INOX India Limited has delivered its strongest financial performance to date, reporting a record-breaking annual revenue of ₹1,632 crore for FY26, a 21.2% year-on-year growth. The company’s fourth-quarter revenue reached ₹475 crore, while profit after tax (PAT) for the full year climbed to ₹261 crore. Driven by strong demand across industrial and clean energy sectors, the Board has recommended a final dividend of ₹2 per equity share.
Record-Breaking Financial Growth
For the financial year ended March 31, 2026, INOX India Limited achieved its highest-ever annual revenue of ₹1,632 crore, reflecting a robust 21.2% year-on-year growth. The performance was complemented by an adjusted EBITDA of ₹388 crore, up 20.2%, and an adjusted PAT of ₹261 crore, marking a 19.3% increase compared to the previous year. Export markets played a pivotal role, contributing 59% of total annual revenue, reaching ₹971 crore.
Quarterly Highlights
During the fourth quarter (January–March 2026), the company posted its highest-ever quarterly revenue of ₹475 crore, a significant 24.2% jump over the same period last year. Adjusted EBITDA for the quarter rose by 13.4% to ₹108 crore, with adjusted PAT reaching ₹72 crore. The company also reported strong momentum in order acquisition, with ₹504 crore in inflows during the quarter, bringing the total order backlog to ₹1,514 crore.
Strategic Milestones
The company continued to expand its footprint in key specialized sectors. Notably, it secured a major aerospace-related order from a leading U.S.-based private space company and received a landmark LNG marine fuel tank order from Cochin Shipyard. Expansion remains a key focus, with the company confirming the acquisition of land at Kandla to develop a fifth manufacturing facility, augmenting its existing presence in Kalol, Savli, and Silvassa.
Segment Performance
Diversification across divisions drove these results. The Industrial Gases Division contributed 50% of the quarterly revenue, supported by robust demand for transport tanks and liquid cylinders. The LNG Division accounted for 32% of quarterly revenue, bolstered by major station orders and automotive OEM dispatches. Additionally, the Cryo-Scientific Division and Beverage Keg Division provided steady contributions, with the latter seeing a 31% increase in annual keg sales volume.
Source: BSE
