Igarashi Motors India Ltd.
Snapshot View

534.00 -9.30 ▼-1.7%

26 July 2021, 04:00:00 P.M.
Volume: 12,144

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.igarashimotors.com
Financial Indicators
Market Cap 1,680.77 Cr.
Earnings per share (EPS) 8.14 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 65.60 Trailing Twelve Months Ending 2021-03
Industry PE 91.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 137.64 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.88 Calculated using Price: 534.00
Dividend Yield 0.28 Period Ending 2021-03
No. of Shares Subscribed 3.15 Cr. 31,475,048 Shares
FaceValue 10
Company Profile

The history of Igarashi Motors started in 1946 by Eiji Igarashi who established a private company in Kawasaki, for the production and sales of D.C. motors for toys and model ships. Since then, it has been developing and manufacturing small D.C. motors, for more than fifty years. In India the company was established in 1993 in a joint venture with Crompton Greaves for development, production and sales of DC motors, DC motors with accessory, and assembly service like end cap/case/armature.

To meet market needs, a holistic approach to the small DC motor is necessary. This requires a close involvement in everything from design and development of the parts to the production process.

They have been developing and manufacturing small DC motors for more than fifty years and have done pioneering work in product development, improvement and testing for the creation of new manufacturing technologies.

Their design/development/technical departments in Japan, China, and India will continue to dedicate to providing better technology and realizing the creation of highly efficient small DC motors.

Motors produced by Igarashi Motor Sales are designed in accordance with ISO 9002 regulations to ensure quality products with optimal functionality. Before, during, and after production, our motors are subject to intense quality controls and testing methods to ensure reliability. Design FMEA and Process FMEA are extensively used to secure efficiency and dependability.

Product range of the company includes:

  • DC Motors
  • Gear Motors
  • High Voltage Motors
  • Armatures

Achievements/ recognition:

  • Certification of ISO9001/TS16949.
  • Certification of ISO14001

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.71%
1 Week
+1.04%
1 Month
+10.18%
3 Month
+59.43%
6 Month
+64.66%
1 Year
+102.43%
2 Year
+147.97%
5 Year
-9.52%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 19.41 27.18 20.84 23.34 22.84 24.94 13.99 7.18 6.06
Return on Capital Employed (%) 22.34 30.26 27.19 32.03 32.29 33.27 18.71 8.78 7.42
Return on Assets (%) 8.21 14.59 12.17 13.93 15.45 14.56 7.79 4.45 3.73

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 123 219 251 294 365 399 430 423 439
Non Curr. Liab. 55 48 51 32 24 60 61 53 40
Curr. Liab. 93 95 141 145 115 346 180 197 221
Minority Int.
Equity & Liab. 271 362 442 471 504 805 670 673 700
Non Curr. Assets 156 152 152 185 199 410 436 423 387
Curr. Assets 115 210 291 286 305 395 234 250 312
Misc. Exp. not W/O
Total Assets 271 362 442 471 504 805 670 673 700

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 291 361 385 445 516 671 606 534 533
Other Income 2 10 17 14 17 34 25 12 10
Total Income 293 371 402 459 534 705 631 546 542
Total Expenditure -237 -292 -305 -337 -394 -513 -490 -456 -458
PBIDT 56 79 98 123 139 192 142 90 84
Interest -14 -13 -7 -6 -4 -13 -16 -15 -7
Depreciation -13 -16 -19 -19 -22 -38 -40 -43 -45
Taxation -8 -12 -23 -34 -38 -46 -29 -3 -7
Exceptional Items 8
PAT 21 46 49 64 75 95 57 30 26

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 59 45 59 64 82 94 164 90 41
Cash Fr. Inv. -42 -30 -14 20 -159 -69 -104 -41 6
Cash Fr. Finan. -18 20 -6 -49 -29 -27 -59 -49 -38
Net Change -1 35 39 34 -106 -1 0 0 9
Cash & Cash Eqvt 2 37 75 110 4 2 3 3 12

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Public 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 28.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 16 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
In compliance with the provisions of Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform that below mentioned share certificates has been reported to be lost. The holders of these shares have requested us to issue duplicate share certificates in lieu of original.

Kindly acknowledge the receipt.
Thu, 15 Jul 2021
Shareholding for the Period Ended June 30 2021
Igarashi Motors India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 09 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
With reference to the above subject please find enclosed herewith the newspaper advertisement published in Business Standard (English Edition) and The Hindu (Tamil Edition) on July 09 2021 regarding notice of 29th Annual General Meeting intimation of Record Date for Dividend Book Closure dates and e-Voting information in terms of Section 108 of the Companies Act 2013 read with Rule 20 of Companies (Management and Administration) Rules. 2014 (as amended) and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015.
This notice is also available on Companys website: www.igarashimotors.com

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Havells India Ltd. 71,639.68 1,162.30 +1.6%
Siemens Ltd. 70,260.75 1,975.65 +0.0%
Bharat Electronics Ltd. 44,492.19 184.15 +0.8%
L&T Technology Services Ltd. 36,683.21 3,452.60 -1.2%
ABB India Ltd. 35,947.08 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. 22,267.80 62.70 -2.0%
AIA Engineering Ltd. 19,034.32 1,998.20 -1.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Havells India Ltd. Consolidated 2021-06 58.91 1,162.30 +1.6%
Siemens Ltd. Consolidated 2021-03 73.33 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2021-03 21.20 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-06 48.12 3,452.60 -1.2%
ABB India Ltd. Standalone 2021-03 114.10 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.00 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2021-03 33.62 1,998.20 -1.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Havells India Ltd. Consolidated 2021-06 13.24 1,162.30 +1.6%
Siemens Ltd. Consolidated 2021-03 7.11 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2021-03 4.02 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-06 10.02 3,452.60 -1.2%
ABB India Ltd. Standalone 2021-03 9.57 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.86 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2021-03 4.48 1,998.20 -1.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Havells India Ltd. Consolidated 2021-03 0.10 1,162.30 +1.6%
Siemens Ltd. Consolidated 2020-09 0.00 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2020-03 0.00 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-03 0.00 3,452.60 -1.2%
ABB India Ltd. Standalone 2020-12 0.00 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 0.18 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2020-03 0.03 1,998.20 -1.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Havells India Ltd. Consolidated 2021-03 22.02 1,162.30 +1.6%
Siemens Ltd. Consolidated 2020-09 8.29 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2020-03 18.59 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-03 21.58 3,452.60 -1.2%
ABB India Ltd. Standalone 2020-12 6.15 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -5.02 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2020-03 16.36 1,998.20 -1.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Havells India Ltd. Consolidated 2021-03 30.49 1,162.30 +1.6%
Siemens Ltd. Consolidated 2020-09 11.82 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2020-03 25.73 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-03 30.06 3,452.60 -1.2%
ABB India Ltd. Standalone 2020-12 8.80 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -0.21 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2020-03 19.55 1,998.20 -1.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Havells India Ltd. Consolidated 2021-03 10,457.30 1,162.30 +1.6%
Siemens Ltd. Consolidated 2020-09 10,617.80 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2020-03 12,967.67 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-03 5,449.70 3,452.60 -1.2%
ABB India Ltd. Standalone 2020-12 5,820.95 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 21,490.01 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2020-03 2,969.97 1,998.20 -1.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Havells India Ltd. Consolidated 2021-03 1,044.31 1,162.30 +1.6%
Siemens Ltd. Consolidated 2020-09 768.60 1,975.65 +0.0%
Bharat Electronics Ltd. Consolidated 2020-03 1,792.63 184.15 +0.8%
L&T Technology Services Ltd. Consolidated 2021-03 666.50 3,452.60 -1.2%
ABB India Ltd. Standalone 2020-12 219.22 1,714.00 +1.0%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -1,494.07 62.70 -2.0%
AIA Engineering Ltd. Consolidated 2020-03 590.32 1,998.20 -1.2%