India Nippon Electricals
- P/E
- 24.36
Key Fundamentals
MicrocapAuto ComponentsConsumer DiscretionaryPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 17.00%
- Debt to Equity
- 0.00
- EPS (TTM)
- ₹49.15
- Book Value
- ₹363.08
- Market Cap
- —
- P/E (TTM)
- 24.36
- P/B
- 3.30
- ROE
- 11.90%
- Dividend Yield
- 1.32%
- EBITDA
- ₹149 Cr
- 52W High
- ₹1,564.00
- 52W Low
- ₹675.00
- Volume
- 0
Peer Comparison
Consumer Discretionary › Automobiles › Auto Components › Auto Components & Equipments
| ₹159.49 | 38.43 | ₹1,68,660 Cr | 3.98 | 0.37% | 11.20% | 13.40% | ₹1,31,135 Cr | ₹4,556 Cr | |
| ₹50,925.00 | 63.56 | ₹1,48,351 Cr | 10.11 | 0.54% | 14.60% | 21.50% | ₹21,088 Cr | ₹2,363 Cr | |
| ₹1,812.80 | 122.74 | ₹86,739 Cr | 7.65 | 0.48% | 12.00% | 12.60% | ₹17,543 Cr | ₹715 Cr | |
| ₹1,196.90 | 57.49 | ₹67,494 Cr | 10.13 | 0.24% | 19.30% | 19.60% | ₹20,725 Cr | ₹1,291 Cr | |
| ₹893.70 | 74.48 | ₹56,293 Cr | 8.70 | 0.38% | 11.70% | 15.10% | ₹4,514 Cr | ₹746 Cr | |
| ₹3,507.20 | 42.47 | ₹55,555 Cr | 8.92 | 0.99% | 20.80% | 27.90% | ₹10,192 Cr | ₹1,292 Cr | |
| ₹2,250.50 | 71.81 | ₹42,644 Cr | 5.62 | 0.16% | 9.95% | 17.10% | ₹23,754 Cr | ₹1,109 Cr | |
| India Nippon Electricals (this company) | ₹1,197.10 | 24.36 | ₹2,711 Cr | 3.30 | 1.32% | 11.90% | 17.00% | ₹1,114 Cr | ₹111 Cr |
| Median 8 companies | ₹1,504.95 | 60.53 | ₹61,893 Cr | 8.18 | 0.43% | 11.95% | 17.05% | ₹19,134 Cr | ₹1,200 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 55
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 58
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 75
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 87
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 89
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 78
- Strong
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company is almost debt free.
- Company has delivered good profit growth of 18.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 35.0%
Weaknesses
2- Company has a low return on equity of 11.5% over last 3 years.
- Earnings include an other income of Rs.45.8 Cr.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 1 | 6 | 12 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Bullish
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 53.23
- Neutral
- MACD (12,26,9)
- −11.42
- Bullish
- SMA (50)
- 1,184.88
- Bullish
- SMA (200)
- 962.53
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 10Y | +12.26% |
|---|---|
| 5Y | +17.30% |
| 3Y | +17.64% |
| 1Y | +26.39% |
Net profit
| 10Y | +14.36% |
|---|---|
| 5Y | +22.65% |
| 3Y | +32.24% |
| 1Y | +35.37% |
Operating cash flow
| 10Y | +1.94% |
|---|---|
| 5Y | +1.03% |
| 3Y | −11.14% |
| 1Y | −20.00% |
Operating margin· change in pp
| 10Y | +0.72 pp |
|---|---|
| 5Y | +1.78 pp |
| 3Y | +3.06 pp |
| 1Y | +0.02 pp |
Trailing twelve months: The last four quarters end with the latest fiscal year, which the 1Y column covers.
Revenue by year
| Mar 2017 | ₹351 Cr |
|---|---|
| Mar 2018 | ₹452 Cr |
| Mar 2019 | ₹525 Cr |
| Mar 2020 | ₹479 Cr |
| Mar 2021 | ₹481 Cr |
| Mar 2022 | ₹566 Cr |
| Mar 2023 | ₹656 Cr |
| Mar 2024 | ₹724 Cr |
| Mar 2025 | ₹845 Cr |
| Mar 2026 | ₹1,068 Cr |
Net profit by year
| Mar 2017 | ₹30.00 Cr |
|---|---|
| Mar 2018 | ₹50.00 Cr |
| Mar 2019 | ₹59.00 Cr |
| Mar 2020 | ₹54.00 Cr |
| Mar 2021 | ₹40.00 Cr |
| Mar 2022 | ₹50.00 Cr |
| Mar 2023 | ₹48.00 Cr |
| Mar 2024 | ₹59.00 Cr |
| Mar 2025 | ₹82.00 Cr |
| Mar 2026 | ₹111 Cr |
Quarterly Results
₹ CrResults for the period ended Jun 2026 were due by 14 Aug 2026 and are not in this table yet.
| Particulars | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 158 | 160 | 190 | 179 | 196 | 187 | 210 | 215 | 234 | 225 | 273 | 272 | 299 |
| Expenses | 143 | 150 | 170 | 164 | 174 | 170 | 186 | 189 | 206 | 202 | 243 | 242 | 263 |
| Operating Profit | 15 | 10 | 20 | 15 | 22 | 17 | 24 | 26 | 28 | 23 | 30 | 29 | 37 |
| OPM % | 9% | 6% | 10% | 8% | 11% | 9% | 11% | 12% | 12% | 10% | 11% | 11% | 12% |
| Other Income | 5 | 6 | 5 | 6 | 8 | 11 | 9 | 2 | 9 | 12 | 7 | 9 | 18 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 6 | 6 | 4 | 4 | 4 | 5 |
| PBT | 16 | 12 | 21 | 17 | 26 | 23 | 28 | 21 | 30 | 30 | 32 | 33 | 50 |
| Tax % | 11% | 21% | 16% | 30% | 21% | 22% | 26% | 25% | 10% | 24% | 28% | 25% | 20% |
| Net Profit | 14 | 9 | 18 | 12 | 20 | 18 | 21 | 16 | 27 | 23 | 23 | 25 | 40 |
| EPS (₹) | 6.28 | 4.09 | 7.75 | 5.34 | 9.03 | 8.02 | 9.35 | 7.06 | 11.94 | 10.26 | 10.26 | 11.02 | 17.61 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 324 | 336 | 351 | 452 | 525 | 479 | 481 | 566 | 656 | 724 | 845 | 1,068 |
| Expenses | 290 | 301 | 316 | 388 | 449 | 424 | 436 | 517 | 603 | 658 | 751 | 950 |
| Operating Profit | 33 | 35 | 35 | 64 | 76 | 55 | 45 | 50 | 53 | 66 | 94 | 119 |
| OPM % | 10% | 10% | 10% | 14% | 14% | 11% | 9% | 9% | 8% | 9% | 11% | 11% |
| Other Income | 7 | 9 | 14 | 13 | 15 | 26 | 16 | 25 | 23 | 25 | 30 | 46 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 8 | 4 | 4 | 6 | 8 | 9 | 10 | 13 | 15 | 15 | 21 | 18 |
| PBT | 32 | 40 | 44 | 71 | 83 | 71 | 51 | 62 | 60 | 76 | 103 | 146 |
| Tax % | 29% | 27% | 33% | 29% | 29% | 24% | 22% | 18% | 20% | 22% | 20% | 24% |
| Net Profit | 23 | 29 | 30 | 50 | 59 | 54 | 40 | 50 | 48 | 59 | 82 | 111 |
| EPS (₹) | 10.21 | 12.8 | 13.08 | 22.01 | 25.88 | 24.02 | 17.52 | 22.21 | 21.32 | 26.21 | 36.37 | 49.14 |
| Div. Payout % | 44% | 35% | 38% | 30% | 27% | 28% | 34% | 28% | 43% | 39% | 34% | 32% |
Balance Sheet
₹ Cr| Particulars | 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 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 212 | 245 | 264 | 331 | 389 | 408 | 440 | 494 | 549 | 612 | 700 | 810 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 4 | 4 | 3 | 2 | 2 |
| Other Liabilities | 55 | 70 | 86 | 103 | 109 | 105 | 137 | 132 | 154 | 211 | 226 | 244 |
| Total Liabilities | 278 | 326 | 362 | 445 | 510 | 529 | 593 | 641 | 718 | 837 | 939 | 1,067 |
| Fixed Assets | 47 | 50 | 57 | 64 | 66 | 81 | 91 | 130 | 134 | 143 | 154 | 173 |
| CWIP | 1 | 2 | 3 | 7 | 7 | 13 | 34 | 5 | 13 | 13 | 4 | 7 |
| Investments | 126 | 154 | 189 | 226 | 261 | 262 | 261 | 278 | 355 | 432 | 472 | 532 |
| Other Assets | 104 | 121 | 112 | 148 | 176 | 173 | 207 | 228 | 215 | 249 | 308 | 355 |
| Total Assets | 278 | 326 | 362 | 445 | 510 | 529 | 593 | 641 | 718 | 837 | 939 | 1,067 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 30 | 33 | 42 | 27 | 36 | 52 | 38 | 7 | 57 | 63 | 50 | 40 |
| Investing | −17 | −14 | −36 | −17 | −17 | −7 | −34 | 28 | −46 | −39 | −12 | −18 |
| Financing | −11 | −17 | −7 | −8 | −18 | −38 | −15 | −15 | −22 | −25 | −30 | −36 |
| Net Cash Flow | 1 | 2 | −1 | 1 | 2 | 8 | −10 | 20 | −11 | −1 | 8 | −15 |
| Free Cash Flow | 19 | 27 | 29 | 9 | 21 | 45 | 1 | 4 | 32 | 39 | 26 | 14 |
| CFO/EBITDA | 114 | 118 | 152 | 70 | 80 | 126 | 109 | 33 | 128 | 118 | 77 | 60 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71 | 66 | 69 | 75 | 72 | 67 | 83 | 76 | 66 | 71 | 73 | 71 |
| Inventory Days | 29 | 39 | 35 | 38 | 38 | 45 | 49 | 46 | 45 | 51 | 46 | 45 |
| Days Payable | 48 | 60 | 97 | 94 | 80 | 88 | 103 | 83 | 77 | 95 | 89 | 72 |
| Cash Conversion Cycle | 52 | 45 | 7 | 20 | 30 | 24 | 29 | 39 | 35 | 27 | 30 | 43 |
| Working Capital Days | 40 | 26 | 9 | 23 | 32 | 33 | 35 | 49 | 38 | 29 | 37 | 46 |
| ROCE % | 14% | 15% | 14% | 22% | 22% | 15% | 12% | 10% | 11% | 13% | 15% | 17% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view India Nippon Electricals insights
62 extracted metrics across FY10–FY27.
Documents
- General announcements 6 Oct 2026
- General announcements 10 Sep 2026
- General announcements 31 Aug 2026
Frequently Asked Questions about India Nippon Electricals
What does India Nippon Electricals Ltd do?
Where is India Nippon Electricals Ltd (INDNIPPON) listed?
Which sector does India Nippon Electricals Ltd belong to?
What is the PE ratio of India Nippon Electricals Ltd?
What is the 52-week high and low of India Nippon Electricals Ltd?
Does India Nippon Electricals Ltd pay dividends?
What is the Return on Equity (ROE) of India Nippon Electricals Ltd?
Company Information
India Nippon Electricals is a manufacturer of Ignition Systems for two-wheelers, three-wheelers, and portable engines It was incorporated in 1984 and was converted into a joint venture in 1986 between Lucas Indian Service Ltd, a wholly-owned subsidiary of Lucas-TVS Ltd and MAHLE Electric Drives Japan Corporation(Japan) – a company of MAHLE Group
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