INDIA NIPPON ELECT LTD

Makes and sells components for the automobile industry, with FY26 standalone revenue of Rs 1,068.48 crore, up 26.5% from Rs 844.83 crore in FY25. Materials are the largest cost at 65.9% of revenue, followed by employee costs at 11.1% and other operating expenses at 8.6%. The business sits under the Auto Components & Equipments classification and is controlled by promoter Lucas Indian Service Limited, which holds 70.32% of equity (around 1.59 crore shares). Operating profitability runs at a 15.38% EBITDA margin on Rs 1,067.31 crore of total assets, with capex at 3.9% of revenue and depreciation at 1.7%. An Indonesian subsidiary, PT Automotive Systems Indonesia, was wound up during FY26 with a small gain of Rs 20 lakh, and an exceptional Rs 15.21 crore was booked from a Haryana government land compensation order. Interim dividend for FY26 was Rs 15.50 per share, totalling Rs 35.06 crore on 2.26 crore shares.