| Management target | Revenue 75.0% FY27 |
|---|
| Revenue growth | Flat YoY this quarter; 75% growth guided for full year FY27. |
|---|---|
| Margins | EBITDA margins rising (27% consolidated) due to lower EPC mix. |
| Order book | Massive 4.4 GW backlog provides 24-36 months of execution visibility. |
| Demand visibility | Strong; 10-15 GW annual market capacity additions expected in India. |
| Management confidence | Highly confident, emphasizing strategic pivot to equipment supply and group synergies. |
Growth
Revenue of 872 Cr was flat YoY; however, EBITDA margins improved to 27% (Consolidated).
Outlook
Management guides for 75% Revenue growth in FY27 with 20-22% EBITDA margins.
Risks
Historical execution slippages and high trade receivables from legacy projects remain primary concerns.
Last quarter's promises, checked
Delivered
- Guided 3+ GW order book → delivered 3.1 GW (= BEAT)
- Guided IRSL demerger approval → delivered NCLT approved (= BEAT)
- Guided 50% O&M EBITDA margin → delivered 50% (= BEAT)
Partly delivered
- Guided 200 working capital days → delivered slippage due to ECS delays (= PARTIAL)
- Guided 4.4MW turbine launch → prototype on-track for calendar year (= PARTIAL)
Missed
- Guided INR 5,000 Cr revenue → delivered INR 4,600 Cr (= MISS)
- Guided flat YoY revenue → delivered INR 1,306 Cr flat YoY (= BEAT)
Earnings Call Transcript filed with BSE, NSE: INOXWIND. Summary written with AI assistance from the document.
Inox Wind Ltd: key numbers
- Share price
- ₹74.75
- Market cap
- ₹12,919 Cr
- Revenue (annual)
- ₹4,397 Cr
- Net profit (annual)
- ₹405.0 Cr
- P/E (TTM)
- 37.5×Sector 53.6×
- Promoter holding
- 44.18%+0.00% QoQ
- FII holding
- 14.53%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Inox Wind Ltd
All →Inox Wind Annual General Meeting
Inox Wind Limited held its 17th Annual General Meeting on September 25, 2026. The meeting covered routine business and various special resolutions as per the notice.
Inox Wind Business Update
Inox Wind clarifies that the previously announced 100 MW order was received from Terra Clean Limited, a wholly-owned subsidiary of Indian Oil Corporation Limited.
- turnkey order
- 100.0 MW
Inox Wind Annual Report
Inox Wind Ltd has filed its Annual Report for the financial year 2025-26, along with the notice for its 17th Annual General Meeting.
Inox Wind Annual General Meeting
Inox Wind Limited has scheduled its 17th Annual General Meeting on 25th September, 2026, via video conferencing to transact its ordinary and special business.
Inox Wind Bags ₹755 Cr Order from Indian Oil Corporation Limited
Inox Wind secured a 100 MW turnkey wind energy project order from Indian Oil Corporation. The contract is valued at approximately ₹755 Crore.
- Value
- ₹755.0 Cr
- From
- Indian Oil Corporation Limited
- wind energy capacity
- 100.0 MW
Inox Wind Investor Presentation: Key Takeaways
Inox Wind Q1 FY27 reported consolidated revenue of Rs 872 cr and EBITDA of Rs 237 cr. The company is pivoting towards equipment supply and leveraging group synergies for long-term growth.
- Call
- Guides 75% growth