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Earnings Call

Inox Green Energy Services Earnings Call: Key Takeaways

Inox Wind and Inox Green reported Q4 FY26 earnings with strong margin delivery despite geopolitical execution headwinds. Strategy shifts from turnkey EPC to equipment supply (75% target) to improve working capital.

Why this was an Alfa AlertManagement guides >50% YoY revenue growth (specifically 75% growth) for FY27.
Highlights
Revenue growthFY27 guidance of 75% growth over FY26.
MarginsInox Green O&M margins at ~50%; Wind EBITDA >20%.
Order book3.1 GW diversified order book; 24-month visibility.
Demand visibilityStrong; 8-10 GW annual wind capacity addition expected in India.
Management confidenceHigh, citing 'massive transformation' and 24-month execution visibility.

Growth

Inox Wind Q4 revenue INR 1,306cr (flat YoY); PAT INR 106cr. Inox Green Q4 total income INR 120cr (up 40% YoY).

Outlook

FY27 revenue guidance: 75% growth over FY26; Inox Green EBITDA guidance: >INR 600cr. Launching 4.4-MW turbine in 2026.

Risks

Geopolitical issues causing supply chain/logistics delays; payment delays in PSU contracts; commodity price fluctuations.

Source

Earnings Call filed with BSE, 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