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Igarashi Motors India IGARASHI.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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370.60

+1.19%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹8.66bn

FY2017FY2026

Net income

₹121.5m

FY2017FY2026

Free cash flow

₹54.5m

FY2017FY2026

Shareholders' equity

₹4.67bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹8.66bn₹8.41bn₹7.25bn₹6.56bn₹5.57bn₹5.33bn₹5.24bn₹5.93bn₹4.48bn₹5.08bn
Research and development—₹21.8m₹30.9m₹28.4m₹27.3m₹17.4m₹50.6m₹39.2m₹39.7m—
Operating income₹257.3m₹458.9m₹266.6m₹212.4m₹36.5m₹400.1m₹437.6m₹966.8m₹783.8m₹984.1m
Net income₹121.5m₹241.7m₹95.7m₹52.4m₹11.9m₹256.2m₹299.1m₹574.1m₹662.7m₹737.7m
Diluted earnings per share3.867.663.051.660.388.129.5018.2321.0723.43

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹8.34bn₹7.75bn₹7.74bn₹7.26bn₹6.77bn₹7.00bn₹6.73bn₹6.70bn₹5.41bn₹5.40bn
Cash and short-term investments₹31.1m₹198.5m₹196.8m₹219.5m₹263.1m₹147.7m₹240.0m₹183.8m₹177.9m₹1.52bn
Total liabilities₹3.68bn₹3.09bn₹3.27bn₹2.87bn₹2.38bn₹2.60bn₹2.50bn₹2.41bn₹1.29bn₹1.70bn
Debt₹1.45bn₹1.51bn₹1.38bn₹1.21bn₹1.00bn₹951.2m₹1.24bn₹1.18bn₹657.8m₹219.1m
Shareholders' equity₹4.67bn₹4.66bn₹4.47bn₹4.40bn₹4.38bn₹4.39bn₹4.23bn₹4.30bn₹4.11bn₹3.70bn
Shares outstanding31m32m31m31m31m32m31m31m31m31m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹829.6m₹938.2m₹503.4m₹340.3m₹727.7m₹406.5m₹906.0m₹1.64bn₹643.8m₹825.6m
Capital spending−₹775.1m−₹837.3m−₹537.2m−₹360.4m−₹361.8m−₹139.2m−₹340.9m−₹809.4m−₹817.6m−₹344.1m
Free cash flow₹54.5m₹100.9m−₹33.7m−₹20.1m₹365.9m₹267.3m₹565.0m₹830.0m−₹173.8m₹481.5m
Dividends paid−₹77.6m−₹31.5m−₹31.5m—−₹47.3m−₹37.5m−₹184.7m−₹220.4m−₹242.4m−₹45.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹2.51bn₹2.26bn₹2.16bn₹2.19bn₹2.05bn₹1.89bn₹2.11bn₹2.16bn
Operating income₹88.1m₹44.9m₹62.3m₹92.9m₹57.3m₹512.5m₹144.5m₹136.5m
Net income₹67.7m₹15.9m₹35.0m₹45.4m₹25.1m₹30.6m₹51.6m₹77.9m
Diluted earnings per share2.150.511.111.440.800.971.642.48
Cash from operations———₹461.0m—₹938.0m—₹440.0m
Capital spending———−₹348.0m—−₹837.0m—−₹434.0m
Free cash flow———₹113.0m—₹101.0m—₹6.0m
Total assets—₹8.34bn—₹8.02bn—₹7.75bn—₹7.72bn
Cash and short-term investments₹31.1m₹31.1m₹65.3m₹78.0m₹195.8m₹198.5m₹213.8m₹213.8m
Debt—₹1.37bn—₹1.43bn—₹1.51bn—₹1.50bn
Shareholders' equity₹4.67bn₹4.67bn₹4.65bn₹4.65bn₹4.66bn₹4.66bn₹4.60bn₹4.60bn

Financial ratios

Data as of 4 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin3.0%5.5%3.7%3.2%0.7%7.5%—
Net margin1.4%2.9%1.3%0.8%0.2%4.8%—
Return on equity2.6%5.2%2.1%1.2%0.3%5.8%—
Return on assets1.5%3.1%1.2%0.7%0.2%3.7%—
Free cash flow yield12.9%14.2%8.4%5.6%8.7%4.4%—
Revenue growth3.0%16.0%10.5%17.9%4.4%1.7%—
Earnings growth-49.7%152.5%82.8%340.1%-95.4%-14.3%—
Current ratio1.10x1.24x1.37x1.41x1.51x1.42x—
Debt to equity0.29x0.29x0.26x0.22x0.19x0.21x—
Equity ratio55.9%60.1%57.8%60.5%64.8%62.8%—
Interest coverage2.34x3.43x2.17x2.20x0.55x5.29x—
R&D as a share of sales—0.3%0.4%0.4%0.5%0.3%1.0%
Buybacks as a share of market value0.3%-0.4%0.1%0.0%0.2%-0.2%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue9.7%10.2%6.9%
Operating income6.6%-8.4%-12.5%
Net income32.4%-13.9%-15.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin4.2%3.9%3.9%8.6%
Net margin2.1%1.7%1.9%5.5%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings101.556.9234.9311.8—59.535.620.227.032.6
Price to sales1.41.63.12.52.32.92.02.04.04.7

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 31 Jul 2025.

FY2026FY2025FY2024FY2022FY2021FY2020FY2019FY2018
Paid in the year2.501.001.001.501.204.905.8376.43
  • 1.028-for-1 split · 27 Sept 2018

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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