Inox Wind Ltd. · NSE:INOXWIND
Inox Wind — Q4 FY25 Earnings Presentation
26 slides from Inox Wind's earnings presentation, May 30, 2025
Slide 1: Deepak Banga
Deepak Digitally signed by Deepak Banga Banga Date: 2025.05.30 16:31:00 +05'30'
Slide 2: Q4 FY25 Results Presentation
INOX WIND LIMITED Q4 FY25 RESULTS PRESENTATION MAY 2025 1
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Inox Wind Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 4: Contents
CONTENTS 1. KEY HIGHLIGHTS FOR THE QUARTER & FY25 2. GROUP OVERVIEW 3. INOX WIND – COMPANY OVERVIEW 4. INOX RENEWABLE SOLUTIONS – A FULL SERVICES RENEWABLE EPC PLAYER 5. INOX GREEN ENERGY SERVICES – RENEWABLE O&M BUSINESS – STABILITY WITH GROWTH 6. FINANCIALS & SHAREHOLDING 3
Slide 5: Key Achievements – Q4 & FY25
KEY ACHIEVEMENTS – Q4 & FY25 ✓IWL posts its highest ever quarterly profit in Q4 FY25 ✓Orderbook at ~ 3.2 GW; FY25 order inflows stand at ~1.5 GW ✓Q4 FY25: Revenue up 130% YoY; EBITDA up 103% YoY; PAT up 391% YoY at Rs 190 cr ✓FY25: Revenue up 105% YoY; EBITDA up 167% YoY; PAT at Rs 438 cr ✓Cash PAT
Slide 6: Key Highlights - Q4 FY25 – Strong Performance Continues
KEY HIGHLIGHTS - Q4 FY25 – STRONG PERFORMANCE CONTINUES Total Income (Rs cr) EBITDA (Rs cr) Cash PAT* (Rs cr) 1311 254 290 569 143 103% 83 208% 130% Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 PAT (Rs cr) Orderbook (MW) Execution (MW) 190 236 3203 2656 129 391% 21% 83% 39 Q4 FY24 Q4 FY25 Q4 FY24
Slide 7: Key Highlights - FY25
KEY HIGHLIGHTS - FY25 Total Income (Rs cr) EBITDA (Rs cr) Cash PAT* (Rs cr) 3702 918 734 1808 344 167% 800% 105% 82 FY24 FY25 FY24 FY25 FY24 FY25 PAT / loss after tax Execution (MW) (Rs cr) 705 438 376 88% -48 FY24 FY25 FY24 FY25 Revenue & profitability soars in FY25 – One of the best ever financial
Slide 8: Group Overview
GROUP OVERVIEW 7
Slide 9: INOXGFL Group – A US$ 12 bn Indian Conglomerate
INOXGFL GROUP – A US$ 12 BN INDIAN CONGLOMERATE INOXGFL Group, with a legacy of over 90 years, is one of the largest business Groups in India. It is a forerunner in diversified business segments comprising fluoropolymer, fluorochemicals, battery chemicals, wind turbines and renewables. The Group cur
Slide 10: Inox Wind – Company Overview
INOX WIND – COMPANY OVERVIEW 9
Slide 11: IWL – Well Positioned to Capitalize on the Burgeoning Wind Sector
IWL – WELL POSITIONED TO CAPITALIZE ON THE BURGEONING WIND SECTOR Fully integrated wind energy player providing end-to-end solutions – from conception to execution to commissioning to O&M Healthy Balance Strong operational track record of > 13 years and manufacturing capacity of > 2.5GW across 4 fac
Slide 12: India Renewables – A Multi-Decadal Growth Story
INDIA RENEWABLES – A MULTI-DECADAL GROWTH STORY ~ 80 GW of wind capacity to be added in the next 8 years as per the National Electricity Plan – provides visibility of > Rs 6 trn for wind OEMs and a large multi-year opportunity for O&M service providers; 250 GW of RE projects to be awarded over FY24-
Slide 13: India Wind Sector – Favorable Macro Environment
INDIA WIND SECTOR – FAVORABLE MACRO ENVIRONMENT Out of ~ 40 GW renewables capacity bid out in FY25, ~ 22 GW India targets to reach 596 GW of RE capacity by 2032 comprised of wind / hybrid / FDRE projects Wind 0.6 GW Wind related Capacity ~22 GW Awarded in FY25 Hybrid / RTC / ~21 GW FDRE 4,151 MW Win
Slide 14: IWL – Journey Towards 2 GW Annual Execution and Beyond
IWL – JOURNEY TOWARDS 2 GW ANNUAL EXECUTION AND BEYOND FY23 FY24 FY25 FY26 Execution: Execution: Execution: Execution target: 104 MW 376 MW 705 MW > 1,200 MW • Commencement of • Raised equity capital • Delivered strong • Current To targeting turnaround journey from marquee operational and orderbook
Slide 15: IWL – What Sets Us Apart – 5 Pillars of Strength
IWL – WHAT SETS US APART – 5 PILLARS OF STRENGTH Manufacturing & Strong Group Robust Exceptional Turnkey Diversified Technological Pedigree Creditworthiness Capabilities Orderbook Prowess • Strong backing of • Net cash balance • One of India’s largest • Robust orderbook • Manufacturing the US$ 11 bn
Slide 16: IWL – Robust and Well-Diversified Order Book of ~3.2 GW
IWL – ROBUST AND WELL-DIVERSIFIED ORDER BOOK OF ~ 3.2 GW ORDER BOOK MOVEMENT (MW) ORDER BOOK BREAK UP* 7,000 3,203 6,000 5,000 Equipment 4,000 1,462 supply*, 1,355 MW 3,000 (705) 2,446 End-to-end 2,000 Turnkey, 1,848 MW 1,000 - FY25 opening Net additions Supplies Current Order book currently stands
Slide 17: Inox Renewable Solutions – A Full Service Renewable EPC Player
INOX RENEWABLE SOLUTIONS – A FULL SERVICE RENEWABLE EPC PLAYER 16
Slide 18: IRSL – A Full Service Renewable EPC Player
IRSL – A FULL SERVICE RENEWABLE EPC PLAYER IRSL (formerly Resco Global) is a leading renewable EPC service provider with a pan-India presence and a very strong presence in Western India Offers EPC services across all 8 windy states Strong operational track record of >14 years across major states; Of
Slide 19: IGESL – Wind O&M Business – Stability with Growth
IGESL – WIND O&M BUSINESS – STABILITY WITH GROWTH 18
Slide 20: IGESL – A Compelling Growth Story
IGESL – A COMPELLING GROWTH STORY IGESL’s O&M portfolio is spread across 12 ✓ Provides comprehensive O&M Solutions for WTGs, solar and common infrastructure through long-term contracts of 5-20 years key renewable states of India ✓ Entering into solar and hybrid project O&M State Wind (MW) Solar (MWp
Slide 21: IGESL – Growth Strategy
IGESL – GROWTH STRATEGY IGESL targets a portfolio of 10 GW in the next 2 years through a mix of organic and inorganic growth Inorganic growth opportunities Portfolio acquisitions: O&M business of inactive/stressed players maintaining ~10 GW of capacity provides a significant opportunity for IGESL’s
Slide 22: IWL – Financials & Shareholding
IWL – FINANCIALS & SHAREHOLDING 21
Slide 23: IWL – Key Financials – Consolidated Income Statement
IWL – KEY FINANCIALS – CONSOLIDATED INCOME STATEMENT Figures in Rs crores Particulars (Rs cr) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24 a) Revenue from operation (net of taxes) 1,275 911 528 3,557 1,746 b) Other Income 36 83 41 144 62 Total Income from operations (net) 1,311 995 569 3,702 1,808 Expenses a)
Slide 24: IWL – Key Financials - Audited Consolidated Balance Sheet
IWL – KEY FINANCIALS - AUDITED CONSOLIDED BALANCE SHEET Particulars (Rs cr) As at 31 March 2025 As at 31 March 2024 Particulars (Rs cr) As at 31 March 2025 As at 31 March 2024 ASSETS Equity (1 ) Non-current assets (a) Equity Share capital 1304 326 (a) Property, Plant and Equipment 1980 1525 (b) Shar
Slide 25: IWL – Shareholding Pattern
IWL – SHAREHOLDING PATTERN List of top Institutional Shareholders Retail Investors, Others, 2% Name 15% Capital Research Global Investors Motilal Oswal AMC ICICI Prudential Mutual Fund Domestic Promoters, 48% Nippon Life India Mutual Fund Institutional Investors, 17% Vanguard Matthews Blackrock Fore
Slide 26: Thank You
THANK YOU Investor Relations Contact No: +91 120 614 9600 Email : Investors.iwl@inoxwind.com Download Twitter's new X logo here! | Disobey Follow us on Social Media: This presentation and the related discussions may contain “forward looking statements” by Inox Wind Limited (“IWL” or “the Company”) t