Indo National Ltd

As of 17-Nov, Indo National Ltd is priced at 425.60, down 0.29% and has underperformed the market, declining 21.72% year-to-date compared to the Sensex's 8.72% gain. The stock has seen a significant drop in investor participation and is trading below all major moving averages.

Indo National's historical performance shows declining net sales from INR 640.60 crore in March 2024 to INR 467.47 crore in March 2025, despite a significant increase in profit before tax to INR 151.29 crore in March 2025. The company experienced fluctuations in expenditures and profitability, with total assets rising to INR 721.48 crore in March 2025.

Indo National's latest results are concerning, with a 6.25% decline in net sales and a 47.93% drop in net profit year-on-year, indicating ongoing operational challenges despite some improvement in operating margins. The company faces significant competitive pressures and needs strategic initiatives to enhance growth and profitability.

Indo National, a microcap FMCG company, has reported a notable financial trend adjustment for the quarter ending June 2025. Key metrics include a strong Debtors Turnover Ratio of 5.22 times and peak PBDIT of Rs 2.79 crore, despite a significant decline in Profit After Tax and Net Sales. The company has shown resilience in market performance compared to the Sensex.

Indo National's historical performance shows significant fluctuations, with net sales dropping from 640.60 Cr in March 2024 to 467.47 Cr in March 2025, while profit before tax increased to 151.29 Cr in March 2025 from 19.42 Cr the previous year. Despite a negative operating profit in March 2025, earnings per share surged to 165.01, indicating a volatile yet recovering trend in profitability.

Indo National's latest results show mixed performance; while operating profit improved to Rs 2.79 crore, profit after tax plummeted by 99.19% to Rs 1.10 crore, and net sales fell by 25.35%. The reliance on non-operating income raises concerns about sustainability despite some operational efficiency gains.

The next results date for Indo National is 12 August 2025.

As of 28-Jul, Indo National Ltd's stock price is at 449.00, down 5.34%, with significant declines in net sales and consecutive losses impacting its long-term fundamentals. The stock has underperformed the market, showing a year-to-date decline of 17.42% compared to the Sensex's increase, amid concerns over debt servicing and profitability.

Indo National Ltd manufactures and markets batteries, torches, LED products, mosquito bats, electrical accessories, and razors, operating in the FMCG sector as a micro-cap company with a market cap of INR 346 Cr. As of March 2025, it reported net sales of 971 Cr and a net profit of 1 Cr.

The top shareholder of Indo National is Dwaraknath Reddy, holding 44.1%, with no pledged promoter holdings. The highest public shareholder is Sharad Kanayalal Shah at 4.2%, while individual investors collectively own 29.24% of the shares.

As of March 2023, the management team of Indo National includes P Dwarakanth Reddy (Managing Director), R P Khaitan and Aditya Reddy (Joint Managing Directors), J Srinivasan (Company Secretary), N Ramesh Rajan (Chairman), Lakshmmi Subramanian (Independent Director), and M Sankara Reddy (Non-Executive Director). They oversee the company's operations and strategic direction.

As of May 26, 2025, Indo National's technical trend is mildly bearish, influenced by daily moving averages and bearish monthly indicators, despite some mixed signals from weekly and monthly momentum indicators.

As of January 31, 2025, Indo National's valuation has shifted from very attractive to risky, with a PE ratio of 3.03 indicating overvaluation compared to peers like Exide Industries and Amara Raja Energy, and its stock has underperformed the Sensex with a year-to-date return of -6.87%.

Indo National's latest financial results are concerning, with net sales dropping 42.51% year-on-year to Rs 97.11 crore, and a profit before tax of Rs -5.84 crore, indicating significant declines in revenue and profitability.

As of Jun 06, Indo National Ltd has a market capitalization of 377.21 Cr, categorizing it as a Micro Cap company, with recent net sales of 467.46 Cr and net profit of 123.77 Cr for the last four quarters. Shareholder's funds are 236.18 Cr, and total assets amount to 599.31 Cr as of March 2024.

Indo National's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., and others, with varying management risks and growth rates. Indo National has below-average management risk and a 1-year return of -15.54%, significantly lower than its peers.

Indo National Ltd has declared a 100% dividend, amounting to ₹5 per share, with an ex-date of September 19, 2024. While recent returns have been volatile, the company shows strong long-term performance, particularly with a total return of 126.91% over the past 5 years.