This leading global manufacturing stock is in focus after it received approval from global brewery majors Heineken and AB InBev for the supply of Stainless steel kegs. Stock reacting to the news jumped by 4.15 percent
With a market capitalisation of Rs. 11,110 Crore, the stock of Inox India opened at Rs. 1,181.90, around the same level as yesterday’s close, but after opening, it made a high of Rs. 1,231, up 4.15 percent.
Approval Update
Inox India has received approval from major global breweries, Heineken and AB InBev, for its kegs produced at its Savli Plant in Gujarat. This recognition, less than two years after entering the keg segment in September 2023, affirms INOXCVA’s manufacturing excellence, quality standards, and compliance capabilities
The approval has further paved the way for commercial engagements with these global beverage leaders. Further, the company aims to emerge as a preferred supplier based on its competitive pricing & proximity to key markets, duly complemented by a strong intent towards building long-term relationships.
Established in 1976 and headquartered in Vadodara, Gujarat, Inox India Ltd, also known as INOXCVA, is a leading global manufacturer specialising in cryogenic equipment and solutions. The company offers comprehensive services encompassing the design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions.
Their product portfolio includes standard cryogenic tanks, beverage kegs, bespoke technology solutions, and large turnkey projects utilized across various industries such as industrial gases, liquefied natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals, and construction.
The company reported a 33.21 percent YoY increase in revenue from Rs. 277 Crore in Q4FY24 to Rs. 369 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 10.47 percent in revenue from Rs. 334 Crore in the previous quarter.
Their Net profit saw an increase of 50 percent YoY from Rs. 44 Crore to Rs. 66 Crore for the same period. On a QoQ basis, the company reported an increase of 13.79 percent in Net profit from Rs. 58 Crore in the previous quarter.
Written By Abhishek Das
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