Rs 1,686 Crore Record Order Book: This Multibagger Engineering Stock Reports Q1 FY27 Results; Revenue Jumps 8.3% YoY

On Tuesday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index falling 143.85 points, or 0.58 per cent, to 24,630.45. Amid the weak market sentiment, INOX India share price fell 0.64 per cent to Rs 1,908.20 after the company announced its unaudited financial results for the quarter ended June 30, 2026.

INOX India Q1 FY27 Results

INOX India reported revenue of Rs 382 crore for Q1 FY27, compared with Rs 352 crore in the corresponding quarter last year, registering a 8.3 per cent YoY growth.

EBITDA increased 1.4 per cent year-on-year to Rs 90 crore from Rs 88 crore, while the EBITDA margin stood at 23.5 per cent.

The company's profit after tax (PAT) remained flat at Rs 61 crore compared with Rs 61 crore in Q1 FY26, with a PAT margin of 15.9 per cent.

Record Order Inflow and Order Book

During the quarter, the company secured order inflows of Rs 532 crore, taking its total order book to a record Rs 1,686 crore. Export orders exceeded Rs 1,140 crore, providing strong revenue visibility for the coming quarters.

Export revenue stood at Rs 222 crore, contributing 58 per cent of the company's total revenue during the quarter.
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Business Highlights

The Industrial Gases division contributed 53 per cent of the company's revenue during the quarter. INOX India secured a major order from the space exploration industry for large cryogenic storage tanks along with an additional order for six tanks from the same customer. The company also entered the semiconductor infrastructure segment by securing initial orders for transportation tanks for semiconductor manufacturing facilities in Dholera.

The LNG Division contributed 22 per cent of revenue. During the quarter, the company secured multiple orders for LNG fuelling stations and commenced installation activities at the mini-LNG terminal project in The Bahamas following the delivery of the first batch of large storage tanks.

The Cryo Scientific Division contributed 20 per cent of revenue. During the quarter, INOX India received a prestigious order from CERN for manufacturing specialised cryogenic modules and also secured a repeat order from ITER, France, strengthening its presence in advanced scientific cryogenic engineering.

The company also continued executing orders from leading global brewery customers in its stainless-steel keg business. Its approved customer base now includes Heineken, AB InBev and Molson Coors, representing more than 40 per cent of global beer market volumes.

Strategic Developments

During the quarter, INOX India entered into a strategic partnership with WAYOUT, Sweden, for manufacturing modular water micro-factories in India.

The company also received the AS9100D aerospace quality certification, enabling it to manufacture aerospace components for onboard flight applications.

Additionally, it partnered with ITM SLS Baroda University to establish a dedicated skill development centre focused on semiconductor pipeline fabrication and orbital welding, supporting India's Semiconductor Mission.

About INOX India

INOX India Ltd is one of the largest manufacturers of cryogenic storage, re-gasification and distribution systems for LNG, industrial gases and cryo-scientific applications. The company operates across India, Brazil and Europe, serves customers in more than 100 countries, and provides after-sales support through a network spanning over 30 countries. It specialises in the design, engineering, manufacturing, supply and commissioning of cryogenic turnkey packaged systems.

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Disclaimer: The article is for informational purposes only and not investment advice.