Sustained Revenue GrowthRevenue growth near 15.8% indicates expanding demand and successful contract/manufacturing execution. For a B2B lighting manufacturer, sustained double-digit top-line growth supports economies of scale, stronger supplier terms and reinvestment capacity, improving business durability over coming quarters.

Healthy Equity Position & Strong ROEA high equity ratio and strong ROE signal financial stability and efficient use of shareholder capital. This structural strength enhances resilience to demand fluctuations, supports access to capital on better terms, and enables reinvestment into manufacturing capacity or new product development.

Operating Cash Flow Turned PositivePositive operating cash flow marks a durable improvement in cash conversion from core operations, reducing reliance on external funding for working capital. Over months this helps fund day-to-day operations and supports capex planning, strengthening the firm's ability to scale production.

Bears Say

Persistent Negative Free Cash FlowAlthough FCF improved, it remains negative, creating an ongoing drain on liquidity. Persistent negative FCF limits the firm's ability to self-fund capex, repay debt, or build cash buffers, increasing dependence on external financing and raising refinancing risk over the next several quarters.

Declining Net Profit MarginA falling net margin despite revenue growth points to cost pressures or non-operating expenses eroding profitability. Margin compression reduces retained earnings and cash generation, weakening the company's ability to invest in efficiency or weather cyclical downturns over a multi-month horizon.

Moderate Leverage And Liquidity RisksModerate leverage combined with liquidity concerns constrains financial flexibility. If operating cash flow slips or capex needs rise, the company may face higher interest burden or tighter covenants, limiting strategic options and increasing vulnerability to market or supply shocks over the coming months.

IKIO Lighting Limited News

IKIO Technologies Releases Q2 and H1 2025 Financial Results

An announcement from IKIO Lighting Limited ( ($IN:IKIO) ) is now available. IKIO Technologies Limited has released its...

4M ago

IKIO

IKIO Technologies Schedules Q2 & H1FY26 Earnings Call

IKIO Lighting Limited ( ($IN:IKIO) ) has provided an update. IKIO Technologies Limited has announced an upcoming earnings...

4M ago

IKIO

IKIO FAQ

What was IKIO Lighting Limited’s price range in the past 12 months?

IKIO Lighting Limited lowest stock price was ₹142.35 and its highest was ₹300.00 in the past 12 months.

What is IKIO Lighting Limited’s market cap?

IKIO Lighting Limited’s market cap is ₹11.55B.

When is IKIO Lighting Limited’s upcoming earnings report date?

IKIO Lighting Limited’s upcoming earnings report date is May 22, 2026 which is in 89 days.

How were IKIO Lighting Limited’s earnings last quarter?

IKIO Lighting Limited released its earnings results on Jan 31, 2026. The company reported ₹1.189 earnings per share for the quarter, beating the consensus estimate of N/A by ₹1.189.

Is IKIO Lighting Limited overvalued?

According to Wall Street analysts IKIO Lighting Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does IKIO Lighting Limited pay dividends?

IKIO Lighting Limited pays a Notavailable dividend of ₹1 which represents an annual dividend yield of 0.55%. See more information on IKIO Lighting Limited dividends here

What is IKIO Lighting Limited’s EPS estimate?

IKIO Lighting Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does IKIO Lighting Limited have?

IKIO Lighting Limited has 77,280,700 shares outstanding.

What happened to IKIO Lighting Limited’s price movement after its last earnings report?

IKIO Lighting Limited reported an EPS of ₹1.189 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.12%.

Which hedge fund is a major shareholder of IKIO Lighting Limited?

Currently, no hedge funds are holding shares in IN:IKIO

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

IKIO Lighting Limited

IKIO Technologies Limited designs, develops, and produces light emitting diode (LED) lighting and energy solutions in India. The company offers ODM for LED lights, switches and hardware components, LED refrigeration lights and controls, recreational vehicle components, and LED drivers. It also provides LED lighting, which includes lights, fittings, fixtures, accessories, and components; lighting solutions, including lights, drivers, and controls, to commercial refrigeration equipment manufacturers; non-lighting solutions, such as solar panels, ABS pipes, IPS controllers, rotary switches, fan regulators and assembly, lithium battery, USB chargers; and other products, including client-designed fan regulators, light strips, mouldings, and other components and spares. Its equipment and systems are used in various industries, including residential, industrial, and commercial lighting. The company was formerly known as IKIO Lighting Limited and changed its name to IKIO Technologies Limited in March 2025. IKIO Technologies Limited was incorporated in 2016 and is based in Noida, India.