INOXINDIAINOX India Limited Forensic Risk Analysis

Other Industrial Products
Risk ClassStable
Market Cap₹11,221 Cr
Primary DriverEarnings Quality
Flagium AI Risk Score
Stable structural profile. Financial profile appears resilient.
5 / 100
+1 QoQ
Early Deterioration
Sentinel Insight

Financial profile remains stable for now. Weakness is detected in profitability and earnings quality. No immediate concerns are visible. Risk is gradually increasing.

8.3th %ile (Sector)Accel: +1 Qtrs
Updated2026-06-02
Market View
₹1,452.2▲0.37%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Earnings Quality
+4.8 pts
Final Composite Risk5 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 0 → 5 over 12 quarters.

Expected Direction
⚠ Watch
Primary Deterioration Drivers
  • Inventory Stress
  • Working Capital Expansion
  • Operating Leverage Stress
What to Watch Next Quarter
  • Operating cash flow
  • Working capital efficiency
  • Debt growth

Active Risk Objects (5)

CriticalHigh
Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumAccelerating
Last SignalFY2026
INOXINDIA: OCF below Net Profit in 3/3 recent years.

"Cash conversion is dangerously low. Operational cash flow is significantly trailing reported PAT."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 3 Years
More Detail
Impact Weight10/15
MomentumDecaying
Last SignalQ4 FY2025
Working capital expansion detected: Receivable days increased by 18.1%.

"Working capital pressure is receding. Cash previously locked in operations is being released."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight10/15
MomentumAccelerating
Last SignalQ4 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Inventory Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight15/15
MomentumAccelerating
Last SignalQ2 FY2026
Inventory growth (26.4%) significantly outpaced revenue growth (15.3%).

"Slight build-up in inventory detected. Monitor for slowing sales momentum."

Capex Efficiency Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ2 FY2025
Aggressive Capex (21.9%) amidst slow revenue growth (-76.2%).

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)57.17✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+61.0+56.0✅ RESILIENT
Forensic Benchmark Context: Other Industrial Products (n=13 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹1,452.2(+0.37%)
1M Divergence-2.6%
1 Week-2.41%
1 Month-0.33%
6 Months+25.81%
1 Year+19.04%
2 Year+15.45%
3 Year+64.81%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in earnings quality remain well-maintained against forensic benchmarks. Systematic scans of operational margins and profitability metrics confirm the absence of material structural stress. The current structural trajectory supports a stable risk outlook.

INOXINDIA • MARKET STRUCTURE

Stage 2 — Advancing

The company is in a growth phase. Institutional sentiment is highly positive, supported by strong fundamentals and sustained risk reduction.

Stage Transition Prob.98%
Trend QualityStrong
Phase Progression
Phase Progression Score90%
Readiness LabelHigh (Phase Transition Imminent)
Probability of Advancing98%
CoinTree Momentum
Composite Z-Score+0.5196σ
Improving momentum strength
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#440 of 2716
Top 16.20% in momentum strength
Timeframe Sparklines
1W-2.4%
1M-0.3%
6M+25.8%
Weinstein Indicators
150 DMA₹1,233.87
200 DMA₹1,217.82
150 DMA Slope+3.0258%Rising
Relative Strength+30.90%Leading
Relative Turnover (RTR)2.3931
ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

Risk profile is broadly in line with the Sector Mean (10).
BEARDSELLBeardsell Limited
0 Risk
Sector %ile0th
Delta-5
Active Flags2
Accel+0
Governance

Stable

INOXINDIAINOX India Limited
5 Risk
Sector %ile8th
Delta+1
Active Flags5
Accel+1
Earnings Quality

Stable

HBLENGINEHBL Engineering Limited
19 Risk
Sector %ile67th
Delta+4
Active Flags6
Accel+1
Earnings Quality

Stable

ADORAdor Welding Limited
20 Risk
Sector %ile75th
Delta-5
Active Flags11
Accel+0
Competitive Position

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
6.868th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Operating Leverage Stress

2026

Inventory Stress

2026

Cash Conversion Deficit

2025

Working Capital Expansion

2025

Working Capital Expansion

2025

Capex Efficiency Stress

2024

Working Capital Expansion

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20261,63225811770
FY20251,34722612233
FY20241,16219612613