IKIO Technologies Ltd

IKIO Technologies Ltd

IKIO.NS
IKIO Technologies LtdIN flagNational Stock Exchange of India
199.41
INR
-3.41
- -
15.41BMarket Cap
IKIO Technologies Ltd
IKIO.NS
(National Stock Exchange of India)

Recent

price

199.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
FRC
88.1
85.38
132.74
46.42
58.53
65.86
76.96
80.04
Revenue per Share
8.56
11.52
20.21
6.47
8.09
4.19
4.89
5.12
Basic EPS, GAAP
9.28
-3.46
-6.19
4.81
-11.88
-8.24
-8.46
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
1.05
- -
- -
Dividend per Share
12.9
23.53
41.82
16.34
26.61
30.13
9.99
10.39
Book Value per Share
14.31
25.12
43.52
18.32
73.79
75.47
78
81.12
Tangible Book Value per Share
25
25
25
77
75
74
77
74
Basic Weighted Avg Shares
2,202
2,134
3,318
3,588
4,380
4,859
5,953
5,953
Sales/Revenue/Turnover
15.47
21.4
21.9
20.6
18.69
7.35
7.84
7.84
Operating Margin (%)
41
39
51
58
120
243
309
309
Depreciation Expense
214
288
505
500
606
309
378
381
Net Income, GAAP
29.06
27.77
27.28
23.98
28.33
23.63
21.59
21.59
Effective Tax Rate (%)
9.72
13.5
15.22
13.95
13.83
6.36
6.35
6.4
Profit Margin (%)
67
421
816
563
3,790
2,989
2,822
2,822
Working Capital
263
438
474
90
239
283
249
249
LT Debt
359
629
1,089
1,422
5,528
5,620
6,094
6,094
Total Equity
- -
28.05
28.22
22.48
13.16
4.34
5.51
5.51
Return on Invested Capital (%)
- -
28.11
30.01
22.72
24.58
13.11
18.82
19.06
Return on Capital (%)
- -
63.25
61.84
43.35
37.23
14.67
25.25
25.43
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
288
- -
448
LT Borrowings
15
- -
13
LT Finance Leases
287
- -
236
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
77
- -
77
Market Capitalization
16,295
13,549
7,983

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,078
- -
4,137
Cash, Cash Equivalents & STI
914
- -
583
Accounts Receivable, Net
1,303
- -
1,330
Inventories
1,372
- -
2,011
Total Current Liabilities
1,180
- -
1,315
Payables & Accruals
- -
- -
- -
ST Debt
288
- -
448
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
80.54%
8.42%
Free Cash Flow
- -
-124.81%
7.52%
Net Income, GAAP
- -
13.77%
22.36%
Sales/Revenue/Turnover
- -
23.82%
22.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,084
1,179
1,169
948
4,380
2025
1,270
1,250
1,215
1,123
4,859
2026
1,201
1,642
1,456
1,654
5,953

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.79
2.36
2.56
- -
8.09
2025
1.6
1.67
1.01
-0.3
4.19
2026
0.31
1.3
1.39
2.13
4.89

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
1.05
2026
- -
- -
- -
- -
- -
Business
IKIO Technologies Ltd is an Original Design Manufacturer that designs, develops, manufactures and supplies LED lighting solutions, electronics, refrigeration lighting, hardware and recreational vehicle components primarily to customers in India and the United States. The company offers a diverse portfolio exceeding 1,000 SKUs including LED lights, switches and hardware components, LED refrigeration lights and controls, LED drivers, recreational vehicle components, solar panels, ABS pipes, IPS controllers, rotary switches, fan regulators, lithium batteries, USB chargers, light strips, mouldings and various custom client-designed products and spares; it provides comprehensive end-to-end solutions from product design and prototyping to customization, backward integration and turnkey manufacturing across residential, commercial, industrial, horticulture and multi-family residential segments. Founded in 2016 and headquartered in Noida, Uttar Pradesh, India, IKIO Technologies operates four manufacturing facilities, two in Uttarakhand and two in Noida, with advanced capabilities in surface-mount technology, metal fabrication, powder coating, assembly and injection moulding; it maintains subsidiaries IKIO Solutions Private Limited and Fine Technologies (India) Private Limited, acquired in fiscal 2022-23. In recent developments, the company changed its name from IKIO Lighting Limited to IKIO Technologies Limited in March 2025 to reflect its evolution into a multi-vertical technology-led enterprise; it commenced production at Block I of its greenfield expansion project, a approximately 2 lakh sq ft facility through subsidiary IKIO Solutions in 2024, with IPO proceeds from June 2023 fully allocated to debt repayment, subsidiary investments and general corporate purposes by Q3 2025; additionally, it launched new product categories in hearables and wearables, and began supplying industrial, solar products and IPS controllers to Energy Services Companies in the US market in 2025.