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NSE:IGARASHI

IGARASHI MOTORS INDIA LTD

Automobile and Auto Components › Auto Components
₹367.00
at close · 28 Oct 2026
▲ 2.25 (+0.62%)

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. Board to review Q2 and half-year results on November 5, 2026 · Results
  2. RTA certificate for demat compliance Q2 FY27 · Compliance
  3. Trading Window Closure Ahead of Q2 FY27 Results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes electric micro motors for engine air management and BLDC ceiling fans, generating 88% of segment revenue from the Automotive segment (EBIT margin 13.6% in FY26) and 12% from Non-automotive products (EBIT margin -2.0%). Revenue grew 3.3% to ₹865.92 crore in FY26, but net profit fell 49.7% to ₹12.15 crore on tariff pressures, commodity volatility and demand softness. Raw materials are the biggest cost at 65.6% of revenue, followed by employee costs at 10% and depreciation at 6.6%. Capex was 9.2% of revenue in FY26. Two reporting segments carry the business: Automotive, selling electric micro motors to auto OEMs, and Non-automotive, selling BLDC ceiling fans and other products.

Revenue mix · reported segments
Automotive88.0%
Non-automotive12.0%
Operating scale
Global share in Engine Air Management
~13%FY26
Exports share of turnover
57%FY26
Workforce
2,121FY26
Renewable electricity use
90%FY26
Who pays it
Auto OEMs for engine air management components; buyers of BLDC ceiling fans
Biggest cost
Raw materials at 65.6% of revenue
Kind of business
Auto component manufacturer with significant export exposure
Where it sits
Holds roughly 13% global share in Engine Air Management
Market Cap
₹1,155 Cr
P / E (TTM)
70.4×
EV / EBITDA
14.3×
Div Yield
0.67%
Growth
10.2%▲
Revenue 5y CAGR
PAT -13.9% · EBITDA +0.3%
Quality
5.2%·
ROCE (5y median)
ROE 2.1% (5y median) · margin 9.8%
Leverage
0.28·
Debt / Equity · low
Net debt ₹126 Cr
Revenue FY21→FY26
1.6×▲
Margin −3.4 pts
₹533 Cr → ₹866 Cr
Cash conversion
6.59×▲
Operating cash ÷ profit · 5 yrs
₹345 Cr on ₹52 Cr
Moves on a normal day
1.56%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 126 Auto Components & Equipments peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#105/119
P/B#50/117
ROCE#106/125
ROE#100/117
Debt / Equity#61/117
EBITDA margin#79/118
Revenue growth#48/113
Profit growth#16/115

Scorecard

Measured from the filed financials, judged against its Auto Components & Equipments peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹52 Cr of profit and ₹345 Cr of operating cash — 6.59×
Profit is converting into cash
Pays out 64% of profit as dividend
Concerns
Profit shrinking over 5 years (−14% a year)
Returns on capital 5.2% (5-year median)
#106 of 125 in Auto Components & Equipments on the latest reported figures · down from 8.1% in FY21

Charts

How has the market priced it — with filings on the timeline?

IGARASHI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from IGARASHI MOTORS INDIA LTD's filed financials and exchange disclosures

What does IGARASHI MOTORS INDIA LTD do?

IGARASHI MOTORS INDIA LTD is a Auto Components company listed on NSE and BSE, trading under the symbol IGARASHI.

Is IGARASHI MOTORS INDIA LTD profitable?

Yes. Over the trailing twelve months IGARASHI MOTORS INDIA LTD reported a net profit of ₹16 Cr on revenue of ₹912 Cr.

Does IGARASHI MOTORS INDIA LTD pay a dividend?

Yes. The dividend yield is 0.67% at the current price. It paid out 64% of its profit as dividend in FY26.

Is IGARASHI MOTORS INDIA LTD debt-free?

No. It reported borrowings of ₹129 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹126 Cr after cash. Debt stands at 0.28× equity. That is higher than 52% of its 117 Auto Components & Equipments peers.

Is IGARASHI MOTORS INDIA LTD expensive compared with its peers?

On trailing P/E, IGARASHI MOTORS INDIA LTD ranks 105 of 119 in Auto Components & Equipments — cheaper than 12% of them, against an industry median of 25.3×. This is a position, not a valuation judgement.

How much does the IGARASHI MOTORS INDIA LTD share price move in a day?

On a typical session IGARASHI MOTORS INDIA LTD moves 1.56% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are IGARASHI MOTORS INDIA LTD's next results?

Financial Results on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track IGARASHI MOTORS INDIA LTD's announcements?

Every NSE and BSE filing by IGARASHI MOTORS INDIA LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.