INDNIPPONUpdated 1 Sept 2026, 2:08

India Nippon Elect Ltd

INDNIPPONUpdated 1 Sept 2026, 2:08

Market Cap

₹2,375Cr.

Current Price

₹1,051

High / Low

₹1,279/653

Stock P/E

23.0

ROE11.9%

ROCE17.0%

Book Value₹363

Face Value₹5.00

Dividend Yield1.48%

About

India Nippon Electricals is a manufacturer of Ignition Systems for two-wheelers, three-wheelers, and portable engines[1]It was incorporated in 1984 and was converted into a joint venture in 1986 between Lucas Indian Service Ltd, a wholly-owned subsidiary of Lucas-TVS Ltd and MAHLE Electric Drives Japan Corporation(Japan) – a company of MAHLE Group[2]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Jun 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	71	66	69	75	72	67	83	76	66	71	73	71
Inventory Days	29	39	35	38	38	45	49	46	45	51	46	45
Days Payable	48	60	97	94	80	88	103	83	77	95	89	72
Cash Conversion Cycle	52	45	7	20	30	24	29	39	35	27	30	43
Working Capital Days	39	26	9	23	32	33	35	49	38	29	37	46
ROCE %	14%	15%	15%	22%	23%	15%	12%	9%	12%	13%	15%	17%

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 1 September 2026 at 2:08

INDIA NIPPON ELECT LTD (INDNIPPON) financials — quarterly results, P&L, cash flow, balance sheet, shareholding