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INOX AIR PRODUCTS PRIVATE LIMITED

Active
Updated: 29 Oct 2024

The company manufactures and supplies industrial gases such as oxygen, nitrogen, helium, argon, carbon dioxide, hydrogen etc

Inox Air Products Private Limited, is an unlisted private company incorporated on 04 April, 1963. It is classified as a private limited company and is located in Thane, Maharashtra. It's authorized share capital is INR 46.00 cr and the total paid-up capital is INR 10.34 cr.

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Industry

Manufacturing (Chemicals and chemical products)
Products
  • carbon dioxide, hydrogen etc, oxygen, argon, helium, nitrogen
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
18.05%
₹ 2,774.5
EBITDA
15.05%
₹ 1,146.3
Net Profit
14.18%
₹ 765.4
Networth
15.97%
₹ 5,471.2
Borrowings
75.93%
₹ 1,475.5
Assets
25.73%
₹ 7,979.1
Gross Margin
0.6
92.4 %
Operating Margin
-1.2
44.3 %
Net Profit Margin
-0.93
27.6 %
Return on Equity
-0.22
14.0 %
ROCE
-2.63
15.4 %
Debt to Equity
0.09
0.3
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (64)
State Type Address

location icon Locations on Map

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Tofler Score

Excellent
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • HIGH INVENTORY
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,560.3 1,757.4 2,090.4 2,191.8 2,589.9
Operating profit 635.5 835.3 1,047.9 996.3 1,146.3
Net profit 463.2 480.6 725.9 670.4 765.4
Gross margin 92.8 93.8 94.0 91.8 92.4
Operating margin 40.7 47.5 50.1 45.5 44.3
Net margin 28.1 26.2 32.3 28.5 27.6
Networth 2,871.1 3,344.8 4,055.9 4,717.7 5,471.2
Borrowings 1,018.5 518.9 865.2 838.7 1,475.5
Assets 4,563.9 4,692.3 5,607.3 6,346.4 7,979.1
Debt to equity 0.3 0.2 0.2 0.2 0.3
Current ratio 0.8 3.2 1.9 1.9 2.6
ROE 16.1 14.4 17.9 14.2 14.0
Days payable 176.0 226.0 220.0 180.0 185.0
WC days -57.0 200.0 99.0 107.0 184.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10.3 10.3 10.3 10.3 10.3
Reserves 2,860.8 3,334.5 4,045.5 4,707.4 5,460.9
Borrowings + 1,018.5 518.9 865.2 838.7 1,475.5
Long term borrowings 388.6 518.9 513.3 470.3 1,189.9
Short term borrowings 629.9 - 351.9 368.4 285.6
Trade payables + 54.0 67.2 75.8 88.8 100.3
Days payable 176.0 226.0 220.0 180.0 185.0
Other liabilities + 674.2 828.6 686.3 790.0 1,032.3
Other non-current liabilities 334.4 396.1 412.0 452.5 525.2
Other current liabilities 285.8 365.3 198.5 248.7 406.9
Total liabilities 4,563.9 4,692.3 5,607.3 6,346.4 7,979.1
Fixed Assets + 3,007.8 2,888.4 3,267.0 3,757.1 4,613.3
Tangible assets 2,892.2 2,865.6 2,765.8 3,230.1 3,837.0
CWIP 113.8 21.2 500.2 525.7 773.3
Intangible assets 1.9 1.6 1.0 1.4 2.9
LT loans and advances 32.1 33.3 30.9 30.6 0.5
Other non-current assets 800.1 373.9 1,118.8 1,212.3 1,265.2
Current assets + 724.0 1,396.8 1,190.6 1,346.3 2,100.0
Inventories 99.6 87.3 98.8 110.5 125.3
Trade receivables 186.0 218.1 212.7 239.4 267.5
Cash and cash equivalents 28.7 55.1 4.2 9.4 31.3
ST loans and advances 0.7 0.8 0.8 0.8 1.2
Other current assets 408.9 1,035.5 874.2 986.2 1,674.9
Total assets 4,563.9 4,692.3 5,607.3 6,346.4 7,979.1
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,560.3 1,757.4 2,090.4 2,191.8 2,589.9
Sales growth % 12.04 12.63 18.95 4.85 18.16
Expenses + 1,162.5 1,196.3 1,289.2 1,458.1 1,756.0
Cost of goods 111.9 108.8 125.8 180.5 197.5
Employee cost 134.6 145.6 161.3 169.9 216.5
Other costs 678.4 667.7 755.4 845.1 1,029.6
Operating profit + 635.5 835.3 1,047.9 996.3 1,146.3
Operating margin % 40.7 47.5 50.1 45.5 44.3
Other income 90.0 77.4 159.3 158.5 184.6
Interest 64.1 71.4 54.6 61.4 80.9
Depreciation 173.5 202.9 192.0 201.2 231.4
Exceptional items - - - - -
Profit before tax 487.9 638.5 960.6 892.2 1,018.5
Tax 24.7 157.8 234.7 221.8 253.1
Profit - disc. ops - - - - -
Net profit 463.2 480.6 725.9 670.4 765.4
Net margin % 28.1 26.2 32.3 28.5 27.6
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.3 0.2 0.2 0.2 0.3
Net Debt/Equity 0.3 0.1 0.2 0.2 0.3
Total Debt/Assets 0.2 0.1 0.1 0.1 0.2
Total Assets/Equity 1.6 1.4 1.4 1.4 1.5
Liquidity +
Current Ratio 0.8 3.2 1.9 1.9 2.6
Quick Ratio 0.6 3.0 1.7 1.8 2.5
Interest Coverage 9.9 11.7 19.2 16.2 14.2
Performance
Gross Margin 92.8 93.8 94.0 91.8 92.4
Operating Margin 40.7 47.5 50.1 45.5 44.3
Net Margin 28.1 26.2 32.3 28.5 27.6
Return +
Return on Equity 16.1 14.4 17.9 14.2 14.0
Pre-tax ROCE 16.7 16.4 22.3 18.1 15.4
Return on Assets 10.2 10.2 12.9 10.6 9.6
Pre-tax ROIC 12.0 16.6 17.4 14.3 13.2
Efficiency +
Days Payable 176.0 226.0 220.0 180.0 185.0
Days Inventory 325.0 293.0 287.0 223.0 231.0
Days Receivable 44.0 45.0 37.0 40.0 38.0
Fixed Asset Turnover 0.5 0.6 0.6 0.6 0.6
Total Asset Turnover 0.3 0.4 0.4 0.3 0.3
Working Capital
Cash Conversion Cycle 193.0 112.0 104.0 83.0 84.0
Working Capital Days -57.0 200.0 99.0 107.0 184.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

HDFC Bank Limited

No. of Loans: 3

Total Amount : 1,050.0 cr

2

Axis Bank Limited

No. of Loans: 1

Total Amount : 350.0 cr

3

CitiBank N.A.

No. of Loans: 1

Total Amount : 200.0 cr

4

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 200.0 cr

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Charges

HDFC Bank Limited
Axis Bank Limited
CitiBank N.A.
Kotak Mahindra Bank Limited

People

Designation Name DIN/PAN Tenure
Managing Director Pavan Jain 00030098 21 years
Whole-time Director Siddharth Jain 00030202 17 years
Director Subodh Kumar Jain 00031010 49 years
Kmp Sandeep Ganesh Divekar <HIDDEN> 2 years
Nominee Director Melissa Schaeffer 09248793 4 years
Additional Director Juan Miguel Gonzalez Barboteo 09765133 3 years
Director Ahmed Hababou 10208799 2 years
CS Vishal Madhukant Shah <HIDDEN> 6 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
INOX CHEMICALS PRIVATE LIMITED
Converted to LLP and Dissolved
4.0 L 3 Delhi
FAME INDIA LIMITED
Amalgamated
55.3 Cr 1 Maharashtra
INOX INDIA LIMITED
Active
18.2 Cr 2 Gujarat
INOX RENEWABLES LIMITED
Amalgamated
3.4 Cr 1 Gujarat
SIDDHO MAL TRADING PRIVATE LIMITED
Converted to LLP and Dissolved
4.0 L 2 Delhi
REFRON CYLINDERS LIMITED
Amalgamated
1.9 Cr 2 Maharashtra
N. K. PATNI CHARITABLE FOUNDATION
Active
0.0 1 Maharashtra
DEVANSH TRADEMART PRIVATE LIMITED
Converted to LLP and Dissolved
14.6 L 2 Delhi
SIDDHAPAVAN TRADING PRIVATE LIMITED
Converted to LLP and Dissolved
15.8 L 3 Delhi
INOX INTERNATIONAL PRIVATE LIMITED
Strike Off
5.0 L 1 Delhi
INOX CHEMICALS LLP
Active
8.6 Cr 2 Maharashtra
INOX INFRASTRUCTURE LIMITED
Active
50.0 Cr 2 Maharashtra
INOX LEISURE LIMITED
Amalgamated
122.3 Cr 2 Maharashtra
PVR INOX LIMITED
Active
98.2 Cr 2 Maharashtra
SIDDHO MAL TRADING LLP
Active
7.3 Cr 2 Maharashtra
GFL LIMITED
Active
11.0 Cr 2 Maharashtra
INOX CONSUMER PRODUCTS PRIVATE LIMITED
Strike Off
50.0 L 1 Delhi
KINGSTON SMITH INOX - DC OUTSOURCING PRI VATE LIMITED
Strike Off
1.5 Cr 1 Delhi
PRIME SKYLINE DEVELOPERS PRIVATE LIMITED
Amalgamated
0.0 1 Maharashtra
MEGNASOLACE CITY PRIVATE LIMITED
Active
5.8 Cr 1 Maharashtra
PHD CHAMBER OF COMMERCE AND INDUSTRY
Active
0.0 1 Delhi
SMS NATURAL RESOURCES PRIVATE LIMITED
Strike Off
2.8 L 1 Delhi
SOUTH ASIA GAS ENTERPRISE PRIVATE LIMITED
Active
75.3 Cr 1 Delhi
WEST ASIA GAS ENTERPRISES PRIVATE LIMITED
Strike Off
4.0 L 1 Delhi
SIDDHOMAL AIR PRODUCTS PRIVATE LIMITED
Active
4.0 L 1 Delhi
SITASHRI TRADING AND FINANCE PRIVATE LIMITED.
Active
19.0 L 1 Delhi
NIRYAT SAM APPARELS INDIA LIMITED
Active
29.5 Cr 1 Delhi
PRODAIR AIR PRODUCTS INDIA PRIVATE LIMITED
Active
6.2 Cr 1 Maharashtra

Registered Details

CIN

U24999MH1963PTC012625

PAN

AAACI5569D

Incorporation

1963, 62.1 years

Company Email

vishalshah.madhukant@inoxap.com

Paid up Capital

₹ 10.3 Cr

Authorised Capital

₹ 46.0 Cr

AGM

Sep 2024

Type

Private
Non-government Company

FAQ - INOX AIR PRODUCTS PRIVATE LIMITED

What is the incorporation date of INOX AIR PRODUCTS PRIVATE LIMITED?

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The incorporation date of INOX AIR PRODUCTS PRIVATE LIMITED is 04 April, 1963

What is the authorized share capital of INOX AIR PRODUCTS PRIVATE LIMITED?

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The authorized share capital of INOX AIR PRODUCTS PRIVATE LIMITED is INR ₹ 46.0 Cr.

What is the paid-up capital of INOX AIR PRODUCTS PRIVATE LIMITED?

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The paid-up capital of INOX AIR PRODUCTS PRIVATE LIMITED is INR ₹ 10.3 Cr.

What is the registered address of INOX AIR PRODUCTS PRIVATE LIMITED?

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The registered address of INOX AIR PRODUCTS PRIVATE LIMITED is A - 2 TTC Industrial Area, Off Thane Belapur Road Pawane NA Navi Mumbai Thane Maharashtra - 400710

What is the CIN number of INOX AIR PRODUCTS PRIVATE LIMITED?

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The CIN number of INOX AIR PRODUCTS PRIVATE LIMITED is U24999MH1963PTC012625.

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