Board Change • Jun 08
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 26
Mipco Seamless Rings (Gujarat) Limited to Report Q4, 2026 Results on May 30, 2026 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Board Change • May 04
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 09
Mipco Seamless Rings (Gujarat) Limited to Report Q3, 2026 Results on Feb 13, 2026 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Board Change • Feb 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 11
Mipco Seamless Rings (Gujarat) Limited to Report Q2, 2026 Results on Nov 14, 2025 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Oct 14
Mipco Seamless Rings (Gujarat) Limited (BSE:505797) entered into a binding Memorandum of Understanding to acquire Satyacare Solutions Private Limited from Bikram Gupta and Suman Gupta. Mipco Seamless Rings (Gujarat) Limited (BSE:505797) entered into a binding Memorandum of Understanding to acquire Satyacare Solutions Private Limited from Bikram Gupta and Suman Gupta on October 13, 2025. A cash consideration will be paid by Mipco Seamless Rings (Gujarat) Limited.
For the period ending March 31, 2025, Satyacare Solutions Private Limited reported total revenue of INR 259 million.
The transaction is subject to approval of offer by target shareholders. Board Change • Sep 12
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive - Independent Director Pulakamdla Reddy is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 05
Mipco Seamless Rings (Gujarat) Limited, Annual General Meeting, Sep 27, 2025 Mipco Seamless Rings (Gujarat) Limited, Annual General Meeting, Sep 27, 2025, at 16:00 Indian Standard Time. Board Change • Aug 11
High number of new directors Additional Professional Whole-Time Director Vikky Jain was the last director to join the board, commencing their role in 2025. Announcement • Aug 09
Mipco Seamless Rings (Gujarat) Limited to Report Q1, 2026 Results on Aug 13, 2025 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Announcement • May 26
Mipco Seamless Rings (Gujarat) Limited to Report Q4, 2025 Results on May 29, 2025 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q4, 2025 results on May 29, 2025 Board Change • May 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Non-Executive Non-Independent Chairman Sanjiv Tandon is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 05
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Non-Executive Non-Independent Chairman Sanjiv Tandon is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹769k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹769k free cash flow). Shares are highly illiquid. Negative equity (-₹13m). Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (₹1.0k revenue, or US$11.0). Market cap is less than US$10m (₹121.6m market cap, or US$1.39m). Announcement • Feb 03
Mipco Seamless Rings (Gujarat) Limited to Report Q3, 2025 Results on Feb 08, 2025 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 08, 2025 Announcement • Oct 31
Mipco Seamless Rings (Gujarat) Limited to Report Q2, 2025 Results on Nov 11, 2024 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Oct 16
Mipco Seamless Rings (Gujarat) Limited Appoints Labdhi Jain as Company Secretary & Compliance Officer Mipco Seamless Rings (Gujarat) Limited at the Board meeting held on 16 October 2024, appointed Ms. Labdhi Jain as Company Secretary & Compliance Officer of the Company on the recommendation of the Nomination and Remuneration Committee with effect from 16 October 2024. The term of her appointment shall commence on 16th October 2024 and continue until her resignation or her attaining the age of retirement, whichever is earlier. Ms. Labdhi Jain is an Associate Member of the Institute of Company Secretaries of India and holds a bachelor's degree in commerce from Osmania University. New Risk • Sep 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Negative equity (-₹13m). Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (₹49k revenue, or US$584). Market cap is less than US$10m (₹105.1m market cap, or US$1.25m). Announcement • Aug 23
Mipco Seamless Rings (Gujarat) Limited, Annual General Meeting, Sep 21, 2024 Mipco Seamless Rings (Gujarat) Limited, Annual General Meeting, Sep 21, 2024, at 14:30 Indian Standard Time. Announcement • Aug 02
Mipco Seamless Rings (Gujarat) Limited to Report Q1, 2025 Results on Aug 12, 2024 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Buy Or Sell Opportunity • May 15
Now 21% undervalued Over the last 90 days, the stock has risen 26% to ₹39.30. The fair value is estimated to be ₹49.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 172% over the last 3 years. Earnings per share has declined by 52%. Announcement • May 09
Mipco Seamless Rings (Gujarat) Limited to Report Q4, 2024 Results on May 14, 2024 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q4, 2024 results on May 14, 2024 Buy Or Sell Opportunity • Apr 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to ₹45.45. The fair value is estimated to be ₹37.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Feb 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.0% to ₹28.00. The fair value is estimated to be ₹36.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. New Risk • Jan 26
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹12m). Earnings have declined by 10% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹142.1m market cap, or US$1.71m). Minor Risk Significant insider selling over the past 3 months (₹5.0m sold). Announcement • Jan 18
Mipco Seamless Rings (Gujarat) Limited to Report Q3, 2024 Results on Jan 25, 2024 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q3, 2024 results on Jan 25, 2024 Announcement • Oct 31
Mipco Seamless Rings (Gujarat) Limited to Report Q2, 2024 Results on Nov 11, 2023 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q2, 2024 results on Nov 11, 2023 Announcement • Aug 26
Mipco Seamless Rings (Gujarat) Limited, Annual General Meeting, Sep 23, 2023 Mipco Seamless Rings (Gujarat) Limited, Annual General Meeting, Sep 23, 2023, at 14:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31 March 2023 and the Reports of the Auditors and Board of Directors thereon; to consider appointment of Statutory Auditor to fill casual vacancy; to consider Board changes; and to consider any other matter thereof. Announcement • Aug 05
Mipco Seamless Rings (Gujarat) Limited to Report Q1, 2024 Results on Aug 14, 2023 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Announcement • Jan 20
Mipco Seamless Rings (Gujarat) Limited to Report Q3, 2023 Results on Feb 14, 2023 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Aug 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non Executive Woman Independent Director Sridevi Nadella was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 30
Mipco Seamless Rings (Gujarat) Limited to Report Q1, 2023 Results on Aug 12, 2022 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Announcement • Jun 08
Mipco Seamless Rings (Gujarat) Limited Announces Resignation of Srishti Agarwal as Company Secretary and Compliance Officer Mipco Seamless Rings (Gujarat) Limited announced that Mrs. Srishti Agarwal, Company Secretary and Compliance Officer of the company has resigned from her office with effect from 31st May 2022. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non Executive Woman Independent Director Sridevi Nadella was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 01
Mipco Seamless Rings (Gujarat) Limited to Report Q3, 2022 Results on Feb 14, 2022 Mipco Seamless Rings (Gujarat) Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Board Change • Nov 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non Executive Woman Independent Director Sridevi Nadella was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non Executive Woman Independent Director Sridevi Nadella was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 