IP Rings Key Ratios
NSE: IPRINGLTD | BSE: 523638
₹139.95
As on 18-Sep-2026IST
Market cap
₹177 Cr
Revenue (TTM)
₹351 Cr
P/E Ratio
57.4
P/B Ratio
1.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 10.97 | 17.80 | 16.02 | 3.11 | 6.94 |
| EBIT | 48.71 | 38.58 | 184.19 | 39.92 | -12.04 |
| Net Profit | -38.56 | 231.66 | 262.70 | 68.32 | -19.02 |
| EPS | -3.13 | 231.66 | 223.93 | 60.17 | -23.31 |
| Book Value | -- | -- | 2.64 | -1.56 | 0.09 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 2.38 | -- | 3.91 | 3.71 | 1.50 |
| Net Margin
| -0.37 | -- | 1.07 | 0.50 | -1.45 |
| Return on equity
| -0.99 | -- | 3.73 | 1.68 | -4.27 |
| Return on Capital
| 5.40 | -- | -- | 7.78 | 3.08 |
| Return on Assets
| -0.36 | -- | 1.23 | 0.55 | -1.46 |
| Debt to Equity (x)
| -- | -- | 0.54 | 1.16 | 0.98 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
7.78
|
3.08
|
4.14
|
6.18
|
|
Peer Median
|
--
|
15.30
|
14.95
|
15.81
|
--
|
ROE
3.73
Lower than Peers by 9.16
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
3.73
|
1.68
|
-4.27
|
-2.98
|
1.50
|
|
Peer Median
|
12.89
|
13.52
|
13.71
|
14.59
|
--
|
ROA
1.23
Lower than Peers by 6.78
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
1.23
|
0.55
|
-1.46
|
-1.04
|
0.54
|
|
Peer Median
|
8.01
|
7.25
|
7.36
|
7.16
|
--
|
EBIT Margin
3.91
Lower than Peers by 4.99
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
3.91
|
3.71
|
1.50
|
1.93
|
3.07
|
|
Peer Median
|
8.90
|
8.84
|
8.78
|
8.06
|
--
|
Net Margin
1.07
Lower than Peers by 5.78
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
1.07
|
0.50
|
-1.45
|
-1.01
|
0.51
|
|
Peer Median
|
6.85
|
6.46
|
6.05
|
5.99
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
5.72
|
4.35
|
4.31
|
5.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
16.02
Higher than Peers by 5.88
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
16.02
|
11.01
|
-4.21
|
-2.03
|
18.55
|
|
Peer Median
|
10.14
|
17.62
|
10.70
|
9.28
|
--
|
EBIT Growth
184.17
Higher than Peers by 172.42
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
184.17
|
174.18
|
-25.32
|
-38.42
|
-46.79
|
|
Peer Median
|
11.75
|
18.11
|
16.60
|
12.38
|
--
|
Net Profit Growth
262.70
Higher than Peers by 247.88
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
262.70
|
138.85
|
-37.06
|
-293.62
|
-79.65
|
|
Peer Median
|
14.83
|
14.01
|
17.23
|
16.60
|
--
|
EPS Growth
223.93
Higher than Peers by 212.30
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
223.93
|
138.85
|
-37.06
|
-293.62
|
-79.65
|
|
Peer Median
|
11.63
|
13.23
|
14.59
|
12.90
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
1.73
|
-4.41
|
-4.41
|
-0.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.54
Higher than Peers by 0.49
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
0.54
|
1.16
|
0.98
|
0.79
|
0.87
|
|
Peer Median
|
0.04
|
0.25
|
0.20
|
0.26
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
0.42
|
0.32
|
0.23
|
0.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.99
Lower than Peers by 0.64
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
0.99
|
0.99
|
0.89
|
0.95
|
0.99
|
|
Peer Median
|
1.63
|
1.56
|
1.65
|
1.50
|
--
|
Quick Ratio
0.56
Lower than Peers by 0.58
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
0.56
|
0.56
|
0.54
|
0.58
|
0.61
|
|
Peer Median
|
1.15
|
1.02
|
1.11
|
1.09
|
--
|
Interest Coverage
1.37
Lower than Peers by 9.72
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
1.37
|
1.21
|
0.51
|
0.71
|
1.21
|
|
Peer Median
|
11.09
|
10.30
|
9.86
|
10.04
|
--
|
Operating Efficiency
Debtors to sales
21.57
Higher than Peers by 4.84
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
21.57
|
22.50
|
22.11
|
24.38
|
23.40
|
|
Peer Median
|
16.73
|
16.76
|
16.73
|
17.94
|
--
|
Asset Turnover
1.12
Higher than Peers by 0.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
1.12
|
1.08
|
1.00
|
1.02
|
1.05
|
|
Peer Median
|
1.07
|
1.13
|
1.06
|
1.13
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
77.40
|
86.80
|
88.08
|
80.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
66.77
|
67.48
|
68.27
|
63.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
234.04
|
242.27
|
249.41
|
211.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
-89.87
|
-87.99
|
-93.06
|
-66.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
57.39
Higher than Peers by 23.43
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
57.39
|
70.78
|
--
|
--
|
67.10
|
|
Peer Median
|
33.97
|
34.95
|
30.10
|
31.45
|
--
|
Price / Book Value
1.70
Lower than Peers by 2.71
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
1.70
|
1.18
|
1.75
|
1.78
|
1.01
|
|
Peer Median
|
4.40
|
4.40
|
3.44
|
3.71
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
--
|
--
|
--
|
--
|
1.13
|
|
Peer Median
|
0.42
|
0.41
|
0.50
|
0.46
|
--
|
EV/EBITDA
7.62
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
7.62
|
6.58
|
11.05
|
10.40
|
6.91
|
|
Peer Median
|
--
|
27.87
|
21.48
|
24.61
|
--
|
Market Cap
177
Lower than Peers by 3,480
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
IP Rings
|
177
|
122
|
178
|
189
|
112
|
|
Peer Median
|
3,658
|
3,451
|
2,631
|
1,798
|
--
|