INDNIPPON · India Nippon Electricals Ltd · Auto & Truck Parts
INDNIPPON · India Nippon Electricals Ltd · Auto & Truck Parts
As of 05 Nov close
52-week range
24.7% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹304 Cr
Revenue YoY
PAT YoY
+16.5%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.7
P/S (TTM)
2.7
Sector P/E
27
Dividend yield
+1.1%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| INDNIPPON (this stock) | 19.7 | 3.7 | +10.0% | +14.0% | 0 | +1.1% |
| Samvardhana Motherson International | 35.1 | 3.7 | +3.2% | +10.2% | 31.28 | +0.4% |
| Cummins India | 66.3 | 16.2 | +18.7% | +27.9% | 0 | +1.3% |
| Bosch | 49.9 | 9.4 | +11.2% | +15.9% | 0.01 | +0.6% |
Promoter
stable
FII
falling 1q
MF
2.31%
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: India Nippon Electricals Limited (INDNIPPON) presented unaudited financial results for Q1-FY27, reporting revenue of INR 3,045 Mn, up 35.5% YoY, with EBITDA of INR 321 Mn (10.54% margin) and net profit of INR 270 Mn (8.87% margin). The company highlighted strong sales growth, particularly in Fly Wheel Magneto, with production reaching ~2 million units. It expanded its product portfolio with new offerings in ISG Controllers, DC-DC Converters, and EV-related products, while entering a technical partnership with Borg Warner for EFI ECU. Operational challenges included supply-side issues with NdFeB magnets, commodity inflation, and supply chain disruptions due to Middle East tensions. The company emphasized its technological focus, customer base, and plans to expand into new geographies and business lines. Financial metrics showed a 35.5% YoY revenue increase, though PAT margin declined to 8.87% from 10.32% YoY. The balance sheet showed total assets of INR 10,673 Mn as of FY26, with equity of INR 8,213 Mn. The company noted a 35% YoY growth in Q1-FY27 sales, outpacing the 2-wheeler industry's 20% growth, and ranked #69 in India’s Top 100 Great Places to Work. The presentation included forward-looking statements about future strategies and growth, with risks and uncertainties noted in the disclaimer.
The document provides factual financial results, operational highlights, and strategic direction without overtly positive or negative language.
Sourced from an exchange-filed presentation, dated 21 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: India Nippon Electricals Limited (INEL) provided an investor presentation detailing its audited financial results for the quarter and year ended March 31, 2026. The presentation highlighted a revenue from operations of INR 10,685 million for FY26, marking a 26.5% increase year-over-year. The EBITDA for the same period was reported at INR 1,222 million, with an EBITDA margin of 11.44%. Net profit for FY26 was INR 1,112 million, reflecting a 35.1% increase from the previous year. The company emphasized its market leadership in electronic ignition systems and its expansion into electric vehicle technologies. Operational highlights included a 28% year-over-year sales growth in Q4, driven by strong rural demand and aftermarket export sales. The presentation also noted challenges such as supply constraints and rising commodity prices. INEL aims to capitalize on core business opportunities and expand its product portfolio and geographical presence.
The presentation emphasized strong financial performance and growth strategies.
Sourced from an exchange-filed presentation, dated 01 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: India Nippon Electricals Limited (INEL) provided an investor presentation detailing its operations, financial performance, and strategic initiatives. The company, established in 1984, specializes in manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. INEL reported a revenue growth from INR 6,563 million in FY23 to INR 8,448 million in FY25, with an EBITDA margin improvement from 8.05% to 11.27% over the same period. The presentation highlighted INEL's commitment to expanding its product portfolio, including entry into the electric vehicle market and development of advanced technologies. The company maintains a strong market position, with a 28% market share in India for its products. Additionally, INEL emphasized its focus on exports and aftermarket sales, aiming to increase aftermarket contributions to 15%. The document also outlined the company's strategic goals, including technological advancements and geographical expansion.
The presentation emphasized growth and strategic initiatives.
Sourced from an exchange-filed presentation, dated 17 Mar 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: India Nippon Electricals Limited (INEL) provided an investor presentation detailing its unaudited financial results for the quarter and nine months ended December 31, 2025. The presentation highlighted a revenue from operations of INR 2,718 million for Q3-FY26, with a net profit of INR 249 million, reflecting a year-on-year growth of 55.6%. For the nine-month period, revenue reached INR 7,690 million, with a net profit of INR 713 million, marking a 28.9% increase. The company reported a strong EBITDA margin of 10.96% for Q3 and 10.91% for the nine months. Management emphasized the company's leadership in the electronic ignition system market and its expansion into electric vehicle technologies. The presentation also noted ongoing capacity expansion and a commitment to enhancing its product portfolio and geographical presence. INEL maintained a consistent dividend payout and was recognized as a Great Place to Work for the sixth consecutive time.
The presentation emphasized strong financial performance and growth initiatives.
Sourced from an exchange-filed presentation, dated 19 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedIndia Nippon Electricals Limited (INDNIPPON) reported no significant material orders from regulators or courts impacting its going concern status in FY2024-25. The company has no pending insolvency proceedings, no fraud reported by auditors, and no changes in share capital. It maintains robust corporate governance with a Risk Management Committee and compliant independent directors. The company has disputed income tax and GST demands but no undisputed statutory dues in arrears for over six months. Key audit matters include fair valuation of unquoted equity investments. The company has not issued any equity shares with differential rights or sweat equity shares during the year.
- No significant regulatory orders or insolvency proceedings noted.
- No changes in share capital or issuance of differential equity shares.
- Disputed income tax and GST demands, but no undisputed statutory dues in arrears beyond six months.
- Robust corporate governance with independent directors and a Risk Management Committee.
- Key audit focus on fair valuation of unquoted equity investments.
Key takeaway: India Nippon Electricals Limited maintains compliance and governance standards with no major legal or financial defaults, though disputed tax matters and valuation estimates are notable risks.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company faced a regulatory action by the Department of Legal Metrology, Government of Andhra Pradesh, for violation of the Legal Metrology Act 2009 regarding non-declaration of manufacturing dates on MRP labels. The company did not prefer an appeal.
Earlier (1-3 years ago)
The company has been fined Rs. 11,89,648/- by the State Tax Officer, Haridwar Jurisdiction for alleged contravention of Section 129 of the CGST Act, 2017 and the Rules appended therewith.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
India Nippon Electricals Limited has contingent liabilities including disputed income tax demands, disputed GST demands, service tax matters, and other claims not acknowledged as debt, with estimated amounts based on management's assessment as of 31st March, 2026.
Earlier (1-3 years ago)
The company has a contingent liability of ₹445 Lakhs plus interest from a land acquisition claim, with a favourable court order received but the execution petition is pending.
The company has a contingent liability related to a disputed income tax demand and a claim for compensation of 445 Lakhs plus interest from a land acquisition in 2010, as per the excerpt.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has received an eligibility letter for a capital subsidy from SIPCOT, which requires entering into agreements and complying with conditions for grants of ₹67.93 Lakhs per year from 2023-24 to 2037-38.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
The company has unpaid statutory dues in disputes: Rs. 1.50 lakh under Service Tax for 2012-2015 and 2015-2016, and Rs. 0.75 lakh under Income Tax Act for 2022-23, 2023-24, and 2024-25.
Earlier (1-3 years ago)
The company has unpaid statutory dues in dispute as of 31 March 2025, with details provided for each statute, forum, period, and amount.
The company has unpaid tax dues of 4, 119, 601, and 433 lakhs under various statutes (Service Tax, GST, Income Tax) as of March 31, 2024, with disputes pending before customs, excise, service tax appellate tribunal, and income tax appeals commissioner.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr Jakob Ruemmler resigned from the board of India Nippon Electricals Limited on 1 August 2021.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.71% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).