India Nippon FY26 profit rises 35.1% to ₹1,112 crore
India Nippon Electricals Limited posted a net profit of ₹1,112 crore for FY26, a 35.1% increase, driven by a 26.5% rise in revenue to ₹10,685 crore and an exceptional gain of ₹152 crore. For Q4FY26, net profit rose 47.4% to ₹398 crore on revenue of ₹2,995 crore. The company maintained its market leadership in the Fly Wheel Magneto segment and achieved sales of over ₹1,000 crore. The board declared an interim dividend of ₹15.50 per share and approved several auditor and director re-appointments.

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[India Nippon Electricals Limited](india nippon electricals) reported a net profit of ₹1,112 crore for the financial year ended March 31, 2026, marking a 35.1% increase from ₹823 crore in the previous year. Revenue from operations for the year grew 26.5% to ₹10,685 crore, compared to ₹8,448 crore in FY25. The strong performance was bolstered by an exceptional gain of ₹152 crore recognized as compensation for the compulsory acquisition of land in Gurugram by Haryana Shahari Vikas Pradhikaran.
For the quarter ended March 31, 2026, the company reported a net profit of ₹398 crore, a 47.4% rise from ₹270 crore in the corresponding quarter of the previous year. Quarterly revenue increased 28.1% to ₹2,995 crore. The board declared an interim dividend of ₹15.50 per equity share for the year 2025-26, with a record date fixed as February 20, 2026.
Financial Performance
The company's EBITDA for FY26 stood at ₹1,222 crore, up from ₹952 crore in the prior year, with margins expanding to 11.44% from 11.27%. Profit before tax for the year was ₹1,459 crore, compared to ₹1,029 crore in FY25. Total expenses increased to ₹9,463 crore from ₹7,496 crore.
Operational Highlights
The operations of the company relate to a single segment: electrical and electronic products for two/three wheelers and engines. The company achieved a significant milestone with sales crossing ₹1,000 crore during FY26. Q4 sales grew 28% year-on-year, outpacing the two-wheeler industry growth of 19%. The company retained the No. 1 market position in the Fly Wheel Magneto segment.
| Metric | FY26 (₹ in Cr) | FY25 (₹ in Cr) | Change |
|---|---|---|---|
| Revenue from Operations | 10,685 | 8,448 | +26.5% |
| Net Profit | 1,112 | 823 | +35.1% |
| EBITDA | 1,222 | 952 | +28.4% |
| Total Expenses | 9,463 | 7,496 | +26.2% |
| Profit Before Tax | 1,459 | 1,029 | +41.8% |
Governance and Appointments
The Board of Directors approved the re-appointment of Mr. K Suryanarayanan as Cost Auditor for FY 2026-27. Additionally, M/s PKF Sridhar & Santhanam LLP were appointed as Internal Auditors for the same period. The board also approved the re-appointment of Mr. Heramb R Hajarnavis and Ms. Gangapriya Chakraverti as Independent Directors for a second term of five years effective August 10, 2026, subject to shareholder approval.
Historical Stock Returns for India Nippon Electricals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.26% | +6.19% | +17.31% | +17.32% | +27.44% | +147.41% |
Can the company sustain its 28% sales growth rate given the broader two-wheeler industry grew at only 19%?
How does India Nippon Electricals plan to utilize the ₹152 crore exceptional gain from the land acquisition?
What strategies are in place to further expand EBITDA margins beyond the current 11.44%?


































