India Nippon Electricals Limited — PPTs, 01-06-2026: Investor Presentation

India Nippon Electricals reported strong Q4-FY26 and full-year FY26 results.

**Business Performance:** For Q4-FY26, revenue hit INR 299.5 Cr, a 28.1% YoY jump, significantly outpacing the 2-wheeler industry's 19% growth. Net profit surged 47.4% YoY to INR 39.8 Cr. For the full year, revenue soared 26.5% to INR 1,068.5 Cr, marking a significant milestone by crossing INR 1,000 Cr in sales. Net profit for FY26 grew 35.1% to INR 111.2 Cr, with diluted EPS at INR 49.14. Strong rural demand and aftermarket export sales contributed to growth.

**Growth Drivers or Strategy:** The company is actively growing its EV product portfolio, leveraging its new R&D center for differentiated EV technologies and emission control. Strategic expansion into new geographies and strengthening its aftermarket business are key. A new technical partnership with Borg Warner for Electronic Fuel Injection (EFI ECU) systems will open new product segments.

**Recent Developments:** INEL commenced production for high-end motorcycles at its Hosur plant and installed a third Fly Wheel Magneto production line at Rewari for future growth. An MoU for ECU development was signed, and the company received an exceptional income of INR 15.2 Cr from land compensation.

**Key Financial Metrics:** FY26 EBITDA margin improved to 11.44%, and PAT margin rose to 10.41%.

**Management Commentary / Outlook:** While rural demand is positive, the company notes supply constraints for NdFeB magnets due to geopolitical issues and pressure on margins from rising commodity and fuel prices.