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Inox India IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 1459.32 Cr. The company is based in Vadodara and caters to Engineering - Heavy Machinery sector. Axis Capital , ICICI Securities are the merchant bankers of Inox India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th August 2023.
Inox India IPO posted revenues of ₹ 1160.00 crores and PAT of ₹ 206.68 crores in FY24 on annualised basis.
Revenue:
₹ 1,129.22 Cr.
EBITDA Margin:
25.81
% 
Net Worth: ₹ 554.23 Cr.
Market Capitalisation:
₹ 5990.39 Cr.
P/E:
14.31 times
P/BV: 2.98 times
EV/EBITDA: 20.60 times
Financial results of Inox India IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 893.53 | 962.98 | 742.84 | 521.01 | |
| Net Worth | 554.23 | 549.47 | 502.28 | 371.51 | |
| Total Debt | 31.02 | [●] | 43.37 | 60.36 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
564.61
1,129.22 |
965.90 | 782.71 | 593.79 | |
EBITDA
EBITDA on annualised basis |
145.74
291.48 |
222.65 | 188.63 | 149.69 | |
PAT
PAT on annualised basis |
103.33
206.66 |
152.71 | 130.49 | 96.10 | |
Inox India IPO PAT Margin is 18.30 % , ROCE (Return on Capital Employed) is 23.75 % as per latest financial. The below table shows Inox India IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 25.81 | 23.05 | 24.10 | 25.21 |
| PAT Margin (%) | 18.30 | 15.81 | 16.67 | 16.18 |
| EPS (₹) | 11.39 | 16.83 | 14.38 | 10.59 |
| ROE (%) | 18.64 | 27.79 | 25.98 | 25.87 |
| ROCE (%) | 23.75 | 36.53 | 33.70 | 35.15 |
| ROA (%) | 11.56 | 15.86 | 17.57 | 18.44 |
| Debt to Equity | 0.06 | [●] | 0.09 | 0.16 |
The market Capitalisation of Inox India IPO is ₹ 5990.39 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Inox India IPO prospectus highlights an Return on Equity (ROE) of 18.64 % , Return on Assets (ROA) of 11.56 %, and an EBITDA Margin of 25.81 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Inox India IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Inox India IPO is ₹ 5990.39 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Inox India IPO has a Price-to-Earnings (PE) ratio of 14.31 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Inox India IPO reported revenue of ₹ 1160.00 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Inox India IPO provide insights into sales growth, market demand, and business scalability.
Inox India recorded an EBITDA of ₹ 291.48 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Inox India Profit After Tax (PAT) is ₹ 206.66 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 1,129.22 Cr.
EBITDA Margin:
25.81
%
Net Worth: ₹ 554.23 Cr.
Market Capitalisation:
₹ 5990.39 Cr.
P/E:
14.31 times
P/BV: 2.98 times
EV/EBITDA: 20.60 times
Inox India operates in Engineering - Heavy Machinery and Cryogenic Equipments. The Issue is listed on BSE,NSE in Dec, 2023. Inox India IPO size was 1459.32 with Issue price of 660.00 .
Merchant Banker(s) of Inox India IPO: Axis Capital Limited , ICICI Securities Limited
Inox India IPO subscription was 61.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Inox India IPO listed at a listing price of 939.90 against the offer price of 660.00.
The current market price of Inox India is 1198.60.
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