What does Mipco Seaml Ring do?

Jul 17 2025 07:21 AM IST
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Mipco Seamless Rings (Gujarat) Ltd is a micro-cap industrial manufacturer specializing in rolled rings for bearing races, with no reported net profit as of September 2024 and a market cap of INR 9 Cr. The company has been operational since 1982 and has a negative debt-equity ratio and price-to-book value.
Overview:
Mipco Seamless Rings (Gujarat) Ltd is a micro-cap company in the industrial manufacturing sector that specializes in the production of rolled rings for bearing races.

History:
The company was incorporated in January 1980 and commenced production in April 1982. It has not reported any changes in status since its inception. The latest quarterly results available are for September 2024, showing no net profit.

Financial Snapshot:
Most recent Net Sales: N/A
Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2024)
Market-cap value: INR 9 Cr (Micro Cap)

Key Metrics:
P/E: N/A
Industry P/E: 12
Dividend Yield: 0.00%
Debt-Equity: -0.57
Return on Equity: 4.65%
Price to Book: -6.89

Contact Details:
Address: 34 Corpus Techno Enclave, AVS Compound 4th Block Koraman Bangalore Karnataka : 560095
Phone: 080-25520334
Email: kumar.Tandon@corpus.com
Website: http://www.mipcoseamless.com
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