Indo National Ltd Stock Price Today (NSE: NIPPOBATRY)
Fundamental Score
Indo National Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Indo National Ltd share price today is ₹369.45, up +2.93% on NSE/BSE as of 17 June 2026. Indo National Ltd (NIPPOBATRY) is a Small-cap company in the Household Products sector with a market capitalisation of ₹318.25 (Cr). The 52-week high for NIPPOBATRY share price is ₹508.85 and the 52-week low is ₹257.00. The company has a Return on Equity (ROE) of 36.70% and a debt-to-equity ratio of 0.10.
Indo National Ltd Share Price Chart — NSE/BSE Historical Performance
Indo National Ltd share price chart: 12.11% return over the past month. 52-week high ₹508.85, 52-week low ₹257.00.
Indo National Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹357.75 | ₹375.00 | ₹347.05 | ₹367.85 | 5.85K (Cr) | |
| ₹369.90 | ₹371.45 | ₹354.05 | ₹357.75 | 3.70K (Cr) | |
| ₹365.00 | ₹372.00 | ₹357.00 | ₹369.20 | 6.02K (Cr) | |
| ₹374.50 | ₹374.50 | ₹356.75 | ₹362.90 | 9.00K (Cr) | |
| ₹374.00 | ₹375.05 | ₹360.00 | ₹366.05 | 6.84K (Cr) | |
| ₹350.00 | ₹369.00 | ₹350.00 | ₹363.35 | 7.29K (Cr) | |
| ₹359.00 | ₹359.00 | ₹347.55 | ₹352.80 | 2.25K (Cr) | |
| ₹340.00 | ₹365.80 | ₹338.25 | ₹355.95 | 23.98K (Cr) | |
| ₹333.00 | ₹338.45 | ₹321.00 | ₹331.30 | 9.65K (Cr) | |
| ₹340.00 | ₹352.30 | ₹330.25 | ₹334.45 | 14.56K (Cr) |
Indo National Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹369.90 | ₹375.00 | ₹347.05 | ₹367.85 | -0.55% | |
| ₹345.00 | ₹469.00 | ₹321.00 | ₹369.20 | +7.01% | |
| ₹294.80 | ₹364.00 | ₹266.05 | ₹333.60 | +13.16% | |
| ₹335.10 | ₹335.10 | ₹257.00 | ₹259.25 | -22.64% | |
| ₹387.75 | ₹397.70 | ₹331.05 | ₹336.45 | -13.23% | |
| ₹413.90 | ₹417.90 | ₹370.00 | ₹372.95 | -9.89% | |
| ₹419.90 | ₹432.00 | ₹400.00 | ₹407.10 | -3.05% | |
| ₹451.50 | ₹452.00 | ₹410.00 | ₹428.85 | -5.02% | |
| ₹459.90 | ₹465.00 | ₹435.60 | ₹441.60 | -3.98% | |
| ₹462.50 | ₹505.90 | ₹440.00 | ₹448.45 | -3.04% | |
| ₹460.10 | ₹494.00 | ₹453.95 | ₹462.45 | +0.51% | |
| ₹463.75 | ₹497.20 | ₹436.70 | ₹458.35 | -1.16% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Micro-cap Nippo's turnaround hinges on diversification, but recent losses and raw material risks make it a falling knife.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Indo National revised its financials on March 23, 2026, due to a Cr omission in investments, impacting assets, equity, and cash flow for the quarter and half year ending September 30, 2025. The company's Q3 FY26 results (reported in Feb 2026) showed a consolidated net loss of Revenue for the quarter stood at Cr, a decrease of 11.97% YoY.
CORE STORY (THE REAL GAME)
Nippo is a play on the unorganized to organized shift in the Indian battery and small appliance market, complicated by its micro-cap status and recent losses.
- Recent quarterly losses indicate continued struggles
- Micro-cap status amplifies liquidity risk
- Raw material cost volatility threatens profitability
- Successful diversification into higher-margin products
- Significant reduction in raw material costs
- Strong growth in the digital business
- Micro/SME cap – liquidity risk
- Negative free cash flow of ₹-99.99 Cr
- Negative interest coverage of -4.19x
FII holdings decreased by 0.01%
Rising household incomes and easier access to consumer finance are tailwinds for the household products sector.
No - Free Cash Flow 5Y: ₹-99.99 Cr
Nippo needs to demonstrate consistent profitability and effective cost management to justify a turnaround. Watch for improvements in quarterly results and successful diversification efforts over the next 3-6 months.
Primary Thesis Risk
Inability to manage raw material costs and improve profitability will lead to further losses and potential collapse.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Indo National Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
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
Indo National Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NIPPOBATRY across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Strong Return on Equity (36.70%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (32.94%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Excellent EPS Growth (96.04% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (96.04% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.10)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Balanced Promoter Holding (65.35%)
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
6 factors identified
Margin Pressure Concerns (4.17%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Profit Decline Concern (-47.93%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-6.25%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Limited Growth History (-1.66% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Interest Coverage (-4.19x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-99.99 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Indo National Ltd vs Household Products Peers
Peer Comparison - Household Products
Compare Indo National Ltd with 9 other companies in the same sector
| 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 |
Indo National LtdIndo National L...Selected✓ NIPPOBATRY • 504058 | 35.8/100 | ₹369.45₹369 | ₹318.25₹318.25 | — — | 36.70%Excellent 36.70% Excellent | 32.94%Excellent 32.94% Excellent | 0.10Excellent 0.1 Excellent | 96.04%Excellent 96.04% Excellent | -1.66%Poor -1.66% Poor | 1.17% |
Jyothy Labs LtdJyothy Labs Ltd... JYOTHYLAB • 532926 | 56.6/100 | ₹208.60₹209 | ₹10842.15₹10842.15 | 30.84Average 30.8 Average | 29.02%Excellent 29.02% Excellent | 37.11%Excellent 37.11% Excellent | 0.04Excellent 0.0 Excellent | 18.03%Excellent 18.03% Excellent | 11.30%Good 11.30% Good | 1.18% |
Eveready Industries India LtdEveready Indust... EVEREADY • 531508 | 38/100 | ₹321.60₹322 | ₹2352.07₹2352.07 | 31.15Average 31.1 Average | 19.45%Good 19.45% Good | 16.94%Good 16.94% Good | 0.75Good 0.8 Good | 10.43%Good 10.43% Good | 1.94%Average 1.94% Average | 0.46% |
High Energy Batteries LtdHigh Energy Bat... HIGHENE • 504176 | 60.8/100 | ₹521.95₹522 | ₹518.51₹518.51 | 38.55Average 38.5 Average | 17.30%Good 17.30% Good | 22.95%Excellent 22.95% Excellent | 0.22Excellent 0.2 Excellent | 23.67%Excellent 23.67% Excellent | 5.67%Good 5.67% Good | 0.52% |
Panasonic Energy India Co LtdPanasonic Energ... PANAENERG • 504093 | 48.2/100 | ₹301.80₹302 | ₹247.95₹247.95 | 39.05Average 39.0 Average | 11.63%Average 11.63% Average | 17.59%Good 17.59% Good | 0.01Excellent 0.0 Excellent | 29.68%Excellent 29.68% Excellent | 5.69%Good 5.69% Good | 2.85% |
Yuvraaj Hygiene Products LtdYuvraaj Hygiene... YUVRAAJHPL • 531663 | 26.8/100 | ₹6.95₹7 | ₹108.79₹108.79 | 18.50Average 18.5 Average | — — | 103.66%Excellent 103.66% Excellent | 4.66Poor 4.7 Poor | 38.11%Excellent 38.11% Excellent | 30.65%Excellent 30.65% Excellent | 0.00% |
Pee Cee Cosma Sope LtdPee Cee Cosma S... PCCOSMA • 524136 | 62.7/100 | ₹322.90₹323 | ₹106.04₹106.04 | 13.19Average 13.2 Average | 19.47%Good 19.47% Good | 25.73%Excellent 25.73% Excellent | 0.09Excellent 0.1 Excellent | 32.85%Excellent 32.85% Excellent | 13.71%Good 13.71% Good | 0.75% |
Ambica Agarbathies Aroma & Industries LtdAmbica Agarbath... AMBICAAGAR • 532335 | 16/100 | ₹24.03₹24 | ₹45.69₹45.69 | 89.60Average 89.6 Average | 0.45%Poor 0.45% Poor | 7.49%Poor 7.49% Poor | 0.75Good 0.8 Good | -37.09%Poor -37.09% Poor | -5.89%Poor -5.89% Poor | 0.00% |
Hipolin LimitedHipolin Limited... HIPOLIN • 530853 | 21.7/100 | ₹90.95₹91 | ₹18.83₹18.83 | — — | -33.54%Poor -33.54% Poor | -24.64%Poor -24.64% Poor | 0.14Excellent 0.1 Excellent | — — | 9.19%Good 9.19% Good | 0.00% |
Photoquip India LtdPhotoquip India... PHOTOQUP • 526588 | 18.6/100 | ₹14.21₹14 | ₹8.42₹8.42 | 60.17Average 60.2 Average | 4.33%Poor 4.33% Poor | 8.49%Poor 8.49% Poor | 1.12Average 1.1 Average | 16.28%Excellent 16.28% Excellent | -8.95%Poor -8.95% Poor | 0.00% |
Top Household Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Jyothy Labs Ltd share price10842.15 Cr
- Eveready Industries India Ltd share price2352.07 Cr
- High Energy Batteries Ltd share price518.51 Cr
- Panasonic Energy India Co Ltd share price247.95 Cr
- Yuvraaj Hygiene Products Ltd share price108.79 Cr
Indo National Ltd PE Ratio History
Historical price-to-earnings ratio for NIPPOBATRY — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹165.02 | ₹407.10 | 2.5x |
| FY 2024 | ₹12.83 | ₹548.15 | 42.7x |
| FY 2022 | ₹10.59 | ₹403.30 | 38.1x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Indo National Ltd Dividend History
Annual cash dividends paid by NIPPOBATRY — dividend yield 1.17%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹3.75 Cr |
| FY 2024 | ₹3.75 Cr |
| FY 2023 | ₹3.75 Cr |
| FY 2022 | ₹9.38 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Indo National Ltd Quarterly Performance
Latest quarterly metrics for NIPPOBATRY — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-6.25%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-47.93%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
-1.66%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
96.04%
Compounded annual net profit growth over 5 years
Indo National Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for NIPPOBATRY — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Indo National Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Indo National Ltd (NIPPOBATRY) — sourced from NSE/BSE filings.
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Fetching financial data for Indo National Ltd
About NIPPOBATRY (Indo National Ltd)
Indo National Ltd is a stalwart in the Indian household, synonymous with portable power and illumination. For decades, the company has fueled everyday lives with its dependable ran...ge of dry cell batteries, the ubiquitous 'Nippo' brand known for its long life and consistent performance. But Indo National's reach extends far beyond powering toys and radios; they are illuminating homes with a diverse array of lighting solutions. From the familiar glow of incandescent bulbs to the energy-efficient brilliance of LEDs, Indo National provides accessible and reliable lighting options for every corner of the house. Their commitment to providing affordable and dependable products has cemented their place as a trusted brand in Indian homes. Beyond batteries and bulbs, Indo National has strategically diversified its portfolio to cater to various household needs. They offer a selection of essential electrical accessories like spike guards and extension cords, ensuring safe and convenient power distribution. Recognizing the need for effective pest control solutions, Indo National provides mosquito swatters and liquid vaporizers, helping families maintain a healthy and comfortable living environment. This expansion reflects the company's understanding of the evolving demands of Indian consumers, continually seeking to provide solutions that address everyday challenges and enhance the quality of life. Indo National's enduring success lies in its commitment to quality, affordability, and accessibility. By focusing on core products that address fundamental household needs, they have built a strong brand reputation and maintained a loyal customer base. While staying true to its roots in portable power and lighting, the company has also demonstrated a willingness to adapt and innovate, venturing into related product categories to meet the evolving needs of the Indian market. Indo National continues to be a recognizable name in the Indian household products sector.
Company Details
Key Leadership
Corporate Events
NIPPOBATRY Share Price: Frequently Asked Questions
What is the current share price of Indo National Ltd?
Indo National Ltd (NIPPOBATRY) trades at ₹369.45 on NSE and BSE. Market cap ₹318.25 (Cr). Educational data only.
What is the P/E ratio of Indo National Ltd?
Indo National Ltd has a P/E of N/Ax vs industry average 31.00x.
What is the Bull Run score for Indo National Ltd?
Indo National Ltd has a Bull Run score of 35.8/100 based on 25+ financial parameters.
Does Indo National Ltd pay dividends?
Indo National Ltd has a dividend yield of 1.17%. Past dividends don't guarantee future payments.
What is the ROE of Indo National Ltd?
Indo National Ltd has ROE of 36.70%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Indo National Ltd?
Indo National Ltd has debt-to-equity of 0.10.
Is Indo National Ltd a good investment?
Bull Run gives Indo National Ltd a score of 35.8/100. This is not investment advice — consult a SEBI-registered advisor.