INDIA NIPPON ELECT LTD (INDNIPPON) financials

INDIA NIPPON ELECT LTD (INDNIPPON) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹2,680Cr.
Current Price: ₹1,185
Stock P/E: 25.9
ROE: 11.9%
ROCE: 17.0%
Book Value: ₹363
Dividend Yield: 1.31%
52W High / Low: ₹1,566/653

In Jun 2026, INDIA NIPPON ELECT LTD (INDNIPPON) reported sales ₹304 Cr and net profit ₹27 Cr.

Annual TTM: sales ₹1,148 Cr, net profit ₹115 Cr.

Shareholding: Promoters 70.37% (Jun 2026), FIIs 0.33% (Jun 2026), DIIs 0.22% (Jun 2026), Public 29.10% (Jun 2026), No. of Shareholders 24,035% (Jun 2026).

INDNIPPON quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	210	215	234	225	273	272	299	304
Expenses	186	189	206	202	243	242	263	272
Operating Profit	24	26	28	23	30	29	37	32
OPM %	11%	12%	12%	10%	11%	11%	12%	11%
Other Income	9	2	8	12	7	9	18	8
Interest	0	0	0	0	0	0	0	0
Depreciation	4	6	6	4	4	4	5	5
Profit before tax	28	21	30	31	32	33	50	35
Tax %	26%	25%	10%	24%	28%	25%	20%	22%
Net Profit	21	16	27	23	23	25	40	27
EPS in Rs	9.34	7.02	11.89	10.30	10.26	11.02	17.61	11.95
Raw PDF	—	—	—	—	—	—	—	—

INDNIPPON profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	479	481	566	656	724	845	1,068	1,148
Expenses	422	435	515	603	658	751	950	1,020
Operating Profit	57	46	51	53	66	94	119	128
OPM %	12%	10%	9%	8%	9%	11%	11%	11%
Other Income	25	16	14	32	25	30	46	42
Interest	1	1	0	0	0	0	1	1
Depreciation	9	10	13	15	15	21	18	19
Profit before tax	72	52	52	70	76	103	146	150
Tax %	23%	21%	22%	17%	22%	20%	24%	—
Net Profit	55	41	40	58	59	82	111	115
EPS in Rs	24.40	17.99	17.80	25.58	26.21	36.26	49.18	50.84
Dividend Payout %	28%	33%	35%	36%	39%	34%	32%	—

INDNIPPON balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11	11	11	11	11	11	11	11
Reserves	390	408	439	482	549	612	700	810
Borrowings	0	5	5	4	4	3	2	2
Other Liabilities	109	104	137	132	154	211	226	244
Total Liabilities	510	529	592	630	718	837	939	1,067
Fixed Assets	61	76	86	130	134	143	154	173
CWIP	7	13	34	5	13	13	4	7
Investments	274	274	273	290	359	436	477	532
Other Assets	169	166	200	204	211	245	304	355
Total Assets	510	529	592	630	718	837	939	1,067

INDNIPPON cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	35	49	39	8	57	63	49	40
Cash from Investing Activity	-15	-5	-34	10	-33	-39	-12	-14
Cash from Financing Activity	-18	-38	-15	-15	-22	-25	-30	-36
Net Cash Flow	2	7	-10	3	2	-1	7	-10
Free Cash Flow	20	43	2	-13	32	39	26	14
CFO/OP	77%	117%	107%	35%	128%	118%	77%	60%

INDNIPPON shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	70.37%	70.37%	70.37%	70.37%	70.37%	70.37%	70.37%	70.37%
FIIs	0.21%	0.21%	0.19%	0.28%	0.37%	0.42%	0.41%	0.33%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.06%	0.22%
Public	29.43%	29.42%	29.45%	29.35%	29.25%	29.14%	29.14%	29.10%
No. of Shareholders	20,689	21,376	21,837	21,812	21,776	22,883	22,994	24,035

INDNIPPON key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	72	67	83	76	66	71	73	71
Inventory Days	38	45	49	46	45	51	46	45
Days Payable	80	88	103	83	77	95	89	72
Cash Conversion Cycle	30	24	29	39	35	27	30	43
Working Capital Days	32	33	35	49	38	29	37	46
ROCE %	23%	15%	12%	9%	12%	13%	15%	17%

INDNIPPONUpdated 14 Oct 2026, 18:33

India Nippon Elect Ltd

INDNIPPONUpdated 14 Oct 2026, 18:33

Market Cap

₹2,680Cr.

Current Price

₹1,185

High / Low

₹1,566/653

Stock P/E

25.9

ROE11.9%

ROCE17.0%

Book Value₹363

Face Value₹5.00

Dividend Yield1.31%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	160	150	6	4	12	21	9	4.1
Sep 2023	190	170	5	4	21	16	17	7.68
Dec 2023	179	164	6	4	17	30	12	5.37
Mar 2024	196	174	8	4	26	21	20	9.06
Jun 2024	187	170	11	4	23	22	18	8.01
Sep 2024	210	186	9	4	28	26	21	9.34
Dec 2024	215	189	2	6	21	25	16	7.02
Mar 2025	234	206	8	6	30	10	27	11.89
Jun 2025	225	202	12	4	31	24	23	10.3
Sep 2025	273	243	7	4	32	28	23	10.26
Dec 2025	272	242	9	4	33	25	25	11.02
Mar 2026	299	263	18	5	50	20	40	17.61
Jun 2026	304	272	8	5	35	22	27	11.95

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	328	0	294	6	8	32	29	23	10.03
Mar 2016	336	0	300	10	4	41	26	31	13.54
Mar 2017	351	0	313	14	4	47	31	32	14.34
Mar 2018	452	0	388	12	6	71	29	50	22.15
Mar 2019	525	0	448	14	8	84	29	60	26.31
Mar 2020	479	1	422	25	9	72	23	55	24.4
Mar 2021	481	1	435	16	10	52	21	41	17.99
Mar 2022	566	0	515	14	13	52	22	40	17.8
Mar 2023	656	0	603	32	15	70	17	58	25.58
Mar 2024	724	0	658	25	15	76	22	59	26.21
Mar 2025	845	0	751	30	21	103	20	82	36.26
Mar 2026	1068	1	950	46	18	146	24	111	49.18
TTM	1148	1	1020	42	19	150	—	115	50.84

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	70.37%
FIIs	0.33%
DIIs	0.22%
Public	29.1%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	70.37%	0.12%	0%	29.51%
Dec 2023	70.37%	0.15%	0%	29.49%
Mar 2024	70.37%	0.13%	0%	29.5%
Jun 2024	70.37%	0.14%	0%	29.49%
Sep 2024	70.37%	0.21%	0%	29.43%
Dec 2024	70.37%	0.21%	0%	29.42%
Mar 2025	70.37%	0.19%	0%	29.45%
Jun 2025	70.37%	0.28%	0%	29.35%
Sep 2025	70.37%	0.37%	0%	29.25%
Dec 2025	70.37%	0.42%	0.06%	29.14%
Mar 2026	70.37%	0.41%	0.06%	29.14%
Jun 2026	70.37%	0.33%	0.22%	29.1%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	11	214	0	55	281	42	1	142	97	281
Mar 2016	11	255	0	70	336	44	2	176	113	336
Mar 2017	11	277	0	86	374	52	3	214	105	374
Mar 2018	11	334	0	103	448	59	7	241	141	448
Mar 2019	11	390	0	109	510	61	7	274	169	510
Mar 2020	11	408	5	104	529	76	13	274	166	529
Mar 2021	11	439	5	137	592	86	34	273	200	592
Mar 2022	11	482	4	132	630	130	5	290	204	630
Mar 2023	11	549	4	154	718	134	13	359	211	718
Mar 2024	11	612	3	211	837	143	13	436	245	837
Mar 2025	11	700	2	226	939	154	4	477	304	939
Mar 2026	11	810	2	244	1067	173	7	532	355	1067

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	30	-18	-11	1
Mar 2016	33	-14	-17	2
Mar 2017	34	-29	-7	-1
Mar 2018	26	-17	-8	1
Mar 2019	35	-15	-18	2
Mar 2020	49	-5	-38	7
Mar 2021	39	-34	-15	-10
Mar 2022	8	10	-15	3
Mar 2023	57	-33	-22	2
Mar 2024	63	-39	-25	-1
Mar 2025	49	-12	-30	7
Mar 2026	40	-14	-36	-10

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%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDIA NIPPON ELECT LTD (INDNIPPON)?

The reported market capitalisation for INDIA NIPPON ELECT LTD (INDNIPPON) is ₹2,680Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of INDNIPPON?

The current price shown for INDIA NIPPON ELECT LTD (INDNIPPON) on Fincrux is ₹1,185 with a 52-week high/low of ₹1,566/653.

What is the P/E ratio of INDIA NIPPON ELECT LTD (INDNIPPON)?

The stock P/E for INDIA NIPPON ELECT LTD (INDNIPPON) is 25.9 on Fincrux, with ROE at 11.9% and ROCE at 17.0%.

What were INDNIPPON latest quarterly results?

For Jun 2026, INDIA NIPPON ELECT LTD (INDNIPPON) reported sales ₹304 Cr and net profit ₹27 Cr (figures in ₹ crore unless noted).

What are INDNIPPON annual sales and net profit?

For TTM, INDIA NIPPON ELECT LTD (INDNIPPON) shows sales of ₹1,148 Cr and net profit of ₹115 Cr on the Fincrux profit & loss statement.

Who owns INDIA NIPPON ELECT LTD (INDNIPPON)?

Latest shareholding for INDIA NIPPON ELECT LTD (INDNIPPON) on Fincrux: Promoters 70.37% (Jun 2026), FIIs 0.33% (Jun 2026), DIIs 0.22% (Jun 2026), Public 29.10% (Jun 2026), No. of Shareholders 24,035% (Jun 2026).

Where can I find INDIA NIPPON ELECT LTD (INDNIPPON) financials?

INDIA NIPPON ELECT LTD (INDNIPPON) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show INDNIPPON balance sheet and cash flow?

Yes. The INDIA NIPPON ELECT LTD (INDNIPPON) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

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

Last updated 14 October 2026 at 18:33