Financial Ratios Mipco Seamless Rings (Gujarat) Limited

Stocks

MPCOSEMB

INE860N01012

Market Closed - Bombay S.E. 13:24:20 25/09/2026 +03			5-day change	1st Jan Change
36.91 ^INR	+4.98%		+2.19%	+35.50%

08-14	Mipco Seamless Rings Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
07-09	Mipco Seamless Rings Limited Announces Appointment of Shir Sagar Pandey as Additional Director (Non-Executive & Professional), Effective July 09, 2026	CI

2c69bb47c501ef.bYxrQM5VMD1Jh2rrGn-lzD-H-3TWethTJHpzU_Gdsv0.G_ksGfo5ZxB73yDaQiDcv1rAqgSjMosFVTgAY5-vwLsZ4DQCvTsDVxnkUg

Published financial data: MIPCO SEAMLESS RINGS (GUJARAT) LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	-	-	-	-	43.11M
Total Revenues	-	-	-	-	43.11M
Cost of Goods Sold, Total	-	-	-	-	39.79M
Gross Profit	-	-	-	-	3.32M
Selling General & Admin Expenses, Total	62K	24K	305K	258K	486K
Other Operating Expenses	896K	232K	2.79M	768K	1.79M
Other Operating Expenses, Total	958K	256K	3.1M	1.03M	2.28M
Operating Income	-958K	-256K	-3.1M	-1.03M	1.04M
Interest Expense, Total	-	-	-	-19K	-
Net Interest Expenses	-	-	-	-19K	-
Other Non Operating Income (Expenses)	-	-	-2K	-1K	-5K
EBT, Excl. Unusual Items	-958K	-256K	-3.1M	-1.05M	1.04M
EBT, Incl. Unusual Items	-958K	-256K	-3.1M	-1.05M	1.04M
Income Tax Expense	-	-	-	-	163K
Earnings From Continuing Operations	-958K	-256K	-3.1M	-1.05M	876K
Net Income to Company	-958K	-256K	-3.1M	-1.05M	876K
Net Income - (IS)	-958K	-256K	-3.1M	-1.05M	876K
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-958K	-256K	-3.1M	-1.05M	876K
Net Income to Common Excl. Extra Items	-958K	-256K	-3.1M	-1.05M	876K
Per Share Items
Net EPS - Basic	-0.27	-0.07	-0.86	-0.29	0.24
Basic EPS - Continuing Operations	-0.27	-0.07	-0.86	-0.29	0.24
Basic Weighted Average Shares Outstanding	3.58M	3.58M	3.58M	3.58M	3.58M
Net EPS - Diluted	-0.27	-0.07	-0.86	-0.29	0.24
Diluted EPS - Continuing Operations	-0.27	-0.07	-0.86	-0.29	0.24
Diluted Weighted Average Shares Outstanding	3.58M	3.58M	3.58M	3.58M	3.58M
Normalized Basic EPS	-0.17	-0.04	-0.54	-0.18	0.18
Normalized Diluted EPS	-0.17	-0.04	-0.54	-0.18	0.18
Supplemental Items
EBITA	-958K	-256K	-3.1M	-1.03M	1.04M
EBIT	-958K	-256K	-3.1M	-1.03M	1.04M
Total Revenues (As Reported)	-	-	48K	597K	43.11M
Effective Tax Rate - (Ratio)	-	-	-	-	15.69
Total Current Taxes	-	-	-	-	163K
Normalized Net Income	-599K	-160K	-1.94M	-654K	649K
Supplemental Operating Expense Items
Advertising Expense	38K	-	93K	43K	66K
Selling and Marketing Expenses	38K	-	93K	43K	66K
Net Rental Expense, Total	24K	24K	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	3.65K	3.65K	211K	290K	1.94M
Total Cash And Short Term Investments	3.65K	3.65K	211K	290K	1.94M
Accounts Receivable, Total	1.64M	1.64M	-	-	-
Other Receivables	190K	190K	427K	543K	687K
Total Receivables	1.83M	1.83M	427K	543K	687K
Inventory	-	-	-	-	248K
Other Current Assets, Total	1	-	-	-	3.76M
Total Current Assets	1.83M	1.83M	638K	833K	6.64M
Other Long-Term Assets, Total	1.67M	1.67M	806K	806K	2.22M
Total Assets	3.5M	3.5M	1.44M	1.64M	8.86M
Liabilities
Accounts Payable, Total	-	-	6.03M	56K	258K
Accrued Expenses, Total	246K	246K	111K	40K	99K
Short-term Borrowings	8.42M	8.42M	7.07M	-	-
Current Income Taxes Payable	-	-	-	-	163K
Other Current Liabilities	3.28M	3.53M	32K	47K	4.26M
Total Current Liabilities	11.95M	12.2M	13.24M	143K	4.78M
Long-Term Debt	-	-	-	14.34M	16.05M
Total Liabilities	11.95M	12.2M	13.24M	14.49M	20.83M
Preferred Stock Redeemable	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	55.85M	55.85M	55.85M	55.85M	55.85M
Retained Earnings	-142M	-142M	-146M	-147M	-146M
Comprehensive Income and Other	77.87M	77.87M	77.87M	77.87M	77.87M
Total Common Equity	-8.45M	-8.7M	-11.8M	-12.85M	-11.97M
Total Equity	-8.45M	-8.7M	-11.8M	-12.85M	-11.97M
Total Liabilities And Equity	3.5M	3.5M	1.44M	1.64M	8.86M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.58M	3.58M	3.58M	3.58M	3.58M
ECS Total Common Shares Outstanding	3.58M	3.58M	3.58M	3.58M	3.58M
Book Value / Share	-2.36	-2.43	-3.29	-3.58	-3.34
Tangible Book Value	-8.45M	-8.7M	-11.8M	-12.85M	-11.97M
Tangible Book Value Per Share	-2.36	-2.43	-3.29	-3.58	-3.34
Total Debt	8.42M	8.42M	7.07M	14.34M	16.05M
Net Debt	8.42M	8.42M	6.86M	14.05M	14.11M
Debt Equivalent Oper. Leases	192K	192K	-	-	-
Account Code - Inventory Valuation	3	5	5	5	5
Full Time Employees	2	3	-	-	3

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	-958K	-256K	-3.1M	-1.05M	876K
Other Operating Activities, Total	-	-	1K	-	0
Change In Accounts Receivable	-	-	1.64M	-	-
Change In Accounts Payable	433K	256K	3.83M	-5.97M	202K
Change in Other Net Operating Assets	525K	-	-810K	-172K	-1.14M
Cash from Operations	0	0	1.56M	-7.19M	-57K
Long-Term Debt Issued, Total	-	-	-	7.27M	1.7M
Total Debt Issued	-	-	-	7.27M	1.7M
Long-Term Debt Repaid, Total	-	-	-1.35M	-	-
Total Debt Repaid	-	-	-1.35M	-	-
Cash from Financing	-	-	-1.35M	7.27M	1.7M
Miscellaneous Cash Flow Adjustments	-	-	1K	-	-
Net Change in Cash	-	-	207K	79K	1.65M
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	-	163K
Levered Free Cash Flow	-166K	96.08K	1.85M	-6.8M	1.14M
Unlevered Free Cash Flow	-166K	96.08K	1.85M	-6.79M	1.14M
Change In Net Working Capital	-433K	-256K	-3.79M	6.14M	-485K
Net Debt Issued / Repaid	-	-	-1.35M	7.27M	1.7M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	-17.11	-4.57	-78.3	-41.6	12.43
Return on Total Capital	-310.65	105.36	77.29	39.68	23.42
Return On Equity %	12.03	2.99	30.23	8.49	-7.06
Return on Common Equity	12.03	2.99	30.23	8.49	-7.06
Margin Analysis
Gross Profit Margin %	-	-	-	-	7.7
SG&A Margin	-	-	-	-	1.13
EBITA Margin %	-	-	-	-	2.42
EBIT Margin %	-	-	-	-	2.42
Income From Continuing Operations Margin %	-	-	-	-	2.03
Net Income Margin %	-	-	-	-	2.03
Net Avail. For Common Margin %	-	-	-	-	2.03
Normalized Net Income Margin	-	-	-	-	1.51
Levered Free Cash Flow Margin	-	-	-	-	2.64
Unlevered Free Cash Flow Margin	-	-	-	-	2.64
Asset Turnover
Asset Turnover	-	-	-	-	8.21
Short Term Liquidity
Current Ratio	0.15	0.15	0.05	5.83	1.39
Quick Ratio	0.15	0.15	0.05	5.83	0.55
Operating Cash Flow to Current Liabilities	0	0	0.12	-50.29	-0.01
Long Term Solvency
Total Debt/Equity	-99.72	-96.78	-59.94	-111.64	-134.06
Total Debt / Total Capital	-35.26K	-3.01K	-149.6	958.76	393.62
LT Debt/Equity	-	-	-	-111.64	-134.06
Long-Term Debt / Total Capital	-	-	-	958.76	393.62
Total Liabilities / Total Assets	341.27	348.59	917.24	883.83	235.11
EBIT / Interest Expense	-	-	-	-54	-
Growth Over Prior Year
EBITA, 1 Yr. Growth %	36.63	-73.26	1.11K	-66.87	-201.66
EBIT, 1 Yr. Growth %	36.63	-73.26	1.11K	-66.87	-201.66
Earnings From Cont. Operations, 1 Yr. Growth %	36.63	-73.26	1.11K	-66.25	-183.75
Net Income, 1 Yr. Growth %	36.63	-73.26	1.11K	-66.25	-183.75
Normalized Net Income, 1 Yr. Growth %	36.63	-73.26	1.11K	-66.25	-199.33
Diluted EPS Before Extra, 1 Yr. Growth %	36.63	-73.26	1.11K	-66.25	-182.25
Accounts Receivable, 1 Yr. Growth %	0	0	-	-	-
Total Assets, 1 Yr. Growth %	0	0	-58.74	13.5	440.57
Tangible Book Value, 1 Yr. Growth %	12.8	3.03	35.6	8.86	-6.82
Common Equity, 1 Yr. Growth %	12.8	3.03	35.6	8.86	-6.82
Cash From Operations, 1 Yr. Growth %	-	-	-	-561.85	-99.21
Levered Free Cash Flow, 1 Yr. Growth %	-70.02	-158.05	1.82K	-467.17	-116.76
Unlevered Free Cash Flow, 1 Yr. Growth %	-70.02	-158.05	1.82K	-466.16	-116.76
Compound Annual Growth Rate Over Two Years
EBITA, 2 Yr. CAGR %	-1.38	-39.55	79.79	100.2	-41.94
EBIT, 2 Yr. CAGR %	-1.38	-39.55	79.79	100.2	-41.94
Earnings From Cont. Operations, 2 Yr. CAGR %	-1.38	-39.55	79.85	102.14	-46.83
Net Income, 2 Yr. CAGR %	-1.38	-39.55	79.85	102.14	-46.83
Normalized Net Income, 2 Yr. CAGR %	-1.38	-39.55	79.85	102.14	-42.1
Diluted EPS Before Extra, 2 Yr. CAGR %	-1.38	-39.55	79.85	102.14	-47.31
Accounts Receivable, 2 Yr. CAGR %	0	-0	-	-	-
Total Assets, 2 Yr. CAGR %	0	0	-35.77	-31.57	147.7
Tangible Book Value, 2 Yr. CAGR %	11.56	7.8	18.2	21.5	0.72
Common Equity, 2 Yr. CAGR %	11.56	7.8	18.2	21.5	0.72
Cash From Operations, 2 Yr. CAGR %	-	-	-	-	-80.87
Levered Free Cash Flow, 2 Yr. CAGR %	-19.76	-58.28	234.63	738.46	-21.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	-19.76	-58.28	234.63	737.73	-21.66
Compound Annual Growth Rate Over Three Years
EBITA, 3 Yr. CAGR %	-1.55	-36.17	64.07	2.31	59.77
EBIT, 3 Yr. CAGR %	-1.55	-36.17	64.07	2.31	59.77
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.6	-36.17	64.11	2.97	50.69
Net Income, 3 Yr. CAGR %	-1.6	-36.17	64.11	2.97	50.69
Normalized Net Income, 3 Yr. CAGR %	-1.6	-36.17	64.11	2.97	59.51
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.6	-36.17	64.11	2.97	49.79
Accounts Receivable, 3 Yr. CAGR %	0	0	-	-	-
Total Assets, 3 Yr. CAGR %	0	0	-25.56	-22.35	36.29
Tangible Book Value, 3 Yr. CAGR %	13.34	8.64	16.37	15.01	11.21
Common Equity, 3 Yr. CAGR %	13.34	8.64	16.37	15.01	11.21
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	39.41	-27.97	49.74	245.02	127.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	38.69	-27.97	49.74	244.82	127.43
Compound Annual Growth Rate Over Five Years
EBITA, 5 Yr. CAGR %	-1.68	-25.83	25.27	0.82	8.29
EBIT, 5 Yr. CAGR %	-1.68	-25.83	25.27	0.82	8.29
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.73	-25.83	25.25	1.21	4.55
Net Income, 5 Yr. CAGR %	-1.73	-25.83	25.25	1.21	4.55
Normalized Net Income, 5 Yr. CAGR %	-1.73	-25.83	25.25	1.21	8.18
Diluted EPS Before Extra, 5 Yr. CAGR %	-15.76	-25.83	25.25	1.21	4.18
Accounts Receivable, 5 Yr. CAGR %	0	0	-	-	-
Total Assets, 5 Yr. CAGR %	-0.06	0	-16.23	-14.08	20.41
Tangible Book Value, 5 Yr. CAGR %	18.24	12.66	15.26	13.61	9.84
Common Equity, 5 Yr. CAGR %	18.24	12.66	15.26	13.61	9.84
Cash From Operations, 5 Yr. CAGR %	-	-	438.07	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-6.75	-1.73	97.88	92.52	15.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	-6.6	-1.7	97.27	92.45	15.56