Inox India for long term at current levels?

About 25% down from ATH, no direct competitor as Linde only makes up 5% of its rev through CSD I think. World's leading provider of customized cryogenic equipment. Large-scale serial manufacturing facilities at four locations in India and part manufacturing and service distribution from one location at Brazil and stock & sale facility at Netherlands in Europe. Serving Industrial Gas, LNG and Cryo Scientific Division. Working continuously towards Clean Energy initiatives in - LNG, Liquid Hydrogen & Fusion Energy Demand: Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth. [https://www.shell.com/what-we-do/oil-and-natural-gas/liquefied-natural-gas-lng/lng-outlook-2024.html](https://www.shell.com/what-we-do/oil-and-natural-gas/liquefied-natural-gas-lng/lng-outlook-2024.html) ROE: 29% ROCE: 39.65% Promoter Holding: 75% DII: 7.5% FII: 5.8% PE: 53 Sales, Profit, ROE and ROCE are growing consistently: https://preview.redd.it/37bz6sutf09e1.png?width=3302&format=png&auto=webp&s=d45aa8c5fdaf6ca6a4131765f85ea7ee52d051c9 The company has shown a good profit growth of 24.20% for the Past 3 years. * The company has shown a good revenue growth of 22.69% for the Past 3 years. * Company has been maintaining healthy ROE of 28.27% over the past 3 years. * Company has been maintaining healthy ROCE of 36.48% over the past 3 years. * Company is virtually debt free. D/E = 0.01 * Company has a healthy Interest coverage ratio of 46.77. * The Company has been maintaining an effective average operating margins of 21.64% in the last 5 years. More News: Highest Ever Order Backlog of Rs 1178 Cr as on Q2 FY25 , up by 13.6 % YoY Highest Ever Quarterly Order Inflow at ₹ 366 Cr in Q2 FY25 up by 20.8% YoY Recorded Highest Ever Total Income of ₹ 622 Cr in H1FY25 Recorded Highest Ever EBIDTA of ₹ 153 Cr in H1FY25 Joined hands with Adani Total Gas to strengthen LNG ecosystem in India Customers: https://preview.redd.it/pxj41gjph09e1.png?width=2900&format=png&auto=webp&s=41ea9ceed938328aff3a442f9590017694355c7e Diverse Order Composition: https://preview.redd.it/xu4oc2xrh09e1.png?width=2300&format=png&auto=webp&s=d13a3d67862a7e4f6a648cad5e99de0ed49bc3ef Balanced Geographic Composition: https://preview.redd.it/pm1eeiyuh09e1.png?width=2117&format=png&auto=webp&s=82599c6d76962ddbbce10b47a0f95b163590d4ad [https://ticker.finology.in/company/INOXINDIA](https://ticker.finology.in/company/INOXINDIA) [https://www.tickertape.in/stocks/inox-india-INOXI](https://www.tickertape.in/stocks/inox-india-INOXI) There is a lot more here in their qtr reports - [https://s3.ap-southeast-1.amazonaws.com/reports.tickertape.in/ANNOUNCEMENTS/INOXI/2024/10/jZMOvEXg-i89JIcDvRDa72vozpi4DVYfywCRQd2rvSA.pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIA2W5NWF6VGMO63NFU%2F20241225%2Fap-southeast-1%2Fs3%2Faws4\_request&X-Amz-Date=20241225T145442Z&X-Amz-Expires=180&X-Amz-Security-Token=IQoJb3JpZ2luX2VjED0aCmFwLXNvdXRoLTEiSDBGAiEAhdhVSwyMqPwW25ND5yPk%2FQ6cXehGwzU0qK%2BK1%2F17HMICIQD%2BM%2BkMpxLpjvrkNOj75YgZ2NTKkFxhLm1MyDXM3n5jciq1BQgWEAUaDDczNjQxNDI4MTY0MiIM5Q2tBX7qO3g7XPguKpIF5rdmbJ2cAStxJMWsI35z9flkbmTkUJsxXI4hBf4zz7%2BG6KvxlVzv0fViKjijgwhUCChyHlSb86nHTIs9v6rXRTnKb8yn%2BhzR61CgvlID35%2Bgy04Bq61213naCDSbWLck8hrHdEpzKVFaUhIvCH3GFo1UHGM7tNH9gZ1Q0boNzG1p35r1AHXCQ%2F00Ig48ulRAkn2GpMseA6v8%2B0cQhJlYw0z4pucRL4v6O1rPXLqxuznYbjckpyCwhJ%2Bm1xtic79oznVHrZ8nRxzz5gUFYg31SwtJ%2FlJaXn5ZGRCehgwH%2B52Pr6DG6qpuaXHfIsPX6wb8TY1XvME5l0kPdfpovMdMUsirvPtv2B1%2BLJ2a8qdT%2FxIA6UEC5RpI%2BjauORmtYRq%2BVagZjU3iaMcIPUdQxWXXLf1dY1m%2F%2F1YmqpEAfIiuP2Iifp67RgZ5AMoE1FnhFF3zr6jnHGLTbHyUtLInKWlE2B2Y4eWlV2bJy5I1I3JBF%2BuDawMwdBECxQlaf7ud9QbZzNfYwAaYoxAvJFxf3ffslPXZMO3PsSWuBms%2B3wCSc%2B5GH7BeTsvZKpwtd8sIOpxsgO%2B7e0PFUcu4AnS8MIyrzR90cwcAsu%2BT3Gh2XU67CMMx2TCAqIW33x53l6A%2Bmz1vQ%2BFnsN1c552mXpWEEI1zzjcd0%2FGej6Qbg9qu6MIdImJCqu0RSN83l7MdK8qKB8jNdC8FRhiJ5Y2Bl4rjdpk1rk2IVAAF%2B5krbgXGVeIDiEAuYIEQbOQlIAB7%2BnZZTfbzJgAhwV3Gsu%2BgQhPzVCnv3%2BG6Mum77XAF8t1OLV6O%2FDEUaY7xI73UfaGjm7boW23zcLRpPT9CJmiFO5elGSKeoHW5QaXTVyqqsN%2BjtbIhwkEecjCIjbC7BjqwAa3DixTBInrLDCSZ2MxomS1CtZMWAx8qZrBUPCGO4%2BrlD1gq4fAVougutW4bzF%2FJF3UORO2Gs7yvQwUwl50Gq%2FJ8XwjGS0GS98zEjo5kbbPIRZYYPMnvMZQ%2B8bsrR69B3wBXsN3%2F8fU%2FddAovZsh4N52uXcUTz4WaW1I13JWpFpRinzF6Ltbl5NYmMWdxyMWyhSb5T5PY4jSHGwOgaF%2B6hg91JfzHHvtFSajQANJhp0L&X-Amz-Signature=2438457abae444826212ec5563753b19043e246e3161a0ca1958ba5b943a023a&X-Amz-SignedHeaders=host&x-id=GetObject](https://s3.ap-southeast-1.amazonaws.com/reports.tickertape.in/ANNOUNCEMENTS/INOXI/2024/10/jZMOvEXg-i89JIcDvRDa72vozpi4DVYfywCRQd2rvSA.pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIA2W5NWF6VGMO63NFU%2F20241225%2Fap-southeast-1%2Fs3%2Faws4_request&X-Amz-Date=20241225T145442Z&X-Amz-Expires=180&X-Amz-Security-Token=IQoJb3JpZ2luX2VjED0aCmFwLXNvdXRoLTEiSDBGAiEAhdhVSwyMqPwW25ND5yPk%2FQ6cXehGwzU0qK%2BK1%2F17HMICIQD%2BM%2BkMpxLpjvrkNOj75YgZ2NTKkFxhLm1MyDXM3n5jciq1BQgWEAUaDDczNjQxNDI4MTY0MiIM5Q2tBX7qO3g7XPguKpIF5rdmbJ2cAStxJMWsI35z9flkbmTkUJsxXI4hBf4zz7%2BG6KvxlVzv0fViKjijgwhUCChyHlSb86nHTIs9v6rXRTnKb8yn%2BhzR61CgvlID35%2Bgy04Bq61213naCDSbWLck8hrHdEpzKVFaUhIvCH3GFo1UHGM7tNH9gZ1Q0boNzG1p35r1AHXCQ%2F00Ig48ulRAkn2GpMseA6v8%2B0cQhJlYw0z4pucRL4v6O1rPXLqxuznYbjckpyCwhJ%2Bm1xtic79oznVHrZ8nRxzz5gUFYg31SwtJ%2FlJaXn5ZGRCehgwH%2B52Pr6DG6qpuaXHfIsPX6wb8TY1XvME5l0kPdfpovMdMUsirvPtv2B1%2BLJ2a8qdT%2FxIA6UEC5RpI%2BjauORmtYRq%2BVagZjU3iaMcIPUdQxWXXLf1dY1m%2F%2F1YmqpEAfIiuP2Iifp67RgZ5AMoE1FnhFF3zr6jnHGLTbHyUtLInKWlE2B2Y4eWlV2bJy5I1I3JBF%2BuDawMwdBECxQlaf7ud9QbZzNfYwAaYoxAvJFxf3ffslPXZMO3PsSWuBms%2B3wCSc%2B5GH7BeTsvZKpwtd8sIOpxsgO%2B7e0PFUcu4AnS8MIyrzR90cwcAsu%2BT3Gh2XU67CMMx2TCAqIW33x53l6A%2Bmz1vQ%2BFnsN1c552mXpWEEI1zzjcd0%2FGej6Qbg9qu6MIdImJCqu0RSN83l7MdK8qKB8jNdC8FRhiJ5Y2Bl4rjdpk1rk2IVAAF%2B5krbgXGVeIDiEAuYIEQbOQlIAB7%2BnZZTfbzJgAhwV3Gsu%2BgQhPzVCnv3%2BG6Mum77XAF8t1OLV6O%2FDEUaY7xI73UfaGjm7boW23zcLRpPT9CJmiFO5elGSKeoHW5QaXTVyqqsN%2BjtbIhwkEecjCIjbC7BjqwAa3DixTBInrLDCSZ2MxomS1CtZMWAx8qZrBUPCGO4%2BrlD1gq4fAVougutW4bzF%2FJF3UORO2Gs7yvQwUwl50Gq%2FJ8XwjGS0GS98zEjo5kbbPIRZYYPMnvMZQ%2B8bsrR69B3wBXsN3%2F8fU%2FddAovZsh4N52uXcUTz4WaW1I13JWpFpRinzF6Ltbl5NYmMWdxyMWyhSb5T5PY4jSHGwOgaF%2B6hg91JfzHHvtFSajQANJhp0L&X-Amz-Signature=2438457abae444826212ec5563753b19043e246e3161a0ca1958ba5b943a023a&X-Amz-SignedHeaders=host&x-id=GetObject)