Inox Wind Limited (INOXWIND) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

Inox Wind enters Q1 FY27 looking to accelerate execution after supply chain bottlenecks caused an 8.6% revenue shortfall against its FY26 targets. Investors will be focused on the company's ability to recover that delayed pipeline and whether its shift toward equipment supply is successfully balancing margins with working capital efficiency.

Inox Wind Limited Q1 Results Date and Time

The board meeting is scheduled for August 07, 2026, to approve the unaudited standalone and consolidated financial results for Q1 FY27.

What to expect from Inox Wind Limited's Q1 FY27 results

Inox Wind has set an ambitious FY27 revenue growth target of 75% over FY26, and this quarter will serve as the first checkpoint for recovering the Rs. 431 Cr shortfall from the previous year. While Q1 is historically the weakest quarter, contributing approximately 19% of annual revenue, management has explicitly promised that the supply-chain-related delays from FY26 will be recovered across Q1 and Q2. The company is navigating a strategic pivot from turnkey EPC to equipment supply, which aims to improve working capital cycles despite being inherently more dilutive to gross margins than traditional turnkey projects. With India's wind sector adding 6.05 GW in FY26 and tracking toward a 7–8 GW target for FY27, the operational environment remains supportive. Management continues to emphasize profitability over volume, consistently targeting an EBITDA margin of 20–22% for the year, which should be bolstered by the high-margin O&M business within Inox Green. Looking ahead, the upcoming call will likely address the status of the 1,500 MW framework MoU signed on June 16, 2026, and the progress on reducing working capital days toward the 150-day target.

Key Things To Watch

Performance vs Guidance Tracking: Management is tracking several key metrics to support their FY27 growth thesis.

• Revenue growth — +75% YoY over FY26 — Status: Open
• EBITDA margin — 20–22% — Status: Open
• Capex — ~Rs. 200 Cr — Status: Open
• Working capital days — 150 days — Status: Open

Operating metric trajectory: Operational shifts are central to the company's profitability strategy.

• Equipment supply share — Target 75–80% of order book — Status: 49% as of Q3 FY26
• 4X MW WTG launch — Commercial launch in CY26 — Status: On track

Strategic execution and divestment: Corporate actions and pipeline expansion are key focus areas for the upcoming results.

• Order pipeline — >4.5 GW total — Status: Updated post 1,500 MW MoU with Inox Clean Energy
• Inox Green divestment — 51.13% stake sale — Status: Approved by shareholders on 22 Jun 2026

Risks and headwinds to monitor: Management has flagged specific operational challenges impacting execution.

• Supply chain — Geopolitical tensions delaying ECS supplies — Status: Recovery promised in Q1–Q2 FY27
• Working capital — ~200–210 days at end-Q3 FY26 — Status: High; improved 15 days in Q4