Inox India

Should I buy, sell or hold Inox India Ltd?

Why is Inox India Ltd falling/rising?

As of 04-Aug, Inox India Ltd's stock price is currently at 1,897.75, reflecting a decline after two days of gains, with significant losses today and reduced investor participation. Despite strong annual performance, recent market conditions indicate a temporary setback for the stock.

As of 04-Aug, Inox India Ltd's stock price is falling, currently at 1,897.75, reflecting a decrease of 14.15 points or 0.74%. This decline follows a trend reversal after two consecutive days of gains. The stock opened significantly lower today, with a loss of 3.96%, and reached an intraday low of Rs 1824, marking a drop of 4.6%. Additionally, the weighted average price indicates that more volume was traded closer to this low price, suggesting a lack of buying interest at higher levels.<BR><BR>Investor participation has also decreased, with delivery volume falling by 21.16% compared to the five-day average, indicating reduced trading activity. While the stock has shown strong performance over the past year, generating a return of 61.68% compared to the market's 2.91%, the current market conditions and the recent price movements suggest a temporary setback for Inox India Ltd. Despite its high management efficiency and net-debt-free status, these factors have not been sufficient to prevent the recent decline in stock price.

Which are the latest news on Inox India?

Are Inox India Ltd latest results good or bad?

Inox India Ltd's latest Q1 FY27 results show a 9.18% revenue growth to ₹370.79 crores, but net profit declined by 4.99% year-on-year and 22.82% from the previous quarter, raising concerns about profitability despite a strong return on equity and debt-free status. Overall, the mixed results indicate operational challenges that may affect investor sentiment.

Inox India Ltd's latest results for Q1 FY27 present a mixed picture. On one hand, the company reported a revenue growth of 9.18% year-on-year, reaching ₹370.79 crores. However, this positive topline growth is overshadowed by a significant decline in net profit, which fell to ₹58.07 crores, marking a 4.99% decrease compared to the same quarter last year and a sharp 22.82% drop from the previous quarter.<BR><BR>The operating margin has also contracted to 20.46%, which is the lowest in recent quarters. This margin compression indicates rising operational challenges, possibly due to increased input costs or pricing pressures that the company has struggled to manage effectively.<BR><BR>Despite these setbacks, Inox India maintains a strong return on equity of 26.25% and operates as a debt-free entity, which are positive indicators of its financial health. However, the decline in profitability and the lowest quarterly profit in recent periods raise concerns about the sustainability of its premium valuation.<BR><BR>Overall, while there are some strengths in the company's fundamentals, the recent results suggest challenges that could impact investor sentiment and the stock's performance moving forward.

When is the next results date for Inox India Ltd?

The next results date for Inox India Ltd is August 3, 2026.

The next results date for Inox India Ltd is scheduled for August 3, 2026.

What does Inox India do?

Inox India Ltd, a small-cap company in the Other Industrial Products industry, reported net sales of 461 Cr and a net profit of 75 Cr for the quarter ending March 2026. Originally incorporated as Baroda Oxygen Limited in 1976, it changed its name in 1987 and currently has a market cap of INR 16,344 Cr.

Overview:<BR>Inox India Ltd operates in the Other Industrial Products industry and is categorized as a Small Cap company.<BR><BR>History:<BR>Inox India Limited was originally incorporated in 1976 as Baroda Oxygen Limited. The company changed its name to Inox India Limited in 1987. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 461 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 75 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 16,344 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 66.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.12% <BR>Debt-Equity: -0.21 <BR>Return on Equity: 23.30% <BR>Price-to-Book: 13.63 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Inox India?

As of 10th June, Inox India Ltd has a market capitalization of 16,344.00 Cr, with recent net sales of 1,587.05 Cr and a net profit of 257.90 Cr. The company has shareholder's funds of 1,117.61 Cr and total assets of 2,011.87 Cr.

As of 10th June, Inox India Ltd has a market capitalization of 16,344.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Inox India reported Net Sales of 1,587.05 Cr and a Net Profit of 257.90 Cr.<BR><BR>For the latest annual period ending March 2026, the company has Shareholder's Funds amounting to 1,117.61 Cr and Total Assets of 2,011.87 Cr.

Who are in the management team of Inox India?

The management team of Inox India includes Pavan Jain (Chairman), Siddharth Jain, Parag Padmakar Kulkarni, Amit Mohan Advani, Girija Balakrishnan, Richard John Boocock, Srikant Somani (all Independent Directors), Kamlesh Shinde (Company Secretary), and Ishita Jain (Non-Executive Director), ensuring a blend of executive and independent oversight.

The management team of Inox India includes the following individuals:<BR><BR>1. **Pavan Jain** - Chairman (Non-Executive)<BR>2. **Siddharth Jain** - Independent Director<BR>3. **Parag Padmakar Kulkarni** - Executive Director<BR>4. **Amit Mohan Advani** - Independent Director<BR>5. **Girija Balakrishnan** - Independent Director<BR>6. **Richard John Boocock** - Independent Director<BR>7. **Srikant Somani** - Independent Director<BR>8. **Kamlesh Shinde** - Company Secretary & Compliance Officer<BR>9. **Ishita Jain** - Non-Executive Director<BR><BR>This team comprises a mix of executive and independent directors, along with a company secretary, contributing to the governance and strategic direction of the company.

Who are the peers of the Inox India?

Inox India's peers include PTC Industries, Esab India, KRN Heat Exchan, Harsha Engg Intl, Kirloskar Indus., Ador Welding, Diffusion Eng, Oriental Rail, and Mallcom (India). Inox India has a strong capital structure and a 1-year return of 50.29%, outperforming its peers, while PTC Industries leads with a 20.49% return.

Peers: The peers of Inox India are PTC Industries, Esab India, KRN Heat Exchan, Harsha Engg Intl, Kirloskar Indus., Ador Welding, Diffusion Eng, Oriental Rail, and Mallcom (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India, Esab India, and Ador Welding, while Good management risk is found at KRN Heat Exchan and Ador Welding, and Average management risk is present at PTC Industries, Harsha Engg Intl, Kirloskar Indus., Oriental Rail, and Mallcom (India). Growth is rated as Excellent for Ador Welding, Good for PTC Industries, Esab India, and KRN Heat Exchan, while Below Average growth is noted for Inox India, Harsha Engg Intl, Diffusion Eng, and Mallcom (India). Capital Structure is rated Excellent for Inox India, Esab India, KRN Heat Exchan, Ador Welding, and Diffusion Eng, while Good capital structure is found at PTC Industries and Kirloskar Indus., and Average capital structure is present at Harsha Engg Intl, Oriental Rail, and Mallcom (India).<BR><BR>Return Snapshot: The peer with the highest 1-year return is PTC Industries at 20.49%, while the lowest is Kirloskar Indus. at -19.74%. Inox India’s 1-year return is 50.29%, which is significantly higher than both. Additionally, the six-month return is negative for Kirloskar Indus. and Oriental Rail.

Has Inox India Ltd declared dividend?

Yes, Inox India Ltd has declared a dividend of 100%, amounting to ₹2 per share, with an ex-date of June 9, 2026. The company has shown positive total returns, particularly a 31.5% total return over the past year.

Inox India Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 2<BR>- Ex-date: 09 Jun 26<BR><BR>Dividend Yield: 0.14%.<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was 22.46%, the dividend return was 0.17%, resulting in a total return of 22.63%.<BR><BR>In the 6-month period, the price return was 19.3%, the dividend return was 0.16%, leading to a total return of 19.46%.<BR><BR>Over the 1-year period, the price return was 31.16%, the dividend return was 0.34%, culminating in a total return of 31.5%.<BR><BR>In the 2-year period, the price return was 11.85%, the dividend return was 0.32%, which resulted in a total return of 12.17%.<BR><BR>For the 3-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, there were also no returns, leading to a total return of 0.0%.<BR><BR>In the 5-year period, similarly, there were no returns, resulting in a total return of 0.0%.<BR><BR>Overall, Inox India Ltd has declared a substantial dividend and has shown positive total returns in the short to medium term, particularly over the 1-year period, indicating a favorable performance for investors.

Is Inox India technically bullish or bearish?

As of December 4, 2025, the technical trend is mildly bullish, supported by daily moving averages and Dow Theory, despite some short-term bearish signals from the weekly MACD and KST.

As of 4 December 2025, the technical trend has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD and KST are mildly bearish, suggesting some short-term weakness. The Dow Theory supports a mildly bullish view on the weekly timeframe. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the Dow Theory, despite some bearish signals from the MACD and KST on the weekly timeframe.

How has been the historical performance of Inox India?

Inox India has shown consistent growth over the past three years, with net sales increasing from 965.90 crore to 1,306.00 crore, and profit after tax rising from 154.74 crore to 226.03 crore. The company's total assets also grew significantly, reflecting robust operational efficiency and profitability.

Answer:<BR>The historical performance of Inox India shows a consistent growth trend in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Inox India's net sales have increased from 965.90 crore in March 2023 to 1,306.00 crore in March 2025, reflecting a strong upward trajectory. Total operating income followed a similar pattern, rising from 965.90 crore to 1,306.00 crore during the same period. The company's total expenditure also grew, from 761.54 crore in March 2023 to 1,021.85 crore in March 2025, with raw material costs rising significantly from 489.45 crore to 586.60 crore. Operating profit (PBDIT) improved from 224.54 crore to 325.36 crore, indicating enhanced operational efficiency. Profit before tax rose from 206.94 crore to 298.92 crore, while profit after tax increased from 154.74 crore to 226.03 crore, showcasing robust profitability. The earnings per share (EPS) also saw a rise from 17.05 to 24.91. On the balance sheet, total assets grew from 1,147.81 crore in March 2023 to 1,653.60 crore in March 2025, with total liabilities increasing from 1,147.81 crore to 1,653.60 crore. Cash flow from operating activities remained relatively stable, while cash flow from investing activities showed a notable increase in outflows, indicating significant investment activities. Overall, Inox India has demonstrated strong growth in sales, profits, and asset base over the past three years.

Who are the top shareholders of the Inox India?

The top shareholders of Inox India include Siddharth Jain, the largest promoter with 34.13%, along with 19 mutual fund schemes holding 4.91%, 51 foreign institutional investors (FIIs) with 6.84%, and Goldman Sachs Funds as the highest public shareholder at 2.16%. Individual investors collectively own 9.75% of the shares.

The top shareholders of Inox India include the promoters, who hold a significant portion of the shares. Siddharth Jain is the promoter with the highest holding at 34.13%. Additionally, institutional investors are represented by 19 mutual fund schemes holding 4.91% and 51 foreign institutional investors (FIIs) holding 6.84%. The highest public shareholder is Goldman Sachs Funds - Goldman Sachs India Equity P, which holds 2.16%. Individual investors collectively hold 9.75% of the shares.

Is Inox India overvalued or undervalued?

As of February 14, 2024, Inox India is considered very expensive and overvalued with a PE ratio of 50.17, a Price to Book Value of 12.66, and an EV to EBITDA of 38.07, despite a year-to-date return of 11.13% that outperforms the Sensex's 5.54%, while it has underperformed over the last year with a decline of 2.35% compared to the Sensex's gain of 7.53%.

As of 14 February 2024, the valuation grade for Inox India has moved from risky to very expensive. The company is currently overvalued, with a PE ratio of 50.17, a Price to Book Value of 12.66, and an EV to EBITDA of 38.07. These ratios indicate a significant premium compared to its peers, such as Rail Vikas Nigam Ltd., which has a PE of 69.76, and AIA Engineering Ltd., with a PE of 31.18.<BR><BR>Inox India's financial metrics suggest that it is trading at a high valuation relative to its earnings and book value, reinforcing the conclusion of being overvalued. The company's recent stock performance has been mixed, with a year-to-date return of 11.13%, which outperforms the Sensex return of 5.54% in the same period, but it has underperformed over the last year with a decline of 2.35% compared to the Sensex's gain of 7.53%.