123.91
Bullish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+11.06%
5Y+11.22%
3Y+1.42%
1Y+11.22%
TTM+16.01%

Net profit

Net profit growth by window
10YZero base
5Y−9.71%
3Y+14.47%
1YTurned to profit
TTMTurned to profit

Operating cash flow

Operating cash flow growth by window
10Y+1.34%
5Y−13.99%
3Y−42.46%
1Y−57.89%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−3.81 pp
5Y−3.73 pp
3Y+0.85 pp
1Y+1.64 pp
TTM+1.56 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹175 Cr
Mar 2018₹203 Cr
Mar 2019₹212 Cr
Mar 2020₹198 Cr
Mar 2021₹198 Cr
Mar 2022₹273 Cr
Mar 2023₹323 Cr
Mar 2024₹317 Cr
Mar 2025₹303 Cr
Mar 2026₹337 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹1.00 Cr
Mar 2018₹7.00 Cr
Mar 2019₹8.00 Cr
Mar 2020₹1.00 Cr
Mar 2021₹5.00 Cr
Mar 2022₹8.00 Cr
Mar 2023₹2.00 Cr
Mar 2024−₹3.00 Cr
Mar 2025−₹3.00 Cr
Mar 2026₹3.00 Cr

Quarterly Results

₹ Cr
523638 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 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 (₹)
−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

₹ Cr
523638 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
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 (₹)
−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

₹ Cr
523638 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

₹ Cr
523638 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

523638 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view IP Rings insights

29 extracted metrics across FY15–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 56.58%
  • Public 22.52%
  • Others 20.90%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about IP Rings

What does IP Rings Ltd do?
IP Rings Ltd, part of the Amalgamations Group, makes piston rings, precision forgings and differential gears, crank pins and tooling for automotive engines and transmissions. It supplies vehicle manufacturers and Tier-1 suppliers in India.
Where is IP Rings Ltd (IPRINGLTD) listed?
IP Rings Ltd trades as IPRINGLTD on the NSE and under code 523638 on the BSE.
Which sector does IP Rings Ltd belong to?
IP Rings Ltd is classified under the Automobiles sector, in the Auto Components industry.
What is the PE ratio of IP Rings Ltd?
IP Rings Ltd trades at a PE ratio of 46.17 as of 4 Nov 2026, on earnings per share of ₹2.96, against a book value of ₹81.33 per share.
What is the 52-week high and low of IP Rings Ltd?
Over the last 52 weeks IP Rings Ltd has traded between ₹93 and ₹187 as of 4 Nov 2026.
Does IP Rings Ltd pay dividends?
IP Rings Ltd has a dividend yield of 0.77%.
What is the Return on Equity (ROE) of IP Rings Ltd?
IP Rings Ltd reported a return on equity of 3.52%. Its debt-to-equity ratio is 1.16.

Company Information

IP Rings Ltd, part of the Amalgamations Group, makes piston rings, precision forgings and differential gears, crank pins and tooling for automotive engines and transmissions. It supplies vehicle manufacturers and Tier-1 suppliers in India.

Website iprings.com
CEO Mr. Venkataramani Anantharamakrishnan Esq.
Employees 350
Listed 17 Aug 2026
Face Value ₹10

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