NIPPOBATRY · NSE
Indo-National Limited
₹329.6
+1.24% (+₹4.05)
Prev. close
₹325.55
Volume
3,772
Delivery %
78.9%
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Indo-National Limited
Indo National Limited manufactures and distributes dry cell batteries, rechargeable batteries, flashlights, and general lighting products in India. It offers alkaline and zinc batteries; battery operated and rechargeable torches; LED lighting, including battens, spotlight, down and panel light, rechargeable bulbs, and regular bulbs. The company also provides spike guards and flex boxes; mosquito swatters, and liquid vaporizer; electrical products; other FMCG products; and razors and blades under DORCO brand. The company was formerly known as Nippo Batteries Co. Ltd. and changed its name to Indo National Limited in April 2013. Indo National Limited was incorporated in 1972 and is headquartered in Chennai, India.
Details
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Mr. BVS Pavan Kumar
Headquarters
Chennai
Employees
523
Website
nippo.inExchange
View on NSE ↗Key stats
Market cap
₹247.20 Cr
Dividend yield
1.15%
EPS (TTM)
₹-33.63
Beta (1Y · daily vs NIFTY 50)
1.08
Beta (5Y · monthly vs NIFTY 50)
1.59
Shares float
18.24 L
EPS · quarter ended Jun 2026
₹2.85
Financial Performance
01 · Financials
FY22 growth needs FY21 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹531.81 Cr | ₹570.18 Cr | ₹572.03 Cr | ₹640.60 Cr | ₹467.47 Cr | ₹452.47 Cr | |
| EBITDA | ₹75.68 Cr | ₹44.86 Cr | ₹18.90 Cr | ₹48.92 Cr | ₹167.71 Cr | ₹-10.54 Cr |
| ₹30.38 Cr | ₹7.94 Cr | ₹-5.69 Cr | ₹9.62 Cr | ₹123.76 Cr | ₹-26.34 Cr | |
| Diluted EPS | ₹40.51 | ₹10.59 | ₹-7.59 | ₹12.83 | ₹165.02 | ₹-35.12 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹513.15 Cr | ₹511.43 Cr | ₹514.77 Cr | ₹599.31 Cr | ₹721.48 Cr | ₹430.66 Cr | |
| ₹124.40 Cr | ₹124.82 Cr | ₹136.20 Cr | ₹145.10 Cr | ₹60.02 Cr | ₹39.31 Cr | |
| Stockholders' equity | ₹242.00 Cr | ₹240.20 Cr | ₹231.48 Cr | ₹236.18 Cr | ₹438.17 Cr | ₹302.55 Cr |
Trade receivables, CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹9.89 Cr | ₹35.04 Cr | ₹35.95 Cr | ₹43.55 Cr | ₹-55.76 Cr | ₹41.62 Cr | |
| Investing cash flow | ₹8.36 Cr | ₹-35.41 Cr | ₹-27.61 Cr | ₹-38.26 Cr | ₹80.47 Cr | ₹15.57 Cr |
| ₹-12.60 Cr | ₹-19.74 Cr | ₹-9.42 Cr | ₹-9.43 Cr | ₹-18.78 Cr | ₹-58.24 Cr | |
| Capital expenditure | ₹-6.27 Cr | ₹-52.72 Cr | ₹-30.87 Cr | ₹-44.73 Cr | ₹-41.66 Cr | ₹-28.04 Cr |
| End cash position | ₹26.28 Cr | ₹6.17 Cr | ₹5.08 Cr | ₹94.45 L | ₹6.88 Cr | ₹5.84 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Jun 19 | Dec 20–Jun 26(22Q) |
|---|---|---|
| Promoter | 70.68% | 65.35% |
| Public | 29.32% | 34.65% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.32 L Cr | ₹3,929.9 | 32.0 | 4.87 | 14.7% | 1.15 | +11.8% | +7.4% |
| Adani Ports and Special Economic Zone Limited | ₹4.14 L Cr | ₹1,807.3 | 30.6 | 4.30 | 13.3% | 0.66 | +27.1% | +25.4% |
| Hindustan Aeronautics Limited | ₹3.21 L Cr | ₹4,836 | 34.4 | 7.82 | 22.2% | 0.00 | +5.6% | +0.8% |
| Bharat Electronics Limited | ₹2.91 L Cr | ₹396.05 | 47.3 | 12.12 | 25.3% | 0.00 | +15.9% | -2.1% |
| InterGlobe Aviation Limited | ₹1.94 L Cr | ₹5,028.5 | — | 27.90 | -34.3% | 11.15 | +6.6% | -12.3% |
| ABB India Limited | ₹1.54 L Cr | ₹7,120.5 | 97.1 | 19.66 | 21.3% | 0.01 | +8.1% | +32.8% |
| Bharat Heavy Electricals Limited | ₹1.48 L Cr | ₹423.1 | 61.0 | 5.67 | 6.1% | 0.31 | +18.3% | +77.2% |
| CG Power and Industrial Solutions Limited | ₹1.41 L Cr | ₹895 | 113.1 | 17.71 | 15.1% | 0.01 | +25.1% | +15.7% |
| Hitachi Energy India Limited | ₹1.40 L Cr | ₹31,150 | 121.7 | 27.05 | 19.1% | 0.02 | +27.2% | +64.0% |
| Cummins India Limited | ₹1.38 L Cr | ₹5,010 | 58.0 | 16.23 | 27.9% | 0.00 | +16.9% | +25.1% |
| Siemens Limited | ₹1.37 L Cr | ₹3,886 | 81.4 | 10.39 | 15.9% | 0.01 | +16.2% | +19.9% |
| Indo-National Limited | ₹244.16 Cr | ₹329.6 | — | 0.81 | -8.7% | 0.13 | -3.2% | -29.9% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Indo National Limited (NSE:NIPPOBATRY) Goes Ex-Dividend Soon
Indo National Limited (NIPPOBATRY) will soon trade ex-dividend, with a payment of ₹3.75 per share. The company reported a loss last year, raising concerns about dividend sustainability despite the payment being covered by free cash flow. Investors need to purchase shares before September 21st to receive the dividend.
Indo National Limited Acquires Additional 0.41% Stake in Medcuore Medical Solutions Private Ltd
EquityBulls · 12 days ago