Inox Wind

What does Inox Wind do?

Inox Wind Limited is a major Indian provider of wind energy solutions, with a market cap of Rs 24,029 Cr and reported net sales of 1,275 Cr and net profit of 187 Cr for March 2025. The company operates in the Heavy Electrical Equipment industry and has a P/E ratio of 53.00.

Overview: <BR>Inox Wind Limited is a leading provider of wind energy solutions in India, operating within the Heavy Electrical Equipment industry and categorized as a Large Cap company.<BR><BR>History: <BR>Inox Wind was incorporated in an unspecified year and has maintained its status as a key player in the wind energy sector. The latest quarterly results reported are for March 2025, showcasing significant sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,275 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 187 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 24,029 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 53.00 <BR>Industry P/E: 60 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.22 <BR>Return on Equity: 8.98% <BR>Price to Book: 4.75 <BR><BR>Contact Details: <BR>Address: Plot No 1 Khasra No 264-267, Industrial Area Village Basal Una Himachal Pradesh : 174103 <BR>Tel: 91-1975-272001 <BR>Email: investors.iwl@inoxwind.com <BR>Website: http://www.inoxwind.com

Who are in the management team of Inox Wind?

As of March 2023, Inox Wind's management team includes Devansh Jain and Manoj Shambhu Dixit as Whole-time Directors, along with Shanti Prashad Jain, V Sankaranarayanan, Bindu Saxena as Non-Executive & Independent Directors, Deepak Banga as Company Secretary & Compliance Officer, and Mukesh Manglik as a Director. The team reflects a diverse leadership structure.

As of March 2023, the management team of Inox Wind includes the following individuals:<BR><BR>1. Devansh Jain - Whole-time Director<BR>2. Shanti Prashad Jain - Non-Executive & Independent Director<BR>3. V Sankaranarayanan - Non-Executive & Independent Director<BR>4. Deepak Banga - Company Secretary & Compliance Officer<BR>5. Bindu Saxena - Non-Executive & Independent Director<BR>6. Mukesh Manglik - Director<BR>7. Manoj Shambhu Dixit - Whole-time Director<BR><BR>As of March 2023, Inox Wind's management team comprises a mix of whole-time directors, independent directors, and a compliance officer, reflecting a diverse leadership structure.

When is the next results date for Inox Wind?

No Upcoming Board Meetings

What is the bonus history of the Inox Wind?

Inox Wind announced a 3:1 bonus issue, with an ex-date of May 24, 2024, and a record date of May 25, 2024. Shareholders will receive three additional shares for every one share held.

Inox Wind has a recent bonus issue history where they announced a 3:1 bonus issue. The ex-date for this bonus is set for May 24, 2024, with the record date being May 25, 2024. This means that for every one share held, shareholders will receive three additional shares. If you have any more questions about Inox Wind or its operations, feel free to ask!

Has Inox Wind declared dividend?

No Dividend History Available

Who are the peers of the Inox Wind?

Inox Wind's peers include A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Triveni Turbine, Schneider Electric, T R I L, and Inox Wind Energy. Management risk varies from excellent at CG Power & Ind and Triveni Turbine to below average at Inox Wind, with Inox Wind Energy showing the highest 1-year return at 48.21%.

Peers: The peers of Inox Wind are A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Triveni Turbine, Schneider Elect., T R I L, and Inox Wind Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at CG Power & Ind and Triveni Turbine, while Good management risk is found at A B B, Siemens, and Schneider Elect. Average management risk is present at Suzlon Energy, BHEL, and T R I L, while Below Average management risk is noted for Inox Wind and Inox Wind Energy. In terms of Growth, Excellent growth is seen at Suzlon Energy, BHEL, Inox Wind, Inox Wind Energy, and the rest have Good or Below Average growth. Capital Structure ratings show Excellent at A B B and Triveni Turbine, Good at CG Power & Ind and BHEL, while Below Average is noted for Inox Wind, Inox Wind Energy, and Schneider Elect.<BR><BR>Return Snapshot: Inox Wind Energy has the highest 1-year return at 48.21%, while A B B has the lowest at -31.48%. Inox Wind's own 1-year return is 19.22%, which is significantly higher than A B B's but lower than Inox Wind Energy's. Additionally, the peers with negative six-month returns include A B B, Siemens, and Triveni Turbine.

Is Inox Wind overvalued or undervalued?

As of February 12, 2024, Inox Wind is considered very expensive and overvalued, with a PE ratio of 52.93 and poor recent performance compared to the Sensex, despite a strong historical return of 698.70%.

As of 12 February 2024, the valuation grade for Inox Wind has moved from risky to very expensive. The company is currently overvalued. Key ratios indicate this, with a PE ratio of 52.93, an EV to EBITDA of 32.71, and a Price to Book Value of 4.75. <BR><BR>In comparison with peers, NTPC Green has a significantly higher PE ratio of 187.3, while Suzlon Energy stands at 43.7. These comparisons highlight that Inox Wind's valuation is not justified given its financial metrics. Additionally, despite a strong historical return of 698.70% over the past three years, the recent stock performance has lagged behind the Sensex, which returned 49.20% in the same period, further emphasizing the overvaluation concern.

Who are the top shareholders of the Inox Wind?

The top shareholders of Inox Wind include promoters, with Inox Leasing And Finance Limited holding 26.66%, and institutional investors, including mutual funds with 6.99% and foreign institutional investors at 13.7%. Individual investors own 19.05%, while the largest public shareholder is Smallcap World Fund, Inc. with 3.76%.

The top shareholders of Inox Wind include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Inox Leasing And Finance Limited being the largest promoter, holding 26.66%. <BR><BR>In terms of institutional holdings, mutual funds are represented by 24 schemes, accounting for 6.99% of the shares, while foreign institutional investors (FIIs) hold 13.7% through 158 different entities. The highest public shareholder is Smallcap World Fund, Inc, with a stake of 3.76%. Individual investors collectively hold 19.05% of the company's shares. <BR><BR>Overall, the ownership structure reflects a strong presence of both promoters and institutional investors in Inox Wind.

How big is Inox Wind?

As of 24th July, Inox Wind Ltd has a market capitalization of 34,293.00 Cr, with recent net sales of 3,557.14 Cr and a net profit of 448.23 Cr. The company reported shareholder's funds of 1,697.35 Cr and total assets of 6,241.91 Cr for the annual period ending March 2024.

As of 24th July, Inox Wind Ltd has a market capitalization of 34,293.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, Inox Wind reported Net Sales of 3,557.14 Cr and a Net Profit of 448.23 Cr.<BR><BR>For the latest annual period ending March 2024, the company had Shareholder's Funds amounting to 1,697.35 Cr and Total Assets of 6,241.91 Cr.

How has been the historical performance of Inox Wind?

Inox Wind has shown significant recovery in its historical performance, with net sales increasing from 1,746.30 Cr in Mar'24 to 3,557.15 Cr in Mar'25, and a turnaround in profitability, achieving a profit after tax of 435.05 Cr in Mar'25 after previous losses. Despite rising raw material costs, the company has improved its operating profit and cash flow, indicating a strong growth trajectory.

Answer:<BR>The historical performance of Inox Wind shows significant fluctuations over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Inox Wind's net sales have seen a substantial increase from Mar'24 to Mar'25, rising from 1,746.30 Cr to 3,557.15 Cr, indicating a strong growth trajectory. The total operating income also reflects this trend, moving from 1,746.30 Cr in Mar'24 to 3,557.15 Cr in Mar'25. However, the raw material costs have escalated, increasing from 1,037.94 Cr in Mar'24 to 2,054.11 Cr in Mar'25. Despite these rising costs, the operating profit (PBDIT) has improved significantly, turning from a loss of 242.32 Cr in Mar'23 to a profit of 901.56 Cr in Mar'25. The profit before tax has also turned positive, reaching 536.81 Cr in Mar'25 after a series of losses in previous years. The profit after tax has similarly rebounded, achieving 435.05 Cr in Mar'25 compared to losses in the preceding years. On the balance sheet, total assets increased from 6,336.52 Cr in Mar'24 to 8,444.94 Cr in Mar'25, while total liabilities also rose, reflecting the company's growing scale. The cash flow from operating activities improved to 137.00 Cr in Mar'25, contrasting with negative cash flows in earlier years, and the closing cash and cash equivalents stood at 21.00 Cr in Mar'25, up from 12.00 Cr in Mar'24. Overall, Inox Wind's financial performance indicates a recovery and growth phase, particularly in revenue and profitability metrics.

Is Inox Wind technically bullish or bearish?

As of December 1, 2025, the market trend has shifted to a bearish stance with weak strength, supported by bearish signals from the weekly MACD, Bollinger Bands, and daily moving averages, despite some mild bullishness in the KST on the weekly timeframe.

As of 1 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with weak strength. The weekly MACD is bearish, and Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. Daily moving averages also confirm a bearish outlook. The KST shows mild bullishness on the weekly but remains mildly bearish monthly, indicating mixed signals. Overall, the lack of strong bullish indicators and consistent bearish signals across multiple time frames supports the bearish stance.

Are Inox Wind Ltd latest results good or bad?

Inox Wind Ltd's latest results show strong sequential growth with a net profit increase of 27.95% quarter-on-quarter and a 32.50% rise in net sales year-on-year. However, concerns about declining year-on-year profit growth and a 39.63% drop in stock value over the past year suggest cautious investor sentiment regarding future sustainability.

Inox Wind Ltd's latest results present a mixed picture. On the positive side, the company reported a consolidated net profit of ₹117.39 crore, which is a 27.95% increase quarter-on-quarter and a slight 0.63% increase year-on-year. Additionally, net sales reached ₹1,207.45 crore, reflecting a robust 7.89% growth from the previous quarter and a significant 32.50% increase compared to the same quarter last year. The operating margin also improved, reaching 23.32%, marking the highest quarterly margin achieved.<BR><BR>However, there are notable concerns. The year-on-year growth in consolidated net profit is considerably lower than in previous periods, indicating potential margin compression and operational challenges. The profit after tax (PAT) margin has contracted by 166 basis points year-on-year, which raises questions about the sustainability of profitability despite strong revenue growth.<BR><BR>Moreover, the stock has underperformed, declining 39.63% over the past year, which contrasts sharply with the operational improvements the company has made. This decline suggests that investor sentiment may be cautious, possibly due to concerns about future growth sustainability and high volatility, as indicated by the stock's beta of 1.82.<BR><BR>In summary, while Inox Wind has shown strong sequential growth and operational improvements, the year-on-year performance and stock market reaction indicate that the results are viewed with caution.

Should I buy, sell or hold Inox Wind Ltd?

Why is Inox Wind Ltd falling/rising?

As of 13-Mar, Inox Wind Ltd's stock price is at Rs 79.61, down 4.94%, with a significant decline of 25.18% over the past month and 50.58% over the past year. The company faces challenges with high debt levels and low profitability, contributing to its ongoing stock price decline.

As of 13-Mar, Inox Wind Ltd's stock price is falling, currently at Rs 79.61, reflecting a decrease of Rs 4.14 or 4.94%. This decline is evident in the stock's performance over various periods, with a significant drop of 25.18% over the past month and a staggering 50.58% over the past year, contrasting sharply with the Sensex, which has gained 1.00% in the same timeframe.<BR><BR>The stock is also nearing its 52-week low, being only 0.46% away from Rs 79.24. Today's trading has seen the stock underperforming its sector by 1.89%, with an intraday low of Rs 79.38, marking a 5.22% decrease. Furthermore, Inox Wind is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Despite some positive long-term growth indicators, such as a 46.29% annual growth in net sales and a 33.21% increase in operating profit, the company faces significant challenges. It has a high Debt to EBITDA ratio of 3.12 times, suggesting a low ability to service its debt, and a low Return on Equity (ROE) of 2.29%, indicating low profitability relative to shareholders' funds. Additionally, while institutional holdings are relatively high at 24.53%, their increased stake by 1.29% over the previous quarter has not translated into positive stock performance.<BR><BR>Overall, the combination of poor recent performance, high debt levels, and low profitability metrics contributes to the ongoing decline in Inox Wind Ltd's stock price.

Why is Inox Wind Ltd falling/rising?

As of 14-Mar, Inox Wind Ltd's stock price is at Rs 79.61, down 4.94%, and has significantly underperformed with a year-to-date decline of 35.59%. Despite some long-term growth in sales and profit, high debt levels and low profitability metrics contribute to the ongoing bearish trend.

As of 14-Mar, Inox Wind Ltd's stock price is falling, currently at Rs 79.61, reflecting a decrease of Rs 4.14 or 4.94%. The stock has underperformed significantly over various periods, with a year-to-date decline of 35.59% compared to a 12.50% drop in the benchmark index, Sensex. Over the past year, the stock has plummeted by 50.58%, while the broader market has gained 1.00%. <BR><BR>Today's performance indicates that the stock is close to its 52-week low, just 0.46% away from Rs 79.24. It has also touched an intraday low of Rs 79.38, marking a 5.22% decline. The stock is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend.<BR><BR>Additionally, the renewable energy sector, in which Inox Wind operates, has seen a decline of 3.01%. Despite a rise in investor participation, with delivery volume increasing by 62.56% against the 5-day average, the overall sentiment remains negative due to the company's high Debt to EBITDA ratio of 3.12 times, indicating a low ability to service debt. This financial strain is compounded by a low Return on Equity of 2.29%, suggesting limited profitability.<BR><BR>While the company has reported healthy long-term growth in net sales and operating profit, these positive factors are overshadowed by its significant underperformance relative to the market and the high valuation metrics, such as a Price to Book Value of 2.1. Consequently, these elements contribute to the ongoing decline in Inox Wind Ltd's stock price.

Why is Inox Wind Ltd falling/rising?

As of 15-Mar, Inox Wind Ltd's stock price is declining, currently at Rs 79.61, down 4.94%. The stock has significantly underperformed over various periods, with a year-to-date decrease of 35.59% and a 50.58% drop over the last year, amid high debt levels and low profitability metrics.

As of 15-Mar, Inox Wind Ltd's stock price is falling, currently at Rs 79.61, which reflects a decrease of Rs 4.14 or 4.94%. This decline is evident in its performance over various periods, with the stock down 5.08% over the past week and a significant 25.18% over the past month. Year-to-date, the stock has decreased by 35.59%, and over the last year, it has plummeted by 50.58%, contrasting sharply with the Sensex, which has gained 1.00% during the same period.<BR><BR>The stock is also close to its 52-week low, just 0.46% away from Rs 79.24. Today's trading performance indicates that it has underperformed its sector by 1.89%, and it reached an intraday low of Rs 79.38, marking a 5.22% drop. Additionally, Inox Wind is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Despite some positive factors, such as healthy long-term growth in net sales and operating profit, the company faces significant challenges. It has a high Debt to EBITDA ratio of 3.12 times, indicating a low ability to service its debt. Furthermore, the stock's return on equity (ROE) is low at 2.29%, suggesting low profitability per unit of shareholders' funds. The stock has also underperformed the broader market, which has generated positive returns while Inox Wind has seen substantial losses.<BR><BR>In summary, the combination of poor recent performance, high debt levels, and low profitability metrics contributes to the ongoing decline in Inox Wind Ltd's stock price.

Which are the latest news on Inox Wind?