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Indo National

  • Market Cap: Micro Cap
  • Industry: Batteries
  • ISIN: INE567A01028
  • NSEID: NIPPOBATRY
  • BSEID: 504058
INR
438.75
13.75 (3.24%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.21 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

1.21 k (-82.78%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 2 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

65.35%

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

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.44
  • The company has been able to generate a Return on Capital Employed (avg) of 6.33% signifying low profitability per unit of total capital (equity and debt)
2

The company has declared negative results in Dec'2024 after 5 consecutive positive quarters

3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

Below par performance in long term as well as near term

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

Batteries

stock-summary
Market cap

INR 329 Cr (Micro Cap)

stock-summary
P/E

3.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

1.18%

stock-summary
Debt Equity

-0.03

stock-summary
Return on Equity

31.48%

stock-summary
Price to Book

0.71

Revenue and Profits (1 Year):
Net Sales:
122 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-12 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.18%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-22.43%
0%
-22.43%
1 Year
-30.75%
0.79%
-29.96%
2 Years
32.13%
3.03%
35.16%
3 Years
5.95%
4.06%
10.01%
4 Years
18.36%
10.21%
28.57%
5 Years
98.78%
20.42%
119.2%

Latest dividend: 5 per share ex-dividend date: Sep-19-2024

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)
0.75%
EBIT Growth (5y)
-180.06%
EBIT to Interest (avg)
0.44
Debt to EBITDA (avg)
5.33
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.53
Tax Ratio
21.23%
Dividend Payout Ratio
38.98%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
7.15%
ROE (avg)
11.46%
Valuation key factors
Factor
Value
P/E Ratio
3
Industry P/E
28
Price to Book Value
0.71
EV to EBIT
-17.37
EV to EBITDA
-113.93
EV to Capital Employed
0.70
EV to Sales
0.57
PEG Ratio
NA
Dividend Yield
1.18%
ROCE (Latest)
1.18%
ROE (Latest)
31.48%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
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 2 FIIs (0.0%)

Promoter with highest holding

Dwaraknath Reddy (44.1%)

Highest Public shareholder

Sharad Kanayalal Shah (4.5%)

Individual Investors Holdings

28.99%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -27.74% vs 12.82% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -450.87% vs 407.14% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "121.63",
          "val2": "168.32",
          "chgp": "-27.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-11.16",
          "val2": "13.22",
          "chgp": "-184.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.10",
          "val2": "3.37",
          "chgp": "-97.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-12.07",
          "val2": "3.44",
          "chgp": "-450.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-9.18%",
          "val2": "7.85%",
          "chgp": "-17.03%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 -18.01% vs 8.47% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 3,500.80% vs 291.37% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "248.72",
          "val2": "303.35",
          "chgp": "-18.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-9.17",
          "val2": "9.83",
          "chgp": "-193.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.12",
          "val2": "7.10",
          "chgp": "-70.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "135.75",
          "val2": "3.77",
          "chgp": "3,500.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3.69%",
          "val2": "3.24%",
          "chgp": "-6.93%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 -21.48% vs 9.99% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1,615.40% vs 333.33% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "370.35",
          "val2": "471.67",
          "chgp": "-21.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-20.33",
          "val2": "23.05",
          "chgp": "-188.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.22",
          "val2": "10.47",
          "chgp": "-78.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "123.68",
          "val2": "7.21",
          "chgp": "1,615.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-5.49%",
          "val2": "4.89%",
          "chgp": "-10.38%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 11.99% vs 0.32% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 269.07% vs -171.66% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "640.60",
          "val2": "572.03",
          "chgp": "11.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "40.70",
          "val2": "14.64",
          "chgp": "178.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "13.75",
          "val2": "11.17",
          "chgp": "23.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "9.62",
          "val2": "-5.69",
          "chgp": "269.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.35%",
          "val2": "2.56%",
          "chgp": "3.79%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
121.63
168.32
-27.74%
Operating Profit (PBDIT) excl Other Income
-11.16
13.22
-184.42%
Interest
0.10
3.37
-97.03%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-12.07
3.44
-450.87%
Operating Profit Margin (Excl OI)
-9.18%
7.85%
-17.03%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -27.74% vs 12.82% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -450.87% vs 407.14% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
248.72
303.35
-18.01%
Operating Profit (PBDIT) excl Other Income
-9.17
9.83
-193.29%
Interest
2.12
7.10
-70.14%
Exceptional Items
0.00
0.00
Consolidate Net Profit
135.75
3.77
3,500.80%
Operating Profit Margin (Excl OI)
-3.69%
3.24%
-6.93%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -18.01% vs 8.47% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 3,500.80% vs 291.37% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
370.35
471.67
-21.48%
Operating Profit (PBDIT) excl Other Income
-20.33
23.05
-188.20%
Interest
2.22
10.47
-78.80%
Exceptional Items
0.00
0.00
Consolidate Net Profit
123.68
7.21
1,615.40%
Operating Profit Margin (Excl OI)
-5.49%
4.89%
-10.38%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -21.48% vs 9.99% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 1,615.40% vs 333.33% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
640.60
572.03
11.99%
Operating Profit (PBDIT) excl Other Income
40.70
14.64
178.01%
Interest
13.75
11.17
23.10%
Exceptional Items
0.00
0.00
Consolidate Net Profit
9.62
-5.69
269.07%
Operating Profit Margin (Excl OI)
6.35%
2.56%
3.79%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 11.99% vs 0.32% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 269.07% vs -171.66% in Mar 2023

stock-summaryCompany CV
About Indo National Ltd stock-summary
stock-summary
Indo National Ltd
Micro Cap
Batteries
Promoted by S R Jiwarajka and Matsushita Electrical Company, Japan, in 1972, Indo National Ltd (INL) was incorporated as a public limited company. The Company is in the business of manufacture and marketing of batteries, torches, LED products, mosquito bats, Electrical accessories and Razors & Blades. Nippo has 20 depots across India and has distribution network with over 3200 distributors across India. Matsushita holds 40% of INL's equity. The Indian partner is Obul Reddy.
Company Coordinates stock-summary
Company Details
Lakshmi Bhavan IVth Floor, No 609 Mount Road Chennai Tamil Nadu : 600006
stock-summary
Tel:
stock-summary
jsrinivasan@nippobatteries.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai