504786
Inv.& Prec.Cast. financials
- Market cap
- ₹1.4k Cr
- Sector
- Capital Goods
What Inv.& Prec.Cast. does
Investment & Precision Castings Limited manufactures precision metal castings using traditional air-melt lost-wax investment casting and vacuum induction melting (for super-alloy castings), alongside bar-stock machined (turned and milled) components and 3D-printed rapid-prototyping patterns. It runs a Commercial Division serving automotive, pumps & valves, agriculture, turbocharging and general engineering customers, and a Specialized Division serving aerospace, defense and medical customers, casting materials ranging from steel and ductile iron to aluminum, copper, cobalt- and nickel-base alloys.
Segments
- Commercial Division
- Specialized Division
- Manufacturing plants
- 3 (Plant 1, Plant 2, Plant 3)
- Installed annual casting capacity
- 3,060 tonnes/year
- Current capacity utilization
- 1,500 tonnes/year (against 3,060 tonnes installed)
- CNC machining base
- 45 installed machines, up to 5-axis
- Engineering staff
- 57 engineers
- Renewable energy share
- 25% of energy from renewable sources (2x1.25MW wind turbines + 4MW solar farm)
Quarterly results
Q1 FY27: revenue up 21.1%, net profit up 128.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 42 | 40 | 43 | 44 | 45 +7% | 47 +20% | 51 +19% | 53 +21% |
| EBITDA | 6 | 4 | 6 | 6 | 7 +32% | 8 +97% | 9 +52% | 11 +73% |
| Net profit | 2 | 0 | 2 | 2 | 3 +97% | 3 +654% | 4 +98% | 5 +129% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +213.6% 1Y
1Y: ₹448.85 on 10 Sept 2025 → ₹1,407.65. High ₹1,407.65 (11 Sept 2026), low ₹404.3 (6 Oct 2025).
Financials, as filed
Revenue grew 3.2% a year over 3 years, FY23 to FY26. Operating margin widened to 16.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹170 Cr | ₹171 Cr | ₹165 Cr | ₹187 Cr |
| Operating profit | ₹21 Cr | ₹25 Cr | ₹23 Cr | ₹31 Cr |
| Operating margin | 12.6% | 14.8% | 13.6% | 16.5% |
| Interest | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹6 Cr |
| Depreciation | ₹7 Cr | ₹8 Cr | ₹8 Cr | ₹9 Cr |
| Net profit | ₹6 Cr | ₹8 Cr | ₹6 Cr | ₹12 Cr |
| Net margin | 3.3% | 4.6% | 3.7% | 6.3% |
| Cash from operations | ₹12 Cr | ₹6 Cr | ₹19 Cr | ₹26 Cr |
| Free cash flow | ₹5 Cr | ₹-2 Cr | ₹15 Cr | ₹2 Cr |
| ROCE | 10.0% | 12.0% | 10.0% | 14.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹68 Cr | ₹68 Cr | ₹74 Cr | ₹81 Cr | ₹86 Cr | ₹93 Cr |
| Borrowings | ₹67 Cr | ₹65 Cr | ₹65 Cr | ₹74 Cr | ₹76 Cr | ₹72 Cr |
| Other liabilities | ₹38 Cr | ₹45 Cr | ₹58 Cr | ₹42 Cr | ₹54 Cr | ₹42 Cr |
| Total liabilities | ₹179 Cr | ₹182 Cr | ₹201 Cr | ₹202 Cr | ₹225 Cr | ₹217 Cr |
| Fixed assets | ₹90 Cr | ₹90 Cr | ₹89 Cr | ₹89 Cr | ₹84 Cr | ₹101 Cr |
| Capital work in progress | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹86 Cr | ₹92 Cr | ₹111 Cr | ₹113 Cr | ₹140 Cr | ₹114 Cr |
| Total assets | ₹179 Cr | ₹182 Cr | ₹201 Cr | ₹202 Cr | ₹225 Cr | ₹217 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 4,819.
- Promoters
- 52.0%
- Public
- 48.0%
Since Jun 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- Government 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 51.9%, Government 0.4%, Public 47.7%.Dec '23: Promoters 51.9%, Government 0.4%, Public 47.7%.Mar '24: Promoters 51.9%, Government 0.4%, Public 47.7%.Jun '24: Promoters 52.0%, FIIs 0.1%, Government 0.4%, Public 47.5%.Sep '24: Promoters 52.0%, FIIs 0.2%, Government 0.4%, Public 47.4%.Dec '24: Promoters 52.0%, FIIs 0.2%, Government 0.4%, Public 47.4%.Mar '25: Promoters 52.0%, FIIs 0.2%, Government 0.4%, Public 47.4%.Jun '25: Promoters 52.0%, Public 48.0%.Sep '25: Promoters 52.0%, Public 48.0%.Dec '25: Promoters 52.0%, Public 48.0%.Mar '26: Promoters 52.0%, Public 48.0%.Jun '26: Promoters 52.0%, Public 48.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Inv.& Prec.Cast. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Meche Private Ltd | 16.19% | unchanged |
| Piyush Tamboli | 13.12% | unchanged |
| Rekha N Shah | 10.00% | unchanged |
| Tamboli Piyush Indulal Huf . | 9.66% | unchanged |
| Tamboli Vishakha Piyush | 6.70% | unchanged |
| Jainam P Tamboli | 5.92% | unchanged |
| Zafar Ahmadullah | 1.92% | unchanged |
| Karan Naresh Shah | 1.03% | unchanged |
| Kavya Piyush Tamboli | 0.26% | unchanged |
| Kasturi Hemang Kamdar | 0.12% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹1408, this stock must grow earnings at 44% every year for 7 years. Our analysis caps realistic growth at ~28%. At that growth it is worth ₹664 — downside of 53%.
- Growth the price implies
- 44.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 28.5% a year
- net profit, FY23–FY26 · EPS 28.5%
- The gap
- 0.2 pp
- -53% downside if it only repeats history
Learn to analyse Inv.& Prec.Cast.
Guides on how to read this kind of business and the numbers that matter.