About
India Nippon Electricals Limited manufactures and sells electronic ignition systems for the automotive industry in India and internationally. The company offers AC generator/flywheel magneto products, such as stator and rotor products, as well as CDI and TCI products; regulator and rectifier units; ignition coils; exhaust gas controller and engine controller units; auto choke-generation purpose engines; dual output ignition products; throttle position sensors; and PM alternators. It also provides speed, lever, temperature, linear and rotatory position, differential/absolute, throttle position, steering angle, liquid level, pressure, TPMS, RPAS ultrasonic, and TMAP sensors. In addition, the company offers DC-DC converters, traction motors, and motor controllers; ISG machines and controllers; and EFI ECU products. Its products have applications in two-wheelers, three-wheelers, small gasoline engines, portable gensets, general purpose engines, and non-automotive industries. The company was incorporated in 1984 and is based in Chennai, India. India Nippon Electricals Limited is a subsidiary of Lucas Indian Service Limited.
Key Metrics
as of Sep 2026Market Cap2,618 Cr
P/E28.70
Div Yield1.34 %
Book Value₹363.00
52w High₹1,279.00
52w Low₹653.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 304.00 | 299.00 | 272.00 | 273.00 | 225.00 | 234.00 | 215.00 | 210.00 | 187.00 | 196.00 | 179.00 | 190.00 | 160.00 |
| Expenses | 272.00 | 263.00 | 242.00 | 243.00 | 202.00 | 206.00 | 189.00 | 186.00 | 170.00 | 174.00 | 164.00 | 170.00 | 150.00 |
| Operating Profit | 32.00 | 37.00 | 29.00 | 30.00 | 23.00 | 28.00 | 26.00 | 24.00 | 17.00 | 22.00 | 15.00 | 20.00 | 10.00 |
| OPM % | 11.00 | 12.00 | 11.00 | 11.00 | 10.00 | 12.00 | 12.00 | 11.00 | 9.00 | 11.00 | 9.00 | 10.00 | 6.00 |
| Other Income | 8.00 | 18.00 | 9.00 | 7.00 | 12.00 | 8.00 | 2.00 | 9.00 | 11.00 | 8.00 | 6.00 | 5.00 | 6.00 |
| Depreciation | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 6.00 | 6.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 35.00 | 50.00 | 33.00 | 32.00 | 31.00 | 30.00 | 21.00 | 28.00 | 23.00 | 26.00 | 17.00 | 21.00 | 12.00 |
| Tax % | 22.00 | 20.00 | 25.00 | 28.00 | 24.00 | 10.00 | 25.00 | 26.00 | 22.00 | 21.00 | 30.00 | 16.00 | 21.00 |
| Net Profit | 27.00 | 40.00 | 25.00 | 23.00 | 23.00 | 27.00 | 16.00 | 21.00 | 18.00 | 20.00 | 12.00 | 17.00 | 9.00 |
| EPS in Rs | 11.95 | 17.61 | 11.02 | 10.26 | 10.30 | 11.89 | 7.02 | 9.34 | 8.01 | 9.06 | 5.37 | 7.68 | 4.10 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,068.00 | 845.00 | 724.00 | 656.00 | 566.00 | 481.00 | 479.00 | 525.00 | 452.00 | 351.00 | 336.00 | 328.00 |
| Expenses | 950.00 | 751.00 | 658.00 | 603.00 | 515.00 | 435.00 | 422.00 | 448.00 | 388.00 | 313.00 | 300.00 | 294.00 |
| Operating Profit | 119.00 | 94.00 | 66.00 | 53.00 | 51.00 | 46.00 | 57.00 | 77.00 | 65.00 | 38.00 | 36.00 | 34.00 |
| OPM % | 11.00 | 11.00 | 9.00 | 8.00 | 9.00 | 10.00 | 12.00 | 15.00 | 14.00 | 11.00 | 11.00 | 10.00 |
| Other Income | 46.00 | 30.00 | 25.00 | 32.00 | 14.00 | 16.00 | 25.00 | 14.00 | 12.00 | 14.00 | 10.00 | 6.00 |
| Interest | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 18.00 | 21.00 | 15.00 | 15.00 | 13.00 | 10.00 | 9.00 | 8.00 | 6.00 | 4.00 | 4.00 | 8.00 |
| Profit before tax | 146.00 | 103.00 | 76.00 | 70.00 | 52.00 | 52.00 | 72.00 | 84.00 | 71.00 | 47.00 | 41.00 | 32.00 |
| Tax % | 24.00 | 20.00 | 22.00 | 17.00 | 22.00 | 21.00 | 23.00 | 29.00 | 29.00 | 31.00 | 26.00 | 29.00 |
| Net Profit | 111.00 | 82.00 | 59.00 | 58.00 | 40.00 | 41.00 | 55.00 | 60.00 | 50.00 | 32.00 | 31.00 | 23.00 |
| EPS in Rs | 49.18 | 36.26 | 26.21 | 25.58 | 17.80 | 17.99 | 24.40 | 26.31 | 22.15 | 14.34 | 13.54 | 10.03 |
| Dividend Payout % | 32.00 | 34.00 | 39.00 | 36.00 | 35.00 | 33.00 | 28.00 | 27.00 | 29.00 | 35.00 | 33.00 | 45.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Reserves | 810.00 | 700.00 | 612.00 | 549.00 | 482.00 | 439.00 | 408.00 | 390.00 | 334.00 | 277.00 | 255.00 | 214.00 |
| Borrowings | 2.00 | 2.00 | 3.00 | 4.00 | 4.00 | 5.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 244.00 | 226.00 | 211.00 | 154.00 | 132.00 | 137.00 | 104.00 | 109.00 | 103.00 | 86.00 | 70.00 | 55.00 |
| Total Liabilities | 1,067.00 | 939.00 | 837.00 | 718.00 | 630.00 | 592.00 | 529.00 | 510.00 | 448.00 | 374.00 | 336.00 | 281.00 |
| Fixed Assets | 173.00 | 154.00 | 143.00 | 134.00 | 130.00 | 86.00 | 76.00 | 61.00 | 59.00 | 52.00 | 44.00 | 42.00 |
| CWIP | 7.00 | 4.00 | 13.00 | 13.00 | 5.00 | 34.00 | 13.00 | 7.00 | 7.00 | 3.00 | 2.00 | 1.00 |
| Investments | 532.00 | 477.00 | 436.00 | 359.00 | 290.00 | 273.00 | 274.00 | 274.00 | 241.00 | 214.00 | 176.00 | 142.00 |
| Other Assets | 355.00 | 304.00 | 245.00 | 211.00 | 204.00 | 200.00 | 166.00 | 169.00 | 141.00 | 105.00 | 113.00 | 97.00 |
| Total Assets | 1,067.00 | 939.00 | 837.00 | 718.00 | 630.00 | 592.00 | 529.00 | 510.00 | 448.00 | 374.00 | 336.00 | 281.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 40.00 | 49.00 | 63.00 | 57.00 | 8.00 | 39.00 | 49.00 | 35.00 | 26.00 | 34.00 | 33.00 | 30.00 |
| Cash from Investing Activity | -14.00 | -12.00 | -39.00 | -33.00 | 10.00 | -34.00 | -5.00 | -15.00 | -17.00 | -29.00 | -14.00 | -18.00 |
| Cash from Financing Activity | -36.00 | -30.00 | -25.00 | -22.00 | -15.00 | -15.00 | -38.00 | -18.00 | -8.00 | -7.00 | -17.00 | -11.00 |
| Net Cash Flow | -10.00 | 7.00 | -1.00 | 2.00 | 3.00 | -10.00 | 7.00 | 2.00 | 1.00 | -1.00 | 2.00 | 1.00 |
| Free Cash Flow | 14.00 | 26.00 | 39.00 | 32.00 | -13.00 | 2.00 | 43.00 | 20.00 | 9.00 | 21.00 | 27.00 | 19.00 |
| CFO/OP % | 60.00 | 77.00 | 118.00 | 128.00 | 35.00 | 107.00 | 117.00 | 77.00 | 69.00 | 120.00 | 117.00 | 112.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71.00 | 73.00 | 71.00 | 66.00 | 76.00 | 83.00 | 67.00 | 72.00 | 75.00 | 69.00 | 66.00 | 71.00 |
| Inventory Days | 45.00 | 46.00 | 51.00 | 45.00 | 46.00 | 49.00 | 45.00 | 38.00 | 38.00 | 35.00 | 39.00 | 29.00 |
| Days Payable | 72.00 | 89.00 | 95.00 | 77.00 | 83.00 | 103.00 | 88.00 | 80.00 | 94.00 | 97.00 | 60.00 | 48.00 |
| Cash Conversion Cycle | 43.00 | 30.00 | 27.00 | 35.00 | 39.00 | 29.00 | 24.00 | 30.00 | 20.00 | 7.00 | 45.00 | 52.00 |
| Working Capital Days | 46.00 | 37.00 | 29.00 | 38.00 | 49.00 | 35.00 | 33.00 | 32.00 | 23.00 | 9.00 | 26.00 | 39.00 |
| ROCE % | 17.00 | 15.00 | 13.00 | 12.00 | 9.00 | 12.00 | 15.00 | 23.00 | 22.00 | 15.00 | 15.00 | 14.00 |
Corporate Actions
50 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 20 Feb 2026 | 20 Feb 2026 | — | 15.50 | |
| Dividend | 21 Feb 2025 | 21 Feb 2025 | — | 12.50 | |
| Other | 11 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 23 Feb 2024 | 23 Feb 2024 | — | 10.25 | |
| Other | 13 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 24 Feb 2023 | 24 Feb 2023 | — | 9.25 | |
| Other | 13 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 21 Feb 2022 | 22 Feb 2022 | — | 6.25 | |
| Other | 08 Sep 2021 | — | — | — | Annual General Meeting |
| Dividend | 08 Apr 2021 | 09 Apr 2021 | — | 6.00 | |
| Other | 11 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 24 Mar 2020 | 26 Mar 2020 | — | 3.75 | |
| Dividend | 18 Feb 2020 | 20 Feb 2020 | — | 3.00 | |
| Other | 08 Aug 2019 | — | — | — | Annual General Meeting |
| Dividend | 12 Apr 2019 | 15 Apr 2019 | — | 4.00 | |
| Dividend | 21 Feb 2019 | 22 Feb 2019 | — | 3.00 | |
| Other | 16 Aug 2018 | — | — | — | Annual General Meeting |
| Dividend | 17 May 2018 | 18 May 2018 | — | 3.50 | |
| Split | 21 Mar 2018 | 22 Mar 2018 | 10:5 | — | |
| Dividend | 08 Feb 2018 | 09 Feb 2018 | — | 6.00 | |
| Other | 14 Aug 2017 | — | — | — | Annual General Meeting |
| Dividend | 11 Apr 2017 | 12 Apr 2017 | — | 6.00 | |
| Dividend | 07 Feb 2017 | 08 Feb 2017 | — | 4.00 | |
| Other | 18 Aug 2016 | — | — | — | Annual General Meeting |
| Dividend | 06 Apr 2016 | 07 Apr 2016 | — | 5.00 | |
| Dividend | 10 Feb 2016 | 11 Feb 2016 | — | 4.00 | |
| Other | 10 Feb 2016 | 11 Feb 2016 | — | — | Interim Dividend - Rs 4/- Share |
| Dividend | 19 Aug 2015 | — | — | 4.50 | |
| Dividend | 18 Feb 2015 | 20 Feb 2015 | — | 4.50 | |
| Dividend | 03 Jun 2014 | — | — | 5.00 | |
| Dividend | 10 Feb 2014 | 11 Feb 2014 | — | 4.00 | |
| Other | 21 Aug 2013 | — | — | — | Annual General Meeting |
| Dividend | 10 Jun 2013 | 11 Jun 2013 | — | 5.00 | |
| Dividend | 15 Feb 2013 | 19 Feb 2013 | — | 4.00 | |
| Other | 24 Aug 2012 | — | — | — | Annual General Meeting |
| Dividend | 11 Jun 2012 | 12 Jun 2012 | — | 5.00 | |
| Dividend | 14 Feb 2012 | 15 Feb 2012 | — | 4.00 | |
| Bonus | 20 Sep 2011 | 21 Sep 2011 | 2:5 | — | |
| Other | 05 Aug 2011 | — | — | — | Annual General Meeting |
| Dividend | 09 Jun 2011 | 11 Jun 2011 | — | 1.00 | |
| Dividend | 30 Mar 2011 | 31 Mar 2011 | — | 3.50 | |
| Dividend | 04 Jan 2011 | 05 Jan 2011 | — | 5.00 | |
| Other | 20 Aug 2010 | — | — | — | Annual General Meeting |
| Dividend | 03 May 2010 | 04 May 2010 | — | 4.00 | |
| Other | 03 May 2010 | 04 May 2010 | — | — | 2nd Int Div-Rs.4/- Pr Shrpurpose Revised |
| Dividend | 23 Dec 2009 | 28 Dec 2009 | — | 3.50 | |
| Other | 26 Aug 2009 | — | — | — | Annual General Meeting |
| Dividend | 28 Apr 2009 | 30 Apr 2009 | — | 3.00 | |
| Dividend | 30 Dec 2008 | 31 Dec 2008 | — | 3.00 | NSE/BSE dividend mismatch: NSE=1.5; BSE=3.0 |
| Dividend | 30 Dec 2008 | 31 Dec 2008 | — | 1.50 | NSE/BSE dividend mismatch: NSE=1.5; BSE=3.0 |