INOX India Limited has informed the Exchange regarding a press release dated May 21, 2026, titled "INOX India Ltd secures multiple orders worth ₹322 Cr.".
INOXINDIA · price
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On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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INOX India Limited announced receiving orders worth ₹322 Crore since April 2026, spanning Industrial Gas, LNG, and Cryo-scientific solutions segments. The order split includes ₹242 Cr in Industrial Gas, ₹39 Cr in LNG, and ₹38 Cr in Cryo-scientific segments. A notable 'Mega' order (above ₹150 Cr) was secured from a global private space exploration company for large-scale cryogenic storage tanks of 1,500 m³ capacity. The company also received a 'Large' order from CERN for cryogenic modules, along with multiple smaller orders for IMO tanks, liquid cylinders, LNG Semi Trailers, and Dispensers. CEO Deepak Acharya called these Q1 orders an 'excellent beginning to FY27' with clear forward growth visibility.
This order inflow worth ₹322 Crore represents strong demand visibility for INOX India's cryogenic solutions across industrial and scientific applications. The mega order from a private space exploration company and CERN order highlight the company's technical capabilities in high-value cryogenic storage, which could positively impact near-term revenue recognition and investor sentiment.