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India Nippon Electricals Limited (INDNIPPON)

Small Cap

Power stocks · Small cap · NSE

India Nippon Electricals Limited operates in Auto Electricals, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹1,172.9
-40.90 · -3.37%
Market cap ₹2,760 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm IST
Details
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:39 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens

Trend score and candlestick chart

61Bullish

SMA20 +4.7% / mo · MACD −

Stock trend: 61
Sector RS: —
Power FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

INDNIPPOND candles · FIT view+45.2%
Latest close ₹1172.90 on 2026-10-21
Bar
-3.3%
RSI
45
MACD hist
-9.32
52W pos
56%
Visible chart range
Candle interval
2026-10-21O ₹1212.70H ₹1213.80L ₹1139.80C ₹1172.90Vol 41,158 sh
₹701.95₹927.73₹1.15k₹1.38k₹1.61k52H₹1172.902026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

INDNIPPONNifty PowerNifty 500
-18%-8%+3%+13%21 Jul2 Sept21 Oct21 Oct 2026INDNIPPON -5.5%Nifty Power -14.5%Nifty 500 -6.5%
INDNIPPON
-5.5%
Nifty 500
-6.5%
Nifty Power
-14.5%
Vs Nifty 500
+1.0 pp
Chart stats
21 Oct 2026
From 52W high
-25.0%
₹1,564
52W range position
56%
₹675 - ₹1,564
ATR (14)
5.2%
₹61.5
Volume vs 20D
0.67x
Latest completed session
Avg traded value
₹7.6 Cr
20-session average
20D price channel
₹1,132 - ₹1,330
38.4% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST
44

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Good
65

Revenue +35.1% · PAT +17.4% YoY

Technical
Bullish
61

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+5.0%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
84

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Good · 65/100

Rev +35% YoY · PAT +17% YoY · margin expansion

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹304 Cr+35.1%+1.7%
EBITDA₹32 Cr+39.1%-13.5%
Operating margin11.0%+100 bps-100 bps
PAT₹27 Cr+17.4%-32.5%
PAT margin8.9%-134 bps-450 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
30.30
P/B
3.36
EV/EBITDA
20.16
Market Cap
2760.00Cr

Profitability

ROE
11.90%
ROCE
17.00%
ROA
10.40%
Dividend Y
1.27%

Growth (CAGR)

Revenue 5Y
17.00%
EPS 5Y
18.00%
Revenue 3Y
18.00%
EPS 3Y
24.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
119.00×
Altman Z
8.71
Book Value
363.00

Cash Flow

FCF Yield
0.80%
FCF Positive Y
12/5
OCF
40.00 Cr
EPS TTM
49.14

Shareholding

Promoter Hold
70.37%
Promoter Pledge
0.00%
Momentum 52W
62%

Financial History

Updated 21/10/2026

Revenue

₹ Cr
Latest: 304+1.7% vs prev
0304.0Sep 2023: 190Dec 2023: 179Mar 2024: 196Jun 2024: 187Sep 2024: 210Dec 2024: 215Mar 2025: 234Jun 2025: 225Sep 2025: 273Dec 2025: 272Mar 2026: 299Jun 2026: 304Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 27.0-32.5% vs prev
040.0Sep 2023: 17.0Dec 2023: 12.0Mar 2024: 20.0Jun 2024: 18.0Sep 2024: 21.0Dec 2024: 16.0Mar 2025: 27.0Jun 2025: 23.0Sep 2025: 23.0Dec 2025: 25.0Mar 2026: 40.0Jun 2026: 27.0Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Neutral

Trend is undirectional — long-term uptrend intact. RSI 45.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 rising (~4.5% over last month) — short-term momentum positive.
  • RSI(14) at 45 — sideways, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 25% off 52W high · 74% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

83
RS percentile
Stage 2 UptrendEstablished S2
1M return
-5.3%
3M return
-5.5%
6M return
+50.0%
1Y return
+19.1%
RS 1D
0
RS 20D
-3
Sector rank
#12
Industry rank
#32
Stage evidence
  • Price is 17.3% above the 30-week proxy.
  • The 50-DMA is above the 30-week proxy and its slope is rising +6.1%.
50-DMA
price below
200-DMA
price above
S2 entered
01 Jul 2026
S2 age
78 trading sessions
Sector
neutral
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 134.59-2.46%
7393113133153Sept 25Feb 26Jun 26Oct 26135
RS vs Nifty 500135

Valuation & peers

U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies

44U-SCORE
WATCHLIST

Fundamental score breakdown

U band · WATCHLIST
Valuation2/30
Growth15/25
Quality6/20
Balance Sheet12/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
44

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

44/100 · legacy band WATCHLIST

Positive drivers

  • Piotroski is strong at 8/9.
  • Balance sheet contributes 12/15 to the score.
  • Growth contributes 15/25 to the score.

Main drags

  • Valuation is weaker at 2/30; verify the latest quarterly trend.
  • Quality is weaker at 6/20; verify the latest quarterly trend.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
30.3
PB
3.4
EV/EBITDA
20.2
ROE
11.9%
ROCE
17.0%
FCF Yield
0.8%
Debt/Equity
0.0
MoS
+5.0%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
44
Previous: 44
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+5.0%
Previous: +6.6%

Score history

12 stored score snapshots. Latest stored move: -2 points.

21 Oct 2026
v4.3-runtime-valuation
44
44
44
44
44
44
44
44
44
44
46
44

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹633.52
-85.1% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹1,234.89
+5.0% MoS
PEG
1.49

Comparable companies

Peers

Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TALBROAUTO
Small
Talbros Automotive Components Limited
Auto Components
match 78
60
23.0
14.9%
+49%
UNDERVALUED
AUTOAXLES
Small
Automotive Axles Limited
Auto Components
match 77
73
13.9
16.2%
+64%
UNDERVALUED
NDRAUTO
Small
Ndr Auto Components Limited
Auto Components
match 75
57
25.7
18.9%
+35%
FAIR VALUE
PPAP
Small
PPAP Automotive Limited
Auto Components
match 71
42
79.5
-4.7%
-2%
WATCHLIST
ASAL
Small
Automotive Stampings and Assemblies Limited
Auto Components
match 71
63
21.9
128.0%
+42%
UNDERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

India Nippon Electricals Limited operates in Auto Electricals, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
84Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 97th percentile of the scored universe and 98th percentile within Power. No major sub-score weakness stands out.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
37 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
97th percentile

overall median 67 · Power: 98th pctile, median 65 · Small: 98th pctile, median 66

Evidence depth
Financial-only

37 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
95
strong · quarterly consistency

Trust positives

  • ▸Promoter holding is 70.4%.
  • ▸Promoter pledge is zero.
  • ▸FCF yield is positive at 0.8%.
  • ▸12 years of positive FCF.

Trust risks

  • ▸No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

6 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Jul - Copies of Newspaper advertisement published in "Business Standard" (English) and "Hindu" (Tamil) editions confirming completion of dispatch of Notice of the 41st Annual ....

Source: Bse

Open source ↗
Annual report

Reg. 34 (1) Annual Report. 8 Jul

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Jun - Copies of Newspaper publication informing the members, inter-alia, about the 41st Annual General Meeting of the Company, scheduled to be held through Video Conferencing ....

Source: Bse

Open source ↗
Annual report

Business Responsibility and Sustainability Reporting (BRSR) 8 Jul - India Nippon Electricals submitted voluntary BRSR for FY 2025-26 with annual report and AGM notice.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.