Conference Call with Inox India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Products company Inox India announced Q3FY25 results Company’s Revenue for Q3FY25 grew by 18.2% YoY to Rs 349 crore. EBITDA for the third quarter rose 17% YoY to Rs 83 crore. PAT increased by 17.4% YoY to Rs 57 crore. Export Revenues stood at Rs 179 crore, maintaining a strong contribution of 51% to total Revenues. Order Inflows stand at Rs 493 crore for the Quarter, taking total current order book to Rs 1,341 crore. LNG business division received its biggest ever order for Mini LNG Terminal at The Bahamas. First-ever Liquid Air Tank order of largest-ever Industrial Gas tank received by the Company for Long Duration Energy Storage application at UK. Deepak Acharya, Chief Executive Officer, INOX India, said: ““We are encouraged by the strong growth trajectory of our core business, which continues to perform well. At the same time, we have benefitted from the new-age energy domains, particularly in Liquid Air Storage and Mini LNG Terminals, which resulted in a substantial order inflow this quarter. These developments reaffirm our ability to stay ahead of industry trends and cater to evolving customer needs. The uptick in the LNG segment depicts immense growth potential as it gains traction as a sustainable alternative transit fuel, relevant to marine as well as surface transportation. This shift enables us to work closely with our customers to drive efficiency, innovation, and environmental responsibility. Additionally, our growing footprint in export markets highlights our commitment to delivering world-class solutions to international clients while reinforcing our leadership in niche segments. As we move forward, we remain focused on driving long-term growth through operational excellence, innovation, and customer-centric strategies, ensuring sustained value creation for our shareholders.” Result PDF
Industrial Products company Inox India announced Q2FY25 results Total Revenue stands at Rs 320 crore; up by 21% YoY. EBITDA grows 17.7% YoY to Rs. 77.3 crore. PAT increased by 10% YoY to Rs. 50.1 crore. Company reports highest-ever Quarterly Order Inflow at Rs 366 crore, up by 21% YoY. Highest-ever order backlog as on Q2 stands at Rs 1,178 crore. Share of export in Quarterly Revenue stands at a strong 52% mark. Capacity Utilization at the Savli Plant increases. Deepak Acharya, Chief Executive Officer - INOX India, said: “Building on last quarter’s outstanding performance, we are thrilled to report another period of exceptional growth and innovation. Our continued success is driven by a strong influx of orders and our proven execution capabilities, reflecting the strength of our strategies and our commitment to delivering impactful results. The momentum in our growth trajectory remains steady, with each segment making significant contributions to our overall progress. As we expand our product portfolio with innovative, customer-centric solutions, we are strategically positioned to enhance our profits and deliver sustained value for our shareholders and investors. Our unwavering focus on innovation, operational excellence, and market responsiveness empowers us to unlock new opportunities across a broad range of industries. Looking ahead, we are confident in the potential of emerging demand from the clean energy sectors of LNG and Hydrogen, which are poised to be key growth drivers alongside our established Industrial Gas segment. These areas, with their robust demand outlook, are expected to provide balanced contributions to our revenue streams, further solidifying our foundation for consistent, long-term value creation.” Result PDF