Slide 1: Stock exchange cover letter - Earnings Presentation
IWL: NOI: 2025 14th August, 2025 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai 400 001 Mumbai 400 051 Scrip code: 539083 Scrip code: INOXWIND Sub: Disclosure of Material E
Slide 2: Q1 FY26 Results Presentation
INOX WIND LIMITED Q1 FY26 RESULTS PRESENTATION AUGUST 2025 1
Slide 3: Safe Harbour
SAFE HARBOUR 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 2. GROUP OVERVIEW 3. WIND SECTOR IN INDIA – A MULTI-DECADAL GROWTH STORY BOOSTED BY DOMESTIC CONTENT REQUIREMENT 4. INOX WIND – LEADING INDIAN OEM PROVIDING END-TO-END WIND SOLUTIONS 5. INOX RENEWABLE SOLUTIONS – A FULL SERVICES RENEWABLE EPC PLAYER 6. INOX
Slide 5: Key Achievements – Q1 FY26
KEY ACHIEVEMENTS – Q1 FY26 ✓ IWL posts its highest ever Q1 PAT and Cash PAT ✓ Q1 FY26: Revenue up 32% YoY; EBITDA up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL has taken
Slide 6: Key Highlights – Q1 FY26 – Strong Performance Continues
KEY HIGHLIGHTS – Q1 FY26 – STRONG PERFORMANCE CONTINUES Total Income (Rs cr) EBITDA (Rs cr) Cash PAT* (Rs cr) 220 186 863 655 158 69 39% 168% 32% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 PAT (Rs cr) Orderbook (MW) Execution (MW) 97 3108 146 2917 140 42 134% 7% 4% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY
Slide 7: Inox Owned Cranes Deployed at Site; Manufacturing Expanded
INOX OWNED CRANES DEPLOYED AT SITE; MANUFACTURING EXPANDED 750 Ton crawler cranes deployed at site New Nacelle and Hub facility operationalized at Bavla, Ahmedabad 6
Slide 8: Group Overview
GROUP OVERVIEW 7
Slide 9: INOXGFL Group – A Multi-Billion Dollar Indian Conglomerate
INOXGFL GROUP – A MULTI-BILLION DOLLAR INDIAN CONGLOMERATE INOXGFL Group, with a legacy of over nine decades, is a multi-billion dollar Indian conglomerate with three listed entities. Being one of the leaders in energy transition, the Group is a forerunner in diversified business segments spanning f
Slide 10: INOXGFL Group – Leaders in Energy Transition
INOXGFL GROUP – LEADERS IN ENERGY TRANSITION INOXGFL Group has one of the most integrated presence across the Energy Transition Value Chain Manufacturing Services RE Independent Power Producer RE power purchase 9
Slide 11: Wind Sector in India – A Multi-Decadal Growth Story
WIND SECTOR IN INDIA – A MULTI-DECADAL GROWTH STORY BOOSTED BY DOMESTIC CONTENT REQUIREMENT 10
Slide 12: India Wind – A Multi-Decadal Growth Story
INDIA WIND – A MULTI-DECADAL GROWTH STORY ~ 80 GW of wind capacity to be added in the next 7-8 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 FY24-28 I
Slide 13: India Wind – ALMM for Wind Boosts Domestic Manufacturing
INDIA WIND – ALMM FOR WIND BOOSTS DOMESTIC MANUFACTURING India’s Ministry of New & Renewable Energy (MNRE) has renamed the ‘Revised List of Models and MNRE’S ALMM FOR WIND – Manufacturers of Wind Turbines’ (RLMM) to ‘Approved List of Models and Manufacturers (Wind)’, A SIGNIFICANT BOOST FOR i.e., AL
Slide 14: India Wind Sector – Favorable Macro Environment
INDIA WIND SECTOR – FAVORABLE MACRO ENVIRONMENT Out of ~ 4 GW renewables capacity awarded through tenders India targets to reach 596 GW of RE capacity by 2032 in Apr-Jul’26, ~ 1.2 GW comprised of wind / FDRE projects Wind 800 MW RE capacity FDRE 420 MW Awarded in ~4 GW 4MFY26 Solar 357 MW Solar + ES
Slide 15: Inox Wind – Leading Indian OEM Providing End-to-End Wind Solutions
INOX WIND – LEADING INDIAN OEM PROVIDING END-TO-END WIND SOLUTIONS 14
Slide 16: 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 manufacturing to execution to commissioning to O&M Healthy Balance Strong operational track record of > 13 years and manufacturing capacity of > 2
Slide 17: 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 18: IWL – What Sets Us Apart – 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 multi-bil
Slide 19: IWL – Robust and Well-Diversified Order Book of ~3.1 GW
IWL – ROBUST AND WELL-DIVERSIFIED ORDER BOOK OF ~ 3.1 GW ORDER BOOK MOVEMENT (MW) ORDER BOOK BREAK UP* 3,203 51 3,108 (146) Equipment supply*, 1,406 MW, 45% End-to-end Turnkey, 1,699 MW, 55% FY26 opening Net additions Supplies Current Order book currently stands at ~ 3.1 GW providing a large revenue
Slide 20: Inox Wind – Key Renewables Customers / Associations
INOX WIND – KEY RENEWABLES CUSTOMERS / ASSOCIATIONS 19
Slide 21: Inox Renewable Solutions – A Full Service Renewable EPC Player
INOX RENEWABLE SOLUTIONS – A FULL SERVICE RENEWABLE EPC PLAYER 20
Slide 22: IRSL – A Full Service Renewable EPC Player
IRSL – A FULL SERVICE RENEWABLE EPC PLAYER Inox Renewable Solutions Limited (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 y
Slide 23: IGESL – Renewable O&M Business – Stability with Growth
IGESL – RENEWABLE O&M BUSINESS – STABILITY WITH GROWTH 22
Slide 24: 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 25: 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 26: IWL – Financials & Shareholding
IWL – FINANCIALS & SHAREHOLDING 25
Slide 27: IWL – Key Financials – Consolidated Income Statement
IWL – KEY FINANCIALS – CONSOLIDATED INCOME STATEMENT Particulars (Rs cr) Q1 FY26 Q4 FY25 Q1 FY25^ a) Revenue from operation (net of taxes) 826 1,275 640 b) Other Income 36 36 15 Total Income from operations (net) 863 1,311 655 Expenses a) Cost of materials consumed 397 755 344 b) Changes in inventor
Slide 28: IWL – Shareholding Pattern
IWL – SHAREHOLDING PATTERN List of top Institutional Shareholders Others, 2% Name Retail Investors, 20% Capital Research Global Investors Motilal Oswal AMC ICICI Prudential Mutual Fund Promoters, 44% Nippon Life India Mutual Fund Vanguard Domestic Institutional Matthews Investors, 19% Blackrock Fore
Slide 29: 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