Igarashi Motors India Ltd Stock Price Today (NSE: IGARASHI)

Igarashi Motors India Ltd

378.75+4.30 (+1.15%)
Market Closed

Fundamental Score

...

Igarashi Motors India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Igarashi Motors India Ltd share price today is 378.75, up +1.15% on NSE/BSE as of 18 June 2026. Igarashi Motors India Ltd (IGARASHI) is a Small-cap company in the Auto Components & Equipments sector with a market capitalisation of 1.45K (Cr). The 52-week high for IGARASHI share price is 665.00 and the 52-week low is 271.05. At a P/E ratio of 94.66x, IGARASHI is currently trading above its industry average P/E of 30.45x. The company has a Return on Equity (ROE) of 5.30% and a debt-to-equity ratio of 0.31.

Igarashi Motors India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
442.30
Low
374.05
Volume
1.3L
Change
-2.10%

Igarashi Motors India Ltd share price chart: -2.10% return over the past month. 52-week high ₹665.00, 52-week low ₹271.05.

Igarashi Motors India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
373.30379.90370.00378.7528.40K (Cr)
374.00383.95371.10374.4558.75K (Cr)
383.90389.00370.10374.2545.37K (Cr)
382.80382.80382.80382.800.00 (Cr)
385.60397.85380.10382.8043.60K (Cr)
388.15392.00382.10385.6063.80K (Cr)
386.30394.60385.10388.7530.21K (Cr)
384.90393.75376.35384.8085.22K (Cr)
405.00407.05374.05384.905.64L (Cr)
395.00409.00391.55400.5575.68K (Cr)

Igarashi Motors India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
374.00383.95370.00378.75+1.27%
387.30442.30370.10374.25-3.37%
287.50396.00281.00387.30+34.71%
336.00353.70271.05273.45-18.62%
393.10428.00354.00359.40-8.57%
436.00495.00354.30399.25-8.43%
474.70477.00414.00435.95-8.16%
503.00534.00421.00473.30-5.90%
500.00558.00495.85504.60+0.92%
483.05548.00470.15499.20+3.34%
573.40665.00470.45478.75-16.51%
488.00645.00484.20573.40+17.50%

AI Research Briefing

Powered by Gemini · 2026-04-08

Overvalued micro-cap EV play with deteriorating financials; avoid until earnings justify the valuation.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEBreakdown - 1M: -8.55%, 3M: -3.36%, 6M: -6.2%Expensive - P/E of 94.66x vs industry P/E of 30.45x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Igarashi Motors' promoter, Agile Electric Sub Assembly Private Limited, holding 54.46% of equity, confirmed on April 2, 2026, that its stake remains unencumbered for FY26. This disclosure assures investors of stable governance and reduces financing risk perceptions. Igarashi Motors announced Q3FY26 results with revenue at , a 3% increase YoY. However, PBT decreased by -41% to and PAT decreased by -32% to

CORE STORY (THE REAL GAME)

Igarashi is being priced as a beneficiary of the increasing EV penetration in India, specifically as a supplier of micro-motors. The market is betting on increased localization and government support to drive growth and profitability.

Why Now
  • EV sector growth in India
  • Government support for EV manufacturing
  • Promoter stake remains unencumbered
Potential Catalysts
  • Significant order wins in the EV segment
  • Successful localization efforts leading to margin expansion
  • Industry consolidation making it a takeover target
Key Risks
  • Micro-cap liquidity risk
  • High valuation relative to peers
  • Declining profitability and negative profit CAGR
Institutional Activity

FII decreased their holding by 0.82%, indicating a potential lack of confidence from foreign investors.

Macro Context

The Indian auto component industry is expected to grow, driven by domestic demand and increasing exports.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹61.92 Cr

3–6 Month Outlook

Igarashi needs to demonstrate significant earnings growth to justify its valuation. Monitor order wins, localization efforts, and profitability trends over the next 3-6 months.

Primary Thesis Risk

Inability to translate EV tailwinds into tangible earnings growth will lead to a valuation collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

5.30%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

7.73%

Returns generated on total capital deployed

Average

Oper. Profit Margin (5Y Avg)

10.66%

Average operating profit margin over 5 years

Dividend Yield

0.54%

Annual dividend as % of current share price

Igarashi Motors India Ltd Valuation Check

Poor

Price to Earnings (P/E)

94.66x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

75.00%

% shares held by company founders/management

Poor

FII Holding

0.12%

% shares held by foreign institutional investors

Poor

DII Holding

2.21%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-41.72%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

1.42%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

9.43%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-4.17%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-4.17%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.31x

Total debt ÷ equity. Below 0.5 = financially healthy

Average

Interest Coverage Ratio

2.61x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

61.92 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Igarashi Motors India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of IGARASHI across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Strong Cash Generation (₹61.92 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (75.00%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (5.30%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (7.73%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 94.66x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-41.72%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Weak Earnings Growth (-4.17% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-4.17% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Limited Institutional Interest (FII+DII: 2.33%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Igarashi Motors India Ltd vs Auto Components & Equipments Peers

Peer Comparison - Auto Components & Equipments

Compare Igarashi Motors India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
25.1/100
379
₹1445.39
94.7
Average
5.30%
Poor
7.73%
Poor
0.3
Excellent
-4.17%
Poor
9.43%
Good
0.54%
49.6/100
142
₹123022.60
36.7
Average
12.16%
Average
13.66%
Average
0.5
Good
26.02%
Excellent
13.36%
Good
0.49%
Bosch Ltd...
BOSCHLTD500530
59.2/100
36035
₹107230.02
47.2
Average
15.55%
Good
21.11%
Excellent
0.0
Excellent
12.76%
Good
12.94%
Good
1.41%
63.8/100
1131
₹75603.39
69.1
Average
17.50%
Good
18.83%
Good
0.5
Excellent
40.73%
Excellent
21.94%
Excellent
0.17%
53.9/100
1939
₹68512.49
63.4
Average
11.58%
Average
12.18%
Average
0.7
Good
20.51%
Excellent
13.42%
Good
0.59%
60.59999999999999/100
4158
₹61077.21
54.6
Average
19.17%
Good
25.67%
Excellent
0.0
Excellent
21.59%
Excellent
13.12%
Good
0.72%
56/100
3211
₹54217.79
86.5
Average
12.77%
Average
21.80%
Excellent
0.1
Excellent
16.40%
Excellent
32.59%
Excellent
0.13%
54.5/100
2750
₹37843.42
43.3
Average
14.63%
Average
17.26%
Good
0.2
Excellent
7.19%
Good
10.83%
Good
0.37%
22.2/100
394
₹32308.44
41.0
Average
5.74%
Poor
8.65%
Poor
0.1
Excellent
-0.45%
Poor
3.56%
Average
0.53%
60.3/100
619
₹31642.42
50.5
Average
14.37%
Average
17.82%
Good
0.0
Excellent
31.47%
Excellent
27.85%
Excellent
0.63%
46.2/100
40
₹30929.79
50.4
Average
35.90%
Excellent
42.53%
Excellent
0.1
Excellent
1.21%

Igarashi Motors India Ltd PE Ratio History

Historical price-to-earnings ratio for IGARASHI — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20257.68₹435.9556.8x
FY 20243.04₹715.35235.3x
FY 20231.66₹518.90312.6x
FY 20220.38₹404.051063.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Igarashi Motors India Ltd Dividend History

Annual cash dividends paid by IGARASHI — dividend yield 0.54%

Financial YearDividends Paid (₹ Cr)
FY 20253.15 Cr
FY 20243.15 Cr
FY 20224.73 Cr
FY 20213.75 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Igarashi Motors India Ltd Quarterly Performance

Latest quarterly metrics for IGARASHI — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

1.42%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-41.72%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

9.43%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-4.17%

Compounded annual net profit growth over 5 years

Igarashi Motors India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for IGARASHI — calculated from daily price history

44RSI 14
Neutral — RSI 44

Momentum is balanced — neither overbought nor oversold.

SMA 50
354
▲ Price above SMA 50 — Short-term bullish
SMA 200
429
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
144K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Igarashi Motors India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Igarashi Motors India Ltd (IGARASHI) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Igarashi Motors India Ltd

About IGARASHI (Igarashi Motors India Ltd)

Igarashi Motors India Ltd is a pivotal player in the auto components and equipment landscape, specializing in the design, development, and production of precision-engineered electr...ic micro motors. These compact yet powerful motors serve as critical components within a vast array of automotive applications, from advanced driver-assistance systems (ADAS) and power windows to sophisticated engine management systems. The company's reputation is built on delivering high-performance, durable, and reliable solutions that meet the ever-evolving demands of the global automotive industry. Igarashi Motors India caters to a diverse clientele, ranging from leading original equipment manufacturers (OEMs) to Tier-1 suppliers, establishing itself as a trusted partner in the automotive supply chain. Igarashi Motors India's core competence lies in its ability to seamlessly integrate innovation, quality, and cost-effectiveness. This is reflected in its rigorous manufacturing processes, state-of-the-art technology, and a dedicated team of engineers and technicians. They maintain a sharp focus on research and development, enabling them to anticipate and address the emerging needs of the automotive market, particularly concerning electrification, autonomous driving, and enhanced vehicle comfort. The company's motors are designed to optimize performance, minimize energy consumption, and contribute to overall vehicle efficiency, aligning with the industry's growing emphasis on sustainability. Beyond automotive applications, Igarashi Motors India also extends its reach into select non-automotive sectors, leveraging its expertise in micro motor technology. The firm provides solutions for various applications requiring precision and compact motor integration, expanding its market presence and diversifying its revenue streams. Their dedication to customer satisfaction and commitment to continuous improvement underpin its business philosophy. Through a combination of technological prowess, strategic partnerships, and a customer-centric approach, Igarashi Motors India is poised to maintain its position as a key contributor to the auto components and equipment industry.

Company Details

Symbol:IGARASHI
Industry:Auto Components & Equipments
Sector:Auto Components & Equipments

Key Leadership

Mr. Rajagopalan Chandrasekaran
MD & Director
Mr. S. VivekChandranath
Chief Financial Officer
Mr. P. Govindaraju
Chief Operating Officer

Corporate Events

Recent
Ex-Dividend Date

IGARASHI Share Price: Frequently Asked Questions

What is the current share price of Igarashi Motors India Ltd?

Igarashi Motors India Ltd (IGARASHI) trades at ₹378.75 on NSE and BSE. Market cap ₹1.45K (Cr). Educational data only.

What is the P/E ratio of Igarashi Motors India Ltd?

Igarashi Motors India Ltd has a P/E of 94.66x vs industry average 30.45x.

What is the Bull Run score for Igarashi Motors India Ltd?

Igarashi Motors India Ltd has a Bull Run score of 25.1/100 based on 25+ financial parameters.

Does Igarashi Motors India Ltd pay dividends?

Igarashi Motors India Ltd has a dividend yield of 0.54%. Past dividends don't guarantee future payments.

What is the ROE of Igarashi Motors India Ltd?

Igarashi Motors India Ltd has ROE of 5.30%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Igarashi Motors India Ltd?

Igarashi Motors India Ltd has debt-to-equity of 0.31.

Is Igarashi Motors India Ltd a good investment?

Bull Run gives Igarashi Motors India Ltd a score of 25.1/100. This is not investment advice — consult a SEBI-registered advisor.