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    Renewable Utilities
Inox Wind Energy Limited

Inox Wind Energy Limited

IWEL.NS
Inox Wind Energy LimitedIN flagNational Stock Exchange of India
10,293.00
INR
-229.00
- -
124.01BMarket Cap
Inox Wind Energy Limited
IWEL.NS
(National Stock Exchange of India)

Recent

price

10,293.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3,101.17
317.66
1,303.68
685.87
644.11
532.47
648.47
2,003.16
- -
1,794.11
Revenue per Share
276.1
-170.8
-36
-254.63
-156.79
-257
-330.43
-77.44
- -
-18.69
Basic EPS, GAAP
-160.44
76.13
8.74
397.82
-197.4
-513.86
-1,328.48
-1,038.45
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,389.43
1,220.22
1,185.3
931.01
575.58
30.48
98.33
926.17
- -
- -
Book Value per Share
1,965.61
1,797.51
1,760.75
1,509.23
1,919.24
1,778.99
2,040.4
3,578.57
- -
- -
Tangible Book Value per Share
11
11
11
11
11
11
11
9
- -
11
Basic Weighted Avg Shares
34,066
3,490
14,321
7,534
7,076
5,849
7,277
17,463
35,572
19,599
Sales/Revenue/Turnover
15.45
-27.16
6.92
-24.94
-33.07
-64.36
-49.72
8.54
16.16
14.86
Operating Margin (%)
437
523
661
803
942
931
1,089
1,127
1,823
1,284
Depreciation Expense
3,033
-1,876
-395
-2,797
-1,722
-2,823
-3,708
-675
1,396
-204
Net Income, GAAP
28.94
- -
- -
- -
- -
- -
- -
- -
21.29
81.33
Effective Tax Rate (%)
8.9
-53.77
-2.76
-37.13
-24.34
-48.27
-50.96
-3.87
3.92
-1.04
Profit Margin (%)
12,722
9,091
6,988
-2,656
1,090
-1,898
3,159
788
19,646
- -
Working Capital
1,862
3,478
3,316
1,186
4,503
4,394
8,975
2,368
308
- -
LT Debt
21,896
20,043
19,645
16,856
21,278
19,700
23,387
33,916
56,060
- -
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
7.4
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-0.31
- -
Return on Capital (%)
- -
-13.09
-2.99
-24.06
-20.81
-84.81
-515.59
-14.71
34.06
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'24
Jun'25
ST Debt
- -
18,417
- -
LT Borrowings
- -
2,266
- -
LT Finance Leases
- -
102
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
12
- -
Market Capitalization
57,090
61,825
74,133

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'24
Jun'25
Total Current Assets
- -
30,684
- -
Cash, Cash Equivalents & STI
- -
-2,146
- -
Accounts Receivable, Net
- -
11,373
- -
Inventories
- -
12,448
- -
Total Current Liabilities
- -
29,896
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
18,417
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.57%
65.29%
Free Cash Flow
- -
17.76%
-46.7%
Net Income, GAAP
- -
-66.34%
-306.72%
Sales/Revenue/Turnover
- -
48.93%
103.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2,120
1,076
2,271
1,836
7,277
2024
3,495
3,714
5,042
4,447
17,463
2025
6,396
9,120
12,725
- -
35,572

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-61.73
-64.07
-133.35
- -
-330.43
2024
-32.8
-48.32
-6.52
- -
-77.44
2025
8.54
32.2
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Inox Wind Energy Limited engages in the generation and sale of wind energy and provides comprehensive services including the erection, procurement, and commissioning (EPC) of wind farms. The company manufactures and supplies wind turbine generators (WTGs) and their key components such as nacelles, hubs, rotor blade sets, and tubular towers. It also offers operations and maintenance (O&M) services for wind power projects, remote monitoring, wind resource assessment, site acquisition, infrastructure development, and turnkey solutions for the complete development of wind energy projects. Inox Wind Energy Limited primarily operates in India, serving public sector units (PSUs), independent power producers (IPPs), and private investors. The company was incorporated in 2020 and is headquartered in Noida, India. It is a wholly-owned subsidiary of Inox Wind Limited following a merger approved in June 2025, which integrated Inox Wind Energy Limited into its parent company to streamline operations and expand its renewable energy portfolio. Recent strategic developments include securing substantial turbine orders totaling 229 MW across India in 2025, investments in turbine technology enhancing product efficiency, and robust long-term service contracts aimed at achieving a 6 GW operational portfolio by FY26. Additionally, Inox Wind Energy Limited has focused on strengthening relationships with wind farm asset owners and advancing its EPC and O&M capabilities through innovative solutions and technology integration. The company's product lineup includes its Inox DF series turbines, notably the Inox DF 93.3, DF 100, and DF 113 models, which cater to various wind energy capacity needs. Inox Wind Energy Limited’s growth strategy aligns with India's renewable energy targets, including participation in national initiatives such as the National Green Hydrogen Mission and the development of Ultra-Mega Renewable Energy Power Parks in collaboration with government entities. The company’s strategic focus over the past two years has also included funding initiatives aimed at debt reduction and capacity expansion, reflecting a commitment to sustainable growth in the renewable energy sector.