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  1. Inox Wind share price jumps 7%, here are the key developments to look at

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Inox Wind share price jumps 7%, here are the key developments to look at

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3 min read | Updated on April 15, 2025, 12:31 IST

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SUMMARY

Inox Wind shares rose 6% on April 15, 2025, reaching ₹160.81 and pushing its market capitalization beyond ₹20,000 crore.

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Inox Wind reported a rise in consolidated profit after tax (PAT) to ₹239 crore. Image | Shutterstock

Inox Wind reported a rise in consolidated profit after tax (PAT) to ₹239 crore. Image | Shutterstock

Renewable energy firm Inox Wind Limited (IWL) shares witnessed a rally of over 7% on Tuesday, April 15. At 10:46 AM, the stock was trading 7.12% higher at ₹162.39 apiece on the National Stock Exchange. The scrip is rallying for the second straight session.

The stock price also rose 0.46% to ₹161.06 in the last month. The 52-week high of Inox Wind is ₹261.90 whereas the 52-week low is ₹124.25.

In the last five trading sessions, Inox Wind stocks have gained over 13% while year-to-date it has lost 14%.

It has jumped almost 19% over a year’s period.

The market capitalisation of Inox Wind climbed to ₹20,795 crore on BSE. The company changed hands amounting to a turnover of ₹3.10 crore on BSE with a total shares of 1.95 lakh shares.

Q4 earnings estimates

Research company Systematix Institutional in report projected Inox Wind’s consolidated revenue for Q4FY25 at ₹1,290 crore, marking a 144% year-on-year (YoY) and 41% quarter-on-quarter (QoQ) increase, driven primarily by strong momentum in deliveries of its 3MW wind turbine generators (WTGs).

EBITDA is estimated at ₹257 crore, reflecting a 152% YoY and 24% QoQ rise, with margins expected to hold at around 20% - a clear indicator of improving operational efficiency at scale.

The company’s profit after tax (post-minority interest) likely to touch ₹184 crore, up 562% YoY and 72% QoQ, supported by execution of 251 MW during the quarter, compared to 129 MW a year ago and 189 MW in Q3 - translating to 94% YoY and 33% QoQ growth, the report said.

Here are the latest 3 orders received by Inox Wind
  • On March 7, 2025, Inox Wind secured a 153 MW order from a leading renewable energy developer. The project will be set to be developed in Tamil Nadu and is expected to see the deployment of IWL’s advanced 3 MW class turbines, the company said in a stock exchange filing. As part of the agreement, the company will also provide limited scope engineering, procurement, and construction (EPC) services, alongside offering multi-year operations & maintenance (O&M) services once the turbines are commissioned.

  • On November 12, 2024, Inox Wind bagged a repeat order of 87 MW from Continuum Green Energy, marking the second most recent order bagged by the company. With this, the total cumulative orders from Continuum stands at 700 MW.

  • On December 18, 2024, IWL had secured a 60 MW equipment supply order from Serentica Renewables. The deal involved supplying 3 MW class wind turbines, to be delivered within the first half of calendar year 2025. These turbines will be installed at Serentica’s hybrid renewable energy project site in Karnataka. Inox Wind will also provide long-term O&M services after commissioning.

Inox Wind Q3 results:

Inox Wind reported a rise in consolidated profit after tax (PAT) to ₹239 crore, backed by higher revenues on January 31. It had posted a ₹33 crore PAT in the year-ago quarter, the company said in a statement.

The company's consolidated revenues rose 96% to ₹994 crore from ₹507 crore in the October-December period of 2023-24.

IWL's order book stood at 3,286 MW at the end of the third quarter of the ongoing fiscal year, 28% higher from 2,575 MW in the year-ago period.

Based out of India, Inox Wind is an integrated wind energy solutions provider. The company is engaged in the business of manufacture and sale of wind turbine generators (WTGs). It also provides erection, procurement and commissioning (EPC), operations and maintenance (O&M) and common infrastructure facilities services for WTGs and wind farm development services.

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About The Author

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Kadambari Modhave is a writer with around 6 years of experience in the BFSI sector. She covers business and personal finance news.

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