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IP RINGS vs STEEL STRIPS WHEELS - Comparison Results

Rs 100 invested in...

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Current Valuations

    IP RINGS STEEL STRIPS WHEELS IP RINGS/
STEEL STRIPS WHEELS
 
P/E (TTM) x -33.9 16.8 - View Chart
P/BV x 1.7 3.1 55.4% View Chart
Dividend Yield % 0.7 0.5 148.5%  

Financials

 IP RINGS   STEEL STRIPS WHEELS
EQUITY SHARE DATA
    IP RINGS
Mar-23
STEEL STRIPS WHEELS
Mar-23
IP RINGS/
STEEL STRIPS WHEELS
5-Yr Chart
Click to enlarge
High Rs144190 75.9%   
Low Rs81126 64.2%   
Sales per share (Unadj.) Rs255.0258.2 98.8%  
Earnings per share (Unadj.) Rs1.312.4 10.6%  
Cash flow per share (Unadj.) Rs13.917.5 79.3%  
Dividends per share (Unadj.) Rs1.001.00 100.0%  
Avg Dividend yield %0.90.6 140.4%  
Book value per share (Unadj.) Rs87.572.2 121.1%  
Shares outstanding (eoy) m12.68156.51 8.1%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.40.6 72.1%   
Avg P/E ratio x85.512.8 670.4%  
P/CF ratio (eoy) x8.19.0 89.8%  
Price / Book Value ratio x1.32.2 58.8%  
Dividend payout %76.08.1 941.0%   
Avg Mkt Cap Rs m1,42624,720 5.8%   
No. of employees `000NANA-   
Total wages/salary Rs m3002,754 10.9%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m3,23340,405 8.0%  
Other income Rs m33124 26.9%   
Total revenues Rs m3,26640,529 8.1%   
Gross profit Rs m2584,428 5.8%  
Depreciation Rs m159804 19.8%   
Interest Rs m109835 13.0%   
Profit before tax Rs m232,912 0.8%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m7974 0.7%   
Profit after tax Rs m171,938 0.9%  
Gross profit margin %8.011.0 72.8%  
Effective tax rate %28.133.5 83.8%   
Net profit margin %0.54.8 10.8%  
BALANCE SHEET DATA
Current assets Rs m1,54111,783 13.1%   
Current liabilities Rs m1,55612,152 12.8%   
Net working cap to sales %-0.5-0.9 50.2%  
Current ratio x1.01.0 102.2%  
Inventory Days Days78 82.0%  
Debtors Days Days854315 271.1%  
Net fixed assets Rs m1,61816,031 10.1%   
Share capital Rs m127157 81.0%   
"Free" reserves Rs m98211,147 8.8%   
Net worth Rs m1,10911,304 9.8%   
Long term debt Rs m4131,610 25.7%   
Total assets Rs m3,15927,814 11.4%  
Interest coverage x1.24.5 27.0%   
Debt to equity ratio x0.40.1 261.5%  
Sales to assets ratio x1.01.5 70.4%   
Return on assets %4.010.0 39.8%  
Return on equity %1.517.1 8.8%  
Return on capital %8.729.0 29.9%  
Exports to sales %29.48.1 360.3%   
Imports to sales %3.119.7 15.7%   
Exports (fob) Rs m9493,293 28.8%   
Imports (cif) Rs m1007,968 1.3%   
Fx inflow Rs m9493,293 28.8%   
Fx outflow Rs m1997,968 2.5%   
Net fx Rs m750-4,675 -16.0%   
CASH FLOW
From Operations Rs m4213,481 12.1%  
From Investments Rs m-127-1,279 9.9%  
From Financial Activity Rs m-273-2,341 11.7%  
Net Cashflow Rs m21-139 -15.2%  

Share Holding

Indian Promoters % 56.6 61.9 91.4%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.0 8.9 -  
FIIs % 0.0 6.1 -  
ADR/GDR % 0.0 0.0 -  
Free float % 43.4 38.1 114.0%  
Shareholders   6,611 42,927 15.4%  
Pledged promoter(s) holding % 0.0 4.9 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare IP RINGS With:   BOSCH    TALBROS AUTO    GABRIEL INDIA    GNA AXLES    AUTOMOTIVE AXLES    


More on IP RINGS vs STEEL STRIPS WHEELS

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

IP RINGS vs STEEL STRIPS WHEELS Share Price Performance

Period IP RINGS STEEL STRIPS WHEELS
1-Day -1.03% -1.23%
1-Month -12.26% -13.72%
1-Year 73.28% 50.31%
3-Year CAGR 25.29% 48.66%
5-Year CAGR 7.96% 21.11%

* Compound Annual Growth Rate

Here are more details on the IP RINGS share price and the STEEL STRIPS WHEELS share price.

Moving on to shareholding structures...

The promoters of IP RINGS hold a 56.6% stake in the company. In case of STEEL STRIPS WHEELS the stake stands at 61.9%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of IP RINGS and the shareholding pattern of STEEL STRIPS WHEELS.

Finally, a word on dividends...

In the most recent financial year, IP RINGS paid a dividend of Rs 1.0 per share. This amounted to a Dividend Payout ratio of 76.0%.

STEEL STRIPS WHEELS paid Rs 1.0, and its dividend payout ratio stood at 8.1%.

You may visit here to review the dividend history of IP RINGS, and the dividend history of STEEL STRIPS WHEELS.

For a sector overview, read our auto ancillaries sector report.



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