Inox India Ltd
Incorporated in 1976, Inox India Limited offers solutions across the design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions[1]Inox India specializes in supplying cryogenic equipment, particularly tanks. The company offers comprehensive solutions for equipment and systems operating in cryogenic conditions.[2]
- Market Cap ₹ 11,922 Cr.
- Current Price ₹ 1,314
- High / Low ₹ 1,473 / 802
- Stock P/E 77.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 36.0 %
- ROE 27.6 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
- Company has been maintaining a healthy dividend payout of 27.7%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
639 | 640 | 587 | 777 | 950 | |
495 | 508 | 452 | 611 | 744 | |
Operating Profit | 144 | 132 | 135 | 165 | 206 |
OPM % | 22% | 21% | 23% | 21% | 22% |
-190 | 20 | 15 | 21 | 19 | |
Interest | 27 | 25 | 7 | 2 | 3 |
Depreciation | 9 | 11 | 11 | 11 | 13 |
Profit before tax | -83 | 116 | 132 | 173 | 208 |
Tax % | 71% | 39% | 27% | 26% | 25% |
-24 | 71 | 97 | 128 | 156 | |
EPS in Rs | -26.37 | 77.83 | 107.05 | 14.14 | 17.21 |
Dividend Payout % | -0% | -0% | -0% | 11% | 73% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 27% |
Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 18 | 18 |
Reserves | 232 | 303 | 399 | 516 | 567 |
284 | 145 | 60 | 43 | -0 | |
221 | 197 | 252 | 343 | 568 | |
Total Liabilities | 747 | 654 | 720 | 920 | 1,153 |
93 | 104 | 99 | 130 | 161 | |
CWIP | 0 | 0 | 2 | 2 | 0 |
Investments | 119 | 125 | 69 | 356 | 293 |
535 | 425 | 550 | 432 | 699 | |
Total Assets | 747 | 654 | 720 | 920 | 1,153 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
59 | 164 | 226 | 94 | 169 | |
-22 | -2 | -160 | -70 | -9 | |
-5 | -167 | -95 | -25 | -153 | |
Net Cash Flow | 33 | -5 | -28 | -0 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 87 | 81 | 69 | 37 | 50 |
Inventory Days | 330 | 208 | 217 | 345 | 352 |
Days Payable | 33 | 19 | 27 | 43 | 53 |
Cash Conversion Cycle | 384 | 270 | 260 | 339 | 348 |
Working Capital Days | 96 | 70 | 37 | 42 | 32 |
ROCE % | 28% | 30% | 33% | 36% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 May - The results conference call to discuss the Audited Standalone & Consolidated Financial Results of the Company for the quarter ended 31st March, 2024 is scheduled …
- Board Meeting Intimation for Considering And Adopting Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March, 2024. 5 May
- Certificate Under Regulation 40 (9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015. 17 Apr
- Compliance Certificate For The Period Ended 31St March, 2024 Under Regulation 7 (3) Of SEBI (LODR) Regulations, 2015. 11 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Compliance Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018.
Concalls
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Feb 2024Transcript PPT
Business Divison[1]
1. Industrial Gas (71% of FY23 revenue)
The division designs, manufactures, and installs cryogenic tanks and systems for the storage, transportation, and distribution of industrial gases, including green hydrogen and oxygen.