Flash Finance

Indo-National LimitedNIPPOBATRYCorporate

Dry Cells Latest results: Jun 2026 14 quarters of data
Consolidated Standalone
₹308.95
MCap ₹232 Cr
Indo-National Limited — Stock analysis & AI research Indo-National Limited — Multibagger AI analysis Indo-National Limited — Seasonality — best & worst months Indo-National Limited — Live exchange announcements
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.
₹116 Cr
Sales · Jun 2026
-4.5% YoY
₹0 Cr
Operating Profit · Jun 2026
-95.9% YoY
0.1%
OPM % · Jun 2026
-96.0% YoY
₹2 Cr
Net Profit · Jun 2026
+88.2% YoY
₹2.85
EPS · Jun 2026
+108.0% YoY

📝 Indo-National Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Indo-National Limited reported revenue of ₹116 crore for the quarter ended June 2026 (Q1 FY27), down 4.5% from ₹122 crore in the same quarter last year, and up 8.4% sequentially over the March 2026 quarter.

Net profit rose 88.2% year-on-year to ₹2 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹2.85.

Operating profit stood at ₹0 crore — an operating margin (OPM) of 0.1%, compared with 2.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Indo-National Limited posted revenue of ₹459 crore, a decline of 29.4% over FY25, with a net loss of ₹27 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹453 crore with a net loss of ₹26 crore.

Valuation snapshot

At the current price of ₹308.95, NIPPOBATRY has a market capitalisation of ₹232 crore.

Within the Dry Cells industry, it is the 2nd-largest of the 2 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 65.35%, public shareholders 34.65% of Indo-National Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹232 Cr
Current Price ?
₹308.9
P/E ?
N/A
Industry P/E ?
N/A
P/B ?
0.76
P/S ?
0.51
P/FCF ?
16.55
Enterprise Value ?
₹266 Cr
EV/EBITDA ?
-12.66
PEG ?
N/A
Earnings Yield ?
-12.7%
Dividend Yield ?
1.62%
Profitability & Returns
Sales (TTM) ?
₹453 Cr
OPM ?
-4.6%
Profit after tax (TTM) ?
₹-26 Cr
EPS (TTM) ?
₹-34.33
ROCE ?
-5.0%
ROE ?
-8.5%
ROA ?
-6.0%
Growth
Sales — latest qtr ?
₹116 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
-4.5%
YoY qtr profit growth ?
88.2%
Sales growth (3y) ?
-8%
Sales growth (5y) ?
-3%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹34 Cr
Debt to Equity ?
0.11
Interest Coverage ?
-8.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
65.35%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-7.4%
Return 6 months ?
-4.6%

🗓️ 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 14313217216816930312812297122121109107116 -4.5% +8.4%
Operating Profit 52813181641-11-234-7-180 -95.9% +100.7%
Other Income 2233318232322221 -54.9% -42.1%
Interest 33433300111111 -11.6% +41.2%
Depreciation 54445533333333 +12.1% +1.6%
Profit Before Tax -1-328121642-12-312-8-20-3 -371.0% +84.3%
Net Profit -2-33691322-12011-8-212 +88.2% +109.6%
EPS -3.47-0.715.734.593.20178.112.67-16.090.111.371.85-10.46-27.872.85 +108.0% +110.2%
OPM % 3.5% 1.5% 4.7% 7.7% 10.7% 54.3% 1.0% -9.0% -2.1% 2.5% 3.3% -6.4% -16.9% 0.1% -96.0% +100.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹649 Cr ₹459 Cr ₹453 Cr -29.4%
Operating Profit ₹153 Cr ₹-18 Cr ₹-21 Cr -111.9%
OPM % 23.52% -3.95% -4.63% -116.8%
NPM % 18.75% -5.82% -5.68% -131.0%
Other Income ₹190 Cr ₹8 Cr ₹6 Cr -96.0%
Depreciation ₹14 Cr ₹12 Cr ₹13 Cr -11.2%
Interest ₹4 Cr ₹4 Cr ₹4 Cr -10.9%
EBIT ₹139 Cr ₹-30 Cr ₹-34 Cr -121.9%
PBT ₹151 Cr ₹-26 Cr ₹-31 Cr -117.4%
Tax ₹-0 Cr ₹1 Cr ₹-5 Cr +275.2%
Net Profit ₹122 Cr ₹-27 Cr ₹-26 Cr -121.9%
EPS ₹164.80 ₹-35.11 ₹-33.63 -121.3%
Material Cost ₹82 Cr ₹63 Cr ₹138 Cr -22.7%
Employee Cost ₹19 Cr ₹18 Cr ₹36 Cr -5.0%
Extraordinary Items ₹0 Cr — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 4444 +0.0%
Reserves 228232434299 -31.1%
Borrowings 1321405334 -35.8%
Other Liabilities 15122323094 -59.1%
Total Liabilities 515599721431 -40.2%
Fixed Assets 226254223170 -23.8%
CWIP 4246 +50.0%
Investments 009661 -36.5%
Other Assets 284343398193 -51.5%
Total Assets 515599721431 -40.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 3644-5640 +171.4%
Cash from Investing Activity -28-388017 -78.8%
Cash from Financing Activity -9-9-19-58 -205.3%
Net Cash Flow -1-46-1 -116.7%
Free Cash Flow 60-9714 +114.4%
CFO/OP 270%116%90%-226% -351.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 80767047 -32.9%
Inventory Days 889514780 -45.6%
Days Payable 69728149 -39.5%
Cash Conversion Cycle 999913678 -42.6%
Working Capital Days 38369773 -24.7%
ROCE % 1%8%33%-5% -115.2%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 65.35%65.35%65.35%65.35%65.35% +0.0%
FIIs 0.01%0.00%0.00%0.00%— —
Government 0.00%0.00%0.02%0.00%— —
Public 34.64%34.64%34.62%34.65%34.65% +0.0%
No. of Shareholders 13,96913,99313,85513,95814,123 +1.2%

⚖️ Peer comparison

Industry: Dry Cells · 2 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 EVEREADY Eveready Industries ₹333.95 2,427 14.2 1,455 172 11.3% 11.8% 8.2% 108.4% 9.3% 1262.8%
2 NIPPOBATRY Indo-National ₹322.95 242 — 453 -26 -4.6% -5.7% -29.4% -121.9% -4.5% 88.2%
❓ Frequently asked questions
What was Indo-National Limited's revenue in Q1 FY27?
Indo-National Limited reported revenue of ₹116 crore for the quarter ended June 2026 (Q1 FY27), down 4.5% from ₹122 crore in the same quarter last year, and up 8.4% sequentially over the March 2026 quarter.
What was Indo-National Limited's net profit in Q1 FY27?
Net profit rose 88.2% year-on-year to ₹2 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹2.85.
What is NIPPOBATRY's market capitalisation and P/E ratio?
At the current price of ₹308.95, NIPPOBATRY has a market capitalisation of ₹232 crore.
Who owns Indo-National Limited? (shareholding pattern)
As of Sep 2026, promoters held 65.35%, public shareholders 34.65% of Indo-National 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