Igarashi Motors logo

Igarashi Motors

IGARASHI NSE

Key Fundamentals

MicrocapAuto ComponentsAutomobiles
Market Cap
₹1,269 Cr
Volatility
Moderate
P/E Ratio
79.52
EBITDA
₹84.50 Cr
Return on Equity
2.6%
Debt to Equity
0.31
Book Value
₹148.25
EPS
₹5.18
52W High
₹558
52W Low
₹271.05

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

2
  • Company has been maintaining a healthy dividend payout of 33.0%
  • Company's working capital requirements have reduced from 23.5 days to 12.2 days

Weaknesses

4
  • Stock is trading at 2.79 times its book value
  • The company has delivered a poor sales growth of 10.2% over past five years.
  • Company has a low return on equity of 3.36% over last 3 years.
  • Company might be capitalizing the interest cost

Growth Rate

Revenue Growth
3.2% lower than 3Y
Net Income Growth
-50% lower than 3Y
Cash Flow Change
-0.02% lower than 3Y
ROE
-49.9% lower than 3Y
ROCE
-39.82% lower than 3Y
EBITDA Margin (Avg.)
-15.96% lower than 3Y

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
168
178
174
205
222
216
211
189
205
219
216
226
251
Expenses
152
161
156
182
197
190
187
170
185
196
196
207
226
Operating Profit
16.21
17.33
17.29
22.44
25.32
26.28
23.74
19.71
19.61
23.47
20.4
19.27
24.52
OPM %
9.63%
9.71%
9.95%
10.97%
11.4%
12.16%
11.26%
10.4%
9.58%
10.71%
9.44%
8.53%
9.77%
Other Income
0.9
0.46
0.73
0.34
1.37
0.33
0.37
0.31
0.8
0.14
0.08
0.75
0.97
Interest
3.07
3.38
3.51
2.78
3.38
3.55
3.83
2.63
3.17
3.26
2.09
2.48
2.63
Depreciation
12.12
12.41
12.41
12.13
12.39
12.64
13.12
13.39
13.87
14.18
14.17
14.78
15.7
PBT
1.92
2
2.1
7.87
10.92
10.42
7.16
4
3.37
6.17
4.22
2.76
7.16
Tax %
26.04%
27%
25.71%
34.69%
25.27%
25.34%
28.07%
23.5%
25.22%
26.58%
17.06%
42.03%
5.45%
Net Profit
1.43
1.46
1.56
5.14
8.16
7.79
5.16
3.06
2.51
4.54
3.5
1.59
6.77
EPS in Rs
0.45
0.46
0.5
1.63
2.59
2.47
1.64
0.97
0.8
1.44
1.11
0.51
2.15
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
385
445
516
671
606
534
533
556
656
725
838
866
912
Expenses
305
337
394
513
490
456
458
509
595
650
743
783
824
Operating Profit
80
108
122
158
117
78
74
47
61
75
96
83
88
OPM %
21%
24%
24%
24%
19%
15%
14%
8%
9%
10%
11%
10%
10%
Other Income
17
14
17
34
25
12
10
7
8
2
2
2
2
Interest
7
6
4
13
16
15
7
7
13
13
14
12
10
Depreciation
19
19
22
38
40
43
45
44
47
49
52
57
59
PBT
72
97
114
141
86
32
32
2
9
14
33
17
20
Tax %
32%
35%
34%
32%
33%
8%
21%
48%
42%
31%
26%
26%
—
Net Profit
49
64
75
95
57
30
26
1
5
10
24
12
16
EPS in Rs
14.23
18.5
21.9
27.69
18.24
9.5
8.14
0.38
1.66
3.04
7.68
3.86
5.21
Div. Payout %
28%
26%
27%
19%
27%
13%
18%
0%
60%
33%
33%
34%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
31
31
31
31
31
31
31
31
31
31
31
31
Reserves
220
264
335
368
398
391
408
407
408
416
434
435
Borrowings
58
44
22
140
118
124
95
100
121
138
151
145
Other Liabilities
132
133
117
266
122
126
165
138
166
189
158
223
Total Liabilities
440
471
504
805
670
673
700
677
726
774
775
834
Fixed Assets
121
138
158
320
383
394
370
378
379
366
391
413
CWIP
1
12
3
44
23
11
10
11
13
35
43
53
Investments
26
34
174
50
34
28
1
21
17
16
17
1
Other Assets
292
288
169
391
231
240
320
267
318
357
323
367
Total Assets
440
471
504
805
670
673
700
677
726
774
775
834
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
59
64
82
94
164
90
41
73
34
50
94
94
Investing
-14
20
-159
-69
-104
-41
6
-55
-32
-51
-90
-63
Financing
-6
-49
-29
-27
-59
-49
-38
-24
-4
0
-5
-30
Net Cash Flow
39
34
-106
-1
0
0
9
-6
-1
-1
-1
0
Free Cash Flow
39
22
48
-14
84
56
27
37
-2
-3
4
14
CFO/OP
102
89
96
86
162
130
54
169
53
73
109
119
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
74
70
73
92
85
94
114
88
98
104
76
91
Inventory Days
51
47
54
62
67
89
115
81
91
86
75
75
Days Payable
105
94
110
92
87
113
139
92
95
103
74
106
Cash Conversion Cycle
20
24
17
61
66
69
91
77
94
87
76
61
Working Capital Days
56
12
26
-40
23
20
53
43
41
40
19
12
ROCE %
27%
32%
32%
33%
19%
9%
7%
2%
4%
5%
8%
5%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Igarashi Motors insights

63 extracted metrics + investor summaries across FY09–FY26.

Log in — free

Shareholding Pattern

FIIs0.50%Promot.75.00%Others3.57%DIIs3.65%Public17.29%As ofJun 2026

Documents

Frequently Asked Questions about Igarashi Motors

What does Igarashi Motors India Ltd do?
Igarashi Motors India Ltd is engaged in the production and export of Permanent Magnet DC Motors for the Automotive Sector especially for the passenger vehicle sector[1] It was incorporated as CG Igarashi Motors Limited in 1992 as a JV between Crompton Greaves Ltd(India), Igarashi Electric Works L...
Where is Igarashi Motors India Ltd (IGARASHI) listed?
Igarashi Motors India Ltd trades as IGARASHI on the NSE and under code 517380 on the BSE.
Which sector does Igarashi Motors India Ltd belong to?
Igarashi Motors India Ltd is classified under the Automobiles sector, in the Auto Components industry.
What is the market capitalisation of Igarashi Motors India Ltd?
Igarashi Motors India Ltd has a market capitalisation of ₹1,269 Cr, which places it in the Small Cap band.
What is the PE ratio of Igarashi Motors India Ltd?
Igarashi Motors India Ltd trades at a PE ratio of 79.52, on earnings per share of ₹5.18, against a book value of ₹148.25 per share.
What is the 52-week high and low of Igarashi Motors India Ltd?
Over the last 52 weeks Igarashi Motors India Ltd has traded between ₹271.05 and ₹558.
Does Igarashi Motors India Ltd pay dividends?
Igarashi Motors India Ltd has a dividend yield of 0.32%.
What is the Return on Equity (ROE) of Igarashi Motors India Ltd?
Igarashi Motors India Ltd reported a return on equity of 2.60%. Its debt-to-equity ratio is 0.31.

Company Information

Igarashi Motors India Ltd is engaged in the production and export of Permanent Magnet DC Motors for the Automotive Sector especially for the passenger vehicle sector[1] It was incorporated as CG Igarashi Motors Limited in 1992 as a JV between Crompton Greaves Ltd(India), Igarashi Electric Works Ltd, Japan, and International Components Corporation, USA. Over a period, IEWL consolidated its stake in the Company by acquiring a stake of exited JV Partners. [2]

Website igarashimotors.com
CEO Mr. Rajagopalan Chandrasekaran
Employees 760
Listed 2003-10-09
Face Value ₹ 10
Issued Size 3,14,75,048

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/IGARASHI.md for Igarashi Motors India Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Automobiles → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List