India Nippon Electricals Limited (INDNIPPON) Fair Value & Analysis
Consumer Cyclical · IN · Market cap ₹22.5B
Fair value as of: Aug 13, 2026
From 25 valuation models · updated 3 days ago
Share price −4.2% over the past month.
A solid business, but screening 40% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (₹980.33). The favourable scenario is already priced in.
- The model range is unusually wide (₹335.35 to ₹980.33). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range ₹304.81 – ₹1,242 · fair‑value band ₹335.35 – ₹980.33 · the ₹1,123 price screens above the ₹671.79 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
India Nippon Electricals Limited (INDNIPPON) currently trades at ₹1,123, while our model-based Fair Value estimate is ₹671.79, implying the stock looks roughly 40.2% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, India Nippon Electricals Limited generated revenue of ₹10.7B at a net margin of 10.4%. Revenue grew 26.6% year over year. It earns a return on equity of 14.5%. The balance sheet holds a net cash position of ₹43.2M. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹335.35 (bear case) to ₹980.33 (bull case); at ₹1,123, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 66% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at -40%, INDNIPPON screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 25 models by family
Widest divergence: Growth Earnings (₹1,034) versus Growth DCF (₹68.19). Highest evidence: Growth DCF (80).
Notify me when INDNIPPON reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 86
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
India Nippon Electricals Limited manufactures and sells electronic ignition systems for the automotive industry in India and internationally.
Full company description
India Nippon Electricals Limited manufactures and sells electronic ignition systems for the automotive industry in India and internationally. The company offers AC generator/flywheel magneto products, such as stator and rotor products, as well as CDI and TCI products; regulator and rectifier units; ignition coils; exhaust gas controller and engine controller units; auto choke-generation purpose engines; dual output ignition products; throttle position sensors; and PM alternators. It also provides speed, lever, temperature, linear and rotatory position, differential/absolute, throttle position, steering angle, liquid level, pressure, TPMS, RPAS ultrasonic, and TMAP sensors. In addition, the company offers DC-DC converters, traction motors, and motor controllers; ISG machines and controllers; and EFI ECU products. Its products have applications in two-wheelers, three-wheelers, small gasoline engines, portable gensets, general purpose engines, and non-automotive industries. The company was incorporated in 1984 and is based in Chennai, India. India Nippon Electricals Limited is a subsidiary of Lucas Indian Service Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
India Nippon Electricals Limited reported revenue of ₹10.7B in FY2026 versus ₹5.7B in FY2022, a compound +17.2%/yr. Reported net income was ₹1.1B in FY2026, compounding +22.0%/yr from FY2022.
of which total revenue +11.2 pp · buybacks/dilution +0.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
INDNIPPON screens 40% overvalued. Compare with Hyundai Mobis Co →
Peer Group
Auto Parts · 641 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Auto Parts median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Hyundai Mobis Co 012330 | 511,000 KRW | 643,909 KRW | +26% |
| Magna International Inc MGAN | 1,122 MXN | 1,142 MXN | +2% |
| Samvardhana Motherson International Limited MOTHERSON | ₹169.50 | ₹80.63 | -52% |
| Bosch Limited BOSCHLTD | ₹46,750 | ₹13,061 | -72% |
| Bharat Forge Limited BHARATFORG | ₹2,082 | ₹393.20 | -81% |
| Uno Minda Limited UNOMINDA | ₹1,232 | ₹426.57 | -65% |
| Schaeffler India Limited SCHAEFFLER | ₹4,126 | ₹1,412 | -66% |
| Hankook Tire & Technology Co 161390 | 71,500 KRW | 196,479 KRW | +175% |
| Sona BLW Precision Forgings Limited SONACOMS | ₹799.90 | ₹207.06 | -74% |
| Balkrishna Industries Limited BALKRISIND | ₹2,497 | ₹1,211 | -51% |
Compare India Nippon Electricals Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is India Nippon Electricals Limited (INDNIPPON) overvalued or undervalued?
What is the fair value of INDNIPPON?
What is the quality score of INDNIPPON?
What is the revenue of India Nippon Electricals Limited (INDNIPPON)?
What is the net profit margin of INDNIPPON?
Does India Nippon Electricals Limited pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track India Nippon Electricals Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.