Inox Wind Share Price Fall 7.33% Despite Strong Q3 FY26 Earnings

Shares of Inox Wind Ltd (NSE: INOXWIND) fell 7.33% to ₹98.58 as of 11:27 am IST on 16 February, compared with the previous close of ₹106.38. The stock opened at ₹106.29 and touched a low of ₹97.53 so far, marking a sharp decline during morning trade.

The decline comes three days after the company reported its December quarter (Q3 FY26) earnings on the BSE platform.

Share Price Declines Despite Robust Financial Performance

As per the company’s regulatory disclosure, Inox Wind reported Q3 FY26 revenue of ₹1,238 crore, up 24% year-on-year, while EBITDA rose 39% year-on-year to ₹313 crore. The company also disclosed a robust order book of 3.2 GW and highlighted partnerships, including a 2.5 GW wind project association with KP Energy.

Despite the improved quarterly performance, the stock has witnessed selling pressure in recent sessions. The previous close stood at ₹106.38, and the stock has corrected to sub-₹100 levels in the current session, suggesting near-term profit booking following recent gains.

Inox Wind Stock Performance Snapshot

As of 11:27 am IST on 16 February, the stock traded at ₹98.58, down ₹7.80 or 7.33% for the day. It opened at ₹106.29 and hit a high of ₹106.29, while the low stood at ₹97.53 so far.

The company’s market capitalisation stood at ₹17.04 thousand crore. The price-to-earnings (P/E) ratio was 29.85. The 52-week high and low were ₹198.14 and ₹97.53, respectively.

What this Means for Investors

The quarterly numbers indicate operational improvement, with revenue and EBITDA growth on a year-on-year basis and a sizable order book of 3.2 GW providing revenue visibility, as per the regulatory filing. The disclosed partnership pipeline may support execution momentum over the medium term.

However, the sharp intraday decline suggests that near-term market reaction is being driven by price dynamics rather than fresh disclosures. Investors may track execution timelines, order inflows, and margin trends in upcoming quarters as reflected in official filings.

Broader Market and Sectoral Context

The movement in Inox Wind shares comes amid ongoing activity in renewable energy stocks, where earnings announcements often trigger sharp price swings. Broader market direction and sector-specific cues typically influence trading volumes and short-term volatility in wind energy counters.

About the Company

Inox Wind Ltd is a wind energy solutions provider engaged in manufacturing and installing wind turbine generators and providing turnkey project solutions. The company operates across project development, engineering, procurement and construction (EPC), and operations and maintenance services.

The company is listed on the National Stock Exchange under the ticker INOXWIND.

Conclusion

Inox Wind shares declined 7.33% to ₹98.58 in morning trade on 16 February, slipping below the previous close of ₹106.38 despite reporting double-digit revenue and EBITDA growth for Q3 FY26. While the company disclosed a 3.2 GW order book and new project partnerships, the stock witnessed intraday selling pressure, taking it close to its 52-week low so far. Investors are likely to monitor execution progress and margin trends as reflected in subsequent regulatory updates.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/94f984df-02fb-4e0e-801c-5d4a7529a730.pdf