“Inox Wind faces headwinds—profits dip, stock slips, but a 4.4 GW order book could power a turnaround.”

📊 Q1 FY27 Performance Snapshot Revenue: ₹814.1 crore, down 1.5% YoY Net Profit (PAT): ₹64.1 crore, down 34% YoY (vs ₹97.3 crore last year) EBITDA: ₹152.5 crore, down 17% YoY EBITDA Margin: 18.7% vs 22.2% last year Order Book: ~4.4 GW, diversified across IPPs, PSUs, and corporates Prototype Update: 4X wind turbine installation scheduled for Aug 2026, commercial launch by FY27-end 📉 Impact on Stock Price Reaction: Fell over 6% intraday to ₹73.5, hitting a 52-week low Current Trading Range: ~₹74–75 (Aug 10, 2026) YTD Performance: Down ~39% in 2026; down ~47% over the past year Valuation Note: Despite weakness, brokerages highlight attractive valuations for long-term investors 🔮 Strategic Outlook Growth Guidance: Management reiterated 75% revenue growth target for FY27 with EBITDA margin of 20–22% Order Wins: MoU signed with Inox Clean for 1.5 GW supply, firm order of 500 MW worth ₹3,500 crore; repeat order from NLC India for 200 MW turnkey project Acquisition: NCLT approved purchase of Wind World India’s 4.5 GW O&M portfolio, expected completion in Q2 FY27 Sector Tailwinds: India awarded 9.34 GW renewable capacity in Q1 FY27, with wind and hybrid projects forming nearly half ⚠️ Risks & Watchpoints Execution Risk: Q1 delivered only ~8% of FY27 revenue target, raising concerns about delivery pace Margin Pressure: Rising costs and weaker operating leverage continue to weigh on profitability Investor Sentiment: Stock under heavy pressure; recovery depends on order inflows and execution ramp-up in H2 FY27