India Nippon Electricals Ltd.
Snapshot View

395.20 +6.55 ▲1.7%

05 August 2021, 04:00:00 P.M.
Volume: 9,338

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.indianippon.com
Financial Indicators
Market Cap 894.00 Cr.
Earnings per share (EPS) 17.52 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 22.55 Trailing Twelve Months Ending 2021-03
Industry PE 71.33 Trailing Twelve Months Ending 2021-03
Book Value / Share 199.36 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.98 Calculated using Price: 395.20
Dividend Yield 1.52 Period Ending 2020-03
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
+1.69%
1 Week
-5.65%
1 Month
+4.11%
3 Month
+9.53%
6 Month
+12.58%
1 Year
+36.87%
2 Year
+24.00%
5 Year
+99.41%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 17.94 14.84 9.99 10.65 12.82 12.11 16.25 16.04 13.66
Return on Capital Employed (%) 22.99 18.48 13.19 15.03 17.40 17.65 22.99 22.63 17.91
Return on Assets (%) 13.22 11.12 7.35 7.63 9.78 9.25 11.60 11.97 10.78

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 186 204 213 223 257 275 342 400 420
Non Curr. Liab. 18 21 28 -2 -7 -5 0 6 15
Curr. Liab. 42 40 50 86 68 109 143 103 95
Minority Int. 0
Equity & Liab. 246 265 291 306 317 380 485 510 529
Non Curr. Assets 122 146 143 116 129 136 190 212 219
Curr. Assets 124 119 148 191 188 244 295 298 310
Misc. Exp. not W/O
Total Assets 246 265 291 306 317 380 485 510 529

Profit Loss View Details

Particulars 9 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.
Net Sales 261 269 263 328 336 351 452 525 479
Other Income 8 8 9 7 10 14 13 15 26
Total Income 268 277 271 335 346 365 465 540 505
Total Expenditure -225 -235 -238 -294 -301 -314 -388 -448 -422
PBIDT 44 42 33 40 46 51 77 92 83
Interest 0 0 0 0 0 0 0 0 -1
Depreciation -6 -6 -6 -8 -4 -4 -6 -8 -9
Taxation -9 -7 -6 -9 -11 -15 -21 -24 -17
Exceptional Items 1
PAT 31 28 20 23 30 32 50 60 56

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 18 25 18 30 33 42 27 36 52
Cash Fr. Inv. -12 -16 -18 -17 -14 -36 -17 -17 -7
Cash Fr. Finan. -6 -12 -12 -11 -17 -7 -8 -18 -38
Net Change 0 -3 -12 1 2 -1 1 2 8
Cash & Cash Eqvt 33 29 1 2 4 3 4 6 14

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 66.39 66.39 66.39 66.39 66.39 66.39 66.39 66.39 66.39
Public 33.61 33.61 33.61 33.61 33.61 33.61 33.61 33.61 33.61
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

Sat, 24 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 we are forwarding herewith a copy of the Certificate dated 2nd July 2021 received from M/s Cameo Corporate Services Limited Chennai the Registrar and Share Transfer Agent of the Company for the quarter ended 30th June 2021. We request you to take the above document(s) on record.
Tue, 20 Jul 2021
Closure of Trading Window
Please note that the trading window for dealing in the Companys scrips by the designated persons has already been closed as intimated vide our letter dated 4th July 2021 and it will continue to be closed until 9th August 2021 and will open from 10th August 2021 i.e. 48 hours after the publication of the said results in terms of the Companys Code of Conduct to regulate monitor and report trading by insiders read with SEBI (Prohibition of Insider Trading) Regulations 2015 as amended.
Tue, 20 Jul 2021
Board Meeting Intimation for Considering Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June 2021.
INDIA NIPPON ELECTRICALS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2021 inter alia to consider and approve It has been decided to convene meetings of the Audit & Risk Management Committee and the Board of Directors of the Company as detailed in the table below to consider and approve inter alia the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2021. The financial results will be forwarded to you immediately after the meeting and extracts of the financial results will be published in newspapers as per Listing Regulations.
This intimation is being given in compliance with the provisions of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
- Audit & Risk Management Committee Meeting @ 4.15 PM on 6th Aug 2021.
- Board meeting @10 AM on 7th Aug 2021.

Technical Scans View Details

Thu, 05 Aug 2021
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
Close Crossing 20 EMA From Below Close Crossing 20 EMA From Below
CCI Trending Down CCI Trending Down
RSI Trending Up RSI Trending Up

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