About Ip Rings Limited
Data last updated: 26 September 2026
Ip Rings Limited is a public limited company based in Maraimalai Nagar, Tamil Nadu, India, a subsidiary of Amalgamations Private Limited. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 30 January 1991, the company has been in operation for over 35 years.
Registered with ROC Chennai under CIN L28920TN1991PLC020232. Listed on BSE: 523638.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.68 Cr. It is led by directors including Muthalagu Govindarajan and Venkataramani Anantharamakrishnan.
Last AGM: 21 August 2025. Financial statements filed for year ended 31 March 2025. Office: D 11/12 Industrial Estate Maraimalai Nagar, Tamil Nadu, India – 603209.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹336.79 Cr, a growth of 11.01% compared to the previous year. The net worth stands at ₹103.1 Cr (up 1.74% YoY). Total assets are valued at ₹227.02 Cr (up 9.67% YoY).
The company has a workforce of approximately 346 employees as per the latest available data. It operates as a subsidiary of Amalgamations Private Limited.
The company is associated with 1 brand - Ip Rings. As per MCA filings, the company has open charges of ₹266.86 Cr and satisfied charges of ₹223.24 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iprings.com.
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EmailLocked
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Registered AddressD 11/12 Industrial Estate Maraimalai Nagar, Tamil Nadu, India – 603209
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ip Rings Limited
Ip Rings Limited has one previous CIN (Corporate Identification Number): U28920TN1991PLC020232. The current CIN is L28920TN1991PLC020232, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28920TN1991PLC020232 | Current |
| U28920TN1991PLC020232 | Previous |
Associated Brands with Ip Rings Limited
Ip Rings Limited operates one associated brand: IP Rings. These brands represent Ip Rings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Automotive components are manufactured and supplied by IP Rings. | iprings.com |
Competitors & Alternatives of Ip Rings Limited
Brands and companies operating in the same space as Ip Rings Limited include Oerlikon, LiquidPiston, Aquarius Engines and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Powertrain systems and components are manufactured and supplied to OEMs. | Freienbach, Switzerland, Switzerland | 1906 |
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Lightweight internal combustion engines are developed for scalable power applications. | Bloomfield, United States, United States | 2003 |
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Patented engines for hybrid vehicles are developed in Israel. | Rosh Haayin, Israel, Israel | 2014 |
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Electrostatic motors and automotive components are manufactured by C-Motive. | Madison, United States, United States | 2012 |
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Manufacturer and supplier of gears and pinions to OEMs and aftermarket | Delhi, India, India | 1963 |
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Manufacturer and supplier of engine components to OEMs | Gurugram, India, India | 1986 |
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Dynamic seals and wipers are manufactured for industrial applications. | Weinheim, Germany, Germany | 1929 |
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Engines for vehicles are manufactured and developed. | San Diego, United States, United States | 2004 |
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Automotive engine system components are manufactured and supplied by Walor. | Lege, France, France | 1993 |
Business Activity of Ip Rings Limited
Ip Rings Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Ip Rings Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ip Rings Limited
Ip Rings Limited is audited by M S Krishnaswami & Rajan for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S Krishnaswami & Rajan | Locked | Locked | Locked |
Complete auditor history for Ip Rings Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ip Rings Limited
Ip Rings Limited is currently managed by 6 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthalagu Govindarajan | Director | 02 Aug 2021 | 5 Years 1 Months | Current |
| Venkataramani Anantharamakrishnan | Managing Director | 27 Oct 2010 | 15 Years 10 Months | Current |
| Vikram Vijayaraghavan | Director | 16 May 2019 | 7 Years 4 Months | Current |
| Navin Paul | Director | 07 Nov 2019 | 6 Years 10 Months | Current |
|
Anandi Iyer
Also directs:
Highway Roop Industries Limited, Roop Auto Forge Private Limited, Highway Roop Precision Technologies Limited and 1 more
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Director | 01 Oct 2024 | 1 Years 11 Months | Current |
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Nagarajan Balavijayan
Also directs:
Sri Rama Vilas Service Limited
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Additional Director | 29 May 2026 | 0 Years 3 Months | Current |
Financials of Ip Rings Limited FY 2025-26 filings available
Ip Rings Limited reported revenue of ₹336.79 Cr (up 11.01% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 337 | 303 | 317 | 323 | 273 |
| Revenue growth | +9.5% | -4.0% | -1.1% | +24.2% | +9997.0% |
| EBITDA | 27.63 | 20.93 | 22.52 | 25.80 | 33.10 |
| EBITDA margin | +8.2% | +6.9% | +7.1% | +8.0% | +12.1% |
| Profit before tax | 2.85 | (5.72) | (3.28) | 2.32 | 11.03 |
| Net profit | 2.61 | (4.28) | (3.19) | 1.71 | 8.20 |
| Net profit margin | +0.8% | -1.4% | -1.0% | +0.5% | +3.0% |
| EPS (₹) | 1.36 | (3.49) | (2.55) | 1.32 | 6.47 |
| Balance sheet | |||||
| Total assets | 227 | 207 | 195 | 214 | 227 |
| Net worth | 103 | 101 | 106 | 111 | 112 |
| Total debt | 123 | 104 | 87.45 | 101 | 113 |
| Cash & bank | 1.63 | 2.14 | 6.34 | 5.97 | 3.48 |
| Net working capital | 65.39 | 41.59 | 42.04 | 54.51 | 64.32 |
| Cash flow | |||||
| Cash from operations | 8.36 | 19.39 | 34.91 | 42.14 | 22.77 |
| Cash from investing | (15.45) | (25.29) | (7.36) | (12.72) | (26.53) |
| Cash from financing | 6.59 | 1.69 | (26.84) | (27.30) | 0.58 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96.03 | 86.54 | 84.99 | 83.74 | 81.52 | 84.21 | 57.80 | 79.28 |
| Revenue growth (YoY) | +17.8% | +2.8% | +47.0% | +5.6% | -0.7% | -5.2% | -21.8% | +2.0% |
| Other income | 1.14 | 3.27 | 1.54 | 1.17 | 0.43 | 1.97 | 0.19 | 0.31 |
| EBITDA | 9.10 | 6.04 | 6.85 | 7.54 | 7.18 | 6.34 | 2.08 | 5.63 |
| EBITDA margin | +9.5% | +7.0% | +8.1% | +9.0% | +8.8% | +7.5% | +3.6% | +7.1% |
| Depreciation | 4.61 | 4.46 | 4.41 | 4.44 | 4.23 | 4.54 | 4.61 | 4.38 |
| Interest | 3.60 | 3.63 | 3.69 | 3.29 | 3.04 | 3.24 | 2.99 | 2.75 |
| Profit before tax | 2.03 | 1.22 | 0.29 | 0.98 | 0.34 | 0.53 | (5.33) | (1.19) |
| Tax | 0.49 | 0.09 | 0.18 | 0.68 | 0.17 | 0.19 | (1.40) | (0.23) |
| Net profit | 1.54 | 1.13 | 0.11 | 0.30 | 0.17 | 0.34 | (3.93) | (0.96) |
| EPS (₹) | 1.22 | 0.89 | 0.09 | 0.24 | 0.13 | 0.27 | (3.10) | (0.76) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 337 | 303 | 317 | 323 | 273 | 198 | 198 |
| Revenue growth | +9.6% | -4.3% | -1.3% | +24.1% | +37.7% | -1.4% | -4.4% |
| EBITDA | 28.70 | 22.18 | 23.02 | 25.87 | 33.12 | 24.51 | 21.57 |
| EBITDA margin | +8.5% | +7.3% | +7.3% | +8.0% | +12.1% | +12.4% | +10.9% |
| Profit before tax | 3.83 | (4.49) | (2.78) | 2.39 | 11.05 | 6.54 | 1.74 |
| Net profit | 3.71 | (3.05) | (2.69) | 1.78 | 8.22 | 4.95 | 1.14 |
| Net profit margin | +1.1% | -1.0% | -0.9% | +0.6% | +3.0% | +2.5% | +0.6% |
| EPS (₹) | 2.12 | (2.52) | (2.15) | 1.37 | 6.48 | 3.92 | 0.87 |
| Balance sheet | |||||||
| Total assets | 230 | 209 | 196 | 214 | 227 | 206 | 185 |
| Net worth | 106 | 103 | 107 | 111 | 112 | 105 | 101 |
| Total debt | 123 | 104 | 87.45 | 101 | 113 | 98.97 | 81.71 |
| Cash & bank | 0.68 | 1.29 | 6.34 | 5.97 | 3.48 | 6.59 | 11.90 |
| Net working capital | 64.44 | 40.74 | 42.04 | 54.51 | 64.32 | 52.15 | 42.55 |
| Cash flow | |||||||
| Cash from operations | 8.35 | 19.37 | 34.91 | 42.14 | 22.77 | 17.04 | 32.17 |
| Cash from investing | (15.54) | (26.12) | (7.36) | (12.72) | (26.53) | (26.26) | (14.52) |
| Cash from financing | 6.59 | 1.69 | (26.84) | (27.30) | 0.58 | 3.91 | (11.38) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96.03 | 86.54 | 84.99 | 83.74 | 81.52 | 84.21 | 57.80 | 79.28 |
| Revenue growth (YoY) | +17.8% | +2.8% | +47.0% | +5.6% | -0.7% | -5.2% | -21.8% | +2.0% |
| Other income | 1.11 | 3.22 | 1.53 | 1.14 | 0.42 | 1.95 | 0.19 | 0.31 |
| Total expenses | 86.93 | 80.01 | 77.92 | 76.14 | 74.04 | 77.35 | 55.35 | 73.45 |
| EBITDA | 9.10 | 6.53 | 7.07 | 7.60 | 7.48 | 6.86 | 2.45 | 5.83 |
| EBITDA margin | +9.5% | +7.5% | +8.3% | +9.1% | +9.2% | +8.1% | +4.2% | +7.4% |
| Depreciation | 4.61 | 4.46 | 4.41 | 4.44 | 4.23 | 4.54 | 4.61 | 4.38 |
| Interest | 3.60 | 3.63 | 3.69 | 3.29 | 3.04 | 3.24 | 2.99 | 2.75 |
| Profit before tax | 2.00 | 1.66 | 0.50 | 1.01 | 0.63 | 1.03 | (4.96) | (0.99) |
| Tax | 0.49 | 0.09 | 0.18 | 0.68 | 0.17 | 0.19 | (1.40) | (0.23) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96.03 | 86.54 | 84.99 | 83.74 | 81.52 | 84.21 | 57.80 | 79.28 |
| Revenue growth (YoY) | +17.8% | +2.8% | +47.0% | +5.6% | -0.7% | -5.2% | -21.8% | +2.0% |
| Other income | 1.14 | 3.27 | 1.54 | 1.17 | 0.43 | 1.97 | 0.19 | 0.31 |
| EBITDA | 9.10 | 6.04 | 6.85 | 7.54 | 7.18 | 6.34 | 2.08 | 5.63 |
| EBITDA margin | +9.5% | +7.0% | +8.1% | +9.0% | +8.8% | +7.5% | +3.6% | +7.1% |
| Depreciation | 4.61 | 4.46 | 4.41 | 4.44 | 4.23 | 4.54 | 4.61 | 4.38 |
| Interest | 3.60 | 3.63 | 3.69 | 3.29 | 3.04 | 3.24 | 2.99 | 2.75 |
| Profit before tax | 2.03 | 1.22 | 0.29 | 0.98 | 0.34 | 0.53 | (5.33) | (1.19) |
| Tax | 0.49 | 0.09 | 0.18 | 0.68 | 0.17 | 0.19 | (1.40) | (0.23) |
| Net profit | 1.54 | 1.13 | 0.11 | 0.30 | 0.17 | 0.34 | (3.93) | (0.96) |
| EPS (₹) | 1.22 | 0.89 | 0.09 | 0.24 | 0.13 | 0.27 | (3.10) | (0.76) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 337 | 303 | 317 | 323 | 273 |
| Revenue growth | +9.5% | -4.0% | -1.1% | +24.2% | +9997.0% |
| Other income | 6.41 | 2.69 | 2.54 | 3.34 | 2.29 |
| Total expenses | 309 | 282 | 294 | 298 | 240 |
| Employee cost | 39.22 | 33.05 | 33.95 | 30.04 | 28.76 |
| EBITDA | 27.63 | 20.93 | 22.52 | 25.80 | 33.10 |
| EBITDA margin | +8.2% | +6.9% | +7.1% | +8.0% | +12.1% |
| Depreciation | 17.55 | 17.61 | 16.86 | 15.95 | 14.34 |
| Interest | 13.64 | 11.73 | 11.48 | 10.87 | 10.02 |
| Profit before tax | 2.85 | (5.72) | (3.28) | 2.32 | 11.03 |
| Tax | 1.11 | (1.30) | (0.06) | 0.65 | 2.83 |
| Net profit | 2.61 | (4.28) | (3.19) | 1.71 | 8.20 |
| Net profit margin | +0.8% | -1.4% | -1.0% | +0.5% | +3.0% |
| EPS (₹) | 1.36 | (3.49) | (2.55) | 1.32 | 6.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 12.68 | 12.68 | 12.68 | 12.68 | 12.68 |
| Reserves & surplus | 90.42 | 88.66 | 93.33 | 98.22 | 99.16 |
| Shareholders' funds (net worth) | 103 | 101 | 106 | 111 | 112 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 120 | 99.26 | 73.27 | 82.59 | 98.05 |
| Unsecured loans | 3.04 | 5.19 | 14.18 | 18.79 | 15.34 |
| Total debt | 123 | 104 | 87.45 | 101 | 113 |
| Total liabilities | 227 | 207 | 195 | 214 | 227 |
| Assets | |||||
| Gross block | 279 | 259 | 247 | 238 | 223 |
| Net block | 151 | 146 | 146 | 154 | 154 |
| Capital work in progress | 3.48 | 3.40 | 1.64 | 2.10 | 4.54 |
| Investments | 3.13 | 4.19 | 1.45 | 0.93 | 0.50 |
| Inventories | 69.79 | 53.43 | 58.75 | 59.72 | 52.85 |
| Sundry debtors | 75.76 | 67.08 | 77.22 | 75.65 | 67.28 |
| Cash & bank balances | 1.63 | 2.14 | 6.34 | 5.97 | 3.48 |
| Loans & advances | 13.66 | 12.23 | 9.34 | 12.79 | 12.35 |
| Total current assets | 161 | 135 | 152 | 154 | 136 |
| Total current liabilities | 95.45 | 93.29 | 110 | 99.62 | 71.64 |
| Net working capital | 65.39 | 41.59 | 42.04 | 54.51 | 64.32 |
| Total assets | 227 | 207 | 195 | 214 | 227 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 2.03 | 6.23 | 5.52 | 3.40 | 6.58 |
| Net cash from operating activities | 8.36 | 19.39 | 34.91 | 42.14 | 22.77 |
| Net cash from investing activities | (15.45) | (25.29) | (7.36) | (12.72) | (26.53) |
| Net cash from financing activities | 6.59 | 1.69 | (26.84) | (27.30) | 0.58 |
| Net change in cash | (0.51) | (4.20) | 0.71 | 2.12 | (3.18) |
| Closing cash | 1.63 | 2.14 | 6.34 | 5.97 | 3.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +11.0% | -4.2% | -2.0% | +18.6% | +9997.0% |
| EBITDA growth | +32.0% | -7.1% | -12.7% | -22.1% | +9997.0% |
| PBT growth | +9998.0% | -74.4% | - | -79.0% | +9997.0% |
| Net income growth | +9998.0% | -34.2% | - | -79.2% | +9997.0% |
| Revenue CAGR (3Y) | +1.4% | +3.6% | - | - | - |
| EBITDA CAGR (3Y) | +2.3% | -14.2% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +0.5% | -1.5% | -1.0% | +0.5% | +3.0% |
| Return on capital employed | +8.2% | +3.0% | +4.0% | +6.0% | +9.3% |
| Return on net worth | +2.5% | -4.3% | -3.0% | +1.5% | +7.3% |
| Debt / equity | 1.11 | 0.93 | 0.87 | 0.96 | 1.01 |
| Long-term debt / equity | 0.50 | 0.40 | 0.38 | 0.45 | 0.49 |
| Interest cover | 135.32 | 353.31 | 202.83 | 110.36 | 53.41 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.25 | 1.20 | 1.31 | 1.40 | 1.22 |
| Inventory turnover | 5.47 | 5.41 | 5.35 | 5.74 | 5.16 |
| Debtors turnover | 4.72 | 4.20 | 4.14 | 4.52 | 4.05 |
| EPS (₹) | 1.36 | (3.49) | (2.55) | 1.32 | 6.47 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 |
| Book value per share (₹) | 81.33 | 79.95 | 83.63 | 87.49 | 88.23 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96.03 | 86.54 | 84.99 | 83.74 | 81.52 | 84.21 | 57.80 | 79.28 |
| Revenue growth (YoY) | +17.8% | +2.8% | +47.0% | +5.6% | -0.7% | -5.2% | -21.8% | +2.0% |
| Other income | 1.11 | 3.22 | 1.53 | 1.14 | 0.42 | 1.95 | 0.19 | 0.31 |
| Total expenses | 86.93 | 80.01 | 77.92 | 76.14 | 74.04 | 77.35 | 55.35 | 73.45 |
| EBITDA | 9.10 | 6.53 | 7.07 | 7.60 | 7.48 | 6.86 | 2.45 | 5.83 |
| EBITDA margin | +9.5% | +7.5% | +8.3% | +9.1% | +9.2% | +8.1% | +4.2% | +7.4% |
| Depreciation | 4.61 | 4.46 | 4.41 | 4.44 | 4.23 | 4.54 | 4.61 | 4.38 |
| Interest | 3.60 | 3.63 | 3.69 | 3.29 | 3.04 | 3.24 | 2.99 | 2.75 |
| Profit before tax | 2.00 | 1.66 | 0.50 | 1.01 | 0.63 | 1.03 | (4.96) | (0.99) |
| Tax | 0.49 | 0.09 | 0.18 | 0.68 | 0.17 | 0.19 | (1.40) | (0.23) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 337 | 303 | 317 | 323 | 273 | 198 | 198 |
| Revenue growth | +9.6% | -4.3% | -1.3% | +24.1% | +37.7% | -1.4% | -4.4% |
| Other income | 6.32 | 2.67 | 2.54 | 3.34 | 2.29 | 1.00 | 0.66 |
| Total expenses | 308 | 281 | 294 | 297 | 240 | 174 | 176 |
| Employee cost | 39.22 | 33.05 | 33.95 | 30.04 | 28.76 | 24.76 | 28.57 |
| EBITDA | 28.70 | 22.18 | 23.02 | 25.87 | 33.12 | 24.51 | 21.57 |
| EBITDA margin | +8.5% | +7.3% | +7.3% | +8.0% | +12.1% | +12.4% | +10.9% |
| Depreciation | 17.55 | 17.61 | 16.86 | 15.95 | 14.34 | 11.54 | 11.05 |
| Interest | 13.64 | 11.73 | 11.48 | 10.87 | 10.02 | 7.43 | 9.44 |
| Profit before tax | 3.83 | (4.49) | (2.78) | 2.39 | 11.05 | 6.54 | 1.74 |
| Tax | 1.11 | (1.30) | (0.06) | 0.65 | 2.83 | 1.58 | 0.63 |
| Net profit | 3.71 | (3.05) | (2.69) | 1.78 | 8.22 | 4.95 | 1.14 |
| Net profit margin | +1.1% | -1.0% | -0.9% | +0.6% | +3.0% | +2.5% | +0.6% |
| EPS (₹) | 2.12 | (2.52) | (2.15) | 1.37 | 6.48 | 3.92 | 0.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.68 | 12.68 | 12.68 | 12.68 | 12.68 | 12.68 | 12.68 |
| Reserves & surplus | 93.20 | 90.48 | 93.92 | 98.31 | 99.18 | 92.72 | 88.37 |
| Shareholders' funds (net worth) | 106 | 103 | 107 | 111 | 112 | 105 | 101 |
| Secured loans | 120 | 99.26 | 73.27 | 82.59 | 98.05 | 82.90 | 52.08 |
| Unsecured loans | 3.04 | 5.19 | 14.18 | 18.79 | 15.34 | 16.07 | 29.63 |
| Total debt | 123 | 104 | 87.45 | 101 | 113 | 98.97 | 81.71 |
| Total liabilities | 230 | 209 | 196 | 214 | 227 | 206 | 185 |
| Assets | |||||||
| Gross block | 279 | 259 | 247 | 238 | 223 | 199 | 162 |
| Net block | 151 | 146 | 146 | 154 | 154 | 145 | 119 |
| Capital work in progress | 3.48 | 3.40 | 1.64 | 2.10 | 4.54 | 1.92 | 19.39 |
| Investments | 6.87 | 6.86 | 2.03 | 1.02 | 0.52 | 0.01 | 0.01 |
| Inventories | 69.79 | 53.43 | 58.75 | 59.72 | 52.85 | 47.21 | 37.97 |
| Sundry debtors | 75.76 | 67.08 | 77.22 | 75.65 | 67.28 | 56.50 | 38.05 |
| Cash & bank balances | 0.68 | 1.29 | 6.34 | 5.97 | 3.48 | 6.59 | 11.90 |
| Loans & advances | 13.66 | 12.23 | 9.34 | 12.79 | 12.35 | 7.36 | 6.30 |
| Total current assets | 160 | 134 | 152 | 154 | 136 | 118 | 94.22 |
| Total current liabilities | 95.45 | 93.29 | 110 | 99.62 | 71.64 | 65.51 | 51.67 |
| Net working capital | 64.44 | 40.74 | 42.04 | 54.51 | 64.32 | 52.15 | 42.55 |
| Total assets | 230 | 209 | 196 | 214 | 227 | 206 | 185 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.18 | 6.23 | 5.52 | 3.40 | 6.58 | 11.89 | 5.62 |
| Net cash from operating activities | 8.35 | 19.37 | 34.91 | 42.14 | 22.77 | 17.04 | 32.17 |
| Net cash from investing activities | (15.54) | (26.12) | (7.36) | (12.72) | (26.53) | (26.26) | (14.52) |
| Net cash from financing activities | 6.59 | 1.69 | (26.84) | (27.30) | 0.58 | 3.91 | (11.38) |
| Net change in cash | (0.60) | (5.05) | 0.71 | 2.12 | (3.18) | (5.31) | 6.27 |
| Closing cash | 0.68 | 1.29 | 6.34 | 5.97 | 3.48 | 6.59 | 11.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.0% | -4.2% | -2.0% | +18.6% | +37.4% | +0.3% | -6.7% |
| EBITDA growth | +29.4% | -3.7% | -11.0% | -21.9% | +35.1% | +13.6% | -22.0% |
| PBT growth | +9998.0% | -61.5% | - | -78.4% | +69.0% | +275.9% | -84.2% |
| Net income growth | +9998.0% | -13.4% | - | -78.4% | +66.1% | +334.2% | -85.7% |
| Revenue CAGR (3Y) | +1.4% | +3.6% | +16.9% | +17.8% | +8.7% | -0.7% | +4.2% |
| EBITDA CAGR (3Y) | +3.5% | -12.5% | -2.1% | +6.3% | +6.2% | +0.3% | +14.0% |
| Profitability & leverage | |||||||
| Net income margin | +0.8% | -1.1% | -0.9% | +0.5% | +3.0% | +2.5% | +0.6% |
| Return on capital employed | +8.6% | +3.6% | +4.3% | +6.0% | +9.8% | +7.2% | +6.1% |
| Return on net worth | +3.5% | -3.1% | -2.5% | +1.6% | +7.6% | +4.8% | +1.1% |
| Debt / equity | 1.09 | 0.91 | 0.87 | 0.96 | 0.98 | 0.88 | 0.81 |
| Long-term debt / equity | 0.49 | 0.40 | 0.38 | 0.45 | 0.46 | 0.35 | 0.31 |
| Interest cover | 122.33 | 256.67 | 186.36 | 109.58 | 53.35 | 57.29 | 89.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.25 | 1.20 | 1.31 | 1.40 | 1.29 | 1.10 | 1.27 |
| Inventory turnover | 5.47 | 5.41 | 5.35 | 5.74 | 5.45 | 4.66 | 5.05 |
| Debtors turnover | 4.72 | 4.20 | 4.14 | 4.52 | 4.41 | 4.20 | 4.53 |
| EPS (₹) | 2.12 | (2.52) | (2.15) | 1.37 | 6.48 | 3.92 | 0.87 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 | 1.50 | 0.00 |
| Book value per share (₹) | 83.53 | 81.38 | 84.09 | 87.56 | 88.24 | 83.14 | 79.72 |
Shareholding Pattern of Ip Rings Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 56.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 43.40% of Ip Rings Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 56.60% | 56.60% | 56.60% | 56.60% |
| Public | 43.40% | 43.40% | 43.40% | 43.40% |
Group Structure of Ip Rings Limited
Ip Rings Limited has 1 joint venture and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Ip Rings Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Ip Rings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2026 | Others | ₹6.04 Cr | Open |
| 11 Jul 2025 | Others | ₹30 Cr | Open |
| 26 Nov 2024 | State Bank of India | ₹45 Cr | Open |
| 10 Jul 2024 | Others | ₹25 Cr | Open |
| 16 Apr 2024 | Hdfc Bank Limited | ₹17.42 Lakh | Open |
Total charge records: 44 View all charges
Employees and EPFO Compliance at Ip Rings Limited
Ip Rings Limited has a workforce of 346 employees as of Apr 09, 2024.
Employee and EPFO history for Ip Rings Limited
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GST Compliance of Ip Rings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ip Rings Limited
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MSME Payment Delays by Ip Rings Limited
MSME payment history for Ip Rings Limited
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Subsidiaries & Group Companies of Ip Rings Limited
Corporate group structure for Ip Rings Limited
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MCA Filings & Documents of Ip Rings Limited
MCA filings and documents for Ip Rings Limited
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Recent Activity on Ip Rings Limited
Frequently Asked Questions about Ip Rings Limited
Ip Rings Limited is an active public limited company in the automotive sector based in Maraimalai Nagar, Tamil Nadu, India. It was incorporated on 30 January 1991 (35+ years old) and is registered under CIN L28920TN1991PLC020232. Listed on BSE: 523638. The company has 346 employees.
Ip Rings Limited reported revenue of ₹336.79 Cr for FY 2025-26 (up 11.01% YoY) based on consolidated financials.
The current directors of Ip Rings Limited are:
- Muthalagu Govindarajan - Director
- Venkataramani Anantharamakrishnan - Managing Director
- Vikram Vijayaraghavan - Director
- Navin Paul - Director
- Anandi Iyer - Director
- Nagarajan Balavijayan - Additional Director
The primary industry of Ip Rings Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Yes. Ip Rings Limited is listed on BSE with code 523638.
Ip Rings Limited can be reached at the registered office: D 1112 Industrial Estate Maraimalai Nagar, Tamil Nadu, India – 603209, or through the website iprings.com.