What we do Inox India Ltd manufactures advanced cryogenic equipment for industrial gases, LNG, green hydrogen, and scientific research globally, serving diverse sectors such as aerospace, healthcare, and energy. |
Founded in 1,976 |
Market share Leading Indian and global cryogenic equipment manufacturer with over 30 years’ expertise and extensive international presence. |
Problem solved Provides safe, efficient cryogenic storage and transportation solutions addressing industrial gas and clean energy storage needs globally. |
Top clients or who we serve Serves industrial gas producers, LNG infrastructure firms, space agencies like ISRO, global scientific projects, and energy sectors (B2B primarily). |
Key management Pavan Kumar Jain (Chairman), Siddharth Jain (Director), Parag Kulkarni (Executive Director) with distinguished engineering and management backgrounds. |
Our journey and innovations Pioneered India’s hydrogen transport tank, extensive international exports, multiple manufacturing expansions, and supported ITER fusion and ISRO space projects. |
Where we operate Operations span India, South Korea, Europe, Americas, Middle East, and other international markets serving 100+ countries. |
Top products or what we offer Cryogenic tanks, LNG storage and transport systems, liquid hydrogen tanks, cryo-scientific research equipment, and turnkey cryogenic solutions. |
Top brands INOXCVA Cryogenic Tanks - world-class, India’s first hydrogen transport tanks, leading LNG fuel tank manufacturer, ITER and ISRO project equipment. |
Raw materials needed Stainless steel, aluminum, high-performance insulation materials, and specialized alloys for cryogenic applications. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from large project orders, with recurring after-sales services and maintenance contracts contributing steady income. |
Our industry position Top-tier Indian and global supplier with high certification standards, engineering capabilities, and diversified product portfolio. |
Financial highlights FY25 Revenue: ₹1306 Cr, Net Profit: ₹226 Cr, EBITDA margin ~21-24%, robust order book of ₹1457 Cr as of Q3FY26. |
Geographical revenue split About 47% domestic and 53% overseas revenue contributing to balanced global footprint. |
Order book Order backlog of approximately ₹1457 Crore in Q3 FY26 across Industrial Gas, LNG, and Cryo Scientific divisions. |
Whats driving growth Growing demand for clean energy solutions like hydrogen and LNG, policy support, global energy transitions, and new infrastructure development. |
Our future plans Expansion of manufacturing capacity at Savli, commissioning mini-LNG terminals, and scaling liquid hydrogen tank production for global clients. |
Our green promise Committed to sustainable manufacturing with wind and solar power integration, clean energy support via LNG and hydrogen technologies. |
Our people and values Experienced leadership and technical staff fostering innovation, diversity, and strong corporate governance. |
Key challenges ahead Raw material cost volatility, regulatory approvals, competition, and execution risk in large-scale international projects. |
Interesting facts First Indian firm to design hydrogen transport tanks with ISRO; supplied tanks for South Korea’s largest hydrogen plants. |
Risks and strategy Mitigates market, operational and regulatory risks through geographic diversification, innovation, and strict quality controls. |
