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 Earnings: 32.7
Return on equity: 11.7%
Debt to equity: 0.17
Current ratio: 2.34
Dividend Yield: 0.00%
Return on assets: 5.77%
ROCE: 11.5%
Face Value: ₹10
52 Week High: ₹198
52 Week Low: ₹74.90
1. Year 2020 Start of Year: 8.84 End of Year: 15.14 Return: 71.27%% Reason for the move Recovery driven by improving wind sector outlook and policy support. 2. Year 2021 Start of Year: 15.50 End of Year: 28.51 Return: 83.94% Reason for the move Strong rally driven by renewable energy momentum and order visibility. 3. Year 2022 Start of Year: 28.62 End of Year: 26.75 Return: -6.53% Reason for the move Margin pressures and inconsistent growth impacted sentiment. 4. Year 2023 Start of Year: 26.86 End of Year: 123.16 Return: 358.53% Reason for the move Massive re-rating driven by strong order inflows and wind sector revival. 5. Year 2024 Start of Year: 124.21 End of Year: 178.45 Return: 43.67%% Reason for the move Investor confidence improved with sector tailwinds. 6. Year 2025 Start of Year: 178.03 End of Year: 123.53 Return: 30.61% Reason for the move Stable performance supported by consistent execution and order inflows. Projected Targets: Year 2026 Target Range (₹): 90-120 Reason for the move Projected Targets: Year 2027 Target Range (₹): 135-160 Reason for the move Execution improves but remains moderate in scale. Projected Targets: Year 2028 Target Range (₹): 150-190 Reason for the move Limited adoption of high-capacity turbines impacts competitiveness. Projected Targets: Year 2029 Target Range (₹): 290-370 Reason for the move Growth in O&M contracts ensures stable cash flows and re-rating. Projected Targets: Year 2030 Target Range (₹): 400-500 Reason for the move Growth continues steadily without aggressive re-rating. 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. 1. Why is Inox Wind falling down? Inox Wind’s stock has faced pressure due to concerns about high debt, execution delays, competition, and fluctuating raw material prices. Any delays in wind turbine project executions or project overruns can significantly impact investor sentiment. 2. Can Inox Wind be a multibagger? Inox Wind has strong growth potential given the expansion of the wind energy market in India and the global transition towards renewable energy. If the company executes projects efficiently, reduces debt, and continues to capitalize on government incentives, it could deliver strong returns over time, making it a potential multibagger. 3. Will Reliance Jio acquire Inox Wind? There is no official information regarding Reliance Jio acquiring Inox Wind. However, Reliance Jio’s involvement in the renewable energy space could open doors for partnerships or collaborations in the future. 4. Is Inox Wind a good buy? Inox Wind presents a solid investment opportunity for long-term investors focused on renewable energy growth. However, its debt levels and execution risks should be carefully monitored before making an investment. 5. Is Inox Wind a Reliance company? No, Inox Wind is not owned by Reliance Industries. It is part of the Inox Group, a diversified business conglomerate in India.Inox Wind Ltd Shareholding Pattern
Historic Performance: Inox Wind Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025
Inox Wind Share Price Target 2026, 2027, 2028 to 2030
Order execution faces delays and capacity expansion challenges.Conclusion
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