Innomet Advanced Materials
- Market cap
- ₹ 324 Cr.
- P/E
- 225x
- P/B
- 7.66x
- 52-week range
- 63.15 – 294
- ROE
- 4%
- ROCE
- 5.7%
- Dividend yield
- 0%
- Debt / equity
- 0.35
- Sector
- Diversified Metals
- Industry
- Diversified Metals
- Listed on
- NSE SME
About
Innomet Advanced Materials Limited is an India-based company which is engaged in the business of manufacturing and selling Metal Powders and Tungsten Heavy Alloys. Its division includes Innomet Powders and Innotung. It supplies metal and alloy powders through water, air and gas atomization processes. It has over 20 products, including copper, bronze, brass, nickel, tin and stainless-steel powders for several industries and specializes in manufacturing customized grades of metal/alloy powders containing iron, copper, nickel, tin, zinc and cobalt. Innotung, is the brand name for the Tungsten Heavy Alloy series manufactured through a Metallurgy process. It supplies the material in the form of bars, plates, cubes, spheres and components of various sizes and shapes and in the finished machine condition as per customer drawings. Its products cater to a range of industries, such as powder metallurgy, diamond tools, coatings, pharmaceutical, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Metals: 7 companies →Innomet Advanced Materials against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)225 against a typical 21.6: pricier than most peers (1st = cheapest).6th of 6
- Sales growth+158.1% against a typical +56.2% from a year earlier.1st of 5
- Profit growth−123.5% against a typical +28.6% from a year earlier.5th of 5
- Share price, 3 months+55.8% against a typical −16.4%.1st of 5
- Size₹ 323.5 Cr. market value against a typical ₹ 2,251.4 Cr. (1st = largest).5th of 6
Latest announcements
Exchange filings and their impact on the company.
- Innomet allotted 11.9 lakh warrants at Rs 210 to Mukul Agrawal, getting Rs 6.3cr now and up to Rs 25cr on conversion.
Innomet Advanced Materials allotted 11,92,200 equity warrants at Rs 210 each to non-promoter investor Mukul Mahavir Agrawal on 23 October 2026, totalling Rs 25.04 crore. The company has received Rs 6.26 crore, being 25% upfront, with the balance Rs 18.78 crore payable on conversion into shares within 18 months. The marquee funding boosts equity and cash for growth, with modest dilution on conversion.
- Wins ~Rs 0.26 cr export order for copper-manganese alloy powder from Japan, ~0.5% of annual sales.
Innomet Advanced Materials received a purchase order dated October 13, 2026 from New Metals and Chemicals Corporation, Tokyo, Japan for Copper Manganese Alloy Powder-325 mesh. The order value is USD 29,592.26 including packing and other charges, or about Rs 0.26 crore. It is a small export order at about 0.5% of last year's sales and will add incrementally to revenue when executed.
- Wins Rs 1.15 cr domestic order for copper-infiltrant, ~1.8% of annual sales.
Innomet Advanced Materials received PO No. 3010367876 dated October 13, 2026 from Federal-Mogul Goetze (India) Ltd for Copper-Infiltrant IPL96. The order is valued at Rs 1.15 crore including packing/freight and 18% IGST, with taxable value of about Rs 0.98 crore. It is a domestic order in the ordinary course of business with delivery as per the purchase order schedule.
- Wins Rs 1.17 cr copper powder order, about 1.8% of FY26 sales.
Innomet Advanced Materials received a domestic purchase order dated 9 Oct 2026 from Enar Weld Braze Pvt Ltd for supply of IPCR Grade Copper Powder. The order is valued at Rs 1.17 crore including packing and GST (Rs 0.99 crore taxable value) in the ordinary course of business. At under 2% of FY26 sales of Rs 53.81 crore, it provides a small incremental revenue boost if executed over the next 12 months.
- Innomet wins a small Rs 0.68 cr copper powder order from Hoganas India.
Innomet Advanced Materials received a purchase order dated October 8, 2026 from Hoganas India Pvt Ltd for supply of Copper Powder and CU100. The order totals Rs 68.36 lakh including packing and GST, with product value of Rs 57.79 lakh. It is a small domestic order in the ordinary course of business, adding about 1% to annual revenue.
- ICDR clearance paves way for 11.9 lakh preferential warrants and ~Rs 30 cr potential infusion.
Innomet Advanced Materials filed a PCS certificate from P S Rao and Associates confirming its issue of 11,92,200 equity share warrants on a preferential basis complies with SEBI ICDR Regulations, 2018. The issue was approved by shareholders by special resolution at the AGM on September 22, 2026. The clearance paves the way for allotment of the warrants, which would bring fresh equity funds with about 9% dilution on conversion.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 23 Oct 2026 | Warrants | Allotted | ₹ 25.04 Cr. | ₹ 210 | +28.62% | |
| 7 Oct 2026 | Warrants | Shareholders approved | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | Pursuant to Regulation 29(1) of the Listing Regulations, it is hereby informed that a meeting of theBoard of Directors of the Company is scheduled to be held on Saturday, October 31, 2026, at shorternotice, inter alia, to consider and approve the unaudited standalone and consolidated financial resultsof the Company for the half year ended September 30, 2026.Further to our communication dated September 25, 2026, the Trading Window for dealing in securitiesof the Company has been closed from Thursday, October 1, 2026, and will remain closed until 48hours after the declaration of the aforesaid financial results, in accordance with the applicable Codeof Conduct under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations,2015. |
| 24 Aug 2026 | Fund Raising | To consider Fund Raising |
| 6 Jul 2026 | Fund Raising | To consider Fund Raising |
| 6 Jun 2026 | Board Meeting Intimation | INNOMET ADVANCED MATERIALS LIMITED has informed the Exchange about Board Meeting to be held on 06-Jun-2026 to consider Fund raising. |
| 23 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025. |
| 29 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 13 | 12 | 15 | 18 | 24 | 30 |
| Expenses | 12 | 9 | 11 | 16 | 19 | 29 |
| Operating Profit | 1 | 3 | 3 | 2 | 4 | 1 |
| OPM % | 10.9% | 24.9% | 23.1% | 9.3% | 18.1% | 4.5% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 0 | 1 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 2 | 2 | 0 | 3 | −0 |
| Tax % | 22.6% | 22.6% | 23.1% | 59% | 25.2% | 55.2% |
| Net Profit | 1 | 2 | 2 | 0 | 2 | −0 |
| EPS in Rs | 0.68 | 1.97 | 1.32 | 0.12 | 1.56 | −0.34 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 34%
- 3 Years
- 32%
- TTM
- 65%
- 10 Years
- —
- 5 Years
- 51%
- 3 Years
- −21%
- TTM
- −16%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Innomet Advanced Materials | ₹ 270.10 | ₹ 324 Cr. | 225x | 7.7x | 4% | — |
| Hindustan Zinc | ₹ 497.00 | ₹ 2,09,998 Cr. | 15.9x | 9.7x | 76.9% | 33.9% |
| Hindalco Industries | ₹ 860.50 | ₹ 1,93,374 Cr. | 11.6x | 1.6x | 10.3% | 4.9% |
| Vedanta | ₹ 226.00 | ₹ 88,375 Cr. | 21.3x | 2x | 22.4% | 14.9% |
| NMDC | ₹ 66.30 | ₹ 58,290 Cr. | 9.8x | 2.2x | 23.4% | 23.1% |
| Hindustan Copper | ₹ 399.40 | ₹ 38,623 Cr. | 47.5x | 14.1x | 30.6% | 29.9% |
Management
- Vinay Choudary Chilakapati
- Chairman of the Board, Chief Executive Officer, Managing Director
- Saritha Devi Chilakapati
- Chief Financial Officer, Whole Time Director
- Aanchal Sethia
- Compliance Officer, Company Secretary
- Lakshmi Kanthamma Chilakapati
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.