Highlights for Q2 FY27

  • The Company’s revenue for Q2 FY27 grew 26.6% on a YoY basis to ₹ 467 Cr
  • EBITDA for Q2 FY27 rose by 10.8% on a YoY basis to ₹ 100 Cr. The EBITDA Margin stood at 21.3%
  • PAT for Q2 FY27 increased by 7.8% on a YoY basis to ₹ 66 Cr with PAT Margin of 14.2%
  • Export Revenue stood at ₹ 279 Cr in Q2 FY27, contributing 60% to total revenues
  • The Company’s order backlog crossed ₹2,268 crore, the highest in the Company’s history

Highlights for H1 FY27

  • The Company’s Revenue for H1 FY27 grew 17.7% YoY to ₹ 849 Cr
  • In H1 FY27, the EBITDA stood at ₹ 189 Cr, marking growth of 6.2%. in H1 FY27 the EBITDA Margin was 22.3%
  • PAT for H1 FY27 increased by 3.6% YoY to ₹ 127 Cr with PAT Margin of 14.9%
  • Export Revenue stood at ₹ 501 Cr in H1 FY27, contributing 59% to total revenues

Vadodara/Mumbai: INOX India Ltd (INOXCVA) has released its unaudited financial results for the second quarter ended September 30, 2026, as approved by the Board of Directors.

The Company reported 7.8% YoY growth in Profit After Tax (PAT) to ₹ 66 Cr for Q2 FY27. Quarterly revenue stood at ₹ 467 Cr, rising 26.6 % YoY. EBITDA for the Quarter was at ₹ 100 Cr, up by 10.8%.

For the September 2026 quarter, exports accounted for 60%, reflecting continued international demand.

The company secured order inflows totaling ₹ 1028 Cr, taking total order book to ₹ 2268 Cr signifying positive market confidence and the potential of industrial and clean energy sectors. Export orders now ₹1628 Cr, providing strong revenue visibility for the coming quarters.

Commenting on the results, Deepak Acharya, Chief Executive Officer, INOX India Limited, said: “INOX India continues to strengthen its market position, delivering consistent business momentum and a robust order pipeline across its key verticals. Q2 FY27 saw our order backlog cross ₹2,200 crore—the highest in the Company’s history—with the space sector contributing approximately ₹1,100 crore.

We are also expanding our presence in high-potential sectors. Our established Industrial Gas Solutions, LNG and Cryo-Scientific businesses continue to secure strategic orders, while our entry into semiconductor infrastructure marks an important new growth opportunity. Having commenced the initial piping scope at a leading semiconductor facility in Dholera, we are positioning ourselves to participate in the expanding semiconductor ecosystem. Our Beverage Keg business is gaining traction globally, with approvals from four of the five key international beverage companies targeted.

Our performance reflects the strength of our engineering capabilities, customer relationships and diversified business models. With each passing quarter, we are building greater scale, strengthening our market leadership and expanding our addressable opportunities. Our focus remains on disciplined execution, operational excellence and translating this growing order momentum into sustainable long-term growth.”

Consolidated Q2 FY27 Financial Highlights (₹ crore)

ParticularsQ2 FY27Q2 FY26% Y-o-YH1 FY27H1 FY26% Y-o-Y
Total Revenue46736926.60%84972117.70%
EBITDA1009010.80%1891786.20%
PAT66627.80%1271223.60%