INOX India Q1 FY27 revenue rises 8.3% to ?3.82 bn

  • Industry News
  • Aug 07,26
INOX India reported Q1 FY27 revenue of Rs 3.82 billion, with exports contributing 58 per cent, while its order book reached Rs 16.86 billion.
INOX India Q1 FY27 revenue rises 8.3% to ?3.82 bn

INOX India Ltd (INOXCVA) has reported its unaudited financial results for the first quarter ended June 30, 2026, following approval by its Board of Directors.

The company reported Profit After Tax (PAT) of Rs610 million for Q1 FY27. Quarterly revenue stood at Rs 3.82 billion, rising 8.3 per cent year-on-year, while EBITDA increased 1.4 per cent to Rs900 million.

Exports accounted for 58 per cent of revenue during the quarter, with export sales reaching Rs2.22 billion, reflecting continued international demand. The company secured order inflows totalling Rs5.32 billion, taking its total order book to Rs16.86 billion, signalling positive market confidence and the potential of the industrial and clean energy sectors. Export orders now exceed Rs11.40 billion, providing strong revenue visibility for the coming quarters.

The Industrial Gases division contributed 53 per cent of overall revenue during the quarter. In Q1 FY27, INOX India secured a major order from the space exploration industry for large cryogenic storage tanks, along with an order for six additional tanks from the same customer, reinforcing its position as a trusted partner in the global aerospace cryogenic infrastructure segment.

The disposable cylinder business continued to receive healthy repeat orders from customers across global markets. INOX India also entered the semiconductor infrastructure space by securing initial orders for transportation tanks for semiconductor manufacturing facilities in Dholera.

The Cryoseal liquid cylinder business continued to gain traction in India, supported by expansion of the dealer network and enhanced manufacturing automation.

The LNG division contributed 22 per cent of the company’s overall revenue during the quarter. The decline in global LNG prices improved the economic viability of LNG as a transportation fuel, resulting in renewed momentum in LNG fuelling infrastructure.

During the quarter, the company secured multiple orders for LNG fuelling stations while continuing to strengthen its leadership in the LNG semi-trailer segment. Installation activities commenced following the delivery of the first batch of large storage tanks to the mini-LNG terminal project site in The Bahamas. The initial success of the project in The Bahamas has also created new opportunities for satellite LNG stations.

The Cryo Scientific Division (CSD) contributed 20 per cent of overall revenue during the quarter. The company also secured a prestigious order from CERN for the manufacture of highly specialised cryogenic modules for one of the world’s most advanced particle physics research facilities, marking its entry.

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