Mipco Seamless Rings (Gujarat) quarterly results and financials

Mipco Seamless Rings (Gujarat) (BSE 505797)₹35.34+4.99%(9 Nov 2026 close)Industrial Products

Key facts

In the Jun 2026 quarter (standalone), Mipco Seamless Rings (Gujarat) reported sales of ₹1.30 Cr and net profit of ₹0.07 Cr. For the year to Mar 2026, sales were ₹4.30 Cr and net profit ₹0.10 Cr.

Sales (Jun 2026): ₹1.30 Cr
Net profit (Jun 2026): ₹0.07 Cr
Sales (FY Mar 2026): ₹4.30 Cr
Net profit (FY Mar 2026): ₹0.10 Cr
EPS (Jun 2026): ₹0.18
Borrowings (Mar 2026): ₹3.60 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Mipco Seamless Rings (Gujarat) quarterly results

₹ crore unless stated; each column is a quarter.

Mipco Seamless Rings (Gujarat) Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.56	0.59	3.16	1.30
Expenses	0.11	0.04	0.04	0.08	0.05	0.03	0.05	0.09	0.52	0.58	3.06	1.26
Operating Profit	−0.09	−0.02	−0.02	−0.06	−0.03	−0.01	−0.03	−0.07	0.03	0.02	0.11	0.05
OPM %	—	—	—	—	—	—	—	—	7.3%	5.0%	3.8%	4.6%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.07	0.00	0.00	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	−0.09	−0.02	−0.02	−0.06	−0.03	−0.01	0.01	−0.07	0.03	0.02	0.11	0.05
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Profit	−0.11	−0.04	−0.04	−0.08	−0.05	−0.03	0.03	−0.09	0.05	0.04	0.13	0.07
EPS (Rs)	−0.29	−0.09	−0.09	−0.21	−0.12	−0.07	0.07	−0.23	0.12	0.09	0.34	0.18

Mipco Seamless Rings (Gujarat) profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Mipco Seamless Rings (Gujarat) Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.30	5.61
Expenses	0.21	0.11	0.12	0.11	0.11	0.08	0.11	0.04	0.32	0.17	4.22	5.42
Operating Profit	−0.19	−0.09	−0.10	−0.09	−0.09	−0.06	−0.09	−0.02	−0.30	−0.15	0.09	0.21
OPM %	—	—	—	—	—	—	—	—	—	—	2.3%	3.7%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	−0.19	−0.09	−0.10	−0.09	−0.09	−0.06	−0.09	−0.02	−0.30	−0.09	0.09	0.21
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	20.0%	—
Net Profit	−0.21	−0.11	−0.12	−0.11	−0.11	−0.08	−0.11	−0.04	−0.32	−0.11	0.10	0.29
EPS (Rs)	−0.57	−0.29	−0.32	−0.29	−0.29	−0.21	−0.29	−0.09	−0.87	−0.29	0.26	0.73
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Mipco Seamless Rings (Gujarat) balance sheet

₹ crore, at each year end.

Mipco Seamless Rings (Gujarat) Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58	3.58
Reserves	−5.65	−5.85	−5.95	−6.06	−6.16	−6.26	−6.33	−6.43	−6.46	−6.76	−6.87	−6.78
Borrowings	2.41	2.55	2.61	2.67	2.70	2.71	2.79	2.84	2.84	2.71	3.43	3.60
Other Liabilities	0.03	0.08	0.12	0.17	0.24	0.33	0.32	0.37	0.40	0.63	0.03	0.50
Total Liabilities	0.37	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.16	0.17	0.90
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
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	0.37	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.16	0.17	0.90
Inventories	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Trade receivables	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.00	0.00	0.00
Cash & equivalents	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.02	0.18
Total Assets	0.37	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.16	0.17	0.90

Mipco Seamless Rings (Gujarat) cash flow

₹ crore, for each year.

Mipco Seamless Rings (Gujarat) Cash flow
	Mar 2015	Mar 2016	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	0.09	−0.02	0.17	−0.73	0.00
Cash from investing activity	−0.10	0.00	0.00	0.00	0.00
Cash from financing activity	0.00	0.00	−0.13	0.72	0.16
Net cash flow	0.02	−0.02	0.03	0.02	0.17
Free cash flow	0.11	−0.02	0.17	−0.73	−0.02
CFO / OP %	−83.0%	5.0%	−52.0%	450.0%	10.0%

Mipco Seamless Rings (Gujarat) ratios

Working-capital days and returns, by year.

Mipco Seamless Rings (Gujarat) Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2026
Debtor days	—	—	—	—	—	—	—	—	0
Inventory days	—	—	—	—	—	—	—	—	3
Days payable	—	—	—	—	—	—	—	—	2
Cash conversion cycle	—	—	—	—	—	—	—	—	−2
Working capital days	—	—	—	—	—	—	—	—	−1
ROCE %	−10.1%	−64.5%	−38.4%	−51.1%	−64.5%	−133.3%	−200.0%	−666.6%	37.1%

Mipco Seamless Rings (Gujarat): frequently asked questions

What are the latest quarterly results of Mipco Seamless Rings (Gujarat)?

For the Jun 2026 quarter, Mipco Seamless Rings (Gujarat) reported sales of ₹1.30 Cr and net profit of ₹0.07 Cr. The operating margin was 4.6%.

What is the annual revenue of Mipco Seamless Rings (Gujarat)?

Mipco Seamless Rings (Gujarat)'s sales for the year to Mar 2026 were ₹4.30 Cr; over the last twelve months they were ₹5.61 Cr.

What is the net profit of Mipco Seamless Rings (Gujarat)?

Net profit for the year to Mar 2026 was ₹0.10 Cr, and ₹0.29 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.73.

How much debt does Mipco Seamless Rings (Gujarat) have?

Mipco Seamless Rings (Gujarat) reported borrowings of ₹3.60 Cr at Mar 2026, against cash and equivalents of ₹0.18 Cr.

What is the free cash flow of Mipco Seamless Rings (Gujarat)?

Cash from operations was ₹0 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.02 Cr.

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