INDNIPPON
India Nippon Electricals Limited (INDNIPPON) Stock Analysis
India Nippon Electricals Limited makes automotive electrical components such as magnetos and electronic parts for two-wheelers. It supplies OEMs with joint-venture technology heritage. The company focuses on two-wheeler electricals and lighting. It is a listed auto-electrical supplier.
Consumer Cyclical › Auto Parts
₹1,145.10
-3.56% 1W | +17.80% 52W
Market Cap
2.6k CR
P/E Ratio
22.5
52W High
₹1564
52W Low
₹675
Div. Yield
1.31%
Beta
0.4
50 DMA
₹1184.7
200 DMA
₹941.4
Profit Margin
10%
Inst. Own.
0.2%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 158 | 160 | 190 | 179 | 196 | 187 | 210 | 215 | 234 | 225 | 273 | 272 | 299 |
| Expenses | 143 | 150 | 170 | 164 | 174 | 170 | 186 | 189 | 206 | 202 | 243 | 242 | 263 |
| Operating Profit | 15 | 10 | 20 | 15 | 22 | 17 | 24 | 26 | 28 | 23 | 30 | 29 | 37 |
| OPM % | 9% | 6% | 10% | 8% | 11% | 9% | 11% | 12% | 12% | 10% | 11% | 11% | 12% |
| Other Income | 5 | 6 | 5 | 6 | 8 | 11 | 9 | 2 | 9 | 12 | 7 | 9 | 18 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 6 | 6 | 4 | 4 | 4 | 5 |
| Profit before tax | 16 | 12 | 21 | 17 | 26 | 23 | 28 | 21 | 30 | 30 | 32 | 33 | 50 |
| Tax % | 11% | 21% | 16% | 30% | 21% | 22% | 26% | 25% | 10% | 24% | 28% | 25% | 20% |
| Net Profit | 14 | 9 | 18 | 12 | 20 | 18 | 21 | 16 | 27 | 23 | 23 | 25 | 40 |
| EPS in Rs | 6.28 | 4.09 | 7.75 | 5.34 | 9.03 | 8.02 | 9.35 | 7.06 | 11.94 | 10.26 | 10.26 | 11.02 | 17.61 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 324 | 336 | 351 | 452 | 525 | 479 | 481 | 566 | 656 | 724 | 845 | 1,068 |
| Expenses | 290 | 301 | 316 | 388 | 449 | 424 | 436 | 517 | 603 | 658 | 751 | 950 |
| Operating Profit | 33 | 35 | 35 | 64 | 76 | 55 | 45 | 50 | 53 | 66 | 94 | 119 |
| OPM % | 10% | 10% | 10% | 14% | 14% | 11% | 9% | 9% | 8% | 9% | 11% | 11% |
| Other Income | 7 | 9 | 14 | 13 | 15 | 26 | 16 | 25 | 23 | 25 | 30 | 46 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 8 | 4 | 4 | 6 | 8 | 9 | 10 | 13 | 15 | 15 | 21 | 18 |
| Profit before tax | 32 | 40 | 44 | 71 | 83 | 71 | 51 | 62 | 60 | 76 | 103 | 146 |
| Tax % | 29% | 27% | 33% | 29% | 29% | 24% | 22% | 18% | 20% | 22% | 20% | 24% |
| Net Profit | 23 | 29 | 30 | 50 | 59 | 54 | 40 | 50 | 48 | 59 | 82 | 111 |
| EPS in Rs | 10.21 | 12.80 | 13.08 | 22.01 | 25.88 | 24.02 | 17.52 | 22.21 | 21.32 | 26.21 | 36.37 | 49.14 |
| Dividend Payout % | 44% | 35% | 38% | 30% | 27% | 28% | 34% | 28% | 43% | 39% | 34% | 32% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 18.0% | 17.0% | 12.0% |
| Profit CAGR | 24.0% | 18.0% | 14.0% |
Shareholding Pattern
Promoters70.37%
FIIs0.28%
Public29.35%
Promoters70.37%
FIIs0.37%
Public29.25%
Promoters70.37%
FIIs0.42%
DIIs0.06%
Public29.14%
Promoters70.37%
FIIs0.41%
DIIs0.06%
Public29.14%
Promoters70.37%
FIIs0.33%
DIIs0.22%
Public29.10%
Promoters70.38%
FIIs0.09%
Public29.53%
Promoters70.37%
FIIs0.13%
Public29.50%
Promoters70.37%
FIIs0.19%
Public29.45%
Promoters70.37%
FIIs0.41%
DIIs0.06%
Public29.14%
Promoters70.37%
FIIs0.33%
DIIs0.22%
Public29.10%
INDNIPPON
Holdings Analysis
Key strengths & risk signals
77
Overall
82
Fundamental
73
Technical
Risks (2)
RECOVERY MODE! Current price (1145.1) above 200-day but below 50-day.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.6% (1 week), 10.5% (1 month), 5.6% (3 months).
Strengths (4)
UNDERVALUED! PEG of 0.70 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (1184.7) is above 200-day average (941.4) - positive signal.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 453,641 vs down days: 63,218. Ratio: 7.18x
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
Fundamental & Technical Analysis
77Overall
82Fundamental
73Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 17.7% (VERY GOOD, 13/15). Profit CAGR: 32.1% (EXCELLENT, 15/15).
Profit Margin
5/10
LOW MARGIN! 10.0% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.70 indicates stock is cheap relative to growth.
Dividend Yield
5/10
LOW DIVIDEND! 1.31% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 29.54% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (1184.7) is above 200-day average (941.4) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (1145.1) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
6/10
POSITIVE YEAR! Stock gained 17.8% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 453,641 vs down days: 63,218. Ratio: 7.18x
RSI
4/5
APPROACHING OVERSOLD! RSI at 39.3 - watch for reversal.
52W Range
3/5
MID RANGE! Trading at 52.9% of 52W range - neutral zone.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.6% (1 week), 10.5% (1 month), 5.6% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
Peer Comparison
Consumer Cyclical · Auto Parts · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INDNIPPON | ₹1,145.10 | 22.5 | 10.0% | 17.7% | 32.1% | +17.8% | 77 | BREAKDOWN | +15.9% | -32.2% | +35.5% | +1.7% |
| FMGOETZE | ₹450.30 | 14.7 | 8.5% | 6.4% | 19.2% | -3.7% | 60 | APPROACHING SUPPORT | +0.7% | -11.4% | +8.8% | +7.7% |
| AUTOAXLES | ₹1,610.60 | 14 | 7.9% | -1.9% | 0.5% | -5.3% | 53 | BREAKDOWN | +27.7% | -15.4% | +5.6% | -22.2% |
| DIVGIITTS | ₹927.10 | 43.7 | 15.1% | 9.7% | -2.8% | +52.9% | 65 | BREAKDOWN | +183.1% | +62.6% | +91.2% | +27.4% |
| TALBROAUTO | ₹368.20 | 20.3 | 12.4% | 10.6% | 23.3% | +31.1% | 73 | BREAKDOWN | +35.1% | -5.1% | +15.3% | +0.8% |
| CARRARO | ₹507.90 | 21.7 | 5.8% | 9.7% | 39.2% | +0.1% | 69 | CONSOLIDATION | +7.9% | -24.7% | +10.5% | -10.2% |
| GNA | ₹520.00 | 16.9 | 8.1% | -2.5% | -3.5% | +74.6% | 60 | BREAKDOWN | +66.5% | +24.4% | +36.7% | +14.5% |
| RANEHOLDIN | ₹1,534.20 | 25.9 | 1.4% | 19.1% | 16.3% | -1.0% | 72 | BOUNCE FROM SUPPORT | -26.4% | -49.6% | +18.4% | -1.3% |
Data from TradeAlone · Updated daily
