1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Igarashi Motors India Limited

Igarashi Motors India Limited

IGARASHI.BO
Igarashi Motors India LimitedIN flagBombay Stock Exchange
374.05
INR
-6.05
- -
11.77BMarket Cap
Igarashi Motors India Limited
IGARASHI.BO
(Bombay Stock Exchange)

Recent

price

374.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
85.94
117.22
126.73
140.87
112.04
129.37
147.66
208.13
188.37
166.42
165.31
171.68
202.05
224.43
266.43
275.18
275.5
Revenue per Share
3.31
7.22
9.31
17.99
14.24
18.5
21.9
30.26
18.24
9.5
8.14
0.38
1.66
3.04
7.68
3.86
3.86
Basic EPS, GAAP
-6.56
-6.3
13.52
12.11
11.22
6.41
13.86
-4.41
26.37
17.86
8.49
11.62
-0.64
-1.07
1.24
4.44
- -
Free Cash Flow per Basic Share
- -
- -
- -
1.19
1.78
7.51
1.58
7.7
7
5.87
1.19
1.5
- -
1
1
2.47
- -
Dividend per Share
8.9
8.9
8.9
32.97
32.35
46.01
66.3
81.99
93.47
96.59
104.07
94.29
95.89
97.8
103.81
10
10.01
Book Value per Share
35.38
43.55
53.28
84.37
72.28
84.43
105.85
125.57
133.98
130.94
135.73
136.26
136.68
140.15
145.06
145.38
145.54
Tangible Book Value per Share
23
23
23
26
34
34
34
31
31
31
31
31
31
31
31
31
31
Basic Weighted Avg Shares
1,968
2,685
2,908
3,612
3,851
4,450
5,079
6,551
5,929
5,238
5,203
5,404
6,359
7,064
8,384
8,659
8,659
Sales/Revenue/Turnover
8.72
11.51
13.57
14.3
15.69
19.79
19.7
18.37
13.18
6.83
5.84
0.77
2.88
3.71
5.19
2.97
2.97
Operating Margin (%)
105
124
134
157
188
190
220
379
399
425
447
445
472
491
515
570
570
Depreciation Expense
76
165
214
461
490
636
753
953
574
299
256
12
52
96
242
121
121
Net Income, GAAP
- -
6.89
27.26
20.97
31.68
34.63
33.69
32.38
33.18
7.85
21.05
48.58
42.45
31.03
25.65
26.45
26.45
Effective Tax Rate (%)
3.85
6.16
7.34
12.77
12.71
14.3
14.83
14.54
9.68
5.71
4.92
0.22
0.82
1.36
2.88
1.4
1.4
Profit Margin (%)
-117
71
225
1,153
1,498
1,457
1,902
484
542
525
919
930
959
988
625
323
323
Working Capital
150
414
452
373
417
224
85
432
405
352
212
363
330
403
257
249
249
LT Debt
834
1,012
1,227
2,193
2,510
2,920
3,652
3,988
4,296
4,229
4,393
4,383
4,395
4,470
4,656
4,666
4,666
Total Equity
- -
21.13
15.81
18.19
14.95
18.29
18.32
17.49
9.54
6.02
4.44
0.4
1.92
3.16
5.39
3.08
3.08
Return on Invested Capital (%)
- -
45.54
23.73
48.12
36.58
36.67
33.86
31.55
15.88
8.94
7.14
0.89
2.37
3.83
7.38
6.19
6.19
Return on Capital (%)
44.29
81.15
104.65
87.92
50.01
47.24
38.99
39.19
20.79
10
8.11
0.38
1.75
3.14
7.62
6.78
6.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,248
- -
1,198
LT Borrowings
67
- -
172
LT Finance Leases
118
- -
76
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
- -
31
Market Capitalization
15,621
13,737
8,582

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
3,362
- -
3,578
Cash, Cash Equivalents & STI
78
- -
45
Accounts Receivable, Net
1,922
- -
2,162
Inventories
1,140
- -
1,169
Total Current Liabilities
2,994
- -
3,255
Payables & Accruals
- -
- -
- -
ST Debt
1,248
- -
1,198
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.04%
1.23%
0.23%
Free Cash Flow
-75.55%
8.1%
256.98%
Net Income, GAAP
37.31%
86.05%
-49.74%
Sales/Revenue/Turnover
7.59%
10.92%
3.28%
Total Cash Common Dividend
- -
- -
146.66%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,682
1,784
1,738
1,859
7,064
2025
2,221
2,161
2,108
1,895
8,384
2026
2,047
2,191
2,161
2,260
8,659

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
0.46
0.49
- -
3.04
2025
2.59
2.48
1.64
0.97
7.68
2026
0.8
1.44
1.11
0.51
3.86

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
2.47
Similar Companies
Toyoda Gosei Co., Ltd. (TGOSY)
J-MAX Co.,Ltd. (3422.T)
Aotecar New Energy Technology Co., Ltd. (002239.SZ)
Toyota Boshoku Corporation (TDBOF)
Goodyear India Limited (GOODYEAR.NS)
Scandinavian Brake Systems A/S (SBS.CO)
Business
Igarashi Motors India Limited specializes in the development and production of electric micro motors and associated components, primarily catering to the global automotive industry, with significant operations extending across India, the United States, Japan, Germany, and China. The company's comprehensive product portfolio encompasses actuator motors for critical automotive applications such as engine air management, various safety functions like electronic parking brakes, and body systems, alongside sub-assemblies for seats, fuel pumps, and window lifts. Expanding its reach, Igarashi Motors also supplies advanced Brushless DC (BLDC) motors for electric vehicles and the Fast Moving Electrical Goods (FMEG) sector, including high-efficiency ceiling and other domestic fans. Founded in 1992 and based in Chennai, India, the enterprise initially operated as CG Igarashi Motors Limited before adopting its current name in July 2003. With a focus on custom-engineered, technologically adaptable solutions, Igarashi Motors functions as a subsidiary of Agile Electric Sub Assembly Private Limited, upholding a legacy of precision manufacturing and a broad international footprint.