This article provides a detailed analysis of INOX India Ltd Share Price Target from 2025 to 2030. It covers current share performance, historical price trends, financial growth, and long-term potential. In this article, we also discuss key investors, shareholding pattern, market position, and expert forecasts.
Overview of INOX India Ltd
What is INOX India Limited?
INOX India Limited is a leading Indian company, incorporated in 1976, specializing in the design, engineering, manufacturing, and installation of cryogenic equipment and systems. Headquartered in India, the company is renowned for delivering comprehensive solutions for applications that operate under extremely low temperatures (cryogenic conditions). It caters to various industries including industrial gases, LNG, aerospace, and medical sectors.
Key Features of INOX India Limited
- Core Business: Focused on providing end-to-end solutions for cryogenic systems, particularly tanks and associated equipment used in storage and transportation of industrial gases and liquefied natural gas (LNG).
- Engineering Expertise: Offers integrated services from concept to commissioning, including design, fabrication, and installation tailored to client specifications and industry standards.
- Industrial Applications: Serves a diverse set of industries such as oil & gas, chemicals, space research, metallurgy, and healthcare.
- Workforce: Employs approximately 642 professionals as of 2025, supporting operations in manufacturing, R&D, and technical services.
- Domestic & Global Presence: While based in India, the company also caters to international markets through exports and strategic partnerships.
- Manufacturing Excellence: Operates state-of-the-art manufacturing facilities equipped for precision engineering and quality assurance in compliance with global standards.
- Innovation Focus: Actively invests in R&D to develop high-efficiency, durable cryogenic solutions that align with emerging technological needs and sustainability goals.
Information about INOX India Limited
| Information | Details |
|---|---|
| Website | inoxcva.com |
| Headquarters | India |
| Founded | 1976 |
| Founder | Pavan Kumar Jain |
| CEO | Deepak Acharya |
| Stock Exchange Listings | BSE: 544046, NSE: INOXINDIA |
| Share Price (as of Jul 18, 2025) | ₹1,235 (-1.65%) |
| Key Business | Design, engineering, manufacturing, and installation of cryogenic systems |
| Core Products | Cryogenic tanks and equipment |
| Key Markets | Industrial gases, LNG, aerospace, medical, and chemical sectors |
| Employees | 642 (as of 2025) |
| Global Operations | Supplies to domestic and international markets |
| Manufacturing Capabilities | Advanced facilities for high-precision cryogenic engineering |
Overview of INOX India Ltd Share Price Today
INOX India Ltd. Share Price Fundamental Data
| Fundamental Metric | Value |
|---|---|
| Market Cap | ₹11,211 Cr. |
| Current Price | ₹1,235 |
| 52-Week High / Low | ₹1,332 / ₹884 |
| Stock P/E | 50.8 |
| Book Value | ₹96.3 |
| Dividend Yield | 0.16% |
| ROCE | 38.0% |
| ROE | 29.0% |
| Face Value | ₹2.00 |
Market Position of INOX India Share as of July 2025
As of July 2025, INOX India has shown a mix of short-term volatility and medium-term growth. The share declined by -1.65% in a single day but gained 0.22% over the week and 5.25% in a month. Over the last 3 months, the stock delivered a strong return of +21.47%.
| Time Period | Returns |
|---|---|
| 1 Day | -1.65% |
| 1 Week | +0.22% |
| 1 Month | +5.25% |
| 3 Months | +21.47% |
| 1 Year | -5.49% |
| 3 Years | N.A. |
| 5 Years | N.A. |
INOX India Ltd Share Price Target (2025–2030)
INOX India Ltd Share Price Target for 2025
In 2025, INOX India’s share price is projected to trade between ₹1,280 – ₹1,400, driven by recent short-term momentum, strong quarterly returns (+21.47% in 3 months), and growing demand for cryogenic equipment in industrial and energy sectors.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 1,280 | 1,400 |
INOX India Ltd Share Price Target for 2026
By 2026, the share may move between ₹1,400 – ₹1,580, supported by further expansion into international markets, increased capital expenditure, and integration of new cryogenic technologies.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 1,400 | 1,580 |
INOX India Ltd Share Price Target for 2027
In 2027, INOX India is expected to trade between ₹1,550 – ₹1,750, backed by strong demand from LNG and aerospace sectors, improved profitability, and high return ratios (ROCE: 38%, ROE: 29%).
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2027 | 1,550 | 1,750 |
INOX India Ltd Share Price Target for 2028
For 2028, the share may rise to ₹1,720 – ₹2,000, reflecting benefits from long-term contracts, global supply partnerships, and technology innovation in cryogenic systems.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2028 | 1,720 | 2,000 |
INOX India Ltd Share Price Target for 2029
By 2029, the stock could reach ₹1,900 – ₹2,250, supported by scale efficiencies, product diversification, and strong presence across oil & gas, medical, and industrial gas segments.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2029 | 1,900 | 2,250 |
INOX India Ltd Share Price Target for 2030
In 2030, INOX India’s share is forecasted to range between ₹2,100 – ₹2,500, with the company positioned as a global leader in cryogenic technology and engineering solutions, backed by sustained innovation and robust financials.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2030 | 2,100 | 2,500 |
INOX India Ltd Share Price Target for Tomorrow
INOX India Ltd Share Price History (2023–2025)
| Year | Closing Price (₹) | YoY Change (%) |
|---|---|---|
| 2025 | ₹1,235.20 | +11.5% |
| 2024 | ₹1,106.85 | +25.4% |
| 2023 | ₹882.60 | — |
INOX India Ltd Financial Performance (FY 2023 – FY 2025)
| Annual | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Revenue (₹ Cr.) | 1,346.66 | 1,162.49 | 984.20 |
| Revenue Growth (%) | 15.84 | 18.11 | 22.46 |
| Total Expenses (₹ Cr.) | 1,054.91 | 904.71 | 779.15 |
| Expense Growth (%) | 16.60 | 16.11 | 23.77 |
| PAT (₹ Cr.) | 226.03 | 196.00 | 152.71 |
| PAT Growth (%) | 15.32 | 28.35 | 17.02 |
| Operating Margin (%) | 22.99 | 23.28 | 21.61 |
| Net Profit Margin (%) | 17.30 | 17.32 | 15.81 |
| Basic EPS (₹) | 24.90 | 21.59 | 16.83 |
How to Buy INOX India Ltd Shares
- Choose a Broker
Select a trusted stockbroker that lists INOX India Ltd (NSE: INOXINDIA, BSE: 544046). Popular platforms include:- Zerodha
- Groww
- Upstox
- Angel One
- ICICI Direct
- Open a Trading & Demat Account
Sign up for a trading and Demat account through your chosen brokerage. Recommended apps:- Zerodha’s Kite
- Groww
- Upstox Pro
- Complete KYC Verification
Upload the required documents for identity and address verification, such as:- PAN card
- Aadhaar card / Passport
- Bank account proof
- Add Funds to Your Account
Deposit money into your trading account using:- UPI
- Net Banking
- Debit Card
- IMPS / NEFT
- Search for INOX India Ltd Shares
Use the stock codes to find the company:- NSE: INOXINDIA
- BSE: 544046
- Place Your Order
Choose your preferred type of order:- Market Order: Buys instantly at the current market price
- Limit Order: Executes only when your target price is reached
- Confirm & Execute
Review all order details including quantity and price, then confirm the transaction to complete the purchase. - Monitor Your Investment
Track INOX India Ltd’s share performance through your broker’s app or financial platforms like:- Moneycontrol
- NSE India
- TradingView
Shareholding Pattern of INOX India Ltd as on June 2025 (with Number of Shares)
Promoters:
- Number of Shares: 6,80,72,625
- Percentage: 75.00%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- Number of Shares: 63,01,452
- Percentage: 6.93%
- % Change QoQ: +0.08%
DII (Domestic Institutional Investors):
- Number of Shares: 60,61,619
- Percentage: 6.68%
- % Change QoQ: +0.42%
Mutual Funds (within DII):
- Number of Shares: 48,34,867
- Percentage: 5.33%
- % Change QoQ: +0.41%
Public (Retail & Others):
- Number of Shares: 1,03,27,804
- Percentage: 11.38%
- % Change QoQ: -0.51%
Pledged Shares:
- Number of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
Peer Competitors of INOX India Ltd in the Industrial Products Sector
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| PTC Industries | 14,498.00 | 21,723.99 |
| HBL Engineering | 602.35 | 16,696.84 |
| INOX India | 1,235.20 | 11,211.11 |
| Esab India | 5,565.00 | 8,566.22 |
| Subros | 883.90 | 5,766.19 |
| KRN Heat Exchangers | 850.10 | 5,283.93 |
| Kirloskar Industries | 4,436.80 | 4,621.58 |
Challenges and Risks of Investing in Inox India Ltd
Operational and Industry Risks:
- Significant dependency on the cryogenic storage and industrial gas sector, which is cyclical in nature.
- Exposure to energy transition dynamics—any slowdown in LNG or green hydrogen adoption can impact order flow.
- Delay or cancellation of large infrastructure or EPC projects may affect topline visibility.
- Global competition in cryogenic tank manufacturing from China, Europe, and the US may impact pricing power.
- Demand volatility from oil & gas and industrial sectors can lead to inconsistent revenue recognition.
Financial and Execution Risks:
- High valuation (P/E over 50) may limit upside and increase vulnerability to market corrections.
- Export dependency exposes earnings to forex fluctuations and global trade policies.
- Working capital intensiveness due to long manufacturing cycles and project-based revenues.
- Execution delays in large contracts or customization orders can pressure margins.
- Any quality or safety failure in cryogenic equipment could result in regulatory backlash or loss of reputation.
Inox India Share Price: Key Growth Drivers
Business Strength & Market Positioning:
- Market leader in cryogenic storage and transportation solutions with global clientele.
- Strong order book driven by demand in LNG infrastructure, medical oxygen, and green hydrogen.
- Strategic play on energy transition—benefits from India’s and global push towards clean fuels.
- Technology-driven solutions with in-house design capabilities offer product differentiation.
- Increasing participation in space and defense sectors through cryogenic systems.
Financial & Expansion Potential:
- FY24 Revenue estimated around ₹1,000+ Cr, with robust EBITDA margins over 20%.
- ROCE of 38% and ROE of 29% highlight capital-efficient operations and strong returns.
- Debt-free balance sheet provides flexibility for future expansion or R&D.
- IPO success and investor confidence reflect strong institutional interest in clean-tech manufacturing.
- Beneficiary of “Make in India” and PLI schemes in advanced manufacturing sectors.
Inox India Ltd – FAQs (People Also Ask)
Is Inox India a good stock to buy?
Inox India is considered a promising mid-cap industrial manufacturing stock with strong fundamentals, high return ratios, and a leadership position in cryogenic equipment. It benefits from growing demand in LNG, green hydrogen, and medical gases, making it attractive for long-term investors.
What is the price of Inox India Limited?
As of July 2025, the share price of Inox India Ltd is approximately ₹1,235.20. This is subject to daily market fluctuations on NSE and BSE.
What is the price target of Inox India in 2025?
The price target for Inox India in 2025 is estimated between ₹1,200 and ₹1,350, depending on order inflows, earnings performance, and sectoral momentum in clean energy and infrastructure.
What is the long-term target of Inox Wind share?
Inox Wind is a separate listed entity in the wind energy sector. Its long-term price target varies based on turbine order book, execution capacity, and renewable energy policies. Refer to current brokerage reports for updated targets.
Can we buy Inox IPO?
Yes, Inox India had its IPO in late 2023. It is now listed and available for purchase via stockbroking platforms like Zerodha, Upstox, Groww, or ICICI Direct in the secondary market.
Is PVR buying Inox?
PVR Ltd merged with INOX Leisure Ltd to form PVR INOX Ltd, combining their multiplex operations. This is unrelated to Inox India Ltd, which operates in the cryogenic and industrial equipment space.
Who is the owner of Inox India?
Inox India Ltd is part of the INOX Group, promoted by the Jain family. The company is professionally managed and led by industry veterans.
Should we buy Inox in India?
Inox India is well-placed to benefit from India’s energy infrastructure growth, LNG usage, and green fuel adoption. Many analysts view it as a strong long-term industrial play with consistent financials and minimal debt.
Why is the Inox share falling?
Inox India shares may experience short-term declines due to:
- Profit booking post-IPO rally
- Sector-wide corrections
- Temporary margin pressures or order delays
- Market sentiment fluctuations
Which is better: Suzlon or Inox?
Suzlon operates in wind energy; Inox India in cryogenic and industrial gas equipment. Suzlon is turnaround-focused, while Inox India is financially stronger with high margins and return ratios. Inox is often considered a safer, quality bet among the two.
Is Inox a good company?
Yes, Inox India is regarded as a financially sound, debt-free company with strong growth potential, superior return metrics (ROCE 30%+), and a strategic position in clean energy equipment manufacturing.