Inox India Ltd

Inox India Ltd

₹ 1,314 -3.79%
09 May 4:00 p.m.
About

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]

Key Points

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.

  • 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.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Sep 2023 Dec 2023
236 248 275
184 192 214
Operating Profit 51 56 61
OPM % 22% 22% 22%
5 7 5
Interest 0 1 1
Depreciation 3 4 5
Profit before tax 53 58 59
Tax % 25% 25% 24%
40 44 45
EPS in Rs 4.37 4.82 4.95
Raw PDF
Upcoming result date: 13 May 2024

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%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
75.00% 75.00%
4.65% 6.14%
6.48% 6.58%
13.87% 12.28%
No. of Shareholders 2,37,9661,89,674

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents