Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Investment & Precision Castings Limited

NSE: INVPRECQCastings & ForgingsTrade-to-trade true

Share price

₹1,546.50

+1.15% close of 9 Oct 2026

Market cap ₹1,547 CrP/E 103.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

60

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,547 Cr

P/E ratio

103.1

P/B ratio

15.0

ROCE

14.4%

ROE

12.4%

Dividend yield

0.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1,612.1052-week low ₹472.90

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 16.9% over the past year, and 12.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 7.9% to 18.0% over the last four years.

Whether it grew faster than its sector

It grew 12.8% a year against a sector median of 10.6% — 2.2 percentage points faster.

Room to re-rate, or risk of de-rating

At 101.9× earnings it costs 4.3× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 39.6×, across 5 companies. It is against its own five-year median of 66.1×, the 99th percentile of its own range.

Whether growth justifies the valuation

Priced at 3.4 times its growth rate, on earnings growth of 30%.

Profit growthPrice per ₹1 profitPer 1% growth
Investment & Precision Castings Limited — this one30%/yr101.9×₹3.4
PTC Industries Limited59%/yr293.6×₹5.0
AIA Engineering Limited7%/yr28.0×₹4.0
Happy Forgings Limited13%/yr56.4×₹4.3
Balu Forge Industries Limited88%/yr22.1×₹0.25
Steelcast Limited7%/yr39.6×₹5.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Castings & Forgings), it ranks 5 of 12 on returns, 3 of 12 on growth, 6 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.4% on capital, ahead of 58% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹76 crore of cash from the business, spent ₹48 crore on plant and equipment, and returned ₹29 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 271 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 5 days before it paid its own suppliers to waiting 26 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 8 checks clear · 88%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹53 Cr

Revenue vs last year

+21.1%

Revenue vs last quarter

+5.2%

Net profit

₹5 Cr

Profit vs last year

+129.9%

Profit vs last quarter

+32.3%

Net margin

9.3%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,547 Cr
Prev close
₹1,546.50
52w High
₹1,675
52w Low
₹450
Enterprise value
₹1,615 Cr
Beta
0.7
Price CAGR 1y
240.0%
Price CAGR 3y
87.0%
Price CAGR 5y
60.0%
Price CAGR 10y
34.0%

Ratios

Return on assets
5.5%
PEG ratio
3.5
P/E ratio
103.1
P/B ratio
15.0
EV / EBITDA
45.4
Industry P/E
39.8
ROCE
14.4%
ROCE 5y average
10.2%
ROE
12.4%
Debt / Equity
0.7
Interest coverage
3.8
Dividend yield
0.1%
ROE 3y average
10.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹188 Cr
Annual profit
₹12 Cr
Operating margin
16.0%
Net profit margin
6.4%
EBITDA margin
16.5%
Sales growth 3y
3.4%
Sales growth 5y
12.4%
Profit growth 3y
30.0%
Profit growth 5y
102.0%
EPS
₹11.8
Sales growth TTM
17.0%
Profit growth TTM
150.0%
Dividend payout
4.0%

Quarter P&L

Sales latest quarter
₹53 Cr
Profit latest quarter
₹5 Cr
YoY quarterly sales growth
21.1%
YoY quarterly profit growth
130.0%
OPM latest quarter
20.7%

Balance Sheet

Book Value
₹103
Face Value
₹10.0
Total debt
₹72 Cr
Total cash
₹4 Cr
Borrowings
₹72 Cr
Reserves / Equity
9.3

Cash Flow

Operating cash flow
₹26 Cr
Free cash flow
₹2 Cr
FCF yield
-0.3%
Net cash flow
₹2 Cr

Shareholding

Promoter holding
52.0%
FII holding
0.0%
DII holding
—
Public holding
48.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
PTC Industries24,685.00294.737,0090.0029.2465.7191.897.48.6
AIA Engineering3,858.0028.436,0030.41301.0-1.31,168.012.421.1
Happy Forgings1,934.3055.818,2600.2191.539.2449.427.018.0
Balu Forge507.5023.06,1610.0366.115.9300.728.922.7
Steelcast373.3041.73,7780.4623.719.3124.817.032.3
Amic Forging2,537.1596.12,9300.0015.923.775.230.425.2
Inv.& Prec.Cast.1,594.50106.81,5950.065.0129.953.421.114.4
Median434.5028.49160.014.14.271.011.515.7

Competes with: AIA Engineering Limited, Balu Forge Industries Limited, Ganga Forging Limited, Happy Forgings Limited, Hilton Metal Forging Limited, Kalyani Forge Limited, Nelcast Limited, PTC Industries Limited, Steelcast Limited, Synergy Green Industries Limited, Tirupati Forge Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales46454040414240434445475153
Expenses39383535343636363838394242
Material Cost17
Change in Inventories-2.60
Purchases of Stock-in-Trade0
Employee Cost3.39
Other Expenses24
Operating Profit7.6375.465.216.855.544.056.056.407.337.969.2111
OPM %17161413171310141516171821
Other Income0.560.130.230.190.080.300.190.170.220.44-0.240.280.15
Exceptional items (within Other Income)0
Interest1.791.691.572.071.711.731.661.631.591.441.481.671.72
Depreciation1.861.962222.042.062.032.022.072.112.322.39
Profit before tax4.543.482.121.333.222.070.522.563.014.264.135.507.10
Tax %28273848302631262829333230
Net Profit3.262.531.310.702.261.540.371.902.173.032.793.774.99
EPS in Rs3.262.531.310.702.261.540.371.902.173.032.793.774.99

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales77859210811995105132170171165188196
Expenses66727787998492119148146142157161
Operating Profit11131521201113132225233136
OPM %14151619171212101315141618
Other Income1000110101111
Interest44445766776.7266
Depreciation4555677777.828.1399
Profit before tax3461210-1108118.381721
Tax %31363334-4-33282628322830
Net Profit234810-10067.796.061215
EPS in Rs2.142.834.177.949.93-0.720.420.175.567.796.061215
Dividend Payout %1212151610-7149749644

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
12%
3 years
3%
TTM
17%

Compounded profit growth

10 years
16%
5 years
102%
3 years
30%
TTM
150%

Stock price CAGR

10 years
34%
5 years
60%
3 years
87%
1 year
240%

Return on equity

10 years
7%
5 years
7%
3 years
10%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5555555555510
Reserves444654627068686873818693
Borrowings313231405758676565746472
Other Liabilities131816233130384458423942
Total Liabilities93100106130164162178182201202195217
Fixed Assets4144516379829090898985101
CWIP652673300011
Investments000000000000
Other Assets4652536278778692111113109114
Total Assets93100106130164162178182201202195217

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity991015121016131261926
Cash from Investing Activity-6-6-5-20-22-6-13-4-6-7-4-24
Cash from Financing Activity-3-3-5510-5-2-9-62-16-0
Net Cash Flow-0-100-001-0-11-12
Free Cash Flow335-5-114385-2152

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days858770766368987977789276
Inventory Days5759748309931,276874387381364379370
Days Payable299643451658703634279302169212201
Cash Conversion Cycle36141844941163641338187156272259245
Working Capital Days282742298-181-5-442026
ROCE %91112161245510121014

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters525252525252525252525252
FIIs0000.140.240.240.2200000
DIIs0.61
Government0.370.370.390.390.390.390.3900000
Public484848484747474848484848
No. of Shareholders3,3173,5483,6723,7003,9844,1214,0584,9034,9204,7014,5584,819

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +203.1% (₹510.15 → ₹1,546.50)Brick size ₹59.70 (fixed)Bricks 18
₹500₹1,000₹1,547Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹1,546.50 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

68.00inr_cr

2026-03-31

News

News and filings about Investment & Precision Castings Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Carbon steel
  • Cobalt-base alloys
  • Colloidal silica slurry
  • Ethyl silicate slurry
  • Ferro alloys
  • Metal scrap
  • Nickel-base superalloys
  • Stainless steel

Depends on the price of

  • aluminium
  • copper
  • fuel
  • steel

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Castings & Forgings
Classification
Capital Goods › Castings & Forgings
ISIN
INE155E01016

Plants

  • IPCL Investment Castings Works (Plants 1-3), Nari Road
  • IPCL Wind Turbine Generators (captive)

News impact

Big market events that reach Investment & Precision Castings Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

6 Aug 2026unspecified₹1

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.