India Nippon Electricals Ltd will convene its 41st Annual General Meeting on July 30, 2026, at 10:00 a.m. IST through video conferencing. The meeting will be conducted in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders can participate remotely without a physical presence at a common venue.

The notice of the AGM and the financial statements for the year ended March 31, 2026, will be sent exclusively by email to members whose email IDs are registered with the company or depository participants. Members can access the meeting instructions and e-voting details on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

Shareholders holding physical shares who have not registered their email addresses must submit specific documents to the company’s registrar. Required documents include a signed request letter, a scanned copy of the share certificate, a self-attested PAN copy, and address proof such as a driver's license or Aadhaar card.

The company has also urged shareholders holding physical shares to update their bank mandates for electronic dividend payments. Members need to provide bank account details, an 11-digit IFSC code, and a self-attested cancelled cheque to register for direct credit.

India Nippon Electricals further requested that shareholders with physical holdings convert their shares into dematerialized form. This conversion is necessary to avail the inherent benefits of dematerialization and ensure seamless participation in corporate actions.

[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.

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.