Price
Financials
Standalone, Rs crore| Mar 2010 | Mar 2011 10m | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 603 | 702 | 747 | 797 | 876 | 984 | 1,089 | 1,276 | 1,348 | 1,393 | 1,556 | 1,755 |
| Expenses | 357 | 407 | 474 | 508 | 569 | 667 | 695 | 735 | 810 | 818 | 921 | 919 |
| Operating Profit | 246 | 295 | 273 | 289 | 307 | 316 | 394 | 541 | 537 | 575 | 635 | 835 |
| OPM % | 41% | 42% | 37% | 36% | 35% | 32% | 36% | 42% | 40% | 41% | 41% | 48% |
| Other Income | 16 | 11 | 60 | 15 | 35 | 176 | 156 | 42 | 65 | 95 | 90 | 77 |
| Interest | 32 | 24 | 16 | 14 | 45 | 112 | 95 | 73 | 67 | 63 | 64 | 71 |
| Depreciation | 62 | 71 | 70 | 80 | 92 | 90 | 105 | 133 | 144 | 149 | 174 | 203 |
| Profit before tax | 167 | 211 | 247 | 210 | 206 | 290 | 350 | 376 | 391 | 457 | 488 | 638 |
| Tax % | 32% | 30% | 31% | 37% | 34% | 35% | 35% | 33% | 33% | 32% | 5% | 25% |
| Net Profit | 114 | 148 | 170 | 133 | 137 | 188 | 229 | 250 | 261 | 311 | 463 | 481 |
| EPS in Rs | ||||||||||||
| Dividend Payout % | 5% | 3% | 3% | 4% | 4% | 3% | 2% | 2% | 2% | 2% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 10% | 10% | 9% | 13% | ||
| Compounded Profit Growth | 12% | 15% | 22% | 11% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | 14% | 14% | 14% | 15% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 600 | 742 | 917 | 1,063 | 1,202 | 1,387 | 1,619 | 1,846 | 2,102 | 2,407 | 2,861 | 3,334 |
| Borrowings | 402 | 299 | 300 | 294 | 965 | 985 | 720 | 638 | 685 | 599 | 1,115 | 753 |
| Other Liabilities | 241 | 262 | 285 | 353 | 396 | 411 | 411 | 473 | 537 | 645 | 578 | 594 |
| Total Liabilities | 1,253 | 1,314 | 1,512 | 1,720 | 2,573 | 2,794 | 2,760 | 2,967 | 3,335 | 3,662 | 4,564 | 4,692 |
| Fixed Assets | 922 | 972 | 1,010 | 1,271 | 1,371 | 1,311 | 2,092 | 1,989 | 1,949 | 2,091 | 2,894 | 2,867 |
| CWIP | 87 | 16 | 104 | 107 | 19 | 34 | 39 | 94 | 247 | 352 | 114 | 21 |
| Investments | 16 | 16 | 16 | 27 | 28 | 28 | 48 | 222 | 623 | 762 | 1,000 | 922 |
| Other Assets | 228 | 310 | 382 | 315 | 1,155 | 1,421 | 581 | 662 | 516 | 456 | 556 | 882 |
| Total Assets | 1,253 | 1,314 | 1,512 | 1,720 | 2,573 | 2,794 | 2,760 | 2,967 | 3,335 | 3,662 | 4,564 | 4,692 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 247 | 253 | 247 | 202 | 257 | 253 | 263 | 460 | 460 | 449 | 428 | |
| Cash from Investing Activity | -114 | -72 | -219 | -248 | -848 | 78 | -5 | -292 | -469 | -299 | -864 | |
| Cash from Financing Activity | -137 | -133 | -20 | -5 | 641 | -92 | -363 | -158 | -23 | -156 | 440 | |
| Net Cash Flow | -4 | 49 | 7 | -51 | 50 | 239 | -105 | 10 | -32 | -5 | 4 | |
| Free Cash Flow | 130 | 178 | 61 | -89 | -601 | 193 | 101 | 327 | 247 | 171 | -279 | |
| CFO/OP | 114% | 105% | 115% | 85% | 97% | 104% | 90% | 102% | 107% | 100% | 80% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44 | 49 | 41 | 50 | 55 | 59 | 64 | 55 | 53 | 47 | 44 | 45 |
| Inventory Days | 219 | 182 | 170 | 225 | 250 | 287 | 291 | 280 | 243 | 217 | 325 | 293 |
| Days Payable | 311 | 170 | 121 | 174 | 168 | 122 | 132 | 161 | 163 | 175 | 176 | 226 |
| Cash Conversion Cycle | -48 | 62 | 90 | 101 | 137 | 224 | 223 | 174 | 134 | 88 | 192 | 113 |
| Working Capital Days | 65 | 60 | 49 | 5 | 10 | 18 | 45 | 39 | 11 | -12 | -138 | 43 |
| ROCE % | 19% | 23% | 21% | 17% | 14% | 18% | 19% | 18% | 17% | 16% | 14% | 17% |
Fundamentals
Market Cap₹ Cr.
Current Price₹
Book Value₹
ROCE16.7 %
ROE14.6 %
Dividend Yield%
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)11%
Standalone figures.
Profitability
Operating margin (excl. other income)47.60%
Operating margin (incl. other income)52.02%
EBITDA margin52.02%
Pre-tax margin36.39%
Net profit margin27.39%
ROE15.46%
ROCE17.56%
ROA10.39%
ROE, 3-year average15.57%
ROCE, 3-year average17.07%
ROA, 3-year average10.18%
ROE, 5-year average14.84%
ROCE, 5-year average17.41%
ROA, 5-year average9.51%
ROIC (approx.)13.25%
Tax rate24.72%
Other income / net worth2.31%
Growth
Sales growth (latest year)12.76%
Profit growth (latest year)3.77%
Sales CAGR, 3 years9.20%
Sales CAGR, 5 years10.01%
Profit CAGR, 3 years22.59%
Profit CAGR, 5 years15.98%
Per share
EPS (TTM)Rs 464.80
EPS (latest year)Rs 464.80
EPS, 3-year averageRs 404.39
EPS, 5-year averageRs 341.48
Book value per shareRs 3,234.60
Sales per shareRs 1,696.85
Free cash flow per shareRs -269.81
Dividend per share, 3-year averageRs 5.00
Dividend per share, 5-year averageRs 5.00
Dividends
Dividend payout, 3-year average1.66%
Dividend payout, 5-year average1.90%
Efficiency
Asset turnover0.37x
Fixed asset turnover0.61x
Inventory turnover6.22x
Inventory days59 days
Debtor days45 days
Debtors turnover8.05x
Creditor days226 days
Cash conversion cycle113 days
Working capital days43 days
Leverage
Total debtRs 753 Cr
Cash and bankRs 66 Cr
Net debtRs 687 Cr
Debt to equity0.23x
Net debt / EBITDA0.75x
Interest coverage9.95x
Owners' fund to total sources71.28%
Debt to assets16.05%
Cash flow
Free cash flow (latest year)Rs -279 Cr
FCFE (approx.: FCF + change in debt)Rs -641 Cr
Cash from ops / profit, 5 years1.36x
Statement figures
Net sales (TTM)Rs 1,755 Cr
Net sales (latest year)Rs 1,755 Cr
Operating profit excl. other income (latest year)Rs 835 Cr
Other income (TTM)Rs 77 Cr
EBITDA (TTM)Rs 913 Cr
PBDT (TTM)Rs 841 Cr
Profit before tax (TTM)Rs 638 Cr
Tax (latest year)Rs 158 Cr
Net profit (TTM)Rs 481 Cr
Net profit (latest year)Rs 481 Cr
Depreciation (TTM)Rs 203 Cr
Interest (TTM)Rs 71 Cr
Cost of goods sold (latest year)Rs 542 Cr
Total expenditure (latest year)Rs 919 Cr
Total income (latest year)Rs 1,832 Cr
Share capitalRs 10 Cr
ReservesRs 3,334 Cr
Shareholders' fundsRs 3,345 Cr
Total assetsRs 4,692 Cr
Net blockRs 2,867 Cr
Capital work in progressRs 21 Cr
InvestmentsRs 922 Cr
ReceivablesRs 218 Cr
InventoryRs 87 Cr
Other liabilitiesRs 594 Cr
Shares outstanding (crore)1.03
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 6 of 6No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Inox Air Products Pvt Ltd?
Inox Air Products Pvt Ltd (526534) has a market capitalisation of Rs Cr. at the close.