Indo National

INR
277.55
-13 (-4.47%)
BSENSE

Mar 27

BSE+NSE Vol: 15.46 k

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stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

15.46 k (-36.01%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 1 FIIs

DII

0.02%

Held by 0 DIIs

Promoter

65.35%

how big is Indo National?

06-Jun-2025

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.

Market Cap: As of Jun 06, Indo National Ltd has a market capitalization of 377.21 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters ending in March 2025, December 2024, September 2024, and June 2024, Indo National reported a sum of Net Sales of 467.46 Cr and a sum of Net Profit of 123.77 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in March 2024. The Shareholder's Funds are reported at 236.18 Cr, while the Total Assets amount to 599.31 Cr.

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Has Indo National declared dividend?

06-Jun-2025

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.

Indo National Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 5<BR>- Ex-date: 19 Sep 24<BR><BR>Dividend Yield: 1.01%.<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was -9.15%, with a dividend return of 0%, resulting in a total return of -9.15%.<BR><BR>In the 1-year period, the price return was -11.25%, the dividend return was 0.88%, leading to a total return of -10.37%.<BR><BR>For the 2-year period, the price return was 32.2%, the dividend return was 2.50%, culminating in a total return of 34.7%.<BR><BR>During the 3-year period, the price return was 37.42%, with a dividend return of 4.94%, resulting in a total return of 42.36%.<BR><BR>In the 4-year period, the price return was 2.76%, the dividend return was 8.44%, which led to a total return of 11.2%.<BR><BR>Over the 5-year period, the price return was 110.77%, with a dividend return of 16.14%, resulting in a total return of 126.91%.<BR><BR>Overall, Indo National Ltd has declared a significant dividend, and while recent returns have shown some volatility, the long-term performance indicates a strong upward trend, particularly in the 5-year period.

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Who are the peers of the Indo National?

03-Jun-2025

Indo National's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., and others. Indo National has below-average management and capital structure, with a 1-year return of -15.54%, significantly underperforming its peers.

Peers: The peers of Indo National are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Mcleod Russel, Sheetal Cool, Kings Infra, and Proventus Agro.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, and Britannia Inds., while Good management risk is found at Hind. Unilever and Godrej Consumer. Average management risk is present at Kings Infra, while Below Average management risk is noted for Indo National, Mcleod Russel, and Proventus Agro. In terms of Growth, Excellent growth is seen at Kings Infra, Average growth at Nestle India, and Below Average growth at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, Indo National, Mcleod Russel, Sheetal Cool, and Proventus Agro. For Capital Structure, Excellent capital structure is held by Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, while Average capital structure is noted for Sheetal Cool and Proventus Agro, and Below Average capital structure is observed at Indo National, Mcleod Russel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sharat Industrie at 174.70%, while Indo National has the lowest at -15.54%. This indicates that Indo National's performance is significantly below that of its peers. Additionally, the six-month return is negative for Mcleod Russel, Sheetal Cool, and Indo National.

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Is Indo National overvalued or undervalued?

09-Jun-2025

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%.

As of 31 January 2025, the valuation grade for Indo National has moved from very attractive to risky, indicating a significant shift in its perceived investment quality. The company is currently assessed as overvalued. Key ratios include a PE ratio of 3.03, an EV to EBITDA of -17.06, and a ROE of 28.25%. <BR><BR>In comparison to its peers, Indo National's valuation stands out unfavorably; for instance, Exide Industries has a PE ratio of 42.02, while Amara Raja Energy boasts a PE of 21.19, highlighting the stark contrast in valuation metrics. Furthermore, Indo National's recent stock performance has lagged behind the Sensex, with a year-to-date return of -6.87% compared to the Sensex's 5.64%, reinforcing the notion that the stock may not be a favorable investment at its current price of 506.35.

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What is the technical trend for Indo National?

09-Jun-2025

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 26 May 2025, the technical trend for Indo National has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and Bollinger Bands show a mildly bullish trend. However, the monthly indicators, including MACD and KST, are bearish, suggesting weakness in the longer term. The RSI on the weekly timeframe shows no signal, while it is bullish on the monthly, indicating mixed momentum. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the bearish monthly indicators.

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Who are in the management team of Indo National?

16-Jul-2025

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 March 2023, the management team of Indo National includes:<BR><BR>1. P Dwarakanth Reddy - Managing Director<BR>2. R P Khaitan - Joint Managing Director<BR>3. Aditya Reddy - Joint Managing Director<BR>4. J Srinivasan - Company Secretary & Compliance Officer<BR>5. N Ramesh Rajan - Chairman & Independent Director<BR>6. Lakshmmi Subramanian - Independent Director<BR>7. M Sankara Reddy - Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

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What does Indo National do?

17-Jul-2025

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.

Overview: <BR>Indo National Ltd is engaged in the manufacture and marketing of batteries, torches, LED products, mosquito bats, electrical accessories, and razors & blades, operating within the FMCG industry and classified as a micro-cap company.<BR><BR>History: <BR>Indo National Ltd was incorporated as a public limited company in 1972, promoted by S R Jiwarajka and Matsushita Electrical Company, Japan. 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: 971 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 346 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 3.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 1.10% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 28.25% <BR>Price to Book: 0.78 <BR><BR>Contact Details: <BR>Address: Lakshmi Bhavan IVth Floor, No 609 Mount Road Chennai Tamil Nadu : 600006 <BR>Email: jsrinivasan@nippobatteries.com <BR>Website: http://www.nippo.in

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Who are the top shareholders of the Indo National?

17-Jul-2025

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.

The top shareholders of Indo National include the promoters, with Dwaraknath Reddy holding the largest share at 44.1%. There are no pledged promoter holdings, and the company has two foreign institutional investors (FIIs) holding a negligible percentage. The highest public shareholder is Sharad Kanayalal Shah, who owns 4.2%. Additionally, individual investors collectively hold 29.24% of the shares.

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How has been the historical performance of Indo National?

29-Oct-2025

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.

Answer:<BR>The historical performance of Indo National shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Indo National's net sales have seen a decline from INR 640.60 crore in March 2024 to INR 467.47 crore in March 2025, following a peak of INR 572.03 crore in March 2023. The total operating income mirrored this trend, decreasing to INR 467.47 crore in March 2025 from INR 640.60 crore in March 2024. The company's total expenditure also fell, from INR 599.90 crore in March 2024 to INR 489.73 crore in March 2025, contributing to an operating profit (PBDIT) of INR -22.26 crore in March 2025, a stark contrast to the INR 40.70 crore profit in March 2024. Despite these challenges, Indo National reported a profit before tax of INR 151.29 crore in March 2025, up from INR 19.42 crore in March 2024, leading to a profit after tax of INR 121.95 crore, compared to INR 14.64 crore the previous year. The company’s total assets increased to INR 721.48 crore in March 2025 from INR 599.31 crore in March 2024, while total liabilities also rose to INR 721.48 crore from INR 599.31 crore. Cash flow from operating activities improved to INR 43.00 crore in March 2024 from INR 35.00 crore in March 2023, although the net cash outflow was recorded at INR -4.00 crore in March 2024. Overall, Indo National's financial performance reflects a mix of declining sales and expenditures, alongside a notable recovery in profitability metrics.

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Should I buy, sell or hold Indo National?

30-Oct-2025

When is the next results date for Indo National Ltd?

21-Jan-2026

The next results date for Indo National Ltd is 04 February 2026.

The next results date for Indo National Ltd is scheduled for 04 February 2026.

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Are Indo National Ltd latest results good or bad?

05-Feb-2026

Indo National Ltd's latest Q3 FY26 results are poor, showing a net loss of ₹7.84 crores and an 11.11% decline in revenue quarter-on-quarter. Despite a slight improvement in operating margin, the company continues to face significant operational challenges and negative margins.

Indo National Ltd's latest results for Q3 FY26 indicate a troubling performance. The company reported a net loss of ₹7.84 crores, which is a significant decline compared to the previous quarter and the same quarter last year. Revenue also fell by 11.11% quarter-on-quarter and 12.60% year-on-year, totaling ₹106.31 crores. <BR><BR>The operating margin remains negative at -6.42%, although it has improved slightly from -9.18% in the same quarter last year. This suggests that while there is some progress, the company is still struggling to cover its operating costs. <BR><BR>Overall, the financial performance reflects ongoing operational challenges, with persistent negative margins and declining revenues raising concerns about the company's business model and competitiveness in the FMCG sector. Given these factors, the latest results can be characterized as poor, highlighting a need for significant strategic changes to improve the company's outlook.

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Why is Indo National Ltd falling/rising?

17-Mar-2026

As of 17-Mar, Indo National Ltd's stock price is currently Rs. 280.00, reflecting a 2.1% decrease and a significant downward trend with a 10.04% loss over the past week and 21.57% over the past month. The stock has reached a new 52-week low of Rs. 271, indicating strong selling pressure and underperformance compared to its sector.

As of 17-Mar, Indo National Ltd's stock price is falling, currently at Rs. 280.00, which reflects a decrease of Rs. 6.00 or 2.1%. The stock has been on a downward trend, having lost 10.04% over the past week and 21.57% over the past month. Notably, it reached a new 52-week low of Rs. 271 today, indicating significant selling pressure. The stock has been declining for five consecutive days, contributing to an overall year-to-date decline of 32.04%, compared to a 10.74% drop in the Sensex.<BR><BR>Today's performance shows that Indo National Ltd underperformed its sector by 3.72%. It opened with a gap down of 5.24% and touched an intraday low of Rs. 271. The trading volume indicates a lack of investor interest, as the delivery volume has decreased by 14.48% compared to the five-day average. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend. Overall, these factors contribute to the ongoing decline in the stock price of Indo National Ltd.

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Why is Indo National Ltd falling/rising?

18-Mar-2026

As of 18-Mar, Indo National Ltd's stock price is currently at Rs 286.70, reflecting a 2.14% increase after a trend reversal. Despite this short-term rise, the stock has a year-to-date decline of 30.41% and faces significant long-term challenges, indicating a generally negative outlook.

As of 18-Mar, Indo National Ltd's stock price is rising, currently at Rs 286.70, reflecting a change of Rs 6.0 or 2.14% increase. This upward movement comes after a trend reversal, as the stock has gained following five consecutive days of decline. Additionally, the stock outperformed its sector by 0.3% today and reached an intraday high of Rs 288, which is a 2.6% increase.<BR><BR>Despite this short-term rise, the stock has been underperforming in the longer term, with a year-to-date decline of 30.41% and a one-year drop of 33.98%. The company has faced significant challenges, including operating losses and negative results for the last five consecutive quarters, which contribute to its weak long-term fundamental strength. The stock's performance is also hindered by a poor EBIT to Interest ratio of -1.24 and a low Return on Equity of 8.44%.<BR><BR>Investor participation appears to be increasing, as evidenced by a 55.15% rise in delivery volume compared to the five-day average, indicating some renewed interest. However, the stock remains below its moving averages across various time frames, suggesting ongoing challenges. Overall, while there is a temporary rise in the stock price, the underlying fundamentals indicate significant risks and a generally negative outlook.

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Why is Indo National Ltd falling/rising?

19-Mar-2026

As of 19-Mar, Indo National Ltd's stock price is rising to 296.00, up 3.24%. This increase is driven by strong relative performance, recent gains, high trading activity, and increased investor confidence.

As of 19-Mar, Indo National Ltd's stock price is rising, currently at 296.00, with a change of 9.3 (3.24%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 5.68% today, indicating a relative strength compared to its peers. Additionally, it has been gaining for the last two days, with a total return of 5.45% during this period. <BR><BR>Despite opening with a loss of -2.34% today, the stock reached an intraday high of Rs 326, reflecting significant upward momentum within the trading day. The stock has also experienced high volatility, with an intraday volatility of 6.95%, suggesting active trading and investor interest. <BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume on 18 March rising by 95.3% compared to the 5-day average. This indicates a growing confidence among investors, which may contribute to the stock's upward movement. <BR><BR>Overall, the combination of recent gains, strong relative performance, increased trading activity, and high volatility are key factors driving the rise in Indo National Ltd's stock price.

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Why is Indo National Ltd falling/rising?

20-Mar-2026

As of 20-Mar, Indo National Ltd's stock price is at 294.25, down 0.35 (-0.12%), indicating a potential reversal after recent gains. The company faces significant financial challenges, including consecutive operating losses, a 14.96% drop in the last month, and a 34.86% decline over the past year, raising concerns about its long-term viability.

As of 20-Mar, Indo National Ltd's stock price is currently at 294.25, reflecting a decrease of 0.35 (-0.12%). The stock has shown a trend of falling after two consecutive days of gains, indicating a potential reversal in its short-term performance. Over the past week, the stock has increased by 0.43%, which contrasts with its significant decline over longer periods, including a 14.96% drop in the last month and a staggering 34.86% decrease over the past year.<BR><BR>The company's financial health is concerning, as it has reported operating losses and negative results for the last five consecutive quarters. This has contributed to a weak long-term fundamental strength, evidenced by a poor EBIT to Interest ratio of -1.24 and a return on equity of only 8.44%. Additionally, the company's net sales have fallen by 12.60%, and its cash and cash equivalents are at a low of Rs 1.35 crore.<BR><BR>Despite a rise in investor participation, with a delivery volume increase of 215.68% against the five-day average, the overall performance remains below par. The stock is trading at risky levels compared to its historical valuations, and its profits have plummeted by 104.3% over the past year. Given these factors, Indo National Ltd's stock is experiencing a decline, reflecting broader concerns about its financial stability and long-term viability.

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Why is Indo National Ltd falling/rising?

23-Mar-2026

As of 23-Mar, Indo National Ltd's stock price is currently at Rs 295.00, reflecting a short-term increase despite a significant year-long decline of 35.86% and ongoing negative financial performance. The company's fundamentals remain weak, indicating a negative long-term outlook.

As of 23-Mar, Indo National Ltd's stock price is rising, currently at Rs 295.00, reflecting a change of Rs 3.45 or 1.18% increase. This rise can be attributed to its performance today, where it outperformed its sector by 5.68%. Despite this daily increase, the stock has shown significant volatility, with an intraday volatility of 5.53% and a low of Rs 271.55 earlier in the day, indicating a turbulent trading environment.<BR><BR>However, the broader context reveals a concerning trend for Indo National Ltd. Over the past year, the stock has experienced a substantial decline of 35.86%, and its year-to-date performance shows a drop of 28.40%. The company has reported negative results for the last five consecutive quarters, with a significant decrease in net sales by 12.60% and a return on capital employed (ROCE) at a low of -2.27%. Furthermore, the company's ability to service its debt is weak, as indicated by a poor EBIT to interest ratio of -1.24.<BR><BR>While the stock has seen a short-term rise, the long-term fundamentals remain weak, suggesting that the overall outlook for Indo National Ltd is still negative despite today's performance.

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Why is Indo National Ltd falling/rising?

24-Mar-2026

As of 24-Mar, Indo National Ltd's stock price is at 288.60, reflecting a 4.36% increase. This rise is driven by a trend reversal after previous declines, increased investor participation, and outperformance against its sector, despite significant long-term declines.

As of 24-Mar, Indo National Ltd's stock price is rising, currently at 288.60, which reflects a change of 12.05 or 4.36% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.51%, indicating a relative strength compared to its peers. Additionally, there has been a trend reversal as the stock gained after two consecutive days of decline, suggesting a potential recovery in investor sentiment.<BR><BR>The stock also reached an intraday high of Rs 295, marking a significant increase of 6.67% during the trading day. Furthermore, there is rising investor participation, with delivery volume increasing by 15.16% compared to the 5-day average, which indicates growing interest among investors. The sector itself, specifically the batteries segment, has seen a gain of 2.85%, which may also contribute positively to the stock's performance.<BR><BR>Despite the recent rise, it is important to note that Indo National Ltd has faced significant declines over longer periods, with a year-to-date drop of 29.95% and a one-year decline of 37.34%. However, the current positive momentum and increased trading activity suggest a short-term recovery phase for the stock.

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Why is Indo National Ltd falling/rising?

25-Mar-2026

As of 25-Mar, the stock price of Indo National Ltd is rising to 290.05, reflecting a 1.36% increase. This short-term gain is driven by increased investor participation and positive trading momentum, despite a longer-term decline in performance.

As of 25-Mar, the stock price of Indo National Ltd is rising, currently at 290.05, reflecting a change of 3.9 (1.36%) upward. This increase can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, with a total return of 4.88% during this period. Additionally, the stock reached an intraday high of Rs 293, indicating positive momentum within the trading day.<BR><BR>Moreover, there has been a notable rise in investor participation, as evidenced by a delivery volume of 11.44 k on 24 March, which is up by 12.85% compared to the 5-day average delivery volume. This suggests that more investors are willing to buy the stock, contributing to its upward price movement.<BR><BR>Despite the overall negative performance in the longer term, with a year-to-date decline of 29.60% and a one-year decline of 33.08%, the recent short-term gains and increased trading activity indicate a temporary positive sentiment among investors. The stock's performance today is also described as inline with the sector, further supporting the notion of a rising trend in the short term.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.24
  • The company has been able to generate a Return on Equity (avg) of 8.44% signifying low profitability per unit of shareholders funds
2

The company has declared Negative results for the last 5 consecutive quarters

3

Risky - Negative EBITDA

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

FMCG

stock-summary
Market cap

INR 218 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

25

stock-summary
Dividend Yield

1.72%

stock-summary
Debt Equity

0.10

stock-summary
Return on Equity

-2.41%

stock-summary
Price to Book

0.55

Revenue and Profits:
Net Sales:
106 Cr
(Quarterly Results - Dec 2025)
Net Profit:
-8 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.72%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-32.97%
0%
-32.97%
6 Months
-38.4%
0%
-38.4%
1 Year
-34.21%
1.09%
-33.12%
2 Years
-50.35%
1.57%
-48.78%
3 Years
-6.04%
4.61%
-1.43%
4 Years
-31.74%
4.53%
-27.21%
5 Years
-21.68%
12.15%
-9.53%

Latest dividend: 5 per share ex-dividend date: Sep-19-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Indo-National Limited - Other General Purpose

28-Nov-2019 | Source : NSE

Indo-National Limited has informed the Exchange regarding Details of Related Party Transactions.

Indo-National Limited - Outcome of Board Meeting

04-Nov-2019 | Source : NSE

Indo-National Limited has informed the Exchange regarding Board meeting held on November 04, 2019.

Indo-National Limited - Updates

09-Oct-2019 | Source : NSE

Indo-National Limited has informed the Exchange regarding 'regulation 74(5) of SEBI ( depositories and participants) Regulations 2018'.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Indo National Ltd has declared 100% dividend, ex-date: 19 Sep 25

stock-summary
SPLITS

Indo National Ltd has announced 5:10 stock split, ex-date: 28 Oct 21

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BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
-2.94%
EBIT Growth (5y)
-178.49%
EBIT to Interest (avg)
-1.24
Debt to EBITDA (avg)
4.11
Net Debt to Equity (avg)
0.10
Sales to Capital Employed (avg)
1.42
Tax Ratio
33.29%
Dividend Payout Ratio
38.98%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
2.38%
ROE (avg)
8.44%

Valuation key factors

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
25
Price to Book Value
0.52
EV to EBIT
-16.80
EV to EBITDA
-124.11
EV to Capital Employed
0.57
EV to Sales
0.56
PEG Ratio
NA
Dividend Yield
1.80%
ROCE (Latest)
-4.27%
ROE (Latest)
-2.41%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.0%)

Promoter with highest holding

Dwaraknath Reddy (44.1%)

Highest Public shareholder

Sharad Kanayalal Shah (4.22%)

Individual Investors Holdings

29.28%

stock-summaryFinancial
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          "val1": "-7.84",
          "val2": "-12.07",
          "chgp": "35.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-6.42%",
          "val2": "-9.18%",
          "chgp": "2.76%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is -3.89% vs -18.01% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -98.41% vs 3,500.80% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "239.04",
          "val2": "248.72",
          "chgp": "-3.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.75",
          "val2": "-9.17",
          "chgp": "173.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.32",
          "val2": "2.12",
          "chgp": "-37.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.16",
          "val2": "135.75",
          "chgp": "-98.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.82%",
          "val2": "-3.69%",
          "chgp": "6.51%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -6.75% vs -21.48% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -104.59% vs 1,615.40% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "345.35",
          "val2": "370.35",
          "chgp": "-6.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.07",
          "val2": "-20.33",
          "chgp": "99.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.96",
          "val2": "2.22",
          "chgp": "-11.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-5.68",
          "val2": "123.68",
          "chgp": "-104.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-0.02%",
          "val2": "-5.49%",
          "chgp": "5.47%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is -27.03% vs 11.99% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 1,186.49% vs 269.07% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "467.47",
          "val2": "640.60",
          "chgp": "-27.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-22.26",
          "val2": "40.70",
          "chgp": "-154.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.18",
          "val2": "13.75",
          "chgp": "-76.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "123.76",
          "val2": "9.62",
          "chgp": "1,186.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-4.76%",
          "val2": "6.35%",
          "chgp": "-11.11%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - YoYstock-summary

Dec'25
Dec'24
Change(%)
Net Sales
106.31
121.63
-12.60%
Operating Profit (PBDIT) excl Other Income
-6.82
-11.16
38.89%
Interest
0.64
0.10
540.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-7.84
-12.07
35.05%
Operating Profit Margin (Excl OI)
-6.42%
-9.18%
2.76%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2025 is -12.60% vs -27.74% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is 35.05% vs -450.87% in Dec 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
239.04
248.72
-3.89%
Operating Profit (PBDIT) excl Other Income
6.75
-9.17
173.61%
Interest
1.32
2.12
-37.74%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.16
135.75
-98.41%
Operating Profit Margin (Excl OI)
2.82%
-3.69%
6.51%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -3.89% vs -18.01% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is -98.41% vs 3,500.80% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
345.35
370.35
-6.75%
Operating Profit (PBDIT) excl Other Income
-0.07
-20.33
99.66%
Interest
1.96
2.22
-11.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-5.68
123.68
-104.59%
Operating Profit Margin (Excl OI)
-0.02%
-5.49%
5.47%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is -6.75% vs -21.48% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -104.59% vs 1,615.40% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
467.47
640.60
-27.03%
Operating Profit (PBDIT) excl Other Income
-22.26
40.70
-154.69%
Interest
3.18
13.75
-76.87%
Exceptional Items
0.00
0.00
Consolidate Net Profit
123.76
9.62
1,186.49%
Operating Profit Margin (Excl OI)
-4.76%
6.35%
-11.11%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is -27.03% vs 11.99% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 1,186.49% vs 269.07% in Mar 2024

stock-summaryCompany CV
About Indo National Ltd stock-summary
stock-summary
Indo National Ltd
Micro Cap
FMCG
Promoted by S R Jiwarajka and Matsushita Electrical Company, Japan, in 1972, Indo National Ltd (INL) was incorporated as a public limited company. The Company is in the business of manufacture and marketing of batteries, torches, LED products, mosquito bats, Electrical accessories and Razors & Blades. Nippo has 20 depots across India and has distribution network with over 3200 distributors across India. Matsushita holds 40% of INL's equity. The Indian partner is Obul Reddy.
Company Coordinates stock-summary
Company Details
Lakshmi Bhavan IVth Floor, No 609 Mount Road Chennai Tamil Nadu : 600006
stock-summary
Tel:
stock-summary
jsrinivasan@nippobatteries.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai