539083
Inox Wind Ltd
BSELast Traded Price
₹71.76
-0.29 (-0.40%)
Open
₹72.89
High
₹72.89
Low
₹71.29
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₹72.05
Industry
Capital Goods
Market Cap
12,401.83 Cr
Filing History
Recent corporate announcements and filings for 539083
Ownership
Neutral
2026-08-27 13:09
- Inter-se transfer of 3,000,000 equity shares (0.17%) of Inox Wind Limited on August 25, 2026.
- Devansh Trademart LLP acquired shares from Inox Leasing and Finance Limited at ₹73.88 per share.
- This internal restructuring between Promoter Group entities keeps the aggregate promoter holding unchanged.
Ownership
Neutral
2026-08-26 17:38
- Devansh Trademart LLP (Promoter Group) acquired 30,00,000 equity shares (0.17%) of Inox Wind Limited from Inox Leasing and Finance Limited (Promoter Group) via inter-se transfer on August 25, 2026. Devansh Trademart LLP's holding increased to 8.80%.
Ownership
Neutral
2026-08-26 17:36
- Inox Leasing and Finance Limited, part of the Promoter Group, sold 30,00,000 equity shares of Inox Wind Limited. - The shares were transferred to Devansh Trademart LLP, also a Promoter Group entity, via an inter-se transfer on August 25, 2026. - The promoter group holding decreased from 27.71% to 27.54%.
Ownership
Neutral
2026-08-19 10:55
- Devansh Trademart LLP (promoter group) to acquire 30,00,000 equity shares (0.17%) of Inox Wind Limited from Inox Leasing and Finance Limited (promoter group) via inter-se transfer. The acquisition is scheduled on or after August 24, 2026.
Governance
Neutral
2026-08-14 13:47
- Inox Wind Limited announced the voting results and Scrutinizer's Report of its 14th Extra-Ordinary General Meeting (EGM) held on August 13, 2026.
- The resolution for the 'Approval of material related party transactions' was passed with the requisite majority.
- 94.01% of the votes polled were in favour of the resolution.
Governance
Neutral
2026-08-13 18:11
- 14th Extra-ordinary General Meeting (EGM) of Inox Wind Limited was held on August 13, 2026, via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
- Shri Manoj Dixit, Whole-time Director, chaired the meeting.
- Members considered and voted on the approval of material related party transactions.
- E-voting results will be declared within 2 working days.
Business Update
Positive
2026-08-12 18:36
- Inox Wind reported Q1 FY27 Consolidated Revenue of ₹872Cr, Adjusted EBITDA of ₹237Cr, and PAT of ₹64Cr, with operations for the quarter being at par year-on-year.
- Inox Green reported Q1 FY27 Standalone Total Income of ₹101Cr (▲17% YoY), EBITDA of ₹57Cr (▲19% YoY), and PAT of ₹41Cr (▲86% YoY).
- The company's order book stands at 4.4 GW as of July 2026, providing 24-36 months of execution visibility. It secured an MOU for 1.5 GW with INOX Clean Energy (500 MW firm orders signed) and an LOA for 200 MW from NLC India.
- Management maintains FY27 guidance of 75% YoY revenue growth and 20-22% EBITDA margin for INOX Wind (consolidated), with the business being H2 heavy. INOX Green expects a 50% EBITDA margin on its O&M business.
- A strategic pivot towards equipment supply from turnkey EPC is expected to yield long-term financial benefits from Q3 FY27 onwards.
- NCLT approval for INOX Green's acquisition of Wind World India Limited was received, with formalities expected to complete in Q2 FY27, adding ~4.5 GW to its O&M portfolio.
- Demerger of power evacuation infrastructure business from INOX Green to INOX Renewable Solutions Limited (IRSL) was completed on August 1, 2026, with IRSL expected to be listed.
Ownership
Negative
2026-08-12 11:24
- SMALLCAP World Fund, Inc. sold 14,026,367 shares (2.0839%) of Inox Wind Ltd. via open market on August 10, 2026.
- Their stake decreased from 5.1805% to 3.0966%.
Routine
Neutral
2026-08-07 20:44
New Filing detected. See link for details.
Routine
Neutral
2026-08-07 20:31
New Filing detected. See link for details.
Financials
Positive
2026-08-07 16:38
- Consolidated Total Income ₹872 Cr vs ₹863 Cr (▲1% YoY)
- Consolidated EBITDA ₹237 Cr vs ₹245 Cr (▼3% YoY)
- PAT ₹64 Cr vs ₹97 Cr (▼34% YoY)
- EBITDA Margin 27.2% vs 28.4% (▼120bps)
- Signed firm agreement for 500 MW wind turbines for up to ₹3,500 Cr from Inox Clean.
- Received 200 MW turnkey order from NLC India Ltd.
- FY27 Revenue guidance of 75% growth over FY26.
- FY27 EBITDA margin guidance of 20-22%.
Financials
Negative
2026-08-07 16:24
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹81,410 Lakh vs ₹82,625 Lakh (▼1.5% YoY)
- EBITDA ₹21,009 Lakh vs ₹22,000 Lakh (▼4.5% YoY)
- PAT ₹6,409 Lakh vs ₹9,734 Lakh (▼34.2% YoY)
- EBITDA Margin 25.8% vs 26.6% (▼80bps)
- Board approved the re-appointment of Ms. Madhurima Sayan Das as an Independent Director for a second term of 1 year.
Financials
Negative
2026-08-07 16:17
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹814.10 Cr vs ₹826.25 Cr (▼1.5% YoY)
- EBITDA ₹210.09 Cr vs ₹220.00 Cr (▼4.5% YoY)
- PAT ₹64.09 Cr vs ₹97.34 Cr (▼34.2% YoY)
- EBITDA Margin 25.8% vs 26.6% (▼82bps)
- Board approved the re-appointment of Ms. Madhurima Sayan Das as an Independent Director for a second term of one year.
- Auditors highlighted an Emphasis of Matter regarding expired EPCG licenses with statutory liabilities of ₹43.06 Cr (including interest) where applications for extension are pending, though management believes there will be no significant impact.
Business Update
Neutral
2026-08-04 19:15
- Concall Schedule
- Concall Date: Friday, August 07, 2026
- Concall Time: 05:00 P.M. (IST)
Governance
Neutral
2026-08-03 19:21
- Board Meeting scheduled for Friday, 7th August, 2026.
- Purpose: To consider and approve Un-audited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026.
- Trading window closed from 1st July, 2026.
Business Update
Positive
2026-07-29 07:40
- Order Win: Inox Wind secured a 200 MW turnkey order from NLC India Limited.
- Order Value: ₹1,600 crore.
- Completion Timeline: 24 months.
- Scope: Includes supply of wind turbine generators, engineering, procurement & construction (EPC), and post-commissioning operations and maintenance services.
Governance
Neutral
2026-07-22 20:07
- Notice of 14th Extra-ordinary General Meeting (EGM) on August 13, 2026, at 12:00 PM (IST) via VC/OAVM.
- To approve material related party transactions: sale of WTGs up to ₹3,500 Cr to Inox Clean Energy Ltd till March 2029 and credit support up to ₹500 Cr to Inox Green Energy Services Ltd for 12 months.
Routine
Neutral
2026-06-30 18:39
- The trading window for dealing in the company's securities will be closed from July 1, 2026.
- It will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.
- This is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update
Neutral
2026-06-29 19:09
- Inox Wind Limited executed agreements for partial divestment of equity shares of its material subsidiary, Inox Renewable Solutions Limited (IRSL).
- The aggregate transaction value is approximately ₹50 Crore.
- Post-transaction, the Company's shareholding in IRSL will reduce from 88.84% to 87.98%.
- The agreement was entered into on June 29, 2026, with completion expected within 10 days.
Governance
Neutral
2026-06-23 16:52
- EGM held on June 22, 2026, approved three special resolutions.
- Approved continuation of Shri Mukesh Manglik as Non-Executive Director (85.67% in favour).
- Approved revision in fixed remuneration of Shri Devansh Jain, Whole-Time Director (96.15% in favour).
- Approved divestment of equity shares of material subsidiary Inox Green Energy Services Limited (80.85% in favour).
Governance
Neutral
2026-06-22 19:28
- The 13th Extra-ordinary General Meeting (EGM) of Inox Wind Limited was held on June 22, 2026, via Video Conferencing.
- Key agenda items included approval for the continuation of Shri Mukesh Manglik as a Non-Executive Director upon attaining 75 years.
- Approval was also sought for the revision of remuneration for Shri Devansh Jain, Whole-time Director.
- Additionally, approval for the divestment of equity shares of Inox Green Energy Services Limited, a material subsidiary, was on the agenda.
Business Update
Positive
2026-06-17 20:19
- Inox Wind Limited has voluntarily withdrawn its credit ratings assigned by CRISIL for its banking facilities.
- The company confirms it continues to maintain strong credit ratings, specifically 'AA-' for long-term and 'A1+' (the highest rating) for short-term banking facilities, from multiple other credit rating agencies.
Business Update
Positive
2026-06-16 12:12
- Order Win: Inox Wind Limited signed an MoU with Inox Clean Energy
- Order Scope: Supply of 1,500 MW of advanced 3.3 MW and 4X MW wind turbines
- Details: This MoU provides multi-year revenue visibility for Inox Wind and increases its total order book to over 4.5 GW.
Business Update
Positive
2026-06-02 18:12
- Inox Wind Limited (IWL) guides for approximately 75% revenue growth in FY27, targeting around ₹7,500 Crores, supported by a current order book of 3.1 GW with over 24 months of execution visibility and recurring orders from group company Inox Clean Energy.
- IWL is strategically shifting its order book mix from 100% turnkey to 75-80% equipment supply to improve working capital and reduce execution risks.
- The company's new 4.4-MW turbine is on track for commercial launch within the current calendar year, expected to enhance market penetration and improve margins.
- Inox Green Energy Services Limited (IGESL), the O&M subsidiary, projects FY27 EBITDA upwards of ₹600 Crores. It is set to become one of the largest renewable O&M companies globally by 2030, driven by organic growth and recent acquisitions of 6.5 GW of operational wind O&M assets.
- The consolidated revenue for Inox Green is expected to grow around 75% for FY26-27 with an EBITDA margin of 20-22%. The demerger of IGESL's evacuation infrastructure business has been approved by NCLT and is expected to complete in 1-2 months.
Governance
Neutral
2026-05-30 14:30
Inox Wind Limited announced its 13th Extra-ordinary General Meeting (EGM) on June 22, 2026, via VC/OAVM. Key resolutions include seeking approval for the continuation of Shri Mukesh Manglik as Non-Executive Director (age 75+), revising the fixed remuneration of Whole-Time Director Shri Devansh Jain (basic pay from ₹12 Lakh to ₹28.7 Lakh per month), and divesting equity shares of Inox Green Energy Services Limited, a material subsidiary, potentially reducing the company's shareholding below 50%.
Business Update
Neutral
2026-05-29 21:50
Inox Wind Limited announced the audio recording of its Conference Call with Analysts/Investors held on May 29, 2026, subsequent to the submission of financial results for the quarter and financial year ended March 31, 2026, is available on the company's website via the provided link.