How much revenue did Inox Wind actually report for FY26?

The company reported ₹4,600 crore in revenue against its own guidance of ₹5,000 crore.

What does the shift to an 'equipment supply' model mean?

Inox Wind plans to sell turbines and related equipment, moving away from the capital-heavy model of owning and operating wind projects itself.

Is this transcript a new filing or just a record?

It is a formal transcript of the Q4 earnings call. All financial results and strategic changes were disclosed during the live call and in the initial results release.

What is the key detail about Inox Green in this document?

The transcript notes Inox Green's acquisition of a 6.5 GW wind asset portfolio and that the demerger of its evacuation infrastructure business has received NCLT approval.

Earnings · Electric Equipment · Mid cap

Inox Wind missed its own guidance. The transcript just confirms it.

FY26 revenue landed at ₹4,600 cr, not the ₹5,000 cr the company had promised. Now it's chasing 75% growth.

— 1 earlier story on Inox Wind Ltd. →

INOXWIND By Tipsheet Editorial 2 Jun 2026 · 6:13 PM IST Verify on BSE · NSE

Mkt cap₹14,346 cr

P/E35.42×

ROE8.88%

Debt / eq.0.29

₹4,600 cr FY26 revenue versus ₹5,000 cr guidance

What's new

Q4 FY26 transcript is a formal record of the previously disclosed revenue miss.
Inox Wind is pivoting from project ownership to a less capital-intensive equipment supply model.
Inox Green's 6.5 GW asset acquisition and NCLT-approved demerger are also detailed.

Why this matters

The transcript adds no new information. It's a record of a call where the numbers and strategy were already public. The miss is baked in. The real story is the pivot to an asset-light model and the 75% growth target for FY27.

What we're watching

Whether the 75% FY27 growth target is achievable on a new model.
How the equipment-supply shift affects Inox Wind's margins and balance sheet.
Progress on the Inox Green demerger post-NCLT approval.

The full read

Inox Wind missed its guidance. Revenue was ₹4,600 cr against a ₹5,000 cr target. This transcript is just the official record. Management confirmed the strategic pivot to an equipment-supply model. It's a less capital-intensive way to do business. The company is now chasing 75% revenue growth for FY27. On a new model. After missing the old one. The document itself changes nothing. The numbers are old news. What matters is whether the pivot works.

Questions answered

How much revenue did Inox Wind actually report for FY26?: The company reported ₹4,600 crore in revenue against its own guidance of ₹5,000 crore.
What does the shift to an 'equipment supply' model mean?: Inox Wind plans to sell turbines and related equipment, moving away from the capital-heavy model of owning and operating wind projects itself.
Is this transcript a new filing or just a record?: It is a formal transcript of the Q4 earnings call. All financial results and strategic changes were disclosed during the live call and in the initial results release.
What is the key detail about Inox Green in this document?: The transcript notes Inox Green's acquisition of a 6.5 GW wind asset portfolio and that the demerger of its evacuation infrastructure business has received NCLT approval.

Mentioned: Inox Wind · Inox Green Energy · ₹5,000 cr guidance

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on INOXWIND →

2 Jun 2026 · 6:13 PM IST Inox Wind missed its own guidance. The transcript just confirms it.
5d ago Inox Wind missed its own guidance. Now it's betting big on a new playbook.