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India Nipp.Elec.

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE092B01025
  • NSEID: INDNIPPON
  • BSEID: 532240
INR
600.90
1.3 (0.22%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 14.12 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

14.12 k (87.09%) Volume

Shareholding (Dec 2024)

FII

0.21%

Held by 16 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

70.37%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 9.93% and Operating profit at 3.70% over the last 5 years

 
2

Stock is technically in a Bearish range

3

Despite the size of the company, domestic mutual funds hold only 0% of the company

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 1,359 Cr (Small Cap)

stock-summary
P/E

18.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

2.08%

stock-summary
Debt Equity

-0.25

stock-summary
Return on Equity

10.79%

stock-summary
Price to Book

2.04

Revenue and Profits (1 Year):
Net Sales:
215 Cr
(Quarterly Results - Dec 2024)
Net Profit:
16 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.08%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-14.3%
1.88%
-12.42%
1 Year
-17.17%
1.81%
-15.36%
2 Years
66.71%
6.38%
73.09%
3 Years
25.1%
8.51%
33.61%
4 Years
62.06%
10.50%
72.56%
5 Years
196.37%
19.32%
215.69%

Latest dividend: 12.5 per share ex-dividend date: Feb-21-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
9.93%
EBIT Growth (5y)
3.70%
EBIT to Interest (avg)
44.71
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.12
Tax Ratio
23.59%
Dividend Payout Ratio
39.10%
Pledged Shares
0
Institutional Holding
0.21%
ROCE (avg)
12.24%
ROE (avg)
9.45%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
28
Price to Book Value
2.04
EV to EBIT
17.11
EV to EBITDA
13.60
EV to Capital Employed
2.38
EV to Sales
1.48
PEG Ratio
0.42
Dividend Yield
2.08%
ROCE (Latest)
12.34%
ROE (Latest)
10.79%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 16 FIIs (0.21%)

Promoter with highest holding

Lucas Indian Service Limited (70.32%)

Highest Public shareholder

None

Individual Investors Holdings

25.08%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 2.30% vs 12.49% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -24.57% vs 16.65% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "214.67",
          "val2": "209.85",
          "chgp": "2.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "25.73",
          "val2": "23.61",
          "chgp": "8.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.07",
          "val2": "0.10",
          "chgp": "-30.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "15.96",
          "val2": "21.16",
          "chgp": "-24.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.99%",
          "val2": "11.25%",
          "chgp": "0.74%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 13.41% vs 2.18% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 46.64% vs 31.05% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "396.40",
          "val2": "349.54",
          "chgp": "13.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "40.33",
          "val2": "29.58",
          "chgp": "36.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.24",
          "val2": "0.20",
          "chgp": "20.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "39.30",
          "val2": "26.80",
          "chgp": "46.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.17%",
          "val2": "8.46%",
          "chgp": "1.71%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.65% vs 6.04% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 42.13% vs 14.32% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "611.07",
          "val2": "528.40",
          "chgp": "15.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "66.06",
          "val2": "44.78",
          "chgp": "47.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.31",
          "val2": "0.30",
          "chgp": "3.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "55.26",
          "val2": "38.88",
          "chgp": "42.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.81%",
          "val2": "8.47%",
          "chgp": "2.34%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 10.34% vs 15.89% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 22.95% vs -4.02% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "724.08",
          "val2": "656.25",
          "chgp": "10.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "66.39",
          "val2": "52.90",
          "chgp": "25.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.39",
          "val2": "0.42",
          "chgp": "-7.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "59.30",
          "val2": "48.23",
          "chgp": "22.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.17%",
          "val2": "8.06%",
          "chgp": "1.11%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
214.67
209.85
2.30%
Operating Profit (PBDIT) excl Other Income
25.73
23.61
8.98%
Interest
0.07
0.10
-30.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
15.96
21.16
-24.57%
Operating Profit Margin (Excl OI)
11.99%
11.25%
0.74%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 2.30% vs 12.49% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -24.57% vs 16.65% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
396.40
349.54
13.41%
Operating Profit (PBDIT) excl Other Income
40.33
29.58
36.34%
Interest
0.24
0.20
20.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
39.30
26.80
46.64%
Operating Profit Margin (Excl OI)
10.17%
8.46%
1.71%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 13.41% vs 2.18% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 46.64% vs 31.05% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
611.07
528.40
15.65%
Operating Profit (PBDIT) excl Other Income
66.06
44.78
47.52%
Interest
0.31
0.30
3.33%
Exceptional Items
0.00
0.00
Consolidate Net Profit
55.26
38.88
42.13%
Operating Profit Margin (Excl OI)
10.81%
8.47%
2.34%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 15.65% vs 6.04% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 42.13% vs 14.32% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
724.08
656.25
10.34%
Operating Profit (PBDIT) excl Other Income
66.39
52.90
25.50%
Interest
0.39
0.42
-7.14%
Exceptional Items
0.00
0.00
Consolidate Net Profit
59.30
48.23
22.95%
Operating Profit Margin (Excl OI)
9.17%
8.06%
1.11%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 10.34% vs 15.89% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 22.95% vs -4.02% in Mar 2023

stock-summaryCompany CV
About India Nippon Electricals Ltd stock-summary
stock-summary
India Nippon Electricals Ltd
Small Cap
Auto Ancillary
India Nippon Electricals Ltd (INEL), established in 1985 is a leading manufacturer of Ignition Systems for auto industry with special focus on two-wheeler industry in technical collaboration with Mahle Electric Drives Japan Corporation, Japan. In addition to the support from the collaborators, the Company has a developed Research & Development centre recognised by DSIR,Govt of India. The Company has three manufacturing facilities in India and supplies to domestic as well as overseas markets.
Company Coordinates stock-summary
Company Details
No 11 & 13, Patullos Road Chennai Tamil Nadu : 600002
stock-summary
Tel: 91-44-28460063
stock-summary
inelcorp@inel.co.in
Registrar Details
Sundaram-Clayton Ltd , Jayalakshmi Estates, 5th Floor, No 29 (Old 8), Post Box No. 732, Haddows Road, Chennai