Inox Wind logo

Inox Wind share price

NSE: INOXWINDBSE: 539083Electrical EquipmentSmall Cap

Last close ₹58.93down ₹3.18 (5.12%)BSE ₹58.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹62.11.

52-week range of traded prices to 23 Oct 2026
₹57.90Low, 23 Oct 2026₹159.30High, 29 Oct 2025
Market cap
₹10,185 Cr393rd largest listed
P/E
29.6
P/B
1.6
Dividend yield
Nonein the last 12 months
ROE
6.0%
ROCE
7.0%
Debt to equity
0.20
Volume, NSE
1,45,20,19634.9% delivered

Share price

Daily closes since Apr 2015, adjusted for splits and bonuses

−61.3%over a year · Nifty 500 −9.8%

Results20-session average 1,11,13,849 shares a day, 35.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹814 Crdown 34.57%
Net profit
₹64 Crdown 39.35%
Net margin
7.9%

Revenue by year

Peak revenue ₹4,397 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 7 of the 10 years shown
₹ croreSep 2024Filed 28 OctDec 2024Filed 31 JanMar 2025Filed 13 JunJun 2025Filed 14 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 29 MayJun 2026Filed 7 Aug
Revenue7329111,2758261,1191,2071,244814
Net profit901121909712112710664
Net margin12.3%12.3%14.9%11.8%10.8%10.5%8.5%7.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Single Segment, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to book

At or below today's level on 3% of 983 trading days over the last 5 years.

LowestHighest
Its median3.6Industry median5.4
EV to EBITDA12.9

At or below today's level on 0.2% of 578 trading days over the last 3 years.

LowestHighest
Its median40.2Industry median25.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−53.7%−10.9%−48.1%0.0%
3 years+47.9%––0.0%
5 years+34.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters44.18%
  • Foreign institutions12.17%
  • Indian institutions9.80%
  • Individuals and others33.85%
Holder
Inox Leasing and Finance LimitedPromoter27.54%
Devansh Trademart LLPPromoter8.80%
Aryavardhan Trading LLPPromoter5.99%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I2.17%
Vivek Kumar JainPromoter1.85%
AKASH BHANSHALIResident individuals, over ₹2 lakh at face value1.75%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

86 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 68 of the 70 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
20
Cut
50
Held unchanged
16
Sold out
1
Fund
ICICI Prudential Mutual Fund logoICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund2,77,68,9830.38%₹193.0 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund2,07,75,9560.40%₹144.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund1,69,57,7180.87%₹117.9 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund1,27,20,4550.11%₹88.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund87,62,8580.76%₹60.9 Cr
Invesco Mutual Fund logoInvesco India Arbitrage FundInvesco Mutual Fund63,29,6000.14%₹44.0 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund60,22,4000.09%₹41.9 Cr
HDFC Mutual Fund logoHDFC Arbitrage FundHDFC Mutual Fund58,68,8000.16%₹40.8 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Arbitrage FundMotilal Oswal Mutual Fund43,20,0000.87%₹30.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential ESG Exclusionary Strategy FundICICI Prudential Mutual Fund40,38,4002.20%₹28.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Heavy Electrical Equipment, 48 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Inox Wind in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Azad Engineering logoAzad EngineeringAZAD16,008115.210.567.7+28.7%+39.5%9.5%9.0%0.00%
Triveni Turbine logoTriveni TurbineTRITURBINE14,14842.19.832.4+17.7%−1.6%25.3%27.1%0.95%
Atlanta Electricals logoAtlanta ElectricalsATLANTAELE12,45357.313.433.3––23.4%34.7%0.00%
Karamtara Engineering logoKaramtara EngineeringKARAMTARA11,270–––––––0.00%
Quality Power Electrical Equipments logoQuality Power Electrical EquipmentsQPOWER10,11075.818.753.1––27.6%21.3%0.10%
Voltamp Transformers logoVoltamp TransformersVOLTAMP9,72830.75.426.6+17.8%−2.6%18.8%19.4%1.04%
Elecon Engineering Company logoElecon Engineering CompanyELECON9,34038.23.717.2+2.6%−52.7%10.3%16.2%0.48%
Transformers and Rectifiers (India) logoTransformers and Rectifiers (India)TARIL9,12229.15.520.7+27.2%+23.0%20.9%19.3%0.08%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Inox Wind share price by year

Each calendar year to 2025.Inox Wind share price history

YearClose at year endChangeHighest closeLowest close
2025123.53−31.8%195.00119.80
2024181.02+44.9%254.34106.71
2023124.94+360.4%124.9422.84
202227.14−6.2%39.4819.40
202128.93+88.3%36.3915.85
202015.36+72.9%16.264.26
20198.89−53.7%19.287.86
201819.20−46.8%36.6918.04
201736.08−20.7%51.1126.83
201645.48−49.4%91.0642.76
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202662.1162.3557.9058.9359.101,45,20,19634.9%
22 Oct 202662.3963.0861.2762.1162.1063,67,12826.8%
21 Oct 202664.9965.0762.3162.6263.2981,25,80539.9%
19 Oct 202667.5067.9564.7864.8966.0682,24,70840.6%
16 Oct 202668.6669.0067.6367.6368.0480,34,63068.3%
15 Oct 202669.5270.0068.3168.5869.1456,76,34730.3%
14 Oct 202670.0070.9069.0069.8770.0883,50,61023.9%
13 Oct 202667.1769.9966.3569.9468.751,08,14,13930.6%
12 Oct 202667.0168.5766.3367.1767.411,22,19,48719.9%
9 Oct 202663.3267.3062.7866.6565.723,74,32,42516.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
29 Jul 2025Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
24 May 2024Bonus0.2500Holders received 3 bonus shares for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About Inox Wind

Inox Wind Limited makes wind turbines and provides services for wind and solar power projects in India. Its offerings cover wind turbine manufacturing, renewable infrastructure development, engineering, procurement and construction (EPC), and operations and maintenance (O&M). Its customers include public sector undertakings such as NTPC, NLC, GAIL and SJVN.

The company manufactures 2 MW and 3 MW wind turbine generators, which are designed for the low wind speed conditions prevalent in India. Nacelles and hubs are made at Una in Himachal Pradesh and Bhuj in Gujarat, and a newly commissioned facility at Bavla near Ahmedabad also makes them. Blades and tubular towers are made at Rohika in Gujarat and Barwani in Madhya Pradesh. The company also operates a transformer manufacturing unit in Jaipur, Rajasthan, and owns and operates four cranes that are deployed at project sites.

Its listed subsidiary, Inox Green Energy Services Limited, provides operations and maintenance services across wind and solar assets. Another subsidiary, Inox Renewable Solutions Limited, provides turnkey as well as limited scope EPC services. Inox Wind merged Inox Wind Energy Limited into itself, which eliminated the holding company structure. The demerger of Inox Green's evacuation infrastructure business into Inox Renewable Solutions has been completed, with 1 August 2026 as the record date.

Inox Wind is part of the INOXGFL Group, a diversified Indian conglomerate with businesses across specialty chemicals and renewable energy. It was incorporated in 2009. Its registered office is at Village Basal in District Una, Himachal Pradesh.

Legal name
Inox Wind Limited
NSE symbol
INOXWIND
BSE code
539083
ISIN
INE066P01011
Industry
Electrical Equipment
Listed
Apr 2015
Face value
₹10
CIN
L31901HP2009PLC031083
Corporate identity number, the registrar of companies' code for it