INOX India Limited (INOXINDIA.NS)
Vadodara, GJ, IN
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.32% | -8.28% | -2.66% | +22.24% | +19.08% | +26.05% | +31.10% | +52.08% | +52.08% | +52.08% | +52.08% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 3 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Industrial - Machinery: +7.4%+24.0% ★ Q1'26: +34.2% (vs Q1'25)
-
EPS growth Industrial - Machinery: +15.6%+14.1% Q1'26: +14.9% (vs Q1'25)
-
FCF margin FCF growth · Industrial - Machinery: +38.2%+2.0% Q1'26: +0.0% (vs Q1'25)
-
EBIT margin Industrial - Machinery: +10.0%+19.6% ★ Q1'26: +18.6% (vs Q1'25)
-
ROIC Industrial - Machinery: +6.8%+26.7% ★ Q1'26: +29.4% (vs Q1'25)
-
Share dilution Industrial - Machinery: +0.0%+0.0% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×0.24× ★ Q1'26: 0.21× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 3 Rev. Ana. 2 EPS Ana. |
Mar 2027 3 Rev. Ana. 2 EPS Ana. |
Mar 2028 3 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|
| Revenue |
11.06B
est: 11.19B (-1.2%)
|
12.80B
est: 13.28B (-3.6%)
|
15.59B
15.50B – 15.69B
+17.5% YoY
|
18.30B
18.06B – 18.56B
+17.4% YoY
|
21.29B
21.01B – 21.59B
+16.3% YoY
|
| EBITDA |
2.79B
est: 2.92B (-4.5%)
|
3.28B
est: 3.47B (-5.3%)
|
4.07B
4.05B – 4.10B
+17.5% YoY
|
4.78B
4.72B – 4.85B
+17.4% YoY
|
5.56B
5.49B – 5.64B
+16.3% YoY
|
| EBIT |
2.61B
est: 2.71B (-3.6%)
|
3.03B
est: 3.21B (-5.6%)
|
3.78B
3.75B – 3.80B
+17.5% YoY
|
4.43B
4.37B – 4.49B
+17.4% YoY
|
5.15B
5.09B – 5.23B
+16.3% YoY
|
| Net Income |
1.96B
est: 1.92B (+2.3%)
|
2.26B
est: 2.24B (+1.1%)
|
2.58B
2.51B – 2.60B
+15.3% YoY
|
3.17B
3.10B – 3.22B
+22.8% YoY
|
3.63B
3.57B – 3.81B
+14.6% YoY
|
| SGA |
1.13B
est: 1.16B (-2.0%)
|
1.21B
est: 1.37B (-11.5%)
|
1.61B
1.60B – 1.62B
+17.5% YoY
|
1.89B
1.87B – 1.92B
+17.4% YoY
|
2.20B
2.17B – 2.23B
+16.3% YoY
|
| EPS |
21.59
est: 21.10 (+2.3%)
|
24.90
est: 24.55 (+1.4%)
|
28.03
27.60 – 28.60
+14.2% YoY
|
34.60
34.00 – 35.40
+23.4% YoY
|
40.57
39.25 – 41.89
+17.2% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Goldman Sachs India Equity ETF GIND | 0.85% | 1.41M | 0.75% |
| 2 | iShares MSCI India Small-Cap ETF SMIN | 0.12% | 843.7K | 0.74% |
| 3 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.03% | 97.0K | 0.74% |
| 4 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 25.3K | 0.42% |
| 5 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.02% | 107.7K | 0.55% |
| 6 | Avantis Emerging Markets ex-China Equity ETF AVXC | 0.01% | 55.3K | 0.33% |
| 7 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.01% | 80.4K | 0.44% |
| 8 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.01% | 34.3K | 0.56% |
| 9 | Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L | 0.01% | 20.6K | 0.35% |
| 10 | Avantis Emerging Markets Value ETF AVES | 0.01% | 86.3K | 0.36% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Parag Kulkarni | Executive Director | 8M | male |
| Deepak V. Acharya | Chief Executive Officer | — | male |
| Jaymeen Patel | Company Secretary & Compliance Officer | — | male |
| Pavan Logar | Chief Financial Officer | — | male |
| R. L. Panjwani | President of Cryoscientific Division | — | male |
| Savir Julka | Global Head of Sales & Marketing for Industrial Gases | — | male |
| Sudhir Sethi | Chief People Officer and Head of HR & Legal | — | male |
| Tushar Zope | Chief Technology Officer | — | male |
| A. K. Niyogi | Vice President of Engineering | — | male |
| Vijay Kalaria | Global Head of Sales & Marketing for LNG | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for INOXINDIA.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
