Indo-National (NIPPOBATRY) | News Based Sentiment Analysis

• On September 27, 2025, Indo National Limited announced its Q1 FY2025-26 results, reporting a total income of ₹121.64 crores, up from ₹112.72 crores in the same quarter last year, signaling revenue growth. Profit after tax also increased to ₹1.62 crores, compared to ₹1.01 crores in Q1 FY2024-25, indicating improved profitability.
• The company highlighted that its digital business doubled year-on-year, now contributing 5% to overall revenues, driven by strong performance in the battery segment – particularly alkaline batteries – and successful new product launches like "Swooper Mosquito Repellent" and "BLDC Fans".
• Despite the positive Q1 results, Indo National’s share price decreased by 3.25% to ₹450.55 as of September 26, 2025, and has declined by 4.36% over the past month, reflecting ongoing investor caution.
• Over the last 12 months, the share price has declined by 22.74% on the BSE, reaching a 52-week low of ₹388.10, despite a 52-week high of ₹609, demonstrating significant volatility.
• Earlier in the month, on September 17, 2025, the company provided an update on the hearing by the NCLT Chennai Bench regarding the Scheme of Amalgamation, suggesting continued progress in the legal proceedings.
• Following the Q1 FY25-26 results reported on September 17, 2025, Simply Wall St. noted the ₹5.00 dividend announced on September 3, 2025, payable on October 26, 2025, as an “attractive boost to shareholder returns,” despite acknowledging weak cash flows.

The Investment Story: September brought a mixed bag for Indo National, with improved financial results and continued restructuring efforts offset by a declining share price and lingering concerns about profitability. The company is attempting to balance short-term gains with long-term strategic changes.

What It Means for Investors: The improved Q1 results offer some encouragement, but the declining share price and past year's performance suggest continued risk. The dividend provides some return, but the underlying financial challenges require careful consideration.

Looking Ahead: Investors should closely monitor the outcome of the NCLT Chennai Bench hearing regarding the Scheme of Amalgamation and pay attention to the company’s 52nd Annual General Meeting on September 26, 2025, for further insights.

The Bottom Line: Indo National remains a speculative investment. While the recent results are positive, the overall trend and ongoing restructuring warrant a cautious approach and close monitoring of upcoming developments.