Inox Wind Share Price

Inox Wind Overview

Inox Wind Limited was incorporated on April 9, 2009, under the INOX Group. Its registered office is located at INOXGFL Towers, Noida, Uttar Pradesh. The promoter is Gujarat Fluorochemicals (Inox Group). Inox Wind is listed on the Bombay Stock Exchange (BSE: 539083) and the National Stock Exchange (NSE: INOXWIND). It designs, manufactures, and supplies wind turbine generators (WTGs) and provides end-to-end wind energy solutions including EPC, O&M, and wind farm development services.

Inox Wind Business Segments and Revenue Model

Inox Wind operates through two primary verticals:

• WTG Manufacturing: Producing hubs, nacelles, blades, and tubular towers across four plants in Gujarat, Madhya Pradesh, and Himachal Pradesh, with a 2.5 GW annual manufacturing capacity.
• Turnkey Wind Energy Services: Offering EPC, site development, and long-term O&M (through subsidiary Inox Green Energy), with ~5 GW assets under management.

Revenue is generated through:

• Sale of WTGs to IPPs, utilities, PSUs, and corporates.
• EPC contracts for wind farms including land, transmission, and commissioning.
• O&M service fees from long-term agreements tied to installed capacity and availability.

Inox Wind Key Milestones

• 2009 – Incorporated; entered technology licencing deals with AMSC for 2 MW WTGs; commenced WTG, rotor blade, and tower production.
• 2010–11 – Commercial operations of WTG and blade plants; tower plant launched.
• 2013–14 – Secured C-WET certification; commissioned 50 MW Gujarat wind farm; exclusive license for 2 MW ECS.
• April 2015 – IPO raised ₹1,020 crore; listed on BSE & NSE under “INOXWIND”.
• 2019 – Launched 3 MW WTG (Type Certificate received).
• Nov 2022 – Inox Green Energy Services listed as pure-play O&M subsidiary.
• May 2024 – ₹900 crore promoter infusion to achieve net-debt-free status.
• Sep 2024 – Resco Global Wind Services raised ₹350 crore via private placement.
• Q4 FY25 – Reported highest quarterly profit: net profit ₹186.9 crore (up 302% YoY), revenue ₹1,274.8 crore (+142% YoY). FY25 net profit ₹448.2 crore (from loss ₹35.6 crore in FY24); revenue ₹3,557.2 crore.
• June 2025 – NCLT approved merger of Inox Wind Energy with Inox Wind, streamlining operations.

Inox Wind ESG and Sustainability

• CSR focuses on rural development, education, health, and environment initiatives.
• Financial inclusion and skill development through community programs.
• Long-term ESG mission: achieving net-debt-free status, enhancing financial sustainability, and supporting India’s target of 500 GW non-fossil energy by 2030.
• Sustainability-enabling operations with high machine availability (>96%) and robust O&M practices.

Inox Wind Awards and Recognitions

• C-WET type certification for WTGs in 2013.
• ISO certifications: ISO 9001, ISO 14001, OHSAS 18001, ISO 3834.
• CRISIL credit rating upgrade to A–/A2+ with positive outlook after promoter infusion.
• Recognised as one of India's fastest-growing integrated renewable energy providers with strong orderbook (~3.2 GW) and execution capabilities.