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Inox Wind share price & results

Inox Wind· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Fully integrated Indian wind-turbine maker supplying WTGs, EPC and O&M services for wind and hybrid renewable projects.

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Reported

The figures, each with its period

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

MetricValueChangeBasisPeriodNote
Revenue743 ₹ crore+3.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin13.0 %−8.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit72.0 ₹ crore−17.2% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity6.41 %−5.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-28.34 %−14.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)17.06 %−80.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

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

Guidance

What management said, and what became of it

1 of 7 judged targets kept · 8 open · verdicts reflect calls analysed to Q1 FY27.

Inox Wind management guidance track record on Inve: 15 targets tracked across analysed earnings calls (1 achieved, 6 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
FY25 Wind Power Execution800 MW
Call transcript, Q3 FY25 · 31 Jan 2025		Q3 FY25Q1 FY27:Promise relates to a past financial year. No new information provided.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
FY27 Wind Power Execution2,000 MW
Call transcript, Q3 FY25 · 31 Jan 2025		Q3 FY25Q1 FY27:Management explicitly stated they will no longer report on MW execution: 'we do not announce anything on megawatt now'. This shifts the goalposts away from the original verifiable metric.
Call transcript, Q1 FY27 · 7 Aug 2026		Diluted
Inox Green O&M Portfolio Size17 GW within 2 years
Call transcript, Q1 FY26 · 1 Sept 2025		Q1 FY26Q1 FY27:Portfolio at 13.3 GW. The acquisition of Wind World India (4.5 GW portfolio) is approved and expected to close in Q2 FY27. This would bring the total portfolio to 17.8 GW, meeting the target.
Call transcript, Q1 FY27 · 7 Aug 2026		On Track

Source: Inve Guidance Tracker for Inox Wind · to Q1 FY27

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.

6 of Inox Wind's 15 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.

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Price

₹58.56 +0.27% · +₹0.16

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

Performance −62.0% 1Y

₹60₹80₹100₹120₹140₹160Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹154.08 on 24 Oct 2025 → ₹58.56. High ₹157.25 (3 Nov 2025), low ₹58.4 (26 Oct 2026).

Previous close
₹58.4
Market cap
₹10.1k Cr
52-week range
₹58.4 – ₹157.25
One year
−61.75%
Price to earnings (TTM to Jun 2026)
29.17×
Return on equity (TTM to Jun 2026)
6.41%

Overview

Symbol
NSE:INOXWIND
Industry
Industrials
Exchange
NSE
Currency
INR

What Inox Wind does

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

Inox Wind Limited designs, manufactures and supplies wind turbine generators (WTGs) and provides end-to-end turnkey solutions spanning project conception, manufacturing, erection, commissioning and long-term operations & maintenance (O&M). It earns revenue both from turnkey EPC contracts and standalone equipment-supply orders to PSUs, IPPs, C&I customers and retail developers. Its subsidiary Inox Renewable Solutions Limited (IRSL, formerly Resco Global) provides EPC services for wind and solar projects and power evacuation infrastructure, while subsidiary Inox Green Energy Services (IGESL) offers long-term renewable O&M services. The company is part of the multi-billion-dollar INOXGFL Group, a diversified conglomerate spanning fluoropolymers, battery chemicals, wind turbines, EPC and renewable O&M.

Segments

  • Wind turbine (WTG) manufacturing & equipment supply
  • EPC / turnkey project execution
  • Operations & Maintenance (O&M)
Installed WTG manufacturing capacity
>2.5 GW annually
Manufacturing facilities
4-5 facilities across Gujarat, Himachal Pradesh and Madhya Pradesh (plants at Una, Himachal Pradesh and Rohika, Ahmedabad, Gujarat)
WTG platforms offered
2 MW and 3 MW class, with a 4.X MW platform in development
Operational track record
>13 years
IRSL (EPC subsidiary) cumulative project execution
>3 GW of projects executed across India
Inox Green O&M portfolio under management
>13 GWp+ of renewable assets (~10.5 GW wind, balance solar)
Headquarters Noida, Uttar Pradesh Company website

How the price took the results

close before → close after

Q1 FY27
−0.3%
7 Aug
Q4 FY26
−2.9%
29 May
Q3 FY26
−2.7%
13 Feb
Q2 FY26
+0.1%
14 Nov

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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