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LNG to drive INOX India’s growth in FY26
Liquefied natural gas (LNG) is set to be the key growth driver for INOX India in FY26, backed by rising global adoption and a strong order book. Speaking to CNBC-TV18, Siddharth Jain, Promoter and Non-Executive Director of INOX India, said, “We are seeing greater adoption of that fuel not only in India but across the world, across different segments. We’re very excited about the next couple of years in this vertical.”
The company reported a strong Q4FY25, which saw its highest-ever revenue and EBITDA. Revenue rose 33.6% year-on-year, while EBITDA surged 53.4%. For the full year, the company reported moderate growth of 15-20% in topline, EBITDA and PAT.
Jain said all three of INOX India’s business verticals — industrial gas LNG, cryo-scientific, and beverage containers — are showing strong growth momentum. The company is also seeing the benefits of a strategy shift made during its IPO, where it chose to focus more on export-oriented orders. “Our strategy, which we laid out over two years ago during the IPO — focusing more on export jobs — has also played out,” he said
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