Igarashi Motors India Ltd. – FY22–FY25 Snapshot
Sales – ₹610.0 Cr → ₹655.0 Cr → ₹725.0 Cr → ₹816.5 Cr – Moderate growth, steady trajectory
Net Profit – ₹7.2 Cr → ₹9.57 Cr → ₹12.4 Cr → ₹22.65 Cr – Improving profitability, favorable
Company Order Book – Weak → Weak → Moderate → Moderate – Improving demand outlook
Dividend Yield (%) – 0.00% → 0.14% → 0.14% → 0.14% – Very low, not ideal for income seekers
Operating Performance – Weak → Weak → Moderate → Moderate – Improving margins, still evolving
Equity Capital – ₹31.48 Cr (constant) – Stable, no dilution
Total Debt – ₹190.0 Cr → ₹180.0 Cr → ₹165.0 Cr → ₹151.5 Cr – Declining, well-managed
Total Liabilities – ₹710.0 Cr → ₹740.0 Cr → ₹765.0 Cr → ₹794.5 Cr – Stable, aligned with business scale
Fixed Assets – ₹580.0 Cr → ₹610.0 Cr → ₹640.0 Cr → ₹668.8 Cr – Gradual expansion, conservative
Land Investment – ₹90.0 Cr (unchanged) – Static, no growth intent
Building Investment – ₹75.0 Cr (unchanged) – No incremental investment
Machinery Investment – ₹120.0 Cr → ₹125.0 Cr → ₹130.0 Cr → ₹133.0 Cr – Minimal additions, modest capacity
Latest Highlights
- FY25 net profit rose 82.6% YoY to ₹22.65 Cr; revenue grew 10.5% to ₹816.5 Cr
- EPS: ₹7.19 | EBITDA Margin: 11.5% | Net Margin: 2.77%
- Return on Equity: 5.07% | Return on Assets: 2.99%
- Promoter holding: 75% | Dividend Yield: 0.14%
- Focus on EV components and export-led growth; strong Q1 FY25 performance with 472% YoY profit jump
Technical Snapshot
Igarashi Motors is trading at ₹534.90 (↑10.24%) with an RSI of 49.9, reflecting neutral momentum around the pivot zone. A significant pickup in monthly volume bars indicates fresh buying interest. Immediate support is visible at ₹478.50, with a deeper cushion near ₹377.80. If momentum sustains, the stock has visible upside potential toward ₹771.50, ₹872.20, and ₹1,000.50.
Business Growth Verdict
Yes, Igarashi Motors is making modest but consistent investments toward business growth
- Profitability and margins are improving steadily
- Debt is reducing and financial stability is strong
- However, asset expansion and topline growth remain conservative
Final Investment Verdict
Igarashi Motors has demonstrated consistent financial progress with improving margins, declining debt, and steady sales growth. While capex remains conservative, its pivot toward EV components and a robust Q1 FY25 performance signal an evolving growth narrative. Despite elevated valuations, further re-rating depends on sustained earnings momentum and execution.
Sales – ₹610.0 Cr → ₹655.0 Cr → ₹725.0 Cr → ₹816.5 Cr – Moderate growth, steady trajectory
Net Profit – ₹7.2 Cr → ₹9.57 Cr → ₹12.4 Cr → ₹22.65 Cr – Improving profitability, favorable
Company Order Book – Weak → Weak → Moderate → Moderate – Improving demand outlook
Dividend Yield (%) – 0.00% → 0.14% → 0.14% → 0.14% – Very low, not ideal for income seekers
Operating Performance – Weak → Weak → Moderate → Moderate – Improving margins, still evolving
Equity Capital – ₹31.48 Cr (constant) – Stable, no dilution
Total Debt – ₹190.0 Cr → ₹180.0 Cr → ₹165.0 Cr → ₹151.5 Cr – Declining, well-managed
Total Liabilities – ₹710.0 Cr → ₹740.0 Cr → ₹765.0 Cr → ₹794.5 Cr – Stable, aligned with business scale
Fixed Assets – ₹580.0 Cr → ₹610.0 Cr → ₹640.0 Cr → ₹668.8 Cr – Gradual expansion, conservative
Land Investment – ₹90.0 Cr (unchanged) – Static, no growth intent
Building Investment – ₹75.0 Cr (unchanged) – No incremental investment
Machinery Investment – ₹120.0 Cr → ₹125.0 Cr → ₹130.0 Cr → ₹133.0 Cr – Minimal additions, modest capacity
Latest Highlights
- FY25 net profit rose 82.6% YoY to ₹22.65 Cr; revenue grew 10.5% to ₹816.5 Cr
- EPS: ₹7.19 | EBITDA Margin: 11.5% | Net Margin: 2.77%
- Return on Equity: 5.07% | Return on Assets: 2.99%
- Promoter holding: 75% | Dividend Yield: 0.14%
- Focus on EV components and export-led growth; strong Q1 FY25 performance with 472% YoY profit jump
Technical Snapshot
Igarashi Motors is trading at ₹534.90 (↑10.24%) with an RSI of 49.9, reflecting neutral momentum around the pivot zone. A significant pickup in monthly volume bars indicates fresh buying interest. Immediate support is visible at ₹478.50, with a deeper cushion near ₹377.80. If momentum sustains, the stock has visible upside potential toward ₹771.50, ₹872.20, and ₹1,000.50.
Business Growth Verdict
Yes, Igarashi Motors is making modest but consistent investments toward business growth
- Profitability and margins are improving steadily
- Debt is reducing and financial stability is strong
- However, asset expansion and topline growth remain conservative
Final Investment Verdict
Igarashi Motors has demonstrated consistent financial progress with improving margins, declining debt, and steady sales growth. While capex remains conservative, its pivot toward EV components and a robust Q1 FY25 performance signal an evolving growth narrative. Despite elevated valuations, further re-rating depends on sustained earnings momentum and execution.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.