| Market Cap | ₹16,396 CrLarge Cap |
|---|---|
| Revenue TTM | ₹1,587 CrUp 21.2% YoY |
| RSI | 51.05Neutral Zone |
| Deal value | ₹939 Cr |
| Share of market cap | 5.7% |
| Share of annual revenue | 59.2% |
Key highlights
- Total order value of ₹939 crore received since 21st May 2026
- Industrial Gas segment contributed the largest share at ₹871 crore
- Received a 'Mega' order (above ₹150 crore) from the space exploration industry
- Secured ₹44 crore in LNG segment orders and ₹16 crore in Cryo-scientific solutions
- Bagged minor orders for storage tanks, vaporizers, and equipment for the ITER project
Project Scope and Segments
INOX India Limited has secured a diverse portfolio of orders totaling ₹939 crore between May 21 and July 8, 2026. The Industrial Gas segment dominated the intake with ₹871 crore, headlined by a 'Mega' order from the space exploration industry, which exceeds the ₹150 crore threshold. Additionally, the company bagged ₹44 crore in orders for the LNG segment and ₹16 crore for cryo-scientific solutions.
These include specialized equipment like vaporizers, storage tanks, and dispensers, along with a minor contract for the International Thermonuclear Experimental Reactor (ITER) and beverage keg orders worth ₹8 crore.
Strategic Impact and Growth
- Enhances short-to-medium term revenue visibility, with order values exceeding 50% of annual TTM revenue
- Deepens the company's footprint in high-margin space exploration and cryo-scientific sectors
- Reinforces technical leadership in cryogenic storage and distribution systems for critical global projects
- Expands the execution pipeline for LNG fueling station equipment and semi-trailers in the domestic market
- Strengthens relationships with global research entities following the minor order from ITER
Business Overview
INOX India Limited, also known as INOXCVA, is a leading global manufacturer of cryogenic storage, re-gasification, and distribution systems. The company specializes in turnkey packaged systems for liquid gases like LNG, Hydrogen, and Industrial Gases. With operations in India, Brazil, and Europe, it serves a user base in over 100 countries.
It is a key player in India's transition to cleaner energy, providing essential infrastructure for industrial and automotive LNG adoption, supported by a network of associates in 25 countries.
Financial Context
The company maintains a strong financial profile with a TTM revenue of ₹1,587.06 crore and a net profit of ₹257.89 crore. It currently trades as an 'Expensive Star' with a P/E ratio of 63.58, compared to the industry average of 48.26. Its efficiency is marked by a Return on Equity of 23.07% and a Return on Assets of 12.79%.
Promoter holding remains stable at 75%, while institutional interest is reflected in the 14.85% holding by FIIs and mutual funds. Technical indicators show the stock has gained 43.63% over the past year.
Management Perspective
These orders reinforce our position as a trusted global partner for mission-critical cryogenic solutions. As we continue to expand our presence across geographies and end-use sectors, we are witnessing strong momentum in the adoption of cryogenic technologies for increasingly sophisticated applications, particularly in the space sector.
“This growing global confidence in our capabilities motivates us to continually raise the bar on engineering excellence, innovation and execution. We remain committed to delivering world-class cryogenic solutions that enable critical industries and support our customers' evolving ambitions worldwide.”
| Share price | ₹1806.4 |
|---|---|
| Market capitalisation | ₹16,395.52 Cr |
| Revenue (annual) | ₹1,587.06 Cr |
| Net profit (annual) | ₹257.89 Cr |
| Revenue (latest quarter) | ₹460.65 Cr+7.49% vs previous quarter |
| Net profit (latest quarter) | ₹75.24 Cr+23.96% vs previous quarter |
| P/E (TTM) | 63.58×Sector 57.45× |
| Promoter holding | 75%0.00% QoQ |
| FII holding | 7.13%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by INOX India Limited announcing the receipt of multiple orders worth ₹939 crore across various segments. Market figures from a third-party data provider.
