INOX India Limited INOXINDIA NSEINFRA
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. It also offers industrial gas equipment comprising storage and transport tanks, microbulk units, vaporizers and piping, and oil and gas equipment. In addition, the company provides liquid nitrogen containers, bio-series containers, and low-pressure storage tanks; cylinders for gases, including refrigerants, LPG, and helium balloon cylinders. Further, it offers cryogenic process technologies, cryogenic propulsion systems, and satellite and launch facilities, as well as fusion (ITER) and superconductivity. Additionally, the company 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. Furthermore, it provides industrial applications, LNG infrastructure, horsepower, automotive industry applications systems, and LNG equipment, as well as beer kegs. 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, water and water treatment, and entertainment and event sectors. INOX India Limited was incorporated in 1976 and is headquartered in Vadodara, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 25.9%.
- Healthy ROCE of 30.8%.
- Compounding revenue at 19.1% over 5 years.
- Profit CAGR of 18.6% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 52.6.
* The pros and cons are auto-generated from financial metrics.
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
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
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 | 1,493.60 | 52.63 | ₹13,556.44 Cr | 0.13% | 30.77% | 25.90% | 19.14% | 18.56% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 4,076.50 | 34.84 | ₹5.61 L Cr | 0.93% | 14.55% | 16.95% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,804.60 | 30.96 | ₹4.16 L Cr | 0.42% | 11.02% | 15.59% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,303.80 | 31.55 | ₹2.88 L Cr | 1.16% | 13.80% | 23.98% | 7.87% | 16.08% |
| 5 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 38,445.00 | 172.41 | ₹1.71 L Cr | 0.02% | 24.92% | 21.04% | 22.24% | 119.12% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,405.00 | - | ₹1.70 L Cr | 0.24% | 15.53% | - | 44.12% | 72.60% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,881.00 | 68.97 | ₹1.63 L Cr | 1.12% | 34.95% | 29.45% | 16.07% | 24.35% |
| 8 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 917.45 | 118.99 | ₹1.44 L Cr | 0.14% | 19.35% | 19.56% | 21.67% | 7.81% |
| 9 | POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA | 9,477.50 | 53.48 | ₹1.43 L Cr | 0.37% | 30.44% | 24.58% | 26.57% | 28.11% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 333.63 Cr | 369.40 Cr | 339.62 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 | 122.32 Cr | 138.60 Cr | 136.30 Cr | 140.11 Cr | 166.41 Cr |
| Operating Income | 62.52 Cr | 74.52 Cr | 68.57 Cr | 84.69 Cr | 85.64 Cr |
| EBITDA | 84.82 Cr | 94.79 Cr | 88.80 Cr | 92.68 Cr | 112.45 Cr |
| Interest Expense | 2.50 Cr | 1.17 Cr | 72.45 L | 3.00 Cr | 3.51 Cr |
| Pretax Income | 75.91 Cr | 86.48 Cr | 80.51 Cr | 80.28 Cr | 99.92 Cr |
| Tax Provision | 17.53 Cr | 20.97 Cr | 19.39 Cr | 19.59 Cr | 24.68 Cr |
| Net Income | 58.39 Cr | 65.51 Cr | 61.12 Cr | 60.70 Cr | 75.24 Cr |
| Diluted EPS | 6.41 | 7.20 | 6.71 | 6.67 | 8.27 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 938.57 Cr | 1,106.03 Cr | 1,306.00 Cr | 1,587.06 Cr |
| Cost of Revenue | - | 551.23 Cr | 612.35 Cr | 576.96 Cr | 697.36 Cr |
| Gross Profit | - | 387.35 Cr | 493.68 Cr | 729.04 Cr | 889.70 Cr |
| Operating Expenses | - | 195.16 Cr | 259.99 Cr | 469.41 Cr | 580.47 Cr |
| Operating Income | - | 192.19 Cr | 233.69 Cr | 259.63 Cr | 309.23 Cr |
| EBITDA | - | 222.39 Cr | 279.24 Cr | 332.53 Cr | 384.75 Cr |
| Interest Expense | - | 1.54 Cr | 3.33 Cr | 8.54 Cr | 9.23 Cr |
| Pretax Income | - | 206.94 Cr | 257.78 Cr | 298.92 Cr | 341.91 Cr |
| Tax Provision | - | 52.20 Cr | 61.77 Cr | 72.90 Cr | 84.02 Cr |
| Net Income | - | 154.74 Cr | 196.00 Cr | 226.03 Cr | 257.89 Cr |
| Diluted EPS | - | 17.05 | 21.53 | 24.83 | 28.33 |
Compounded Sales Growth
| 5 Years: | 19.14% |
| 1 Year: | 24.70% |
Compounded Profit Growth
| 5 Years: | 18.56% |
| 1 Year: | 14.90% |
Stock Price Performance
| 1 Year: | +24.42% |
| 6 Months: | +29.87% |
| 3 Months: | +30.67% |
| 1 Month: | -0.61% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 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 | 752.61 Cr | 874.82 Cr |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 8.99 Cr | 16.15 Cr | 43.25 Cr | 81.04 Cr |
| Total Equity | - | 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 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 176.66 Cr | 122.44 Cr | 121.97 Cr | 116.65 Cr |
| Investing Cash Flow | - | -12.09 Cr | -24.93 Cr | -139.21 Cr | -109.71 Cr |
| Financing Cash Flow | - | -153.62 Cr | -103.02 Cr | 17.15 Cr | 5.39 Cr |
| Capital Expenditure | - | -46.89 Cr | -98.26 Cr | -125.04 Cr | -105.92 Cr |
| Free Cash Flow | - | 129.77 Cr | 24.17 Cr | -3.07 Cr | 10.73 Cr |
| Net Change in Cash | - | 10.95 Cr | -5.51 Cr | -8.15 L | 12.32 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 41.3% | 44.6% | 55.8% | 56.1% |
| Operating Margin % | - | 20.5% | 21.1% | 19.9% | 19.5% |
| Net Margin % | - | 16.5% | 17.7% | 17.3% | 16.2% |
| ROE % | - | 28.2% | 30.2% | 25.9% | 23.1% |
| ROCE % | - | 33.3% | 34.3% | 28.8% | 27.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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