1. Is Investment & Precision Castings Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Investment & Precision Castings Ltd is a average quality company.
2. Is Investment & Precision Castings Ltd undervalued or overvalued?
The key valuation ratios of Investment & Precision Castings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Investment & Precision Castings Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Investment & Precision Castings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||4.7%||5.9%||6.1%||7%||8%||10.9%||11.3%||2.9%||3.3%||3%||-|
|Value Creation Index ⓘ||-0.7||-0.6||-0.6||-0.5||-0.4||-0.2||-0.2||-0.8||-0.8||-0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||5%||10.6%||10.7%||8.4%||16.9%||10.3%||-19.8%||10%||26.2%||-|
|Adj EPS ⓘ||0.8||3.2||3.6||5.7||8.5||15.6||19.7||-1.5||0.7||-0.6||-0.7|
|YoY Gr. Rt. %||-||306.4%||14.2%||57.7%||48.2%||84.9%||25.9%||-107.4%||NA||-181.1%||-|
|BVPS (₹) ⓘ||90.1||93.8||97.5||102.4||118.6||133.1||150||146.1||146.9||146.1||147.4|
|Adj Net Profit ⓘ||0.4||1.6||1.8||2.9||4.2||7.8||9.9||-0.7||0.4||-0.3||0|
|Cash Flow from Ops. ⓘ||16.8||13.3||8.7||9.4||9.9||15.2||11.9||10.4||16.6||12.9||-|
|Debt/CF from Ops. ⓘ||2.2||2.3||3.5||3.4||3.1||2.6||4.8||5.6||4||5||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-197.1%||-158.9%||-131.2%||-181.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||0.9||3.4||3.8||5.7||7.7||12.4||13.9||-1||0.5||-0.4||-0.5|
|Op. Profit Mgn % ⓘ||15.6||16.2||14.3||15.4||16.2||19.4||16.9||12.1||12.2||9.9||8.2|
|Net Profit Mgn % ⓘ||0.6||2.3||2.4||3.4||4.6||7.3||8.3||-0.8||0.4||-0.2||-0.2|
|Debt to Equity ⓘ||0.8||0.7||0.6||0.6||0.5||0.6||0.8||0.8||0.9||0.9||0.3|
|Working Cap Days ⓘ||266||225||196||184||205||205||226||297||282||241||196|
|Cash Conv. Cycle ⓘ||160||117||94||86||95||84||92||117||113||101||0|
Debt to equity has declined versus last 3 years average to 0.88
Sales growth is good in last 4 quarters at 13.60%
Return on Equity is Poor
Sales growth has been subdued in last 3 years 3.62%
|TTM EPS (₹)||-0.7||-0.7|
|TTM Sales (₹ Cr.)||149||149|
|BVPS (₹.) ⓘ||147.4||147.1|
|Reserves (₹ Cr.) ⓘ||69||69|
|From the Market|
|52 Week Low / High (₹)||206.25 / 322.00|
|All Time Low / High (₹)||0.69 / 525.00|
|Market Cap (₹ Cr.)||143|
|Equity (₹ Cr.)||5|
|Face Value (₹)||10|
|Industry PE ⓘ||16|
Investment & Precision Castings Ltd.(IPCL) was the first investment casting foundry in Gujarat formed way back in 1975. There was then only one other small investment casting foundry in the entire country. As a pioneer, IPCL had to struggle a lot to impart customer awareness and create a market for investment castings in India. This process was then unknown to the Indian market. A lot of application engineering efforts were involved in educating industries in India to switch over to investment castings from the traditional forging, sand castings and shell moulded castings.
IPCL is a fully equipped investment casting foundry with conventional machining facilities and state-of-the-art CNC Machine Shop. It supplies fully machined ready to use parts to automotive and other customers.
The company entered into a technical collaboration with Arwood International, USA in June 1975. After its expiry in April 1983, It signed a technical collaboration agreement with Furstlich Hohenzollernsche Huttenverwaltung, (Zollern Group), Germany, who was well known in Europe for Investment Castings. It then signed a technical licence agreement with Associated Foundries Engineering Co Ltd, Japan in December 1987, relating to producing large piece weight investment castings.
With the knowledge and experience gained through the above collaborations, and reinforced by in-house research & development, IPCL is today a technology leader in the industry, handling the widest range of material specifications and piece weights.
Product range of the company includes: