Inox India Secures ₹373 Crore in New Orders, Stock Gains Ground
Cryogenic solutions leader Inox India lands ₹373 crore worth of deals in FY26 across multiple sectors, boosting investor confidence and share price.
Strong Start to FY26: Inox India Bags Major Multi-Sector Orders
Inox India Limited, a key player in cryogenic engineering, has kicked off the current financial year with significant business momentum. In a filing submitted to stock exchanges on June 17, the company revealed that it has secured orders amounting to ₹373 crore so far in FY26. The announcement sparked a modest uptrend in the company’s shares, which climbed up to 1% following the update.
Wide-Ranging Contracts Across Four Key Segments
The latest round of orders spans four of Inox India’s core operational verticals: industrial gas, cryo-scientific applications, liquefied natural gas (LNG), and beverage keg systems.
Breaking down the ₹373 crore total:
• Contracts totaling ₹151 crore originated from the cryo-scientific solutions segment.
• ₹141 crore were attributed to the industrial gas segment.
• ₹71 crore in orders were secured within the LNG domain.
These deals further cement Inox India’s footprint across multiple industries requiring high-performance cryogenic systems and storage solutions.
Product Focus: From Cryo Tanks to Disposable Cylinders
The newly acquired orders include a diverse range of cryogenic equipment, reflecting the growing demand for efficient and scalable storage systems. Inox India is currently concentrating on expanding its product line, which features:
• LNG storage tanks
• Industrial gas storage vessels
• Transportation tanks
• Cryogenic dispensers
• Single-use cylinders
This strategic emphasis is in line with the company’s long-term vision to support energy transition technologies and offer robust, application-specific cryogenic infrastructure.
Leadership Commentary: Reinforcing Global Standing
Commenting on the development, Inox India’s Chief Executive emphasized that these order wins reaffirm the company’s reputation as a dependable international supplier of cryogenic solutions. He highlighted the company’s ability to deliver high-quality products across a growing number of applications and markets.
He also pointed out a rising interest in cryogenic technologies within the clean energy space—suggesting a promising future as these solutions find relevance in renewable energy, hydrogen storage, and carbon capture projects.
Notable Past Win: Mini LNG Terminal in the Bahamas
This year’s success follows a string of global project wins, including an international contract secured last November for a mini LNG terminal in the Bahamas. Such deals demonstrate the firm’s ability to attract international clients and cater to offshore markets with complex infrastructure requirements.
The continued expansion of its global order book illustrates Inox India’s position as not just a domestic player but also an emerging force in international cryogenic engineering.
Financial Snapshot: Solid Q4 Performance Fuels Growth
The momentum from new orders adds to an already strong financial foundation. Inox India, in its financial update for Q4 FY25 (January to March), revealed the following performance metrics:
• Revenue surged by 34% compared to the same period last year, amounting to ₹369.4 crore in total.
• A 53% surge in EBITDA, standing at ₹81.6 crore
• A sharp 49% rise in net profit, which totaled ₹49.9 crore
This robust financial performance signals strong operational efficiency and improving margins, further supported by increased demand across core sectors.
Market Reaction: Positive Movement in Share Price
Following the disclosure of the fresh orders, Inox India’s stock experienced a moderate rise, trading at ₹1,190.4—up by 0.6% on the day of the announcement. The stock has appreciated by around 8% since the beginning of 2025, reflecting steady investor interest and growing confidence in the company’s outlook.
The upward movement, though limited, suggests that the market is gradually pricing in the company’s improved order pipeline and financial resilience.
Final Thoughts
Marking a dynamic beginning to FY26, Inox India locked in new orders worth ₹373 crore across its major operational divisions. From industrial gas and LNG to cryo-scientific and beverage applications, the company’s latest wins underline its diversified capabilities and trusted reputation.
These developments follow a strong quarterly performance and align with Inox India’s broader strategy to play a crucial role in the evolving landscape of energy storage, especially within the clean energy transition. With a growing portfolio and continued order inflow, the company appears well-positioned for long-term expansion, both domestically and globally.
As interest in cryogenic technologies continues to rise across various sectors, Inox India’s early gains in FY26 may just be the beginning of a robust growth trajectory for the year ahead.
:
The image added is for representation purposes only
