Igarashi Motors India Limited share price

Igarashi Motors India Limited manufactures and sells electric micro motors and motor components in India, the United States, Japan, Germany, Hong Kong, and internationally. The company operates through two segments, Automotive and Non-Automotive. Its products include ceiling fans; and electrical equipment, general purpose, and special purpose machinery and equipment. The company also offers engine air management, electric parking brake, park lock and gear box actuators, anti-lock braking systems, seat motors, trunk opening and closing devices, BLDC motors, sub-assemblies, and electronic system design and manufacturing products. The company was formerly known as CG Igarashi Motors Limited an…Read more

Website NSE हिंदी में BSE

Consumer CyclicalAuto PartsNSE: IGARASHIISIN INE188B01013

16 Oct 2026, 3:29 PM IST₹403.20▲ 6.60 (1.66%)

Market Cap₹ 1,269 Cr.
Current Price₹ 403.20
High / Low₹ 538 / 271
Stock P/E75.9
Book Value₹ 148
Dividend Yield0.33 %
ROCE4.8 %
ROE2.60 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 5.31
Price / Book2.72
OPM3.8 %
Debt / Equity0.31
Sales growth (5Y)10.2 %
Profit growth (5Y)-13.9 %
Promoter holding75.3 %
EV / EBITDA16.7
Beta0.43
All-time high₹ 1,001

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
IGARASHI	-5.88%	-13.85%	+15.25%	-7.51%	-22.21%	-13.04%	-6.85%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Igarashi Motors India Limited is in the Auto Parts industry (Consumer Cyclical), with a market value of ₹1,269 crore.
It trades at 75.9 times its last 12 months' earnings and 2.7 times book value.
Revenue grew 10.2% a year over the last 5 years, profit -13.9% a year.
Return on equity was 2.6% and return on capital employed 4.8% in the latest year.
Debt was 0.31 times shareholders' equity.
The share price is 25.0% below its 52-week high and down 22.2% over one year.
Promoters and insiders hold about 75.3%; institutions about 3.1%.

Pros

Latest quarter (Jun 2026): sales up 23% and profit up 170% from a year ago.
Trades at 75.9 times earnings, below its 3-year median of 94.8.
Borrowings are moderate at 0.31 times shareholders' equity.
Pays a healthy dividend: about 64% of profit last year.
Promoters hold a large stake of 75.00%.

Cons

Return on equity has been low: 3.4% on average over the last 3 years.
Profit growth has been weak: -13.9% a year over the last 5 years.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Igarashi Motors India Limited

Employees: 774
Head office: Chennai

Consumer CyclicalAuto Parts

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Igarashi Motors India	403.20	75.9	1,269	0.33	7	169.63	251	22.55	4.8	2.6	2.72	3.8	0.31	75.34	866	10.2
2.	Samvardhana Motherson International	160.00	38.6	1,70,090	0.31	1,032	101.64	34,912	16.60	11.5	10.2	4.11	5.5	0.47	58.91	1,25,023	17.1
3.	Bosch	45,560.00	56.9	1,34,384	0.60	706	-36.74	5,842	22.00	24.2	19.4	9.05	11.4	0.01	70.67	19,595	10.3
4.	Uno Minda	1,108.00	53.2	63,983	0.24	296	1.76	5,557	23.79	20.5	19.1	9.37	8.0	0.40	68.49	19,385	20.5
5.	Schaeffler India	3,669.20	45.8	57,351	0.96	642	19.14	5,346	18.10	25.7	20.2	9.35	14.9	0.01	74.30	9,550	12.3
6.	MRF	122,790.00	21.6	52,077	0.19	495	-1.02	8,416	9.64	15.6	12.3	2.48	10.4	0.15	47.88	31,149	10.6
7.	Sona BLW Precision Forgings	800.00	71.4	49,934	0.45	180	9.96	1,301	50.47	13.2	11.2	8.31	18.4	0.07	27.91	4,308	18.8
8.	Balkrishna Industries	2,052.80	28.2	39,684	0.78	451	56.35	3,455	25.19	13.8	11.6	3.62	16.9	0.38	58.54	10,823	3.6
9.	Endurance Technologies	2,406.40	34.9	33,849	0.48	245	8.03	4,315	30.01	16.3	15.2	4.95	8.6	0.19	75.00	14,596	18.2
10.	Exide Industries	370.95	33.8	31,531	0.53	350	28.38	5,528	17.75	8.8	6.1	2.27	7.3	0.11	50.94	17,908	6.1
	Median: 51 Co.	1,580.40	32.4	12,749	0.45	401	14.55	5,437	22.27	14.7	14.6	5.04	9.3	0.17	63.70	16,252	10.6

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Standalone figures in ₹ crore

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	168	178	174	205	222	216	211	189	205	219	216	226	251
YOY Sales Growth %	17.98%	2.71%	4.06%	18.32%	31.99%	21.09%	21.32%	-7.39%	-7.82%	1.42%	2.51%	19.26%	22.55%
	152	161	156	182	197	190	187	170	185	196	196	207	226
Material Cost %	67%	67%	66%	67%	67%	65%	64%	62%	65%	64%	66%	66%	67%
Employee Cost %	9%	9%	10%	8%	8%	8%	9%	11%	10%	10%	10%	10%	9%
Other Expenses %	14%	14%	15%	14%	14%	15%	16%	17%	15%	15%	14%	15%	14%
Operating Profit	16	17	17	22	25	26	24	20	20	23	20	19	25
OPM %	10%	10%	10%	11%	11%	12%	11%	10%	10%	11%	9%	9%	10%
Other Income	1	0	1	0	1	0	0	0	1	0	0	1	1
Interest	3	3	4	3	3	4	4	3	3	3	2	2	3
Depreciation	12	12	12	12	12	13	13	13	14	14	14	15	16
Profit before tax	2	2	2	8	11	10	7	4	3	6	4	3	7
	26%	27%	26%	35%	25%	25%	28%	23%	25%	27%	17%	42%	5%
Current tax	0	0	0	3	3	3	2	2	1	2	1	2	0
Deferred tax	0	0	0	0	-0	-0	0	-1	-0	-0	-0	-1	-0
	1	1	2	5	8	8	5	3	3	5	4	2	7
YOY Profit Growth %		212.48%	15.94%	-32.71%	472.53%	435.38%	231.02%	-40.38%	-69.25%	-41.75%	-32.04%	-47.90%	169.63%
EPS in Rs	0.45	0.46	0.49	1.63	2.59	2.48	1.64	0.97	0.80	1.44	1.11	0.51	2.15
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Standalone figures in ₹ crore

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	606	534	533	556	656	725	838	866	912
YOY Sales Growth %		-11.84%	-0.29%	4.42%	17.94%	10.48%	15.64%	3.28%
	491	457	459	510	596	651	743	783	824
Material Cost %	55%	59%	60%	66%	66%	67%	65%	65%	66%
Employee Cost %	9%	10%	9%	9%	9%	9%	9%	10%	10%
Other Expenses %	16%	17%	17%	17%	15%	14%	15%	15%	15%
Operating Profit	116	77	74	46	60	74	95	83	88
OPM %	19%	14%	14%	8%	9%	10%	11%	10%	10%
Other Income	25	12	10	7	8	2	2	2	2
Interest	15	14	6	7	12	13	13	11	10
Depreciation	40	43	45	44	47	49	52	57	59
Profit before tax	86	32	32	2	9	14	33	17	20
	33%	8%	21%	49%	42%	31%	26%	26%	19%
Current tax	23	7	8		3	4	9	6
Deferred tax	6	-4	-1	1	0	0	-1	-1
	57	30	26	1	5	10	24	12	16
YOY Profit Growth %		-47.91%	-14.34%	-95.36%	340.14%	82.77%	152.46%	-49.74%
EPS in Rs	18.24	9.50	8.14	0.38	1.66	3.04	7.68	3.86	5.21
Dividend Payout %				397%		33%	13%	64%

Compounded Sales Growth

5 Years:: 10%
3 Years:: 10%
TTM:: 11%

Compounded Profit Growth

5 Years:: -14%
3 Years:: 32%
TTM:: -11%

Stock Price CAGR

5 Years:: -7%
3 Years:: -13%
1 Year:: -22%

Return on Equity

4 Years:: 3%
Last Year:: 3%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	31	31	31	31
Reserves	408	416	434	435
	121	138	151	145
Long term borrowings	8	19	10	17
Short term borrowings	84	93	119	112
	166	189	158	223
Trade payables	114	137	110	164
Current liabilities	233	266	265	326
Total Liabilities	726	774	775	834
	382	396	429	457
Gross block	629	686	761	838
Accumulated depreciation	247	289	332	381
Goodwill & intangibles	9	6	9	9
CWIP	10	36	43	50
	334	342	303	327
Inventories	109	113	111	117
Trade receivables	176	207	173	216
Cash & equivalents	5	4	3	3
Current assets	329	364	327	358
Total Assets	726	774	775	834

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	34	50	94	94
Profit for the year	5	10	24	12
Working capital changes	-34	-20	8	12
Direct taxes paid	2	-4	-11	-5
	-32	-51	-90	-63
Fixed assets purchased	-36	-54	-90	-80
Fixed assets sold			0	0
Investments purchased		-0	-5	-4
Investments sold	4	3	5	20
	-4	0	-5	-30
Proceeds from borrowings	22	192	338	389
Repayment of borrowings	-14	-174	-322	-392
Interest paid	-5	-9	-11	-11
Dividends paid		-3	-3	-8
Net Cash Flow	-1	-1	-1	0
Free Cash Flow	-2	-3	4	14

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	1.2%	2.2%	5.3%	2.6%
ROCE	—	3.4%	4.7%	8.4%	4.8%
Operating margin	—	2.9%	3.7%	5.6%	3.8%
Net margin	—	0.8%	1.4%	3.0%	1.4%
Debt / equity	—	0.27	0.31	0.33	0.31
Current ratio	—	1.41	1.37	1.24	1.10
Debtor days	—	101	107	77	94
Inventory days	—	88	83	73	74
Days payable	—	92	101	72	103
Cash conversion cycle	—	97	89	78	65
Working capital days	—	55	51	28	14

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 75.00%
FIIs 0.04%
DIIs 3.64%
Public 21.32%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
	0.86%	0.89%	0.82%	0.90%	1.30%	1.15%	0.95%	0.12%	0.10%	0.13%	0.50%	0.04%
Foreign portfolio investors (Cat. I)	0.86%	0.89%	0.82%	0.90%	0.85%	0.91%	0.87%	0.12%	0.10%	0.07%	0.42%	0.01%
Foreign portfolio investors (Cat. II)					0.45%	0.24%	0.07%			0.06%	0.08%	0.02%
	1.90%	1.86%	2.05%	1.73%	1.79%	2.28%	2.07%	2.22%	2.14%	2.13%	3.65%	3.64%
Mutual funds	0.73%	0.76%	0.77%	0.18%	0.17%	0.66%	0.69%	0.74%	0.74%	0.74%	3.06%	3.06%
Alternative investment funds	1.17%	1.11%	1.20%	1.22%	1.30%	1.38%	1.24%	1.34%	1.28%	1.27%	0.59%	0.58%
	22.24%	22.25%	22.14%	22.36%	21.91%	21.57%	21.98%	22.67%	22.76%	22.74%	20.86%	21.32%
Retail (up to ₹2 lakh)	14.60%	14.80%	14.51%	15.04%	14.41%	14.12%	14.34%	14.67%	15.09%	14.83%	14.47%	15.48%
HNIs (above ₹2 lakh)	1.03%	1.19%	1.55%	1.89%	2.24%	2.18%	2.29%	2.75%	2.67%	2.88%	2.82%	2.36%
NRIs	0.85%	0.83%	0.73%	0.51%	0.55%	0.49%	0.52%	0.52%	0.49%	0.49%	0.48%	0.49%
Bodies corporate	4.50%	4.13%	3.85%	3.63%	3.41%	3.44%	3.35%	3.32%	3.06%	3.07%	1.50%	1.41%
IEPF	0.31%	0.31%	0.31%	0.31%	0.33%	0.33%	0.33%	0.33%	0.34%	0.34%	0.34%	0.34%
No. of Shareholders	24,011	24,109	23,730	27,505	26,293	25,238	25,263	26,598	27,129	26,971	27,607	28,642

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Igarashi Motors India

Holder (above 1%)	Stake
Kotak Transportation & Logistics FundMutual fund	3.06%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 3.06% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 31 Jul 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

What Igarashi (IGARASHI.NS)'s -2.57% Decline Means for Investors 2026-10-08 - MA Crossoverhttps://www.siam.in/ · 8 Oct 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Igarashi Motors India Limited

What is the share price of Igarashi Motors India Limited today?

Igarashi Motors India Limited (IGARASHI) last traded at ₹403.20 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of Igarashi Motors India Limited?

About ₹1,269 crore at the latest price.

What is the P/E ratio of Igarashi Motors India Limited?

About 75.9 times its earnings over the last 12 months.

Is Igarashi Motors India Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Igarashi Motors India Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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