Indo National

₹318.35As of Sun 8 Nov 2026, 12:00 UTC

NSE:NIPPOBATRYIndustrials

Country India

PE (Fwd) —

TSR 10Y CAGR (3.97%)

Div yield 1.18%

ROE —

Electrical Equipment & Parts

Beta (5Y) 0.46

PE TTM —

TSR TTM (27.05%)

Mkt cap ₹2.437B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹358

12.55%

(61.41%)

Price above Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

(7.59)

12.83

165.02

(35.12)

(171.68%)

268.95%

1186.63%

(121.28%)

Revenue₹B

5.720

6.406

4.675

4.525

0.32%

11.99%

(27.03%)

(3.21%)

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

4.525

Revenue₹B

—

5.702

5.720

6.406

4.675

4.525

4.507

(5.62%)

(3.21)

Revenue growth%

—

0.32

11.99

(27.03)

(3.21)

(0.38)

(1.44)

—

37.55

Gross margin%

—

38.87

35.19

40.86

36.46

37.55

37.44

37.55

(6.89)

Operating margin%

—

2.37

(0.20)

3.64

(7.55)

(6.89)

(6.97)

(0.20)

(5.82)

Net margin%

—

1.39

(1.00)

1.50

26.48

(5.82)

(5.90)

1.39

—

P/E ratio (avg)x

—

50.10

—

41.56

3.666

—

41.56

—

EV/EBITx

—

29.43

—

17.14

—

23.28

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

(35.12)

EPS₹

—

10.59

(7.59)

12.83

165.02

(35.12)

(35.43)

149.75%

—

(121.28)

EPS growth%

—

(171.66)

268.95

1186.63

(121.28)

(0.89)

73.83

—

Bookvalue per sh₹

—

FCF per share₹

—

3.75

Dividend per sh₹

—

5.00

3.75

3.68

(6.94%)

—

1.18

Div yield (avg)%

—

0.94

1.22

0.94

0.83

0.92

1.16

0.94

—

Payout ratio%

—

47.21

—

38.98

3.03

—

38.98

—

7.500

Shares (diluted)M

—

7.500

◌7.500

—

Buyback yield%

—

◌—

—

D/E ratiox

—

2.388

Enterprise value₹B

—

3.980

3.076

3.998

4.537

3.067

2.388

(6.31%)

—

LT debt₹M

—

Peers (US$24.89M)

Cap (US$)

Geekay Wires Limited

30.04M

9.834x

Veto Switchgears and…

25.65M

8.110x

Plaza Wires Limited

23.53M

20.66x

Roblon A/S

24.79M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

(12.09)

(0.113)

Own earn%

—

Sh yield%

1.18

0.93

Owners

Insiders/Inst%

68.61

1.45

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

3/5

Revenue growth years

2/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

−8–4

$1 testx

—

Incr. ROIC%

—

Indo National Limited manufactures and distributes dry cell batteries, rechargeable batteries, flashlights, and general lighting products in India. It offers alkaline and zinc batteries; battery-operated and rechargeable torches; LED lighting, including battens, spotlights, down and panel light, rechargeable bulbs, and regular bulbs.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹4.525B

(5.62%)

1.00×

Cost of revenue

₹2.826B

(5.11%)

1.02×

Operating expenses

₹2.011B

(0.85%)

1.22×

Revenue by region

No breakdown available

Reinvestment returns

No breakdown available