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Igarashi Motors India share price today

Igarashi Motors India Ltd · NSE: IGARASHI · Capital Goods - Electric General · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Igarashi Motors India share price today: ₹385.45 at the NSE close on 4 November 2026, down 21.8% in a year. Igarashi Motors India (NSE: IGARASHI) is worth ₹1,214 crore, trades at a P/E of 74.0 and has closed between ₹294.60 and ₹493.75 over the past 52 weeks. Latest change: profit grew again in the June 2026 quarter.

Getting worseBusiness trend from the last 12 quarters
₹385.45Price −21.8% in a year
74.0×P/E higher than 67% of the last 11 years
₹251 CrRevenue (Jun 2026) +22.5% on a year ago
₹6.8 CrProfit (Jun 2026) +169.7% on a year ago
9.8%Operating margin +0.2 points on a year ago
5%ROCE FY26
4.6%ROIC against a 12.0% cost of capital: −7.4 points

Igarashi Motors India Ltd's share price has risen faster than its earnings: −21.8% in a year, against −49.7% for earnings per share.

The main question: the share price moved −21.8% in a year while yearly earnings per share moved −49.7%. The difference came from the market paying a higher multiple.

The price has been falling for 3 weeks, and the P/E is higher than 67% of its own last 11 years. Over the last four quarters, results have been improving, with profit +169.7% on a year earlier, and 517% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Igarashi Motors India share price today?

Igarashi Motors India Ltd's share price was ₹385.45 at the close on 4 November 2026. It has been falling for 3 weeks. That is 8.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹295 and ₹494, and at that close it sat 46% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Igarashi Motors India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 9 weeks running.

1Y

Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.

  • Price ₹385
  • 50-day avg ₹403
  • 200-day avg ₹420
Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹505₹514₹536
7 Nov 2025₹493₹511₹535
14 Nov 2025₹481₹506₹532
21 Nov 2025₹439₹497₹528
28 Nov 2025₹473₹490₹525
5 Dec 2025₹436₹481₹521
12 Dec 2025₹431₹472₹516
19 Dec 2025₹434₹465₹512
26 Dec 2025₹442₹461₹510
2 Jan 2026₹465₹458₹506
9 Jan 2026₹431₹456₹503
16 Jan 2026₹384₹449₹500
23 Jan 2026₹370₹435₹493
1 Feb 2026₹397₹426₹488
6 Feb 2026₹396₹421₹484
13 Feb 2026₹370₹416₹480
20 Feb 2026₹367₹409₹475
27 Feb 2026₹359₹400₹469
6 Mar 2026₹325₹391₹464
13 Mar 2026₹312₹377₹457
20 Mar 2026₹315₹365₹450
27 Mar 2026₹298₹356₹444
2 Apr 2026₹295₹348₹439
10 Apr 2026₹323₹342₹433
17 Apr 2026₹349₹342₹429
24 Apr 2026₹386₹345₹426
30 Apr 2026₹387₹351₹424
8 May 2026₹436₹360₹423
15 May 2026₹392₹368₹422
22 May 2026₹385₹372₹421
29 May 2026₹374₹374₹419
4 Jun 2026₹370₹374₹417
5 Jun 2026₹368₹374₹417
10 Jun 2026₹370₹373₹416
12 Jun 2026₹379₹373₹415
17 Jun 2026₹410₹375₹414
19 Jun 2026₹414₹377₹414
24 Jun 2026₹482₹389₹416
25 Jun 2026₹473₹392₹416
1 Jul 2026₹479₹401₹418
3 Jul 2026₹494₹407₹419
10 Jul 2026₹475₹419₹422
17 Jul 2026₹457₹428₹424
24 Jul 2026₹456₹432₹425
31 Jul 2026₹451₹435₹427
7 Aug 2026₹465₹442₹429
14 Aug 2026₹457₹444₹430
21 Aug 2026₹444₹444₹431
28 Aug 2026₹427₹441₹431
4 Sep 2026₹423₹437₹430
11 Sep 2026₹417₹433₹429
18 Sep 2026₹432₹433₹429
25 Sep 2026₹422₹431₹429
1 Oct 2026₹399₹428₹428
9 Oct 2026₹394₹422₹427
16 Oct 2026₹404₹418₹426
23 Oct 2026₹356₹412₹423
30 Oct 2026₹353₹403₹420
4 Nov 2026₹385₹403₹420
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.

  • Price ₹385
  • 50-day avg ₹403
  • 200-day avg ₹420
Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹584₹593₹506
12 Nov 2023₹581₹590₹511
17 Nov 2023₹547₹583₹512
24 Nov 2023₹516₹572₹513
1 Dec 2023₹544₹568₹514
8 Dec 2023₹527₹562₹515
15 Dec 2023₹525₹555₹515
22 Dec 2023₹517₹548₹515
29 Dec 2023₹519₹544₹516
5 Jan 2024₹554₹542₹516
12 Jan 2024₹558₹543₹518
20 Jan 2024₹537₹540₹518
25 Jan 2024₹544₹538₹519
2 Feb 2024₹546₹540₹520
9 Feb 2024₹520₹541₹521
16 Feb 2024₹490₹531₹520
23 Feb 2024₹500₹524₹518
2 Mar 2024₹488₹515₹516
7 Mar 2024₹466₹509₹514
15 Mar 2024₹425₹496₹511
22 Mar 2024₹426₹483₹506
28 Mar 2024₹410₹475₹504
5 Apr 2024₹466₹470₹501
12 Apr 2024₹451₹468₹499
19 Apr 2024₹473₹465₹497
26 Apr 2024₹541₹473₹498
3 May 2024₹523₹483₹499
10 May 2024₹503₹487₹500
18 May 2024₹527₹494₹501
24 May 2024₹502₹497₹502
31 May 2024₹462₹493₹500
7 Jun 2024₹483₹487₹498
14 Jun 2024₹521₹490₹499
21 Jun 2024₹520₹496₹500
28 Jun 2024₹485₹496₹500
5 Jul 2024₹510₹496₹499
12 Jul 2024₹512₹498₹500
19 Jul 2024₹499₹499₹500
26 Jul 2024₹536₹503₹501
2 Aug 2024₹602₹520₹506
9 Aug 2024₹652₹536₹511
16 Aug 2024₹640₹550₹515
23 Aug 2024₹705₹574₹523
30 Aug 2024₹711₹604₹534
6 Sep 2024₹702₹623₹543
13 Sep 2024₹713₹638₹550
20 Sep 2024₹662₹644₹556
27 Sep 2024₹634₹644₹561
4 Oct 2024₹643₹644₹564
11 Oct 2024₹638₹641₹567
18 Oct 2024₹707₹651₹573
25 Oct 2024₹669₹658₹579
1 Nov 2024₹739₹669₹586
8 Nov 2024₹754₹684₹594
14 Nov 2024₹715₹689₹599
22 Nov 2024₹730₹696₹604
29 Nov 2024₹769₹708₹612
6 Dec 2024₹812₹729₹622
13 Dec 2024₹763₹737₹629
20 Dec 2024₹707₹740₹635
27 Dec 2024₹705₹735₹638
3 Jan 2025₹727₹734₹643
10 Jan 2025₹675₹727₹645
17 Jan 2025₹667₹715₹646
24 Jan 2025₹627₹703₹646
1 Feb 2025₹668₹689₹645
7 Feb 2025₹670₹686₹647
14 Feb 2025₹533₹671₹645
21 Feb 2025₹606₹654₹642
28 Feb 2025₹524₹639₹638
7 Mar 2025₹547₹620₹633
13 Mar 2025₹504₹604₹628
21 Mar 2025₹523₹587₹623
28 Mar 2025₹495₹573₹617
4 Apr 2025₹438₹558₹611
11 Apr 2025₹447₹540₹604
17 Apr 2025₹472₹532₹600
25 Apr 2025₹465₹523₹595
2 May 2025₹459₹514₹589
9 May 2025₹441₹502₹583
16 May 2025₹511₹500₹578
23 May 2025₹480₹499₹574
30 May 2025₹483₹496₹570
6 Jun 2025₹497₹495₹566
13 Jun 2025₹495₹494₹562
20 Jun 2025₹463₹491₹558
27 Jun 2025₹483₹488₹554
4 Jul 2025₹539₹494₹552
11 Jul 2025₹509₹500₹551
18 Jul 2025₹605₹518₹553
25 Jul 2025₹604₹533₹556
1 Aug 2025₹581₹542₹557
8 Aug 2025₹524₹549₹558
14 Aug 2025₹499₹542₹556
22 Aug 2025₹498₹535₹553
29 Aug 2025₹479₹527₹551
5 Sep 2025₹497₹519₹547
12 Sep 2025₹495₹515₹545
19 Sep 2025₹543₹514₹543
26 Sep 2025₹501₹515₹542
3 Oct 2025₹522₹514₹540
10 Oct 2025₹540₹516₹540
17 Oct 2025₹513₹517₹539
24 Oct 2025₹503₹516₹538
31 Oct 2025₹505₹514₹536
7 Nov 2025₹493₹511₹535
14 Nov 2025₹481₹506₹532
21 Nov 2025₹439₹497₹528
28 Nov 2025₹473₹490₹525
5 Dec 2025₹436₹481₹521
12 Dec 2025₹431₹472₹516
19 Dec 2025₹434₹465₹512
26 Dec 2025₹442₹461₹510
2 Jan 2026₹465₹458₹506
9 Jan 2026₹431₹456₹503
16 Jan 2026₹384₹449₹500
23 Jan 2026₹370₹435₹493
1 Feb 2026₹397₹426₹488
6 Feb 2026₹396₹421₹484
13 Feb 2026₹370₹416₹480
20 Feb 2026₹367₹409₹475
27 Feb 2026₹359₹400₹469
6 Mar 2026₹325₹391₹464
13 Mar 2026₹312₹377₹457
20 Mar 2026₹315₹365₹450
27 Mar 2026₹298₹356₹444
2 Apr 2026₹295₹348₹439
10 Apr 2026₹323₹342₹433
17 Apr 2026₹349₹342₹429
24 Apr 2026₹386₹345₹426
30 Apr 2026₹387₹351₹424
8 May 2026₹436₹360₹423
15 May 2026₹392₹368₹422
22 May 2026₹385₹372₹421
29 May 2026₹374₹374₹419
4 Jun 2026₹370₹374₹417
5 Jun 2026₹368₹374₹417
10 Jun 2026₹370₹373₹416
12 Jun 2026₹379₹373₹415
17 Jun 2026₹410₹375₹414
19 Jun 2026₹414₹377₹414
24 Jun 2026₹482₹389₹416
25 Jun 2026₹473₹392₹416
1 Jul 2026₹479₹401₹418
3 Jul 2026₹494₹407₹419
10 Jul 2026₹475₹419₹422
17 Jul 2026₹457₹428₹424
24 Jul 2026₹456₹432₹425
31 Jul 2026₹451₹435₹427
7 Aug 2026₹465₹442₹429
14 Aug 2026₹457₹444₹430
21 Aug 2026₹444₹444₹431
28 Aug 2026₹427₹441₹431
4 Sep 2026₹423₹437₹430
11 Sep 2026₹417₹433₹429
18 Sep 2026₹432₹433₹429
25 Sep 2026₹422₹431₹429
1 Oct 2026₹399₹428₹428
9 Oct 2026₹394₹422₹427
16 Oct 2026₹404₹418₹426
23 Oct 2026₹356₹412₹423
30 Oct 2026₹353₹403₹420
4 Nov 2026₹385₹403₹420
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.

  • Price ₹385
  • 50-day avg ₹403
  • 200-day avg ₹420
Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹513₹527₹452
12 Nov 2021₹510₹528₹459
26 Nov 2021₹474₹518₹462
10 Dec 2021₹530₹516₹466
24 Dec 2021₹483₹510₹470
7 Jan 2022₹521₹506₹472
21 Jan 2022₹463₹503₹475
4 Feb 2022₹454₹488₹473
18 Feb 2022₹377₹460₹466
4 Mar 2022₹349₹430₹457
17 Mar 2022₹364₹408₹449
1 Apr 2022₹370₹391₹440
13 Apr 2022₹388₹392₹436
29 Apr 2022₹357₹382₹429
13 May 2022₹309₹364₹420
27 May 2022₹289₹342₹409
10 Jun 2022₹289₹326₹398
24 Jun 2022₹280₹307₹385
8 Jul 2022₹287₹300₹376
22 Jul 2022₹352₹303₹369
5 Aug 2022₹348₹317₹367
19 Aug 2022₹327₹321₹364
2 Sep 2022₹366₹326₹362
16 Sep 2022₹431₹362₹369
30 Sep 2022₹428₹383₹374
14 Oct 2022₹418₹396₹378
28 Oct 2022₹410₹400₹381
11 Nov 2022₹417₹404₹384
25 Nov 2022₹462₹414₹389
9 Dec 2022₹438₹426₹395
23 Dec 2022₹387₹422₹396
6 Jan 2023₹406₹417₹397
20 Jan 2023₹405₹413₹398
3 Feb 2023₹408₹413₹399
17 Feb 2023₹401₹410₹400
3 Mar 2023₹361₹393₹396
17 Mar 2023₹354₹384₹393
31 Mar 2023₹348₹373₹389
13 Apr 2023₹380₹374₹388
28 Apr 2023₹368₹371₹386
12 May 2023₹415₹377₹386
26 May 2023₹433₹392₹390
9 Jun 2023₹483₹418₹397
23 Jun 2023₹497₹444₹407
7 Jul 2023₹475₹455₹413
21 Jul 2023₹477₹462₹419
4 Aug 2023₹562₹486₹430
18 Aug 2023₹507₹499₹439
1 Sep 2023₹584₹519₹450
15 Sep 2023₹621₹558₹468
29 Sep 2023₹617₹575₹480
13 Oct 2023₹614₹588₹492
27 Oct 2023₹597₹595₹502
12 Nov 2023₹581₹590₹511
24 Nov 2023₹516₹572₹513
8 Dec 2023₹527₹562₹515
22 Dec 2023₹517₹548₹515
5 Jan 2024₹554₹542₹516
20 Jan 2024₹537₹540₹518
2 Feb 2024₹546₹540₹520
16 Feb 2024₹490₹531₹520
2 Mar 2024₹488₹515₹516
15 Mar 2024₹425₹496₹511
28 Mar 2024₹410₹475₹504
12 Apr 2024₹451₹468₹499
26 Apr 2024₹541₹473₹498
10 May 2024₹503₹487₹500
24 May 2024₹502₹497₹502
7 Jun 2024₹483₹487₹498
21 Jun 2024₹520₹496₹500
5 Jul 2024₹510₹496₹499
19 Jul 2024₹499₹499₹500
2 Aug 2024₹602₹520₹506
16 Aug 2024₹640₹550₹515
30 Aug 2024₹711₹604₹534
13 Sep 2024₹713₹638₹550
27 Sep 2024₹634₹644₹561
11 Oct 2024₹638₹641₹567
25 Oct 2024₹669₹658₹579
8 Nov 2024₹754₹684₹594
22 Nov 2024₹730₹696₹604
6 Dec 2024₹812₹729₹622
20 Dec 2024₹707₹740₹635
3 Jan 2025₹727₹734₹643
17 Jan 2025₹667₹715₹646
1 Feb 2025₹668₹689₹645
14 Feb 2025₹533₹671₹645
28 Feb 2025₹524₹639₹638
13 Mar 2025₹504₹604₹628
28 Mar 2025₹495₹573₹617
11 Apr 2025₹447₹540₹604
25 Apr 2025₹465₹523₹595
9 May 2025₹441₹502₹583
23 May 2025₹480₹499₹574
6 Jun 2025₹497₹495₹566
20 Jun 2025₹463₹491₹558
4 Jul 2025₹539₹494₹552
18 Jul 2025₹605₹518₹553
1 Aug 2025₹581₹542₹557
14 Aug 2025₹499₹542₹556
29 Aug 2025₹479₹527₹551
12 Sep 2025₹495₹515₹545
26 Sep 2025₹501₹515₹542
10 Oct 2025₹540₹516₹540
24 Oct 2025₹503₹516₹538
7 Nov 2025₹493₹511₹535
21 Nov 2025₹439₹497₹528
5 Dec 2025₹436₹481₹521
19 Dec 2025₹434₹465₹512
2 Jan 2026₹465₹458₹506
16 Jan 2026₹384₹449₹500
1 Feb 2026₹397₹426₹488
13 Feb 2026₹370₹416₹480
27 Feb 2026₹359₹400₹469
13 Mar 2026₹312₹377₹457
27 Mar 2026₹298₹356₹444
10 Apr 2026₹323₹342₹433
24 Apr 2026₹386₹345₹426
8 May 2026₹436₹360₹423
22 May 2026₹385₹372₹421
4 Jun 2026₹370₹374₹417
10 Jun 2026₹370₹373₹416
17 Jun 2026₹410₹375₹414
24 Jun 2026₹482₹389₹416
1 Jul 2026₹479₹401₹418
10 Jul 2026₹475₹419₹422
24 Jul 2026₹456₹432₹425
7 Aug 2026₹465₹442₹429
21 Aug 2026₹444₹444₹431
4 Sep 2026₹423₹437₹430
18 Sep 2026₹432₹433₹429
1 Oct 2026₹399₹428₹428
16 Oct 2026₹404₹418₹426
30 Oct 2026₹353₹403₹420
4 Nov 2026₹385₹403₹420
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.

  • Price ₹385
  • 50-day avg ₹403
  • 200-day avg ₹420
Nov 2026: ₹385, 8.3% below its 200-day average. The price has been falling for 3 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹725₹673₹591
18 Nov 2016₹641₹673₹601
9 Dec 2016₹640₹657₹606
30 Dec 2016₹628₹646₹610
20 Jan 2017₹641₹645₹614
10 Feb 2017₹680₹654₹621
3 Mar 2017₹693₹666₹629
24 Mar 2017₹727₹684₹639
13 Apr 2017₹696₹695₹648
5 May 2017₹794₹709₹658
26 May 2017₹750₹734₹673
16 Jun 2017₹975₹775₹693
7 Jul 2017₹903₹829₹720
28 Jul 2017₹903₹863₹746
18 Aug 2017₹885₹872₹764
8 Sep 2017₹880₹877₹779
29 Sep 2017₹801₹858₹788
19 Oct 2017₹783₹832₹788
10 Nov 2017₹803₹813₹789
1 Dec 2017₹776₹801₹788
22 Dec 2017₹799₹790₹786
12 Jan 2018₹757₹777₹783
2 Feb 2018₹728₹765₹779
23 Feb 2018₹736₹751₹773
16 Mar 2018₹712₹737₹766
6 Apr 2018₹745₹732₹760
27 Apr 2018₹758₹737₹758
18 May 2018₹717₹738₹756
8 Jun 2018₹644₹713₹746
29 Jun 2018₹611₹676₹730
20 Jul 2018₹649₹665₹719
10 Aug 2018₹678₹677₹715
31 Aug 2018₹655₹673₹709
21 Sep 2018₹642₹670₹704
12 Oct 2018₹642₹657₹696
2 Nov 2018₹615₹637₹685
22 Nov 2018₹601₹626₹676
14 Dec 2018₹577₹605₹662
4 Jan 2019₹560₹588₹650
25 Jan 2019₹519₹565₹634
15 Feb 2019₹393₹520₹612
8 Mar 2019₹396₹467₹583
29 Mar 2019₹346₹425₹556
18 Apr 2019₹332₹392₹530
10 May 2019₹266₹354₹502
31 May 2019₹251₹311₹468
21 Jun 2019₹183₹264₹433
12 Jul 2019₹214₹253₹407
2 Aug 2019₹199₹234₹380
23 Aug 2019₹203₹222₹358
13 Sep 2019₹205₹214₹339
4 Oct 2019₹191₹205₹320
27 Oct 2019₹220₹207₹306
15 Nov 2019₹238₹220₹297
6 Dec 2019₹226₹230₹290
27 Dec 2019₹396₹250₹287
17 Jan 2020₹347₹292₹295
7 Feb 2020₹329₹305₹299
28 Feb 2020₹337₹318₹304
20 Mar 2020₹190₹290₹298
9 Apr 2020₹203₹246₹284
30 Apr 2020₹239₹237₹276
22 May 2020₹205₹227₹268
12 Jun 2020₹223₹227₹263
3 Jul 2020₹284₹251₹265
24 Jul 2020₹264₹260₹266
14 Aug 2020₹290₹267₹267
4 Sep 2020₹304₹285₹273
25 Sep 2020₹277₹288₹275
16 Oct 2020₹286₹286₹276
6 Nov 2020₹282₹282₹277
27 Nov 2020₹329₹296₹281
18 Dec 2020₹341₹313₹288
8 Jan 2021₹362₹326₹295
29 Jan 2021₹318₹331₹301
19 Feb 2021₹318₹328₹304
12 Mar 2021₹313₹326₹307
1 Apr 2021₹285₹310₹305
23 Apr 2021₹323₹314₹306
14 May 2021₹454₹357₹320
4 Jun 2021₹429₹397₹338
25 Jun 2021₹485₹429₹356
16 Jul 2021₹543₹475₹380
6 Aug 2021₹507₹498₹399
27 Aug 2021₹513₹489₹409
17 Sep 2021₹512₹500₹423
8 Oct 2021₹527₹510₹437
29 Oct 2021₹513₹527₹452
18 Nov 2021₹485₹524₹460
10 Dec 2021₹530₹516₹466
31 Dec 2021₹483₹505₹470
21 Jan 2022₹463₹503₹475
11 Feb 2022₹397₹477₹471
4 Mar 2022₹349₹430₹457
25 Mar 2022₹354₹399₹444
13 Apr 2022₹388₹392₹436
6 May 2022₹340₹376₹426
27 May 2022₹289₹342₹409
17 Jun 2022₹270₹316₹392
8 Jul 2022₹287₹300₹376
29 Jul 2022₹337₹310₹368
19 Aug 2022₹327₹321₹364
9 Sep 2022₹470₹343₹365
30 Sep 2022₹428₹383₹374
21 Oct 2022₹399₹398₹380
11 Nov 2022₹417₹404₹384
2 Dec 2022₹451₹422₹392
23 Dec 2022₹387₹422₹396
13 Jan 2023₹408₹415₹398
3 Feb 2023₹408₹413₹399
24 Feb 2023₹351₹401₹398
17 Mar 2023₹354₹384₹393
6 Apr 2023₹371₹372₹388
28 Apr 2023₹368₹371₹386
19 May 2023₹421₹385₹388
9 Jun 2023₹483₹418₹397
30 Jun 2023₹486₹450₹410
21 Jul 2023₹477₹462₹419
11 Aug 2023₹536₹497₹435
1 Sep 2023₹584₹519₹450
22 Sep 2023₹612₹566₹473
13 Oct 2023₹614₹588₹492
3 Nov 2023₹584₹593₹506
24 Nov 2023₹516₹572₹513
15 Dec 2023₹525₹555₹515
5 Jan 2024₹554₹542₹516
25 Jan 2024₹544₹538₹519
16 Feb 2024₹490₹531₹520
7 Mar 2024₹466₹509₹514
28 Mar 2024₹410₹475₹504
19 Apr 2024₹473₹465₹497
10 May 2024₹503₹487₹500
31 May 2024₹462₹493₹500
21 Jun 2024₹520₹496₹500
12 Jul 2024₹512₹498₹500
2 Aug 2024₹602₹520₹506
23 Aug 2024₹705₹574₹523
13 Sep 2024₹713₹638₹550
4 Oct 2024₹643₹644₹564
25 Oct 2024₹669₹658₹579
14 Nov 2024₹715₹689₹599
6 Dec 2024₹812₹729₹622
27 Dec 2024₹705₹735₹638
17 Jan 2025₹667₹715₹646
7 Feb 2025₹670₹686₹647
28 Feb 2025₹524₹639₹638
21 Mar 2025₹523₹587₹623
11 Apr 2025₹447₹540₹604
2 May 2025₹459₹514₹589
23 May 2025₹480₹499₹574
13 Jun 2025₹495₹494₹562
4 Jul 2025₹539₹494₹552
25 Jul 2025₹604₹533₹556
14 Aug 2025₹499₹542₹556
5 Sep 2025₹497₹519₹547
26 Sep 2025₹501₹515₹542
17 Oct 2025₹513₹517₹539
7 Nov 2025₹493₹511₹535
28 Nov 2025₹473₹490₹525
19 Dec 2025₹434₹465₹512
9 Jan 2026₹431₹456₹503
1 Feb 2026₹397₹426₹488
20 Feb 2026₹367₹409₹475
13 Mar 2026₹312₹377₹457
2 Apr 2026₹295₹348₹439
24 Apr 2026₹386₹345₹426
15 May 2026₹392₹368₹422
4 Jun 2026₹370₹374₹417
12 Jun 2026₹379₹373₹415
24 Jun 2026₹482₹389₹416
3 Jul 2026₹494₹407₹419
24 Jul 2026₹456₹432₹425
14 Aug 2026₹457₹444₹430
4 Sep 2026₹423₹437₹430
25 Sep 2026₹422₹431₹429
16 Oct 2026₹404₹418₹426
4 Nov 2026₹385₹403₹420
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Falling from Oct 2025 to Jul 2026; Rising from Aug 2026 to Oct 2026; Falling in Oct 2026.

Price stage: Rising from Nov 2023 to Mar 2024; Falling from Mar 2024 to Jun 2024; Sideways from Jun 2024 to Aug 2024; Rising from Aug 2024 to Feb 2025; Falling from Mar 2025 to Jul 2026; Rising from Aug 2026 to Oct 2026; Falling in Oct 2026.

Price stage: Rising from Oct 2021 to Feb 2022; Falling from Mar 2022 to Sep 2022; Rising from Oct 2022 to Mar 2023; Falling from Mar 2023 to Jun 2023; Rising from Jun 2023 to Mar 2024; Falling from Mar 2024 to Jun 2024; Sideways from Jul 2024 to Aug 2024; Rising from Aug 2024 to Feb 2025; Falling from Mar 2025 to Jul 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Dec 2017; Falling from Jan 2018 to Aug 2020; Rising from Sep 2020 to Feb 2022; Falling from Mar 2022 to Sep 2022; Rising from Oct 2022 to Feb 2023; Falling from Mar 2023 to Jun 2023; Rising from Jun 2023 to Mar 2024; Falling from Mar 2024 to Aug 2024; Rising from Aug 2024 to Feb 2025; Falling from Mar 2025 to Jul 2026; Rising from Aug 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 227 of 549 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+18.8%
17 Jun 2016+23.8%
24 Jun 2016+9.9%
1 Jul 2016+8.7%
8 Jul 2016+3.9%
15 Jul 2016+6.1%
22 Jul 2016+2.7%
29 Jul 2016−1.2%
5 Aug 2016−6.8%
12 Aug 2016−4.0%
19 Aug 2016−1.3%
26 Aug 2016+0.8%
2 Sep 2016+3.8%
9 Sep 2016+3.3%
16 Sep 2016+2.0%
23 Sep 2016+5.5%
30 Sep 2016+5.9%
7 Oct 2016+6.9%
14 Oct 2016+11.0%
21 Oct 2016+20.7%
30 Oct 2016+20.5%
4 Nov 2016+14.4%
11 Nov 2016+13.6%
18 Nov 2016+10.5%
25 Nov 2016+7.5%
2 Dec 2016+7.0%
9 Dec 2016+5.6%
16 Dec 2016+7.5%
23 Dec 2016+4.0%
30 Dec 2016−0.2%
6 Jan 2017−2.4%
13 Jan 2017−3.3%
20 Jan 2017−11.4%
27 Jan 2017−14.8%
3 Feb 2017−5.7%
10 Feb 2017−6.5%
17 Feb 2017−6.2%
23 Feb 2017−1.8%
3 Mar 2017−2.4%
10 Mar 2017−5.1%
17 Mar 2017−3.2%
24 Mar 2017+0.8%
31 Mar 2017−1.0%
7 Apr 2017−3.0%
13 Apr 2017−1.1%
21 Apr 2017−1.4%
28 Apr 2017+2.5%
5 May 2017+7.3%
12 May 2017+1.2%
19 May 2017+9.4%
26 May 2017+3.1%
2 Jun 2017+4.9%
9 Jun 2017+11.0%
16 Jun 2017+30.1%
23 Jun 2017+18.3%
30 Jun 2017+18.2%
7 Jul 2017+21.7%
14 Jul 2017+23.9%
21 Jul 2017+23.5%
28 Jul 2017+18.4%
4 Aug 2017+3.7%
11 Aug 2017+12.5%
18 Aug 2017+8.1%
24 Aug 2017+14.5%
1 Sep 2017+8.5%
8 Sep 2017+3.3%
15 Sep 2017−16.5%
22 Sep 2017−8.6%
29 Sep 2017−11.9%
6 Oct 2017−16.6%
13 Oct 2017−13.7%
19 Oct 2017−17.8%
27 Oct 2017−19.8%
3 Nov 2017−11.8%
10 Nov 2017−13.1%
17 Nov 2017−17.8%
24 Nov 2017−17.3%
1 Dec 2017−15.5%
8 Dec 2017−14.6%
15 Dec 2017−15.4%
22 Dec 2017−15.8%
29 Dec 2017−13.0%
5 Jan 2018−12.2%
12 Jan 2018−16.1%
19 Jan 2018−13.1%
25 Jan 2018−7.7%
2 Feb 2018−10.1%
9 Feb 2018−13.7%
16 Feb 2018−5.9%
23 Feb 2018−7.5%
1 Mar 2018−5.3%
9 Mar 2018−8.2%
16 Mar 2018−4.2%
23 Mar 2018−4.9%
28 Mar 2018−0.9%
6 Apr 2018+3.0%
13 Apr 2018+1.2%
20 Apr 2018+3.2%
27 Apr 2018+3.7%
4 May 2018+0.6%
11 May 2018+4.0%
18 May 2018−2.2%
25 May 2018−5.1%
1 Jun 2018−7.5%
8 Jun 2018−12.6%
15 Jun 2018−11.0%
22 Jun 2018−13.5%
29 Jun 2018−17.5%
6 Jul 2018−10.5%
13 Jul 2018−11.1%
20 Jul 2018−12.6%
27 Jul 2018−15.5%
3 Aug 2018−11.4%
10 Aug 2018−14.2%
17 Aug 2018−14.6%
24 Aug 2018−12.0%
31 Aug 2018−12.1%
7 Sep 2018+0.3%
14 Sep 2018+0.5%
21 Sep 2018−0.9%
28 Sep 2018+12.6%
5 Oct 2018−0.3%
12 Oct 2018+4.1%
19 Oct 2018+5.1%
26 Oct 2018−0.6%
2 Nov 2018−2.4%
9 Nov 2018−0.5%
16 Nov 2018−0.9%
22 Nov 2018−0.2%
30 Nov 2018−2.1%
7 Dec 2018−5.1%
14 Dec 2018−12.2%
21 Dec 2018−9.7%
28 Dec 2018−16.8%
4 Jan 2019−15.6%
11 Jan 2019−19.2%
18 Jan 2019−20.9%
25 Jan 2019−13.9%
1 Feb 2019−19.8%
8 Feb 2019−23.5%
15 Feb 2019−34.1%
22 Feb 2019−34.3%
1 Mar 2019−34.1%
8 Mar 2019−37.2%
15 Mar 2019−38.2%
22 Mar 2019−39.0%
29 Mar 2019−45.3%
5 Apr 2019−43.9%
12 Apr 2019−45.5%
18 Apr 2019−43.9%
26 Apr 2019−47.0%
3 May 2019−46.8%
10 May 2019−46.6%
17 May 2019−44.3%
24 May 2019−43.9%
31 May 2019−44.7%
7 Jun 2019−44.5%
14 Jun 2019−51.4%
21 Jun 2019−52.7%
28 Jun 2019−21.9%
5 Jul 2019−28.5%
12 Jul 2019−34.0%
19 Jul 2019−27.6%
26 Jul 2019−26.6%
2 Aug 2019−24.0%
9 Aug 2019−17.2%
16 Aug 2019−15.0%
23 Aug 2019−12.4%
30 Aug 2019−9.3%
6 Sep 2019−6.2%
13 Sep 2019+19.6%
20 Sep 2019+10.5%
27 Sep 2019−23.2%
4 Oct 2019−17.8%
11 Oct 2019−7.9%
18 Oct 2019−5.5%
27 Oct 2019−5.3%
1 Nov 2019+14.9%
8 Nov 2019+3.8%
15 Nov 2019+11.9%
22 Nov 2019+15.5%
29 Nov 2019+11.6%
6 Dec 2019+5.8%
13 Dec 2019+5.9%
20 Dec 2019+19.8%
27 Dec 2019+95.3%
3 Jan 2020+78.9%
10 Jan 2020+62.3%
17 Jan 2020+54.5%
24 Jan 2020+48.4%
1 Feb 2020+14.4%
7 Feb 2020+33.8%
14 Feb 2020+44.1%
20 Feb 2020+37.1%
28 Feb 2020+42.1%
6 Mar 2020+44.4%
13 Mar 2020+35.3%
20 Mar 2020+9.3%
27 Mar 2020−20.8%
3 Apr 2020−29.5%
9 Apr 2020−10.8%
17 Apr 2020−7.0%
24 Apr 2020−11.6%
30 Apr 2020+6.2%
8 May 2020−10.0%
15 May 2020−11.8%
22 May 2020−19.1%
29 May 2020−21.7%
5 Jun 2020−17.2%
12 Jun 2020−28.7%
19 Jun 2020+41.7%
26 Jun 2020+25.7%
3 Jul 2020+61.5%
10 Jul 2020+18.8%
17 Jul 2020−6.2%
24 Jul 2020+3.0%
31 Jul 2020−12.0%
7 Aug 2020+8.1%
14 Aug 2020+6.4%
21 Aug 2020+23.8%
28 Aug 2020+26.9%
4 Sep 2020+15.0%
11 Sep 2020+15.6%
18 Sep 2020−13.2%
25 Sep 2020−12.5%
1 Oct 2020−8.9%
9 Oct 2020−10.3%
16 Oct 2020−2.4%
23 Oct 2020+1.9%
30 Oct 2020−2.3%
6 Nov 2020−11.8%
14 Nov 2020−11.4%
20 Nov 2020+0.4%
27 Nov 2020−12.0%
4 Dec 2020−11.3%
11 Dec 2020−4.2%
18 Dec 2020−9.4%
24 Dec 2020−3.4%
1 Jan 2021−3.9%
8 Jan 2021+4.4%
15 Jan 2021+0.4%
22 Jan 2021−5.8%
29 Jan 2021−7.4%
5 Feb 2021−4.1%
12 Feb 2021−5.8%
19 Feb 2021−24.5%
26 Feb 2021−20.5%
5 Mar 2021−12.8%
12 Mar 2021−16.2%
19 Mar 2021−23.3%
26 Mar 2021−25.6%
1 Apr 2021−21.9%
9 Apr 2021−8.7%
16 Apr 2021−8.4%
23 Apr 2021−8.9%
30 Apr 2021+11.8%
7 May 2021+28.4%
14 May 2021+35.0%
21 May 2021+45.2%
28 May 2021+32.2%
4 Jun 2021+22.9%
11 Jun 2021+41.0%
18 Jun 2021+47.6%
25 Jun 2021+70.1%
2 Jul 2021+65.2%
9 Jul 2021+53.2%
16 Jul 2021+55.0%
23 Jul 2021+60.0%
30 Jul 2021+33.4%
6 Aug 2021+9.2%
13 Aug 2021−2.9%
20 Aug 2021−11.0%
27 Aug 2021+8.4%
3 Sep 2021+7.4%
9 Sep 2021−3.8%
17 Sep 2021−0.3%
24 Sep 2021−4.2%
1 Oct 2021−7.6%
8 Oct 2021−19.3%
14 Oct 2021−8.4%
22 Oct 2021−11.7%
29 Oct 2021−12.3%
4 Nov 2021−6.0%
12 Nov 2021−4.9%
18 Nov 2021−1.9%
26 Nov 2021−9.1%
3 Dec 2021+0.7%
10 Dec 2021+5.0%
17 Dec 2021−0.6%
24 Dec 2021−6.2%
31 Dec 2021−7.9%
7 Jan 2022−1.3%
14 Jan 2022−10.9%
21 Jan 2022−12.5%
28 Jan 2022−12.3%
4 Feb 2022−12.2%
11 Feb 2022−17.9%
18 Feb 2022−18.7%
25 Feb 2022−19.7%
4 Mar 2022−25.4%
11 Mar 2022−27.6%
17 Mar 2022−27.2%
25 Mar 2022−26.9%
1 Apr 2022−23.0%
8 Apr 2022−20.8%
13 Apr 2022−20.4%
22 Apr 2022−21.1%
29 Apr 2022−14.8%
6 May 2022−16.8%
13 May 2022−16.2%
20 May 2022−14.2%
27 May 2022−19.5%
3 Jun 2022−16.0%
10 Jun 2022−13.6%
17 Jun 2022−14.6%
24 Jun 2022−10.9%
1 Jul 2022−14.2%
8 Jul 2022−18.0%
15 Jul 2022−22.7%
22 Jul 2022+0.3%
29 Jul 2022−8.8%
5 Aug 2022−6.4%
12 Aug 2022−3.8%
19 Aug 2022−2.1%
26 Aug 2022−0.3%
2 Sep 2022+15.3%
9 Sep 2022+45.7%
16 Sep 2022+41.9%
23 Sep 2022+43.2%
30 Sep 2022+45.3%
7 Oct 2022+45.8%
14 Oct 2022+41.5%
21 Oct 2022+7.0%
28 Oct 2022+17.3%
4 Nov 2022+10.8%
11 Nov 2022+24.8%
18 Nov 2022+26.2%
25 Nov 2022+43.5%
2 Dec 2022+19.8%
9 Dec 2022−8.9%
16 Dec 2022−6.4%
23 Dec 2022−14.7%
30 Dec 2022−8.5%
6 Jan 2023−11.3%
13 Jan 2023−4.9%
20 Jan 2023+1.5%
27 Jan 2023+2.8%
3 Feb 2023+5.7%
10 Feb 2023+0.1%
17 Feb 2023+0.5%
24 Feb 2023−16.1%
3 Mar 2023−14.1%
10 Mar 2023−2.9%
17 Mar 2023−6.3%
24 Mar 2023−1.8%
31 Mar 2023−9.4%
6 Apr 2023−6.2%
13 Apr 2023−3.0%
21 Apr 2023−10.8%
28 Apr 2023−11.7%
5 May 2023−10.0%
12 May 2023+0.9%
19 May 2023−0.7%
26 May 2023+16.0%
2 Jun 2023+20.7%
9 Jun 2023+14.7%
16 Jun 2023+25.4%
23 Jun 2023+27.4%
30 Jun 2023+26.7%
7 Jul 2023+16.7%
14 Jul 2023+9.0%
21 Jul 2023+20.6%
28 Jul 2023+30.5%
4 Aug 2023+38.1%
11 Aug 2023+19.9%
18 Aug 2023+11.2%
25 Aug 2023+21.2%
1 Sep 2023+18.6%
8 Sep 2023+26.9%
15 Sep 2023+19.8%
22 Sep 2023+16.6%
29 Sep 2023+23.9%
6 Oct 2023+25.8%
13 Oct 2023+29.0%
20 Oct 2023+32.1%
27 Oct 2023+15.8%
3 Nov 2023+2.5%
12 Nov 2023+3.7%
17 Nov 2023+3.8%
24 Nov 2023−13.0%
1 Dec 2023−14.9%
8 Dec 2023−26.6%
15 Dec 2023−23.0%
22 Dec 2023−26.9%
29 Dec 2023−29.0%
5 Jan 2024−22.7%
12 Jan 2024−21.5%
20 Jan 2024−30.0%
25 Jan 2024−27.2%
2 Feb 2024−23.0%
9 Feb 2024−23.5%
16 Feb 2024−24.5%
23 Feb 2024−14.8%
2 Mar 2024−15.5%
7 Mar 2024−16.4%
15 Mar 2024−23.6%
22 Mar 2024−21.6%
28 Mar 2024−27.3%
5 Apr 2024−23.1%
12 Apr 2024−24.0%
19 Apr 2024−18.5%
26 Apr 2024−6.6%
3 May 2024−7.1%
10 May 2024−7.3%
18 May 2024+1.9%
24 May 2024−5.9%
31 May 2024−12.5%
7 Jun 2024−8.1%
14 Jun 2024+9.2%
21 Jun 2024+10.4%
28 Jun 2024+7.2%
5 Jul 2024−0.2%
12 Jul 2024+0.0%
19 Jul 2024−5.1%
26 Jul 2024−12.9%
2 Aug 2024+4.7%
9 Aug 2024+20.4%
16 Aug 2024+11.4%
23 Aug 2024+29.4%
30 Aug 2024+41.1%
6 Sep 2024+38.1%
13 Sep 2024+29.3%
20 Sep 2024+18.7%
27 Sep 2024+24.6%
4 Oct 2024+23.2%
11 Oct 2024+22.7%
18 Oct 2024+42.1%
25 Oct 2024+28.1%
1 Nov 2024+22.0%
8 Nov 2024+18.9%
14 Nov 2024+17.6%
22 Nov 2024+7.5%
29 Nov 2024+10.8%
6 Dec 2024+16.4%
13 Dec 2024+11.1%
20 Dec 2024+14.9%
27 Dec 2024+19.0%
3 Jan 2025+19.0%
10 Jan 2025+14.7%
17 Jan 2025+0.8%
24 Jan 2025+0.3%
1 Feb 2025−4.2%
7 Feb 2025−6.5%
14 Feb 2025−19.8%
21 Feb 2025−6.9%
28 Feb 2025−19.5%
7 Mar 2025−19.4%
13 Mar 2025−25.0%
21 Mar 2025−21.0%
28 Mar 2025−24.8%
4 Apr 2025−31.3%
11 Apr 2025−33.0%
17 Apr 2025−33.1%
25 Apr 2025−29.6%
2 May 2025−32.6%
9 May 2025−41.9%
16 May 2025−13.6%
23 May 2025−32.5%
30 May 2025−20.6%
6 Jun 2025−24.2%
13 Jun 2025−11.6%
20 Jun 2025−21.1%
27 Jun 2025−13.0%
4 Jul 2025+7.3%
11 Jul 2025+4.2%
18 Jul 2025+22.6%
25 Jul 2025+25.4%
1 Aug 2025+23.9%
8 Aug 2025+18.1%
14 Aug 2025−4.3%
22 Aug 2025+3.9%
29 Aug 2025−1.0%
5 Sep 2025+0.9%
12 Sep 2025−2.3%
19 Sep 2025+18.0%
26 Sep 2025+6.3%
3 Oct 2025−1.2%
10 Oct 2025+6.5%
17 Oct 2025−16.5%
24 Oct 2025−20.8%
31 Oct 2025−17.6%
7 Nov 2025−11.0%
14 Nov 2025−6.8%
21 Nov 2025−17.1%
28 Nov 2025−4.9%
5 Dec 2025−13.6%
12 Dec 2025−13.2%
19 Dec 2025−23.0%
26 Dec 2025−16.0%
2 Jan 2026−14.9%
9 Jan 2026−20.7%
16 Jan 2026−21.3%
23 Jan 2026−22.7%
1 Feb 2026−20.4%
6 Feb 2026−19.4%
13 Feb 2026−22.1%
20 Feb 2026−14.0%
27 Feb 2026−18.6%
6 Mar 2026−21.4%
13 Mar 2026−20.7%
20 Mar 2026−17.5%
27 Mar 2026−20.2%
2 Apr 2026−28.8%
10 Apr 2026−21.4%
17 Apr 2026−9.7%
24 Apr 2026+5.2%
30 Apr 2026−1.1%
8 May 2026+15.2%
15 May 2026+10.7%
22 May 2026+8.0%
29 May 2026+3.0%
4 Jun 2026+13.8%
5 Jun 2026+15.2%
10 Jun 2026+12.4%
12 Jun 2026+19.2%
17 Jun 2026+34.8%
19 Jun 2026+26.0%
24 Jun 2026+37.3%
25 Jun 2026+21.7%
1 Jul 2026+23.0%
3 Jul 2026+10.0%
10 Jul 2026+17.6%
17 Jul 2026+15.8%
24 Jul 2026+20.7%
31 Jul 2026+17.5%
7 Aug 2026+20.9%
14 Aug 2026+19.0%
21 Aug 2026+13.0%
28 Aug 2026+2.4%
4 Sep 2026+1.6%
11 Sep 2026−12.4%
18 Sep 2026−7.6%
25 Sep 2026−8.8%
1 Oct 2026−12.9%
9 Oct 2026−10.7%
16 Oct 2026−7.0%
23 Oct 2026−15.5%
30 Oct 2026−15.1%
4 Nov 2026−9.5%
Each bar is one week, from 2016 to now (549 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved −14% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Igarashi Motors India this quarter?

  1. Profit grew again in the June 2026 quarter

    Profit was ₹7 crore, +169.7% on a year earlier (₹3 crore), after 5 quarters of decline.

  2. Revenue up on a year earlier for 4 quarters in a row

    In the June 2026 quarter revenue was ₹251 crore, +22.5% on a year earlier.

What are Igarashi Motors India's latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Igarashi Motors India reported revenue of ₹251 crore, up 22.5% from ₹205 crore a year earlier, and a profit of ₹6.77 crore, up 169.7% from ₹2.51 crore.

Igarashi Motors India results: April to June 2026 against a year earlier

Igarashi Motors India results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹251 crore₹205 crore+22.5%
Profit₹6.77 crore₹2.51 crore+169.7%
Earnings per share₹2.15₹0.80+168.7%
Operating margin9.8%9.6%+0.2 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Igarashi Motors India share price history?

Igarashi Motors India closed at ₹385.45 on 4 November 2026, down 21.8% from ₹492.85 a year earlier (7 November 2025) and down 28.1% over five years. Its highest weekly close since March 2016 was ₹975.16 on 16 June 2017.

Igarashi Motors India share price: then and now

Igarashi Motors India share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹352.95+9.2%
1 month ago · 1 Oct 2026₹399.25−3.5%
6 months ago · 8 May 2026₹435.50−11.5%
1 year ago · 7 Nov 2025₹492.85−21.8%
3 years ago · 3 Nov 2023₹583.80−34.0%
5 years ago · 4 Nov 2021₹536.35−28.1%
10 years ago · 4 Nov 2016₹685.20−43.7%
Earliest weekly close in our records · 11 Mar 2016₹445.96−13.6%
Highest weekly close since March 2016 · 16 Jun 2017₹975.16−60.5%
Lowest weekly close since March 2016 · 3 Apr 2020₹154.30+149.8%
52-week high (weekly close) · 3 Jul 2026₹493.75−21.9%
52-week low (weekly close) · 2 Apr 2026₹294.60+30.8%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Igarashi Motors India?

4 Nov 2026: Igarashi Motors India closed at ₹385.45, up 9.2% on the week and down 3.5% on the month. 31 Jul 2026: ex-date for a dividend of ₹1.30 a share.

Earlier

  • Results for April to June 2026: Revenue up 22.5% and profit up 169.7% on a year earlier.

What dividend does Igarashi Motors India pay?

Igarashi Motors India paid ₹1.30 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.34% at the ₹385.45 close on 4 November 2026. The last was a dividend of ₹1.30 a share, ex-date 31 July 2026.

Igarashi Motors India dividends since 1 April 2021

Igarashi Motors India dividends since 1 April 2021
Ex-dateDividend per shareType
31 Jul 2026Dividend₹1.30Dividend
31 Jul 2025Dividend₹2.50Dividend
31 Jul 2024Dividend₹1Dividend
31 Jul 2023Dividend₹1Dividend
29 Jul 2021Dividend₹1.50Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

4 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Igarashi Motors India Ltd paid out 34% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Which stock lists is Igarashi Motors India on?

Igarashi Motors India is not on any of our India lists this week.

Is Igarashi Motors India profitable?

Igarashi Motors India Ltd earned ₹6.8 Cr of net profit in the Jun 2026 quarter, +169.7% on the same quarter a year earlier. Full-year FY26 profit was ₹12.0 Cr. Over 10 years profit has grown −15.4% a year on average. That is 2.7% of the quarter's revenue. The same quarter a year earlier earned ₹2.5 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹12.0 Cr (−50.0% on the year before).

FY26 profit ₹12.0 Cr (−50.0% on the year before), −15.4% a year over 10 years

  • Net profit ₹12.0
FY26 profit ₹12.0 Cr (−50.0% on the year before), −15.4% a year over 10 years
QuarterNet profit
FY16₹64
FY17₹75
FY18₹95
FY19₹57
FY20₹30
FY21₹26
FY22₹1
FY23₹5
FY24₹10
FY25₹24
FY26₹12

Growth on a year earlier

  • Growth on a year earlier −50%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1630.6%
FY1717.2%
FY1826.7%
FY19−40%
FY20−47.4%
FY21−13.3%
FY22−96.2%
FY23400%
FY24100%
FY25140%
FY26−50%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹6.8 Cr (+169.7% on a year earlier)

  • Net profit (quarterly) ₹6.8
Jun 2026: ₹6.8 Cr (+169.7% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023₹1
Dec 2023₹2
Mar 2024₹5
Jun 2024₹8
Sep 2024₹8
Dec 2024₹5
Mar 2025₹3
Jun 2025₹3
Sep 2025₹5
Dec 2025₹4
Mar 2026₹2
Jun 2026₹7

Growth on a year earlier

  • Growth on a year earlier 169.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 202316.4%
Mar 2024−32.6%
Jun 2024470.6%
Sep 2024433.6%
Dec 2024230.8%
Mar 2025−40.5%
Jun 2025−69.2%
Sep 2025−41.7%
Dec 2025−32.2%
Mar 2026−48%
Jun 2026169.7%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +22.5% on a year earlier and the margin moved +0.2 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +11.9% and revenue +11.4%. Profit and revenue are moving at about the same pace.

How much revenue does Igarashi Motors India make, and is it growing?

Igarashi Motors India Ltd reported ₹251 Cr of revenue in the Jun 2026 quarter, +22.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 6.9% a year on average. The last full year, FY26, came in at ₹866 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹912 Cr.

FY26 revenue was ₹866 Cr, +3.3% on the year before.

FY26 revenue ₹866 Cr (+3.3% on the year before), 6.9% a year over 10 years

  • Revenue ₹866
FY26 revenue ₹866 Cr (+3.3% on the year before), 6.9% a year over 10 years
QuarterRevenue
FY16₹445
FY17₹516
FY18₹671
FY19₹606
FY20₹534
FY21₹533
FY22₹556
FY23₹656
FY24₹725
FY25₹838
FY26₹866

Growth on a year earlier

  • Growth on a year earlier 3.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1615.6%
FY1716%
FY1830%
FY19−9.7%
FY20−11.9%
FY21−0.2%
FY224.3%
FY2318%
FY2410.5%
FY2515.6%
FY263.3%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹251 Cr (+22.5% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹251
Jun 2026: ₹251 Cr (+22.5% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹178
Dec 2023₹174
Mar 2024₹205
Jun 2024₹222
Sep 2024₹216
Dec 2024₹211
Mar 2025₹189
Jun 2025₹205
Sep 2025₹219
Dec 2025₹216
Mar 2026₹226
Jun 2026₹251

Growth on a year earlier

  • Growth on a year earlier 22.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20232.6%
Dec 20234.1%
Mar 202418.3%
Jun 202432%
Sep 202421.1%
Dec 202421.3%
Mar 2025−7.4%
Jun 2025−7.8%
Sep 20251.4%
Dec 20252.5%
Mar 202619.3%
Jun 202622.5%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +11.4% on average, against 6.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.1%, against +8.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −11.4%, against +0.2% a year (rolling over).

How much of every ₹100 of sales does Igarashi Motors India keep?

Igarashi Motors India Ltd's operating margin was 9.8% in the Jun 2026 quarter, 0.2 percentage points higher than the same quarter a year ago. Across 13 years it has been between 8.0% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.2 percentage points on the year while gross margin changed −1.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 10.0%, within a range of 8.0% to 24.0% over 13 years

  • Operating margin 10.0%
FY26: 10.0%, within a range of 8.0% to 24.0% over 13 years
QuarterOperating margin
FY1419%
FY1521%
FY1624%
FY1724%
FY1824%
FY1919%
FY2015%
FY2114%
FY228%
FY239%
FY2410%
FY2511%
FY2610%

Change on the year before (points)

  • Change on the year before (points) −1.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15+2.0 pts
FY16+3.0 pts
FY170.0 pts
FY180.0 pts
FY19−5.0 pts
FY20−4.0 pts
FY21−1.0 pts
FY22−6.0 pts
FY23+1.0 pts
FY24+1.0 pts
FY25+1.0 pts
FY26−1.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 9.8% (+0.2 points on a year earlier)

  • Operating margin 9.77%
Jun 2026: operating margin 9.8% (+0.2 points on a year earlier)
QuarterOperating margin
Sep 20239.71%
Dec 20239.95%
Mar 202410.97%
Jun 202411.4%
Sep 202412.16%
Dec 202411.26%
Mar 202510.4%
Jun 20259.58%
Sep 202510.71%
Dec 20259.44%
Mar 20268.53%
Jun 20269.77%

Change on a year earlier (points)

  • Change on a year earlier (points) +0.2 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023+0.8 pts
Mar 2024−1.7 pts
Jun 2024+1.8 pts
Sep 2024+2.4 pts
Dec 2024+1.3 pts
Mar 2025−0.6 pts
Jun 2025−1.8 pts
Sep 2025−1.4 pts
Dec 2025−1.8 pts
Mar 2026−1.9 pts
Jun 2026+0.2 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Igarashi Motors India's profit turning into cash?

Over the last 3 years, 517% of Igarashi Motors India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹94.0 Cr of operating cash against ₹12.0 Cr of profit. After ₹89.0 Cr of spending on assets, ₹5.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹94.0 Cr against profit ₹12.0 Cr; 517% of 3 years' profit came in as cash

  • Operating cash ₹94.0
  • Net profit ₹12.0
  • Free cash ₹5
FY26: operating cash ₹94.0 Cr against profit ₹12.0 Cr; 517% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹64₹64₹17
FY17₹82₹75₹49
FY18₹94₹95−₹147
FY19₹164₹57₹82
FY20₹90₹30₹48
FY21₹41₹26₹21
FY22₹73₹1₹20
FY23₹34₹5−₹16
FY24₹50₹10−₹8
FY25₹94₹24₹9
FY26₹94₹12₹5
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 783% of profit (517% over three years)

  • Operating cash as % of profit 300%
  • Break-even line 100%
FY26: operating cash was 783% of profit (517% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16100%100%
FY17109%100%
FY1899%100%
FY19288%100%
FY20300%100%
FY21158%100%
FY22300%100%
FY23300%100%
FY24300%100%
FY25300%100%
FY26300%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 517% of profit came in as cash: the cash cycle got 30 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Igarashi Motors India's cash go?

Igarashi Motors India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 61 days in FY26, down from 91 days in FY21. It spent ₹232 Cr on assets over the last 3 years. Customers take 91 days to pay, and stock sits for 75 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹866 Cr, each day of that cycle ties up about ₹2.4 Cr, so roughly ₹145 Cr is tied up in the business at any time.

FY26: customers took 91 days to pay and stock sat for 75 days, about 2.5 months of sales sitting as stock, for a full cycle of 61 days, shorter than FY21's 91.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 75 days. Customers pay about 91 days after that. Suppliers are paid at 106 days. Together that makes the 61-day cycle.

FY26: a 61-day cash cycle, −30 days compared with FY21

  • Cash cycle 61d
  • Inventory days 75d
  • Debtor days 91d
  • Payable days 106d
FY26: a 61-day cash cycle, −30 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1442d38d70d67d
FY1520d51d74d105d
FY1624d47d70d94d
FY1717d54d73d110d
FY1861d62d92d92d
FY1966d67d85d87d
FY2069d89d94d113d
FY2191d115d114d139d
FY2277d81d88d92d
FY2394d91d98d95d
FY2487d86d104d103d
FY2576d75d76d74d
FY2661d75d91d106d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹232 Cr over the last 3 years, against ₹158 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹53.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹89.0 Cr, work in progress ₹53.0 Cr, steady spending

  • Capex ₹89.0
  • Work-in-progress ₹53.0
FY26: capex ₹89.0 Cr, work in progress ₹53.0 Cr, steady spending
QuarterCapexWork-in-progress
FY16₹47₹12
FY17₹33₹3
FY18₹241₹44
FY19₹82₹23
FY20₹42₹11
FY21₹20₹10
FY22₹53₹11
FY23₹50₹13
FY24₹58₹35
FY25₹85₹43
FY26₹89₹53
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Igarashi Motors India's P/E ratio, and how does it compare with its own history?

Igarashi Motors India Ltd's P/E is 74.0×, in the middle of its own history: higher than 67% of past readings. Its usual P/E (the middle reading) is 49.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 74.0× against a usual 49.4×: in the middle of its own history: higher than 67% of past readings

  • P/E 67.7×
  • Median 49.4×
P/E 74.0× against a usual 49.4×: in the middle of its own history: higher than 67% of past readings
WeekP/EMedian
11 Mar 201624.7×49.4×
1 Apr 201627.1×49.4×
22 Apr 201628.6×49.4×
13 May 201631.2×49.4×
3 Jun 201630.8×49.4×
24 Jun 201631.0×49.4×
15 Jul 201630.4×49.4×
5 Aug 201630.9×49.4×
26 Aug 201631.6×49.4×
16 Sep 201633.0×49.4×
7 Oct 201633.2×49.4×
30 Oct 201634.7×49.4×
18 Nov 201630.5×49.4×
9 Dec 201630.5×49.4×
30 Dec 201630.0×49.4×
20 Jan 201729.2×49.4×
10 Feb 201730.9×49.4×
3 Mar 201731.8×49.4×
24 Mar 201733.2×49.4×
13 Apr 201731.5×49.4×
5 May 201736.0×49.4×
26 May 201734.0×49.4×
16 Jun 201744.2×49.4×
7 Jul 201741.5×49.4×
28 Jul 201741.6×49.4×
18 Aug 201740.7×49.4×
8 Sep 201740.4×49.4×
29 Sep 201737.0×49.4×
19 Oct 201736.3×49.4×
10 Nov 201738.1×49.4×
1 Dec 201737.1×49.4×
22 Dec 201738.4×49.4×
12 Jan 201836.3×49.4×
2 Feb 201834.9×49.4×
23 Feb 201834.2×49.4×
16 Mar 201833.0×49.4×
6 Apr 201834.6×49.4×
27 Apr 201835.0×49.4×
18 May 201833.8×49.4×
8 Jun 201827.9×49.4×
29 Jun 201825.9×49.4×
20 Jul 201828.0×49.4×
10 Aug 201828.2×49.4×
31 Aug 201827.3×49.4×
21 Sep 201827.0×49.4×
12 Oct 201824.5×49.4×
2 Nov 201823.4×49.4×
22 Nov 201821.9×49.4×
14 Dec 201821.2×49.4×
4 Jan 201920.5×49.4×
25 Jan 201919.2×49.4×
15 Feb 201916.7×49.4×
8 Mar 201916.8×49.4×
29 Mar 201914.7×49.4×
18 Apr 201914.1×49.4×
10 May 201911.3×49.4×
31 May 201913.8×49.4×
21 Jun 201910.0×49.4×
12 Jul 201911.7×49.4×
2 Aug 201911.1×49.4×
23 Aug 201914.9×49.4×
13 Sep 201915.2×49.4×
4 Oct 201914.1×49.4×
27 Oct 201916.2×49.4×
15 Nov 201924.3×49.4×
6 Dec 201923.0×49.4×
27 Dec 201940.3×49.4×
17 Jan 202035.4×49.4×
7 Feb 202033.6×49.4×
28 Feb 202030.3×49.4×
20 Mar 202017.1×49.4×
9 Apr 202018.5×49.4×
30 Apr 202021.6×49.4×
22 May 202018.5×49.4×
12 Jun 202023.4×49.4×
3 Jul 202029.9×49.4×
24 Jul 202027.8×49.4×
14 Aug 202069.0×49.4×
4 Sep 202072.0×49.4×
25 Sep 202065.8×49.4×
16 Oct 202067.9×49.4×
6 Nov 202067.0×49.4×
27 Nov 202061.0×49.4×
18 Dec 202063.1×49.4×
8 Jan 202167.0×49.4×
29 Jan 202159.1×49.4×
19 Feb 202159.3×49.4×
12 Mar 202158.7×49.4×
1 Apr 202153.3×49.4×
23 Apr 202160.4×49.4×
14 May 202185.1×49.4×
4 Jun 202152.8×49.4×
25 Jun 202159.5×49.4×
16 Jul 202166.7×49.4×
6 Aug 202162.4×49.4×
27 Aug 202140.6×49.4×
17 Sep 202140.4×49.4×
8 Oct 202141.6×49.4×
29 Oct 202140.4×49.4×
18 Nov 202146.0×49.4×
10 Dec 202150.1×49.4×
31 Dec 202145.8×49.4×
21 Jan 202243.9×49.4×
11 Feb 202280.9×49.4×
4 Mar 202271.2×49.4×
25 Mar 202272.1×49.4×
13 Apr 202279.2×49.4×
6 May 202269.3×49.4×
26 May 2023148.2×49.4×
16 Jun 2023148.2×49.4×
7 Jul 2023148.2×49.4×
28 Jul 2023148.2×49.4×
18 Aug 2023147.1×49.4×
8 Sep 2023148.2×49.4×
29 Sep 2023148.2×49.4×
20 Oct 2023148.2×49.4×
12 Nov 2023148.2×49.4×
1 Dec 2023144.6×49.4×
22 Dec 2023137.4×49.4×
12 Jan 2024148.1×49.4×
2 Feb 2024144.8×49.4×
23 Feb 2024131.0×49.4×
15 Mar 2024110.9×49.4×
5 Apr 2024121.2×49.4×
26 Apr 2024141.4×49.4×
18 May 2024136.9×49.4×
7 Jun 2024148.2×49.4×
28 Jun 2024148.2×49.4×
19 Jul 2024148.2×49.4×
9 Aug 2024125.8×49.4×
30 Aug 2024137.2×49.4×
20 Sep 2024127.9×49.4×
11 Oct 2024122.9×49.4×
1 Nov 2024142.8×49.4×
22 Nov 2024101.4×49.4×
13 Dec 2024106.2×49.4×
3 Jan 2025101.0×49.4×
24 Jan 202587.2×49.4×
14 Feb 202563.7×49.4×
7 Mar 202565.6×49.4×
28 Mar 202559.2×49.4×
17 Apr 202556.7×49.4×
9 May 202552.7×49.4×
30 May 202562.8×49.4×
20 Jun 202560.1×49.4×
11 Jul 202566.4×49.4×
1 Aug 202575.7×49.4×
22 Aug 202584.6×49.4×
12 Sep 202584.1×49.4×
3 Oct 202589.0×49.4×
24 Oct 202585.9×49.4×
14 Nov 202599.3×49.4×
5 Dec 202590.0×49.4×
26 Dec 202591.0×49.4×
16 Jan 202679.3×49.4×
6 Feb 202681.7×49.4×
27 Feb 202683.2×49.4×
20 Mar 202672.9×49.4×
10 Apr 202674.9×49.4×
30 Apr 202689.6×49.4×
22 May 202699.8×49.4×
5 Jun 202695.5×49.4×
17 Jun 2026106.3×49.4×
25 Jun 2026122.7×49.4×
10 Jul 2026123.1×49.4×
31 Jul 2026116.6×49.4×
21 Aug 202685.3×49.4×
11 Sep 202680.0×49.4×
1 Oct 202676.6×49.4×
23 Oct 202668.3×49.4×
30 Oct 202667.7×49.4×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹5
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹18
22 Apr 2016₹18
13 May 2016₹18
3 Jun 2016₹18
24 Jun 2016₹19
15 Jul 2016₹19
5 Aug 2016₹19
26 Aug 2016₹19
16 Sep 2016₹19
7 Oct 2016₹21
30 Oct 2016₹21
18 Nov 2016₹21
9 Dec 2016₹21
30 Dec 2016₹21
20 Jan 2017₹21
10 Feb 2017₹21
3 Mar 2017₹21
24 Mar 2017₹22
13 Apr 2017₹22
5 May 2017₹22
26 May 2017₹22
16 Jun 2017₹22
7 Jul 2017₹22
28 Jul 2017₹22
18 Aug 2017₹22
8 Sep 2017₹22
29 Sep 2017₹22
19 Oct 2017₹22
10 Nov 2017₹22
1 Dec 2017₹22
22 Dec 2017₹21
12 Jan 2018₹21
2 Feb 2018₹21
23 Feb 2018₹21
16 Mar 2018₹21
6 Apr 2018₹22
27 Apr 2018₹22
18 May 2018₹22
8 Jun 2018₹22
29 Jun 2018₹23
20 Jul 2018₹23
10 Aug 2018₹23
31 Aug 2018₹23
21 Sep 2018₹26
12 Oct 2018₹26
2 Nov 2018₹26
22 Nov 2018₹26
14 Dec 2018₹26
4 Jan 2019₹27
25 Jan 2019₹27
15 Feb 2019₹27
8 Mar 2019₹27
29 Mar 2019₹24
18 Apr 2019₹24
10 May 2019₹24
31 May 2019₹24
21 Jun 2019₹18
12 Jul 2019₹18
2 Aug 2019₹18
23 Aug 2019₹18
13 Sep 2019₹18
4 Oct 2019₹14
27 Oct 2019₹14
15 Nov 2019₹14
6 Dec 2019₹14
27 Dec 2019₹10
17 Jan 2020₹10
7 Feb 2020₹10
28 Feb 2020₹10
20 Mar 2020₹11
9 Apr 2020₹11
30 Apr 2020₹11
22 May 2020₹11
12 Jun 2020₹11
3 Jul 2020₹10
24 Jul 2020₹10
14 Aug 2020₹10
4 Sep 2020₹10
25 Sep 2020₹4
16 Oct 2020₹4
6 Nov 2020₹4
27 Nov 2020₹4
18 Dec 2020₹5
8 Jan 2021₹5
29 Jan 2021₹5
19 Feb 2021₹5
12 Mar 2021₹5
1 Apr 2021₹5
23 Apr 2021₹5
14 May 2021₹5
4 Jun 2021₹5
25 Jun 2021₹8
16 Jul 2021₹8
6 Aug 2021₹8
27 Aug 2021₹8
17 Sep 2021₹13
8 Oct 2021₹13
29 Oct 2021₹13
18 Nov 2021₹13
10 Dec 2021₹13
31 Dec 2021₹11
21 Jan 2022₹11
11 Feb 2022₹11
4 Mar 2022₹11
25 Mar 2022₹5
13 Apr 2022₹5
6 May 2022₹5
26 May 2023₹5
16 Jun 2023₹5
7 Jul 2023₹2
28 Jul 2023₹2
18 Aug 2023₹2
8 Sep 2023₹2
29 Sep 2023₹4
20 Oct 2023₹4
12 Nov 2023₹4
1 Dec 2023₹4
22 Dec 2023₹4
12 Jan 2024₹4
2 Feb 2024₹4
23 Feb 2024₹4
15 Mar 2024₹4
5 Apr 2024₹4
26 Apr 2024₹4
18 May 2024₹4
7 Jun 2024₹4
28 Jun 2024₹3
19 Jul 2024₹3
9 Aug 2024₹3
30 Aug 2024₹3
20 Sep 2024₹5
11 Oct 2024₹5
1 Nov 2024₹5
22 Nov 2024₹5
13 Dec 2024₹5
3 Jan 2025₹7
24 Jan 2025₹7
14 Feb 2025₹7
7 Mar 2025₹7
28 Mar 2025₹8
17 Apr 2025₹8
9 May 2025₹8
30 May 2025₹8
20 Jun 2025₹8
11 Jul 2025₹8
1 Aug 2025₹8
22 Aug 2025₹8
12 Sep 2025₹8
3 Oct 2025₹6
24 Oct 2025₹6
14 Nov 2025₹6
5 Dec 2025₹6
26 Dec 2025₹5
16 Jan 2026₹5
6 Feb 2026₹5
27 Feb 2026₹5
20 Mar 2026₹4
10 Apr 2026₹4
30 Apr 2026₹4
22 May 2026₹4
5 Jun 2026₹4
17 Jun 2026₹4
25 Jun 2026₹4
10 Jul 2026₹4
31 Jul 2026₹4
21 Aug 2026₹4
11 Sep 2026₹4
1 Oct 2026₹5
23 Oct 2026₹5
30 Oct 2026₹5
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 148× are drawn at the top edge.

PEG 6.12: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 6.00×
  • PEG = 1.0 1.00×
PEG 6.12: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q4 FY241.62×1.00×
Q1 FY251.87×1.00×
Q2 FY250.97×1.00×
Q3 FY250.73×1.00×
Q4 FY250.42×1.00×
Q1 FY266.00×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 6 quarters; values above 6 are drawn at the top edge.
74.0×P/E · higher than 67% of its last 11 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −49.7% while the price moved −21.8%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved −6.4% a year; about −16.3% a year came from earnings growth and about +9.9 percentage points from the multiple (the market paying more); over 10 years the price moved −5.6% a year; about −13.0% a year came from earnings growth and about +7.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Igarashi Motors India business getting better or worse?

Igarashi Motors India Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −11.4% in the latest quarter, against +152.0% at its best in 12 quarters, with ROCE steady at 6.0%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +3.3% in FY26, profit −50.0%

  • Revenue growth 3.3%
Growth year by year: revenue +3.3% in FY26, profit −50.0%
QuarterRevenue growth
FY1615.6%
FY1716%
FY1830%
FY19−9.7%
FY20−11.9%
FY21−0.2%
FY224.3%
FY2318%
FY2410.5%
FY2515.6%
FY263.3%

Profit growth, EPS growth

  • Profit growth −50%
  • EPS growth −49.7%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1630.6%30%
FY1717.2%18.4%
FY1826.7%26.4%
FY19−40%−34.1%
FY20−47.4%−47.9%
FY21−13.3%−14.3%
FY22−96.2%−95.3%
FY23300%300%
FY24100%83.1%
FY25140%152.6%
FY26−50%−49.7%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue 11.1%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 202321.3%
Dec 202311.5%
Mar 202410.4%
Jun 202414.2%
Sep 202418.9%
Dec 202423.1%
Mar 202515.6%
Jun 20255.4%
Sep 20250.9%
Dec 2025−2.8%
Mar 20263.3%
Jun 202611.1%

Profit, EPS

  • Profit −11.4%
  • EPS −11.4%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 202493%83.1%
Jun 202456.9%50.1%
Sep 202491%91.2%
Dec 2024117.3%117.5%
Mar 2025152%152.3%
Jun 202513.5%13.5%
Sep 2025−32.6%−32.5%
Dec 2025−48.2%−48.1%
Mar 2026−49.8%−49.7%
Jun 2026−11.4%−11.4%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 6%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 20236.4%
Dec 20236.1%
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 20256.6%
Dec 20255.7%
Mar 20265.4%
Jun 20266%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +11.1%, range −2.8% to +23.1%
FlatProfit growth · latest −11.4%, range −49.8% to +152.0%
FlatEPS growth · latest −11.4%, range −49.7% to +152.3%
Stuck lowROCE · latest 6.0%, range 5.4% to 6.6%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+3.3%+9.7%+10.2%+6.9%
Profit−50.0%+33.9%−14.3%−15.4%
EPS−49.7%+32.5%−13.9%−14.5%
Share price−21.8%−12.9%−6.4%−5.6%
+22.5%Revenue growth (Jun 2026) · latest quarter against a year ago
+169.7%Profit growth (Jun 2026) · latest quarter against a year ago
6.9%Revenue, 10 years · yearly growth over the long run

How much does Igarashi Motors India earn on its capital?

Igarashi Motors India Ltd earned a ROCE of 5% in FY26. That is up from a low of 2% in FY22. Its return on capital used (ROIC) is 7.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 1.4% net margin and 1.04× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 1.4% net margin × 1.04× asset turnover × 1.79× leverage (assets divided by equity) ≈ 2.6% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 4.6% − 12.0% = −7.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROCE 5%, the climb back from FY22's 2%

  • ROCE 5%
  • ROIC (annual) 3.8%
  • Cost of capital 12%
FY26: ROCE 5%, the climb back from FY22's 2%
QuarterROCEROIC (annual)Cost of capital
FY1427%–12%
FY1527%–12%
FY1632%–12%
FY1732%–12%
FY1833%–12%
FY1919%–12%
FY209%–12%
FY217%–12%
FY222%0.4%12%
FY234%1.9%12%
FY245%3.2%12%
FY258%5.8%12%
FY265%3.8%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 6.2% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 6.2%
  • ROIC (12 months) 3.7%
  • Cost of capital 12.0%
Q4 FY26: ROCE 6.2% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY245.4%3.3%12%
Q3 FY24–3.6%12%
Q4 FY245%4.1%12%
Q1 FY25–3.4%12%
Q2 FY258.4%4.5%12%
Q3 FY25–5.6%12%
Q4 FY258.9%6.2%12%
Q1 FY26–5.9%12%
Q2 FY266.7%4.9%12%
Q3 FY26–4.2%12%
Q4 FY266.2%3.8%12%
Q1 FY27–3.7%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Igarashi Motors India have too much debt?

Igarashi Motors India Ltd has total debt of ₹147 Cr against shareholder equity of ₹467 Cr as of Jun 2026, so its debt is 0.31× its equity. Year by year, that ratio went from 0.23 in FY22 to 0.31 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹147 Cr, 0.31× equity

  • Total debt ₹147
FY26: debt ₹147 Cr, 0.31× equity
QuarterTotal debt
FY22₹100
FY23₹121
FY24₹138
FY25₹152
FY26₹147

Debt-to-equity

  • Debt-to-equity 0.31×
Debt-to-equity
QuarterDebt-to-equity
FY220.23×
FY230.28×
FY240.31×
FY250.33×
FY260.31×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹147 Cr, debt-to-equity 0.31

  • Total debt (quarterly) ₹147
Jun 2026: debt ₹147 Cr, debt-to-equity 0.31
QuarterTotal debt (quarterly)
Sep 2023₹123
Dec 2023₹123
Mar 2024₹138
Jun 2024₹138
Sep 2024₹150
Dec 2024₹150
Mar 2025₹152
Jun 2025₹152
Sep 2025₹143
Dec 2025₹143
Mar 2026₹147
Jun 2026₹147

Debt-to-equity

  • Debt-to-equity 0.31×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.28×
Dec 20230.28×
Mar 20240.31×
Jun 20240.31×
Sep 20240.33×
Dec 20240.33×
Mar 20250.33×
Jun 20250.33×
Sep 20250.31×
Dec 20250.31×
Mar 20260.31×
Jun 20260.31×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Igarashi Motors India shareholding pattern?

Domestic institutions raised their stake in Igarashi Motors India Ltd by 1.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 3.6% of the company. Foreign institutions moved −0.9 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +1.9 points over 8 quarters, to 3.6%; Foreign institutions: −0.9 points over 8 quarters, to 0.0%; Promoters: +0.0 points over 8 quarters, to 75.0%.

Why the owners changed: domestic institutions drove it (+1.9 points), with the other side taken by foreign institutions (−0.9 points). They raised their stake step by step.

Year ends: foreign institutions −0.8 points from Mar 2024 to Mar 2026

  • Promoters 75%
  • Foreign inst. 0.13%
  • Domestic inst. 2.12%
  • Public 22.75%
Year ends: foreign institutions −0.8 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202475%0.89%1.87%22.25%
Mar 202575%1.15%2.28%21.57%
Mar 202675%0.13%2.12%22.75%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 1.9 points over 8 quarters

  • Promoters 75%
  • Foreign inst. 0.03%
  • Domestic inst. 3.64%
  • Public 21.32%
Domestic institutions raised their stake by 1.9 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202375%0.14%2.62%22.24%
Dec 202375%0.86%1.9%22.23%
Mar 202475%0.89%1.87%22.25%
Jun 202475%0.82%2.05%22.13%
Sep 202475%0.9%1.73%22.35%
Dec 202475%1.3%1.79%21.9%
Mar 202575%1.15%2.28%21.57%
Jun 202575%0.94%2.08%21.98%
Sep 202575%0.12%2.21%22.66%
Dec 202575%0.1%2.13%22.77%
Mar 202675%0.13%2.12%22.75%
Jun 202675%0.5%3.65%20.86%
Sep 202675%0.03%3.64%21.32%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Igarashi Motors India from balance-sheet trouble?

For Igarashi Motors India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Igarashi Motors India rank in its industry?

23.4 out of 100, rank 19 of 19 in Capital Goods - Electric General, with 89% of the evidence available.

Igarashi Motors India Ltd scores 23.4 out of 100 against the 19 companies it is compared with in Capital Goods - Electric General, ranking 19. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 11.3 + 4.7 + 4 + 3.4 = 23.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Igarashi Motors India compared with?

Igarashi Motors India ranks 19 of 19 Capital Goods - Electric General companies on the 4-Factor Sector Score, with 23.4 out of 100.

  1. 1Modison LtdMODISONLTD · leader · Most evidence points up · 100% evidence78.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.1/35 · Revenue 84.9% · Profit 100% · Operating margin change -2 points · 100% evidenceCapital efficiency 17.1/25 · ROCE 31% · Operating margin 11% · 100% evidenceValuation 15.1/20 · P/E 9.6× · PEG 0.46 · 100% evidenceRelative strength 18.7/20 · Lead over its industry 47.3% · Lead over NIFTY 500 46.8% · 1 year 128.5% · 100% evidence · 12 of 12 weeks aheadExact sum: 27.1 + 17.1 + 15.1 + 18.7 = 78 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Rishabh Instruments LtdRISHABH · leader · Most evidence points up · 96% evidence68.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.8/35 · Revenue 5.8% · Profit 100% · Operating margin change 2 points · 88% evidenceCapital efficiency 16.9/25 · ROCE 14.5% · Operating margin 17% · 100% evidenceValuation 10.8/20 · P/E 30× · PEG 1.24 · 100% evidenceRelative strength 16.3/20 · Lead over its industry 22.8% · Lead over NIFTY 500 25.5% · 1 year 52.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 24.8 + 16.9 + 10.8 + 16.3 = 68.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Spectrum Electrical Industries LtdSPECTRUM · leader · Most evidence points up · 89% evidence68.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 40.8% · Profit 92.3% · Operating margin change 1 points · 88% evidenceCapital efficiency 17.2/25 · ROCE 17.8% · Operating margin 15% · 100% evidenceValuation 6.7/20 · P/E 135× · PEG 1.9 · 65% evidenceRelative strength 20.0/20 · Lead over its industry 119.7% · Lead over NIFTY 500 122.5% · 1 year 158.8% · 100% evidence · 12 of 12 weeks aheadExact sum: 24.3 + 17.2 + 6.7 + 20 = 68.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  4. 4Modern Insulators LtdMODINSULAT · turning · Most evidence points up · 78% evidence68.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.5/35 · Revenue 41.6% · Profit 100% · Operating margin change 8 points · 83% evidenceCapital efficiency 18.3/25 · ROCE 19.3% · Operating margin 17% · 76% evidenceValuation 7.7/20 · P/E 22.4× · PEG — · 50% evidenceRelative strength 12.6/20 · Lead over its industry 35.3% · Lead over NIFTY 500 36.4% · 1 year 195.4% · 100% evidence · 4 of 12 weeks aheadExact sum: 29.5 + 18.3 + 7.7 + 12.6 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  5. 5V-Guard Industries LtdVGUARD · quiet · Evidence leans up · 100% evidence62.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.7/35 · Revenue 21.5% · Profit 41.7% · Operating margin change 1 points · 100% evidenceCapital efficiency 16.1/25 · ROCE 18.4% · Operating margin 9% · 100% evidenceValuation 14.7/20 · P/E 28.7× · PEG 1.12 · 100% evidenceRelative strength 7.3/20 · Lead over its industry -12.4% · Lead over NIFTY 500 -7.7% · 1 year -22.7% · 100% evidence · 5 of 12 weeks aheadExact sum: 24.7 + 16.1 + 14.7 + 7.3 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Insolation Energy LtdINA · quiet · Evidence leans up · 81% evidence59.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.3/35 · Revenue 81.7% · Profit 45.2% · Operating margin change -6 points · 88% evidenceCapital efficiency 16.5/25 · ROCE 22.4% · Operating margin 10% · 100% evidenceValuation 19.5/20 · P/E 7.8× · PEG 0.23 · 100% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -36.5% · 1 year -61.5% · 25% evidence · 0 of 12 weeks aheadExact sum: 16.3 + 16.5 + 19.5 + 7.5 = 59.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Alpex Solar LtdALPEXSOLAR · quiet · Evidence leans up · 64% evidence57.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.7/35 · Revenue 100% · Profit 61.3% · Operating margin change -1 points · 88% evidenceCapital efficiency 19.7/25 · ROCE 44.8% · Operating margin 15% · 100% evidenceValuation 11.3/20 · P/E 8.4× · PEG — · 15% evidenceRelative strength 7.9/20 · Lead over its industry — · Lead over NIFTY 500 -21.8% · 1 year -45% · 25% evidence · 1 of 12 weeks aheadExact sum: 18.7 + 19.7 + 11.3 + 7.9 = 57.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Ravindra Energy LtdRELTD · quiet · Evidence leans up · 79% evidence54.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.3/35 · Revenue 28.2% · Profit 53% · Operating margin change 14.6 points · 88% evidenceCapital efficiency 15.3/25 · ROCE 14.4% · Operating margin 31.8% · 100% evidenceValuation 9.4/20 · P/E 44.7× · PEG — · 15% evidenceRelative strength 4.1/20 · Lead over its industry -8.7% · Lead over NIFTY 500 -4.4% · 1 year -16.4% · 100% evidence · 5 of 12 weeks aheadExact sum: 25.3 + 15.3 + 9.4 + 4.1 = 54.1 · What this means: Earnings are strong; relative strength in its sector is -8.7% and the one-year return is -16.4%.
  9. 9IKIO Technologies LtdIKIO · quiet · Evidence leans up · 78% evidence53.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.2/35 · Revenue 34.5% · Profit 100% · Operating margin change 4 points · 83% evidenceCapital efficiency 9.5/25 · ROCE 9.5% · Operating margin 13% · 76% evidenceValuation 13.1/20 · P/E 26.8× · PEG — · 50% evidenceRelative strength 5.5/20 · Lead over its industry -5.4% · Lead over NIFTY 500 -1.9% · 1 year -22.8% · 100% evidence · 7 of 12 weeks aheadExact sum: 25.2 + 9.5 + 13.1 + 5.5 = 53.3 · What this means: Earnings are strong; relative strength in its sector is -5.4% and the one-year return is -22.8%.
  10. 10Siemens LtdSIEMENS · losing its lead · Evidence leans up · 78% evidence50.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.3/35 · Revenue 13.2% · Profit 33.7% · Operating margin change -4 points · 83% evidenceCapital efficiency 17.2/25 · ROCE 21.4% · Operating margin 9% · 76% evidenceValuation 5.5/20 · P/E 78.2× · PEG — · 50% evidenceRelative strength 8.8/20 · Lead over its industry -4.2% · Lead over NIFTY 500 -0.3% · 1 year 6.7% · 100% evidence · 7 of 12 weeks aheadExact sum: 19.3 + 17.2 + 5.5 + 8.8 = 50.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  11. 11Swelect Energy Systems LtdSWELECTES · turning · Evidence leans down · 89% evidence48.9out of 100GrowthCapitalValuationRelative
  12. 12HPL Electric & Power LtdHPL · quiet · Evidence leans down · 81% evidence48.3out of 100GrowthCapitalValuationRelative
  13. 13Kirloskar Electric Company LtdKECL · quiet · Evidence leans down · 79% evidence43.3out of 100GrowthCapitalValuationRelative
  14. 14Salzer Electronics LtdSALZERELEC · quiet · Evidence leans down · 81% evidence41.4out of 100GrowthCapitalValuationRelative
  15. 15Servotech Renewable Power System LtdSERVOTECH · basing · Evidence leans down · 78% evidence39.7out of 100GrowthCapitalValuationRelative
  16. 16Honda India Power Products LtdHONDAPOWER · quiet · Evidence leans down · 81% evidence39.4out of 100GrowthCapitalValuationRelative
  17. 17Exicom Tele-Systems LtdEXICOM · quiet · Evidence leans down · 68% evidence38.9out of 100GrowthCapitalValuationRelative
  18. 18Focus Lighting & Fixtures LtdFOCUS · Most evidence points down · 69% evidence24.4out of 100GrowthCapitalValuationRelative
  19. 19Igarashi Motors India Ltd this pageIGARASHI · quiet · Most evidence points down · 89% evidence23.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.3/35 · Revenue 11.1% · Profit -11.4% · Operating margin change 0.2 points · 88% evidenceCapital efficiency 4.7/25 · ROCE 4.6% · Operating margin 9.8% · 100% evidenceValuation 4.0/20 · P/E 67.8× · PEG 6.4 · 65% evidenceRelative strength 3.4/20 · Lead over its industry -12.4% · Lead over NIFTY 500 -8.6% · 1 year -30.1% · 100% evidence · 6 of 12 weeks aheadExact sum: 11.3 + 4.7 + 4 + 3.4 = 23.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Capital Goods - Electric General, all 19 compared on one page.

Which companies are close to Igarashi Motors India in size?

Igarashi Motors India is the 15th largest of 19 Capital Goods - Electric General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: IKIO Technologies, Modern Insulators and Modison. Just below it: Swelect Energy Systems, Salzer Electronics and Kirloskar Electric Company.

Capital Goods - Electric General companies close in size

  1. IKIO Technologies Ltd ₹1,244 crore
  2. Modern Insulators Ltd ₹1,122 crore
  3. Modison Ltd ₹1,117 crore
  4. Igarashi Motors India Ltd ₹1,112 crore
  5. Swelect Energy Systems Ltd ₹885 crore
  6. Salzer Electronics Ltd ₹824 crore
  7. Kirloskar Electric Company Ltd ₹724 crore

All 19 Capital Goods - Electric General companies, largest first

Companies close in size in other industries

  1. Matrimony.com Ltd ₹1,116 crore · Platform - Matrimony
  2. 3B Blackbio DX Ltd ₹1,112 crore · Diagnostics
  3. Igarashi Motors India Ltd ₹1,112 crore
  4. Roto Pumps Ltd ₹1,108 crore · Pumps
  5. Mangalam Worldwide Ltd ₹1,105 crore · Steel

What else do people ask about Igarashi Motors India?

What is Igarashi Motors India's share price today?

Igarashi Motors India Ltd's share price is ₹385.45, −21.8% over the past year. The whole company is worth ₹1,214 Cr on the market.

In the last 52 weeks it traded between ₹295 to ₹494; today it is 46% of the way up from the low, 8.3% below its 200-day average (as of 4 November 2026).

What were Igarashi Motors India's latest quarterly results?

Igarashi Motors India Ltd reported revenue of ₹251 Cr and net profit of ₹6.8 Cr for the Jun 2026 quarter. Revenue rose 22.5% and profit rose 169.7% compared with a year earlier. Earnings per share were ₹2.15.

The operating margin was 9.8%, 0.2 percentage points higher than a year earlier (as of 4 November 2026).

What is Igarashi Motors India's market cap?

Igarashi Motors India Ltd's market capitalisation is ₹1,214 Cr at a share price of ₹385.45. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Igarashi Motors India performing?

Igarashi Motors India Ltd's share price has been falling for 3 weeks. In its latest quarter, revenue rose 22.5% and profit rose 169.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 9 weeks running (as of 4 November 2026).

Will Igarashi Motors India's share price go up?

This page does not forecast Igarashi Motors India Ltd's share price. What it shows instead: the share price is ₹385.45, and it has been falling for 3 weeks. Its P/E of 74.0× is higher than 67% of its own last 11 years (as of 4 November 2026).

Who owns Igarashi Motors India?

Promoters own 75.0% of Igarashi Motors India Ltd, foreign institutions 0.0%, domestic institutions 3.6% and the public 21.3% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.9 percentage points over 8 quarters (as of 4 November 2026).

Does Igarashi Motors India have too much debt?

Igarashi Motors India Ltd has a moderate amount of debt: its debt is 0.31× its equity, and its operating profit is 7 times its interest bill. FY26 borrowings were ₹145 Cr against equity of ₹466 Cr.

Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is Igarashi Motors India in its business cycle?

Igarashi Motors India Ltd's FY26 operating margin was 10.0%, against a 13-year range of 8.0% to 24.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Igarashi Motors India story?

The main question: the share price moved −21.8% in a year while yearly earnings per share moved −49.7%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Igarashi Motors India a stock worth studying right now?

What the numbers show: Igarashi Motors India Ltd's share price has risen faster than its earnings: −21.8% in a year, against −49.7% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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