Try GOLD - Free

Inox Wind Sees Margin Tailwind, But Execution Cloud Looms

Mint Chennai

|

September 05, 2025

Losing steam

- Manvi Agarwal

Inox Wind Ltd's shares have risen about 2.4% since its June quarter earnings call (Q1FY26) on Monday. The management has raised FY26 EBITDA margin guidance to 18-19% from 17-18%. The Q1 EBITDA margin was 22%.

Cost controls, better equipment economics and new facilities should aid margin improvement. With nacelle and hub plants now operational and additional cranes deployed at sites, execution bottlenecks should ease. A new blade unit in southern India should improve logistics and site access.

Amid weak Q1 deliveries of 146 MW as it focused on clearing Q4 backlog, Inox reiterated its 1,200 MW target for FY26 and 2,000 MW for FY27.

MORE STORIES FROM Mint Chennai

Mint Chennai

Resilience spells hope as uncertainty reigns high

As trade-policy turmoil prolongs global uncertainty on an IMF index, we have some bright spots too. India should consider shifting focus from supply-side policies to demand stirrers

time to read

2 mins

November 17, 2025

Mint Chennai

Mint Chennai

In India’s car labs, Chinese models set new benchmark

nology officer (CTO) at Tata Motors Passenger Vehicles Ltd, said, “Automotive technology is unfolding rapidly in China with a strong focus on consumer-centric design and user experience.”

time to read

2 mins

November 17, 2025

Mint Chennai

'Chandrayaan-4 by '28, output to triple'

Indian Space Research Organisation is preparing for a busy phase with seven more launches this financial year, even as India's first human spaceflight is slated for 2027, chairman V. Narayanan said.

time to read

1 min

November 17, 2025

Mint Chennai

Yamaha eyeing 25% growth in exports

Japanese two-wheeler major Yamaha expects exports from India to grow 25% this year and is making its Chennai factory an export hub for global markets, especially advanced countries like the US, Europe and Japan, according to a top company official.

time to read

1 min

November 17, 2025

Mint Chennai

Mint Chennai

How popularity can shape your work life

Likeability at work can shape how colleagues respond to you, granting an unspoken advantage, but it also comes with a set of drawbacks

time to read

5 mins

November 17, 2025

Mint Chennai

Mint Chennai

Satellite internet firms may see fee cut for remote areas

Discount would apply to 5% annual spectrum charge that DoT plans to levy on the firms

time to read

2 mins

November 17, 2025

Mint Chennai

Force eyes global mkts, defence to fuel growth

Force Motors, known for its shared mobility solutions, is preparing to expand its presence in global markets and the defence segment, having consolidated its position in India by focusing on areas that drive profitable growth, managing director Prasan Firodia said.

time to read

1 min

November 17, 2025

Mint Chennai

Mint Chennai

India plans HR reset to unlock mobility gains in FTAs

The government is planning to upgrade human resource (HR) standards in India's services sector, including how skills are certified and employeesare trained, tobringthe country'sHR practices closer to global norms, and make its professionals internationally competitive.

time to read

1 min

November 17, 2025

Mint Chennai

Britain to overhaul its asylum policy

Britain said on Saturday it would launch the largest overhaul of policy on asylum seekers in modern times, drawing inspiration from Denmark's approach, one of the toughest in Europe and widely criticized by rights groups.

time to read

1 min

November 17, 2025

Mint Chennai

Why retail investors should tread the IPO market with extra caution

Chasing quick gains in IPOs can backfire if investors don’t do their due diligence to understand business risks

time to read

4 mins

November 17, 2025

Listen

Translate

Share

-
+

Change font size