# IKIO Technologies share price today (IKIO Technologies Ltd, NSE: IKIO) > IKIO Technologies share price today: ₹166.72 at the NSE close on 3 November 2026, down 20.0% in a year. IKIO Technologies (NSE: IKIO) is worth ₹1,288 crore, trades at a P/E of 27.8 and has closed between ₹108.77 and ₹223.87 over the past 52 weeks. > IKIO Technologies Ltd's results are improving, while its P/E is near the low end of its own history over 3.4 years, higher than only 1% of past readings. IKIO · Capital Goods - Electric General · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/ikio-technologies-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from fewer quarters than usual - Price: ₹166.72 (−20.0% in a year) - P/E: 27.8× (lower than 99% of the last 3.4 years) - Revenue (Jun 2026): ₹169 Cr (+40.8% on a year ago) - Profit (Jun 2026): ₹11.0 Cr (+450.0% on a year ago) - Operating margin: 13.0% (+4.0 points on a year ago) - ROCE: 9%, FY26 - Profit that came in as cash: 34%, last 3 years The main question: profits are rising, but only 34% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the IKIO Technologies share price today? IKIO Technologies Ltd's share price was ₹166.72 at the close on 3 November 2026. It has been rising for 15 weeks. That is 9.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹109 and ₹224, and at that close it sat 50% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 6 weeks running. Over the last 3.4 years the share price moved −59% while the NIFTY 500 moved +35%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 28 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 IKIO Technologies this quarter? Three changes stood out: revenue up on a year earlier for 4 quarters in a row, highest quarterly revenue in 15 quarters and operating margin up 4 points on a year earlier. 1. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹169 crore, +40.8% on a year earlier. Why: Sales rose because the other business brought in much more money than a year earlier. Next results: check whether the other business keeps growing after trade disruption eases. From the earnings call on 11 Aug 2026. 2. Highest quarterly revenue in 15 quarters Revenue of ₹169 crore in the June 2026 quarter is the highest of the last 15 quarters. Why: Sales hit a record because the other business brought in much more money than a year earlier. Next results: check whether the other business recovers as trade disruption eases. From the earnings call on 11 Aug 2026. 3. Operating margin up 4 points on a year earlier 13% in the June 2026 quarter, from 9%. Why: Margins rose because sales grew, which helped spread costs over more work. Next results: check whether gross margin, the money left after direct costs, stays near current levels as raw material prices and chip supply change. From the earnings call on 11 Aug 2026. ## What are IKIO Technologies' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), IKIO Technologies reported revenue of ₹169 crore, up 40.8% from ₹120 crore a year earlier, and a profit of ₹11.0 crore, up 450.0% from ₹2.00 crore. ### IKIO Technologies results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹169 crore | ₹120 crore | +40.8% | | Profit | ₹11.0 crore | ₹2.00 crore | +450.0% | | Earnings per share | ₹1.40 | ₹0.27 | +418.5% | | Operating margin | 13.0% | 9.0% | +4.0 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). IKIO Technologies' management discussed these results on a call held on 11 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the IKIO Technologies share price history? IKIO Technologies closed at ₹166.72 on 3 November 2026, down 20.0% from ₹208.52 a year earlier (31 October 2025) and down 47.6% over three years. Its highest weekly close since June 2023 was ₹462.80 on 23 June 2023. ### IKIO Technologies share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹167.28 | −0.3% | | 1 month ago · 1 Oct 2026 | ₹190.96 | −12.7% | | 6 months ago · 30 Apr 2026 | ₹157.95 | +5.6% | | 1 year ago · 31 Oct 2025 | ₹208.52 | −20.0% | | 3 years ago · 3 Nov 2023 | ₹318.25 | −47.6% | | Earliest weekly close in our records · 16 Jun 2023 | ₹403.85 | −58.7% | | Highest weekly close since June 2023 · 23 Jun 2023 | ₹462.80 | −64.0% | | Lowest weekly close since June 2023, also the 52-week low · 27 Mar 2026 | ₹108.77 | +53.3% | | 52-week high (weekly close) · 11 Sep 2026 | ₹223.87 | −25.5% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (184 weekly closes from 16 June 2023 to 3 November 2026.) ## What is the latest news on IKIO Technologies? 3 Nov 2026: IKIO Technologies closed at ₹166.72, down 0.3% on the week and down 12.7% on the month. 11 Aug 2026: IKIO Technologies held its results call for April to June 2026. Management guided: FY27 consolidated revenue growth maintained at 18-20%. ### Earlier - Results for April to June 2026: Revenue up 40.8% and profit up 450.0% on a year earlier. ## What dividend does IKIO Technologies pay? IKIO Technologies paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1 a share, ex-date 13 August 2024. ### IKIO Technologies dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 13 Aug 2024 | ₹1 | Dividend | 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. 1 of 5 Of the last 5 financial years, years with an NSE dividend record Not in its latest year. IKIO Technologies Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 7 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.) ## What did IKIO Technologies management say on the latest results call? On the call for April to June 2026, held on 11 August 2026, IKIO Technologies' management guided: FY27 consolidated revenue growth maintained at 18-20%. > “I would maintain the guidance we gave during Q4, which was close to 18-20% revenue growth.” > Sandeep Singh, on the call for April to June 2026 ### What management guided - FY27 consolidated operating margin around 13-14%; Home Lighting ODM around 8.4% plus or minus 0.5 percentage points if raw-material prices stabilize; gross margin expected near current levels. - FY27 Home Lighting ODM revenue broadly near ₹170 crore, with a possible ₹10-15 crore uptick. - FY27 hearables and wearables contribution at 16-18% of top line; Honeywell SKUs to increase 3-4x from current levels by year-end. - Long-term scale framework: operating margin 17-18% at 50-60% plant utilization; pre-IPO asset-turn level planned within 3-3.5 years if conditions stabilize for 2-2.5 years. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/50901/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 11 August 2026.) ## What to watch in IKIO Technologies' next results? When IKIO Technologies reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Gross margin to stay near current levels unless geopolitical escalation resumes; check raw-material pricing, semiconductor supply and customer pass-through. - What to check (from the call) - Gross margin to stay near current levels unless geopolitical escalation resumes; check raw-material pricing, semiconductor supply and customer pass-through. - Other Business sequential recovery, especially UAE and the Middle East; check whether trade disruption eases and developer activity converts. - Automotive LED ramp beyond aftermarket production; check for the first meaningful OEM program or approval. - Block 3 commissioning and wearable utilization; check whether new capacity converts into revenue as depreciation begins. ## Which stock lists is IKIO Technologies on? IKIO Technologies is not on any of our India lists this week. ## Is IKIO Technologies profitable? IKIO Technologies Ltd earned ₹11.0 Cr of net profit in the Jun 2026 quarter, +450.0% on the same quarter a year earlier. Full-year FY26 profit was ₹42.0 Cr. Over 6 years profit has grown 12.2% a year on average. That is 6.5% of the quarter's revenue. The same quarter a year earlier earned ₹2.0 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹42.0 Cr (+31.3% on the year before). Why profit moved: revenue changed +40.8% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +157.4% and revenue +34.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does IKIO Technologies make, and is it growing? IKIO Technologies Ltd reported ₹169 Cr of revenue in the Jun 2026 quarter, +40.8% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 6 years it has grown 18.0% a year on average. The last full year, FY26, came in at ₹595 Cr. The last four reported quarters add to ₹644 Cr. FY26 revenue was ₹595 Cr, +22.4% on the year before. Recent pace: the last four quarters grew +34.8% on average, against 18.0% 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 +34.4%, against +18.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +131.8%, against −7.0% a year (accelerating). ## How much of every ₹100 of sales does IKIO Technologies keep? IKIO Technologies Ltd's operating margin was 13.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 7 years it has been between 12.0% and 23.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +3.6 percentage points on the year while gross margin changed +4.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is IKIO Technologies' profit turning into cash? Over the last 3 years, 34% of IKIO Technologies Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹16.0 Cr of operating cash against ₹42.0 Cr of profit. After ₹83.0 Cr of spending on assets, free cash was −₹67.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 34% of profit came in as cash: the cash cycle got 92 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 92 days longer. The next section looks at where the cash is stuck. ## Where does IKIO Technologies' cash go? IKIO Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 253 days in FY26, up from 161 days in FY21. It spent ₹275 Cr on assets over the last 3 years. Customers take 82 days to pay, and stock sits for 218 days on average. At FY26 sales of ₹595 Cr, each day of that cycle ties up about ₹1.6 Cr, so roughly ₹412 Cr is tied up in the business at any time. FY26: customers took 82 days to pay and stock sat for 218 days, about 7.2 months of sales sitting as stock, for a full cycle of 253 days, longer than FY21's 161. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 218 days. Customers pay about 82 days after that. Suppliers are paid at 46 days. Together that makes the 253-day cycle. Spending on assets: ₹275 Cr over the last 3 years, against ₹67.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹101 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is IKIO Technologies' P/E ratio, and how does it compare with its own history? IKIO Technologies Ltd's P/E is 27.8×, about the lowest it has ever been. Its usual P/E (the middle reading) is 40.6×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +28.1% while the price moved −20.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved −19.4% a year; about −2.4% a year came from earnings growth and about −17.0 percentage points from the multiple (the market paying less). 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 low against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 84% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the IKIO Technologies business getting better or worse? IKIO Technologies Ltd's business is turning around. Profit growth has swung from −62.7% at its low to +131.8%, improving for 3 quarters in a row, with ROCE steady at 9.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does IKIO Technologies earn on its capital? IKIO Technologies Ltd earned a ROCE of 9% in FY26. That is up from a low of 8% in FY25. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 7.1% net margin and 0.76× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.1% net margin × 0.76× asset turnover × 1.29× leverage (assets divided by equity) ≈ 7.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 84% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does IKIO Technologies have too much debt? IKIO Technologies Ltd had ₹70.0 Cr of borrowings against ₹602 Cr of equity in FY26, so its debt is 0.12× its equity. Its operating profit is 9 times its interest bill. Over 5 years borrowings went from ₹79.0 Cr to ₹70.0 Cr. Over the last 3 of those years it spent ₹275 Cr on assets. The spending on assets is being paid for from cash, not new debt. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 84% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the IKIO Technologies shareholding pattern? No group of IKIO Technologies Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.1 points over the same period, to 0.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.6 points over 8 quarters, to 1.1%; Foreign institutions: −0.1 points over 8 quarters, to 0.6%; Promoters: +0.0 points over 8 quarters, to 72.5%. ## How far is IKIO Technologies from balance-sheet trouble? For IKIO Technologies 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. ## How does IKIO Technologies rank in its industry? 53.3 out of 100, rank 9 of 19 in Capital Goods - Electric General, with 78% of the evidence available. IKIO Technologies Ltd scores 53.3 out of 100 against the 19 companies it is compared with in Capital Goods - Electric General, ranking 9. Earnings are strong; relative strength in its sector is -5.4% and the one-year return is -22.8%. The four parts add up to the total exactly: 25.2 + 9.5 + 13.1 + 5.5 = 53.3. 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 IKIO Technologies compared with? IKIO Technologies ranks 9 of 19 Capital Goods - Electric General companies on the 4-Factor Sector Score, with 53.3 out of 100. 1. [Modison Ltd](https://www.sectoralpha.in/stocks/modison-ltd) MODISONLTD · leader · Most evidence points up · 100% evidence 78.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 84.9% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 17.1/25 · ROCE 31% · Operating margin 11% · 100% evidence Valuation 15.1/20 · P/E 9.6× · PEG 0.46 · 100% evidence Relative 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 ahead Exact 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. [Rishabh Instruments Ltd](https://www.sectoralpha.in/stocks/rishabh-instruments-ltd) RISHABH · leader · Most evidence points up · 96% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 5.8% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.9/25 · ROCE 14.5% · Operating margin 17% · 100% evidence Valuation 10.8/20 · P/E 30× · PEG 1.24 · 100% evidence Relative 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 ahead Exact 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. [Spectrum Electrical Industries Ltd](https://www.sectoralpha.in/stocks/spectrum-electrical-industries-ltd) SPECTRUM · leader · Most evidence points up · 89% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 40.8% · Profit 92.3% · Operating margin change 1 points · 88% evidence Capital efficiency 17.2/25 · ROCE 17.8% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 135× · PEG 1.9 · 65% evidence Relative 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 ahead Exact 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. [Modern Insulators Ltd](https://www.sectoralpha.in/stocks/modern-insulators-ltd) MODINSULAT · turning · Most evidence points up · 78% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 41.6% · Profit 100% · Operating margin change 8 points · 83% evidence Capital efficiency 18.3/25 · ROCE 19.3% · Operating margin 17% · 76% evidence Valuation 7.7/20 · P/E 22.4× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [V-Guard Industries Ltd](https://www.sectoralpha.in/stocks/v-guard-industries-ltd) VGUARD · quiet · Evidence leans up · 100% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 21.5% · Profit 41.7% · Operating margin change 1 points · 100% evidence Capital efficiency 16.1/25 · ROCE 18.4% · Operating margin 9% · 100% evidence Valuation 14.7/20 · P/E 28.7× · PEG 1.12 · 100% evidence Relative 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 ahead Exact 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. [Insolation Energy Ltd](https://www.sectoralpha.in/stocks/insolation-energy-ltd) INA · quiet · Evidence leans up · 81% evidence 59.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 81.7% · Profit 45.2% · Operating margin change -6 points · 88% evidence Capital efficiency 16.5/25 · ROCE 22.4% · Operating margin 10% · 100% evidence Valuation 19.5/20 · P/E 7.8× · PEG 0.23 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -36.5% · 1 year -61.5% · 25% evidence · 0 of 12 weeks ahead Exact 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. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ALPEXSOLAR · quiet · Evidence leans up · 64% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 100% · Profit 61.3% · Operating margin change -1 points · 88% evidence Capital efficiency 19.7/25 · ROCE 44.8% · Operating margin 15% · 100% evidence Valuation 11.3/20 · P/E 8.4× · PEG n/a · 15% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -21.8% · 1 year -45% · 25% evidence · 1 of 12 weeks ahead Exact 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. [Ravindra Energy Ltd](https://www.sectoralpha.in/stocks/ravindra-energy-ltd) RELTD · quiet · Evidence leans up · 79% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 28.2% · Profit 53% · Operating margin change 14.6 points · 88% evidence Capital efficiency 15.3/25 · ROCE 14.4% · Operating margin 31.8% · 100% evidence Valuation 9.4/20 · P/E 44.7× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. IKIO Technologies Ltd this page IKIO · quiet · Evidence leans up · 78% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 34.5% · Profit 100% · Operating margin change 4 points · 83% evidence Capital efficiency 9.5/25 · ROCE 9.5% · Operating margin 13% · 76% evidence Valuation 13.1/20 · P/E 26.8× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Siemens Ltd](https://www.sectoralpha.in/stocks/siemens-ltd) SIEMENS · losing its lead · Evidence leans up · 78% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 13.2% · Profit 33.7% · Operating margin change -4 points · 83% evidence Capital efficiency 17.2/25 · ROCE 21.4% · Operating margin 9% · 76% evidence Valuation 5.5/20 · P/E 78.2× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Swelect Energy Systems Ltd](https://www.sectoralpha.in/stocks/swelect-energy-systems-ltd) SWELECTES · turning · Evidence leans down · 89% evidence 48.9 out of 100 Growth Capital Valuation Relative 12. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) HPL · quiet · Evidence leans down · 81% evidence 48.3 out of 100 Growth Capital Valuation Relative 13. [Kirloskar Electric Company Ltd](https://www.sectoralpha.in/stocks/kirloskar-electric-company-ltd) KECL · quiet · Evidence leans down · 79% evidence 43.3 out of 100 Growth Capital Valuation Relative 14. [Salzer Electronics Ltd](https://www.sectoralpha.in/stocks/salzer-electronics-ltd) SALZERELEC · quiet · Evidence leans down · 81% evidence 41.4 out of 100 Growth Capital Valuation Relative 15. [Servotech Renewable Power System Ltd](https://www.sectoralpha.in/stocks/servotech-renewable-power-system-ltd) SERVOTECH · basing · Evidence leans down · 78% evidence 39.7 out of 100 Growth Capital Valuation Relative 16. [Honda India Power Products Ltd](https://www.sectoralpha.in/stocks/honda-india-power-products-ltd) HONDAPOWER · quiet · Evidence leans down · 81% evidence 39.4 out of 100 Growth Capital Valuation Relative 17. [Exicom Tele-Systems Ltd](https://www.sectoralpha.in/stocks/exicom-tele-systems-ltd) EXICOM · quiet · Evidence leans down · 68% evidence 38.9 out of 100 Growth Capital Valuation Relative 18. [Focus Lighting & Fixtures Ltd](https://www.sectoralpha.in/stocks/focus-lighting-fixtures-ltd) FOCUS · Most evidence points down · 69% evidence 24.4 out of 100 Growth Capital Valuation Relative 19. [Igarashi Motors India Ltd](https://www.sectoralpha.in/stocks/igarashi-motors-india-ltd) IGARASHI · quiet · Most evidence points down · 89% evidence 23.4 out of 100 Growth Capital Valuation Relative 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](https://www.sectoralpha.in/sectors/capital-goods-electric-general), all 19 compared on one page. ## Which companies are close to IKIO Technologies in size? IKIO Technologies is the 12th largest of 19 Capital Goods - Electric General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Insolation Energy, HPL Electric & Power and Servotech Renewable Power System. Just below it: Modern Insulators, Modison and Igarashi Motors India. ### Capital Goods - Electric General companies close in size 1. [Insolation Energy Ltd](https://www.sectoralpha.in/stocks/insolation-energy-ltd) ₹1,518 crore 2. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) ₹1,452 crore 3. [Servotech Renewable Power System Ltd](https://www.sectoralpha.in/stocks/servotech-renewable-power-system-ltd) ₹1,402 crore 4. IKIO Technologies Ltd ₹1,244 crore 5. [Modern Insulators Ltd](https://www.sectoralpha.in/stocks/modern-insulators-ltd) ₹1,122 crore 6. [Modison Ltd](https://www.sectoralpha.in/stocks/modison-ltd) ₹1,117 crore 7. [Igarashi Motors India Ltd](https://www.sectoralpha.in/stocks/igarashi-motors-india-ltd) ₹1,112 crore [All 19 Capital Goods - Electric General companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-electric-general#all-companies) ### Companies close in size in other industries 1. [HMA Agro Industries Ltd](https://www.sectoralpha.in/stocks/hma-agro-industries-ltd) ₹1,245 crore · FMCG - Animal/Polutry 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) ₹1,244 crore · IT - Software 3. IKIO Technologies Ltd ₹1,244 crore 4. [Jay Bharat Maruti Ltd](https://www.sectoralpha.in/stocks/jay-bharat-maruti-ltd) ₹1,244 crore · Auto Ancillaries - Diversified 5. [Capital Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/capital-small-finance-bank-ltd) ₹1,236 crore · Banks - Small Finance ## What else do people ask about IKIO Technologies? ### What is IKIO Technologies's share price today? IKIO Technologies Ltd's share price is ₹166.72, −20.0% over the past year. The whole company is worth ₹1,288 Cr on the market. In the last 52 weeks it traded between ₹109 to ₹224; today it is 50% of the way up from the low, 9.5% below its 200-day average (as of 3 November 2026). ### What were IKIO Technologies's latest quarterly results? IKIO Technologies Ltd reported revenue of ₹169 Cr and net profit of ₹11.0 Cr for the Jun 2026 quarter. Revenue rose 40.8% and profit rose 450.0% compared with a year earlier. Earnings per share were ₹1.40. The operating margin was 13.0%, 4.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is IKIO Technologies's market cap? IKIO Technologies Ltd's market capitalisation is ₹1,288 Cr at a share price of ₹166.72. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is IKIO Technologies performing? IKIO Technologies Ltd's share price has been rising for 15 weeks. In its latest quarter, revenue rose 40.8% and profit rose 450.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 6 weeks running (as of 3 November 2026). ### Will IKIO Technologies's share price go up? This page does not forecast IKIO Technologies Ltd's share price. What it shows instead: the share price is ₹166.72, and it has been rising for 15 weeks. Its P/E of 27.8× is higher than 1% of its own last 3 years (as of 3 November 2026). ### Who owns IKIO Technologies? Promoters own 72.5% of IKIO Technologies Ltd, foreign institutions 0.6%, domestic institutions 1.1% and the public 25.8% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is IKIO Technologies in its business cycle? IKIO Technologies Ltd's FY26 operating margin was 13.0%, against a 7-year range of 12.0% to 23.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 13.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the IKIO Technologies story? The main question: profits are rising, but only 34% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. 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 3 November 2026). ### Is IKIO Technologies a stock worth studying right now? What the numbers show: IKIO Technologies Ltd's results are improving, while its P/E is near the low end of its own history over 3.4 years, higher than only 1% of past readings. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a IKIO Technologies share price forecast for 2026? What management itself guided: FY27 consolidated revenue growth maintained at 18-20%. This is research, not advice. We’re not SEBI-registered.