India Nippon Electricals
India Nippon Electricals Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for India Nippon Electricals Ltd, framed against the sector median so the premium or discount is obvious at a glance.
India Nippon Electricals Ltd trades at a P/E of 18.11× and P/B of 2.57×.
Valuation
Profitability
Growth
Financial Health
India Nippon Electricals Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for India Nippon Electricals Ltd, switchable between annual and quarterly views, consolidated or standalone.
India Nippon Electricals Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,006.52 Cr and reported EPS of ₹49.16.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 466 | 525 | 479 | 481 | 566 | 656 | 724 | 845 | 1,068 |
| Other Income | 13 | 15 | 26 | 16 | 25 | 23 | 25 | 30 | 31 |
| Total Income | 479 | 540 | 505 | 497 | 592 | 679 | 749 | 875 | 1,099 |
| Cost of Goods Sold (COGS) | 297 | 342 | 315 | 325 | 395 | 454 | 500 | 574 | 739 |
| Gross Profit | 169 | 183 | 164 | 156 | 171 | 202 | 225 | 271 | 329 |
| +Operating Expenses | 105 | 106 | 108 | 111 | 121 | 149 | 158 | 177 | 211 |
| EBITDA | 64 | 77 | 57 | 45 | 50 | 53 | 66 | 94 | 119 |
| +Non-Operating Expenses | 6 | 8 | 10 | 11 | 13 | 15 | 15 | 21 | 34 |
| Profit Before Tax (PBT) | 71 | 84 | 73 | 51 | 62 | 60 | 76 | 103 | 146 |
| +Tax Expense | 21 | 24 | 17 | 11 | 11 | 12 | 16 | 21 | 35 |
| Profit After Tax (PAT) | 50 | 59 | 54 | 40 | 50 | 48 | 59 | 82 | 111 |
| Earnings Per Share (EPS) | 22.01 | 25.97 | 24.02 | 17.52 | 22.21 | 21.32 | 26.21 | 36.37 | 49.14 |
| Diluted Shares Outstanding (Nos.) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| +Additional Disclosures | 720 | 814 | 740 | 776 | 943 | 1,103 | 1,199 | 1,380 | 1,742 |
| Sales Growth % | — | 12.61 | -8.83 | 0.51 | 17.67 | 15.89 | 10.34 | 16.68 | 26.47 |
| YoY Sales Growth % | — | 12.61 | -8.83 | 0.51 | 17.67 | 15.89 | 10.34 | 16.68 | 26.47 |
| Material Cost % | 64 | 65 | 66 | 68 | 70 | 67 | 66 | 65 | 66 |
| Employee Cost % | 11 | 11 | 13 | 14 | 12 | 12 | 12 | 12 | 11 |
| Other Cost % | 11 | 9 | 10 | 9 | 9 | 11 | 10 | 9 | 9 |
| OPM % | 14 | 15 | 12 | 9 | 9 | 8 | 9 | 11 | 11 |
| Tax % | 29 | 29 | 23 | 22 | 18 | 20 | 22 | 20 | 24 |
| Profit Growth % | — | 17.57 | -7.19 | -27.05 | 26.77 | -4.02 | 22.95 | 38.75 | 35.11 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 58 | 69 | 47 | 35 | 37 | 38 | 51 | 73 | 101 |
India Nippon Electricals segment analysis: revenue and profit mix.
Disclosed business segments at India Nippon Electricals with their share of revenue and profit, switchable between consolidated and standalone reporting.
India Nippon Electricals discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
India Nippon Electricals Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy India Nippon Electricals Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
India Nippon Electricals Ltd's investment case rests on 8 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
The company boasts a robust promoter holding of 70.4%, indicating strong confidence from its core management and a stable ownership structure, which is often viewed favorably by long-term investors.
India Nippon Electricals maintains a virtually debt-free balance sheet with a debt-to-equity ratio of 0.00, providing significant financial stability and flexibility for future growth initiatives.
The company has demonstrated strong quarterly performance, with net profit after tax growing by an impressive 28.00% to 23.2 Cr, reflecting effective cost management and increasing operational efficiency.
Sales for the latest quarter showed healthy growth of 20.40% to 225 Cr, indicating increasing market demand and successful revenue generation strategies in its core auto components business.
With a Return on Capital Employed (ROCE) of 15.40% and Return on Equity (ROE) of 12.30%, the company shows efficient capital utilization and decent profitability for its shareholders.
What can break it.
The company's current Price-to-Earnings (P/E) ratio of 25.50 is higher than the sector P/E of 21.26, suggesting the stock might be trading at a premium compared to its industry peers.
Institutional investor interest appears low, with FII holding at a mere 0.37% and DII holding at 0.00%, which could indicate a lack of broader institutional confidence or research coverage.
Despite recent positive quarterly results, the stock has shown some short-term volatility, with recent daily declines of up to -2.36%, indicating potential investor caution or profit-booking.
While profitable, the company's Return on Capital Employed (ROCE) of 15.40% and Return on Equity (ROE) of 12.30% lag behind some top-tier peers in the auto components sector.
The company faces intense competition from larger, more diversified players in the auto components sector, such as Bosch and Schaeffler, which could pressure margins and market share.
What would change my mind.
Trim if P/E re-rates above 24. 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 1.00. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 10%. The operating engine is no longer compounding capital efficiently.
India Nippon Electricals Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — India Nippon Electricals Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
India Nippon Electricals Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for India Nippon Electricals Ltd — derived from the live tape, not yesterday's close.
India Nippon Electricals Ltd last traded at ₹890.25 with an intraday range of ₹865–₹895.1 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹890.25| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 962.10 | +71.85 | +8.07% |
| R3 | 932.00 | +41.75 | +4.69% |
| R2 | 913.55 | +23.30 | +2.62% |
| R1 | 901.90 | +11.65 | +1.31% |
| PIVOT | 883.45 | -6.80 | -0.76% |
| CURRENT | 890.25 | — | — |
| S1 | 811.60 | -78.65 | -8.83% |
| S2 | 841.70 | -48.55 | -5.45% |
| S3 | 853.35 | -36.90 | -4.14% |
| S4 | 871.80 | -18.45 | -2.07% |
INDNIPPON is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 865 ~ 887.95
Trading Above opening range, showing Bullishness
India Nippon Electricals Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for India Nippon Electricals Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in India Nippon Electricals Ltd stood at 60.0% of traded volume, against a 20-day average of 48.1%.
India Nippon Electricals announcements: results, concalls, ratings, M&A.
Filings India Nippon Electricals sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
India Nippon Electricals files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 57 documents below.
Investor Presentation
India Nippon Electricals Limited has informed the Exchange about Investor Presentation
Updates
India Nippon Electricals Limited has informed the Exchange regarding Annual General Meeting of the Company to be held on Thursday, 30th July 2026 at…
Outcome of Board Meeting
India Nippon Electricals Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Copy of Newspaper Publication
India Nippon Electricals Limited has informed the Exchange about Copy of Newspaper Publication
Certificate under SEBI (Depositories and Participants) Regulations, 2018
India Nippon Electricals Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Investor decks & rating reports.
India Nippon Electricals dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue India Nippon Electricals has declared, sequenced by announce and record date.
India Nippon Electricals corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About India Nippon Electricals Ltd: business, sector, key facts.
What India Nippon Electricals Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
India Nippon Electricals Ltd operates in the Consumer Cyclical, listed as NSE: INDNIPPON, BSE: 532240.
India Nippon Electricals Limited (INDNIPPON) is a significant player in the automotive components industry, specializing in the design, manufacture, and supply of electronic ignition systems. Their primary focus is on providing crucial components for a variety of vehicles and engines, both domestically in India and internationally. A key aspect of their business is the development and delivery of sophisticated electronics that control various engine functions, ensuring efficient and reliable operation.
The company's product portfolio is extensive and covers a wide range of essential automotive parts. This includes core ignition system components such as AC generators, stators, rotors, CDI and TCI units, ignition coils, and regulator/rectifier units. INDNIPPON also manufactures critical engine control units, including exhaust gas controllers and engine controllers, showcasing their expertise in advanced engine management technology. They further expand their offerings to encompass auto chokes for various engine types and dual output ignition products for enhanced performance.
Beyond the core ignition systems, INDNIPPON demonstrates a strong commitment to sensing and control technologies. They produce a diverse array of sensors, crucial for monitoring various vehicle parameters. This includes speed, lever position, temperature, angle, pressure (tire pressure monitoring systems), and throttle position sensors, showcasing their capability in precision measurement and feedback systems. In addition to these, they offer more specialized sensors like RPAS ultrasonic and TMAP sensors, highlighting their advanced technological capabilities.
INDNIPPON's product line also extends to electric vehicle (EV) and hybrid vehicle technology, supplying DC-DC converters, traction motors, and motor controllers. They are also involved in the production of ISG (Integrated Starter Generator) machines and their controllers, reflecting their adaptability to the evolving automotive landscape. Their EFI ECU (Electronic Fuel Injection Engine Control Unit) products further solidify their position as a comprehensive supplier of automotive electronic systems.
The company's customer base spans a broad range of applications, including two-wheelers, three-wheelers, small gasoline engines, and portable gensets. Furthermore, INDNIPPON's technological expertise extends beyond the automotive sector, servicing the needs of various non-automotive industries. Established in 1984 and headquartered in Chennai, India, INDNIPPON operates as a subsidiary of Lucas Indian Service Limited, leveraging its parent company's resources and experience within the automotive industry.
Questions investors ask about India Nippon Electricals Ltd (INDNIPPON).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of India Nippon Electricals Ltd (INDNIPPON)?
The current share price of India Nippon Electricals Ltd (INDNIPPON) is ₹890.25. Today, the stock has gained by ₹29.25 (3.40%), trading in a range of ₹865 to ₹895.1. The stock opened at ₹865 with a trading volume of 11,587 shares.
02Is India Nippon Electricals Ltd stock a good investment for long-term?
India Nippon Electricals Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,006.52 crores, P/E ratio of 18.11, ROE of 14.51%, and ROCE of 15.40%. The dividend yield stands at 1.80%. 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 India Nippon Electricals Ltd stock?
The 52-week high price of India Nippon Electricals Ltd (INDNIPPON) is ₹0, while the 52-week low is ₹0. Currently trading at ₹890.25, 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 India Nippon Electricals Ltd stock at the current price?
Whether to buy India Nippon Electricals Ltd stock at ₹890.25 depends on multiple factors. The stock is currently trading with a P/E ratio of 18.11 and P/B ratio of 2.57. Today's performance shows a gain of 3.40%. 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 India Nippon Electricals Ltd and when is the next dividend?
India Nippon Electricals Ltd offers a dividend yield of 1.80%, which means for every ₹100 invested at the current price of ₹890.25, you can expect to receive approximately ₹1.80 annually as dividends. The face value of the stock is ₹5.00. 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 India Nippon Electricals Ltd?
India Nippon Electricals Ltd's key financial metrics include: P/E Ratio: 18.11, P/B Ratio: 2.57, ROE: 14.51%, ROCE: 15.40%, Dividend Yield: 1.80%, EPS: ₹49.16, Book Value: ₹347.05, and Debt-to-Equity: 0.00. The company's market cap stands at ₹2,006.52 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is India Nippon Electricals Ltd stock performing today in the market?
India Nippon Electricals Ltd stock opened at ₹865 and is currently trading at ₹890.25, showing a gain of ₹29.25 (3.40%). The intraday high is ₹895.1 and low is ₹865. The trading volume stands at 11,587 shares, indicating moderate market participation today.
08What is the P/E ratio of India Nippon Electricals Ltd and what does it indicate?
India Nippon Electricals Ltd has a Price-to-Earnings (P/E) ratio of 18.11, which means investors are willing to pay ₹18.11 for every ₹1 of earnings. With an EPS of ₹49.16, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about India Nippon Electricals Ltd (INDNIPPON) 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.
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