INOX India Reports Strong Q1 FY27 Results, Driven by Export Revenue and Strategic Order Inflow

INOX India Reports Strong Q1 FY27 Results, Driven by Export Revenue and Strategic Order Inflow​

INOX India Ltd has announced its unaudited financial results for the first quarter of FY27, ending June 30, 2026. The company reported a quarterly revenue of ₹382 Cr, marking an 8.3% year-on-year (YoY) growth. Profit After Tax (PAT) stood at ₹61 Cr, while EBITDA reached ₹90 Cr, up 1.4%.

The results reflect strong international demand and robust business development across the company's various divisions. For Q1 FY27, export revenue accounted for ₹222 Cr, contributing 58% to total revenues. The firm secured significant order inflows amounting to ₹532 Cr, elevating its total order book to ₹1,686 Cr, which signals strong market confidence in the industrial and clean energy sectors.

Key Financial Highlights (Q1 FY27)​

The company's performance metrics for Q1 FY27 are summarized below:

Divisional Performance and Market Penetration​

INOX India Ltd's operations span multiple specialized areas, with distinct contributions to the overall revenue:

• Industrial Gases: The Industrial Gases division contributed 53% of the total revenue. During the quarter, the company secured a major order from the space exploration industry for large cryogenic storage tanks and placed another order for six additional tanks from the same customer, solidifying its standing in global aerospace cryogenic infrastructure. The disposable cylinder business saw healthy repeat orders from customers globally. Furthermore, INOX India entered the semiconductor infrastructure market by securing initial orders for transportation tanks destined for semiconductor manufacturing facilities in Dholera.
• LNG Division: This division contributed 22% of the revenue. A decline in global LNG prices improved the economic viability of LNG as a transport fuel, leading to renewed momentum in LNG fuelling infrastructure. The company secured multiple orders for LNG fuelling stations and continued strengthening its leadership in the LNG semi-trailer segment. Installation activities began after the delivery of the first batch of large storage tanks to the mini-LNG terminal project site in The Bahamas.
• Cryo Scientific Division (CSD): CSD contributed 20% of the revenue. INOX secured a prestigious order from CERN for highly specialized cryogenic modules for an advanced particle physics research facility and received another important repeat order from ITER, France, reinforcing its position in advanced scientific cryogenic engineering.

Strategic Growth and Certifications​

In addition to operational performance, INOX India Ltd reported several key strategic developments during the quarter:

• Aerospace Quality: The company received the AS9100D aerospace quality certification, which allows it to manufacture components for onboard flight applications and expands its addressable aerospace market.
• Global Partnerships: INOX entered a strategic partnership with WAYOUT, Sweden, for manufacturing modular water micro-factories in India, extending its capabilities into sustainable industrial solutions.
• Semiconductor Support: The company partnered with ITM SLS Baroda University to establish a skill development center focused on semiconductor pipeline fabrication and orbital welding, supporting India's Semiconductor Mission.

Management Commentary​

Commenting on the results, Deepak Acharya, Chief Executive Officer of INOX India Limited, stated that Q1 FY27 was a milestone quarter. He highlighted the record high quarterly order inflow of approximately ₹532 crore, bringing the total order book to ₹1,686 crore. The export order book now exceeds ₹1,140 crore, providing strong revenue visibility for forthcoming quarters. Acharya noted that the quarter showed increased presence in high-growth segments through repeat orders from aerospace clients and entries into India's semiconductor ecosystem. He added that the AS9100D certification is a key development, enabling participation in onboard aerospace applications, while partnerships related to semiconductor skill development and sustainable water solutions reinforce the focus on building new growth platforms.

INOXINDIA Stock Price Movement​

Today, shares of INOX India Limited edged higher to close at ₹1920.40, finishing the trading session with a 0.73% gain. The stock traded within an intraday range of ₹1879 and ₹1980, accompanied by a volume of 133,526 shares.