Nippo Batteries Company Ltd


BSE: 504058 | NSE: NIPPOBATRY | ISIN: INE567A01010 
Market Cap: [Rs.Cr.] 97 | Face Value: [Rs.] 10
Industry: Dry Cells

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Company Profile

Promoted by S R Jiwarajka and Matsushita Electrical Company, Japan, in 1972, Indo National (INL) was incorporated as a public limited company. It manufactures Nippo brand dry cell batteries. Matsushita holds 40% of INL's equity. The Indian partner is Obul Reddy. The company has already diversified into the sale of flashlights under the Nippo brand. INL's R&D department has developed batteries for India's defence forces. It has obtained governments permission to manufacture 20,000 sets of tape-recorder-cum-transistors. INL recently added two types of high-performance batteries to its existing brands--UM-3 Premium Gold and UM-1 Mega Super. The UM-3 is meant for walkmans and cameras. The UM-3 has 50% more power compared to the company's Nippo brand and has a longer shelf life of 24 months. The UM-1 mega cells find application in toys and cassette recorders. The company has obtained ISO 9001 certification from TUV CERT certification body of Rheinisch-Westfalischer TUV e.v., for design development, production and sales of Dry Cell Batteries. It is also planning to import alkaline and lithium batteries under the Panasonic brand for marketing in the country. During 2001-02 the Paper Seperator project was completed successfully at a cost of Rs.3.36 crores which was met out of internal accruals. This is an important component in the manufacture of UM-3 batteries.

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
HBL Power System 230.48 20.24 0.43 6.31 2.1 10.5 1.14
Eveready Inds. 128.28 0.00 0.22 0.00 0.0 0.0 0.43
Nippo Batteries 96.58 16.71 0.68 7.85 6.0 8.3 0.03
Panasonic Energy 37.88 16.34 0.56 2.21 2.7 5.8 0.00
Shervani Indl Sy 18.29 23.77 0.09 2.54 1.0 1.1 0.00

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

S Natarajan , Chairman 

P Dwarakanath Reddy , Managing Director & CEO 

R P Khaitan , Joint Managing Director 

V R Gupta , Director 


Company Head Office / Quarters:
Pottipati Plaza 4th Floor,
77 Nungambakkam High Road,
Chennai,
Tamil Nadu-600034
Phone : 91-044-28272711/28275653/28274705
Fax : 91-044-28272218
E-mail : nippo@giasmd01.vsnl.net.in
Web : http://www.nippobatteries.com
Registrars:
Cameo Corporate Services Ltd
Subramanian Building
1ST Floor No 1
Club House Road
Chennai - 600002

Fund Holding

 
Scheme Name No. of Shares
No data found

Calendar

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