India Nippon Electricals Share Price Target 2026, 2027, 2030, 2040, 2050
India Nippon Electricals is a well-known Indian company that makes simple auto electrical parts for two-wheelers, three-wheelers, and small engines. The company is a joint venture between Lucas Indian Service Ltd from the Lucas-TVS Group and MAHLE Electric Drives Japan Corporation of Japan. It makes products like ignition systems, CDI units, ignition coils, voltage regulators, controllers, sensors, flywheel magnetos, and ECUs, which help vehicles start easily and run properly. It has factories in Hosur (Tamil Nadu), Puducherry, and Haryana, and supplies parts to big vehicle companies and the spare parts market. The company is also working on electric vehicle parts like DC-DC converters and traction motors, showing its focus on future EV technology.
- 1 What is India Nippon Electricals Ltd NSE: INDNIPPON?
- 2 India Nippon Electricals Share Price Target
- 3 India Nippon Electricals Share Price Target 2026
- 4 India Nippon Electricals Share Price Target 2027
- 5 Share Price Target 2028
- 6 Share Price Target 2029
- 7 India Nippon Electricals share price Target 2030
- 8 Share Price Target 2040
- 9 Share Price Target 2050
- 10 Should I buy India Nippon Electricals stock?
- 11 India Nippon Electricals earnings results
- 12 Is India Nippon Electricals stock good to buy? (bull case & bear case)
- 13 Conclusion
- 14 FAQs
What is India Nippon Electricals Ltd NSE: INDNIPPON?
India Nippon Electricals was established in 1984 in Chennai, Tamil Nadu, and is owned by Lucas Indian Service Limited of the Lucas-TVS Group. It is an Indian company that makes simple and useful auto electrical parts. The company mainly makes electronic ignition systems and other parts used in two-wheelers, three-wheelers, and small engines. These parts help vehicles start easily and run smoothly. It supplies its products to many well-known vehicle companies and is also working on new electronic and electric vehicle products, making it a reliable and experienced auto parts company.
From the beginning, the company focused on making good-quality and reliable products. Over the years, it became well known by supplying important engine and electrical parts to vehicle companies. It mainly works with two-wheelers, three-wheelers, and small engines, which are widely used in India. The company has grown slowly and steadily by using better technology, adding new products, and keeping good relations with customers. Today, it is known as a trusted and stable company in the Indian auto parts industry. In 2026, its share price target would be ₹1401, as per stock market analysts.
Its share price would be between ₹632 to ₹1401 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 632 | 1401 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 661 | 867 |
| February | 645 | 956 |
| March | 632 | 1075 |
| April | 755 | 1123 |
| May | 832 | 1176 |
| June | 965 | 1200 |
| July | 1076 | 1243 |
| August | 1100 | 1287 |
| September | 1132 | 1300 |
| October | 1154 | 1343 |
| November | 1176 | 1356 |
| December | 1276 | 1401 |
The main work of the company is to design, make, and supply electrical and electronic parts used in vehicles and engines. These parts help engines start easily, run smoothly, and work properly. The company mainly makes products for two-wheelers, three-wheelers, portable engines, and small engines. It does not make vehicles, but its parts are very important for vehicle performance. The company works closely with vehicle manufacturers to understand their needs and make suitable products. In 2027, its share price target would be ₹2141, as per stock market analysts.
Its share price would be between ₹1349 to ₹2141 in 2027, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 1349 | 2141 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1349 | 1476 |
| February | 1376 | 1556 |
| March | 1443 | 1676 |
| April | 1543 | 1766 |
| May | 1576 | 1790 |
| June | 1621 | 1867 |
| July | 1665 | 1890 |
| August | 1690 | 1943 |
| September | 1743 | 1956 |
| October | 1823 | 2065 |
| November | 1887 | 2065 |
| December | 1976 | 2141 |
It is best known for its ignition system products. These include flywheel magnetos, ignition coils, CDI units, TCI units, and voltage regulators. Ignition systems are very important because they help start the engine and control the spark needed for the engine to run. If the ignition system does not work well, the engine will not perform properly. It designs its ignition products to be strong, long-lasting, and suitable for different road and weather conditions. In 2028, its share price target would be ₹2785, as per stock market analysts.
Its share price would be between ₹2070 to ₹2785 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 2070 | 2785 |
It also makes electronic control units and controllers. These parts help control engine and vehicle functions using electronic signals instead of mechanical parts. Controllers and ECUs help improve fuel efficiency, engine performance, and pollution control. As vehicles become more modern, the use of electronic parts is increasing, and it is growing with this change. The company uses both hardware and software to make reliable control systems. These products are tested carefully to make sure they work correctly and last a long time. In 2029, its share price target would be ₹3441, as per stock market analysts.
Its share price would be between ₹2667 to ₹3441 in 2029, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 2667 | 3441 |
The company has a special R&D team that works on new products and improves existing ones. This team also tests products to make sure they meet quality standards. R&D helps the company follow new pollution rules and meet customer needs. Engineers work to improve product performance, reduce costs, and increase product life. Continuous research also helps the company move into new areas like electric vehicle parts. By investing in research, it stays competitive and ready for future changes in the auto industry. In 2030, its share price target would be ₹4098, as per stock market analysts.
Its share price would be between ₹3376 to ₹4098 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 3376 | 4098 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3376 | 3490 |
| February | 3456 | 3576 |
| March | 3476 | 3600 |
| April | 3532 | 3643 |
| May | 3550 | 3667 |
| June | 3576 | 3690 |
| July | 3611 | 3754 |
| August | 3665 | 3790 |
| September | 3700 | 3856 |
| October | 3743 | 3880 |
| November | 3765 | 3943 |
| December | 3800 | 4098 |
It has three manufacturing plants in India. These plants are located in Hosur in Tamil Nadu, Puducherry, and Haryana. Each plant has modern machines and proper testing equipment. Quality checks are done at every stage of production. Having plants in different locations helps the company supply products easily across India. Skilled workers and engineers manage the production and testing work carefully. These factories help the company deliver products on time and maintain good quality. In 2040, its share price target would be ₹6913, as per stock market analysts.
Its share price would be between ₹6246 to ₹6913 in 2040, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 6246 | 6913 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 6246 | 6378 |
| February | 6300 | 6465 |
| March | 6321 | 6521 |
| April | 6376 | 6576 |
| May | 6454 | 6600 |
| June | 6490 | 6654 |
| July | 6512 | 6680 |
| August | 6543 | 6712 |
| September | 6587 | 6754 |
| October | 6610 | 6790 |
| November | 6654 | 6800 |
| December | 6700 | 6913 |
The demand for electronic parts and electric vehicles is increasing, which gives the company good growth opportunities. It focuses on new technology, good quality products, and strong customer relationships. The company plans to improve its product range and grow in both Indian and international markets. Its long experience, strong group support, and clear plans help it face future challenges with confidence. Overall, it is ready to grow with the changing auto industry and remain a trusted auto parts company. In 2050, its share price target would be ₹9744, as per stock market analysts.
Its share price would be between ₹9093 to ₹9744 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 9093 | 9744 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 9093 | 9210 |
| February | 9121 | 9245 |
| March | 9150 | 9290 |
| April | 9200 | 9376 |
| May | 9211 | 9366 |
| June | 9321 | 9467 |
| July | 9356 | 9513 |
| August | 9390 | 9543 |
| September | 9443 | 9587 |
| October | 9490 | 9600 |
| November | 9519 | 9632 |
| December | 9578 | 9744 |
Should I buy India Nippon Electricals stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 632 | 1401 |
| 2027 | 1349 | 2141 |
| 2028 | 2070 | 2785 |
| 2029 | 2667 | 3441 |
| 2030 | 3376 | 4098 |
| 2040 | 6246 | 6913 |
| 2050 | 9093 | 9744 |
The company is strong and has many years of experience making automotive electrical parts. It is also making parts for electric vehicles, which can help it grow in the future. The company sells its products to big vehicle makers, so its business is reliable. But the stock price is not very low and can go up or down in the short term. This means it may not give quick profits. The stock is better for people who want to invest for a long time.
India Nippon Electricals earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 479 | 481 | 566 | 656 | 724 | 845 | 946 |
| Expenses + | 424 | 436 | 517 | 603 | 658 | 751 | 840 |
| Operating Profit | 55 | 45 | 50 | 53 | 66 | 94 | 106 |
| OPM % | 11% | 9% | 9% | 8% | 9% | 11% | 11% |
| Other Income + | 26 | 16 | 25 | 23 | 25 | 30 | 30 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 9 | 10 | 13 | 15 | 15 | 21 | 21 |
| Profit before tax | 71 | 51 | 62 | 60 | 76 | 103 | 114 |
| Tax % | 24% | 22% | 18% | 20% | 22% | 20% | |
| Net Profit + | 54 | 40 | 50 | 48 | 59 | 82 | 89 |
| EPS in Rs | 24.02 | 17.52 | 22.21 | 21.32 | 26.21 | 36.37 | 39.52 |
| Dividend Payout % | 28% | 34% | 28% | 43% | 39% | 34% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 17.92 | 2.25 | 1.76% | 40.29 | 5.69 | 0.69% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| India Nippon Electricals Ltd | 19.47 | 2.25 | 1.76% |
| Samvardhana Motherson International Ltd | 30.04 | 3.08 | 0.52% |
| Bosch Ltd | 51.61 | 7.53 | 1.45% |
| UNO Minda Ltd | 69.40 | 10.70 | 0.20% |
Is India Nippon Electricals stock good to buy? (bull case & bear case)

Bull Case:
- It made total revenue of ₹874 cr+ in FY 2025, up from ₹748 cr in FY 2024, showing the business is growing.
- Profit after tax increased to ₹82 cr+ in FY 2025, up from ₹59 cr in FY 2024, indicating the company is earning more money.
- In recent quarterly results, revenue was ₹272.56 cr, up nearly 30% from the same quarter last year, showing strong demand.
- Net profit for Q2 FY 26 was ₹23.20 cr, up about 9.6% from the previous year, indicating steady profit growth.
- The company has almost no debt (Debt/Equity ~0.00), which means less financial risk and a strong balance sheet.
- It sells important auto parts to big vehicle makers and is also making parts for electric vehicles, which can help it grow in the future.
Bear Case:
- Even though revenue is growing, profit margins are lower at around 8–9%, which means costs are rising.
- Net profit growth (9.6% YoY) is slower than revenue growth (~30%), showing profit margins are under pressure.
- Big investors like mutual funds own very few shares, which may show less confidence in the stock.
- Return on Assets (ROA) and other efficiency numbers are modest, meaning the company is not earning extra high returns compared to competitors.
Conclusion
It is a well-known Indian company that makes electrical parts for motorcycles, three-wheelers, and small engines, and it is also starting to make parts for electric vehicles. The company has steady sales and profits, very little debt, and reliable products. It supplies parts to big vehicle makers and the spare parts market. Its factories in Hosur, Puducherry, and Haryana make sure the products are good and delivered on time. The stock price can go up or down in the short term, and profits are a bit low, but the company is strong and safe, making it better for people who want to invest for the long term.

