India Nippon Electricals Limited (INDNIPPON) AI Stock Analysis

• Market Cap: ₹21.36B
• Dividend Yield: 1.33%
• Average Volume (3M): 5.42K
• Price to Earnings (P/E): 24.5
• Beta (1Y): 1.11
• Revenue Growth: 17.61%
• EPS Growth: 28.12%
• Country: IN
• Employees: 590
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 10.26
• Shares Outstanding: 22,621,424
• 10 Day Avg. Volume: 1,225
• 30 Day Avg. Volume: 5,421
• PEG Ratio: 0.43
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 1.61
• P/FCF Ratio: 41.08
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹1,100.00 ▲(9.47% Upside)

India Nippon Electricals Limited demonstrates solid financial performance with strong revenue growth and a robust balance sheet. Technical analysis indicates positive market momentum, supporting the stock's potential for appreciation. However, valuation metrics suggest the stock is moderately priced, with a relatively low dividend yield. The absence of earnings call insights and corporate events limits additional context.

India Nippon Electricals Limited Business Overview & Revenue Model

Company Description

India Nippon Electricals Limited designs, manufactures, and sells electronic ignition systems for auto industry in India and internationally. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products; regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Its products have applications in two-wheelers, three wheelers, and portable engines. The company was incorporated in 1984 and is based in Chennai, India.

How the Company Makes Money

India Nippon Electricals Limited generates revenue primarily through the sale of its automotive electrical components and systems to various automobile manufacturers. The company's key revenue streams include the production of ignition systems, voltage regulators, and other electronic components tailored for both two-wheelers and four-wheelers. Significant partnerships with major automotive manufacturers enhance its market reach and revenue potential. Additionally, INDNIPPON invests in research and development to innovate new products and improve existing ones, thereby increasing its competitiveness and customer base. The company also benefits from the growing automotive market in India, which drives higher demand for its products.

India Nippon Electricals Limited Financial Statement Overview

Summary

India Nippon Electricals Limited exhibits strong financial health with steady revenue growth and profitability. The balance sheet is solid with low leverage and a high equity ratio, underscoring financial stability. However, the decrease in free cash flow highlights a potential risk in cash management, which could impact liquidity if not addressed.

Income Statement

India Nippon Electricals Limited demonstrated a solid revenue growth with a notable increase in Total Revenue from 2024 to 2025, alongside a strong Gross Profit Margin of 13.8% in 2025. The Net Profit Margin improved significantly to 9.7% in 2025, indicating enhanced profitability. However, the decline in Gross Profit from 2024 to 2025 suggests cost pressures that could affect future margins.

Balance Sheet

The company maintains a strong Balance Sheet with a low Debt-to-Equity Ratio of 0.003, indicating minimal leverage. The Equity Ratio is robust at 75.7%, reflecting financial stability and a strong asset base. However, a small increase in Total Liabilities from 2024 to 2025 warrants monitoring.

Cash Flow

Free Cash Flow decreased from 2024 to 2025, implying potential challenges in cash generation. The Operating Cash Flow to Net Income Ratio of 0.69 in 2025 suggests moderate cash conversion efficiency. The reduction in free cash flow growth could constrain future investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.83B	8.45B	7.24B	6.56B	5.66B	4.81B
Gross Profit	2.41B	1.17B	2.15B	2.02B	1.53B	1.45B
EBITDA	1.31B	1.24B	912.60M	754.60M	748.80M	615.15M
Net Income	873.50M	822.80M	593.00M	482.30M	502.50M	396.33M
Balance Sheet
Total Assets	0.00	9.39B	8.37B	7.18B	6.41B	5.93B
Cash, Cash Equivalents and Short-Term Investments	1.68B	1.68B	1.99B	1.74B	1.69B	1.51B
Total Debt	0.00	21.10M	29.40M	36.50M	39.17M	45.82M
Total Liabilities	-7.11B	2.28B	2.14B	1.57B	1.37B	1.42B
Stockholders Equity	7.11B	7.11B	6.23B	5.60B	5.04B	4.51B
Cash Flow
Free Cash Flow	0.00	331.70M	387.00M	316.50M	-206.76M	11.12M
Operating Cash Flow	0.00	564.20M	626.90M	568.60M	70.52M	382.47M
Investing Cash Flow	0.00	-194.00M	-386.00M	-456.70M	280.77M	-335.36M
Financing Cash Flow	0.00	-293.60M	-246.00M	-219.10M	-152.72M	-146.79M

India Nippon Electricals Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1004.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDNIPPON, the sentiment is Neutral. The current price of 1004.85 is above the 20-day moving average (MA) of 988.44, above the 50-day MA of 954.22, and above the 200-day MA of 742.42, indicating a neutral trend. The MACD of -2.96 indicates Positive momentum. The RSI at 44.72 is Neutral, neither overbought nor oversold. The STOCH value of 13.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:INDNIPPON.

India Nippon Electricals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STERTOOLS	72 Outperform	₹11.07B	22.59	―	0.87%	-5.67%	-19.62%
INDNIPPON	67 Neutral	₹21.36B	24.46	―	1.33%	17.61%	28.12%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HITECHGEAR	60 Neutral	₹14.53B	45.18	―	0.67%	-20.12%	-73.06%
ROTO	57 Neutral	₹12.93B	37.90	―	0.40%	10.30%	-8.34%
SALZERELEC	56 Neutral	₹13.59B	24.40	―	0.35%	21.51%	-17.75%

India Nippon Electricals Limited Corporate Events

India Nippon Electricals Concludes 40th AGM with All Resolutions Approved

India Nippon Electricals Limited announced the successful conclusion of its 40th Annual General Meeting held on September 19, 2025, where all resolutions were approved by shareholders with the requisite majority. The meeting, conducted via video conferencing, saw participation from both promoters and public shareholders, and the voting results, along with the scrutinizer’s report, are available on the company’s website, reflecting transparency and adherence to regulatory requirements.

India Nippon Electricals Launches Special Share Transfer Window and Campaign

India Nippon Electricals Limited has announced a special window for the re-lodgement of transfer requests for physical shares and launched the ‘100 Days Campaign – Saksham Niveshak’. This initiative is aimed at facilitating shareholders in managing their physical shareholdings more efficiently, potentially impacting the company’s shareholder engagement and operational efficiency.

India Nippon Electricals Releases Voluntary Sustainability Report for FY 2024-25

India Nippon Electricals Limited has voluntarily submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25 to the stock exchanges, aligning with the Securities and Exchange Board of India’s regulations. This initiative underscores the company’s dedication to transparency and sustainable business practices, potentially enhancing its reputation and stakeholder trust.

India Nippon Electricals Announces Book Closure for AGM

India Nippon Electricals Limited has announced the closure of its Register of Members and Share Transfer Books from September 13 to September 19, 2025, in preparation for its Annual General Meeting. This announcement is significant for shareholders and stakeholders as it marks a key administrative step in the company’s annual governance and financial reporting process.

India Nippon Electricals Announces Key Appointments and Financial Results

India Nippon Electricals Limited announced several key updates following its board meeting on August 13, 2025. The board approved the unaudited financial results for the quarter ending June 30, 2025, and appointed M/s S.A.E. & Associates LLP as Secretarial Auditors for a five-year term. Additionally, the company scheduled its 40th Annual General Meeting for September 19, 2025, and appointed Mr. K Kanakaraju as the new Chief Technology Officer. These developments indicate strategic planning and leadership strengthening, potentially enhancing the company’s operational efficiency and market position.

India Nippon Electricals Announces Key Appointments and Financial Results

India Nippon Electricals Limited announced several key updates following a board meeting on August 13, 2025. The company released its unaudited financial results for the quarter ending June 30, 2025, and appointed M/s S.A.E. & Associates LLP as Secretarial Auditors for a five-year term. Additionally, the company scheduled its 40th Annual General Meeting for September 19, 2025, and appointed Mr. K Kanakaraju as the new Chief Technology Officer. These developments are expected to strengthen the company’s operational framework and enhance its strategic positioning in the industry.