I

INOX India Limited

INOXINDIANSE
Market snapshot · 2026-08-11 16:28 UTC

1,938.00

₹-46.10 (-2.32%)

MARKET CAP

₹17.59K Cr

STOCK P/E

69.3x

52W HIGH

₹2,119.80

52W LOW

₹1,065.00

BOOK VALUE

₹123.13

EPS

₹27.98

ROE

SECTOR

Industrials

DEBT/EQUITY

7.25

VOLUME

2.79L

P/B RATIO

15.74x

PEG RATIO

-14.13

Sector

Industrials

Themes

Industrial MachineryGoldman Sachs Portfolio
D
Dividend
E
Earnings
₹2,004.00₹1,772.33₹1,540.65₹1,308.98₹1,077.30VolumeEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for INOXINDIA.

3.00 analysts

Price Forecast

Current
₹1,938
High Target
₹2,250
▲ +16.1%
Median Target
₹2,200
▲ +13.5%
Low Target
₹2,010
▲ +3.7%
Now₹1,938High ₹2,250Median ₹2,200Low ₹2,010Aug '25Now12M Target
Price history (1Y)
Analyst target range
3 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,600 - ₹2,58980%
6M₹1,520 - ₹3,00380%
12M₹1,455 - ₹3,81180%
Realized vol: +37.6% · Drift: +26.5%

Revenue Forecast

₹ Cr
Jun '26Current₹357.0
Sep 2026 ETrend estimate range
High₹459.7Base₹425.6Low₹391.6
Sep '25: ₹356.0 · Dec '25: ₹419.0 · Mar '26: ₹455.0 · Jun '26: ₹357.0 · Sep '26: ₹425.6 · Dec '26: ₹501.0
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E356.0419.0455.0357.0425.6501.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹6.21
Sep 2026 ETrend estimate range
High₹7.49Base₹6.69Low₹5.88
Sep '25: ₹6.46 · Dec '25: ₹6.51 · Mar '26: ₹8.18 · Jun '26: ₹6.21 · Sep '26: ₹6.69 · Dec '26: ₹6.74
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E6.466.518.186.216.696.74
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
59%
Analyst Consensus
Positive

From 3 analysts

Mean upside+11.1%

Fundamentals

Moderate

Fundamentals institutional score is 48 using growth durability 48.0.

Valuation

Premium valuation

Valuation institutional score is 24 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 78 using mean target upside 11.1%; dispersion penalty 4.5; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 92 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 5 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price2,153.3 target
Mean Upside+11.1%
Technical Score93%
Fundamental Score48%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 65.1% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.98). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹45.87. Applying the stock's normalized valuation corridor produces a fair range of ₹1,830.67 to ₹2,067.36, with base value near ₹1,924.25 (-0.7% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹45.87

Forward P/E

42.3x

Base Fair Value

₹1,924.25

Fair Range

₹1,830.67 - ₹2,067.36

Upside To Base

-0.7%

Estimate Source

Live forward EPS

Growth Estimate

-4.9%

P/E
Strongly Overvalued

5Y Average

44.29

Current

69.26

Overvalued

45.07

Undervalued

39.91

EV/EBITDA
Strongly Overvalued

5Y Average

34.46

Current

53.88

Overvalued

35.17

Undervalued

31.38

P/B
Strongly Overvalued

5Y Average

12.62

Current

15.74

Overvalued

12.37

Undervalued

11.82

Peers & Comparison

Sector: Industrials · Theme: Industrial Machinery

Industrial Machinery Peers8 peers
Avg P/E: 59.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
INGERSOLL-RAND INDIA LTD
INGERRANDIndustrial Machinery
-3.7%18.4%
53.1x
Fair
-11% vs avg
+18.6%
LMW LIMITED
LMWIndustrial Machinery
+24.0%5.2%
106.3x
Premium
+79% vs avg
+12.8%
KIRLOSKAR BROTHERS LTD
KIRLOSBROSIndustrial Machinery
+12.9%8.0%
41.6x
Undervalued
-30% vs avg
+3.4%
KSB LIMITED
KSBIndustrial Machinery
+3.6%9.0%
57.7x
Fair
-3% vs avg
+1.7%
THERMAX LTD
THERMAXIndustrial Machinery
+7.1%5.5%
76.4x
Premium
+29% vs avg
+22.9%
CYIENT DLM LIMITED
CYIENTDLMIndustrial Machinery
+34.3%6.1%
68.4x
Premium
+15% vs avg
+60.9%
KIRLOSKAR PNEUMATIC COM L
KIRLPNUIndustrial Machinery
+7.6%14.5%
36.9x
Undervalued
-38% vs avg
+13.3%
AIA ENGINEERING LIMITED
AIAENGIndustrial Machinery
+9.4%28.7%
35.1x
Undervalued
-41% vs avg
+54.5%
WHY THESE PEERS

INOX INDIA LIMITED trades at a premium (69.3x vs peer avg 59.4x), implying higher growth or quality expectations from the Industrial Machinery cohort. Peers include INGERSOLL-RAND INDIA LTD, LMW LIMITED, KIRLOSKAR BROTHERS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹357 CrJun 2026

Latest net profit

₹56 CrJun 2026

Latest EPS

₹6.21Jun 2026

Net margin

20.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%6.0%12.0%18.0%24.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr90 Cr180 Cr270 Cr360 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-700 Cr0.00 Cr700 Cr1.40K Cr2.10K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +294248275270292304332369327356419455357
Expenses +226193215218222239262288252280329361285
Operating Profit68566152706470817575909472
OPM %23%22%22%19%24%21%21%22%23%21%21%21%20%
Other Income +875126131613121201711
Interest1112232112331
Depreciation3455566778888
Profit before tax725859566869778680787910073
Tax %25%25%24%24%22%28%26%24%24%25%25%26%23%
Net Profit +55444543534957656059597456
EPS in Rs6.014.824.954.735.865.456.317.186.656.466.518.186.21
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +75.00%75.00%75.00%75.00%74.86%
FIIs +6.94%7.12%7.14%7.13%6.86%
DIIs +6.68%6.70%7.27%7.72%7.67%
Public +11.38%11.16%10.57%10.14%10.61%
Others0.02%0.02%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 03, 2026PDFCompany Reports Open