Inox India Ltd (INOXINDIA) — shareholding pattern, promoter holding, financials and share price
About Inox India Ltd (INOXINDIA)
Inox India Ltd operates in the Other Industrial Products industry, within the Capital Goods sector. It trades on the NSE as INOXINDIA and on the BSE under scrip code 544046. Its ISIN is INE616N01034.
Incorporated in 1976, Inox India Limited offers solutions across the design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions [1] Inox India specializes in supplying cryogenic equipment, particularly tanks. The company offers comprehensive solutions for equipment and systems operating in cryogenic conditions. [2]
INOX India Limited is a vertically integrated cryogenic equipment manufacturer providing design, engineering, manufacturing and installation for Industrial Gas, LNG and Cryo‑Scientific markets, serving 5,000+ customers across 100+ countries from four Indian plants and international service/stock facilities.
Q3FY26 delivered a company record with total income of INR 436 crore, adjusted EBITDA of INR 102 crore and highest ever export revenue of INR 271 crore, reflecting export‑led growth and a favourable product mix that pushed consolidated nine‑month revenues to INR 1,157 crore (▲20% YoY).
Listed peers in Other Industrial Products: PTC Industries Ltd, HBL Engineering Ltd, Esab India Ltd, KRN Heat Exchanger and Refrigeration Ltd, Subros Ltd, Kirloskar Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹1,972.55 a share on 10 Jul 2026, Inox India Ltd (INOXINDIA) was valued at a price-to-earnings ratio of 69.42x against an industry P/E of 37x and a price-to-book of 16.02x on a book value of ₹123.13 per share as of Mar 2026. Solomo computes return on equity of 23.08% and return on capital employed of 29.29% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 69.42x
- Industry P/E
- 37x
- P/B
- 16.02x
- EPS (TTM)
- ₹28.41
- Book value / share
- ₹123.13
- ROE
- 23.08%
- ROCE
- 29.29%
- ROA
- 12.79%
- Debt / equity
- 0.07x
- Dividend yield
- 0.1%
- EBITDA margin
- 24.24%
- 52-week range
- ₹1,030.85 – ₹2,097.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Inox India Ltd (INOXINDIA) reported revenue of ₹1,587 crore, net profit of ₹258 crore and earnings per share of ₹28.41. That compares with revenue of ₹1,306 crore and net profit of ₹226 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹461 crore and net profit ₹75 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 783 | 966 | 1,133 | 1,306 | 1,587 |
| Net profit (₹ cr) | 130 | 155 | 196 | 226 | 258 |
| EPS (₹) | 14.38 | 17.05 | 21.59 | 24.9 | 28.41 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 19.73% | 21.53% | 17.93% | 21.52% |
| Profit growth | 39.68% | 21.04% | 17.34% | 14.10% |
| Stock price CAGR | - | - | - | 59% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.86% of Inox India Ltd (INOXINDIA) (down 0.14 pp QoQ), foreign institutional investors (FII) hold 6.87% and domestic institutional investors (DII) hold 7.67%. Market capitalisation was ₹17,904 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2023.
Largest disclosed public shareholders in Jun 2026: GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY P 1.82%, ICICI PRUDENTIAL INFRASTRUCTURE FUND 1.68%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.86% | - | 6.87% | 7.67% | 25.14% |
| Mar 2026 | 75% | - | 7.13% | 7.73% | 25% |
| Dec 2025 | 75% | - | 7.14% | 7.27% | 25% |
| Sep 2025 | 75% | - | 7.12% | 6.71% | 25% |
| Jun 2025 | 75% | - | 6.94% | 6.68% | 25% |
| Mar 2025 | 75% | - | 6.84% | 6.26% | 25% |
| Dec 2024 | 75% | - | 6.52% | 6.99% | 25% |
| Sep 2024 | 75% | - | 5.84% | 7.14% | 25% |