Don’t Trade in the Dark—Get Your Pre-Market Report Every Day.Join Now
Consumer Durables | Small Cap
Health Score : 6.31Indo National Ltd, operating in the FMCG sector, demonstrates a mixed financial performance. The company shows impressive solvency and coverage ratios, indicating a strong ability to meet its long-term obligations and cover its interest and dividend payments. Growth ratios are also notable, driven by substantial increases in EPS, asset base and net income. The financial ratios reflect positive earnings per share and a healthy dividend payout. However, the company's liquidity is concerning, with very low current, quick, and cash ratios suggesting potential difficulties in meeting short-term obligations. Efficiency ratios are also weak, reflecting challenges in asset utilization. Profitability metrics are highly variable, with some strengths in ROCE, ROE and Net Margin but weaknesses in gross profit margin and return on assets. Overall, Indo National exhibits strengths in long-term financial health and earnings, but faces significant challenges in short-term liquidity and operational efficiency.
Health Score : 6.31Indo National Ltd, operating in the FMCG sector, demonstrates a mixed financial performance. The company shows impressive solvency and coverage ratios, indicating a strong ability to meet its long-term obligations and cover its interest and dividend payments. Growth ratios are also notable, driven by substantial increases in EPS, asset base and net income. The financial ratios reflect positive earnings per share and a healthy dividend payout. However, the company's liquidity is concerning, with very low current, quick, and cash ratios suggesting potential difficulties in meeting short-term obligations. Efficiency ratios are also weak, reflecting challenges in asset utilization. Profitability metrics are highly variable, with some strengths in ROCE, ROE and Net Margin but weaknesses in gross profit margin and return on assets. Overall, Indo National exhibits strengths in long-term financial health and earnings, but faces significant challenges in short-term liquidity and operational efficiency.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
-23.67
Industry Median
33.44
Small Cap Median
33.44
P/E RATIO
-9.34
P/B RATIO
0.81
Industry Median
1.18
Small Cap Median
1.18
P/S RATIO
0.54
Industry Median
1.62
Small Cap Median
1.62
Others
PEG RATIO
0.00
EV/EBITDA RATIO
-23.98
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹328.05 as on Sep 1, 2026.
Growth Score : 6.80The company exhibits strong growth, driven primarily by substantial increases in EPS, asset base, and net income. However, this is tempered by declines in revenue and operating profit growth. While the company is expanding its assets and improving earnings, it faces challenges in top-line growth and operational efficiency.
Revenue Growth RatePoorOperating Profit Growth RatePoorEarnings Per Share (EPS) GrowthExcellentAsset Growth RateExcellentNet Income Growth RateExcellent| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 7.14 | 0.35 | 12.06 | -27.15 | -3.21 |
| Operating Profit Growth Rate | -54.39 | -42.31 | 173.33 | -153.66 | 18.18 |
| Earnings Per Share (EPS) Growth | -73.86 | -171.67 | 269.04 | 1186.13 | -121.28 |
| Asset Growth Rate | -0.39 | 0.78 | 16.31 | 20.37 | -40.22 |
| Net Income Growth Rate | -60.61 | -161.54 | 287.5 | 713.33 | -122.13 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Sonam Ltd | 6.45 | 38.57 | Neutral | 14.00 | 1.83 | 7.00 |
| 2 | Indo National Ltd | 6.31 | -9.34 | Neutral | -18.00 | -13.86 | -27.00 |
| 3 | Interiors & More Ltd | 5.59 | 16.12 | Neutral | 21.00 | 8.25 | 14.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
No Stock Reports Available at This Moment.
No Stock News Available at This Moment.
Indo National Ltd, known by its 'Nippo' brand, is a leading Indian manufacturer and marketer of dry cell batteries, flashlights, and LED lighting solutions. With an extensive distribution network across India, the company holds a significant market share in the household energy products segment.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Indo National Ltd's P/E ratio (TTM) is -23.67, compared to the industry median of 33.44 and large cap median of 33.44.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Indo National Ltd's P/B ratio is 0.81, compared to the industry median of 1.18 and large cap median of 1.18.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Indo National Ltd's P/S ratio is 0.54, compared to the industry median of 1.62 and large cap median of 1.62.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Indo National Ltd's PEG ratio is 1.35.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Indo National Ltd's EV/EBITDA ratio is -23.98.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Indo National Ltd's ROE is -8.91%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Indo National Ltd's ROA is -4.18%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Indo National Ltd's ROCE is -5%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Indo National Ltd's operating margin is -3.98%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Indo National Ltd's net margin is -5.97%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Indo National Ltd's current ratio is 1.51.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Indo National Ltd's debt-to-equity ratio is 0.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Indo National Ltd's interest coverage ratio is -7.67.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Indo National Ltd's DPS is ₹3.86.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Indo National Ltd's EPS is -121.28.
(Source line: "Ratios as of 23 Oct 2026, based on last traded price of ₹328.05. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1972
Headquarters: Chennai, Tamil Nadu
Core Offerings: Dry Cell Batteries, LED Flashlights, Electrical Accessories, LED Lighting
Stock Listing: NSE (NIPPOBATRY), BSE (504058)
Promoter: J.P. Chinoy Group
Indo National Limited was incorporated in 1972. The company established itself as a prominent player in the dry cell battery market under the 'Nippo' brand, leveraging technical collaboration with Matsushita Electric Industrial Co. Ltd., Japan (now Panasonic Corporation). Over the decades, it expanded its product portfolio to include flashlights, electrical accessories, and LED lighting, maintaining a strong presence across India through its vast distribution network.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Batteries & Lighting Products | N/A | Operating Profit |
Batteries: Manufacturing and distribution of a comprehensive range of dry cell batteries (AA, AAA, C, D, 9V) under the widely recognized 'Nippo' brand, catering to diverse consumer and industrial applications.
Flashlights & Lighting: Production and sale of LED flashlights for various consumer needs, alongside a growing portfolio of LED lighting products including bulbs, panels, and downlighters.
Electrical Accessories: Presence in the electrical accessories market, offering essential products like switches, sockets, and other wiring accessories.
C.J. Shah – Chairman and Managing Director. A seasoned industry veteran, Mr. Shah has been instrumental in guiding Indo National's strategic direction and solidifying its market leadership in batteries and lighting products.
No major subsidiaries reported.
Notable corporate actions include a 1:1 bonus issue and a stock split from a face value of ₹10 to ₹2 per share, both effected in 2021.
The Indo National Ltd share price today is ₹328.05 on NSE (NIPPOBATRY), as of 23 Oct 2026.
As of 23 Oct 2026, Indo National Ltd share price is ₹328.05, with previous close ₹328.05. Today's range is ₹328.05 to ₹328.05. The 52-week range is ₹N/A to ₹N/A.
As of today, Indo National Ltd's market cap is ₹246.04 crore (Small Cap).
Indo National Ltd's current P/E ratio is -23.67, compared to the CONSUMER DURABLES sector average of 58.
Indo National Ltd's current P/B ratio is 0.81.
Indo National Ltd's current dividend yield is 1.18%. Last dividend of ₹5.00 per share was declared on 29-May-2024.
Indo National Ltd's EPS (TTM) is ₹-121.28.
Indo National Ltd, known by its 'Nippo' brand, is a leading Indian manufacturer and marketer of dry cell batteries, flashlights, and LED lighting solutions. With an extensive distribution network across India, the company holds a significant market share in the household energy products segment.
Indo National Ltd is promoted by J.P. Chinoy Group, holding 65.35% as of 23 Oct 2026.
Indo National Ltd is listed on NSE (NIPPOBATRY) and BSE (504058). Its next quarterly results are expected on August 2024.
Receivables Turnover Ratio