NIPPOBATRYFast Moving Consumer Goods

Indo-National Limited

Household Products · ISIN INE567A01028 · BSE 504058 · NSE EQ · FV ₹5
Last price
₹307
+0.92%today
What this company does

Indo-National Limited operates in Household Products, part of the Fast Moving Consumer Goods sector. It booked ₹116 cr of revenue in its latest quarter (Q1 FY27) and kept 1.8% of sales as profit. It is the 3rd largest of 4 Household Products companies we track, by market value.

In the report:
42out of 100
Equitytale Health Score
Strained

Healthier than 42% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 103–149 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)
45

At close. Not part of the score.

Profitability & returns17

How much profit it earns on the money it employs

Balance sheet48

How much it owes, and whether earnings cover the interest

Cash quality25

Whether reported profit actually arrives as cash

Growth & consistency29

Whether sales and profit have grown, and how steadily

Valuation64

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
✓ Profit up 108% vs last year
✓ Promoters hold 65%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 1.8% net margin
! Low 2.8% return on equity

What if I invest in NIPPOBATRY?

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 We do not publish price targets or predict returns.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
₹307▲ +0.92%
latest close · 2026-11-04
1-year return
-37.0%
52-wk low ₹28552-wk high ₹540
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 ratio26.9Average
LowAverageHigh
P/B ratio0.76Below book
Below bookModerateHigh
EV / EBITDA63.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.8%Weak
WeakFairStrong ▸15%
Return on capital-2.8%Loss
WeakFairStrong
Net margin1.8%Thin
ThinDecentStrong
EBITDA margin0.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.11Comfortable
LowModerateHigh ▸1
Interest cover-2.6×Risky
RiskyOkayStrong ▸5×
Current ratio2.02Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹230 cr
Book value
₹403
EPS
₹2.85
latest quarter
Net debt
₹29 cr
owes more than its cash
Enterprise value
₹259 cr
EBITDA
₹4 cr
annualised
EBIT
₹-9 cr
annualised
Operating margin
-2.0%
Return on assets
2.0%
Earnings yield
3.71%
P/S
0.50
Sales / share
₹619.4
Tax rate
—
Face value
₹5
Shares
0.8 cr
Working capital
₹97 cr
Current assets
₹192 cr
Current liabilities
₹95 cr
Delivery %
74.3%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹156–₹240, midpoint ₹198

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₹116 cr
Other Income₹90.2 L
Total Income₹117 cr
Cost of Materials₹54 cr
Purchases of Stock-in-Trade₹21 cr
Inventory Change (±)₹-7 cr
Employee Benefit Expense₹18 cr
Finance Costs₹88.4 L
Depreciation & Amortisation₹3 cr
Other Expenses₹30 cr
Total Expenses₹120 cr
Profit before Tax₹-3 cr
Tax Expense₹-5 cr
Net Profit₹2 cr
Net margin on total income1.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹68 cr55.7%
Employee benefit expense₹18 cr14.5%
Finance costs₹88.4 L0.7%
Depreciation & amortisation₹3 cr2.7%
Other expenses₹30 cr24.6%
Profit for the period₹2 cr1.6%
Total income ₹117 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue106 cr107 cr116 cr
Total income109 cr109 cr117 cr
Expenses117 cr129 cr120 cr
Profit before tax-8 cr-20 cr-3 cr
Tax-61 L50.8 L-5 cr
Net profit (owners' share)-8 cr-21 cr2 cr
Net margin (owners' share, on revenue)-7.4%-19.5%1.8%
EPS (₹)-10.46-27.872.85
YoY (latest quarter): total income -3.8% · net profit +108.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹431 cr
Shareholder equity
₹303 cr
parent shareholders
Total debt
₹34 cr
Cash
₹6 cr
Cash flow · H1 FY26
Operating
₹79 cr
Investing
₹-5 cr
Financing
₹-80 cr
Peer comparison
Household Products · by market value
CompanyPriceMarket capP/E
Jyothy Labs Limited₹188₹6,912 cr22.6
Eveready Industries India Limited₹313₹2,275 cr17.8
Indo-National Limitedthis company₹304₹228 cr26.7
Ambica Agarbathies & Aroma industries Limited₹23₹39 cr35.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.22%
trailing 12 months
Dividend / share (TTM)
₹3.75
Last dividend
₹3.75
ex 21 Sep 2026
ActionDetailEx-date
Dividend₹3.75 / share21 Sep 2026
Dividend₹5 / share19 Sep 2025
Dividend₹5 / share19 Sep 2024
Dividend₹5 / share20 Sep 2023
Dividend₹5 / share19 Sep 2022
Stock splitStock Split From Rs.10/- to Rs.5/-28 Oct 2021
Who owns it · 2026-09-30
No pledge
Promoter
65.3%
FII / Foreign
0.0%
DII / Domestic
—
Retail / others
34.6%
Smart-money activity
Insider trades
SoldLakshmi Devi Jiwarajka · Promoter Group2.00 L · ₹5056 Dec 19
SoldLakshmi Devi Jiwarajka · Promoter Group6,000 · ₹27.9 L11 Jun 19
SoldLAKSHMI DEVI JIWARAJKA · Promoter Group20,000 · ₹1.0 cr31 May 19
Bulk / block deals
BoughtSHAH SHARAD KANAYALAL · NSE40,000 @ ₹591.311 Dec 24
SoldMANSI SHARE AND STOCK ADVISORS PVT LTD · NSE58,091 @ ₹660.132 May 24
BoughtMANSI SHARE AND STOCK ADVISORS PVT LTD · NSE37,596 @ ₹656.242 May 24
Stake changes
BoughtSarla Devi Khaitan · promoter→ 4.43% · 3.32 L26 Jun 25
SoldMrs Lakshmi Devi Jiwarajka · promoter→ 0.00% · 2.00 L6 Dec 19
BoughtTrustee: Piramal Trusteeship Services Private Limited Lender : Piramal Capital & Houslng Flnance llmlted→ 19.20% · 1.25 L7 Aug 19
Promoter pledges
ReleasedLender: HDFC Bank Ltd. Trustee: HDFC Bank Ltd30,000 · 0.80% held27 Oct 21
ReleasedLender: HDFC Bank Ltd. Trustee: HDFC Bank Ltd60,000 · 1.60% held27 Oct 21
ReleasedLender Piramal Capital and Housing finance and Trrustee Primal trusteeship services P Ltd2.50 L · 19.66% held1 Oct 20
What shareholders were asked to approve
5 proposals passed only on promoter votes

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 · 28 Sep 2026
See the official result
1
(a) To receive, consider and adopt the Boards Report, Audited Standalone Balance Sheet of the Company as at March 31, 2026 and the statement of Profit and Loss for the year ended that date together with the reports of the Auditors thereon. (b) To receive, consider and adopt the Audited Consolidated financial Statements of the Company for the Financial Year ended March 31, 2026 together with the report of the Auditors thereon.
⚑ Passed only because promoters voted yes
Backed by 20% of shareholders other than promotersneeded 50%
79,354 votes for, 3.17 L against
2
To declare a Dividend at the rate of Rs.3.75 per equity share (75% of face value of Rs.5/- each fully paid up) for the Financial Year 2025-26
⚑ Passed only because promoters voted yes
Backed by 20% of shareholders other than promotersneeded 50%
79,354 votes for, 3.17 L against
3
To appoint a Director in the place of Ms. Suneeta Reddy (DIN No.00001873) who retires by rotation who, being eligible offers herself for re-appointment.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 20% of shareholders other than promotersneeded 50%
79,348 votes for, 3.17 L against
4
Approval of the Remuneration payable to the Cost Auditor for the Financial Year 2026-27.
⚑ Passed only because promoters voted yes
Backed by 20% of shareholders other than promotersneeded 50%
79,319 votes for, 3.17 L against
5
Payment of Commission/Remuneration to Non- Executive Independent Directors
⚑ Passed only because promoters voted yes
Backed by 14% of shareholders other than promotersneeded 75%
54,099 votes for, 3.42 L against

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 — 12 named members
owning 60.9% between them · as of 2026-09-30
DWARAKNATH REDDY44.10%
P.D.R INVESTMENTS PVT. LTD4.37%
SINDOORI REDDY3.89%
SARLA DEVI KHAITAN2.51%
RAJENDRA PRASAD KHAITA1.84%
OBUL REDDY INVESTMENTS PVT LTD1.83%
SUNEETA REDDY1.59%
H N KHAITAN (HUF)0.57%

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.

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