# Inox Wind share price today (Inox Wind Ltd, NSE: INOXWIND)

> Inox Wind share price today: ₹59.42 at the NSE close on 3 November 2026, down 61.7% in a year. Inox Wind (NSE: INOXWIND) is worth ₹10,269 crore, trades at a P/E of 29.8 and has closed between ₹55.20 and ₹149.45 over the past 52 weeks. > Inox Wind Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. INOXWIND · Capital Goods - Engineering Heavy · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/inox-wind-ltd

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## Key numbers

- Price: ₹59.42 (−61.7% in a year)
- P/E: 29.8× (higher than 51% of the last 11 years)
- Revenue (Jun 2026): ₹814 Cr (−1.5% on a year ago)
- Profit (Jun 2026): ₹64.0 Cr (−34.0% on a year ago)
- Operating margin: 19.0% (−3.0 points on a year ago)
- ROCE: 11%, FY26
- ROIC: 5.0%, against a 12.0% cost of capital: −7.0 points
- Profit that came in as cash: −29%, last 3 years

The main question: yearly earnings per share moved −27.6% while the share price moved −61.7%. ## What is the Inox Wind share price today? Inox Wind Ltd's share price was ₹59.42 at the close on 3 November 2026. It has been falling for 65 weeks. That is 33.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹55 and ₹149, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running. Over the last 11 years the share price moved −10% while the NIFTY 500 moved +243%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Inox Wind this quarter? One change stood out: operating margin down 3 points on a year earlier. 1. Operating margin down 3 points on a year earlier 19% in the June 2026 quarter, from 22%. ## What are Inox Wind's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Inox Wind reported revenue of ₹814 crore, down 1.5% from ₹826 crore a year earlier, and a profit of ₹64.0 crore, down 34.0% from ₹97.0 crore. ### Inox Wind results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹814 crore | ₹826 crore | −1.5% |
| Profit | ₹64.0 crore | ₹97.0 crore | −34.0% |
| Earnings per share | ₹0.25 | ₹0.61 | −59.0% |
| Operating margin | 19.0% | 22.0% | −3.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Inox Wind's management discussed these results on a call held on 29 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Inox Wind share price history? Inox Wind closed at ₹59.42 on 3 November 2026, down 61.7% from ₹155.13 a year earlier (31 October 2025) and up 80.3% over five years. Its highest weekly close since April 2016 was ₹250.72 on 20 September 2024. ### Inox Wind share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹58.93 | +0.8% |
| 1 month ago · 1 Oct 2026 | ₹68.75 | −13.6% |
| 6 months ago · 30 Apr 2026 | ₹100.95 | −41.1% |
| 1 year ago · 31 Oct 2025 | ₹155.13 | −61.7% |
| 3 years ago · 3 Nov 2023 | ₹52.90 | +12.3% |
| 5 years ago · 4 Nov 2021 | ₹32.96 | +80.3% |
| 10 years ago · 4 Nov 2016 | ₹50.40 | +17.9% |
| Earliest weekly close in our records · 1 Apr 2016 | ₹65.79 | −9.7% |
| Highest weekly close since April 2016 · 20 Sep 2024 | ₹250.72 | −76.3% |
| Lowest weekly close since April 2016 · 27 Mar 2020 | ₹4.23 | +1,304.7% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹149.45 | −60.2% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹55.20 | +7.6% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (559 weekly closes from 1 April 2016 to 3 November 2026.)

## What is the latest news on Inox Wind? 3 Nov 2026: Inox Wind closed at ₹59.42, up 0.8% on the week and down 13.6% on the month. 29 Sep 2026: Inox Wind held its results call for April to June 2026. Management guided: FY27 consolidated revenue growth of 75% to approximately ₹7,800 crore; Q2 expected stronger on a year earlier and turnaround from Q3. ### Earlier

- Results for April to June 2026: Revenue down 1.5% and profit down 34.0% on a year earlier. - 24 May 2024: Bonus issue: 3 new shares for every 1 held (ex-date). ## What dividend does Inox Wind pay? Inox Wind has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Inox Wind Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Inox Wind management say on the latest results call? On the call for April to June 2026, held on 29 September 2026, Inox Wind's management guided: FY27 consolidated revenue growth of 75% to approximately ₹7,800 crore; Q2 expected stronger on a year earlier and turnaround from Q3. > “The objective now is to become 75% equipment sales in the medium term.”
> Shweta Sultania, Head IR, on the call for April to June 2026

### What management guided

- FY27 consolidated operating margin of 20%-22%, with upward bias. - India wind installations expected at 7-10 GW annually over the medium term; Inox equipment deliveries planned at 1-1.1 GW in FY27, 1.2-1.5 GW in FY28 and approximately 2 GW in FY29. - Equipment supply planned at 75% of mix in the medium term; turnkey retained for group, PSU and select relationship work. - 4.5 MW turbine RLMM certification expected within next couple of months and production in January-February; current nameplate capacity sufficient for next 2 years. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/6576-29-Sep-2026.pdf). (From the call for April to June 2026, 29 September 2026.)

## What to watch in Inox Wind's next results? When Inox Wind reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 print to test the promised year-on-year strengthening and easing of the execution burden. - What to check (from the call)
- Q2 print to test the promised year-on-year strengthening and easing of the execution burden. - Wind World closure and Q2 accounting treatment to confirm the expected shift from other income toward operating consolidation. - RLMM certification and domestic ECS-enabled production for the next-generation turbine to arrive on schedule. - Order inflow and execution mix to show continued movement toward equipment supply rather than broad turnkey work. ## Which stock lists is Inox Wind on? Inox Wind is on 3 of our India lists: 52 week high & low, Penny stocks and Power & green energy stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): -33.44](https://www.sectoralpha.in/penny-stocks-india)
- [Power & green energy stocks Group on the list: Solar and wind equipment makers](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Inox Wind profitable? Inox Wind Ltd earned ₹64.0 Cr of net profit in the Jun 2026 quarter, −34.0% on the same quarter a year earlier. Full-year FY26 profit was ₹449 Cr. Over 10 years profit has grown −0.3% a year on average. That is 7.9% of the quarter's revenue. The same quarter a year earlier earned ₹97.0 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹449 Cr (+2.5% on the year before). Why profit moved: revenue changed −1.5% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −4.7% and revenue +20.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Inox Wind make, and is it growing? Inox Wind Ltd reported ₹814 Cr of revenue in the Jun 2026 quarter, −1.5% on the same quarter a year earlier. Over 10 years it has grown −0.1% a year on average. The last full year, FY26, came in at ₹4,397 Cr. The last four reported quarters add to ₹4,384 Cr. FY26 revenue was ₹4,397 Cr, +23.6% on the year before. Recent pace: the last four quarters grew +20.3% on average, against −0.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.1%, against +46.5% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −13.1%, against +189.1% a year (rolling over). ## How much of every ₹100 of sales does Inox Wind keep? Inox Wind Ltd's operating margin was 19.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −48.0% and 21.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.5 percentage points on the year while gross margin changed +9.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Inox Wind's profit turning into cash? Over the last 3 years Inox Wind Ltd's operations used more cash than they brought in, so cash conversion was −29%, a gap worth watching. In FY26 its operations used ₹598 Cr of cash, against ₹449 Cr of profit. After ₹689 Cr of spending on assets, free cash was −₹1,287 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Inox Wind's cash go? Inox Wind Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹4,397 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹1,829 Cr on assets over the last 3 years. Averaged over those years that is 13.9% of FY26 revenue a year. Spending on assets: ₹1,829 Cr over the last 3 years, against ₹499 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹247 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Inox Wind's P/E ratio, and how does it compare with its own history? Inox Wind Ltd's P/E is 29.8×, in the middle of its own history: higher than 51% of past readings. Its usual P/E (the middle reading) is 28.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −27.6% while the price moved −61.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 10 years the price moved +1.7% a year; about −6.6% a year came from earnings growth and about +8.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Inox Wind business getting better or worse? Inox Wind Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Inox Wind earn on its capital? Inox Wind Ltd earned a ROCE of 11% in FY26. That is up from a low of −11% in FY22. Its return on capital used (ROIC) is 7.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 10.2% net margin and 0.37× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.2% net margin × 0.37× asset turnover × 1.87× leverage (assets divided by equity) ≈ 7.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 5.0% − 12.0% = −7.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 5.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 6.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Inox Wind have too much debt? Inox Wind Ltd has total debt of ₹1,587 Cr against shareholder equity of ₹7,692 Cr as of Jun 2026, so its debt is 0.21× its equity, which is very little. Year by year, that ratio went from 0.92 in FY22 to 0.21 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Inox Wind shareholding pattern? Promoters cut their stake in Inox Wind Ltd by 4.1 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 44.2% of the company. Foreign institutions moved −3.7 points over the same period, to 12.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −4.1 points over 8 quarters, to 44.2%; Foreign institutions: −3.7 points over 8 quarters, to 12.2%; Domestic institutions: +0.7 points over 8 quarters, to 9.8%. Why the owners changed: promoters drove it (−4.1 points), together with foreign institutions (−3.7 points). They reduced their stake. ## How far is Inox Wind from balance-sheet trouble? For Inox Wind Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Inox Wind rank in its industry? 38.7 out of 100, rank 11 of 16 in Capital Goods - Engineering Heavy, with 89% of the evidence available. Inox Wind Ltd scores 38.7 out of 100 against the 16 companies it is compared with in Capital Goods - Engineering Heavy, ranking 11. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 11.6 + 9 + 14.7 + 3.4 = 38.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Inox Wind compared with? Inox Wind ranks 11 of 16 Capital Goods - Engineering Heavy companies on the 4-Factor Sector Score, with 38.7 out of 100. 1. [JNK India Ltd](https://www.sectoralpha.in/stocks/jnk-india-ltd) JNKINDIA · quiet · Most evidence points up · 79% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.8/35 · Revenue 84.4% · Profit 100% · Operating margin change 5.5 points · 88% evidence Capital efficiency 14.8/25 · ROCE 17.4% · Operating margin 8.8% · 100% evidence Valuation 10.7/20 · P/E 28× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 14.8% · Lead over NIFTY 500 15.5% · 1 year 28.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 30.8 + 14.8 + 10.7 + 13.6 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Bharat Heavy Electricals Ltd](https://www.sectoralpha.in/stocks/bharat-heavy-electricals-ltd) BHEL · losing its lead · Evidence leans up · 75% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 29.1% · Profit 100% · Operating margin change 3 points · 95% evidence Capital efficiency 9.0/25 · ROCE 9.1% · Operating margin 11% · 76% evidence Valuation 9.7/20 · P/E 46.9× · PEG n/a · 15% evidence Relative strength 15.8/20 · Lead over its industry 16.2% · Lead over NIFTY 500 18% · 1 year 46% · 100% evidence · 7 of 12 weeks ahead Exact sum: 27.9 + 9 + 9.7 + 15.8 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Disa India Ltd](https://www.sectoralpha.in/stocks/disa-india-ltd) DISAQ · quiet · Evidence leans up · 81% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 3.8% · Profit 6.3% · Operating margin change -1 points · 88% evidence Capital efficiency 21.2/25 · ROCE 26.6% · Operating margin 14% · 100% evidence Valuation 11.6/20 · P/E 30.4× · PEG 1.9 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.5% · 1 year -18.3% · 25% evidence · 1 of 12 weeks ahead Exact sum: 16.9 + 21.2 + 11.6 + 9.6 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Concord Control Systems Ltd turning · Too little evidence to rank firmly · 57% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 100% · Profit 100% · Operating margin change 10 points · 27% evidence Capital efficiency 17.4/25 · ROCE 31.2% · Operating margin 30% · 71% evidence Valuation 9.0/20 · P/E 58.4× · PEG n/a · 50% evidence Relative strength 12.6/20 · Lead over its industry -1.8% · Lead over NIFTY 500 1.6% · 1 year 22.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.6 + 17.4 + 9 + 12.6 = 58.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Eimco Elecon (India) Ltd](https://www.sectoralpha.in/stocks/eimco-elecon-indialtd) EIMCOELECO · leader · Evidence leans up · 85% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 25.3% · Profit 2.9% · Operating margin change 3.2 points · 100% evidence Capital efficiency 11.5/25 · ROCE 10.3% · Operating margin 18.9% · 100% evidence Valuation 11.2/20 · P/E 29.3× · PEG 1.12 · 100% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 26.2% · 1 year 14.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.9 + 11.5 + 11.2 + 12.3 = 57.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Suzlon Energy Ltd](https://www.sectoralpha.in/stocks/suzlon-energy-ltd) SUZLON · basing · Evidence leans up · 100% evidence 56.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue 33.9% · Profit -28.8% · Operating margin change -4 points · 100% evidence Capital efficiency 20.5/25 · ROCE 34.2% · Operating margin 15% · 100% evidence Valuation 19.0/20 · P/E 20.5× · PEG 0.36 · 100% evidence Relative strength 3.8/20 · Lead over its industry -29.6% · Lead over NIFTY 500 -27% · 1 year -42.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.4 + 20.5 + 19 + 3.8 = 56.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Hercules Investments Ltd](https://www.sectoralpha.in/stocks/hercules-investments-ltd) HERCULES · Evidence leans up · 65% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/43.75 · Revenue -80% · Profit -74.3% · Operating margin change -0.4 points · 56% evidence Capital efficiency 10.9/31.25 · ROCE 5.7% · Operating margin 48.7% · 100% evidence Valuation 22.1/25 · P/E 8.6× · PEG 0.28 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.2 + 10.9 + 22.1 = 51.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 8. [Integra Engineering India Ltd](https://www.sectoralpha.in/stocks/integra-engineering-india-ltd) basing · Evidence leans down · 76% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.4/35 · Revenue 1.7% · Profit -16.6% · Operating margin change -3.5 points · 83% evidence Capital efficiency 18.2/25 · ROCE 18.5% · Operating margin 16.4% · 95% evidence Valuation 9.9/20 · P/E 34.1× · PEG n/a · 15% evidence Relative strength 9.7/20 · Lead over its industry -16.3% · Lead over NIFTY 500 -13.7% · 1 year -38.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.4 + 18.2 + 9.9 + 9.7 = 48.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [John Cockerill India Ltd](https://www.sectoralpha.in/stocks/john-cockerill-india-ltd) COCKERILL · quiet · Evidence leans down · 74% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue 78.6% · Profit 100% · Operating margin change -4.6 points · 88% evidence Capital efficiency 8.8/25 · ROCE 11.1% · Operating margin -2.3% · 100% evidence Valuation 3.9/20 · P/E 155× · PEG 9.45 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 7.1% · 1 year 28% · 25% evidence · 3 of 12 weeks ahead Exact sum: 22 + 8.8 + 3.9 + 11.6 = 46.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Walchandnagar Industries Ltd](https://www.sectoralpha.in/stocks/walchandnagar-industries-ltd) WALCHANNAG · quiet · Evidence leans down · 71% evidence 45.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 38% · Profit 96.7% · Operating margin change 12.9 points · 65% evidence Capital efficiency 5.4/25 · ROCE 4.2% · Operating margin 8.1% · 100% evidence Valuation 9.1/20 · P/E 114.5× · PEG n/a · 15% evidence Relative strength 5.3/20 · Lead over its industry -8.4% · Lead over NIFTY 500 -6.5% · 1 year 1.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.2 + 5.4 + 9.1 + 5.3 = 45 · What this means: Earnings are strong; relative strength in its sector is -8.4% and the one-year return is 1.5%. 11. Inox Wind Ltd this page INOXWIND · quiet · Evidence leans down · 89% evidence 38.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue 17.1% · Profit -13.1% · Operating margin change -3 points · 88% evidence Capital efficiency 9.0/25 · ROCE 10.6% · Operating margin 19% · 100% evidence Valuation 14.7/20 · P/E 27.7× · PEG 0.83 · 65% evidence Relative strength 3.4/20 · Lead over its industry -41.4% · Lead over NIFTY 500 -38.3% · 1 year -64.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 11.6 + 9 + 14.7 + 3.4 = 38.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 12. [The Anup Engineering Ltd](https://www.sectoralpha.in/stocks/the-anup-engineering-ltd) ANUP · quiet · Evidence leans down · 89% evidence 38.7 out of 100 Growth Capital Valuation Relative
13. [Windsor Machines Ltd](https://www.sectoralpha.in/stocks/windsor-machines-ltd) WINDMACHIN · turning · Too little evidence to rank firmly · 56% evidence 37.5 out of 100 Growth Capital Valuation Relative
14. [Kabra Extrusion Technik Ltd](https://www.sectoralpha.in/stocks/kabra-extrusion-technik-ltd) KABRAEXTRU · leader · Evidence leans down · 78% evidence 37.0 out of 100 Growth Capital Valuation Relative
15. [Bajaj Steel Industries Ltd](https://www.sectoralpha.in/stocks/bajaj-steel-industries-ltd) BAJAJST · quiet · Most evidence points down · 81% evidence 29.7 out of 100 Growth Capital Valuation Relative
16. [Praj Industries Ltd](https://www.sectoralpha.in/stocks/praj-industries-ltd) PRAJIND · quiet · Most evidence points down · 85% evidence 25.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Engineering Heavy](https://www.sectoralpha.in/sectors/capital-goods-engineering-heavy), all 16 compared on one page. ## Which companies are close to Inox Wind in size? Inox Wind is the 3rd largest of 16 Capital Goods - Engineering Heavy companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bharat Heavy Electricals and Suzlon Energy. Just below it: Praj Industries, John Cockerill India, Windsor Machines and The Anup Engineering. ### Capital Goods - Engineering Heavy companies close in size

1. [Bharat Heavy Electricals Ltd](https://www.sectoralpha.in/stocks/bharat-heavy-electricals-ltd) ₹1,34,965 crore
2. [Suzlon Energy Ltd](https://www.sectoralpha.in/stocks/suzlon-energy-ltd) ₹46,227 crore
3. Inox Wind Ltd ₹9,540 crore
4. [Praj Industries Ltd](https://www.sectoralpha.in/stocks/praj-industries-ltd) ₹4,443 crore
5. [John Cockerill India Ltd](https://www.sectoralpha.in/stocks/john-cockerill-india-ltd) ₹3,284 crore
6. [Windsor Machines Ltd](https://www.sectoralpha.in/stocks/windsor-machines-ltd) ₹2,762 crore
7. [The Anup Engineering Ltd](https://www.sectoralpha.in/stocks/the-anup-engineering-ltd) ₹2,630 crore

[All 16 Capital Goods - Engineering Heavy companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-engineering-heavy#all-companies)

### Companies close in size in other industries

1. [Aptus Value Housing Finance India Ltd](https://www.sectoralpha.in/stocks/aptus-value-housing-finance-india-ltd) ₹9,580 crore · Finance - Housing
2. [Blue Jet Healthcare Ltd](https://www.sectoralpha.in/stocks/blue-jet-healthcare-ltd) ₹9,550 crore · Pharma - API & CRAMS
3. Inox Wind Ltd ₹9,540 crore
4. [Park Medi World Ltd](https://www.sectoralpha.in/stocks/park-medi-world-ltd) ₹9,490 crore · Hospitals/Medical Services
5. [Rategain Travel Technologies Ltd](https://www.sectoralpha.in/stocks/rategain-travel-technologies-ltd) ₹9,472 crore · IT Product Companies

## What else do people ask about Inox Wind? ### What is Inox Wind's share price today? Inox Wind Ltd's share price is ₹59.42, −61.7% over the past year. The whole company is worth ₹10,269 Cr on the market. In the last 52 weeks it traded between ₹55 to ₹149; today it is 4% of the way up from the low, 33.2% below its 200-day average (as of 3 November 2026). ### What were Inox Wind's latest quarterly results? Inox Wind Ltd reported revenue of ₹814 Cr and net profit of ₹64.0 Cr for the Jun 2026 quarter. Revenue fell 1.5% and profit fell 34.0% compared with a year earlier. Earnings per share were ₹0.25. The operating margin was 19.0%, 3.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Inox Wind's market cap? Inox Wind Ltd's market capitalisation is ₹10,269 Cr at a share price of ₹59.42. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Inox Wind performing? Inox Wind Ltd's share price has been falling for 65 weeks. In its latest quarter, revenue fell 1.5% and profit fell 34.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 22 weeks running (as of 3 November 2026). ### Will Inox Wind's share price go up? This page does not forecast Inox Wind Ltd's share price. What it shows instead: the share price is ₹59.42, and it has been falling for 65 weeks. Its P/E of 29.8× is higher than 51% of its own last 11 years (as of 3 November 2026). ### Does Inox Wind have too much debt? No, Inox Wind Ltd has little debt: its debt is 0.25× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹1,587 Cr against equity of ₹6,382 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Inox Wind in its business cycle? Inox Wind Ltd's FY26 operating margin was 20.0%, against a 13-year range of −48.0% to 21.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Inox Wind story? The main question: yearly earnings per share moved −27.6% while the share price moved −61.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Inox Wind a stock worth studying right now? What the numbers show: Inox Wind Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Inox Wind share price forecast for 2026? What management itself guided: FY27 consolidated revenue growth of 75% to approximately ₹7,800 crore; Q2 expected stronger on a year earlier and turnaround from Q3. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

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