| Annual Financials | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
Revenue  | 0 | 2 | 0 | 9 | 1 | 0 | 0 | 0 |
| Expenses | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 |
| EBITDA | -1 | 1 | -0 | 9 | 0 | 0 | -0 | -1 |
| Operating Profit % | -4,798 % | -7,511 % | -5,364 % | -1,357 % | -146 % | -78 % | -399 % | -1 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 |
| Profit Before Tax | -1 | 1 | -2 | 7 | 1 | -1 | -1 | -2 |
| Tax | 1 | -1 | 0 | 2 | -0 | -0 | -0 | 0 |
| Net Profit | -3 | 2 | -2 | 5 | 1 | -1 | -1 | -2 |
| EPS in ₹ | -28.03 | 21.67 | -21.61 | 54.41 | 7.56 | -6.20 | -9.44 | -16.40 |
India Radiators
India Radiators
15.87
0.00
(0.00%)
Market Cap
1.40 Cr
PE Ratio
-0.97
Volume
350.00
Day High - Low
15.87 - 15.87
52W High-Low
15.87 - 11.30
Key Fundamentals
Market Cap
1.40 Cr
EPS
-16.40
PE Ratio
-0.97
PB Ratio
-0.22
Book Value
-71.61
EBITDA
-0.84
Dividend Yield
0.00 %
Industry
Automobiles Sector
Auto Components Return on Equity
229.39
Debt to Equity
0.00
Actual
Company News
View All News
India Radiators Limited's Scheme of Amalgamation with Mercantile Ventures Limited has been disposed of by the NCLT. The company is awaiting the certified copy of the order.
India Radiators FY26 Results
May 25, 2026
May 25, 2026India Radiators reported a net loss of ₹147.58 lakh for FY26, widening from ₹84.92 lakh in FY25. Revenue from operations remained flat at ₹6.32 lakh.
India Radiators Receives BSE 'No Adverse Observation' for Merger with Mercantile VenturesOct 15, 2025
Oct 15, 2025India Radiators Limited received a 'No Adverse Observation' letter from BSE Limited regarding its proposed amalgamation with Mercantile Ventures Limited. The BSE issued this observation letter under Regulation 37 of the Listing Regulations, which allows the company to proceed with filing the scheme before the National Company Law Tribunal (NCLT). The merger scheme was previously approved by Mercantile Ventures' Board of Directors and requires various regulatory approvals. SEBI provided 12 specific comments and conditions that must be addressed, including disclosure of ongoing legal proceedings, compliance with regulatory circulars, and ensuring financial information is not more than 6 months old. The observation letter has a validity of six months from October 14, 2025, within which the scheme must be submitted to NCLT. BSE reserves the right to withdraw its observation if any information is found incomplete or misleading.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
144.06 | #1 1,52,047.30 | #1 37.00 | #1 1,26,414.20 | 10.68 | #1 4,086 | 40.00 | 51.40 | |
41,695.00 | 1,22,973.73 | 44.47 | 20,888.70 | 10.51 | 2,770 | 2.98 | 65.19 | |
2,145.60 | 1,02,578.70 | 92.85 | 16,811.70 | 9.62 | 1,107 | -17.41 | 61.76 | |
1,152.30 | 66,552.11 | 52.39 | 19,692.00 | 17.19 | 1,284 | 21.65 | 58.35 | |
4,134.70 | 64,626.88 | 52.59 | 9,834.10 | 17.76 | 1,150 | 25.64 | 50.89 | |
2,921.10 | 56,541.48 | 51.23 | 22,221.20 | 12.03 | 1,095 | #1 47.91 | 40.68 | |
670.85 | 41,728.77 | 66.01 | 4,572.10 | 24.19 | 629 | 14.17 | 71.23 | |
2,698.20 | 37,953.65 | 39.70 | 14,595.90 | #1 24.99 | 952 | 12.81 | 57.52 | |
423.40 | 35,989.00 | 41.95 | 18,096.20 | 4.30 | 860 | 15.33 | 67.30 | |
40.54 | 26,884.76 | 42.73 | 11,428.70 | 22.47 | 621 | 1.46 | 55.49 |
Growth Rate
Revenue Growth
-40.00 %
Net Income Growth
111.25 %
Cash Flow Change
-133.33 %
ROE
-297.05 %
ROCE
461.54 %
EBITDA Margin (Avg.)
-
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| Total Assets | 24 | 12 | 12 | 12 | 12 | 18 | 18 | 18 |
| Fixed Assets | 19 | 12 | 12 | 12 | 12 | 18 | 18 | 18 |
| Current Assets | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity & Liabilities | 24 | 12 | 12 | 12 | 12 | 18 | 18 | 18 |
| Current Liabilities | 15 | 9 | 10 | 2 | 1 | 1 | 1 | 2 |
| Non Current Liabilities | 12 | 11 | 12 | 14 | 15 | 17 | 18 | 18 |
| Total Equity | -3 | -7 | -9 | -4 | -4 | 1 | -0 | -2 |
| Reserve & Surplus | -3 | -8 | -10 | -5 | -5 | -0 | -1 | -3 |
| Share Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Activities | 0 | 0 | 0 | 0 | -5 | 5 | 0 | 0 | 1 | 0 | 0 |
| Operating Activities | -1 | 1 | 0 | 0 | 5 | -5 | 0 | 0 | -1 | 0 | 0 |
| Financing Activities | 1 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Holding
| % Holding | Jun 2003 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Jul 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
| Promoter | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.41 % | 38.74 % | 38.74 % | 38.74 % | 38.74 % | 38.74 % | 38.74 % | 38.74 % | 38.74 % |
| FIIs | 0.00 % | 5.13 % | 5.13 % | 0.00 % | 5.13 % | 5.13 % | 5.13 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 5.13 % | 0.00 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % | 5.13 % |
| DIIs | 4.45 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 4.45 % | 4.45 % | 0.00 % | 4.45 % | 3.27 % | 3.27 % | 3.27 % | 3.27 % | 3.27 % | 3.15 % | 3.15 % | 3.15 % | 3.15 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 45.88 % | 45.90 % | 45.90 % | 45.90 % | 45.90 % | 45.89 % | 45.89 % | 45.87 % | 45.87 % | 45.89 % | 45.88 % | 45.88 % | 46.21 % | 45.87 % | 46.72 % | 46.72 % | 46.72 % | 46.71 % | 46.71 % | 46.83 % | 46.66 % | 46.66 % | 46.66 % |
| Others | 11.26 % | 10.56 % | 10.56 % | 15.69 % | 10.56 % | 10.57 % | 10.57 % | 15.71 % | 15.72 % | 15.70 % | 11.26 % | 6.14 % | 15.37 % | 6.14 % | 6.47 % | 6.15 % | 6.15 % | 6.16 % | 6.16 % | 6.16 % | 6.33 % | 6.33 % | 6.33 % |
| No of Share Holders | 4,495 | 4,515 | 4,515 | 4,521 | 4,521 | 4,519 | 4,514 | 4,512 | 4,509 | 4,503 | 4,495 | 4,487 | 4,479 | 4,478 | 4,472 | 4,468 | 4,467 | 4,461 | 4,462 | 4,462 | 4,461 | 4,453 | 4,453 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 20 Sept 2024 |  Annual General Meeting | NA | 20 Sept 2024 | 8.06 | 8.06 |
| 06 Nov 2024 |  Quarterly Result Announcement | NA | 06 Nov 2024 | 8.46 | 8.46 |
| 10 Feb 2025 | Quarterly Result Announcement | NA | 10 Feb 2025 | 9.32 | 9.32 |
| 23 May 2025 | Quarterly Result Announcement | NA | 23 May 2025 | 10.77 | 10.77 |
| 31 Jul 2025 | Quarterly Result Announcement | NA | 31 Jul 2025 | 10.77 | 10.77 |
| 24 Sept 2025 | Annual General Meeting | NA | 24 Sept 2025 | 10.77 | 11.86 |
| 24 Oct 2025 | Quarterly Result Announcement | NA | 24 Oct 2025 | 11.86 | 11.86 |
| 03 Feb 2026 | Quarterly Result Announcement | NA | 03 Feb 2026 | 13.07 | 13.07 |
| 13 Mar 2026 |  Extraordinary General Meeting | NA | 13 Mar 2026 | 13.07 | 14.40 |
| 25 May 2026 | Quarterly Result Announcement | NA | 25 May 2026 | 14.40 | 14.40 |
Announcements
Corporate Action-Amalgamation/ Merger / Demerger8 hrs ago
8 hrs agoAnnouncement under Regulation 30 (LODR)-Scheme of Arrangement8 hrs ago
8 hrs agoAnnouncement under Regulation 30 (LODR)-Scheme of Arrangement6 days ago
6 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20186 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Scheme of Arrangement7 days ago
7 days agoClosure of Trading WindowJun 29, 2026
Jun 29, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 11, 2026
Jun 11, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 26, 2026
May 26, 2026Audited Financial Results For The Quarter And Year Ended 31St March 2026May 25, 2026
May 25, 2026Board Meeting Outcome for Board Meeting Outcome For Approving The Audited Financial Results For The Quarter And Year Ended 31St March 2026May 25, 2026
May 25, 2026Board Meeting Outcome Approving The Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026.May 25, 2026
May 25, 2026Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 22, 2026
May 22, 2026Board Meeting Intimation for Approving The Audited Financial Statements Of The Company For The Quarter And Financial Year Ended 31St March 2026.May 18, 2026
May 18, 2026Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 21, 2026
Apr 21, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 15, 2026
Apr 15, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 03, 2026
Apr 03, 2026Closure of Trading WindowMar 26, 2026
Mar 26, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementMar 23, 2026
Mar 23, 2026Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 17, 2026
Mar 17, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementMar 13, 2026
Mar 13, 2026Shareholder Meeting / Postal Ballot-Outcome of Court Convened MeetingMar 13, 2026
Mar 13, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 10, 2026
Feb 10, 2026Court Convened Equity Shareholders Meeting On 13Th March 2026 At 10.00 A.M.Feb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementFeb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementFeb 05, 2026
Feb 05, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 04, 2026
Feb 04, 2026Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025Feb 03, 2026
Feb 03, 2026Board Meeting Outcome for Approving The Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025Feb 03, 2026
Feb 03, 2026Outcome Of Board MeetingFeb 03, 2026
Feb 03, 2026Board Meeting Intimation for The Quarter And Nine Months Ended 31St December 2025Jan 27, 2026
Jan 27, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2026
Jan 08, 2026Closure of Trading WindowDec 29, 2025
Dec 29, 2025Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Filing Of Application (Form NCLT -1) With The HonBle National Company Law Tribunal.Dec 05, 2025
Dec 05, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 25, 2025
Oct 25, 2025Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30 September 2025Oct 24, 2025
Oct 24, 2025Board Meeting Outcome for Outcome Of Board MeetingOct 24, 2025
Oct 24, 2025Board Meeting Outcome Approving The Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025Oct 24, 2025
Oct 24, 2025Board Meeting Intimation for The Quarter And Half Year Ended 30 September 2025Oct 17, 2025
Oct 17, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementOct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Oct 07, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 25, 2025
Sep 25, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 24, 2025
Sep 24, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 30, 2025
Aug 30, 2025Reg. 34 (1) Annual Report.Aug 29, 2025
Aug 29, 2025Notice Of The 75Th Annual General Meeting Of The Company To Be Held On Wednesday 24Th September 2025 At 02.30 PM (IST)Aug 29, 2025
Aug 29, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2025
Aug 15, 2025The 75Th Annual General Meeting (AGM) Of The Company Is Scheduled To Be Held On Wednesday 24Th September 2025 At 02.30 PM Through Video Conferencing (VC)/ Other Audio- Visual Means (OAVM).Aug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 31, 2025
Jul 31, 2025Technical Indicators
RSI(14)
Overbought 100.00
ATR(14)
Less Volatile 0.45
STOCH(9,6)
Overbought 100.00
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bullish 0.57
ADX(14)
Extremely Strong Trend 100.00
UO(9)
Bearish 100.00
ROC(12)
Uptrend And Accelerating 70.28
WillR(14)
Overbought 0.00
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
