Inox Wind Releases Transcript of Q4 FY26 Analyst Conference Call
Inox Wind released its Q4 FY26 earnings call transcript. The company reported FY26 consolidated revenue of ₹1,306 crore and EBITDA of ₹333 crore. It has a 3.1 GW order book and is shifting to 75% equipment supply for better working capital. Inox Green projects FY27 EBITDA above ₹600 crore. Consolidated revenue is expected to grow 75% in FY27.
The transcript provides detailed financial results, strategic shifts like the focus on equipment supply, and future guidance for both Inox Wind and Inox Green. These updates are significant for investors tracking the company's performance and future prospects.
The announcement is a transcript release of a conference call, which is a routine disclosure. While it contains financial performance details and strategic updates, it does not introduce new material positive or negative events.
Inox Wind Limited has announced the release of the transcript from its conference call held with analysts and investors on May 29, 2026. The call discussed the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. The transcript is available on the company's website.
During the call, management provided insights into the company's performance and strategic direction. For FY26, Inox Wind reported consolidated revenue of ₹1,306 crore, with an EBITDA of ₹333 crore and PAT of ₹106 crore. The company highlighted its strong order book of 3.1 GW, providing execution visibility of over 24 months. A key strategic shift towards equipment supply, aiming for 75% of the order book to be equipment supply, was emphasized to improve working capital cycles and revenue certainty. The launch of a new 4.4-MW turbine is on track for commercial launch within the calendar year.
Inox Green Energy Services Limited, the O&M subsidiary, reported a total income of ₹120 crore and EBITDA of ₹57 crore for Q4 FY26, with a portfolio exceeding 13 GWp. The company projects its FY27 EBITDA to be upwards of ₹600 crore. The scheme of demerger of Inox Green's evacuation infrastructure business and its merger into Inox Renewable Solutions has been approved by NCLT Ahmedabad.
The INOXGFL Group's renewable business strategy focuses on integration across the value chain, including manufacturing of wind turbines, solar cells, modules, and transformers, as well as EPC and O&M services. The group aims for a multiyear, multifold growth driven by group synergies and a 'ONE INTEGRATED' strategy. Inox Clean, a group company, plans significant capacity additions, with a target of 14 GW by FY29, expected to provide continuous order inflows to Inox Wind and Inox Green.
Management addressed concerns regarding working capital days and execution challenges, attributing delays to geopolitical tensions and supply chain disruptions. The pivot towards equipment supply and increased share of orders from group companies are expected to improve the working capital cycle. The company has guided for consolidated revenue growth of around 75% for FY27 over FY26, with an EBITDA margin of 20% to 22%.
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Inox Wind Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Inox Wind Limited. Read the original for the full detail.