| Management target | Revenue FY28 |
|---|
| Revenue growth | Total income +58% QoQ, +19% YoY |
|---|---|
| Margins | EBITDA margin ~17% vs 26% Q2FY26; ~20% if WWIL O&M recognised |
| Order book | ~3.8GW (Oct-26); NTPC, CESC, NLC India, Aditya Birla |
| Demand visibility | Order book ~3.8GW; >24 months visibility |
| Management confidence | Expects margins to normalise as newer bids reprice |
Growth
Total income +58% QoQ and +19% YoY (vs Rs1,162cr). PAT Rs69cr, down 43% YoY; EBITDA Rs238cr vs Rs306cr.
Outlook
FY28 guidance: revenue ~Rs7,500cr, EBITDA margin ~20%. WWIL O&M consolidated into Inox Green from Q3 FY27. Order book ~3.8GW.
Risks
West Asia war-driven commodity inflation compressing margins. EBITDA excludes unrecognised WWIL O&M income. Net debt Rs423cr.
Last quarter's promises, checked
Delivered
- Guided significant Q2 lift → Q2 total income +58% QoQ (= BEAT)
Partly delivered
- Guided 4X commercial launch ~Sep-26 → 4.X MW WTG listed, date unconfirmed (= PARTIAL)
- Guided USS launch FY27 → in-house USS listed, timing unconfirmed (= PARTIAL)
Missed
- Guided FY27 EBITDA margin 20-22% → Q2 ~17% (= MISS)
- Guided FY27 revenue +75% YoY → Q1 flat, Q2 +19% YoY (= MISS to date)
- Guided 4.4GW backlog → 3.8GW (Oct-26) (= MISS)
Investor Presentation filed with BSE, NSE: INOXWIND. Summary written with AI assistance from the document.
Inox Wind Ltd: key numbers
- Share price
- ₹64.45
- Market cap
- ₹11,138 Cr
- Revenue (annual)
- ₹4,398 Cr
- Net profit (annual)
- ₹405.0 Cr
- P/E (TTM)
- 34.7×Sector 52.1×
- Promoter holding
- 44.18%+0.00% QoQ
- FII holding
- 12.17%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 Q2 FY27 Results: Net Profit ₹68.5 Cr, Down 43.2% YoY
Inox Wind Ltd reported revenue from operations of ₹1,354 Cr (+21.0% YoY) and net profit of ₹68.5 Cr (-43.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹68.5 Cr · -43.2% YoY
Inox Wind Board Meeting Date
Inox Wind's board meets on 13 November 2026 to consider unaudited quarterly results. The trading window remains closed until 48 hours after results submission.
Inox Wind Other Announcement
Inox Wind submitted the mandatory quarterly dematerialization certificate under SEBI Regulation 74(5) for the period ended September 30, 2026.
Inox Wind Annual General Meeting
Inox Wind Ltd announced the voting results for its Annual General Meeting held on September 25, 2026. All seven resolutions were passed by the shareholders.
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