What does IKIO Tech do?

IKIO Technologies Ltd is an Indian manufacturer of LED lighting solutions, incorporated in 2016 and publicly listed in 2022, with a market cap of Rs 1,709 Cr. As of March 2025, it reported net sales of 112 Cr and a net profit of -2 Cr.

Overview:<BR>IKIO Technologies Ltd is an Indian manufacturer of light emitting diode (LED) lighting solutions, operating in the Electronics & Appliances industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>The company was incorporated in 2016 as IKIO Lighting Private Limited and later changed its name to IKIO Lighting Limited upon conversion into a Public Company in April 2022. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 112 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 1,709 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 54.00 <BR>Industry P/E: 79 <BR>Dividend Yield: 0.46% <BR>Debt-Equity: -0.10 <BR>Return on Equity: 5.52% <BR>Price-to-Book: 3.00 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

When is the next results date for IKIO Tech?

No Upcoming Board Meetings

Has IKIO Tech declared dividend?

IKIO Technologies Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of August 13, 2024. Despite the dividend announcement, the company has experienced significant declines in price returns over various periods.

IKIO Technologies Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 13 Aug 24<BR><BR>Dividend Yield: 0.46%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -20.41%, the dividend return was 0%, resulting in a total return of -20.41%.<BR><BR>Over the past year, the price return was -17.76%, the dividend return was 0.36%, leading to a total return of -17.4%.<BR><BR>In the last 2 years, the price return was 0%, the dividend return was 0.22%, resulting in a total return of 0.22%.<BR><BR>For the 3-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>In the last 4 years, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Over the past 5 years, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, IKIO Technologies Ltd has declared a dividend, but the total returns over various periods show significant declines in price returns, with only modest improvements in dividend returns in certain time frames. The company appears to be struggling with price performance despite the recent dividend declaration.

Who are the peers of the IKIO Tech?

IKIO Tech's peers include Orient Electric, Epack Durable, Carysil, Wonder Electric, Stove Kraft, Butterfly Gan Ap, Elin Electronics, CWD, Forbes & Co, and BPL. While CWD shows the highest 1-year return at 103.66%, IKIO Tech has the lowest at -33.33%, indicating below-average growth and returns compared to its peers.

Peers: The peers of IKIO Tech are Orient Electric, Epack Durable, Carysil, Wonder Electric, Stove Kraft, Butterfly Gan Ap, Elin Electronics, CWD, Forbes & Co, and BPL.<BR><BR>Quality Snapshot: Excellent management risk is observed at Orient Electric and Carysil, while Average management risk is found at Wonder Electric, Stove Kraft, IKIO Tech, Butterfly Gan Ap, Elin Electronics, CWD, Forbes & Co, and BPL. Below Average management risk is noted at Epack Durable. Growth is classified as Good for Epack Durable, Wonder Electric, and CWD, while Average growth is seen at Carysil and the rest. Below Average growth is reported for IKIO Tech, Stove Kraft, Butterfly Gan Ap, Elin Electronics, Forbes & Co, and BPL.<BR><BR>Return Snapshot: CWD has the highest 1-year return at 103.66%, while IKIO Tech has the lowest at -33.33%. IKIO Tech's return is significantly lower than its peers. Additionally, the six-month return is negative for Epack Durable, Stove Kraft, Butterfly Gan Ap, and BPL.

Who are in the management team of IKIO Tech?

As of March 2023, the management team of IKIO Tech includes Hardeep Singh (Chairman & Managing Director), Surmeet Kaur, Sanjeet Singh (both Whole-time Directors), and independent directors C S Verma, Kishore Kumar Sansi, and Rohit Singhal. They oversee the company's operations and strategic direction.

As of March 2023, the management team of IKIO Tech includes:<BR><BR>1. Hardeep Singh - Chairman & Managing Director<BR>2. Surmeet Kaur - Whole-time Director<BR>3. Sanjeet Singh - Whole-time Director<BR>4. C S Verma - Independent Director<BR>5. Kishore Kumar Sansi - Independent Director<BR>6. Rohit Singhal - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the IKIO Tech?

The top shareholder of IKIO Tech is Hardeep Singh, holding 42.73%, with no pledged promoter holdings. Other shareholders include mutual funds at 1.69%, foreign institutional investors at 0.61%, and individual investors at 21.78%.

The top shareholders of IKIO Tech include the promoters, with Hardeep Singh holding the largest share at 42.73%. There are no pledged promoter holdings. Additionally, mutual funds hold 1.69% of the shares through one scheme, while foreign institutional investors (FIIs) collectively hold 0.61% across seven entities. The highest public shareholder is HDFC Trustee Company Limited, specifically for HDFC Infrastructure, which also holds 1.69%. Individual investors account for 21.78% of the shareholding.

How big is IKIO Tech?

As of 24th July, IKIO Technologies Ltd has a market capitalization of 1,615.00 Cr, with recent net sales of 485.89 Cr and a net profit of 30.92 Cr. The company reported shareholder's funds of 552.81 Cr and total assets of 655.37 Cr for the annual period ending March 2024.

As of 24th July, IKIO Technologies Ltd has a market capitalization of 1,615.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, IKIO Technologies Ltd reported Net Sales of 485.89 Cr and a Net Profit of 30.92 Cr.<BR><BR>For the latest annual period ending March 2024, the company had Shareholder's Funds amounting to 552.81 Cr and Total Assets of 655.37 Cr.

Are IKIO Tech latest results good or bad?

IKIO Technologies' latest results show strong revenue growth with net sales up 36.69% quarter-on-quarter, but a significant decline in operating margin and a 22.79% year-on-year drop in net profit raise concerns about profitability, suggesting a cautious outlook for investors.

IKIO Technologies' latest results present a mixed picture. On one hand, the company achieved a significant sequential recovery in net profit, which surged by 373.11% quarter-on-quarter to ₹10.03 crores. Additionally, net sales reached an all-time high of ₹164.22 crores, reflecting a robust 36.69% increase from the previous quarter and a 31.33% increase year-on-year.<BR><BR>However, despite these positive sales figures, the company is facing serious challenges. The operating margin has significantly declined from 17.77% in the same quarter last year to just 11.20%, indicating a concerning 657 basis point erosion. This margin compression suggests that while revenues are growing, the company is struggling to maintain profitability, which is a critical concern for investors.<BR><BR>Furthermore, the year-on-year decline in net profit by 22.79% raises red flags about the company's ability to convert revenue growth into sustainable profits. The return on equity (ROE) is also low at 8.24%, which is below industry standards, highlighting inefficiencies in generating returns for shareholders.<BR><BR>Overall, while there are some positive indicators in terms of revenue growth, the significant margin compression and declining profitability suggest that the results are more concerning than encouraging. Investors may need to be cautious as these underlying issues could impact future performance.

Should I buy, sell or hold IKIO Tech?

How has been the historical performance of IKIO Tech?

IKIO Tech has shown consistent revenue growth from 358.77 Cr in Mar'23 to 485.88 Cr in Mar'25, but profitability has declined, with profit after tax dropping from 60.57 Cr in Mar'24 to 32.42 Cr in Mar'25. The company has improved financial stability by significantly reducing debt from 98.28 Cr to 22.90 Cr during the same period.

Answer:<BR>The historical performance of IKIO Tech shows a mixed trend in financial metrics over the past three years.<BR><BR>Breakdown:<BR>IKIO Tech's net sales have increased from 358.77 Cr in Mar'23 to 437.95 Cr in Mar'24, and further to 485.88 Cr in Mar'25, indicating a consistent growth in revenue. However, total expenditure has also risen significantly, from 281.28 Cr in Mar'23 to 345.23 Cr in Mar'24, and reaching 425.91 Cr in Mar'25. This has led to a decline in operating profit (PBDIT), which peaked at 108.07 Cr in Mar'24 but fell to 75.08 Cr in Mar'25. Profit before tax followed a similar trend, decreasing from 84.51 Cr in Mar'24 to 42.45 Cr in Mar'25, while profit after tax also dropped from 60.57 Cr in Mar'24 to 32.42 Cr in Mar'25. The company's total assets have grown from 309.68 Cr in Mar'23 to 664.44 Cr in Mar'25, reflecting an increase in shareholder's funds, which rose to 560.53 Cr in Mar'25 from 552.81 Cr in Mar'24. Despite this growth, total debt has decreased significantly from 98.28 Cr in Mar'23 to 22.90 Cr in Mar'25, indicating improved financial stability. Cash flow from operating activities has shown volatility, with a positive cash flow of 35.00 Cr in Mar'25 after a negative cash flow in the previous year. Overall, while IKIO Tech has experienced revenue growth, profitability has faced challenges, and the company has managed to reduce its debt significantly.

Is IKIO Tech overvalued or undervalued?

As of November 10, 2025, IKIO Tech is considered very expensive and overvalued with a PE ratio of 88.68 and an EV to EBITDA of 19.79, significantly higher than its peers, while also underperforming the Sensex with a year-to-date return of -17.26%.

As of 10 November 2025, the valuation grade for IKIO Tech has moved from expensive to very expensive. The company is currently considered overvalued. Key ratios highlight this assessment, with a PE ratio of 88.68, an EV to EBITDA of 19.79, and a ROCE of only 0.45%. In comparison to its peers, Dixon Technologies has a PE ratio of 71.09 and an EV to EBITDA of 47.90, while Crompton Greaves Consumer is more attractively valued with a PE of 37.03 and an EV to EBITDA of 16.08.<BR><BR>The significant disparity in valuation metrics suggests that IKIO Tech's current stock price of 203.00 is not justified by its earnings potential, especially given its poor recent performance compared to the Sensex, with a year-to-date return of -17.26% versus the Sensex's 6.91%. This underperformance further reinforces the conclusion that IKIO Tech is overvalued in the current market environment.

Is IKIO Tech technically bullish or bearish?

As of November 17, 2025, IKIO Tech's technical trend has shifted to bearish, driven by negative signals from MACD, RSI, and Bollinger Bands, despite some mild bullish divergence in the OBV on the monthly timeframe.

As of 17 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for IKIO Tech is bearish with a strong indication of weakness. Key indicators driving this stance include a bearish MACD on the weekly timeframe, a bearish RSI on the weekly, and bearish signals from Bollinger Bands on both weekly and monthly timeframes. The daily moving averages also confirm a bearish trend. Although the KST is bullish on the weekly, it does not outweigh the overall bearish signals. Dow Theory suggests a mildly bearish stance on the weekly, while the OBV shows no trend on the weekly but is mildly bullish on the monthly, indicating some divergence. Overall, the bearish indicators dominate the analysis.

Why is IKIO Tech falling/rising?

As of 03-Dec, IKIO Technologies Ltd's stock price is declining, currently at 186.00, reflecting a 24.19% decrease year-to-date and a 31.44% drop over the past year. The stock is underperforming compared to the Sensex and shows weak fundamentals, including a significant decline in profits and low investor confidence.

As of 03-Dec, IKIO Technologies Ltd's stock price is falling, currently at 186.00, which reflects a decrease of 1.25 (-0.67%). The stock has been on a downward trend, having lost 2.8% over the last two days and showing a significant decline of 11.99% over the past month. Year-to-date, the stock has decreased by 24.19%, and over the past year, it has fallen by 31.44%, indicating a consistent underperformance compared to the Sensex, which has gained 8.92% during the same period.<BR><BR>The stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals weakness in price momentum. Additionally, the consumer durables sector, in which IKIO operates, has also seen a decline of 3.02%, further contributing to the stock's poor performance.<BR><BR>Investor participation appears to be waning, with a delivery volume of 17.39k on December 2, which is down by 5.39% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors.<BR><BR>Moreover, the company's long-term fundamentals are weak, with a -49.68% compound annual growth rate (CAGR) in operating profits over the last five years and a low return on equity (ROE) of 3.1%. The stock is considered expensive relative to its peers, trading at a price-to-book value of 2.5, despite a significant drop in profits of 67.2% over the past year. These factors collectively indicate that IKIO Technologies Ltd is facing challenges that are contributing to its falling stock price.

Which are the latest news on IKIO Tech?