NIPPOBATRY

Indo-National Ltd.

NSE: NIPPOBATRY

BSE: 504058

Sector: Fast Moving Consumer Goods

Industry Group: Household Products

Industry: Household Products

319.00-1.0 (-0.31%)

21 Sep, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

23.4 / 100

Value Score

69.6 / 100

Price Momentum Score

34.4 / 100

QVM Score

30.3 / 100

Key Metrics

Market Cap

239.25

P/E (TTM)

P/B

0.79

P/S (TTM)

0.53

EV/EBITDA

CAPE (5Y)

11.03

ROE (TTM)

-7.00

ROCE (TTM)

-7.08

ROA (TTM)

-4.57

Avg 3Y ROE

10.83

Earnings 3Y CAGR

-82.28

Sales 3Y CAGR

-7.80

Sales 5Y CAGR

-3.90

Debt/Equity

0.11

Consensus TP

Strong Buy %

Promoter Holding

65.35

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Indo-National Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.11 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.03 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Stock is fairly expensive with negative EPS on a trailing 12-month basis

Earnings yield of -10.6% indicates that the stock is very expensive and has a negative EPS on a trailing 12-month basis

What is Earnings yield (E/P)?

Low and declining ROE

The company reported low ROE of -7.0% for 12-month ended 30 Jun 2026 and ROE declined by -4247 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of -7.6% for 12-month ended 30 Jun 2026 and operating margin declined by -301 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -3.56% for 12-month ended 30 Jun 2026 and the growth was 6.64 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 3.08

Value -3.56

-13.571513.84

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -186.93% for 12-month ended 30 Jun 2026 and the growth was 169.17 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 61.4 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

61.4 / 100

Moderate dividend yield

The company has a moderate dividend yield of 1.18%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Indo-National Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Indo-National Ltd. Shareholding Pattern

Quarterly breakdown of Indo-National Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35
Indian Promoter	65.35	65.35	65.35	59.01	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35	65.35
Foreign Promoter	-	-	-	6.34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	5.33	5.33	5.33	5.33	5.33	4.77	0.16	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.00	0.04	0.00	0.00	0.01	0.00	0.02	0.00	0.00
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	5.33	5.33	5.33	5.33	5.33	4.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.16	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.00	0.04	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	29.31	29.31	29.31	29.31	29.31	29.87	34.49	34.64	34.52	34.65	34.65	34.65	34.65	34.64	34.65	34.65	34.61	34.65	34.60	34.65	34.65	34.63	34.64	34.63	34.65	34.65
Bodies Corporate	4.38	4.08	4.07	3.97	4.05	3.20	4.22	4.80	4.84	4.69	4.62	4.13	4.00	4.04	4.25	4.56	5.16	3.85	3.38	3.27	3.12	3.23	3.22	3.15	3.11	3.09
Others (incl. Retail) No. of shareholders	24.93 7,355	25.23 7,387	25.24 7,209	25.34 6,995	25.26 7,041	26.67 7,458	30.27 9,908	29.84 11,481	29.68 11,674	29.96 12,121	30.03 12,530	30.52 11,632	30.65 11,763	30.60 11,656	30.40 11,163	30.09 10,083	29.45 10,921	30.80 12,909	31.22 13,326	31.38 13,382	31.53 13,604	31.40 13,858	31.42 13,885	31.48 13,748	31.54 13,855	31.56 14,191

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Indo-National Ltd. is not part of any tracked index.

Prominent Investor Holdings

Sharad Kanayalal Shah and Associates

Jun 2026

5.38%

₹ 13 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Indo-National Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
SHAH SHARAD KANAYALAL	11 Dec 2024	buy	₹ 591.30	40.00 k	₹ 2.37 cr
MANSI SHARE AND STOCK ADVISORS PVT LTD	02 May 2024	buy	₹ 656.24	37.60 k	₹ 2.47 cr
MANSI SHARE AND STOCK ADVISORS PVT LTD	02 May 2024	sell	₹ 660.13	58.09 k	₹ 3.83 cr

Corporate Actions

History of Indo-National Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 3.75/share
Record date: 21st Sep 2026Ex-date: 21st Sep 2026
Announced on: 16th May 2026
Dividend₹ 5/share
Record date: 19th Sep 2025Ex-date: 19th Sep 2025
Announced on: 20th May 2025
Dividend₹ 5/share
Record date: 19th Sep 2024Ex-date: 19th Sep 2024
Announced on: 28th May 2024
Dividend₹ 5/share
Record date: 20th Sep 2023Ex-date: 20th Sep 2023
Announced on: 23rd May 2023
Dividend₹ 5/share
Record date: 20th Sep 2022Ex-date: 19th Sep 2022
Announced on: 27th May 2022

Company Profile

Overview of Indo-National Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Indo National Limited is an India-based company engaged in the manufacturing and marketing of batteries, torches, light-emitting diode (LED) products, mosquito bats, electrical accessories and razors and blades. It has a range of portable lighting solutions, both in the battery-operated and recharge...

Key personnel

Mr. Pavan Kumar B. V. S.

Chief Executive Officer

Mr. S. R. Aravind Kumar

Chief Financial Officer

Mr. Arun Sriram

Chief Marketing Officer

Mr. J. Srinivasan

Compliance Officer, Company Secretary

Ms. Deepa SheshadriD

Non-Executive Independent Chairman of the Board

Mr. P. Aditya ReddyD

Joint Managing Director, Executive Director

Mr. P. Dwarakanath ReddyD

Joint Managing Director, Executive Director

Mr. B. L. N. PrasadD

Non-Executive Non-Independent Director

View all

Incorporated on

15 Jul 1972

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

523

IPO date

15 Mar 2002

Free Float

20,76,101

Website

http://www.nippo.in/html/

Phone no.

+914428272711

Address

Surya Varsh, 1st & 2nd Floor, Door No.17/9, Wallace Garden 2nd Street, Nungambakkam, CHENNAI, 600006, India

Frequently Asked Questions

What is the current share price of Indo-National Ltd.?

The current share price of Indo-National Ltd. is ₹ 319.00 as of 21 Sep 2026.

What is the market capitalisation of Indo-National Ltd.?

The market capitalisation of Indo-National Ltd. stands at ₹ 239.25 Cr.

What is the PE ratio of Indo-National Ltd.?

The Price-to-Earnings (PE) ratio of Indo-National Ltd. is - as of the latest trailing twelve months data.

What is the ROE and ROCE of Indo-National Ltd.?

Indo-National Ltd. has a Return on Equity (ROE) of -7.00% and a Return on Capital Employed (ROCE) of -7.08% as per the latest financial reports.

What is the 52-week high and low of Indo-National Ltd.?

The 52-week high of Indo-National Ltd. is - and the 52-week low is -.

What is the dividend yield of Indo-National Ltd.?

The dividend yield of Indo-National Ltd. is 1.18% based on the current market price.

What is the FII and DII holding in Indo-National Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 31.56% of Indo-National Ltd. shares.

What sector does Indo-National Ltd. belong to?

Indo-National Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Indo-National Ltd.?

The beta of Indo-National Ltd. is 0.95, indicating its price volatility relative to the broader market. Over the past 1 year, Indo-National Ltd. has delivered an absolute return of -33.53%.

What is the RSI of Indo-National Ltd.?

The 14-day Relative Strength Index (RSI) of Indo-National Ltd. is 44.30, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Indo-National Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Indo-National Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Holdings and Presence

Company Profile

Stock Analysis

Corporate Actions