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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
India Nippon Electricals Limited is an India-based manufacturer within the automotive industry, specializing in producing electronic ignition systems. The Company operates through a single segment, which is electrical and electronic products for two/three wheelers and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
An exceptional, fast-growing business, fairly priced.
India Nippon Electricals is scored on the general / industrial framework. It keeps a healthy 10.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.36×) — worth a closer look. Free cash flow is worth about 0.9% of its market value.
Over the last 3 years revenue compounded at 17%/yr and profit at 32%/yr. Book value has grown 14%/yr. Return on equity is a modest 11.9%. In the latest quarter profit grew 60% versus the prior quarter.
At 23× earnings, the stock sits at the 45th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~4%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 13.88 | 38.56 | better |
| P/B | 1.88 | 4.21 | better |
| EV/EBITDA | 9.36 | 18 | better |
| ROE | 11.9 | 13.33 | worse |
| ROCE | 16.88 | 11.96 | better |
| ROA | 13.44 | 5.52 | better |
| Quick Ratio | 2.05 | 3.56 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
Revenue has grown every year across all 4 financial years shown. 17% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (32% vs 17%) — margin expansion is at work. The latest year saw a +35% swing — check if it's a one-off or structural.
Operating margin has expanded from 9% to 13% — the business is keeping more of each rupee earned.
ROE at 14% — a respectable return on shareholder capital.
EPS has grown every year — each share earns more than the last, consistently. 32% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 0.4× PAT — reported profit isn't translating into cash, raising earnings quality questions. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 8% sequentially — momentum is building. Run-rate stepping up — recent quarters average 13% above earlier ones.
Profit jumped 60% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (10% → 13%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 70.4% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.