INDNIPPONNSEIndia Nippon Electricals Limited· Auto AncillariesMediumNeutral
Announced Thu, 28 May · 17:16 IST

India Nippon Electricals Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

INDNIPPON · price

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Price reaction · full curve 14 horizons · vs prior close
+9.7%1-day move
₹820.00
prior close
₹854.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.9+5.7+5.9+7.4+9.7+12.1+9.2+12.1+10.8+9.1+11.6+17.3
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AI summary

India Nippon Electricals Limited reported strong financial performance for FY2026 with standalone revenue from operations growing 26.5% to Rs. 1,06,848 Lacs from Rs. 84,483 Lacs in FY2025. Net profit increased 35.6% to Rs. 11,126 Lacs from Rs. 8,203 Lacs. Basic EPS stood at Rs. 49.18 vs Rs. 36.26 in the previous year. The Board declared an interim dividend of Rs. 15.50 per share. Exceptional items included Rs. 1,521 Lacs from government land compensation and Rs. 20 Lacs gain from liquidation of subsidiary PT Automotive Systems Indonesia. The 41st AGM is scheduled for July 30, 2026. The Board approved re-appointment of two Independent Directors (Mr. Heramb R Hajarnavis and Ms. Gangapriya Chakraverti) for second terms of five years, subject to shareholder approval. Mr. K Suryanarayanan was re-appointed as Cost Auditor and M/s PKF Sridhar & Santhanam LLP appointed as Internal Auditors for FY 2026-27.

Likely market impact

Positive signals for shareholders: strong revenue and profit growth, increased EPS, and dividend declaration. The re-appointment of experienced independent directors ensures board continuity and governance stability.