Indo National Ltd
NSE: NIPPOBATRY BSE: 504058
â‚ą307
+2.80 (0.92%)
Mon, 09 Nov 2026, 06:29 am
Market Cap (in Cr)226.35
PE Ratio0
Dividend1.24
Producer Manufacturing
Electrical Products
24.5KIndo National Analysis
dividend
- Dividends paid are well covered by earnings (3.4x coverage).
- Indo National's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Indo National's dividend is above the markets top 25% of dividend payers in India (3.08%).
- No dividend growth in 10 years.
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
health
- Indo National is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Indo National is profitable, therefore cash runway is not a concern.
- Indo National is profitable, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 2.8x debt.
- Indo National's cash and other short term assets cover its long term commitments.
- Indo National earns more interest than it pays, coverage of interest payments is not a concern.
- Operating cash flow is negative therefore debt is not well covered.
- The level of debt compared to net worth has increased over the past 5 years (5.1% vs 40.8% today).
- Indo National's level of debt (40.8%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Indo National board of directors is about average.
- P.'s compensation has been consistent with company performance over the past year, both up more than 20%.
- The tenure for the Indo National management team is about average.
- P.'s remuneration is higher than average for companies of similar size in India.
misc
- Indo National is not covered by any analysts.
past
- Indo National's 1-year earnings growth exceeds its 5-year average (33% vs -4.4%)
- Indo National has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Indo National's earnings growth has exceeded the IN Electrical industry average in the past year (33% vs 11.7%).
- Indo National's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Indo National used its assets less efficiently than the IN Electrical industry average last year based on Return on Assets.
- Indo National has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- Indo National is good value based on earnings compared to the IN Electrical industry average.
- Indo National is good value based on earnings compared to the India market.
- NIPPOBATRY outperformed the Electrical industry which returned -33.5% over the past year.
- NIPPOBATRY outperformed the Market in India which returned -14.5% over the past year.
- Indo National's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Indo National's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Indo National is overvalued based on assets compared to the IN Electrical industry average.
- NSEI:NIPPOBATRY is up 6% underperforming the Electrical industry which returned 9.3% over the past month.
- NSEI:NIPPOBATRY is up 6% underperforming the market in India which returned 8% over the past month.
