| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 4606 | 6335 | 5579 | 8031 |
| Cost of Material Consumed | 2300 | 3344 | 2359 | 3683 |
| Change in Inventory | -49 | -329 | -133 | - |
| Gross Margins | 51.13 | 52.41 | 60.1 | -168 |
| Employee Benefit Expenses | 410 | 412 | 461 | 56.23 |
| Other Expenses | 1219 | 1320 | 1876 | 605 |
| EBITDA | 726 | 1588 | 1016 | 2212 |
| OPM | 15.76 | 25.07 | 18.21 | 1699 |
| Other Income | 1044 | 230 | 285 | 21.16 |
| Finance Cost | 478 | 389 | 340 | 369 |
| D&A | 445 | 342 | 400 | 302 |
| EBIT | 281 | 1246 | 616 | 538 |
| EBIT Margins | 6.1 | 19.67 | 11.04 | 1191 |
| PBT | 940 | 1087 | 559 | 14.46 |
| PBT Margins | 20.41 | 17.16 | 10.02 | 1228 |
| Tax | 39 | 481 | 164 | 276 |
| PAT | 901 | 606 | 395 | 952 |
| NPM | 19.56 | 9.57 | 7.08 | 11.85 |
| EPS | 910.1 | 612.12 | 398.99 | 961.62 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 15.76 | 25.07 | 18.21 | 21.16 |
| Net Profit Margin | 19.56 | 9.57 | 7.08 | 11.85 |
| Earning Per Share (Diluted) | 910.1 | 612.12 | 398.99 | 961.62 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 3857 | 4588 | 5869 | 6286 |
| CWIP | 868 | 1305 | 1432 | 1864 |
| Investments | 76 | 33 | 9 | 832 |
| Trade Receivables | 1853 | 1864 | 1882 | 3797 |
| Inventory | 1951 | 2615 | 2816 | 3172 |
| Other Assets | 4441 | 3774 | 3988 | 3369 |
| Total Assets | 13046 | 14179 | 15996 | 19320 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 9.9 | 9.9 | 9.9 | 9.9 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 6276.41 | 8612.6 | 9499 | 13523 |
| Borrowings | 2762 | 2800 | 3434 | 2660 |
| Trade Payables | 1220 | 1223 | 1022 | 1581 |
| Other Liabilities | 2777.69 | 1533.5 | 2031.1 | 1546.1 |
| Total Liabilities | 13046 | 14179 | 15996 | 19320 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 901 | 606 | 352 | 1239 |
| OPBWC | 252 | 884 | 779 | 1912.5 |
| Change in Receivables | -121 | -11 | -18 | -2085 |
| Change in Inventories | -160 | -664 | -201 | -368 |
| Change in Payables | -121 | 1 | -201 | 686 |
| Other Changes | -2476 | -555 | 601 | 611.5 |
| Working Capital Change | -2878 | -1229 | 181 | -1155.5 |
| Cash Generated From Operations | -2626 | -345 | 960 | 757 |
| Tax | 0 | 0 | 0 | -200 |
| Cash Flow From Operations | -2626 | -345 | 960 | 557 |
| Purchase of PPE | -718 | -1175 | -1801 | -1455.5 |
| Sale of PPE | 79 | 0 | 0 | 12 |
| Cash Flow From Investment | 2394 | -616 | -1637 | -2680 |
| Borrowing | 154 | 38 | 634 | -438 |
| Dividend | 0 | -7.7 | -10 | -15.6 |
| Equity | 0 | 889 | 884 | 2876 |
| Others From Financing | 21 | -5 | -834 | -267.4 |
| Cash Flow from Financing | 175 | 914.3 | 674 | 2155 |
| Net Cash Generated | -57 | -46.7 | -3 | 32 |
| Cash at the Start | 151 | 93 | 47 | 44 |
| Cash at the End | 94 | 46.3 | 44 | 76 |
Inox Leasing and Finance Limited is part of the well-established INOX Group, a diversified Indian conglomerate with interests across industrial gases, entertainment, renewable energy, and financial services. The company primarily operates in the business of leasing, financing, and investment management, supporting various group entities as well as external clients through structured financial solutions. Its key activities include offering corporate loans, asset-backed financing, leasing of equipment and machinery, and managing strategic investments across sectors. With a conservative financial philosophy and strong corporate governance, Inox Leasing and Finance has built a stable identity as a reliable financial arm within the INOX ecosystem.
From a business standpoint, the company benefits from the INOX Group’s reputation, diversified exposure, and strong financial discipline. It maintains a balanced portfolio of loans and investments, focusing on secure and cash-flow-backed opportunities. The company also participates in group-level financial structuring, providing capital support for expansion projects in renewable energy, manufacturing, and new business lines. This interconnected structure not only ensures steady income for Inox Leasing and Finance but also strengthens capital efficiency across the group. The company’s operations are guided by risk-management frameworks, compliance protocols, and long-term financial planning, helping maintain a healthy asset quality and predictable revenue streams.
In the unlisted market, Inox Leasing and Finance Limited’s shares attract investors due to its stable business model, strong group backing, and consistent financial performance. The company’s exposure to multiple growing sectors through its investments—such as renewable energy and industrial infrastructure—positions it well for long-term value creation. Investors often view it as a relatively low-risk financial services opportunity because of its prudent lending practices and the financial strength of the INOX Group. As India continues to witness expansion in capital-intensive sectors and demand for structured financing grows, Inox Leasing and Finance stands to benefit from increasing transaction volumes and investment opportunities. For long-term investors seeking steady returns and exposure to a reputed business group, its unlisted shares offer a compelling and reliable option.
1. What are Inox Leasing and Finance Limited unlisted shares?
These are equity shares of Inox Leasing and Finance Limited that are not listed on stock exchanges like NSE or BSE and are traded privately in the unlisted market.
2. What does Inox Leasing and Finance Limited do?
The company operates as a Non-Banking Financial Company (NBFC), primarily involved in leasing, financing, and investment activities within the Inox Group ecosystem.
3. Why do investors show interest in Inox Leasing unlisted shares?
Investor interest is driven by:
4. How can I buy Inox Leasing and Finance unlisted shares?
You can acquire these shares through:
Shares are transferred to your Demat account.
5. What is the typical investment size?
There is no fixed minimum from the company, but brokers may require investments ranging from ?25,000 to ?2 lakh or more, depending on deal availability.
6. How is the price of Inox Leasing unlisted shares determined?
Pricing depends on:
7. Is there any IPO plan for Inox Leasing and Finance Limited?
As of now, there is no confirmed IPO timeline. However, investors often track group restructuring or capital market activity that could lead to a future listing.
8. What are the risks involved in investing?
Key risks include:
9. What are the tax implications on these shares?
10. How are shares transferred after purchase?
Shares are transferred via off-market transfer to your Demat account using DIS slips or electronic delivery instructions through your broker.