India Nippon Electricals Limited

India Nippon Electricals Limited

1,134.95
INR
-33.20
(-2.84%)
50.84EPS
19.90P/E
22.89BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
116.12
144.88
148.47
153.97
198.48
230.14
209.64
211.17
246.35
285.66
316.82
367.77
465.45
507.68
Basic EPS, GAAP
9.38
10.2
12.79
13.07
22.01
25.88
24.02
17.52
22.21
21.32
26.21
36.37
49.14
50.84
Free Cash Flow per Basic Share
5.32
8.51
11.76
12.84
4.04
9.17
14.73
0.49
-9.14
13.99
17.11
11.63
-0.83
- -
Dividend per Share
4.5
4.25
6.75
2.92
3.61
7.84
12.96
6
6.25
9.25
10.25
12.5
15.5
- -
Book Value per Share
94.15
107.48
113.42
121.75
151.36
177.01
185.57
199.36
223.31
247.7
275.51
314.38
363.08
- -
Tangible Book Value per Share
94.15
107.29
112.36
120.88
150.5
176.23
184.88
198.81
222.57
247
274.87
313.95
362.77
- -
Basic Weighted Avg Shares
23
23
23
23
23
23
23
23
23
23
23
23
23
23
Sales/Revenue/Turnover
2,627
3,277
3,359
3,483
4,490
5,206
4,742
4,777
5,573
6,462
7,167
8,319
10,529
11,483
Operating Margin (%)
7.02
7.88
9.3
9.58
12.99
13.66
9.99
7.66
6.59
6.45
7.27
8.82
9.56
9.48
Depreciation Expense
53
72
42
42
60
77
94
103
129
146
151
206
179
189
Net Income, GAAP
212
231
289
296
498
585
543
396
503
482
593
823
1,112
1,150
Effective Tax Rate (%)
23.89
28.78
27.09
33.18
29.41
29.42
23.18
21.68
18.35
20.18
21.75
20.06
23.81
23.5
Profit Margin (%)
8.08
7.04
8.61
8.49
11.09
11.25
11.46
8.3
9.02
7.46
8.27
9.89
10.56
10.01
Working Capital
975
1,132
1,200
1,343
1,521
1,950
2,153
2,115
2,451
2,443
2,576
2,531
2,939
- -
LT Debt
- -
- -
- -
- -
- -
- -
41
35
33
29
21
13
9
- -
Total Equity
2,130
2,431
2,566
2,754
3,424
4,004
4,198
4,510
5,052
5,603
6,233
7,112
8,213
- -
Return on Invested Capital (%)
6.74
8.05
9.08
8.28
13
12.97
10.78
6.27
8.25
6.16
6.85
8.75
11.56
- -
Return on Capital (%)
10.18
10.13
11.58
11.13
16.14
15.78
13.26
9.09
10.49
9.04
10.01
12.32
14.51
- -
Return on Common Equity (%)
10.17
10.12
11.58
11.12
16.12
15.76
13.25
9.1
10.51
9.05
10.02
12.33
14.51
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
10
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
9
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
18,408
15,433
22,888

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,880
- -
Cash, Cash Equivalents & STI
- -
1,678
- -
Accounts Receivable, Net
- -
2,065
- -
Inventories
- -
909
- -
Total Current Liabilities
- -
1,941
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
10
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.46%
12.75%
15.49%
Free Cash Flow
-229.86%
-466.03%
-107.15%
Net Income, GAAP
17.36%
23.92%
35.11%
Sales/Revenue/Turnover
12.65%
17.23%
26.56%
Total Cash Common Dividend
20.46%
21.78%
23.97%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,866
2,099
2,147
2,338
8,319
2026
2,247
2,726
2,718
2,995
10,529
2027
3,045
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8.02
9.35
7.06
11.94
36.37
2026
10.3
10.26
11.02
17.61
49.14
2027
11.95
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
12.5
2026
- -
- -
- -
- -
15.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Arvind Balaji
Full Time Employees
2,811
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 11 & 13, Patullos Road Chennai TN India 600002
IPO Date
Nov 3, 1998
Business
India Nippon Electricals Limited India Nippon Electricals Limited manufactures electronic ignition systems and related components for the automotive sector, primarily serving two-wheelers, three-wheelers, portable engines, and general-purpose gasoline engines; its core products include AC generators and flywheel magnetos such as stators and rotors, capacitor discharge ignition (CDI) and transistor-controlled ignition (TCI) units, ignition coils, regulator/rectifier units, exhaust gas and engine control units, sensors for speed, temperature, throttle position, and tire pressure monitoring, as well as electric vehicle solutions encompassing DC-DC converters, motor controllers, traction motors, and electronic fuel injection (EFI) engine control units. Incorporated in 1984 and headquartered in Chennai, India, the company operates three manufacturing facilities in Tamil Nadu, Puducherry, and Haryana, along with a DSIR-recognized R&D center, and serves leading original equipment manufacturers in India while expanding into international markets across North America and Europe. A subsidiary of Lucas Indian Service Limited, which holds a 70.37% stake following acquisitions from Mahle entities in 2022-2023 that increased ownership to 70.32% by June 2023, the company maintains a diverse portfolio supporting both internal combustion engines and EV platforms. Recent developments include the 2024 commencement of flywheel magneto supplies for premium export bikes and DC-DC converter exports to broaden global reach, alongside 2025 launches of a power boost regulator for enhanced generating efficiency and an EFI ECU for motorcycles via technical licensing partnerships with global collaborators; it also extended ignition products like controllers, coils, and voltage regulators into new two- and three-wheeler applications.