Integrated Filing — IndAS



General information about company

Scrip Code 532240
NSE Symbol INDNIPPON
MSEI Symbol NOTLISTED
ISIN INE092B01025
Name of company India Nippon Electricals Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Electrical and Electronic products for two/three wheelers and engines.
Start date and time of board meeting 13-02-2026   14:30:00
End date and time of board meeting 13-02-2026   17:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 27,176.00 76,902.00
Other income 851.00 2,741.00
Total income 28,027.00 79,643.00
2 Expenses
(a) Cost of materials consumed 18,281.00 51,449.00
(b) Purchases of stock-in-trade 1,033.00 2,260.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (685.00) (712.00)
(d) Employee benefit expense 3,088.00 8,836.00
(e) Finance costs 8.00 24.00
(f) Depreciation, depletion and amortisation expense 448.00 1,296.00
(f) Other Expenses
1 Other operating expenses 1,054.00 3,075.00
2 Other expenses 1,470.00 3,832.00
Total other expenses 2,524.00 6,907.00
Total expenses 24,697.00 70,060.00
3 Total profit before exceptional items and tax 3,330.00 9,583.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,330.00 9,583.00
6 Tax expense
7 Current tax 597.00 2,053.00
8 Deferred tax 240.00 396.00
9 Total tax expenses 837.00 2,449.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,493.00 7,134.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 2,493.00 7,134.00
17 Other comprehensive income net of taxes 1,713.00 4,450.00
18 Total Comprehensive Income for the period 4,206.00 11,584.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,131.00 1,131.00
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 11.02 31.54
Diluted earnings (loss) per share from continuing operations 11.02 31.54
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 11.02 31.54
Diluted earnings (loss) per share from continuing and discontinued operations 11.02 31.54
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The operations of the Company relate to only one segment viz. Electrical and Electronic products for two/three wheelers and engines. 2. These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. The standalone and consolidated unaudited financial results have been reviewed and recommended by the Audit Committee on 13 February 2026 and approved by the Board of Directors at their meeting held on 13 February 2026. The standalone and consolidated unaudited financial results are prepared in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These results have been subjected to limited review by the Statutory Auditors of the Company. 4. The Board of Directors at their meeting held on 13 February 2026 has declared an interim dividend of Rs. 15.50 per equity share on a face value of Rs.5 each for the year 2025-26 for which the Record Date has been fixed as 20 February 2026. 5. Earning per share is not annualised for the quarter ended 31 December 2025, 31 December 2024 and 30 September 2025 and for nine months ended 31 December 2025 and 31 December 2024. 6. The subsidiary PT Automotive Systems Indonesia Ltd., was successfully wound up during the nine months ended 31 December 2025 on completion of all regulatory process in Indonesia. The consolidated financials for the nine months include the results, a loss of Rs.9 lakhs in the subsidiary for the period 1 April 2025 to 24 June 2025, being date of liquidation. An amount of Rs. 425 Lakhs has been received upon this liquidation as against the net carrying value of Rs. 405 lakhs. The gain on such liquidation of Rs. 20 lakhs has been accounted under Other Income in the standalone financial results of the Company. 7. On 21 November 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19, employee benefit, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase of Rs. 127 lakhs in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current reporting period. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments, as required. 8. The standalone and consolidated unaudited financial results for the quarter and nine months ended 31 December 2025, is available on the company website www.indianippon.com under Investors section.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit and loss 2,002.00 5,186.00
Total Amount of items that will not be reclassified to profit and loss 2,002.00 5,186.00
2 Income tax relating to items that will not be reclassified to profit or loss 289.00 736.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 1,713.00 4,450.00