As of 6 Nov 2026, Investment & Precision Castings trades at 90.9× trailing earnings, above the industry P/E of 19.9×, and the shares are 21% below their 52-week high. It earns ROCE of 17% and ROE of 12%, and sales and net profit grew 3.4% and 28% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.70× equity. It is a small-cap company with a market cap of ₹1,325 Cr, ranked 50th of 150 Steel companies by market cap; the shares rose 5.5% over the past year.
- ₹1,378.90
- ₹1,378.90
- ₹1,282.10
- ₹1,378.90
- 4.6K
Health check
- ReturnsBehind
+5.5% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 90.9 vs industry 19.9.
- GrowthSteady
Sales +3.4%, profit +28.4% a year over 3 years.
- ProfitabilityAverage
ROCE 16.7% vs peer median 18.7%.
- Balance sheetFair
Debt 0.70× equity, interest covered 4.5×, Piotroski 6 of 9.
- Red flags1 to check
P/E of 90.9 against an industry P/E of 19.9.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,325 Cr
- Small cap
- P/E
- 90.9
- Industry 19.9
- Price to book
- 12.91
- Peers 2.28
- Dividend yield
- 0.08%
- ROE
- 12.1%
- Peers 23.4%
- ROCE
- 16.7%
- Peers 18.7%
- Debt to equity
- 0.70
- Debt ₹72 Cr
- EPS (TTM)
- ₹14.58
- Face value ₹10
- OPM (TTM)
- 18.3%
- Net margin 7.4%
- Sales growth
- +21.2%
- Latest quarter vs a year ago
- Profit growth
- +129.6%
- Latest quarter vs a year ago
- Price to sales
- 6.70
- EV/EBITDA 39.8
Strengths and risks
Strengths
- Quarterly profit up 129.6% on a year ago.
- Quarterly sales up 21.2% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 90.9 against an industry P/E of 19.9.
About Investment & Precision Castings
Investment & Precision Castings Limited, together with its subsidiary, engages in the production of investment castings in India and internationally. The company operates through two segments, Investment Castings and Power Generation. It offers transmission parts, such as gear shifter levers, forks, fingers, etc.; engine parts, including injector clamping brackets and pre-combustion chambers; clutch parts; and coolant connections, diffusers, gas boxes,…
- Headquarters
- Bhavnagar
- Employees
- 165
- Sector
- Basic Materials
- ISIN
- INE155E01016
- Website
- ipcl.in
Price range
- Avg volume (3M)
- 4.9K
- 1-year return
- plus 5.5%
- From 52-week high
- minus 20.9%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| INVPRECQInvestment & Precision Castings | 1,325.20 | minus 3.89% | 1,325 | 90.9 | 44.8 | 16.7% | 16.2% | 0.70 | 3.4% | plus 5.5% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 44 | 44 | 46.8 | 50.6 | 53.3 | |
| 37.6 | 36.6 | 38.8 | 41.4 | 42.3 | |
| 6.4 | 7.3 | 8 | 9.2 | 11.1 | |
| 14.5% | 16.7% | 17.0% | 18.2% | 20.7% | |
| 0.2 | 0.4 | 0.3 | 0.3 | 0.2 | |
| 1.6 | 1.4 | 1.5 | 1.7 | 1.7 | |
| 2 | 2.1 | 2.1 | 2.3 | 2.4 | |
| – | – | −0.5 | – | – | |
| 3 | 4.3 | 4.1 | 5.5 | 7.1 | |
| 27.9% | 28.8% | 32.5% | 31.5% | 29.8% | |
| 2.2 | 3 | 2.8 | 3.8 | 5 | |
| 2.17 | 3.03 | 2.79 | 3.77 | 4.99 |
Profit & loss
- Sales CAGR 3Y
- +3.4%
- Profit CAGR 3Y
- +28.4%
- EPS CAGR 3Y
- +28.4%
- ROE
- 12.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 167 | 168 | 163 | 185 | |
| – | +0.1% | minus 3.0% | +14.1% | |
| 146 | 142 | 139 | 154 | |
| 21.8 | 25.5 | 23.2 | 31.2 | |
| 13.0% | 15.2% | 14.3% | 16.8% | |
| −1.1 | −0.3 | −0.3 | −0.3 | |
| 5.5 | 6.4 | 5.9 | 4.8 | |
| 7.4 | 7.8 | 8.1 | 8.5 | |
| −0 | 0.5 | −0.5 | −0.6 | |
| 7.8 | 11.5 | 8.4 | 16.9 | |
| 28.3% | 32.1% | 27.7% | 30.4% | |
| 5.6 | 7.8 | 6.1 | 11.8 | |
| – | +40.2% | minus 22.3% | +94.2% | |
| 5.55 | 7.79 | 6.06 | 11.76 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5 | 5 | 5 | 10 | |
| 73.4 | 80.7 | 86.3 | 92.6 | |
| 64.8 | 74.2 | 64.5 | 71.6 | |
| 57.6 | 41.7 | 38.9 | 42.4 | |
| 201 | 202 | 195 | 217 | |
| 96.2 | 95.8 | 91.4 | 109 | |
| 7.6 | 7.3 | 7.2 | 8.2 | |
| – | – | 2.6 | – | |
| 0.5 | 1.4 | 0.2 | 2.2 | |
| 96.5 | 97.1 | 93.3 | 97.5 | |
| 201 | 202 | 195 | 217 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.8 | 5.8 | 19 | 25.8 | |
| −6.4 | −7.2 | −4 | −23.6 | |
| −6 | 2.3 | −16.2 | −0.2 | |
| −0.6 | 0.9 | −1.2 | 2 | |
| −6.7 | −7.5 | −4.4 | −24 | |
| 5.1 | −1.7 | 14.5 | 1.7 | |
| −0.1 | −0.5 | −0.5 | −0.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.