Inox Wind Limited

rs,

Greening B N D ll A CIN : L31901 HP2009PLCO31083 Corporate Office: INOXGFL Towers, Plot No.17, Tel: +91-I 20-61 49600 1 contact@inoxwind.com Sector-1 6A, Noida-201301, Uttar Pradesh,

3.14 GW

tions INOX Green Energy Services Ltd. is India's leading wind O&M services player with more than 3.14 GW of assets under management . The Company is India’s only listed renewable O&M service company. I

1,900MW

turnkey solutions to customers – from conception to commissioning to O&M Capacity to manufacture 1,900MW of nacelle and hubs, 1,600MW of blades and 600MW of towers * The prototype of newly launched 3.3

1,600MW

ers – from conception to commissioning to O&M Capacity to manufacture 1,900MW of nacelle and hubs, 1,600MW of blades and 600MW of towers * The prototype of newly launched 3.3 MW WTG is performing well and

600MW

o commissioning to O&M Capacity to manufacture 1,900MW of nacelle and hubs, 1,600MW of blades and 600MW of towers * The prototype of newly launched 3.3 MW WTG is performing well and type certification

3.3 MW

00MW of nacelle and hubs, 1,600MW of blades and 600MW of towers * The prototype of newly launched 3.3 MW WTG is performing well and type certification is in final stages, post the same, serial supplies w

1120 MW

and significant ramp up in execution from forthcoming quarter. Current WTG order book stands at ~1120 MW. Owns ~56% in IGESL, India's leading wind O&M services player, and a natural beneficiary of the W

56%

ramp up in execution from forthcoming quarter. Current WTG order book stands at ~1120 MW. Owns ~56% in IGESL, India's leading wind O&M services player, and a natural beneficiary of the WTG business

Rs 1,250 crore

ess Both long term (CRISIL BBB+/Positive) and short term (CRISIL A2) ratings upgraded by CRISIL – Rs 1,250 crores of total bank loan facilities rated Strong operational track record of >13 years Robust relation

72.01%

location 5 INOX WIND – BUSINESS STRUCTURE Inox Wind Energy Limited (IWEL) & Promoter Entities 72.01%* Inox Wind Limited (IWL) 100%* 56.04%* Resco Global Wind Services Pvt Ltd (RGSPL) Inox Green

100%

STRUCTURE Inox Wind Energy Limited (IWEL) & Promoter Entities 72.01%* Inox Wind Limited (IWL) 100%* 56.04%* Resco Global Wind Services Pvt Ltd (RGSPL) Inox Green Energy Services Limited (IGESL

56.04%

URE Inox Wind Energy Limited (IWEL) & Promoter Entities 72.01%* Inox Wind Limited (IWL) 100%* 56.04%* Resco Global Wind Services Pvt Ltd (RGSPL) Inox Green Energy Services Limited (IGESL) Manufa

“Operations in full swing and significant ramp up in execution from forthcoming quarter, which will get reflected in financial numbers going forward.”

“Going forward we expect a run rate of sub Rs.”

Operations

1

Financials

1

Operations

Operations in full swing and significant ramp up in execution from forthcoming quarter, which will get reflected in financial numbers going forward. Large order book with execution picking pace provides strong revenue visibility There is a significant decline in Finance Costs by Rs. 25 crs for the quarter (Q4FY23 Rs.69 Crs as compared to Q3FY23 Rs. 94 Crs). Going forward we expect a run rate of sub Rs. 45 crs in Q1FY24 which will keep reducing in subsequent quarters.

Financials

Revenue and EBITDA compared to corresponding quarter : • • Total revenue of Rs. 197 Crs in Q4 FY23 against revenue of Rs. 184 Crs in Q4 FY22 EBITDA loss of Rs. (25) Crs in Q4 FY23 against EBITDA loss of Rs. (238) Crs in Q4 FY22. Revenue and EBITDA compared to corresponding financial year: • • Total revenue of Rs. 751 Crs in FY23 against revenue of Rs. 655 Crs in FY22 EBITDA loss of Rs. (242) Crs in FY23 against EBITDA loss of Rs.(282) Crs in FY22 19 FINANCIAL HIGHLIGHTS – CONSOLIDED AUDITED INCOME STATEMENT Statement of Consolidated Audited Financial Results For Quarter and Year Ended 31 March 2023 Particulars Income a) Revenue from operation (net of taxes) b) Other Income Total Income from operations (net) Expenses a) Cost of materials consumed b) Purchases of stock-in-trade c)Changes in inventories of finished goods, work-in-progress and stock-in-trade d) Employee benefits expense e) Finance costs 31-03-2023 Quarter Ended 31-12-2022 31-03-2022 31-03-2023 31.03.2022 Rs. Lakhs Year End