India Nippon Electricals Ltd
INDNIPPONIndia Nippon Electricals Ltd is strength at full price. The numbers are improving — and a P/E at the 91st percentile of its own range says the market knows.
The sharpest disagreement: the engine is strong, but at the 91st percentile of its own range you are paying full price for it.
The price is in a confirmed uptrend (14 weeks in) while the P/E sits at the 91st percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +48.1% year on year, and 61% of the last 3 years' profit arrived as cash. What settles it: whether the earnings grow into the multiple.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
India Nippon Electricals Ltd trades at ₹1,359, in a confirmed uptrend and 14 weeks into that stage. That is +42.9% against its own 200-day average. It sits at 100% of a 52-week range of ₹707 to ₹1,359. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 22 straight weeks.
Today the stock is in a confirmed uptrend — week 14 of stage 2, confirmed. At ₹1,359 it trades +42.9% versus its 200-day average and sits at 100% of its 52-week range (₹707–₹1,359).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +644% while the NIFTY 500 moved +267% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 22 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Story check
India Nippon Electricals Ltd's story is not scored yet against the markers our research file set on 14 June 2026. Where it sits in its own cycle: Not stated in the research file. Still open: Two-wheeler EV penetration accelerating could compress INEL's core magneto/CDI/TCI addressable market by 20-30% over 5 years.
What is proven. See the research file
What is not proven yet. Two-wheeler EV penetration accelerating could compress INEL's core magneto/CDI/TCI addressable market by 20-30% over 5 years.
🚨 Layer 1 read, 22 August 2026 — DROP. Real operating turn, but the price re-rated 24% in ten weeks with no new results to back it. The business is genuinely improving: quarterly sales grew from Rs 160 Cr to Rs 299 Cr, operating margin from 6% to 12%, and returns on capital from 10% to 17%. But the case written for it in June assumed the shares were cheap at 20 times earnings, the 35th percentile of their own history - they now cost 27 times, above the 73rd percentile, after rising 24.2% in ten weeks with no fresh results published in between. Two further cautions: about a third of pre-tax profit is investment income from a Rs 532 Cr cash pile rather than from making parts, and the newest quarter's headline 48% profit jump falls to roughly 15% once a Rs 9 Cr land-compensation gain is stripped out.
What would change Layer 1’s mind. A June 2026 quarter landing with operating profit above Rs 37 Cr on clean earnings - core growth, not investment income and not land compensation - would show the earnings actually growing into the re-rated multiple and would move this back up the ranking. In the other direction, the thesis's own kill conditions are two-wheeler industry volume growth below 5% for two years or electric two-wheeler penetration passing 20% before FY28, and I would add a third: cash conversion staying below 0.6 for…
🚨 What the surface reading misses. The surface reading is: PE at 35th percentile — below median; naively cheap The research reads it further: Cycle_normalized verdict is FAIRLY_PRICED, not CHEAP_CYCLE. OPM at 63rd percentile of own history means margins are in the upper half — the denominator (EPS) is not cyclically depressed. Normalized PE at 25th percentile (see C005) represents only a 10-point gap vs trailing, confirming mid-cycle, not trough, conditions.
🚨 What the surface reading misses. The surface reading is: OCF/PAT 0.36 in FY26 — weak cash conversion; earnings quality concern The research reads it further: Cash profit (PAT plus depreciation per cash_decomposition) substantially exceeded OCF; the gap is ΔWC (see) driven by payable days contraction (see) — supplier terms normalizing, not a receivables/inventory leak. CWIP declined rather than rose (see), so no growth-capex story justifies the WC build.
Sources: our stock research file (14 June 2026) · quarterly results through Mar 26. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
India Nippon Electricals Ltd reported ₹299 Cr of revenue in the Mar 26 quarter, +27.8% year on year. That is the 12th straight quarter of year-on-year growth. Over 10 years it has compounded at 12.3% a year. The last full year, FY26, came in at ₹1,068 Cr. The last four reported quarters add to ₹1,069 Cr.
Why this happened. Q4 FY26 sales grew 28% YoY against industry growth of 19% (see), indicating INEL is gaining content per vehicle and possibly market share. Two-wheeler industry outperformance sustains as entry-segment and rural demand recovers. Revenue leverage from higher volumes flows through OPM expansion (OPM 6% in Jun'23 → 12% in Mar'26, see) as fixed cost absorption improves.
FY26 revenue came in at ₹1,068 Cr (+26.4% on the year), capping 10 years at 12.3% compound. The latest quarter (Mar 26) printed ₹299 Cr, +27.8% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +26.1% growth against the decade's 12.3% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +26.4% over the last 4 quarters against +21.4%/yr over the last 8 — accelerating; TTM profit +35.4% vs +37.2%/yr — stabilising.
FY26-Q3. revenue ₹272 Cr and profit ₹25 Cr as reported.
FY26-Q4. revenue ₹299 Cr and profit ₹40 Cr as reported.
Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
India Nippon Electricals Ltd's operating margin is 12.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0% to 14.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 12.0%, +0.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0%–14.0%.
Why the margin moved: operating margin went +0.5 pp year on year while gross margin went −1.8 pp — the gain came mostly from the gross line: input costs and pricing.
FY26-Q3. revenue ₹272 Cr and profit ₹25 Cr as reported.
FY26-Q4. revenue ₹299 Cr and profit ₹40 Cr as reported.
Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
India Nippon Electricals Ltd earned ₹40.0 Cr of net profit in the Mar 26 quarter, +48.1% year on year. It is the 9th consecutive quarter of growth. Full-year FY26 profit was ₹111 Cr. The 10-year compound rate is 14.4%. That is 13.4% of the quarter's revenue. The same quarter a year earlier earned ₹27.0 Cr.
Mar 26 profit was ₹40.0 Cr, +48.1% year on year — the 9th consecutive quarter of growth. On the full year, FY26 printed ₹111 Cr (+35.4%), and the 10-year compound rate is 14.4%.
Why profit moved: revenue contributed +27.8% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +35.4% vs revenue +26.1%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
FY26-Q3. revenue ₹272 Cr and profit ₹25 Cr as reported.
FY26-Q4. revenue ₹299 Cr and profit ₹40 Cr as reported.
Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 61% of India Nippon Electricals Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹40.0 Cr of operating cash against ₹111 Cr of profit. After ₹40.0 Cr of capital spending, ₹0.0 Cr was left as free cash.
FY26: operating cash of ₹40.0 Cr against reported profit of ₹111 Cr, leaving free cash of ₹0.0 Cr after ₹40.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 61% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 61%: the cash cycle stretched 14 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 14 days — the next section's job is to find where the cash is stuck.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
India Nippon Electricals Ltd's cash conversion cycle runs 43 days in FY26, up from 29 days in FY21. Capital spending ran ₹87.0 Cr over the last 3 years. At FY26 sales of ₹1,068 Cr each day of that cycle holds about ₹2.9 Cr, so roughly ₹126 Cr sits inside the business at any moment.
FY26: debtors at 71 days, inventory at 45 days — roughly 1.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 43 days, looser than FY21's 29.
The full loop: cash goes out to suppliers and production on day 0; stock waits 45 days to sell; customers pay about 71 days after that; and suppliers themselves are paid at 72 days — netting out to the 43-day cycle.
In money terms: at FY26 sales of ₹1,068 Cr, each day of the cycle holds about ₹2.9 Cr — so the 43-day loop keeps roughly ₹126 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹87.0 Cr over the last 3 fiscal years against ₹54.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹7.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
India Nippon Electricals Ltd earns a ROCE of 17% in FY26. That is up from a trough of 10% in FY22. Return on invested capital clears the cost of that capital by +0.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 10.4% net margin on 1.00× asset turns.
FY26 ROCE is 17%, recovered from a FY22 trough of 10% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 10.4% net margin × 1.00× asset turns × 1.30× balance-sheet leverage ≈ 13.5% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 12.7% − 12.0% = a +0.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
India Nippon Electricals Ltd carries total debt of ₹2.0 Cr against shareholder equity of ₹821 Cr as of Mar 26, a debt-to-equity of 0.00 — effectively unlevered. On the annual view that ratio went from 0.01 in FY22 to 0.00 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹2.0 Cr against shareholder equity of ₹821 Cr — a debt-to-equity of 0.00. On the annual view, debt-to-equity went from 0.01 (FY22) to 0.00 (FY26). The returns on this page are earned, not borrowed.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of India Nippon Electricals Ltd moved a full percentage point over the last two years — the register is quiet. Domestic institutions moved +0.2 points over the same window, to 0.2%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: +0.2 points over 8 quarters to 0.3%; Domestic institutions: +0.2 points over 8 quarters to 0.2%; Promoters: +0.0 points over 8 quarters to 70.4%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
India Nippon Electricals Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
India Nippon Electricals Ltd trades at 33.7× P/E, at the pricey end of its own range (91st percentile). Its long-run median P/E is 21.5×, measured across 10.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 33.7× is at the pricey end of its own range (91st percentile), against a long-run median of 21.5× measured over 10.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +35.1% against a +44.0% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +30.7%/yr price move, ~+13.3%/yr came from earnings growth and ~+17.4 pp from the multiple (expanding); over 10y, of the +20.3%/yr price move, ~+13.6%/yr came from earnings growth and ~+6.7 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 27 August 2026 price, India Nippon Electricals Ltd was paying for profit growth of about 13.6% a year. Profit itself has compounded 14.4% a year over the past 10 years. Today the market pays 33.7× P/E, the 91st percentile of its own 11-year range.
What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is close to what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 27 August 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
India Nippon Electricals Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 17.8% and holding. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +26.4% | +17.6% | +17.3% | +12.3% |
| Profit | +35.4% | +32.2% | +22.6% | +14.4% |
| EPS | +35.1% | +32.1% | +22.9% | +14.4% |
| Share price | +44.0% | +39.8% | +30.7% | +20.3% |
4-Factor Sector Score
66.6/100 — rank 1 of 5 in Auto Ancillaries - Engine Parts · 96% evidence confidence
India Nippon Electricals Ltd scores 66.6 out of 100 against the 5 companies it is compared with in Auto Ancillaries - Engine Parts, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 25 + 9 + 12.6 + 20 = 66.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1India Nippon Electricals Ltdthis pageINDNIPPON | 66.6/100Favorable setup96% evidence | LEADER | 25.0/35 Revenue 26.4% · PAT 35.4% · OPM change 0 pp 88% evidence | 9.0/25 ROCE 17% · OPM 12% 100% evidence | 12.6/20 P/E 33.7× · PEG 0.42 100% evidence | 20.0/20 RS sector 14.2% · RS bench 51.2% · 1Y 54%12 of 12 weeks ahead 100% evidence |
| Exact sum: 25 + 9 + 12.6 + 20 = 66.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Triton Valves Ltd505978 | 52.5/100Mixed-positive evidence75% evidence | 26.5/35 Revenue 18.4% · PAT 89.8% · OPM change 0.3 pp 95% evidence | 5.1/25 ROCE 11.4% · OPM 6.5% 76% evidence | 10.8/20 P/E 30.4× · PEG — 15% evidence | 10.1/20 RS sector 5% · RS bench 31.3% · 1Y 71.4%7 of 8 weeks ahead to 2026-08-16 100% evidence | |
| Exact sum: 26.5 + 5.1 + 10.8 + 10.1 = 52.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Banco Products (India) LtdBANCOINDIA | 46.1/100Mixed-negative evidence100% evidence | ASLEEP | 15.1/35 Revenue 21.6% · PAT 13.8% · OPM change -1 pp 100% evidence | 18.5/25 ROCE 30.9% · OPM 18% 100% evidence | 12.5/20 P/E 18.2× · PEG 1.02 100% evidence | 0.0/20 RS sector -30.1% · RS bench -6% · 1Y 1%3 of 12 weeks ahead 100% evidence |
| Exact sum: 15.1 + 18.5 + 12.5 + 0 = 46.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Sundram Fasteners LtdSUNDRMFAST | 39.5/100Mixed-negative evidence94% evidence | BREAKING OUT | 14.1/35 Revenue 10.2% · PAT 12.3% · OPM change 0 pp 100% evidence | 12.1/25 ROCE 17.6% · OPM 16% 100% evidence | 4.6/20 P/E 43× · PEG 2.75 100% evidence | 8.7/20 RS sector -20.1% · RS bench 36.7% · 1Y 25.2%10 of 10 weeks ahead 70% evidence |
| Exact sum: 14.1 + 12.1 + 4.6 + 8.7 = 39.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5SPR Auto Technologies LtdSHRIPISTON | 37.9/100Mixed-negative evidence100% evidence | LEADER | 10.1/35 Revenue 35.2% · PAT 7.7% · OPM change -2 pp 100% evidence | 16.2/25 ROCE 20.8% · OPM 18% 100% evidence | 3.7/20 P/E 34.8× · PEG 2.38 100% evidence | 7.9/20 RS sector 0.1% · RS bench 32.3% · 1Y 69.6%12 of 12 weeks ahead 100% evidence |
| Exact sum: 10.1 + 16.2 + 3.7 + 7.9 = 37.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. 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 curve the sector itself 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 widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is India Nippon Electricals Ltd's share price today?
India Nippon Electricals Ltd trades at ₹1,359, +44.0% over the past year. The company is valued at ₹3,074 Cr. The stock sits at the very top of its 52-week range (₹707–₹1,359), +42.9% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 14 weeks in. — as of 11 September 2026.
What were India Nippon Electricals Ltd's latest quarterly results?
India Nippon Electricals Ltd reported revenue of ₹299 Cr and net profit of ₹40.0 Cr for the Mar 26 quarter. Revenue rose 27.8% and profit rose 48.1% year on year. Earnings per share were ₹17.61. The operating margin was 12.0%, 0.0 pp higher than a year earlier. — as of 11 September 2026.
What is India Nippon Electricals Ltd's revenue?
India Nippon Electricals Ltd reported revenue of ₹299 Cr in the Mar 26 quarter, +27.8% year on year. For the full FY26 fiscal year, revenue was ₹1,068 Cr (+26.4%). Over the last 10 years revenue compounded at 12.3% a year. — as of 11 September 2026.
What is India Nippon Electricals Ltd's profit?
India Nippon Electricals Ltd earned ₹40.0 Cr of net profit in the Mar 26 quarter, +48.1% year on year — the 9th straight quarter of growth. Full-year FY26 profit was ₹111 Cr. The operating margin ran 12.0% in the latest quarter. — as of 11 September 2026.
What is India Nippon Electricals Ltd's market cap?
India Nippon Electricals Ltd's market capitalisation is ₹3,074 Cr at a share price of ₹1,359. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is India Nippon Electricals Ltd's P/E ratio?
India Nippon Electricals Ltd trades at a P/E of 33.7×, at the 91st percentile of its own 11-year range, against a long-run median of 21.5×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does India Nippon Electricals Ltd pay a dividend?
Yes — India Nippon Electricals Ltd's dividend payout was 32% of profit in FY26, and it recorded a payout in each of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is India Nippon Electricals Ltd overvalued?
On its own history, India Nippon Electricals Ltd looks expensive: its P/E of 33.7× sits at the 91st percentile of its 11-year range (long-run median 21.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is India Nippon Electricals Ltd growing?
Yes — India Nippon Electricals Ltd is growing: latest-quarter revenue +27.8% year on year, profit +48.1%, and the margin +0.0 pp at 12.0%. The 10-year compound rates are 12.3% (revenue) and 14.4% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is India Nippon Electricals Ltd performing?
India Nippon Electricals Ltd is in a confirmed uptrend, 14 weeks in. Its latest quarter's revenue rose 27.8% and profit rose 48.1% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 22 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is India Nippon Electricals Ltd in?
Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 17.8% and holding. The read comes from the last 12 quarters of growth (revenue growth +26.4% latest, profit growth +35.4% latest, eps growth +35.1% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is India Nippon Electricals Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 14 of stage 2), trading +42.9% versus its 200-day average and at the very top of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is India Nippon Electricals Ltd beating the market?
On recent form, yes — India Nippon Electricals Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 22 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +644% against the NIFTY 500's +267% — ahead of the index over the full window. — as of 11 September 2026.
Will India Nippon Electricals Ltd's share price go up?
This page publishes no price forecast for India Nippon Electricals Ltd. What it measures instead: the share price is ₹1,359, the price is in a confirmed uptrend 14 weeks in. Its P/E of 33.7× sits at the 91st percentile of its own 11-year range. — as of 11 September 2026.
Who owns India Nippon Electricals Ltd?
Promoters hold 70.4% of India Nippon Electricals Ltd, foreign institutions 0.3%, domestic institutions 0.2% and the public 29.1% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 11 September 2026.
Does India Nippon Electricals Ltd have too much debt?
No — India Nippon Electricals Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill north of 100×. FY26 borrowings were ₹2.0 Cr against equity of ₹821 Cr. The returns on this page are earned, not borrowed — as of 11 September 2026.
What is India Nippon Electricals Ltd's capex?
India Nippon Electricals Ltd spent ₹87.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹40.0 Cr, with ₹7.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is India Nippon Electricals Ltd's cash flow?
India Nippon Electricals Ltd generated ₹40.0 Cr of operating cash flow in FY26 and ₹0.0 Cr of free cash flow after ₹40.0 Cr of capital spending. Reported profit that year was ₹111 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is India Nippon Electricals Ltd's profit real cash?
Mostly — over the last 3 fiscal years, 61% of India Nippon Electricals Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹40.0 Cr against reported profit of ₹111 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 11 September 2026.
Where is India Nippon Electricals Ltd in its business cycle?
India Nippon Electricals Ltd's FY26 operating margin was 11.0%, against a 13-year band of 8.0%–14.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 12.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does India Nippon Electricals Ltd's price assume?
At its price on 27 August 2026, India Nippon Electricals Ltd was priced for profit growth of about 13.6% a year. Profit itself has compounded 14.4% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the India Nippon Electricals Ltd story?
The sharpest disagreement: the engine is strong, but at the 91st percentile of its own range you are paying full price for it. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is India Nippon Electricals Ltd a stock worth studying right now?
This is not investment advice. The machine read: India Nippon Electricals Ltd is strength at full price. The numbers are improving — and a P/E at the 91st percentile of its own range says the market knows. The sharpest open question: whether the earnings grow into the multiple. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!