Financial Results - Quarter Ended June 30, 2026

Unaudited Standalone Financial Results (Rs. in Lakhs):

Income Statement:

  • Revenue from Operations: ₹3,044.8 lakhs (Q1 FY27) vs ₹2,247.0 lakhs (Q1 FY26)
  • Other Income: ₹81.0 lakhs (Q1 FY27) vs ₹119.7 lakhs (Q1 FY26)
  • Total Income: ₹3,125.8 lakhs (Q1 FY27) vs ₹2,366.7 lakhs (Q1 FY26)
  • Total Expenses: ₹2,777.4 lakhs (Q1 FY27) vs ₹2,061.3 lakhs (Q1 FY26)
  • Profit before tax: ₹348.4 lakhs (Q1 FY27) vs ₹305.4 lakhs (Q1 FY26)
  • Tax expense: ₹78.1 lakhs (Q1 FY27) vs ₹72.4 lakhs (Q1 FY26)
  • Profit for the period: ₹270.3 lakhs (Q1 FY27) vs ₹233.0 lakhs (Q1 FY26)
  • Total Comprehensive Income: ₹126.7 lakhs (Q1 FY27) vs ₹233.5 lakhs (Q1 FY26)

Earnings Per Share (Face Value ₹5 each):

  • Basic EPS: ₹11.95 (Q1 FY27) vs ₹10.30 (Q1 FY26)
  • Diluted EPS: ₹11.95 (Q1 FY27) vs ₹10.30 (Q1 FY26)

Balance Sheet Items:

  • Paid-up equity share capital: ₹113.1 lakhs (unchanged)

Management Changes

1. CFO Transition:

  • Mr. Elango Srinivasan will cease to be Chief Financial Officer effective closure of business hours on September 30, 2026
  • His designation changes to "Special Projects Head - Finance" effective October 1, 2026
  • Based on recommendations of Nomination and Remuneration Committee

2. New CFO Appointment:

  • Mr. Saravana Kumar M appointed as Chief Financial Officer and Senior Management Personnel effective October 1, 2026
  • Qualified Chartered Accountant with over 25 years of experience
  • Previously associated with Bosch and SEG Automotive India Private Limited
  • Expertise in financial management, operational excellence, corporate governance, M&A, and enterprise risk management
  • Appointment based on recommendations of Nomination and Remuneration Committee

Operational Context

  • Company operates in single segment: Electrical and Electronic products for two/three wheelers and engines
  • During previous year, wholly owned subsidiary PT Automotive Systems Indonesia Ltd. was dissolved and ceased to exist effective June 25, 2025
  • With effect from April 1, 2026, the Company no longer has any subsidiary and is not required to prepare consolidated financial results

Exceptional Items Note

  • Previous year (FY26) included exceptional item of ₹1,521 lakhs related to compensation on compulsory acquisition of land in Gurugram in 2010 (₹445 lakhs compensation + ₹1,076 lakhs interest)
  • No exceptional items in current quarter (Q1 FY27)

Meeting Details

  • Board meeting commenced at 02:00 PM and concluded at 04:15 PM on August 07, 2026
  • Copy of intimation available on Company's website at www.indianippon.com

#Tags: #IndiaNipponElectricals #Q1Results #ManagementChange #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral