Igarashi Motors India is currently trading at Rs. 595.55, up by 5.35 points or 0.91% from its previous closing of Rs. 590.20 on the BSE.The scrip opened at Rs. 591.35 and has touched a high and low of Rs. 598.75and Rs. 586.85 respectively. So far 277 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 894.24 on 31-Oct-2017 and a 52 week low of Rs. 580.10 on 26-Oct-2018. Last one week high and low of the scrip stood at Rs. 617.50 and Rs. 580.10 respectively. The current market cap of the company is Rs. 1874.50 crore.The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 13.40% and 11.60% respectively.Igarashi Motors India has completed the acquisition of export division of Agile Electric Sub Assembly as a going concern on Slump Sale in terms of Business Transfer Agreement which were executed between the company and Agile Electric Sub Assembly. Igarashi Motors India is engaged in the production and sales of D.C. motors for toys and model ships. The product range of the company includes DC Motors, Gear Motors, High Voltage Motors, Armatures, etc.

The sales for the June 2018 quarter moved down to Rs. 1106.54 millions as compared to Rs. 1332.43 millions during the year-ago period.The Net proft of the company remain more or less same to Rs. 138.92  millions from Rs. 179.88 millions ,decline by -22.77%.The company reported a degrowth in operating Profit to 291.12 millions from 330.23 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 1106.54 1332.43 -16.95 1106.54 1332.43 -16.95 4584.42 5164.43 -11.23 Other Income 51.82 44.61 16.16 51.82 44.61 16.16 264.78 170.82 55.01 PBIDT 291.12 330.23 -11.84 291.12 330.23 -11.84 1287.40 1378.52 -6.61 Interest 6.59 3.17 107.89 6.59 3.17 107.89 19.64 22.37 -12.20 PBDT 284.53 327.06 -13.00 284.53 327.06 -13.00 1267.77 1356.15 -6.52 Depreciation 66.04 58.50 12.89 66.04 58.50 12.89 246.60 220.31 11.93 PBT 218.49 268.56 -18.64 218.49 268.56 -18.64 1021.17 1135.83 -10.09 TAX 79.56 88.68 -10.28 79.56 88.68 -10.28 358.44 382.66 -6.33 Deferred Tax 4.58 -12.14 -137.73 4.58 -12.14 -137.73 -7.54 22.53 -133.47 PAT 138.92 179.88 -22.77 138.92 179.88 -22.77 662.73 753.18 -12.01 Equity 306.08 306.08 0.00 306.08 306.08 0.00 306.08 306.08 0.00 PBIDTM(%) 26.31 24.78 6.15 26.31 24.78 6.15 28.08 26.69 5.21

Net sales declined -18.01%  to  Rs. 1019.47 million from Rs. 1243.39 millions.Net profit declined -15.38% to Rs. 153.65 millions from Rs. 181.58 millions.Operating Profit reported a sharp decline to 291.90 millions from 355.49 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 1019.47 1243.39 -18.01 3443.15 3794.84 -9.27 5107.65 4476.24 14.11 Other Income 89.10 46.41 91.98 189.49 127.59 48.51 146.70 143.03 2.57 PBIDT 291.90 355.49 -17.89 949.24 1049.18 -9.53 1351.10 1213.30 11.36 Interest 5.79 8.69 -33.37 13.05 22.48 -41.95 17.70 50.08 -64.66 PBDT 286.11 346.80 -17.50 936.19 1026.70 -8.82 1333.40 1163.22 14.63 Depreciation 60.58 66.38 -8.74 178.01 153.62 15.88 220.31 189.63 16.18 PBT 225.53 280.42 -19.57 758.18 873.08 -13.16 1113.09 973.59 14.33 TAX 71.89 98.85 -27.27 260.77 305.95 -14.77 375.39 337.18 11.33 Deferred Tax -7.34 -1.27 477.95 -16.61 12.12 -237.05 15.26 2.18 600.00 PAT 153.65 181.58 -15.38 497.42 567.14 -12.29 737.70 636.41 15.92 Equity 306.08 306.08 0.00 306.08 306.08 0.00 306.08 306.08 0.00 PBIDTM(%) 28.63 28.59 0.15 27.57 27.65 -0.28 26.45 27.11 -2.41

The quarter ended June 2017 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 1308.14 millions.The Net proft of the company remain more or less same to Rs. 179.88  millions from Rs. 189.62 millions ,decline by -5.14%.A decline of 330.23 millions was observed in the OP in the quarter ended June 2017 from 344.46 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 1308.14 1254.01 4.32 1308.14 1254.01 4.32 5107.65 4476.24 14.11 Other Income 44.61 39.23 13.71 44.61 39.23 13.71 146.70 143.03 2.57 PBIDT 330.23 344.46 -4.13 330.23 344.46 -4.13 1351.10 1213.30 11.36 Interest 3.17 13.15 -75.89 3.17 13.15 -75.89 17.70 50.08 -64.66 PBDT 327.06 331.31 -1.28 327.06 331.31 -1.28 1333.40 1163.22 14.63 Depreciation 58.50 43.18 35.48 58.50 43.18 35.48 220.31 189.63 16.18 PBT 268.56 288.13 -6.79 268.56 288.13 -6.79 1113.09 973.59 14.33 TAX 88.68 98.51 -9.98 88.68 98.51 -9.98 375.39 337.18 11.33 Deferred Tax -12.14 9.68 -225.41 -12.14 9.68 -225.41 15.26 2.18 600.00 PAT 179.88 189.62 -5.14 179.88 189.62 -5.14 737.70 636.41 15.92 Equity 306.08 306.08 0.00 306.08 306.08 0.00 306.08 306.08 0.00 PBIDTM(%) 25.24 27.47 -8.10 25.24 27.47 -8.10 26.45 27.11 -2.41

Igarashi Motors India is currently trading at Rs. 869.20, down by 24 points or 2.69% from its previous closing of Rs. 893.20 on the BSE.The scrip opened at Rs. 891.00 and has touched a high and low of Rs. 891.00 and Rs. 861.20 respectively. So far 3192 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 948.00 on 04-May-2017 and a 52 week low of Rs. 588.25 on 24-May-2016.Last one week high and low of the scrip stood at Rs. 934.55 and Rs. 861.20 respectively. The current market cap of the company is Rs. 2658.96 crore.The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.91% and 13.09% respectively.Igarashi Motors India reported a fall of 3.61% in its net profit at Rs 17.88 crore for the quarter ended March 31, 2017 as compared to Rs 18.55 crore for the same quarter in the previous year. However, total income of the company increased by 1.73% at Rs 131.39 crore for quarter under review as compared to Rs 129.15 crore for the quarter ended March 31, 2016.For the year ended March 31, 2017, the company has posted a jump of 15.92% in its net profit at Rs 73.77 crore as compared to Rs 63.64 crore in FY16. Total income of the company increased by 13.78% at Rs 522.56 crore for year under review as compared to Rs 459.29 crore for the year ended March 31, 2016.

Igarashi Motors India has informed about closure of trading window.The above information is a part of company’s filings submitted to BSE.

Igarashi Motors India has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Igarashi Motors India has informed about Credit Rating for Bank Facilities.The above information is a part of company’s filings submitted to BSE.

Igarashi Motors India has informed about Outcome of Board Meeting held on December 26, 2016.The above information is a part of company’s filings submitted to BSE.

Igarashi Motors India has informed about Q1 FY 2016-17 Earnings Conference Call Transcript.The above information is a part of company’s filings submitted to BSE.

Igarashi Motors India has submitted a copy of proceedings of the 24th Annual General Meeting of the Company was held on August 04, 2016.The above information is a part of company’s filings submitted to BSE.

Igarashi Motors India has informed about the details of Voting results at the 24th Annual General Meeting (AGM) of the Company held on August 04, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizers Report.The above information is a part of company’s filings submitted to BSE.