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Igarashi Motors India Ltd dividend

Igarashi Motors India Ltd dividend

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Igarashi Motors India Ltd

NSE: IGARASHI

DPS

1

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Igarashi Motors India Ltd is ₹ 1 as of 2023 .a1#The Dividend Payout of Igarashi Motors India Ltd changed from 26.87 % on March 2019 to 60.08 % on March 2023 . This represents a CAGR of 17.46% over 5 years. a1#The Latest Trading Price of Igarashi Motors India Ltd is ₹ 522.9 as of 23 May 15:30 .a1#The Market Cap of Igarashi Motors India Ltd changed from ₹ 1101 crore on March 2019 to ₹ 1095 crore on March 2023 . This represents a CAGR of -0.11% over 5 years. a1#The Revenue of Igarashi Motors India Ltd changed from ₹ 142.92 crore to ₹ 174.49 crore over 7 quarters. This represents a CAGR of 12.08% a1#The EBITDA of Igarashi Motors India Ltd changed from ₹ 8.14 crore to ₹ 18.03 crore over 7 quarters. This represents a CAGR of 57.53% a1#The Net Profit of Igarashi Motors India Ltd changed from ₹ -4.2 crore to ₹ 1.56 crore over 7 quarters. This represents a CAGR of NaN% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

1,625 Cr

EPS

3.8

P/E Ratio (TTM) *

134.9

P/B Ratio (TTM) *

3.7

DTE *

0.3

ROE *

2.7

ROCE *

5.5

Dividend Yield *

0.29

DPS *

1

Dividend Payout *

60.08

Ann.Dividend % *

10

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1927
Mar '2013
Mar '2118
Mar '220
Mar '2360

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

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Igarashi Motors India Ltd

NSE: IGARASHI

PRICE

522.9

3.15(0.61%)

stock direction

Last updated : 23 May 15:30

SWOT Analysis Of Igarashi Motors India Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

Dividend Overview for Igarashi Motors India Ltd

  • Igarashi Motors India Ltd, boasts of a market capitalization of Rs 1626 Cr., with a share price of Rs 522.90 as of 23 May 15:30. While all stocks don't consistently pay dividends, Igarashi Motors India Ltd rewarded its shareholders, distributing 60.1 % for the full year.
  • In the year ending 2022, Igarashi Motors India Ltd declared a dividend of Rs 0, resulting in a dividend yield of 0.0% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Igarashi Motors India Ltd recorded revenues of Rs 693 Cr, with a trailing EBITDA Margin of 11.3% and net-profit of Rs 12 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '191101
Mar '20585
Mar '21873
Mar '221130
Mar '231095

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22143
Sep '22174
Dec '22171
Mar '22176
Jun '23169
Sep '23179
Dec '23174

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '228
Sep '2216
Dec '2219
Mar '2225
Jun '2317
Sep '2318
Dec '2318

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22-4
Sep '220
Dec '221
Mar '228
Jun '231
Sep '231
Dec '232

* All values are a in crore

About Igarashi Motors India Ltd

About Igarashi Motors India Ltd

    Igarashi Motors India Limited incorporated in January, 1992 is primarily engaged in the manufacture of micro motors and its accessories mainly for the automotive sector. The company came out with a Rs 2.77-cr public issue in Jan.'94 to part-finance a 100% EOU to manufacture permanent magnet DC micro motors. Total project cost was at Rs 10 cr. During 1997-98, the company has expanded capacity of Rotors by 1.5 million nos there by taking the capacity to 3.5 million nos and then to 6 million nos in 1998-99. The company was certified QS 9000 in November 1998 and the Quality System has been upgraded to conform to the latest edition of QS 9000 with effect from January 2000. During 2002-03 Crompton Greaves Limited have divested their holding in favour of Igarashi Electric Works. Since Igarashi Electric Works(HK) ltd have acquired 30,99,993 equity shares of CG Capital & Investments Ltd, the Board has decided to change the name of the company and the Registrar have approved 'Igarashi Motors India Limited' as the new name. The company is examining the possibility of spinning off its non motor business into a focused JV with Igarshi Electric Works, Japan. During the year 2007-08, Company had promoted a Joint Venture viz., Bosch Electrical Drives India Private Limited in India along with Robert Bosch GmbH, Germany for developing, manufacturing and selling DC Motors and Systems for Wiper, HVAC, Engine Cooling and Window lift applications for the fast growing Indian automotive market. It divested investments in Agile Electric Technologies Pvt. Ltd. (Formerly Igarashi Technologies Pvt. Ltd.), Igarashi Electric India Pvt. Ltd. and 26% of investment in Agile Electric Sub Assembly Pvt. Ltd. (Formerly Igarashi Brush Cards Pvt. Ltd.). It invested an additional amount of Rs.5 crores in the Joint Venture with Bosch Electrical Drives India Pvt.Ltd. in 2008-09. During the year 2013-14, Agile Electric Sub Assembly Private Limited along with Blackstone Capital Partners (Singapore) VI FDI Three Pte. Limited and BFIP (Cayman) VI-ESC FDI Three Limited and Mr. P Mukund (Person Acting in Concert') made an open offer to acquire Company's 7,314,694 equity shares in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and acquired 5,834 equity shares at a Price of Rs. 65.80/- per share. On July 30,2015, Igarashi Electric Works Limited, Japan (IEWL) acquired majority stake in Agile Electric Sub Assembly Private Limited [AESPL] (Holding Company). Consequently, IEWL and Mape Securities Private Limited became New Promoters of the Company from July 30,2015 and also AESPL and Igarashi Electric Works (H.K) Limited, Hong Kong (Wholly owned subsidiary of IEWL') became part of Promoter Group. On December 16, 2015, IEWL along with Persons Acting in Concert viz., AESPL and investors issued Open Offer for acquiring 7,960,538 equity shares (26.01%) at a price of Rs. 324.60/- per share. AESPL acquired 600 equity shares tendered in open offer for a consideration of Rs. 194,760/-. During the year 2017-18, Company acquired additional space of four plots on lease from MEPZ-SEZ for setting up of manufacturing lines and warehouse & logistics operations. On April 28, 2017, Mr. P Mukund and Igarashi Motors Sales Pvt Ltd. (IMSPL) acquired 34.04% stake in Agile Electric Sub Assembly Private Limited [AESPL] (Holding Company). Consequently, Mr. P Mukund along with Persons Acting in Concert viz., AESPL and IMSPL issued Open Offer for acquiring 7,958,196 equity shares (26%) at a price of Rs 809.96/- per share to the shareholders of the Company. AESPL acquired 649,955 equity shares tendered in open offer for a consideration of Rs 526,437,551.80/- on April 17, 2018. Consequently, the Promoters & Promoter Group holding increased to 77.12% from 75%. On May 27, 2017, the Board of Directors of the Company, has approved the Scheme of Arrangement for amalgamation of Agile Electric Sub Assembly Private Limited (AESPL) with the Company. The Board of Directors approved issue of bonus equity shares only to the public shareholders of the Company pursuant to the Scheme in the interest of the public shareholders and to ensure compliance of minimum public shareholding post the merger. On September 20, 2018, Company acquired the export division of Agile Electric Sub Assembly Private Limited (AESPL) (Holding Company) for a consideration of Rs 13562 lakhs as a going concern (Slump Sale) along with all assets, liabilities and employees with effect from 01st October, 2018. Upon acquisition of Export Division of AESPL, the Board of Directors approved cancellation of ongoing process of amalgamation of AESPL with the Company as the majority of desired benefits were already been achieved. On August 28,2019, Igarashi Electric Works Ltd, Japan (Promoter) [IGJ' along with Agile Electric Sub Assembly Pvt Ltd (Promoter Group & Holding Company) [AESPL] acquired 21.15% stake in the Company held by Mr. P Mukund (Promoter) as inter-se transfer of shares between Promoters. Despite of this transaction, Promoter & Promoter Group continues to hold 75% stake in the Company. Also IGJ increased its stake to 91.35% from 56.84% in AESPL by acquiring stake from Mr. P Mukund and Igarashi Motors Sales Pvt Ltd. During the year 2020-21, Company disinvested entire 9.20% stake held in Bosch Electrical Drives India Private Limited (BEDPL) in favour of Robert Bosch Investment Netherland B.V, Netherlands. On April 07, 2021, Company had received Sale Consideration of Rs 33.70 Lakhs.

Igarashi Motors India Ltd News Hub

News

Board of Igarashi Motors India recommends Final Dividend

Igarashi Motors India announced that the Board of Directors of the Company at its meeting ...

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23 May 2024 14:42

News

Igarashi Motors India schedules board meeting

Igarashi Motors India will hold a meeting of the Board of Directors of the Company on 23 M...

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10 May 2024 16:12

News

Igarashi Motors India to declare Quarterly Result

Igarashi Motors India will hold a meeting of the Board of Directors of the Company on 9 Fe...

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01 Feb 2024 19:41

News

Igarashi Motors India announces board meeting date

Igarashi Motors India will hold a meeting of the Board of Directors of the Company on 10 N...

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28 Oct 2023 15:57

News

Igarashi Motors India to declare Quarterly Result

Igarashi Motors India will hold a meeting of the Board of Directors of the Company on 9 Au...

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01 Aug 2023 11:55

News

Igarashi Motors India to hold board meeting

Igarashi Motors India will hold a meeting of the Board of Directors of the Company on 9 Au...

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01 Aug 2023 10:46

FAQs for dividends of Igarashi Motors India Ltd

What is the current market price of Igarashi Motors India Ltd Ltd as of May 23, 2024?

The current market price of Igarashi Motors India Ltd Ltd stands at 522.9 per share.

What dividend did Igarashi Motors India Ltd declare in the last fiscal year?

In the last fiscal year, Igarashi Motors India Ltd declared a dividend totaling ₹1.0.

What is the most recent dividend declared by Igarashi Motors India Ltd?

Igarashi Motors India Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Igarashi Motors India Ltd declared dividends in the current fiscal year

Igarashi Motors India Ltd has declared dividends 3 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Igarashi Motors India Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Igarashi Motors India Ltd declared dividends 4 times totaling ₹0.
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