Igarashi Motors

Why is Igarashi Motors India Ltd falling/rising?

As of 04-Aug, Igarashi Motors India Ltd's stock is declining by 1.5% after a trend reversal, underperforming its sector. The company faces significant financial challenges, including a year-to-date return of +5.58% and a -22.07% return over the past year, alongside weak profitability and debt servicing capabilities.

As of 04-Aug, Igarashi Motors India Ltd's stock price is currently falling, as indicated by a change of -7.0, which represents a decline of 1.5%. This downward movement follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 1.06% today, suggesting a lack of momentum compared to its peers.<BR><BR>In terms of longer-term performance, the stock has shown significant weakness, with a year-to-date return of +5.58%, contrasting sharply with a -22.07% return over the past year. This underperformance is compounded by negative financial results, including a 53.3% drop in profit after tax compared to the previous four-quarter average and a low return on capital employed (ROCE) of 4.50%. Additionally, the company's operating profits have experienced a compound annual growth rate (CAGR) decline of -2.42% over the last five years, indicating weak long-term fundamental strength.<BR><BR>Despite some positive factors such as increased participation by institutional investors, who have raised their stake by 1.88% in the last quarter, the overall financial health of Igarashi Motors remains concerning. The company's ability to service its debt is weak, as evidenced by a poor EBIT to interest ratio of 1.77 and a low average return on equity of 2.28%. These factors contribute to the stock's current decline, reflecting investor sentiment regarding its long-term viability.

Which are the latest news on Igarashi Motors?

When is the next results date for Igarashi Motors India Ltd?

The next results date for Igarashi Motors India Ltd is 06 August 2026.

The next results date for Igarashi Motors India Ltd is scheduled for 06 August 2026.

Should I buy, sell or hold Igarashi Motors India Ltd?

How big is Igarashi Motors?

As of 10th June, Igarashi Motors India Ltd has a market capitalization of 1,176.00 Cr, with recent Net Sales of 865.91 Cr and a Net Profit of 12.14 Cr. The company reported Shareholder's Funds of 465.55 Cr and Total Assets of 775.01 Cr for the latest annual period ending March 2025.

As of 10th June, Igarashi Motors India Ltd has a market capitalization of 1,176.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Igarashi Motors reported Net Sales of 865.91 Cr and a Net Profit of 12.14 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 465.55 Cr and Total Assets amounting to 775.01 Cr.

Who are in the management team of Igarashi Motors?

The management team of Igarashi Motors includes R Chandrasekaran (Managing Director), Hemant Nerurkar (Chairman), K K Nohria (Chairman Emeritus), P Dinakara Babu (Company Secretary), and several independent directors, overseeing the company's operations and strategy.

The management team of Igarashi Motors includes the following individuals:<BR><BR>1. **R Chandrasekaran** - Managing Director<BR>2. **Hemant Nerurkar** - Chairman (Non-Executive)<BR>3. **K K Nohria** - Chairman Emeritus<BR>4. **P Dinakara Babu** - Company Secretary & Compliance Officer<BR>5. **Vinodhini Sendhil Manian** - Independent Director<BR>6. **L Ramkumar** - Independent Director<BR>7. **Haruo Igarashi** - Director<BR>8. **Thomas Francis Mckeough** - Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Igarashi Motors?

Igarashi Motors' peers include Auto.Corp.of Goa, India Motor Part, Precision Camshf, Sar Auto Prod., Kross Ltd, Saint-Gob. Sekur, Bharat Seats, The Hi-Tech Gear, Alicon Cast, and GKW. Bharat Seats shows the highest 1-year return at 71.57%, while Igarashi Motors has a return of -26.98%.

Peers: The peers of Igarashi Motors are Auto.Corp.of Goa, India Motor Part, Precision Camshf, Sar Auto Prod., Kross Ltd, Saint-Gob. Sekur, Bharat Seats, The Hi-Tech Gear, Alicon Cast, and GKW.<BR><BR>Quality Snapshot: Excellent management risk is observed at Alicon Cast, while Average management risk is found at Auto.Corp.of Goa, India Motor Part, Precision Camshf, Kross Ltd, Saint-Gob. Sekur, Bharat Seats, The Hi-Tech Gear, and GKW, and Below Average management risk is noted at Sar Auto Prod. and GKW. Growth is Excellent at Bharat Seats, Good at Auto.Corp.of Goa and Saint-Gob. Sekur, while Below Average growth is seen at India Motor Part, Precision Camshf, Sar Auto Prod., Igarashi Motors, Kross Ltd, and The Hi-Tech Gear, with Average growth at Alicon Cast. Capital Structure is Excellent at Auto.Corp.of Goa, Kross Ltd, and Saint-Gob. Sekur, Good at Precision Camshf and Sar Auto Prod., Average at Bharat Seats and The Hi-Tech Gear, and Below Average at Igarashi Motors and Alicon Cast.<BR><BR>Return Snapshot: Bharat Seats has the highest 1-year return at 71.57%, while Precision Camshf has the lowest at -37.13%. Igarashi Motors' 1-year return is -26.98%, which is significantly lower than Bharat Seats and higher than Precision Camshf. Additionally, the six-month return is negative for Igarashi Motors, Precision Camshf, Kross Ltd, Alicon Cast, and The Hi-Tech Gear.

What does Igarashi Motors do?

Igarashi Motors India Ltd produces and exports Permanent Magnet DC Motors for automotive applications. As of March 2026, it reported net sales of 226 Cr and a net profit of 2 Cr, with a market cap of INR 1,176 Cr.

Overview: <BR>Igarashi Motors India Ltd is engaged in the production and export of Permanent Magnet DC Motors for powertrain and seat applications within the auto components and equipment industry, classified as a micro-cap company.<BR><BR>History: <BR>Igarashi Motors India Limited was incorporated in January 1992 and began its operations as a contract manufacturer in 1996. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 226 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,176 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 96.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.67% <BR>Debt-Equity: 0.30 <BR>Return on Equity: 2.60% <BR>Price to Book: 2.52<BR><BR>Contact Details: <BR>Address: Plots No B-12 to B-15 Phase II, MEPZ-SEZ Tambaram Chennai Tamil Nadu : 600045 <BR>Tel: 91-044-22628199/42298199 <BR>Email: investorservices@igarashimtors.co.i <BR>Website: http://www.igusa.com

Are Igarashi Motors India Ltd latest results good or bad?

Igarashi Motors India Ltd's latest results are concerning, showing a 48.04% decline in net profit to ₹1.59 crore despite record net sales of ₹225.97 crore, indicating challenges in profitability and operating margins due to increased costs and a high tax rate.

Igarashi Motors India Ltd's latest results indicate a challenging situation for the company. In Q4 FY26, the company reported a net profit of ₹1.59 crore, which represents a significant decline of 48.04% compared to the previous quarter. This sharp drop in profitability is concerning, especially given that the operating margin has also decreased to 8.53%, marking the lowest level in eight quarters.<BR><BR>On a more positive note, the company achieved record net sales of ₹225.97 crore, reflecting a year-on-year growth of 19.26%. However, this revenue growth has not translated into improved profitability, as evidenced by the substantial increase in the tax rate to 42.18%, which severely impacted post-tax profits.<BR><BR>Overall, while Igarashi Motors demonstrated strong revenue growth, the drastic decline in net profit and operating margins raises significant concerns about its financial health and operational efficiency. Investors may view these results as unfavorable, particularly in light of the company's struggles to maintain profitability amidst rising costs and tax burdens.

Is Igarashi Motors overvalued or undervalued?

As of November 17, 2025, Igarashi Motors is overvalued with a PE ratio of 97.93 and low financial performance indicators, significantly underperforming the Sensex, which suggests it has moved from a fair to an expensive valuation grade compared to its peers.

As of 17 November 2025, Igarashi Motors has moved from a fair to an expensive valuation grade. The company is currently overvalued, with a PE ratio of 97.93, a Price to Book Value of 3.22, and an EV to EBITDA ratio of 18.87. In comparison to its peers, Samvardhana Motherson has a more attractive PE ratio of 34.26, while Bosch, which is rated as fair, has a PE of 48.45. These comparisons highlight the significant premium at which Igarashi Motors is trading relative to its industry peers.<BR><BR>The company's financial performance reflects challenges, with a low ROCE of 5.31% and ROE of 3.29%. Additionally, Igarashi Motors has underperformed the Sensex significantly, with a year-to-date return of -33.64% compared to the Sensex's gain of 8.72%. This underperformance, coupled with its high valuation ratios, reinforces the conclusion that Igarashi Motors is overvalued in the current market environment.

How has been the historical performance of Igarashi Motors?

Igarashi Motors has shown consistent growth in net sales and operating profit from Mar'21 to Mar'25, with net sales increasing to 838.42 Cr and operating profit recovering to 97.44 Cr. However, rising raw material costs have led to fluctuating profit margins, with a PAT margin of 2.88% in Mar'25 compared to 4.81% in Mar'21.

Answer:<BR>The historical performance of Igarashi Motors shows a trend of increasing net sales and operating profit over the years, with significant fluctuations in profit margins and cash flow.<BR><BR>Breakdown:<BR>Igarashi Motors has demonstrated a consistent growth in net sales, rising from 532.86 Cr in Mar'21 to 838.42 Cr in Mar'25. This growth is accompanied by an increase in total operating income, which also reached 838.42 Cr in Mar'25. The raw material costs have increased significantly, from 319.85 Cr in Mar'21 to 544.79 Cr in Mar'25, impacting the operating profit, which has shown a recovery to 97.44 Cr in Mar'25 after a dip in previous years. The profit before tax has improved to 32.51 Cr in Mar'25, up from just 2.31 Cr in Mar'22, while profit after tax has also increased to 24.17 Cr in Mar'25 from 1.19 Cr in Mar'22. However, the profit margins have fluctuated, with the PAT margin at 2.88% in Mar'25 compared to 4.81% in Mar'21. On the balance sheet, total liabilities have increased to 775.01 Cr in Mar'25, while total assets have also risen to the same figure, indicating a stable financial position. Cash flow from operating activities has improved to 93.00 Cr in Mar'25, reflecting better operational efficiency, although cash flow from investing activities remains negative at -90.00 Cr. Overall, while Igarashi Motors has shown growth in sales and profits, it faces challenges with rising costs and fluctuating profit margins.

Is Igarashi Motors technically bullish or bearish?

As of October 30, 2025, Igarashi Motors is in a bearish trend with moderate strength, indicated by bearish moving averages, MACD, KST, and Bollinger Bands across multiple timeframes, alongside a significant decline in performance compared to the Sensex.

As of 30 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Igarashi Motors is bearish with moderate strength. Key indicators driving this stance include the bearish moving averages on the daily timeframe, the bearish MACD on the monthly timeframe, and the overall bearish signals from KST and Bollinger Bands on both weekly and monthly timeframes. Additionally, the Dow Theory indicates a mildly bearish outlook on the weekly and monthly charts. The stock's recent performance shows a significant decline year-to-date and over the past year compared to the Sensex, reinforcing the bearish sentiment.

Who are the top shareholders of the Igarashi Motors?

The top shareholders of Igarashi Motors include Agile Electric Sub Assembly Pvt Ltd with 54.46%, followed by individual investors at 16.3%, Ginni Finance Pvt. Ltd. at 1.5%, mutual funds at 0.66%, and foreign institutional investors at 1.15%.

The top shareholders of Igarashi Motors are primarily the promoters, with Agile Electric Sub Assembly Pvt Ltd holding the largest share at 54.46%. In addition to the promoters, there are mutual funds that hold 0.66% through one scheme, and foreign institutional investors (FIIs) hold 1.15% across 20 different FIIs. The highest public shareholder is Ginni Finance Pvt. Ltd., which holds 1.5%. Individual investors collectively hold 16.3% of the shares.

What is the bonus history of the Igarashi Motors?

Igarashi Motors announced a bonus issue on September 27, 2018, offering shareholders 25 additional shares for every 202 shares held, with a record date of September 28, 2018.

Igarashi Motors has a bonus history that includes a notable issue announced on September 27, 2018. The company declared a bonus in the ratio of 25:202, with the record date set for September 28, 2018. This means that for every 202 shares held, shareholders received an additional 25 shares. If you have any more questions about Igarashi Motors or need further details, feel free to ask!

Has Igarashi Motors declared dividend?

Igarashi Motors India Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of July 31, 2024. The dividend yield is 0.2%, and total returns have varied significantly across different periods, with a notable 108.44% total return over the past 5 years.

Igarashi Motors India Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 31 Jul 24<BR><BR>Dividend Yield: 0.2%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -38.69%, with a dividend return of 0%, resulting in a total return of -38.69%.<BR><BR>Over the past year, the price return was 3.97%, the dividend return was 0.20%, leading to a total return of 4.17%.<BR><BR>In the 2-year period, the price return was 0.86%, the dividend return was 0.40%, culminating in a total return of 1.26%.<BR><BR>For the 3-year period, the price return was 71.98%, the dividend return was 0.77%, resulting in a total return of 72.75%.<BR><BR>In the last 4 years, the price return was 15.15%, with a dividend return of 0.71%, giving a total return of 15.86%.<BR><BR>Over the past 5 years, the price return was 106.81%, the dividend return was 1.63%, leading to a total return of 108.44%.<BR><BR>Overall, Igarashi Motors has declared a dividend, albeit with a modest yield, while the total returns over various periods show significant fluctuations, particularly a strong performance over the 5-year period.