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Igarashi Motors India

Igarashi Motors India

NSE: IGARASHIBSE 517380Consumer Cyclicalwww.igarashimotors.com
View MapTV Chart
379.35
13.60+3.72%
DAY369
₹379.35
390
Open370.60
Prev Close365.75
Bid379.33100
Ask379.38100
Volume109.5K+54%vs 20D avg
Market Cap₹1,191.8 Cr
Promoter Hold.75%
Face Value₹10
Fwd P/E
PEG
EV/EBITDA15.71
P/S1.38
ROA2%
Beta0.41
Div Payout64.77%
Valuation

Igarashi Motors India Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Igarashi Motors India Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Igarashi Motors India Ltd trades at a P/E of 97.84× and P/B of 2.54×.

Key MetricsLive · as of 12 Jun 2026
the price tag

Valuation

Market Cap
₹1,191.8 Cr
P/E Ratio
watch97.84
P/B Ratio
good2.54
EPS
3.87
the engine

Profitability

ROE
watch2.61%
ROCE
%
Net Margin
watch1.4%
Op Margin
watch2.97%
the trajectory

Growth

EPS YoY
watch-47.4%
Revenue YoY
good19.3%
Qtr Sales
%
Qtr Profit
%
the balance sheet

Financial Health

Debt / Equity
watch31.01
Book Value
149.21
Div Yield
avg0.66%
Promoter Hold.
good75%
Financials

Igarashi Motors India Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Igarashi Motors India Ltd, switchable between annual and quarterly views, consolidated or standalone.

Igarashi Motors India Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,191.8 Cr and reported EPS of ₹3.87.

all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Igarashi Motors India segment analysis: revenue and profit mix.

Disclosed business segments at Igarashi Motors India with their share of revenue and profit, switchable between consolidated and standalone reporting.

Igarashi Motors India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Igarashi Motors India Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Igarashi Motors India Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Igarashi Motors India Ltd's investment case rests on 5 positive markers and 7 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Igarashi Motors exhibits strong promoter confidence, with a consistent 75% promoter holding across multiple reporting periods. This indicates a high degree of management commitment and long-term vision for the company's growth and stability, reassuring investors.

  • Igarashi Motors shows a positive trend in net profit over the past few years, increasing from -4.20 in June 2022 to 8.16 in June 2024. This suggests potential for future profitability improvement and growth, despite recent quarterly declines.

  • The company operates within the dynamic Automobile and Auto Components sector, a market with significant growth potential. This industry positioning offers opportunities for expansion and increased market share, potentially leading to higher revenue and profits in the future.

  • The broader Automobile and Auto Components sector is poised for growth, driven by increasing vehicle demand and the global shift towards electric vehicles. This market expansion offers Igarashi Motors avenues for product innovation and market share gains.

  • Increasing FII and DII holdings, from 0.11% and 1.22% in June 2022 to 1.15% and 2.28% in March 2025 respectively, suggest growing institutional confidence. This trend could attract further investment and improve stock liquidity.

bear case

What can break it.

  • Igarashi Motors has a relatively high debt-to-equity ratio of 0.86, indicating a significant reliance on debt financing. This high leverage increases financial risk and vulnerability to economic downturns or interest rate hikes, potentially impacting profitability.

  • The company's recent quarterly sales and profit figures show a decline, with a negative quarterly profit variation percentage. This negative trend raises concerns about the company's short-term financial performance and its ability to maintain profitability.

  • The stock price has experienced significant volatility, with a 52-week high of 849.00 and a low of 401.00. This price fluctuation presents considerable investment risk, making it crucial for investors to carefully assess their risk tolerance before investing.

  • The company reports zero or negative profitability metrics, including P/E, ROE, and ROCE, alongside a negative operating profit margin of -0.18%. This indicates significant operational inefficiencies and a lack of current profitability.

  • Intense competition from larger, more profitable peers like Bosch and Samvardhana Motherson, with significantly higher market caps and positive P/E ratios, poses a substantial threat to Igarashi Motors' market share and pricing power.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 127. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 31.51. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

Shareholding

Igarashi shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Igarashi — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Igarashi Motors India Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Igarashi Motors India Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Samvardhana Motherson International Ltd
₹1.51 Lakh Cr
Best Profit Growth
Rico Auto Industries Ltd
193.00 %
Highest Dividend Yield
Munjal Showa Ltd
3.52 %

Peer Comparison

Company Name
ALICON
Alicon Castalloy Ltd
ARE&M
Amara Raja Energy & Mobility Ltd
ASAHIINDIA
Asahi India Glass Ltd
ASAL
Automotive Stampings & Assemblies Ltd
ASKAUTOLTD
ASK Automotive Ltd
AUTOAXLES
Automotive Axles Ltd
AUTOIND
Autoline Industries Ltd
BANCOINDIA
Banco Products (India) Ltd
BHARATFORG
Bharat Forge Ltd
BHARATGEAR
Bharat Gears Ltd
BOSCHLTD
Bosch Ltd
CARRARO
Carraro India Ltd
CIEINDIA
CIE Automotive India Ltd
CRAFTSMAN
Craftsman Automation Ltd
DIVGIITTS
Divgi Torqtransfer Systems Ltd
ENDURANCE
Endurance Technologies Ltd
EXIDEIND
Exide Industries Ltd
FIEMIND
Fiem Industries Ltd
FMGOETZE
Federal-Mogul Goetze (India) Ltd
GABRIEL
Gabriel India Ltd
GNA
GNA Axles Ltd
HINDCOMPOS
Hindustan Composites Ltd
IGARASHI
Igarashi Motors India LtdCurrent Stock
INDNIPPON
India Nippon Electricals Ltd
JAMNAAUTO
Jamna Auto Industries Ltd
JAYBARMARU
Jay Bharat Maruti Ltd
JBMA
JBM Auto Ltd
JTEKTINDIA
JTEKT India Ltd
KROSS
Kross Ltd
LGBBROSLTD
L G Balakrishnan & Bros Ltd
LUMAXIND
Lumax Industries Ltd
LUMAXTECH
Lumax Auto Technologies Ltd
MENONBE
Menon Bearings Ltd
MINDACORP
Minda Corporation Ltd
MMFL
M M Forgings Ltd
MOTHERSON
Samvardhana Motherson International Ltd
MSUMI
Motherson Sumi Wiring India Ltd
MUNJALAU
Munjal Auto Industries Ltd
MUNJALSHOW
Munjal Showa Ltd
NDRAUTO
NDR Auto Components Ltd
NRBBEARING
NRB Bearings Ltd
OMAXAUTO
Omax Autos Ltd
PAVNAIND
Pavna Industries Ltd
PPAP
PPAP Automotive Ltd
PRECAM
Precision Camshafts Ltd
PRICOLLTD
Pricol Ltd
PRITIKAUTO
Pritika Auto Industries Ltd
RAJRATAN
Rajratan Global Wire Ltd
REMSONSIND
Remsons Industries Ltd
RICOAUTO
Rico Auto Industries Ltd
RKFORGE
Ramkrishna Forgings Ltd
RML
Rane (Madras) Ltd
ROLEXRINGS
Rolex Rings Ltd
SANDHAR
Sandhar Technologies Limited
SANSERA
Sansera Engineering Ltd
SCHAEFFLER
Schaeffler India Ltd
SETCO
Setco Automotive Ltd
SHARDAMOTR
Sharda Motor Industries Ltd
SHIVAMAUTO
Shivam Autotech Ltd
SJS
S J S Enterprises Ltd
SONACOMS
Sona BLW Precision Forgings Ltd
SSWL
Steel Strips Wheels Ltd
STERTOOLS
Sterling Tools Ltd
SUNCLAY
Sundaram Clayton Ltd
SUNDRMBRAK
Sundaram Brake Linings Ltd
SUNDRMFAST
Sundram Fasteners Ltd
SUPRAJIT
Suprajit Engineering Ltd
TALBROAUTO
Talbros Automotive Components Ltd
TIINDIA
Tube Investments of India Ltd
UCAL
Ucal Ltd
UNIPARTS
Uniparts India Ltd
UNOMINDA
Uno Minda Ltd
URAVIDEF
Uravi Defence & Technology Ltd
VARROC
Varroc Engineering Ltd
WHEELS
Wheels India Ltd
ZFCVINDIA
ZF Commercial Vehicle Control System India Ltd
Technicals

Igarashi Motors India Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Igarashi Motors India Ltd — derived from the live tape, not yesterday's close.

Igarashi Motors India Ltd last traded at ₹379.35 with an intraday range of ₹368.6–₹389.9 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹379.35
LevelPrice (₹)Distance% Δ
R4432.57+53.22+14.03%
R3411.27+31.92+8.41%
R2400.58+21.23+5.60%
R1389.97+10.62+2.80%
PIVOT379.28-0.07-0.02%
CURRENT379.35
S1326.07-53.28-14.05%
S2347.37-31.98-8.43%
S3357.98-21.37-5.63%
S4368.67-10.68-2.82%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 379.25P: 379.28TC: 379.32
R1
R2
R3
R4
indicator
LTP: 379.35
PDH: 370.40
PDL: 360.35
● Market Sentiment

IGARASHI is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Narrower, suggesting likely for trending moves

● Opening Range

Day's range: 369.7 ~ 376

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

Igarashi Motors India Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Igarashi Motors India Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Igarashi Motors India Ltd stood at 58.3% of traded volume, against a 20-day average of 51.0%.

Avg Delivery (20D)51%+7.3 ppt latest vs avg
Highest Delivery64.1%on 10 Jun
Avg Volume (20D)71.2 K20-day run-rate
Conviction Trend↑ Strengthening+7.3 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Igarashi Motors India announcements: results, concalls, ratings, M&A.

Filings Igarashi Motors India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Igarashi Motors India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 51 documents below.

  1. 22 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Igarashi Motors India Limited has informed the Exchange about Copy of Newspaper Publication

  2. 21 May 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Igarashi Motors India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

  3. 21 May 2026DividendView PDF

    Dividend

    Igarashi Motors India Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of…

  4. 21 May 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Igarashi Motors India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

  5. 27 Apr 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Igarashi Motors India Limited has informed the Exchange about Copy of Newspaper Publication

§ 10b · Reports & Decks

Investor decks & rating reports.

Corporate Actions

Igarashi Motors India dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Igarashi Motors India has declared, sequenced by announce and record date.

Igarashi Motors India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Igarashi Motors India Ltd: business, sector, key facts.

What Igarashi Motors India Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Igarashi Motors India Ltd operates in the Consumer Cyclical, listed as NSE: IGARASHI, BSE: 517380.

IGARASHI
Consumer Cyclical

Igarashi Motors India Ltd

NSE · IGARASHI·BSE · 517380·www.igarashimotors.com

Igarashi Motors India Limited (IMIL) is a global manufacturer and seller of electric micro motors and their associated components. Their primary markets include India, the United States, Japan, Germany, and Hong Kong, with additional international distribution. The company's core business centers around the production and supply of small electric motors for various applications.

IMIL's operations are structured around two distinct segments: Automotive and Non-automotive. The Automotive segment likely focuses on supplying motors for applications within the automotive industry, possibly including components for electric vehicles or other automotive systems requiring small, precise motors. The Non-automotive segment diversifies their product range, supplying motors for other sectors.

Within their product portfolio, IMIL offers a variety of motors tailored to different needs. This includes motors for ceiling fans, a common application for smaller electric motors. Furthermore, they manufacture printed circuit boards (PCBs), which are crucial components in many electrical devices, including the motors they produce. Their product range also extends to more general industrial applications, encompassing electrical, general purpose, and special purpose machinery and equipment powered by their manufactured motors.

IMIL has a history dating back to its incorporation in 1992, originally operating under the name CG Igarashi Motors Limited. The company rebranded to its current name in July 2003. Currently based in Chennai, India, the company operates as a subsidiary of Agile Electric Sub Assembly Private Limited, indicating a larger corporate structure behind its operations and potentially influencing supply chains and resource allocation.

company facts
Founded / IPO
Employees
SectorConsumer Cyclical
HeadquartersChennai, India
Market Cap₹1,191.8 Cr
Listed OnNSE
leadership20 on record
Mr. Haruo Igarashi
Additional Non-Executive Non-Independent Director
Mr. Hemant Nerurkar
Non-Executive Chairman of the Board
Mr. K. Nohria
Chairman Emeritus
Mr. K. N. Raghuram
Business Head of Business Chain Management
Mr. L. Kalyana Sundaram
Business Head of Manufacturing Operations & Quality
Mr. L. Ramkumar
Non-Executive Independent Director
Mr. M. C. Kulasekaran
Head of Manufacturing
Mr. Paruchuri Dinakara Babu
Compliance Officer & Company Secretary
Mr. P. Dinakara Babu
Compliance Officer, Company Secretary
Mr. P. Govindaraju
Chief Operating Officer
Mr. P. Govindaraju
Chief Operating Officer
Mr. Rajagopalan Chandrasekaran
MD & Director
§ ∞ · Plainly Answered

Questions investors ask about Igarashi Motors India Ltd (IGARASHI).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Igarashi Motors India Ltd (IGARASHI)?

The current share price of Igarashi Motors India Ltd (IGARASHI) is ₹379.35. Today, the stock has gained by ₹13.60 (3.72%), trading in a range of ₹368.6 to ₹389.9. The stock opened at ₹370.6 with a trading volume of 1,09,481 shares.

02Is Igarashi Motors India Ltd stock a good investment for long-term?

Igarashi Motors India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,191.8 crores, P/E ratio of 97.84, ROE of 2.61%, and ROCE of 0.00%. The dividend yield stands at 0.66%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Igarashi Motors India Ltd stock?

The 52-week high price of Igarashi Motors India Ltd (IGARASHI) is ₹0, while the 52-week low is ₹0. Currently trading at ₹379.35, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Igarashi Motors India Ltd stock at the current price?

Whether to buy Igarashi Motors India Ltd stock at ₹379.35 depends on multiple factors. The stock is currently trading with a P/E ratio of 97.84 and P/B ratio of 2.54. Today's performance shows a gain of 3.72%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Igarashi Motors India Ltd and when is the next dividend?

Igarashi Motors India Ltd offers a dividend yield of 0.66%, which means for every ₹100 invested at the current price of ₹379.35, you can expect to receive approximately ₹0.66 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Igarashi Motors India Ltd?

Igarashi Motors India Ltd's key financial metrics include: P/E Ratio: 97.84, P/B Ratio: 2.54, ROE: 2.61%, ROCE: 0.00%, Dividend Yield: 0.66%, EPS: ₹3.87, Book Value: ₹149.21, and Debt-to-Equity: 31.01. The company's market cap stands at ₹1,191.8 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Igarashi Motors India Ltd stock performing today in the market?

Igarashi Motors India Ltd stock opened at ₹370.6 and is currently trading at ₹379.35, showing a gain of ₹13.60 (3.72%). The intraday high is ₹389.9 and low is ₹368.6. The trading volume stands at 1,09,481 shares, indicating moderate market participation today.

08What is the P/E ratio of Igarashi Motors India Ltd and what does it indicate?

Igarashi Motors India Ltd has a Price-to-Earnings (P/E) ratio of 97.84, which means investors are willing to pay ₹97.84 for every ₹1 of earnings. With an EPS of ₹3.87, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Igarashi Motors India Ltd (IGARASHI) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.