INOX India Secures ₹190 Crore Orders, Expands Global Presence

INOX India Limited (INOXCVA) informed the stock exchanges about securing orders worth ₹190 crore during January and February 2025. 

Order Details

Among these, a large order was received from a European university for the supply of transfer lines. 

Additionally, a minor order was secured for supplying IMO containers for oxygen, nitrogen, and CO₂ to an Australian client. Other minor orders include the supply of horizontal and vertical LNG and industrial gas storage tanks, vaporisers, and specialised cryogenic equipment.

Orders are classified into 5 categories based on their value. Minor orders range from ₹10 to ₹30 crore, while Large orders fall between ₹30 and ₹60 crore. Significant orders are valued between ₹60 and ₹100 crore, whereas Major orders range from ₹100 to ₹150 crore. Mega orders are those exceeding ₹150 crore.

Commenting on this development, the Chief Executive Officer of INOX India Limited, Deepak Acharya, said, “These orders reaffirm our customers’ trust in INOX India’s cutting-edge cryogenic solutions. As the demand for clean energy and industrial gas infrastructure continues to rise, we remain committed to delivering innovative, high-quality, and reliable cryogenic equipment worldwide. We are also happy to strengthen our global footprint in this period.”

Conclusion 

These orders, spanning across Europe, the USA, and India, highlight INOX India’s growing international footprint. The company stated that its order book for FY25 now stands at ₹1,359 crore, reflecting a strong pipeline of projects. With its expanding global reach and expertise in cryogenic technology, INOX India is well-positioned to contribute significantly to the growth of the cryogenic industry worldwide.

On March 6, 2025, INOX India share price opened at ₹986.00 and closed at ₹1,003.00, up by 1.98%. The stock price touched its day’s high at ₹1,042.00. 

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