Inox Wind Share Price Target : Inox Wind Ltd is a prominent player in India’s renewable energy sector, focused on wind turbine manufacturing and providing comprehensive solutions for wind power projects. As part of the Inox Group, the company plays a crucial role in supporting India’s clean energy initiatives, offering services from project development to long-term maintenance. Headquartered in Noida, Inox Wind operates manufacturing facilities across Gujarat, Himachal Pradesh, and Madhya Pradesh, enabling efficient turbine distribution nationwide. As of November 13, 2024, the Inox Wind share price on the NSE stands at ₹189.90. This article provides insights into Inox Wind’s share price target from 2024 to 2030.
| Year | Share Price Target |
|---|---|
| 2024 | ₹272 |
| 2025 | ₹305 |
| 2026 | ₹388 |
| 2027 | ₹501 |
| 2028 | ₹653 |
| 2029 | ₹810 |
| 2030 | ₹920 |
Market Overview of Inox Wind Ltd
- Current Price Data:
- Open Price: ₹200.00
- High Price: ₹200.00
- Low Price: ₹184.72
- Previous Close: ₹200.00
- Volume: 8,379,778
- Market Cap: ₹24.44KCr
- P/E Ratio: 129.74
- Dividend Yield: N/A
Inox Wind Share Price Target for 2024
The expected share price target for Inox Wind in 2024 is ₹272. Factors likely to drive this target include:
- Government Support for Renewables: Increased government initiatives and favorable policies in green energy are expected to boost Inox Wind’s market reach and growth potential.
- Expansion and Project Efficiency: Growing project execution capacity and expansions in manufacturing can drive revenue and investor confidence.
- Innovation in Wind Technology: Advancements in turbine technology can improve performance, market share, and profitability.
Inox Wind Share Price Target for 2025
The share price target for 2025 is estimated at ₹305, influenced by:
- Sustainability Push: Global and Indian shifts towards reducing carbon emissions provide a favorable market for Inox Wind.
- New Market Diversification: Expanding to untapped regions and partnerships can further boost revenue streams.
- Operational Cost Management: Effective cost controls can improve profitability, strengthening market value.
Inox Wind Share Price Target for 2030
By 2030, Inox Wind’s share price target is projected at ₹920. Challenges affecting growth over this period include:
- Competitive Pressures: Intense competition within the wind energy sector may impact market share and pricing strategies.
- Regulatory Risks: Changes in government policies can affect incentives, potentially impacting operations.
- Supply Chain Disruptions: Dependence on a complex supply chain makes Inox Wind vulnerable to global shortages or logistical issues.
Inox Wind Ltd Financials and Growth Metrics
Inox Wind’s financials for 2024 reflect robust growth in the renewable energy sector. Key indicators include:
| Metric | 2024 Value | Y/Y Change |
|---|---|---|
| Revenue | ₹17.43B | 137.81% |
| Operating Expense | ₹3.86B | -25.03% |
| Net Income | -₹404.21M | 93.94% |
| EBITDA | ₹2.65B | 202.57% |
| Effective Tax Rate | -7.64% | N/A |
Shareholding Pattern of Inox Wind Ltd
- Promoters: 48.27%
- Retail and Others: 26.66%
- Foreign Institutional Investors (FII): 15.82%
- Mutual Funds: 7.21%
- Domestic Institutional Investors (DII): 2.04%
Short-Term (2024-2025) Projections
In the short term, key factors that could influence Inox Wind’s share price include:
- Financial Performance: Expected revenue and profit margins could yield an EPS of around ₹5.00 by 2025.
- Market Sentiment: Strategic expansions and operational efficiency could positively impact investor sentiment.
- Valuation Growth: The P/E ratio is projected to increase, reflecting investor confidence.
Shareholding Pattern of Inox Wind Ltd
The company’s mid-term outlook is positive, supported by:
- Revenue Growth: Targeting revenue of ₹4,000 crore by 2026 and ₹4,500 crore by 2027, with increasing profit margins.
- Profit Margins: Operational efficiencies may contribute to gross profit margin growth, enhancing profitability.
Long-Term (2028-2030) Projections
In the long term, key drivers include:
- Market Expansion: Expansion into offshore wind and hybrid energy solutions could tap high-margin sectors.
- Technological Investment: Enhanced manufacturing technology and data analytics could boost efficiency and product quality.
- Revenue Targets: By FY2030, revenue is projected at ₹7,000 crore, supporting an EPS of ₹20.38.
Factors Influencing Inox Wind’s Share Price Target
- Economic Indicators: Infrastructure spending, GDP growth, and manufacturing index.
- Government Policies: Renewable energy incentives and regulations are crucial.
- Interest Rates: Changes impact financing costs and profitability.
- Market Competition: Inox Wind must stay innovative to maintain market position.
Strategic Initiatives
To support growth and stabilize its share price, Inox Wind’s initiatives include:
- Diversified Portfolio: Expanding into offshore wind, energy storage, and grid management.
- Operational Efficiency: Reducing costs through advanced manufacturing and lean practices.
- Sustainability Focus: Prioritizing eco-friendly projects to meet regulatory standards.
- Financial Discipline: Improving asset quality and maintaining optimal debt levels.
- Technological Advancements: Investing in automation and data analytics for superior performance.
In summary, Inox Wind’s share price forecast from 2024 to 2030 hinges on its growth strategies, operational efficiencies, and market trends. Short-term volatility and sector challenges remain, but the company’s commitment to sustainability and growth positions it well for long-term value creation.
Read Also :
- Suzlon Energy Share Price Target 2024-2030: Comprehensive Analysis and Forecast
- Blue Dart Share Price Target from 2024 to 2030
- Top 3 Stocks Under ₹150 with With Future Growth For 2030
- Waaree Energies Ltd Share Price Target 2024 In Hindi
Disclaimer: The information provided on this platform is solely intended for knowledge-sharing purposes, with the aim of enhancing financial literacy in India. We do not offer any form of investment advice on any platform. Additionally, we are not SEBI-registered advisors. We urge you to make informed investment decisions in consultation with your trusted financial advisor. Please note, we do not give investment advice on social media either, and you bear full responsibility for your financial choices.
