Mipco Seamless Rings (Gujarat) Limited does not have significant operations.
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Mipco Seamless Rings (Gujarat)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 505797 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 505797 performed against the Indian IT industry.
Return vs Market: Insufficient data to determine how 505797 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Mipco Seamless Rings (Gujarat)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Mipco Seamless Rings (Gujarat) undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: 505797 (₹8.13) is trading above our estimate of fair value (₹0)
Significantly Below Fair Value: 505797 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 505797 is unprofitable, so we can't compare its PE Ratio to the IT industry average.
PE vs Market: 505797 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 505797's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 505797 has negative assets, so we can't compare its PB Ratio to the IN IT industry average.
How is Mipco Seamless Rings (Gujarat) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mipco Seamless Rings (Gujarat) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 505797’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Mipco Seamless Rings (Gujarat) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Mipco Seamless Rings (Gujarat) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 505797 is currently unprofitable.
Growing Profit Margin: 505797 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 505797 is unprofitable, but has reduced losses over the past 5 years at a rate of 10.7% per year.
Accelerating Growth: Unable to compare 505797's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 505797 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7.2%).
Return on Equity
High ROE: 505797's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Mipco Seamless Rings (Gujarat)'s financial position?
Financial Position Analysis
Short Term Liabilities: 505797 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 505797 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 505797 is debt free.
Reducing Debt: 505797's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: 505797 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 505797's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 505797 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 505797 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Mipco Seamless Rings (Gujarat)'s current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 505797's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 505797's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 505797's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 505797's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 505797's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sachendra Tummala (47yo)
Mr. Sachendra Tummala has been the Managing Director of Mipco Seamless Rings (Gujarat) Limited since August 10, 2011. Mr. Tummala has been the Chairman of Mipco Seamless Rings (Gujarat) Limited. since Febr ...
|MD & Executive Director||8.5yrs||no data||43.62% ₹12.7m|
|Chief Financial Officer||2.8yrs||no data||no data|
|Compliance Officer & Company Secretary||3.2yrs||no data||no data|
Experienced Management: 505797's management team is considered experienced (3.2 years average tenure).
|MD & Executive Director||8.5yrs||no data||43.62% ₹12.7m|
|Non-Executive Independent Director||9yrs||no data||no data|
|Non-Executive Non-Independent Chairman||0yrs||no data||no data|
|Non Executive Woman Independent Director||5.2yrs||no data||no data|
Experienced Board: 505797's board of directors are considered experienced (9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mipco Seamless Rings (Gujarat) Limited's company bio, employee growth, exchange listings and data sources
- Name: Mipco Seamless Rings (Gujarat) Limited
- Ticker: 505797
- Exchange: BSE
- Founded: 1980
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹29.144m
- Shares outstanding: 3.58m
- Website: https://www.mipco.co.in
Number of Employees
- Mipco Seamless Rings (Gujarat) Limited
- Abburu Heights
- Plot No. 82, Door No.1-80/40/SP/82
- Andhra Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|505797||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 2005|
Mipco Seamless Rings (Gujarat) Limited does not have significant operations. Previously, it was engaged in the provision of information technology and related services in the stream of media and entertainment. The company was incorporated in 1980 and is based in Hyderabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 12:35|
|End of Day Share Price||2020/01/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.