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
-4.8% YoY
₹0 Cr
Operating Profit · Jun 2026
-88.5% YoY
0.3%
OPM % · Jun 2026
-89.3% YoY
₹2 Cr
Net Profit · Jun 2026
+41.0% YoY
₹3.05
EPS · Jun 2026
+41.2% 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 4.8% from ₹122 crore in the same quarter last year, and up 8.9% sequentially over the March 2026 quarter.

Net profit rose 41.0% year-on-year to ₹2 crore, from ₹2 crore. Earnings per share (EPS) came in at ₹3.05.

Operating profit stood at ₹0 crore — an operating margin (OPM) of 0.3%, compared with 2.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Indo-National Limited posted revenue of ₹457 crore, a decline of 0.5% over FY25, with a net loss of ₹10 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹451 crore with a net loss of ₹10 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 ?
1.09
P/S ?
0.51
P/FCF ?
-10.53
Enterprise Value ?
₹433 Cr
EV/EBITDA ?
-66.47
PEG ?
N/A
Earnings Yield ?
-4.6%
Dividend Yield ?
1.62%
Profitability & Returns
Sales (TTM) ?
₹451 Cr
OPM ?
-1.4%
Profit after tax (TTM) ?
₹-10 Cr
EPS (TTM) ?
₹-12.97
ROCE ?
-2.0%
ROE ?
-4.6%
ROA ?
-2.0%
Growth
Sales — latest qtr ?
₹116 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
-4.8%
YoY qtr profit growth ?
41.0%
Sales growth (3y) ?
4%
Sales growth (5y) ?
3%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹201 Cr
Debt to Equity ?
0.95
Interest Coverage ?
-6.5
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 9510513612210411312812297122121108106116 -4.8% +8.9%
Operating Profit -13841412-136-7-50 -88.5% +107.4%
Other Income 21221132222221 -59.0% -40.5%
Interest 11111100011111 +47.3% +41.4%
Depreciation 32222333333333 +4.2% +1.8%
Profit Before Tax -3162-1120-223-7-8-3 -268.6% +61.2%
Net Profit -2152-1121-323-7-82 +41.0% +128.3%
EPS -3.121.076.402.51-1.051.352.670.84-3.512.163.57-8.83-10.773.05 +41.2% +128.3%
OPM % -1.6% 2.6% 5.7% 3.2% 0.7% 3.1% 1.0% 1.2% -1.3% 2.8% 4.6% -6.7% -4.9% 0.3% -89.3% +106.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹459 Cr ₹457 Cr ₹451 Cr -0.5%
Operating Profit ₹5 Cr ₹-4 Cr ₹-7 Cr -171.2%
OPM % 1.08% -0.78% -1.44% -172.2%
NPM % 0.22% -2.28% -2.16% -1136.4%
Other Income ₹9 Cr ₹7 Cr ₹6 Cr -16.8%
Depreciation ₹11 Cr ₹13 Cr ₹13 Cr +13.9%
Interest ₹1 Cr ₹3 Cr ₹3 Cr +134.6%
EBIT ₹-6 Cr ₹-17 Cr ₹-20 Cr -155.9%
PBT ₹1 Cr ₹-10 Cr ₹-15 Cr -1036.7%
Tax ₹-1 Cr ₹1 Cr ₹-5 Cr +178.5%
Net Profit ₹1 Cr ₹-10 Cr ₹-10 Cr -1125.3%
EPS ₹1.35 ₹-13.87 ₹-12.98 -1127.4%
Material Cost ₹154 Cr ₹62 Cr ₹137 Cr -59.4%
Employee Cost ₹38 Cr ₹18 Cr ₹35 Cr -52.9%
Extraordinary Items ₹0 Cr — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 4444 +0.0%
Reserves 223225222208 -6.3%
Borrowings 2117187201 +7.5%
Other Liabilities 72927476 +2.7%
Total Liabilities 319338487490 +0.6%
Fixed Assets 117131151163 +7.9%
CWIP 1013 +200.0%
Investments 7378166138 -16.9%
Other Assets 129128169187 +10.7%
Total Assets 319338487490 +0.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 4429-534 +107.5%
Cash from Investing Activity -18-17-113-7 +93.8%
Cash from Financing Activity -26-111668 -95.2%
Net Cash Flow 00-05 —
Free Cash Flow 287-86-22 +74.4%
CFO/OP 581%209%-1,033%-313% +69.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 31343847 +23.7%
Inventory Days 81738879 -10.2%
Days Payable 36353535 +0.0%
Cash Conversion Cycle 75739191 +0.0%
Working Capital Days 5435-53-57 -7.5%
ROCE % 1%5%-1%-2% -100.0%

👥 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 4.8% from ₹122 crore in the same quarter last year, and up 8.9% sequentially over the March 2026 quarter.
What was Indo-National Limited's net profit in Q1 FY27?
Net profit rose 41.0% year-on-year to ₹2 crore, from ₹2 crore. Earnings per share (EPS) came in at ₹3.05.
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