India Nippon Electricals Limited has informed the Exchange about change in Management
INDNIPPON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Nippon Electricals reported Q3 FY26 standalone revenue of Rs 27,176 lakhs, up about 26.6% year-on-year from Rs 21,467 lakhs, with net profit rising roughly 57% to Rs 2,493 lakhs from Rs 1,588 lakhs. For the nine months ended December 2025, revenue grew about 26% to Rs 76,902 lakhs and profit rose nearly 30% to Rs 7,143 lakhs, translating to an EPS of Rs 31.58 versus Rs 24.37 last year. The Board declared an interim dividend of Rs 15.50 per share (on Rs 5 face value), with February 20, 2026 as the record date and payment by March 14, 2026. On the management front, Mr. K. Kanakaraju was redesignated as Chief Technology Officer, while the outgoing CTO Mr. R. Umashankar (43 years at the company) moves to Fellow – Technical Center. The Indonesia subsidiary was wound up during the period, yielding a small Rs 20 lakh gain on liquidation.
Strong double-digit revenue and profit growth with a healthy interim dividend signals good operating momentum and shareholder reward; the senior management redesignation is internal succession planning rather than a disruptive exit, so impact on the stock is likely neutral to mildly positive.