Next Suzlon: Inox Wind, the second-largest wind turbine manufacturer in India, is catching the attention of investors due to its stellar performance. The company’s order book has grown to 2,917 MW, which promises significant revenue in the coming years. The Inox Wind stock has also seen a tremendous surge, with a 350% increase over the past year. This company could potentially yield large profits similar to Suzlon.
Highlights:
- Wind Energy Production Capacity: India’s wind energy production capacity is 50 GW, with a target to increase it to 80 GW in the next 8 years.
- Inox Wind’s Order Book: The company’s order book grew to 2,917 MW in the first quarter of the financial year 2025.
- Revenue Expectations: The company earns INR 6 crore per MW, potentially leading to a revenue of INR 17,502 crore in the future.
- Market Share: Inox Wind’s current market share is 16%, with a target to increase it to 20-25% in the next 2 years.
- Stock Performance: The company’s stock has surged by 350% in the past year, delivering remarkable returns to investors.
Important Points Table:
| Point | Details |
|---|---|
| Wind Energy Production Capacity | 50 GW (Target: 80 GW) |
| Inox Wind Order Book | 2,917 MW |
| Revenue per MW | INR 6 crore |
| Potential Revenue | INR 17,502 crore |
| Market Share | 16% (Target: 20-25%) |
| Stock Performance | 350% surge in 1 year |
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Table of Contents
Inox Wind Introduction
Inox Wind, India’s second-largest wind turbine manufacturer, has drawn the attention of investors due to its rapidly growing order book and soaring stock prices. With a remarkable 350% surge in its stock value over the past year, the company is being compared to Suzlon in terms of potential profitability.
Growth in Order Book
In the first quarter of the financial year 2025, Inox Wind’s order book reached 2,917 MW, a significant increase from the previous quarter’s 2,446 MW. This expansion has had a positive impact on the company’s stock, reflecting investor confidence in its future prospects.
Financial Outlook
The growth in Inox Wind’s order book is expected to bring substantial revenue. The company earns approximately INR 6 crore per MW, leading to a potential revenue of INR 17,502 crore. This strong financial outlook has made Inox Wind a favored choice among investors.
Execution Plan
Inox Wind has laid out a strategic plan to execute 2,000 MW of orders over the next two financial years. This includes 800 MW in the financial year 2025 and 1,200 MW in the financial year 2026, demonstrating the company’s commitment to fulfilling its growing order book.
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Market Share Expansion
Currently, Inox Wind holds a 16% market share in the wind energy sector. The company aims to increase this share to 20-25% within the next two years. Given that wind energy is one of the most cost-effective renewable energy sources, there is significant potential for growth in this sector.
Inox Wind Stock Performance (Could be a Next Suzlon)
Inox Wind’s stock has delivered outstanding returns, with a 350% surge over the past year. The stock’s performance over various timeframes is impressive: 1,788.29% over 5 years, 599.97% over 3 years, 326.63% over 1 year, 71.89% over 6 months, 61.59% over 3 months, 30.01% over 1 month, and 6.07% in a single day.
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Future Plans and Goals
Inox Wind is focused on further expanding its order book and strengthening its position in the wind energy sector. The company is working on new projects and enhancing its technological capabilities to achieve these goals. With these efforts, Inox Wind aims to continue delivering strong financial results and increasing its market share.
FAQs
What is the size of Inox Wind’s order book?
Inox Wind’s order book reached 2,917 MW in the first quarter of the financial year 2025.
How much revenue does the company earn per MW?
The company earns approximately INR 6 crore per MW.
What is Inox Wind’s current market share?
Inox Wind’s current market share is 16%.
What are the company’s future targets?
Inox Wind aims to increase its market share to 20-25% and strengthen its position in the wind energy sector.
How has Inox Wind’s stock performed?
Inox Wind’s stock has surged by 350% over the past year.
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