Industrial Products company Inox India announced FY24 results:
Financial Highlights:
- Recorded total income of Rs 1,162 crore
- Recorded highest ever EBIDTA of Rs 282 crore
- EBIDTA and PAT margins at 24% and 17% respectively
- INOX recorded highest ever export revenue of Rs 641 crore, up by 44% YoY
- Brazil subsidiary recorded highest revenue of Rs 46 crore
- Highest ever sales from Kandla SEZ plant of Rs 335 crore
- Comfortable net cash position at Rs 253 crore even after capex of Rs 100 crore
Operational Highlights:
- Recorded highest ever order booking of Rs 1,193 crore , up by 14% YoY, in Q4Y24, Order Inflow was at Rs 309 crore up by 84% YoY.
- As on FY24, Recorded highest ever Order Backlog of Rs 1,087 crore
- 55% orders from Industrial Gas,
- 20% orders from LNG
- 25% orders from Cryo Scientific Division
- As on FY24, export order comprised of 52% of the Order Backlog