Hello Friends! Are you looking to invest in the stock market, or have you already invested? Would you like to know the predictions regarding the potential fluctuations in your shares? If so, you have landed on exactly the right page. On this page, you will find information regarding Indo National ltd products, Indo national share price target 2030, Indo national share price future, Indo National battery share price, Indo national share price screener, and much more. Furthermore, this page provides details on Indo National‘s share price targets 2026, 2027, 2028, 2029, 2030, 2040, and beyond.
Indo National Company Information
| Industry | Electronics |
| Headquarters | Chennai, Tamil Nadu, India |
| Founded | 1972 |
| Founder | P Obul Reddy |
| Products | Batteries Torches |
Indo National Share Price Target Overview
- Current Price – 441.00
- Open – 448.00
- High – 469.00
- Low – 439.00
- Mkt cap – 330.75Cr
- P/E ratio – N/A
- 52-wk high – 534.95
- 52-wk low – 257.00
- Dividend – 1.13%
- Qtrly div amt – 1.25
Indo National Share Price Chart

Indo National Share Price Target Tomorrow
| Indo National Share Price Target Years | Indo National Share Price Target |
| 2026 | ₹540 |
| 2027 | ₹590 |
| 2028 | ₹640 |
| 2029 | ₹700 |
| 2030 | ₹750 |
Indo National Share Price Target 2026
The target for Indo National’s share price in 2026 is projected to range between ₹530 and ₹540. As of the start of May 2026, Indo National’s share price stood at ₹441.00. Compared to the previous year, Indo National’s share price has witnessed an increase this year.
Indo National Share Price Target 2027
The target for Indo National’s share price in 2027 is projected to range between ₹580 and ₹590. On 8 May 2026, Indo National Share price NSE is 441.00 INR. Compared to last year, no significant difference has been observed in the share price of Indo National. The share price has increased by approximately 40-50 rupees.
Indo National Share Price Target 2030
The target for Indo National’s share price in 2030 is projected to range between ₹740 and ₹750. Over the past several years, the company has generated substantial profits, and investors, too, have earned handsome returns proportionate to their shareholdings. We remain optimistic that the company will continue to generate profits in the future, thereby ensuring continued returns for its investors.
Risks and Challenges Of Indo National Share Price
Here are 8 key factors affecting the growth of Indo National share price:
- Indo National’s business depends heavily on consumer demand for batteries and electrical products. A slowdown in spending can directly affect sales and impact the share price.
- Rising raw material costs such as zinc, manganese, and other metals can reduce profit margins if the company is unable to pass higher costs to customers.
- Strong competition from both organized and local battery brands creates pricing pressure and may limit market share growth.
- The company’s performance is linked to rural and semi-urban demand. Weak economic conditions or lower disposable income in these areas can hurt revenue growth.
- Rapid technological changes and the shift toward rechargeable and advanced battery solutions may reduce demand for traditional battery products over time.
- Any disruption in the supply chain, transportation, or availability of imported materials can impact production and delivery schedules.
- Dependence on a limited product segment increases business risk. If demand in the battery category weakens, overall earnings may suffer.
- Stock market volatility, weak quarterly results, or negative investor sentiment toward small-cap companies can lead to sharp fluctuations in Indo National share price.
Read Also:- Usha Martin Share Price Target Tomorrow From 2026 to 2030 – Current Chart, Market Overview
Key Factors Affecting Growth Indo National Share Price
Here are 8 key factors affecting the growth of Indo National share price:
- Strong demand for batteries, flashlights, and electrical products in both urban and rural markets can support Indo National’s revenue growth and improve investor confidence.
- Expansion of distribution networks and dealer reach across India can help the company increase sales volume and strengthen its market presence.
- Growth in the consumer electronics and household appliance sectors may increase demand for the company’s battery products over the long term.
- Introduction of new and advanced battery technologies, including rechargeable solutions, can help the company stay competitive and attract more customers.
- Improvement in profit margins through cost control, efficient manufacturing, and better supply chain management can positively influence the share price.
- Rising brand recognition and customer trust in products like Nippo batteries can help Indo National maintain stable demand in a competitive market.
- Favorable government policies supporting manufacturing and domestic production under initiatives like “Make in India” may benefit the company’s business expansion.
- Better quarterly earnings, higher dividends, and consistent financial performance can increase investor interest and drive long-term growth in Indo National share price.
Indo National Shareholding Pattern

| Promoter | 65.4% |
| FII | 0% |
| DII | 0% |
| Public | 34.6% |
Income Statement Of Indo National

|
All values in INR
|
Mar 2025
|
Jun 2025
|
Sep 2025
|
Dec 2025
|
|---|---|---|---|---|
|
Revenue
|
971.08M
|
1.19B
|
1.20B
|
1.06B
|
|
Cost of goods sold
|
664.99M
|
729.91M
|
709.68M
|
658.42M
|
|
Cost of revenue
|
664.99M
|
729.91M
|
709.68M
|
658.42M
|
|
Research and development expenses
|
–
|
–
|
–
|
–
|
|
Total research and development expenses
|
–
|
–
|
–
|
–
|
|
Selling, general, and admin expenses
|
323.91M
|
192.39M
|
195.96M
|
203.38M
|
|
Operating expense
|
352.91M
|
468.68M
|
479.62M
|
506.12M
|
|
Total operating expenses
|
1.02B
|
1.20B
|
1.19B
|
1.16B
|
|
Operating income
|
-46.82M
|
-4.19M
|
6.68M
|
-101.45M
|
|
Other non operating income
|
-54.97M
|
22.04M
|
15.56M
|
23.22M
|
|
EBT including unusual items
|
-26.39M
|
11.45M
|
15.45M
|
-84.62M
|
|
EBT excluding unusual items
|
-78.45M
|
11.45M
|
15.45M
|
-84.62M
|
|
Income tax expense
|
-27.21M
|
1.20M
|
4.10M
|
-6.10M
|
|
Effective tax rate
|
103.10%
|
10.48%
|
26.55%
|
7.21%
|
|
Other operating expenses
|
-376.00K
|
244.23M
|
250.69M
|
269.49M
|
|
Net income
|
819.00K
|
10.25M
|
13.85M
|
-78.44M
|
|
Net profit margin
|
0.08%
|
0.86%
|
1.16%
|
-7.38%
|
|
Earnings per share
|
–
|
–
|
–
|
–
|
|
Interest and investment income
|
29.94M
|
–
|
–
|
–
|
|
Interest expense
|
-4.64M
|
-5.97M
|
-7.23M
|
-6.39M
|
|
Net interest expenses
|
25.31M
|
-5.97M
|
-7.23M
|
-6.39M
|
|
Depreciation and amortization charges
|
29.37M
|
32.07M
|
32.98M
|
33.24M
|
|
EBITDA
|
-22.62M
|
28.90M
|
39.20M
|
-77.24M
|
|
Gain or loss from assets sale
|
–
|
–
|
–
|
–
|

Hi, I’m Ronak, a news writer covering the latest updates in automobiles, education, smartphones, and trending topics. I focus on delivering simple, clear, and timely news to keep readers informed about what’s happening around the world.