India Nippon Electricals Ltd.
Snapshot View

382.85 +5.85 ▲1.6%

20 May 2022, 12:07:56 PM
Volume: 4,048

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.indianippon.com
Market Cap 852.94 Cr.
Enterprise Value(EV) 826.77 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 19.74 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 19.05 Trailing Twelve Months Ending 2021-12
Industry PE 40.63 Trailing Twelve Months Ending 2021-12
Book Value / Share 213.08 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.76 Calculated using Price: 376.00
Dividend Yield 1.59 Period Ending 2021-03
No. of Shares Subscribed 2.26 Cr. 22,621,424 Shares
FaceValue 5
Company Profile

INEL was incorporated in 1984 and converted into a joint venture in 1986 between Lucas Indian Service, a wholly-owned subsidiary of Lucas-TVS and Kokusan Denki Co, Japan - a group company of Hitachi Japan, to manufacture Electronic Ignition Systems for two-wheelers, three wheelers and portable engines. Over the years the company has enlarged its customer base and now supplies to most of the manufacturers of two-wheelers, three wheelers and gensets. INEL makes the entire range of 2/3 wheelers, digital and analog ignition products. Commencing its operation in Hosur (Tamil Nadu), over the years INEL has set up two more units with excellent facilities, one at Pondicherry and the other at Rewari (Haryana) to be nearer to customers and offer service such as just-in-time supplies and to improve response time for introduction of new products.

Milestones:

1985 Formation of the company  1986 Established manufacturing unit in Hosur, Tamil Nadu. Commencement of production and supply to TVS Motor Company for Motor Cycles.  1987 Commencement of supply to Bajaj Auto for Motor Cycles  1988 Supply to Hero Motors - Moped  1989 Introduction of Electronic Ignition Systems for TVS Champ  1990 Supply to Birla Yamaha - Genset  1991 Commencement of supply to Hero Honda Motor Cycle  1992 Supply to Honda SIEL Power Products for Genset  1993 Introduction of Integral Unit (IU) for Mopeds to TVS Motor Company. Commencement of supply to Yamaha Motor India for Motor Cycles. Crossed supply of one million Flywheel Magnetos since commencement of production  1994 Export of Ignition coils to Kokusan Denki Co, Japan Recognition by Department of Science & Technology, Government of India  1995 Commencement of supply to Kinetic Motor Co. for Scooters  1997 Commencement of supply to Royal Enfield Motors Decennial Celebrations of INEL  1998 Second Manufacturing Unit established at Pondicherry Commencement of supply of multi-pole Flywheel Magnetos and Regulator for 3W Diesel to Bajaj Auto Certified by BVQI for ISO - 9001 Quality System for Hosur Unit 1999 Commencement of supply to Piaggio Greaves. Commencement of supply to LML-Moped 2001 Introduction / Commencement of supply of Digital CDI ignition system for TVS Motor Company. Commencement of supply to Honda Motorcycle & Scooter India. Third Manufacturing Unit established at Rewari, Haryana Certified by BVQI for QS-9001 Quality system for Hosur Unit  2002 Certified by BVQI for ISO- 14001 EMS System for Hosur Unit. Crossed cumulative supply of 10 million Flywheel Magnetos  2004 A state-of-the-art electronic facility set up in Pondicherry unit. Certified by BVQI ISO 14001 for Rewari Unit. Commencement of supply to Lombardini, Italy  

Products:

• FlyWheel Magneto/Generator • Capacitor Discharge Ignition Unit • Ignition Coil • Integral Unit • Regulator/Rectifier Units

Clients:   • TVS Motor Company • Hero Honda Motors • Honda Motorcycle & Scooter • Bajaj Auto • Yamaha Motors • Royal Enfield • LML  • Hero Motors • Majestic Auto  • Kinetic Motor Company• Greaves Cotton • Lombardini India • Piaggio India • Honda SIEL Power Products • Birla Power Solutions  • Kokusan Denki Co.

Awards and achievement:

• Certificates of recognition from BVQI for ISO 9001 in the year 1998• QS 9000 in the year 2001 and • ISO 14001 in the year 2002

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.55%
1 Week
-1.01%
1 Month
-13.34%
3 Month
-21.59%
6 Month
+0.59%
1 Year
+0.96%
2 Year
+62.40%
5 Year
+20.63%
10 Year
+358.50%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 14.84 9.99 10.65 12.82 12.11 16.25 16.04 13.66 9.10
Return on Capital Employed (%) 18.48 13.19 15.03 17.40 17.65 22.99 22.63 17.91 11.75
Return on Assets (%) 11.12 7.35 7.63 9.78 9.25 11.60 11.97 9.21 6.10

Balance Sheet View Details

Particulars 10 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. 2021-09* Rs. Cr.
Shh. Funds 204 213 223 257 275 342 400 420 451 473
Non Curr. Liab. 21 28 -2 -7 -5 0 6 15 18 17
Curr. Liab. 40 50 86 68 109 143 103 272 124 104
Minority Int. 0
Equity & Liab. 265 291 306 317 380 485 510 707 593 594
Non Curr. Assets 146 143 116 129 136 190 212 219 257 267
Curr. Assets 119 148 191 188 244 295 298 488 336 327
Misc. Exp. not W/O
Total Assets 265 291 306 317 380 485 510 707 593 594

Profit Loss View Details

Particulars 10 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. 2021-12 Rs. Cr. TTM
Net Sales 269 263 328 336 351 452 525 479 481 567
Other Income 8 9 7 10 14 13 15 26 16 15
Total Income 277 271 335 346 365 465 540 505 497 582
Total Expenditure -235 -238 -294 -301 -314 -388 -448 -422 -436 -513
PBIDT 42 33 40 46 51 77 92 83 62 68
Interest 0 0 0 0 0 0 0 -1 -1 -1
Depreciation -6 -6 -8 -4 -4 -6 -8 -9 -10 -12
Taxation -7 -6 -9 -11 -15 -21 -24 -17 -11 -11
Exceptional Items
PAT 28 20 23 30 32 50 60 56 40 45
Minority Interest
Share Associate 1 1 0 -2 -3 0 -1 -2
Other Related Items
Consolidated Net Profit 29 21 23 29 30 50 59 54 40 45
Adjusted EPS 13 9 10 13 13 22 26 24 18 20

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 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. 18 25 18 30 33 42 27 36 52 38
Cash Fr. Inv. -12 -16 -18 -17 -14 -36 -17 -17 -7 -34
Cash Fr. Finan. -6 -12 -12 -11 -17 -7 -8 -18 -38 -15
Net Change 0 -3 -12 1 2 -1 1 2 8 -10
Cash & Cash Eqvt 33 29 1 2 4 3 4 6 14 4

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 66.39 66.39 66.39 66.39 66.39 66.39 66.39 66.39 70.39
Public 33.61 33.61 33.61 33.61 33.61 33.61 33.61 33.61 29.61
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 13 Apr 2022
General updates
India Nippon Electricals Limited has informed the Exchange about Compliance Certificate under Regulation 74 (5) of SEBI DP Reg 2015 for the quarter ended 31st March 2022.
Tue, 12 Apr 2022
General updates
India Nippon Electricals Limited has informed the Exchange about Compliance Certificate under Regulation 74 (5) of SEBI DP Reg 2015 for the quarter ended 31st March 2022.
Fri, 01 Apr 2022
Closure of trading window
India Nippon Electricals Limited has informed the Exchange about Closure of trading window

Technical Scans View Details

Thu, 19 May 2022
Closing Below Previous Low Closing Below Previous Low
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 2 Years High Increase 2 Years
MFI Bullish MFI Bullish

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