IG
Igarashi Motors India Ltd (IGARASHI)
₹403.40
Mkt cap
₹1,361 Cr
P/E ratio
83.00
P/B
2.73
Div yield
0.30%
ROE
2.61%
ROCE
4.58%
EPS (TTM)
₹4.86
Book value
₹148
52W range
271–558
Sector
Consumer Discretionary
Price history
Previous close
Igarashi Motors India Ltd is engaged in the production and export of Permanent Magnet DC Motors for the Automotive Sector especially for the passenger vehicle sector [1] It was incorporated as CG Igarashi Motors Limited in 1992 as a JV between Crompton Greaves Ltd(India), Igarashi Electric Works Ltd, Japan, and International Components Corporation, USA. Over a period, IEWL consolidated its stake in the Company by acquiring a stake of exited JV Partners. [2]
NSE IGARASHIBSE 517380
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthModerate
TechnicalsNeutral
52-week range
−27.71% from high₹403
₹271+48.83% from low₹558
Current
₹403.40
Prev close
₹411.55
Day
−1.98%
Price performance
1D
−0.67%
1W
−5.33%
1M
−2.66%
3M
−15.33%
6M
+37.02%
1Y
−22.15%
YTD
−13.17%
Financials
Revenue, profit & margin
P/E ratio
83.0×
IGARASHI is 188% above the sector median of 28.9×
IGARASHI83.0×
Sector median28.9×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 168.25 | 178.44 | 173.75 | 204.60 | 222.07 | 216.07 | 210.80 | 189.47 | 204.71 | 219.14 | 216.09 | 225.97 | 250.87 | |
| Expenses | 152.04 | 161.11 | 156.46 | 182.16 | 196.75 | 189.79 | 187.06 | 169.76 | 185.10 | 195.67 | 195.69 | 206.70 | 226.35 | |
| Operating Profit | 16.21 | 17.33 | 17.29 | 22.44 | 25.32 | 26.28 | 23.74 | 19.71 | 19.61 | 23.47 | 20.40 | 19.27 | 24.52 | |
| OPM % | 9.63% | 9.71% | 9.95% | 10.97% | 11.40% | 12.16% | 11.26% | 10.40% | 9.58% | 10.71% | 9.44% | 8.53% | 9.77% | |
| Other Income | 0.90 | 0.46 | 0.73 | 0.34 | 1.37 | 0.33 | 0.37 | 0.31 | 0.80 | 0.14 | 0.08 | 0.75 | 0.97 | |
| Interest | 3.07 | 3.38 | 3.51 | 2.78 | 3.38 | 3.55 | 3.83 | 2.63 | 3.17 | 3.26 | 2.09 | 2.48 | 2.63 | |
| Depreciation | 12.12 | 12.41 | 12.41 | 12.13 | 12.39 | 12.64 | 13.12 | 13.39 | 13.87 | 14.18 | 14.17 | 14.78 | 15.70 | |
| Profit before tax | 1.92 | 2.00 | 2.10 | 7.87 | 10.92 | 10.42 | 7.16 | 4.00 | 3.37 | 6.17 | 4.22 | 2.76 | 7.16 | |
| Tax % | 26.04% | 27.00% | 25.71% | 34.69% | 25.27% | 25.34% | 28.07% | 23.50% | 25.22% | 26.58% | 17.06% | 42.03% | 5.45% | |
| Net Profit | 1.43 | 1.46 | 1.56 | 5.14 | 8.16 | 7.79 | 5.16 | 3.06 | 2.51 | 4.54 | 3.50 | 1.59 | 6.77 | |
| EPS in Rs | 0.45 | 0.46 | 0.50 | 1.63 | 2.59 | 2.47 | 1.64 | 0.97 | 0.80 | 1.44 | 1.11 | 0.51 | 2.15 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +7.10% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 6 Aug '26 |
| Earnings day | +7.10% |
| +1 day | +0.89% |
| +5 days | −2.26% |
| +15 days | −8.73% |
| +30 days | −6.22% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202675.00%Promoter
Promoters75.00%
FIIs0.50%0.37
DIIs3.65%1.53
Public20.86%1.89
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | ₹162.57 | 37.55 | 1,71,584 | 0.37% | 1,076 | +81.52% | 35,244 | +16.65% | 13.43% |
| Bosch | ₹47,000.00 | 58.66 | 1,38,632 | 0.57% | 706 | +5.20% | 5,842 | +22.00% | 21.54% |
| Bharat Forge | ₹1,962.10 | 92.90 | 93,806 | 0.43% | −90 | −57.72% | 4,640 | +18.71% | 12.61% |
| Uno Minda | ₹1,284.00 | 60.66 | 74,147 | 0.21% | 316 | +1.76% | 5,557 | +23.79% | 19.65% |
| Schaeffler India | ₹4,217.60 | 51.06 | 65,923 | 0.83% | 337 | +13.67% | 2,681 | +17.50% | 27.90% |
| Sona BLW Precis. | ₹808.00 | 64.86 | 50,430 | 0.42% | 220 | +73.37% | 1,157 | +50.82% | 15.11% |
| Tube Investments | ₹2,600.00 | 80.30 | 50,329 | 0.13% | 294 | −15.25% | 6,215 | +17.07% | 17.14% |
| Igarashi Motors | ₹432.35 | 82.98 | 1,361 | 0.30% | 7 | +169.72% | 251 | +22.55% | 4.58% |
| Median: 129 Co. | ₹472.30 | 28.86 | 1,416 | 0.36% | 12 | +22.34% | 265 | +21.04% | 15.92% |
Filings
Annual reports15
Concall transcripts5
Credit ratings5
Announcements5
Closure of Trading Window 17 Sep - Trading window closed from October 1, 2026 until 48 hours after Q2 FY2026 results board meeting.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 8 Aug - 34th AGM voting results filed; six resolutions passed, including ₹1.30 final dividend and Haruo Igarashi reappointment.Shareholder Meeting / Postal Ballot-Outcome of AGM 7 Aug - Igarashi Motors held its 34th AGM; shareholders considered FY26 accounts, Rs.1.30 dividend, and routine resolutions.Outcome Of 34Th Annual General Meeting 7 AugAnnouncement under Regulation 30 (LODR)-Newspaper Publication 7 Aug - Newspaper publication pertaining to un-audited financial results for the first quarter ended June 30, 2026