IP Rings LTD.

Ip Rings Ltd. (IPRINGLTD) is a micro-cap Automobile and Auto Components company valued at ₹179 crore operating in Auto Components & Equipments on the NSE and BSE.

Recent price move

Ip Rings Ltd. last traded at ₹141.48, unchanged on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹2 crore for the latest quarter, marking a significant turnaround from the previous quarter's ₹1 crore and the year-ago quarter's ₹0 crore. The company's net profit margin improved to 0.5% from -1.0% in the prior year, reflecting better cost control and revenue generation.

Financial performance

The company's annual revenue rose 11.2% to ₹337 crore, while annual net profit swung from a loss of ₹3 crore to a profit of ₹2 crore. The latest quarter saw revenue increase 17.8% to ₹96 crore and net profit jump 234.8% to ₹2 crore compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 66.7 times earnings, 1.83 times book value. It yields 0.7%.

Things to watch

The company's return on equity remains at 0.0%, indicating no return to shareholders despite profitability. The stock is 24.1% below its 52-week high, and the profit growth over the past five years has declined by -19.2% annually. The company's debt to equity ratio stands at 1.19, suggesting moderate leverage.

Where it stands

The company has turned around its profitability, with net profit rising to ₹2 crore in the latest quarter and annual net profit swinging to a profit of ₹2 crore. The most significant movement is the 234.8% increase in net profit compared to the same quarter a year earlier. The stock is currently 24.1% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.