Inox Wind Limited

Inox Wind Limited (INOXWIND) is a small-cap Capital Goods company valued at ₹11,648 crore operating in Heavy Electrical Equipment on the NSE and BSE.

Recent price move

Inox Wind Limited last traded at ₹67.63, modestly down 1.39% on the day.

Recent developments

On 2026-09-03, the company won a ₹755 crore turnkey wind project with a 10-year O&M contract from IOCL, which could boost future revenue. On 2026-08-10, the share price fell nearly 5% after the company reported a 59% drop in Q1 net profit. On 2026-08-07, the company's Q1 results showed a 59% decline in profit due to shrinking margins and a 1.5% drop in revenue.

Financial performance

The company's business has grown significantly, with annual revenue rising 23.6% to ₹4,397 crore. However, the latest quarter saw revenue fall 1.4% year-on-year, and net profit dropped 33.9% to ₹64 crore. The net profit margin has declined 2.1 percentage points to 10.2%, while return on equity remains at 6.3%.

Valuation multiples

The stock trades at 25.5 times earnings, 2.06 times book value.

Things to watch

The company's latest quarter net profit fell 33.9% year-on-year, and the net profit margin has dropped 2.1 percentage points. The share price is 56.8% below its 52-week high, and the company's revenue growth in the latest quarter was flat compared to the same quarter a year earlier.

Where it stands

The company has seen strong revenue growth over the past five years, but recent quarterly results show a decline in profit and revenue. The latest quarter's net profit dropped 33.9% and revenue fell 1.4% year-on-year. The share price is significantly below its 52-week high, and the net profit margin has declined to 10.2%.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.