IKIO Technologies Ltd
- Market Cap ₹ 1,638 Cr.
- Current Price ₹ 212
- High / Low ₹ 253 / 104
- Stock P/E 111
- Book Value ₹ 64.1
- Dividend Yield 0.00 %
- ROCE 4.62 %
- ROE 3.03 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 3.26 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.24% over past five years.
- Company has a low return on equity of 5.34% over last 3 years.
- Earnings include an other income of Rs.14.6 Cr.
- Dividend payout has been low at 8.98% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Part of BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 141 | 160 | 220 | 241 | 241 | 208 | 170 | |
| 114 | 129 | 180 | 202 | 212 | 190 | 159 | |
| Operating Profit | 26 | 30 | 40 | 39 | 29 | 18 | 11 |
| OPM % | 19% | 19% | 18% | 16% | 12% | 8% | 6% |
| 0 | 0 | 1 | 3 | 19 | 20 | 15 | |
| Interest | 2 | 1 | 1 | 6 | 6 | 4 | 3 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 22 | 28 | 38 | 33 | 39 | 30 | 20 |
| Tax % | 28% | 26% | 26% | 25% | 27% | 22% | 25% |
| 16 | 21 | 28 | 25 | 29 | 24 | 15 | |
| EPS in Rs | 3,198.00 | 4,116.00 | 11.20 | 3.79 | 3.71 | 3.06 | 1.91 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 27% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -11% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | -16% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -19% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 5% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 25 | 65 | 77 | 77 | 77 |
| Reserves | 28 | 48 | 51 | 36 | 403 | 399 | 418 |
| 8 | 5 | 16 | 25 | 10 | 5 | 1 | |
| 16 | 21 | 20 | 24 | 19 | 12 | 15 | |
| Total Liabilities | 51 | 74 | 113 | 150 | 509 | 494 | 512 |
| 15 | 15 | 17 | 18 | 17 | 16 | 14 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 13 | 127 | 211 | 265 |
| 36 | 59 | 95 | 119 | 364 | 267 | 232 | |
| Total Assets | 51 | 74 | 113 | 150 | 509 | 494 | 512 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 13 | -0 | -5 | 53 | -7 | 19 | 19 | |
| -4 | -3 | -5 | -56 | -314 | -9 | -3 | |
| -5 | -3 | 10 | 3 | 329 | -18 | -8 | |
| Net Cash Flow | 5 | -6 | 0 | -1 | 9 | -8 | 8 |
| Free Cash Flow | 9 | -3 | -10 | 50 | -10 | 18 | 19 |
| CFO/OP | 82% | 25% | 9% | 162% | 16% | 154% | 199% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 36 | 43 | 25 | 33 | 31 | 28 |
| Inventory Days | 66 | 109 | 141 | 92 | 99 | 91 | 101 |
| Days Payable | 54 | 60 | 35 | 38 | 28 | 17 | 30 |
| Cash Conversion Cycle | 24 | 84 | 149 | 79 | 104 | 104 | 99 |
| Working Capital Days | 22 | 79 | 98 | 87 | 123 | 121 | 93 |
| ROCE % | 64% | 53% | 35% | 15% | 7% | 5% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Home Lighting ODM Revenue (Single Customer - Signify) Rs Mn |
|
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| Manufacturing Area Sq. Ft. |
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| Number of SKUs SKUs |
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| Other Business Revenue (Diversified Verticals) Rs Mn |
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| R&D and Product Design Team Size Employees |
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| Number of Countries (Global Footprint) Countries |
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| Revenue from Outside India (Exports) Rs Mn |
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| Total Headcount Employees |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
- Newspaper Publication Regarding Notice Of The 10Th Annual General Meeting (AGM) Of IKIO Technologies Limited And E-Voting Information 8 Jul
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Dispatch Of Letter Containing Web Link Of 10Th AGM Notice And Annual Report Pursuant To Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015
7 Jul - 10th AGM on July 30, 2026; annual report and notice web-link dispatched.
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Business Responsibility and Sustainability Reporting (BRSR)
7 Jul - IKIO Technologies submitted its Business Responsibility and Sustainability Report for FY 2025-26.
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Reg. 34 (1) Annual Report.
7 Jul - IKIO Technologies filed its FY2025-26 annual report, highlighting expansion, new segments, and Block II commercialization by Q1 FY27.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT REC
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Nov 2023TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptAI SummaryPPT
Business Overview:[1][2]
IKIO Technologies is an Original Design Manufacturer (ODM) and Electronics manufacturing services (EMS) company focused on high-end LED lighting solutions, product display lighting, energy solutions, and diversified electronics products. The company designs, develops, manufactures and supplies products largely under customer brands, backed by in-house R&D and deep backward integration.