
About India Nippon Electricals Limited
Data last updated:
India Nippon Electricals Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Lucas Indian Service Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 12 July 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L31901TN1984PLC011021. Its GSTIN is 33AAACI0921R1ZK (Tamil Nadu). The company holds 5 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532240 and NSE: INDNIPPON.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.31 Cr. It was formerly known as India Nippon Electricals Private Limited. It is led by directors including Arvind Balaji (Managing Director) and Anant Jaivant Talaulicar.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at No. 11 & 13 (Old No. 6 & 7) Patullos Road, Chennai, Tamil Nadu, India – 600002.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,079.96 Cr, a growth of 26.5% compared to the previous year. For the same year it recorded a net profit of ₹91.21 Cr (net margin 8.4%) and EBITDA of ₹118.52 Cr (EBITDA margin 11%). The net worth stands at ₹821.33 Cr (up 15.5% YoY). Total assets are valued at ₹827.05 Cr (up 15.3% YoY).
The company has about 479 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: India Nippon Electricals. As per MCA filings, the company has satisfied charges of ₹5.47 Cr on record. Court records list 55 cases involving the company, including 39 filed by the company and 17 filed against it; 12 cases are pending. The company has 10 deals on record (10 market trades); the latest was in June 2023. The company has 12 MSME Form 1 returns on record between 2010 and 2024, listing 29 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianippon.com.
Company details
Contact details
India Nippon Electricals Limited's registered office is in Chennai, Tamil Nadu. Its website is indianippon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 11 & 13 (Old No. 6 & 7) Patullos Road, Chennai, Tamil Nadu, India – 600002
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of India Nippon Electricals Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
India Nippon Electricals operates one associated brand: India Nippon Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures electrical components for automobiles | indianippon.com |
Business activity
The main business activity of India Nippon Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of India Nippon Electricals Limited, buy the company report.
Financials of India Nippon Electricals Limited
FY 2025-26 filings availableIndia Nippon Electricals Limited reported revenue of ₹1,079.96 Cr (up 26.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,080 | 853 | 733 | 664 | 572 | 484 | 483 |
| Revenue growth | +26.5% | +16.4% | +10.4% | +16.1% | +18.2% | +0.2% | - |
| EBITDA | 119 | 93.77 | 66.39 | 52.90 | 49.59 | 45.36 | 54.93 |
| EBITDA margin | +11.0% | +11.0% | +9.1% | +8.0% | +8.7% | +9.4% | +11.4% |
| Profit before tax | 146 | 103 | 75.78 | 60.42 | 61.54 | 50.62 | 71.25 |
| Net profit | 91.21 | 82.28 | 59.30 | 48.23 | 39.90 | 39.64 | 45.53 |
| Net profit margin | +8.5% | +9.6% | +8.1% | +7.3% | +7.0% | +8.2% | +9.4% |
| EPS (₹) | 49.15 | 36.37 | 26.22 | 21.32 | 22.21 | 17.52 | 24.02 |
| Balance sheet | |||||||
| Total assets | 827 | 717 | 630 | 567 | 512 | 458 | 429 |
| Net worth | 821 | 711 | 623 | 560 | 505 | 451 | 420 |
| Total debt | 1.90 | 2.11 | 2.94 | 3.65 | 3.91 | 4.58 | 5.11 |
| Cash & bank | 6.22 | 23.65 | 18.91 | 22.82 | 36.59 | 32.67 | 28.42 |
| Net working capital | 141 | 110 | 77.33 | 92.69 | 113 | 80.03 | 73.25 |
| Cash flow | |||||||
| Cash from operations | 40.27 | 49.56 | 62.69 | 56.86 | 7.05 | 38.25 | 51.69 |
| Cash from investing | (18.47) | (12.15) | (38.60) | (45.67) | 28.08 | (33.54) | (6.58) |
| Cash from financing | (36.31) | (29.75) | (24.60) | (21.91) | (15.27) | (14.68) | (37.51) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 299 | 272 | 273 | 225 | 234 | 215 | 210 | 187 |
| Revenue growth (YoY) | +28.1% | +26.6% | +29.9% | +20.5% | +19.5% | - | - | - |
| Other income | 18.43 | 8.51 | 6.90 | 12.00 | 8.64 | 1.99 | 8.90 | 10.58 |
| EBITDA | 36.90 | 29.35 | 29.53 | 22.74 | 27.71 | 25.73 | 23.61 | 16.72 |
| EBITDA margin | +12.3% | +10.8% | +10.8% | +10.1% | +11.9% | +12.0% | +11.3% | +9.0% |
| Depreciation | 4.96 | 4.48 | 4.27 | 4.21 | 6.37 | 6.45 | 3.95 | 3.79 |
| Interest | 0.28 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.10 | 0.14 |
| Profit before tax | 50.09 | 33.30 | 32.08 | 30.45 | 29.90 | 21.20 | 28.46 | 23.37 |
| Tax | 10.26 | 8.37 | 8.88 | 7.24 | 2.88 | 5.24 | 7.30 | 5.23 |
| Net profit | 39.83 | 24.93 | 23.20 | 23.21 | 27.02 | 15.96 | 21.16 | 18.14 |
| EPS (₹) | 17.61 | 11.02 | 10.26 | 10.26 | 11.94 | 7.06 | 9.35 | 8.02 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,080 | 853 | 733 | 664 | 572 | 484 | 483 |
| Revenue growth | +26.5% | +16.4% | +10.4% | +16.1% | +18.2% | +0.2% | - |
| EBITDA | 119 | 93.84 | 66.47 | 44.93 | 50.84 | 46.39 | 56.91 |
| EBITDA margin | +11.0% | +11.0% | +9.1% | +6.8% | +8.9% | +9.6% | +11.8% |
| Profit before tax | 146 | 103 | 75.78 | 70.06 | 51.55 | 51.67 | 72.08 |
| Net profit | 91.30 | 82.03 | 59.30 | 53.68 | 34.43 | 40.69 | 46.34 |
| Net profit margin | +8.5% | +9.6% | +8.1% | +8.1% | +6.0% | +8.4% | +9.6% |
| EPS (₹) | 49.19 | 36.26 | 26.22 | 25.58 | 17.80 | 17.99 | 24.40 |
| Balance sheet | |||||||
| Total assets | 827 | 717 | 630 | 567 | 500 | 457 | 428 |
| Net worth | 821 | 711 | 623 | 560 | 494 | 450 | 419 |
| Total debt | 1.90 | 2.12 | 2.94 | 3.65 | 3.91 | 4.58 | 5.11 |
| Cash & bank | 6.22 | 19.26 | 14.81 | 18.78 | 12.91 | 25.35 | 20.78 |
| Net working capital | 141 | 105 | 73.23 | 88.66 | 89.38 | 72.79 | 65.67 |
| Cash flow | |||||||
| Cash from operations | 40.47 | 49.40 | 62.78 | 56.91 | 8.42 | 38.71 | 49.34 |
| Cash from investing | (14.28) | (12.28) | (38.75) | (32.52) | 9.91 | (33.85) | (4.74) |
| Cash from financing | (36.31) | (29.75) | (24.60) | (21.91) | (15.27) | (14.68) | (37.51) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 304 | 299 | 272 | 273 | 225 | 234 | 215 | 210 |
| Revenue growth (YoY) | +35.5% | +28.1% | +26.6% | +29.9% | +20.5% | - | - | - |
| Other income | 8.10 | 18.43 | 8.51 | 6.90 | 11.97 | 8.50 | 1.88 | 8.86 |
| Total expenses | 272 | 263 | 242 | 243 | 202 | 206 | 189 | 186 |
| EBITDA | 32.05 | 36.90 | 29.35 | 29.53 | 22.86 | 27.73 | 25.76 | 23.62 |
| EBITDA margin | +10.5% | +12.3% | +10.8% | +10.8% | +10.2% | +11.9% | +12.0% | +11.3% |
| Depreciation | 5.23 | 4.96 | 4.48 | 4.27 | 4.21 | 6.37 | 6.45 | 3.95 |
| Interest | 0.08 | 0.28 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.10 |
| Profit before tax | 34.84 | 50.09 | 33.30 | 32.08 | 30.54 | 29.78 | 21.12 | 28.43 |
| Tax | 7.81 | 10.26 | 8.37 | 8.88 | 7.24 | 2.88 | 5.24 | 7.30 |
Financial Statements
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 299 | 272 | 273 | 225 | 234 | 215 | 210 | 187 |
| Revenue growth (YoY) | +28.1% | +26.6% | +29.9% | +20.5% | +19.5% | - | - | - |
| Other income | 18.43 | 8.51 | 6.90 | 12.00 | 8.64 | 1.99 | 8.90 | 10.58 |
| EBITDA | 36.90 | 29.35 | 29.53 | 22.74 | 27.71 | 25.73 | 23.61 | 16.72 |
| EBITDA margin | +12.3% | +10.8% | +10.8% | +10.1% | +11.9% | +12.0% | +11.3% | +9.0% |
| Depreciation | 4.96 | 4.48 | 4.27 | 4.21 | 6.37 | 6.45 | 3.95 | 3.79 |
| Interest | 0.28 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.10 | 0.14 |
| Profit before tax | 50.09 | 33.30 | 32.08 | 30.45 | 29.90 | 21.20 | 28.46 | 23.37 |
| Tax | 10.26 | 8.37 | 8.88 | 7.24 | 2.88 | 5.24 | 7.30 | 5.23 |
| Net profit | 39.83 | 24.93 | 23.20 | 23.21 | 27.02 | 15.96 | 21.16 | 18.14 |
| EPS (₹) | 17.61 | 11.02 | 10.26 | 10.26 | 11.94 | 7.06 | 9.35 | 8.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,080 | 853 | 733 | 664 | 572 | 484 | 483 |
| Revenue growth | +26.5% | +16.4% | +10.4% | +16.1% | +18.2% | +0.2% | - |
| Other income | 45.84 | 30.11 | 24.87 | 22.56 | 25.29 | 16.17 | 26.29 |
| Total expenses | 961 | 760 | 667 | 611 | 522 | 438 | 428 |
| Employee cost | 119 | 98.53 | 87.97 | 79.71 | 67.89 | 66.14 | 60.40 |
| EBITDA | 119 | 93.77 | 66.39 | 52.90 | 49.59 | 45.36 | 54.93 |
| EBITDA margin | +11.0% | +11.0% | +9.1% | +8.0% | +8.7% | +9.4% | +11.4% |
| Depreciation | 17.92 | 20.56 | 15.09 | 14.62 | 12.85 | 10.35 | 9.41 |
| Interest | 0.52 | 0.39 | 0.39 | 0.42 | 0.49 | 0.56 | 0.56 |
| Profit before tax | 146 | 103 | 75.78 | 60.42 | 61.54 | 50.62 | 71.25 |
| Tax | 34.75 | 20.65 | 16.48 | 12.19 | 11.29 | 10.98 | 16.91 |
| Net profit | 91.21 | 82.28 | 59.30 | 48.23 | 39.90 | 39.64 | 45.53 |
| Net profit margin | +8.5% | +9.6% | +8.1% | +7.3% | +7.0% | +8.2% | +9.4% |
| EPS (₹) | 49.15 | 36.37 | 26.22 | 21.32 | 22.21 | 17.52 | 24.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.31 | 11.31 | 11.31 | 11.31 | 11.31 | 11.31 | 11.31 |
| Reserves & surplus | 810 | 700 | 612 | 549 | 494 | 440 | 408 |
| Shareholders' funds (net worth) | 821 | 711 | 623 | 560 | 505 | 451 | 420 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.90 | 2.11 | 2.94 | 3.65 | 3.91 | 4.58 | 5.11 |
| Total debt | 1.90 | 2.11 | 2.94 | 3.65 | 3.91 | 4.58 | 5.11 |
| Total liabilities | 827 | 717 | 630 | 567 | 512 | 458 | 429 |
| Assets | |||||||
| Gross block | 292 | 255 | 225 | 202 | 183 | 132 | 112 |
| Net block | 173 | 154 | 143 | 134 | 130 | 91.46 | 81.11 |
| Capital work in progress | 6.82 | 3.85 | 13.06 | 12.80 | 5.09 | 33.87 | 13.24 |
| Investments | 532 | 472 | 432 | 355 | 278 | 261 | 262 |
| Inventories | 90.91 | 72.21 | 69.17 | 56.06 | 49.60 | 43.77 | 38.68 |
| Sundry debtors | 206 | 170 | 142 | 119 | 118 | 109 | 88.13 |
| Cash & bank balances | 6.22 | 23.65 | 18.91 | 22.82 | 36.59 | 32.67 | 28.42 |
| Loans & advances | 30.12 | 26.73 | 17.02 | 15.05 | 16.73 | 17.39 | 12.08 |
| Total current assets | 334 | 292 | 247 | 213 | 221 | 203 | 167 |
| Total current liabilities | 193 | 183 | 170 | 121 | 108 | 123 | 94.06 |
| Net working capital | 141 | 110 | 77.33 | 92.69 | 113 | 80.03 | 73.25 |
| Total assets | 827 | 717 | 630 | 567 | 512 | 458 | 429 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 20.01 | 12.35 | 12.86 | 23.58 | 3.72 | 13.69 | 6.10 |
| Net cash from operating activities | 40.27 | 49.56 | 62.69 | 56.86 | 7.05 | 38.25 | 51.69 |
| Net cash from investing activities | (18.47) | (12.15) | (38.60) | (45.67) | 28.08 | (33.54) | (6.58) |
| Net cash from financing activities | (36.31) | (29.75) | (24.60) | (21.91) | (15.27) | (14.68) | (37.51) |
| Net change in cash | (14.51) | 7.66 | (0.51) | (10.72) | 19.86 | (9.97) | 7.59 |
| Closing cash | 6.22 | 23.65 | 18.91 | 22.82 | 36.59 | 32.67 | 28.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +26.5% | +16.4% | +10.4% | +16.1% | +18.2% | +0.2% | - |
| EBITDA growth | +26.4% | +41.2% | +25.5% | +6.7% | +9.3% | -17.4% | - |
| PBT growth | +41.8% | +35.8% | +25.4% | -1.8% | +21.6% | -29.0% | -14.1% |
| Net income growth | +10.9% | +38.8% | +23.0% | +20.9% | +0.7% | -12.9% | - |
| Revenue CAGR (3Y) | +17.6% | +14.3% | +14.9% | +11.2% | +2.5% | +1.9% | +11.2% |
| EBITDA CAGR (3Y) | +30.9% | +23.7% | +13.5% | -1.3% | -13.3% | -10.8% | +16.4% |
| Profitability & leverage | |||||||
| Net income margin | +10.3% | +9.6% | +8.1% | +7.3% | +8.8% | +8.2% | +11.3% |
| Return on capital employed | +16.9% | +15.3% | +12.7% | +11.3% | +9.9% | +11.5% | +14.5% |
| Return on net worth | +11.9% | +12.3% | +10.0% | +9.1% | +8.1% | +9.1% | +11.1% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Interest cover | 0.52 | 0.53 | 0.76 | 1.10 | 1.33 | 1.60 | 1.23 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.95 | 3.55 | 3.44 | 3.45 | 3.63 | 3.97 | 4.84 |
| Inventory turnover | 13.24 | 12.07 | 11.71 | 12.58 | 12.25 | 11.74 | 13.05 |
| Debtors turnover | 5.74 | 5.48 | 5.62 | 5.59 | 5.03 | 4.90 | 5.03 |
| EPS (₹) | 49.15 | 36.37 | 26.22 | 21.32 | 22.21 | 17.52 | 24.02 |
| Dividend per share (₹) | 15.50 | 12.50 | 10.25 | 9.25 | 6.25 | 6.00 | 6.75 |
| Book value per share (₹) | 363.10 | 314.40 | 275.53 | 247.71 | 223.34 | 199.36 | 185.57 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 304 | 299 | 272 | 273 | 225 | 234 | 215 | 210 |
| Revenue growth (YoY) | +35.5% | +28.1% | +26.6% | +29.9% | +20.5% | - | - | - |
| Other income | 8.10 | 18.43 | 8.51 | 6.90 | 11.97 | 8.50 | 1.88 | 8.86 |
| Total expenses | 272 | 263 | 242 | 243 | 202 | 206 | 189 | 186 |
| EBITDA | 32.05 | 36.90 | 29.35 | 29.53 | 22.86 | 27.73 | 25.76 | 23.62 |
| EBITDA margin | +10.5% | +12.3% | +10.8% | +10.8% | +10.2% | +11.9% | +12.0% | +11.3% |
| Depreciation | 5.23 | 4.96 | 4.48 | 4.27 | 4.21 | 6.37 | 6.45 | 3.95 |
| Interest | 0.08 | 0.28 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.10 |
| Profit before tax | 34.84 | 50.09 | 33.30 | 32.08 | 30.54 | 29.78 | 21.12 | 28.43 |
| Tax | 7.81 | 10.26 | 8.37 | 8.88 | 7.24 | 2.88 | 5.24 | 7.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,080 | 853 | 733 | 664 | 572 | 484 | 483 |
| Revenue growth | +26.5% | +16.4% | +10.4% | +16.1% | +18.2% | +0.2% | - |
| Other income | 45.81 | 29.79 | 24.79 | 40.17 | 14.05 | 16.19 | 25.14 |
| Total expenses | 961 | 760 | 667 | 619 | 521 | 437 | 426 |
| Employee cost | 119 | 98.53 | 87.97 | 79.71 | 67.89 | 66.14 | 60.40 |
| EBITDA | 119 | 93.84 | 66.47 | 44.93 | 50.84 | 46.39 | 56.91 |
| EBITDA margin | +11.0% | +11.0% | +9.1% | +6.8% | +8.9% | +9.6% | +11.8% |
| Depreciation | 17.92 | 20.56 | 15.09 | 14.62 | 12.85 | 10.35 | 9.41 |
| Interest | 0.52 | 0.39 | 0.39 | 0.42 | 0.49 | 0.56 | 0.56 |
| Profit before tax | 146 | 103 | 75.78 | 70.06 | 51.55 | 51.67 | 72.08 |
| Tax | 34.75 | 20.65 | 16.48 | 12.19 | 11.29 | 10.98 | 16.89 |
| Net profit | 91.30 | 82.03 | 59.30 | 53.68 | 34.43 | 40.69 | 46.34 |
| Net profit margin | +8.5% | +9.6% | +8.1% | +8.1% | +6.0% | +8.4% | +9.6% |
| EPS (₹) | 49.19 | 36.26 | 26.22 | 25.58 | 17.80 | 17.99 | 24.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.31 | 11.31 | 11.31 | 11.31 | 11.31 | 11.31 | 11.31 |
| Reserves & surplus | 810 | 700 | 612 | 549 | 482 | 439 | 408 |
| Shareholders' funds (net worth) | 821 | 711 | 623 | 560 | 494 | 450 | 419 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.90 | 2.12 | 2.94 | 3.65 | 3.91 | 4.58 | 5.11 |
| Total debt | 1.90 | 2.12 | 2.94 | 3.65 | 3.91 | 4.58 | 5.11 |
| Total liabilities | 827 | 717 | 630 | 567 | 500 | 457 | 428 |
| Assets | |||||||
| Gross block | 292 | 255 | 225 | 202 | 183 | 126 | 107 |
| Net block | 173 | 154 | 143 | 134 | 130 | 85.84 | 75.98 |
| Capital work in progress | 6.82 | 3.85 | 13.06 | 12.80 | 5.09 | 33.87 | 13.24 |
| Investments | 532 | 477 | 436 | 359 | 290 | 273 | 274 |
| Inventories | 90.91 | 72.21 | 69.17 | 56.06 | 49.60 | 43.77 | 38.68 |
| Sundry debtors | 206 | 170 | 142 | 119 | 118 | 109 | 88.13 |
| Cash & bank balances | 6.22 | 19.26 | 14.81 | 18.78 | 12.91 | 25.35 | 20.78 |
| Loans & advances | 30.12 | 26.73 | 17.02 | 15.05 | 16.73 | 17.39 | 12.03 |
| Total current assets | 334 | 288 | 243 | 209 | 197 | 196 | 160 |
| Total current liabilities | 193 | 183 | 170 | 121 | 108 | 123 | 93.95 |
| Net working capital | 141 | 105 | 73.23 | 88.66 | 89.38 | 72.79 | 65.67 |
| Total assets | 827 | 717 | 630 | 567 | 500 | 457 | 428 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.62 | 8.25 | 8.82 | 6.34 | 3.28 | 13.10 | 6.00 |
| Net cash from operating activities | 40.47 | 49.40 | 62.78 | 56.91 | 8.42 | 38.71 | 49.34 |
| Net cash from investing activities | (14.28) | (12.28) | (38.75) | (32.52) | 9.91 | (33.85) | (4.74) |
| Net cash from financing activities | (36.31) | (29.75) | (24.60) | (21.91) | (15.27) | (14.68) | (37.51) |
| Net change in cash | (10.12) | 7.37 | (0.57) | 2.48 | 3.06 | (9.82) | 7.09 |
| Closing cash | 6.22 | 19.26 | 14.81 | 18.78 | 12.91 | 25.35 | 20.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +26.5% | +16.4% | +10.4% | +16.1% | +18.2% | +0.2% | - |
| EBITDA growth | +26.4% | +41.2% | +47.9% | -11.6% | +9.6% | -18.5% | - |
| PBT growth | +42.2% | +35.5% | +8.2% | +35.9% | -0.2% | -28.3% | -14.1% |
| Net income growth | +11.3% | +38.3% | +10.5% | +55.9% | -15.4% | -12.2% | - |
| Revenue CAGR (3Y) | +17.6% | +14.3% | +14.9% | +11.2% | +2.5% | +1.9% | +11.2% |
| EBITDA CAGR (3Y) | +38.2% | +22.7% | +12.7% | -7.6% | -13.1% | -10.4% | +14.6% |
| Profitability & leverage | |||||||
| Net income margin | +10.3% | +9.6% | +8.1% | +8.7% | +7.0% | +8.4% | +11.4% |
| Return on capital employed | +16.9% | +15.3% | +12.7% | +13.2% | +9.3% | +11.8% | +14.7% |
| Return on net worth | +11.9% | +12.3% | +10.0% | +11.0% | +7.3% | +9.4% | +11.3% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Interest cover | 0.52 | 0.53 | 0.76 | 1.39 | 1.29 | 1.55 | 1.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.95 | 3.55 | 3.44 | 3.45 | 3.69 | 4.15 | 5.11 |
| Inventory turnover | 13.24 | 12.07 | 11.71 | 12.58 | 12.25 | 11.74 | 13.05 |
| Debtors turnover | 5.74 | 5.48 | 5.62 | 5.59 | 5.03 | 4.90 | 5.03 |
| EPS (₹) | 49.19 | 36.26 | 26.22 | 25.58 | 17.80 | 17.99 | 24.40 |
| Dividend per share (₹) | 15.50 | 12.50 | 10.25 | 9.25 | 6.25 | 6.00 | 6.75 |
| Book value per share (₹) | 363.10 | 314.27 | 275.53 | 247.72 | 218.22 | 199.01 | 185.29 |
To see the full year-wise statements and ratios of India Nippon Electricals Limited, buy the company report.
Board of directors of India Nippon Electricals Limited
India Nippon Electricals has 6 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Balaji Also directs: Delphi-Tvs Technologies Limited, SB TVS Industrial Ventures Private Limited, TVS Indeon Limited and 5 more | Managing Director | 25 Oct 2008 | 18 Years 0 Months | Current |
| Anant Jaivant Talaulicar | Director | 06 Apr 2019 | 7 Years 7 Months | Current |
| Tirumala Kumara Balaji Also directs: Delphi-Tvs Technologies Limited, SB TVS Industrial Ventures Private Limited, TVS Indeon Limited and 5 more | Director | 28 Jul 1986 | 40 Years 3 Months | Current |
| Thirumalaikumarabalaji Priyamvada Also directs: Delphi-Tvs Technologies Limited, SB TVS Industrial Ventures Private Limited, TVS Indeon Limited and 5 more | Director | 29 Jan 2018 | 8 Years 9 Months | Current |
| Heramb Ravindra Hajarnavis Also directs: SCP India Advisors LLP, Sundram Fasteners Limited, JM Financial Asset Management Limited and 3 more | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Gangapriya Chakraverti Also directs: Ford Motor Private Limited | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
Auditor
India Nippon Electricals Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2025 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 70.40%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 29.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 70.40% | 70.40% | 70.40% | 70.40% |
| Public | 29.60% | 29.60% | 29.60% | 29.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 1995 | 90285118 | Bank of Baroda | ₹1 Cr | Satisfied | |
| 11 May 1992 | 90285038 | Bank of Baroda | ₹12 Lakh | Satisfied | |
| 28 Jun 1988 | 90284971 | State Industries Promotion Corp of Tamilnadu Ltd | ₹1 Cr | Satisfied | |
| 29 Jun 1987 | 90284954 | The Industrial Credit and Investment Corporation of India Lt | ₹15 Lakh | Satisfied | |
| 21 Mar 1987 | 90284949 | The Industrial Credit and Investment Corp of India Ltd | ₹70 Lakh | Satisfied |
To see the full charge records of India Nippon Electricals Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
India Nippon Electricals Limited has 10 deals on record (10 market trades); the latest was in June 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Market trade | ₹61.97 Cr | Buyer: Lucas Indian Service Ltd Seller: Mahle Electric Drives Japan Corporation |
| Feb 2022 | Market trade | ₹39.87 Cr | Buyer: Lucas Indian Service Ltd Seller: Harita Trade & Services Private Limited |
| Dec 2019 | Market trade | ₹180 Cr | Buyer: Mahle Holding (India) Private Limited Seller: Mahle Electric Drives Japan Corporation |
| Aug 2012 | Market trade | ₹6.48 Cr | Buyer: Harita Sheela Private Limited , Harita Trade & Services Private Limited Seller: Visaria Securities Private Limited |
| Aug 2012 | Market trade | ₹3.2 Cr | Buyer: Visaria Securities Private Limited Seller: Icici Prudential Mutual Fund |
To see the full deal history of India Nippon Electricals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
India Nippon Electricals Limited has 55 court cases on record: 39 filed by India Nippon Electricals, 17 filed against it. 12 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 1 | 6 |
| District courts | 20 | 15 | 6 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rewari, Haryana | Civil miscellaneous application | Filed against the company by Ms India Nippon Electricals Limited | Disposed |
| District court, Rewari, Haryana | Civil miscellaneous application | Filed by the company against India Nippon Electricals | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Om Logistics Ltd. and 1 other | Disposed |
| District court, KOLAR, Karnataka | Civil suit | Filed against the company | Pending |
| Madras High Court | Writ petition | Filed by the company against Principal Commissioenr of Income Tax -1 | Pending |
To see the full case history of India Nippon Electricals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
India Nippon Electricals Limited has 12 MSME Form 1 returns on record between 2010 and 2024, listing 29 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Procyon Techsolutions Private Limited | |||
| Haas Engineering Systems & Solutions Private Limited | |||
| Rachtr Projects Private Limited | |||
| Ben Tech Fire Safety | |||
| Suntech Landriani Machine Tools Private Limited |
To see the full MSME payment records of India Nippon Electricals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
India Nippon Electricals Limited has a workforce of 479 employees on its EPFO records as of Jan 04, 2026, across 3 active EPFO establishments.
GST
India Nippon Electricals has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI0921R1ZK | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACI0921R2ZJ | Tamil Nadu | Active | 08 Nov 2024 |
| 06AAACI0921R1ZH | Haryana | Active | 01 Jul 2017 |
| 34AAACI0921R1ZI | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Nippon Electricals Limited, buy the company report.
Recent activity
India Nippon Electricals Limited has 50 board changes on record since 1986: 28 appointments and 22 cessations. The latest: Sekar Logitha was appointed as Company Secretary on 04 Mar 2024.
62 earlier events are in the company report.
News
Frequently asked questions
India Nippon Electricals is an active public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 12 July 1984 (42+ years old) and is registered under CIN L31901TN1984PLC011021. Listed on BSE: 532240 and NSE: INDNIPPON.
India Nippon Electricals reported revenue of ₹1,079.96 Cr for FY 2025-26 (up 26.5% YoY) based on consolidated financials.
India Nippon Electricals has 6 current directors:
- Arvind Balaji - Managing Director
- Anant Jaivant Talaulicar - Director
- Tirumala Kumara Balaji - Director
- Thirumalaikumarabalaji Priyamvada - Director
- Heramb Ravindra Hajarnavis - Director
- Gangapriya Chakraverti - Director
The latest financial statements of India Nippon Electricals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of India Nippon Electricals is 33AAACI0921R1ZK, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACI0921R2ZJ (Tamil Nadu), 06AAACI0921R1ZH (Haryana), 34AAACI0921R1ZI (Puducherry).
The CIN (Corporate Identification Number) of India Nippon Electricals is L31901TN1984PLC011021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. India Nippon Electricals is a listed company as per MCA records. Its shares are listed on both BSE (code: 532240) and NSE (symbol: INDNIPPON).
India Nippon Electricals has 55 court cases on record: 39 filed by the company and 17 filed against it. 12 are pending. Most are in the high courts.
India Nippon Electricals was incorporated on 12 July 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chennai.
India Nippon Electricals has 10 deals on record (10 market trades); the latest was in June 2023.
Sekar Logitha was appointed as Company Secretary on 04 Mar 2024. Raghavan Kadaba Gopivallabhiyengar ceased to be Director on 20 Sep 2023. Ranganathan Vijayaraghavan ceased to be Director on 20 Sep 2023. India Nippon Electricals has 50 board changes on record in total.

