IP Rings Ltd. | Small-cap | Consumer Cyclical
₹144.65
-0.17%
| IP Rings Stock Comparison:
IP Rings vs BoschIP Rings vs SamvardhanaIP Rings vs SJS EnterprisesIP Rings vs Lumax IndustriesIP Rings vs DynamaticIP Rings vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 815.2M
Gross Profit 303.1M 37.18%
Operating Income 32.4M 3.98%
Net Income 1.7M 0.20%
EPS (Diluted) ₹0.13

Balance Sheet Metrics

Total Assets 3.0B
Total Liabilities 2.0B
Shareholders Equity 1.0B
Debt to Equity 1.97

Cash Flow Metrics

Revenue & Profitability Trend

IP Rings Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue i 3.0B 3.2B 3.2B 2.7B 2.0B
Cost of Goods Sold i 2.0B 2.1B 2.2B 1.7B 1.2B
Gross Profit i 994.2M 1.1B 959.4M 939.5M 832.0M
Gross Margin % i 33.4% 33.8% 30.4% 35.3% 41.9%
Operating Expenses
Research & Development i - - 0 430.0K 2.2M
Selling, General & Administrative i 134.3M 114.4M 118.9M 106.1M 99.0M
Other Operating Expenses i 353.3M 502.0M 349.8M 268.4M 341.4M
Total Operating Expenses i 487.6M 616.4M 468.7M 374.9M 442.6M
Operating Income i 45.3M 61.5M 100.5M 189.6M 129.8M
Operating Margin % i 1.5% 1.9% 3.2% 7.1% 6.5%
Non-Operating Items
Interest Income i 8.2M 12.1M 14.9M 6.0M 4.4M
Interest Expense i 111.2M 114.8M 104.3M 95.8M 74.3M
Other Non-Operating Income - - - - -
Pre-tax Income i -57.3M -32.9M 23.2M 110.3M 65.4M
Income Tax i -13.0M -617.0K 6.5M 28.4M 15.7M
Effective Tax Rate % i 0.0% 0.0% 28.1% 25.7% 24.0%
Net Income i -44.3M -32.3M 16.7M 82.0M 49.7M
Net Margin % i -1.5% -1.0% 0.5% 3.1% 2.5%
Key Metrics
EBITDA i 222.6M 250.5M 288.3M 351.4M 255.2M
EPS (Basic) i ₹-3.49 ₹-2.55 ₹1.32 ₹6.47 ₹3.92
EPS (Diluted) i ₹-3.49 ₹-2.55 ₹1.32 ₹6.47 ₹3.92
Basic Shares Outstanding i 12675865 12663529 12675865 12675865 12673724
Diluted Shares Outstanding i 12675865 12663529 12675865 12675865 12673724

Income Statement Trend

IP Rings Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets
Cash & Equivalents i 20.3M 62.3M 55.2M 34.0M 65.8M
Short-term Investments i 24.5M 8.0M 17.7M 1.8M 207.0K
Accounts Receivable i 670.8M 772.2M 756.5M 672.8M 565.0M
Inventory i 534.3M 587.5M 597.2M 528.5M 472.1M
Other Current Assets 8.7M 13.4M 32.4M 10.4M 6.2M
Total Current Assets i 1.3B 1.5B 1.5B 1.4B 1.2B
Non-Current Assets
Property, Plant & Equipment i 113.3M 117.8M 116.0M 113.5M 94.8M
Goodwill i 6.1M 14.7M 24.4M 31.7M 17.9M
Intangible Assets i 6.1M 14.7M 24.4M 31.7M 17.9M
Long-term Investments - - - - -
Other Non-Current Assets 81.5M 5.3M 19.9M 23.7M 44.0M
Total Non-Current Assets i 1.7B 1.6B 1.6B 1.6B 1.6B
Total Assets i 3.0B 3.1B 3.2B 3.0B 2.7B
Liabilities
Current Liabilities
Accounts Payable i 860.6M 975.1M 902.4M 631.7M 532.7M
Short-term Debt i 581.3M 507.1M 560.0M 584.0M 549.9M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 13.4M 18.1M 11.1M 21.6M 14.9M
Total Current Liabilities i 1.5B 1.6B 1.6B 1.3B 1.2B
Non-Current Liabilities
Long-term Debt i 463.2M 367.4M 453.8M 550.0M 439.8M
Deferred Tax Liabilities i 10.3M 24.3M 26.5M 25.1M 16.4M
Other Non-Current Liabilities - - 64.0K - -
Total Non-Current Liabilities i 485.6M 407.1M 494.0M 588.1M 469.4M
Total Liabilities i 2.0B 2.0B 2.1B 1.9B 1.7B
Equity
Common Stock i 126.8M 126.8M 126.8M 126.8M 126.8M
Retained Earnings i 74.4M 118.6M 163.6M 172.3M 109.3M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 1.0B 1.1B 1.1B 1.1B 1.1B
Key Metrics
Total Debt i 1.0B 874.4M 1.0B 1.1B 989.8M
Working Capital i -165.4M -86.8M -14.8M 59.2M -28.5M

Balance Sheet Composition

IP Rings Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income i -57.3M -32.9M 23.2M 110.3M 65.4M
Depreciation & Amortization i - - - - -
Stock-Based Compensation i - - - - -
Working Capital Changes i 93.2M 23.2M -142.3M -212.8M -291.3M
Operating Cash Flow i 137.8M 93.0M -25.9M -9.8M -155.9M
Investing Activities
Capital Expenditures i 4.9M 4.8M 2.5M 50.0K 701.0K
Acquisitions i -40.0M -10.0M -5.0M -5.0M -
Investment Purchases i - - - - -
Investment Sales i 46.0K 2.0K 0 - -
Investing Cash Flow i -261.1M -85.7M -142.1M -271.3M -235.4M
Financing Activities
Share Repurchases i - - - - -
Dividends Paid i -3.0K -12.7M -25.4M -19.0M -
Debt Issuance i 327.5M 190.3M 174.5M 331.5M 258.5M
Debt Repayment i -615.6M -392.5M -491.1M -391.8M -388.3M
Financing Cash Flow i -200.7M -276.9M -408.4M -133.5M -126.3M
Free Cash Flow i 193.9M 349.1M 421.4M 227.7M 138.9M
Net Change in Cash i -324.0M -269.6M -576.4M -414.6M -517.6M

Cash Flow Trend

IP Rings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -39.04
Price to Book 1.75
Price to Sales 0.60

Profitability Ratios

Profit Margin -1.45%
Operating Margin 3.98%
Return on Equity -4.37%
Return on Assets -1.47%

Financial Health

Current Ratio 0.89
Debt to Equity 103.07
Beta 0.65

Per Share Data

EPS (TTM) ₹-3.46
Book Value per Share ₹79.95
Revenue per Share ₹239.05

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
ipringltd 1.8B -39.04 1.75 -4.37% -1.45% 103.07
Bosch 1.1T 42.45 8.19 14.59% 14.51% 0.86
Samvardhana 1.1T 32.06 3.08 10.24% 2.90% 46.38
SJS Enterprises 47.8B 39.07 6.93 17.09% 15.94% 5.39
Lumax Industries 46.7B 33.73 6.18 18.07% 3.99% 114.68
Dynamatic 46.6B 108.24 6.43 6.00% 2.97% 79.62

Financial data is updated regularly. All figures are in the company's reporting currency.