India Nippon Electricals Limited designs, manufactures, and sells electronic ignition systems for auto industry in India and internationally. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has India Nippon Electricals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INDNIPPON has not had significant price volatility in the past 3 months.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: INDNIPPON underperformed the Indian Auto Components industry which returned 9.7% over the past year.
Return vs Market: INDNIPPON underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is India Nippon Electricals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat To Know Before Buying India Nippon Electricals Limited (NSE:INDNIPPON) For Its Dividend
4 months ago | Simply Wall StWhat Is India Nippon Electricals's (NSE:INDNIPPON) P/E Ratio After Its Share Price Rocketed?
5 months ago | Simply Wall StIs India Nippon Electricals Limited’s (NSE:INDNIPPON) 14% Return On Capital Employed Good News?
Is India Nippon Electricals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: INDNIPPON (₹344.75) is trading above our estimate of fair value (₹152.97)
Significantly Below Fair Value: INDNIPPON is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: INDNIPPON is good value based on its PE Ratio (27.5x) compared to the IN Auto Components industry average (29.2x).
PE vs Market: INDNIPPON is poor value based on its PE Ratio (27.5x) compared to the Indian market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INDNIPPON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INDNIPPON is overvalued based on its PB Ratio (1.9x) compared to the IN Auto Components industry average (1.3x).
How is India Nippon Electricals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Explore growth companies in the Automobiles industry.
How has India Nippon Electricals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDNIPPON has a large one-off gain of ₹136.0M impacting its June 30 2020 financial results.
Growing Profit Margin: INDNIPPON's current net profit margins (7.4%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: INDNIPPON's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: INDNIPPON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INDNIPPON had negative earnings growth (-57.5%) over the past year, making it difficult to compare to the Auto Components industry average (-56.6%).
Return on Equity
High ROE: INDNIPPON's Return on Equity (6.7%) is considered low.
How is India Nippon Electricals's financial position?
Financial Position Analysis
Short Term Liabilities: INDNIPPON's short term assets (₹3.1B) exceed its short term liabilities (₹951.1M).
Long Term Liabilities: INDNIPPON's short term assets (₹3.1B) exceed its long term liabilities (₹145.6M).
Debt to Equity History and Analysis
Debt Level: INDNIPPON is debt free.
Reducing Debt: INDNIPPON had no debt 5 years ago.
Debt Coverage: INDNIPPON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: INDNIPPON has no debt, therefore coverage of interest payments is not a concern.
What is India Nippon Electricals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INDNIPPON's dividend (1.96%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).
High Dividend: INDNIPPON's dividend (1.96%) is low compared to the top 25% of dividend payers in the Indian market (2.22%).
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.9%), INDNIPPON's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Arvind Balaji (46 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
Compensation vs Market: Arvind's total compensation ($USD375.35K) is above average for companies of similar size in the Indian market ($USD48.91K).
Compensation vs Earnings: Arvind's compensation has been consistent with company performance over the past year.
|MD & Non-Independent Director||6.08yrs||₹27.60m||no data|
|Non-Executive Chairman||no data||₹995.00k||no data|
|Independent Director||11.92yrs||₹1.19m||no data|
|Independent Director||1.42yrs||₹695.00k||no data|
|Independent Director||7.33yrs||₹1.30m||no data|
|Independent Director||6.08yrs||₹755.00k||no data|
|Non-Independent Non-Executive Director||2.67yrs||₹620.00k||no data|
|Non-Executive Independent Woman Director||6.5yrs||₹940.00k||no data|
|Non Executive Non Independent Director||no data||no data||no data|
|Non Executive Non Independent Director||4.33yrs||₹720.00k||no data|
Experienced Board: INDNIPPON's board of directors are considered experienced (6.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
India Nippon Electricals Limited's company bio, 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
- Market Cap: ₹7.799b
- 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|
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 magn ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 19:20|
|End of Day Share Price||2020/09/18 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.