Igarashi Motors India share price & results

Igarashi Motors India Limited· Automobile and Auto Components· Consumer Discretionary

Results to: Jun 2026
Ownership as of: Sept 2026

Chennai-based global leader in actuator DC motors for auto safety/body systems and BLDC ceiling-fan motors.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	251 ₹ crore	+22.5% YoY	Quarterly, as filed	Quarter to Jun 2026	Revenue from operations as filed.
Operating margin	9.8 %	+0.2 pts YoY	Operating profit / revenue	Quarter to Jun 2026	For the quarter; a change is in percentage points.
Net profit	6.8 ₹ crore	+169.7% YoY	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed.
Return on equity	Unavailable	—	Trailing twelve months	TTM · period unavailable	Not in the analysed materials. No older figure is substituted.
Free cash flow margin	Unavailable	—	Fiscal year	FY · period unavailable	Not in the analysed materials. No older figure is substituted.
Revenue growth (YoY)	Unavailable	—	Trailing twelve months	TTM · period unavailable	Not in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Price

₹365.35 +1.94% · +₹6.95

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −27.3% 1Y

1Y: ₹502.5 on 24 Oct 2025 → ₹365.35. High ₹509.3 (29 Oct 2025), low ₹273.45 (30 Mar 2026).

Previous close: ₹358.4
Market cap: ₹1.1k Cr
52-week range: ₹273.45 – ₹509.3
One year: −26.70%

Overview

Symbol: NSE:IGARASHI
Sector: Automobile and Auto Components
Industry: Consumer Discretionary
Exchange: NSE
Currency: INR

What Igarashi Motors India Limited does

Based on the company's own presentations, annual report and earnings calls.

Igarashi Motors India designs and manufactures precision Permanent Magnet DC motors and actuators used in automotive Engine Air Management (EGR, WGA, VGT, CCV), Safety applications (Electric Parking Brake, Park Lock Actuator, Electric Vacuum Pump, Gear Box Actuator, ABS) and Body applications (Trunk Opening & Closing Device, seat-adjustment motors), supplying global Tier-1 automotive suppliers and OEMs across India, East Asia, Europe and the US. It also manufactures energy-efficient BLDC motors for ceiling fans and other consumer appliances under its FMEG/non-automotive business, and offers electronic system design and manufacturing (ESDM/PCB) solutions. The company is a subsidiary of Igarashi Electric Works Ltd, Japan, and operates as part of the global Igarashi Group's manufacturing network spanning India, Japan and China.

Segments

Automotive
Non-Automotive / FMEG

DC motors manufactured, cumulative since 1996: 603 million
BLDC motor solutions delivered, cumulative since 2020: 5 million
Manufacturing units: 9
Global production sites: 5, across India, Japan and China
Global sales offices: 4, in Hong Kong, Germany, USA and Japan
Logistics warehouses: 2

Founded 1996Headquarters Chennai, IndiaEmployees 760 (FY 2024-25 (as of March ) Company website

Fundamentals

Ratios, each with its period

Current values with the period they cover; the trend reads across the 1 fiscal year held (Mar 2006 to Mar 2006).

Mar 2006
97.00 days

How it is calculated. Reported receivable days from the annual accounts.
Mar 2006
78.00 days

How it is calculated. Reported inventory days, using material cost / cost of goods sold.
Mar 2006
0.00 days

How it is calculated. Reported payable days, using material cost / cost of goods sold.
Mar 2006
175.00 days

How it is calculated. Reported debtor days plus inventory days less payable days.
Mar 2006
74.00 days

How it is calculated. Reported net working capital days from the annual accounts.
Mar 2006
194.00%

How it is calculated. Reported dividend payout as a percentage of annual profit.
Mar 2006
—

How it is calculated. Market capitalisation from the current stock record.

Mar 2006
97.00 days

Mar 2006
78.00 days

Mar 2006
0.00 days

Mar 2006
175.00 days

Mar 2006
74.00 days

Mar 2006
194.00%

Mar 2006
—

A dash means inputs are missing or too old, the ratio does not apply, or the value is outside the supported range. FY uses the reported fiscal period; TTM the latest twelve months; valuations use the current market cap with the chosen earnings period. Screen Indian stocks on these ratios →

Financials

What the filings say

Net profit, year on year: +170% (quarter to jun 2026 against jun 2025).

In ₹ crore. Oldest period first.

Line item	Sept 2024	Dec 2024	Mar 2025	Jun 2025	Sept 2025	Dec 2025	Mar 2026	Jun 2026
Sales	216	211	189	205	219	216	226	251
Expenses	190	187	170	185	196	196	207	226
Operating profit	26	24	20	20	23	20	19	25
Operating margin	12.2%	11.3%	10.4%	9.6%	10.7%	9.4%	8.5%	9.8%
Other income	0	0	0	1	0	0	1	1
Interest	4	4	3	3	3	2	2	3
Depreciation	13	13	13	14	14	14	15	16
Profit before tax	10	7	4	3	6	4	3	7
Tax rate	25.3%	28.1%	23.5%	25.2%	26.6%	17.1%	42.0%	5.5%
Net profit	8	5	3	3	5	4	2	7
EPS (₹ per share)	2.47	1.64	0.97	0.80	1.44	1.11	0.51	2.15

Source: Inve data · income statement, quarterly · to Jun 2026

In ₹ crore. Oldest period first.

Line item	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	656	725	838	866
Expenses	596	652	743	783
Operating profit	60	73	95	83
Other income	8	2	2	2
Interest	12	13	13	11
Depreciation	47	49	52	57
Profit before tax	9	14	33	17
Net profit	5	10	24	12

Source: Inve data · income statement, annual · to Mar 2026

In ₹ crore. Oldest period first.

Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sept 2025	Mar 2026
Equity capital	31	31	31	31	31	31
Reserves	407	408	416	434	433	435
Borrowings	100	121	138	151	143	145
Other liabilities	138	166	189	158	194	223
Total liabilities	677	726	774	775	802	834
Fixed assets	378	379	366	391	391	413
Capital work in progress	11	13	35	43	61	53
Investments	21	17	16	17	1	1
Other assets	267	318	357	323	349	367
Total assets	677	726	774	775	802	834

Source: Inve data · balance sheet · to Mar 2026

In ₹ crore. Oldest period first.

Line item	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operations	41	73	34	50	94	94
Cash from investing	6	-55	-32	-51	-90	-63
Cash from financing	-38	-24	-4	0	-5	-30
Net cash flow	9	-6	-1	-1	-1	0
Free cash flow	27	37	-2	-3	4	14

Source: Inve data · cash flow · to Mar 2026

In days and %. Oldest period first.

Line item	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	114	88	98	104	76	91
Inventory days	115	81	91	86	75	75
Days payable	139	92	95	103	74	106
Cash conversion cycle	91	77	94	87	76	61
Working capital days	53	43	41	40	19	12
Return on capital employed	7.0%	2.0%	4.0%	5.0%	8.0%	5.0%
Dividend payout	18.0%	0.0%	60.0%	33.0%	33.0%	34.0%

Source: Inve data · annual ratios · to Mar 2026

Where revenue comes from

The businesses behind the company’s reported revenue.

Reporting basis Reporting period

Automotive contributes 86.9% of reported segment revenue.

Quarter ended 30 Jun 2026 · Standalone

Automotive 86.9%

₹218.04 crore
Non-automotive 13.1%

₹32.83 crore

Reported business segments for quarter ended 30 Jun 2026
Business segment	Revenue · ₹ crore	Share
Automotive	218.04	86.9%
Non-automotive	32.83	13.1%

Share = segment revenue ÷ total segment revenue, before intersegment adjustments.

How these numbers add up

Total segment revenue: ₹250.87 crore
Intersegment adjustment: Not reported
Net segment revenue: ₹250.87 crore

Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.

Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.

Ownership

Who owns it

Promoters hold 75.00% as of Sept 2026; institutions cut 0.48 pts since Jun 2026.

Promoters 0.00 pts 75.00%
Foreign institutions −0.47 pts 0.03%
Domestic institutions −0.01 pts 3.64%
Public +0.46 pts 21.32%

28,642 shareholders on the register.

Source: Exchange shareholding filings · to Sept 2026 · 8 filings held

Who was buying across the market this quarter

Who is on the register

Named in the Sep 2026 filing

Every holder of Igarashi Motors India Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.

Holder	Stake	Change
	54.46%	unchanged
	12.59%	unchanged
	7.94%	unchanged
Mutual fund	3.06%	unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

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