The evidence leans constructive4 supporting, 1 against, 1 worth knowing
Supporting
trading 10% above its 200-day average
3 independent kinds of evidence agree today, which is uncommon
revenue grew 23% year on year in the quarter ending 2026-06-30
net margin has widened from 2.1% to 2.7% across four quarters
Against
down 7% over twelve months
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
What would change this read: a close below 402, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Net profit +169.6% year on year, Rs 3 cr to Rs 7 cr.
+169.6%Rs 3 crRs 7 cr
Profit grew faster than revenue, +169.6% against +22.5%.
+169.6%+22.5%
Revenue +22.5% year on year, Rs 205 cr to Rs 251 cr.
+22.5%Rs 205 crRs 251 cr
Needs watching1
Automotive is 87% of revenue, so the business rests on one segment.
Automotive87%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
6 of 47 matched on 2026-08-21
IGARASHI matches 6 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
IGARASHI reports 2 business segments. The largest is Automotive at 87% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Automotive218 cr86.9%—
Non-automotive33 cr13.1%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Valuation against its own history
500 sessions since 2024-09-06
59×
median 88×
134×
now 85×
IGARASHI trades at 85× trailing earnings, close to its median of 88× over this window. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 23% against the same quarter a year earlier
profit rose 170% year on year
net margin widened from 0.7% to 2.7%
revenue rose in 3 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · standalone
251
7
7
2.15
2.7%
Q4 FY26
2026-03-31 · standalone
226
3
2
0.51
0.7%
Q3 FY26
2025-12-31 · standalone
216
4
4
1.11
1.6%
Q2 FY26
2025-09-30 · standalone
219
6
5
1.44
2.1%
Q1 FY26
2025-06-30 · standalone
205
3
3
0.80
1.2%
Q4 FY25
2025-03-31 · standalone
189
4
3
0.97
1.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-2.6%
Versus 200-day average+10.5%
Below 52-week high-18.3%
Above 52-week low+62.4%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)40.8
Higher closes in last 51 of 5
Six-month return+21.87%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.