INOX India Limited Begins FY 2026–27 with Strong Order Momentum, Secures ₹322 Crore New Contracts

Among the recent contracts, the largest was a “mega order” in the industrial gas segment received from a global private space exploration company. Under this contract, INOX India Limited will supply large cryogenic storage tanks with a capacity of 1,500 cubic meters. Such high-value and technologically advanced projects are expected to further strengthen the company’s global positioning in the cryogenic engineering domain.

Additionally, the company has secured a significant order from CERN for cryogenic modules, reinforcing its technical capabilities in advanced scientific applications. According to the company, out of the total ₹322 crore order inflow, the industrial gas segment contributed approximately ₹242 crore, making it the largest contributor.

The liquefied natural gas business accounted for around ₹39 crore in orders, while cryo-scientific solutions contributed nearly ₹38 crore. The company also received several smaller but strategically important contracts involving LNG semi-trailers, dispensers, IMO tanks, and liquid cylinders, further diversifying its operational portfolio.

Following the disclosure of the order update in an exchange filing, INOX India Limited’s shares reacted positively in the market. The stock rose by 2.42 percent and was trading at ₹1,484. Over the past three months, the stock has gained approximately 30 percent. Since its listing in December 2023, the stock has appreciated by around 56 percent. The 52-week high and low stand at ₹1,615.90 and ₹1,065 respectively, while the company’s market capitalization is recorded at ₹13,138 crore.

Deepak Acharya stated that the orders received in the first quarter of financial year 2027 demonstrate strong growth visibility for the company. He added that the company’s product portfolio remains robust, with sustained demand for high-quality cryogenic solutions across domestic and global markets. According to the company, rising demand across industrial gases, LNG, and scientific research sectors is expected to further accelerate business growth in the coming period.

The development underscores INOX India Limited’s strengthening position in the global cryogenic technology landscape, driven by high-value international contracts and expanding demand across advanced industrial and scientific applications.