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Igarashi Motors India LimitedIGARASHICorporate

Electric Equipment Latest results: Jun 2026 14 quarters of data
₹403.20
MCap ₹1,269 Cr · P/E 77.4
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹251 Cr
Sales · Jun 2026
+22.5% YoY
₹25 Cr
Operating Profit · Jun 2026
+25.0% YoY
9.8%
OPM % · Jun 2026
+2.1% YoY
₹7 Cr
Net Profit · Jun 2026
+169.6% YoY
₹2.15
EPS · Jun 2026
+168.7% YoY

📝 Igarashi Motors India Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Igarashi Motors India Limited reported revenue of ₹251 crore for the quarter ended June 2026 (Q1 FY27), up 22.5% from ₹205 crore in the same quarter last year, and up 11.0% sequentially over the March 2026 quarter.

Net profit rose 169.6% year-on-year to ₹7 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹2.15.

Operating profit stood at ₹25 crore — an operating margin (OPM) of 9.8%, compared with 9.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Igarashi Motors India Limited posted revenue of ₹866 crore, a growth of 3.3% over FY25, with a net profit of ₹12 crore (down 49.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹912 crore with a net profit of ₹16 crore.

Valuation snapshot

At the current price of ₹403.20, IGARASHI has a market capitalisation of ₹1,269 crore and a trailing P/E of about 77.4.

Within the Electric Equipment industry, it is the 18th-largest of the 41 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.04%, domestic institutional investors (DIIs) 3.64%, public shareholders 21.32% of Igarashi Motors India Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,269 Cr
Current Price ?
₹403.2
P/E ?
77.40above ind
Industry P/E ?
29.80
P/B ?
2.72
P/S ?
1.39
P/FCF ?
90.65
Enterprise Value ?
₹1,414 Cr
EV/EBITDA ?
16.13
PEG ?
2.42
Earnings Yield ?
2.0%
Dividend Yield ?
0.61%
Profitability & Returns
Sales (TTM) ?
₹912 Cr
OPM ?
9.6%
Profit after tax (TTM) ?
₹16 Cr
EPS (TTM) ?
₹5.21
ROCE ?
4.0%
ROE ?
3.5%
ROA ?
2.0%
Growth
Sales — latest qtr ?
₹251 Cr
PAT — latest qtr ?
₹7 Cr
YoY qtr sales growth ?
22.5%
YoY qtr profit growth ?
169.6%
Sales growth (3y) ?
10%
Sales growth (5y) ?
10%
Profit growth (3y) ?
32%
Profit growth (5y) ?
-14%
Financial Health
Debt ?
₹145 Cr
Debt to Equity ?
0.31
Interest Coverage ?
2.3
Current Ratio ?
N/A
Ownership
Promoter holding ?
75.00%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-11.8%
Return 6 months ?
15.4%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 173168178174205222216211189205219216226251 +22.5% +11.0%
Operating Profit 2216171722252624202023201925 +25.0% +27.2%
Other Income 31010100010011 +21.1% +29.2%
Interest 33343344333223 -17.2% +5.9%
Depreciation 1212121212121313131414141516 +13.2% +6.3%
Profit Before Tax 10222811107436437 +112.4% +159.3%
Net Profit 81125885335427 +169.6% +325.6%
EPS 2.420.450.460.501.632.592.471.640.970.801.441.110.512.15 +168.7% +321.6%
OPM % 12.6% 9.6% 9.7% 10.0% 11.0% 11.4% 12.2% 11.3% 10.4% 9.6% 10.7% 9.4% 8.5% 9.8% +2.1% +15.3%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹838 Cr ₹866 Cr ₹912 Cr +3.3%
Operating Profit ₹95 Cr ₹83 Cr ₹88 Cr -12.9%
OPM % 11.34% 9.56% 9.61% -15.7%
NPM % 2.88% 1.40% 1.80% -51.4%
Other Income ₹2 Cr ₹2 Cr ₹2 Cr -25.6%
Depreciation ₹52 Cr ₹57 Cr ₹59 Cr +10.6%
Interest ₹13 Cr ₹11 Cr ₹10 Cr -17.8%
EBIT ₹44 Cr ₹26 Cr ₹29 Cr -40.8%
PBT ₹32 Cr ₹17 Cr ₹20 Cr -49.2%
Tax — — ₹0 Cr —
Net Profit ₹24 Cr ₹12 Cr ₹16 Cr -49.8%
EPS ₹7.67 ₹3.86 ₹5.21 -49.7%
Material Cost — — ₹165 Cr —
Employee Cost — — ₹23 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 31313131 +0.0%
Reserves 408416434435 +0.2%
Borrowings 121138151145 -4.0%
Other Liabilities 166189158223 +41.1%
Total Liabilities 726774775834 +7.6%
Fixed Assets 379366391415 +6.1%
CWIP 13354350 +16.3%
Investments 1716171 -94.1%
Other Assets 318357323367 +13.6%
Total Assets 726774775834 +7.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 34509494 +0.0%
Cash from Investing Activity -32-51-90-63 +30.0%
Cash from Financing Activity -40-5-30 -500.0%
Net Cash Flow -1-1-10 +100.0%
Free Cash Flow -2-3414 +250.0%
CFO/OP 53%73%109%113% +3.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 981047691 +19.7%
Inventory Days 91867575 +0.0%
Days Payable 9510374106 +43.2%
Cash Conversion Cycle 94877661 -19.7%
Working Capital Days 41401912 -36.8%
ROCE % 4%5%8%4% -50.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 75.00%75.00%75.00%75.00%75.00% +0.0%
FIIs 0.94%0.12%0.10%0.13%0.04% -69.2%
DIIs 2.08%2.21%2.13%2.12%3.64% +71.7%
Public 21.98%22.66%22.77%22.75%21.32% -6.3%
No. of Shareholders 25,26326,59827,12926,97128,642 +6.2%

⚖️ Peer comparison

Industry: Electric Equipment · top 25 of 41 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 VOLTAMP Voltamp Transformers ₹11,006.00 11,135 35.1 2,274 317 16.0% 14.0% 11.3% -6.1% 28.3% 14.0%
2 TARIL Transformers And Rectifiers ₹291.30 8,744 28.5 2,831 313 16.4% 11.1% 24.2% 25.6% 60.7% 119.9%
3 SPECTRUM Spectrum Electrical ₹3,729.90 6,373 102.0 682 57 15.3% 8.4% 29.9% 77.2% 76.5% 131.9%
4 MARINE Marine Electricals ₹377.45 5,282 82.1 968 66 11.0% 6.8% 14.2% 55.6% 55.2% 45.9%
5 INDOTECH Indo Tech ₹3,323.80 3,530 35.5 846 99 15.1% 11.7% 28.0% 45.3% 39.0% 34.1%
6 WEBELSOLAR Websol Energy ₹75.52 3,279 10.3 1,203 313 37.4% 26.0% 82.1% 94.5% 70.1% 16.1%
7 RELTD Ravindra Energy ₹139.32 2,766 33.7 543 82 24.2% 15.0% 116.6% 265.6% -16.4% 0.0%
8 UEL Ujaas Energy ₹200.99 2,681 n/m 18 4 -19.3% 21.8% -34.7% -64.3% 14.5% 30.8%
9 RISHABH Rishabh Instruments ₹684.55 2,649 32.6 783 82 16.7% 10.5% 7.6% 289.8% 4.4% -3.2%
10 BBL Bharat Bijlee ₹2,246.80 2,540 22.7 2,355 112 6.5% 4.7% 19.5% -10.4% 17.7% -29.9%
11 EXICOM Exicom Tele-Systems ₹162.72 2,263 — 1,278 -265 -6.8% -20.7% 17.7% -584.4% 61.5% 11.4%
12 ALPEXSOLAR Alpex Solar ₹838.95 2,143 10.7 2,346 200 14.1% 8.5% 185.0% 143.4% 32.5% -5.1%
13 HONDAPOWER Honda India ₹1,930.30 1,958 29.7 900 66 9.7% 7.3% 9.1% -20.0% 22.1% 23.3%
14 HPL HPL Electric ₹284.15 1,827 20.0 1,944 92 14.8% 4.7% 6.6% -2.7% 34.5% 1.2%
15 IKIO IKIO Technologies ₹211.58 1,635 34.0 644 51 13.6% 7.9% 22.4% 28.8% 41.1% 452.3%
16 SERVOTECH Servotech Renewable ₹68.95 1,557 39.7 751 35 10.3% 4.7% -0.3% -3.3% 57.8% 77.0%
17 MODISONLTD MODISON ₹445.00 1,444 12.8 980 113 17.5% 11.5% 44.8% 193.8% 92.2% 99.8%
18 IGARASHI Igarashi Motors ₹425.45 1,339 81.7 912 16 9.6% 1.8% 3.3% -49.8% 22.5% 169.6%
19 ICEMAKE Ice Make ₹692.00 1,092 89.6 668 12 6.7% 1.8% 39.4% -47.6% 41.9% -14.3%
20 APS Australian Prem ₹520.15 1,049 18.6 689 56 13.4% 8.1% — — 43.7% 7.7%
21 WEL Wonder Electricals ₹72.50 972 80.6 734 12 4.4% 1.6% -26.8% -52.0% 51.0% 264.7%
22 SWELECTES Swelect Energy ₹608.40 945 22.1 610 44 22.6% 7.2% 5.7% 325.4% -26.2% -63.8%
23 SALZERELEC Salzer Electronics ₹501.30 886 20.3 1,815 44 7.5% 2.4% 24.0% -22.2% 12.9% -51.7%
24 SAHAJSOLAR Sahaj Solar ₹395.90 870 29.4 419 29 12.4% 7.0% — — 32.8% 6.3%
25 KECL Kirloskar Electric ₹121.07 804 107.1 561 7 5.5% 1.3% 8.4% 270.9% -21.5% -1526.2%
❓ Frequently asked questions
What was Igarashi Motors India Limited's revenue in Q1 FY27?
Igarashi Motors India Limited reported revenue of ₹251 crore for the quarter ended June 2026 (Q1 FY27), up 22.5% from ₹205 crore in the same quarter last year, and up 11.0% sequentially over the March 2026 quarter.
What was Igarashi Motors India Limited's net profit in Q1 FY27?
Net profit rose 169.6% year-on-year to ₹7 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹2.15.
What is IGARASHI's market capitalisation and P/E ratio?
At the current price of ₹403.20, IGARASHI has a market capitalisation of ₹1,269 crore and a trailing P/E of about 77.4.
Who owns Igarashi Motors India Limited? (shareholding pattern)
As of Sep 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.04%, domestic institutional investors (DIIs) 3.64%, public shareholders 21.32% of Igarashi Motors India Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI