INOX India Limited

BSE: INOXINDIA544046ISIN INE616N01034

Industrials
Other Industrial Products
BSE 1000

Share price

₹1,930.95+72.45 (+3.90%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹2,338.95
52W low: ₹1,030.85
Off 52W high: -17.44%
1M return: -7.55%
3M return: -0.46%
6M return: +28.04%
1Y return: +59.26%
20D avg volume: 12,059
50 DMA: ₹2,050.66
200 DMA: ₹1,645.92

Key ratios Consolidated

Market cap: ₹17,557 Cr
Current price: ₹1,930.95
52W high / low: ₹2,338.95 / ₹1,030.85
Face value: ₹2.00
P/E: 67.38
P/B: 14.30
EPS (TTM): ₹28.66
Book value / share: ₹135.03
ROE: —
ROCE: 30.80%
Operating margin: —
Net margin: —
Debt / equity: 0.06
Net debt: ₹53.47 Cr
Interest cover: 38.04
Dividend yield: 0.10%
Dividend / share (TTM): ₹2.00
Payout: 6.98%
Cash conversion cycle: 146.2 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	456.48	370.79	460.65	428.56	358.22	339.62	369.40	333.63	306.56	296.41	276.12	290.44
	10.85	10.81	14.59	7.08	10.85	12.67	13.14	8.43	13.44	5.37	11.20	4.73
	467.34	381.60	475.24	435.64	369.07	352.29	382.54	342.06	320.00	301.78	287.32	295.17
	378.54	306.01	378.53	346.87	289.89	271.78	296.05	273.32	251.40	233.85	229.60	231.27
	214.51	149.61	204.13	182.76	132.38	143.42	182.15	150.39	139.85	113.67	121.63	97.99
	11.50	0.08	14.48	0.00	0.00	0.00	0.00	—	—	—	—	—
	42.52	42.25	38.17	40.11	33.77	33.88	29.39	27.18	27.32	26.15	31.90	27.73
	1.05	1.59	3.51	3.00	2.00	0.72	1.17	2.50	2.83	2.04	1.53	2.29
	9.87	9.50	9.02	9.40	7.62	7.57	7.14	6.40	5.92	5.61	5.17	5.24
	124.34	108.57	119.21	90.60	96.28	94.85	102.06	—	—	—	—	—
	88.80	75.59	96.72	88.77	79.19	80.51	86.48	68.74	68.60	67.93	57.72	63.90
	0.00	0.00	3.21	-8.49	2.00	0.00	0.00	7.17	0.00	0.00	0.00	0.00
	88.80	75.59	99.92	80.28	81.19	80.51	86.48	75.91	68.60	67.93	57.72	63.90
	22.23	17.51	24.68	19.59	20.35	19.39	20.97	17.53	19.11	15.29	13.64	15.30
	66.56	58.07	75.24	60.70	60.84	61.12	65.51	58.39	49.49	52.64	44.08	48.60
	7.32	6.40	8.29	6.69	6.70	6.73	7.22	6.43	5.45	5.80	4.86	5.35
Key metrics
	99.72	86.68	112.45	92.68	90.81	88.80	94.79	84.81	77.35	75.58	64.42	71.43
	21.80%	23.40%	24.40%	21.60%	25.40%	26.10%	25.70%	25.40%	25.20%	25.50%	23.30%	24.60%
	14.60%	15.70%	16.30%	14.20%	17.00%	18.00%	17.70%	17.50%	16.10%	17.80%	16.00%	16.70%
	7.10%	—	9.10%	—	8.20%	—	9.70%	—	—	—	—	—
	27.40%	9.20%	24.70%	28.50%	16.90%	14.60%	33.80%	14.90%	—	—	—	—
	9.40%	-5.00%	14.90%	4.00%	22.90%	16.10%	48.60%	20.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,716	1,587	1,306	1,131
	43.33	45.19	40.67	31.31
	1,760	1,632	1,347	1,162
	1,410	1,287	1,055	904.71
	751.01	662.69	586.06	456.07
	26.06	14.48	0.00	—
	163.05	145.92	110.05	101.70
	9.15	9.23	8.54	5.67
	37.79	33.62	25.06	18.14
	442.72	400.94	334.30	—
	349.88	345.19	291.75	257.78
	-5.28	-3.28	7.17	0.00
	344.59	341.91	298.92	257.78
	84.01	84.02	72.90	61.77
	260.57	257.89	226.03	196.00
	28.70	28.41	24.90	21.59
Key metrics
	391.53	384.76	332.52	281.59
	22.81%	24.20%	25.50%	24.90%
	15.18%	16.20%	17.30%	17.30%
	—	30.80%	34.10%	—
	22.53%	21.50%	15.50%	—
	5.98%	14.10%	15.30%	—
	—	10.73	-3.07	—
	—	0.45	0.54	—
	—	0.06	0.04	—
	—	53.47	29.59	—
	—	146.2	169.5	—
Balance sheet
	—	2,016	1,655	—
	—	1,555	1,265	—
	—	16.03	3.51	—
	—	312.86	251.64	—
	—	478.18	492.99	—
	—	—	53.13	—
	—	419.44	349.52	—
	—	155.76	138.25	—
	—	874.82	752.61	—
	—	69.50	33.10	—
	—	69.50	33.10	—
	—	0.00	0.00	—
	—	1,118	873.69	—
Cash flow
	—	116.65	121.95	—
	—	-109.71	-139.19	—
	—	5.39	17.15	—
	—	105.92	125.02	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	445.32	357.00	455.46	418.86	355.56	327.39	369.14	332.01	303.53	291.62	269.33	274.87
	10.07	11.13	13.41	8.26	10.30	12.47	12.13	8.63	12.53	5.79	11.90	4.57
	455.39	368.13	468.87	427.12	365.86	339.87	381.28	340.64	316.06	297.40	281.23	279.44
	368.96	295.04	372.32	339.74	289.53	259.92	295.26	270.53	247.53	228.90	224.82	220.39
	212.55	143.13	206.32	184.04	145.32	126.95	175.29	148.12	138.35	113.07	120.43	94.16
	11.50	0.08	14.48	0.00	0.00	0.00	0.00	—	—	—	—	—
	39.65	39.44	35.92	37.23	32.22	32.32	28.34	26.06	25.95	24.63	30.35	24.09
	0.80	1.42	3.26	2.96	1.90	0.63	1.24	2.26	2.77	1.88	2.29	1.39
	8.49	8.17	7.93	8.11	7.51	7.19	6.79	6.01	5.63	5.32	5.08	4.64
	122.20	107.36	118.27	91.05	96.59	93.91	101.43	13.88	11.02	—	—	68.02
	86.43	73.09	96.55	87.38	76.33	79.95	86.02	70.11	68.53	68.50	56.41	59.05
	0.00	0.00	3.21	-8.49	2.00	0.00	0.00	7.17	—	—	—	—
	86.43	73.09	99.76	78.89	78.33	79.95	86.02	77.28	68.53	68.50	56.41	59.05
	21.84	16.72	25.47	19.79	19.72	19.56	20.88	19.97	19.11	15.29	13.46	14.10
	64.59	56.37	74.28	59.10	58.61	60.40	65.13	57.31	49.43	53.21	42.95	44.95
	7.10	6.21	8.18	6.51	6.46	6.65	7.18	6.31	5.45	5.86	4.73	4.95
Key metrics
	95.72	82.68	110.95	89.96	87.74	87.77	94.05	85.55	76.93	75.70	63.78	65.08
	21.50%	23.20%	24.40%	21.50%	24.70%	26.80%	25.50%	25.80%	25.30%	26.00%	23.70%	23.70%
	14.50%	15.80%	16.30%	14.10%	16.50%	18.40%	17.60%	17.30%	16.30%	18.20%	15.90%	16.40%
	6.80%	—	8.90%	—	7.80%	—	9.40%	—	—	—	—	—
	25.20%	9.00%	23.40%	26.20%	17.10%	12.30%	37.10%	20.80%	—	—	—	—
	10.20%	-6.70%	14.00%	3.10%	18.60%	13.50%	51.60%	27.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,677	1,557	1,296	1,085
	42.87	44.45	39.08	31.91
	1,720	1,602	1,335	1,117
	1,376	1,262	1,042	871.22
	746.04	662.63	574.83	436.37
	26.06	14.48	0.00	—
	152.24	137.68	104.99	96.54
	8.44	8.75	8.14	5.37
	32.70	30.75	23.76	16.92
	438.88	399.82	331.94	—
	343.45	340.21	293.16	245.63
	-5.28	-3.28	7.17	—
	338.17	336.93	300.33	245.63
	83.82	84.54	75.25	59.50
	254.34	252.39	225.08	186.13
	28.00	27.81	24.80	20.51
Key metrics
	379.31	376.43	332.23	267.92
	22.62%	24.20%	25.60%	24.70%
	15.17%	16.20%	17.40%	17.20%
	—	29.90%	33.20%	—
	21.14%	20.10%	19.50%	—
	5.34%	12.10%	20.90%	—
	—	36.79	-19.56	—
	—	0.36	0.47	—
	—	0.06	0.04	—
	—	56.40	31.54	—
	—	150.0	166.8	—
Balance sheet
	—	2,000	1,644	—
	—	1,551	1,222	—
	—	13.10	1.56	—
	—	325.10	255.18	—
	—	468.24	471.18	—
	—	—	48.39	—
	—	366.53	345.37	—
	—	153.07	134.19	—
	—	842.48	715.13	—
	—	69.50	33.10	—
	—	69.50	33.10	—
	—	0.00	0.00	—
	—	1,139	900.88	—
Cash flow
	—	91.89	106.21	—
	—	-87.67	-123.67	—
	—	7.32	18.52	—
	—	55.10	125.77	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +21.14%
Profit YoY (TTM): +5.34%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +22.53%
Profit YoY (TTM): +5.98%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.73%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	74.73%	74.73%	74.87%

Holder	Type	Holding	Previous	Change
SIDDHARTH JAIN	Promoter	37.21%	37.21%	0.00%
PAVAN KUMAR JAIN	Promoter	16.39%	16.39%	0.00%
NAYANTARA JAIN	Promoter	15.69%	15.69%	0.00%
ISHITA JAIN	Promoter	4.19%	4.19%	0.00%
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY P	Public	1.56%	1.56%	0.00%
ABAKKUS FLEXI CAP FUND	Public	1.33%	1.33%	0.00%
ICICI PRUDENTIAL TECHNOLOGY FUND	Public	1.11%	1.11%	0.00%
MANJU JAIN	Promoter Group	0.70%	0.70%	0.00%
LATA MADHUSUDAN RUNGTA	Promoter Group	0.55%	0.55%	0.00%
Shreyasi Goenka	Promoter Group	0.00%	0.00%	0.00%
Arunkumar Roongta (HUF)	Promoter Group	0.00%	0.00%	0.00%
Siddho Mal Trading LLP	Promoter Group	0.00%	0.00%	0.00%
Coronet Holdings Private Limited	Promoter Group	0.00%	0.00%	0.00%
Araadhya Jain	Promoter Group	0.00%	0.00%	0.00%
Minal Somany	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
HBL ENGINEERING LIMITED	23,187	836.50	43.20	45.90%	—	—	-15.86%
INOX India Limited	17,557	1,930.95	67.38	30.80%	+22.53% TTM	+5.98% TTM	+59.26%
Esab India Ltd. S	8,206	5,330.95	36.98	60.80%	+12.99% TTM	+29.07% TTM	+9.05%
KRN HEAT EXCHANGER AND REFRIGERATION LIMITED	6,620	1,011.40	57.55	18.00%	+77.18% TTM	+94.83% TTM	+27.68%
Harsha Engineers International Limited	4,200	461.30	25.73	14.20%	+22.34% TTM	+65.44% TTM	+15.61%
Subros Ltd.	3,881	594.85	22.79	16.70%	+21.25% TTM	+5.94% TTM	-42.91%
Ador Welding Ltd.	2,462	1,414.95	21.32	20.30%	+12.93% TTM	+111.66% TTM	+31.10%
Diffusion Engineers Limited	1,568	419.05	27.32	15.70%	+38.32% TTM	+34.51% TTM	+12.53%
MIC Electronics Limited	1,085	36.43	-89.18	10.00%	+132.72% TTM	-227.43% TTM	-30.96%
Hy-Tech Engineers Limited	768	81.02	—	—	+17.36% FY26	+15.14% FY26	—
Technocrats Plasma Systems Limited S	715	406.20	—	—	+166.03% FY26	+84.22% FY26	—
MALLCOM (INDIA) LTD.	570	912.80	21.29	14.80%	+3.91% TTM	-54.47% TTM	-36.70%
Simplex Castings Ltd. S	527	128.45	22.54	26.20%	+15.32% TTM	+28.04% TTM	+32.38%
Sealmatic India Limited	523	481.70	—	12.10%	—	—	+23.38%
EXPO ENGINEERING AND PROJECTS LIMITED S	228	88.00	191.30	14.20%	-34.54% TTM	-70.94% TTM	+12.12%
QUEST FLOW CONTROLS LIMITED	184	179.70	—	0.40%	—	—	-26.97%
ALPHALOGIC INDUSTRIES LIMITED S	133	131.00	21.69	26.00%	—	—	+20.52%
W.H. Brady & Co. Ltd.	122	476.80	18.49	8.20%	-9.14% TTM	-71.81% TTM	-34.79%
Narmadesh Brass Industries Limited S	100	323.00	271.43	9.80%	—	—	—
MAURIA UDYOG LIMITED	82	6.18	3.71	39.10%	-13.01% TTM	+6.43% TTM	-52.72%
Siyaram Recycling Industries Limited S	75	34.44	22.36	11.20%	—	—	-63.07%
Indian Link Chain Mnfrs. Ltd. S	61	229.40	-201.23	-0.90%	-100.00% TTM	-321.43% TTM	-87.52%
DELTA MANUFACTURING LIMITED	60	55.33	-5.70	22.80%	+3.75% TTM	+7.22% TTM	-25.73%
Gabriel Pet Straps Limited	47	63.18	—	4.90%	—	—	-78.87%
Storage Technologies and Automation Limited	45	34.84	—	-6.10%	—	—	-51.11%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Outcome of Result Conference Call with Analysts / Investors - Audio recording4 Nov 2026 · Company Update / Analyst / Investor Meet
Intimation of Allotment of Shares pursuant to Company''s Employees Stock Option Plan.4 Nov 2026 · Company Update / Allotment of Equity Shares
Investor Presentation for Earnings Call scheduled on Wednesday, 4th November, 2026 at 11:00 a.m.3 Nov 2026 · Company Update / Investor Presentation
Result Press Release for the Quarter and Half year ended on September 30, 20263 Nov 2026 · Company Update / Press Release / Media Release
Financial Results for the Quarter and Half year ended on September 30, 20263 Nov 2026 · Result / Financial Results
Outcome of Board Meeting held on 03.11.20263 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Q2FY27 Results Conference Call.29 Oct 2026 · Company Update / Analyst / Investor Meet
INOX India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....28 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 20189 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Cancellation of scheduled Investor / Analyst meet.28 Sep 2026 · Company Update / General
Intimation of Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Investor Meet21 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Investor Meet21 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation regarding receipt of Listing and Trading Approval for 1,58,959 equity shares16 Sep 2026 · Company Update / General
Intimation of Investor Meet16 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Investor Meet8 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Investor Meet8 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Allotment of Shares pursuant to Company''s Employees Stock Option Plan.3 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Intimation of Investor Meet3 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Investor Meet3 Sep 2026 · Company Update / Analyst / Investor Meet
Reply to Clarification29 Aug 2026 · Company Update / General
The Exchange has sought clarification from INOX India Ltd on August 28, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.28 Aug 2026 · Company Update / Clarification
Intimation of Investor Meet13 Aug 2026 · Company Update / Analyst / Investor Meet
Earnings Call Transcript10 Aug 2026 · Company Update / Earnings Call Transcript
Outcome of Result Conference Call with Analysts / Investors - Audio recording4 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for Earnings Call scheduled on Tuesday, 4th August, 2026 at 11:00 a.m.3 Aug 2026 · Company Update / Investor Presentation
Press Release - INOX India Limited announces Q1 FY27 Results3 Aug 2026 · Company Update / Press Release / Media Release
Financial Results for the quarter ended June 30, 20263 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 03.08.20263 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Q1FY27 Results Conference Call.28 Jul 2026 · Company Update / Analyst / Investor Meet
INOX India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....27 Jul 2026 · Board Meeting / Board Meeting
Certificate under Reg 74(5) of SEBI (DP) Regulations, 201810 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Press / Media Release on the subject "INOX India Ltd secures multiple orders worth Rs. 939 Cr."8 Jul 2026 · Company Update / Press Release / Media Release
Submission of Form-C by Mr. Parag Kulkani, Director of the Company.1 Jul 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Intimation of Closure of Trading Window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Form-C by Ms. Manju Jain.30 Jun 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Intimation of Revision of End Date of Trading Plan under Regulation 5 of SEBI (Prohibition of Insider Trading) Regulations, 2015.25 Jun 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Scrutinizer''s Report and Voting Results of the 49th Annual General meeting of the Company held on 23rd June, 2026 through VC/OAVM.23 Jun 2026 · AGM/EGM / AGM
Proceedings of 49th Annual General Meeting of the Company held on 23rd June, 2026.23 Jun 2026 · AGM/EGM / AGM
Submission of Form C by Ms. Manju Jain22 Jun 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	9 Jun 2026	9 Jun 2026	—
Final Dividend - Rs. - 2.0000	4 Jun 2025	4 Jun 2025	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
3 Aug 2026 Board Meeting - Financial Results