Gas
INOX India kicks off FY27 with Rs. 322 crore order wins across cryogenic businesses
The order inflow is led by the Industrial Gas segment, which contributed Rs. 242 crore, followed by Rs. 39 crore from LNG and Rs. 38 crore from Cryo-scientific solutions
-
By ICN Bureau | May 25, 2026
INOX India Limited has started FY27 on a strong note, securing fresh orders worth Rs. 322 crore since April 2026 across its Industrial Gas, LNG, and Cryo-scientific Solutions businesses.
The order inflow is led by the Industrial Gas segment, which contributed Rs. 242 crore, followed by Rs. 39 crore from LNG and Rs. 38 crore from Cryo-scientific solutions, along with additional smaller contracts. The company said the mix reflects sustained demand across both domestic and international markets for advanced cryogenic systems.
A standout “Mega” order in the Industrial Gas segment came from a global private space exploration company for large-scale cryogenic storage tanks with 1,500 m³ capacity. The segment also saw “Minor” orders for IMO tanks and liquid cylinders.
In LNG, INOX India Limited secured multiple smaller contracts for semi-trailers and dispensers, while its Cryo-scientific division bagged several orders, including a “Large” contract from CERN for cryogenic modules alongside other low-value wins.
Commenting on the momentum, Chief Executive Officer of INOX India Limited Deepak Acharya said, "These orders received in Q1 so far mark an excellent beginning to FY27, and provide clear forward visibility on growth. The healthy product mix in these orders received showcase the consistent demand for high-quality cryogenic solutions across industries and geographies."
The strong pipeline reinforces the company’s positioning as a key global player in cryogenic engineering, with demand spanning space, industrial gas, LNG infrastructure, and scientific research applications.
