Industrials
Inox Wind Limited (inoxwind) Signs Mou with Inox Clean for the Supply of 1,500 MW of Wind Turbines
Inox Wind Limited (INOXWIND) signs MoU with Inox Clean for 1,500 MW wind turbine supply, reinforcing the INOXGFL Group’s integrated renewable strategy.
Inox Wind Limited (IWL), India’s leading wind energy solutions provider, announced today that it has signed a Memorandum of Understanding (MoU) with Inox Clean Energy (Inox Clean), India’s fastest-growing independent power producer (IPP) and solar cell & module manufacturing platform, to supply 1,500 MW of wind turbines. This strategic collaboration aligns with the INOXGFL Group’s ‘One Integrated’ renewable strategy, aimed at creating a fully integrated renewable energy ecosystem.
Strategic Partnership
The MoU is to supply Inox Clean with IWL’s advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India. This partnership will facilitate the execution and revenue generation within the INOXGFL Group, creating a virtuous cycle of collaboration among its companies. The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services, and Inox Wind to create a scalable renewable energy powerhouse.
Growth and Expansion
Inox Clean is rapidly emerging as one of the leading renewable platforms globally. The company has become one of the fastest renewable energy companies to achieve an operational portfolio of approximately 3.5 GW within the first two years of operations and plans to add over 3 GW of renewable capacity annually going forward. Approximately 20%-30% of these annual additions are expected to be wind, translating into multi-year recurring order visibility for Inox Wind and creating a strong foundation for sustained growth.
Commenting on the development, Mr. Sanjeev Agarwal, CEO, Inox Wind Ltd., said, “We are delighted to have signed this MoU with Inox Clean for the supply of 1,500 MW of advanced wind turbines. Inox Clean has ambitious plans to develop and deliver long-term clean energy solutions to its customers, and we are pleased to be a key partner in the Group’s mission to accelerate India’s energy transition, while also benefiting from a steady multi-year order inflow. We have a robust order book of 3.1 GW and, with this new MoU, our order book crosses 4.5 GW, which covers us for the next few years.”
Speaking on the occasion, Mr. Bharat Saxena, CEO, Inox Clean Energy, said, “This MoU represents a significant milestone in the execution of the INOXGFL Group’s ‘One Integrated’ renewable strategy. As Inox Clean accelerates towards its target of building a 14 GW renewable energy portfolio by FY29, having access to world-class wind manufacturing, execution, and O&M capabilities within the Group provides us with a distinct competitive advantage. The partnership with Inox Wind will enable faster project execution, greater supply chain certainty, and improved capital efficiency as we continue to scale one of India’s fastest-growing renewable energy platforms.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Inox Wind Limited
Inox Wind Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Inox posts a 14.9% three-month gain, but softens in the last few weeks. Thin margins at 9.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gives back 5.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 81.9% CAGR — a respectable pace. However, the stock drops 14.9% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of Inox Wind Limited.
Industrials
Skipper Limited Q2 FY27: Records Highest-ever Revenue; PAT Surges 56%
Skipper Limited (NSE: SKIPPER) announced its Q2 FY27 results with record revenue and a 56% surge in PAT.
Skipper Limited (NSE: SKIPPER) announced its Q2 FY27 results, marking a significant milestone with the highest-ever quarterly revenue and a 56% surge in Profit After Tax (PAT). The company’s robust performance underscores its continued focus on profitable growth and operational excellence. Skipper Limited’s revenue for Q2 FY27 reached ₹13,840 million, marking a 10% year-on-year increase. The company’s Profit After Tax (PAT) jumped to ₹575 million, reflecting a strong 56% growth compared to the same period last year.
Record Revenue and Margin Expansion
The company’s earnings report highlights a robust margin expansion, with the EBITDA margin improving to 10.5% from 10.4% in the previous year. This growth is attributed to the operating leverage and disciplined execution of higher quality Transmission & Distribution contracts. Skipper Limited’s strong performance is further evidenced by its highest-ever half-yearly revenue of ₹26,938 million, up 7% year-on-year, and a PAT of ₹1,139 million, which surged 40% compared to the previous year.
Record Order Book and Export Growth
The company’s order book reached a record closing value of ₹100,657 million, with 83% of the orders being domestic and 17% from the export market. Notably, Skipper Limited secured its highest-ever quarterly export order inflows of ₹10,540 million, driven by strong traction in both domestic and international markets. The company’s bidding pipeline also hit an all-time high of over ₹350,000 million, showcasing its robust demand and future growth prospects.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Skipper Limited
Skipper Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
Skipper holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.32 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock gains 0.7% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Both the business and the stock move in the right direction. Revenue grows at 39.9%, profits at 81.6%, and the PEG sits at 0.32 — below its growth rate. That combination is rare. Check Fundamentals of Skipper Limited.
Industrials
Ramkrishna Forgings Limited (rkforge) Q2 FY27: Forging Ahead with 55% Yoy Revenue Surge
Ramkrishna Forgings Limited (RKFORGE) reports a 55% YoY revenue increase in Q2 FY27, driven by strong domestic and international demand.
Ramkrishna Forgings Limited (RKFORGE) has reported a robust performance in Q2 FY27, with consolidated revenues reaching Rs. 1,405 crore, marking a significant 55% year-on-year increase. This growth is accompanied by improved profitability and a stronger balance sheet, reflecting the company’s strategic focus on operational efficiency and capacity expansion.
Strong Domestic and International Demand
The surge in revenue is driven by strong domestic demand and improving business in international markets. New contracts worth Rs. 673 crore have further strengthened the order book and growth visibility. The company’s diversified operations and longstanding customer relationships help it navigate the challenges posed by global trade policies, geopolitical developments, and supply chain uncertainties.
Operational Efficiency and Capacity Expansion
Ramkrishna Forgings Limited has made significant progress in scaling up its casting and aluminium forging operations. The company’s Mexico facility is strengthening its presence closer to international customers. Expansion in railways, passenger vehicles, and higher value-added products will further support growth. The company remains confident about its long-term prospects, focusing on sustaining growth momentum, improving cash flows, and strengthening its balance sheet.
Looking ahead, Ramkrishna Forgings Limited remains focused on achieving higher capacity utilization, improving efficiencies, and increasing profitability from investments made over the past few years.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Ramkrishna Forgings Limited
Ramkrishna Forgings Limited belongs to the Industrials › Metal Fabrication sector. Here’s a quick read on where the business and the stock stand today.
Ramkrishna gains 21.7% over three months and trades near its 52-week highs. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. The stock trades at 74% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Revenue grows at 10.5% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Ramkrishna Forgings Limited.
BLUESTARCO
Blue Star Limited Q2fy27 & H1fy27 Investor Presentation: Revenue Surges 21%, Profit Rises 25%
Blue Star Limited (BLUESTARCO) Q2FY27 results show a 21% revenue increase and a 25% profit rise, highlighting strong performance.
Blue Star Limited (BLUESTARCO) showcased impressive financial results for Q2FY27, with a 21% surge in revenue and a 25% increase in profit. The company’s robust performance is driven by strong demand across its segments.
Financial Highlights
The company reported a revenue of ₹2,930.95 crore for Q2FY27, up from ₹2,422.37 crore in the same period last year. Profit before tax rose to ₹134.28 crore, up from ₹132.16 crore, while net profit climbed to ₹123.91 crore from ₹98.78 crore. The carried-forward order book also increased by 1.5% to ₹7,229.22 crore.
Segment Overview
Segment 1, Electro-Mechanical Projects and Commercial Air Conditioning Systems, saw revenue growth of 16.3% to ₹1,935.99 crore. Segment 2, Unitary Products, experienced a 29.4% revenue increase to ₹897.66 crore, while Segment 3, Professional Equipment & Industrial Solutions, recorded a significant 274.4% rise in revenue to ₹97.30 crore.
However, despite the revenue growth, EBIT margins faced pressure due to material cost escalations which could not be fully passed on to customers.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Blue Star Limited
Blue Star Limited belongs to the Industrials › Building Products & Equipment sector. Here’s a quick read on where the business and the stock stand today.
Blue trades in the lower quarter of its 52-week range. The PEG stands at 6.59 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock gains 4.2% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 15.8% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Blue Star Limited.
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