Share Price and Basic Stock Data
Last Updated: November 8, 2025, 2:42 am
| PEG Ratio | 1.40 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Igarashi Motors India Ltd operates within the electric equipment sector, focusing on manufacturing motors. The company reported a sales figure of ₹656 Cr for the financial year ending March 2023, which rose to ₹725 Cr for FY 2024, and is projected to reach ₹838 Cr for FY 2025. Quarterly sales trends indicate a consistent upward trajectory, with the latest quarter ending June 2025 recording ₹204.71 Cr in sales. This growth reflects a robust demand for electric motors, as evidenced by the notable increase from ₹142.61 Cr in June 2022 to ₹178.44 Cr in September 2023. The company’s ability to maintain and enhance its revenue streams highlights its competitive position in the market, particularly as the demand for electric equipment continues to grow in India. The robust sales performance, alongside a market capitalization of ₹1,570 Cr, underscores Igarashi’s significant role in the electric equipment industry.
Profitability and Efficiency Metrics
Igarashi Motors reported an operating profit margin (OPM) of 9.58% for FY 2025, reflecting an improvement from previous years, where it stood at 8% for FY 2022. The operating profit for FY 2025 reached ₹96 Cr, up from ₹61 Cr in FY 2023. However, the company’s price-to-earnings (P/E) ratio of 84.8 indicates a relatively high valuation compared to industry norms, suggesting that investor expectations are significantly elevated. Return on equity (ROE) was recorded at 5.30%, while return on capital employed (ROCE) stood at 7.73%, both of which are moderate in comparison to the electric equipment sector averages. Igarashi’s interest coverage ratio (ICR) of 7.28x suggests that the company is well-positioned to meet its interest obligations, which is a positive indicator of financial health. However, the net profit margin of 2.88% for FY 2025 indicates room for improvement in overall profitability.
Balance Sheet Strength and Financial Ratios
The balance sheet of Igarashi Motors reflects a stable financial position, with total borrowings at ₹151 Cr against reserves of ₹434 Cr as of March 2025. This results in a debt-to-equity ratio of 0.27, indicating a conservative leverage position, which is favorable compared to industry standards. The company’s current ratio stands at 1.24, signifying adequate liquidity to cover short-term liabilities. Additionally, the book value per share increased to ₹147.91 in FY 2025, reflecting solid retained earnings and a healthy capital structure. The cash conversion cycle of 76 days indicates efficient management of working capital, although it has shown fluctuations over the years. The enterprise value of ₹1,681.46 Cr and an EV/EBITDA ratio of 17.26x may suggest that the market values the company at a premium, which could be a point of consideration for potential investors.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Igarashi Motors indicates strong promoter confidence, with promoters holding 75% of the shares. Foreign institutional investors (FIIs) have shown gradual interest, increasing their stake from 0.08% in December 2022 to 1.15% by March 2025. Domestic institutional investors (DIIs) also increased their holdings, reaching 2.28% in March 2025. This upward trend in institutional investment reflects a growing confidence in the company’s growth prospects. The public shareholding stands at 21.57%, indicating a stable distribution of shares among retail investors. The number of shareholders has fluctuated, reaching 25,238 by March 2025, which illustrates a steady interest in the stock. Overall, the shareholding dynamics suggest a positive outlook among institutional investors, although the low foreign institutional ownership may indicate room for growth in international interest.
Outlook, Risks, and Final Insight
Looking ahead, Igarashi Motors is well-positioned to capitalize on the growing demand for electric motors, given its robust revenue growth and improving profitability metrics. However, risks remain, including the high P/E ratio which may deter value-focused investors and economic fluctuations that could impact demand. Additionally, the company’s reliance on the domestic market exposes it to regional economic downturns. On the operational side, maintaining efficiency in production and managing costs will be critical to sustaining profitability. The ongoing expansion in the electric vehicle sector presents significant opportunities for Igarashi Motors, but competition and market dynamics will play a crucial role in shaping its future. Overall, while the company demonstrates several strengths, including a solid balance sheet and growing institutional interest, it must navigate potential risks and challenges to realize its full potential in the evolving electric equipment landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Igarashi Motors India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Kaycee Industries Ltd | 341 Cr. | 1,076 | 2,767/800 | 59.5 | 98.6 | 0.19 % | 30.6 % | 22.2 % | 10.0 |
| Modern Insulators Ltd | 776 Cr. | 165 | 168/77.4 | 15.0 | 106 | 0.00 % | 8.98 % | 7.36 % | 10.0 |
| Modison Ltd | 462 Cr. | 142 | 211/108 | 17.0 | 66.7 | 2.46 % | 15.5 % | 12.1 % | 1.00 |
| Evans Electric Ltd | 87.8 Cr. | 160 | 250/118 | 12.8 | 47.8 | 0.94 % | 40.8 % | 30.0 % | 10.0 |
| Epic Energy Ltd | 31.1 Cr. | 43.2 | 148/36.5 | 24.3 | 11.2 | 0.00 % | 14.2 % | 17.8 % | 10.0 |
| Industry Average | 11,843.65 Cr | 525.23 | 118.56 | 83.59 | 0.26% | 16.67% | 16.17% | 6.34 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142.61 | 173.73 | 166.98 | 172.93 | 168.25 | 178.44 | 173.75 | 204.60 | 222.07 | 216.07 | 210.80 | 189.47 | 204.71 |
| Expenses | 134.78 | 158.38 | 151.67 | 151.06 | 152.04 | 161.11 | 156.46 | 182.16 | 196.75 | 189.79 | 187.06 | 169.76 | 185.10 |
| Operating Profit | 7.83 | 15.35 | 15.31 | 21.87 | 16.21 | 17.33 | 17.29 | 22.44 | 25.32 | 26.28 | 23.74 | 19.71 | 19.61 |
| OPM % | 5.49% | 8.84% | 9.17% | 12.65% | 9.63% | 9.71% | 9.95% | 10.97% | 11.40% | 12.16% | 11.26% | 10.40% | 9.58% |
| Other Income | 0.31 | 0.59 | 3.80 | 3.33 | 0.90 | 0.46 | 0.73 | 0.34 | 1.37 | 0.33 | 0.37 | 0.31 | 0.80 |
| Interest | 2.50 | 3.11 | 3.35 | 3.18 | 3.07 | 3.38 | 3.51 | 2.78 | 3.38 | 3.55 | 3.83 | 2.63 | 3.17 |
| Depreciation | 11.26 | 12.07 | 11.88 | 11.94 | 12.12 | 12.41 | 12.41 | 12.13 | 12.39 | 12.64 | 13.12 | 13.39 | 13.87 |
| Profit before tax | -5.62 | 0.76 | 3.88 | 10.08 | 1.92 | 2.00 | 2.10 | 7.87 | 10.92 | 10.42 | 7.16 | 4.00 | 3.37 |
| Tax % | -25.27% | 38.16% | 65.46% | 24.31% | 26.04% | 27.00% | 25.71% | 34.69% | 25.27% | 25.34% | 28.07% | 23.50% | 25.22% |
| Net Profit | -4.20 | 0.47 | 1.34 | 7.63 | 1.43 | 1.46 | 1.56 | 5.14 | 8.16 | 7.79 | 5.16 | 3.06 | 2.51 |
| EPS in Rs | -1.33 | 0.15 | 0.43 | 2.42 | 0.45 | 0.46 | 0.50 | 1.63 | 2.59 | 2.47 | 1.64 | 0.97 | 0.80 |
Last Updated: August 20, 2025, 9:20 am
Below is a detailed analysis of the quarterly data for Igarashi Motors India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 204.71 Cr.. The value appears strong and on an upward trend. It has increased from 189.47 Cr. (Mar 2025) to 204.71 Cr., marking an increase of 15.24 Cr..
- For Expenses, as of Jun 2025, the value is 185.10 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 169.76 Cr. (Mar 2025) to 185.10 Cr., marking an increase of 15.34 Cr..
- For Operating Profit, as of Jun 2025, the value is 19.61 Cr.. The value appears to be declining and may need further review. It has decreased from 19.71 Cr. (Mar 2025) to 19.61 Cr., marking a decrease of 0.10 Cr..
- For OPM %, as of Jun 2025, the value is 9.58%. The value appears to be declining and may need further review. It has decreased from 10.40% (Mar 2025) to 9.58%, marking a decrease of 0.82%.
- For Other Income, as of Jun 2025, the value is 0.80 Cr.. The value appears strong and on an upward trend. It has increased from 0.31 Cr. (Mar 2025) to 0.80 Cr., marking an increase of 0.49 Cr..
- For Interest, as of Jun 2025, the value is 3.17 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.63 Cr. (Mar 2025) to 3.17 Cr., marking an increase of 0.54 Cr..
- For Depreciation, as of Jun 2025, the value is 13.87 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.39 Cr. (Mar 2025) to 13.87 Cr., marking an increase of 0.48 Cr..
- For Profit before tax, as of Jun 2025, the value is 3.37 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2025) to 3.37 Cr., marking a decrease of 0.63 Cr..
- For Tax %, as of Jun 2025, the value is 25.22%. The value appears to be increasing, which may not be favorable. It has increased from 23.50% (Mar 2025) to 25.22%, marking an increase of 1.72%.
- For Net Profit, as of Jun 2025, the value is 2.51 Cr.. The value appears to be declining and may need further review. It has decreased from 3.06 Cr. (Mar 2025) to 2.51 Cr., marking a decrease of 0.55 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.80. The value appears to be declining and may need further review. It has decreased from 0.97 (Mar 2025) to 0.80, marking a decrease of 0.17.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:10 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 385 | 445 | 516 | 671 | 606 | 534 | 533 | 556 | 656 | 725 | 838 | 821 |
| Expenses | 292 | 305 | 337 | 394 | 513 | 490 | 456 | 458 | 509 | 595 | 650 | 743 | 732 |
| Operating Profit | 69 | 80 | 108 | 122 | 158 | 117 | 78 | 74 | 47 | 61 | 75 | 96 | 89 |
| OPM % | 19% | 21% | 24% | 24% | 24% | 19% | 15% | 14% | 8% | 9% | 10% | 11% | 11% |
| Other Income | 18 | 17 | 14 | 17 | 34 | 25 | 12 | 10 | 7 | 8 | 2 | 2 | 2 |
| Interest | 13 | 7 | 6 | 4 | 13 | 16 | 15 | 7 | 7 | 13 | 13 | 14 | 13 |
| Depreciation | 16 | 19 | 19 | 22 | 38 | 40 | 43 | 45 | 44 | 47 | 49 | 52 | 53 |
| Profit before tax | 58 | 72 | 97 | 114 | 141 | 86 | 32 | 32 | 2 | 9 | 14 | 33 | 25 |
| Tax % | 21% | 32% | 35% | 34% | 32% | 33% | 8% | 21% | 48% | 42% | 31% | 26% | |
| Net Profit | 46 | 49 | 64 | 75 | 95 | 57 | 30 | 26 | 1 | 5 | 10 | 24 | 19 |
| EPS in Rs | 13.49 | 14.23 | 18.50 | 21.90 | 27.69 | 18.24 | 9.50 | 8.14 | 0.38 | 1.66 | 3.04 | 7.68 | 5.88 |
| Dividend Payout % | 20% | 28% | 26% | 27% | 19% | 27% | 13% | 18% | 0% | 60% | 33% | 33% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 6.52% | 30.61% | 17.19% | 26.67% | -40.00% | -47.37% | -13.33% | -96.15% | 400.00% | 100.00% | 140.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | 24.09% | -13.42% | 9.48% | -66.67% | -7.37% | 34.04% | -82.82% | 496.15% | -300.00% | 40.00% |
Igarashi Motors India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 15% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -4% |
| 3 Years: | 173% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 5% |
Last Updated: September 5, 2025, 6:50 am
Balance Sheet
Last Updated: November 9, 2025, 2:13 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 189 | 220 | 264 | 335 | 368 | 398 | 391 | 408 | 407 | 408 | 416 | 434 | 433 |
| Borrowings | 51 | 58 | 44 | 22 | 140 | 118 | 124 | 95 | 100 | 121 | 138 | 151 | 143 |
| Other Liabilities | 89 | 132 | 133 | 117 | 266 | 122 | 126 | 165 | 138 | 166 | 189 | 158 | 194 |
| Total Liabilities | 360 | 440 | 471 | 504 | 805 | 670 | 673 | 700 | 677 | 726 | 774 | 775 | 802 |
| Fixed Assets | 126 | 121 | 138 | 158 | 320 | 383 | 394 | 370 | 378 | 379 | 366 | 391 | 391 |
| CWIP | 1 | 1 | 12 | 3 | 44 | 23 | 11 | 10 | 11 | 13 | 35 | 43 | 61 |
| Investments | 21 | 26 | 34 | 174 | 50 | 34 | 28 | 1 | 21 | 17 | 16 | 17 | 1 |
| Other Assets | 212 | 292 | 288 | 169 | 391 | 231 | 240 | 320 | 267 | 318 | 357 | 323 | 349 |
| Total Assets | 360 | 440 | 471 | 504 | 805 | 670 | 673 | 700 | 677 | 726 | 774 | 775 | 802 |
Below is a detailed analysis of the balance sheet data for Igarashi Motors India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 31.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 31.00 Cr..
- For Reserves, as of Sep 2025, the value is 433.00 Cr.. The value appears to be declining and may need further review. It has decreased from 434.00 Cr. (Mar 2025) to 433.00 Cr., marking a decrease of 1.00 Cr..
- For Borrowings, as of Sep 2025, the value is 143.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 151.00 Cr. (Mar 2025) to 143.00 Cr., marking a decrease of 8.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 194.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 158.00 Cr. (Mar 2025) to 194.00 Cr., marking an increase of 36.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 802.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 775.00 Cr. (Mar 2025) to 802.00 Cr., marking an increase of 27.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 391.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 391.00 Cr..
- For CWIP, as of Sep 2025, the value is 61.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Mar 2025) to 61.00 Cr., marking an increase of 18.00 Cr..
- For Investments, as of Sep 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 16.00 Cr..
- For Other Assets, as of Sep 2025, the value is 349.00 Cr.. The value appears strong and on an upward trend. It has increased from 323.00 Cr. (Mar 2025) to 349.00 Cr., marking an increase of 26.00 Cr..
- For Total Assets, as of Sep 2025, the value is 802.00 Cr.. The value appears strong and on an upward trend. It has increased from 775.00 Cr. (Mar 2025) to 802.00 Cr., marking an increase of 27.00 Cr..
Notably, the Reserves (433.00 Cr.) exceed the Borrowings (143.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 18.00 | 22.00 | 64.00 | 100.00 | 18.00 | -1.00 | -46.00 | -21.00 | -53.00 | -60.00 | -63.00 | -55.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 74 | 70 | 73 | 92 | 85 | 94 | 114 | 88 | 98 | 104 | 76 |
| Inventory Days | 38 | 51 | 47 | 54 | 62 | 67 | 89 | 115 | 81 | 91 | 86 | 75 |
| Days Payable | 67 | 105 | 94 | 110 | 92 | 87 | 113 | 139 | 92 | 95 | 103 | 74 |
| Cash Conversion Cycle | 42 | 20 | 24 | 17 | 61 | 66 | 69 | 91 | 77 | 94 | 87 | 76 |
| Working Capital Days | 76 | 56 | 12 | 26 | -40 | 23 | 20 | 53 | 43 | 41 | 40 | 19 |
| ROCE % | 27% | 27% | 32% | 32% | 33% | 19% | 9% | 7% | 2% | 4% | 5% | 8% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Quant Value Fund | 170,591 | 1.31 | 10.01 | 170,591 | 2025-04-22 17:25:32 | 0% |
| Kotak Pioneer Fund | 125,000 | 0.41 | 7.34 | 125,000 | 2025-04-22 17:25:32 | 0% |
| Taurus Discovery (Midcap) Fund | 57,500 | 3.37 | 3.38 | 57,500 | 2025-04-22 17:25:32 | 0% |
| Taurus Infrastructure Fund | 2,800 | 2.48 | 0.16 | 2,800 | 2025-04-22 17:25:32 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 7.68 | 3.04 | 1.66 | 0.38 | 8.14 |
| Diluted EPS (Rs.) | 7.68 | 3.04 | 1.66 | 0.38 | 8.14 |
| Cash EPS (Rs.) | 24.05 | 18.64 | 16.65 | 14.51 | 22.34 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 147.91 | 142.01 | 139.65 | 139.25 | 139.58 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 147.91 | 142.01 | 139.65 | 139.25 | 139.58 |
| Dividend / Share (Rs.) | 2.50 | 1.00 | 1.00 | 0.00 | 1.50 |
| Revenue From Operations / Share (Rs.) | 266.38 | 230.35 | 208.50 | 176.78 | 169.30 |
| PBDIT / Share (Rs.) | 30.95 | 24.05 | 21.73 | 16.95 | 26.47 |
| PBIT / Share (Rs.) | 14.58 | 8.46 | 6.75 | 2.82 | 12.27 |
| PBT / Share (Rs.) | 10.33 | 4.41 | 2.89 | 0.73 | 10.31 |
| Net Profit / Share (Rs.) | 7.68 | 3.04 | 1.66 | 0.37 | 8.14 |
| PBDIT Margin (%) | 11.62 | 10.44 | 10.42 | 9.58 | 15.63 |
| PBIT Margin (%) | 5.47 | 3.67 | 3.23 | 1.59 | 7.25 |
| PBT Margin (%) | 3.87 | 1.91 | 1.38 | 0.41 | 6.08 |
| Net Profit Margin (%) | 2.88 | 1.32 | 0.79 | 0.21 | 4.80 |
| Return on Networth / Equity (%) | 5.19 | 2.14 | 1.19 | 0.27 | 5.83 |
| Return on Capital Employeed (%) | 8.99 | 5.24 | 4.30 | 1.78 | 8.06 |
| Return On Assets (%) | 3.11 | 1.23 | 0.72 | 0.17 | 3.66 |
| Long Term Debt / Equity (X) | 0.02 | 0.04 | 0.01 | 0.04 | 0.04 |
| Total Debt / Equity (X) | 0.27 | 0.25 | 0.20 | 0.18 | 0.19 |
| Asset Turnover Ratio (%) | 1.08 | 0.96 | 0.93 | 0.80 | 0.77 |
| Current Ratio (X) | 1.24 | 1.37 | 1.41 | 1.51 | 1.42 |
| Quick Ratio (X) | 0.81 | 0.94 | 0.94 | 1.06 | 0.95 |
| Inventory Turnover Ratio (X) | 7.48 | 4.37 | 4.68 | 3.96 | 3.60 |
| Dividend Payout Ratio (NP) (%) | 13.02 | 32.87 | 0.00 | 0.00 | 14.74 |
| Dividend Payout Ratio (CP) (%) | 4.15 | 5.36 | 0.00 | 0.00 | 5.37 |
| Earning Retention Ratio (%) | 86.98 | 67.13 | 0.00 | 0.00 | 85.26 |
| Cash Earning Retention Ratio (%) | 95.85 | 94.64 | 0.00 | 0.00 | 94.63 |
| Interest Coverage Ratio (X) | 7.28 | 5.94 | 5.63 | 8.14 | 13.47 |
| Interest Coverage Ratio (Post Tax) (X) | 2.81 | 1.75 | 1.43 | 1.18 | 5.14 |
| Enterprise Value (Cr.) | 1681.46 | 1399.67 | 1182.18 | 1203.58 | 946.83 |
| EV / Net Operating Revenue (X) | 2.01 | 1.93 | 1.80 | 2.16 | 1.78 |
| EV / EBITDA (X) | 17.26 | 18.49 | 17.28 | 22.57 | 11.36 |
| MarketCap / Net Operating Revenue (X) | 1.86 | 1.78 | 1.67 | 2.03 | 1.64 |
| Retention Ratios (%) | 86.97 | 67.12 | 0.00 | 0.00 | 85.25 |
| Price / BV (X) | 3.34 | 2.89 | 2.49 | 2.58 | 1.99 |
| Price / Net Operating Revenue (X) | 1.86 | 1.78 | 1.67 | 2.03 | 1.64 |
| EarningsYield | 0.01 | 0.01 | 0.00 | 0.00 | 0.02 |
After reviewing the key financial ratios for Igarashi Motors India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 7.68. This value is within the healthy range. It has increased from 3.04 (Mar 24) to 7.68, marking an increase of 4.64.
- For Diluted EPS (Rs.), as of Mar 25, the value is 7.68. This value is within the healthy range. It has increased from 3.04 (Mar 24) to 7.68, marking an increase of 4.64.
- For Cash EPS (Rs.), as of Mar 25, the value is 24.05. This value is within the healthy range. It has increased from 18.64 (Mar 24) to 24.05, marking an increase of 5.41.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 147.91. It has increased from 142.01 (Mar 24) to 147.91, marking an increase of 5.90.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 147.91. It has increased from 142.01 (Mar 24) to 147.91, marking an increase of 5.90.
- For Dividend / Share (Rs.), as of Mar 25, the value is 2.50. This value is within the healthy range. It has increased from 1.00 (Mar 24) to 2.50, marking an increase of 1.50.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 266.38. It has increased from 230.35 (Mar 24) to 266.38, marking an increase of 36.03.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 30.95. This value is within the healthy range. It has increased from 24.05 (Mar 24) to 30.95, marking an increase of 6.90.
- For PBIT / Share (Rs.), as of Mar 25, the value is 14.58. This value is within the healthy range. It has increased from 8.46 (Mar 24) to 14.58, marking an increase of 6.12.
- For PBT / Share (Rs.), as of Mar 25, the value is 10.33. This value is within the healthy range. It has increased from 4.41 (Mar 24) to 10.33, marking an increase of 5.92.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 7.68. This value is within the healthy range. It has increased from 3.04 (Mar 24) to 7.68, marking an increase of 4.64.
- For PBDIT Margin (%), as of Mar 25, the value is 11.62. This value is within the healthy range. It has increased from 10.44 (Mar 24) to 11.62, marking an increase of 1.18.
- For PBIT Margin (%), as of Mar 25, the value is 5.47. This value is below the healthy minimum of 10. It has increased from 3.67 (Mar 24) to 5.47, marking an increase of 1.80.
- For PBT Margin (%), as of Mar 25, the value is 3.87. This value is below the healthy minimum of 10. It has increased from 1.91 (Mar 24) to 3.87, marking an increase of 1.96.
- For Net Profit Margin (%), as of Mar 25, the value is 2.88. This value is below the healthy minimum of 5. It has increased from 1.32 (Mar 24) to 2.88, marking an increase of 1.56.
- For Return on Networth / Equity (%), as of Mar 25, the value is 5.19. This value is below the healthy minimum of 15. It has increased from 2.14 (Mar 24) to 5.19, marking an increase of 3.05.
- For Return on Capital Employeed (%), as of Mar 25, the value is 8.99. This value is below the healthy minimum of 10. It has increased from 5.24 (Mar 24) to 8.99, marking an increase of 3.75.
- For Return On Assets (%), as of Mar 25, the value is 3.11. This value is below the healthy minimum of 5. It has increased from 1.23 (Mar 24) to 3.11, marking an increase of 1.88.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. It has decreased from 0.04 (Mar 24) to 0.02, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.27. This value is within the healthy range. It has increased from 0.25 (Mar 24) to 0.27, marking an increase of 0.02.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.08. It has increased from 0.96 (Mar 24) to 1.08, marking an increase of 0.12.
- For Current Ratio (X), as of Mar 25, the value is 1.24. This value is below the healthy minimum of 1.5. It has decreased from 1.37 (Mar 24) to 1.24, marking a decrease of 0.13.
- For Quick Ratio (X), as of Mar 25, the value is 0.81. This value is below the healthy minimum of 1. It has decreased from 0.94 (Mar 24) to 0.81, marking a decrease of 0.13.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 7.48. This value is within the healthy range. It has increased from 4.37 (Mar 24) to 7.48, marking an increase of 3.11.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 13.02. This value is below the healthy minimum of 20. It has decreased from 32.87 (Mar 24) to 13.02, marking a decrease of 19.85.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 4.15. This value is below the healthy minimum of 20. It has decreased from 5.36 (Mar 24) to 4.15, marking a decrease of 1.21.
- For Earning Retention Ratio (%), as of Mar 25, the value is 86.98. This value exceeds the healthy maximum of 70. It has increased from 67.13 (Mar 24) to 86.98, marking an increase of 19.85.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 95.85. This value exceeds the healthy maximum of 70. It has increased from 94.64 (Mar 24) to 95.85, marking an increase of 1.21.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7.28. This value is within the healthy range. It has increased from 5.94 (Mar 24) to 7.28, marking an increase of 1.34.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.81. This value is below the healthy minimum of 3. It has increased from 1.75 (Mar 24) to 2.81, marking an increase of 1.06.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,681.46. It has increased from 1,399.67 (Mar 24) to 1,681.46, marking an increase of 281.79.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.01. This value is within the healthy range. It has increased from 1.93 (Mar 24) to 2.01, marking an increase of 0.08.
- For EV / EBITDA (X), as of Mar 25, the value is 17.26. This value exceeds the healthy maximum of 15. It has decreased from 18.49 (Mar 24) to 17.26, marking a decrease of 1.23.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.86. This value is within the healthy range. It has increased from 1.78 (Mar 24) to 1.86, marking an increase of 0.08.
- For Retention Ratios (%), as of Mar 25, the value is 86.97. This value exceeds the healthy maximum of 70. It has increased from 67.12 (Mar 24) to 86.97, marking an increase of 19.85.
- For Price / BV (X), as of Mar 25, the value is 3.34. This value exceeds the healthy maximum of 3. It has increased from 2.89 (Mar 24) to 3.34, marking an increase of 0.45.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.86. This value is within the healthy range. It has increased from 1.78 (Mar 24) to 1.86, marking an increase of 0.08.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Igarashi Motors India Ltd:
- Net Profit Margin: 2.88%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 8.99% (Industry Average ROCE: 16.67%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 5.19% (Industry Average ROE: 16.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.81
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.81
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 102 (Industry average Stock P/E: 118.56)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.27
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.88%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electric Equipment - General | Plots No. B-12 To B-15, Chennai (Madras) Tamil Nadu 600045 | investorservices@igarashimotors.co.in http://www.igarashimotors.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. K K Nohria | Chairman Emeritus |
| Mr. Hemant M Nerurkar | Chairman, Non Ind & Non Exe Director |
| Mr. R Chandrasekaran | Managing Director |
| Mr. Thomas Francis McKeough | Non Exe.Non Ind.Director |
| Mr. Haruo Igarashi | Non Exe.Non Ind.Director |
| Mr. L Ramkumar | Ind. Non-Executive Director |
| Mrs. S M Vinodhini | Ind. Non-Executive Woman Director |
FAQ
What is the intrinsic value of Igarashi Motors India Ltd?
Igarashi Motors India Ltd's intrinsic value (as of 09 November 2025) is 643.33 which is 30.49% higher the current market price of 493.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,551 Cr. market cap, FY2025-2026 high/low of 849/401, reserves of ₹434 Cr, and liabilities of 775 Cr.
What is the Market Cap of Igarashi Motors India Ltd?
The Market Cap of Igarashi Motors India Ltd is 1,551 Cr..
What is the current Stock Price of Igarashi Motors India Ltd as on 09 November 2025?
The current stock price of Igarashi Motors India Ltd as on 09 November 2025 is 493.
What is the High / Low of Igarashi Motors India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Igarashi Motors India Ltd stocks is 849/401.
What is the Stock P/E of Igarashi Motors India Ltd?
The Stock P/E of Igarashi Motors India Ltd is 102.
What is the Book Value of Igarashi Motors India Ltd?
The Book Value of Igarashi Motors India Ltd is 148.
What is the Dividend Yield of Igarashi Motors India Ltd?
The Dividend Yield of Igarashi Motors India Ltd is 0.51 %.
What is the ROCE of Igarashi Motors India Ltd?
The ROCE of Igarashi Motors India Ltd is 7.73 %.
What is the ROE of Igarashi Motors India Ltd?
The ROE of Igarashi Motors India Ltd is 5.30 %.
What is the Face Value of Igarashi Motors India Ltd?
The Face Value of Igarashi Motors India Ltd is 10.0.
