IKIOConsumer Discretionary

IKIO Technologies Limited

Consumer Electronics · ISIN INE0LOJ01019 · BSE 543923 · NSE EQ · FV ₹10
Last price
₹206
+1.50%today
What this company does

IKIO Technologies Limited operates in Consumer Electronics, part of the Consumer Discretionary sector. It booked ₹169 cr of revenue in its latest quarter (Q1 FY27) and kept 6.4% of sales as profit. It is the 4th largest of 9 Consumer Electronics companies we track, by market value.

The collective behind the vision Behind every product we have shipped This evolution is now reflected in our and every market we have entered identity, from IKIO Lighting Limited to are people who made it possible. IKIO Technologies Limited. The name Over 25 years, it is not only our has changed. The people who earned capabilities that have grown, but also it have not.
In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 63–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet75

How much it owes, and whether earnings cover the interest

Cash quality28

Whether reported profit actually arrives as cash

Growth & consistency67

Whether sales and profit have grown, and how steadily

Valuation23

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 41% vs last year
Profit up 410% vs last year
Promoters hold 73%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 6.4% net margin
! Low 7.2% return on equity

What if I invest in IKIO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹206 +1.50%
latest close · 2026-09-17
52-wk low ₹18542 sessions so far52-wk high ₹239
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio36.8High
LowAverageHigh
P/B ratio2.64Moderate
Below bookModerateHigh
EV / EBITDA15.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.2%Weak
WeakFairStrong ▸15%
Return on capital11.8%Fair
WeakFairStrong
Net margin6.4%Decent
ThinDecentStrong
EBITDA margin15.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Interest cover10.1×Strong
RiskyOkayStrong ▸5×
Current ratio3.15Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,591 cr
Book value
₹78
EPS
₹1.40
latest quarter
Net debt
₹19 cr
owes more than its cash
Enterprise value
₹1,610 cr
EBITDA
₹105 cr
annualised
EBIT
₹75 cr
annualised
Operating margin
11.1%
Return on assets
5.6%
Earnings yield
2.72%
P/S
2.35
Sales / share
₹87.6
Tax rate
34.6%
Face value
₹10
Shares
7.7 cr
Working capital
₹282 cr
Current assets
₹414 cr
Current liabilities
₹131 cr
Delivery %
30.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹100 vs market price ₹206 — price is 106% above it
Safety cushion-106.2%(target ≥ +20%)
Models span ₹41₹110, midpoint ₹100
Model ₹100
Price ₹206
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹169 cr
Other Income₹4 cr
Total Income₹174 cr
Cost of Materials₹94 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹-3 cr
Employee Benefit Expense₹28 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹7 cr
Other Expenses₹20 cr
Total Expenses₹157 cr
Profit before Tax₹17 cr
Tax Expense₹6 cr
Net Profit₹11 cr
Net margin on total income6.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹100 cr57.4%
Employee benefit expense₹28 cr16.3%
Finance costs₹2 cr1.1%
Depreciation & amortisation₹7 cr4.3%
Other expenses₹20 cr11.3%
Tax expense₹6 cr3.4%
Profit for the period₹11 cr6.4%
Total income ₹174 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue146 cr165 cr169 cr
Total income149 cr171 cr174 cr
Expenses134 cr150 cr157 cr
Profit before tax15 cr21 cr17 cr
Tax4 cr3 cr6 cr
Net profit (owners' share)9 cr16 cr11 cr
Net margin (owners' share, on revenue)6.3%10.0%6.4%
EPS (₹)1.392.131.40
YoY (latest quarter): total income +42.0% · net profit +409.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹767 cr
Shareholder equity
₹602 cr
parent shareholders
Total debt
₹41 cr
Cash
₹22 cr
Cash flow · H1 FY26
Operating
₹5 cr
Investing
₹-3 cr
Financing
₹-2 cr
Peer comparison
Consumer Electronics · by market value
CompanyPriceMarket capP/E
Dixon Technologies (India) Limited₹13,290₹81,202 cr28.2
Havells India Limited₹1,092₹68,534 cr59.0
PG Electroplast Limited₹529₹15,118 cr49.6
IKIO Technologies Limitedthis company₹206₹1,591 cr36.8
Onida Electronics Limited₹32₹1,193 cr
Universus Photo Imagings Limited₹614₹672 cr3.7
Veto Switchgears And Cables Limited₹133₹253 cr10.7
BPL Limited₹46₹225 cr
Khaitan (India) Limited₹155₹74 cr7.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 13 Aug 2024
ActionDetailEx-date
Dividend₹1 / share13 Aug 2024
Who owns it · 2026-06-30
No pledge
Promoter
72.5%
FII / Foreign
0.7%
DII / Domestic
0.9%
Retail / others
25.9%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtHardeep Singh · Promoters30,000 · ₹33.5 L27 Mar 26
BoughtHardeep Singh · Promoters10,100 · ₹11.8 L25 Mar 26
BoughtHARDEEP SINGH · Promoters10,000 · ₹27.2 L7 Jun 24
Bulk / block deals
BoughtQE SECURITIES LLP · NSE4.41 L @ ₹224.8717 Jul 26
SoldQE SECURITIES LLP · NSE4.32 L @ ₹225.6717 Jul 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.92 L @ ₹226.7117 Jul 26
Stake changes
BoughtPortfolio Management Clients of Equity intelligence India Pvt Ltd→ 5.02% · 3.74 L21 Mar 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 21 Aug 2025
See the official result
1
(a) To receive, consider and adopt the audited standalone financial statements of the Company for the Financial Year ended March 31st, 2025 together with Reports of Directors and Auditors thereon, and (b) To receive, consider and adopt the audited consolidated financial statements of the Company for the Financial Year ended March 31st, 2025 together with Reports of Auditors thereon and, if thought fit, to pass with or without modification (s), the following resolution as an Ordinary Resolution:
Backed by 100% of shareholders other than promotersneeded 50%
15.22 L votes for, 972 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Mr. Sanjeet Singh (DIN: 08353656), who retires by rotation and being eligible, offers himself for re-appointment and, if thought fit, to pass with or without modification (s), the following resolution as an Ordinary Resolution:
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
15.21 L votes for, 1,543 against · 0% of mutual funds and other big investors said no
3
Appointment of MAKS And Co., Company Secretaries, as a Secretarial Auditor of the Company and fix their remuneration and, if thought fit, to pass with or without modification (s), the following resolution as an Ordinary Resolution:
Backed by 100% of shareholders other than promotersneeded 50%
15.22 L votes for, 1,062 against · 0% of mutual funds and other big investors said no
4
Appointment of Mr. Sanjeet Singh, Whole time Director (DIN: 08353656) as 2 Chief Executive Officer of the company and designate him as a group CEO of the IKIO Group and, if thought fit, to pass with or without modification (s), the following resolution as an Ordinary Resolution:
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
15.11 L votes for, 12,045 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 72.5% between them · as of 2026-06-30
HARDEEP SINGH42.78%
SURMEET KAUR29.76%
HARJEET SINGHno shares
ISHWEEN KAURno shares
Business done with them
FY2026 · 2 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 1.0% of its ₹595 cr revenue and received ₹2 cr back from them.
SURMEET KAUR
Transfers Under Finance Agreements To Entity · Director remuneration Loan taken Loan repayment Repayment of advance
also owns 29.76% of the company
₹4 cr
company paid
SURMEET KAUR
Transfers Under Finance Agreements From Entity · Director remuneration Loan taken Loan repayment Repayment of advance
also owns 29.76% of the company
₹2 cr
company received
SURMEET KAUR
Other payments to them · Director remuneration Loan taken Loan repayment Repayment of advance
also owns 29.76% of the company
₹1 cr
company paid
ISHWEEN KAUR
Other payments to them · Salary relatives Loan repayment
₹90 L
company paid
ISHWEEN KAUR
Transfers Under Finance Agreements To Entity · Salary relatives Loan repayment
₹11 L
company paid

The company also transacted with 11 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹350 cr raised in Jun 2023 by selling shares to the public

As of Jun 2026, the company says it has spent 91% of what it set aside, leaving ₹29 cr still to be spent. CRISIL RATINGS LIMITED watches the spending on the exchange’s behalf.

Repayment/prepayment, in full or part, of certain borrowings availed by Company and its Subsidiaries on consolidated basis
100%
₹50 cr of ₹50 cr
Investment in wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh
86%
₹183 cr of ₹212 cr
General Corporate Purposes (GCP)
100%
₹64 cr of ₹64 cr
Spent by quarter: 75%78%83%88%91% (to Jun 2026) · 1 earlier quarter is left out because the company restated its figures

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.