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Earnings Call

Inox Green Energy Services Earnings Call: Key Takeaways

Management pivots Inox Wind toward an equipment-supply model while scaling Inox Green as India's largest renewable O&M player via aggressive acquisitions and internal group synergies.

Why this was an Alfa AlertGrowth is high, but no material beat of at least 10% above prior management guidance was explicitly confirmed.
Highlights
Revenue growthFY27 revenue guided to grow 75% YoY; Inox Green income up 40%.
MarginsInox Green O&M margins healthy at 50%; Wind margins 20-22% following pivot.
Order bookRobust 3.1 GW order book provides over 24 months of execution visibility.
Demand visibilityStrong sectoral tailwinds from RTC and hybrid capacity additions.
Management confidenceAggressive and optimistic, leveraging group synergies for a massive transformation.

Growth

Strong Q4 with 40% income growth in Inox Green; pivot to 75% equipment supply improves working capital.

Outlook

FY27 revenue guidance up 75% YoY; EBITDA margins targeted at 20-22%; O&M portfolio to hit 13GW+.

Risks

Persistent PSU payment delays and geopolitical logistic disruptions impact project execution timelines and cash flows.

Source

Earnings Call filed with NSE, NSE: INOXGREEN. Summary written with AI assistance from the document.

Read the document ↗

Inox Green Energy Services Ltd: key numbers

Share price
₹172.32
Market cap
₹6,919 Cr
Revenue (annual)
₹281.0 Cr
Net profit (annual)
₹103.5 Cr
P/E (TTM)
56.8×Sector 25.1×
Promoter holding
56.12%+0.00% QoQ
FII holding
7.86%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Inox Green Energy Services Earnings Call Transcript: Key Takeaways

Inox Wind and Green Energy show strong FY27 Q1 results, pivoting from turn-key to equipment supply to improve working capital. Consolidation of strategic acquisitions and robust group synergies drive growth despite investor skepticism on historical execution.

Call
Guides 75% growth