IP Rings
- Market cap
- ₹ 164 Cr.
- P/E
- 43.5x
- P/B
- 1.6x
- 52-week range
- 120 – 187
- ROE
- 4%
- ROCE
- 9%
- Dividend yield
- 0%
- Debt / equity
- 1.19
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
IP Rings Limited is an India-based manufacturing and engineering solution provider. The Company is engaged in the manufacture of engine and transmission components. It operates through manufacturing and sale of the auto components segment, which includes piston rings, differential gears, pole wheels, and other transmission components. It is specialized in the production of piston rings in high carbon high alloy steels and nodular iron with a variety of surface coatings that find application in high performance low emission engines. It also produces a series of transmission parts and other components for automotive and related industries employing precision forging technology. The Company's piston rings products include top ring, second ring, oil ring and honeywell (turbocharger). Its OCF products include rotor shaft-1, synchro cone with lining, synchro cone, gear shift sleeve, gear and pinion-three wheelers, gear and pinion-commercial vehicles, and gear, and pinion-passenger cars.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →IP Rings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)43.5 against a typical 26.6: pricier than most peers (1st = cheapest).116th of 153
- Sales growth+17.8% against a typical +20.7% from a year earlier.84th of 142
- Profit growth+230.4% against a typical +15.3% from a year earlier.8th of 127
- Size₹ 163.7 Cr. market value against a typical ₹ 728 Cr. (1st = largest).104th of 138
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 78 | 74 | 89 | 82 | 79 | 58 | 84 | 82 | 84 | 85 | 87 | 96 |
| Expenses | 72 | 69 | 80 | 75 | 73 | 55 | 77 | 74 | 76 | 78 | 79 | 87 |
| Operating Profit | 5 | 5 | 9 | 7 | 6 | 2 | 7 | 7 | 8 | 7 | 7 | 9 |
| OPM % | 6.8% | 6.8% | 9.9% | 8.6% | 7.4% | 4.2% | 8.1% | 9.2% | 9.1% | 8.8% | 8.7% | 9.5% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 0 | 1 | 1 | 2 | 1 |
| Interest | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 4 | 4 | 4 | 4 | 5 |
| Profit before tax | −2 | −1 | 2 | 0 | −1 | −5 | 1 | 1 | 1 | 1 | 2 | 2 |
| Tax % | 29.7% | −31.4% | 29.3% | 32.6% | −23.2% | −28.2% | 18.6% | 27% | 66.7% | 36% | 5.4% | 24.3% |
| Net Profit | −2 | −1 | 1 | 0 | −1 | −4 | 1 | 0 | 0 | 0 | 2 | 2 |
| EPS in Rs | −1.59 | −0.75 | 1.14 | 0.23 | −0.6 | −2.81 | 0.65 | 0.36 | 0.27 | 0.25 | 1.24 | 1.2 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 11%
- 3 Years
- 1%
- TTM
- 16%
- 10 Years
- 33%
- 5 Years
- −6%
- 3 Years
- 27%
- TTM
- 256%
- 10 Years
- 2%
- 5 Years
- −2%
- 3 Years
- 0%
- TTM
- —
- 10 Years
- 3%
- 5 Years
- 1%
- 3 Years
- −1%
- TTM
- —
P/E and EPS over time
Daily price to earnings ratio.
Peers
Listed companies in the same business.
| IP Rings | ₹ 131.90 | ₹ 164 Cr. | 43.5x | 1.6x | 4% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 36.7x | 3.9x | 10.2% | 3.2% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.6x | 8.2x | 19.4% | 13.8% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 63.1x | 18.1x | 29.5% | 19.5% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 56x | 10x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 70.5x | 8x | — | 14% |
Management
- Venkataramani Anantharamakrishnan
- Chief Executive Officer, Managing Director, Executive Director
- R. Janakiraman
- Chief Financial Officer
- M. Sathyanarayanan
- Compliance Officer, Company Secretary
- A. Venkataramani
- Managing Director
Prices are delayed and for information only. Nothing on this page is investment advice.