INDNIPPON Stock Overview
India Nippon Electricals Limited designs, manufactures, and sells electronic ignition systems for automotive industry in India and internationally.
India Nippon Electricals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹443.85|
|52 Week High||₹640.80|
|52 Week Low||₹319.70|
|1 Month Change||5.32%|
|3 Month Change||11.58%|
|1 Year Change||16.09%|
|3 Year Change||38.51%|
|5 Year Change||-19.99%|
|Change since IPO||343.85%|
Recent News & Updates
India Nippon Electricals (NSE:INDNIPPON) Is Reinvesting At Lower Rates Of Return
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
|INDNIPPON||IN Auto Components||IN Market|
Return vs Industry: INDNIPPON exceeded the Indian Auto Components industry which returned -1.5% over the past year.
Return vs Market: INDNIPPON exceeded the Indian Market which returned -0.7% over the past year.
|INDNIPPON Average Weekly Movement||4.5%|
|Auto Components Industry Average Movement||5.7%|
|Market Average Movement||5.9%|
|10% most volatile stocks in IN Market||9.2%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: INDNIPPON is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: INDNIPPON's weekly volatility (5%) has been stable over the past year.
About the Company
India Nippon Electricals Limited designs, manufactures, and sells electronic ignition systems for automotive 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; engine controller units; auto choke-generation purpose engines; dual output ignition products; PM alternators; rotax Ig.coils; internal units; and regulators. It also provides spark plugs, ignition wiring harnesses, power windows, door systems, electronic and governor control units, dynamos, dual output Ig.coils, converters, immobilizers, DC-DC converters, and body control modules.
India Nippon Electricals Fundamentals Summary
|INDNIPPON fundamental statistics|
Is INDNIPPON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INDNIPPON income statement (TTM)|
|Cost of Revenue||₹4.28b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||22.31|
|Net Profit Margin||8.25%|
How did INDNIPPON perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is INDNIPPON undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for INDNIPPON?
Other financial metrics that can be useful for relative valuation.
|What is INDNIPPON's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does INDNIPPON's PE Ratio compare to its peers?
|INDNIPPON PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
539636 Precision Camshafts
505800 Rane Holdings
515043 Saint-Gobain Sekurit India
533477 Enkei Wheels (India)
INDNIPPON India Nippon Electricals
Price-To-Earnings vs Peers: INDNIPPON is good value based on its Price-To-Earnings Ratio (19.9x) compared to the peer average (35x).
Price to Earnings Ratio vs Industry
How does INDNIPPON's PE Ratio compare vs other companies in the IN Auto Components Industry?
Price-To-Earnings vs Industry: INDNIPPON is good value based on its Price-To-Earnings Ratio (19.9x) compared to the Indian Auto Components industry average (22.2x)
Price to Earnings Ratio vs Fair Ratio
What is INDNIPPON's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||19.9x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate INDNIPPON's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of INDNIPPON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: INDNIPPON (₹443.85) is trading above our estimate of fair value (₹59.4)
Significantly Below Fair Value: INDNIPPON is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is India Nippon Electricals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as India Nippon Electricals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine India Nippon Electricals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- India Nippon Electricals competitive advantages and company strategy can generally be found in its financial reports archived here.
How has India Nippon Electricals performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDNIPPON has high quality earnings.
Growing Profit Margin: INDNIPPON's current net profit margins (8.3%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: INDNIPPON's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: INDNIPPON's earnings growth over the past year (3.6%) exceeds its 5-year average (-6.6% per year).
Earnings vs Industry: INDNIPPON earnings growth over the past year (3.6%) underperformed the Auto Components industry 15.1%.
Return on Equity
High ROE: INDNIPPON's Return on Equity (10%) is considered low.
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How is India Nippon Electricals's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: INDNIPPON's short term assets (₹3.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: INDNIPPON's short term assets (₹3.5B) exceed its long term liabilities (₹273.9M).
Debt to Equity History and Analysis
Debt Level: INDNIPPON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if INDNIPPON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: INDNIPPON's debt is well covered by operating cash flow (180.4%).
Interest Coverage: INDNIPPON's interest payments on its debt are well covered by EBIT (85.8x coverage).
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What is India Nippon Electricals's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|India Nippon Electricals Dividend Yield vs Market|
|Company (India Nippon Electricals)||1.4%|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Auto Components)||0.6%|
|Analyst forecast in 3 Years (India Nippon Electricals)||n/a|
Notable Dividend: INDNIPPON's dividend (1.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: INDNIPPON's dividend (1.41%) is low compared to the top 25% of dividend payers in the Indian market (1.59%).
Stability and Growth of Payments
Stable Dividend: INDNIPPON's dividend payments have been volatile in the past 10 years.
Growing Dividend: INDNIPPON's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), INDNIPPON's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: INDNIPPON is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Arvind Balaji (48 yo)
Mr. Arvind Balaji has been the Managing Director of India Nippon Electricals Limited since August 2014. Mr. Balaji is the Joint Managing Director at Lucas-TVS Limited since February 2004. Mr. Balaji has be...
CEO Compensation Analysis
|Arvind Balaji's Compensation vs India Nippon Electricals Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||₹23m||₹14m|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||₹22m||₹11m|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||₹28m||₹10m|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||₹30m||₹9m|
|Mar 31 2018||₹21m||₹7m|
|Mar 31 2017||₹15m||₹6m|
|Mar 31 2016||₹11m||₹5m|
Compensation vs Market: Arvind's total compensation ($USD275.67K) is above average for companies of similar size in the Indian market ($USD44.24K).
Compensation vs Earnings: Arvind's compensation has been consistent with company performance over the past year.
Experienced Management: INDNIPPON's management team is seasoned and experienced (7.2 years average tenure).
Experienced Board: INDNIPPON's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|15 Feb 22||Buy₹399,213,771||T V Sundram Iyengar & Sons Private Limited||Company||889,042||₹449.04|
|15 Feb 22||Sell₹177,806,195||Harita Trade and Services Private Limited||Company||397,042||₹447.83|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||100,322||0.4%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
India Nippon Electricals Limited's employee growth, exchange listings and data sources
- Name: India Nippon Electricals Limited
- Ticker: INDNIPPON
- Exchange: NSEI
- Founded: 1984
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: ₹10.041b
- Shares outstanding: 22.62m
- Website: https://www.indianippon.com
Number of Employees
- India Nippon Electricals Limited
- No. 11 & 13, Patullos Road
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532240||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 1997|
|INDNIPPON||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 1997|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/06 00:00|
|End of Day Share Price||2022/10/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.