India Nippon Electricals Limited (INDNIPPON) Fair Value & Analysis
Consumer Cyclical · IN · Market cap ₹24.8B (≈ $263M) · ISIN INE092B01025
What is India Nippon Electricals Limited really worth?
A solid business, but trading 44% above our fair value of ₹803.79.
As of Aug 21, 2026, the fair value of India Nippon Electricals Limited is ₹803.79 per share against a price of ₹1,159, so the fair value sits 31% below the price. A model estimate blended from multiple valuation models, recalculated regularly.
Risks
Fair value as of: Aug 21, 2026
From 15 valuation models · updated 16 days ago
Share price +0.8% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits above even our optimistic bull case (₹1,004). The favourable scenario is already priced in.
- 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 21, 2026.
How to read this chart
60‑month range ₹303.64 – ₹1,241 · fair‑value band ₹603.45 – ₹1,004 · the ₹1,159 price screens above the ₹803.79 fair value. Dashed = 300-day average. As of Aug 21, 2026.
Analysis
India Nippon Electricals Limited (INDNIPPON) currently trades at ₹1,159, while our model-based Fair Value estimate is ₹803.79, implying the stock looks roughly 44.1% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Consumer Cyclical sector. Bull case: the Growth Earnings group reads highest at a median of ₹1,173 per share, and 2 of the 15 models we run sit above the ₹1,159 price. Bear case: the Asset-Based group reads lowest at ₹243.26, and 13 of the 15 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, India Nippon Electricals Limited generated revenue of ₹9.5B at a net margin of 9.5%. Revenue grew 29.9% year over year. It earns a return on equity of 12.3%. The stock trades on a trailing P/E of 29.3. Fundamentals as of Aug 21, 2026
Our scenario range runs from ₹603.45 (bear case) to ₹1,004 (bull case); at ₹1,159, 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 about 9% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at −31%, INDNIPPON screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹17.23 per share, which is 2.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.
All 15 models by family
Widest divergence: Growth Earnings (₹1,173) versus Asset-Based (₹243.26). Highest evidence: EPV (70).
Notify me when INDNIPPON reaches fair value
Put INDNIPPON on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 82
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
India Nippon Electricals Limited provides electronic ignition systems for automotive industry in India and internationally.
Full company description
India Nippon Electricals Limited provides electronic ignition systems for 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; and PM alternators. It also offers speed, lever, temperature, angle/linear position, differential/absolute, throttle position, steering angle, tire pressure monitoring, RPAS ultrasonic, and TMAP sensors. In addition, the company provides DC-DC converter, traction motors, and motor controllers; ISG machine and controllers; and EFI ECU products. Its products have applications in two-wheelers, three-wheelers, small gasoline engines, and portable gensets; and non-automotive industry. The company was incorporated in 1984 and is based in Chennai, India. India Nippon Electricals Limited operates as 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 ₹10.5B in FY2026 versus ₹5.6B in FY2022, a compound +17.2%/yr. Reported net income was ₹1.1B in FY2026, compounding +22.6%/yr from FY2022.
INDNIPPON screens 44% overvalued. Compare with O'Reilly Automotive, Inc →
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
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| O'Reilly Automotive, Inc ORLY | $88.50 | $47.50 | −46% |
| AutoZone, Inc AZO | $2,983 | $2,287 | −23% |
| Hyundai Mobis Co 012330 | 450,500 KRW | 643,909 KRW | +43% |
| Fuyao Glass Industry Group 600660 | ¥57.67 | ¥84.47 | +46% |
| Samvardhana Motherson International Limited MOTHERSON | ₹165.30 | ₹80.63 | −51% |
| Magna International Inc MGA | $65.57 | $68.17 | +4% |
| Genuine Parts Company GPC | $137.51 | $58.07 | −58% |
| Bosch Limited BOSCHLTD | ₹48,700 | ₹11,534 | −76% |
| Ningbo Tuopu Group 601689 | ¥45.82 | ¥28.28 | −38% |
| Bharat Forge Limited BHARATFORG | ₹2,063 | ₹393.20 | −81% |
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 →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
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 price target for India Nippon Electricals Limited (INDNIPPON)?
What is the India Nippon Electricals Limited stock forecast for 2026?
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?
Watch India Nippon Electricals Limited in the live analysis
One click puts India Nippon Electricals Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.