Inox Wind share value rose by nearly 5 per cent to ₹147.86 apiece on Tuesday, August 19, after the corporate introduced the sale of shares value ₹175 crore in its subsidiary, Inox Renewable Options Ltd., to traders at a valuation of ₹7,400 crore.
Inox Wind shares have remained in purple in short-term. The inventory has descended over 13.59 per cent in a month and 15 per cent in six months.
Inox Renewable Options, earlier working as Resco International Wind Providers Pvt Ltd, is engaged in executing EPC contracts inside the renewable power house. The corporate acknowledged that the divestment is geared toward enhancing enterprise effectivity and unlocking worth.
Inox Wind Q1 outcomes 2025
The announcement follows Inox Wind’s June-quarter earnings, the place the corporate reported a 134 per cent surge in web revenue to ₹97.3 crore in Q1 FY26, up from ₹41.6 crore in the identical interval final 12 months. Revenue earlier than tax rose 167 per cent to ₹138 crore, whereas money revenue jumped 168 per cent to ₹186 crore.
Income for the quarter grew 29.2 per cent year-on-year to ₹826.3 crore, in contrast with ₹639.2 crore a 12 months earlier.
The corporate’s EBITDA rose 36.5 per cent year-on-year to ₹183.8 crore within the June quarter, in comparison with ₹134.7 crore in the identical interval final 12 months. Its EBITDA margin additionally improved, growing to 22.2 per cent from 21 per cent a 12 months earlier.
Order execution got here in at 146 MW, under the road’s expectation of 180 MW. Nonetheless, the corporate maintained a wholesome order ebook of roughly 3.1 GW.
Inox Wind share value – Do you have to purchase, promote or maintain?
Brokerage agency Axis Securities has maintained ‘purchase’ score on Inox Wind with a goal value of ₹190. “We assign a goal P/E a number of of 30x (Unchanged) to our FY27 EPS estimate. After adjusting for the minority stake in Inox Inexperienced Power Providers Ltd and Resco International (~7%), we arrive at a TP of ₹190/share. We keep our BUY score on the inventory, with a possible upside of 39% from the CMP,” the agency stated.
In the meantime, brokerage agency ICICI Securities has additionally reiterated its ‘purchase’ tag with a goal value of ₹230. “We consider the decrease order influx (OI) – of 51MW in Q1 reduces the visibility of revenues in FY27E. Thus, we’re tapering FY27E estimates on execution to 1.5GW (from 1.7GW earlier). The corporate is present process restructuring of its varied companies to streamline the stability sheet (mentioned under). Given the business tailwinds and sharp drop within the inventory value, we keep a BUY on the inventory with a revised TP of INR 170 (vs INR 230 earlier),” it stated.
Disclaimer: This story is for academic functions solely. The views and proposals above are these of particular person analysts or broking firms, not Mint. We advise traders to test with licensed consultants earlier than making any funding choices.
