Why Inox Wind Share Price is Falling

Rising environmental consciousness, combined with earnest policy initiatives undertaken by the Indian government, has made the green energy sector an attractive investment avenue.

Inox Wind is a leading Indian company specialising in the renewable energy sector, primarily wind energy.

The company posted its results for the quarter ended September 2025. Despite strong performance, Inox Wind share price fell 4% in intraday trade today.

Let's find out why the stock is falling and whether the weakness is here to stay.

2 Reasons Why Share Price of Inox Wind is Falling

#1 Profit Booking

Sometimes, a stock doesn't fall because the company has done something wrong, it drops simply because investors decide to pocket some of their profits. That's what seems to be happening with Inox Wind right now.

The recent uptrend in the stock was largely driven by the company's order book, reflecting a solid foundation for future growth.

So even though Inox Wind has delivered good Q2 results, investors may believe that most of the positives are already priced in.

Profit booking is a tendency of the stock market. In many cases, you would see a stock coming down after rallying sharply.

Q2 FY26 Results

Inox Wind delivered a solid performance in the September 2025 quarter, with strong growth in profitability and a strong outlook for future orders.

In the second quarter of FY26, the company reported Rs 11,192 million (m) of revenue from operations, compared to Rs 7,330 m in the same period last year.

At the operating level, EBITDA rose 48% to Rs 2,710 m, showing operational efficiency remains solid even amid rising costs and competitive pricing pressures.

Inox Wind reported a 43% year-over-year jump in its consolidated net profit, to Rs 1,206 m for the quarter ended 30 September 2025, despite a non-cash deferred tax charge of Rs 490 m. In the same quarter last year, the company's profit was Rs 845 m.

Inox Wind's half-yearly financials for the period ending September 2025 also showed a surge.

Revenue from the operations surged to Rs 19,454 m compared to Rs 13,725 m in the same period last year.

Inox Wind reported a net profit of Rs 2,179 m compared to Rs 1,385 m in the same period last year.

What Next?

Moving forward, Inox Wind has announced a major new order that further boosts its presence in the renewable energy space.

The company has received a 100 MW order for supplying wind turbine equipment from a well-known green energy transition company, marking another important step in its growth journey.

Inox Wind's order book is now over 3.2 GW, giving them a solid revenue outlook for the next 1-2 years. They have also bagged 400 MW of new orders in FY26.

It is also expanding its manufacturing capabilities. The company is ramping up production at its Kalyangarh plant in Gujarat, making parts for 3.3 MW turbines and preparing for 4X MW models.

The transformer facility in Rajasthan is already operating at full capacity, and a new blade and tower plant in Karnataka will start operating in 2026, boosting its production.

Inox Wind's arm, Inox Green, has grown to 12.5 GW with recent additions, and they have received approval to restructure their substation business, merging into Inox Renewable Solutions. This move is expected to boost their operations and efficiency.

The company's management is optimistic about the company's future, expecting more orders soon and seeing strong growth in India's hybrid renewable energy sector. Inox Wind believes that the wind sector is poised for significant opportunities ahead.

How Inox Wind Share Price Has Performed Recently

In the past five trading sessions, Inox Wind shares have declined 6.6%, extending its six-month rally to 23%.

The stock touched its 52-week high of Rs 210.8 on 3 December 2024 and its 52-week low of Rs 128.4 on 28 January 2025.

About Inox Wind

Inox Wind is a leading Indian company specialising in the renewable energy sector, primarily wind energy. It provides end-to-end wind energy solutions including the manufacturing of Wind Turbine Generators and related components such as nacelles, hubs, blades, and towers.

The company offers comprehensive services spanning engineering, procurement, commissioning (EPC), operations, and maintenance of wind power projects. Its product portfolio includes WTGs designed especially for low wind speed sites across India.

Inox Wind serves a diverse clientele including independent power producers, utilities, public sector undertakings, corporations, and retail investors.

To know more, check out Inox Wind's fact sheet and latest quarterly results.

You can also compare Inox Wind with its peers on our website.

Inox Wind vs Suzlon Energy

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Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

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