BSE:505797

Stock Analysis Report

Mipco Seamless Rings (Gujarat)

Executive Summary

Mipco Seamless Rings (Gujarat) Limited does not have significant operations.

Rewards

Earnings have grown 10.7% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (₹29M)

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

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.


Market Performance


7 Day Return

0%

505797

1.3%

IN IT

-0.6%

IN Market


1 Year Return

n/a

505797

9.5%

IN IT

11.1%

IN Market

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.


Shareholder returns

505797IndustryMarket
7 Day0%1.3%-0.6%
30 Day-4.9%2.4%-0.5%
90 Dayn/a6.4%3.0%
1 Yearn/a12.4%9.5%13.1%11.1%
3 Year-28.7%-28.7%75.5%65.2%24.5%18.0%
5 Year-44.6%-44.6%57.1%42.6%37.8%25.7%

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

Valuation

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.


Next Steps

Future Growth

How is Mipco Seamless Rings (Gujarat) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.3%

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.


Next Steps

Past Performance

How has Mipco Seamless Rings (Gujarat) performed over the past 5 years?

10.7%

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


Next Steps

Financial Health

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.


Balance Sheet

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.


Next Steps

Dividend

What is Mipco Seamless Rings (Gujarat)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage1.6%forecastin3Yearsn/a

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Sachendra Tummala (47yo)

8.5yrs

Tenure

0

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Sachendra Tummala
MD & Executive Director8.5yrsno data43.62% 12.7m
Sridhar Dasara
Chief Financial Officer2.8yrsno datano data
Srishti Agarwal
Compliance Officer & Company Secretary3.2yrsno datano data

3.2yrs

Average Tenure

Experienced Management: 505797's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sachendra Tummala
MD & Executive Director8.5yrsno data43.62% 12.7m
Ravi Chennupati
Non-Executive Independent Director9yrsno datano data
Sanjiv Tandon
Non-Executive Non-Independent Chairman0yrsno datano data
Sridevi Nadella
Non Executive Woman Independent Director5.2yrsno datano data

9.0yrs

Average Tenure

47yo

Average Age

Experienced Board: 505797's board of directors are considered experienced (9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mipco Seamless Rings (Gujarat) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Mipco Seamless Rings (Gujarat) Limited
  • Abburu Heights
  • Plot No. 82, Door No.1-80/40/SP/82
  • Hyderabad
  • Andhra Pradesh
  • 500081
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505797BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:35
End of Day Share Price2020/01/29 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.