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 17-Mar, Inox Wind Ltd's stock price is Rs 78.49, showing a slight increase but a significant decline of 21.39% over the past month and 50.97% over the last year. Despite positive sales growth and increased investor interest, the stock faces challenges with high debt levels and underperformance compared to the market.

As of 17-Mar, Inox Wind Ltd's stock price is currently at Rs 78.49, reflecting a slight increase of 0.04 (0.05%). Despite this minor rise, the stock has been experiencing a significant downward trend over the past month, with a decline of 21.39%, and a year-to-date drop of 36.50%. Over the last year, the stock has fallen by 50.97%, which indicates a substantial underperformance compared to the broader market, as the Sensex has gained 2.56% during the same period.<BR><BR>The stock's recent performance shows a trend reversal, gaining after two consecutive days of decline. However, it remains close to its 52-week low, just 1.64% away from Rs 77.2. Additionally, Inox Wind is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish sentiment.<BR><BR>On a positive note, there has been a rise in investor participation, with delivery volume increasing by 1.72% against the 5-day average, indicating some renewed interest. The company has also reported healthy long-term growth, with net sales growing at an annual rate of 46.29% and operating profit at 33.21%. Furthermore, the company has declared positive results for the last 12 consecutive quarters, with net sales in the latest six months reaching Rs 2,326.63 crore, reflecting a growth of 41.50%.<BR><BR>However, the stock faces challenges, including a high Debt to EBITDA ratio of 3.12 times, indicating a low ability to service debt. The return on equity (ROE) is relatively low at 2.29%, which signifies low profitability per unit of shareholders' funds. Despite the company's profits rising by 128.5% over the past year, the stock has still generated negative returns, leading to a PEG ratio of 0.4, suggesting that it is trading at a discount compared to its peers' average historical valuations.<BR><BR>In summary, while there are some positive indicators such as growth in sales and increased institutional holdings, the overall performance of Inox Wind Ltd has been negatively impacted by significant declines in stock price, high debt levels, and underperformance relative to the market.

Why is Inox Wind Ltd falling/rising?

As of 18-Mar, Inox Wind Ltd's stock price is rising to Rs 82.00, reflecting a 4.87% increase due to a trend reversal, strong sector performance, and positive financial growth. Institutional support further enhances investor confidence in the stock's upward momentum.

As of 18-Mar, Inox Wind Ltd's stock price is rising, currently at Rs 82.00, reflecting a change of 3.81 (4.87%) upward. This rise can be attributed to several factors. Firstly, the stock has experienced a trend reversal, gaining after three consecutive days of decline. Additionally, it has outperformed its sector by 2.38%, indicating a positive shift in investor sentiment.<BR><BR>The stock reached an intraday high of Rs 82.2, which is a 5.13% increase, suggesting strong buying interest at that level. Furthermore, the renewable energy sector, in which Inox Wind operates, has seen a gain of 2.5%, likely contributing to the stock's upward movement.<BR><BR>Despite a recent decline in investor participation, with delivery volume falling by 8.84% against the five-day average, the company shows healthy long-term growth prospects. Net sales have grown at an annual rate of 46.29%, and operating profit has increased by 33.21%. The company has also reported positive results for the last 12 consecutive quarters, with a profit after tax of Rs 209.14 crore, reflecting a growth of 38.95%.<BR><BR>Moreover, high institutional holdings at 24.53% suggest confidence from larger investors, who have increased their stake by 1.29% over the previous quarter. This institutional support can provide stability and potential upward momentum for the stock.<BR><BR>In summary, the combination of a trend reversal, sector performance, strong financial growth, and institutional backing are key factors contributing to the rise in Inox Wind Ltd's stock price.

Why is Inox Wind Ltd falling/rising?

As of 19-Mar, Inox Wind Ltd's stock price is at Rs 78.04, reflecting a significant decline of 4.83%. The stock has underperformed over various periods, with a year-to-date drop of 36.86% and a year-over-year decline of 53.73%, amid concerns over high debt levels and low profitability.

As of 19-Mar, Inox Wind Ltd's stock price is falling, currently at Rs 78.04, which reflects a decrease of Rs 3.96 or 4.83%. This decline is part of a broader trend, as the stock has underperformed significantly over various time periods, including a 1-week drop of 6.82% and a 1-month decline of 19.17%. Year-to-date, the stock has fallen by 36.86%, and over the past year, it has plummeted by 53.73%, contrasting sharply with the Sensex, which has only decreased by 1.65% during the same period.<BR><BR>Today's performance shows that Inox Wind is trading close to its 52-week low, just 1.08% above Rs 77.2. The stock touched an intraday low of Rs 77.63, marking a 5.33% drop. Additionally, it has underperformed its sector by 2.31% today, and the overall renewable energy sector has also seen a decline of 2.57%. The trading volume indicates a lack of investor interest, with delivery volume falling by 12.17% compared to the 5-day average.<BR><BR>The company's financial health raises concerns, particularly its high Debt to EBITDA ratio of 3.12 times, indicating a low ability to service debt. Despite reporting positive results over the last 12 quarters, the stock's return on equity is low at 2.29%, suggesting limited profitability. Furthermore, while institutional holdings are relatively high at 24.53%, indicating some confidence from larger investors, the stock's valuation remains expensive with a Price to Book Value of 2.1, which may deter potential buyers.<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 20-Mar, Inox Wind Ltd's stock price is at Rs 81.82, reflecting a 4.84% increase. This rise is driven by strong sector performance, healthy long-term growth metrics, and positive investor sentiment, despite a significant decline over the past year.

As of 20-Mar, Inox Wind Ltd's stock price is rising, currently at Rs 81.82, reflecting a change of Rs 3.78 or 4.84% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.59% today, indicating positive sentiment among investors. Additionally, the stock reached an intraday high of Rs 84.38, which represents an 8.12% increase, showcasing strong intraday performance.<BR><BR>Moreover, the renewable energy sector, in which Inox Wind operates, has gained by 3.24%, contributing to the stock's positive momentum. The company has also demonstrated healthy long-term growth, with net sales growing at an annual rate of 46.29% and operating profit increasing at 33.21%. Furthermore, Inox Wind has reported positive results for the last 12 consecutive quarters, with net sales for the latest six months at Rs 2,326.63 crore, reflecting a growth of 41.50%, and a profit after tax of Rs 209.14 crore, which has grown by 38.95%.<BR><BR>Despite these positive indicators, it is important to note that the stock has faced challenges in the past year, with a significant decline of 52.28%. However, the recent performance and growth metrics suggest a potential recovery, supported by high institutional holdings at 24.53%, which have increased by 1.29% over the previous quarter, indicating confidence from larger investors in the company's fundamentals.

Why is Inox Wind Ltd falling/rising?

As of 23-Mar, Inox Wind Ltd's stock price is at 76.21, down 6.86%, having hit a 52-week low and significantly underperforming the market. Concerns over high debt levels and low profitability contribute to negative investor sentiment.

As of 23-Mar, Inox Wind Ltd's stock price is falling, currently at 76.21, reflecting a change of -5.61 (-6.86%). The stock has recently hit a new 52-week low of Rs. 75.7, indicating significant downward pressure. Over the past week, the stock has underperformed the sector by -2.17%, and it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend.<BR><BR>In terms of broader performance, the stock has declined by -20.82% over the past month and -38.34% year-to-date, significantly underperforming the Sensex, which has fallen by -12.72% and -14.70% respectively during the same periods. Over the last year, Inox Wind Ltd has experienced a staggering decline of -55.68%, while the market (BSE500) has only decreased by -3.31%. This stark contrast highlights the stock's substantial underperformance.<BR><BR>Despite some positive factors, such as healthy long-term growth in net sales and operating profit, the company's high Debt to EBITDA ratio of 3.12 times raises concerns about its ability to service debt, contributing to negative sentiment among investors. Additionally, while institutional holdings are relatively high at 24.53%, the overall market perception remains cautious due to the company's low profitability per unit of shareholders' funds, as indicated by a Return on Equity of only 2.29%.<BR><BR>Overall, the combination of hitting a new low, underperformance relative to the sector and market, and concerns over debt servicing capabilities are key reasons for the decline in Inox Wind Ltd's stock price.

Why is Inox Wind Ltd falling/rising?

As of 24-Mar, Inox Wind Ltd's stock is rising to Rs 77.91, driven by increased investor participation and positive sector performance. However, it has faced significant declines over the past year, with a year-to-date drop of 36.97% and concerns regarding its high debt levels and low profitability.

As of 24-Mar, Inox Wind Ltd's stock price is rising, currently at Rs 77.91, reflecting an increase of 1.7 (2.23%). The stock opened with a gain of 3.77% today and reached an intraday high of Rs 79.6, which is a 4.45% increase. This upward movement can be attributed to several factors, including a rise in investor participation, as evidenced by a delivery volume of 58.62 lacs on 23 March, which is 40.97% higher than the 5-day average. Additionally, the Renewable Energy sector, in which Inox Wind operates, has gained by 2.5%, potentially contributing to positive sentiment around the stock.<BR><BR>Despite the stock's current rise, it is important to note that Inox Wind has experienced significant declines over longer periods, with a year-to-date drop of 36.97% and a 1-year decline of 54.90%. The stock is also trading lower than its moving averages across various timeframes, indicating a longer-term bearish trend. Furthermore, the company has a high Debt to EBITDA ratio of 3.12 times, which raises concerns about its ability to service debt, and its Return on Equity (ROE) is relatively low at 2.29%, suggesting low profitability.<BR><BR>In summary, while Inox Wind Ltd's stock is currently rising due to short-term factors such as increased investor participation and sector performance, it faces significant challenges that have led to substantial declines over the past year.

Why is Inox Wind Ltd falling/rising?

As of 25-Mar, Inox Wind Ltd's stock price is rising to Rs 81.86, up 5.07%, driven by strong sector performance and healthy long-term growth indicators. Despite a significant year-to-date decline, recent gains and positive investor sentiment are contributing to the stock's upward movement.

As of 25-Mar, Inox Wind Ltd's stock price is rising, currently at Rs 81.86, reflecting a change of Rs 3.95 or 5.07% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.08% today and has shown a consecutive gain over the last two days, with a total return of 7.41% during this period. Additionally, the renewable energy sector, in which Inox Wind operates, has gained by 3.04%, contributing positively to investor sentiment.<BR><BR>Moreover, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 46.29% and operating profit growing at 33.21%. The company has also reported positive results for the last 12 consecutive quarters, with a profit after tax of Rs 209.14 crore, reflecting a growth of 38.95%. High institutional holdings at 24.53% indicate confidence from larger investors, who have increased their stake by 1.29% over the previous quarter.<BR><BR>Despite these positive indicators, it is important to note that the stock has underperformed over longer periods, with a year-to-date decline of 33.77% and a one-year drop of 50.98%. However, the recent performance and positive sector trends appear to be driving the current rise in stock price.

Which are the latest news on Inox Wind?