Financial Year 2025 for Iinox India was a year of change. The performance was weak with expected. The reason for this was some problems regarding the use of the contenter’s shortage, high freight cost and the use of capacity in the first half. Now the conditions have become normal. Recently, there is a lot of support from the current Savali plant. In such a situation, the financial year 2026 is expected to be better for the company.
In the quarter ended in March this year, Inox India’s revenue increased by 33.6 percent to Rs 369 crore on a year -on -year basis. It has a hand in the order examination of LNG, industrial gassas and crisonic equipment. During this period, the company’s Ebitda increased by 53.4 percent to Rs 82 crore. With this, the company’s Ebitda margin increased from 19.25 per cent to 22.1 per cent last year’s March quarter.
The company’s profit was Rs 66 crore in the March quarter. This is 48.6 percent more than the March quarter profit of a year ago. Good growth in profit was better product mix and operational efficiency. Apart from this, profit in revenue and better order of LNG also gave the profit support. The company FY26 has estimated the revenue growth to be 18-20 percent. The Ebitda margin can be between 22-24 percent.
The management of the company is confident of Revenue’s CAGR 15-20 percent in the next three years. It will have a growing demand for LNG infrastructure. The company is also expected to get international projects. In March 2025, the company’s orderbook was Rs 1,360 crore. This year after year is 25 percent more. In terms of the segment, the order of industrial gas increased by 7 percent and LNG 119 percent. However, chrizonic storage and distribution decreased by 14 percent.
In the shares of INOX INDIA, the FY27 is trading at about 31 times the estimated earnings of FY27. This is not much in view of a strong position in crisonic engineering, growing international business and strong visibility. The price of stock is about 10 percent less than a year ago. On July 1, the stock climbed 0.98 per cent to close at Rs 1,242.