Investment & Precision Castings Ltd

About

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, gas tanks, etc., for the automotive industry. The company also provides gimbal boxes, pedestal units, and structural castings for aircraft and satellite launch vehicles; turbochargers, such as radial and axial nozzle rings; steam turbine blades, impellers, and diffusers for power plants; impellers, diffusers, and valve bodies for pumps and valves; knee joint and prosthetic assembly parts for medical implants; casting products for electrical and instrumentation; pneumatic, and frame and body casting products; and general engineering parts. In addition, it offers artisan castings that include sacral sculptures, statues, candlestands, lamps, etc., and barstock machined components from various materials consisting of steel, aluminum, nickel, copper, and cobalt-based alloys. Further, the company engages in the operation of wind turbine generators. It serves automotive, agricultural machinery, construction equipment, electric power generation equipment, food and dairy equipment, hand tools, machine tools, printing machinery, packaging machinery, pneumatic/hydraulic equipment, paper processing machinery, mining equipment, railways, textile machinery, pumps and valves, electrical switchgear, and oil field equipment industries. Investment & Precision Castings Limited was incorporated in 1975 and is based in Bhavnagar, India.

Key Metrics

as of Sep 2026

Market Cap1,264 Cr

P/E84.60

Div Yield0.08 %

Book Value₹103.00

52w High₹1,369.00

52w Low₹397.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	53.38	50.73	47.36	45.03	44.09	42.51	39.60	41.90	41.05	39.76	40.12	44.86	46.22
Expenses	42.32	41.52	39.40	37.70	37.69	36.46	35.55	36.36	34.20	34.55	34.66	37.86	38.59
Operating Profit	11.06	9.21	7.96	7.33	6.40	6.05	4.05	5.54	6.85	5.21	5.46	7.00	7.63
OPM %	20.72	18.15	16.81	16.28	14.52	14.23	10.23	13.22	16.69	13.10	13.61	15.60	16.51
Other Income	0.15	0.28	-0.24	0.44	0.22	0.17	0.19	0.30	0.08	0.19	0.23	0.13	0.56
Depreciation	2.39	2.32	2.11	2.07	2.02	2.03	2.06	2.04	2.00	2.00	2.00	1.96	1.86
Interest	1.72	1.67	1.48	1.44	1.59	1.63	1.66	1.73	1.71	2.07	1.57	1.69	1.79
Profit before tax	7.10	5.50	4.13	4.26	3.01	2.56	0.52	2.07	3.22	1.33	2.12	3.48	4.54
Tax %	29.86	31.64	32.69	28.87	27.91	26.17	30.77	25.60	29.81	48.12	38.21	27.30	28.41
Net Profit	4.99	3.77	2.79	3.03	2.17	1.90	0.37	1.54	2.26	0.70	1.31	2.53	3.26
EPS in Rs	4.99	3.77	2.79	3.03	2.17	1.90	0.37	1.54	2.26	0.70	1.31	2.53	3.26

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	188.00	165.00	171.00	170.00	132.00	105.00	95.00	119.00	108.00	92.00	85.00	77.00
Expenses	157.00	142.00	146.00	148.00	119.00	92.00	84.00	99.00	87.00	77.00	72.00	66.00
Operating Profit	31.00	23.00	25.00	22.00	13.00	13.00	11.00	20.00	21.00	15.00	13.00	11.00
OPM %	16.00	14.00	15.00	13.00	10.00	12.00	12.00	17.00	19.00	16.00	15.00	14.00
Other Income	1.00	1.00	1.00	0.00	1.00	0.00	1.00	1.00	0.00	0.00	0.00	1.00
Interest	6.00	7.00	7.00	7.00	6.00	6.00	7.00	5.00	4.00	4.00	4.00	4.00
Depreciation	9.00	8.00	8.00	7.00	7.00	7.00	7.00	6.00	5.00	5.00	5.00	4.00
Profit before tax	17.00	8.00	11.00	8.00	0.00	1.00	-1.00	10.00	12.00	6.00	4.00	3.00
Tax %	30.00	28.00	32.00	28.00	26.00	28.00	-33.00	-4.00	34.00	33.00	36.00	31.00
Net Profit	12.00	6.00	8.00	6.00	0.00	0.00	-1.00	10.00	8.00	4.00	3.00	2.00
EPS in Rs	11.76	6.06	7.79	5.56	0.17	0.42	-0.72	9.93	7.94	4.17	2.83	2.14
Dividend Payout %	4.00	4.00	6.00	9.00	74.00	149.00	-7.00	10.00	16.00	15.00	12.00	12.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	10.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Reserves	93.00	86.00	81.00	73.00	68.00	68.00	68.00	70.00	62.00	54.00	46.00	44.00
Borrowings	72.00	64.00	74.00	65.00	65.00	67.00	58.00	57.00	40.00	31.00	32.00	31.00
Other Liabilities	42.00	39.00	42.00	58.00	44.00	38.00	30.00	31.00	23.00	16.00	18.00	13.00
Total Liabilities	217.00	195.00	202.00	201.00	182.00	178.00	162.00	164.00	130.00	106.00	100.00	93.00
Fixed Assets	101.00	85.00	89.00	89.00	90.00	90.00	82.00	79.00	63.00	51.00	44.00	41.00
CWIP	1.00	1.00	0.00	0.00	0.00	3.00	3.00	7.00	6.00	2.00	5.00	6.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	114.00	109.00	113.00	111.00	92.00	86.00	77.00	78.00	62.00	53.00	52.00	46.00
Total Assets	217.00	195.00	202.00	201.00	182.00	178.00	162.00	164.00	130.00	106.00	100.00	93.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	26.00	19.00	6.00	12.00	13.00	16.00	10.00	12.00	15.00	10.00	9.00	9.00
Cash from Investing Activity	-24.00	-4.00	-7.00	-6.00	-4.00	-13.00	-6.00	-22.00	-20.00	-5.00	-6.00	-6.00
Cash from Financing Activity	0.00	-16.00	2.00	-6.00	-9.00	-2.00	-5.00	10.00	5.00	-5.00	-3.00	-3.00
Net Cash Flow	2.00	-1.00	1.00	-1.00	0.00	1.00	0.00	0.00	0.00	0.00	-1.00	0.00
Free Cash Flow	2.00	15.00	-2.00	5.00	8.00	3.00	4.00	-11.00	-5.00	5.00	3.00	3.00
CFO/OP %	95.00	91.00	28.00	65.00	106.00	127.00	96.00	68.00	87.00	80.00	81.00	89.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	76.00	92.00	78.00	77.00	79.00	98.00	68.00	63.00	76.00	70.00	87.00	85.00
Inventory Days	370.00	379.00	364.00	381.00	387.00	874.00	1,276.00	—	993.00	830.00	974.00	575.00
Days Payable	201.00	212.00	169.00	302.00	279.00	634.00	703.00	—	658.00	451.00	643.00	299.00
Cash Conversion Cycle	245.00	259.00	272.00	156.00	187.00	338.00	641.00	63.00	411.00	449.00	418.00	361.00
Working Capital Days	26.00	20.00	4.00	-4.00	-5.00	1.00	-18.00	8.00	29.00	42.00	27.00	28.00
ROCE %	14.00	10.00	12.00	10.00	5.00	5.00	4.00	12.00	16.00	12.00	11.00	9.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	51.97	51.97	51.97	51.97	51.97	51.97	51.97	51.97	51.97	51.91	51.91	51.91
FIIs	0.00	0.00	0.00	0.00	0.00	0.22	0.24	0.24	0.14	0.00	0.00	0.00
Public	48.04	48.03	48.03	48.03	48.04	47.42	47.40	47.40	47.51	47.71	47.73	47.72
No. of Shareholders	4,819	4,558	4,701	4,920	4,903	4,058	4,121	3,984	3,700	3,672	3,548	3,317

Corporate Actions

21 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	06 Aug 2026	06 Aug 2026	—	1.00
Dividend	11 Sep 2025	11 Sep 2025	—	0.50
Bonus	27 Jun 2025	27 Jun 2025	1:1	—
Dividend	22 Aug 2024	—	—	1.00
Dividend	14 Sep 2023	—	—	1.00
Dividend	21 Sep 2022	—	—	0.25
Dividend	27 Jul 2021	—	—	0.75
Dividend	27 Jul 2021	—	—	0.50
Dividend	18 Sep 2020	—	—	0.10
Dividend	18 Sep 2019	—	—	2.00
Dividend	01 Aug 2018	—	—	2.50
Dividend	14 Jul 2016	—	—	0.70
Dividend	30 Jul 2014	—	—	0.50
Dividend	30 Jul 2013	—	—	0.50
Dividend	26 Jul 2012	—	—	1.00
Dividend	04 Aug 2011	—	—	1.25
Dividend	15 Jul 2010	—	—	2.00
Dividend	06 Aug 2009	—	—	1.25
Other	13 Mar 2009	20 Mar 2009	—	—	Scheme of Arrangement
Dividend	19 Jun 2008	—	—	2.00
Dividend	19 Jul 2007	—	—	2.30

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug
14 Aug 2026
Results For Voting Of 51St AGM
14 Aug 2026 14 Aug - AGM held 13 Aug 2026 passed financials, 10% dividend, director reappointment and remuneration increase.
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
14 Aug 2026 14 Aug - 515th AGM voting results: shareholders approved FY26 accounts, 10% dividend, director reappointment, remuneration changes, and cost auditor ratification.
Financial Results For The Quarter Ended As On 30Th June, 2026 (Q-1)
13 Aug 2026 13 Aug - Auditor reviewed Q1 FY2026 standalone and consolidated results; no material misstatement found.
Shareholder Meeting / Postal Ballot-Outcome of AGM 13 Aug
13 Aug 2026