Start Filing Your ITR Now
Our plans start from ₹ 499/-

Indo National Ltd Share Price Target From 2025 to 2030

Indo National Ltd—best known for its flagship Nippo battery brand—has been serving Indian households for decades with dry‑cell batteries, flashlights, and other consumer electronics accessories. As demand for portable energy solutions grows and the company diversifies into LEDs and electrical products, investors are eager to understand the Indo National Ltd share price outlook from 2025 to 2030.

This article presents a forward‑looking view of Indo National’s share price targets, built on the latest market data, sector trends, and expert insights so you can evaluate whether the stock fits into your long‑term portfolio.

Current Stock Details of Indo National Ltd

Metric Value
Open ₹472.65
Previous Close ₹472.65
Volume 2,218
Value (Lacs) ₹10.58
VWAP ₹475.98
Beta 0.94
Market Capitalization ₹357 Crores
52‑Week High ₹634.45
52‑Week Low ₹388.10
Face Value ₹5
All‑Time High ₹857.80
All‑Time Low ₹55.55

 

Shareholding Pattern

  • Promoters: 65.35 %

  • Retail & Others: 34.65 %

Indo National Ltd Share Price Target Forecasts from 2025 to 2030

Year Share Price Target (₹)
2025 500 – 560
2026 550 – 615
2027 600 – 680
2028 660 – 745
2029 725 – 815
2030 795 – 900

 

These estimates reflect Indo National’s potential to grow revenue through product diversification, cost optimisation, and deeper rural penetration.

Analysis of Indo National Ltd Share Price Targets

Indo National Ltd Share Price Target 2025

A range of ₹500 – ₹560 is projected for 2025. Growth catalysts include:

  • Expansion of the LED lighting and electrical accessories portfolio

  • Stable battery demand in rural and semi‑urban markets

  • High promoter holding ensuring strategic continuity

Indo National Ltd Share Price Target 2026

For 2026, the share could move to ₹550 – ₹615 driven by:

  • Improved operating margins via localisation of raw‑material sourcing

  • Strong distribution tie‑ups with large retail chains

  • Rising replacement demand for batteries in toys, remotes, and torches

Indo National Ltd Share Price Target 2027

In 2027, the projected band is ₹600 – ₹680 owing to:

  • Increased export orders for dry‑cell batteries in emerging markets

  • Launch of rechargeable and eco‑friendly battery lines

  • Enhanced brand visibility through digital marketing campaigns

Indo National Ltd Share Price Target 2028

By 2028, the stock may trade between ₹660 – ₹745 as a result of:

  • Efficiency gains from automation in manufacturing plants

  • Higher revenue share from LED bulbs and smart lighting solutions

  • Government thrust on rural electrification boosting torch and lantern sales

Indo National Ltd Share Price Target 2029

For 2029, the estimate rises to ₹725 – ₹815 supported by:

  • Entry into energy‑storage accessories for IoT devices

  • Consistently low beta (0.94) attracting risk‑averse investors

  • Robust free‑cash‑flow generation facilitating debt reduction

Indo National Ltd Share Price Target 2030

By 2030, Indo National could reach ₹795 – ₹900 based on:

  • Sustained dominance in the dry‑cell segment alongside new growth verticals

  • Strong rural distribution network unmatched by many competitors

  • Continued product innovation aligned with evolving consumer needs

Revenue Structure for Indo National Ltd (Past Performance)

Fiscal Year Revenue (₹ Crores) Net Profit (₹ Crores)
FY23 530 24
FY24 (Est.) 575 30

 

Factors Affecting Indo National Ltd’s Growth in Share Prices

Rising Rural Consumption

Growing electrification and disposable incomes in rural India sustain demand for batteries and torches.

Diversification into LEDs

LED lighting offers higher margins and positions the company in a rapidly expanding market.

Promoter Confidence

With over 65 % promoter stake, Indo National enjoys consistent leadership and long‑term vision.

Stable Beta

A beta below 1 indicates lower volatility, appealing to conservative investors.

Raw‑Material Prices

Fluctuations in zinc and other inputs can affect margins, making cost control vital.

FAQs on Indo National Ltd Share Price Target

Q1. What is the share price target for Indo National Ltd in 2025?
The 2025 target is ₹500 – ₹560.

Q2. What could Indo National’s share price reach by 2030?
By 2030, projections place the stock in the ₹795 – ₹900 range.

Q3. Is Indo National Ltd a good long‑term investment?
Yes—solid brand equity, product diversification, and high promoter holding make it attractive for long‑term investors, though raw‑material cost risks remain.

Q4. What are the main risks?
Commodity‑price volatility, competition from alkaline and rechargeable battery makers, and slower LED adoption could impact future growth.

Conclusion

Indo National Ltd appears poised for steady appreciation between 2025 and 2030, supported by its trusted Nippo brand, strategic diversification, and expanding market reach. While investors should monitor input‑cost trends and competitive dynamics, the company’s fundamentals suggest a promising outlook for those seeking exposure to India’s consumer battery and lighting segments.

author

The Tax Heaven

Mr.Vishwas Agarwal✍📊, a seasoned Chartered Accountant 📈💼 and the co-founder & CEO of THE TAX HEAVEN, brings 10 years of expertise in financial management and taxation. Specializing in ITR filing 📑🗃, GST returns 📈💼, and income tax advisory. He offers astute financial guidance and compliance solutions to individuals and businesses alike. Their passion for simplifying complex financial concepts into actionable insights empowers readers with valuable knowledge for informed decision-making. Through insightful blog content, he aims to demystify financial complexities, offering practical advice and tips to navigate the intricate world of finance and taxation.

Subscribe to the exclusive updates!

1