INOX India reported its unaudited financial results for the first quarter ended June 30, 2026, with revenue rising 8.3% year-on-year to ₹382 crore. The company achieved a record quarterly order inflow of approximately ₹532 crore, pushing its total order book to ₹1,686 crore. Key segments like industrial gases, LNG, and cryo-scientific applications contributed to the growth, with significant new orders secured from aerospace and research institutions.
INOX India Announces Strong Q1 FY27 Performance
INOX India Ltd (INOXCVA) has announced its unaudited financial results for the first quarter of FY27, ended June 30, 2026. The company posted a robust revenue growth of 8.3% year-on-year, reaching ₹382 crore. This performance reflects continued demand across its diverse cryogenic solutions segments.
Record Order Inflow Boosts Future Prospects
A major highlight of the quarter was the record quarterly order inflow, amounting to approximately ₹532 crore. This substantial inflow has bolstered the company’s total order book to a significant ₹1,686 crore. The company noted that export orders now exceed ₹1,140 crore, underscoring a growing global acceptance of its engineering capabilities and providing strong revenue visibility for the upcoming quarters.
Segmental Performance and Strategic Developments
The Industrial Gases division contributed 53% to the overall revenue. During Q1 FY27, INOX India secured a major order for large cryogenic storage tanks for the space exploration industry and additional orders from existing clients. The company also entered the semiconductor infrastructure market with initial orders for transportation tanks.
The LNG Division, accounting for 22% of revenue, saw renewed momentum due to improved economic viability of LNG as a transportation fuel. Multiple orders for LNG fuelling stations were secured, and installation activities commenced for a mini-LNG terminal project in The Bahamas.
The Cryo Scientific Division (CSD), contributing 20% to revenue, received a prestigious order from CERN for specialized cryogenic modules. Further strengthening its position in advanced scientific cryogenics, the company also received a repeat order from ITER, France.
Other strategic developments include a partnership with WAYOUT, Sweden, for manufacturing modular water micro-factories, the attainment of AS9100D aerospace quality certification, and a collaboration with ITM SLS Baroda University to establish a skill development center for semiconductor pipeline fabrication.
Financial Highlights
For Q1 FY27, INOX India reported:
- Total Revenue: ₹382 crore (up 8.3% YoY from ₹352 crore in Q1 FY26)
- EBITDA: ₹90 crore (up 1.4% YoY from ₹88 crore in Q1 FY26) with a margin of 23.5%
- PAT: ₹61 crore (flat YoY from ₹61 crore in Q1 FY26) with a margin of 15.9%
Deepak Acharya, Chief Executive Officer of INOX India Limited, commented, “Q1 FY27 marks another milestone quarter for INOX India, highlighted by our highest-ever quarterly order inflow of approximately ₹532 crore, taking our current order book to a record ₹1,686 crore.” He further emphasized the strong presence in high-growth segments and confidence in delivering sustainable long-term growth.
Source: BSE
