Indo National Ltd
NIPP

Indo National Ltd (NIPPOBATRY)

₹3833.33%

Key Stats

₹367
Day's Price Range
₹394.95
₹363.05
52-Week Price Range
₹641.2
1 Month Return-14.42 %
3 Month Return-17.47 %
1 Year Return-5.78 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 1
14.3
EPS
Rank 1
₹26.27
BVPS
Rank 1
₹322.66
Dividend Yield
Rank 1
3.51%
ROE
Rank 1
15.81%
Price To Book Ratio
Rank 1
1.16
Debt To Asset
Rank 2
0.53

Company Information

Promoted by S R Jiwarajka and Matsushita Electrical Company Japan in 1972 Indo National INL was incorporated as a public limited company. It manufactures Nippo brand dry cell batteries. Matsushita holds 40 of INLs equity. The Indian partner is Obul Reddy. The company has already diversified into the sale of flashlights under the Nippo brand. INLs RD department has developed batteries for Indias defence forces. It has obtained governments permission to manufacture 20000 sets of taperecordercumtransistors.INL recently added two types of highperformance batteries to its existing brandsUM3 Premium Gold and UM1 Mega Super. The UM3 is meant for walkmans and cameras. The UM3 has 50 more power compared to the companys Nippo brand and has a longer shelf life of 24 months. The UM1 mega cells find application in toys and cassette recorders. The company has obtained ISO 9001 certification from TUV CERT certification body of RheinischWestfalischer TUV e.v. for design development production and sales of Dry Cell Batteries. It is also planning to import alkaline and lithium batteries under the Panasonic brand for marketing in the country. During 200102 the Paper Seperator project was completed successfully at a cost of Rs.3.36 crores which was met out of internal accruals. This is an important component in the manufacture of UM3 batteries.
OrganisationIndo National Ltd
HeadquartersChennai
IndustryDry cells