Inox Wind Ltd Share Price

Q: What is the share price of Inox Wind Ltd today?

Inox Wind Ltd share price as on 22 Jan 2025 is ₹156.25

Electric Equipment - Gensets / Turbines

NSE: INOXWIND Small Cap ISIN: INE066P01011

As on 22 January 2025 at 15:59 IST

₹156.25

-9.32

(-5.63%)

Sell Buy

About Inox Wind Ltd

Inox Wind Ltd. is a leading wind energy solutions provider. Founded in 2009, the company has rapidly grown to become a key player in the renewable energy sector. Headquartered in Noida, Uttar Pradesh, Inox Wind specializes in manufacturing wind turbine generators, offering comprehensive wind power solutions. The company’s main products include Wind Turbine Generators, Wind Power Services, and Wind Farm Development. Inox Wind operates in the renewable energy sector, focusing on sustainable and eco-friendly energy solutions. The company is committed to innovation and excellence. It aims to contribute significantly to India’s renewable energy capacity. Read More...

Over 1 Month

-10.49%

Over 6 Months

10.67%

Over 1 Year

53.79%

Over 3 Years

415.63%

Inox Wind Ltd Summary

Close ₹ 156.25

Open ₹ 165.18

High ₹ 165.18

Low ₹ 155

Volume 58,28,321

Net Turnover (in ₹) ₹ 87,31,61,161.36

52Wk High ₹ 261.90

52Wk Low ₹ 106.25

52Wk High / Low

106.25

261.90

Inox Wind Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 21,586.92

EPS (TTM) 1.61

Book Value (BV) 17.13

Div. Yield -

P/E (TTM) 687.71

Price/Book Value 9.63

Delivery % 46.77 %

Face Value 10

Key Ratios

PE Ratio -

PB Ratio 8.13

EV to Sales 12.33

PEG Ratio -

ROA -4.93

ROE -

Debt-Equity 0.91

Net Profit Margin -0.95

Operating Profit Margin 11.15

Inox Wind Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,799.32	754.35	653.36	786.98	770.59
Total Expenses	1,832.81	1,422.88	1,306.39	1,219.63	1,200.64
Profit Before Tax	-47.18	-668.53	-653.03	-459.09	-429.81
Profit After Tax	-50.78	-696.84	-482.61	-307.12	-279.40
Operating Profit after Depreciation	214.78	-341.57	-370.34	-177.18	-186.28

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,812.52	1,618.56	1,343.36	1,191.44	1,227.77
Total Non Current Assets	3,735.75	2,953.23	2,800.27	2,414.82	2,098.70
Total Current Assets	3,059.05	3,087.46	3,164.32	3,049.59	3,192.88
TOTAL ASSETS	6,794.80	6,040.69	5,964.59	5,464.41	5,291.58
Total Shareholder's Fund	1,697.35	1,713.06	1,828.49	1,315.95	1,685.64

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-359.77	-1,100.01	-474.76	-111.56	732.94
Net Cash used in Investing Activities	-527.66	230.60	-73.67	-48.67	-345.74
Net Cash used in Financing Activities	877.98	824.03	486.05	282.13	-385.15

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,640.95	848.83	606.69	620.38	590.48
Total Expenses	1,656.01	1,164.05	1,029.78	927.06	939.37
Profit Before Tax	-230.30	-315.22	-423.09	-306.68	-348.89
Profit After Tax	-230.30	-315.22	-273.65	-195.80	-227.11
Operating Profit after Depreciation	133.94	-101.78	-239.94	-135.13	-196.62

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	440.74	415.12	390.41	426.93	456.02
Total Non Current Assets	2,721.06	2,289.69	2,073.58	1,224.82	1,128.20
Total Current Assets	2,569.82	2,429.81	2,392.30	2,985.26	3,004.55
TOTAL ASSETS	5,290.88	4,719.51	4,465.88	4,210.08	4,132.75
Total Shareholder's Fund	2,090.73	2,321.50	2,233.89	1,588.72	1,784.41

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-507.27	-699.92	-541.79	-103.84	325.64
Net Cash used in Investing Activities	-415.90	-239.69	-66.57	-33.34	-81.88
Net Cash used in Financing Activities	906.12	952.63	604.33	142.15	-244.40

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	732.24	638.81	527.73	503.45	370.64
Total Expenses	559.33	502.73	426.49	412.79	322.31
Profit Before Tax	93.79	51.22	35.92	3.32	-25.75
Profit After Tax	90.20	50.38	36.71	1.81	-26.84
Operating Profit after Depreciation	182.41	151	136.58	94.09	64.48

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	675.64	607.29	470.27	494.75	330.13
Total Expenses	577.39	508.84	411.09	444.59	318.65
Profit Before Tax	69.92	70.19	-102.17	-6.85	-53.99
Profit After Tax	69.92	70.19	-102.17	-6.85	-53.99
Operating Profit after Depreciation	110.67	119.85	105.49	54.06	15.52

Inox Wind Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 161.23

S2 156.88

S3 152.55

Pivot 165.56

R1 169.91

R2 174.24

R3 178.59

Moving Average

20 SMA 172.01

50 SMA 186.18

100 SMA 206.61

200 SMA 183.13

Inox Wind Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

No available data

EGM Date: 13 May 2022

Disclosure under Regulation 30 and 31A(8) read with other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Outcome of Board Meeting Notice of 9th Extra- Ordinary General Meeting (As Per BSE Announcement Dated on 21.04.2022) Inox Wind Limited has informed the Exchange about Newspaper Advertisements (As Per BSE Announcement dated on 22.04.2022) Proceedings of the 9th Extra-Ordinary General Meeting (EGM) of the Company held on Friday, 13th May, 2022 at 12:30 P.M. (IST) (As Per BSE Announcement Dated on 13/05/2022) Inox Wind Ltd has informed BSE regarding the details of Voting results of EGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement dated on 14.05.2022)

EGM Date: 01 Dec 2023

Notice of 10th Extra-ordinary General Meeting of the Company Outcome of EGM Scrutinizer''s Report (As Per BSE Announcement Dated on 01/12/2023) Revised proceeding of EGM covering conclusion time of the meeting (As per BSE Announcement Dated on 29/12/2023)

EGM Date: 17 May 2024

Outcome Of Board Meeting I. Approval of Bonus Issue of Equity Shares Issue of Bonus Equity Shares in ratio of 3:1 i.e. 3 (Three) new fully paid-up bonus equity shares of Rs.lo/- each for every 1 (One) existing equity share of Rs. lo/- each held by the shareholders of the Company as on Record Date, subject to the approval of shareholders and other statutory/ regulatory approvals, consents, permissions, conditions and sanctions, as may be necessary. The requisite details/ disclosures as required under Regulation 30 of the Listing Regulations read with the SEBI Circular No. SEBI/HO/CFD/CFD/PoD-i/P/CIR/2023/123 dated 13th July, 2023 in respect of issue of Bonus Equity Shares are enclosed herewith as Annexure I. 2. Alteration in the Share Capital clause of the Memorandum of Association of the Company 3. Taking effect of the bonus issuance on the Scheme of Arrangement between Inox Wind Energy Limited and the Company ('Scheme') Pursuant to the aforementioned bonus issuance, the Board of Directors, post considering the recommendation of the Audit Committee and the Committee of Independent Directors, have decided to adjust the share swap ratio in accordance with the provisions of the Scheme, to reflect the effect of the bonus issuance, as follows: 632 equity shares (face value of Rs. lo/- per share) of the Company to be issued for every lo equity shares (face value of Rs. lo/- per share) of Inox Wind Energy Limited 632 share warrants of the Company with an issue price of Rs. 13.50 each to be issued for every 10 share warrants of Inox Wind Energy Limited with an issue price of Rs. 8471- each The aforementioned adjustment to the share swap ratio, is basis the certificate dated 25th April, 2024, submitted by MIS. Finvox Analytics (Registration No. 1BBI/RV-E/06/202o/i2o), Registered Valuer, capturing the effect of the proposed bonus issuance on the share swap ratio. The aforementioned recommendation for adjustment of share swap ratio, is subject to: a. Approval of bonus issuance by shareholders of the Company; b. Approval of the adjustment in share swap ratio by the Board of Directors of Inox Wind Energy Limited It is hereby clarified that the aforementioned adjustment to the share swap ratio shall be deemed to be carried out as an integral part of the Scheme. 4. Holding of Extra-ordinary General Meeting Extra-Ordinary General Meeting ('EGM') of the Members of the Company has been scheduled to be held on Friday, iP May, 2024 at 12:oo Noon (IST) through Video Conference (VC)/ Other Audio-Visual Means (OAVM) facility to transact the businesses as mentioned below: i. Issue of Bonus Equity Shares. ii. Increase in Authorized Share Capital and consequent alteration of the Memorandum of Association of the Company. The notice of the said EGM shall be submitted to the Stock Exchanges in due course in compliance with the provisions of the Listing Regulations. This intimation is also available on the website of the Company; www.inoxwind.com. You are requested to take the above on record. Notice of the 11th Extra-Ordinary General Meeting (As Per BSE Announcement Dated on 25.04.2024) Proceedings and Declaration of Voting Results of Extra-ordinary General Meeting held on Friday, 17th May, 2024 at 12.00 noon (IST) through Video Conferencing or other Audio Visual Means Declaration of Voting Result and Consolidated report of Scrutinizer in respect of E-voting and EGM held on 17th May, 2024 at 12.00 noon (IST) through Video Conferencing and other Audio Visual Means. (As per BSE Announcement Dated on 17/05/2024)

EGM Date: 01 Jun 2024

Update on the Scheme of Arrangement Summary of proceedings alongwith Scrutinizer''s Report of the meetings of the Debenture Holders, Secured Creditors and Unsecured Creditors of the Company convened on 2nd June, 2024 pursuant to the Order of NCLT in relation to Scheme of Arrangement. (As Per BSE Announcement Dated on 02.06.2024)

EGM Date: 27 Jun 2024

EGM 27/06/2024 Notice of 12th Extra-ordinary General Meeting of the Company (As Per BSE Announcement dated on 04.06.2024) Proceeding of EGM and voting results (As Per BSE Announcement Dated on 27.06.2024)

Inox Wind Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Inox Wind Ltd	₹165.05	₹21,519.12
Siemens Ltd	₹5,922.30	₹2,10,905.25
ABB India Ltd	₹6,279.60	₹1,33,069.98
CG Power & Industrial Solutions Ltd	₹658.15	₹1,00,615.14
Suzlon Energy Ltd	₹57.45	₹77,771.35
Waaree Energies Ltd	₹2,672.95	₹76,789.36

Inox Wind Ltd News

Inox Wind Ltd spurts 0.82%, gains for five straight sessions

Inox Wind Ltd is quoting at Rs 167.63, up 0.82% on the day as on 12:44 IST on the NSE. The stock is up 55.7% in last one year as compared to a 9.88% spurt in NIFTY and a 1.64% spurt in the Nifty Energy.

20 Jan 2025, 01:00 pm

Inox Wind Ltd soars 2.71%, Gains for third straight session

Inox Wind Ltd is quoting at Rs 168.1, up 2.71% on the day as on 12:49 IST on the NSE. The stock is up 57.53% in last one year as compared to a 8.08% fall in NIFTY and a 1.81% fall in the Nifty Energy index.

16 Jan 2025, 01:05 pm

Care Ratings upgrades Inox Wind's credit ratings to 'A1+/A' with 'stable' outlook

Inox Wind (IWL) said that Care Ratings has upgraded the company's short-term rating to 'CARE A1+' from 'CARE A1'.

13 Jan 2025, 12:39 pm

Inox Wind receives upgrade in credit ratings from CARE

13 Jan 2025, 09:18 am

Inox Wind secures wind turbine order from Serentica Renewables

Inox Wind announced that it has bagged a 60 MW order from Serentica Renewables (Serentica), to supply 3 MW class wind turbines.

18 Dec 2024, 10:17 am

Inox Wind Ltd Stock Analysis

Annual revenue for Inox Wind Ltd increased by 93.32% to ₹1,640.95 crore in FY 2024 from ₹848.83 crore in FY 2023.
Annual Net Profit for Inox Wind Ltd decreased by 26.94% to ₹-230.30 crore in FY 2024 from ₹-315.22 crore in FY 2023.
Promoter Shareholding in Inox Wind Ltd remains unchanged by 0.00% in the most recent quarter, from 48.27% in September 2024 to 48.27% in December 2024.
Inox Wind Ltd delivered a 1-year return of 53.79% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Inox Wind Ltd share price moved down by 5.63% from its previous close of INR ₹165.57. The latest Inox Wind Ltd share price is INR ₹156.25.
Inox Wind Ltd share price today has been at a low of 155 and a high of 165.18. Over the past 52 weeks, the Inox Wind Ltd share price has seen a low of 106.25 and a high of 261.90.

About Inox Wind Ltd

Inox Wind Ltd. is a prominent player in the renewable energy sector, specializing in wind energy solutions. The company manufactures wind turbine generators (WTGs). It also provides comprehensive turnkey solutions for wind power projects. This includes site acquisition, infrastructure development, and long-term maintenance. Established in 2009, Inox Wind Ltd. has grown significantly over the past many years, positioning itself as a key player in the Indian wind energy market.

Headquartered in Noida, India, Inox Wind Ltd. operates under the umbrella of the Inox Group, which is known for its diverse business interests. The company’s main products include wind turbine generators, nacelles, hubs, rotor blade sets, and tubular towers. These products are integral to the development and operation of wind power projects, contributing to the growth of renewable energy in India.

While Inox Wind Ltd. is a leading player in the wind energy sector, it is not explicitly ranked as the number one company in this field. However, it remains one of the major players, with a significant market presence. The promoter shareholding in Inox Wind Ltd. stands at approximately 48.27%, reflecting strong backing from the Inox Group.

The company’s registered office is located at Plot No. 17, Sector 16A, Noida-201301, Uttar Pradesh, India. The registrars for Inox Wind Ltd. are Link Intime India Pvt. Ltd. Key management personnel include Devansh Jain (Executive Director) and Kailash Lal Tarachandani (CEO). They play crucial roles in steering the company towards continued success and growth in the renewable energy sector.
The other important managerial promoters of the company are:

Bindu Saxena
Sanjeev Jain
Manoj Shambhu Dixit

Inox Wind Ltd.'s commitment to innovation and sustainability makes it a noteworthy entity in India’s renewable energy landscape.

Company Impact

Inox Wind Ltd., a key player in the renewable energy sector, has significantly contributed to the growth and development of wind energy in India. Established in 2009, the company has rapidly expanded its operations and capabilities, becoming a fully integrated wind energy solutions provider. This includes manufacturing wind turbine generators (WTGs) and offering end-to-end turnkey solutions for wind power projects, from site acquisition to long-term maintenance.

Contribution to Renewable Energy
Inox Wind Ltd. has played a crucial role in increasing India’s wind energy capacity. The company has an impressive order book of over 2.9 gigawatts (GW), marking its largest ever. This substantial order book reflects the company’s ability to scale its execution capabilities and meet the growing demand for renewable energy. By providing reliable and efficient wind energy solutions, Inox Wind Ltd. supports India’s transition to a more sustainable energy mix, reducing reliance on fossil fuels and lowering carbon emissions.

Technological Advancements
The company has made significant strides in technological advancements within the wind energy sector. Inox Wind Ltd. has developed and launched new models of wind turbines, such as the 3.3 MW WTG, which are designed to enhance efficiency and performance. These advancements not only improve the overall output of wind power projects but also make wind energy more competitive with other forms of energy generation. The company’s focus on innovation ensures that it remains at the forefront of the industry, continually improving its products and services.

Economic Impact
Inox Wind Ltd. has also had a positive economic impact by creating jobs and supporting local economies. The company’s manufacturing plants, located in various parts of India, provide employment opportunities and contribute to regional development. Additionally, the company’s projects often involve local contractors and suppliers, further boosting economic activity in the areas where they operate.

Financial Performance and Stability
Despite facing challenges such as the downturn in the wind sector since FY18, Inox Wind Ltd. has shown resilience and a strong recovery. The company has received significant capital infusion from its parent company, Inox Wind Energy Ltd. (IWEL), amounting to INR 900 crore. This financial support has strengthened the company’s balance sheet and enabled it to continue its operations and expansion plans. In Q2 FY24, Inox Wind Ltd. reported consolidated revenue of Rs. 393 crore, a 250% year-on-year growth4. This remarkable performance underscores the company’s ability to navigate market challenges and capitalize on growth opportunities.

Environmental Benefits
The environmental benefits of Inox Wind Ltd.'s operations are substantial. By increasing the capacity of wind energy projects, the company helps reduce greenhouse gas emissions and combat climate change. Wind energy is a clean and renewable source of power, and Inox Wind Ltd.'s contributions to this sector help decrease the environmental footprint of energy production in India. The company’s commitment to sustainability is evident in its efforts to develop and deploy advanced wind energy technologies.

Inox Wind Ltd. has made a significant impact on the renewable energy landscape in India. Through its technological advancements, economic contributions, and commitment to sustainability, the company has positioned itself as a leader in the wind energy sector. Its efforts not only support India’s renewable energy goals but also contribute to global efforts to combat climate change. With a strong financial foundation and a focus on innovation, Inox Wind Ltd. is well-equipped to continue driving growth and development in the wind energy industry.