India Nippon Electricals Ltd (INDNIPPON)

India Nippon Electricals Ltd (INEL) is a pioneer in the manufacturer of automobile ignition systems, especially for two-wheelers, with collaboration from Mahle Electric Drives Japan Corporation Japan. The company has three manufacturing facilities in India and supplies to customers both domestically and abroad. INEL produces ignition systems for two-wheelers, Portable Gensets, and three-wheelers. Other vital products they manufacture include Flywheel Magnetos, Capacitor Discharge Ignition (CDI) units, Ignition Coils, Integral Units, and Regulators/Rectifiers. INEL is also into R&D activities and the indigenously designed and developed products contribute 40 to the company’s topline. INEL has set up new facilities for the manufacture of flywheel magnetos at Rewari Haryana to serve customers in North India, and Kolhapur unit commenced operations in 2017. The company has commercialized new business of EGR controller and Throttle Position Sensor for a Diesel Engine manufacturer, and has recently disposed of its investment in Synergy Shakthi Renewable Energy Private Limited to Lucas TVS Limited. INEL has been in the industry for 35 years and is a trusted name in the automobile industry, providing quality products and services to its customers.

Share Price: ₹710.05 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹1,620.49Cr as of today
Revenue: ₹178.86Cr as on December 2023 (Q4 23)
Net Profit: ₹12.08Cr as on December 2023 (Q4 23)
Listing date: 15 May, 1997
Chairperson Name: T K Balaji