Mipco Seamless Rings

₹38.6 -1.5 | 3.7%

WEBSITE BSE:505797 NSE : MIPCO SEAM. 16 May, 10:15

Market Cap ₹14 Cr.

Stock P/E -54.2

P/B -4.3

Current Price ₹38.6

Book Value ₹ -8.9

Face Value 10

52W High ₹46.4

Dividend Yield 0%

52W Low ₹ 6.5

Edit Ratio

Mipco Seamless Rings Research see more...

Overview Inc. Year: 1980Industry: IT - Software

Mipco Seamless Rings Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Mipco Seamless Rings Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	0	0	0	0	0	0	0	0	0	0
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	0	0	0	0	0	0	0	0	0	0
Total Expenditure	0	0	0	0	0	0	0	0	0	0
Operating Profit	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Adjusted Earnings Per Share	-0	-0.1	-0	-0	-0	-0	-0.4	-0.2	-0	-0.1

Mipco Seamless Rings 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	0	0	0	0	0	0	0	0	0	0	0	0
Other Income	0	0	0	0	0	0	0	0	0	0	0	0
Total Income	0	0	0	0	0	0	0	0	0	0	0	0
Total Expenditure	0	0	0	0	0	0	0	0	0	0	0	0
Operating Profit	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0
Provision for Tax	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0
Adjusted Earnings Per Share	-0.3	-0.2	-0.2	-0.6	-0.3	-0.3	-0.3	-0.3	-0.2	-0.3	-0.1	-0.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	0%	0%	0%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	522%	62%	31%	37%
ROE Average	0%	0%	0%	0%
ROCE Average	0%	-232%	-179%	-102%

Mipco Seamless Rings Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	-0	-0	-0	-0	-0	-1	-1	-1	-1	-1
Minority's Interest	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	-0	0	0	0	0	0	0	0	0	0
Total Current Liabilities	0	0	1	1	1	1	1	1	1	1
Total Liabilities	0	0	0	0	0	0	0	0	0	0
Fixed Assets	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	0	0	0	0	0	0
Total Current Assets	0	0	0	0	0	0	0	0	0	0
Total Assets	0	0	0	0	0	0	0	0	0	0

Mipco Seamless Rings Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018
Opening Cash & Cash Equivalents	0	0	0	0
Cash Flow from Operating Activities	0	-0	1	-0
Cash Flow from Investing Activities	0	0	0	0
Cash Flow from Financing Activities	-0	0	-1	0
Net Cash Inflow / Outflow	0	-0	-0	-0
Closing Cash & Cash Equivalent	0	0	0	0

Mipco Seamless Rings 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)	-0.27	-0.22	-0.17	-0.55	-0.29	-0.32	-0.28	-0.27	-0.2	-0.27	-0.07
CEPS(Rs)	-0.27	-0.22	-0.17	-0.55	-0.29	-0.32	-0.28	-0.27	-0.2	-0.27	-0.07
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	-5.37	-5.59	-5.76	-6.31	-6.6	-6.92	-7.2	-7.47	-7.67	-7.94	-8.01
Core EBITDA Margin(%)	0	0	0	0	0	0	0	0	0	0	0
EBIT Margin(%)	0	0	0	0	0	0	0	0	0	0	0
Pre Tax Margin(%)	0	0	0	0	0	0	0	0	0	0	0
PAT Margin (%)	0	0	0	0	0	0	0	0	0	0	0
Cash Profit Margin (%)	0	0	0	0	0	0	0	0	0	0	0
ROA(%)	-21.41	-19.61	-16.97	-48.73	-23.24	-25.46	-22.44	-21.99	-17.57	-27.37	-7.32
ROE(%)	0	0	0	0	0	0	0	0	0	0	0
ROCE(%)	-35.1	-30.1	-10.86	-61.97	-38.69	-52.68	-66.36	-134.59	-198.93	-497.03	0
Receivable days	0	0	0	0	0	0	0	0	0	0	0
Inventory Days	0	0	0	0	0	0	0	0	0	0	0
Payable days	0	0	0	0	0	0	0	0	0	0	0
PER(x)	0	0	0	0	0	0	0	0	0	0	0
Price/Book(x)	-0.2	-0.27	-3.31	0	0	-1.46	0	0	0	0	-0.9
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0	0	0	0	0	0	0	0	0	0	0
EV/Core EBITDA(x)	-26.71	-35.57	-283.95	-31.09	-59.43	-55.13	-62.56	-63.87	-90.9	-67.08	-211.93
Net Sales Growth(%)	0	0	0	0	0	0	0	0	0	0	0
EBIT Growth(%)	-22.24	18.3	58.65	-507.08	47.16	-9.49	12.05	1.88	28.82	-36.63	73.26
PAT Growth(%)	-22.24	18.3	23.16	-226.99	47.06	-9.21	11.93	2.03	28.82	-36.63	73.26
EPS Growth(%)	-22.22	18.29	23.16	-226.94	47.05	-9.19	11.93	2.03	28.82	-36.66	73.25
Debt/Equity(x)	2.6	-67.53	-6.47	-2.12	-1.68	-1.39	-1.2	-1.04	-1.05	-1	-0.97
Current Ratio(x)	0.61	0.48	0.46	0.3	0.26	0.22	0.2	0.18	0.17	0.15	0.15
Quick Ratio(x)	0.61	0.48	0.46	0.3	0.26	0.22	0.2	0.18	0.17	0.15	0.15
Interest Cover(x)	0	0	0	-986.5	-355.24	-4476.64	-657.95	0	0	0	0
Total Debt/Mcap(x)	0.52	0.47	0.06	0	0	0.18	0	0	0	0	0.33

Mipco Seamless Rings Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	43.62	43.62	43.62	43.62	43.62	43.62	43.62	43.62	29.67	0
FII	0	0	0	0	0	0	0	0	0	0
DII	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5
Public	55.88	55.88	55.88	55.88	55.88	55.88	55.88	55.88	69.83	99.5
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	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.11	0
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.25	0.36
Others	0	0	0	0	0	0	0	0	0	0
Total	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36

Pros

Stock is trading at -4.3 times its book value
Company is almost debt free.

Cons

Promoter holding is low: 0%.
Company has a low return on equity of 0% over the last 3 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.