Latest news with #InoxWind
Hans India
3 days ago
- Business
- Hans India
Suzlon vs Inox Wind: Which wind energy stock should you buy?; Inox Wind buy the dip?
Suzlon Energy and Inox Wind have reignited investor interest after delivering impressive March quarter results, supported by India's aggressive renewable energy targets. Both companies manufacture Wind Turbine Generators (WTGs) and offer integrated wind energy solutions, making them key players as India aims to scale its wind power capacity from 50 GW to 100 GW by 2030. Suzlon Energy: A Quarter to Remember Suzlon Energy's Q4 FY25 net profit surged to ₹1,181 crore—a 365% YoY jump from ₹254 crore—on revenue of ₹3,774 crore (up 73% YoY). For the full year, profits jumped to ₹2,072 crore, with revenue reaching ₹10,851 crore. Its order book hit a record 5.6 GW, with its flagship S144 platform alone contributing over 5 GW. For the first time, management offered guidance—projecting 60% growth across all parameters in FY26, signaling robust confidence. Brokerages are bullish. Morgan Stanley maintained an 'Overweight' rating with a ₹77 target, while Motilal Oswal stuck with a 'Buy', upping its target to ₹83. Inox Wind: Execution Gains Traction Inox Wind also posted strong numbers, with Q4 profit rising over fivefold to ₹190 crore from ₹39 crore last year. Revenue more than doubled to ₹1,311 crore. Execution improved significantly—236 MW in Q4 vs 129 MW a year ago. The company nearly hit its FY25 guidance of 800 MW, completing 705 MW. Forward guidance is even more ambitious: 1,200 MW in FY26 and 2,000 MW in FY27. Analysts remain positive despite a short-term dip in stock price. Nuvama raised its target to ₹236, while ICICI Securities and Systematix set targets around ₹230–₹231. The Verdict Both Suzlon and Inox Wind have shown strong financial and operational performance, with aggressive growth plans and rising order books. Analysts see potential upside in both, making them attractive picks for investors eyeing India's clean energy transition. Disclaimer: The views and recommendations in this article are those of analysts. Always consult a certified financial advisor before investing.
Mint
3 days ago
- Business
- Mint
Suzlon vs Inox Wind: Which wind energy stock should you buy after March quarter results?
Suzlon Energy and Inox Wind, leading players in wind energy solutions, have garnered significant interest from Dalal Street investors in recent years, amid India's strong push to expand renewable energy capacity by the end of this decade. Both companies are engaged in the manufacturing of Wind Turbine Generators (WTGs) and providing comprehensive wind energy services. Following their March quarter results, these companies have once again caught investor attention in recent sessions. Analysts have largely retained their optimistic outlook on both companies and have raised target prices after the Q4 results met expectations. They believe the two players are in a strong position amid the growth potential of India's wind energy market, which is expected to rise to 100 GW by 2030 from the current 50 GW. Although Inox Wind shares reacted negatively in today's session to the March quarter numbers, analysts have retained their positive outlook on the stock, citing strong execution of wind projects in FY26 and FY27, which they believe could result in a significant jump in revenue and net profit. Domestic brokerage firm Nuvama Institutional Equities reiterated its 'Buy' call and raised the price target to ₹ 236 from ₹ 223, citing Inox Wind's strong position as one of only two wind EPC suppliers in India, benefiting from demand in RTC, FDRE, and C&I segments. ICICI Securities also reiterated its 'Buy' rating and slightly raised its price target to ₹ 230 from ₹ 228, valuing the company at 30x FY27 estimated earnings. Systematix Institutional Equities maintained a 'Buy' rating on Inox Wind stock, with a price target of ₹ 231. For Suzlon Energy stock, Morgan Stanley maintained its 'Overweight' rating with a target price of ₹ 77 apiece, while Motilal Oswal has also retained its 'Buy' rating, with a ₹ 83 apiece target price. For the quarter ended March, Suzlon Energy reported a net profit of ₹ 1,181 crore, compared to ₹ 254 crore in the same period last fiscal year, marking a 365% year-on-year growth. Revenue from operations rose 73% YoY to ₹ 3,774 crore during the quarter. For FY25, net profit jumped to ₹ 2,072 crore from ₹ 660 crore in FY24, driven by a significant rise in revenue to ₹ 10,851 crore. In comparison, the company had reported revenue of ₹ 6,497 crore in FY24. Suzlon's order book reached a record high of 5.6 GW by the end of FY25, with its S144 platform alone surpassing 5 GW—cementing its position as the dominant product in the Indian wind energy market. For the first time in its history, the company's management has issued guidance, projecting 60% growth across all key parameters in FY26. This forward-looking statement has been well received by the Street, reflecting the company's confidence and preparedness for future growth. Inox Wind posted a consolidated net profit of ₹ 190.34 crore in the March quarter, a more than fivefold increase from ₹ 38.74 crore in Q4 FY24, driven by a strong surge in revenues. The company's revenue from operations more than doubled to ₹ 1,310.65 crore in Q4 FY25, up from ₹ 569 crore in the same quarter last year. It reported an order book of 3.2 GW as of March 2025, up from 2.6 GW in March 2024. In Q4 FY25, execution stood at 236 MW, compared to 129 MW in Q4 FY24 and 140 MW in Q3 FY25. For FY25, the management had guided for 800 MW in annual execution, and the company achieved 705 MW. Looking ahead, management has guided for 1,200 MW and 2,000 MW execution in FY26 and FY27, respectively. JM Financial expects execution to accelerate to 1,150 MW in FY26 and 1,750 MW in FY27. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
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Business Standard
3 days ago
- Business
- Business Standard
Inox Wind share falls 5% as investors book profits after strong Q4 results
Inox Wind share price: Renewable energy (RE) company Inox Wind shares were dropping in trade on the first trading day of the month i.e. Monday, June 2, 2025, with the stock falling up to 5.35 per cent to hit an intraday low of ₹184.55 per share. At 1:51 PM, Inox Wind shares were trading 4.85 per cent lower at ₹185.55. In comparison, BSE Sensex was trading 0.14 per cent lower at 81,333.07 levels. Why did Inox Wind share price fall in trade today? Inox Wind share price fell as investors booked profits after the company posted strong March quarter of financial year 2025 (Q4FY25) results. The company's profit after tax (PAT) skyrocketed 391 per cent year-on-year (Y-o-Y) to ₹190 crore (Q4FY25), from ₹39 crore a year ago (Q4FY24). The company claimed this to be its highest ever quarterly profit. Inox Wind's revenue jumped 130 per cent Y-o-Y to ₹1,311 crore in Q4FY25, from ₹569 crore a year ago. At the operational level, earnings before interest, tax, depreciation and amortisation (Ebitda) zoomed 103 per cent annually to ₹290 crore in the March quarter of FY25, from ₹143 crore in the March quarter of FY24. The order book grew 21 per cent Y-o-Y to 3,203 MW, as against 2,656 MW a year ago. Devansh Jain, executive director, INOXGFL Group Group, said, 'Inox Wind continues to deliver strong results reporting its highest ever quarterly profit, a testament of the efforts of the company over the past quarters. I am also delighted to announce that the Hon'ble NCLT has approved the scheme of arrangement between Inox Wind Energy and Inox Wind, which further fortifies Inox Wind's balance sheet. With the strong and favourable macroeconomic environment for the Indian renewable energy sector, our Group is well positioned to capitalise on the opportunities as one of the leaders in energy transition with our presence across wind, solar, EVs, BESS and renewable power generation.' About Inox Wind Inox Wind Limited (IWL) is among India's leading providers of wind energy solutions, catering to Independent Power Producers (IPPs), utilities, public sector undertakings (PSUs), and corporate investors. A part of the about $11 billion INOXGFL Group—an industrial conglomerate with a legacy spanning over 90 years—Inox Wind operates at the intersection of two key sectors: chemicals and renewable energy. Inox Wind is a fully integrated player in the wind energy market, with four advanced manufacturing facilities located in Gujarat, Himachal Pradesh, and Madhya Pradesh. These plants produce essential wind turbine components, including blades, tubular towers, hubs, and nacelles. The company's cutting-edge 3 MW wind turbine generator (WTG) series supports a total annual manufacturing capacity of approximately 2.5 GW. Inox Wind's subsidiary, Inox Green Energy Services Ltd., is India's only listed pure-play renewable operations and maintenance (O&M) company, managing a strong portfolio of ~5.1 GW and positioned for significant growth. Another subsidiary, Inox Renewable Solutions (formerly Resco Global Wind Services Pvt. Ltd.), provides turnkey EPC (engineering, procurement, and construction) services for wind energy projects, including the development of shared infrastructure such as power evacuation systems. Inox Wind delivers comprehensive wind energy solutions—spanning design, manufacturing, project execution, and long-term maintenance.
Time of India
3 days ago
- Business
- Time of India
Inox Wind shares slide 3% after Q4 results, but brokerages predict 21% upside
Shares of Inox Wind on Monday slid 3.2 per cent to their day's low of ₹188.75 on the BSE despite a sharp 391 per cent rise in its consolidated Q4FY25 PAT, its highest ever, reported at ₹190.34 crore. For the quarter ended March 30, 2025, the company's net profit rose 391 per cent to ₹190.34 crore, up from ₹38.74 crore in the same quarter of the previous year, while the revenue from operations increased by 130 per cent YoY to ₹1,311 crore. Further, the company's order book also witnessed a robust growth of 21 per cent YoY to ₹3,203 crore versus ₹2,656 crore in the corresponding quarter of the previous financial year. The order book stood at 3.2 GW, as the FY25 order inflows stood at 1.5 GW. Inox Wind also informed that its subsidiary Inox Green's renewables O&M portfolio surged to 5.1 GW, with a foray into the solar O&M segment. The merger between Inox Wind Energy and IWL was also approved, while the liabilities on IWL's balance sheet were reduced by ₹2,050 crore. 'Inox Wind continues to deliver strong results, reporting its highest ever quarterly profit, a testament to the efforts of the company over the past quarters. I am also delighted to announce that the Hon'ble NCLT has approved the scheme of arrangement between Inox Wind Energy and Inox Wind, which further fortifies Inox Wind's balance sheet. With the strong and favourable macroeconomic environment for the Indian renewable energy sector, our Group is well positioned to capitalise on the opportunities as one of the leaders in energy transition with our presence across wind, solar, EVs, BESS and renewable power generation,' said Devansh Jain, Executive Director of INOXGFL Group.
Economic Times
3 days ago
- Business
- Economic Times
Inox Wind shares slide 3% after Q4 results, but brokerages predict 21% upside
Here are the details: Inox Wind Q4 results Live Events Inox Wind share price target After the Q4 results, here's what the brokerage firms said: Nuvama: Buy | Target Price: Rs 236 ICICI Securities: Buy | Target Price: Rs 230 JM Financial: Buy | Target Price: Rs 216 (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Inox Wind on Monday slid 3.2% to their day's low of Rs 188.75 on the BSE despite a sharp 391% rise in its consolidated Q4FY25 PAT, its highest ever, reported at Rs 190.34 this, various brokerage firms have shared their views on the company's performance, giving target prices as high as Rs 236, which is an upside potential of 21% from the stock's closing price on the quarter ended March 30, 2025, the company's net profit rose 391% to Rs 190.34 crore, up from Rs 38.74 crore in the same quarter of the previous year, while the revenue from operations increased by 130% YoY to Rs 1,311 the company's order book also witnessed a robust growth of 21% YoY to Rs 3,203 crore versus Rs 2,656 crore in the corresponding quarter of the previous financial order book stood at 3.2 GW, as the FY25 order inflows stood at 1.5 Wind also informed that its subsidiary Inox Green's renewables O&M portfolio surged to 5.1 GW, with a foray into the solar O&M merger between Inox Wind Energy and IWL was also approved, while the liabilities on IWL's balance sheet were reduced by Rs 2,050 crore.'Inox Wind continues to deliver strong results, reporting its highest ever quarterly profit, a testament to the efforts of the company over the past quarters. I am also delighted to announce that the Hon'ble NCLT has approved the scheme of arrangement between Inox Wind Energy and Inox Wind, which further fortifies Inox Wind's balance sheet. With the strong and favourable macroeconomic environment for the Indian renewable energy sector, our Group is well positioned to capitalise on the opportunities as one of the leaders in energy transition with our presence across wind, solar, EVs, BESS and renewable power generation,' said Devansh Jain, Executive Director of INOXGFL Institutional Equities has given a 'Buy' rating on Inox Wind with a raised target price of Rs 236, up from Rs brokerage noted that Q4FY25 execution was modest at 236MW versus an estimate of 281MW, but strong EBITDA margins of 19.9% helped cushion the revenue miss. PAT of Rs 1.9 billion met estimates, backed by a product-heavy mix. Nuvama retained its FY26/27 execution guidance of 1.2GW/2GW and noted the company's visibility supported by a 3.2GW order backlog. The firm tweaked earnings to account for lower EPC execution, adjusted margins, and amalgamation-related EPS Securities has reiterated a 'Buy' rating on Inox Wind with a revised target price of Rs 230, up from Rs 228 brokerage highlighted that Inox Wind reported a strong FY25 performance, with revenue doubling to Rs 36 billion and execution rising to 0.7GW. EBITDA tripled to Rs 8 billion. The firm has factored in the execution of 1.2GW in FY26 and 1.7GW in FY27, driven by the company's robust order book of 3.2GW, which is 4.5x FY25 execution. The company also received fresh orders of 1.5GW and introduced a target to execute 2GW in FY27, supporting a positive Financial has maintained a 'Buy' rating on Inox Wind with a target price of Rs 216. The brokerage stated that Q4FY25 revenue rose 2.4x YoY to Rs 12.8 billion due to increased execution and improved blended realisation of Rs 54 million/MW. PAT stood at Rs 1.9 billion, in line with expectations, while EBITDA margin came in at 20%, up from 19% YoY. The firm expects execution to accelerate from 705MW in FY25 to 1,150MW in FY26 and 1,750MW in FY27, projecting revenue, EBITDA, and PAT CAGR of 45%, 46%, and 55%, respectively, for FY25–28.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
