---
title: "India Nippon Electricals Ltd (INDNIPPON) — Share Price, Financials & Analysis"
symbol: "INDNIPPON"
company: "India Nippon Electricals Ltd"
canonical: "https://tapetide.com/stocks/INDNIPPON"
isin: "INE092B01025"
nse_symbol: "INDNIPPON"
bse_code: "532240"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 2978.79
generated_at: "2026-09-13T19:29:46.181Z"
---

# India Nippon Electricals Ltd (INDNIPPON)

Canonical page: https://tapetide.com/stocks/INDNIPPON

## Company

- **NSE Symbol:** INDNIPPON
- **BSE Code:** 532240
- **ISIN:** INE092B01025
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 1997-05-07
- **CEO:** Mr. Arvind Balaji
- **Employees:** 577
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** indianippon.com

## About

India Nippon Electricals is a manufacturer of Ignition Systems for two-wheelers, three-wheelers, and portable engines [1]
It was incorporated in 1984 and was converted into a joint venture in 1986 between Lucas Indian Service Ltd, a wholly-owned subsidiary of Lucas-TVS Ltd and MAHLE Electric Drives Japan Corporation(Japan) – a company of MAHLE Group [2]

## Latest Price

- **Price:** ₹1358.9
- **Change:** -10.1 (-0.74%)
- **Open:** ₹1338.6
- **Day High:** ₹1404
- **Day Low:** ₹1300
- **Previous Close:** ₹1369
- **Volume:** 274425
- **As Of:** 2026-09-11T10:27:52+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:40.561708Z.

- **Market Cap:** ₹2978.79 Cr
- **Classification:** Microcap
- **P/E (reported):** 27.9
- **P/E (TTM):** 27.65
- **EPS (TTM):** ₹49.15
- **EPS (reported):** ₹30.14
- **Book Value:** ₹363.08
- **Price to Book:** 3.78
- **Dividend Yield:** 1.13%
- **ROE:** 13.54%
- **ROCE:** 16.77%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1099.1 Cr
- **Net Income:** ₹111.2 Cr
- **EBITDA:** ₹149.1 Cr
- **52-Week High:** ₹1564
- **52-Week Low:** ₹675
- **RSI (14):** 76.85

## Tapetide Score

- **Score:** 65 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 96.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.9 | 9% |
| growth | 74.95 | 9% |
| momentum | 91.26 | 12% |
| ownership | 57.76 | 24% |
| quality | 55.62 | 22% |
| valuation | 59.17 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has delivered good profit growth of 18.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 35.0%

### Weaknesses

- Company has a low return on equity of 11.5% over last 3 years.
- Earnings include an other income of Rs.45.8 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -18.74% | -35.76% | 471.21% |
| ebitda margin growth | 45.91% | -4.17% | 11.32% | 7.19% |
| net income growth | 59.84% | 35.12% | 24% | 18% |
| revenue growth | 13.41% | 25.63% | 18% | 17% |
| roce | 50.9% | 22.59% | 46.72% | 12.75% |
| roe | 59.77% | 17.03% | 11.54% | 36.08% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 160 | 190 | 179 | 196 | 187 | 210 | 215 | 234 | 225 | 273 | 272 | 299 |
| Expenses | 150 | 170 | 164 | 174 | 170 | 186 | 189 | 206 | 202 | 243 | 242 | 263 |
| Operating Profit | 10 | 20 | 15 | 22 | 17 | 24 | 26 | 28 | 23 | 30 | 29 | 37 |
| OPM % | 6 | 10 | 8 | 11 | 9 | 11 | 12 | 12 | 10 | 11 | 11 | 12 |
| Other Income | 6 | 5 | 6 | 8 | 11 | 9 | 2 | 9 | 12 | 7 | 9 | 18 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 6 | 6 | 4 | 4 | 4 | 5 |
| Profit before tax | 12 | 21 | 17 | 26 | 23 | 28 | 21 | 30 | 30 | 32 | 33 | 50 |
| Tax % | 21 | 16 | 30 | 21 | 22 | 26 | 25 | 10 | 24 | 28 | 25 | 20 |
| Net Profit | 9 | 18 | 12 | 20 | 18 | 21 | 16 | 27 | 23 | 23 | 25 | 40 |
| EPS in Rs | 4.09 | 7.75 | 5.34 | 9.03 | 8.02 | 9.35 | 7.06 | 11.94 | 10.26 | 10.26 | 11.02 | 17.61 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 351 | 452 | 525 | 479 | 481 | 566 | 656 | 724 | 845 | 1068 |
| Expenses | 316 | 388 | 449 | 424 | 436 | 517 | 603 | 658 | 751 | 950 |
| Operating Profit | 35 | 64 | 76 | 55 | 45 | 50 | 53 | 66 | 94 | 119 |
| OPM % | 10 | 14 | 14 | 11 | 9 | 9 | 8 | 9 | 11 | 11 |
| Other Income | 14 | 13 | 15 | 26 | 16 | 25 | 23 | 25 | 30 | 46 |
| Interest | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 4 | 6 | 8 | 9 | 10 | 13 | 15 | 15 | 21 | 18 |
| Profit before tax | 44 | 71 | 83 | 71 | 51 | 62 | 60 | 76 | 103 | 146 |
| Tax % | 33 | 29 | 29 | 24 | 22 | 18 | 20 | 22 | 20 | 24 |
| Net Profit | 30 | 50 | 59 | 54 | 40 | 50 | 48 | 59 | 82 | 111 |
| EPS in Rs | 13.08 | 22.01 | 25.88 | 24.02 | 17.52 | 22.21 | 21.32 | 26.21 | 36.37 | 49.14 |
| Dividend Payout % | 38 | 30 | 27 | 28 | 34 | 28 | 43 | 39 | 34 | 32 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 264 | 331 | 389 | 408 | 440 | 494 | 549 | 612 | 700 | 810 |
| Borrowings | 0 | 0 | 0 | 5 | 5 | 4 | 4 | 3 | 2 | 2 |
| Other Liabilities | 86 | 103 | 109 | 105 | 137 | 132 | 154 | 211 | 226 | 244 |
| Total Liabilities | 362 | 445 | 510 | 529 | 593 | 641 | 718 | 837 | 939 | 1067 |
| Fixed Assets | 57 | 64 | 66 | 81 | 91 | 130 | 134 | 143 | 154 | 173 |
| CWIP | 3 | 7 | 7 | 13 | 34 | 5 | 13 | 13 | 4 | 7 |
| Investments | 189 | 226 | 261 | 262 | 261 | 278 | 355 | 432 | 472 | 532 |
| Other Assets | 112 | 148 | 176 | 173 | 207 | 228 | 215 | 249 | 308 | 355 |
| Total Assets | 362 | 445 | 510 | 529 | 593 | 641 | 718 | 837 | 939 | 1067 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 42 | 27 | 36 | 52 | 38 | 7 | 57 | 63 | 50 | 40 |
| Cash from Investing Activity | -36 | -17 | -17 | -7 | -34 | 28 | -46 | -39 | -12 | -18 |
| Cash from Financing Activity | -7 | -8 | -18 | -38 | -15 | -15 | -22 | -25 | -30 | -36 |
| Net Cash Flow | -1 | 1 | 2 | 8 | -10 | 20 | -11 | -1 | 8 | -15 |
| Free Cash Flow | 29 | 9 | 21 | 45 | 1 | 4 | 32 | 39 | 26 | 14 |
| CFO/OP | 152 | 70 | 80 | 126 | 109 | 33 | 128 | 118 | 77 | 60 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 69 | 75 | 72 | 67 | 83 | 76 | 66 | 71 | 73 | 71 |
| Inventory Days | 35 | 38 | 38 | 45 | 49 | 46 | 45 | 51 | 46 | 45 |
| Days Payable | 97 | 94 | 80 | 88 | 103 | 83 | 77 | 95 | 89 | 72 |
| Cash Conversion Cycle | 7 | 20 | 30 | 24 | 29 | 39 | 35 | 27 | 30 | 43 |
| Working Capital Days | 9 | 23 | 32 | 33 | 35 | 49 | 38 | 29 | 37 | 46 |
| ROCE % | 14 | 22 | 22 | 15 | 12 | 10 | 11 | 13 | 15 | 17 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% |
| FIIs | 0.12% | 0% | 0.13% | 0.14% | 0.21% | 0.21% | 0.19% | 0.28% | 0.37% | 0.42% | 0.41% | 0.32% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.06% | 0.06% | 0.22% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 25.04% | 24.83% | 24.81% | 25.07% | 25.15% | 25.08% | 25.04% | 25.35% | 24.71% | 24.79% | 24.97% | 25.14% |
| Others | 4.48% | 4.8% | 4.69% | 4.41% | 4.27% | 4.34% | 4.4% | 4% | 4.54% | 4.35% | 4.19% | 3.94% |
| No. of Shareholders | 17772 | 17877 | 18533 | 19120 | 20689 | 21376 | 21837 | 21812 | 21776 | 22883 | 22994 | 24035 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 4 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1174.65 | Buy |
| EMA (10) | 1216.12 | Buy |
| SMA (20) | 1132.75 | Buy |
| EMA (20) | 1169.14 | Buy |
| SMA (50) | 1148.24 | Buy |
| EMA (50) | 1114.82 | Buy |
| SMA (100) | 1003.21 | Buy |
| EMA (100) | 1037.4 | Buy |
| SMA (200) | 894.93 | Buy |
| EMA (200) | 943.21 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 75.08 | Sell |
| MACD (12,26,9) | 44.59 | Buy |
| Stochastic (14,3,3) | 71.27 | Neutral |
| ADX (14) | 32.41 | Buy |
| Williams %R (14) | -38.71 | Neutral |
| ATR (14) | 74.98 | High Volatility |
| ROC (12) | 27.46 | Buy |
| Stoch RSI (14) | 95.65 | Sell |
| UO (7,14,28) | 53.57 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Clarification Regarding Significant Increase In The Volume Of Shares Traded](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73808c53-86ac-418c-9b16-f43c868c9d80.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38563635-0502-4652-9fcb-9f7c7bd085ac.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47f11d21-9941-471c-8c37-f57b8773935a.pdf) |
| 2026-08-07 | [Board Meeting Outcome for Board Meeting Outcome For Board Meeting Dated 07Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80b23f74-585c-4398-b448-1fb9aae3e3bd.pdf) |
| 2026-08-07 | [Intimation Under Regulation 30(5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad0ba85e-3e94-4408-8ddc-4c429914281f.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec712a82-592f-4d14-82c2-7e25589fa073.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54abab84-d669-43ce-94b1-4c2062ad5a2a.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=952f8b96-bc8f-416c-9682-1adcbb66d066.pdf) |
| 2026-08-01 | [Board Meeting Intimation for Considering And Approving Inter Alia The Unaudited Standalone Financial Results Of The Company For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7c70057-5ace-40c0-8a9a-c9dc5a68da15.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fcaddc08-db1d-4fc0-adaf-aa2178e9577e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/823b2247-1444-48eb-8a5d-d608e5e69a7f.pdf) |
| 28 Apr - Copies of Newspaper advertisement published in Business Standard (English) and Hindu (Tamil) editions today i.e. April 28, 2026 regarding Special window for transfer and dematerialisation … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Copies of Newspaper advertisement published in Business Standard (English) and Hindu (Tamil) editions today i.e. April 28, 2026 regarding Special window for transfer and dematerialisation …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/651578ee-2f90-4268-81ee-3066b530a154.pdf) |
| 28 Apr - Copies of Newspaper advertisement published in Business Standard (English) and Hindu (Tamil) editions today i.e. April 28, 2026 regarding Special window for transfer and dematerialisation … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Copies of Newspaper advertisement published in Business Standard (English) and Hindu (Tamil) editions today i.e. April 28, 2026 regarding Special window for transfer and dematerialisation …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/651578ee-2f90-4268-81ee-3066b530a154.pdf) |
| 27 Feb - Received Rs.14,18,92,110 net from Haryana on Feb 26, 2026 for 1.8-acre Dhorka land acquisition. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 27 Feb - Received Rs.14,18,92,110 net from Haryana on Feb 26, 2026 for 1.8-acre Dhorka land acquisition.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb91528c-5400-4458-992e-bdddf50d7b97.pdf) |
| 19 Feb - Presentation on unaudited financial results of the Company for the quarter and nine months ended 31st December 2025 | [Announcement under Regulation 30 (LODR)-Investor Presentation 19 Feb - Presentation on unaudited financial results of the Company for the quarter and nine months ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c5b127c-4ebd-4eb6-b497-898a5e8f19a3.pdf) |
| 17 Mar - Of schedule of Investor/ Analyst meet to be held on Monday, the 23rd March 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Mar - Of schedule of Investor/ Analyst meet to be held on Monday, the 23rd March 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/552cda78-7251-44f5-a4cc-4f669ad92fcb.pdf) |
| 14 Feb - Newspaper Publication - Unaudited financial results for the quarter and nine months ended 31st December 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Publication - Unaudited financial results for the quarter and nine months ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/deff132c-502e-477e-8294-1b4d07094a4a.pdf) |
| 13 Feb - Declared interim dividend Rs15.50/share; Q3 and nine-month results approved; record date Feb 20, 2026; CTO designation changed. | [Announcement under Regulation 30 (LODR)-Change in Management 13 Feb - Declared interim dividend Rs15.50/share; Q3 and nine-month results approved; record date Feb 20, 2026; CTO designation changed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/803dde8a-da0d-4019-a61b-f28e100e6fc9.pdf) |
| 13 Feb - Approved Q3/nine-month results; interim dividend Rs15.50 per share; record date Feb 20, 2026; CTO designation changes. | [Corporate Action-Board approves Dividend 13 Feb - Approved Q3/nine-month results; interim dividend Rs15.50 per share; record date Feb 20, 2026; CTO designation changes.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6606b551-eb68-4edb-8c26-9be7b4bd6b58.pdf) |
| — | [Closure of Trading Window 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe3fd4a4-4f3f-4995-a415-9782c8ea007d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b8d510d-772b-4e72-8ad6-44c9a629ba70.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd4d3790-284f-47eb-9e81-0019fc0900f3.pdf) |
| 2026-03-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bb9e97c-4eed-4bc1-b462-ea696cb569eb.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c5b127c-4ebd-4eb6-b497-898a5e8f19a3.pdf) |
| 2025-11-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c661c1e1-2515-4c7f-ab1d-0890b7e97dde.pdf) |
| 2025-09-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5646076b-f505-4b60-9afc-181388b73c6e.pdf) |
| 2025-08-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df17eb09-8d61-4af7-a9b4-118d59dd028a.pdf) |
| 2025-06-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7f94120-87ea-4607-9384-38dafdcb5b05.pdf) |
| 2025-06-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9aa37c03-c7ce-4470-9208-e9cc7a6810b1.pdf) |
| 2025-03-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15c1de0a-9a1a-4a56-97ef-cdbd28baa417.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-07 | [Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31683c21-e21c-4d7c-b43c-7272b2ef6fcd.pdf) |
| 2026-05-28 | [Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70d5bcfc-77c1-4360-bba7-248f3ff2444c.pdf) |
| 2026-02-13 | [Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abbb5bb5-19be-4557-bfbd-9d566ba7dcc4.pdf) |
| 2025-11-14 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8c75f9b-3eae-4bcb-b2b9-e492bc0e8b9a.pdf) |
| 2025-08-13 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0761408-51c3-4d86-b64f-d83017c3c127.pdf) |
| 2025-05-30 | [Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdac4ef0-8071-4c48-be78-94bfbd5f58cf.pdf) |
| 2025-02-13 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70e19b17-af99-4aea-95c1-68d0d9677358.pdf) |
| 2024-11-13 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b34ba35-5ef2-4d69-b6d5-9d1fad1734e1.pdf) |
| 2024-08-06 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7b3dacf-f0ce-4f16-8869-945e9c4452bc.pdf) |
| 2024-05-30 | [Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd620b28-1af9-4184-b647-66ae16f564df.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5646076b-f505-4b60-9afc-181388b73c6e.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c661c1e1-2515-4c7f-ab1d-0890b7e97dde.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15c1de0a-9a1a-4a56-97ef-cdbd28baa417.pdf) |
| Mar 2024 | [Concall - Mar 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5a4ebbe-98b9-4a60-869c-322b73b3bff1.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd4d3790-284f-47eb-9e81-0019fc0900f3.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/dd4d3790-284f-47eb-9e81-0019fc0900f3.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9aa37c03-c7ce-4470-9208-e9cc7a6810b1.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7f94120-87ea-4607-9384-38dafdcb5b05.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7a38eec-dbe6-4cc2-b861-14ed957ac1f7.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3eeefae1-3553-4390-accd-2402f01ec2c5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_INDNIPPON_2010_2011_15062012100133.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70035892-539a-4deb-ba5c-357c9c09fd04.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/886feb1c-910d-4608-9a46-ab448ed8c2a3.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b0ad38f-1dda-422f-a906-9f7f08f11bc3.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d465663e-03eb-47dd-b54e-976d5e832fdc.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532240/74775532240.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532240/69920532240.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532240/65307532240.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532240/5322400319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532240/5322400318.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:29:46.181Z.
