Igarashi Motors India logo

Igarashi Motors India share price

NSE: IGARASHIBSE: 517380Auto ComponentsSmall Cap

Igarashi Motors India Limited · Formerly CG Igarshi Motors · Face value ₹10 · Listed Mar 1994 on BSE, Oct 2003 on NSE
Last close ₹367.55down ₹1.10 (0.30%)BSE ₹365.90

Share price at the NSE close on 29 Oct 2026. Previous close ₹368.65.

29 Oct: open ₹371.80, high ₹371.80, low ₹362.55

52-week range of traded prices to 29 Oct 2026
₹271.05Low, 30 Mar 2026₹537.90High, 6 Aug 2026
Market cap
₹1,157 Cr1,390th largest listed
P/E
70.52
P/B
2.48
Dividend yield
0.35%
ROE
3.5%
ROCE
4.8%
Debt to equity
0.28
Volume, NSE
29,48842.1% delivered

Igarashi Motors India share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−27.8%over a year · Nifty 500 −8.4%

ResultsDividend20-session average 43,375 shares a day, 43.9% delivered

Results

Standalone; ₹ crore.Igarashi Motors India quarterly results

Revenue growth, 12 months
+11.1%
Net profit growth, 12 months
−11.4%

Quarter to Jun 2026, against the quarter before

Revenue
₹251 Crup 11.02%
Net profit
₹6.77 Crup 324.28%
Net margin
2.7%

Revenue by quarter

₹216 CrSep 24₹211 CrDec 24₹189 CrMar 25₹205 CrJun 25₹219 CrSep 25₹216 CrDec 25₹226 CrMar 26₹251 CrJun 26
Peak revenue ₹251 Cr, quarter to Jun 2026; lowest ₹189 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹7.79 CrSep 24₹5.16 CrDec 24₹3.06 CrMar 25₹2.51 CrJun 25₹4.54 CrSep 25₹3.50 CrDec 25₹1.59 CrMar 26₹6.77 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue216211189205219216226251
Net profit85335427
Net margin3.6%2.4%1.6%1.2%2.1%1.6%0.7%2.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, standalone.Segment revenue and profit

  • Automotive₹762 Crup 9.43%88.0%
  • Non-automotive₹104 Crdown 26.82%12.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2019: days before it are of the company before the change.Igarashi Motors India PE ratio and valuation

Price to earnings

At or below today's level on 59% of 2,172 trading days over the last 10 years.

LowestHighest
Its median61.57Industry median23.59
Price to book

At or below today's level on 29% of 1,975 trading days since Nov 2018.

LowestHighest
Its median3.01Industry median2.76
Dividend yield

At or below today's level on 45% of 2,442 trading days over the last 10 years.

LowestHighest
Its median0.41%Industry median0.61%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−44.3%−49.7%+10.0%0.5%
3 years−7.3%+32.4%−30.3%0.4%
5 years+0.4%−13.9%+16.2%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Igarashi Motors India shareholding pattern

Shareholding by group

  • Promoters75.00%
  • Foreign institutions0.04%
  • Indian institutions3.64%
  • Individuals and others21.32%
Holder
AGILE ELECTRIC SUB ASSEMBLY PVT LTDPromoter54.46%
IGARASHI ELECTRIC WORKS LIMITEDPromoter12.59%
M S IGARASHI ELECTRIC WORKS H.K. LTDPromoter7.94%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.46 pts, Indian institutions −0.01 pts, mutual funds unchanged.

Mutual fund holdings

2 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
2
Fund
Kotak Mahindra Mutual Fund logoKotak MNC FundKotak Mahindra Mutual Fund6,50,0001.17%₹26.2 Cr
Kotak Mahindra Mutual Fund logoKotak Transportation & Logistics FundKotak Mahindra Mutual Fund3,14,0002.33%₹12.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Igarashi Motors India competitors and peers

Auto Components & Equipments, 155 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Igarashi Motors India in market cap.Automobile companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Alicon Castalloy logoAlicon CastalloyALICON1,41138.592.25+13.7%+0.1%6.0%9.8%0.58%
Rico Auto Industries logoRico Auto IndustriesRICOAUTO1,40145.791.80+21.4%−4.5%4.1%6.7%0.53%
Bharat Seats logoBharat SeatsBHARATSE1,26724.565.10+48.4%+35.5%22.7%25.2%0.74%
Jay Bharat Maruti logoJay Bharat MarutiJAYBARMARU1,2388.961.78+13.3%+172.0%22.0%16.6%0.61%
Pradeep Metals logoPradeep MetalsPRADPME1,119–6.81+11.4%––19.8%0.39%
Automobile Corporation of Goa logoAutomobile Corporation of GoaACGL1,07619.013.38+24.7%−4.2%19.0%18.6%1.56%
Munjal Auto Industries logoMunjal Auto IndustriesMUNJALAU993–2.13+22.3%––8.7%1.01%
The Hi-Tech Gears logoThe Hi-Tech GearsHITECHGEAR93647.431.79+6.7%−38.6%3.9%4.7%0.80%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Igarashi Motors India dividend history

Dividend per share, ₹, restated for later splits and bonuses

5.9Mar 175.3Mar 184.9Mar 191.2Mar 201.5Mar 21Mar 221Mar 231Mar 242.5Mar 251.3Mar 26
Highest ₹5.88 a share, year to Mar 2017.
Ex-dateTypePer share
31 Jul 2026Final₹1.30
31 Jul 2025Final₹2.50
31 Jul 2024Final₹1.00
31 Jul 2023Final₹1.00
29 Jul 2021Final₹1.50
9 Sep 2020Final₹1.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Igarashi Motors India announcements

Igarashi Motors India share price by year

Each calendar year to 2025.Igarashi Motors India share price history

YearClose at year endChangeHighest closeLowest close
2025435.95−39.1%753.90420.70
2024715.35+37.9%829.35410.30
2023518.90+28.4%662.85335.70
2022404.05−16.3%530.80257.25
2021483.00+42.7%582.60265.70
2020338.40−8.1%372.50154.30
2019368.05−35.2%565.85178.00
2018568.40−25.6%765.82556.10
2017764.22+21.6%975.16631.76
2016628.34+14.6%733.03337.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026366.00373.95362.10368.65368.5926,19349.0%
27 Oct 2026367.45371.00358.40365.35365.3920,86441.5%
26 Oct 2026350.65366.15349.20358.40357.8438,13736.6%
23 Oct 2026365.10370.90347.00354.05353.6751,43839.8%
22 Oct 2026370.10370.10362.05366.05366.1029,85541.5%
21 Oct 2026390.60393.25370.00371.95378.0165,55057.4%
19 Oct 2026403.20403.20392.10393.90396.3324,60850.6%
16 Oct 2026395.20407.00392.95403.20400.6428,07746.8%
15 Oct 2026408.00408.00393.50396.60399.5132,60257.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
27 Sep 2018Bonus0.8899Holders received 25 bonus shares for every 202 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
HEMANT NERURKAR MADHUSUDAN
At the end of the quarter to Sep 2026
Managing director
RAJAGOPAL CHANDRASEKARAN
At the end of the quarter to Sep 2026
NSE symbol
IGARASHI
BSE code
517380
ISIN
INE188B01013
Industry
Auto Components
Former symbols
CGIGARSH
CIN
L29142TN1992PLC021997
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
Plot No B-12 to B-15, Phase II, MEPZ - SEZ, Tambaram, Chennai 600045, Tamil Nadu
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments