INOX India share price
NSE: INOXINDIABSE: 544046Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,919.70.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹16,946 Cr499th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 3 Aug 2026
- 66.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 14 Jul 2026
- 15.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.11%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 3 Aug 2026
- 25.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 3 Aug 2026
- 25.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 Jul 2026
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,79,16246.5% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 3 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹371 Crdown 19.51%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹58 Crdown 22.81%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 15.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 8 Nov | Dec 2024Filed 7 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 4 Aug | Sep 2025Filed 5 Nov | Dec 2025Filed 12 Feb | Mar 2026Filed 14 Jul | Jun 2026Filed 3 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 307 | 334 | 369 | 340 | 358 | 429 | 461 | 371 |
| Net profit | 49 | 58 | 66 | 61 | 61 | 61 | 75 | 58 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 16.1% | 17.5% | 17.7% | 18.0% | 17.0% | 14.2% | 16.3% | 15.7% |
Business segments
In the year to Mar 2026 the company reports one business segment, MANUFACTURER OF CYROGENIC TANKS, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 68% of 247 trading days over the last year.
At or below today's level on 66% of 606 trading days since May 2024.
At or below today's level on 65% of 247 trading days over the last year.
At or below today's level on 64% of 700 trading days since Dec 2023.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +17.6% | +14.1% | +2.9% | 0.2% |
Mutual funds holding it
71 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 2 of the 15 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 5
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 28
- AddedAdded. Funds that held more shares than at the end of the month before.
- 7
- CutCut. Funds that held fewer shares than at the end of the month before.
- 8
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 23
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 2
| Fund | |||
|---|---|---|---|
 Abakkus Flexi Cap FundAbakkus Mutual Fund | 9,50,000 | 2.49% | ₹195.0 Cr |
 DSP India T.I.G.E.R. FundDSP Mutual Fund | 5,25,833 | 1.72% | ₹107.9 Cr |
 Canara Robeco Small Cap FundCanara Robeco Mutual Fund | 4,77,593 | 0.70% | ₹98.0 Cr |
 ICICI Prudential Infrastructure FundICICI Prudential Mutual Fund | 4,24,914 | 1.06% | ₹87.2 Cr |
| ICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund | 4,16,572 | 1.06% | ₹85.5 Cr |
 UTI Small Cap FundUTI Mutual Fund | 3,16,882 | 1.24% | ₹65.0 Cr |
 Trustmf Small Cap FundTrust Mutual Fund | 2,92,546 | 1.55% | ₹60.0 Cr |
| Abakkus Small Cap FundAbakkus Mutual Fund | 2,60,000 | 1.64% | ₹53.4 Cr |
 Tata Infrastructure FundTata Mutual Fund | 2,07,156 | 2.15% | ₹42.5 Cr |
 Aditya Birla Sun Life Large & Mid Cap FundAditya Birla Sun Life Mutual Fund | 1,97,678 | 0.72% | ₹40.6 Cr |
Peers and competitors
Other Industrial Products, 57 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to INOX India in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 HBL EngineeringHBLENGINE | 21,340 | 27.3 | 9.6 | 19.5 | +63.0% | +129.6% | 42.2% | 45.0% | 0.39% |
 Esab IndiaESABINDIA | 8,170 | 36.8 | 19.0 | 27.9 | +13.0% | +29.1% | 56.1% | 63.5% | 1.41% |
 KRN Heat Exchanger and RefrigerationKRN | 6,667 | 68.8 | – | – | +64.0% | +81.8% | 18.1% | 15.9% | 0.00% |
 WPILWPIL | 3,892 | 22.9 | 2.4 | 11.1 | +8.4% | +46.6% | 11.5% | 12.4% | 0.50% |
 SubrosSUBROS | 3,837 | 23.1 | 3.1 | 11.8 | +13.8% | +6.4% | 14.2% | 15.7% | 0.51% |
 Harsha Engineers InternationalHARSHA | 3,682 | 23.8 | 2.6 | 15.9 | +20.2% | +69.6% | 11.6% | 11.4% | 0.37% |
| Aimtron ElectronicsAIMTRON | 3,438 | 74.8 | 14.7 | – | +89.2% | +79.4% | 23.6% | – | 0.00% |
 Ador WeldingADOR | 2,254 | 19.5 | 4.0 | 14.2 | +12.9% | +111.7% | 21.7% | 22.8% | 1.78% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 9 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 4 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
Latest announcements
Routine notices left out.Share news and announcements
Sep 2026
21 Sep · Analysts
21 Sep · Analysts
16 Sep · General Updates
16 Sep · Analysts
8 Sep · Analysts
INOX India share price by year
Each calendar year to 2025.INOX India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,134.10 | +2.5% | 1,266.90 | 889.60 |
| 2024 | 1,106.85 | +25.4% | 1,459.10 | 810.40 |
| 2023 | 882.60 | – | 939.95 | 882.60 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,891.90 | 1,919.60 | 1,814.40 | 1,863.80 | 1,855.77 | 1,79,162 | 46.5% |
| 22 Oct 2026 | 1,892.00 | 1,934.70 | 1,871.00 | 1,919.70 | 1,909.46 | 2,06,179 | 51.2% |
| 21 Oct 2026 | 2,001.80 | 2,015.90 | 1,899.70 | 1,930.10 | 1,937.36 | 1,98,426 | 51.9% |
| 19 Oct 2026 | 2,009.60 | 2,056.30 | 1,980.30 | 1,999.40 | 2,009.97 | 1,22,029 | 31.9% |
| 16 Oct 2026 | 2,025.00 | 2,042.70 | 1,978.00 | 1,987.70 | 1,997.41 | 1,31,605 | 52.4% |
| 15 Oct 2026 | 2,066.50 | 2,075.00 | 2,010.00 | 2,025.00 | 2,028.62 | 1,18,963 | 46.2% |
| 14 Oct 2026 | 2,083.90 | 2,098.70 | 2,036.10 | 2,066.50 | 2,061.24 | 67,714 | 39.4% |
| 13 Oct 2026 | 2,088.10 | 2,099.00 | 2,035.60 | 2,083.90 | 2,065.96 | 59,228 | 38.4% |
| 12 Oct 2026 | 2,066.90 | 2,099.00 | 2,056.20 | 2,078.70 | 2,079.59 | 81,013 | 43.8% |
| 9 Oct 2026 | 2,040.00 | 2,079.00 | 1,980.00 | 2,056.90 | 2,048.82 | 1,42,672 | 42.3% |
About INOX India
INOX India Limited designs and manufactures vacuum-insulated cryogenic equipment. This equipment stores, distributes and transfers gases such as helium, hydrogen, nitrogen, oxygen and liquefied natural gas (LNG) at very low temperatures. The company covers design, engineering, manufacturing, delivery and turnkey projects, and serves customers in industrial gases, LNG, beverage kegs and scientific research applications. It was incorporated in 1976.
The business is organised into three main divisions: an Industrial Gas division, an LNG division and a Cryo Scientific division. The LNG division offers storage tanks, semi-trailers, fuel tanks, satellite stations and regasification systems. The Cryo Scientific division supplies equipment for research projects such as ITER in France. Other businesses include stainless steel kegs, disposable cylinders, small industrial containers and transformer tanks.
It has four large-scale manufacturing facilities in India, a service and distribution base in Brazil and a stock-and-sale facility in the Netherlands. Its registered office is in Vadodara, Gujarat. Its geographic footprint covers more than 100 countries.
The company was founded by Pavan Kumar Jain, who is its chairman and a promoter. A promoter is the person or group that set up a company or controls it. In its early years it entered a technical collaboration with Nippon Sanso to manufacture cryogenic vessels and vacuum-insulated tanks. The company is listed on Indian stock exchanges and describes itself as an INOX Group company.
- Legal name
- INOX India Limited
- NSE symbol
- INOXINDIA
- BSE code
- 544046
- ISIN
- INE616N01034
- Industry
- Industrial Products
- Listed
- Dec 2023
- Face value
- ₹2
- CIN
- L99999GJ1976PLC018945
- Corporate identity number, the registrar of companies' code for it