Inox Wind Ltd (INOXWIND) — shareholding pattern, promoter holding, financials and share price
About Inox Wind Ltd (INOXWIND)
Inox Wind Ltd operates in the Heavy Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as INOXWIND and on the BSE under scrip code 539083. Its ISIN is INE066P01011.
Inox Wind Limited is a part of the Inox Group. The company is engaged in the business of manufacturing Wind Turbine Generators (WTGs) and is a wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors. [1] Inox Wind Ltd is a fully integrated player in the wind energy market and provides end-to-end turnkey solutions.
Inox Wind Limited is an integrated Indian wind energy solutions provider manufacturing wind turbine components, supplying 2MW and 3MW class WTGs, offering EPC services, and delivering O&M through subsidiaries, with manufacturing across four facilities and in‑house hubs, nacelles, blades and towers to serve PSUs, IPPs, C&I and retail customers nationwide.
Q3 FY26 results showed strong operational momentum: consolidated revenue of Rs 1,238 crore (+24% YoY), consolidated EBITDA of Rs 313 crore (+39% YoY) and Cash PAT of Rs 262 crore (+38% YoY), with EBITDAM at ~25% and net cash balance sheet reported in recent periods, highlighting a rapid and profitable growth trajectory.
Listed peers in Heavy Electrical Equipment: TD Power Systems Ltd, Azad Engineering Ltd, Atlanta Electricals Ltd, Elecon Engineering Company Ltd, Transformers & Rectifiers India Ltd, Voltamp Transformers Ltd.
Valuation & Returns
10 Jul 2026At ₹82.43 a share on 10 Jul 2026, Inox Wind Ltd (INOXWIND) was valued at a price-to-earnings ratio of 31.64x against an industry P/E of 52.37x and a price-to-book of 2.82x on a book value of ₹29.2 per share as of Mar 2025. Solomo computes return on equity of 8.92% and return on capital employed of 13.14% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 31.64x
- Industry P/E
- 52.37x
- P/B
- 2.82x
- EPS (TTM)
- ₹2.61
- Book value / share
- ₹29.2
- ROE
- 8.92%
- ROCE
- 13.14%
- ROA
- 5.12%
- Debt / equity
- 0.3x
- Dividend yield
- 0%
- EBITDA margin
- 24.21%
- 52-week range
- ₹74.91 – ₹175.96
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Inox Wind Ltd (INOXWIND) reported revenue of ₹4,397 crore, net profit of ₹449 crore and earnings per share of ₹2.34. That compares with revenue of ₹3,557 crore and net profit of ₹438 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,244 crore and net profit ₹106 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 625 | 737 | 1,746 | 3,557 | 4,397 |
| Net profit (₹ cr) | -483 | -671 | -48 | 438 | 449 |
| EPS (₹) | -5.08 | -4.81 | -0.26 | 3.23 | 2.34 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -1.14% | 45.99% | 89.00% | 103.70% |
| Profit growth | -2.37% | - | - | - |
| Stock price CAGR | 3% | 25% | 19% | -52% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.18% of Inox Wind Ltd (INOXWIND) (unchanged from the previous quarter), foreign institutional investors (FII) hold 14.53% and domestic institutional investors (DII) hold 10.03%. Promoters have pledged 8.1% of their holding. Market capitalisation was ₹14,246 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2015.
Largest disclosed public shareholders in Jun 2026: Smallcap World Fund, Inc 3.98%, Icici Prudential Equity & Debt Fund 3.57%, Akash Bhanshali 1.75%, Ishares Ii Public Limited Company - Ishares Global Clean Energy Transition Ucits Etf 1.54%, Lend Lease Company (India) Ltd. 1.29%, Bandhan Small Cap Fund 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.18% | 8.1% | 14.53% | 10.03% | 55.82% |
| Mar 2026 | 44.18% | 10.4% | 14.61% | 10.97% | 55.82% |
| Dec 2025 | 44.18% | 3.2% | 14.16% | 10.37% | 55.82% |
| Sep 2025 | 44.18% | - | 13.37% | 9.86% | 55.82% |
| Jun 2025 | 44.18% | 0.8% | 13.77% | 9.12% | 55.82% |
| Mar 2025 | 48.27% | 1.9% | 15.67% | 9.44% | 51.73% |
| Dec 2024 | 48.27% | 1.7% | 15.26% | 9.81% | 51.73% |
| Sep 2024 | 48.27% | 1.1% | 15.82% | 9.25% | 51.73% |