Blogs / Inox Wind Ltd Share ...

Inox Wind Ltd Share Price Target 2025, 2026, 2027, 2030

2026-04-16 · 4 min read

Sector - Finance
Inox Wind Ltd Share Price Target 2025, 2026, 2027, 2030

Inox Wind Ltd, one of India’s leading wind turbine manufacturers, has emerged as a key player in the country’s renewable energy landscape.

Inox Wind Ltd Share Price Target

Inox Wind Ltd, part of the Inox Group, is one of the prominent manufacturers of wind turbine generators (WTGs) in India. The company is primarily engaged in the manufacturing, installation, and servicing of wind turbine generators, along with providing turnkey solutions for wind power projects. Inox Wind’s turbines are installed in several wind farms across the country, making it a significant player in India’s renewable energy sector.

Financial table for Inox Wind Ltd

Market Cap₹ 16,428 Cr.(As of April 2026)
Price to Earnings32.7
Return on equity11.7%
Debt to equity0.17
Current ratio2.34
Dividend Yield0.00%
Return on assets5.77%
ROCE11.5%
Face Value₹10
52 Week High₹198
52 Week Low₹74.90

Inox Wind Ltd Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Dec 2025

Promoters

75.00%

73.39%

67.55%

72.01%

53.87%

48.27%

44.18%

FIIs

1.91%

1.78%

2.74%

1.89%

9.47%

15.68%

14.16%

DIIs

0.53%

0.00%

0.00%

0.00%

10.16%

9.44%

10.37%

Public

22.56%

24.82%

29.70%

26.10%

27.49%

26.61%

31.30%

No. of Shareholders

48,617

44,410

59,624

53,212

1,17,484

3,80,249

4,56,823


Inox Wind Share Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 90-120

for the move Order execution faces delays and capacity expansion challenges. Projected Targets:
YEAR 2027

Target Range (₹) : 135-160

for the move Execution improves but remains moderate in scale. Projected Targets:
YEAR 2028

Target Range (₹) : 150-190

for the move Limited adoption of high-capacity turbines impacts competitiveness. Projected Targets:
YEAR 2029

Target Range (₹) : 290-370

for the move Growth in O&M contracts ensures stable cash flows and re-rating. Projected Targets:
YEAR 2030

Target Range (₹) : 400-500

for the move Growth continues steadily without aggressive re-rating.

Historic Performance:

Inox Wind Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : 71.27%

Start of the year price8.84
End of the year price15.14
Reason : Recovery driven by improving wind sector outlook and policy support.
YEAR 2021

Yearly returns : 83.94%

Start of the year price15.50
End of the year price28.51
Reason : Strong rally driven by renewable energy momentum and order visibility.
YEAR 2022

Yearly returns : -6.53%

Start of the year price28.62
End of the year price26.75
Reason : Margin pressures and inconsistent growth impacted sentiment.
YEAR 2023

Yearly returns : 358.53%

Start of the year price26.86
End of the year price123.16
Reason : Massive re-rating driven by strong order inflows and wind sector revival.
YEAR 2024

Yearly returns : 43.67%

Start of the year price124.21
End of the year price178.45
Reason : Investor confidence improved with sector tailwinds.
YEAR 2025

Yearly returns : 30.61%

Start of the year price178.03
End of the year price123.53
Reason : Stable performance supported by consistent execution and order inflows.

Conclusion

Inox Wind Ltd represents a strong growth opportunity in India’s renewable energy sector, especially in the wind power space. With government initiatives, 5G deployment, and wind energy projects expected to grow, the company is well-positioned for long-term success. However, debt concerns, raw material price fluctuations, and execution risks remain key factors to consider before making an investment.


FAQs

To read the RA disclaimer, please click here