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Innomet Advanced Materials share price & results

Innomet Advanced Materials Limited· Metals & Mining· Commodities

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Hyderabad-based powder-metallurgy manufacturer of specialty metal/alloy powders and Tungsten Heavy Alloy (THA) components for defence, aerospace and industrial customers.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue30.3 ₹ crore+69.6% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin4.5 %−4.9 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit-0.44 ₹ crore−375.0% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−2.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin10.22 %+88.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+34.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

1 of 3 judged targets kept · 11 open · verdicts reflect calls analysed to Q4 FY26.

Innomet Advanced Materials Limited management guidance track record on Inve: 14 targets tracked across analysed earnings calls (1 achieved, 2 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Revenue Growth25-30% growth
Call transcript, Q2 FY26 · 4 Dec 2025
Q2 FY26Q4 FY26:FY26 revenue grew 66% YoY to ₹53.86 crore, significantly exceeding the 25-30% guidance.
Call transcript, Q4 FY26 · 3 Jun 2026
Achieved
Gas Atomizer Commercial ProductionCommercial production in the next few months
Call transcript, Q2 FY26 · 4 Dec 2025
Q2 FY26Q4 FY26:The 'next few months' timeline from Q2 FY26 has passed with no confirmation of commercial production. Instead, the company announced a new, larger DRDO-supported project for an advanced gas atomization facility with a 1-1.5 year timeline for trials.
Call transcript, Q4 FY26 · 3 Jun 2026
Missed
EBITDA Margin12-14% at ₹100 crore revenue level
Call transcript, Q2 FY26 · 4 Dec 2025
Q2 FY26Q4 FY26:FY26 full-year EBITDA margin declined to 10.4% due to raw material costs. While the ₹100cr revenue target is not yet met, the current margin trend is below the guided range, placing this promise at risk.
Call transcript, Q4 FY26 · 3 Jun 2026
At Risk

Source: Inve Guidance Tracker for Innomet Advanced Materials Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Innomet Advanced Materials Limited's 14 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 11 more targets are in the full ledger.

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Price

₹276.05 +3.43% · +₹9.15

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +98.6% 1Y

₹50₹100₹150₹200₹250₹300Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 4 Dec 2025Q4 FY26 — 3 Jun 2026

1Y: ₹139 on 24 Oct 2025 → ₹276.05. High ₹292.35 (22 Sept 2026), low ₹65.65 (10 Mar 2026).

Previous close
₹266.9
Market cap
₹358 Cr
52-week range
₹65.65 – ₹292.35
One year
+108.73%
Price to earnings (FY ending Mar 2026)
228.03×
Return on equity (FY ending Mar 2026)
3.73%

Overview

Symbol
NSE:INNOMET
Industry
Commodities
Exchange
NSE
Currency
INR

What Innomet Advanced Materials Limited does

Based on the company's own presentations, annual report and earnings calls.

Innomet manufactures ferrous and non-ferrous metal/alloy powders (copper, bronze, brass, nickel, tin, stainless steel and more) via water, air and gas atomization, sold to diamond-tool, brazing, surface-coating, catalyst and additive-manufacturing customers under the Innomet Powders brand. Its second division, Innotung, makes Tungsten Heavy Alloy (THA) bars, plates, cubes, spheres and custom components for defence (kinetic-energy penetrators, rocket nozzles, jet vanes), radiation shielding and aerospace rotor balancing. In February 2026 it acquired a 57.5% stake in Swastik Tungsten Private Limited to backward-integrate into tungsten metal/carbide powder supply and open a standalone tungsten-carbide components business.

Segments

  • Metal/Alloy Powders (Innomet Powders)
  • Tungsten Heavy Alloys (Innotung)
  • Swastik Tungsten Private Limited (57.5%-owned)
Manufacturing divisions
2 (Innomet Powders — metal/alloy powders; Innotung — Tungsten Heavy Alloy)
Metal powder manufacturing capability
50 tonnes/month installed (operating at ~40-42 tpm)
Tungsten Heavy Alloy capacity
5 tonnes/month (expanded from 1.5 tpm)
Swastik Tungsten installed capacity (57.5%-owned)
120 tonnes/year of tungsten metal/carbide powders & components
Metal/alloy powder product range
20+ grades (copper, bronze, brass, nickel, tin, stainless steel and others)
Export footprint
Customers across 9+ countries incl. US, UK, Germany, Netherlands, Japan, Italy, New Zealand, Lebanon, Brunei
Founded 1984Headquarters Hyderabad, Telangana, India

How the price took the results

close before → close after

Q4 FY26
+1.0%
3 Jun
Q2 FY26
−5.0%
4 Dec

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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