Indo-National Limited
NSE: NIPPOBATRYINE567A01028·Fast Moving Consumer Goods·www.nippo.in ↗·Mcap ₹248 Cr·Listed 1999
₹320.15▼ ₹4.40  (−1.36%)
52W: ₹257 – ₹470 · Vol: 1.6K shares · Close 25 Sept
Set Alert

Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
₹ croreQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24Q1 FY24Q4 FY23Q3 FY23Q2 FY23Q1 FY23Q4 FY22Q3 FY22Q2 FY22Q1 FY22Q4 FY21Q3 FY21Q2 FY21Q1 FY21Q4 FY20Q2 FY20Q4 FY18
Revenue from operations11610710612011997.112212812116916817213214314914913112117217210512915516072.759.51400
Other income0.91.62.31.62.23.21.83.41822.62.82.62.12.40.71.31.12.68.54.13.655.54.34.44.84.20
Total expenses12012911712012010313612913815916317213714615115113713217016010612614114469.558.81260
EBITDA0.1−18.1−6.842.8−1.9−11.20.9−10.117.713.27.72.14.56.54.4−0.8−5.48185.49.219.821.95.63.621.90
EBITDA margin0.1%-16.9%-6.4%3.3%2.3%-2.0%-9.2%0.7%-8.3%10.4%7.9%4.5%1.6%3.2%4.3%3.0%-0.6%-4.5%4.7%10.5%5.1%7.1%12.8%13.7%7.7%6.0%15.6%–
Finance costs0.90.60.60.70.610.1−0.52.63.33.43.83.33.23.12.52.42.332.62.833.33.311.54.30
Depreciation3.43.33.33.33.22.92.92.94.54.74.54.44.14.65.33.63.53.33.53.33.23.23.23.11.31.430
Profit before tax−3.2−20.5−8.51.51.2−2.6−12.41.916412.38.12.1−3.2−0.8−1.2−0.4−5.6−8.410.116.237.918.819.97.7−23.718.80
Tax−5.20.5−0.60.40.1−2.7−0.3−0.332.73.22.3−0.90.20.800.3−1.1−1.43.34.6137.75.52−5.95.60
Net profit2−21−7.91.110.1−12.12.21329.15.83−3.3−1.6−1.3−0.6−4.8−7.36.511.62.14.911.214.45.7−17.813.20
Net margin1.7%-19.6%-7.4%0.9%0.9%0.1%-9.9%1.7%108.8%5.4%3.5%1.8%-2.5%-1.1%-0.8%-0.4%-3.6%-6.0%3.8%6.7%2.0%3.8%7.2%9.0%7.8%-29.9%9.4%–
EPS (₹)2.85-27.87-10.461.851.370.11-16.092.89178.113.204.595.73-0.70-3.47-1.490.11-2.74-8.983.8123.557.9713.4127.3931.8415.16-47.5226.580.00
Net profit YoY+96.1%−25739.9%+34.9%−47.6%−99.2%−99.1%−306.5%−28.7%+4060.1%+660.5%+567.5%+579.3%+30.0%+77.7%−119.3%−105.5%−329.9%−248.7%−42.0%−19.5%−63.6%+127.4%–+9.0%––––

Annual results

financial years ending March · from the fourth-quarter filings
₹ croreFY26FY25FY24FY23FY22FY21FY20FY18
Revenue from operations452467641572570532330403
Other income7.619010.15.518.818.418.315.3
Total expenses486506631585568500318375
EBITDA−18.2−22.340.714.626.157.32342.4
EBITDA margin-4.0%-4.8%6.4%2.6%4.6%10.8%7.0%10.5%
Finance costs2.63.213.811.210.813.35.55
Depreciation13.113.217.616.913.212.65.69.4
Profit before tax−26.315119.4−820.949.8143.4
Tax0.429.34.8−07.517.30.512.4
Net profit−26.712214.6−812.832.50.531
Net margin-5.9%26.1%2.3%-1.4%2.3%6.1%0.1%7.7%
EPS (₹)-35.12165.0212.83-7.5910.5981.011.3059.71
Net profit YoY−121.9%+733.1%+283.2%−162.2%−60.5%+6585.7%––
EPS is as filed for each period and is not restated for later bonus issues or splits.

Cash flow

annual · ₹ crore
₹ croreFY26FY25FY24FY23FY22
Operating cash flow40.4−55.843.635.935
Investing cash flow16.880.5−38.3−27.6−35.4
Financing cash flow−58.2−18.8−9.4−9.4−19.7
Capital expenditure2841.744.730.951.9
Free cash flow (CFO − capex)12.3−97.4−1.25.1−16.9

Net profit trend

annual, ₹ crore
FY21
₹32.5
FY22
₹12.8−61%
FY23
₹−8−162%
FY24
₹14.6+283%
FY25
₹122+733%
FY26
₹−26.7−122%

Result filings

as filed with NSE · PDF and XBRL
PeriodBasisFiledDocuments
Q1 FY27Consolidated14 Aug 2026PDF on NSE XBRL
Q1 FY27Standalone14 Aug 2026PDF on NSE XBRL
Q4 FY26Consolidated · audited15 May 2026PDF on NSE XBRL
Q4 FY26Standalone · audited15 May 2026PDF on NSE XBRL
Q3 FY26Consolidated4 Feb 2026PDF on NSE XBRL
Q3 FY26Standalone4 Feb 2026PDF on NSE XBRL
Q2 FY26Consolidated–PDF on NSE XBRL
Q2 FY26Consolidated30 Oct 2025PDF on NSE XBRL
Q2 FY26Consolidated–PDF on NSE XBRL
Q2 FY26Standalone–PDF on NSE XBRL

Annual reports

NSE archive
Key ratios
P/E (TTM)5Y avg 15.4×-9.3×
P/B5Y avg 1.10×0.79×
ROEFY26, on average equity-7.2%
Net margin-5.9%
Debt / equity0.11×
Revenue CAGR (3Y)-7.5%
Profit CAGR (3Y)–
EPS (TTM)₹-34.28
Market cap₹240 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.79×
vs 8-point avg 1.10× (−28%)
0.64× low1.10× avg1.75× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹431 Cr−40%
Net worth₹303 Cr−31%
Total borrowings₹34 Cr−35%
Cash & bank balances₹6 Cr−15%
Investments₹61 Cr−37%
Inventories₹61 Cr−48%
Trade receivables₹58 Cr−35%
Trade payables₹38 Cr−42%
Change vs the same date a year earlier.
Revenue mix FY26
consumer goods99.7%result ₹−7.4 Cr
airpurifier0.3%result ₹−0.8 Cr
Segment revenue as reported, before inter-segment eliminations.
Shareholding 30 Jun 2026
%Jun 26Mar 26Dec 25Sept 25Jun 25Mar 25Dec 24Sept 24Jun 24Mar 24Dec 23Sept 23
Promoter65.3565.3565.3565.3565.3565.3565.3565.3565.3565.3565.3565.35
FII0.000.000.000.000.010.000.000.050.000.040.000.00
Retail29.2429.2429.2829.2729.2429.2428.9928.3927.9927.1827.2927.74
Other public5.415.415.375.385.405.415.666.216.667.437.366.91
14,297 shareholders · NSE shareholding pattern filings.