Slides
Page 1
INOXWIND INOX WIND LIMITED Q1 FY27 RESULTS PRESENTATION AUGUST 2026 INOVGEL
Page 2
2 SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Inox Wind Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company and in compliance with applicable SEBI Regulations. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include the effect of economic and political conditions in India, volatility in interest rates, new regulations and Government policies that may impact the Company’s business as well as its ability to implement the strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
Page 3
3 3 CONTENTS 1. Key highlights for the quarter 2. INOXGFL Group – Global leaders in energy transition 3. Renewable sector in India – A multi- decadal growth story 4. INOX Wind – India’s leading fully integrated wind solutions provider 5. INOX Renewable Solutions – A full service renewable EPC player 6. INOX Green – India’s only listed pure play renewable O&M company 7. Key financials & shareholding pattern
Page 4
4 Inox Wind – Key Highlights For The Quarter
Page 5
5 INOXGFL Renewables Adopts ‘ONE INTEGRATED’ Strategy • Inox Clean, the renewable IPP and solar cell & module manufacturing company of the Group; poised to become one of the leading renewable platforms globally • Fastest to reach an operational capacity of ~ 3.2 GW (within 16 months) → On track to reach 6 GW operational capacity by FY27 • Planned annual capacity addition of 3 GW+, with a targeted operational capacity of 14GW by FY29 o ~ 20% - 30% of the above annual capacity addition is expected to be wind → translating into a multi-year recurring order visibility for Inox Wind • India’s only listed pure play renewable O&M player • Portfolio of ~ 13.3 GWp as on Jun-26* • One of the largest renewable O&M companies in India and target to be amongst the largest globally by 2030 • Long term recurring portfolio growth visibility from Inox Clean and Inox Wind • Further growth through the inorganic route On the cusp of a massive transformation • EPC arm of the Group for both solar and wind • Fully integrated services including evacuation infra development, erection & commissioning of WTGs and modules, transformers and cranes • Transitioning to offer high value added products across power electronics • Multi-GW plug and play evacuation infrastructure in place – providing a critical ‘moat’ and growth opportunity • On a massive growth journey ahead with multi-year order book visibility Virtuous cycle of inter-play within Group entities aiding execution and revenue Group synergies and businesses secure large growth and insulate from market cycles INOX WIND: GROUP SYNERGIES TO BE THE NEXT ENGINE OF GROWTH * includes investment made by Inox Green to acquire ~ 6.5 GW of wind O&M assets, out of which, approx. 4.5 GW is in the process of being consolidated
Page 6
6 ➢ Operations showing resilience post the strategic pivot towards equipment supply • The pivot is part of a larger strategy to achieve a healthy balance sheet as well as financial robustness • It is expected to yield long term benefits and reflect meaningfully in the financials from Q3 onwards ➢ Well-diversified order book of ~ 4.4 GW as on July 2026* from IPP, PSU, C&I and retail customers • Orders from marquee customers such as NTPC, CESC, NLC India, Aditya Birla, Amplus/Gentari, Hero Future Energies, Inox Clean, amongst others • IWL has signed an MOU for 1.5 GW with Inox Clean for supply of wind turbines, out of which a firm agreement has been signed for the first tranche of 500 MW for an amount of upto Rs. 3,500 crs • Visibility of recurring turnkey orders from Inox Clean over the next several years ➢ Further, IWL has received a Letter of Award from NLC India Ltd (repeat client) for 200 MW turnkey order alongwith O&M in July 2026 ➢ Inox Green continues on a robust growth path • Approval received from the Hon’ble NCLT, Ahmedabad for acquisition of the ~ 4.5 GW wind O&M portfolio of Wind World India (erstwhile Enercon India) → transaction formalities expected to be completed in Q2 FY27, post which financial consolidation will take place • FY26 revenue from Wind World India O&M business stood at Rs. 580 crs • Value accretive transaction → this milestone transaction offers significant scope to bring in operational efficiencies through enhanced service offerings, price and cost optimisation; integration initiatives under way ➢ Demerger of the power evacuation business from Inox Green into IRSL has been completed as on August 1 2026 (being the record date) • IRSL would automatically get listed on the stock exchanges post receipt of all statutory approvals Key Achievements & Highlights – Q1 FY27 REVENUE Rs 872 cr EBITDA^ Rs 237 cr EBITDAM % ~ 27.2%^ PBT Rs 95 cr CASH PAT Rs 153 cr * Includes MOU with Group Company Inox Clean or its subsidiaries ^ Figures include other income and exclude ECL provisions and other one time charges
Page 7
7 Key Achievements & Highlights – Q1 FY27 (Cont’d.) Particulars (Rs cr) Q1 FY27 Q1 FY26 YoY % FY26 FY25@ YoY % Consolidated Total Income 872 863 1% 4,569 3,702 23% Consolidated EBITDA^ 237 245 (3%) 1,232 985 25% Profit before tax 95 138 (31%) 659 537 23% Profit after tax 64 97 (34%) 449 438 3% Cash PAT* 153 186 (18%) 863 721 20% @ Figures restated following the completion of merger of IWEL into IWL ^ Figures include other income and exclude ECL provisions and other one time charges * Cash PAT = PAT + Depreciation + Deferred Taxes + MAT credit entitlement
Page 8
8 IWL – Delivering Exponential Growth Over the Years ^ Figures include other income and exclude ECL provisions and other one time charges * Cash PAT = PAT + Depreciation + Deferred Taxes + MAT credit entitlement Net worth (Rs cr) 3,303 5,606 7,692 5,709 7,773 FY24 FY25 FY26 Q1 FY26 Q1 FY27 Inox Wind continues to deliver strong operational & financial performance Total Income (Rs cr) EBITDA^ & EBITDA Margin % Cash PAT* (Rs cr) 1,799 3,702 4,569 863 872 FY24 FY25 FY26 Q1 FY26 Q1 FY27 75 718 863 186 153 FY24 FY25 FY26 Q1 FY26 Q1 FY27 325 985 1,232 245 23718% 27% 27% 28% 27% FY24 FY25 FY26 Q1 FY26 Q1 FY27 EBITDA (Rs cr) EBITDA Margin %
Page 9
9 Note: Revenue and EBITDA margin guidance include other income REVENUE 75% growth over FY26 EBITDAM % 20-22%FY27 Growth and margin improvement strategies Financial & Strategic Operational • Commercial launch of 4X MW within CY26 • Enhancing blade manufacturing capacity to cater to 4X WTGs • Ramp up of transformer manufacturing facility; manufacturing of power electronics such as inverters, energy capacitor systems (ECS), USS (unit sub-stations) and addition of more cranes • Strategic pivot towards equipment sales • Massive jump in Inox Green’s EBITDA post consolidation of large O&M portfolios acquired • This would lead to an increase in the consolidated EBITDA and margins of Inox Wind, reflecting the higher contribution from Inox Green, which has higher margins • Securing long-term recurring orders through partnerships / framework agreements with Group company as well as existing and new third party customers Growth Guidance for FY27 Remains Unchanged
Page 10
10 Leaders In Energy Transition
Page 11
11 Chemicals Gujarat Fluorochemicals Ltd. is a leading Indian Chemicals Company supplying fluoropolymers and fluorochemicals to the global market. It is the largest PTFE / fluoropolymer manufacturer in India. The company is developing products / grades across segments catering to new age businesses, including EVs, BESS & green hydrogen Inox Wind is one of the leading fully integrated players in the wind energy market in India providing end-to-end turnkey solutions to customers. Its offerings include manufacturing and supplies of 2MW, 3MW and the upcoming 4MW class WTGs, EPC & infrastructure development (through subsidiary IRSL) and O&M (through subsidiary IGESL) Renewables INOXGFL Group – USD 16 Bn Indian Conglomerate^ • Battery materials company, a subsidiary of GFL • Catering to the EV/ESS ecosystem through Battery Salts, Additives, Electrolytes, CAM, Cathode Binders and NGAAM (Anode) Subsidiary of GFL providing fluoropolymer solutions for the entire solar and green hydrogen value chain, including proton exchange membranes for electrolysers and fuel cells Subsidiary of IWL; India's leading renewable O&M services player with ~ 13.3 GWp* of assets under management. Inox Green is India’s only listed pure-play renewable O&M service company. Subsidiary of IWL (formerly Resco Global) offering a host of EPC services – resource assessment, site acquisition, project & evacuation infra development, erection and commissioning of WTGs and modules, cranes, transformer and power electronics manufacturing Inox Neo is a RE power generation platform targeting 14 GW of hybrid RE capacity – wind + solar + BESS by FY29. Inox Solar is a fully integrated solar manufacturing player targeting 11 GW of solar cell & module manufacturing capacity across India and the USA # # # ^ As on June 30, 2026; INR:USD: Rs. 96 # Company listed on the Indian stock exchanges * includes investment made by Inox Green to acquire ~ 6.5 GW of wind O&M assets, out of which, approx. 4.5 GW is in the process of being consolidated Inox Clean is the holding company of Inox Neo Energies, the RE IPP, and Inox Solar, the solar cell & module manufacturing entity INOXGFL Group, with a legacy of over nine decades, and currently with three listed entities, is a leader in energy transition. The Group is a forerunner in diversified business segments spanning fluoropolymers, fluorochemicals, battery chemicals, wind turbines, EPC, renewable O&M, solar cells & modules and renewable power generation.
Page 12
12 INOXGFL Group is one of the most integrated players across the energy transition value chain Manufacturing RE Power Purchase RE Independent Power Producer Services INOXGFL Group – Leaders In Energy Transition
Page 13
13 Renewable Sector in India – A Multi-Decadal Growth Story
Page 14
14 Sources: NEP 2026, CEA, MoP, International Energy Agency, World Bank, JMK report India Renewable Sector – A Multi-Decadal Growth Story India’s Per Capita Electricity Consumption Expected to Triple Power Demand in BUs | Multi-year High Demand in FY27 YTD 1,460 2,000 4,000 FY25 2030 2047 Solar + Wind Forms 40% of the Total Installed Capacity India Targets 500 GW/1,800 GW of Non-fossil Fuel Capacity by 2030/2047 251, 46% 162, 30% 57, 10% 57, 10% 12, 2% 9, 2% 548 GW Huge Potential for Growth – India’s onshore wind potential stands at 695 GW at 120m hub height and 1,164 GW at 150m hub height Current 2030 2047 162 57 17 Solar Wind Others 280110 110 1,200 400 150 110 130 150 170 190 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY24 FY25 FY26 FY27 Q1 Q2 Q3 Q4 Thermal Solar Hydro (incl. small Hydro) Wind Other renewable (Biomass, waste to energy) Nuclear
Page 15
15 Sources: MNRE, MoP, CEA, International Energy Agency, JMK report, CII report Strong Demand for Wind Installations… Highest Ever Wind Installations in FY26… …With 8-10 GW Annual Wind Installations Expected in Near Term 34,145 1,480 2,118 1,503 1,111 2,275 3,253 4,151 6,057 56,092 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Mar 2026 57 100 160 400 2026 2030 2035 2047 Installed Wind Capacity Expected to be 7x Current Capacity in the Next 2 Decades 10% MW … due to its complementary generation profile to Solar, aided by the larger share of FDRE / RTC in upcoming tenders
Page 16
16 Sources: MNRE, CEA, MoP, Industry data Pure Wind Bids Highest In the Last 8 Quarters 13.9 GW Renewable Capacity Added in Q1 FY27 India’s RE Capacity (Ex-large Hydro): ~ 237 GW as of Jun’26 9.34 GW RE capacity Awarded in Q1 FY27 2.35 GW Wind 1.20 GW FDRE 1.00 GW Hybrid 3.45 GW Solar Storage 1.34 GW Solar Out of 9.34 GW renewables capacity awarded through tenders in Q1 FY27, 4.55 GW (49%) comprised of wind/Hybrid/FDRE projects Renewable Capacity Awarded Solar, 11.9, 86% Wind, 1.4, 10% Small Hydro & Others, 0.6, 4% Solar, 162.2, 69% Wind, 57.4, 24% Biomass & Others, 11.8, 5% Small hydro, 5.2, 2% All-India RE capacity (excl large hydro of 51GW) reached ~ 237 GW in Jun’26
Page 17
17 Inox Wind – India’s Leading Fully Integrated Wind Solutions Provider
Page 18
18 IWL – What Sets Us Apart – 5 Pillars Of Strength • Strong backing of the USD 16 bn INOXGFL Group • Sizeable promoter holding in the Co. • Synergies among Group companies resulting in additional opportunities • Unparalleled management team expertise • One of India’s largest wind turnkey solutions providers • Providing end-to-end solutions from conception to manufacturing to execution to commissioning to O&M • Plug & play common infrastructure is a strong moat for IWL • Smartly building common infrastructure at additional sites across the country • Net cash balance sheet as on Mar-26 • Strong relationships with all banks • Long term credit rating of AA- • Robust orderbook of ~ 3.2 GW • Executing the single largest wind project order of 1.5 GW – mix of turnkey and equipment supply • Orderbook is diversified across all customer segments – PSUs, IPPs, C&I and retail • Healthy mix of turnkey and equipment supplies • Strong operational track record of > 13 years and manufacturing capacity of > 2.5 GW across 4 facilities • Manufacturing & operating 2 MW & 3 MW WTG platforms with multiple variants • On track to launch 4.X MW WTGs • New nacelle & hub manufacturing unit operating in full swing • Backward integration through in-house cranes and transformer manufacturing Strong Group Pedigree Fully Integrated Wind Energy Player Robust Creditworthiness Diversified Orderbook Manufacturing & Technological Prowess • Robust order book of ~ 4.4 GW (July- 26)* • Executing the single largest wind project order of 1.5 GW – mix of turnkey and equipment supply • Orderbook is diversified across all customer segments – PSUs, IPPs, C&I and retail • Healthy mix of turnkey and equipment supplies • Strong operational track record of > 13 years and manufacturing capacity of > 2.5 GW across 5 facilities • Manufacturing & operating 2 MW & 3 MW WTG platforms with multiple variants • On track to launch 4X MW WTGs • New nacelle & hub manufacturing unit operating in full swing • Backward integration through transformer manufacturing, in-house cranes and power electronics * Includes MOU with Group Company Inox Clean or its subsidiaries
Page 19
19 # Excluding orders received from InoxGFL Group entities (i.e., only for third party orders) * Equipment supply includes orders with limited scope EPC IWL – Robust and Well-diversified Order Book of ~ 4.4 GW (July-26) Projects Delivered Split | Turnkey vs Equipment Supply End-to-end Turnkey Equipment supply* 100% 73% 27% 25% 75% Order Book Break up | Customers 53% 38% 9% Auction C&I PSU From ~100% turnkey in Q1 FY24… ..to almost 75% turnkey in FY26..^ ..to ~75% equipment supply going forward 41% 59% Turnkey Equipment supply Order Book Break up | Scope# • IWL’s well-diversified order book includes orders from Inox Clean, NTPC, CESC, NLC India, Aditya Birla, Hero Future Energies, Amplus/Gentari, Continuum, amongst others • Order book provides revenue visibility of more than 24 months
Page 20
20 INOX WIND – Key Renewables Customers / Associations
Page 21
21 Inox Renewable Solutions – A Full Service Renewable EPC Player
Page 22
22 INOX Renewable Solutions – A Full Service Renewable EPC Player Executed ~ 3.3 GW of projects across India Ongoing EPC activities across multiple States Customers include large PSUs, IPPs and C&I developers Inox Renewable Solutions Limited (formerly Resco Global) is a leading renewable EPC service provider with a pan-India presence and a very strong presence in Western India1 Strong operational track record of >14 years across major States; Offers end-to-end services – from project conceptualization stage up to project commissioning 2 Expanded offerings beyond wind EPC and power evacuation to solar EPC, transformer manufacturing, hybrid RE solutions and BESS EPC3 Strategic move into high value, high margin services and products, including in-house cranes and manufacturing of power electronics, such as inverters, ECS, USS (unit sub-stations) 4 Robust order book of ~ 4.4 GW of Inox Wind (end-to-end EPC / limited scope EPC) provides a strong revenue growth visibility5 Group company Inox Clean’s IPP growth plans provide large-scale EPC and project development opportunities to IRSL6 Well positioned to capture a large market share in one of the fastest growing sectors in India; India’s renewable sector is set to add ~265 GW of capacity over the next 4 years from the current ~ 235 GW7
Page 23
23 INOX Renewable Solutions – Poised for Massive Growth Asset Ownership & Expansion • Ownership of multiple substations in the group, controlling multi-GW of capacity – this provides a ‘moat’ for the business • Developing infra and land across multiple sites in Gujarat, Rajasthan, MP, Karnataka, Maharashtra, TN, etc. EPC • Leading end-to-end EPC player in wind • Rapidly expanding EPC services in solar, hybrid, RTC and FDRE • Entering the high growth BESS EPC segment • ~ 25 ongoing projects across multiple States Power Electronics and Cranes • Entering into high value added products and services with higher margins and sticky business, such as inverters, ECS, USS (unit sub-stations) • Own and operate 4 cranes; further cranes expected to be added in due course Transformer Manufacturing • Backward integration with operational facility in Jaipur, Rajasthan • Manufacturing upto 3.5 MVA at present • Future ready to expand into manufacturing of higher capacity transformers (4.9 MVA and beyond)
Page 24
24 Inox Green – India’s Only Listed Pure Play Renewable O&M Player
Page 25
25 ✓ Provides comprehensive O&M Solutions for WTGs, solar & hybrid projects as well as for the common infrastructure for renewable projects through long-term contracts of 5-20 years ✓ Achieved pan India average machine availability of 96.3% in Q1 FY27 ✓ Presence across India with an established track record of > 14 years ✓ Portfolio of ~13.3 GWp* of renewable O&M assets including ~ 10 .5GW* wind and the balance being solar ✓ Robust relationships with renewable asset owners – customers include PSUs, IPPs and private investors ✓ Reliable & stable cash flows through long-term O&M services for renewable projects as well as value added services ✓ Natural beneficiary of the WTG business of parent Inox Wind, hybrid project development and portfolio acquisitions by Inox Clean Energy’s IPP arm and inorganic growth plans ✓ Strong technological capabilities with 24x7 centralized monitoring of assets and focus on preventive rather than reactive maintenance ✓ Value-added services, which includes refurbishment, booster sales, carbon credit trading, amongst other offerings, is a high growth vertical Inox Green’s ~ 13.3 GWp* O&M Portfolio is Spread Pan India Wind + Solar assets Solar assets Wind assetsMap not to scale Andhra Pradesh Gujarat Karnataka Madhya Pradesh Maharashtra Rajasthan Tamil Nadu Uttar Pradesh INOX Green – On Track to Become One of the Largest Renewable O&M Companies Globally 112 MWp 404 MW Solar Energy Wind Energy 42 MWp 1078 MW 261 MWp 1161 MW 756 MWp 1341 MW 261 MWp 1052 MW 233 MWp 2786 MW 1109 MWp 1855 MW 180 MWp Uttarakhand 23 MWpHaryana 2 MWp Kerala 16 MW * includes investment made by Inox Green to acquire ~ 6.5 GW of wind O&M assets, out of which, approx. 4.5 GW is in the process of being consolidated Wind World O&M acquisition: Landmark transaction • Value accretive for shareholders → significant scope to bring in operational efficiencies through enhanced service offerings, price and cost optimisation • Integration initiatives under way • Wind World India FY26 O&M revenue: Rs. 580 crs
Page 26
26 IWL – Key Financials & Shareholding Pattern
Page 27
27 IWL – Key Financials – Consolidated Income Statement Particulars (Rs cr) Q1 FY27 Q1 FY26 YoY % FY26 FY25 YoY % a) Revenue from operation (net of taxes) 814 826 -1% 4,397 3,557 24% b) Other Income 58 36 61% 172 144 19% Total Income 872 863 1% 4,569 3,702 23% Expenses a) Cost of materials consumed 446 397 12% 2,228 2,054 8% b) Purchases of stock in trade 15 38 -61% 168 - - c) Changes in inventories of finished goods, (77) 38 -303% 38 20 96% d) Erection, Procurement & Commissioning Cost 119 56 113% 336 172 96% e) Employee benefits expense 50 44 14% 209 170 23% f) Finance costs 57 34 68% 200 169 18% g) Depreciation and amortization expense 59 49 20% 204 182 12% h) Other expenses 108 70 54% 525 385 37% Total Expenses (a to h) 777 725 7% 3,910 3,151 24% Profit/(Loss) before & tax 95 138 -31% 659 550 20% Exceptional items - - - (13) -100% Profit from ordinary activities before tax 95 138 -31% 659 537 -48% a) Current Tax 0 0 0% 1 1 b) MAT Credit Entitlement - - - - c) Deferred Tax 31 40 -23% 209 100 109% Total Provision for Taxation 31 40 -23% 210 102 106% Profit/(Loss) after tax from continuing operations 64 97 -34% 449 435 3% Profit/(loss) after tax for the period 64 97 -34% 449 438 EBITDA including discontinued operations^ 237 245 -3% 1,232 985 25% Cash PAT* 153 186 -18% 1,032 804 28% Cash PAT = PAT + Depreciation + Deferred Taxes + MAT credit entitlement ^ includes other income and excludes ECL provisions and other one time charges
Page 28
28 IWL – Key Financials – Consolidated Balance Sheet Particulars (Rs cr) FY26 FY25 ASSETS (1 ) Non-current assets (a) Property, Plant and Equipment 2490 1980 (b) Capital work-in-progress 247 296 (c) Goodwill 10 10 (d) Intangible assets 259 234 (e) Right-of-use-assets 65 66 (f) Financial Assets (i) Investments 550 265 (ii) Loans 0 0 (iii) Other non- current financial assets 361 430 (g) Deferred tax assets (Net) 360 440 (h) Income tax assets (net) 45 27 (i) Other non-current assets 67 116 Total Non - Current Assets (I) 4456 3865 (2) Current assets (a) Inventories 1790 1212 (b) Financial Assets 0 0 (i) Investments 0 181 (ii) Trade receivables 4250 2549 (iii) Cash and cash equivalents 131 21 (iv) Bank Balances other than (iii) above 481 192 (v) Loans 42 42 (vi) Other current financial assets 142 128 (c) Income tax assets (net) 5 21 (d) Other current assets 772 396 (e) Assets classified as held for sale 0 0 Total Current Assets (II) 7612 4741 Total Assets (I+II) 12068 8606 Particulars (Rs cr) FY26 FY25 Equity (a) Equity Share capital 1728 863 (b) Share capital pending issuance 0 761 (c) Money Received against Share Warrant 0 152 (d) Other Equity 4654 2636 (e) Non Controlling Interest 1310 1004 Total equity (I) 7692 5416 Non-current liabilities (a) Financial Liabilities (i) Borrowings 275 2 (ia) Lease liabilities 29 29 (ii) Other non-current financial liabilities 59 2 (b) Provisions 22 17 (c) Deferred tax liabilities (Net) 105 3 (c) Other non-current liabilities 96 82 Total Non – Current Liabilities (II) 586 134 Current liabilities (a) Financial Liabilities (i) Borrowings 1276 1438 a) Lease liabilities 6 5 (ii) Trade payables 0 0 a) total outstanding dues of MSMEs 3 2 b) total outstanding dues of creditors other than MSMEs 1187 1063 (iii) Other current financial liabilities 89 126 (iv) Payable toTReDS 410 26 (b) Other current liabilities 817 392 (c) Provisions 2 2 (d) Current Tax Liabilities (Net) 0 1 (e) Liabilities classified as held for sale 0 0 Total Current Liabilities (III) 3790 3055 Total Equity and Liabilities (I+II+III) 12068 8606
Page 29
29 As on June 30, 2026 IWL – Shareholding Pattern Promoters , 44% Foreign Investors, 15% Domestic Institution al Investors, 9% Retail & Others, 32% • Sizeable holding of promoter group • Investors include marquee FIIs and mutual fund / insurance investors such as Capital Research, Blackrock, ICICI Pru AMC, Bandan MF, Nippon Life India MF, Bajaj Life Insurance, PNB Metlife, Matthews, HDFC MF, Motilal Oswal MF, etc
Page 30
30 30 THANK YOU This presentation and the related discussions may contain “forward looking statements” by Inox Green Energy Services Limited (“Inox Green” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospe cts, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of Inox Green about the business, industry and markets in which Inox Green operates. These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and oth er factors, some of which are beyond Inox Green’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of Inox Gr een. In particular, such statements should not be regarded as a projection of future performance of Inox Green. It should be noted that the actual performance or achievements of Inox Green may vary significantly from such sta tements. Accordingly, this presentation is subject to disclaimer and qualified in its entirety, by assumptions and qualifications and therefore, the readers and participants are cautioned not to place undue reliance on forward looking statements as a number of factors could cause assumptions, actual future results and events can differ materially from those expressed in the forward looking statements. Follow us on Social Media: Investor Relations Contact No: +91 120 614 9600 Email : Investors.iwl@inoxwind.com