INOX India Limited INOXINDIA NSEINFRA
Company Overview
INOX India Limited manufactures and supplies cryogenic liquid storage and transport tanks for gas companies and engineering, procurement, and construction (EPC) companies in India and internationally. The company offers industrial gas equipment comprising storage and transport tanks, microbulk units, vaporizers and piping, and oil and gas equipment. It also provides liquid nitrogen containers, bio-series containers, and low-pressure storage tanks; cylinders for gases, including refrigerants, LPG, and helium balloon cylinders. In addition, the company offers cryogenic process technologies; cryogenic propulsion systems and research; and satellite and launch facilities, as well as fusion and superconductivity. Further, it engages in the installation of equipment and systems for cryogenic conditions, standard cryogenic tanks and equipment, bespoke technology, equipment and solutions, as well as the operation of projects used in industrial gases, LNG, green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, construction, and pharmaceuticals. The company serves aviation and aerospace, construction and cement, cryo scientific research, dairy and livestock, electronics, fertilizer and chemical, food and beverages, material handling, glass and ceramics, health care and life sciences, hydrogen, industrial gas, LNG and LCNG, metal processing, oil and gas, refining, petrochemical, paper and pulp, pharmaceuticals, power and utilities, rubber, steel and mining, and water and water treatment sectors. INOX India Limited was incorporated in 1976 and is headquartered in Vadodara, India.
Why Investors Should Care
Generates a return on equity of 23.1%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 30.6%.
Net profit has compounded at 18.6% per year over the last five years.
Revenue has grown at a 18.2% CAGR over the past five years.
Maintains a net profit margin of 16.6%.
Carries low leverage with a debt-to-equity ratio of 0.07.
Recent Developments
- Mar 2026 Revenue of ₹1,551.82 Cr (+21.3% YoY); net profit ₹257.89 Cr.
- Trailing 12 Months Year-on-year growth — revenue +21.2%, earnings +14.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 18.2%, profit CAGR 18.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 18.25% |
| 1 Year: | 21.25% |
Compounded Profit Growth
| 5 Years: | 18.56% |
| 1 Year: | 14.10% |
Stock Price Performance
| 1 Year: | +50.24% |
| 6 Months: | +61.59% |
| 3 Months: | +25.39% |
| 1 Month: | +5.03% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)52.81 · Neutral
P/E of 66.23 is above the sector median of 29.60 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 23.1%.
- Healthy ROCE of 30.6%.
- Compounding revenue at 18.2% over 5 years.
- Profit CAGR of 18.6% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 66.2.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INOXINDIA INOX India Limited NSEINFRA | 1,876.20 | 66.23 | ₹17,029.05 Cr | 0.10% | 30.60% | 23.08% | 18.25% | 18.56% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 235.00 Cr | 308.00 Cr | 258.00 Cr | 291.00 Cr | 277.00 Cr | 296.00 Cr | 307.00 Cr | 333.63 Cr | 369.40 Cr | 339.62 Cr | 358.00 Cr | 428.56 Cr | 460.65 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 148.79 Cr | 156.28 Cr | 134.76 Cr | - | 203.77 Cr | 208.61 Cr |
| Gross Profit | - | - | - | - | - | - | - | 184.84 Cr | 213.12 Cr | 204.86 Cr | - | 224.79 Cr | 252.04 Cr |
| Operating Expenses | 195.00 Cr | 237.00 Cr | 199.00 Cr | 224.00 Cr | 223.00 Cr | 226.00 Cr | 243.00 Cr | 122.32 Cr | 138.60 Cr | 136.30 Cr | 280.00 Cr | 140.11 Cr | 166.41 Cr |
| Operating Income | 37.00 Cr | 68.00 Cr | 55.00 Cr | 62.00 Cr | 48.00 Cr | 64.00 Cr | 58.00 Cr | 62.52 Cr | 74.52 Cr | 68.57 Cr | 70.00 Cr | 84.69 Cr | 85.64 Cr |
| EBITDA | 40.00 Cr | 72.00 Cr | 59.00 Cr | 67.00 Cr | 53.00 Cr | 70.00 Cr | 64.00 Cr | 84.82 Cr | 94.79 Cr | 88.80 Cr | 78.00 Cr | 92.68 Cr | 112.45 Cr |
| Interest Expense | 2.00 Cr | 1.00 Cr | 1.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 3.00 Cr | 2.50 Cr | 1.17 Cr | 72.45 L | 2.00 Cr | 3.00 Cr | 3.51 Cr |
| Pretax Income | 41.00 Cr | 76.00 Cr | 60.00 Cr | 64.00 Cr | 58.00 Cr | 68.00 Cr | 69.00 Cr | 75.91 Cr | 86.48 Cr | 80.51 Cr | 81.00 Cr | 80.28 Cr | 99.92 Cr |
| Tax Provision | 10.25 Cr | 19.00 Cr | 13.80 Cr | 15.36 Cr | 13.92 Cr | 15.64 Cr | 19.32 Cr | 17.53 Cr | 20.97 Cr | 19.39 Cr | 20.25 Cr | 19.59 Cr | 24.68 Cr |
| Net Income | 31.00 Cr | 57.00 Cr | 46.00 Cr | 49.00 Cr | 44.00 Cr | 53.00 Cr | 49.00 Cr | 58.39 Cr | 65.51 Cr | 61.12 Cr | 61.00 Cr | 60.70 Cr | 75.24 Cr |
| Diluted EPS | 3.37 | 6.29 | 5.10 | 5.35 | 4.86 | 5.80 | 5.45 | 6.41 | 7.20 | 6.71 | 6.70 | 6.67 | 8.27 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 650.00 Cr | 649.00 Cr | 594.00 Cr | - | 938.57 Cr | 1,106.03 Cr | 1,279.83 Cr | 1,551.82 Cr |
| Cost of Revenue | - | - | - | - | 551.23 Cr | 627.29 Cr | 743.86 Cr | 909.13 Cr |
| Gross Profit | - | - | - | - | 387.35 Cr | 478.73 Cr | 535.97 Cr | 642.69 Cr |
| Operating Expenses | 506.00 Cr | 516.00 Cr | 459.00 Cr | - | 195.16 Cr | 245.04 Cr | 276.05 Cr | 333.13 Cr |
| Operating Income | 135.00 Cr | 121.00 Cr | 123.00 Cr | - | 192.19 Cr | 233.69 Cr | 259.93 Cr | 309.56 Cr |
| EBITDA | 144.00 Cr | 133.00 Cr | 135.00 Cr | - | 222.39 Cr | 279.24 Cr | 328.49 Cr | 382.79 Cr |
| Interest Expense | 27.00 Cr | 26.00 Cr | 7.00 Cr | - | 1.54 Cr | 3.33 Cr | 4.51 Cr | 7.27 Cr |
| Pretax Income | 135.00 Cr | 144.00 Cr | 131.00 Cr | - | 206.94 Cr | 257.78 Cr | 298.92 Cr | 341.91 Cr |
| Tax Provision | -59.40 Cr | 46.08 Cr | 35.37 Cr | - | 52.20 Cr | 61.77 Cr | 72.90 Cr | 84.02 Cr |
| Net Income | 193.00 Cr | 97.00 Cr | 96.00 Cr | - | 154.74 Cr | 196.00 Cr | 226.03 Cr | 257.89 Cr |
| Diluted EPS | 213.05 | 107.23 | 105.89 | - | 17.05 | 21.53 | 24.83 | 28.33 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 725.00 Cr | 629.00 Cr | 687.00 Cr | - | 1,147.81 Cr | 1,223.11 Cr | 1,655.34 Cr | 2,015.85 Cr |
| Current Assets | - | - | - | - | 962.43 Cr | 936.02 Cr | 1,264.98 Cr | 1,554.61 Cr |
| Cash & Equivalents | - | - | - | - | 11.21 Cr | 4.95 Cr | 3.51 Cr | 16.03 Cr |
| Inventory | - | - | - | - | 412.77 Cr | 433.84 Cr | 492.99 Cr | 478.18 Cr |
| Receivables | - | - | - | - | 142.90 Cr | 173.87 Cr | 251.64 Cr | 312.86 Cr |
| Total Liabilities | - | - | - | - | 598.33 Cr | 574.04 Cr | 781.65 Cr | 898.24 Cr |
| Current Liabilities | - | - | - | - | 570.44 Cr | 542.70 Cr | 759.17 Cr | 874.82 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - |
| Total Debt | 284.00 Cr | 145.00 Cr | 68.00 Cr | - | 8.99 Cr | 16.15 Cr | 43.25 Cr | 81.04 Cr |
| Total Equity | 210.00 Cr | 279.00 Cr | 371.00 Cr | - | 549.48 Cr | 649.07 Cr | 873.69 Cr | 1,117.61 Cr |
| Shares Outstanding | - | - | - | - | 9.08 Cr | 9.08 Cr | 9.08 Cr | 9.08 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 85.00 Cr | 188.00 Cr | 231.00 Cr | - | 176.66 Cr | 122.44 Cr | 121.97 Cr | 116.65 Cr |
| Investing Cash Flow | 136.00 Cr | -28.00 Cr | -152.00 Cr | - | -12.09 Cr | -24.93 Cr | -139.21 Cr | -109.71 Cr |
| Financing Cash Flow | -186.00 Cr | -168.00 Cr | -96.00 Cr | - | -153.62 Cr | -103.02 Cr | 17.15 Cr | 5.39 Cr |
| Capital Expenditure | -15.00 Cr | -13.00 Cr | -6.00 Cr | - | -46.89 Cr | -98.26 Cr | -125.04 Cr | -105.92 Cr |
| Free Cash Flow | 70.00 Cr | 175.00 Cr | 225.00 Cr | - | 129.77 Cr | 24.17 Cr | -3.07 Cr | 10.73 Cr |
| Net Change in Cash | 36.00 Cr | -8.00 Cr | -17.00 Cr | - | 10.95 Cr | -5.51 Cr | -8.15 L | 12.32 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | 41.3% | 43.3% | 41.9% | 41.4% |
| Operating Margin % | 20.8% | 18.6% | 20.7% | - | 20.5% | 21.1% | 20.3% | 19.9% |
| Net Margin % | 29.7% | 14.9% | 16.2% | - | 16.5% | 17.7% | 17.7% | 16.6% |
| ROE % | 91.9% | 34.8% | 25.9% | - | 28.2% | 30.2% | 25.9% | 23.1% |
| ROCE % | - | - | - | - | 33.3% | 34.3% | 29.0% | 27.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for INOXINDIA
INOXINDIA Forecast — Price Target — Prediction for 2027 - TradingView
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INOX India Bags New Order Worth INR9.39 Billion Across Segments; Shares Jump 5% - marketscreener.com
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INOX India Limited (NSE:INOXINDIA) Analysts Are Pretty Bullish On The Stock After Recent Results - simplywall.st
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INOXINDIA — Frequently Asked Questions
What is the current share price of INOX India Limited (INOXINDIA)?
As of 2026-07-15 09:52 IST, INOX India Limited (INOXINDIA) trades at ₹1,876.20 on NSE. Its 52-week range is ₹1,070.51 to ₹2,040.90.
What is the market capitalisation of INOXINDIA?
INOX India Limited (INOXINDIA) has a market capitalisation of ₹17,029.05 Cr on NSE.
What is the P/E ratio of INOXINDIA?
INOXINDIA trades at a trailing price-to-earnings (P/E) ratio of 66.23. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 15.35.
Does INOXINDIA pay a dividend?
INOX India Limited (INOXINDIA) currently offers a dividend yield of 0.10%.
What is the return on equity (ROE) of INOXINDIA?
INOXINDIA has a return on equity (ROE) of 23.08%. Its return on capital employed (ROCE) is 30.60%.
Is INOXINDIA a good stock to buy?
This page provides a data-driven analysis of INOX India Limited (INOXINDIA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.