Indo-National Latest Share Price (NIPPOBATRY)
TODAY IN ONE LINE
NIPPOBATRY fell 1.4% on light volume, lagging Nifty's 0.2% move.
With a market cap of ₹243 Cr., it trades at a P/E of -9.51. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Indo-National flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●High Promoter HoldingPromoters hold 65.3% skin-in-the-game
- ●Steady Dividend YieldReliable 1.48% dividend yield
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.11x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 26.0% YoY
Latest Indo-National News
What changed recently?
Recent events, corporate actions, and announcements.
Indo-National Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Indo-National Limited, framed against the sector median so the premium or discount is obvious at a glance.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Indo-National Limited technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Indo-National Limited — derived from the latest tape, not yesterday's close.
Indo-National Limited last traded at ₹325 with an intraday range of ₹322.05–₹334 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹325.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 355.88 | +30.88 | +9.50% |
| R3 | 343.93 | +18.93 | +5.83% |
| R2 | 338.97 | +13.97 | +4.30% |
| R1 | 331.98 | +6.98 | +2.15% |
| PIVOT | 327.02 | 2.02 | 0.62% |
| CURRENT | 325.00 | — | — |
| S1 | 320.03 | -4.97 | -1.53% |
| S2 | 315.07 | -9.93 | -3.06% |
| S3 | 308.08 | -16.92 | -5.21% |
| S4 | 296.13 | -28.87 | -8.88% |
NIPPOBATRY is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹328.25–₹334
Trading Below opening range, showing Bearishness
Indo-National Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Indo-National Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
Indo-National Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹243 Cr. and reported EPS of ₹-35.12.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 467 | 452 ▼ 3.2% |
| Sales Growth YoY %Derived | -27.03% | -3.21% |
| Other Income | 190 | 8 ▼ 96.0% |
| Total Income | 657 | 460 ▼ 30.0% |
| 291 | 277 ▼ 4.8% | |
| Gross ProfitDerived | 176 | 175 ▼ 0.5% |
| Gross Margin %Derived | 37.66% | 38.71% |
| 198 | 193 ▼ 2.5% | |
| EBITDA (Operating Profit)Derived | -22 | -18 ▲ 18.3% |
| OPM %Derived | -4.76% | -4.02% |
| 16 | 16 ▼ 4.2% | |
| Profit Before Tax (PBT) | 151 | -26 ▼ 117.4% |
| 29 | 0 ▼ 98.5% | |
| Effective Tax %Derived | 19.40% | -1.63% |
| Total Profit for Period | 122 | -27 ▼ 121.9% |
| Less: Non-controlling Interests | -2 | -0 ▲ 80.6% |
| Net Profit (Owner's PAT)Derived | 124 | -26 ▼ 121.3% |
| Net Profit Margin %Derived | 26.48% | -5.82% |
| PAT Growth YoY %Derived | 1,186.63% | -121.28% |
| Earnings Per Share (EPS ₹) | 165.02 | -35.12 ▼ 121.3% |
| Diluted Shares Outstanding (Cr) | 1 | 1 ▲ 0.0% |
| Share of Profit from Associates/JVs | — | — |
| Other Comprehensive Income (Net of Tax) | 0 | 0 ▼ 62.5% |
| Total Expenses (incl. D&A & Interest) | 506 | 486 ▼ 3.9% |
| Material Cost % of RevenueDerived | 36.36% | 35.21% |
| Employee Cost % of RevenueDerived | 17.26% | 17.13% |
| Other Cost % of RevenueDerived | 25.16% | 25.59% |
| Interest Coverage (x)Derived | -11.17x | -12.12x |
| Period | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 403 | 330 ▼ 18.3% | 532 ▲ 61.3% | 570 ▲ 7.2% | 572 ▲ 0.3% | 641 ▲ 12.0% | 467 ▼ 27.0% | 452 ▼ 3.2% | |
| Sales Growth YoY %Derived | — | — | 61.29% | 7.22% | 0.32% | 11.99% | -27.03% | -3.21% | |
| Other Income | 15 | 18 ▲ 19.6% | 18 ▲ 0.7% | 19 ▲ 1.9% | 5 ▼ 70.9% | 10 ▲ 85.2% | 190 ▲ 1779.8% | 8 ▼ 96.0% | |
| Total Income | 419 | 348 ▼ 16.9% | 550 ▲ 58.1% | 589 ▲ 7.0% | 577 ▼ 1.9% | 651 ▲ 12.7% | 657 ▲ 1.0% | 460 ▼ 30.0% | |
227 | 209 ▼ 8.0% | 297 ▲ 41.9% | 342 ▲ 15.1% | 363 ▲ 6.3% | 370 ▲ 2.0% | 291 ▼ 21.3% | 277 ▼ 4.8% | ||
| Gross ProfitDerived | 176 | 121 ▼ 31.5% | 235 ▲ 94.9% | 229 ▼ 2.7% | 209 ▼ 8.7% | 270 ▲ 29.4% | 176 ▼ 34.9% | 175 ▼ 0.5% | |
| Gross Margin %Derived | 43.65% | 36.58% | 44.20% | 40.09% | 36.50% | 42.19% | 37.66% | 38.71% | |
134 | 98 ▼ 27.0% | 178 ▲ 82.2% | 203 ▲ 13.9% | 194 ▼ 4.1% | 230 ▲ 18.2% | 198 ▼ 13.6% | 193 ▼ 2.5% | ||
| EBITDA (Operating Profit)Derived | 42 | 23 ▼ 45.6% | 57 ▲ 148.5% | 26 ▼ 54.4% | 15 ▼ 43.9% | 41 ▲ 178.1% | -22 ▼ 154.7% | -18 ▲ 18.3% | |
| OPM %Derived | 10.51% | 6.99% | 10.77% | 4.58% | 2.56% | 6.35% | -4.76% | -4.02% | |
14 | -18 ▼ 226.7% | 26 ▲ 242.7% | 24 ▼ 7.4% | 28 ▲ 17.3% | 31 ▲ 11.7% | 16 ▼ 47.7% | 16 ▼ 4.2% | ||
| Profit Before Tax (PBT) | 43 | 1 ▼ 97.7% | 50 ▲ 4850.4% | 21 ▼ 58.0% | -8 ▼ 138.3% | 19 ▲ 342.4% | 151 ▲ 679.1% | -26 ▼ 117.4% | |
12 | 1 ▼ 95.8% | 17 ▲ 3227.5% | 8 ▼ 56.6% | -0 ▼ 100.2% | 5 ▲ 25938.4% | 29 ▲ 513.9% | 0 ▼ 98.5% | ||
| Effective Tax %Derived | 28.55% | 51.67% | 34.73% | 35.91% | 0.23% | 24.62% | 19.40% | -1.63% | |
| Total Profit for Period | 31 | 0 ▼ 98.4% | 33 ▲ 6585.7% | 13 ▼ 60.5% | -8 ▼ 164.3% | 15 ▲ 277.2% | 122 ▲ 733.1% | -27 ▼ 121.9% | |
| Less: Non-controlling Interests | 9 | — ▼ 100.0% | 2 | 5 ▲ 129.2% | -3 ▼ 152.4% | 5 ▲ 295.6% | -2 ▼ 136.2% | -0 ▲ 80.6% | |
| Net Profit (Owner's PAT)Derived | 22 | 0 ▼ 97.8% | 30 ▲ 6146.5% | 8 ▼ 73.8% | -6 ▼ 171.7% | 10 ▲ 269.0% | 124 ▲ 1186.6% | -26 ▼ 121.3% | |
| Net Profit Margin %Derived | 5.54% | 0.15% | 5.71% | 1.39% | -1.00% | 1.50% | 26.48% | -5.82% | |
| PAT Growth YoY %Derived | — | — | 6,146.54% | -73.85% | -171.66% | 268.95% | 1,186.63% | -121.28% | |
| Earnings Per Share (EPS ₹) | 29.79 | 0.65 ▼ 97.8% | 40.50 ▲ 6130.8% | 10.59 ▼ 73.9% | -7.59 ▼ 171.7% | 12.83 ▲ 269.0% | 165.02 ▲ 1186.2% | -35.12 ▼ 121.3% | |
| Diluted Shares Outstanding (Cr) | 1 | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | |
| Share of Profit from Associates/JVs | — | — | — | -1 | -0 ▲ 52.2% | — ▲ 100.0% | — | — | |
| Other Comprehensive Income (Net of Tax) | 0 | -0 ▼ 367.5% | -1 ▼ 135.9% | -0 ▲ 33.1% | 1 ▲ 262.8% | -1 ▼ 301.2% | 0 ▲ 130.4% | 0 ▼ 62.5% | |
| Total Expenses (incl. D&A & Interest) | 375 | 347 ▼ 7.6% | 500 ▲ 44.2% | 568 ▲ 13.5% | 585 ▲ 3.1% | 631 ▲ 7.8% | 506 ▼ 19.8% | 486 ▼ 3.9% | |
| Material Cost % of RevenueDerived | 42.89% | 37.76% | 41.21% | 44.87% | 42.44% | 36.72% | 36.36% | 35.21% | |
| Employee Cost % of RevenueDerived | 13.99% | 13.69% | 15.29% | 15.27% | 14.91% | 15.61% | 17.26% | 17.13% | |
| Other Cost % of RevenueDerived | 19.15% | 15.90% | 18.14% | 20.24% | 19.03% | 20.23% | 25.16% | 25.59% | |
| Interest Coverage (x)Derived | 6.67x | 3.16x | 3.37x | 1.20x | -0.21x | 1.68x | -11.17x | -12.12x |
Indo-National segment analysis : revenue and profit mix.
Disclosed business segments at Indo-National with their share of revenue and profit, switchable between consolidated and standalone reporting.
Indo-National discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Indo-National Limited.
Our AI distills the core fundamental drivers supporting Indo-National Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Indo-National Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Promoter holding 65.35% demonstrates strong long-term commitment and ownership stability.
Price-to-book ratio 0.84x suggests significant undervaluation relative to book value.
Low debt-to-equity ratio 0.0011x indicates healthy balance sheet and financial prudence.
Cash per share ₹53.84 provides substantial liquidity cushion for operational needs.
Dividend yield 1.48% offers modest income for value-oriented and income-focused investors.
Key Risks.
Operating margin -4.02% reflects core profitability challenges and operational stress.
Net profit margin -5.82% indicates persistent losses across the entire business.
Latest quarterly EPS declined 26.1% YoY despite revenue growth, signaling earnings weakness.
TTM EPS declined 26.0% YoY, confirming sustained deterioration in earnings quality.
Zero institutional ownership raises governance oversight and investor confidence concerns.
Flip Conditions.
Reassess if quarterly profit growth turns negative 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.
Income thesis breaks if the dividend is cut or yield falls below 0.74%.
Indo-National Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Indo-National Limited is highlighted for quick read-across.
Quick Compare
Indo-National Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Indo-National Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Indo-National Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Indo-National Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Indo-National Limited stood at 72.8% of traded volume, against a 20-day average of 73.4%.
Indo-National announcements: results, concalls, ratings, M&A.
Filings Indo-National sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Indo-National files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 65 documents below.
Copy of Newspaper Publication
Indo-National Limited has informed the Exchange about Copy of Newspaper Publication
Updates
Indo-National Limited has informed the Exchange regarding 'Intimation on 53rd AGM'.
Updates
Indo-National Limited has informed the Exchange regarding 'book closure'.
Outcome of Board Meeting
Indo-National Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Acquisition
Indo-National Limited has informed the Exchange about Acquisition
Indo-National dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Indo-National has declared, sequenced by announce and record date.
Indo-National corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Indo-National Limited: business, sector, key facts.
What Indo-National Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Indo-National Limited operates in the Household Products industry under the Fast Moving Consumer Goods sector, listed as NSE: NIPPOBATRY, BSE: 504058.
Indo National Limited, formerly known as Nippo Batteries Co. Ltd., is a prominent Indian manufacturer and distributor of a diverse range of products primarily focused on batteries and lighting solutions. The company's core business revolves around the production and sale of dry cell and rechargeable batteries, catering to various consumer and industrial needs. Their battery offerings encompass alkaline and zinc-carbon technologies, ensuring a wide selection to meet different power requirements and price points.
Beyond batteries, Indo National Limited has significantly expanded its product portfolio to include a comprehensive range of lighting products. This includes traditional battery-operated flashlights and rechargeable torches, as well as more modern LED lighting solutions. Their LED offerings are extensive and cover several segments, encompassing battens, spotlights, downlights, panel lights, rechargeable bulbs, and standard incandescent bulbs. This diversification allows them to cater to a wide spectrum of lighting needs, from basic household illumination to more specialized applications.
Further diversifying its business, the company also offers a selection of electrical accessories and other Fast-Moving Consumer Goods (FMCG) products. This includes essential items such as spike guards (surge protectors) and flex boxes (wire organizers), enhancing their reach into the broader electrical goods market. They also provide mosquito repellents (liquid vaporizers and possibly others) and a line of razors and blades under the DORCO brand. This strategic diversification into related consumer goods contributes to the company's overall revenue streams and market presence.
Established in 1972 and headquartered in Chennai, India, Indo National Limited has a substantial history in the Indian market. Their evolution from primarily a battery manufacturer to a diverse provider of batteries, lighting, and consumer goods reflects an adaptive business strategy aiming for sustained growth and market leadership. The company's extensive product portfolio positions it as a significant player in several interconnected sectors within the Indian consumer and industrial markets.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- Ambica Agarbathies & Aroma industries (AMBICAAGAR) Share PricePeer
- Eveready Industries India (EVEREADY) Share PricePeer
- Jyothy Labs (JYOTHYLAB) Share PricePeer
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- Technical DashboardScreener
- Results CalendarScreener
- FII Buying ActivityScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy
Questions investors ask about Indo-National Limited (NIPPOBATRY).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Indo-National Limited (NIPPOBATRY)?
The current share price of Indo-National Limited (NIPPOBATRY) is ₹325.00. Today, the stock has declined by ₹4.75 (1.44%), trading in a range of ₹322.05 to ₹334.00. The stock opened at ₹328.25 with a trading volume of 1,167 shares.
02Is Indo-National Limited stock a good investment for long-term?
Indo-National Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹243 Cr., P/E ratio of -9.51, ROE of -7.11%, and ROCE of -5.47%. The dividend yield stands at 1.48%. 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 Indo-National Limited stock?
The 52-week high price of Indo-National Limited (NIPPOBATRY) is ₹505.90, while the 52-week low is ₹257.00. Currently trading at ₹325.00, the stock is 26.46% above its 52-week low and 35.76% 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 Indo-National Limited stock at the current price?
Whether to buy Indo-National Limited stock at ₹325.00 depends on multiple factors. The stock is currently trading with a P/E ratio of -9.51 and P/B ratio of 0.83. Today's performance shows a loss of 1.44%. 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 Indo-National Limited and when is the next dividend?
Indo-National Limited offers a dividend yield of 1.48%, which means for every ₹100 invested at the current price of ₹325.00, you can expect to receive approximately ₹1.48 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 Indo-National Limited?
Indo-National Limited's key financial metrics include: P/E Ratio: -9.51, P/B Ratio: 0.83, ROE: -7.11%, ROCE: -5.47%, Dividend Yield: 1.48%, EPS: ₹-35.12, Book Value: ₹403.35, and Debt-to-Equity: 0.11. The company's market cap stands at ₹243 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Indo-National Limited stock performing today in the market?
Indo-National Limited stock opened at ₹328.25 and is currently trading at ₹325.00, showing a decline of ₹4.75 (1.44%). The intraday high is ₹334.00 and low is ₹322.05. The trading volume stands at 1,167 shares, indicating moderate market participation today.
08What is the P/E ratio of Indo-National Limited and what does it indicate?
Indo-National Limited has a Price-to-Earnings (P/E) ratio of -9.51, which means investors are willing to pay -9.51 for every ₹1 of earnings. With an EPS of ₹-35.12, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Indo-National Limited (NIPPOBATRY) 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.