India Nippon Electricals Limited · NSE:INDNIPPON
India Nippon Electricals — Investor Presentation (March 2026)
35 slides from India Nippon Electricals's investor presentation, Mar 17, 2026
Slide 1: Regulation 30 cover letter to stock exchanges
INEL/SE/2025-26/49 March 17, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot no C 1, Phiroze Jeejeebhoy Towers G Block, IFB Centre, Bandra Kurla Complex, Dalal Street Bandra (East), Mumbai - 400051 Mumbai - 400 001 Scrip: INDNIPPON Scrip: 532240 Dear Sir/ Ma
Slide 2: Investor Presentation February 2026
INVESTOR PRESENTATION February 2026
Slide 3: Table of Contents
TABLE OF CONTENTS Company Overview Business Overview Strategic Overview Industry Overview Financial Overview 2 INVESTOR PRESENTATION
Slide 4: Company Overview
Company Overview
Slide 5: Snapshot
SNAPSHOT 40+ Years 3 1 Tier 1 1,605+ Of State-of-art Supplier to Major Employees Experience Manufacturing Auto OEM’s Plants Research Center INR 30%+ 14.26% 18,408 Mn Consistent Debt Free 3 Year Revenue CAGR Market Cap Dividend Payout track record 4 INVESTOR PRESENTATION
Slide 6: Company Overview
COMPANY OVERVIEW ▪ India Nippon Electricals Limited (INEL) was incorporated in 1984 and owned by Lucas Indian Service Limited, a wholly- Revenue (INR Mn) & EBITDA Margins (%) owned subsidiary of Lucas-TVS Limited to manufacture electronic ignition systems for two-wheelers, three-wheelers and portabl
Slide 7: Journey
JOURNEY 1984-1988 1989-1993 1994-1998 1999-2003 2004-2008 2009-2013 2014-2018 2018-2023 2023 onwards • Incorporation of • • • • • • LIS acquired MEDJ and Introduction of Export of ignition Supply of Ignition • Supply of FWM & RR Commencement of • Started supplies Expanded into the Company electronic
Slide 8: Eminent Leadership
EMINENT LEADERSHIP Mr. T.K Balaji Mr. Arvind Balaji - Chairman - Managing Director ▪ Mr. Arvind Balaji, (DIN 00557711), was appointed as director of the ▪ Mr. T. K. Balaji, (DIN 00002010), was appointed as a Director on the Board of the Company w.e.f 25th October, 2008 and was inducted on the board
Slide 9: Board of Directors and Key Management Personnel
BOARD OF DIRECTORS AND KEY MANAGEMENT PERSONNEL Managing Independent Non- Executive Chairman Director Directors Directors TK Balaji Arvind Balaji ▪ Heramb Ravindra Hajarnavis Priyamvada Balaji ▪ Anant Jaivant Talaulicar ▪ Gangapriya Chakraverti Company Chief Technical Chief Financial Secretary and P
Slide 10: World-Class Manufacturing Facilities
WORLD-CLASS MANUFACTURING FACILITIES 9 INVESTOR PRESENTATION
Slide 11: Assisted by Strong Internal State-of-the-Art R&D Facilities & Infrastructure
ASSISTED BY STRONG INTERNAL STATE-OF-THE-ART R&D FACILITIES & INFRASTRUCTURE • Today’s technology advances call for constant innovation and manufacture of products of high quality and reliability at competitive prices. • Realizing this dictum, INEL has invested substantially in equipping its R&D to
Slide 12: Key Clientele
KEY CLIENTELE *Logos are meant for representative purposes only 11 INVESTOR PRESENTATION
Slide 13: Geographical Presence
GEOGRAPHICAL PRESENCE INDIA ▪ USA ▪ ITALY FY25 Revenue Split ▪ CHINA 4% ▪ SLOVENIA ▪ TURKEY ▪ VIETNAM ▪ THAILAND ▪ JAPAN ▪ NEPAL ▪ SRI LANKA ▪ BANGLADESH 96% ▪ AFRICA Domestic Export 12 INVESTOR PRESENTATION
Slide 14: Business Overview
Business Overview
Slide 15: Product Portfolio
PRODUCT PORTFOLIO Electronic Ignition Controllers Sensors Electric Vehicles Aftermarket System It is a modern automotive It refers to the various It is the collection of various Recently established world-class A dedicated team is focusing on ignition system that replaces the electronic control unit
Slide 16: Electronic Ignition System
ELECTRONIC IGNITION SYSTEM AC Generator/ Flywheel Magneto Regulator & Rectifier/ Ignition Coil Power Boosts Regulator Flywheel Magneto is an electrical machine with Regulator & Rectifier plays a crucial role to rectify and Ignition Coil is an induction coil in an automobile's permanent magnet rotor
Slide 17: Controllers
CONTROLLERS ISG Controller EGR Controller EFI ECU It plays a central role in managing the Exhaust Gas Recirculation controller, is It is responsible for managing various operation of the Integrated Starter a component in a vehicle's engine aspects of the engine's operation, Generator system, which c
Slide 18: Sensors
SENSORS Speed Sensor Temperature Sensor Throttle Position Sensor Oil Level Sensor Differential Sensor TMAP Sensor Steering Angle Sensor RPAS Ultrasonic Sensor Tyre Pressure Monitoring Sensor 17 INVESTOR PRESENTATION
Slide 19: 2W Electric Vehicles
2W ELECTRIC VEHICLES Traction Motor Traction motors are powered by electricity and generate the power to rotate the wheels. They are typically mounted in the trucks where the wheels are housed. Cluster Motor Controller It refers to the instrument cluster or dashboard panel found on a two-wheeled veh
Slide 20: Customer Wise Sales
CUSTOMER WISE SALES Customer wise Sales – FY 23/24 Customer wise Sales – FY 24/25 Others, 51% Customer A, Others, 53% 47% Customer A, 49% 19 INVESTOR PRESENTATION
Slide 21: After Market Sales
AFTER MARKET SALES Currently After Market Sales contribute to around 12% of overall Sales with a target to reach 15% levels in the future. 1000 900 800 700 600 500 950 400 836 694 300 549 200 381 100 0 FY21 FY22 FY23 FY24 FY25 Sales (INR Mn) 20 INVESTOR PRESENTATION
Slide 22: Strategic Overview
Strategic Overview
Slide 23: Industry vs INEL Performance Over Years
INDUSTRY VS INEL PERFORMANCE OVER YEARS Highly volatile Situation : EV Penetration increased to 16% Despite all challenges INEL has outgrown the Global market uncertainty due to trade tariff barrier issues Industry in last 5 years Recession in US and Europe markets, economic slow down in China Indus
Slide 24: Industry Growth vs INEL Sales
INDUSTRY GROWTH VS INEL SALES [FY 24/25: YTD - QTY] 9% 12% 7% 6% 10% FY24-25 15.91 Mn 6.66 Mn 0.52 Mn 1.02 Mn 24.11 Mn FY23-24 14.59 Mn 5.94 Mn 0.49 Mn 0.96 Mn 21.97 Mn Industry 17% 28% 10% 6% 19% FY24-25 4.22 Mn 2.08 Mn 0.53 Mn 0.25 Mn 7.08 Mn 3.60 Mn 1.62 Mn 0.48 Mn 0.23 Mn 5.94 Mn INEL FY23-24 •
Slide 25: Key Strengths
KEY STRENGTHS Strong Client base Thrust On Technology Organizational Agility Offers wide range of Strong Customer Focus Stringent Manufacturing Practices Value Addition products 24 INVESTOR PRESENTATION
Slide 26: Future Growth Strategies
FUTURE GROWTH STRATEGIES Capitalizing on Core Business Advancing Aftermarket Business Focused on exploiting the opportunities presented within core A dedicated team and several measures are taken to strengthen product business by introducing new products for two & three-wheelers. range and distribut
Slide 27: Industry Overview
Industry Overview
Slide 28: Auto-Component Sector
AUTO-COMPONENT SECTOR • The Indian auto-components industry is set to become • Automotive Ignition System Market is estimated to the third-largest in the world by 2025. grow at 6.2% CAGR to reach USD 15.2 Bn by 2033. • Auto-components industry accounts for 2.3% of India’s GDP. The automobile compone
Slide 29: Financial Overview
Financial Overview
Slide 30: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (INR Mn) FY23 FY24 FY25 9M-FY26 Revenue from Operations 6,563 7,241 8,448 7,690 Operating Expenses 6,035 6,577 7,496 6,851 EBITDA 528 664 952 839 EBITDA Margins (%) 8.05% 9.17% 11.27% 10.91% Depreciation 146 151 206 130 Finance Cost 4 4 4 2 Other Income 226
Slide 31: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 EQUITY AND LIABILITIES ASSETS Equity Share Capital 113 113 113 Non-Current Assets Other Equity 6,120 6,999 7,734 Property, Plant and Equipment 1,312 1,437 1,440 Shareholders Fund 6,233 7,847 Righ
Slide 32: Financial Graphs
FINANCIAL GRAPHS Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 952 8,448 839 823 7,690 7,241 713 6,563 664 593 528 482 11.27% 10.91% 9.17% 9.74% 9.27% 8.05% 8.19% 7.34% FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 Net Worth (INR Mn) ROCE &
Slide 33: Capital Market Data
CAPITAL MARKET DATA 1 Year Stock Performance (up to 31st December, 2025) Dividend Per Share 60% 15.50 40% 12.50 20% 10.25 9.25 0% -20% -40% Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 India Nippon Electricals Limited Sensex FY23 FY24 FY25 FY26 Market Data (As
Slide 34: Disclaimer
DISCLAIMER India Nippon Electricals Limited (INEL Disclaimer) No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and
Slide 35: Thank You
Thank You
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