Igarashi Motors India logo

Igarashi Motors India share price

NSE: IGARASHIBSE: 517380Auto ComponentsSmall Cap

Formerly CG Igarshi Motors
Last close ₹354.05down ₹12.00 (3.28%)BSE ₹355.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹366.05.

52-week range of traded prices to 23 Oct 2026
₹271.05Low, 30 Mar 2026₹537.90High, 6 Aug 2026
Market cap
₹1,114 Cr1,390th largest listed
P/E
67.9
P/B
2.4
Dividend yield
0.37%
ROE
3.5%
ROCE
4.8%
Debt to equity
0.28
Volume, NSE
51,43839.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−30.5%over a year · Nifty 500 −9.8%

ResultsDividend20-session average 47,025 shares a day, 44.8% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

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

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹458 Cr, differs from its quarters added, ₹450 Cr. From the year to Mar 2019, the company's revenue for that year, ₹606 Cr, differs from its quarters added, ₹507 Cr.

₹ croreSep 2024Filed 14 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 7 AugSep 2025Filed 6 NovDec 2025Filed 11 FebMar 2026Filed 21 MayJun 2026Filed 6 Aug
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.PE ratio and valuation history

Price to earnings

At or below today's level on 57% of 2,173 trading days over the last 10 years.

LowestHighest
Its median61.5Industry median23.0
Price to book

At or below today's level on 24% of 1,971 trading days since Nov 2018.

LowestHighest
Its median3.0Industry median2.7
EV to EBITDA14.1

At or below today's level on 20% of 1,971 trading days since Nov 2018.

LowestHighest
Its median18.9Industry median13.1
Dividend yield

At or below today's level on 47% of 2,443 trading days over the last 10 years.

LowestHighest
Its median0.41%Industry median0.63%

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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.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.

Mutual funds holding it

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.

Peers and competitors

Auto Components & Equipments, 155 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Igarashi Motors India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Rico Auto Industries logoRico Auto IndustriesRICOAUTO1,36744.71.810.1+21.4%−4.5%4.1%6.7%0.54%
Alicon Castalloy logoAlicon CastalloyALICON1,31536.02.18.1+13.7%+0.1%6.0%9.8%0.62%
Jay Bharat Maruti logoJay Bharat MarutiJAYBARMARU1,2459.01.85.9+13.3%+172.0%22.0%16.6%0.61%
Bharat Seats logoBharat SeatsBHARATSE1,14624.85.011.2+48.3%+31.2%21.8%24.6%0.82%
Automobile Corporation of Goa logoAutomobile Corporation of GoaACGL1,04318.43.313.0+24.7%−4.2%19.0%18.6%1.61%
Pradeep Metals logoPradeep MetalsPRADPME1,007–6.118.7+11.4%––19.8%0.43%
The Hi-Tech Gears logoThe Hi-Tech GearsHITECHGEAR94748.01.810.8+6.7%−38.6%3.9%4.7%0.79%
Saint Gobain Sekurit India logoSaint Gobain Sekurit IndiaSEKURITIND94221.23.919.5+16.0%+13.7%19.4%18.5%2.42%
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.Dividend history and dates

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

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.Share news and 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 last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
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%
14 Oct 2026406.60409.45400.45408.15406.1020,56538.7%
13 Oct 2026400.00409.00394.35406.80403.3636,58136.7%
12 Oct 2026396.10402.35393.60398.80397.4517,68049.3%
9 Oct 2026394.40399.25388.25396.10393.3222,25342.0%
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

Legal name
Igarashi Motors India Limited
NSE symbol
IGARASHI
BSE code
517380
ISIN
INE188B01013
Industry
Auto Components
Listed
Mar 1994 on BSE, Oct 2003 on NSE
Face value
₹10
Former symbols
CGIGARSH
CIN
L29142TN1992PLC021997
Corporate identity number, the registrar of companies' code for it