In Week of Mar 28, 2026, Inox India Ltd (Industrial Gas) is outperforming Nifty 500 with +21.6% relative strength. Fundamentals: Average. On a 4-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Mar 7, 2026
What: On track to deliver 470+ cr revenue in Q4 with potential to exceed targets
Impact: +₹470 Cr revenue
“We are absolutely on track and we can perform perhaps better than this - CFO”
What: Major U.S. client relationship poised for significant expansion
“Times three times. We are even ready for five times as well - CEO”
What: Automatic price adjustments for 3%+ input cost changes
“If there is an increase in around 3% plus minus then we automatically increase our pricing - CEO”
Earnings deceleration risks from management commentary
Trigger: Input costs rise >3% on fixed-price projects
Impact: -200 bps margin impact
Management view: For fixed projects, we book material immediately upon order receipt - CEO
Monitor: Gross margin trends on project basis
Trigger: Quality or delivery issues with key aerospace client
Impact: -300 bps margin impact
Management view: Few global manufacturers can handle these requirements, they have to depend on us - CEO
Monitor: Aerospace client order fulfillment rates
Key quotes from recent conference calls
“As of 31st December 2025 our order backlog stood at 1457 crores providing strong revenue visibility for the coming quarters. Of this 63% is from exports and 37% from domestic market — Pavan Logar”
“We have like the formula which we already worked upon. And if there is a around 3% increase decrease maybe there are many factors like wages, is there. Steel prices, is there Inflation, is there. Commodity prices, is there. So that formula is there. If there is an increase in around 3% plus minus then we automatically increase our pricing or decrease our pricing depending on that — Deepak Acharya”
“Times three times. We are even ready for five times as well. So no problem. So what is the challenge they throw on us? Definitely we will make our best to see that we cater their requirements — Deepak Acharya”
“Total fund availability stood at 160 crores. Providing ample headroom to support future capacity expansion, ongoing project execution and other strategic initiatives — Pavan Logar”
Forward-looking targets from management for next 2-4 quarters
Revenue Growth Target
18%
Implied PAT Growth
20%
Key Milestones
• 900 cr revenue in H2 FY26
• Aerospace client scaling to 2-5x
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +28% | +19% | Stable |
| PAT (Net Profit) | +5% | +20% | Stable |
| OPM | 22.0% | +100 bps | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 7, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Inox India Ltd's latest quarterly results (Dec 2025) show
Inox India Ltd's profit is growing with an stable trend.
Inox India Ltd's revenue growth trend is stable.
Inox India Ltd's operating margin is stable.
Inox India Ltd's long-term compounding rates
Inox India Ltd's earnings growth is stable with mixed signals on a sequential basis.
Inox India Ltd's trailing twelve month (TTM) performance
Inox India Ltd appears undervalued based on our fair value analysis.
Inox India Ltd's current PE ratio is 43.0x.
Inox India Ltd's current PE is 43.0x.
Inox India Ltd's price-to-book ratio is 11.1x.
Inox India Ltd is rated Average with a fundamental score of 48.87/100. This score is calculated from objective financial metrics
Inox India Ltd has a debt-to-equity ratio of N/A.
Inox India Ltd's return ratios over recent years
Inox India Ltd's operating cash flow is positive (FY2025).
Inox India Ltd's current dividend yield is 0.17%.
Inox India Ltd's shareholding pattern (Dec 2025)
Inox India Ltd's promoter holding has remained stable recently.
Inox India Ltd has been outperforming Nifty 500 for 4 consecutive weeks, indicating building momentum.
Inox India Ltd is an established outperformer with 4 weeks of consecutive Nifty 500 outperformance.
Inox India Ltd has 3 key growth catalysts identified from recent earnings analysis
Inox India Ltd has 2 key risks worth monitoring
In Q3 FY26, Inox India Ltd's management highlighted
Inox India Ltd's management has provided the following forward guidance for next 2-4 quarters
Based on quantitative research signals, here is why Inox India Ltd may be worth studying
Inox India Ltd investment thesis summary:
Inox India Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
