Inox Wind Limited

Inox Wind Ltd dropped for a fifth straight session today. The stock is quoting at Rs 68.35, down 0.58% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 22478.35. The Sensex is at 72078.38, up 0.23%.Inox Wind Ltd has lost around 9.59% in last one month.Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has eased around 3.71% in last one month and is currently quoting at 36388.15, up 0.48% on the day. The volume in the stock stood at 37.22 lakh shares today, compared to the daily average of 102.57 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 68.65, down 0.68% on the day. Inox Wind Ltd tumbled 50.96% in last one year as compared to a 10.37% slide in NIFTY and a 3.37% spurt in the Nifty Energy index.The PE of the stock is 22.37 based on TTM earnings ending June 26.

Inox Wind Ltd is down for a fifth straight session today. The stock is quoting at Rs 69.93, down 2.59% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.45% on the day, quoting at 24066. The Sensex is at 76984.79, down 0.36%.Inox Wind Ltd has lost around 11.37% in last one month.Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has eased around 3.05% in last one month and is currently quoting at 38003.65, down 0.67% on the day. The volume in the stock stood at 94.38 lakh shares today, compared to the daily average of 125.54 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 70.27, down 2.83% on the day. Inox Wind Ltd tumbled 50.34% in last one year as compared to a 2.27% slide in NIFTY and a 10.52% spurt in the Nifty Energy index.The PE of the stock is 23.3 based on TTM earnings ending June 26.

Devansh Trademart LLP transferred 30,00,000 equity shares of Inox Wind Limited to Inox Leasing and Finance Limited on August 25, 2026, as part of an internal restructuring of shareholding within the promoter and promoter group, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. The transaction, valued at Rs 73.88 per share, falls under an exemption provided by the Securities and Exchange Board of India (SEBI) regulations and does not alter the aggregate holding of the promoter and promoter group, with Devansh Trademart LLP holding 15,20,18,522 shares, representing 8.80% of the company's total share capital post-transaction.

Devansh Trademart LLP plans to acquire 30,00,000 equity shares of Inox Wind Limited from Inox Leasing and Finance Limited by way of an inter-se transfer, representing 0.17% of the company's share capital, with the acquisition expected to occur on or after August 24, 2026, at the prevailing market price. The transaction, which is part of an internal restructuring within the promoter and promoter group of Inox Wind Limited, will increase Devansh Trademart LLP’s shareholding to 15,20,18,522 equity shares, or 8.80% of the total share capital.

Inox Wind Ltd share price softened by 0.06% to Rs 78.5 after the company's net profit plunged by 39.35% to Rs 64.09 crore, while revenue from operations dropped sharply 34.57% to Rs 814.1 crore in Q2FY26 over Q1FY26. The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.82 lakh crore, nosediving by 17.68%. It has inched up 1.90% over last one week and eased lower by 1.09% in last one month while the market capitalization of Inox Wind Ltd has improved by 0.33% and 24.23% in the same period respectively. Profit before tax (PBT) of Inox Wind Ltd stood at Rs 94.7 crore in Q2 FY26, tanking 31.15% year-on-year, and crashing by 34.19% quarter-on-quarter. EBITDA came in at Rs 95 crore, plunging by 35.62% YoY and tumbling by 31.39% sequentially. Total expenses saw a steep drop of 34.33% to Rs 720.22 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 446.24 crore, slumping by 20.27% YoY, while employee benefits expense was at Rs 50.28 crore, collapsing by 12.30% YoY. For the TTM ended FY26, revenue from operations soared by 103.70% to Rs 3557.15 crore, while net profit witnessed a sharp fall of 1045.14% to Rs 435.05 crore, compared to previous TTM. EBITDA jumped by 26878% to Rs 612.76 crore, and PBT tanked by 1356.87% to Rs 536.81 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 137.95 crore in FY26, as against Rs 366.4 crore in FY25. Inox Wind Ltd crashed 46.63% in last one year, underperforming the benchmark BSE Sensex which has eased by 1.97% during the same period.

Inox Wind announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 August 2026.

Under the agreement, IWL will supply its 3.3 MW and 4X MW wind turbine generators for renewable energy projects being developed by Inox Clean across India. The MoU is aligned with the INOXGFL Group's recently launched 'One Integrated' renewable energy strategy, which aims to build a fully integrated renewable energy ecosystem spanning manufacturing, EPC, independent power production (IPP) and operations & maintenance (O&M) services. Inox Clean, the Group's renewable energy IPP and solar cell and module manufacturing platform, currently has an operational renewable energy portfolio of around 3.5 GW and plans to add more than 3 GW of capacity annually. The company is targeting an operational renewable energy portfolio of 14 GW by FY29. According to the company, around 20%'30% of Inox Clean's annual capacity additions are expected to be wind projects, providing long-term order visibility for Inox Wind. Sanjeev Agarwal, CEO, Inox Wind Ltd., said, 'We are delighted to have signed this MoU with Inox Clean for the supply of 1,500 MW of advanced wind turbines. Inox Clean has ambitious plans to develop and deliver long-term clean energy solutions to its customers, and we are pleased to be a key partner in the Group's mission to accelerate India's energy transition, while also benefiting from a steady multi-year order inflow. We have a robust order book of 3.1 GW and, with this new MoU, our order book crosses 4.5 GW, which covers us for the next few years.' Bharat Saxena, CEO, Inox Clean Energy, said, 'This MoU represents a significant milestone in the execution of the INOXGFL Group's 'One Integrated' renewable strategy. As Inox Clean accelerates towards its target of building a 14 GW renewable energy portfolio by FY29, having access to world-class wind manufacturing, execution and O&M capabilities within the Group provides us with a distinct competitive advantage. The partnership with Inox Wind will enable faster project execution, greater supply chain certainty and improved capital efficiency as we continue to scale one of India's fastest-growing renewable energy platforms.' Inox Wind (IWL) is India's leading wind energy solutions provider servicing IPPs, utilities, PSUs & corporate investors. IWL is a fully integrated player in the wind energy market with four manufacturing plants in Gujarat, Himachal Pradesh, and Madhya Pradesh, where blades, tubular towers, and hubs & nacelles are manufactured. The company's consolidated net profit declined 51.2% to Rs 91.26 crore in Q4 FY26, compared with Rs 186.87 crore in Q4 FY25. Revenue from operations fell 2.4% year on year to Rs 1,244.24 crore in the quarter ended 31 March 2026.Powered by Capital Market - Live

Inox Wind Ltd rose for a third straight session today. The stock is quoting at Rs 91, up 1.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 23934.35. The Sensex is at 76624.33, up 0.47%. Inox Wind Ltd has dropped around 3.96% in last one month. Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has dropped around 0.54% in last one month and is currently quoting at 39493.95, up 0.6% on the day. The volume in the stock stood at 195.25 lakh shares today, compared to the daily average of 150.51 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 91.24, up 1% on the day. Inox Wind Ltd is down 45.43% in last one year as compared to a 3.7% fall in NIFTY and a 10.87% fall in the Nifty Energy index.The PE of the stock is 28.35 based on TTM earnings ending March 26.Powered by Capital Market - Live

Inox Wind has signed an MoU with Inox Clean Energy (Inox Clean) to supply 1,500 MW of wind turbines. The MoU is to supply Inox Clean with IWL's advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India. This is in line with the elaborate interplay within INOXGFL Group entities, aiding execution and revenue generation and creating a virtuous cycle of collaboration among Group companies. Large orders from the Group companies will help secure growth and insulate the business from market cycles. The MoU follows the Group's recently launched transformative 'One Integrated' renewable strategy, aimed at creating a fully integrated renewable energy ecosystem spanning manufacturing, EPC, IPP and O&M services. The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services and Inox Wind to create a scalable renewable energy powerhouse with enhanced execution capabilities, stronger recurring revenue streams and long-term growth visibility. As part of this strategy, Inox Clean'the Group's renewable IPP and solar cell & module manufacturing business'is rapidly emerging as one of the leading renewable platforms globally. The company has become one of the fastest renewable energy companies to achieve an operational portfolio of approximately 3.5 GW within the first two years of operations and plans to add over 3 GW of renewable capacity annually going forward. Inox Clean is targeting an operational renewable portfolio of 14 GW by FY29. Approximately 20%-30% of these annual additions are expected to be wind, translating into multi-year recurring order visibility for Inox Wind and creating a strong foundation for sustained growth.

Inox Wind announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 June 2026.