Inox Wind has released its Q2 FY27 earnings presentation, detailing financial results for the quarter ended September 30, 2026. The company highlights key achievements, including revenue growth of 58% QoQ and a diversified order book of approximately 3.8 GW. The presentation also outlines growth strategies and provides guidance for FY28, projecting revenue of Rs. 7,500 crore and an EBITDA margin of ~20%.
Inox Wind Presents Q2 FY27 Earnings and Strategic Outlook
Inox Wind Limited has submitted its earnings presentation for the quarter and half-year ended September 30, 2026, in accordance with SEBI regulations. The document provides a comprehensive overview of the company’s financial performance, operational highlights, and future growth strategies.
Key Financial Achievements in Q2 FY27
The company reported a 58% Quarter-on-Quarter (QoQ) increase in revenue, reaching Rs. 1,378 crore. EBITDA stood at Rs. 238 crore, with an EBITDA margin of approximately 17%. Profit Before Tax (PBT) was Rs. 103 crore, and Cash Profit After Tax (PAT) was Rs. 165 crore, both showing an 8% QoQ increase. The consolidated income statement reveals a total income of Rs. 1,378 crore for Q2 FY27.
Strong Order Book and Growth Visibility
Inox Wind maintains a well-diversified order book of approximately 3.8 GW as of October 2026. This order book provides revenue visibility of more than 24 months and includes marquee customers such as NTPC, CESC, and NLC India. The company has secured new orders aggregating to 350 MW from PSUs and IPP in Q2 FY27.
Strategic Focus and Future Guidance
The company is adopting an ‘ONE INTEGRATED’ strategy, leveraging group synergies to drive growth. Key initiatives include the commercial sale of 4X MW turbines and ramping up transformer manufacturing. Inox Green’s consolidation is expected to significantly boost consolidated EBITDA and margins. Inox Wind provided guidance for FY28, projecting revenue of Rs. 7,500 crore and an EBITDA margin of ~20%. The company also highlights its leadership in the fully integrated wind solutions market and its robust creditworthiness, supported by a net cash balance sheet.
Group Synergies and Market Position
The presentation details the interconnectedness within the INOXGFL Group, emphasizing how businesses like INOXGFL Renewables, INOX Renewable Solutions, and INOX Green contribute to a virtuous cycle of execution and revenue. INOX Wind is positioned as India’s leading fully integrated wind solutions provider, supported by a strong group pedigree and manufacturing prowess.
Consolidated Financials
The consolidated balance sheet as of September 30, 2026, shows total assets of Rs. 12,976 crore and total equity and liabilities of Rs. 12,976 crore. Key figures include Non-current assets of Rs. 4,339 crore and Current assets of Rs. 8,637 crore. The company’s net debt as of September 2026 is Rs. 423 crore.
Shareholding Pattern
As of September 30, 2026, the shareholding pattern indicates 44% promoter holding, 34% retail, 12% foreign investors, and 10% domestic institutional investors.
Source: BSE
