Inox India Limited

BSE: 544046 NSE: INOXINDIA
Inox India Limited - musical instruments in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L99999GJ1976PLC018945 Incorporated 21 December 1976 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - NSE: INOXINDIA · BSE: 544046 Public Limited Company musical instruments Nifty 500
Market Cap
₹17,740 Cr
INOXINDIA · NSE
Share Price
₹1,960.90
+0.55% today
Revenue
₹1,587 Cr
FY 2025-26 · +21.5% YoY
EBITDA
₹334 Cr
Margin 21.1%
Net Profit
₹260 Cr
FY 2025-26 · +17.8% YoY
P/E (TTM)
65.4x
P/B 14.1x
ROE
25.9%
ROCE 33.2%
Debt / Equity
0.06
Interest cover 3.1x

About Inox India Limited

Data last updated:

Inox India Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the musical instrument segment of the musical instruments sector. It was incorporated on 21 December 1976 and has been in existence for over 50 years.

Inox India is part of the Nifty 500 index. Its director Pavan Kumar Jain and family are #147 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L99999GJ1976PLC018945. Its GSTIN is 24AAACI4416P1ZH (Gujarat). The company holds 10 GST registrations, of which 6 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544046 and NSE: INOXINDIA.

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹18.18 Cr. It is led by directors including Ishita Jain and Pavan Jain.

Its last annual general meeting (AGM) was held on 23 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 9th Floor K P Platina Racecourse, Vadodara, Gujarat, India – 390007.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,587.06 Cr, a growth of 21.5% compared to the previous year. For the same year it recorded a net profit of ₹260.14 Cr (net margin 16.4%) and EBITDA of ₹334.35 Cr (EBITDA margin 21.1%). The net worth stands at ₹1,117.61 Cr (up 27.9% YoY). Total assets are valued at ₹1,198.66 Cr (up 30.4% YoY).

The company has about 1,471 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Inoxcva. As per MCA filings, the company has open charges of ₹765 Cr and satisfied charges of ₹1,250.25 Cr on record. Court records list 116 cases involving the company, including 59 filed by the company and 57 filed against it; 23 cases are pending. The company has 13 deals on record (7 secondary share transfers, 3 market trades, 2 funding rounds), with disclosed funding of ₹201.4 Cr; the latest was in February 2025. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 599 overdue payments to 70 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inoxcva.com.

Company details

CIN L99999GJ1976PLC018945
Registration Number 018945
Incorporation Date 21 December 1976
ROC Ahmedabad
Listing Status Listed - Listed on NSE (INOXINDIA); Listed on BSE (544046)
Company Status Active
Compliance Status Active Compliant

CIN history

Inox India has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L99999GJ1976PLC018945, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L99999GJ1976PLC018945Current
U99999GJ1986PTC018945Previous
U99999GJ1976PLC018945Previous
U99999GJ1976PTC018945Previous
Key People
Ishita Jain Director Pavan Jain Director Siddharth Jain Director

Recognitions & Rankings of Inox India

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#455
Valuation
₹10,740 Cr
Stock market indices
Nifty 500

Contact details

Inox India Limited's registered office is in Vadodara, Gujarat. Its website is inoxcva.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    inoxcva.com
  • Social Media
  • Registered Address
    9th Floor K P Platina Racecourse, Vadodara, Gujarat, India – 390007
  • Industry
    Musical Instruments, Musical Instrument, Manufacturing, Sports Goods, Jewellery

To see the full contact details of Inox India Limited, buy the company report.

Comprehensive company report
Inox India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Inox India operates one associated brand: INOXCVA. Each brand links to its own profile.

BrandDescriptionWebsite
INOXCVA
Standard and engineered cryogenic equipment is manufactured by INOXCVA.inoxcva.com

Business activity

The main business activity of Inox India is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Inox India Limited, buy the company report.

Financials of Inox India Limited

FY 2025-26 filings available

Inox India Limited reported revenue of ₹1,587.06 Cr (up 21.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,587 Cr
+21.5% YoY
EBITDA
₹334 Cr
+17.4% YoY
Profit After Tax
₹260 Cr
+17.8% YoY
Net Worth
₹1,118 Cr
+27.9% YoY
Total Assets
₹1,199 Cr
+30.4% YoY
Total Debt
₹81.04 Cr
+87.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,5871,3061,133966783594649
Revenue growth+21.5%+15.2%+17.3%+23.4%+31.8%-8.5%-
EBITDA334285250204168135133
EBITDA margin+21.1%+21.8%+22.1%+21.2%+21.4%+22.7%+20.5%
Profit before tax342299258207174131144
Net profit26022119615312996.1478.72
Net profit margin+16.4%+16.9%+17.3%+15.9%+16.5%+16.2%+12.1%
EPS (₹)28.4124.9021.5917.0514.38105.89107.23
Balance sheet
Total assets1,199919680571562449443
Net worth1,118874649549502372279
Total debt81.0443.2516.148.9954.5467.50145
Cash & bank23.4620.939.2261.678.8220258.34
Net working capital455275154145105264238
Cash flow
Cash from operations11712212217797.04231188
Cash from investing(110)(141)(25.68)(13.03)(71.97)(152)(27.85)
Cash from financing5.3917.15(103)(154)(26.13)(95.71)(168)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue456371461429358340369334
Revenue growth (YoY)+27.4%+9.2%+24.7%+28.5%+16.9%+14.6%--
Other income10.8510.8117.807.6212.9012.6713.6815.89
EBITDA88.8675.8794.6585.0777.9176.1381.1268.93
EBITDA margin+19.5%+20.5%+20.5%+19.9%+21.7%+22.4%+22.0%+20.7%
Depreciation9.879.509.029.407.627.577.146.40
Interest1.051.593.513.002.000.721.172.50
Profit before tax88.7975.5999.9280.2981.1980.5186.4975.92
Tax22.2317.5124.6819.5820.3619.3920.9717.53
Net profit66.5658.0875.2460.7160.8361.1265.5258.39
EPS (₹)7.316.388.276.676.686.717.206.41
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,5571,2961,087950777587640
Revenue growth+20.1%+19.2%+14.5%+22.3%+32.2%-8.2%-
EBITDA327286236205165135132
EBITDA margin+21.0%+22.1%+21.7%+21.6%+21.3%+23.0%+20.6%
Profit before tax337300246208173132116
Net profit25522018615512797.2168.09
Net profit margin+16.4%+17.0%+17.1%+16.3%+16.4%+16.6%+10.6%
EPS (₹)27.8124.8020.5117.2114.14107.0577.83
Balance sheet
Total assets1,214943703604589481471
Net worth1,139901676585534408312
Total debt74.9840.5713.225.9943.3860.37145
Cash & bank20.533.164.7754.788.0420057.62
Net working capital48226914614597.94259234
Cash flow
Cash from operations91.8910612216994.32226164
Cash from investing(87.67)(124)(26.03)(9.87)(69.51)(160)(1.91)
Cash from financing7.3218.52(102)(153)(24.99)(95.16)(167)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue445357455419356327369332
Revenue growth (YoY)+25.2%+9.0%+23.4%+26.2%+17.1%+12.3%--
Other income10.0711.1316.628.7912.3512.4712.6715.80
Total expenses360285361338280252288262
EBITDA85.6571.5494.3381.1775.4075.3081.3769.75
EBITDA margin+19.2%+20.0%+20.7%+19.4%+21.2%+23.0%+22.0%+21.0%
Depreciation8.498.177.938.117.517.196.796.01
Interest0.801.423.262.961.900.631.242.26
Profit before tax86.4373.0899.7678.8978.3479.9586.0177.28
Tax21.8416.7325.4719.7919.7219.5620.8819.97

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue456371461429358340369334
Revenue growth (YoY)+27.4%+9.2%+24.7%+28.5%+16.9%+14.6%--
Other income10.8510.8117.807.6212.9012.6713.6815.89
EBITDA88.8675.8794.6585.0777.9176.1381.1268.93
EBITDA margin+19.5%+20.5%+20.5%+19.9%+21.7%+22.4%+22.0%+20.7%
Depreciation9.879.509.029.407.627.577.146.40
Interest1.051.593.513.002.000.721.172.50
Profit before tax88.7975.5999.9280.2981.1980.5186.4975.92
Tax22.2317.5124.6819.5820.3619.3920.9717.53
Net profit66.5658.0875.2460.7160.8361.1265.5258.39
EPS (₹)7.316.388.276.676.686.717.206.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,5871,3061,133966783594649
Revenue growth+21.5%+15.2%+17.3%+23.4%+31.8%-8.5%-
Other income50.4047.8431.3120.1821.0015.2048.34
Total expenses1,2531,021883762615459516
Employee cost14611010278.6873.4660.4964.78
EBITDA334285250204168135133
EBITDA margin+21.1%+21.8%+22.1%+21.2%+21.4%+22.7%+20.5%
Depreciation33.6225.0618.1413.9212.1011.7811.96
Interest9.238.545.673.682.326.8625.50
Profit before tax342299258207174131144
Tax84.0272.9061.7752.2043.7134.9646.37
Net profit26022119615312996.1478.72
Net profit margin+16.4%+16.9%+17.3%+15.9%+16.5%+16.2%+12.1%
EPS (₹)28.4124.9021.5917.0514.38105.89107.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.1518.1518.1518.1518.159.089.08
Reserves & surplus1,099856631531484362272
Shareholders' funds (net worth)1,118874649549502372279
Minority interest0.000.000.000.000.000.000.00
Secured loans69.5033.104.870.0043.3860.3785.72
Unsecured loans11.5410.1511.278.9911.167.1359.20
Total debt81.0443.2516.148.9954.5467.50145
Total liabilities1,199919680571562449443
Assets
Gross block576478343241197152175
Net block428359255164134102110
Capital work in progress4.254.194.760.221.862.390.41
Investments29726724724931225.0680.16
Inventories478493434413323146161
Sundry debtors31325217414378.11113147
Cash & bank balances23.4620.939.2261.678.8220258.34
Loans & advances44323272.5896.3621.9135.6758.30
Total current assets1,258998690714431496425
Total current liabilities803723535569327232186
Net working capital455275154145105264238
Total assets1,199919680571562449443
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.514.9511.211.192.2519.1437.47
Net cash from operating activities11712212217797.04231188
Net cash from investing activities(110)(141)(25.68)(13.03)(71.97)(152)(27.85)
Net cash from financing activities5.3917.15(103)(154)(26.13)(95.71)(168)
Net change in cash12.51(1.43)(6.26)10.01(1.06)(16.90)(7.73)
Closing cash23.4620.939.2261.678.8220258.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+21.5%+15.2%+17.3%+23.4%+31.8%-8.5%-
EBITDA growth+17.4%+13.8%+22.5%+21.9%+24.6%+1.3%-
PBT growth+14.4%+16.0%+24.6%+18.8%+32.9%-8.8%+6.8%
Net income growth+17.8%+12.6%+28.0%+18.5%+34.4%+22.1%-
Revenue CAGR (3Y)+18.0%+18.6%+24.0%+14.2%+6.4%--
EBITDA CAGR (3Y)+17.8%+19.3%+23.0%+15.5%+5.3%--
Profitability & leverage
Net income margin+16.3%+17.3%+17.3%+16.0%+16.7%+16.2%+15.0%
Return on capital employed+33.2%+38.5%+42.2%+37.2%+34.9%+31.0%+28.8%
Return on net worth+25.9%+29.7%+32.7%+29.4%+29.9%+29.5%+32.2%
Debt / equity0.060.040.020.060.140.330.88
Long-term debt / equity0.010.010.010.020.020.020.13
Interest cover3.073.292.441.931.495.5921.10
Efficiency & per share
Fixed asset turnover3.013.183.884.414.483.624.00
Inventory turnover3.272.822.682.633.343.873.39
Debtors turnover5.626.147.168.748.204.574.40
EPS (₹)28.4124.9021.5917.0514.38105.89107.23
Dividend per share (₹)2.002.0011.0011.501.500.000.00
Book value per share (₹)123.1396.2671.5160.5455.34409.34309.88
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue445357455419356327369332
Revenue growth (YoY)+25.2%+9.0%+23.4%+26.2%+17.1%+12.3%--
Other income10.0711.1316.628.7912.3512.4712.6715.80
Total expenses360285361338280252288262
EBITDA85.6571.5494.3381.1775.4075.3081.3769.75
EBITDA margin+19.2%+20.0%+20.7%+19.4%+21.2%+23.0%+22.0%+21.0%
Depreciation8.498.177.938.117.517.196.796.01
Interest0.801.423.262.961.900.631.242.26
Profit before tax86.4373.0899.7678.8978.3479.9586.0177.28
Tax21.8416.7325.4719.7919.7219.5620.8819.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,5571,2961,087950777587640
Revenue growth+20.1%+19.2%+14.5%+22.3%+32.2%-8.2%-
Other income49.6646.2531.9019.9620.8015.2520.21
Total expenses1,2301,010851745612452508
Employee cost13810596.5474.8571.5259.9561.69
EBITDA327286236205165135132
EBITDA margin+21.0%+22.1%+21.7%+21.6%+21.3%+23.0%+20.6%
Depreciation30.7523.7616.9213.1011.4810.8910.77
Interest8.758.145.373.361.736.8924.95
Profit before tax337300246208173132116
Tax84.5375.2559.4952.1944.3435.2945.79
Net profit25522018615512797.2168.09
Net profit margin+16.4%+17.0%+17.1%+16.3%+16.4%+16.6%+10.6%
EPS (₹)27.8124.8020.5117.2114.14107.0577.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.1518.1518.1518.1518.159.089.08
Reserves & surplus1,121883658567516399303
Shareholders' funds (net worth)1,139901676585534408312
Secured loans69.5033.104.870.0043.3860.3785.72
Unsecured loans5.487.478.355.990.000.0059.20
Total debt74.9840.5713.225.9943.3860.37145
Total liabilities1,214943703604589481471
Assets
Gross block513468342233190147142
Net block37535525116113098.62104
Capital work in progress0.234.194.760.221.862.390.41
Investments34131229129335669.48125
Inventories468471429407318146160
Sundry debtors32525517313077.77112143
Cash & bank balances20.533.164.7754.788.0420057.62
Loans & advances44022672.4095.1518.6136.0156.70
Total current assets1,254955679687423494417
Total current liabilities772687533542325234183
Net working capital48226914614597.94259234
Total assets1,214943703604589481471
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.560.506.790.410.5929.0233.96
Net cash from operating activities91.8910612216994.32226164
Net cash from investing activities(87.67)(124)(26.03)(9.87)(69.51)(160)(1.91)
Net cash from financing activities7.3218.52(102)(153)(24.99)(95.16)(167)
Net change in cash11.541.06(6.29)6.37(0.18)(28.43)(4.94)
Closing cash20.533.164.7754.788.0420057.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+20.1%+19.2%+14.5%+22.3%+32.2%-8.2%-
EBITDA growth+14.3%+21.2%+15.2%+24.1%+22.3%+2.3%-
PBT growth+12.2%+22.3%+17.8%+20.7%+30.4%+13.8%+9998.0%
Net income growth+15.8%+18.1%+20.4%+21.6%+30.7%+42.8%-
Revenue CAGR (3Y)+17.9%+18.6%+22.8%+14.1%+6.7%--
EBITDA CAGR (3Y)+16.8%+20.1%+20.5%+15.8%---
Profitability & leverage
Net income margin+16.2%+17.4%+17.1%+16.5%+16.5%+16.5%+11.0%
Return on capital employed+32.1%+37.5%+38.4%+35.5%+32.6%+29.3%+28.1%
Return on net worth+24.8%+28.6%+29.5%+27.9%+27.3%+27.0%+25.5%
Debt / equity0.060.030.020.040.110.290.78
Long-term debt / equity0.000.010.010.000.000.010.12
Interest cover2.963.102.451.751.135.5520.59
Efficiency & per share
Fixed asset turnover3.183.203.794.504.624.064.87
Inventory turnover3.322.882.602.623.353.853.39
Debtors turnover5.376.067.199.158.204.624.33
EPS (₹)27.8124.8020.5117.2114.14107.0577.83
Dividend per share (₹)2.002.0011.0011.501.500.000.00
Book value per share (₹)125.4699.2674.4764.5058.81449.32343.62

To see the full year-wise statements and ratios of Inox India Limited, buy the company report.

Board of directors of Inox India Limited

Inox India has 8 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ishita Jain
Also directs: GFL Limited
Director12 Aug 20215 Years 3 MonthsCurrent
Pavan Jain
Also directs: Inox Chemicals LLP, Siddho Mal Trading LLP, GFL Limited and 4 more
Director16 Apr 197947 Years 6 MonthsCurrent
Siddharth Jain
Also directs: Inox Chemicals LLP, Siddho Mal Trading LLP, GFL Limited and 4 more
Director17 Mar 200422 Years 7 MonthsCurrent
Amit Mohan Advani
Also directs: Triple A Realty LLP, Axya Greentech Solutions Private Limited, Bluestream Manufacturing Services Private Limited and 1 more
Director16 Jul 20224 Years 3 MonthsCurrent
Girija Balakrishnan
Also directs: GFL Limited, Inox Infrastructure Limited, I G Petrochemicals Limited and 4 more
Director16 Jul 20224 Years 3 MonthsCurrent
Parag Padmakar KulkarniDirector25 Sep 199927 Years 1 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Inox India Limited is audited by S R B C & CO LLP for the financial year 2026.

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2026324982E/E300003

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.90%, foreign institutional investors hold 6.90%, domestic institutional investors hold 7.60% and retail and other public shareholders hold 10.60%.

Promoters: 74.90%DII (Domestic Institutional): 7.60%FII (Foreign Institutional): 6.90%Retail & Others: 10.60%
Sep 2026
QUARTER
74.90% Promoters
7.60% DII (Domestic Institutional)
6.90% FII (Foreign Institutional)
10.60% Retail & Others
Promoter holding - history
Now 74.90% · Sep 2026High 75.00% · Dec 2025Low 74.90% · Sep 2026
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 74.90%75.00%74.90%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.90%75.00%75.00%75.00%
Public25.10%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹765 Cr
Satisfied charges
₹1,250.25 Cr
Breakdown by lending institutions
Others₹290.00 Cr
Standard Chartered Bank₹150.00 Cr
Yes Bank Limited₹150.00 Cr
Hdfc Bank Limited₹150.00 Cr
Idbi Bank Limited₹25.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Oct 2023100799497Others₹85 CrOpen
16 Sep 2023100791420Others₹120 CrOpen
25 Jul 2018100196543Others₹85 CrOpen
06 Aug 201410517829Yes Bank Limited₹150 CrOpen
08 Jul 200810113713Standard Chartered Bank₹150 CrOpen

To see the full charge records of Inox India Limited, buy the company report.

Total charge records: 34 View all charges

Deals & funding

Inox India Limited has 13 deals on record (7 secondary share transfers, 3 market trades, 2 funding rounds), with disclosed funding of ₹201.4 Cr; the latest was in February 2025.

Total deals
13
Secondary share transfers
7
Market trades
3
Funding rounds
2
IPO
1
Disclosed funding
₹201.4 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Feb 2025Market trade₹84.3 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Feb 2025Market trade₹157.18 CrBuyer: Graviton Research Capital LLP , NK Securities Research Private Limited
Seller: Graviton Research Capital LLP , NK Securities Research Private Limited
Dec 2023Market trade₹303.76 CrBuyer: NK Securities Research Private Limited , Musigma Securities, Goldmine Stocks Pvt Ltd
Seller: NK Securities Research Private Limited , Musigma Securities, Goldmine Stocks Pvt Ltd
Dec 2023IPO₹1,459.32 CrInvestors: Goldman Sachs Public Market Fund, Abu Dhabi Investment Authority, Volrado Venture Partners
Seller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Hotz Industries Limited , 3 individuals

To see the full deal history of Inox India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Inox India Limited was last rated by Crisil on 30 Mar 2020.

Rating agencyRated onRating
Crisil30 Mar 2020

To see the full credit ratings and regulatory alerts of Inox India Limited, buy the company report.

MSME payment delays

Inox India Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 599 overdue payments to 70 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 70)

SupplierAmount dueDue sinceReported on
Patel Heaters & Control Private Limited
Nirman Trading
Chetan Abrasives Private Limited
an individual supplier
Hydroflex Pipe Private Limited

To see the full MSME payment records of Inox India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Inox India Limited has a workforce of 1,471 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.

Employee count
1,471
Active EPFO establishments
4
Employee growth
20.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-271,471
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Inox India Limited, buy the company report.

GST

Inox India has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
6
Cancelled / inactive
4
GSTINStateStatusRegistered on
24AAACI4416P1ZHGujaratActive01 Jul 2017
24AAACI4416P2ZGGujaratActive02 Jul 2017
24AAACI4416P3ZFGujaratActive03 Aug 2017
26AAACI4416P1ZDDadra and Nagar Haveli and Daman and DiuActive01 Jul 2017

To see the full GST registrations and return filing status of Inox India Limited, buy the company report.

Recent activity

Inox India Limited has 26 board changes on record since 1979: 11 appointments and 15 cessations. The latest: Jaymeen Mohanbhai Patel was appointed as Company Secretary on 08 Feb 2025.

AGM
Inox India Limited last Annual general meeting of members was held on 23 Jun 2026 as per latest MCA records.
Filing
Inox India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Jaymeen Mohanbhai Patel was appointed as Company Secretary.
Charges
A charge registered on 01 Oct 2022 via Charge ID 100623731 with Others was fully satisfied on 03 Apr 2024.
Charges
A charge registered on 01 Oct 2022 via Charge ID 100623854 with Others was fully satisfied on 03 Apr 2024.
Charges
A charge with Others amounted to Rs. 85.00 Cr with Charge ID 100799497 was registered on 04 Oct 2023.
Charges
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 100791420 was registered on 16 Sep 2023.
Charges
A charge registered on 08 Feb 2019 via Charge ID 100239974 with Others was fully satisfied on 10 Nov 2022.
Charges
A charge with Idbi Bank Limited of Rs. 25.00 Cr registered on 24 Jan 2000 with Charge ID 90103736 was modified on 10 Nov 2022.
Charges
A charge registered on 27 Aug 2021 via Charge ID 100476016 with Others was fully satisfied on 09 Nov 2022.
Charges
A charge with Others amounted to Rs. 1.42 Cr with Charge ID 100623731 was registered on 01 Oct 2022.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100623854 was registered on 01 Oct 2022.

95 earlier events are in the company report.

News

Inox India: Reports Q2 FY27 Earnings Call; Record Order Backlog Hits ₹2,200 Crores, With ₹1,100 Crores From Space Sector; Secures Major Subcooler Order From U.S. Space Firm.
07 Nov 2026 · Exchange Update
INOXINDIA: Q2 REVENUE 4.56B RUPEES VS 3.58B (YOY)
03 Nov 2026 · Exchange Update
INOXINDIA: Q2 CONS NET PROFIT 666M RUPEES VS 608M (YOY)
03 Nov 2026 · Exchange Update
INOXINDIA: Q2 EBITDA 889M RUPEES VS 780M (YOY); Q2 EBITDA MARGIN 19.47% VS 21.76% (YOY)
03 Nov 2026 · Exchange Update

Frequently asked questions

Inox India is an active public limited company based in Vadodara, Gujarat, India. The company works in musical instrument, within the musical instruments industry. It was incorporated on 21 December 1976 (50+ years old) and is registered under CIN L99999GJ1976PLC018945. Listed on BSE: 544046 and NSE: INOXINDIA.

Inox India reported revenue of ₹1,587.06 Cr for FY 2025-26 (up 21.5% YoY) based on consolidated financials.

Inox India has 8 current directors:

The latest financial statements of Inox India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Inox India is 24AAACI4416P1ZH, registered in Gujarat. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAACI4416P2ZG (Gujarat), 24AAACI4416P3ZF (Gujarat), 26AAACI4416P1ZD (Dadra and Nagar Haveli and Daman and Diu).

The CIN (Corporate Identification Number) of Inox India is L99999GJ1976PLC018945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Inox India is a listed company as per MCA records. Its shares are listed on both BSE (code: 544046) and NSE (symbol: INOXINDIA).

Inox India has 116 court cases on record: 59 filed by the company and 57 filed against it. 23 are pending. Most are in the high courts.

Inox India was incorporated on 21 December 1976, making it 50+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Inox India has 13 deals on record (7 secondary share transfers, 3 market trades, 2 funding rounds), with disclosed funding of ₹201.4 Cr; the latest was in February 2025.

Jaymeen Mohanbhai Patel was appointed as Company Secretary on 08 Feb 2025. Amit Mohan Advani ceased to be Additional Director on 01 Aug 2022. Girija Balakrishnan ceased to be Additional Director on 01 Aug 2022. Inox India has 26 board changes on record in total.