What we do Inox Wind Ltd is India's leading integrated wind energy solutions provider, manufacturing turbines and offering EPC and O&M services to utilities, corporates and IPPs. |
Founded in 2,009 |
Market share Among the top wind OEMs in India with over 2.5 GW manufacturing capacity and a diversified order book exceeding 3.2 GW. |
Problem solved Addresses India's renewable energy needs by providing cost-effective, reliable wind power technology and turnkey project execution to reduce carbon footprint. |
Top clients or who we serve Serves Indian utilities, independent power producers (IPPs), public sector units, corporates, and retail investors; B2B and B2C focus. |
Key management - |
Our journey and innovations Founded in 2009, launched 2 MW turbines with AMSC tech, expanded manufacturing, developed 3 and 4 MW turbines, and commissioned over 1.44 GW hybrid projects. |
Where we operate Primarily India, with manufacturing facilities in Gujarat, Himachal Pradesh, Madhya Pradesh, and project footprints across Indian states. |
Top products or what we offer Manufactures 2 MW and 3 MW WTGs, EPC services, operations & maintenance, wind farm development, and hybrid renewable solutions. |
Top brands Inox Wind 2 MW and 3 MW wind turbine generators; Inox Green for O&M services; Inox Renewable Solutions for EPC projects. |
Raw materials needed Steel, electronic control systems, composite materials for blades, transformers, and crane equipment. |
Raw materials supplier Not specified; technology licensed from AMSC for turbines; multiple suppliers for components and raw materials. |
Recurring vs cyclical contribution Revenue mix includes recurring from long-term O&M contracts and cyclical from EPC and turbine sales. |
Our industry position A leading Indian wind OEM with strong market presence, integrated manufacturing, and growing O&M portfolio nearing 12.5 GW. |
Financial highlights For FY25, consolidated revenue ~ Rs 3,557 crore with profit after tax of Rs 448 crore; strong EBITDA growth and net cash position. |
Geographical revenue split Revenue predominantly from India; operations and clients spread across multiple Indian states. |
Order book Well-diversified order book of over 3.2 GW, providing strong revenue visibility for next 18-24 months. |
Whats driving growth Strong government renewable targets, wind-solar hybrid projects, supportive policies, decreasing wind turbine costs and rising demand from IPPs and corporates. |
Our future plans Scaling up manufacturing with new plants in Karnataka, launching 4 MW turbines, expanding O&M portfolio, and securing long-term framework agreements. |
Our green promise Committed to sustainability with ISO certifications, focus on clean energy generation and waste management, and corporate social responsibility. |
Our people and values Emphasizes skilled workforce, safety, and ethical governance with regular leadership evaluations and employee engagement. |
Key challenges ahead Managing supply chain constraints, competition, regulatory changes, capital requirements for growth, and technological advancements. |
Interesting facts Oversubscribed IPO in 2015 by 18.5 times; pioneered 2 MW turbine manufacturing with exclusive technology license from AMSC in India. |
Risks and strategy Mitigates risks by diversifying order book, vertical integration, strong cash flows, technological innovation, and strategic partnerships. |
