Indo-national Limited
NSE: NIPPOBATRY · Household Products · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Household Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹34 cr (FY26): borrowings are higher by ₹28 cr.
- Operating profit covered interest -9.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Debtor days went from 76 (FY24) to 47 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹304.55 on 2026-10-26: -35.1% from the 52-week high, +18.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 128 | 122 | 97 | 119 | 120 | 106 | 107 | 116 |
| EBITDA | 1 | -11 | -2 | 3 | 4 | -7 | -18 | 0 |
| OPM % | 0.7% | -9.2% | -2.0% | 2.3% | 3.3% | -6.4% | -16.9% | 0.1% |
| Other income | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 1 |
| Net profit | 2 | -12 | 0 | 1 | 1 | -8 | -21 | 2 |
| EPS (₹) | 2.89 | -16.09 | 0.11 | 1.37 | 1.85 | -10.46 | -27.87 | 2.85 |
| Revenue YoY | -6.2% | -12.6% | +10.3% | -2.8% | ||||
| Profit YoY | -36.4% | – | -26,237.5% | +109.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 570 | 572 | 641 | 467 | 452 | 449 |
| EBITDA | 26 | 15 | 41 | -22 | -18 | -21 |
| Net profit | 8 | -6 | 10 | 124 | -26 | -25 |
| EPS (₹) | 10.59 | -7.59 | 12.83 | 165.02 | -35.12 | -33.63 |
| Revenue growth | +0.3% | +12.0% | -27.0% | -3.2% | -3.6% | |
| Profit growth | -171.7% | – | +1,186.5% | -121.3% | – | |
| Dividend / share (₹) | 25.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -7.5% | -3.2% | -3.6% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -25.4% (2y) | -34.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 231 | 236 | 438 | 303 |
| Borrowings | – | 132 | 140 | 53 | 34 |
| Cash & equivalents | – | 23 | 32 | 48 | 6 |
| Total assets | – | 515 | 599 | 721 | 431 |
| Fixed assets | – | 172 | 187 | 207 | 154 |
| Capital work in progress | – | 4 | 2 | 4 | 6 |
| Investments | – | 0 | 0 | 96 | 61 |
| Receivables | – | 126 | 133 | 90 | 58 |
| Inventory | – | 88 | 97 | 117 | 61 |
| Payables | – | 69 | 73 | 65 | 38 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 35 | 36 | 44 | -56 | 40 |
| Cash from investing | -35 | -28 | -38 | 80 | 17 |
| Cash from financing | -20 | -9 | -9 | -19 | -58 |
| Capex | 52 | 31 | 45 | 42 | 28 |
| Free cash flow | -17 | 5 | -1 | -97 | 12 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -2.5% | 4.1% | 28.2% | -8.7% |
| ROCE % | – | 0.9% | 8.8% | 31.4% | -7.0% |
| Debtor days | – | 80 | 76 | 70 | 47 |
| Inventory days | – | 88 | 95 | 147 | 80 |
| Payable days | – | 69 | 72 | 81 | 49 |
| Cash conversion cycle (days) | – | 99 | 99 | 136 | 78 |
| Working capital days | – | 53 | 54 | 135 | 78 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.35% |
| FIIs | 0.00% |
| Public (non-institutions) | 34.65% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% |
| Promoter group | % |
|---|---|
| Dwaraknath Reddy | 44.10% |
| Sarla Devi Khaitan | 4.43% |
| P.D.R Investments PVT. Ltd | 4.37% |
| Sindoori Reddy | 3.89% |
| Sarla Devi Khaitan | 2.51% |
| Rajendra Prasad Khaita | 1.84% |
| Obul Reddy Investments PVT Ltd | 1.83% |
| Suneeta Reddy | 1.59% |
| H N Khaitan (HUF) | 0.57% |
| Radiohms Properties Private Limited | 0.14% |
| Anju Ganeriwal | 0.07% |
| Aditya DEV Reddy | 0.00% |
| Lakshmi Devi Jiwarajka | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sharad Kanayalal Shah | 4.24% |
| Varsha Sharad Shah | 1.14% |
14,123 shareholders. Pledged: 0.00% of promoter shares.
Peers in Household Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| JYOTHYLAB | ₹6,388 cr | 22.5x | 4.0x | 19.1% | 24.8% | 13.2% | +5.9% | 2.01% |
| EVEREADY | ₹2,154 cr | 12.1x | 3.5x | 32.9% | 24.7% | 15.2% | +3.1% | 0.51% |
| HIGHENE | ₹496 cr | 30.2x | 4.5x | 12.1% | 15.4% | 19.2% | -3.5% | 0.54% |
| NIPPOBATRY | ₹228 cr | – | 0.8x | -6.8% | -8.2% | -4.6% | -7.5% | 1.64% |
| PANAENERG | ₹169 cr | 26.8x | 1.6x | 4.1% | 6.5% | 2.6% | +2.2% | 4.25% |
| PCCOSMA | ₹119 cr | 13.8x | 2.1x | 16.6% | 21.1% | 7.7% | +8.2% | 0.67% |
| YUVRAAJHPL | ₹68 cr | 15.0x | 15.2x | 159.2% | 32.5% | 15.0% | +25.9% | – |
| AMBICAAGAR | ₹37 cr | 10.9x | 0.3x | 3.1% | 8.2% | 7.5% | +6.4% | – |
| HIPOLIN | ₹28 cr | 676.9x | 3.7x | 0.5% | 1.6% | 0.1% | -3.1% | – |
| PHOTOQUP | ₹7 cr | 4.1x | 1.0x | -22.4% | -2.3% | -6.6% | +7.6% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| consumer goods | ₹451 cr | 99.7% | ₹-7 cr | -1.6% |
| airpurifier | ₹2 cr | 0.3% | ₹-1 cr | -52.5% |
| composites and aerospaces | ₹0 cr | – | ₹0 cr | – |
| investments | ₹0 cr | – | ₹-16 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-21 | Dividend | Dividend - Rs 3.75 Per Share |
| 2025-09-19 | Dividend | Dividend - Rs 5 Per Share |
| 2024-09-19 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2023-09-20 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2022-09-19 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2021-10-28 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2021-09-21 | Dividend | Annual General Meeting/Dividend - Rs 25 Per Sh |
| 2020-09-18 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2019-09-13 | Dividend | Annual General Meeting/Dividend - Rs 20 Per Share |
| 2018-09-14 | Dividend | Annual General Meeting/Dividend Rs 20 Per Share |
| 2017-09-15 | Dividend | Annual General Meeting/Dividend - Rs 25/- Per Share |
| 2016-09-15 | Dividend | Annual General Meeting/ Dividend -Rs 25/- Per Share |
| 2015-09-15 | Dividend | Dividend-Rs 25/- Per Share |
| 2014-09-17 | Dividend | Annual General Meeting / Dividend - Rs 20/- Per Share |
| 2013-09-18 | Dividend | Annual General Meeting / Dividend - Rs 10/- Per Share |
| 2012-07-20 | Dividend | Annual General Meeting/ Dividend Rs 10 Per Share |
| 2011-07-14 | Dividend | Dividend-Rs.20/- Per Share |
| 2010-07-15 | Dividend | Dividend-Rs.20/- Per Share |
| 2009-09-03 | Dividend | Dividend-Rs.20/- Pr Share |
| 2008-06-06 | Dividend | Agm/Dividend-200% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Household Products |
| Sub-industry | Household Products |
| Symbol | NIPPOBATRY |
| BSE code | 504058 |
| ISIN | INE567A01028 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.