Inox Wind Ltd. (INOXWIND) AI Stock Analysis

• Market Cap: ₹172.55B
• Dividend Yield: N/A
• Average Volume (3M): 368.51K
• Price to Earnings (P/E): 45.5
• Beta (1Y): 2.20
• Revenue Growth: 71.99%
• EPS Growth: 119.37%
• Country: IN
• Employees: 998
• Sector: Industrials
• Sector Strength: 72
• Industry: Renewable Utilities
• EPS (TTM): 0.73
• Shares Outstanding: 2,169,311,300
• 10 Day Avg. Volume: 427,804
• 30 Day Avg. Volume: 368,512
• PEG Ratio: -0.04
• Price to Book (P/B): 4.07
• Price to Sales (P/S): 5.86
• P/FCF Ratio: -27.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹130.00
• Price Target Upside: 3.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 6.57
• Revenue Forecast (FY): ₹80.49B

• Rating: 57 Neutral
• Price Target: ₹82.00 ▼(-34.82% Downside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is anchored by improving fundamentals (revenue recovery and better profitability) but is held back by weak cash generation and leverage risk. Technicals are a major drag due to a clear downtrend across moving averages and negative MACD, while valuation is only moderate given the P/E and no dividend yield.

Positive Factors

Revenue recovery & improving margins

Sustained revenue recovery and improved gross and net margins indicate better demand capture and pricing or cost control. Over 2-6 months this supports stronger internal cash generation potential, improved profitability persistence, and greater capacity to reinvest in product lines and project execution capabilities.

Negative Factors

High leverage

Elevated leverage constrains financial flexibility and raises refinancing and interest-service risk, especially for project cycles. Over 2-6 months high debt levels could limit the firm's ability to bid competitively on EPC projects, absorb delays, or pursue growth without costly external financing.

Inox Wind Ltd. Business Overview & Revenue Model

Company Description

Inox Wind Limited manufactures and distributes wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India. The company provides wind turbine generator c...

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Inox Wind Limited manufactures and distributes wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India. The company provides wind turbine generator c...

How the Company Makes Money

Inox Wind primarily makes money by selling wind turbine generators and delivering wind power projects and services around those turbines. Key revenue streams typically include: (1) Sale and supply of WTGs and related equipment (such as turbine com...

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Inox Wind primarily makes money by selling wind turbine generators and delivering wind power projects and services around those turbines. Key revenue streams typically include: (1) Sale and supply of WTGs and related equipment (such as turbine com...

Inox Wind Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	40.81B	35.07B	16.59B	7.31B	6.25B	7.11B
Gross Profit	14.51B	12.34B	4.30B	737.98M	1.17B	1.25B
EBITDA	9.71B	8.15B	2.54B	-3.15B	-2.82B	-1.58B
Net Income	5.01B	4.48B	-356.52M	-6.67B	-4.80B	-3.06B
Balance Sheet
Total Assets	100.05B	87.95B	67.95B	60.83B	59.65B	54.64B
Cash, Cash Equivalents and Short-Term Investments	6.87B	3.94B	2.81B	2.71B	588.10M	2.42B
Total Debt	11.40B	15.00B	32.48B	24.16B	17.54B	16.00B
Total Liabilities	27.50B	31.89B	46.03B	38.22B	40.95B	41.48B
Stockholders Equity	66.73B	50.47B	16.97B	17.13B	18.28B	13.16B
Cash Flow
Free Cash Flow	-7.25B	-7.47B	-8.98B	-14.87B	-6.01B	-2.32B
Operating Cash Flow	-4.20B	-1.26B	-3.60B	-10.99B	-4.22B	-1.12B
Investing Cash Flow	-2.59B	-4.06B	-5.28B	2.31B	-1.27B	-485.92M
Financing Cash Flow	7.08B	5.41B	8.78B	8.24B	4.86B	2.82B

Inox Wind Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 125.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INOXWIND, the sentiment is Negative. The current price of 125.8 is above the 20-day moving average (MA) of 80.78, above the 50-day MA of 94.36, and below the 200-day MA of 133.16, indicating a bearish trend. The MACD of -4.69 indicates Negative momentum. The RSI at 41.84 is Neutral, neither overbought nor oversold. The STOCH value of 38.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INOXWIND.

Inox Wind Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PARAS	68 Neutral	₹51.45B	75.72	―	0.07%	24.92%	50.07%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JTEKTINDIA	61 Neutral	₹35.30B	48.24	―	0.49%	4.44%	-25.67%
ISGEC	58 Neutral	₹67.22B	24.01	―	0.59%	-4.14%	-35.66%
LLOYDSENGG	58 Neutral	₹62.03B	33.83	―	0.43%	40.02%	26.77%
THERMAX	58 Neutral	₹392.56B	41.70	―	0.48%	3.37%	-19.95%
INOXWIND	57 Neutral	₹172.55B	45.47	―	―	71.99%	119.37%