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Inox Wind
3.7
based on 477 Reviews
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Company Overview
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Working at Inox Wind
Company Summary
A top provider of wind energy solutions in India, manufacturing key components for wind turbines with a focus on quality and cost-effectiveness.
Overall Rating
3.7/5
based on 477 reviews
7% below
industry average
Highly rated for
Job security
Critically rated for
Promotions, Salary
Work Policy
Work from office
89% employees reported
Monday to Saturday
56% employees reported
Flexible timing
63% employees reported
Within country
32% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
43 employees reported
Free meal
40 employees reported
Health insurance
38 employees reported
Job/Soft skill training
29 employees reported
View all benefits
About Inox Wind
Founded in2009 (16 yrs old)
India Employee Count501-1k
Global Employee Count5k-10k
India HeadquartersNoida, Uttar Pradesh, India
Office Locations
--
Websiteinoxwind.com
Primary Industry
Other Industries
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View in video summary
Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors. Inox Wind is a fully integrated player in the wind energy market with three state-of-the-art manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh with a cumulative manufacturing capacity of 1,600 MW. The plant near Ahmedabad (Gujarat) manufactures Blades & Tubular Towers while Hubs & Nacelles are manufactured at the company’s facility at Una (Himachal Pradesh). The new integrated manufacturing facility at Barwani (Madhya Pradesh) manufactures blades, towers and will manufacture nacelles and hubs. The facility at M.P., which will be amongst the largest in Asia and billed to be the largest in India, will drive investments and economic growth in Madhya Pradesh and provide direct and indirect employment to 5,000 people in the state. IWL manufactures key components of WTGs in-house to maintain high quality, most advanced technology, reliability and cost competitiveness. Inox WTGs are designed for low wind speed sites such as those in India.
Mission: We seek to establish ourselves as a leading provider of integrated wind energy solutions in India and to expand to markets globally. We endeavour to align ourselves with the needs and values of all our stakeholders and we aim to achieve this by:
-Expanding and improving our existing manufacturing facilities
-Increasing our inventory of quality project sites
-Improving the cost-efficiency of generating power from wind energy while maintaining high quality standards and project execution capabilities
-Continuing to consolidate our position in the Indian market and grow outside India
Vision: To be amongst the leading renewable energy companies globally through technological and operational excellence.
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Inox Wind Ratings
based on 477 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
147
4
132
3
96
2
35
1
67
Category Ratings
3.8
Job security
3.7
Work-life balance
3.5
Work satisfaction
3.4
Company culture
3.4
Skill development
3.1
Salary
3.0
Promotions
Inox Wind is rated 3.7 out of 5 stars on AmbitionBox, based on 477 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Inox Wind
based on 447 reviews
3.3
Rated by 9 Women
Rated 4.4 for Skill development and 4.4 for Work satisfaction
3.7
Rated by 438 Men
Rated 3.8 for Job security and 3.7 for Work-life balance
Work Policy at Inox Wind
based on 36 reviews in last 6 months
Work from office
89%
Hybrid
8%
Permanent work from home
3%
Inox Wind Reviews
Top mentions in Inox Wind Reviews
+ 5 more
Compare Inox Wind with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 477 reviews | 4.3/5 based on 1k reviews | 4.1/5 based on 2.3k reviews | 4.1/5 based on 907 reviews |
Highly Rated for | Job security | Company culture Work-life balance Skill development | Skill development Job security Company culture | Work-life balance Salary Company culture |
Critically Rated for | Promotions Salary | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 89% employees reported | Hybrid 62% employees reported | Work from office 76% employees reported | Hybrid 59% employees reported |
Rating by Women Employees | 3.3 Average rated by 9 women | 4.1 Good rated by 89 women | 4.0 Good rated by 74 women | 3.7 Good rated by 29 women |
Rating by Men Employees | 3.7 Good rated by 438 men | 4.3 Good rated by 879 men | 4.1 Good rated by 2.1k men | 4.1 Good rated by 806 men |
Job security | 3.8 Good | 3.8 Good | 4.0 Good | 3.7 Good |
View more
Inox Wind Salaries
Inox Wind salaries have received with an average score of 3.1 out of 5 by 477 employees.
Electrical Engineer
(122 salaries)
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₹2.3 L/yr - ₹4.8 L/yr
Junior Engineer
(64 salaries)
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₹1.8 L/yr - ₹4 L/yr
Senior Engineer
(62 salaries)
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₹3.6 L/yr - ₹6.6 L/yr
Mechanical Engineer
(43 salaries)
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₹2.5 L/yr - ₹4.8 L/yr
Deputy Manager
(39 salaries)
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₹6.2 L/yr - ₹12 L/yr
Production Engineer
(30 salaries)
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₹2.4 L/yr - ₹5 L/yr
Junior Engineer Electrical
(30 salaries)
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₹2.2 L/yr - ₹4 L/yr
Senior Electrical Engineer
(25 salaries)
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₹3.1 L/yr - ₹5.5 L/yr
Operation & Maintenance Engineer
(19 salaries)
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₹2.4 L/yr - ₹3.8 L/yr
Senior Technician
(15 salaries)
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₹1.8 L/yr - ₹3.8 L/yr
Inox Wind Interview Questions
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Inox Wind News
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Broker’s call: Inox Wind (Buy)
- The change in structure of RE projects to hybrid with integration of solar, wind and storage to maintain grid stability is giving much-needed push to wind energy.
- Inox Wind Ltd (IWL) is expanding its presence as an integrated wind energy player, offering manufacturing, EPC, and O&M services.
- Discoms prefer more dispatchable power, making hybrid projects compatible with their demand profile.
- Initiating coverage on the stock with a Buy rating, expecting an accelerated execution of wind projects and a Revenue/EBITDA CAGR of 77/84 percent during FY24-27.
HinduBusinessLine | 19 Feb, 2025
Mid, Small Cap Stocks Rise As Equity Fund Inflows Increase In January
- Mid and small cap stocks rose on Wednesday after data from Association of Mutual Funds of India showed that inflows in the segments increased in January.
- Equity mutual fund inflows marginally fell by 3.6% over the last month to Rs 39,687.78 crore in January, but the mid-cap category saw a slight increase in inflows while small-cap funds recorded a net inflow of Rs 5,721 crore.
- Stocks such as Elgi Equipment, Inox Wind, Angel One, and Sagility India showed significant growth, reflecting investor confidence in the small-cap segment.
- January marked the 47th consecutive month of positive net inflows into open-ended equity funds, despite the slight decline in overall equity mutual fund inflows.
Bloomberg Quint | 12 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 6
- The NSE Nifty 50 ended 42.95 points or 0.18% down at 23,696.30 and the BSE Sensex closed 312.53 points or 0.40% lower at 78,271.28 on Wednesday.
- Asian stocks advanced on Thursday tracking second consecutive day of gains on Wall Street amid the looming US-China trade war and muted technology earnings.
- The dollar index reversed its gains when Trump's tariff news against Canada and Mexico hit the market.
- Foreign portfolio investors turned net sellers of Indian equities on Wednesday.
- Swiggy Q3FY25 revenue up 10.9%, Ebitda loss of Rs 726 crore versus loss of Rs 554 crore and the Net Loss of Rs 799 crore versus loss of Rs 626 crore.
- Sula Vineyards Q3FY25 Earnings (Consolidated, YoY) Revenue down 0.4% at Rs 200 crore versus Rs 203 crore.
- Nifty 50 Earnings: SBI, Hero MotoCorp, ITC, Britannia Industries, Trent, Bharti Airtel.
- Inox Wind to meet Nuvama India on Feb. 10.
- The rupee ends 38 paise lower at a record closing low of 87.46 against the US dollar due to FII exits that have added to the US-China trade tension. It closed at 87.08 on Tuesday.
- The Indian rupee hit a fresh record low after opening weaker today as global funds continued to sell the currency amid global tensions.
Bloomberg Quint | 6 Feb, 2025
Budget 2025: KPI Green Energy, Inox Wind Energy Shares Rise As Government Hikes Capex Allocation
- The Union Budget 2025-26 has increased the capital expenditure for the Ministry of Renewable Energy by 11.8%, benefiting renewable energy companies.
- The market capitalization of renewable energy producing companies increased by Rs 16,070 crore to Rs 5 lakh crore following the announcement.
- KPI Green Energy's share price led gains, rising by 5%, followed by Inox Wind Energy and Tata Power with gains of 3.39% and 1.8% respectively.
- Gensol Engineering Ltd. faced the most losses and emerged as the worst performing stock.
Bloomberg Quint | 1 Feb, 2025
IndusInd Bank, ONGC, Pfizer, Inox Wind, Poonawalla Fincorp Shares React Post Q3 Results
- IndusInd Bank shares opened in the green despite reporting a 39% decline in net profit.
- ONGC fell over 3% after registering a 31% decline in net profit.
- Pfizer shares fell over 1% after reporting a bottom line of Rs 127.6 crore.
- Inox Wind's profit rose 100 times in the third quarter to Rs 116.65 crore.
Bloomberg Quint | 1 Feb, 2025
Inox Wind Q3 Results: Profit Surges Over 100x To Rs 116 Crore, Beats Estimates
- Inox Wind Ltd. reported a consolidated net profit of Rs 116.65 crore in Q3, surpassing estimates.
- The revenue in Q3 rose by 81% YoY, reaching Rs 911.27 crore.
- Ebitda increased by 123.24% to Rs 207.1 crore in the December quarter.
- The company's total order book now stands at 3,286 GW, providing significant revenue visibility for the next 2-3 years.
Bloomberg Quint | 31 Jan, 2025
Inox Wind Q3 Results: Date, Time, Earnings Call Details And More
- Wind turbine manufacturer Inox Wind Ltd. is expected to report a net profit of Rs 102 crore in Q3, marking a 9% YoY growth.
- The company has key manufacturing facilities in Himachal Pradesh, Gujarat, and Madhya Pradesh.
- Inox Wind's board of directors will meet on Jan. 31 to discuss and approve the financial statement for the December 2024 quarter.
- An earnings conference call is scheduled for Jan. 31 at 5 p.m. to discuss the Q3 performance.
Bloomberg Quint | 30 Jan, 2025
Renewable Stocks Plunge: Are Companies Now Fairly Valued?
- Renewable energy stocks have seen a sharp correction over the past one to three months.
- Stocks like Tata Power, JSW Energy, NTPC, and NHPC Ltd. are currently trading close to their five-year historical valuations.
- Wind turbine manufacturers Inox Wind and Suzlon Energy have experienced significant corrections.
- Newly listed solar module and cell makers Waaree Energies and Premier Energies have corrected in the past month.
Bloomberg Quint | 20 Jan, 2025
Inox Wind secures top credit rating for short-term facilities
- Inox Wind Limited (IWL) has secured top credit rating for short-term facilities.
- The rating agency has assigned 'ACUITE A+ | STABLE' rating for IWL's long-term bank facilities.
- IWL maintains a net cash positive balance sheet and has strong project execution capabilities.
- The company operates multiple manufacturing plants and provides wind O&M services through its subsidiaries.
HinduBusinessLine | 30 Dec, 2024
ICICI Securities Maintains 'Buy' On Inox Wind, Says Synergies From The New Businesses To Benefit The Stock
- ICICI Securities maintains 'Buy' on Inox Wind, citing synergies from new businesses to benefit the stock.
- The stock is benefitting from the improvement in industry prospects, and ICICI Securities sees up to 18% upside.
Bloomberg Quint | 5 Dec, 2024
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Inox Wind FAQs
When was Inox Wind founded?
Inox Wind was founded in 2009. The company has been operating for 16 years primarily in the Power sector.
Where is the Inox Wind headquarters located?
Inox Wind is headquartered in Noida, Uttar Pradesh.
How many employees does Inox Wind have in India?
Inox Wind currently has more than 900+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Inox Wind based on the number of reviews submitted on AmbitionBox.
Does Inox Wind have good work-life balance?
Inox Wind has a Work-Life Balance Rating of 3.7 out of 5 based on 400+ employee reviews on AmbitionBox. 58% employees rated Inox Wind 4 or above, while 42% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Inox Wind work-life balance reviews for more details
Is Inox Wind good for career growth?
Career growth at Inox Wind is rated as moderate, with a promotions and appraisal rating of 3.0. 42% employees rated Inox Wind 3 or below, while 58% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Inox Wind promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Inox Wind?
Working at Inox Wind comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for promotions / appraisal and salary & benefits, based on 400+ employee reviews on AmbitionBox.
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