Invts & Precisn Cast

₹652 7.5 | 1.2%

WEBSITE BSE:504786 NSE : INVEST &PREC 18 May, 12:50

Market Cap ₹326 Cr.

Stock P/E 32.6

P/B 3.8

Current Price ₹652

Book Value ₹ 170

Face Value 10

52W High ₹765

Dividend Yield 0.15%

52W Low ₹ 395

Edit Ratio

Invts & Precisn Cast Research see more...

Overview Inc. Year: 1975Industry: Castings/Forgings

Investment & Precision Castings Ltd is a reputable company specializing in the manufacturing and supply of high-quality precision castings. With a strong emphasis on precision engineering and advanced casting techniques, the company has established itself as a leading provider in the industry. Investment & Precision Castings Ltd utilizes the investment casting process, also known as the lost-wax casting method, to create intricate and complex metal components with exceptional accuracy and surface finish. This technique allows for the production of components with tight tolerances and intricate designs that are difficult to achieve through other casting methods. The company serves a wide range of industries, including aerospace, automotive, defense, medical, and industrial sectors. Their diverse product portfolio includes components such as turbine blades, engine parts, pumps, valves, and more. Committed to excellence, Investment & Precision Castings Ltd prioritizes stringent quality control measures throughout the manufacturing process, ensuring that their products meet the highest industry standards. They strive to deliver reliable, durable, and precision-engineered castings to their customers, backed by a dedicated team of skilled professionals and state-of-the-art facilities.

Invts & Precisn Cast Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Invts & Precisn Cast Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	33	32	36	39	44	42	44	46	45	40
Other Income	0	0	0	0	0	0	0	1	0	0
Total Income	33	32	36	39	44	42	45	47	45	40
Total Expenditure	30	29	34	36	40	36	37	39	38	35
Operating Profit	3	3	2	4	4	6	8	8	7	6
Interest	2	1	2	1	2	2	2	2	2	2
Depreciation	2	2	2	2	2	2	2	2	2	2
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-1	-0	-1	0	1	3	4	5	3	2
Provision for Tax	-0	-0	-0	0	0	1	1	1	1	1
Profit After Tax	-1	-0	-1	0	0	2	3	3	3	1
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-1	-0	-1	0	0	2	3	3	3	1
Adjusted Earnings Per Share	-1.1	-0.5	-1.6	0.6	0.9	3.9	5.8	6.5	5.1	2.6

Invts & Precisn Cast Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	66	69	77	85	92	108	119	95	105	132	170	175
Other Income	0	0	1	0	0	0	1	1	0	1	0	1
Total Income	66	69	77	85	92	108	120	96	105	133	171	177
Total Expenditure	56	58	66	72	77	87	99	84	92	119	148	149
Operating Profit	10	11	12	13	15	21	21	12	13	14	22	29
Interest	5	4	4	4	4	4	5	7	6	6	7	8
Depreciation	5	5	4	5	5	5	6	7	7	7	7	8
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	2	3	4	6	12	10	-1	1	0	8	14
Provision for Tax	0	1	1	2	2	4	-0	-0	0	0	2	4
Profit After Tax	0	2	2	3	4	8	10	-1	0	0	6	10
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	0	2	2	3	4	8	10	-1	0	0	6	10
Adjusted Earnings Per Share	0.8	3.2	4.3	5.7	8.3	15.9	19.9	-1.4	0.8	0.3	11.1	20

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	29%	21%	9%	10%
Operating Profit CAGR	57%	22%	1%	8%
PAT CAGR	0%	0%	-6%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	57%	43%	22%	31%
ROE Average	7%	3%	4%	5%
ROCE Average	11%	7%	7%	9%

Invts & Precisn Cast Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	45	47	49	51	59	67	75	73	73	73	78
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	8	5	6	6	6	12	17	16	26	24	17
Other Non-Current Liabilities	4	3	3	4	4	5	4	4	4	4	5
Total Current Liabilities	38	38	35	40	37	54	68	69	75	81	100
Total Liabilities	94	93	93	100	106	138	164	162	178	182	201
Fixed Assets	39	40	41	44	51	63	78	81	89	90	89
Other Non-Current Assets	8	8	10	10	6	11	15	16	13	11	12
Total Current Assets	48	46	42	47	49	64	70	64	76	81	100
Total Assets	94	93	93	100	106	138	164	162	178	182	201

Invts & Precisn Cast Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	2	2	1	1	1	1	0	0	1	1
Cash Flow from Operating Activities	17	13	9	9	10	15	12	10	16	13	12
Cash Flow from Investing Activities	-11	-5	-6	-6	-5	-20	-22	-6	-13	-4	-6
Cash Flow from Financing Activities	-5	-8	-3	-3	-5	5	10	-5	-2	-9	-6
Net Cash Inflow / Outflow	0	-0	-0	-1	0	0	-0	0	1	-0	-1
Closing Cash & Cash Equivalent	2	2	1	0	1	1	0	0	1	1	1

Invts & Precisn Cast Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.8	3.17	4.28	5.65	8.34	15.87	19.86	-1.45	0.83	0.34	11.11
CEPS(Rs)	10.84	12.37	12.84	14.98	18.32	26.15	32.2	11.74	14.01	15.06	25.9
DPS(Rs)	0.5	0.5	0.5	0.7	1.25	2.5	2	0.1	1.25	0.25	1
Book NAV/Share(Rs)	89.73	93.46	97.09	101.91	118.75	133.16	149.97	145.97	146.66	145.87	156.78
Core EBITDA Margin(%)	13.87	14.42	12.61	13.64	16.18	19.39	16.86	12.05	12.2	9.91	12.73
EBIT Margin(%)	7.43	8.68	8.48	8.92	11	15.02	12.42	5.72	6.23	5.06	8.66
Pre Tax Margin(%)	0.6	2.93	3.58	4.64	6.75	11.13	8.05	-1.14	0.56	0.17	4.56
PAT Margin (%)	0.53	2.03	2.49	2.96	4.53	7.38	8.37	-0.76	0.4	0.13	3.27
Cash Profit Margin (%)	7.25	7.93	7.47	7.85	9.95	12.16	13.57	6.17	6.69	5.7	7.61
ROA(%)	0.41	1.69	2.3	2.93	4.04	6.51	6.59	-0.45	0.25	0.1	2.9
ROE(%)	0.89	3.47	4.5	5.68	7.56	12.6	14.03	-0.98	0.57	0.23	7.34
ROCE(%)	6.65	8.48	9.3	10.5	11.69	16.4	12.34	4.13	4.81	4.82	10.5
Receivable days	113.96	90.07	76.68	72.7	75.25	68.14	65.86	73.06	79.88	78.21	68.82
Inventory Days	89.2	75.95	62.2	57.85	66.71	63.66	80.67	122.35	111.83	97.96	93.07
Payable days	398.38	349.72	353.62	534.06	488.66	556.48	3030.91	716.49	552.41	258.06	260.07
PER(x)	44.92	16.72	20.69	24.42	27.09	25.67	14.63	0	215.77	922.98	26.2
Price/Book(x)	0.4	0.57	0.91	1.36	1.9	3.06	1.94	0.99	1.23	2.17	1.86
Dividend Yield(%)	1.4	0.94	0.56	0.51	0.55	0.61	0.69	0.07	0.69	0.08	0.34
EV/Net Sales(x)	0.8	0.8	0.96	1.18	1.55	2.26	1.7	1.37	1.48	1.67	1.23
EV/Core EBITDA(x)	5.05	4.9	6.38	7.59	9.44	11.41	9.68	10.85	11.83	15.75	9.45
Net Sales Growth(%)	-16.56	5.01	10.56	10.73	8.37	16.88	10.33	-19.8	9.96	26.14	28.84
EBIT Growth(%)	-33.62	22.95	7.66	16.73	18.92	59.59	-8.77	-63.06	19.78	2.35	120.6
PAT Growth(%)	-86.32	301.4	35.13	32.03	47.56	90.25	25.12	-107.29	157.6	-58.82	3136.23
EPS Growth(%)	-86.32	298.19	35.13	32.03	47.56	90.25	25.12	-107.29	157.6	-58.82	3136.23
Debt/Equity(x)	0.83	0.66	0.63	0.63	0.52	0.6	0.76	0.8	0.91	0.88	0.83
Current Ratio(x)	1.27	1.19	1.2	1.18	1.33	1.17	1.04	0.93	1.02	1	1
Quick Ratio(x)	0.82	0.79	0.81	0.76	0.86	0.8	0.57	0.47	0.59	0.53	0.52
Interest Cover(x)	1.09	1.51	1.73	2.08	2.59	3.86	2.84	0.83	1.1	1.04	2.11
Total Debt/Mcap(x)	2.08	1.16	0.69	0.46	0.27	0.2	0.39	0.81	0.74	0.41	0.45

Invts & Precisn Cast Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	50.92	51.5	51.5	51.91	51.91	51.91	51.91	51.91	51.91	51.91
FII	0	0	0	0	0	0	0	0	0	0
DII	0.38	0.37	0.37	0.37	0.37	0.37	0.37	0.37	0.37	0.39
Public	48.7	48.13	48.13	47.72	47.72	47.72	47.72	47.72	47.72	47.7
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.25	0.26	0.26	0.26	0.26	0.26	0.26	0.26	0.26	0.26
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24
Others	0	0	0	0	0	0	0	0	0	0
Total	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5

Pros

Company has reduced debt.

Cons

Company has a low return on equity of 3% over the last 3 years.
Debtor days have increased from 258.06 to 260.07days.
Stock is trading at 3.8 times its book value.
The company has delivered a poor profit growth of -5% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Invts & Precisn Cast News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Invts & Precisn Cast

Add Watchlist

Invts & Precisn Cast Research see more...

Overview Inc. Year: 1975Industry: Castings/Forgings

Invts & Precisn Cast Share Price

Alert Data

Quarterly Price

Peer Comparison

Invts & Precisn Cast Quarterly Results

Invts & Precisn Cast Profit & Loss

Growth Rates

Invts & Precisn Cast Balance Sheet

Invts & Precisn Cast Cash Flow

Invts & Precisn Cast Ratios

Invts & Precisn Cast Shareholding Pattern

Invts & Precisn Cast News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!